Are Narsee Monjee and NM Colleges different?

NM is the acronym for Narsee Monjee. There are two colleges that go by the name Narsee Monjee, i.e. Narsee Monjee College of Commerce and Economics and Narsee Monjee Institute of Management Studies.

Narsee Monjee College of Commerce and Economics is affiliated with Mumbai University whereas Narsee Monjee Institute of Management Studies (NMIMS) is deemed to be a university.

However, there are other colleges whose acronym is NM like Nirmala Memorial. In that case, NM wouldn't be indicating Narsee Monjee Institute.