It depends on various factors including your current CTC if you want to change your domain of work, and the package you expect from the companies. In terms of package and job profile, companies visiting KJ Somaiya consider two main factors during placement.
The following table shows the Placement statistics of the institute for 2020:
Categories |
K.J. Somaiya Institute of Management Studies and Research |
Placement Percentage (claimed by the institute) |
100% |
Average CTC |
10.8 LPA |
Minimum CTC |
6.5 LPA |
Highest CTC |
28.5 LPA |
Recruiting Companies |
Cognizant, Amazon, DE Shaw and ITC |
All in all KJ Somaiya Institute of management studies and research is an amazing institute in terms of curriculum and is fairly good at placements. Make a wise decision upon considering all the factors.
K J Somaiya Institute of Management Mumbai is situated in Mumbai. Offering a Master's and a Doctoral degree in the field of Management, the institute is known to grasp a record of 99% placement and has recruiters from various sections, such as ICICI Bank, Ambuja Cement, Daimler, Nomura, Asian Paints, Minex Metallurgy, HDFC Bank, and several others.
The institute is known to provide PGDM as well as MMS courses. The seat allocated of which are as mentioned below:
If you are anywhere wondering if PGDM has any sort of reservation, then the answer is a strict no. Since there is no reservation, the seats apparently are open for the same.
While, at the same time, MMS (120 seats) has particular reservations which are as briefed below:
MMS Seats |
|||
Seat Type |
Eligible |
Intake |
Process |
MS |
All Maharashtra Candidates |
30 |
CAP round |
Gujrati Minority |
Only Maharashtra Gujrati |
61 |
CAP round |
AI |
All India Candidates |
5 |
CAP round |
Institute |
All India Candidates |
24 |
Fill form at KJ SIMSR |
Total |
120 |
Figuring the seats out and the clarification of any reservation at all, the table above denotes the specific courses, and with respect to that, various structure of fees and eligibility criteria to be met.
Having said that, it clears out any haze that had risen to vision. That is to say, PGDM basically has no reservation as known, while MMS still has, the details of which are mentioned above.
Other than placements, VJIT offers better ROI, and start-up support. It is well-recognized in the industry. Many reputed companies offer core job opportunities in VJIT placements. The number of core job opportunities is limited at KJ Somaiya.
Being a private institute, KJ Somaiya charges higher course fees. VJIT has a more economical fee structure.
Infrastructure is the only parameter, in which KJ Somaiya has an edge over VJIT.
For MBA aspirants, preparing and scoring well in the various competitive exams is of utmost
importance. While securing a competitive score is essential for admission to K J Somaiya Institute of Management, it is equally essential for the candidates to focus on other aspects of the admission process. In addition to shortlisting candidates based on their exam scores, the institute also requires
the candidates to surpass the Case Analysis- Personal Interview round.
Candidates aiming to secure admission to K J Somaiya Institute of Management must focus
on building their general awareness and subject knowledge. They must also focus on improving their communication and presentation skills as it will help to project and apply their skills better.
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
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.
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.
If you have the financial means to do so, it would be wise to choose Xavier Institute of Management Bhubaneswar (XIMB) over KJ Somaiya Executive Program for a full-time executive MBA. While KJ Somaiya can offer assistance with placement opportunities, they do not provide on-campus placements, meaning you will need to find job opportunities on your own.
XIMB has a strong brand value and has completed 100% placement for its MBA program in 2022 with a 16% increase in average salary, which rose to Rs. 17.54 LPA from Rs. 15.15 LPA the previous year. While KJ Somaiya Institute of Management MBA placements 2023 had a 92% placement rate and attracted 132 companies, the highest and average packages offered stood at INR 22.50 LPA and INR 12.48 LPA, respectively. Sectors such as banking, IT, and financial services were the top recruiting sectors during the placements.
If you cannot afford the fees associated with XIMB and are willing to forego on-campus placement opportunities, then KJ Somaiya Executive PGDM could be a good option for you. However, keep in mind that the peer learning experience may be less than ideal, as there are students who were admitted through the Mat/ATMA test with lower scores through the DTE cap process directly without any group discussion or personal interview, particularly in the regular MMS program.
Ultimately, the decision of which program to choose should depend on your individual goals, circumstances, and financial situation. Do your research, consider your options carefully, and seek advice from mentors or professionals in your desired field before making a decision.
Placement-wise both the colleges give each other tough competition. Some basic differences between the two are
Specialization: SDA Bocconi has an upper hand in marketing roles whereas KJ Somaiya has the upper hand in finance roles.
Batch-size: KJ Somaiya has a higher batch-size than SDA Bocconi. Therefore the student-teacher ratio is also higher. This affects the classroom learning experience.
Fees: SDA Bocconi has higher fees( INR 18,60,000) than that of KJ Somaiya (INR 9.59 Lakhs (1st Year Fees).
So it’s up to you to decide if you are willing to pay a high fee and get the tag of a well renowned brand in Europe or pay less and get into an above average B School of India. Academic-wise the result from both the colleges will be more or less the same.
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
All this makes the course worth trying.
The quality of classes here is so good that if you attend all the classes you will have to do minimal self study. Every concept literally settles in very well. Students who don’t attend the classes regularly really miss out on an opportunity to learn the best by the best.
I will describe the classroom learning at KJ Somaiya further through the following 4 factors:
I hope I haven’t left any doubt uncleared regarding the classroom learning at KJ Somaiya.