KJ Somaiya Scholarship 2025

Ghatkopar East, MumbaiEstd 1981 Somaiya Vidyavihar University Mumbai, Mumbai
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Aparna Das

Updated 3+ months ago

KJ Somaiya offers Merit based Scholarship and Financial Aid to its students. KJ Somaiya offers 5 Merit based Scholarships that provide 100% tuition fees waiver. KJ Somaiya Scholarship applicants must score a minimum of 80% marks in Class 10th and 12th and 70% in UG studies and must also maintain >=90 percentile in CAT or >=90 percentile in XAT or >= 700 in GMAT or >=250 NMAT. If an applicant cancels the candidature in the programme after receiving the scholarship will attract a penalty of INR 5 K.

KJ Somaiya Merit Based Scholarship

KJ SomaiyaMerit based Scholarship eligibility criteria is as follows:

  • Applicants must be a resident of India
  • Applicants must be below 30 years of age.
  • Applicants must have scored a minimum of 80% marks in Class 10th and 12th and 70% in UG studies.
  • Achievements at the State, National level or international level in Sports, Arts and Community service or other significant achievements
  • >=90 percentile in CAT/ >=90 percentile in XAT / >= 700 in GMAT / >=250 NMAT.

The below table represents the selection process for being eligible to KJ Somaiya scholarships:

Stages Selection Process
Pre-Screening Criteria
Stage 1
  • Based on academic merit, achievements in extracurricular or co-curricular activities
  • Candidate’s Statement of Purpose of 300 words by KJSIM Selection committee (Head of Admissions, at least 3 Area Chairpersons, Director)
Stage 2
  • In-person interview by a panel (VC, Registrar, Dean of Research, Director and an External Expert)
  • Top 5 students will be selected
  • Scholarship for 2 years with conditions of maintaining academic performance at 65% to 70% or equivalent CGPA and attendance above 75%

KJ Somaiya Scholarship Renewal Eligibility

  • Based on academic performance in the 1st Year at 65% to 70% Marks or equivalent CGPA, attendance above 75%.
  • The recipient of the scholarship should not have any disciplinary action initiated against Them.

KJ Somaiya Financial Aid

KJ Somaiya Financial Aid will be awarded to selected candidates in the range of 10% to 80% of the tuition fees. The financial aid will be applicable for the entire duration of the program. The eligibility criteria is as follows:

  • Family Income must be less than INR 8,00,000 per annum.
  • Person with Disabilities (PwD)
  • Wards of defense personnel disabled or deceased in the line of duty.

The selection process for being eligible to KJ Somaiya financial aid is as follows:

Stages Selection Process
Submission Candidates are required to register on the Admission Portal and submit Financial Aid related documents with the Admission Form
Screening Submitted applications are reviewed and screened based on their eligibility criteria
Evaluation Eligible Candidates will go through an Interview round

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KJ Somaiya Scholarship FAQs

Ques. Does KJ Somaiya have any scholarship?

Ans. KJ Somaiya offers 5 merit based scholarships that provide 100% tuition fees waiver and Financial Aid for its students.

Ques. What are the eligibility criteria of KJ Somaiya merit based scholarships?

Ans. The eligibility criteria of KJ Somaiya scholarships are as follows:

  • Applicants must be a resident of India
  • Applicants must be below 30 years of age.
  • Applicants must have scored a minimum of 80% marks in Class 10th and 12th and 70% in UG studies.
  • Achievements at the State, National level or international level in Sports, Arts and Community service or other significant achievements
  • >=90 percentile in CAT/ >=90 percentile in XAT / >= 700 in GMAT / >=250 NMAT.

KJ Somaiya Scholarships: Students' Opinion

AI-Generated Summary based on 135 Reviews

KJ Somaiya Institute of Management offers a range of scholarships and financial aid options for students. These include need-based, merit-based, merit-cum-means scholarships, as well as special interest and subject-based scholarships. Eligibility for these scholarships typically requires demonstrating financial need, academic excellence, or meeting specific criteria such as family income below Rs 3 lakhs. Tuition fees for the two-year MBA program range between Rs 17 to 20 lakhs, with hostel and mess fees additionally costing around Rs 4.5 to 5 lakhs for two years.

Many banks, including HDFC, SBI, and Canara Bank, provide easy access to education loans, often featuring a moratorium period of up to 2 years, with interest rates ranging from 7% to 13%. The college also offers substantial placement opportunities, with average salaries around Rs 11 to 12.5 lakhs per annum, ensuring a favorable return on investment for students.

...Read More
 By Collegedunia’s Personal AI

Why To Join KJ Somaiya - Reviews & Rating

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4.0
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(44%)
4(42%)
3(3%)
2(8%)
1(2%)

Academic
4.0
Faculty
4.0
Infrastructure
4.3
Accommodation
3.6
Social Life
4.2
Placement
3.8

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College Ninja
5.0Helpful
Reviewed on Dec 21, 2024(Enrolled 2024)

Fees and Financial Aid:

Year 1 Tuition fees 8,89,350 Development fees 1,77,850 Deposit (refundable) 10,000 Total: 10,77,200 Year 2 Tuition fees 9,60,500 Development fees 1,92,100 Alumni Association fees 2,500 Total: 11,55,100 Hostel and mess fees for 10 months: 2,75,000 With a break up of 2,15,000 for hostel and 60,000 for mess
...Read More
College Ninja
4.2
Reviewed on Dec 17, 2024(Enrolled 2022)

Fees and Financial Aid:

This college is just for fun it's not good for studies , students/seniors there they will definitely distract you but if you are students who are focused fully willl definitely grace it and if you get into girls you will definitely be done
...Read More
Arnav Londhe
Arnav Londhe
3.5Helpful
Reviewed on Sep 30, 2024(Enrolled 2024)

Fees and Financial Aid:

year-wise I will be paying around 1250000 inr. caution fees is around 30,000inr. I have no idea about the charges during the course completion as per the category. Merit based scholarships are available upto 100% fees wave. Also sports based scholarships is available.
...Read More
Anonymous
4.6Helpful
Reviewed on Sep 3, 2024(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

Year wise fees is 9.5 Lakhs for MB i have no idea about other categories The tution fees and other things will be mentioned in the fee reciept apart from the fees no additional fees are required I did not avail any scholarships but yes its available
...Read More
rahul vijayvargiya
rahul vijayvargiya
4.5Helpful
Reviewed on Jun 5, 2024(Enrolled 2023)

Fees and Financial Aid:

The fee structure for the batch 2023-25 is 20 lakh of 2 year full time mba there are mode of payments as i don't know much abour scholorships but i can tell that there are some brilliant students who got scholorship and they are doing the whole mba course in just 4 lakh rupees and it is really well
...Read More
Anirudh Mukherjee
Anirudh Mukherjee
3.1Helpful
Reviewed on Mar 14, 2024(Enrolled 2023)

Fees and Financial Aid:

I would say that the fees is very high. We are paying more than 20 Lakhs and the ROI is not upto the mark. The average placement package is somewhere between 12.5 to 13 lakhs, which has dipped this year considering the global recession.
...Read More
Animesh Majumdar
Animesh Majumdar
3.4Helpful
Reviewed on Mar 14, 2024(Enrolled 2023)

Student Snaps:

Fees and Financial Aid:

At KJ Somaiya Institute of Management and Research (SIMSR), tuition fee increases occur periodically, typically with each academic year. The complete cost of education includes tuition, service fees, and other compulsory charges, varying by program. SIMSR offers scholarships and financial aid, including the Merit-cum-Means Scholarship and the Somaiya Scholarship Program, with varying amounts based on criteria such as academic performance and financial need. Campus employment opportunities are available through work-study programs, with roles ranging from research assistants to administrative positions. Stipends for campus employment vary depending on the role and responsibilities undertaken.
...Read More
Anushka Vajpayee
Anushka Vajpayee
3.4Helpful
Reviewed on Mar 14, 2024(Enrolled 2023)

Fees and Financial Aid:

The tution fees mostly increases every year, the complete cost of education would be around 21-22 Lakhs There are some scholarships given based on reservations and academic excellence based on previous academic records For the summer internship, the average is around 20000, my own internship is 10000 per month for market research role
...Read More
ANUSHKA RITUL
ANUSHKA RITUL
4.0Helpful
Reviewed on Mar 8, 2024(Enrolled 2023)

Fees and Financial Aid:

While I'm not well-versed in the details of scholarship programs, I can provide clarity on the structure of college and hostel fees. Over the two-year duration of the program, the college fees amount to 20 lakhs, evenly divided across semesters. Hostel availability hinges on prompt booking, with the girls' hostel being particularly commendable for its swift resolution of any issues. However, securing accommodation can be challenging for CMAT-admitted students due to high demand.
...Read More
Kartik Kakani
Kartik Kakani
3.7Helpful
Reviewed on Mar 6, 2024(Enrolled 2022)

Fees and Financial Aid:

Fee structure - 1963,000 tuition fees and hostel fees are different if you want it, sums up to 350,000 in two year period. Scholarship availability - YES Campus Employment Opportunities - YES Financial Assistance - Yes, education loan are being given for KJ Somaiya Students.
...Read More

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Comments


Found 2 Comments

E
epil gagrai
Mar 28, 2024 09:46
How to fill KJ Somaiya form?
S
Shikhar Srivas
Apr 2, 2024 23:21

Visit the KJ Somaiya College of Science and Commerce website. Then, navigate to the "Admissions" section. Find the program details in the information page and review the application form instructions and then fill the same.

M
mansi jain
Mar 27, 2024 12:12
How to apply for KJ Somaiya Scholarship?
A
Ashish Ramtari
Mar 28, 2024 07:19

For getting scholarship at KJ Somaiya, you need to visit its official website. There you need to fill in the scholarship enquiry form available under Financial Aid Section. There are three types of scholarships offered- Financial Aid, Somaiya Scholarship and Institutional Scholarship.


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