H.R. College of Commerce and Economics

What H.R. College of Commerce and Economics does

H.R. College of Commerce and Economics is a private, non-profit higher education institution located at 123 Dinshaw Wachha Road, Churchgate, Mumbai, India. Originally established in Hyderabad Sind in 1945 and re-established in Mumbai on June 20, 1960, it now operates as the Lead Constituent College of Hyderabad (Sind) National Collegiate University (HSNCU), formed under the Maharashtra Public Universities Act, 2016. The college is governed by the Hyderabad (Sind) National Collegiate Board, which controls 16 affiliated educational institutions.

The college offers undergraduate programs (B.Com, BMS, BAF, BFM, BBI, BAMMC, and three B.Voc specializations), postgraduate programs (M.Com in Advanced Accounting, Banking & Finance, and Business Management), doctoral research in four disciplines, junior college (FYJC/SYJC), and short-term certificate courses in digital marketing, stock markets, Python programming, and entrepreneurship. Its technology stack comprises a biometric attendance system, a digital library with research databases, computer laboratories, and online examination/result management platforms. Differentiators include NAAC 'A' Grade accreditation (CGPA 3.72/4.0 in 2013, highest in India under the revised scheme), UGC autonomy granted in 2007 (a first in the 150-year history of the University of Mumbai), UGC 'College with Potential for Excellence' status, and ISO 9001/14001/50001 certifications.

The business model is tuition-driven across multiple program streams (subscription/recurring for degree programs and one-time fees for certificate courses), with supplementary revenue from prospectus sales and alumni contributions. Admission follows a direct-to-consumer model: the college uses merit-based selection through its own website and online portals, while junior college seats are allocated via the Maharashtra government FYJC portal to ensure minority and general category transparency. The college serves 6,000+ students with a reported perfect gender balance and operates a formalized alumni portal alongside an extensive network of student clubs and committees.

Name

H.R. College of Commerce and Economics

Legal name

Hassaram Rijhumal College of Commerce and Economics

Website

https://hrcollege.edu

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

51–100 employees

Short description

H.R. College of Commerce and Economics is a Mumbai-based, non-profit higher education institution offering undergraduate, postgraduate, doctoral, and certificate programs in commerce, accounting, finance, banking, and management. Operating as the Lead Constituent College of HSNC University, it serves 6,000+ students with NAAC 'A' Grade accreditation and UGC autonomy.

Ownership category

akta.pro rank

Product category

Higher Education (Commerce and Business Studies)

NAICS

Colleges, Universities, and Professional Schools (611310), Business Schools and Computer and Management Training (6114), Junior Colleges (6112)

SIC

Services-Educational Services (8200)

akta.pro industry

PRIMARYEDAHAHAD

Finance, Accounting & Economics Schools

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

SECONDARYEDAHAHAA

Undergraduate Business Schools (BBA/BSBA Programs)

Education/Higher Education (Colleges & Universities)/Business Schools & Management Institutes

SECONDARYEDAHADAE

Comprehensive Community Colleges (Transfer + Workforce)

Education/Higher Education (Colleges & Universities)/Community & Junior Colleges

SECONDARYEDAHADAC

Junior Colleges (Associate-Degree Granting)

Education/Higher Education (Colleges & Universities)/Community & Junior Colleges

SECONDARYEDAIAIAH

Professional & Executive Short Courses (Non-Degree, International)

Education/International Education & Study Abroad/International Summer/Winter Schools & Short-Term Academic Programs

Keywords

• Commerce education
• Undergraduate programs
• Postgraduate programs
• Vocational training
• Certificate courses

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Others

Revenue model

1. Tuition and Academic Fees: Revenue generated from undergraduate programs (B.Com, BMS, BAF, BFM, BBI, BAMMC, B.Voc), postgraduate programs (M.Com in Advanced Accounting, Banking & Finance, Business Management), junior college programs, and Ph.D. research programs. Fees are structured per program with annual billing.
2. Certificate and Professional Programs: Revenue from various certification courses including Digital Marketing, Stock Market, Python & Derivatives, and other skill development programs offered throughout the academic year.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

H.R. College of Commerce and Economics offers undergraduate degree programs (B.Com, BMS, BAF, BFM, BBI, BAMMC, B.Voc in Retail Management/Tourism & Hospitality/Wealth Management), postgraduate degrees (M.Com in Advanced Accounting, Banking & Finance, Business Management), Ph.D. research programs in four disciplines, and short-term certificate courses (Digital Marketing, Stock Market, Python & Derivatives). Junior College (FYJC/SYJC) programs are also offered for higher secondary commerce students.

Product overview

H.R. College of Commerce and Economics offers a comprehensive portfolio of educational programs spanning undergraduate, postgraduate, and doctoral levels, along with vocational and certificate courses. The undergraduate offerings include traditional commerce degrees (B.Com), management studies (BMS), accounting and finance (BAF), financial markets (BFM), banking and insurance (BBI), and multimedia communication (BAMMC), alongside vocational programs in retail management, tourism and hospitality, and wealth management under the B.Voc framework. Postgraduate education includes three M.Com specializations in Advanced Accounting, Banking and Finance, and Business Management. Doctoral research is available in Business Economics, Business Policy and Administration, English, and Geography and Environmental Management. Short-term certificate programs provide skills in digital marketing, entrepreneurship, stock market analysis, Python programming, and financial planning. The college operates under HSNC University and maintains NAAC 'A' grade accreditation.

Differentiator

Problem solved

Functional benefit

Products and services

• Bachelor of Commerce (B.Com) Undergraduate commerce program providing competencies in basic commerce disciplines including economics, accounting, business management, human resources, taxation, marketing management, and information technology. Targeted at students seeking foundational commerce education for careers in business and finance.
• Bachelor of Management Studies (BMS)

Quantifiable outcome

• Highest CGPA (3.72/4.0) achieved under NAAC revised scheme in India
• +3 more outcomes

Segments4 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core, major, supporting and legacy.

• Hyderabad (Sind) National Collegiate University (HSNCU)coreOthers · 30 October 2019HSNC University was established under Section 3(6) of the Maharashtra Public Universities Act, 2016 (Notification dated October 30, 2019). HR College is the Lead Constituent College of this university cluster, along with Kishinchand Chellaram College and Bombay Teachers' Training College as other constituent colleges.
• National Institute of Securities Markets (NISM)majorStrategic or Co-development PartnerCollaboration with NISM for stock market certification courses including 'Stalk the Stock' program and Python & Derivatives certification. Provides industry-recognized credentials and practical market exposure through mock trading simulations.
• NPTEL/SWAYAM (MOOCS)supportingTechnology or IntegrationIntegration with Government of India's online education platforms for NPTEL and SWAYAM MOOCS courses as part of curriculum under National Education Policy. Helps students develop self-study habits and technological learning skills.
• University of MumbailegacyOthersFormer affiliation (since 1960) before becoming a constituent college of HSNC University. Maintains collaborative relationship through academic programs and recognition.
• Industry Experts and Corporate SectormajorStrategic or Co-development PartnerCorporate partnerships for curriculum input, internship facilitation, guest lectures, and placement opportunities. Emphasis on academia-industry linkages as highlighted in college mission and vision.

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Narsee Monjee College of Commerce and Economics: Mumbai-based commerce and economics college with overlapping UG/PG program offerings, competing head-to-head with HR College for top commerce students in the city.
• Jai Hind College: Mumbai-based autonomous college offering B.Com, BMS, BAF, BFM, and BBI programs with a strong brand legacy. Competes directly with HR College for top-tier students and rankings.
• R.P. Podar College of Commerce and Economics: Mumbai commerce and economics college with NAAC accreditation, directly competing with HR College for UG and PG students in commerce streams.
• Kishinchand Chellaram College (K.C. College): Sister constituent college under HSNC University alongside HR College. Offers similar B.Com, BMS, BAF, and BBI programs, directly comparable in curriculum, accreditation status, and admissions pool.
• Sydenham College of Commerce and Economics: Mumbai's oldest commerce college, affiliated with the University of Mumbai. Offers B.Com, BMS, and PG programs in commerce and economics, directly competing with HR College for the same merit-based student pool in Mumbai.
• Mithibai College: Mumbai-based NAAC-accredited college offering B.Com, BMS, and BAF programs. Comparable in scale, accreditation profile, and target student segments to HR College.
• Ramniranjan Jhunjhunwala College: Mumbai-based autonomous college with strong commerce and management programs. Direct competitor in the Mumbai UG commerce admissions market.

Broad incumbents

• St. Xavier's College, Mumbai: Premier autonomous college in Mumbai with NAAC A++ accreditation, offering commerce and business programs alongside arts and sciences. Higher-ranked broad incumbent competing for top students.
• NMIMS (Narsee Monjee Institute of Management Studies): Broader higher education group spanning UG, PG, and Ph.D. management programs. Not a direct same-campus peer, but a scaled, established incumbent in the Mumbai commerce/management education space.

Regional players

• Loyola College, Chennai: Top-ranked commerce and business education institution in South India with NAAC A++ accreditation. Comparable in scale and accreditation tier but operating in a different geography.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/school/hr-college-of-commerce-economics
• Instagraminstagram.com/hrcollegeofficial
• Xx.com/hr_college

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about H.R. College of Commerce and Economics