Planning to pursue Commerce in Maharashtra? With 128 Commerce colleges offering B.Com, M.Com, B.Com (Hons), and CA, choosing the right college depends on key factors such as rankings, fees, placements, and entrance exams accepted.
Maharashtra's Commerce landscape includes top government institutes like KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce, along with leading private universities such as ICCS, Marathwada Mitra Mandal's College of Commerce (MMCC), and D Y Patil University School Of Arts and Commerce. Admissions are conducted through exams like national entrance exams, depending on the course and institution.
This page provides a complete list of Commerce colleges in Maharashtra 2026, helping you compare colleges based on fees, placements, courses, and admission criteria to shortlist the best options.
Overview of Commerce Colleges in Maharashtra
Maharashtra has a diverse mix of commerce colleges across government, private, and deemed categories, offering programs in core and emerging fields. These colleges vary in terms of fee structure, admission process, and placement outcomes, making comparison essential for informed decision-making.
Admissions to most top colleges are based on national-level exams like national entrance exams, while state and private colleges accept CETs and institute-level entrance exams.
Key Highlights
| Particulars | Data |
| Total Commerce Colleges in Maharashtra | 128 |
| Government Colleges | 28 |
| Private Colleges | 98 |
| Popular Courses | Bachelor of Commerce (B.Com.), Master of Commerce (M.Com.), B.Com. in Accounting and Finance, B.Com. in Financial Markets |
| Top Exams Accepted | — |
| Average Fees | ₹2 K - ₹22 L |
| Average Placement (sample) | ₹2.5 L - ₹12 L |
| Top Recruiters | Infosys, Wipro, TCS, CapGemini |
Top Commerce Colleges in Maharashtra 2026 (Rankings)
Commerce college rankings are based on parameters such as academic reputation, faculty quality, research output, placements, and infrastructure. Rankings from sources like NIRF, India Today, and The Week are widely used by students to shortlist top colleges.
Top Commerce Colleges by India Today Ranking
India Today rankings are based on factors such as student quality, placement performance, infrastructure, and faculty strength.
| College | 2025 |
| ICCS | #85 |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | #108 |
These rankings highlight institutions with strong academic performance and placement outcomes for Commerce aspirants.
Top Commerce Colleges by The Week Ranking
The Week rankings consider parameters such as academic excellence, infrastructure, faculty, and industry exposure, and also include top private colleges.
| College | 2025 |
| HR College | #20 |
Along with KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce, private institutes like ICCS, Marathwada Mitra Mandal's College of Commerce (MMCC), and D Y Patil University School Of Arts and Commerce also feature prominently due to their infrastructure and placement performance.
Government vs Private Commerce Colleges in Maharashtra
Commerce colleges in Maharashtra are broadly divided into government and private institutions, with key differences in fees, placements, admission process, and ROI. Government colleges are generally more competitive with lower fees, while private colleges offer higher seat availability and modern infrastructure.
Top Government Commerce Colleges
Government institutes such as KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce are known for high ROI, strong placements, and national-level competition.
| College | Fees | Total Courses | Popular Course |
| KES Shroff College of Arts and Commerce | ₹72.3 K | 28 | B.Com in Fintech |
| Bhikusa Yamasa Kshatriya College Of Commerce | — | 3 | Ph.D. in Commerce |
Top Private Commerce Colleges
Top private colleges offer higher seat intake, industry-focused curriculum, and strong infrastructure.
| College | Fees | Median Salary | Total Courses | Popular Course |
| ICCS | ₹40 K - ₹90 K | ₹3.3 L | 14 | M.Sc. in Computer Science |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | ₹46.6 K - ₹48.1 K | — | 12 | bachelor-of-business-administration-bba |
| D Y Patil University School Of Arts and Commerce | ₹5.4 L - ₹8.4 L | ₹7 L | 3 | Bachelor of Commerce (B.Com.) |
| BMCC Pune | — | — | 14 | bachelor-of-business-administration-bba |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹48.5 K | — | 5 | B.Com. in Financial Markets |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | — | 12 | Master of Commerce (M.Com.) |
Fee Comparison (Govt vs Private)
| Govt Colleges | Private Colleges | |
| B.Com | ₹72.3 K | ₹11.9 K - ₹8.4 L |
| M.Com | — | ₹40 K - ₹5.4 L |
Government colleges are significantly more affordable compared to private institutions.
Placement Comparison
| Private Colleges | |
| Highest Package | ₹11 L |
| Average Package | ₹7 L |
| Median Package | ₹7 L |
Government colleges generally have stronger placement outcomes, especially in KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce.
ROI Analysis
ROI is a key factor for most candidates, calculated based on fees vs placement outcomes.
| College | Fees | Median Salary | Popular Course | ROI Insight |
| KES Shroff College of Arts and Commerce | ₹72.3 K | — | B.Com in Fintech | — |
| ICCS | ₹40 K - ₹90 K | ₹3.3 L | M.Sc. in Computer Science | High ROI |
| Bhikusa Yamasa Kshatriya College Of Commerce | — | — | Ph.D. in Commerce | — |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | ₹46.6 K - ₹48.1 K | — | bachelor-of-business-administration-bba | — |
| D Y Patil University School Of Arts and Commerce | ₹5.4 L - ₹8.4 L | ₹7 L | Bachelor of Commerce (B.Com.) | Medium ROI |
| BMCC Pune | — | — | bachelor-of-business-administration-bba | — |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹48.5 K | — | B.Com. in Financial Markets | — |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | — | Master of Commerce (M.Com.) | — |
Government colleges offer higher ROI due to lower fees and strong placements, while private colleges provide better infrastructure, flexibility, and more seat availability.
From a decision-making perspective, candidates targeting top ranks and ROI should prioritise government colleges, while those looking for backup options and infrastructure can consider top private commerce institutes.
Govt and Private
| College | Fees | Median Salary | Popular Course | ROI |
| KES Shroff College of Arts and Commerce | ₹72.3 K | — | B.Com in Fintech | — |
| ICCS | ₹40 K - ₹90 K | ₹3.3 L | M.Sc. in Computer Science | 508% |
| Bhikusa Yamasa Kshatriya College Of Commerce | — | — | Ph.D. in Commerce | — |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | ₹46.6 K - ₹48.1 K | — | bachelor-of-business-administration-bba | — |
| D Y Patil University School Of Arts and Commerce | ₹5.4 L - ₹8.4 L | ₹7 L | Bachelor of Commerce (B.Com.) | 101% |
| BMCC Pune | — | — | bachelor-of-business-administration-bba | — |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹48.5 K | — | B.Com. in Financial Markets | — |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | — | Master of Commerce (M.Com.) | — |
Top Commerce Colleges in Maharashtra by Fees
Fees is a key parameter while shortlisting commerce colleges, as it directly impacts the overall cost of education and return on investment (ROI). In Maharashtra, commerce college fees vary significantly based on the type of institution—government colleges are more affordable, while private universities have higher fee structures due to infrastructure and facilities.
Low Fee Commerce Colleges (Below ₹1 L)
Low-fee commerce colleges are primarily state government institutions and central universities, offering Commerce programs at subsidised costs. Admissions are usually based on state-level entrance exams together with national and state-level entrance exams (where applicable).
| College Type | Fees | Popular Course | Total Courses |
| Private | ₹11.9 K - ₹90 K | Commerce | ~3 avg courses (4 colleges) |
| Public/Government | ₹72.3 K | Commerce | ~10 avg courses (1 colleges) |
These colleges are suitable for candidates looking for affordable commerce education with reasonable placement opportunities, especially in core sectors and government roles.
Mid-Range Commerce Colleges (₹1 L - ₹10 L)
Mid-range colleges include D Y Patil University School Of Arts and Commerce, offering a balance between fees, academic quality, and placement outcomes.
| College Type | Fees | Popular Course | Total Courses |
| Private | ₹5.4 L - ₹8.4 L | Commerce | ~2 avg courses (1 colleges) |
These institutes provide strong ROI, with moderate fees and competitive placement packages, making them a preferred choice for many aspirants.
Best ROI Commerce Colleges in Maharashtra
Return on Investment (ROI) is a key factor while selecting commerce colleges, as it compares the total cost of education with placement outcomes. Colleges with lower fees and higher salary packages offer better long-term value.
ROI Comparison Across Top Colleges
| College | Average Fees | Average Salary |
| ICCS | ₹40 K - ₹90 K | ₹3.3 L |
| D Y Patil University School Of Arts and Commerce | ₹5.4 L - ₹8.4 L | ₹7 L |
| KES Shroff College of Arts and Commerce | ₹72.3 K | — |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | ₹46.6 K - ₹48.1 K | — |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹48.5 K | — |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | — |
Government institutes such as KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce consistently offer high ROI due to subsidised fees and strong placement records.
Commerce Colleges in Maharashtra with Best Placements
Placements are a critical parameter in evaluating commerce colleges, as they reflect career opportunities, industry exposure, and earning potential. Top colleges in India maintain strong placement records across technology, consulting, and core sectors.
Colleges with Highest Placement Packages
Top commerce institutes, especially D Y Patil University School Of Arts and Commerce and ICCS, report some of the highest placement packages in India.
| College | Highest Package |
| D Y Patil University School Of Arts and Commerce | ₹11 L |
| ICCS | ₹5.5 L |
These offers are typically made by international recruiters and top product-based companies.
Colleges with Best Average Salary
Average salary provides a more realistic view of placement outcomes across the student cohort.
| College | Average Salary |
| D Y Patil University School Of Arts and Commerce | ₹7 L |
| ICCS | ₹3.3 L |
Colleges with higher average salaries generally indicate strong industry connections, better training, and higher-quality recruiters.
Top Recruiters Hiring Commerce Professionals
Leading companies regularly recruit from top commerce colleges in India across domains such as software, consulting, analytics, and core commerce:
- ACCENTURE
- CapGemini
- Deloitte
- Ernst & Young
- Grant Thornton
Popular Commerce Courses in Maharashtra
Commerce colleges in Maharashtra offer a wide range of specialisations, with demand driven by placement trends, industry requirements, and long-term career growth. Among these, certain branches consistently attract higher enrolment due to better salary outcomes and job opportunities.
Bachelor of Commerce (B.Com.)
- Average Salary (Top Colleges): ₹3.3 L - ₹7 L
- Top Recruiters: Wipro, CapGemini, Accenture, Cognizant
| Course | Duration | Fees | Colleges | Mode | Level |
| Bachelor of Commerce (B.Com.) | 3–4 Years | ₹11.9 K - ₹8.4 L | 24+ | Full-time | UG/PG |
Master of Commerce (M.Com.)
- Average Salary (Top Colleges): ₹2.5 L - ₹8.6 L
- Top Recruiters: CapGemini, Infosys, Wipro, Accenture
| Course | Duration | Fees | Colleges | Mode | Level |
| Master of Commerce (M.Com.) | 2–3 Years | ₹40 K - ₹5.4 L | 15+ | Full-time | UG/PG |
Bachelor of Commerce (B.Com. Hons.)
- Average Salary (Top Colleges): ₹2.6 L - ₹13.7 L
- Top Recruiters: Deloitte, Cognizant, Genpact, Wipro
| Course | Duration | Fees | Colleges | Mode | Level |
| Bachelor of Commerce (B.Com. Hons.) | 3–5 Years | ₹87.7 K - ₹8.1 L | 10+ | Full-time | UG/PG |
Commerce Admission Process in Maharashtra 2026
Admission to commerce colleges in Maharashtra follows a structured process based on entrance exams, result evaluation, and centralised or institute-level counselling. Candidates can apply through national, state, or college-level exams, depending on their target institutions and courses.
Counselling Process
After qualifying entrance exams, candidates must participate in counselling for seat allocation based on rank, preferences, and availability.
The counselling process includes choice filling, seat allotment, document verification, and final admission confirmation.
State-wise Commerce Colleges in India
India has 128 commerce colleges distributed across states like Maharashtra, with a mix of government and private institutions. Top government colleges include KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce, while leading private colleges include ICCS and Marathwada Mitra Mandal's College of Commerce (MMCC).
State-wise distribution helps candidates shortlist colleges based on location preference, fees, and admission through state-level exams like state-level exams.
Commerce Colleges in Maharashtra
| College | Fees | Median Salary | Total Courses | Ranking |
| KES Shroff College of Arts and Commerce | ₹72.3 K | — | 28 Courses | — |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | ₹3.6 K - ₹1.5 L | ₹2 L - ₹3 L | 12 Courses | IndiaToday #108 |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹49.5 K | — | 5 Courses | — |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | — | 12 Courses | — |
| Bhikusa Yamasa Kshatriya College Of Commerce | — | — | 3 Courses | — |
| BMCC Pune | ₹5 K - ₹1.6 L | — | 14 Courses | — |
| ICCS | ₹40 K - ₹1.8 L | ₹3 L - ₹5.2 L | 14 Courses | IndiaToday #69 |
| D Y Patil University School Of Arts and Commerce | ₹5.4 L - ₹8.4 L | ₹7 L | 3 Courses | — |
City-wise Commerce Colleges in India
Top cities like Pune, Mumbai, Nashik, Navi Mumbai, and Thane host a large number of commerce colleges, including both government and private institutions. Leading colleges include KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce, along with private institutes like ICCS, Marathwada Mitra Mandal's College of Commerce (MMCC), and D Y Patil University School Of Arts and Commerce.
City-wise selection helps candidates choose colleges based on placement opportunities, industry exposure, and proximity to tech hubs.
Commerce Colleges in Pune
| College | Fees | Median Salary | Total Courses | Ranking |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | ₹3.6 K - ₹1.5 L | ₹2 L - ₹3 L | 12 Courses | IndiaToday #108 |
| BMCC Pune | ₹5 K - ₹1.6 L | — | 14 Courses | — |
| ICCS | ₹40 K - ₹1.8 L | ₹3 L - ₹5.2 L | 14 Courses | IndiaToday #69 |
Commerce Colleges in Mumbai
| College | Fees | Total Courses |
| KES Shroff College of Arts and Commerce | ₹72.3 K | 28 Courses |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹49.5 K | 5 Courses |
Commerce Colleges in Nashik
| College | Total Courses |
| Bhikusa Yamasa Kshatriya College Of Commerce | 3 Courses |
Commerce Colleges in Navi Mumbai
| College | Fees | Median Salary | Total Courses |
| D Y Patil University School Of Arts and Commerce | ₹5.4 L - ₹8.4 L | ₹7 L | 3 Courses |
Commerce Colleges in Thane
| College | Fees | Total Courses |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | 12 Courses |
Course wise Commerce Colleges in India
Commerce colleges in India offer admissions across popular branches and emerging fields. KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce lead in core and tech branches, while private colleges like ICCS, Marathwada Mitra Mandal's College of Commerce (MMCC), and D Y Patil University School Of Arts and Commerce offer a wide range of specialisations.
Course-wise selection helps candidates choose colleges based on branch preference, placement trends, and career opportunities.
Bachelor of Commerce (B.Com.) Colleges in Maharashtra
| College | Fees | Median Salary | Total Courses | Ranking |
| ICCS | ₹40 K - ₹1.8 L | ₹3 L - ₹5.2 L | 14 Courses | IndiaToday #69 |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | ₹3.6 K - ₹1.5 L | ₹2 L - ₹3 L | 12 Courses | IndiaToday #108 |
| D Y Patil University School Of Arts and Commerce | ₹5.4 L - ₹8.4 L | ₹7 L | 3 Courses | — |
| BMCC Pune | ₹5 K - ₹1.6 L | — | 14 Courses | — |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹49.5 K | — | 5 Courses | — |
| Bhikusa Yamasa Kshatriya College Of Commerce | — | — | 3 Courses | — |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | — | 12 Courses | — |
| KES Shroff College of Arts and Commerce | ₹72.3 K | — | 28 Courses | — |
Master of Commerce (M.Com.) Colleges in Maharashtra
| College | Fees | Median Salary | Total Courses | Ranking |
| ICCS | ₹40 K - ₹1.8 L | ₹3 L - ₹5.2 L | 14 Courses | IndiaToday #69 |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | ₹3.6 K - ₹1.5 L | ₹2 L - ₹3 L | 12 Courses | IndiaToday #108 |
| D Y Patil University School Of Arts and Commerce | ₹5.4 L - ₹8.4 L | ₹7 L | 3 Courses | — |
| BMCC Pune | ₹5 K - ₹1.6 L | — | 14 Courses | — |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | — | 12 Courses | — |
| Bhikusa Yamasa Kshatriya College Of Commerce | — | — | 3 Courses | — |
B.Com. in Financial Markets Colleges in Maharashtra
| College | Fees | Median Salary | Total Courses | Ranking |
| ICCS | ₹40 K - ₹1.8 L | ₹3 L - ₹5.2 L | 14 Courses | IndiaToday #69 |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹49.5 K | — | 5 Courses | — |
| KES Shroff College of Arts and Commerce | ₹72.3 K | — | 28 Courses | — |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | — | 12 Courses | — |
B.Com. in Accounting and Finance Colleges in Maharashtra
| College | Fees | Total Courses |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹49.5 K | 5 Courses |
| KES Shroff College of Arts and Commerce | ₹72.3 K | 28 Courses |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | ₹15.3 K | 12 Courses |
B.Com in Fintech Colleges in Maharashtra
| College | Fees | Total Courses |
| BMCC Pune | ₹5 K - ₹1.6 L | 14 Courses |
| KES Shroff College of Arts and Commerce | ₹72.3 K | 28 Courses |
Comparison of Top Commerce Colleges
Comparing top commerce colleges helps candidates evaluate options based on fees, placements, rankings, infrastructure, and ROI. Government colleges like IITs, NITs, and IIITs offer lower fees and higher ROI, while private colleges such as BITS, VIT, and SRM provide better infrastructure and higher seat availability.
A structured comparison allows candidates to shortlist colleges based on their budget, rank, preferred course, and career goals, ensuring better decision-making during admission.
Private vs Government Comparison
| Private | Government | |
| Total Colleges | 98 | 28 |
| Top Colleges | ICCS, Marathwada Mitra Mandal's College of Commerce (MMCC), and D Y Patil University School Of Arts and Commerce | KES Shroff College of Arts and Commerce and Bhikusa Yamasa Kshatriya College Of Commerce |
| College distribution % | 78% | 22% |
| Top Courses | B.Com and M.Com | B.Com and M.Com |
| Fees Range | ₹11.9 K - ₹8.4 L | ₹72.3 K |
| Highest Salary | ₹5.5 L - ₹11 L | — |
| Median Salary | ₹3.3 L - ₹7 L | — |
| Average Salary | ₹3.3 L - ₹7 L | — |
Top Colleges Comparison Table
| College | Type | Fees | Average Salary | Median Salary | Highest Salary |
| KES Shroff College of Arts and Commerce | Government | ₹72.3 K | — | — | — |
| Bhikusa Yamasa Kshatriya College Of Commerce | Government | — | — | — | — |
| ICCS | Private | ₹40 K - ₹90 K | ₹3.3 L | ₹3.3 L | ₹5.5 L |
| Marathwada Mitra Mandal's College of Commerce (MMCC) | Private | ₹46.6 K - ₹48.1 K | — | — | — |
| D Y Patil University School Of Arts and Commerce | Private | ₹5.4 L - ₹8.4 L | ₹7 L | ₹7 L | ₹11 L |
| BMCC Pune | Private | — | — | — | — |
| Shri Chinai College of Commerce and Economics | Private | ₹11.9 K - ₹48.5 K | — | — | — |
| Shri Shankar Narayan Education Trust's College of Arts Commerce | Private | ₹15.3 K | — | — | — |
Frequently Asked Questions (FAQ)
How many commerce colleges are there in Maharashtra?
There are over 128 commerce colleges in Maharashtra, including government, private, and deemed universities offering UG, PG, and doctoral programs.
Which are the top commerce colleges in Maharashtra?
Top commerce colleges in Maharashtra include KES Shroff College of Arts and Commerce, Bhikusa Yamasa Kshatriya College Of Commerce, ICCS, Marathwada Mitra Mandal's College of Commerce (MMCC), D Y Patil University School Of Arts and Commerce, and BMCC Pune, based on rankings, placements, and academic reputation.
What exams are required for admission to commerce colleges in Maharashtra?
Admission is mainly through exams like popular entrance exams, along with other institute-specific and state-level entrance tests depending on the course and college.
What is the average fee for commerce colleges in Maharashtra?
The fee range for commerce colleges in Maharashtra is ₹2 K - ₹22 L.
Which commerce colleges have the best placements?
Colleges with strong industry connections, high placement rates, and better salary outcomes typically include top-ranked institutes and leading private universities in Maharashtra.
Which is better: government or private commerce colleges?
Government colleges often offer lower fees and higher ROI, while private colleges may provide better infrastructure and more seat availability. The best choice depends on budget, location, and goals.
What is the admission process for commerce colleges in Maharashtra?
The process generally includes application → entrance exam → result → counselling/selection → seat allotment → admission, depending on the exam and college.
How to choose the best commerce college in Maharashtra?
Compare colleges by rankings, fees, placements, available courses, location, and the exams they accept to shortlist options that match your goals.











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