SJMSOM Scholarship 2026: Amount, Eligibility, Selection Criteria

The scholarship opportunities at this institution are robust, with various options available for top-performing students, particularly those in the top 20 each semester. Scholarships range from 500 to 2,000 INR monthly. The overall fee structure is approximately 16 lakhs for the entire course, including hostel and mess fees, with discounted rates for reserved categories (around 6.5 lakhs for SC, ST, PwD). Financial aid through loans from top banks is readily available, and several academic scholarships are awarded on a merit basis.

Internship opportunities are highly regarded, with stipends averaging 2 lakhs for two months. The average salary for final placements is around 20 LPA, with significant PPO conversion rates. Despite a recent fee hike, the cost remains lower compared to other leading business schools, offering a strong return on investment. Further details and scholarship information can be accessed on the official website.

By Collegedunia’s Personal AI

Why To Join SJMSOM - Reviews & Rating

4.4

(28 Verified Reviews)

Write a College Review

& Win Monthly Prizes Up to ₹1 Lakh/-*

5(89%)

4(4%)

3(7%)

2(0%)

1(0%)

Academic

4.5

Faculty

4.3

Infrastructure

4.7

Accommodation

4.1

Social Life

Placement

Most Popular Tags

Reset All Filter

Akash Kumar Singh

4.6Helpful

MBA, General

Reviewed on Jan 10, 2025(Enrolled 2024)

The Overall Experience at SJMSOM

Dislikes

The fees of SJMSOM is too much a middle class family can not afford.

Fees and Financial Aid:

you have to pay about 717650 in the first year for MBA(Finance). and as we now that MBA is of 2 years so that we have toh pay about 14.27 Lakhs. As one of my friend belongs to SC category so he have to pay only 6.4 Lakhs for the entire course.

Write a Colleges Review & Win Prizes Up to ₹1,00,000

VASHODIA CHAHAT RAJINDER

4.0Helpful

Reviewed on Feb 13, 2023(Enrolled 2022)

Life at SJMSOM

The fee structure can be found on the official website. One can take scholarship loans from banks present on campus. Scholarships are given to students who have a CGPA of more than 8 in Semester 1. Internship details can be found in the summer internship report which can be downloaded from the website.

Vinayak Nanda

5.0

Reviewed on Feb 8, 2023(Enrolled 2022)

MBA at SJMSOM

Fees were last hiked for the 2024 batch and overall it is nearly 1600000 for the whole course including the hostel. Food expense is extra and Mumbai life coats a little extra too. The scholarship is merit-based and backs provide loans as financial assistance for the institute.

Agarwal Nidhaan Nawalkishore

4.5Helpful

SJMSOM - IIT Bombay review

The current fee structure is 348200 per semester without mess and hostel fees. Including everything it costs around 16L for 2 years. The fees were hiked just a few years back and still, it is lower than the majority of the institutes. There are scholarship opportunities for about the top 20 candidates. Apart from this, you can opt for live projects and winter internships as well throughout your tenure.

Amartya Anand Thigale

4.9Helpful

Walking through the gate of school of management

The fee hike was brutal, doubling the fees from the last batch to ours. This would be a case of large disagreement but the students are generally silent as the B.School market is highly competitive. I got no scholarship or stipend when on campus.

Rishika Jain

MBA Experience and Life at SJMSOM, IIT Bombay

Student Snaps:

The ROI of the institute is one of the best among the management institutes in the country. The fee hike is minimal. Other scholarships based on performance merit and loan assistance are available on campus.

Bhadekar Kalyani Kaustubh

SJMSOM- an MBA experience to cherish

There are several scholarships available based on need and merit. The details for the same are available on som.iitb.ac.in. There are several academic scholarships available for the best-performing students every semester.

Akanksha

4.4Helpful

Reviewed on Feb 4, 2023(Enrolled 2022)

SJMSOM

Fee Structure: About 3.5-4L per semester. Financial Assistance - Various banks provide loans to students at competitive interest rates. Students can choose to apply for the same. Internship stipends can also help students assist their education

Bharti

4.3Helpful

SJMSOM’s Review

Fees are 1600000 including hostel fee and mess charges. There might be a slight increments in fees every year which will be updated on the website. People with reservations might avail of tuition fee waivers based on the category. I received No scholarship.

Anonymous

4.1Helpful

Reviewed on Feb 3, 2023(Enrolled 2022)

SJMSOM-complete insights of the Bschool

Fees structure is 363100 per semester which totals 14,52,000. Apart from this hostel and mess fees are roughly 55k per year. so the total estimated cost to study comes to around 16 lakhs. This year in 2022 only, there was a fee hike. earlier than this it was only 8-9 lakhs total tuition fees. But still, fees are less than comparative IIMs.