Tolani College of Commerce, established in 1989 in Andheri East, Mumbai, is a prominent private commerce college affiliated to the University of Mumbai. The college is recognized by the UGC and accredited with a NAAC A++ rating. With a student strength of 3,000+ and an annual intake of approximately 780 students, it offers a range of undergraduate and postgraduate programs including B.Com, BMS, BAF, BFM, BBI, B.Sc. IT, and M.Com. Tolani College of Commerce is known for its inclusive admission policy, minority (Sindhi) status, and focus on employability-oriented courses.
Tolani College of Commerce Highlights
Founded in 1989, Tolani College of Commerce has grown into a leading commerce institute in Mumbai with over 3,000 students and a diverse faculty. The college is affiliated to the University of Mumbai, recognized by the UGC, and holds a prestigious NAAC A++ accreditation. Its flagship B.Com program is widely sought after, and the campus offers modern facilities and a vibrant academic environment.
Particulars | Details |
Established | 1989 |
Type | Private (Minority - Sindhi) |
Approvals/Accreditations | UGC, NAAC A++ |
Student Intake / Strength | ~3,000+ students; ~780 annual intake |
Faculty | Experienced, dedicated faculty (exact number NA) |
Flagship Program & Fees | B.Com – INR 14,745–67,545 (total fees) |
Entrance Exams | Merit-based (No entrance for UG); University norms for PG |
Official Website |
Tolani College of Commerce Courses & Fees
Tolani College of Commerce offers a variety of undergraduate and postgraduate programs in commerce, management, and information technology. The most popular courses include B.Com, BMS, B.Sc. IT, BAF, BFM, BBI, and M.Com. Fees for these programs typically range from INR 14,745 to INR 67,545 for the entire course, depending on the specialization and level.
Program | Level | Duration | Eligibility | Total Fees |
B.Com (General) | UG | 3 Years | 10+2 (Commerce/Science/Arts) from recognized board | INR 14,745–20,000 |
BMS (Bachelor of Management Studies) | UG | 3 Years | 10+2 with minimum 45% aggregate | INR 20,000–30,000 |
BAF (B.Com in Accounting & Finance) | UG | 3 Years | 10+2 with minimum 45% aggregate | INR 25,000–35,000 |
BFM (B.Com in Financial Markets) | UG | 3 Years | 10+2 with minimum 45% aggregate | INR 25,000–35,000 |
BBI (B.Com in Banking & Insurance) | UG | 3 Years | 10+2 with minimum 45% aggregate | INR 25,000–35,000 |
B.Sc. IT | UG | 3 Years | 10+2 (Science/Maths preferred) | INR 40,000–67,545 |
M.Com | PG | 2 Years | B.Com or equivalent from recognized university | INR 15,000–25,000 |
Tolani College of Commerce Admission Process
Admissions at Tolani College of Commerce are primarily merit-based for undergraduate programs, with preference given to Sindhi minority candidates for 50% of seats. The application process typically opens in May–June each year. Postgraduate admissions follow University of Mumbai norms, generally based on merit in qualifying examinations.
Application Window: May–June (for most UG/PG programs)
Entrance Exams (if any): Not required for UG; PG as per University of Mumbai
Selection Stages (GD/PI/WAT/etc.): Not applicable for most programs
Step | Details | Indicative Timeline | Documents |
Online Registration | Fill application form on college website | May–June | 10th & 12th Marksheet, ID Proof |
Merit List Publication | Shortlisting based on 10+2 marks | June–July | Application Form, Academic Certificates |
Document Verification | Physical verification at campus | July | Original Certificates, Caste/Minority Certificate (if applicable) |
Fee Payment & Admission Confirmation | Pay fees to confirm seat | July | Fee Receipt |
Tolani College of Commerce Scholarships
Tolani College of Commerce offers several scholarships and financial assistance schemes for meritorious, minority, and economically weaker students. Special subsidies and scholarships are available for girl students and Sindhi minority candidates. Government scholarships and freeships are also accessible as per eligibility.
Scholarship | Eligibility | Benefit | How to Apply |
Sindhi Minority Scholarship | Sindhi community students | Fee concession/subsidy | Apply during admission with minority certificate |
Government of Maharashtra Scholarships | Reserved category/EWS students | Tuition fee waiver/financial aid | Apply through MahaDBT portal |
Girl Student Subsidy | Female students | Partial fee subsidy | Apply at college office |
Merit Scholarships | High academic performance | Cash awards/certificates | Automatic/Apply as notified |
Tolani College of Commerce Campus & Facilities
The Tolani College of Commerce campus in Andheri East is equipped with modern amenities, supporting academic and co-curricular growth. Facilities include a large library, digital resources, computer labs, seminar halls, and a gymkhana. The campus is accessible via public transport and offers a safe, vibrant environment for students.
Library / Digital Resources: Well-stocked library, e-resources, reading room
Labs / Research Centres / Special Equipment: Computer labs, IT infrastructure
Classrooms / Seminar Halls / Auditoriums: Spacious lecture halls, auditorium, seminar rooms
Hostel / Dining: Hostel facility (limited), canteen available
Sports / Gym / Grounds: Gymkhana, indoor/outdoor sports, rifle range
Connectivity / Transport: Located in Andheri East, accessible by Mumbai local trains, buses
Tolani College of Commerce Placements
Tolani College of Commerce has an active placement cell facilitating internships and job opportunities for final-year students. Top recruiters include leading banks, financial institutions, and corporates. The highest package offered in recent years is around INR 6–7 LPA, with the average package in the range of INR 3–4 LPA.
Year | Highest Package | Average Package | Median Package | Top Recruiters |
2024 | INR 6–7 LPA | INR 3–4 LPA | INR 3 LPA | ICICI Bank, HDFC Bank, Deloitte, TCS, Capgemini |
2023 | INR 6 LPA | INR 3 LPA | INR 2.8 LPA | KPMG, EY, Kotak Mahindra, Infosys |
Tolani College of Commerce Notable Alumni
Tolani College of Commerce alumni have excelled in various fields including business, finance, and entrepreneurship. The college’s alumni network is active in supporting current students and fostering industry connections.
Name | Role / Achievement |
Dr. N.P. Tolani | Founder, Philanthropist, Senior Professor at Cornell University |


