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Commerce colleges in Maharashtra like Jai Hind, St. Xavier’s, and KPB Hinduja are gaining recognition as India’s higher education market is set to grow at a 15.8% CAGR, reaching USD 54.3 billion by 2030. But if you're looking to go beyond a traditional commerce degree, check out IIDE’s UG Program in Digital Business & Entrepreneurship - a future-ready course that blends practical digital skills with real-world industry exposure.
Kartik Mittal
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Updated on: Mar 10, 2025
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Have you been looking for the top commerce colleges in Maharashtra? Then you’ve come to the right place. We’ve compiled a list of the top institutes offering the best courses in the commerce field with important details that make them the best in the industry.
Commerce Colleges in Maharashtra are vital centers for education and professional growth, contributing to the state's vibrant economy. These esteemed institutions offer various commerce degree programs, catering to student’s academic needs and providing valuable resources for professionals and businesses aiming to excel in a competitive market.
At the undergraduate level, degrees like B.Com, BMS, BBA, and BMM provide a solid foundation for careers in business and commerce. While these traditional degrees remain popular, the job market today demands specialized, high-demand skills that aren’t always covered in conventional courses. If you're looking to stay ahead of the crowd, pursuing an additional specialization in areas like finance, marketing, or data analytics can give you a competitive edge. Many top colleges in Maharashtra offer dual accreditation within the same timeframe as a regular undergraduate degree, allowing you to gain industry-specific knowledge without extending your academic journey.
Commerce is a diverse field with a wide range of career opportunities, including management, accounting, finance, marketing, and more. Exploring options at top colleges in Maharashtra can lead to a rewarding career.
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Top 17 Commerce Colleges in Maharashtra
1. Jai Hind College
Jai Hind College, established in 1948, is a prominent institution in Mumbai known for its academic excellence and diverse offerings. Affiliated with the University of Mumbai and enjoying the freedom of autonomy, the college caters to students across various disciplines. They offer a wide range of programmes in science, commerce, and arts, including 12 undergraduate options, 5 postgraduate programmes, and numerous certificate courses.Â
In addition to its course offerings, this best college for commerce in Maharashtra also provides an exclusive Bachelor of Digital Strategy (B Com) programme, which is a must for students who want to understand business fundamentals from a digital marketing angle.
Admission to Jai Hind College is merit-based, ensuring a focus on academic achievement. The college's strong industry connections complement this focus. With ties to several prestigious firms like Ernst & Young, KPMG, and JP Morgan, the college facilitates exceptional placement opportunities for its students, giving them a strong head start in their careers.
Beyond academics, Jai Hind College boasts a rich history and an illustrious alumni network. The college actively fosters an environment that encourages innovation and leadership through initiatives like the ‘Leadership Series’, and collaborations with organisations like the Wadhwani Foundation for entrepreneurship courses.Â
Additionally, the college's student council acts as a bridge between students and the administration, while its thriving start-up ecosystem and collaborative programmes, such as the Bachelor of Management Studies (BMS) and Bachelor of Business Administration (BBA) in collaboration with TCS, demonstrate the college's commitment to nurturing the holistic development and success of its students.
Detailed Course Information Here: Bachelor of Digital Strategy by Jai Hind CollegeÂ
Contact Details
Phone Number: 022-2204 0256
Address: WRMG+R34, A Rd, Churchgate, Mumbai, Maharashtra 400020
Website: https://www.jaihindcollege.com/
2. St.Xavier’s College, Mumbai
St. Xavier’s College in Mumbai is a private Roman Catholic School subsidiary of the University of Mumbai. The college was established in 1869, making it one of the oldest colleges in the country.
St. Xavier's, considered as the best college for commerce in Maharashtra, offers higher secondary education and undergraduate and postgraduate programmes in the fields of arts, science, and commerce.
Rankings
– Ranked #4 in India Today’s list of top commerce colleges in Mumbai
Contact Details
Number: 022-2262066/ 022-22659484
Address: 5, Mahapalika Marg, Fort, Mumbai,400001
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3. KPB Hinduja College
K. P. B. Hinduja College of Commerce has been a leading educational institution in Mumbai since 1974. It reflects the goals of the Smt. P. D. Hinduja Trust. For 50 years, the college has empowered students through unwavering dedication to quality education. As a proud affiliate of the University of Mumbai, Hinduja College offers a comprehensive suite of undergraduate programmes, including the renowned B.Com, BMS, BAF, and BBI.
Hinduja College's pursuit of excellence is not just spoken; it's proven. The institution's re-accreditation with an 'A+' grade by NAAC speaks volumes about its commitment to stringent standards. With over 50 years of operation, this institute has established a legacy of consistent academic excellence.
Hinduja, recognised as one of the best commerce colleges in Maharashtra offers a unique 'BBA in Digital Business' programme, embracing the digital revolution. This course is designed to cultivate the skills necessary for success in the modern digital marketplace, focusing on digital marketing, e-commerce, business analytics, and entrepreneurial ventures. With a curriculum deeply rooted in industry partnerships, students gain invaluable practical experience through internships and live projects, ensuring they are career-ready upon graduation.
Hinduja College's strategic integration of foundational commerce principles with state-of-the-art digital business practices ensures its graduates are not only prepared for the future but also positioned to shape it.
Detailed Course Information Here – BBA in Digital Business by KPB Hinduja College
Rankings - 77th Rank by India Today in the year 2021
Contact Details
Number: 8451045873
Email ID: [email protected]
Website: https://hindujacollege.in/underGraduateCourses/bachelors-of-business-administration-digital-business
4. H.R. College of Commerce and Economics, Mumbai
Hassaram Rijhumal College of Commerce and Economics, popularly known as H.R. School, was set up on June 20, 1960. It is controlled by the Hyderabad Sind National Collegiate Board(HSNC). It was certified ‘A’ grade by NAAC. The commerce college in Maharashtra offers higher secondary education and undergraduate and postgraduate degree courses.
Rankings – H.R College ranks #7 by India Today’s list of ‘Top 10 Best Commerce Colleges in Mumbai’
Contact Details
Phone: 022 -22876115/ 022-22042195
Address: Vidyasagar K.M. Kundnani Chowk, Dinshaw Wach Road, Churchgate, Mumbai-400 020
5. Nagindas Khandwala College
Established in 1983, Nagindas Khandwala College in Mumbai offers various undergraduate and postgraduate programmes in arts and commerce. The institution is recognised for its rigorous academic standards and dedicated approach to equipping students for successful careers.Â
Merit-based admission is the primary criterion for most courses, ensuring that the most qualified candidates are accepted. This commitment to excellence not only enhances the learning environment but also significantly contributes to the student's future opportunities.Â
Did you know? This institute also offers a specialised degree, ‘Bachelor in Digital Business (B Com)’ - an extension of BCom that blends business acumen with digital strategies. This is ideal for commerce students who are interested in exploring the digital marketing realm. Â
The college is known for its strong placement record, with over 75% of students getting jobs after graduation. Many well-known companies recruit from the college, offering an average salary of 3 lakhs annually.
Nagindas Khandwala College provides scholarships and other support programmes to help students succeed. They also have a well-equipped library, Wi-Fi, and dedicated support services for placements and student concerns. The college is consistently ranked among the top colleges in India, making it a great option for students seeking a quality education.
Detailed Course Information Here – Bachelor in Digital Business by Nagindas Khandwala CollegeÂ
Contact Details
Phone Number: 7718875529
Address: Bhavishya Bharat Campus, Road, No.1, Govindji Shroff Marg, Malad West, Mumbai, Maharashtra 400064
Website: https://www.nkc.ac.in/
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6. Narsee Monjee College of Commerce and Economics, Mumbai
Narsee Monjee College of Commerce and Economics is a leading college affiliated with Mumbai University. It was established in 1964. It was awarded a re-accreditation ‘A’ grade by NAAC. This commerce college in Maharashtra offers higher secondary, undergraduate, and postgraduate courses.
Rankings – Ranked 7th best Commerce College in India (2016)
Contact Details
Number: 022-4233800
Address: Swami Bhaktivedant Marg, Bhagubhai Mafatlal Complex, Vile Parle West. Mumbai 400056
7. Thakur College of Science and CommerceÂ
Established in 1992 by the Thakur Educational Trust, Thakur College of Science and Commerce (TCSC) in Mumbai, Maharashtra, has become a prominent institution offering a wide range of undergraduate and postgraduate programmes.Â
Affiliated with the University of Mumbai, TCSC provides courses in fields such as science, commerce, and arts. The University Grants Commission (UGC) recognises the college and has been accredited with an 'A' grade by the National Assessment and Accreditation Council (NAAC). Over the years, this commerce college in Maharashtra has received numerous accolades, including the 'Best Educational Institution of the Year 2021' award from the Governor of Maharashtra.
To meet the demands of the evolving digital landscape, TCSC provides a specialised Bachelor in Digital Business (B Com) programme. This three-year, full-time undergraduate course is designed to equip students with essential skills in digital marketing, e-commerce, business analytics, and entrepreneurship, preparing them for leadership roles in the modern digital economy. Industry experts deliver the curriculum and include practical learning experiences, such as internships and live projects, ensuring that students are job-ready upon graduation.
By integrating traditional commerce education with contemporary digital business strategies, TCSC ensures that its students are well-prepared to navigate and excel in today's dynamic business environment.
Detailed Course Information Here: Bachelor in Digital Business by Thakur College
Rankings – Ranked 15th as per Education World in 2020
Contact Details
Phone No: 8451041272
Email ID: [email protected]
Website: https://www.tcsc.edu.in/page/academics-undergraduate-programs-academics-b-com-digital-business-academics/
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8. Symbiosis College for Art and Commerce, Pune
Symbiosis College of Arts and Commerce, under the aegis of the Symbiosis Institute, was established in the year 1983 in Pune. 3-year programmes in Bachelor of Commerce and Bachelor of Arts and a 2-year programme in Master of Commerce are offered by Symbiosis, in addition to Diploma and Certificate-level courses in Liberal Arts. Their quality education makes them one of the best commerce colleges in Maharashtra.
Rankings
– Ranked 25 out of 160 by IndiaToday
– Ranked 26 out of 150 by Outlook
Contact Details
Phone: (020) 256 53 903
Address: Senapati Bapat Road, Pune – 411004
9. KES Shroff College (Autonomous)
For over thirty years, KES Shroff College of Arts & Commerce has been a cornerstone of education in Kandivali (West), Mumbai. Established in 1989, the college has transitioned into a highly respected autonomous institution affiliated with the University of Mumbai. Students have access to a broad spectrum of undergraduate and postgraduate programmes, spanning arts, commerce, management, and science.
Quality education is paramount at KES Shroff College. This is validated by their 'A' grade accreditation from NAAC and ISO 9001:2015 certification, both of which demonstrate a steadfast commitment to rigorous academic standards.
KES Shroff College offers a Bachelor in Digital Business (B.Com) programme designed to give students the key skills needed for today's digital world. You'll learn things like digital marketing, online sales, social media, data analysis, and how to start your own digital business. This training helps graduates succeed in the competitive online economy.
The goal of KES Shroff College is to prepare students for the future. They combine traditional business education with modern digital skills, so graduates are ready to lead in a tech-focused business environment.
Detailed Course Information Here: KES’s Bachelor in Digital Business
Contact Details
Phone No: 9136135106
Email ID: [email protected]
Website: https://kessc.edu.in/bachelor-of-commerce-digital-business/
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10. The Brihan Maharashtra College of Commerce (BMCC), Pune
The Brihan Maharashtra College of Commerce (BMCC) is a pioneering, premier degree commerce college in Maharashtra, India. The College was established in 1943 by the Deccan Education Society. The college is affiliated with the University of Pune and has been accredited with a Grade ‘A’ by NAAC.
The institute offers higher secondary education and undergraduate and postgraduate courses for the commerce stream only, making it one of the best commerce colleges in Maharahstra.
Rankings
– Received the ‘Best College Award (2015)’ by SPPC
Contact Details
Phone: +91 20676 56200
Address: 845, Shivaji Nagar, Pune- 411 004
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11. Hislop College, Nagpur
Hislop College was established in the year 1883. It is one of the oldest colleges in Nagpur and India. The commerce college in Maharashtra has been accredited by NAAC with a Grade ‘A’ and is affiliated with Rashtrasant Tukadoji Maharaj Nagpur University. The college offers undergraduate and postgraduate science, commerce, and arts courses.
Rankings
– Awarded Heritage Status by UGC (University Grants Commission)
Contact Details
Phone: 0712 2532 004
Address: Chitnavis Centre, Temple Road, Dobhi Nagar, Civil Lines, Nagpur- 440001
Bonus Read: Professional Courses after 12th
12. Dr. Ambedkar College, Nagpur
Dr Ambedkar College was founded in the year 1964 in memory of the Late Dr Babasaheb Ambedkar. The college is associated with Nagpur University and has been accredited by NAAC with a Grade ‘A’. The commerce college in Maharashtra offers higher secondary education, undergraduate and postgraduate courses in science and commerce, as well as arts streams.
Rankings
– Ranks among ‘Top 10 Commerce Colleges in Nagpur’
Contact Details
Phone: 0712 2955 785
Address: Deekshabhoomi, S Ambazari Road, Bajaj Nagar, Nagpur- 440 010
13. B.K. Birla College of Arts, Commerce and Science, Kalyan
The B.K.Established in 1972, Birla College is an autonomous college affiliated with Mumbai University. It offers 22 undergraduate, 27 postgraduate, and research programmes in arts, commerce and science. It has been accredited by NAAC as an ‘A’ Grade and 5 Star Status, making it one of the best commerce colleges in Maharashtra.
Rankings
– Ranked 35 out of 160 by IndiaToday
– Ranked 35 out of 150 by Outlook
Contact Details
Phone: (0251) 2230740, 2231294
Address: B.K. Birla College Road, Kalyan – 421 304
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14. The New College, Kolhapur
Established in 1971, The New College offers arts, commerce and science faculties. This college is affiliated with the Shivaji University in Kolhapur. It has been accredited ‘A’ grade by NAAC and is recognised by UGC. The college provides traditional and professional courses, making it one of the top commerce colleges in Maharashtra.
Contact Details
Phone: 0231-2621187 /2621180
Address: The New College Kolhapur 1062 A Ward, Shivaji Peth, Kolhapur
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15. Hirachand Nemchand College of Commerce, SolapurÂ
Running for over 75 years, this college offers commerce, arts, and science faculties, with commerce being the major faculty. It is affiliated with the Jain minority institute – SAPDJP. The college offers undergraduate, graduate, and postgraduate courses, making it one of the best commerce colleges in Maharashtra.
Contact Details
Phone: 0231-2621187 /2621180
Address: Walchand College Campus Seth Walchand Hirachand Marg Ashok Chowk Solapur 413 006
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16. Sandip University, NashikÂ
Established in 2017, Sandip University is a private university offering undergraduate and postgraduate courses in commerce and management, IT, law, health sciences, and interior design, to name a few. It also offers part-time programmes and vocational courses. They are recognised by UGC, making it one of the best commerce colleges in Maharashtra.
Rankings
– Awarded the Excellent Institutes by Maharashtra Board of Technical Examination
Contact Details
Phone: 1800-212-2714
Address: Trimbak Road, Nashik, Maharashtra, India
17. MGM Institute of Management and Research, Aurangabad
MGM Institute of Management and Research is an NAAC accredited (Grade ‘A’). It was established in the year 1994. The institute offers a BBA, B.Com. And MBA (Full and Part-time) programmes.
Rankings
– Ranked in IndiaToday’s list of Top 284 MBA Colleges
Contact Details
Phone: +91 240 2483405, 2473889
Address: N-6, CIDCO, Aurangabad – 431003 Maharashtra
What are the Top Degree Options in Commerce?
1. Bachelors in Commerce(B.Com)
B.Com is the most convenient course for commerce students after the 12th. It is a 3/4 year degree course sweeping across knowledge on subjects like accountancy, statistics, economics, law, and advertising.
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2. Bachelor of Business Administration (BBA) in Digital Business
BBA is the perfect course for those who wish to get into the depths of the digital world and corporate administration. It is a 3/4 year undergraduate course offering knowledge on subjects like digital marketing, e-commerce, data analytics, social media management and digital entrepreneurship
If you are interested in a specialisation that helps you become an expert in the digital field, you must enquire about BBA in Digital Business.
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