HR College of Commerce and Economics, also known as Hassaram Rijhumal College, is an autonomous institution for commerce and management in Churchgate, South Mumbai. Founded in 1960, it is a Lead Constituent College of HSNC University (Hyderabad Sind National Collegiate University), Mumbai. It became the first college in the University of Mumbai's 150-year history to receive UGC autonomy when the status was granted in 2007.

The college has an NAAC A grade with a CGPA of 3.72. At the time of assessment, this was the highest CGPA awarded in India under the revised accreditation system. In the NIRF 2025 College rankings, HR College was placed in the 101-150 band. The Week ranked it 20th among Indian commerce institutions in 2025.

Located at 123 Dinshaw Wachha Road, the urban campus sits within South Mumbai's business and financial district. More than 6,000 students study across its junior college, undergraduate, postgraduate and doctoral programmes.

  • Commerce at UG level: Students can study B.Com (General), B.Com (Accounting and Finance), B.Com (Banking and Insurance), B.Com (Financial Markets), B.Com (Marketing and Retail Management), or Bachelor of Accounting and Finance (BAF).
  • Management at UG level: The college offers the Bachelor of Management Studies (BMS).
  • Mass Media at UG level: Available options are Bachelor of Mass Media (BMM) and BA in Multimedia and Mass Communication.
  • Vocational programmes at UG level: Students may choose B.Voc in Wealth Management or B.Voc in Tourism and Hospitality Management.
  • Postgraduate study: M.Com specialisations include Advanced Accountancy, Banking and Insurance Management, and Management.
  • Research programmes: Ph.D. study is available in Business Policy and Administration, Business Economics, Geography and Environmental Management, and English.

HR College Courses and Fees

HR College runs undergraduate and postgraduate programmes in commerce, management, mass media, and vocational fields. The amounts below are the complete programme fees under the 2026 fee schedule.

CourseDurationFee
B.Com (General)3 yearsINR 70,300
B.Com (Accounting and Finance)3 yearsINR 1,68,000
B.Com (Banking and Insurance)3 yearsINR 1,68,000
B.Com (Financial Markets)3 yearsINR 1,68,000
B.Com (Marketing and Retail Management)3 yearsINR 95,000
Bachelor of Accounting and Finance (BAF)3 yearsINR 1,68,000
Bachelor of Management Studies (BMS)3 yearsINR 3,18,500
Bachelor of Mass Media (BMM)3 yearsINR 1,61,000
BA (Multimedia and Mass Communication)3 yearsINR 1,61,000
B.Voc (Wealth Management)3 yearsINR 92,000
B.Voc (Tourism and Hospitality Management)3 yearsINR 92,000
M.Com (Advanced Accountancy)2 yearsINR 87,200
M.Com (Banking and Insurance Management)2 yearsINR 87,200
M.Com (Management)2 yearsINR 87,200

Subject to revision. Kindly check with the official sources to confirm

As a day college in Churchgate, HR College does not provide hostel facilities. Students usually travel to campus or find private housing in places such as Churchgate, Marine Lines, or Fort.

HR College Admission Process

HSNC University, Mumbai, manages HR College admissions through a centralised process. Passing Class 12 from a recognised board is the basic requirement for every undergraduate course. Most selections depend on merit, while BMS applicants must also have an accepted entrance examination score.

B.Com, BAF, BMM and B.Voc Eligibility

  • Applicants must pass Class 12 in the Commerce or Science stream from a recognised board.
  • General category applicants need at least 45% aggregate marks, while reserved category applicants need 40%.
  • Selection is made through an HSNC University merit list prepared from Class 12 percentages.

BMS Eligibility and Selection

  • Students from any Class 12 stream may apply if they have at least 45% aggregate marks.
  • An accepted MH-CET BMS or HSNC University H-CET-II score is required.
  • The merit list considers both the HSC percentage and CET result.
  • In recent admission cycles, the HSC closing merit for BMS at HR College stayed within the 95 to 98 percent range.

M.Com Eligibility

  • Applicants need a B.Com or an equivalent degree from a recognised university with at least 50% aggregate marks.
  • HSNC University prepares the admission merit list using graduation marks.
  • An entrance test or group discussion may also be held for certain specialisations.

Steps to Apply

  1. Confirm that the academic requirements for the chosen programme have been met.
  2. Complete the required registration with HSNC University.
  3. For BMS, provide a valid MH-CET BMS or H-CET-II result along with the HSC record.
  4. Check the relevant merit list prepared from the applicable academic marks and entrance score.
  5. If a seat is allotted, complete the college admission formalities stated in the allotment instructions.

Ph.D. selection follows UGC NET/JRF requirements or the HSNC University Research Entrance Test (RET) rules. Research is offered in Business Policy and Administration, Business Economics, Geography and Environmental Management, and English.

HR College Cutoffs

BMS admission is highly competitive. Recent cycles recorded HSC closing merit between 95 and 98 percent. The expected range for the 2026 cycle was 92 to 97 percent, depending on the applicant's category. Students who took MH-CET BMS could submit that result instead of an H-CET-II score.

Cutoff MeasureRange
Expected BMS cutoff for the 2026 cycle, category dependent92 to 97 percent
HSC closing merit recorded in recent BMS cycles95 to 98 percent

HR College Placements

Students at HR College can access employers based in Mumbai's financial district, including firms near the Bombay Stock Exchange and major bank headquarters. The college has developed recruiter relationships over six decades. Its regular recruitment pool includes the Big 4 accounting and consulting firms as well as employers from banking, FMCG, and IT.

Metric2023-24 Data
Students placed from three-year UG programmes467
Median salary reported in NIRF 2025 official dataINR 3.96 LPA
Reported placement rate85%

Recruiters: Deloitte, KPMG, EY, PwC, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, TCS, and Infosys recruit from the college. Deloitte, KPMG, EY, and PwC form the Big 4 group.

Recruiting sectors: Students enter accounting and audit, banking and financial services, consulting, insurance, FMCG, and IT-enabled finance roles.

Management trainee and analyst positions at financial services companies are common options for BMS graduates. BMM students enter digital media, advertising agencies, and Mumbai-based content studios. M.Com graduates generally join banks or Big 4 firms, while some pursue CA, CFA, or CPA qualifications alongside the course.

Note: The INR 3.96 LPA median comes from the official NIRF 2025 submission for three-year undergraduate programmes. Results can differ according to a student's programme, specialisation, and internship experience.

HR College Rankings

HR College appears in the national NIRF College rankings and in commerce-focused surveys. Its commerce performance has regularly placed it within India's top 20 to 25 colleges in stream-based rankings.

Ranking BodyCategoryRank
NIRF 2025College, Overall101-150 band
The Week 2025Commerce, India20

The NIRF College category covers thousands of specialised and multidisciplinary institutions, and HR College was listed in its 101-150 band. Its commerce-specific standing was higher, with The Week placing the institution among the country's top 20 commerce colleges.

HR College Campus and Infrastructure

The HR College campus is at 123 Dinshaw Wachha Road in Churchgate, Mumbai. Churchgate railway station and the Western Railway suburban network are within walking distance. Nariman Point, the Bombay Stock Exchange, the Reserve Bank of India, and several South Mumbai corporate headquarters are also nearby, giving students access to internship and placement opportunities in the surrounding business district.

Campus facilities include lecture halls, seminar rooms, student activity areas, and computer laboratories equipped with accounting and finance software. The central library maintains collections of commerce and economics journals. More than 50 student societies, committees, and clubs conduct activities connected with finance, consulting, entrepreneurship, sports, and cultural programmes. Umang is the annual social gathering, while Aakar is a management and cultural festival.

The college operates a research centre that supervises doctoral work across four disciplines. It also holds the UGC designation of College with Potential for Excellence. There is no residential hostel, so students coming from outside Mumbai arrange private accommodation in Churchgate, Marine Lines, Fort, or Lower Parel.

HR College vs Narsee Monjee College vs Jai Hind College

Students seeking B.Com or BMS admission in Mumbai often consider HR College alongside Narsee Monjee College of Commerce and Economics in Vile Parle and Jai Hind College in Churchgate. Each institution is an autonomous Mumbai college and draws applicants from the same HSC merit pool.

ParameterHR College, ChurchgateNarsee Monjee College, Vile ParleJai Hind College, Churchgate
Established196019641948
AffiliationHSNC UniversityUniversity of MumbaiUniversity of Mumbai
NAACA, CGPA 3.72A+, CGPA 3.59A+, CGPA 3.62
B.Com total feeINR 70,300See college websiteSee college website
BMS total feeINR 3,18,500See college websiteSee college website
NIRF College rank101-150 band101-150 bandNot ranked in the top 150
The Week Commerce rank, 202520Not in the top 25Not in the top 25
Key strengthOldest HSNC college, access to Big 4 recruiters, Churchgate location, and the highest NAAC CGPA when accreditedVile Parle location, University of Mumbai affiliation, and a well-established BMS alumni networkOldest of the three, Churchgate location, and a combination of humanities and commerce education

Subject to revision. Kindly check with the official sources to confirm

HR College may suit students focused on accounting, banking, or consulting because of its Churchgate location and established links with Big 4 and financial-sector recruiters. Narsee Monjee College provides a comparable BMS option and has an active alumni network across Mumbai. Jai Hind College combines commerce study with a stronger liberal arts focus and a smaller student group.

HR College FAQs

Ques. Why do students consider HR College for BMS in Mumbai?

Ans. HR College is a popular BMS choice because its Churchgate campus is close to South Mumbai's corporate centres. Recruiter connections with banks and Big 4 firms support placement opportunities. The course is competitive, with recent HSC closing merit remaining between 95 and 98 percent. As part of HSNC University, the autonomous college also has greater freedom to design its curriculum than colleges affiliated with the University of Mumbai.

Ques. Which NAAC grade and CGPA does HR College hold?

Ans. HR College is accredited with an NAAC A grade and a CGPA of 3.72. When it was assessed, this was the highest CGPA awarded in India through the revised NAAC accreditation system. The UGC has also named it a College with Potential for Excellence.

Ques. How much does it cost to complete BMS at HR College?

Ans. The complete three-year BMS fee is INR 3,18,500. Three years of B.Com (General) cost INR 70,300. The three-year Accounting and Finance, Banking and Insurance, and Financial Markets B.Com specialisations each have a total fee of INR 1,68,000. The two-year M.Com fee is INR 87,200.

Ques. Is residential accommodation available at HR College?

Ans. HR College has no residential hostel because it operates as an urban day college in Churchgate, South Mumbai. Students who move to Mumbai can arrange private accommodation in Churchgate, Marine Lines, Fort, or Lower Parel. These areas have access to the Western and Central Railway suburban networks.

Ques. What do the HR College placement figures show?

Ans. Official NIRF 2025 data records that 467 students from three-year undergraduate courses were placed at a median salary of INR 3.96 LPA. Recruiters include Deloitte, KPMG, EY, PwC, ICICI Bank, HDFC Bank, Axis Bank, Kotak Mahindra Bank, TCS, and Infosys. Students aiming for Big 4 careers often pursue CA with their degree, which can improve their earning potential after graduation.

Ques. What is HR College's university status?

Ans. HR College is a Lead Constituent College of HSNC University, formally named Hyderabad Sind National Collegiate University, Mumbai. It was affiliated with the University of Mumbai from its establishment in 1960. UGC autonomy followed in 2007, making HR College the first institution to receive that status during the University of Mumbai's 150-year history. After HSNC University was established in 2019, HR College became one of its founding constituent colleges.