Planning to pursue Commerce in Mumbai? With 28 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.
Mumbai's Commerce landscape includes top government institutes like KES Shroff College of Arts and Commerce, along with leading private universities such as Shri Chinai College of Commerce and Economics. 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 Mumbai 2026, helping you compare colleges based on fees, placements, courses, and admission criteria to shortlist the best options.
Overview of Commerce Colleges in Mumbai
Mumbai 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 Mumbai | 28 |
| Government Colleges | 7 |
| Private Colleges | 20 |
| Popular Courses | Bachelor of Commerce (B.Com.), B.Com. in Accounting and Finance, B.Com. in Financial Markets, Master of Commerce (M.Com.) |
| Top Exams Accepted | — |
| Average Fees | ₹3 K - ₹21.5 L |
| Average Placement (sample) | ₹5.2 L - ₹6.7 L |
| Top Recruiters | Infosys, HDFC Bank, Wipro, Axis Bank |
Top Commerce Colleges in Mumbai 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.
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, private institutes like Shri Chinai College of Commerce and Economics also feature prominently due to their infrastructure and placement performance.
Government vs Private Commerce Colleges in Mumbai
Commerce colleges in Mumbai 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 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 |
Top Private Commerce Colleges
Top private colleges offer higher seat intake, industry-focused curriculum, and strong infrastructure.
| College | Fees | Total Courses | Popular Course |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹48.5 K | 5 | B.Com. in Financial Markets |
Fee Comparison (Govt vs Private)
| Govt Colleges | Private Colleges | |
| B.Com | ₹72.3 K | ₹11.9 K - ₹48.5 K |
Government colleges are significantly more affordable compared to private institutions.
ROI Analysis
ROI is a key factor for most candidates, calculated based on fees vs placement outcomes.
| College | Fees | Popular Course |
| KES Shroff College of Arts and Commerce | ₹72.3 K | B.Com in Fintech |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹48.5 K | B.Com. in Financial Markets |
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 | Popular Course |
| KES Shroff College of Arts and Commerce | ₹72.3 K | B.Com in Fintech |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹48.5 K | B.Com. in Financial Markets |
Top Commerce Colleges in Mumbai 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 Mumbai, 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 - ₹48.5 K | Commerce | ~3 avg courses (1 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.
Best ROI Commerce Colleges in Mumbai
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 |
| KES Shroff College of Arts and Commerce | ₹72.3 K |
| Shri Chinai College of Commerce and Economics | ₹11.9 K - ₹48.5 K |
Government institutes such as KES Shroff College of Arts and Commerce consistently offer high ROI due to subsidised fees and strong placement records.
Commerce Colleges in Mumbai 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.
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 Mumbai
Commerce colleges in Mumbai 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 Mumbai 2026
Admission to commerce colleges in Mumbai 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 28 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, while leading private colleges include Shri Chinai College of Commerce and Economics.
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 | 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 |
City-wise Commerce Colleges in India
Top cities like Mumbai host a large number of commerce colleges, including both government and private institutions. Leading colleges include KES Shroff College of Arts and Commerce, along with private institutes like Shri Chinai College of Commerce and Economics.
City-wise selection helps candidates choose colleges based on placement opportunities, industry exposure, and proximity to tech hubs.
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 |
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 lead in core and tech branches, while private colleges like Shri Chinai College of Commerce and Economics 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 Mumbai
| 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 |
B.Com. in Accounting and Finance Colleges in Mumbai
| 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 |
B.Com. in Financial Markets Colleges in Mumbai
| 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 |
B.Com in branding and Advertising Colleges in Mumbai
| College | Fees | Total Courses |
| KES Shroff College of Arts and Commerce | ₹72.3 K | 28 Courses |
B.Com. in Certified Management Accounting Colleges in Mumbai
| College | Fees | Total 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 | 20 | 7 |
| Top Colleges | Shri Chinai College of Commerce and Economics | KES Shroff College of Arts and Commerce |
| College distribution % | 74% | 26% |
| Top Courses | B.Com and M.Com | B.Com and M.Com |
| Fees Range | ₹11.9 K - ₹48.5 K | ₹72.3 K |
Top Colleges Comparison Table
| College | Type | Fees |
| KES Shroff College of Arts and Commerce | Government | ₹72.3 K |
| Shri Chinai College of Commerce and Economics | Private | ₹11.9 K - ₹48.5 K |
Frequently Asked Questions (FAQ)
How many commerce colleges are there in Mumbai?
There are over 28 commerce colleges in Mumbai, including government, private, and deemed universities offering UG, PG, and doctoral programs.
Which are the top commerce colleges in Mumbai?
Top commerce colleges in Mumbai include KES Shroff College of Arts and Commerce and Shri Chinai College of Commerce and Economics, based on rankings, placements, and academic reputation.
What exams are required for admission to commerce colleges in Mumbai?
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 Mumbai?
The fee range for commerce colleges in Mumbai is ₹3 K - ₹21.5 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 Mumbai.
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 Mumbai?
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 Mumbai?
Compare colleges by rankings, fees, placements, available courses, location, and the exams they accept to shortlist options that match your goals.
