Top 8 economics colleges in Mumbai, India

Mumbai, the largest city of India, and the financial capital of the country have witnessed the setting up of leading colleges, not just in Mumbai but in entire India. Economics at the UG level is either pursued under Bachelor of Science or Bachelor of Arts, in India. This article will highlight the top economics colleges located in Mumbai, which offers quality education, the scope for research, placement opportunities, has a supportive environment, and so on & so forth.

1) St. Xavier’s College, Mumbai

St. Xavier’s College, Mumbai is one of the most prestigious autonomous institutes in India. It is one of the oldest running colleges in the country, which was established in the year 1869, and is presently affiliated with the University of Mumbai. The institute offers a Bachelor of Science in Economics, on the basis of merit scored in class 12. The cut-offs are generally very high as the number of student intake is very low. Moreover, the college provides good placement opportunities along with decent scope for research.

2) Indian Institute of Technology, IIT Bombay

Indian Institute of Technology Bombay is generally linked to engineering and technology and hence not many of us do not know that IIT Bombay offers BSc courses as well. IIT Bombay was established in the year 1958 and was ranked 4 by NIRF rankings in the overall category. IIT B offers a Bachelor of Science in Economics, whose admissions are completely based on merit. IIT B is also well known for its placement opportunities and needs to separate introduction for it.

3) SVKM’s Narsee Monjee Institute of Management Studies, NMIMS Mumbai

SVKM’s Narsee Monjee Institute of Management Studies is a leading business school in the country. Being established in the year 1981, it is now a deemed university that is approved by the UGC and graded “A+” by NAAC. The university is also ranked 92 in India in the overall category by NIRF. The university is extremely competent and thus securing a seat for Bachelor of Science in Economics is based on NMIMS NPAT, a university-based entrance exam. NMIMS has been constantly placing its students in well-reputed firms in India as well as abroad.

4) Ramnarain Ruia College, Mumbai

Ramnarain Ruia College is one of the reputed colleges of Mumbai for Arts and Sciences. Being established by Shikshan Prasaraka Mandali, Pune, in the year 1937, it is now affiliated with the University of Mumbai. The college offers a Bachelor of Economics degree under its school of Humanities, and admissions into the program are based on merit achieved in class 12. The college is also well-equipped will all the facilities and is located in central Mumbai, making transportation easier.

5) Mithibai College of Arts, Mumbai

Mithibai College of Arts Mumbai was established in the year 1961, by Shri Vile Parle Kelavani Mandal. The college presently offers 35 UG programs across science, commerce, and humanities but is mainly for commerce and economics. The institute is affiliated with the University of Mumbai. It provides Business Economics, at the UG level, that opens the scope for good placement opportunities in the business and finance sectors.

6) K J Somaiya College of Arts and Commerce, KJSAC Mumbai

K J Somaiya College of Arts and Commerce Mumbai is one of the pioneering Arts and Commerce institutes of the city. The institute was established in the year 1960 and is affiliated with the University of Mumbai. However, in recent times, the institute has been granted autonomy by the UGC, and will soon be turning into a private university i.e., Somaiya Vidyavihar University. The college offers a Bachelor of Arts in Economics, within a decent fee structure. The admissions are granted on the basis of merit only for BA Economics.

7) Sarla Anil Modi School of Economics, SAMSOE Mumbai

Sarla Anil Modi School of Economics, Mumbai is a private institute that was set up in the year 2010. It is affiliated with Narsee Monjee Institute of Management Studies (NMIMS), Mumbai. Approved by AICTE and accredited by NAAC, SAMSOE Mumbai is purely dedicated to economics and offers only economics programs, both at UG and PG levels. Being affiliated with NMIMS University, the admissions into Bachelor of Science in Economics is based on NMIMS NPAT, the entrance exam by NMIMS.

8) Elphinstone College, Mumbai

Elphinstone College is one of the oldest colleges in Mumbai, which is affiliated with the University of Mumbai. The college was set up in the year 1856, under the British Raj. It is known for quality education in all streams and it presently provides 14 UG programs. The college provides a Bachelor of Arts in Economics, whose admission is given on the basis of merit scored in class 12. Elphinstone College is well known for its evergreen alumni like Dr. Bhim Rao Ambedkar, Pherozshah Mehta, Bal Gangadhar Tilak, and Jamshedji Tata.

By: Subham Har