KJ Somaiya Placements 2023: Average Package: INR 12.28 LPA & Highest Package: INR 22.50 LPA
KJ Somaiya Placements 2023: Average Package: INR 12.28 LPA & Highest Package: INR 22.50 LPA
KJ Somaiya Institute of Management has started the 2023 placement drive. Till now, 98% of the batch have already been placed. The highest salary offered was INR 22.50 LPA. The average salary increased from INR 10.98 LPA in 2022 to INR 12.28 LPA in 2023. The placement drive saw a participation of 171 recruiters including 40 new recruiters too. Some of the top recruiters of KJ Somaiya are ITC Limited, Airtel, Amazon, Bisleri, EY, Mercedes Benz etc.
KJ Somaiya has also started the summer internship placement drive for the 2022-24 batch. Till now, 93% of the batch received internship offers. The highest stipend stood at INR 1.08 Lakhs per month & the average stipend stood at INR 35.506 K per month.
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Table of Content
KJ Somaiya Placements 2023 Report
| Particulars | Placements Statistics 2023 | Placement Statistics 2022 |
|---|---|---|
| Batch Size | 614 | 549 |
| Number of recruiters | 171 | 201 |
| Number of new recruiters | 40 | 45 |
| Placement percentage | 98% | 99% |
| Highest salary | INR 22.50 LPA | INR 26.50 LPA |
| Average salary | INR 12.28 LPA | INR 10.98 LPA |
| Median salary | INR 12.47 LPA | INR 10.25 LPA |
| Average salary of Top 100 | INR 15.66 LPA | INR 15.82 LPA |
| Average salary of Top 200 | INR 14.37 LPA | INR 13.55 LPA |
| Average salary of top 300 | INR INR 13.79 LPA | INR 12.54 LPA |
| Top sectors | Banking, IT & Financial Services | Banking & Insurance Sector |
| Top recruiters | - | Zomato, SBI, ITC Limited, Airtel, EY, Hindustan Unilever Limited |
Also check KJ Somaiya Cutoff
KJ Somaiya Placements Year - Wise Trends
The below table represents the year - wise trends of KJ Somaiya Placements:
| Particulars | Highest Salary | Average salary |
|---|---|---|
| 2018-19 | INR 27.5 LPA | INR 10 LPA |
| 2019-20 | INR 28.5 LPA | INR 10.8 LPA |
| 2020-21 | INR 29.7 LPA | INR 9.4 LPA |
| 2021-22 | INR 26.5 LPA | INR 10.98 LPA |
| 2022-23 | INR 22.5 LPA | INR 12.23 LPA |
The 2023 placement drive is in progress. Till now, the highest salary stood at INR 22.50 LPA which is 17.8% lower as compared to the previous year. But, the average salary increased from INR 10.98 LPA to INR 12.23 LPA.
Also check KJ Somaiya Admission 2023
KJ Somaiya Placements Top Recruiters
KJ Somaiya Placements 2023 Batch Profile
The below info - graph represents the 2021-23 batch profile of KJ Somaiya:
The 2021 - 23 batch of KJ Somaiya comprised 41% male students & 59% female students. Among all the students, 52% were freshers & rest of the students had previous work experience. Most of the students were from the Engineering background.
Also check KJ Somaiya Ranking
KJ Somaiya Summer Internship Placements 2024 Report
| Batch | Internship Statistics 2023 | Internship Statistics 2024 |
|---|---|---|
| Total Strength | 617 | 696 |
| Percentage of Internship Offers | 100% | 93% |
| Number of Companies Participated | 188 | 75 |
| New Recruiters | 40 | 17 |
| Highest Stipend | INR 90K per month | INR 1.08 Lakhs per month |
| Average Stipend | INR 21.61 K per month | INR 35.506 K per month |
Also check KJ Somaiya Hostel
KJ Somaiya Placements 2021 Company Wise
The following table represents the company wise placements for the batch 2021 at KJ Somaiya:
| Company | No of offers | Role | CTC (INR in LPA) |
|---|---|---|---|
| ITC Limited | 1 | Area Manager Trainee | 13-14 |
| Bharti Airtel | 1 | Account Manager | 10 |
| Amazon | 4 | Account Specialist / Program Manager | 13-15 |
| Reliance Retail | 1 | Management Trainee | 9-11 |
| EY | 12 | Consultant | 10-11 |
| ICICI Bank | 1 | Management Trainee | 9.5-11 |
| Barclays Corporate and Investment Bank | 3 | Market Risk Analyst | 9-10 |
| BNP Paribas | 1 | Trade Analyst | 9-11 |
| Adani Wilmar | 1 | Management Trainee | 10 |
| Arcesium | 4 | Analyst | 20-22 |
| TCS | 4 | Consultant | 9-11 |
| Deloitte | 15 | Consultant | 10 |
| Dell | 4 | Account Sales Manager | 10 |
| Colgate-Palmolive | 2 | Associate Analyst | 12-15 |
| L&T Financial Services | 2 | Manager | 9-11 |
| Cognizant | 7 | Consultant | 8-15 |
| Kotak Securities | 1 | Financial Analyst | 9-10 |
| ICICI Bank | 26 | Manager | 9.5 |
| Godrej & Boyce | 3 | Manager | 8-10 |
| CITI | 6 | Financial Planning Analyst | 14 |
| JP Morgan & Chase | 4 | Analyst | 12-14 |
| IBM | 2 | Consultant | 9-11 |
| Axis Bank | 17 | Manager | 9-10 |
| VE Commercial Vehicles | 2 | Management Trainee | 8-9 |
| Morgan Stanley | 6 | Associate | 8 |
| Wipro | 6 | Consultant | 7-9 |
| Capgemini | 4 | Consultant | 7-10 |
| Mercedes Benz | 0 | Management Trainee | 8-10 |
| GSK | 0 | Management Trainee | 10-12 |
| Quickr | 0 | Management Trainee | 10-12 |
| HUL | 0 | Sales | 12-15 |
| Tata Capital | 1 | Marketing Manager | 10 |
| Accenture | 7 | Senior Analyst | 9-14 |
| TTK | 0 | Management Trainee | 10-12 |
| LG | 0 | Management Trainee | 10-13 |
| HP | 1 | Sales Specialist | 14-15 |
| HDFC Bank | 11 | Product Portfolio, Management Trainee | 9.5 |
| Marsh India | 9 | Client Executive / Management Trainee | 10-12 |
| HDFC Life | 7 | Management Trainee | 8-10 |
KJ Somaiya Alumni Network
| Name of Organizations | Number of Alumni |
|---|---|
| Infosys | 270 |
| Accenture | 266 |
| KJ Somaiya Institute of Management | 200 |
| ICICI Bank | 184 |
| Deloitte | 180 |
KJ Somaiya Placements FAQs
Ques. How many recruiters participated in KJ Somaiya Placements 2023?
Ans. 171 recruiters including 40 new recruiters participated in KJ Somaiya Placements 2023.
Ques. How many students were placed during KJ Somaiya Placements 2023?
Ans. The participating batch comprised 614 students among which 97% students have been placed already. The placement process is still in progress.
Ques. What was the highest salary offered during KJ Somaiya Placements 2023?
Ans. The highest salary offered was INR 22.50 LPA during KJ Somaiya Placements 2023.
Ques. What was the average salary offered during KJ Somaiya Placements 2023?
Ans. Students received an average salary of INR 12.23 LPA during KJ Somaiya Placements 2023. Average salary of top 100 offers stood at INR 15.73 LPA, top 200 offers stood at INR 14.42 LPA & top 300 offers stood at INR 13.48 LPA.
Ques. What was the median salary offered during KJ Somaiya Placements 2023?
Ans. The median salary stood at INR 12.47 LPA during KJ Somaiya Placements 2023.
Ques. Who are the prominent recruiters of KJ Somaiya Institute of Management?
Ans. Recruiters like ITC Limited, Airtel, Amazon, Bisleri, EY, Mercedes Benz etc are the prominent recruiters of KJ Somaiya Institute of Management.
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KJ Somaiya Institute of Management Highest and Average Package
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KJ Somaiya Institute of Management: 15 Answered Questions
What is the average and highest package offered to MBA-HCM students at K J Somaiya?
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.
What is the placement scenario at K J Somaiya?
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.
What is the placement scenario in KJ Somaiya or DJ Sanghvi?
The placement in D.J. Sanghvi is decent with salary packages ranging from 3-12 Lakhs per annum. The points below give a brief overview of the run-through of the entire placement scenario in D.J. Sanghvi.
- The placement session usually starts from the beginning of the 4th year. The first company visiting the campus is mostly Morgan Stanley, providing the highest salary package (14-16 LPA).
- The entire placement sessions go on for a year, with an overall of about 35-40 companies, and a salary range of about 3-12 LPA offered to students.
- J.P Morgan performs a 24-hour hackathons “Code for Good” and recruits students from it.
- Some other names of MNCs visiting the campus just after Morgan Stanley include Directi, ZS associates, Indus Valley, etc. Several companies like EnY, LTI, Deloitte, Dollar Capital, etc provides appreciable salary packages.
- Almost every student from Computer science and IT gets at least one job offer in placement. Mass recruiters like TCS and Infosys visit the campus, recruiting a bunch of students.
- You will get several opportunities in placement, with different roles in companies. Seniors provide a lot of help for preparation and useful placement tips.
Overall, the placements can be considered to be really good in D.J. Sanghvi and so, taking up a job with a decent salary before a Masters's degree is quite satisfying.
Which college is better for MBA in finance, TAPMI or K J Somaiya or NIRMA University considering average placement salary offered in Finance and Fees?
Pursuing MBA in any branch from any of the given colleges will give you the best curriculum and environment to grow and upskill yourself. The placement reports of these colleges are scaling recently. MBA in Finance is one among any of these that would be a great opportunity to grab and K J Somaiya will be a great option.
One of my cousins pursued Finance from K J Somaiya and he told me that good companies come for summer and final placements and offer a good package for finance people.
|
Particulars |
K J Somaiya |
TAPMI |
Nirma University |
|
Fees |
2.97 LPA - 16.29 LPA |
15.1 LPA |
7.24 LPA - 16.3 LPA |
|
Companies |
Jaro Education, Calvin Klein, ICICI Bank, OUTLOOK, HDFC Bank, etc. |
Deloitte, EY, KPMG, Accenture, ITC, Wipro, Infosys, ICICI Bank, etc. |
Reliance industry, L&T Technology Services, Worley Engineering, etc. |
|
Package |
Rs 28.50 LPA |
Rs 25 LPA |
Rs 19.1 LPA |
In terms of fees also K J Somaiya is better compared to other colleges given. You should not miss this chance to apply. Being located in the financial capital, it has an edge over others. TAPMI is good only for IT mainly and location plays a big advantage here.
Does GIM, FORE, KJ Somaiya & SIBM-Bangalore provide 100% placement? What is the lowest, highest, and average package offered from these B-Schools in the last few years? Which one will be the best to j
Yes, GIM, FORE, KJ Somaiya & SIBM-Bangalore all these B Schools enjoy 100% placement percentages. Speaking about figures, the highest and average packages of the mentioned colleges have been tabulated below.
|
College |
Average Package |
Highest package |
|
GIM |
INR 12.1 LPA |
INR 30.2 LPA |
|
FORE |
INR 14.04 LPA |
INR 41 LPA |
|
KJ Somaiya |
INR 10.98 LPA |
INR 26.50 LPA |
|
SIBM Bangalore |
INR 10.60 LPA |
INR 32 LPA |
More than figures, the deciding factors for your choice of college should be your interest, strengths, area of specialization and most importantly why you are pursuing an MBA.
My friend is a pass out of SIMS. According to her, some features of SIMS are
- the majority of the batch gets placed well in the 1st half of the academic year itself.
- use of technological advancements in our day-to-day classroom life
- qualified and knowledgeable faculty
- Diverse crowd
- Strong alumni base
All these features make SIMR one of the best B Schools of India.
Which is better as per placements and quality of education: GIM, SIIB, Fore IB, or KJ Somaiya?
Although all the B Schools you mentioned are very good, the one I would personally recommend is FORE. Some points that favor my recommendation are
- Location-based crowd: All the other colleges you mentioned have students mainly from Mumbai. But FORE located in New Delhi, the heart of the country has students from all over India.
- Placement: Here’s a tabular comparison of the average and highest CTC of the colleges.
|
College |
Average Package |
Highest package |
|
GIM |
INR 12.1 LPA |
INR 30.2 LPA |
|
FORE |
INR 14.04 LPA |
INR 41 LPA |
|
KJ Somaiya |
INR 10.98 LPA |
INR 26.50 LPA |
|
SIBM Bangalore |
INR 10.60 LPA |
INR 32 LPA |
- Fees:
GIM: ?18,31,200
FORE: Rs.16,98,000
KJ Somaiya: ?9.59 Lakhs (one year)
SIBM: INR 3.53 L - 16.62 L(for 2-3 years)
FORE offers industry oriented certifications and International Immersion Program. So looking at the overall picture we can say all 4 colleges give each other tough competition but FORE takes the lead.
MBA in India: Which is better, TAPMI or KJ somaiya? Please judge solely on basis of package and placements
krunalI don’t think judging a college solely on the basis of placements is justified. Yet I have tabulated the placement statistics below to give an overall comparison.
|
Particulars |
TAPMI |
KJ Somya |
|
Average CTC |
INR 12.6 LPA |
INR 10.98 LPA |
|
Highest CTC |
INR 32.2 LPA |
INR 26.50 LPA |
|
Number of Companies |
100+ |
201 |
|
Placement Percentage |
100% |
99% |
Other factors you can consider to decide which is better are
Location: Location-wise K J Somaya has an upper hand as it is in Mumbai, the financial hub of India. TAPMI is situated in Manipal, The student hub.
Campus: TAPMI has a much better and more beautiful campus and infrastructure than KJ Somaiya.
Accreditation: TAPMI has an upper hand as it has coveted AACSB accreditation and is among the first institutes in India to get so.
So make a choice not just on the basis of placements but also consider other important factors.
How good is KJ Somaiya for a PGDM in Retail Management? How are it's placements and average package?
The PGDM in Retail Management at KJ Somaiya is a relatively new course and not much can be said about its worth. But I have a friend who is currently pursuing RM at KJ Somaiya. According to him, it’s a good choice for someone with interest in this field to pursue this course because
- The courses at SIMSR are at par with international curriculum.
- Great exposure and learning through events held throughout the year. One such main event is the Retail Mela.
- Many committees and student clubs have been set up to promote extracurricular activities
- The faculty is experienced and qualified. It does not undervalue the new courses at all.
- One of the best campuses of India with great infrastructure and facilities.
- The companies that you should aim for are Ikeya, Walmart ,Future Etc.
All this makes the course worth trying.
How would you compare KJ Somaiya's PGDM with NIRMA's MBA in terms of placement and opportunities? Which one will be better?
Comparing the 2 B Schools that are KJ Somaiya and NIRMA, I would say both are equal in terms of placements, opportunities and exposure. The only factor you need to consider here is location. NIRMA is a good choice if your hometown is nearby. But if you want to enjoy your college life, explore and make memories, KJ Somaiya is the best. Located in Vidyavihar, a student-dominated area in Mumbai, it has an amazing campus with top-notch facilities.
Placements
The table below draws a clear comparison between both the B Schools.
|
Particulars |
KJ Somaiya |
NIRMA |
|
No. of companies visited |
201 |
102 |
|
Placement percentage |
99% |
100% |
|
Highest package |
INR 26.50 LPA |
INR 26 LPA |
|
Average package |
INR 10.98 LPA |
INR 10.50 LPA |
|
Top Recruiters |
Zomato, SBI, ITC Limited, Airtel, EY, Hindustan Unilever Limited |
Oracle, Hyundai |
So from the table, we can infer that placement-wise both colleges are almost the same. The difference lies in their location and the type of college life they offer.
How good is KJ Somaiya PGDM Communications? And how good are the placements?
Although all the courses offered at KJ Somaiya are equally good, its Marketing discipline is the most coveted one. Also there is no partiality during placement of students of various disciplines. Every student is allowed to sit for PPT and then for final interviews after selection.KJ Somaiya conducts a transparent and unbiased placement drive. Students from Finance, Marketing, Operations and HR get segregated during the initial selection process.
A number of companies visit the campus for placements. The placement committee makes sure that every year new companies also line up in addition to the many companies that visit every year. So I don’t think placements should be a concern for anyone getting into KJ Somaiya.
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Amazon | Carrier | Cognizant | Dell |
| Ernst & Young | IBM | Infosys | JP Morgan Chase & Co. |
| Oracle | SAP | Wipro | Accenture |
| Asus Technology | Barclays Bank | Blue Star | Croda |
| Deloitte | Deutsche Bank | Goldman Sachs | |
| HDFC Bank | Hewlett-Packard (HP) | HSBC Bank | ITC |
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