For MBA, the brand name matters and is a very important factor to be considered while choosing the institute. UBS Chandigarh is not as well known as KJ Somaiya.
Deciding factors:
Highlight:
Given below is a brief highlight of the MBA program at UBS Chandigarh and KJ Somaiya.
Details |
UBS Chandigarh |
KJ Somaiya |
Average CTC |
9.5 LPA |
10.8 LPA |
Fees |
34,730 |
14.93 lakhs |
The decision depends on you. Do your research and choose the institute which will be best for you.
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.
TAPMI is better than K.J Somaiya. You won’t receive good job roles in consulting through the placement drive of these institutes. But TAPMI has a better brand value and offers good placement opportunities. Around 34% of students got placements in the consulting sector during TAPMI placements in 2022. The average CTC offered in this sector was INR 12 LPA.
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.
SIMSREE is the best option among these B-Schools. It offers excellent ROI. SIMSREE fees are approximately around INR 69k for MBA. While the median CTC offered to the students is INR 10.5 LPA. Situated in Mumbai, it also enjoys a locational advantage. As it's easier to get placements opportunities and internships.
IMT Ghaziabad and KJSIMR are the next best choices. IMT G has a better placement record. As per the 2022 placement highlights, IMT Ghaziabad average package s around INR 15.57 LPA.
DJ Sanghvi is better than KJ Somaiya. It boasts of a brilliant faculty. Many of the professors are well-known authors and have written reputed technical books. They have in-depth knowledge and years of experience in their respective fields. DJ Sanghvi placements are good. According to the recent placement highlights, students receive an average CTC of around INR 9.05 LPA.
DJ Sanghvi has a mixed student crowd. You will get to meet all types of people on campus.
Yes, it is possible. According to the recent highlights, the KJ Somaiya cutoff is 90+ percentile. So, you have a good chance of getting shortlisted. KJ Somaiys doesn’t assign separate reservations or preferences based on academic background or gender. The shortlisting is done based on past academics, entrance examination scores, performance in GD-PI, etc.
Given a choice between the mentioned colleges, the best institution for Finance will surely be TAPMI School of Business for various reasons.
Let us first have a look at some statistics about all the three colleges.
Particulars |
TAPMI |
IMT-G |
KJ Somaiya |
NIRF Ranking for MBA 2020 |
27 |
37 |
56 |
Placement Rate |
100% |
85% |
70% |
Average CTC |
12.7 LPA |
12.5 LPA |
10.8 LPA |
Fees |
INR 15.1 Lakh |
INR 17.55 Lakh |
INR 14.93 Lakh |
TAPMI:
Laboratories: One of the most exclusive reasons for choosing TAPMI is a well-equipped Finance Lab which helps students gain hands-on experience and understand core financial concepts through practical studies as opposed to only theory. The lab is equipped with 16 Bloomberg terminals and 7 Thomson Reuters terminals.
Curriculum: The course curriculum for PGDM BKFS at the institute is CFA C-BOK (certified body of knowledge) and FRM (Financial Risk Management) certified and meets the latest global industry standards.
Faculty: The program in Banking and Finance is backed by experienced faculty members who have years of experience in academics and industry.
Accreditation: It is one of the few management institutions in the country to have a two-tier global accreditation, i.e AMBA, and AACSB.
Extra-Curricular: The institute organizes multiple events, workshops, and industry visits to provide students with a well-rounded experience. Student managed investment funds and multiple club activities are all part of the module in finance.
IMT-G:
It offers a PGDM program in Finance that has an industrial and financial backing overlooking a high number of companies for recruitments but fails to provide a high placement rate considering an exceptionally high batch size, which keeps the majority of the students from getting a full-time job.
It observes the highest placements in the marketing department and sees very few core companies for finance, with corporate finance and banking jobs marking the minority. Apart from the brand name of IMT, it is not considered to be the best institute for a program in Finance.
KJ Somaiya:
The institute offers PGDM programs in Finance which are well-structured but fail to impress in terms of management and placements. While the fee structure of the program is lower compared to the other institutes, it observes many good companies as part of their recruitment drive due to the location, but still has an overall low placement rate within the Finance sector.
Given the three options, the best institute for a program in Finance would definitely be TAPMI School of Business for the well-structured curriculum, good placement opportunities, and facilities provided.
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%.