Should I join K J Somaiya PGDM FS or FORE PGDM?
Posted On - Apr 9, 2021FORE and KJ Somaiya are both excellent. The curriculum is designed in consultation with industry leaders and the growing demands of the industry as an ongoing process at FORE, making it relevant to the workplace. FORE has a strong connection with the corporate world and is a preferred destination for recruiters because it provides value to the recruiter as well. The average CTC offered by both institutes is nearly identical - FORE: INR 14.04 LPA & KJS: INR 12.28 LPA.
If you are not from Mumbai, you must also consider the cost of living. Delhi/NCR is always less expensive than Mumbai.
One of my friends studied in K J Somaiya and knowing a lot about his experiences, I feel I am eligible to answer this question. Though my perception and yours might differ largely, the decision actually depends on each individual.
Being a specialization course it has a great demand among potential candidates. It is a 2-year program making students well aware of the core finance associated subjects and business fundamentals, giving them an upper hand in the subject over any other colleges.
These factors will let you make an informed decision -
- Faculty - One of the best things about this institution is its faculty members, which include many stalwarts from the business fields., most of them being PhD holders. They have a realistic approach, insightful, and have a cordial approach towards the students.
- Case Studies - More than 250 standard Harvard Business Review cases provide you with the knowledge of real-life dealings, which will be further necessary to you while in the corporate world.
- Modern and Updated Technology - They have a Bloomberg lab with online submissions facilities, Databases like EBSCO and Euromonitor are also available to the students for easy usage in data analysis.
- Student-Driven Committees - There are 26 student committees that vary in different genres and styles, catering to every student's interests. These range from Drama, Sports to Training Programs as well.
- Placements - Mumbai being the financial capital, get a location advantage. Students are provided with seminars, internships, and industry visits conducted by some of the companies based nearby.
The following table gives you the basic details of both the institutes.
|
Category |
K J Somaiya (PGDM FS) |
FORE School of Management (PGDM) |
|
Fees |
INR 7.81 Lakhs |
INR 15.98 Lakhs |
|
Duration |
2 Years |
2 Years |
|
Recruiters |
PUMA, Aditya Birla Group, Dell, GULF, Deloitte, Piramal, etc. |
ITC, Nestle, Asian Paints, Hindustan Unilever Limited, Bacardi, United Biscuits, etc. |
|
Average Package |
INR 10.5 LPA |
INR 10.6 LPA |
|
Highest Package |
INR 27.50 LPA |
INR 30 LPA |
Somaiya Institute is well known for its financial education. Its faculty is also good as Mumbai’s based top CA’s are visiting faculty in Somaiya. Its placement is also good, but accommodation is a bit costly.
Therefore, between these two institutes, you can choose K J Somaiya Institute of Management as most of the financial experts and recruiters to prefer Somaiya Institute over FORE School of Management for recruitment.
