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KJSAC: 22 Answered Questions
What is the fate of students who don't get placed from Tier 3 MBA colleges like IMT, KJS, and TAPMI? Don't tell me that they have 100% placement because many students voluntarily opt out of placement?
It’s not the end of the world if you don’t get placed in tier 3 MBA colleges like IMT, KJS, and TAPMI. They can apply from outside, can use their contacts or they can contact HR on LinkedIn and can use the brand name associated with them.
Should freshmen take a 15 lakh bank loan, and study for an MBA in TAPMI or KJ SOMAIYA?
Let us understand this scenario with a simple calculation
- Loan Amount - 15 lakhs
- Interest rate - 12%
- Repayment period - 5 years
- EMI - 33,367
- Total Interest Paid in 5 years - 502000
- Tax saved in 5 years (considering a 20% tax slab) - 100400
- Net amount paid in 5 years - 1500000+502000–100400 = 19,01,600
- Average package in Tapmi- 15 LPA
- Monthly In hand- 97.5k to 1 lakh
It will leave you with approx. 45 to 50K in hand every month, which is good enough to survive in any city in India.
Considering an 8% annual increment, after 5 years your salary would be 22.03 LPA, making it approximately 1.84 LPA per month.
I feel it is worth the money you are going to spend. It is always better to take a loan for your MBA.
Which is the best among IMT G, SIOM, TAPMI, great LAKES, KJSOM and Fore school for operations MBA?
Operations management MBA programs at these schools:
- IMT Ghaziabad: India's one of the oldest and most esteemed business schools. The institute's MBA in Operations Management covers production, planning, control, project management, and supply chain management.
- Symbiosis Institute of Operations Management, Nashik is a dedicated Operations Management institute. Supply chain management, logistics, distribution, and quality management are included in the institute's MBA in Operations Management.
- TAPMI Manipal, provides an MBA in Operations Management. Operations strategy, quality management, supply chain management, and operations research.
- Great Lakes Chennai offers an MBA in Operations Management. Supply chain, quality, and operations strategy.
- KJ Somaiya Mumbai provides an Operations Management MBA. Supply chain, logistics, and quality management.
- FORE School of Management provides an MBA in Operations Management. Operations strategy, quality management, supply chain management, and operations research are taught.
Our ranking for these colleges would be
- IMT G
- SIOM
- FORE
- KJSOM
- TAPMI
Reason for putting IMT-G on top stop.
- Alumni: 1980-founded. Over 9000 alumni—many CXOs and industry leaders. B-Schools benefit from STPs and insightful guest talks.
- Faculty: Top-notch nationwide. They guide you throughout the year, using case studies to teach marketing, HR, and other disciplines (P.S. Dr. S.R. Singhvi is the marketing god, and his classes are amazing!). New Director is also adding industrial expertise (Marketing, Finance, Operations, etc.) to the faculty. Your academic learning will always be outstanding.
- Students: The college accepts CAT/GMAT/XAT. The entrance exam cut-off wasn't announced until last year, but most students get 90/92%ile+. The profile, scores, and CT+GE+PI procedure determine the ultimate pick.
- Placements: Top HR, marketing, finance, and operations org. visit school for summer and final placements.
- Institute excels in B-School competitions. Students have won several national and international contests, including Mahindra War Room, Deloitte Mavericks, RB Mavericks, HUL Carpe Diam, Reliance UltimatePitch, and Hult Prize. They have also won B-school competitions: IIM-Ahmedabad, IIM-Lucknow, MDI, IIM Raipur.
- Committees: The administration encourages student-led campus activities. They have committees for every activity, including IMTeamPRISM, MarkUp, RACE, ALCOM, SportsCom, CulCom, Finnacle, Finniche, Operations Committee, and 31 others.
What is the difference between pursuing a BMS from KJ Somaiya College of Arts and Commerce and KJ Somaiya College of Science and Commerce?
KJ Somaiya College of Arts and Commerce:-
It is a premier autonomous educational institute located in Mumbai. The institute offers various courses, both at the undergraduate and postgraduate levels in the disciplines of Arts and Commerce.
- Admission Criteria: The eligibility criteria for pursuing admission for BMS is 10+2 from a recognized university and the total fees required for pursuing the BMS course are INR 71,755.
- Placements: The highest CTC offered at the institute is around INR 27.50 LPA, however, the average CTC is INR 10.05 LPA. Few of the major recruiters at the institute are Angel Broking, HDFC Bank, Reliance Industries Ltd., Reliance, ICICI Prudential, Kotak Mahindra Bank, etc.
KJ Somaiya College of Science and Commerce:-
KJ Somaiya College of Science and Commerce offers UG, PG and Ph.D. courses to its students under various specializations. The admission in UG and PG are merit-based, while for Ph.D. the students must qualify the UGC NET exam.
- Admission Criteria: The candidates seeking admission in this institute for the BMS course need to have a minimum of 45% marks in commerce stream from a recognized university. The total fees required for pursuing the BMS course are INR 70,845.
- Placements: According to the placement statistics the average CTC offered to the students is around 10.7 LPA and the highest CTC is around 15.5 LPA. The top recruiter at the institute is Puma, Quikr, PwC, Jio, Capgemini, LG Electronics, Deloitte, TCS, HDFC Bank, etc.
KJ Somaiya College of Arts and Commerce is an old college with a good reputation. Whereas, KJ Somaiya College of Science and Commerce is a relatively new establishment. Other than that, there is no such difference between the quality of education in both these colleges.
How is KJ Somaiya college for BMM?
Some of my friends studied BMM at KJ Somaiya. According to them, it was not something that they expected, rather the course overall was disappointing. Here are some of the reasons why they felt that way.
- The coordinator for the BMM course is Vinay Nandy and he has quite a reputation in front of the students.
- He is known to practice favoring his selected students.
- He also cut off portions from the industrial visit fees.
- He has a degree of Ph.D. in archaeology.
- He doesn’t also teach that well and during the exam, he throws difficult questions in the paper.
- He says he doesn’t believe in spoon-feeding thus he doesn’t teach mostly.
- He has some strong connections with the nearby industry which benefits the students sometimes.
- Even the assistant professor can teach better than him from psychology to mass communications and advertising.
Joining KJ Somaiya hasn’t been beneficial for them. They regret their decision and doubted themselves as students. Some consider choosing KJ Somaiya College of arts and commerce but for BMM it is the worst decision in their academic career.
Does Nearbuy hire MBA freshers from college like Fore, KJ, Nirma, Tapmi?
Nearbuy recruits at 7 MBA programmes nationwide. They hire product and project managers from Tier - 1 schools, and sales, marketing, and operations managers from other colleges. They recruit from over twenty business schools in total nationwide despite visiting only seven. But those students apply for the jobs off-campus and may have to interview in the company's offices if they are chosen.
Is it worth taking a loan of 20 lakhs to pursue an MBA from a tier 2 college in India like GIM, TAPMI, KJS etc.?
I think that you should try to get into IIMs first. Getting a loan for IIMs will be worth it. Still, if the return on investment is good, you can get a loan for 20 lakhs and go to one of the b schools between GIM, TAPMI, KJ Somaiya. You can talk to seniors from the above-mentioned schools to find out the usual academic, placement rate, and college life. If you think it's important, you should do it.
How can I get admission at KJ Somaiya for a BBA?
All colleges have a cut-off score and an entrance exam before giving the admissions. KJ Somaiya also has the same criterion. You need to work hard for the entrance and personal interview.
|
Categories |
BBA at KJ Somaiya |
|
Course Fee |
3.00 lakh |
|
Course Duration |
3 years |
|
Highest CTC |
15 LPA |
|
Average CTC |
8 LPA |
|
Recruiting Companies |
Jaro Education, Calvin klein, ICICI Bank, Outlook, HDFC Bank, etc. |
You can get admission to any leading college like Somaiya. Don't get disheartened if you don’t get admission to any reputed college like Somaiya. You can still excel in your subjects and field of interest from any college if you have the motivation and urge to study and work hard. Finally, it depends on you and your hard work and not simply the reputation of any institution.
Which one is better for MBA, IBS Hyderabad, K J Somaiya, or IFMR?
IFMR GSB and KJS are both highly esteemed institutions within the Indian B-school league better than IBS Hyderabad for MBA. Both institutions offer a comprehensive curriculum and opportunities for students to enhance their skills and knowledge in the field of management.
IFMR GSB has a strong focus on research and has numerous partnerships with leading international business schools, which allows for exchange programs and global exposure for its students. In addition, the college has a strong alumni network and provides opportunities for internships and placements with some of the top companies in the industry.
On the other hand, KJS has a well-established reputation for its innovative teaching methods and experienced faculty. The college also provides a range of extracurricular activities, sports facilities, and leadership programs to help students develop a well-rounded personality.
Ultimately, both institutions have their own unique strengths and offer high-quality education in the field of management. It is important to consider your personal interests, career goals, and priorities when choosing between the two colleges. It is also advisable to visit the campus, meet with current students and faculty, and attend information sessions to get a better understanding of the learning environment and culture at each institution.
It is important to note that IFMR GSB is no longer solely a finance-focused college. The institution has evolved into a comprehensive B-school that offers a range of specializations, including marketing, operations, data sciences, financial engineering, and human resources. IFMR GSB is one of the few MBA programs in the country that offers financial engineering as a specialization. The operations program also provides students with valuable hands-on experience through industrial visits to some of the world's leading multinational corporations.
Finally, the human resources program at IFMR GSB has gained momentum in recent years and offers a diverse curriculum that includes courses in team management, psychology, and self-development. The faculty in this program are among the most respected and experienced in the field.
Is KJ Somaiya College good for a B.M.M?
KJ Somaiya is one of the best institutes for BMM and PGDM. It offers a good chance to its entire student in the BMM course.
One of the many advantages of studying BMM in KJ Somaiya is the extra advantage you will get during placement. The college offers placement facilities for BMM students in addition to that they have an internal quota for PGDM students. This has been considered merit by many of its students.
| Categories | BMM at KJ Somaiya |
| Course Fee | INR 70,785 |
| Course Duration | 3 years |
| Highest CTC | 12 LPA |
| Average CTC | 8 LPA |
| Recruiting Companies | NDTV, The Times of India, etc. |
So going for the BMM course from KJ Somaiya is definitely recommendable and good for the student.
KJSAC Latest News
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