There are a lot of factors which should be kept in mind while opting for either of the colleges. Some of such factors are mentioned below. 

Attendance- 

• For attendance, HR is way more lenient than NM College. If you have a valid reason for low attendance such as preparation of CR, then you might be exempted. 
• However, this doesn't work in NM college, they are extremely strict about their attendance.

Distance- If you are a resident of Mumbai then you should consider the distance of the college from your home. It is an important factor to consider, and saves a lot of time and money.

Focus area- 

• If your goal is holistic development i.e. curriculum studies plus co-curricular activities, then NM college is the preferred choice. 
• HR is close to NM in this race. But NM provides a wider exposure owing to its central location of the college, surrounded by various other universities.

Let’s take a look at the advantages of all the above-mentioned colleges in a tabular form below.

Community- Often this factor is excluded while selecting a college, but this factor is as important as any of the above-mentioned factors. Although, if you have good people skills, you don’t need to consider it. But if you need a community then, in NM you will be surrounded by Gurjatis and in HR by Sindhis.

Infrastructure- 

• NM College is up-to-date with its infrastructure regardless of the fact that it is one of the oldest and well-known colleges in Mumbai. 
• HR College is outdated, not maintained, in terms of infrastructure.

Cost- If you are not a resident of Mumbai, South Mumbai is expensive in comparison to West Mumbai. 

Thus, keeping the above analysis in mind, NM College is the best out of the four colleges.

There are several options for you in Mumbai for the BMS course. Some of the top colleges are listed below

• University of Mumbai
• Narsee Monjee College of Commerce and Economics
• SIES College of Management Studies
• L.S. Raheja College of Arts and Commerce
• K.J. Somaiya College of Arts and Commerce

Among them, SIES is the best college for BMS, as they have the best infrastructure, academics, campus, hostel facility, placement, and so on

I’ve had the opportunity to visit IIM Kozhikode, IIM Bangalore and IIM Ahmedabad for various competitions. While at these institutes, I interacted with many students. Some of them were from Economics background, and one had even completed her graduation in Philosophy. 

Students from all these backgrounds, including BBS/BMS enjoy the diversity factor. This gives them an upper hand in the selection process over Engineers. But to enjoy this benefit, one must have a good CAT score, and a good academic record.

Prepare well for your CAT, and make sure you have a good academic record. If you fulfill these criteria, you’ll get into IIM Ahmedabad, regardless of your educational background. 

Also, make sure to prepare well for the quant section of CAT. This is where the engineering students outdo the candidates from other academic backgrounds.