K J Somaiya Placements 2024: Highest Package: INR 28.25 LPA
K J Somaiya Placements 2024: Highest Package: INR 28.25 LPA
KJ Somaiya MBA Placements 2024 is concluded with 100% placements. The highest package stood at INR 28.25 LPA. A total of 148 recruiters participated in the placement drive. Some of the regular recruiters are Nomura, Asian Paints, General Miils, CRISIL, Indus Valley etc.
KJ Somaiya MBA summer internship placements 2024 is also concluded with 100% internships. KJ Somaiya average stipend for Top 100 batch stood at INR 58.98 K per month. A total of 115 recruiters participated in the placement drive. During the MCA summer internship placement drive 2024, the internship percentage was also 100%. The average stipend for MCA stood at INR 23.9 K per month while the highest stipend stood at INR 55K per month.
KJ Somaiya MCA Placements 2023 is also concluded with 100% placements. The highest package stood at INR 13.50 LPA whereas the average package stood at INR 7.49 LPA.
Table of Content
KJ Somaiya Placements 2024 Report
| Particulars | Placements Statistics (2024) | Placements Statistics (2023) | Placement Statistics (2022) |
|---|---|---|---|
| Batch Size | Yet to be declared by the institute | 614 | 549 |
| Number of recruiters | 148 | 117 | 201 |
| Number of new recruiters | Yet to be declared by the institute | 40 | 45 |
| Highest Package | INR 28.25 LPA | INR 25.96 LPA | INR 26.50 LPA |
| Average Package | Yet to be declared by the institute | INR 12.32 LPA | INR 10.98 LPA |
| Median Package | Yet to be declared by the institute | INR 11.75 LPA | INR 10.25 LPA |
| Average Package of Top 100 | INR 17.34 LPA | INR 16.38 LPA | INR 15.82 LPA |
| Average Package of Top 200 | INR 15.80 LPA | INR 14.79 LPA | INR 13.55 LPA |
| Average Package of top 300 | INR 14.75 LPA | INR INR 13.93 LPA | INR 12.54 LPA |
| Top sectors | Banking & Financial Services | Banking, IT & Financial Services | Banking & Insurance Sector |
| Top recruiters | - | - | Zomato, SBI, ITC Limited, Airtel, EY, Hindustan Unilever Limited |
KJ Somaiya Placements Year - Wise Trends
The below table represents the year - wise trends of KJ Somaiya:
| Particulars | Highest Package | Average Package |
|---|---|---|
| 2023 | INR 25.96 LPA | INR 12.32 LPA |
| 2022 | INR 26.5 LPA | INR 10.98 LPA |
| 2021 | INR 29.7 LPA | INR 9.4 LPA |
| 2020 | INR 28.5 LPA | INR 10.8 LPA |
| 2019 | INR 27.5 LPA | INR 10 LPA |
KJ Somaiya average package increased from INR 10.98 LPA in 2022 to INR 12.32 LPA in 2023, while KJ Somaiya highest package decreased from INR 26.5 LPA in 2022 to INR 25.96 LPA in 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.
KJ Somaiya Summer Internship Placements 2024 Report
| Batch | Internship Statistics (2024) | Internship Statistics (2023) |
|---|---|---|
| Total Strength | NA | 617 |
| Percentage of Internship Offers | NA | 100% |
| Number of Companies Participated | 115 | 113 |
| New Recruiters | NA | 40 |
| Highest Stipend | NA | INR 55 K per month |
| Average Stipend | NA | INR 23.898 K per month |
| Top 100 Average Stipend | INR 58.98 K per month | NA |
| Top 200 Average Stipend | INR 43.36 K per month | NA |
| Top 300 Average Stipend | INR 32.74 K per month | NA |
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 | 200 |
| KJ Somaiya Institute of Management | 183 |
| Accenture | 182 |
| JP Morgan Chase & Co. | 168 |
| ICICI Bank | 163 |
| Deloitte | 143 |
| EY | 134 |
| HDFC Bank | 132 |
| Tata Consultancy Services | 128 |
| Axis Bank | 112 |
| Capgemini | 97 |
| CRISIL Limited | 80 |
| Cognizant | 80 |
| Citi | 77 |
| GEP Worldwide | 62 |
KJ Somaiya Placements FAQs
Ques. How many recruiters participated in KJ Somaiya Placements 2024?
Ans. 148 recruiters participated in KJ Somaiya Placements 2024.
Ques. How many students were placed during KJ Somaiya Placements 2023?
Ans. KJ Somaiya Placements 2023 achieved 100% placements.
Ques. What was the highest package offered during KJ Somaiya Placements 2024?
Ans. The highest package offered was INR 28.25 LPA during K J Somaiya Placements 2024.
Ques. What was the average package offered during KJ Somaiya Placements 2023?
Ans. Students received an average package of INR 12.32 LPA during KJ Somaiya Placements 2023.
Ques. What was the median package offered during KJ Somaiya Placements 2023?
Ans. The median package stood at INR 11.75 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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Why To Join KJ Somaiya Institute of Management - Reviews & Rating
Most Popular Tags
Likes
- emphasis on sports is given. Compulsory sports credit subject is there. Every sport is there including squash and TT and trails happens for this courses to join the team.
- committees and clubs are also there for students to join..this leads to overall growth along with academics
Dislikes
- gender ratio is not good in any of the class
- hostels are not at par with the fees they take.
Placement Experience:
during 3rd semester students ar eligible for the campus placements. There are a lot of companies visiting this college for final placements. Average placement offered is around 12 Lakhs and highest is around 24 Lakhs. Almost 100% of the students are placed
Likes
- The entire atmosphere of the mba college
- All the commitee selection and interview process
Placement Experience:
so the placement process is upto the mark here as our final year in mba starts from July 1st week and placment window is started from august end, so we have enough time to prepare ourseleves and the placmentsts are too great in our college
Likes
- The campus was. Overall very good it is huge compared to other colleges
- There are many facilities in the college
Dislikes
- Need to walk much in campus and it is tiring
- In mumbai rains there is much problem in college inside the campus travelling
Placement Experience:
The placements are overall satisfactory there is benefit of city like mumbai as all companies visit as compared to tier 2 cities like pune and any other college in there it is very good every student get their chance of getting placed in type of company they want to get in according to their branch and their interest
Likes
- I liked the campus of the college. It's lush green and very big.
- I liked the clubs and committees of the college.
Dislikes
- The fees of this college is very high. It could be lowered.
- The rooms are not Air Conditioned even after taking such high fees.
Placement Experience:
Since the number of students admitted is very high (More than 650) and it is increasing every year, the placements are affected. The average placement for MBA core lies between 12.5 to 13 lakhs per annum.
Likes
- Vibrant campus life with various cultural and academic events.
- Supportive and knowledgeable faculty members who encourage critical thinking.
Dislikes
- Limited parking space on campus can be inconvenient for commuting students.
- Occasional administrative delays in responding to student queries or concerns.
Student Snaps:
Placement Experience:
At KJ Somaiya Institute of Management and Research (SIMSR), students become eligible for campus placements from the second semester onwards. Companies like Deloitte, KPMG, HDFC Bank, and Amazon visit for placements, offering diverse roles in finance, consulting, marketing, and operations. The highest package offered is around INR 27 LPA, with an average package of INR 14 LPA. The placement percentage is usually high, with around 90% of students securing placements. In case of no campus placement, post-graduation plans may include pursuing further studies, entrepreneurship, or seeking employment through off-campus opportunities based on acquired skills and networking.
Likes
- Infrastructure: The infrastructure is great and mostly has all the facilities like sports grounds, buildings, lush green campus etc
- Faculty: All the faculties are top notch, they are all mostly PhDs and have experience in teaching
Dislikes
- Hostel: Small hostels, meals very repetative, mosquitoes
- Admission interview process: took too long waiting for interview
Placement Experience:
Placements are decent, average package is around 14 Lakhs and highest goes around 26-29 Lakhs 100% placements My plan is around joining corporate after getting the degree and eventually having a startup to run
Likes
- Campus Life at K J Somaiya is too good for an MBA life
- Events are being given a good weightage.
Dislikes
- Hostel water facility and the living space, specifically for the boys.
- Few of the faculties are not even interested in what students are learning
Placement Experience:
Placements were decent this year. We had an average of around 13-14 Lakhs per annum which seems to be considerable increase from the last year. 650 students out of 700 are placed till now. And, the rest 50 will also get placed by the time year ends.
Placement Experience:
Placements starts from the second year and the companies start coming from the month of September itself. All big companies including Big 4 come for FInance and other FMCG companies come for MArketing roles. The highest Package is 21,00,000 by some caompanies and the average CC is around 12,00,000. he college focuses on placements and makes sure everyone gets placed at the end of the day unless and until the student wants to opt out and start searching for companies outside(Not Recomended).
Likes
- Campus-life- Clubs/Committees. Eventful college.
- Friendly Faculty- You can reach out to them for any help if needed.
Dislikes
- In second year, most of us have to leave hostel and go live in flats which is kind of a downer.
- Teaching methodology needs improvements in terms of explaining the concepts.
Placement Experience:
Placements are above average. The average package was Rs. 1250000. The entire batch of 650 gets placed in the end. However, many students have to goto sales roles if they are not palced in the beginning, even if they have a finance major. Placement Committee here is infamous for being opaque and dishonest with the students.
Likes
- Campus life, Faculty, People, Hostel, Infrastructure
Dislikes
- Nothing as such.Overall a good experience
Placement Experience:
Average placement is around 12.5 lac. Advisable to view college's website and also highest was 25 lac around this year. Placmenets are decent and can get campus placements in here Many reputed companies do visit for placemnets
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KJ Somaiya Institute of Management: 15 Answered Questions
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.
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.
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.
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.
What is the difference in a PGDM and MMS placement scenario KJ Somaiya?
There is no difference between the placement for PGDM or Postgraduate Diploma in Management course and MMS or Master of Management Studies course offered by KJ Somaiya. The entire batch for both the courses goes through the same placement process.
According to the placement drive 2019-2020 statistics of KJ Somaiya, almost 97% of students have received placements. Students have received job offers from Industrial sectors like Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG, and Manufacturing.
The top recruiting companies included Polaris UK, Accenture, PwC, and Target Inc. A total of 165 companies participated in the placement program and the number of new recruiters was 39. The highest and average CTC received by the students were 28.5 LPA and 10.08 LPA.
The difference is in the PGDM and MMS is mainly the admission process, duration, and the fees. The placement procedure is more or less similar.
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.
KJ Somaiya Institute of Management Alumni Distribution by Sector
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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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The top recruiters of KJ Somaiya include ITC, Airtel, Amazon, Bisleri, Carrier, Croda, Mercedes, EY, Asus, Barclays, PWC, Kantar, Ugam, Group On, Grofers, Bajaj,, Puma, LG, Gulf, Dell, Google, Food Panda, L and T, Landmark, Deloitte, Black Rock, Byju’s, Godgej, Citi Bank.