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Master of Business Administration [MBA] From KJ Somaiya, Mumbai

Mumbai, MaharashtraEstd 1981

#25 For MBA By Indiatoday 2023

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Master of Business Administration [MBA]

first year fees: ₹959,100

2 YearsFull Time

Year	1	2
Tution fees	₹799200	₹863136
Other fees	₹159900	₹172664
Total Year Wise fees	₹9.59 Lakhs	₹10.36 Lakhs

KJ Somaiya Master of Business Administration [MBA] Ranking

Eligibility Criteria

Bachelor’s degree with a minimum of 50% aggregate marks from any recognized University/ Institute (10 + 2 + 3/4 year courses). Final year students of graduation can also apply. Students need to submit degree completion certificate on the joining day at the campus.

AND

The aspirants need to submit a valid exam score. CAT 2023 / XAT 2024 / CMAT 2024 / NMAT 2023 / GMAT* scores are accepted
Candidates can apply for more than 1 programme (MBA/SM/HCM).

(Profile-based Shortlisting for MBA-HCM and MBA-SM)

*Candidates applying through NMAT & GMAT are required to select K J Somaiya Institute of Management as one of the institutes for sending their scores in NMAT & GMAT application forms/portal respectively.

For NMAT, the scores of only the first attempt of the students will be considered.

GMAT scores are valid for 3 years (from 1st January 2021 to 18th January 2024)

Course Details

Latest Update: KJ Somaiya MBA Admission has begun. KJ Somaiya MBA admissions are based on the scores of CAT / XAT / CMAT / GMAT / NMAT exams. CAT Result 2023 has been released. Candidates can download the scorecard from the official website by using their login ID and username. XAT Results 2024 are out. Candidates can check their results by using their XAT ID and Password over the official website.

KJ Somaiya Important Dates 2024

CAT
CAT Registration	August 02, 2023 - September 20, 2023
CAT Admit Card Available	November 07, 2023
CAT Exam	November 26, 2023
CAT Result	First Week of January 2024 (Tentative)

XAT
XAT Registration Opens	July 15, 2023
XAT Registration Closes	November 30, 2023
Last Date for XAT Application through GMAT / GRE	December 31, 2023
XAT Exam Date	January 07, 2024
XAT Result	January 19, 2024

NMAT
NMAT Registration	August 1 - October 12, 2023
NMAT Scheduling	August 1 - October 21, 2023
NMAT Re-Scheduling	August 1 - December 16, 2023
NMAT Exam Dates	October 10 - December 19, 2023
NMAT Registration Retake	October 11 - December 16, 2023
NMAT Retake Scheduling	October 11 - December 16, 2023
NMAT Last Date for Scorecard Download	March 31, 2024

MBA (600 seats + Supernumerary seats)

Caution Deposit:Rs.10,000/-

Specialization Offered (Major):

Data Science and Analytics
Finance
Marketing
Human Resources
Operations Management

Specialization Offered (Minor)(Indicative List):

Business Analytics
Data Science
Financial Services
Marketing
Stratergy & Consulting
Sustainability
Operations Management
People Development

...Show Less

Master of Business Administration [MBA] Comparison

	KJ Somaiya, Mumbai	TAPMI
Reviews Rating	7.96/10 (8 Users)	-
Cost To Study	Total Fees ₹1994900 (2 Years ) Check Detailed Fees	Total Fees ₹1710000 (2 Years ) Check Detailed Fees
Ranking	# Ranked 25/272 by India Today Management Ranks	# Ranked 21/272 by India Today Management Ranks
Highest Salary	₹2596000	₹2230000
Average Salary	₹1232000	₹1460000
General Course Details	Duration - 2 Years Course Offered - Full Time Total Seats - 600 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details
Eligibility	Graduation + MAH MBA CET	Graduation with 50%+CAT/XAT

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KJ Somaiya: 12 Answered Questions

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What is the fee for MBA at K J Somaiya, Mumbai?

Seema AgrawalMBA from K.J. Somaiya Institute of Management Studies and Research (2019)

K J Somaiya Institute of Management is an autonomous college located in Mumbai. It is one of the top-rated business schools in India. Somaiya Institute is well known for its financial education. Their faculty members are good and cooperative. Their placement is also good, but accommodation is a bit costly.

The fee details of K J Somaiya Institute of Management is as follows:

Category	A.Y. 2021-22	A.Y. 2022-23
Application Form Fee	INR 2850 (+Applicable Transaction Charges)	-
Tuition Fees	INR 6,47,350	INR 7,12,085
Development Fees	INR 64,735	INR 71,209
Other Fees	INR 59,700	INR 61,700
Caution Money	INR 10,000	2,500
Total Fees	INR 7,81,785	INR 8,47,494

This is the fee structure for MBA / IB / FS / RM / IMC / HCM / HR / SM/ DSA. For the rest of the details, you can check the K J Somaiya Institute of Management official website.

How difficult is it to get into the K J Somaiya MBA program with average academics but with a good entrance exam score?

Rituraaj GuptaMBA from K.J. Somaiya Institute of Management Studies and Research (SIMSR)

You have fairly good chance of getting admission into the KJ Somaiya MBA program with average academics and a good entrance examination score.

The admission weight components for KJ Somaiya MBA are as follows.

Components	Percentage of Weight
Entrance examination score	35%
Academic record	10%
Personal interview	25%
Case analysis	15%
Work Experience	5%
Outstanding achievements	10%

As you can observe from the above table, entrance score is given 35% weightage. If you perform well in the GD-PI round, there’s a good chance that you will be able to get a shortlist.

Is it worth it to study for an MBA in tier 3 colleges like TAPMI, BIM, or K J Somaiya?

Krishna DubeyMBA from K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2019)

TAPMI and KJ Somaiya are tier 2 colleges. The primary reasons why KJ Somaniya is superior are listed below.

Location - Because KJ SIMSR is located in India's financial capital, companies can easily come in for recruitment. Because most companies have their headquarters in Mumbai, various CXOs can come in for informative guest lectures. You will also have access to a number of live projects to work on.

ROI - Fees are lower when compared to TAPMI.

Faculty - The majority of the faculty members have a Ph.D. or are pursuing one, which helps shape your knowledge.

Infrastructure includes a 60-acre campus with an Olympic-size running track, an open chess board, multiple auditoriums, AC classrooms, an amphitheater, multiple libraries, and other amenities.

In terms of rankings, it all comes down to perception and the methodologies used by various evaluating agencies, so a TIER 1 in one ranking may be a TIER 3 in another.

During KJ Somaiya Institute of Management MBA placements 2022, the highest and average packages offered were INR 26.50 LPA and INR 10.97 LPA, respectively. Furthermore, during KJ Somaiya Institute of Management MBA placements in 2022, the placement rate was 99%. In addition, the highest and average packages offered during KJ Somaiya Institute of Management MCA placements 2022 were INR 11.50 LPA and INR 5.67 LPA, respectively. During the MCA placements at KJ Somaiya Institute of Management in 2022, the placement rate was 98%.

Which college is good for an MBA with 44 months of experience, K. J. Somaiya or IMT Ghaziabad?

Santosh SahuPGDM from Institute of Management Technology, Ghaziabad (Graduated 2016)

KJ Somaiya is definitely a better option of the two. My cousin is a KJ Somaiya alumni and he claims the college to be one of the best in the country

KJ. Somaiya has a location advantage over IMT Ghaziabad
It boasts of a splendid infrastructure world-class amenities
You can expect a high ROI from this college
It has seen an improvement in its rankings and now its NIRF ranking is 71st
The placement scenario has changed for the better. The placement percentage this year was 93%, the highest CTC stood at Rs.22.50 LPA and the average salary stood at Rs.12.23 LPA

Judging from these points one can easily say that KJ Somaiya is a better option than IMT Ghaziabad. Also if you have an excellent resume and a strong profile you can also go for IIMs or other top B Schools.

MBA in India: Which is better, TAPMI or KJ somaiya? Please judge solely on basis of package and placements

Krunal SampatBtech in Mechanical Engineering, K. J. Somaiya College of Engineering (Graduated 2018)

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.

Why should I go for an MBA in K J Somaiya?

Manisha GuptaPGDM from K.J. Somaiya Institute of Management Studies and Research (2021)

Being a B-School, K J Somaiya College will offer you everything that you are looking for in a college.

Academically you will get access to a comprehensive curriculum along with Howard case studies. This will help you in understanding and learning practices.
The faculties of the college are very experienced and are experts in their subject.
You will find various kinds of databases, journals, and research papers in the library. This college also has a state of art library with a Bloomberg tab.
You will also get various kinds of sports facilities like a badminton court, tennis court, Olympic size athletic track, basketball court, cricket field, and table tennis court. There is a gym as well.

The placement statistics at K J Somaiya is as follows:

Percentage of students placed	99%
Highest CTC offered	INR 27.5 LPA.
Average CTC offered	INR 10.05 LPA.
Total recruiters	170
Top recruiters	Ambuja Cement, HDFC bank Daimler and Minex Metallurgy.

The location of the college is very good. You will get almost everything on the campus. You may not get enough sleep due to academic rigor. You will always find yourself busy in preparation for some competitions or examinations.

How good is KJ Somaiya (SIMSR) for doing an MBA in India?

Aditya ShahPGDM from K.J. Somaiya Institute of Management Studies and Research (2020)

As a B-School, KJ Somaiya has certain factors which are advantageous, such as location, ROI, alumni base. Since Mumbai is the corporate hub of India, the college easily attracts many companies. SIMSR has a huge alumni base with people working at imminent positions in the corporate world.

However, it doesn’t come under the top B-Schools in India. SIMSR brand doesn’t have much recognition. Although it attracts many companies, the placement average isn’t at the same level as top B-Schools. KJ Somaiya placements 2022 had an average CTC of INR 10.95 LPA.

What are the final placement highlights of the current MBA Batch 2021-2023?

Sailee JajuPGDM from K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2020)

The AACSB-accredited K J Somaiya Institute of Management has seen a significant increase in the number of recruiters and job offers for its large 2021–2023 class of 614 students. 171 recruiters visited campus, with 40 of them being new recruiters. The highest salary package offered was INR 22.50 LPA. Students received an average salary of INR 12.23 LPA. The median salary stood at INR 12.47 LPA.

The institute's average salary for the top 100 offers, 200 offers, and 300 offers was 15.73 LPA, 14.42 LPA, and 13.84 LPA, respectively.

Among the principal offers made, the students have received job offers from industrial sectors like BFSI, consulting, IT & ITES, manufacturing, and FMCG.

Which among these is better for an MBA, Nirma, KJ Somaiya, or SIIB in Pune?

Sweta GuptaMBA Finance & Marketing, K.J. Somaiya Institute of Management Studies and Research (2016)

For an MBA, KJ Somaiya is the best option among these. It is well recognized in the industry. It also has a locational advantage. As it’s located in Mumbai, it’s easier to get placements and internship opportunities. KJ Somaiya placements 2022 concluded with an average CTC of INR 10.95 LPA. The placement rate is around 98%.

Which college out of GIM and KJ Somaiya is better for core MBA?

Barnali SinhaMBA from SVKM's NMIMS (2020)

Between GIM and KJ Somaiya which is the better institute that depends on which domain you will choose. Both the institute is reputed for management education and have their advantages.

Given below is a brief comparison between the two institutes.

Category	GIM	KJ Somaiya
Accredited by	AICTE, NBA, AIU	AIU, NBA
Rank	48 (NIRF)	56 (NIRF)
Entrance exams	CAT/XAT/CMAT/GMAT	CAT/XAT/GMAT/CMAT
Selection	Personal Interview	Group Discussion, Personal Interview
Course fee	15.98 lakhs	14.93 lakhs
Placement rate	100%	97%
Highest CTC	25.6 LPA	28.5 LPA
Average CTC	11.7 LPA	10.08 LPA
No of companies visited	120	165
Top recruiters	Nestle, Infosys, Deloitte, IBM HP, Wipro, HSBC, Capgemini, Cognizant	Amazon, Google, Siti, IBM Deloitte, Ernst, and Young HSBC, Mercedes Benz, Bloomberg

For Finance, KJ Somiya is a better option than GIM. KJ Somaiya has a location advantage as it is situated in Mumbai, the financial capital of India. The course fee of KJ Somaiya is also lower than the GIM.