SIMSREE MMS admissions are based on MAH CET exam. Candidates who faced technical glitches and need to reappear for MAH_MBA/MMS-CET 2023 exam can take a re-examination on April 30, 2023.
SIMSREE MMS admissions are based on MAH CET exam. Candidates who faced technical glitches and need to reappear for MAH_MBA/MMS-CET 2023 exam can take a re-examination on April 30, 2023.
SIMSREE (Sydenham Institute of Management Studies, Research and Entrepreneurship Education), established in 1983, is a government management institute, operated by the Government of Maharashtra. It is affiliated to Mumbai University and approved by AICTE. SIMSREE has been ranked 25th by IIRF 2024. SIMSREE is known for its flagship MMS program, and admission is done through DTE.
SIMSREE MMS admissions are based on the MAH-CET/ CAT/ CMAT exam, followed by a DTE CAP round for seat allocation. The SIMSREE cut-off is expected to be 99.6 percentile in 2024. The MMS fees is INR 67,000 per year and the average package stood at INR 15 LPA and the highest package at INR 21 LPA in the recent placement drive.
Table of Content
The basic details of SIMREE are mentioned in the table below:
Year of Establishment | 1983 |
Students Intake | 180 (MMS) |
MMS Fees | INR 1.34 lakhs |
Ranking | Crisil AAA*** |
Total Faculty | 15 (Core Faculties) |
Highest Package | INR 21 LPA |
Top Recruiters | CARE ratings, Edelweiss, Goldman Sachs, Lakme L including CARE ratings, Edelweiss, Goldman Sachs, Lakme Lever, Mercer & Morgan ever, Mercer & Morgan Stanley, etc. |
SIMSREE MMS fees is INR 1.34 lakhs for 2 years. The following table represents the SIMSREE course wise fees:
Courses | Fees (per year) |
---|---|
MMS | INR 67000 |
MFM | INR 51000 |
MMM | INR 51000 |
SIMSREE offers a full-time program in Masters of Management Studies (MMS). SIMREE also offers part-time courses in Masters in Financial Management (MFM) and Master’s in Marketing Management (MMM). The highlights of all the courses are mentioned below:
Courses | Duration | Program Details |
---|---|---|
MMS | 2 Years (Full-Time) | Intake: 180 Eligibility: Bachelor’s degree with 50% marks (45% for candidates with Maharashtra domicile and belonging to a reserved category) Selection Criteria: MAH-CET/ CAT/ MAT/ XAT/ CMAT + CAP |
MFM | 3 Years (Part-Time) | Intake: MFM - 30; MMM - 30 Eligibility: Bachelor’s degree and 2 years of work experience Selection Criteria: Group Discussion + Personal Interview |
MMM | ||
SIMSREE detailed Courses & Fees |
SIMSREE admission into the full-time MMS program is based on the state-level entrance examination, MAH-CET. The institute also accepts scores of national-level exams like CAT, CMAT, etc.
The admission stages involved in the SIMSREE admission are as follows:
Admission Stage | Description |
---|---|
MAH-CET Exam | Interested candidates will have to appear for the MAH-CET exam or national-level exams like CAT/ CMAT. |
Apply to DTE | After the MAH-CET results are announced, the candidates will have to apply to the admission process of DTE. |
CAP Rounds | The candidates will be selected and the seat allocation will be done during the CAP rounds, on the basis of the entrance exam scores. |
Merit List | The merit list of the selected candidates will be released by the DTE itself. |
SIMSREE detailed Admission |
The MAH-CET cut-off for SIMSREE is expected to be 99.97 percentile for Round 1. The MAH-CET cut-off for other exams is as follows:
Exams | Cut-Off (Expected) |
---|---|
MAH-CET | 99.97 |
CAT | 99.96 |
CMAT | 99.96 |
Check: SIMSREE detailed Cut-off |
SIMSREE placements 2023 concluded with highest package of INR 21 LPA and the average package stood at INR 15 LPA. The 2023 placement highlights are as follows:
Particulars | Placement Statistics 2023 |
---|---|
Highest CTC | INR 21 LPA |
Average CTC | INR 15 LPA |
Placement % | 100% |
Frequently visited companies | 150 |
Top Companies | 75 |
Recruiters | CARE ratings, Edelweiss, Goldman Sachs, Lakme L including CARE ratings, Edelweiss, Goldman Sachs, Lakme Lever, Mercer & Morgan ever, Mercer & Morgan Stanley, etc. |
The placement statistics for the last 3 years are as follows:
Placements Year | Highest Package | Average Package |
---|---|---|
2023 | INR 21 LPA | INR 15 LPA |
2022 | INR 23.50 LPA | INR 13.33 LPA |
2021 | INR 25 LPA | INR 12.3 LPA |
SIMSREE has been ranked 25th by IIRF 2024, among the top B-Schools in India. It has also been ranked 35th by Business Today 2023, among the Best Government B-Schools.
Ranking Body | Year | Category | Rank |
---|---|---|---|
IIRF | 2024 | Best B-School (Govt.) | 25 |
IIRF | 2023 | Best B-School (Govt.) | 25 |
Business Today | 2023 | Top B-Schools | 35 |
A comparison among some of the top B-Schools i.e. SIMSREE, Great Lakes Gurgaon, and JBIMS are as follows:
Particulars | SIMSREE | Great Lakes Gurgaon | JBIMS |
---|---|---|---|
Established | 1983 | 2010 | 1965 |
Ranking | 25 (IIRF 2024) | 62 (NIRF 2023) | 10 (Outlook 2023) |
Campus Area | 1 Acres | 7.5 Acres | 1.77 Acres |
Batch Size | 205 (MMS) | 180 | 150 -160 |
MBA Fees | INR 1.34 lakhs | 17.25 Lakhs | INR 6.10 lakhs |
Admission Process | MAH-CET/ CAT/ CMAT + CAP through DTE | CAT/ XAT/ CMAT+ Personal Interview | MAH-CET/ CAT/ CMAT + CAP through DTE |
Cut-off | 99.97 percentile | 80 percentile | 99.93 percentile |
Highest CTC | INR 21 LPA | INR 33.3 LPA | INR 35.75 LPA |
Average CTC | INR 15 LPA | INR 15.8 LPA | INR 28.02 LPA |
Scholarship | All state and Central government scholarship | No scholarships are available. | Available on Merit-basis |
Life at SIMSREE is rigorous with classes starting at 8 AM in the morning and can go up to 9 PM. The day includes both academic and non-academic (guest lectures) lectures. SIMSREE has a student-driven culture. Every month there are a number of committee-related activities, guest lectures, events, and competitions. There are only 205 students in every batch and 12 committees in total. So there is a high chance for every student to be a part of the committee of his/her interest.
SIMSREE has hostel facilities for both male and female students but is only for students who are not from Mumbai. There are 2 boys hostels and 1 girls hostel with high standard facilities.
Ques. What is SIMSREE famous for?
Ans. SIMSREE is a government management institute, that is famous for offering a low-cost MMS program.
Ques. Is SIMSREE government of Private?
Ans. SIMSREE is a government institute operated by the Government of Maharashtra.
Ques. What is the rank of SIMSREE in India?
Ans. SIMSREE has been ranked 25th by IIRF 2024, among the Best Government B-Schools in India. It has also been ranked 35th by Business Today Ranking 2023, among the top B-Schools.
Ques. What are the courses offered by SIMSREE?
Ans. SIMSREE offers 4 courses, a full-time MMS program, 2 part–time courses MFM and MMM, and a PhD program.
Ques. What are the fees of SIMSREE?
Ans. The SIMSREE fee for the full-time MMS program is INR 1.34 lakhs for 2 years.
Ques. What is the average salary in SIMSREE?
Ans. The average package at SIMSREE stood at INR 15 LPA, during the 2023 placement drive.
Ques. Is there any increase in the average package of SIMSREE?
Ans. Yes, the average package of SIMSREE increases every year. In 2022 the average package was INR 13.33 LPA and it increased to INR 15.19 LPA in 2023.
Ques. Does SIMSREE accept CAT scores?
Ans. Yes, SIMSREE does accept CAT scores and other national exams like CMAT. The CAT cutoff for SIMSREE is 99.95 percentile.
Ques. What is the highest package of SIMSREE?
Ans. The highest package of SIMSREE stood at INR 21 LPA during the 2023 placement drive.
Ques. Can I take direct admission to SIMSREE?
Ans. No, admission at SIMSREE is purely based on merit. The candidates are selected based on their performance in the MAH-CET/ CAT/ CMAT exams. There is no management quota for direct admission to SIMSREE.
Ques. What are the exams accepted by SIMSREE?
Ans. SIMSREE admissions are usually based on the MAH-CET exam. The institute also accepts scores of national-level entrance exams like CAT/ CMAT.
Ques. Is SIMSREE good for an MBA?
Ans. Yes, SIMSREE is one of the top MBA colleges in Mumbai, It has been ranked 35th among the top B-Schools by Business Today Ranking 2023. The fee for a 2-year MMS is INR 1.34 lakhs, whereas the average package offered at SIMSREE is INR 15 LPA.
Ques. How is the SIMSREE MMS program different from the MBA?
Ans. MBA programs are generally more comprehensive and cover a broader range of business topics, including finance, marketing, human resources, operations, and strategy. On the other hand, MMS programs are more focused and typically cover a narrower range of subjects, such as management, leadership, and entrepreneurship.
Ques. What is the cutoff for SIMSREE?
Ans. The 2023 Round 1 cut-off for SIMSREE was 99.97 percentile and the Round 2 cutoff was 99.96 percentile.
Ques. Can a non-Maharashtrian get admission to SIMSREE?
Ans. Yes, a candidate who does not have a Maharashtra domicile is also eligible to apply for SIMSREE. There are separate quotas for Maharashtra candidates and the non-Maharstra candidates and the cut-off also differs for both quotas.
Ques. How many seats are there in SIMSREE?
Ans. SIMSREE offers 180 seats for the MMS program.
Ques. Who is eligible to apply for SIMSREE?
Ans. The candidates who have completed a graduation with minimum 50% marks, in any field are eligible to apply for the MMS program at SIMSREE.
Ques. What is the admission process for SIMSREE Mumbai?
Ans. SIMSREE Mumbai admission process includes appearing for entrance examinations like MAH-CET/ CAT/ CMAT, followed by a CAP round conducted by DTE.
Ques. Among SIMSREE and JBIMS, which institute has a lower fee for MMS?
Ans. SIMSREE MMS fees are lower when compared to the JBIMS MMS fees. The SIMSREE MMS fee is INR 1.34 lakhs for 2 years and the JBIMS fee is INR 6.10 lakhs for 2 years.
Ques. Will it be possible to apply for admission at SIMSREE, without appearing in the MAH-CET exam?
Ans. Yes, if the candidates have appeared for any other national examination like CAT/ CMAT, then they can apply to SIMSREE without appearing for MAH-CET.
Ques. What is the CAT cutoff for SIMSREE?
Ans. The CAT cutoff for SIMSREE Mumbai is 99.96 percentile.
Ques. What is the CMAT cutoff for SIMSREE?
Ans. The CMAT cutoff for SIMSREE is 99.96 percentile.
Ques. What is the eligibility to apply for the part-time executive courses at SIMSREE?
Ans. The candidates who have completed graduation and has a 2 years of work experience are eligible to apply for the part-time executive courses at SIMSREE.
Ques. What is the duration of the part-time courses at SIMSREE?
Ans. The part-time courses offered by SIMSREE i.e. MFM and MMM are of 3-year duration.
Ques. How many seats are available for the part-time courses at SIMSREE?
Ans. Each of the part-time courses i.e. MFM and MMM has 30 seats
Ques. What is the admission process for the part-time courses at SIMSREE?
Ans. The admission into the part-time courses at SIMSREE is based on group discussion and a personal interview.
Ques. How many seats are there for the PhD program at SIMSREE?
Ans. There are 30 seats for the PhD program at SIMSREE.
Ques. What are the exams accepted by SIMSREE for PhD admission?
Ans. JRF and PET are the exams accepted by SIMSREE for PhD admissions.
Ques. Who are the top recruiters who visited SIMSREE during the 2023 placement drive?
Ans. Some of the top recruiters who visited SIMSREE during the 2023 placement drive include Axis Bank, Barclays, Citicorp, Deloitte, Deutsche Bank, GEP, Goldman Sachs, HDFC Bank, ICICI Bank, ICICI Prudential, IDFC First Bank, Infosys, Lakme Lever, Marsh, Morgan Stanley, Piramal Group, PwC & Wipro.
Ques. What is the gender ratio at SIMSREE?
Ans. The male-to-female ratio at SIMSREE is 3:1. The last 2021-23 batch consisted of 75% male students and 25% female students.
Ques. What is the average percentage of freshers admitted to SIMSREE?
Ans. In the SIMSREE 2021-23 batch, around 46% of the batch were freshers.
Ques. How many recruiters visited SIMSREE during the 2023 placement drive?
Ans. A total of 72 recruiters visited SIMSREE during the 2023 placement drive, and among them, 32 were new recruiters.
Top Courses | 1st Year Fees | Total Fees | Eligibility | Ranking | Application Dates |
---|---|---|---|---|---|
Ph.D. (Management Studies) | ₹11,842 | 35,525 | Post Graduation | 25 out of 46 by IIRFView More | - |
₹67,000 | 1.34 Lakhs | Graduation | 25 out of 46 by IIRFView More | 11 Jan - 22 Jul 2024 |
Top Courses | 1st Year Fees | Total Fees | Eligibility | Ranking | Application Dates |
---|---|---|---|---|---|
Master in Financial Management [MFM] +1 More Courses | ₹51,000 | 1.53 Lakhs | Graduation | 25 out of 46 by IIRFView More | 11 Jan - 22 Jul 2024 |
1st Yr Fees
₹ 67,0001st Yr Fees
₹ 51,0001st Yr Fees
₹ 13,325Assistant Professor, Department of Management
Faculty Member
Assistant Professor ,Department of Finance
Professor and HOD , Department of Marketing and Research
Head Examinations and Associate Professor
Faculty Member
Faculty Member
Faculty Member
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.
Having to know some people studying at both Simsree and K J Somaiya and here are some things that you should know. They both are equally good.
Irrespective of where you go, your responsibility is to get better, participate in competitions, do certifications, and improve yourself holistically. The institute cannot impose anything if you have no intention of doing it.
SIMSREE is ranked differently on various websites. You do not have to follow these rankings. Both institutions are equally good.
One of my friends is studying at SIMSREE and said its MMS program is better than Somaiya. For PG, Somaiya is better because of its diversity.
Therefore, college rankings are not always correct. SIMSREE is still better than most of the Management institutes that provide quality education to students.
Any typical day at JBIMS depends on your workload and the ongoing semester. The duration of lectures is 3 hours with a small break. The lectures take place in the following shifts
There might be one, two, or three lectures depending on your course. Another set of events that constitute a major part of your day is committee-related events like competitions. Apart from that you are always busy preparing for your presentations and assignments. Attending guest lectures is mandatory and no one can evade them.
The first semester is the busiest as it’s packed with induction, committee election, summer placements, and lectures. You won’t be able to sleep more than 4-5 hours a day and then soon adapt to the strenuous college life.
Here's a closer look at each of these institutions:
Among the four B-schools mentioned, JBIMS has the strongest placement record, followed by XIMB, then MICA, and finally SIMSREE.
There is a difference between JBIMS and Sydenham, and it is important to understand it from different viewpoints.
Regarding student admission, the process is the same every year. If someone scores 99.9 or above, they will be admitted to JBIMS, while someone with a score of 99.8 will be admitted to Sydenham. The difference between 99.8 and 99.9 in terms of ability and aptitude is negligible, with only a few more questions answered correctly on a particular day making the difference. Thus, the difference between the top students of JBIMS and the top students of Sydenham is barely perceptible.
JBIMS has been consistently ranked among the top institutions for a long time and is likely to maintain this position. It is not likely that Sydenham will surpass JBIMS in the rankings. If JBIMS leaves the CET centralized process, Sydenham will become the top institute purely through CET.
There is a difference in the environment between the two institutions. JBIMS stands out from other MMS-offering institutes due to the work its alumni have done in the industry and the fact that some of its professors only teach at JBIMS. This may be the reason why 4-5 students from SIMSREE take the CET again each year to try for admission to JBIMS.
It is important to consider whether the tag of the institution will define you. The tag of the institution only matters for a few years, providing a head-start, but it is what you do with it in the entire career that depends on you. It is recommended to identify yourself within two years and strive to be better than the crowd, academically and in terms of internships and certifications.
If there is even 1% doubt that you cannot make it in the next admission attempt, it is advisable to evaluate your current situation, your goals, and how JBIMS or Sydenham fits into your plan.
When considering MBA colleges in India, Sydenham (SIMSREE) should definitely be on your list. It is one of the most underrated colleges and has several advantages over more popular colleges like NMIMS.
First, let's look at the ROI. Sydenham has a median CTC above 10 LPA and the total course fee is only 1.4 lakhs. This makes it a great investment, especially since it's the only government institute in Maharashtra that offers an MBA. And for category students, there is almost no course fee!
Next, the faculty at Sydenham is amazing. You will be taught by some of the best in the industry, including one of the Directors of RBI, the President of Finance, GM Strategy, and GM Retail of many MNCs. These are the core faculty at Sydenham.
The illustrious alumni of Sydenham are another advantage. Founders of BookmyShow, CEOs of Raymond, Citi Malaysia, Chief South Business, Disney, Head Operations Lamborghini India, and many more have done an MBA from Sydenham.
One thing that sets Sydenham apart is its student-driven culture. The college is of the students, by the students, and for the students. Students are involved in the administration of the college and events, which gives you hands-on experience in managing an institute before actually starting a corporate job.
Finally, the location of Sydenham is excellent. It is located at Churchgate, in the heart of the financial capital Mumbai. This gives you immense exposure to guest lectures, which is very critical. Also, for non-Mumbai students, you can be at Marine Drive whenever you want by paying negligible fees at the Government College's Hostel.
In conclusion, if you're looking for an MBA college in India, you should definitely consider Sydenham. It has great ROI, amazing faculty, illustrious alumni, a student-driven culture, and an excellent location.
MBA admission in Indian B Schools is a fairly weird process in comparison to that of foreign B Schools. In India, the admission process requires a candidate to have some work experience and in certain B-schools, it even carries a certain weightage. But during Final Placements, this scenario changes entirely as the recruiters prefer freshers over experienced candidates. The major reasons for this contrast are:
Recruiters are looking for candidates with work experience of not more than 11-12 months. Honestly, this strategy is illogical as a person with more work experience is bound to excel much better than a fresher, and restricting him from getting a job just because they cannot be exploited to the fullest extent is a bit cruel.
The scenario is pretty much the opposite in foreign countries that prefer MBA candidates with work experience only. This is because in India MBA is considered a way to become more employable or earn a fatter cheque. Whereas in the West, it is a means to upgrade your career and take it to new heights. The entire concept of MBA is at fault in India thereby this illogical strategy.
In my opinion, MBA candidates should have a work experience of at least 1 year, only then they can harness the MBA program to the fullest and not approach it just as a source of placements.
Not having your 12th standard marks listed on your resume may result in missing out on some companies that have a graduation/12th standard percentage as part of their screening criteria. However, there are not many companies that consider this as a criterion.
Not having your 12th standard marks listed on your resume will not render you jobless.
A requirement for past academic records is only used for initial screening purposes by some companies. The companies that move forward with you for subsequent rounds of evaluations, such as group discussions and personal interviews, evaluate you based on your performance in these rounds.
It is important to note that if a company does not choose you, despite your excellent performance in the interviews, simply because of your previous academic records, it is the company that misses out, not you.
As a potential student, you should be aware of the establishment years of the preferred institutes in Mumbai. The following are the establishment years of the institutes in Mumbai:
It is important to note that this list only includes pure B-schools and excludes TISS for Social Sciences (1936) and NITIE for Industrial Engineering (1963).
Establishment year is not necessarily an indicator of the worth or popularity of an institute, as demonstrated by the relatively young Indian School of Business (ISB) which has gained a strong reputation in just 22 years. However, a longer establishment period can provide an institute with a head start, a larger alumni base, and increased brand awareness.
In terms of the admission process, the establishment year of an institute is not a determining factor. This year, the process was the same for all institutes, with students admitted based on their score on the Common Entrance Test (CET). A score of 99.85+ would generally get you into JBIMS, while a score of 99.8 might result in admission to Sydenham. The difference between these scores is negligible and does not necessarily indicate a difference in ability or aptitude.
JBIMS has maintained a strong ranking for a long time and is expected to continue to do so in the future. It is unlikely that Sydenham will surpass JBIMS in terms of ranking. However, if JBIMS were to move away from the CET centralized process, Sydenham would likely become the top institute based on CET scores alone.
There are some differences in the environment and atmosphere at JBIMS versus other MMS offering institutes. JBIMS has a unique reputation, which is partially due to the work of its alumni in the industry, and partially due to the fact that some professors only teach at JBIMS and do not teach at other institutes. As a result, each year, several students from SIMSREE take the CET again in an attempt to get into JBIMS.
Ultimately, what matters most is what you do with your admission to an institute, rather than the institute itself. Getting into JBIMS and not performing well in life is not meaningful. Instead, you should focus on identifying yourself within two years and becoming better than the crowd, regardless of the institute you attend. Whether at JBIMS or Sydenham, you can strive to be at the top of your academic game, take on internships, and pursue certifications to enhance your career prospects. The tag of your institute may matter for a few years, but it is ultimately up to you to make the most of your corporate career.