Course Duration
2 YearsTuition Fees
8.31 Lakhs1 Year Fees
10.07 LakhsTotal Fees
20.87 Lakhsyear | Tuition Fees | Other Fees | Total Fees |
---|---|---|---|
year 1 | ₹ 831168 | ₹ 176234 | ₹ 10.07 Lakhs |
year 2 | ₹ 897661 | ₹ 182033 | ₹ 10.8 Lakhs |
Latest Update: KJ Somaiya MBA, MBA HCM & MBA SM Admission has begun. Interested Candidates can register on the official website on or before January 18, 2024 for the same. CAT 2023 Admit Card will be released on November 7, 2023, and the exam is scheduled for November 26, 2023
KJ Somaiya MBA (Master in Business Administration) is a Two-year, Full-time, Residential, Flagship Program. Candidates with a Bachelor’s Degree and Valid CAT / XAT / CMAT / GMAT / NMAT scores are eligible to apply for the Flagship Program.
KJ Somaiya MBA fees is INR 20.87 Lakhs. KJ Somaiya MBA CAT Cutoff is 83 Percentile while KJ Somaiya XAT Cutoff is 70 Percentile and CMAT Cutoff is 96 Percentile. KJ Somaiya MBA Seat Intake is 600.
Table of Content
Event | Dates |
---|---|
Last date for Submission of the Application Form for MBA | January 18, 2024 |
Shortlisting of candidates for GD-PI | February 07, 2024 (Tentative) |
Uploading of Documents | February 08, 2024 (Tentative) |
Slot Selection for Group Discussion and Personal Interview | February 08, 2024 - February 14, 2024 (Tentative) |
Uploading of Candidate Profile | February 08, 2024 - February 14, 2024 (Tentative) |
Group Discussion (GD) and Personal Interview (PI) - Online Process | February 21, 2024 - March 12, 2024 (Tentative) |
Offer Letter (Round 1) | April 01, 2024 (Tentative) |
Offer Letter (Round - 2) (Tentative) | April 12, 2024 (Tentative) |
Offer Letter for Supernumerary (NRI/ FN/ OCI/ CIWGC) and PwD Category | April 12, 2024 (Tentative) |
Offer Letter (Round - 3) (Tentative) | April 21, 2024 (Tentative) |
Offer Letter (Round - 4) (Tentative) | May 02, 2024 (Tentative) |
Inauguration of Program (Tentative) | June 17, 2024 (Tentative) |
Commencement of induction Program (Tentative) | June 18 - 25, 2024 (Tentative) |
Term 0 (Tentative) | June 26, 2023 - July 01, 2024 (Tentative) |
Program Commencement (Tentative) | July 03, 2024 (Tentative) |
CAT Dates | |
---|---|
CAT Registration Starts | August 2, 2023 |
CAT Registration Ends | September 20, 2023 |
CAT Admit Card | November 7, 2023 |
CAT Exam Date | November 26, 2023 |
XAT Dates | |
---|---|
XAT Registration Opens | July 15, 2023 |
XAT Registration Closes | November 30, 2023 |
Last Date for XAT Application through GMAT / GRE | December 31, 2023 |
XAT Exam Date | January 07, 2024 |
NMAT Dates | |
---|---|
NMAT Registration | August 1 - October 12, 2023 |
NMAT Scheduling | August 1 - October 21, 2023 |
NMAT Re-Scheduling | August 1 - December 16, 2023 |
NMAT Exam Dates | October 10 - December 19, 2023 |
NMAT Registration Retake | October 11 - December 16, 2023 |
NMAT Retake Scheduling | October 11 - December 16, 2023 |
NMAT Last Date for Scorecard Download | March 31, 2024 |
Institute Name | KJ Somaiya | Welingkar Mumbai | NMIMS Bangalore |
Fees | INR 20,87,096 | INR 14,00,000 | INR 18,04,000 |
Highest CTC | INR 22.50 LPA | INR 24 LPA | INR 19.70 LPA |
Average CTC | INR 12.28 LPA | INR 12.49 LPA | INR 14 LPA |
NIRF Ranking | 45 | 73 | - |
KJ Somaiya MBA Admission Process is as follows:
Step 1:
Candidates are Shortlisted based on their Entrance Exam Scores for Case-based Analysis and Personal Interview (GD - PI). The Cutoff for MBA is given below:
Entrance Exam | Cutoff 2023 |
---|---|
CAT | 83 - 85 Percentile |
XAT | 70 - 73 Percentile |
CMAT | 280 - 290 Score (96 - 98 Percentile) |
NMAT | 225 - 230 Score |
GMAT | 500 - 650 Score |
Step 2:
GD - PI Round is conducted for Shortlisted Candidates.
Step 3:
Final Selection is based on CAT / XAT / CMAT / NMAT / GMAT Scores, Overall Performance in Group Discussion and Personal Interview, Academic Profile, Work Experience and Written Ability Test.
Weightage to the Final Selection for MBA program is based on the following factors:
Components | Weightage |
---|---|
Entrance Exam Scores | 25% |
Personal Interview (Competency Based) | 25% |
Group Discussion (Competency Based) | 15% |
Academic Profile | 15% |
Written Ability Test (WAT) | 10% |
Work Experience | 10% |
Total | 100% |
Past Academic Records are calculated based on:
SSC / Class X; HSC / Class XII; Graduation | Marks |
---|---|
Less than 60% | 0 |
60% ≤ 69.99% | 1 |
70% ≤ 79.99% | 2 |
Above 80% | 3 |
Additional Qualification: Any PG / M.Phil: 1 Mark
Achievements are calculated based on:
Category | Marks | |
---|---|---|
Sports | State Level | 1 |
National Level | 1.5 | |
International Level | 2 | |
Extra - Curricular Activity | State Level | 1 |
National Level | 1.5 | |
International Level | 2 | |
Co - Curricular | Additional Qualification acquired from Certified Bodies | 2 |
Outstanding Achievements | Achievements other than Work Place | 2 |
Work Experience are calculated based on:
Work Experience in Years | Marks |
---|---|
<1 Years | 0 |
>=1 & <=2 Years | 6 |
>=2 & <=3 Years | 10 |
>=3 & <=4 Years | 6 |
>=4 & <=5 Years | 4 |
>5 Years | 2 |
KJ Somaiya MBA Applications are filled online on the official website. To fill the application form for the MBA program, check the steps below:
Particulars | 2023 |
---|---|
Number of Recruiters | 171 |
Highest CTC | INR 22.50 LPA |
Average CTC | INR 12.28 LPA |
Check KJ Somaiya Placements
Ranking Bodies | Year | Category |
---|---|---|
National Institutional Ranking Framework (NIRF) | 2023 | 45th in Management |
Indian Institutional Ranking Framework (IIRF) | 2023 | 20th in Management (Pvt.) |
Read More KJ Somaiya Ranking
Ques. What are the documents required to be submitted at the time of admission to the MBA course at KJ Somaiya?
Ans. Candidates must have to submit the following documents at the time of admission:
Ques. What do the NIRF and other rankings of KJ Somaiya Institute management have?
Ans. KJ Somaiya is one of the top 25 business schools among the public and private sectors in India. KJ Somaiya achieved the 45th NIRF ranking in 2023. According to the Time B schools ranking, it was ranked second in India and ranked first in Mumbai.
Ques. Is KJ Somaiya good for the MBA course?
Ans. It is one of the top business schools in India and also has prestigious placement records. The top companies visit the KJ Somaiya Institute, and the number of new recruiters is also increasing every year.
Ques. In how many specializations does KJ Somaiya Institute of Management offer the MBA program?
Ans. KJ Somaiya offers MBA in the specializations mentioned below:
Ques. What types of scholarships are available at K J Somaiya, and what are the basic criteria to get the scholarships?
Ans. Yes, it provides scholarships based on need, merit, special interest, subject, and research. The basic criteria are:
Total Fees
₹ 20,87,096Total Fees
₹ 20,87,096Total Fees
₹ 13,22,900Highest Placement | ₹ 28.3 Lakhs |
Top Companies |
Getting a GD-PI call from KJ Somaiya can be difficult. For PGDM, there are no minority seats. KJ Somaiya MBA cutoff 2022 details are as follows.
Entrance Examination | Expected Cutoff |
CAT 2021 | 83-85 Percentile |
XAT 2022 | 70-73 Percentile |
GMAT | 500-650 Score |
CMAT 2022 | 98 Percentile |
NMAT 2021 | 225-230 Score |
Other than the cutoff, KJ Somaiya considers past academics, extra-curricular activities, and past academics for shortlisting candidates.
TAPMI is considered to be much better than K J Somaiya. I can say this because my brother has completed his education from TAPMI and I have some friends who have studied in K J Somaiya.
Hence, TAPMI is better than K J Somaiya and deserves a better ranking in magazines and websites.
KJ Somaiys MBA in Operations Management isn’t worth pursuing if you have more than 39 months of experience. The career opportunities offered won’t do justice to your experience. It’s better if you look for better B-Schools. NITIE Mumbai can be a good option for you. You will be able to job opportunities according to your experience. NITIE Mumbai placements are great. According to the recent placement drive, the average CTC offered was INR 35.84 LPA.
KJ Somiya MBA in Healthcare Management has a good placement record. For the 2019-21 batch, the average and highest CTC for MBA HCM were INR 8 LPA and 16 LPA, respectively.
The umbrella placement allows students to appear for almost all companies visiting the placement drive, except for a few.
The placement scenario for K J Somaiya is pretty good. Big MNCs visit the campus but the probability of the students being selected or rejected depends on the student’s knowledge as well as their skill set.
The environment of K J Somaiya is very competitive. Students put in their best and work extremely hard to learn new things like programming languages, platforms, etc. It is because, by the end of the engineering degree, everybody lies at an equal level and is equally knowledgeable.
Category |
K J Somaiya |
Companies Visited |
Quikr, Hindustan Unilever, etc. |
Average Package |
5.57 Lakhs |
Highest Package |
18.76 lakhs |
Total Recruiters |
80 |
Total Offers |
611 |
Highest Recruiting Sector |
IT |
If you wish to grab the best package, you need to stand out and offer something unique from your end with regard to knowledge as well as personality. This stands true for all the other colleges as well, including IITs and VJTI.
If you are an exceptional student, you will be able to grab a good job irrespective of your college name. On the other hand, if you are an average student who is struggling to pass the subjects, then you will get an average package which would range around 25,000 per month or even worse, might not get a job at all.
My brother appeared for his interview last year. His GD PI was at the Vidyavihar campus in Mumbai in the first week of March. He was a little nervous when he walked into the auditorium, where so many people were waiting for their turn.
GD Round: There was a group of 10 people for a case-based discussion. He and the other candidates went into a room where they were provided with a case sheet by the faculty. In addition, they had three minutes to read and think about the case. After which each person would be given 1 minute to conclude.
His group got the case where the question was asked whether the funds allocated to ISRO should be used for other more important purposes. There have been some statistics on the current percentage of GDP allocated to ISRO for their projects and other information in paragraph or two. The discussion had a mix of all that.
One person was shouting that ISRO should not be given any money while some other people, including my brother, were saying that it would help to improve the image of India as a developing nation in terms of technology and eventually attract FDI. Another person used the statistics given in the case very wisely. The rest of the people were chipping in their points to stay in the discussion.
There are few things you must keep in mind:
PI Round:
After the GD he really wanted to do well in the PI because the discussion had not gone that well for him.
He knew that the first statement in most college interviews was 'Tell us about yourself.' So, he was already prepared to answer that question by including things that would give them clues as to the questions most favorable to him.
According to his expectations, for most of the interview, the 2-member panel asked him questions about the start-up and all. Other questions were based on general knowledge, such as "Who is Nandan Nilekani?" "What is he famous for?" and so on.
As a mechanical engineer, he was also prepared for the question of his choice to opt for the Financial Services program. The interview went exactly as he thought. He was satisfied with it, and he was pleased that he had most likely recovered the points he had lost in the GD.Being honest and smart made him crack his interview.
K J Somaiya Institute of Management is an autonomous college located in Mumbai. It is one of the top-rated business schools in India. Somaiya Institute is well known for its financial education. Their faculty members are good and cooperative. Their placement is also good, but accommodation is a bit costly.
The fee details of K J Somaiya Institute of Management is as follows:
Category |
A.Y. 2021-22 |
A.Y. 2022-23 |
Application Form Fee |
INR 2850 (+Applicable Transaction Charges) |
- |
Tuition Fees |
INR 6,47,350 |
INR 7,12,085 |
Development Fees |
INR 64,735 |
INR 71,209 |
Other Fees |
INR 59,700 |
INR 61,700 |
Caution Money |
INR 10,000 |
2,500 |
Total Fees |
INR 7,81,785 |
INR 8,47,494 |
This is the fee structure for MBA / IB / FS / RM / IMC / HCM / HR / SM/ DSA. For the rest of the details, you can check the K J Somaiya Institute of Management official website.
KJ Somaiya is better than FORE School of Management. FORE is mostly known in the Delhi NCR region. While KJ Somiya is well-recognized throughout the nation.
For freshers, FORE is a better option, especially in Marketing specialization. KJ Somiya has a better peer group with more experienced students. It is a good option for both Marketing and Finance.
KJ Somiya placements are pretty good. According to the 2022 placement report, the average CTC for the institute had been INR 10 LPA. Situated in Mumbai, KJ Somaiys will offer you better opportunities and exposure.
Having known some students of both these colleges, I can say that both the colleges are really good in terms of infrastructure, culture, and faculties. There are of course some differences too and for that let me share with you a few details.
Categories | MMS at SIMSREE | MMS at K J Somaiya |
Course Fee | 1.36 lakh | 3.24 lakh |
Highest CTC | 20 LPA | - |
Average CTC | 12 LPA | 8-9 LPA |
Recruiting Companies | American Express, Barclays, ITC, KPMG, etc. | Amazon, HUL, Deutsche Bank, Wipro, etc. |
It must be noted that PGDBM is not offered at SIMSREE rather the institute also offers MMS in affiliation with Mumbai University.
Also, while choosing between MMS at Sydenham and K J Somaiya, it is suggested that you talk to alumni of both colleges, which would definitely give you a clear idea.
For a PGDM FS, KJ Somaiya is the best option among these. The institute has a locational advantage since it is situated at the financial hub of the country, i.e. Mumbai. KJ Somaiya placements are great. According to the 2022 interim placement report, the average CTC offered to the students was INR 10.25 LPA, while the highest CTC offered was INR 26.50 LPA.
Between GIM and SIIB, the letter offers better industrial relations and better job roles in campus placements.