Content Curator | Updated on - Mar 27, 2026

The Bachelor of Commerce (B.Com) in Accounting and Finance at Lala Lajpat Rai College of Commerce and Economics is a specialized 3-year undergraduate program designed to develop professionals with expertise in financial accounting, auditing, taxation, and financial management. This program covers advanced topics including financial accounting, cost accounting, auditing, taxation, and financial analysis. Designed under the National Education Policy 2020 framework, the curriculum emphasizes practical knowledge and industry-relevant skills required for careers in accounting and finance. The program prepares students for roles as chartered accountants, financial analysts, auditors, and tax consultants. The course is offered in full-time on-campus mode with an annual fee of approximately 36,500 per year, totaling around 1,09,500 for the complete 3-year program.

Admissions for the B.Com (Accounting and Finance) program at Lala Lajpat Rai College are currently open for the 2026-27 academic year. The college follows merit-based admission criteria with a total intake capacity of 120 seats. Applications are accepted online through the college website starting from May 2026, with the application deadline typically in June 2026. Merit lists are published in June-July 2026, followed by counselling and seat allocation in July 2026. Classes are scheduled to commence in August 2026. Students must have passed 10+2 (Higher Secondary Certificate) with a minimum of 45% marks in aggregate (40% for reserved category) from any recognized board. For the latest admission schedule and registration details, students should visit the official college website or contact the admissions office at 022-23548240.

Key Points

Specialized curriculum in accounting and financial management
Emphasis on practical accounting skills and financial analysis
Strong faculty with accounting and finance expertise
Placement assistance with leading accounting firms and financial institutions
Access to modern accounting software and financial tools
Focus on professional certifications like CA and CMA

Official Link:

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Highlights
Fees
Admission
Scholarships
FAQs

Lala Lajpat Rai College B.Com (A&F) Fees

The Bachelor of Commerce (Accounting and Finance) program is a specialized undergraduate offering at Lala Lajpat Rai College. The annual tuition fee is 36,500, making the total program cost approximately 1,09,500 for three years. This fee includes instruction, course materials, access to college facilities, and placement support. The fee structure is designed to be competitive with other quality accounting programs in Mumbai. Students should note that additional charges may apply for field trips, industry visits, and optional add-on courses.

Fee Breakdown

Fee Component	Year 1	Year 2	Year 3	Total
Tuition Fee	37,500	36,500	25,500	99,500
Total Fees	37,500	36,500	25,500	99,500

Fees are subject to change as per University of Mumbai guidelines.
Refund policy follows the college's standard procedures.
Payment can be made in installments.
Eligible students may apply for scholarships and financial aid through the college's financial aid office.

Lala Lajpat Rai College B.Com (A&F) Admission 2026

Important Dates

Event	Expected Date
Application Window Opens	May 2026
Application Deadline	June 2026
Merit List Publication	June-July 2026
Counselling and Seat Allocation	July 2026
Class Commencement	August 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Passed 10+2 (Higher Secondary Certificate) from any recognized board
Minimum 45% marks in aggregate (40% for reserved category)
Valid admission form and supporting documents

Admission Process

Fill online application form on the college website
Submit required documents (10+2 mark sheet, transfer certificate, migration certificate if applicable)
Participate in merit-based selection
Attend counselling session
Complete fee payment and registration

The admission process for the B.Com (Accounting and Finance) program is merit-based and transparent. Eligible candidates must have completed their 10+2 education from any recognized board with a minimum of 45% marks in aggregate (40% for reserved category). The college accepts applications online through its official website. Candidates are selected based on their 10+2 marks, and merit lists are published in June-July 2026. Counselling sessions are conducted to help students understand the program structure, career prospects, and college facilities before final seat allocation.

Lala Lajpat Rai College of Commerce and Economics Mumbai: Students' Opinion

AI-Generated Summary based on 4 Reviews

Lala Lajpatrai College offers a supportive academic environment with a favorable faculty-to-student ratio of 1:30–40, allowing for personalized attention and guidance. The college actively promotes placements through its entrepreneur cell, conducting workshops and seminars to enhance students' skills. Renowned companies are invited for placement opportunities, although some students show a lack of engagement. In terms of affordability, the college's fees are quite reasonable. For 11th and 12th grades, fees are approximately 800 INR annually.

Post-12th, fees vary: B.Com costs 6,000 INR per year, BAF is 20,000 INR annually, and BBI totals around 39,000 INR for the entire course. Installment options are available to ease financial burden, and SC/ST students benefit from significant fee concessions, reducing costs to between 500 and 1,500 INR annually. Scholarships, such as the Government of Maharashtra Post-Matric Scholarship and Merit-Cum-Means, further aid students financially. Specialized programs like the company secretary course have higher tuition fees of 45,000 INR, with an additional 20,000 INR for registration.

Overall, the college fosters career advancement through active participation in placements and internships.

By Collegedunia’s Personal AI

Lala Lajpat Rai College B.Com (A&F) Scholarships 2026

Lala Lajpat Rai College offers merit-based scholarships and financial assistance to deserving students in the B.Com (Accounting and Finance) program. The college recognizes academic excellence and provides support to students from economically weaker sections. Eligible students can apply for scholarships through the college's financial aid office. The scholarship amount and eligibility criteria are determined based on the student's academic performance and financial need.

Available Scholarships

Scholarship Type	Eligibility	Amount	Application Deadline
Merit Scholarship	75% and above in 10+2	Up to 50% fee waiver	June 2026
Need-Based Scholarship	Economically weaker sections	Up to 100% fee waiver	June 2026
Minority Scholarship	Punjabi Linguistic Minority students	As per college policy	June 2026

Scholarship amounts are subject to availability of funds.
Students must maintain minimum academic performance to retain scholarships.
Application forms are available at the college office and on the website.

Lala Lajpat Rai College B.Com (A&F) FAQs

Ques. What are the career prospects after completing the B.Com (Accounting and Finance) program?

Ans. Graduates can pursue careers as chartered accountants, financial analysts, auditors, tax consultants, and financial managers. Many graduates work with accounting firms, banks, and multinational companies. The program also prepares students for professional certifications like CA and CMA.

Ques. Is this program recognized by professional accounting bodies?

Ans. Yes, the B.Com (Accounting and Finance) program is recognized by the University of Mumbai and designed under the National Education Policy 2020. The curriculum is developed in consultation with accounting professionals to ensure relevance and recognition in the job market.

Ques. Are there internship opportunities during the program?

Ans. Yes, the program includes internships with accounting firms and financial institutions. Students gain practical experience in accounting practices, auditing, and financial analysis, helping them develop professional networks and real-world skills.

Ques. What is the placement record for graduates?

Ans. The college has a dedicated placement cell that assists students in securing employment. Many graduates are placed with reputed accounting firms, banks, and multinational companies in finance and accounting roles.

Ques. Can I pursue professional certifications like CA after this program?

Ans. Yes, this program provides a strong foundation for pursuing professional certifications like CA (Chartered Accountant) and CMA (Cost Management Accountant). Many graduates successfully pursue these certifications after completing the B.Com.

Ques. What is the mode of study for this program?

Ans. The B.Com (Accounting and Finance) program is offered in full-time on-campus mode with regular classes, practical sessions, and industry projects. The curriculum emphasizes a blend of theoretical knowledge and practical application through experiential learning methods.

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Why To Join Lala Lajpat Rai College of Commerce and Economics Mumbai - Reviews & Rating

4.3

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4(30%)

3(13%)

2(13%)

1(4%)

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Mrunali Rakesh Bandekar

4.6Helpful

B.Com, Accounting And Finance

Reviewed on Jun 20, 2025(Enrolled 2023)

Balancing Books and Bay Views: Life at Lala Lajpat Rai College

Fees and Financial Aid:

I paid 13,000 each for FY and SY BBI. TY fees are expected to be similar, totaling around 39,000 for the full course under the general category. The fee includes tuition, development, registration, exam, and other compulsory charges. SC/ST students pay much less—around 500 to 1,500 yearly—due to government concessions. Scholarships like the Government of Maharashtra Post-Matric Scholarship and Merit-Cum-Means are available . I am doing company secretary course for which I paid 45000 tution fees and 20000 registration fees.

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Hana Shaikh

3.0Helpful

B.Com, Accounting And Finance

Reviewed on Oct 31, 2024(Enrolled 2021)

My thoughts

Fees and Financial Aid:

I spent five years at Lala Lajpatrai College, and it was a transformative experience. During my junior college, there was a special concession for all girls, which meant our fees were approximately 700-800. When I moved on to my B.Com, the fees were in the range of 7000-8000. I also took advantage of the installment payment option, which made managing my finances much easier.

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Saba Farook kachaliya

5.0Helpful

B.Com, Accounting And Finance

Reviewed on Oct 1, 2024(Enrolled 2018)

My college is the Best

Fees and Financial Aid:

The College Lala Lajpat rai i have studied is too good studies as well as teachers main teachers are really supportive, friendly and always there fr help. Talking about the fees is its really cheap as for 11 th and 12 th ots only 800 rs fr the whole year and after 12 it depends on your course which course u have selected For B.com its 6000 for full year BAF its 20000 For full year it includes every thing not a single penny is required after this amount College also provides scholarships as well as internships and placements are also given btt the students should attend and be coperative

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Sanmeet Kaur Chandhok

4.5

B.Com, Accounting And Finance

Reviewed on Jun 8, 2020

Sanmeet Kaur Chandhok's Review On Lala Lajpat Rai College Of Commerce And Economics, Mumbai

Course Curriculum Overview:

All the courses taught here have Amazing faculties. They try their best to create a friendly Environment with their students to keep them involved in their course learning.Our placement cell brings in companies with Goodwill for interships/job opportunities. Annual field visits to factories, financial institutions,etc are conducted. Naming the best facility is a bit difficult as every Professor has appropriate knowledge in their part of education.

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