Content Curator | Updated on - Mar 20, 2026

Elphinstone College offers a 3-year Bachelor of Commerce (B.Com) program, a prestigious undergraduate degree designed for students interested in commerce, accounting, finance, and business management. The course provides comprehensive training in accounting principles, business law, economics, and financial management essential for modern business professionals. With a total fee of INR 18,056 for the entire 3-year duration, this government-aided course is highly affordable and accessible. The college offers seats for the B.Com program. The course is offered in full-time on-campus mode at the historic Fort campus in Mumbai. B.Com at Elphinstone is popular due to the college's strong faculty, rigorous curriculum, and excellent opportunities for students pursuing careers in accounting, finance, banking, and business administration.

Admission Status and Timeline: The 2026-27 admission cycle for B.Com courses at Elphinstone College was conducted from May 20 to June 7, 2026. As of March 2026, admissions for the current academic year have been completed. For the upcoming 2026-27 academic year, admissions are expected to commence in May 2026. Interested candidates should monitor the official Elphinstone College website and Dr. Homi Bhabha State University portal for exact dates and registration deadlines. The admission process is merit-based, with selection determined by 12th standard marks from recognized boards.

KEY POINTS

Strong faculty with expertise in accounting, finance, taxation, and business management
Comprehensive curriculum covering financial accounting, cost accounting, and auditing
Access to extensive library resources with over 120,000 books and digital collections
Regular seminars and workshops on accounting standards and business practices
Excellent preparation for professional certifications like CA, CS, and CMA
Internship opportunities with accounting firms, banks, and corporate organizations
Active student societies focused on business case studies and competitions
Strong alumni network in finance, banking, and corporate sectors

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Highlights
Fees
Admission
Scholarships
FAQs

Elphinstone B.Com Fees

The B.Com program at Elphinstone College is highly affordable with a total fee of INR 18,056 for the complete 3-year course. This includes tuition fees, library charges, enrollment fees, examination fees, and other academic charges. The fees vary slightly based on student category (General/OBC/SC-ST), with aided students paying lower fees compared to general category students. The college follows government fee structure norms, making it one of the most cost-effective options for quality higher education in Mumbai.

Fee Breakdown

Fee Component	Amount
Tuition Fees	5,100
Library Fees	600
Enrollment Fees	660
Examination Fees	1,800
ID Card Fees	150
Student Welfare Fund	150
Miscellaneous Charges	1,200
Disaster Relief Fund	300
Alumni Association	75
Group Insurance	60
E-Suvidha	150
Vice Chancellor Fund	60
Computer Lab Fees	1,200
Total Fees (3 Years)	18,056

All fees are refundable as per government norms.
Aided students may pay lower fees based on eligibility.
No EMI options are available, but the college accepts online payment through the official portal.
Fee payment schedules are announced at the beginning of each academic year.
Students from SC/ST and OBC categories may be eligible for fee concessions as per government guidelines.

Elphinstone B.Com Admission 2026

Elphinstone College's B.Com program follows a merit-based admission process conducted through the Dr. Homi Bhabha State University portal. The admission process is transparent and based on 12th standard marks. The college conducts multiple merit lists considering various reservation categories. Candidates must complete their 12th standard from any recognized board to be eligible. The admission process typically involves online application submission, merit list publication, document verification, and final enrollment.

Admission Timeline

Event	Date
Application Window (2026-27)	May 20 - June 7, 2026 (Tentative)
Merit List Publication	June 15, 2026 (Tentative)
Document Verification	June 20 - June 30, 2026 (Tentative)
Final Enrollment	July 1 - July 15, 2026 (Tentative)
Classes Commence	July 20, 2026 (Tentative)
Expected Application Window (2026-27)	May 2026

The dates mentioned above are tentative and subject to change.

Eligibility Criteria

Candidates must have passed 12th standard (HSC/CBSE/ISC) from any recognized board
Minimum aggregate marks requirement is typically 40% (varies by category and year)
Students with Mathematics in 12th standard are preferred
Students from any stream (Science, Commerce, Arts) are eligible to apply
No entrance examination is required; admission is purely merit-based

Admission Process

Visit the Dr. Homi Bhabha State University official admission portal
Register with valid email ID and mobile number
Fill the online application form with academic and personal details
Upload required documents (10th and 12th mark sheets, transfer certificate, character certificate)
Submit the application and note the registration number
Check merit lists published on the university portal
Report to college for document verification with original certificates
Complete fee payment through online mode
Obtain admission confirmation and enrollment certificate

Elphinstone College: Students' Opinion

AI-Generated Summary based on 5 Reviews

The college offers an affordable government-run education with impressive placement opportunities and a supportive learning environment. Admission is facilitated through merit lists and specific quotas for defense personnel and national-level athletes. Located near Nariman Point, the college boasts a royal-like ambiance and a vibrant cultural scene. The structured academic schedule includes 6 to 7 lectures daily, with highly qualified faculty who have passed NET/SET exams, ensuring quality education. Indian students benefit from low annual tuition fees of 4,000 INR, increasing to 6,000 INR post-HSC, with exemptions for government and defense employees.

Foreign students face fees ranging from 15,000 to 20,000 INR, rising to 25,000 to 30,000 INR post-HSC. The college's status as a government institution enhances placement prospects, particularly for students with a CGPA above 6 or 7. While there is no formal internship process for bachelor's degrees, students can pursue internships independently. The college's affordability negates the need for scholarships, although bank loans are available. Overall, the college combines low fees, quality education, and promising placement opportunities, making it an attractive choice for students.

By Collegedunia’s Personal AI

Elphinstone B.Com Scholarships 2026

Elphinstone College offers multiple scholarship schemes for meritorious and economically disadvantaged students. These scholarships are funded by the government, college endowments, and philanthropic organizations. Scholarships are awarded based on academic merit, financial need, and specific criteria set by scholarship providers. The college has a dedicated scholarship cell that assists students in applying for various schemes.

Scholarship Options

Scholarship Name	Eligibility	Amount
Centenary Scholarships	Merit-based for B.Com students	40 per month (480 annually)
College Open Merit Scholarships	Top performers in B.Com	15 per month (180 annually)
Municipal Scholarships	B.Com students (2nd and 3rd year)	40 per month (480 annually)
Tata Scholarship	3rd year B.Com students with merit	50 per month (600 annually)
Government of India Scholarships	SC/ST/OBC students	Variable
State of Maharashtra Scholarships	Economically weaker sections	Variable

Scholarship applications are typically invited mid-year.
Preference is given to students who have cleared all examinations and maintained good conduct and attendance.
Scholarship recipients are not exempted from college and gymkhana fees.
Students must maintain a minimum aggregate of 55% to retain scholarships.
Transferred students from other colleges are also eligible if they meet the criteria.
Application deadlines and specific requirements are announced by the college each academic year.

Elphinstone B.Com FAQs

Ques. What career options are available after B.Com from Elphinstone College?

Ans. Graduates can pursue careers in accounting firms, banks, financial institutions, corporate organizations, government agencies, and NGOs. Many graduates also pursue professional certifications like CA (Chartered Accountant), CS (Company Secretary), and CMA (Cost Management Accountant). Career options include roles as accountant, financial analyst, auditor, tax consultant, and business manager.

Ques. Is B.Com suitable for students interested in pursuing CA (Chartered Accountant)?

Ans. Yes, absolutely. B.Com is an excellent foundation for CA preparation. The course covers accounting principles and financial management which are essential for CA studies. Many Elphinstone B.Com graduates have successfully pursued and completed their CA qualification.

Ques. What subjects are covered in B.Com at Elphinstone College?

Ans. The B.Com curriculum covers subjects including Financial Accounting, Cost Accounting, Auditing, Business Law, Economics, Taxation, Business Management, and Information Technology. The course provides a comprehensive understanding of commerce and business principles.

Ques. Can I pursue higher studies like M.Com after B.Com from Elphinstone College?

Ans. Yes, B.Com provides an excellent foundation for pursuing M.Com (Master of Commerce) programs. Many graduates pursue M.Com from Elphinstone College or other prestigious institutions. The course also opens doors for MBA and other management programs.

Ques. What is the placement scenario for B.Com graduates from Elphinstone College?

Ans. The college has a dedicated placement cell that organizes campus recruitment drives. B.Com graduates are recruited by accounting firms, banks, financial institutions, and corporate organizations. The college maintains strong industry connections for placement opportunities.

Ques. How is the teaching methodology in B.Com at Elphinstone College?

Ans. The college employs a mix of lectures, case studies, practical assignments, and group discussions. Faculty members encourage practical learning through real-world business scenarios. The college organizes seminars by industry professionals and encourages participation in business competitions and projects.

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Why To Join Elphinstone College - Reviews & Rating

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Sagar

5.0Helpful

B.Com, General

Reviewed on Mar 5, 2025(Enrolled 2024)

Optimistic Review About College Life

Fees and Financial Aid:

Yearly my college takes about 1000 rs and i dont have any scholorship details my batchmates also have the same and the fees is not increasing yearly it remains the same and the fees for the complete course is 5000 rs.

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Ashish Valmiki

4.8

B.Com, General

Reviewed on Jul 4, 2024(Enrolled 2023)

Best IT College

Dislikes

the course is so heavy and so vast and you have to learn 8 to 10 hours to clear exam
There are some subjects in IT which I don't like to study because it's very boaring and hard
exam pattern is so hard and it comes with high question value

Fees and Financial Aid:

The fees structure for the IT is very low I guess the college which I have taken admission is government college which provide you best placement support, college hostel and fees structure according to private colleges

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Jigar

4.4

B.Com, General

Reviewed on Oct 16, 2020(Enrolled 2010)