KJ Somaiya MBA offer letters were out on April 1, 2023. KJ Somaiya placements 2023 concluded with 100% placements. KJ Somaiya highest package stood at INR 22.5 LPA whereas KJ somaiya average package stood at INR 12.28 LPA.
KJ Somaiya MBA offer letters were out on April 1, 2023. KJ Somaiya placements 2023 concluded with 100% placements. KJ Somaiya highest package stood at INR 22.5 LPA whereas KJ somaiya average package stood at INR 12.28 LPA.
KJ Somaiya Institute of Management is a private business school, established in 1981, under the Somaiya Vidyavihar Mumbai University. KJ Somaiya was ranked 45th by NIRF 2023. KJ Somaiya MBA admissions are based on entrance exams like CAT/ XAT/ CMAT/ GMAT/ NMAT, followed by Group discussion and Personal Interview (GD-PI). KJ Somaiya MBA fees is INR 19.94 Lakhs for 2 years, excluding the boarding charges. KJ Somaiya MBA intake is 600.
Apart from the MBA program, KJ Somaiya offers PG-level courses, such as Executive MBA, MCA and a PhD program in management at the doctorate level. Admissions to the MCA program are done on the basis of the PERA-CET, MAH-MCA- CET and GATE scores, while PhD admissions are based on the PET exam conducted by the institute. KJ Somaiya placement 2023 concluded with 98% of the students being placed. KJ Somaiya highest package stood at INR 22.50 LPA whereas KJ Somaiya average package at INR 12.28 LPA.
Table of Content
The basic details about the KJ Somiaya are mentioned below:
Particulars | Statistics |
---|---|
Established Year | 1981 |
Campus Size | 60 acres |
Students Intake | 600 + Supernumerary seats (MBA) |
MBA Fees | INR 19,94,000 |
NIRF Ranking 2023 | 45 (Management) |
Number of Courses | 7 |
Total Faculty | 67 |
Scholarship | Financial aid available for those who are financially weak, those with a disability, wards of defence personnel disabled, or those representing state/ country in any recognized sports. |
Highest Package (2023) | INR 22.50 LPA |
Total Recruiters | 171 |
The important dates for all the KJ Somaiya courses are mentioned below:
MBA/ MBA-HCM/ MBA SM | |
---|---|
Last date for Submission of the Application Form for MBA/ MBA-HCM/ MBA-SM | January 18, 2024 |
Shortlisting of candidates for GD-PI | February 07, 2024 (Tentative) |
Profile-based shortlisting for MBA-HCM and MBA-SM | 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, 2024 - July 01, 2024 (Tentative) |
Program Commencement (Tentative) | July 03, 2024 (Tentative) |
Read More |
Courses | Fees |
---|---|
MBA | INR 19.94 Lakhs (2 years) |
MBA - HCM | |
MBA - SM | INR 12.6 Lakhs (2 years) |
EMBA | INR 10.41 Lakhs (15 months) |
MCA | INR 6.91 Lakhs (2 years) |
KJ Somaiya offers PG and Doctorate courses in the field of management. The highlights of some of the major courses are mentioned below:
Courses | Program Details |
---|---|
MBA | Intake: 600+ Supernumerary seats (MBA), 30 (MBA-HCM) Eligibility: Graduation with minimum 50% marks. Selection Criteria: CAT/ XAT/ CMAT/ GMAT/ NMAT + GD-PI |
MBA - HCM | |
MBA - SM | Intake: 40 Eligibility: Bachelor’s degree with 50% marks Selection Criteria: CAT/ MAT/ XAT/ NMAT + SOP + Personal Interview |
EMBA | Intake: 30 + 15% Supernumerary seats Eligibility: Bachelor’s degree and minimum 5-years of work experience. Selection Criteria: CAT/ XAT/ CMAT/ GMAT/ NMAT + SOP + Personal Interview |
MCA | Intake: 60 Eligibility: Graduation with Mathematics as one of the subjects and 50% marks in aggregate. Selection Criteria: MAH-MCA-CET/ PERA-CET/ CUET/ GATE |
Check: KJ Somaiya detailed Courses & Fees
KJ Somaiya MBA admissions are based on the entrance exam scores and the performance in the Personal Interview. The final admission is based on various parameters that include test scores, personal interviews, group discussions, past academic records, achievements, and work experience.
KJ Somaiya's admission process includes the following stages:
Admission Stage | Description |
---|---|
Application | Interested candidates can fill out the online application form at the official website of the institute. The candidates can apply for more than one program. |
Shortlist for GD-PI | The candidates will be shortlisted based on the test scores in CAT/ XAT/ CMAT/ GMAT/ NMAT. |
GD-PI | The shortlisted candidates will have to appear for a Group Discussion and an in-depth interview. |
Merit-list | The merit list of the selected candidates will be declared based on multiple parameters. |
Online Seat Allotment | Candidates will be offered a program based on their merit positions and the availability of the seats. |
Check: KJ Somaiya detailed Admission
KJ Somaiya accepts CAT, XAT, GMAT, NMAT, and CMAT scores for MBA admissions. The CAT cut-off for 2023 is expected to be around 83 - 85 percentile. The cut-off for other exams is as follows:
Entrance Exam | Expected Cut-Off |
---|---|
CAT | 83 - 85 percentile |
XAT | 70 - 73 percentile |
GMAT | 500 - 650 Score |
CMAT | 280 - 290 Score ( 96 -98 percentile) |
NMAT | 225 - 230 Score |
Check: KJ Somaiya detailed Cut-off
KJ Somaiya placements 2023 are still going on but till now a total of 171 recruiters have visited the campus. The job offers have been made by industries like BFSI, Consulting, IT & ITES, Manufacturing & FMCG. The average package stood at INR 12.28 LPA and the highest package stood at INR 22.50 LPA.
Particulars | Placement Statistics 2023 |
---|---|
Total Recruiters | 171 |
Highest CTC | INR 22.50 LPA |
Average CTC | INR 12.28 LPA |
Median CTC | INR 12.47 LPA |
Major Sectors | Banking, IT, and Financial Services |
KJ Somaiya placement statistics of the last 3 years are mentioned in the table below:
Year | Highest CTC | Average CTC |
---|---|---|
2022 | INR 26.50 LPA | INR 10.98 LPA |
2021 | INR 29.7 LPA | INR 9.4 LPA |
2020 | INR 28.5 LPA | INR 10.8 LPA |
Check: KJ Somaiya detailed Placement Report
KJ Somaiya has been ranked 45 by NIRF 2023 among the top management institutes in India. The other ranking of KJ Somaiya are mentioned below:
Ranking Body | Year | Category | Rank |
---|---|---|---|
NIRF | 2023 | Management | 45 |
IIRF | 2023 | Private B-School | 20 |
Check: KJ Somaiya detailed Ranking
A comparison among the top 3 management institutes i.e, KJ Somaiya, Welingkar, and TAPMI are mentioned below:
Particular | KJ Somaiya | Welingkar | TAPMI |
---|---|---|---|
NIRF Ranking 2023 | 45 | 73 | 41 |
Established Year | 1981 | 1977 | 1980 |
Campus Area | 60 acres | 3.9 acres | 44.11 acres |
Exams Accepted | CAT/ XAT/ CMAT/ GMAT/ NMAT | CAT/ XAT/ ATMA/ CMAT/ GMAT | CAT/ XAT/ NMAT/ GMAT |
Selection Process | Test Scores + CA-PI | Test Scores + Group Activity + PI + Academic performance + Work experience | Test Scores + GD + PI + Academic performance + Gender diversity |
MBA Intake | 600+ Supernumerary seats (MBA) | 180 | 420 |
CAT Cut-off | 83 - 85 percentile | 80 percentile | 85 percentile |
MBA Fees | INR 19,94,000 | INR 14,00,000 | INR 16,50,000 |
Highest CTC 2023 | INR 22.50 LPA | INR 24 LPA | INR 22.3 LPA |
Average CTC 2023 | INR 12.28 LPA | INR 12.49 LPA | INR 15.7 LPA |
Scholarship | Financial aid available for those with need, those with a disability, wards of defense personnel or for sports personal | Students can avail loans and scholarships only available for students selected for the students exchange program. | Merit-based scholarship available |
Life at KJ Somaiya is quite rigorous and hectic, with lots of work and study. The classes usually start at 9 am and end at 4 pm, on the initial days. Then the timetable shifts to 9 am -12 pm along with guest lectures. Exams are quite frequent with mid-terms and end terms every 45 days. Then there are class tests nearly every week, most of the time there are surprise tests. Along with the classes, the students have to work on projects and presentations. The institute is strict with the 75% attendance policy.
Read More: Life at KJ Somaiya
Ques. What is the fee for KJ Somaiya?
Ans. KJ Somaiya MBA fee is INR 19,94,000 for 2 years, excluding the boarding charges
Ques. What is the minimum percentile for KJ Somaiya?
Ans. The cut-off for admission into KJ Somaiya MBA program is as follows:
Entrance Exam | Expected Cut-Off |
---|---|
CAT | 83 - 85 percentile |
XAT | 70 - 73 percentile |
GMAT | 500 - 650 Score |
CMAT | 280 - 290 Score ( 96 -98 percentile) |
NMAT | 225 - 230 Score |
Ques. What is the highest package of KJ Somaiya?
Ans. The KJ Somaiya highest package was INR 22.50 LPA in 2023 placement.
Ques. How much percentage is required to apply to KJ Somaiya?
Ans. The candidates should have a minimum of 50% in their graduation to apply to KJ Somaiya.
Ques. What is the average package of the KJ Somaiya MBA program?
Ans. The average package of KJ Somaiya is INR 12.28 LPA in the 2023 placement drive.
Ques. Which exams does KJ Somaiya accept?
Ans. KJ Somaiya accepts CAT/ XAT/ CMAT/ GMAT/ NMAT exams for admission into the MBA program.
Ques. Is KJ Somaiya good for placements?
Ans. In the 2023 placement drive, a total of 171 recruiters visited the campus. The job offers have been made by industries like BFSI, Consulting, IT & ITES, Manufacturing & FMCG. The average package stood at INR 12.28 LPA and the highest package stood at INR 22.50 LPA.
Ques. How are hostels at KJ Somaiya?
Ans. KJ Somaiya has separate hostels for girls and boys, namely, MAITREYI and SANDIPANI respectively. Both these hostels are well equipped with facilities like internet, Laundromat, student mess, activity room, and well-equipped gym.
Ques. Does KJ Somaiya provide medical facilities within the campus?
Ans. KJ Somaily has a well-equipped medical room in the hostel and regular medical checkups of students are to be done to ensure they are mentally and physically fit. Also, the campus has highly trained and experienced doctors available on campus.
Ques. How is the library at KJ Somaiya?
Ans. KJ Somaiya has a fully computerized library spread over 7000 sq. ft., consisting of more than 91,000 books, Indian and international Periodicals, and online databases including CRISIL, CMIE, EBSCO, PROQUEST, WARC, etc.
Ques. What is the student-to-faculty ratio at KJ Somaiya?
Ans. The student-to-faculty ratio at KJ Somaiya is 1: 24.
Ques. Does KJ Somaiya provide scholarships to its students?
Ans. Yes, KJ Somaiya has limited scholarships that are provided to the following students:
Ques. How many seats does KJ Somaiya have for an MBA?
Ans. KJ Somaiya has 600 seats for MBA along with a few seats reserved for supernumerary for FN/ OCI/ CIWGC.
Ques. Is KJ Somaiya MBA a residential program?
Ans. No, the MBA program at KJ Somaiya is not a residential program. The students have the option to take the campus hostel or stay as day scholars.
Ques. Does the MBA program at KJ Somaiya include an internship?
Ans. Yes, the MBA program has an internship included in its curriculum at the end of the first year. The students will have to go for a 2-month internship.
Ques. What is the structure of the MBA program offered by KJ Somaiya?
Ans. The MBA program will be of 2 years with a holistic course curriculum. The first year will cover the Foundation courses in management and in the second year, the students will have an opportunity to specialize in one major and one minor area of their choice.
Ques. When will the students be able to choose their specialization?
Ans. The students will have to choose their major specialization after the 3rd trimester and it will be applicable for the entire second year. Whereas the minor specialization can be chosen after the 4th trimester and will be covered in the 5th and 6th trimesters.
Ques. What is the MBA-HCM program offered at KJ Somaiya?
Ans. KJ Somaiya MBA-HCM is a 2-year full-time MBA program in Healthcare Management, which prepares managers mainly in the field of the healthcare sector including the Hospital industry, Pharmaceuticals, Healthcare Consulting, Healthcare IT, Medical Devices, wellness and Fitness, Medical Insurance, etc.
Ques. What is the intake for MBA-HCM at KJ Somaiya?
Ans. The intake for MBA-HCM at KJ Somaiya is 30 seats.
Ques. Who is best suited for the MBA-HCM program at KJ Somaiya?
Ans. Anyone who has a graduate degree can pursue MBA-HCM. Although it is more suitable for graduates from healthcare backgrounds like pharmacy, biotech, dentistry, physiotherapy, etc..
Ques. What are the subjects included in the MBA-HCM curriculum at KJ Somaiya?
Ans. The MBA-HCM program will have all the management subjects like finance, marketing, operations, human resources, and organizational behaviour. Along with the management courses the MBA-HCM will cover courses like public health programs, pharmaceutical industry, hospital administration, epidemiology, etc.
Ques. Is KJ Somaiya MBA-SM different from MBA?
Ans. The KJ Somaiya MBA-SM is slightly different from the general MBA because along with the management courses it also includes special topics in sports. This program ensures that the students learn to plan, manage, execute, and monitor various sports-related programs. The program focuses mainly on building managerial talent in sports and sports-related industries, which is not included in other MBA programs.
Ques. How many seats are there in the KJ Somaiya MBA-SM program?
Ans. There are 30 seats available in the KJ Somaiya MBA-SM program.
Ques. What is the future score of the MBA-SM program offered by KJ Somaiya?
Ans. The MBA-SM graduate can find work opportunities in managing sports brands & properties, sports products retailing, sports medicine & nutrition, sports media management, sports journalism, managing health & fitness chains, managing fitness apps, etc.
Ques. Who is eligible to pursue MCA at KJ Somaiya?
Ans. Anyone who has completed a 2-year bachelor’s degree in any discipline, with mathematics as one of the subjects, and a minimum of 50% aggregate marks is eligible for the MCA program at KJ Somaiya.
Ques. What are the exams accepted by KJ Somaiya for admission into the MCA program?
Ans. KJ Somaiya accepted MAH-MCA-CET/ PERA-CET/ CUET/ GATE for admission into the MCA program.
Ques. Does KJ Somaiya offer placement assistance to MCA students?
Ans. Yes, placement assistance is offered to the MCA students at KJ Somaiya.
Ques. How is the placement for MCA at KJ Somaiya?
Ans. In 2022, 98% of the students were placed for internship and final placement. Around 44 recruiters visited the campus to hire the MCA students. The average package stood at INR 5.67 LPA and the highest package stood at INR 11.50 LPA.
Ques. Does KJ Somaiya offer placement assistance to Executive MBA students?
Ans. Yes, KJ Somaiya does offer placement assistance to the Executive MBA students. The average package of Executive MBA students in 2021 was INR 15.20 LPA.
Ques. What are the facilities available in the hostel?
Ans. The hostel facilities include a Student activity room, Paid laundry Service, Gymnasium, Table Tennis room, Night mess (works from 11 pm - 3 am), 24*7 Medical room, Common lounge area in each hostel, and Mess serving 4 meals a day.
1st Yr Fees
₹ 959,1001st Yr Fees
₹ 332,000Total Fees
₹ 1,041,0001st Yr Fees
₹ 165,0001st Yr Fees
₹ 128,000Event | Date |
---|---|
Inauguration of Programme (MCA) | Aug 21, 2024 |
Commencement of Induction Programme (MCA) | Aug 21, 2024 - Aug 23, 2024 (Tentative) |
Commencement of Semester I Classes (MCA) | Aug 24, 2024 (Tentative) |
Assistant Professor
Associate Professor
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Assistant Professor
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Professor
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.