Lala Lajpat Rai College of Commerce and Economics Mumbai B.Com Financial Management: Fees 2026, Course Duration, Dates, Eligibility

Haji Ali, MumbaiEstd 1972 Mumbai University, Mumbai NAAC Grade A 3.2
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Content Curator | Updated on - Mar 27, 2026

The Bachelor of Commerce (B.Com) in Financial Management is a three-year undergraduate degree program offered by Lala Lajpat Rai College of Commerce and Economics, affiliated with the University of Mumbai. This specialized course is designed to provide comprehensive knowledge in financial management, corporate finance, investment analysis, and financial planning. The program combines theoretical concepts with practical applications, preparing students for careers in banking, finance, investment management, and corporate finance sectors. With a total intake of 60 seats, the course is offered in full-time on-campus mode at the college's Mahalaxmi campus. The program is popular among students seeking specialized expertise in financial management and aspiring to work with financial institutions, multinational corporations, and investment firms.

Admission Status: Admissions for the 2026-27 academic year are ongoing. The University of Mumbai follows a merit-based admission process for undergraduate courses. Application deadlines and merit list announcements are typically released in June-July 2026. Interested candidates should monitor the college website and University of Mumbai portal for updates on admission schedules, merit lists, and counselling dates. For current year admission details, contact the college at 022-23548240.

Key Points

  • Specialized curriculum focusing on corporate finance, investment analysis, and financial planning
  • Hands-on training in financial modeling, portfolio management, and risk analysis
  • Industry-relevant software training including Excel, Tally, and financial analysis tools
  • Regular guest lectures and seminars by finance professionals and industry experts
  • Strong placement record with leading financial institutions and multinational corporations
  • Opportunity to pursue professional certifications like CFA, CA, or ICWA alongside the degree

Lala Lajpat Rai B.Com Fees

The B.Com (Financial Management) program is a three-year self-financed course with a total fee of 99,500. The fees are structured across three years, with the first year being the highest at 37,500, followed by 36,500 in the second year, and 25,500 in the third year. This fee structure covers tuition, instructional materials, laboratory access, and college facilities. The fees are designed to be competitive while maintaining the quality of education and infrastructure provided by the institution.

Fee Structure

Fee ComponentFirst YearSecond YearThird YearTotal
Tuition Fee37,50036,50025,50099,500
Total Fees37,50036,50025,50099,500
  • Fees are payable annually at the beginning of each academic year.
  • Payment can be made in installments as per college norms.
  • No additional charges for library, laboratory, or sports facilities are levied separately.
  • Refund policy follows University of Mumbai guidelines for admission cancellations.

Lala Lajpat Rai B.Com Admission 2026

The B.Com (Financial Management) program follows the University of Mumbai's admission guidelines for undergraduate courses. Admissions are merit-based, with candidates ranked according to their 12th standard marks. The admission process typically begins in June and concludes by August each year. Interested candidates must apply through the University of Mumbai's centralized admission portal and participate in the merit list-based counselling process.

Important Dates

Admission TimelineDetails
Application PeriodJune 2026
Merit List ReleaseJune-July 2026
Counselling DatesJuly-August 2026
Batch Start DateAugust 2026
Seat Intake60 students

The dates mentioned above are tentative and subject to change.

Eligibility Criteria:

  • Passed the 12th standard (HSC) examination from the Maharashtra State Board or equivalent board
  • Minimum aggregate marks: 45% for open category, 40% for reserved category
  • Must have studied Commerce stream in 12th standard
  • Valid score in the merit-based selection process

Admission Process:

  • Register on the University of Mumbai centralized admission portal
  • Fill the application form with required personal and educational details
  • Upload scanned copies of 12th mark sheet, passing certificate, and other required documents
  • Participate in merit list-based counselling as per University schedule
  • Report to the college with original documents for final admission
  • Complete fee payment and obtain admission confirmation
  • Attend orientation and register for courses

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

AI-Generated Summary based on 1 Reviews

Admission to the college is determined by 12th-grade percentages and various merit lists. The college does not provide extracurricular activities or have a sports ground, but it offers additional programs like GST and digital marketing along with the regular degree curriculum. The quality of faculty varies by subject. The annual fee is approximately Rs 20,000, totaling about Rs 60,000 for the entire graduation period, with minimal variation across different courses. Classroom air conditioning contributes to slightly higher fees compared to other institutions.

While fees are generally manageable, they could be expensive for students from economically weaker backgrounds. The college does not offer placements. Scholarships are available for students from backward classes and are awarded based on the student's or their parents' income level. General category students may not qualify for these scholarships unless they meet the income criteria.

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Lala Lajpat Rai B.Com Scholarships 2026

Lala Lajpat Rai College offers merit-based scholarships and financial assistance to deserving students. The college also facilitates access to various government and private scholarships available for undergraduate students. Students can apply for scholarships based on academic merit, financial need, and other criteria as per college and government guidelines.

Scholarship Details

Scholarship TypeEligibilityAmountApplication Deadline
Merit ScholarshipTop 10% students in entrance examUp to 50% fee waiverJuly 2026
Financial AssistanceStudents from economically weaker sectionsAs per college normsAugust 2026
Government ScholarshipsAs per government criteriaVariesAs per government notification
  • Scholarship amounts and eligibility criteria may vary each year.
  • Students must maintain minimum academic performance to retain scholarships.
  • Application forms are available at the college office and on the college website.

Lala Lajpat Rai B.Com Placement 2026

The B.Com (Financial Management) program has a strong placement record with students securing positions in leading financial institutions, banks, investment firms, and multinational corporations. The college's dedicated placement cell works closely with industry partners to facilitate internships and job placements. Graduates have been placed in roles such as Financial Analyst, Investment Manager, Credit Analyst, and Corporate Finance Executive with competitive salary packages.

Placement Statistics

Placement MetricsDetails
Average Package4-6 LPA
Highest Package12+ LPA
Placement Rate85-90%
Top RecruitersICICI Bank, HDFC Bank, Axis Bank, Goldman Sachs, Deloitte, EY, KPMG
Job RolesFinancial Analyst, Investment Manager, Credit Analyst, Risk Manager

Lala Lajpat Rai B.Com FAQs

Ques. What is the duration of the B.Com (Financial Management) program?

Ans. The program is a three-year full-time undergraduate course, typically spanning from August to May each academic year. Students complete six semesters with a mix of theory and practical components.

Ques. What are the career prospects after completing this degree?

Ans. Graduates can pursue careers as Financial Analysts, Investment Managers, Credit Analysts, Risk Managers, Corporate Finance Executives, and Financial Consultants. Many also pursue professional certifications like CFA, CA, or ICWA for career advancement.

Ques. Is internship mandatory during the course?

Ans. Yes, internships are an integral part of the curriculum. Students typically complete internships during summer breaks and as part of their coursework, gaining practical experience in financial institutions and corporate finance departments.

Ques. What subjects are covered in the B.Com (Financial Management) program?

Ans. The curriculum includes Financial Accounting, Corporate Finance, Investment Analysis, Portfolio Management, Risk Management, Financial Markets, Taxation, Auditing, Business Law, and specialized electives in financial management.

Ques. Can I pursue higher studies after this degree?

Ans. Yes, graduates can pursue postgraduate programs like M.Com, MBA Finance, or professional certifications. Many students also opt for specialized finance courses or pursue CA/ICWA qualifications.

Ques. What is the placement scenario for B.Com (Financial Management) graduates?

Ans. The program has a strong placement record with 85-90% of students securing positions in leading financial institutions, banks, and multinational corporations. Average packages range from 4-6 LPA, with top performers earning 12+ LPA.

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Reviewed on Apr 28, 2020(Enrolled 2017)

Fees and Financial Aid:

Scholarship are given to the backward class people. Since I belong to general category I had not received any scholarship. Scholarship is also given depending on the income of student or his or her parents.
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