SIOM Nashik MBA Operations Management: Fees 2026, Course Duration, Dates, Eligibility

Prospective students must register for the SNAP exam and SIOM to apply. The admission process includes a Group Exercise, Written Assessment Test, and Personal Interview, all in one session. The final selection admits 120 candidates to the MBA program, based on exam scores, academics, and interviews. SIOM also considers scores from other AICTE-approved exams. The faculty is praised for expertise in supply chain and quality management, though there's a challenge in retaining permanent faculty due to location and lack of residential facilities.

The fee structure is competitive, with no hidden charges, and includes various resources like an induction module from Harvard and student dress. The total course fee is approximately INR 475,000 across four semesters, with the first-year fee around INR 1.7 lakhs. Fee concessions and loan partnerships ease financial burdens. Though recent fees increased due to a Six Sigma Black Belt certification by KPMG, the return on investment is favorable. SIOM boasts strong placement opportunities, particularly in supply chain management, with alumni connections and a dedicated placement cell.

Recruiters include major companies like General Mills, Godrej and Boyce, Deloitte, Infosys, Accenture, Amazon, Capgemini, and Samsonite. The average placement salary is INR 8,00,000-10,00,000 per annum, with internships offering INR 3-7 lakhs and a 20% conversion to job offers. Despite economic fluctuations, SIOM maintains a 100% placement rate by December, with internship compensations of INR 15,000-45,000 per month. Loan facilities are available through a tie-up with the Bank of India, ensuring quick processing.

Academic scholarships offer a 25% tuition discount for the batch topper in the first semester, increasing to a 50% discount for subsequent semesters if a GPA threshold is maintained. The total fee for two years, including hostel and mess charges, is approximately 16 lakhs, with full assistance provided for placements and scholarships.