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A deep dive into NM College

VJ
Veer Jain
Overall Rating7.2
placement
6.0
college
8.0
course
9.0
hostel
7.0
internship
6.0
campus
7.0

Remarks :

NM College is one of the Maharashtra’s top college and if not the best also considered as a top college in India as well for commerce. This college is in Mumbai which is pretty close to my hometown, also Mumbai is the financial capital of India and as I wanted to pursue a career in finance I was all directed towards this college from all sides. Even my seniors and mentors had recommended this college very highly to me. The admission into this college is purely on merit basis and there are no separate written examinations or interviews to get into this college. The cut off for my course was 92% as in the general category. This college also has a separate Gujarati quota and I feel that this is one begrepen aspect of this college where there is more representation of one set of group.

Course Curriculum Overview :

The course curriculum as in the first year consists of ten subjects which are Indian financial system, basics of financial services, stock market operations, microeconomics, maths and statistics, Indian knowledge system, environmental studies, communication skills, media culture and society and financial accounts. These subjects vary in different years. While the teachers teaching these subjects are highly qualified in their respective fields and I personally have had a nice experience in this college in terms of academics. There are smartboards in every classroom and the teachers use them to solve problems, show videos and show presentations to all students enhancing the student experience. The term exams are held in every six months and there are 6 semesters across 3 years. The difficulty level in first year is moderate and keeps on increasing as move on to second or third year.

Internships Opportunities :

I currently don’t have any plans of doing an internship in the first year but plan to do 2-3 internships in the next 2 years. The college does not offer many internship opportunities but gives concession in terms of attendance if you are doing any internship. You can get any role pertaining to any normal working employee if you manage to get an internship through the college and if you get lucky you might also receive a stipend between 5000-10000. You might get a role of stock analyst, broker, event manager or any such role which helps you to foster a better classroom learning.

Placement Experience :

NM College had a decent placement record which produces a placement of 20-25% every year in the BFM course. The placements are offered to students who have really worked hard in their college years, getting a CGPA of 9 or above, doing a professional course simultaneously or maybe having an extraordinary extra co curricular record. The highest placement offered in the college last year was 12,00,000 while the average package is around 500000-600000. Deloitte is one of the top recruiter in the college. I am currently pursuing CMA US along with FYBFM and plan to do CFA after this, thus enhancing my chance to get a placement through the college.

Loan/ Scholarship Provisions :

The yearly fee for FYBFM is 55,720 which mainly comprises of the tuition fee of 38,000 and also other charges and fee such as caution fee of 150, admission processing fee of 200, computer lab fee of 1000, library fee of 800, examination fee of 8000, etc. This structure is same across all categories except SC, ST and OBC which is around 14000. But so student of such category has applied for our course. The admission is on merit basis and is given on the basis of our 12th grade percentage.

Campus Life :

The only demerit that NM College has is that it does not have a good campus. There is only a building in which all the activities are held and even the orientations of this college is held in the NMIMS College’s auditorium. Still the social life in NM College is great where you get to socialise with a lot of people in class, in events and in committees. There are various committees in NM College such as Brand Building committee, advertising and marketing committee, financial literacy committee, NSS committee and an other host of such committees. The main events in this college include Umang, Arthashastra and Arithmos. The college also promotes sports and other cultural activities but does not have a proper infrastructure to facilitate the development of students in the college.

Hostel Facilities :

I am currently living in Aster by Hive which is in Vile Parle West and it is pretty close to my college thus catering to my convenience and accessibility. The infrastructure in hive is decent, it has a pool table, PS4, a good mess, a mini gym, room cleaning services and laundry services. The rooms start at a price of 3,75,000 and go up to 7,00,000. Hive Hostels also have other properties of Aurus which are the most premium properties. The food quality and menu choice is pretty good in Hive Hostels. The quality of the rooms in hive is also satisfactory. But I still think that Hive hostels is not value for money as you can get better flats in the same area at a lower cost of living. Hive also demands a security deposit of 1,00,000 other than the total rent which you receive at the end of your 11 month contract.

Report
October 7, 2024

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