KJ Somaiya Institute of Management offers a supportive learning environment with a favorable faculty-to-student ratio of 1:10. Over two years, students undergo six exams, with faculty readily available to assist. The institution boasts a strong placement record, with 171 recruiters participating and a placement rate of 97% from around 700 students. The average salary package is approximately 12.23 lakhs per annum, with the top package reaching 22.50 lakhs. Despite market challenges, the average salary increased to 13 lakhs.
Internships, starting in September for first-year students, offer diverse roles, especially in finance. The average stipend for summer internships is 25,000 INR per month, with the highest at 1.86 lakhs. Notable recruiters include JP Morgan, Cisco, and Tata Consultancy, with core marketing roles being less numerous. While some internships were unpaid, the institute supports students through career counseling and workshops. The tuition fee for the two-year MBA program is around INR 20 lakhs, excluding hostel and mess costs of an additional INR 2.5 lakhs.
Fees are paid in three installments. The institute offers scholarships and financial aid, including merit-based and need-based options like the Somaiya and Merit Scholarships. These scholarships are competitive, with some covering up to INR 16 lakhs, though awarded to only a few exceptional students. Despite high fees, the institute justifies the cost with its quality resources and learning opportunities, and educational loans are available for financial assistance.
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