KJ Somaiya Institute of Management, Mumbai - Scholarship Details

Mumbai, Maharashtra AICTE, NBA, AIU, AACSB Estd 1981 MU, Mumbai Private 56 Questions Answered Ranked 56 For MBA By NIRF 2020 +7 more

KJ Somaiya Institute of Management, Mumbai : 56 answered questions

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Ques. Which will be better, KJ Somaiya PGDM Core or IMI Delhi PGDM for Finance?

● Top Answer By Aarushi Kalra on 22 Apr 21

Ans. IMI Delhi is a better option than KJ Somaiya. And here are some of the supporting reasons for the same. IMI Delhi is a premier global management institution. It has climbed the ladder of success from the past 40 years. IMI Delhi has been ranked 28 for MBA by NIRF 2020. IMI Delhi offers programs in post-graduate management and doctoral courses in various specializations. It also has international linkages with many global institutions across the USA, Europe, Russia, China, and Pakistan. It is also the first business school in India that is sponsored by well-known corporate companies such as nestle and SAIL. There are two specializations in the flagship program of PGDM- PGDM HRM and PGDM B&FS. It is AICTE approved and accredited by NBA and AMBA. The curriculum followed in IMI Delhi focuses on imparting functional and specialized knowledge. This helps in making a strong base among students. It imparts a global perspective and incorporates leadership skills in them. The course has learning objectives such as problem framing, problem-solving, critical thinking, and written and oral communication. The students of IMI Delhi are well-groomed to innovate their academic learning and enhance their extracurricular activities as well. The location of IMI Delhi serves as an advantage. The placement data is given below. Highest CTC offered INR 22 LPA Average CTC offered INR 13 LPA Top recruiters American express, axis bank, Accenture, Tata motors, Amazon IMI Delhi observed more than 90% placement records in the recent placement drive. More than 86 recruiting companies visited the campus for placements.Read more
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Ques. Which college is better for an MBA, KJ Somaiya or SIBM Bangalore?

● Top Answer By Rhythm Jain on 22 Apr 21

Ans. Here are some of the first-hand experiences of students that make KJ Somaiya stand out among other institutes including IMI Delhi. The table below shows a brief overview of the MBA program offered by both institutes. Parameters  KJ Somaiya  SIBM Bangalore Average CTC 10.08 LPA 10.26 LPA Course Fee 16.29 lakhs 16.20 lakhs About: K J Somaiya is approved by AICTE and NBA, also a member of AACSB. It has a legacy of more than three decades that the brand holds is incomparable. There are a number of college committees that will help to gain leadership skills. Location: Mumbai is well known as the financial capital. There are a large number of companies. Future opportunities such as live projects, summer internships, and final placements are easier to find. These things can be confirmed after looking at the placement scenarios over here. There are a variety of companies visiting the college for placements. Alumni: The course at KJSIM is 3 years older than SIBM Bangalore. So, it has a larger alumni network.  Going by the above factors, it is advisable to choose KJ Somaiya.Read more
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Ques. Is it worth doing an MBA from KJ Somaiya?

● Top Answer By Anil Tigga on 16 Apr 21

Ans. When pursuing an MBA, it is important to do it from the top 20 colleges, or not do it at all. And so, KJ Somaiya definitely does not fall in the top 20 colleges of India. However, it is one of the best that exists in Mumbai. So, if you feel that you can get into the top 20 colleges in the next year, then you should wait for it. On the other hand, if you are sure that you would not be able to make it, then it is important to question yourself as to what is your motive behind doing an MBA. Like everyone, you have the same motive that is – a good job and a good package, then KJ Somaiya would not be a great option. You will have to get admitted to the top colleges and stay there to get a decent salary. Category KJ Somaiya Ranking #56 by NIRF Total Fee 16.21 lakhs Companies Visited Quikr, Hindustan Unilever, etc. Seat Intake 720 Highest Package 29.75 lakhs As per the current scenario for MBA graduates, the supply far exceeds the demand of good-paying jobs. Therefore, it is advisable to rethink if you wish to do an MBA. If you still get yes as an answer and take up KJS, then you will have to put in a lot of hard work and loads of effort in the long run and that too, for a long time. You will reach where you want to but through a much longer route.  Read more
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Ques. How difficult is it to get into KJ Somaiya for MBA?

● Top Answer By Keshav Jindal on 16 Apr 21

Ans. K J Somaiya is considered to be one of the most sought and finest B-schools. This is major because of its fees, location as well as the placements offered by them. A CAT percentile of around 90 is considered good enough to get a call from them. But the real challenge that students face is after they get the call. Out of all the B-schools, K J Somaiya is one of those few that emphasize a student’s SOP.  Apart from this, it also considers a student’s past academics and extracurricular achievements to judge their chances of selection. But as per their recent brochure, it seems that they have changed their focus to Group Discussion. A 50% weightage is given to CAT/XAT scores and the factors stated above and apart from this, students will be grilled through an extempore and a personal interview round. Therefore, it is suggested to start preparing for GD and PI because no matter how good or bad your academics are, they cannot be changed but one can always work on these aspects. If you think you will get a good CAT score, then a good performance in GD and PI would fetch you your desired call. And hence, it would not be that difficult.Read more
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Ques. Is a KJ Somaiya PGDM worth it after 4 years of work experience and a decent package at an MNC?

● Top Answer By Supriya Sarkar on 16 Apr 21

Ans. After 4 years of experience with a decent package at an MNC, pursuing MBA from KJ Somaiya would not be a great choice.  Category KJ Somaiya Ranking #56 by NIRF Total Fee 16.21 lakhs Companies Visited Quikr, Hindustan Unilever, etc. Seat Intake 720 Highest Package 29.75 lakhs To qualify this fact, here are a few pointers below – A lot of it revolves around the specialization that you would choose. For instance, in the domain of Finance and HR, things are very difficult. A lot of companies have criteria for ‘maximum work experience’. Therefore, you would have a very less chance of getting shortlisted in them. Such firms also exist in the domain of marketing. In the domain of IT or technical, this much work experience will help you in getting better packages and designations, if only you have worked with similar roles earlier. IT is considered as the savior in Tier 2 colleges and hence, it absorbs a lot of people. The package that you will be offered would be more or less the same to you, as it would be to the freshers. The package would fall somewhere around 7–8 lakhs per annum. This package is not quite enough for someone who already has work experience of 4 years. A lot of students find it unjust to be paid the same as those who have no experience in the domain. Therefore, it can be concluded that those with a work experience of 4 years would have a better chance trying for colleges like ISB or those abroad.Read more
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75 Reviews found


NP
7.8 /10

Loan/ Scholarship Provisions :

The fees are around Rs 17 lakhs. K J Somaiya offers a vast number of scholarships- need-based, merit-cum-means based, research fellowship, subject-based and interest-based. It is easy to obtain a loan against the fees of the institute as the college is highly reputed and offers decent placements.

7 /10 placement
8 /10 college
9 /10 course
8 /10 interview
7 /10 internship
8 /10 campus life
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AS
7.7 /10

Loan/ Scholarship Provisions :

The fees are around Rs.16.89 lakhs. Students can apply for mortgage-free loans from several banks offering a rate of interest ranging from 7.5% to 13.11%. The fees hike is at the discretion of the Institute management board. There is a record of 100% summer placements. I was placed in an FMCG sector in the role of a digital marketing intern.

7 /10 placement
8 /10 college
8 /10 course
8 /10 interview
7 /10 internship
8 /10 campus life
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AS
8.3 /10

Loan/ Scholarship Provisions :

The fees are around Rs 17 lakhs. The fees are subject to any and are completely within the decision boundaries of the management board. There are much need-based, special interest-based, merit-based SIMR scholarships available to students however, the candidate for the same must produce required documents and fulfil the required criteria. Research fellowships can also be availed. Students can apply for the loan on the Vidylakshmi portal. The range of banks offers loans with an interest rate ranging from 7.10 to 12%. 100% of students obtain paid summer internships.

8 /10 placement
9 /10 college
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8 /10 interview
8 /10 internship
8 /10 campus life
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HR
8.0 /10

Loan/ Scholarship Provisions :

The fee is Rs.8,47,494 for a year. There are many need-based, merit-based, and merit cum means-based scholarships available for the students. Loans can be obtained with a moratorium period of a minimum of 2 years from several banks offering different rates of interest. Students can apply accordingly.

8 /10 placement
8 /10 college
8 /10 course
8 /10 internship
8 /10 campus life
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RM
8.6 /10

Loan/ Scholarship Provisions :

The fees are around Rs 16.89 lakhs. The average stipend offered Rs 18,700. Scholarships are offered on basis of merit cum means basis. The fees are subject to increase and decrease and are completely at the discretion of the management.

7 /10 placement
9 /10 college
9 /10 course
9 /10 internship
9 /10 campus life
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TB
5.0 /10

Loan/ Scholarship Provisions :

College increases the fee by 1.5 lacs every year and it is not justified. The course is overpriced and the current fee for the batch starting from 2021 is around 16.5 lacs. It can go in complete online mode and therefore it is not worth it.

5 /10 placement
6 /10 college
7 /10 course
6 /10 interview
5 /10 internship
1 /10 campus life
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SG
8.6 /10

Loan/ Scholarship Provisions :

The institute has significantly increased the fees in the recent past. But during the covid period, the institute waved off the Hostel and mess fee which was really great from their end. The fee is almost at par with most of the top B-schools of the country. The average stipend of the students is above 25k with the highest stipend of 1.25 lacs being offered. There are not many scholarship opportunities offered. Only students coming from a humble background receive some concession on the hostel fee on showing the income proofs.

8 /10 placement
8 /10 college
9 /10 course
8 /10 hostel
9 /10 interview
8 /10 internship
10 /10 campus life
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K
8.7 /10

Loan/ Scholarship Provisions :

College charges 1428000 tution fees for two years MBA Integrated Marketing Communications course. Break up of fees is provided by the college. College also provides hostel and mess facilities. Fees of hostel and mess are told by the college at the time of admission.

8 /10 placement
10 /10 college
10 /10 course
8 /10 interview
8 /10 internship
8 /10 campus life
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AS
7.7 /10

Loan/ Scholarship Provisions :

The tuition fees for the 2020-22 batch is nearly 15L for 2 years with 765000 for the 1st year and 700000 approx for the 2nd year. There is a 50000 fee for the mess and 200000 fees for the hostel p.a. . The campus provides a hostel for both girls and boys respectively. Girls hostel comprises of 90 rooms of 3 sharing each and boys hostel comprises of approximately 200 rooms of 3 sharing. The college also provides summer and final. The placements in some top brands of India. There are umbrella placements so there is no constraint for any programme.

8 /10 placement
7 /10 college
8 /10 course
7 /10 hostel
8 /10 interview
8 /10 internship
8 /10 campus life
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YG
9.1 /10

Loan/ Scholarship Provisions :

the total fees are approximate 14 lacs. For financing, it is recommended to get your education loan financed well in advance, through banks such as Canara and BoB - which boast of their low RoIs. HDFC Credila also provides loans to aspiring students.

9 /10 placement
10 /10 college
9 /10 course
9 /10 hostel
10 /10 interview
9 /10 internship
8 /10 campus life
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Highest Package 2,850,000
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Faculties
Dr. Abha Ashish Wankhede Assistant Professor
Prof. Amitabha Sengupta Assistant Professor
Dr. Anjali Chopra Adjunct Faculty
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