NM College Mumbai: Merit List, Admission 2024, Courses, Fees, Placements, Scholarships
About NM College
Narsee Monjee College of Commerce and Economics, popularly known as NM College, is a private institute in Vile Parle West, Mumbai. NM College was established in 1961 by Shri Vile Parle Kelavani Mandal (SVKM). The college is affiliated with the University of Mumbai and accredited with an ‘A’ grade by the NAAC. It is also ranked 4th All India in Education World Private Autonomous College Rankings 2023-24.
Initially, NM College started with one course B.Com in 1964 with a total intake of 250 students. Now, it offers more than six courses at Undergraduate, Postgraduate, and Doctorate levels with a total intake of approximately 5500 students. Additionally, the college offers certificate courses for working professionals. Admissions to all courses (except BMS) at NM College are offered based on marks secured in the qualifying exams as per the guidelines set by Mumbai University.
During Narsee Monjee College of Commerce and Economics Placement 2023-2024, the highest salary package of INR 14.10 was offered to a B.Com student by Axxela Financial Services. Some of the top recruiters include Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC, KNAV, DH Consultants and many more.
Table of Content
NM College Merit List 2024 (Released)
| UG Course | Fourth Merit List |
|---|---|
| B.Com | Check Here |
| BAF | Check Here |
| BMF | Check Here |
| B.Com (Economics) | Check Here |
| B.Com (Economics & Analytics) | Check Here |
| PG Course | First Merit List |
|---|---|
| M.Com Advanced Accountancy | Check here |
| M.Com Business Management | Check here |
| M.Com Banking & Finance | Check here |
NM College Highlights
Here are some highlights on Narsee Monjee College of Commerce and Economics.
| NM College Highlights | |
|---|---|
| Name of the College | Narsee Monjee College of Commerce and Economics |
| Location | Swami Bhaktivedant Marg Bhagubai Mafatlal Complex, Opp. Cooper Hospital Vile Parle West Mumbai 400056 |
| Affiliated With | University of Mumbai |
| Recognized By | UGC |
| Courses Offered | UG, PG & Ph.D. |
| Flagship Course | B.Com |
| Admission Criteria | Merit/Entrace-based |
| Highest Package | INR 14.10 LPA (B.Com) |
| Top Recruiters | Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC |
| Official Website | nmcollege.in |
NM College Courses and Fees
NM College offers B.Com at the UG level in multiple streams like Accounting and Finance, Financial Markets, Management and Finance, Economics, Economics & Analytics, BMS, and BSc IT, M.Com, and PhD programs. Details like eligibility, selection criteria, and fees for NM College courses are as follows:
| Courses | Eligibility & Selection Criteria | Total Fees |
|---|---|---|
| B.Com |
Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination( with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra/ other Indian State Boards or equivalent examination Selection Criteria: Merit-based |
In-house: INR 13,750 Outside: INR 14,470 |
| BMS |
Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination (with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra / other Indian State Boards or equivalent examination or Diploma program in any Engineering Branches with two years or three years after SSC/(Std X) examination conducted by the Board of Technical Examination or its equivalent examination Selection Criteria: Common Entrance Test by State Cell Maharashtra (MH-CET) |
In-house: INR 55,000 Outside: INR 55,720 |
| B.Sc. |
Eligibility: A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination ( with minimum 60% marks in aggregate of all subjects) conducted by the Maharashtra/ other Indian State Boards or equivalent examination with Mathematics as one of the subjects Selection Criteria: Merit-based |
In-house: INR 60,500 Outside: INR 61,220 |
| M.Com |
Eligibility: B.Com/ BMS/ BBI/ BAF/ BFM Degree & (BMM only for Management specialization) Selection Criteria: Merit-based |
In-house: INR 36,790 Outside: INR 37,510 |
NM College Admissions
Admissions at NM College are offered in two categories i.e. In-House and Outsiders. Students from SVKM’s Narsee Monjee College of Commerce & Economics are considered as In-House students and students passing out from other colleges are Outsider students. NM College admissions for all courses (except BMS) are offered based on marks secured in the qualifying examination in both categories. However, the college is now taking admission for the BMS program through a Common Entrance Test by State Cell Maharashtra (MH-CET) as per the new guidelines by Mumbai University. NM College admission process is as follows:
Step 1: Register Online and Complete the Application
Students seeking admission to the Degree College must fill the pre-admission enrolment form of the Mumbai University admission portal and then the online application form for admission on the NM College official website (nmcollege.in) once the HSC/12th Board exam result is out and the University of Mumbai declares the schedule of admission. The completed application form has to be submitted along with all required relevant documents online.
- Students are required to register on the site of the Academic Bank of Credit (abc.gov.in) as it is mandatory.
- For In-House Students (BCOM) Aided Courses: Candidates should fill in the online Pre-enrollment form of the University of Mumbai from under the Autonomousl category, as N M College is an autonomous institution & take printouts.
- For Self-financed programs, the In-house category DOES NOT apply.
Step 2: Merit List Announcement
After the registration process is complete, the college will release merit lists for shortlisted candidates for admission. The college usually releases 3 merit lists on its official website for each program to fill the seats. If seats remain vacant, the college will conduct spot admissions.
Step 3: Verification of Document & final admission
Candidates whose names appear on the merit list are required to report to the college for document verification. Once the verification is done, candidates will be offered admission after paying the required admission fee.
NM College Placements
NM College placement 2024 report is yet to be released. As per the NM College placement 2023 report, the highest salary package of INR 14.10 LPA was offered to a B.Com students by Axxela Financial Services. The overall average salary package stood at INR 6 LPA. Highest salary packages offered by top 5 companies are as follows:
| Company Name | No. of students selected & Courses | Salary Package |
|---|---|---|
| Axxela Financial Services | 1 BCom | 14.10 |
| Futures First | 1 BAF | 12.88 |
| Deloitte India | 6 MCom | INR 7.6 |
| Barclays Bank | 1 BFM | INR 7 LPA |
| TADS Education | 2 MCom | INR 8 LPA |
As per NIRF 2023 submitted by the NM College, the median salary packages offered to UG and PG students are given in the table below:
| Particulars | Placements Stastics 2022-23 |
|---|---|
| UG (3 Years) Students Placed | 110 |
| UG (3 Years) Median Salary Package | INR 2.79 LPA |
| PG (2 Year) Students Placed | 10 |
| PG (2 Year) Median Salary Package | INR 5 LPA |
NM College Scholarship
NM College provides various scholarships based on both merit and need-based under the different scholarship schemes by the Government of Maharashtra. The terms & conditions for the Scholarships/ Freeships vary from Scholarship to Scholarship and the students can avail of only one Scholarship / Freeship in a year.
Here is a list of NM College Scholarship
- Scholarship to the Scheduled Caste/Scheduled Tribes/ Person with Disability/ V.J.N.T. / Special Backward Class (SBC)/ (OBC) other Backward Class Students.
- Award of Freeship/ Examination Fees to Scheduled Caste/ Scheduled Tribes/ VJNT/ Special Backward Class (SBC) /Other Backward Class Students.
- Government Scholarship to Pupils of Central Sector Scheme for Undergraduate Courses.
- Post Matric Scholarship to students of Minority Community. (Viz. Muslim, Buddhist, Christian, Parsi, Sikh, Jain, etc.)
- Government Studentship to pupils of Economically Backward Classes for Junior College.
- State Government Open Merit Scholarship.
- Education Concession to the Children of Ex-Servicemen.
- Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulka Shishyavrutti Scheme.
- Eklavya Scholarship for Post Graduate Students.
NM College Infrastructure & Facilities
Narsee Monjee College of Commerce and Economics has world-class infrastructure, access to latest technology and exposure to diverse technical skills, offered by the institution equips learners to stride with competitive fervour.
Various facilities offered at NM College are given below:
- Library: NM College Library is 7400 sq. ft. total spread over two stories. There is space in the reading room for 300 pupils. Each table is equipped with a laptop plug for convenience. The College Library Committee consists of the staff members from Degree College, Junior College, Unaided Courses, Librarian and Assistant Librarian. The library collection consists of Books - 38866 (Net total), Periodicals subscribed – 82, CD-ROMs – 307, Newspapers -21, Maps – 4, Online databases- 31.
- Classrooms: There are 36 lecture rooms available at the college, with seating for between 60 and 140 people. In addition, lecture halls are used for speaker sessions, staff meetings, training sessions, and break-out rooms for larger gatherings.
- Auditoriums & Halls: NM College has roomy auditoriums and seminar halls to promote thought-provoking events and conversations. These locations hold cultural events, workshops, seminars, and guest lectures, creating a lively environment that supports extracurricular and academic pursuits.
- Sports Facilities: Acknowledging the significance of comprehensive growth, the college offers top-notch athletic facilities. With the availability of well-equipped gymnasiums, indoor sports courts, and outdoor sports fields, students can pursue their academic objectives and maintain their physical well-being.
- Cafeterias & Food Courts: The college is aware of how important it is to offer a satisfying and cozy dining experience. Well-kept food courts and cafeterias provide a range of tasty and nutritious options to suit a wide range of palates and dietary requirements.
- Hostel: There are some private student housing complexes near the college for students who require hostel facility. Students have to arrange the accommodation by themselves.
NM College Alumni
- Nita Ambani: Chairperson and founder of the Reliance Foundation, Dhirubhai Ambani International School, and a director of Reliance Industries.
- Aamir Khan: Indian Actor
- Divyank Turakhia: Indian-born serial entrepreneur, self-made billionaire and investor, and Founder of Media.net
- Nirmal Jain: Founder and Chairman of India Infoline Group, a financial conglomerates
- Anita Donge: Indian Fashion Designer
Check More: NM College Reviews
NM College FAQs
Ques. Does NM College have any centers for extra or co-curricular activities?
Ans. Narsee Monjee College of Commerce and Economics, commonly known as NM College, indeed offers various opportunities for extra and co-curricular activities. The college recognizes the importance of holistic development alongside academic excellence. The college has several centers for extra and co-curricular activities such as Mathematics & Statistics Cell, Association of Accountancy, Finance & Investment Cell, Advertising & Marketing Circle, Brand Building Committee and many more.
Ques. How are the placements at NM College?
Ans. During Narsee Monjee College of Commerce and Economics Placement 2023-2024, the highest and average package offered stands at INR 14 LPA and INR 5.5 LPA respectively. Some of the top recruiters that visit the campus for placement include top-notch companies like Deloitte, Morgan Stanley, KPMG, Ernst & Young, PWC, KNAV, DH Consultants and many more.
Ques. What are the courses offered at NM College?
Ans. At present, NM College offers UG, PG & Ph.D. courses. The college started with an initial intake of 250 students has now grown to have a total strength of approximately 5500 students. B.Com is the flagship course offered at NM College as it statrted just one course in B.COM in 1964. Some of the courses offered at NM College are B.Com, BMS, B.Sc.& M.Com.
Ques. How to reach NM College?
Ans. The nearest railway station to NM College would depend on your starting point. However, Vile Parle and Andheri are two major railway stations nearby. From the station, you can hire an auto-rickshaw, take a bus, or walk to reach the college campus. Mumbai has a comprehensive bus network operated by BEST (Brihanmumbai Electric Supply and Transport) and other private operators.
Ques. How are hostels at NM College?
Ans. There are private hostels and dormitories available in the vicinity of NM College. These hostels typically offer shared or individual rooms with basic amenities like bedding, furniture, Wi-Fi, and sometimes meals. There are some private student housing complexes near the college for students who require hostel facility. Students have to arrange the accommodation by themselves.
Ques. What is the eligibility criteria for NM College?
Ans. A candidate must have passed the Higher Secondary School Certificate (Std. XII) examination conducted by the Maharashtra/ other Indian State Boards or equivalent examination (with a minimum of 60% marks in aggregate of all subjects) or Diploma program in any Engineering Branches with two years or three years after SSC conducted by the Board of Technical Examination or its equivalent examination. The final admission to the program will be given based on equal weightage to class XIIth marks (aggregate of all subjects) Under NEP 2020, UG Programs will be of 4 years duration with Honors/Research.
Ques. What is the status of recognization of NM College?
Ans. Narsee Monjee College of Commerce and Economics is an autonomous college that was established in the year 1964 by Shri Vile Parle Kelavani Mandal (SVKM). The college is affiliated with the University of Mumbai and recognized by University Grants Commission (UGC). NMCCE Mumbai has been re-accredited by NAAC with Grade ‘A’. NM College has been ranked 4th by Education World Private Autonomous College Rankings 2023-2024.
Ques. What is the flagship course at NM College?
Ans. B.Com is the flagship course offered at NM College as the college started with just one course in B.COM in 1964. Admissions to all the UG and PG courses are purely based on merit as per the University of Mumbai guidelines.
NM College Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
| B.Com | ₹50,000 (1st Year Fees) | 10+2 | 25 May - 11 Jun 2024 | |
| BMS | ₹50,000 (1st Year Fees) | 10+2 | 25 May - 11 Jun 2024 | |
| M.Com | ₹36,790 (1st Year Fees) | Graduation | 22 May - 19 Jun 2024 | |
| B.Sc | ₹55,000 (1st Year Fees) | 10+2 | 25 May - 11 Jun 2024 | |
| B.Com {Hons.} | ₹1.15 Lakhs (1st Year Fees) | 10+2 | 25 May - 11 Jun 2024 |
Courses Offered By NM College 2024
Select Degree and Streams to See Course Fees and Admission Details.
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NM College Upcoming Application Dates 2024
Expired Events
| Events | Dates |
|---|---|
| Online Submission of Admission Form alongwith Pre Enrolment Forms [BBA/BMS] | May 25, 2024 - Jun 11, 2024 |
| Online Submission of Admission Form alongwith Pre Enrolment Forms [B.Sc] | May 25, 2024 - Jun 11, 2024 |
| Online Submission of Admission Form alongwith Pre Enrolment Forms [B.Com] | May 25, 2024 - Jun 11, 2024 |
NM College Rankings 2024
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Why To Join NM College - Reviews & Rating
What Students Say?
Likes
- The course curriculum of this college is very good, and I would like to recommend that you join this college.
- I havent experienced any internship from my college, so I have no idea about the stipend.
Dislikes
- I have no idea about the loan facility or the scholarship facility, but I can say that for almost everyone, there is no need to apply for a loan or scholarship as the fees for the year are comparatively very low.
- I was not in the hostel, but they have a hostel that is very expensive and charges for food on a pay-per-use basis
These insights are automatically extracted from student reviews
Most Popular Tags
Likes
- I personally love the college’s infrastructure, amenities and services that they provide. The curriculum that they follow is very straight forward and up to the mark which gives the student the opportunity of the best education.
- The college has some amazing fests and organisations which makes it so much better for each student to learn outside books and gain knowledge through experience. They’re also very particular about the students attendance which makes it better as it
Dislikes
- I think some teachers are a little strict to the point where it’s unnecessary as it’s not a school. specially in junior college. They could be more relaxed considering it’s college
- There should be more social interactions. The college follows a curriculum which is limiting to books and classrooms, they should organise practical learning and activities
Admission:
the course is eligible for everyone who have passed their 12th exam and gained a percentage above 40/45% all the application forms are available on the college website, we must first register with the mumbai university since it's a mumbai university affiliated course the cut offs depend on the amount of students applying for the specific course hence it varies but it's last list stops around 70-75 for outsides and for in-house students it's easily available i feel the admission process should be made easier, applying for so many colleges with so many entrances is confusing and hectic for every student
Likes
- The course structure was comprehensive and covered both finance and management.
- The faculty was however the best part, NM has the most helpful and insightful teachers who guide you through your entire journey
Dislikes
- 75% compulsory attendance, in all the semesters is a hassle to handle
- the disciplinary committee in college can be very strict
Admission:
I appeared for mincet to be eligible for admission in svkm. The admission process can be complicated as you have to apply to mumbai university first and then to your preferred colleges. The college does have reservations.
Likes
- I really appreciate the curriculum and the activities involved that help you boost your self confidence.
- You become a completely different person when you leave the college, a better version of yourself
Dislikes
- I did not dislike anything as such, none
Admission:
I did have any entrance exams. The admission process required us to submit a lot of documents and within a stipulated time frame. The cut off starts around 95% for M.Com. You can refer to the college website for the admission details.
Admission:
The admission process went very smoothly. The application form is available in the XIME website . The college accepts CAT, MAT, CMAT, XAT scores above a certain percentage. Students are then shortlousted for the group interview and the personal interview rounds.
Likes
- I like the faculty and the course. They are all very qualified.
- They have an amazing array of extracurriculars which give everyone a chance to try new things.
Dislikes
- The timings are a big disadvantage. My course had timings of 6:45 to 12pm
- They are very strict about attendance and this can be a problem for outstationed students.
Admission:
There was an entrance exam. Now the college accepts only Cuet for my course. There's a Gujarati minority quota. The application form is on the website of the college itself. The cut-off is usually above 90%.
Likes
- Infrastructure, amenities, teaching style
Admission:
I didn't give any entrance exam to take admission after 10th in NM college in 2018 cut off was 91.40% also the process was fully online. I am Gujarati so I applied for Gujarati minority. As college is doing its best I don't think it needs to improve.
Admission:
Admission was merit-based, students were shortlisted by marks of mathematics in class 12 of HSC then shortlisted students were to submit documents after verification admission was done. This year there Will be an entrance exam
Admission:
Every year after the 12th-grade results are out admission process starts. College sets out the cut-off criteria. On the basis of cut off merit list is prepared. NM College gives reservation benefits to Gujrati minority category students and in-House students for admission.
Admission:
My admission process was online. We have to take 100 rupees college admission form and I got placed on the special list(4th list). It was based on a maths score and the cut-off was above 50 marks for NM college.
Admission:
My friend recommended this college I studying with him. I took late admission. It was a very simple procedure to take admission. They require fees in draft money. They should accept fees in UPI or cash method.
NM College Scholarship 2024
Scholarship provided by the college.
NM College Mumbai provides various scholarships based on both merit and need-based under the different scholarship schemes by the Government of Maharashtra. The terms & conditions for the Scholarships/ Freeships vary from Scholarship to Scholarship and the students can avail of only one Scholarship / Freeship in a year.
Here is a list of Narsee Monjee College of Commerce and Economics College Scholarship
- Scholarship to the Scheduled Caste/Scheduled Tribes/ Person with Disability/ V.J.N.T. / Special Backward Class (SBC)/ (OBC) other Backward Class Students.
- Award of Freeship/ Examination Fees to Scheduled Caste/ Scheduled Tribes/ VJNT/ Special Backward Class (SBC) /Other Backward Class Students.
- Government Scholarship to Pupils of Central Sector Scheme for Undergraduate Courses.
- Post Matric Scholarship to students of Minority Community. (Viz. Muslim, Buddhist, Christian, Parsi, Sikh, Jain, etc.)
- Government Studentship to pupils of Economically Backward Classes for Junior College.
- State Government Open Merit Scholarship.
- Education Concession to the Children of Ex-Servicemen.
- Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulka Shishyavrutti Scheme.
- Eklavya Scholarship for Post Graduate Students.
NM College: 3 Answered Questions
Is it possible to pursue C.A. along with B.Com. from Narsee Monjee College of commerce and economics?
Yes, it is possible to prepare for CA, while pursuing a B.Com from Narsee Monjee College of Commerce and Economics. Many do so. But you will have to manage attendance, lectures, presentation, projects, and exams along with CA preparation. Which won’t be a cakewalk. NM College has strict attendance rules.
Can I do a CA with a BCom from Narsee Monjee College of Commerce and Economics, Mumbai?
Definitely, you can do both CA as well as B.Com at the same time from Narsee Monjee College of Commerce and Economics, Mumbai. However, managing both at the same time will be difficult.
The college has a very strict attendance policy of 75%. So basically you will need to attend classes every day. Living in a city like Mumbai, traveling to and fro to attend lectures, managing studies along with a job is not something that everyone can handle. Even if your attendance percentage is slightly lower than 75% the college will debar you from giving exams and may even expel you from the program. Some students even develop health issues due to such a rigorous schedule.
Now, these are the problems with doing CA and B.Com at the same time. But if you can handle the pressure, then definitely you should do it.
How did you manage your B.Com. while studying for the IPCC/finals? Was your attendance always above 75% at Narsee Monjee College of Commerce and Economics?
My sister is an alumnus of NM College and she shared some tricks regarding attendance which you may find useful. In NM College, you will not get your attendance, if you miss the first lecture.
For eventually maintaining both B.Com and your IPCC finals, you should check for the subjects that you rather find uninteresting, and skip those lectures to study on your own. Other than that, if you consider taking a one day leave in the week, spend that by studying individually, instead of doing other insignificant chores.
There is no regulation whatsoever regarding a student not being allowed to sit in the college library after the lecture period is over. In the library, you will find planty of company even at 7 P.M.
Also, even if you go on to miss one lecture a week, you will still be maintaining 75% as the average, or sometimes, even more. Hope this helps you.
NM College Facilities
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NM College Gallery
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NM College Faculty
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Mumbai - 400056
Maharashtra, India
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Comments
22 Comments
The cutoff has not been specified, you can register an download the brochure for the detailed information about the courses.
Aspirant seeking admission to the program must have passed the Higher Secondary School Certificate (Std. XII) examination conducted by the Maharashtra/ other Indian State Boards or equivalent examination or Diploma program in any Engineering Branches with two years or three years after SSC conducted by the Board of Technical Examination or its equivalent examination
No, there is no entrance examination for admission to B.Com. in NM College. The admission to the course is based on Merit basis.
You need to contact directly to the NM College to know the registration for entrance examinations are open or not.
Admission date has not been announced yet at the Narsee Monjee for the academic year 2024-25.
Admissions to all the UG and PG courses at NMCCE are done on the basis of merit as per the University of Mumbai guidelines. The cutoff for open category candidates at NMCCE ranges from 89% to 97%, depending on the courses.
Is there an entrance exam
NMCCE follows different admission criteria from course to course. You can check the course wise admission process on below link
Link: NMCCE Admission 2023
The total fee structure for BBA course at the college is INR 1,50,000 for 3 years.
If you have completed B.Com then you can apply for M.Com at Narsee Monjee College Of Commerce And Economics. You can apply online through the website.
You can pursue commerce-related courses like B.Com and BMS with CFA. Admission to these courses is merit-based. You can check out more details regarding Narsee Monjee College Admissions
Admissions are ongoing for M.Com at Narsee Monjee College Of Commerce. You can apply online by the website.
Narsee Monjee College of Commerce and Economics does not provide admissions on a CUET basis. The admissions are merit-based.
Admission to NMCEE Mumbai is done through NMIMS-NPAT test which is scheduled for January 4th to May 31st 2023 followed by counselling after that.
No, NMCCE Mumbai admission doesn’t accept admissions based on entrance test rather based on merit.
Check here to know about fees as per the courses offered at NMCCE. NMCCE Courses and Fees.
Narsee Monjee College of Commerce and Economics offers B.Com. but not BBA. The admission to the B.Com. is not based on the entrance examination. Admission is merit-based.
Is Mcom available?
Yes, M.Com. is available in Narsee Monjee College of Commerce and Economics offers M.Com. in two specialisations which are M.Com. and M.Com. Business Analytics.
You can get admission to the Bachelor of Commerce (B.Com) on the basis of scores of the last qualifying examination followed by the counseling process. The registration process for the course has not yet started for this session.
No, admission to BMS course is completely merit-based. You can check out more on it at NMCCE Mumbai BMS Course.
The application release date for 2023-24 admission is not released yet.