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Do colleges in Mumbai such asSPIT, KJ Somaiya and DJ Sanghavi have management quota?

SK
Shailesh Kothari Posted On : December 26th, 2022
Studied at K. J. Somaiya College of Engineering

All the 3 colleges you mentioned admit students through the central admission process (CAP) rounds which are undertaken by the Directorate of Technical Education, Maharashtra (DTE). 

The admission process through cap rounds is always based on merit. If there are seats vacant after the 3 cap rounds, then colleges may admit the students through the management quota.

Management quota is not applicable before the end of round 3

The major drawback is that by the end of round 3, mostly all the seats of the reputed branches are taken. So I won’t recommend you wait till the end of 3rd round unless you are planning to pursue chemical or production engineering.

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Should freshers take a 15 lakh bank loan, and study for a MBA in TAPMI or KJ SOMAIYA?

SS
Shreya Shah Posted On : December 26th, 2022
Studied at K. J. Somaiya College of Engineering

I will answer your question by estimating the salary you will earn after completing MBA and comparing it with the loan you have to pay.

Loan Amount - 15 Lakhs.

Interest rate - 12%

Repayment period - 5 years

EMI - 33,367

Total Interest Paid in 5 years - 502000

Tax Saved in 5 years (considering 20% tax slab) - 100400

Net amount to be paid in 5 years - 1500000+502000–100400 = 19,01,600

Average package in TAPMI - 10.06 LPA

Monthly salary in hand - Approx 65 to 70K

From the above calculation we can infer that you will have 30000-40000 salary in hand every month which is more than enough for you to settle in any state or city in India. So taking loans for an MBA is very beneficial as it will pay you back in the long run.

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What is the placement scenario in KJ Somaiya or DJ Sanghvi?

MB
Megha Bhalla Posted On : March 16th, 2021
Bachelor of Engineering Computer Engineering, Dwarkadas J. Sanghvi College of Engineering (2018)

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.

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What is the NMAT cutoff for K J Somaiya for the year 2021?

RS
Rishab Sharma Posted On : September 13th, 2021
MBA Integrated Marketing Communications,K.J. Somaiya Institute of Management Studies and Research (2022)

A lot of students are generally concerned as to how to score the cut-off for K J Somaiya. The answer to this is very simple: to reach any cut-off list for any of the colleges, your score should be high. 

  • Particularly talking about K J Somaiya Institute of Management Studies, you should score a cut-off of at least 225. 
  • K J Somaiya Institute of Management Studies is a well-known B school in Mumbai where you can take admission through NMAT.
  • The NMAT exam consists of three sections with 36 questions each. 
  • The sections include logical reasoning, quantitative skills, and language skills. 
  • You need to be well-versed with all three sections to clear the cut-off for K J Somaiya Institute.

The cut-offs for CAT, XAT, and NMAT for the year 2021 were as follows –

CAT 83 percentile
XAT 70 percentile
NMAT 225 score

If you want to prepare in a better manner, you can take some help and guidance from various preparation sites on the internet. There are plenty of them available like Gradeup, Handa ka Fanda, etc.

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How good is K J Somaiya compared to GIM?

SJ
Saket Jaiswal Posted On : April 9th, 2021
Studied PGDM Marketing, Goa Institute of Management (2021)

K J Somaiya Institute of Management and Goa Institute of Management are equal when compared with each other. Though there are certain things that differ between both like the fees which are cheaper in GIM than K J Somaiya. Being in Mumbai, K J Somaiya is observed by many companies due to its location. Frequent industry visits are conducted for the students of K J Somaiya. Also, students get internships from the various companies situated nearby.

Here the following table will show you the placement record of Goa Institute of Management and K J Somaiya Institute of Management.

Category

K J Somaiya

GIM

Total Recruiters 

170+

69

Recruiters 

ITC, Airtel Amazon, Bisleri, Carrier, Croda, etc.

Asian Paints, Reliance, PUMA, IBM, Reliance, Metro, etc.

Average Package 

INR 10.5 LPA

INR 11.72 LPA

Highest Package 

INR 27.50 LPA

INR 25.6 LPA

Both the institutes have a good reputation and each year students take admission in these according to their choice and data available. However, K J Somaiya Institute of Management is better than the Goa Institute of Management. But it is also lacking in many points. Therefore, you can take admission to any of these institutes. But K J Somaiya Institute of Management is better in terms of placement and has the rest of the facilities.

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What all entrance exams are accepted by KJ Somaiya Institute of Management? What can be the expected cut-offs for the same?

SA
Seema Agrawal Posted On : January 18th, 2023
MBA from K.J. Somaiya Institute of Management Studies and Research (2019)

K J Somaiya Institute of Management will accept qualifying exam scores for the following exams:

  • CAT 2022
  • NMAT 2022 (Only 1st attempt will be considered)
  • GMAT* Please note the GMAT scores of only the past 3 years shall be acceptable
    (from 1st January 2020 to 18th January 2023) for admission. 
  • XAT 2023
  • CMAT 2023

Tabulated below are K J Somaiya Institute of Management's previous year cut-offs - 

Exam Percentile/Score
CAT 83 percentile
NMAT 222
GMAT 500
XAT 70 percentile
CMAT 285

The cut-off depends on the pool of candidates that apply each year and may vary year on year basis.

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Which one is a better college among these: KJ SOMAIYA, BIM TRICHY and GIM? Cite appropriate reasons if possible..

RP
Rishikesh Patil Posted On : December 26th, 2022
B.tech from Vellore Institute of Technology, Vellore (Graduated 2022)

There is no better college of the two because both are equally good in terms of placements and faculty. Both have their pros and cons. But here I will just cite some pros of both colleges that might help you make a better decision. 

Pros of GIM

  • Offers a comprehensive learning experience 
  • Many student-operated clubs and committees 
  • Fun-filled campus life 
  • Top-notch infrastructure
  • Better placement opportunities and exposure to industry projects
  • Smaller batch size therefore a better chance to grab good packages and lesser competition.

Pros of KJ Somaiya

  • KJ Somaiya a location advantage for students from Mumbai, Maharashtra 
  • better ROI

For more details you can talk to the alumni of the respective colleges.

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Is there a hostel facility in KJ Somaiya for engineering students?

SJ
Sailee Jaju Posted On : December 26th, 2022
PGDM from K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2020)

Yes, there is a hostel facility in KJ Somaiya but not specifically for Engineering students. It’s a shared residence for engineering, commerce, and arts stream students. There are two hostels on the campus of KJ Somaiya:

  1. Polytechnic hostel
  2. SIMSR Hostel

Polytechnic hostel

Pros:

The crowd here is more than that of the Management hostel. This is because

  • Cheaper than Management hostel
  • Better food than Management hostel
  • Located in the vicinity of engineering college

Cons:

  • Mixed crowd
  • Common washrooms
  • Condition of rooms not as good as management hostel
  • Has bunk beds 

SIMSR Hostel

Pros:

  • The crowd here is good so you grow as a better person
  • They give preference to management and engineering students both. 
  • NRI students get the most priority here
  • Very comfortable rooms and better facilities 
  • Some engineering faculty also stay here so they can be consulted during any emergencies 

Cons

  • Hostel fees are extremely high almost thrice as the polytechnic hostel
  • Food is not as good as polytechnic hostel
  • Chances of getting into this hostel are rare
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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?

RJ
Ranjit Jain Posted On : June 28th, 2021
MBA from K.J. Somaiya Institute of Management Studies and Research (2019)

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.

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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

AG
Aditya Godambe Posted On : December 26th, 2022
B.Tech in Electronics, K. J. Somaiya College of Engineering (Graduated 2020)

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. 

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