Narsee Monjee College of Commerce & Economics is a leading college affiliated to Mumbai University. It was established in 1964 by Shri Vile Parle Kelavani Mandal (SVKM), a professionally managed trust with a large number of prestigious academic institutions, under its umbrella. SVKM is the brain child of leading industrialists and socially conscious philanthropists who wanted to contribute to the local area by founding educational institutions.