Anil Surendra Modi School of Commerce (ASMSOC), Mumbai was established in the year 1981 with its temporary location at Bhaidas auditorium and transformed into a large complex above Bhaidas Hall, Vile Parle (West), Mumbai. ASMSOC is affiliated with the Narsee Monjee Institute of Management Studies (NMIMS) and has received A++ accreditation from NAAC. The institute has been ranked 1 by MHRD and has been rated no 1 by Outlook-ICARE. The BBA program of the institute is ranked 1st by India Today Rankings and Rank 2 by Times B-School Survey among the top BBA programs in India. 

The institute offers four different courses at the UG, and PG viz. BBA, B.Com (Hons), BSc, and MSc. ASMSOC Mumbai Admission to UG programs is based on NMIMS-NPAT scores while admission into PG programs is based on merit. 

ASMSOC Mumbai witnessed the highest package of INR 30.0 LPA in 2023 with an average package of INR 12.0 LPA. A few of the top recruiters are JP Morgan, Nomura, Google, Barclays, Deutsche Bank, etc.

ASMSOC Mumbai Ranking

ASMSOC Mumbai has been ranked by various rating agencies based on its teaching methodology & pedagogy, overall performance, future orientation, etc. 

Ranked by Year Rank
India Today  2022 2 (MBA)
India Today  2021 2 (Overall)
Outlook 2021 1 (Overall)

ASMSOC Mumbai Courses & Fees

ASMSOC Mumbai offers various UG and PG courses.

Course Name Details Selection Criteria
BBA
  • Duration: 3 Years Fees: INR 9,75,000. Eligibility: Candidates must with a minimum of 50% aggregate in 10+2
 NPAT
B.Sc (Finance)
  • Duration: 3 Years Fees: INR 10,50,000. Eligibility: Candidates must with a minimum of 60% aggregate in 10+2
 NPAT
B.Com (Hons)
  • Duration: 3 Years Fees: INR 6,75,000. Eligibility: Candidates must with a minimum of 60% aggregate in 10+2
 NPAT
M.Sc (Finance)
  • Duration: 2 Years Fees: INR 6,04,000. Eligibility: Candidates must with a minimum of 60% aggregate in graduation with mathematics or statistics as compulsory subjects
 Merit-based

ASMSOC Mumbai Cutoff

NPAT Cutoff

Since a host of UG level courses are offered by ASMSOC Mumbai through various entrance examinations. The cut-off marks of NPAT for previous years are provided below.

Year  Course Section Cut Off Marks
2020 BBA Proficiency Test in the English Language 26
Quantitative & Numerical Ability 23
Reasoning & General Intelligence 26
Overall NPAT Cut Off 75
2019 BBA Proficiency Test in the English Language 29-30
Quantitative & Numerical Ability 26-29
Reasoning & General Intelligence 29-30
Overall NPAT Cut Off 85-86

ASMSOC Mumbai Placement

In the 2022 placement drive, a total of 80% students were placed. The highest and average package offered by the recruiters was INR 9.66 LPA and INR 8.10 LPA respectively for MSc finance and INR 16 LPA and 7.57 LPA for B.Com (Hons.). The top companies that visited the campus include Byjus, JP Morgan, ICICI, Almus, etc.

Placement Statistics

Particulars Details
Highest CTC (MSc Finance) INR 9.66 LPA
Average CTC (MSc Finance) INR 8.10 LPA
Highest CTC (BBA) INR 16 LPA
Average CTC (BBA) INR 5.54 LPA
Highest CTC (B.Com Hons.) INR 16 LPA
Average CTC (B.Com Hons.) INR 7.57 LPA
Highest CTC (BSc Finance) INR 16 LPA
Average CTC (BSc Finance) INR 7.35 LPA

ASMSOC Mumbai Scholarships

ASMSOC offers scholarships to its students based on merit, the financial condition of the candidate, etc. through an integrated e-Governance Scholarship Portal.

ASMSOC Scholarships
Central Sector Scheme of Scholarship Scholarship based on results of Senior Secondary Education Scholarship based on family income
Scholarship for professional courses Educational Loan from Banks/ Financial Institutes -

ASMSOC Mumbai Facilities

ASMSOC offers a host of facilities to its students some of which are listed below:

  • Library- ASMSOC library stocks more than 50,000 books, including databases, periodicals, and audio-visual materials.
  • Hostel – Separate hostel facility for boys and girls with each hostel equipped with its own kitchen, dining hall, water purifiers, laundry services, recreation room, security, and surveillance system, etc.
  • Sports Complex – The institute offers Cricket Ground, Football Ground, Basketball Court, Tennis Court, Badminton Court, Playground and Stadium, etc.
  • Labs- The institute is equipped with WI_FI enabled computer lab.
  • WI-FI Campus – The whole campus is WI-FI enabled including common areas for access to online learning materials and resources.
  • Auditorium – An air-conditioned auditorium is equipped with modern equipment such as multimedia projectors and high-quality sound systems for seminars, conferences, symposia, etc.
  • Cafeteria – Offering hygienic and subsidized food items to both students and faculties.

Comparison: ASMSOC Mumbai Vs Symbiosis Centre for Management Studies, Pune

Particulars ASMSOC Mumbai Symbiosis Centre for Management Studies, Pune
Accreditation A++ accreditation by NAAC AICTE-approved
Ranking Ranked #2 by India Today for MBA in 2022 Ranked #1 by Outlook for overall BBA program of the institute is ranked 1st by Times BBA Ranking Survey 2018
Fees Comparison 9,75,00 for BBA course INR 10,50,00 for BBA course
Facilities Some of the top facilities offered by the institute are Library, Hostel, Multipurpose Conference Room, Sports Complex, WI_FI Campus etc Some of the top facilities offered by the institute are Library, Hostel, Sports Complex, Cafeteria, Gym, etc.
Scholarship Facilities Available Available
Highest CTC and average CTC INR 16 LPA INR 8.65 LPA 
Average CTC INR 7.57 LPA INR 6.5 LPA
Top Recruiters American Express, Barclays, HDFC, E & Y are some of the top recruiters of this institute Accenture, Deloitte, KPMG, Credit Suisse are some of the top recruiters of this institute

ASMSOC Mumbai FAQs

Ques. Does ASMSOC Mumbai has an academic partnership with any international institute?

Ans. Yes. ASMSOC has academic partnerships with the following international institutes:

  • University at Albany, State University of New York (UAlbany).
  • University of South Australia (UniSA).
  • The University of Queensland.
  • the University of Bristol
  • Clark University
  • the University of California, Riverside
  • Stony Brook University, the State University of New York
  • the University of Dallas
  • The University of Leeds

Ques. How are the faculties at ASMSOC Mumbai?

Ans. ASMSOC has an array of highly qualified and experienced facilities offering quality education, knowledge, and career guidance to its students for a bright career.

Ques. Where are the alumni of ASMSOC working for the past couple of years?

Ans. Approximately 2500 alumni of ASMSOC are presently working in academia or in the corporate world. 

Ques. In which sectors are students of ASMSOC offered placements?

Ans. Students of ASMSOC are offered placements in a variety of sectors, which are as follows:

  • Fintech
  • Consulting
  • Banking
  • E-Commerce
  • Manufacturing
  • HR Consulting, and many more…

Ques. What are the criteria for offering a scholarship at ASMSOC?

Ans. ASMSOC offers scholarships based on the following criteria:

  • Candidates belonging to the weaker section of the society from General, SC, ST, and physically handicapped categories.
  • Scholarship based on results in the Senior Secondary Examination for candidates belonging to the age 18-25 years.
  • Candidates scoring 80% and above in Board examination, 10+2, and family income less than INR 6 LPA.
  • Candidates pursuing professional and non-professional courses.

Ques. What are the roles offered to students completing M.Sc (Finance) from ASMSOC?

Ans. Students successfully completing the 2-year M.Sc (Finance) course from ASMSOC would be offered the following roles:

  • Financial Analyst
  • MT- Public Finance
  • Associate Valuation
  • Product Analyst

Ques. What are the special features offered by the B.Sc (Finance) program by ASMSOC?

Ans. The B.Sc (Finance) program from ASMSOC is specially crafted to help students gather knowledge on international financial markets, financial risk management, portfolio management, corporate finance, and other aspects of the finance domain.

Ques. Does ASMSOC have any provision for offering loans to its students?

Ans. Yes. ASMSOC has tied up with a few banks and financial institutions to provide loans to its students at a reasonable rate. These are listed below:

Banks:

  • State Bank of India
  • Bank of Baroda
  • ICICI Bank
  • IDFC First Bank
  • Syndicate Bank

Financial Institutes:

  • Easy EMI Scheme for SVKM by ITI Group
  • HDFC Credila