KJSAC, Mumbai Comparison

Ghatkopar East, MumbaiEstd 1964 Mumbai University, Mumbai NAAC Grade A

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KJSAC: 22 Answered Questions

Do students from poor families join private institutions like KJ Somaiya, Great Lakes Chennai, IMT, etc.?

Advait JoshiLives in Mumbai, Maharashtra, India

Students from economically backward backgrounds can also pursue courses at the leading B schools in India. They can apply for an educational loan, so they can easily secure admission to most colleges.

Institutes like Great Lakes and IMT gave more importance to the intellectual background of students. They won’t reject a candidate with high potential in the field. So, it is worth opting for an educational loan to secure admission to the aforementioned institutes 

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Can I get admission in KJ Somaiya College of Arts and Commerce in 80% for 11th?

Sushant ChoudharyStudied at K. J. Somaiya College of Engineering

The well-known KJ Somaiya College of Arts and Commerce in Mumbai, India, offers undergraduate and postgraduate studies in several subjects. The qualifying exam determines merit-based admission to the college's undergraduate programs.

KJ Somaiya College of Arts and Commerce's Bachelor of Commerce (B.Com) program requires 45% marks in the 10+2 exam or an equivalent exam from a recognized board. Candidates also need at least 50% in Accountancy/Mathematics in the qualifying test.

You achieved 80% in 11th grade, but without knowing your 12th-grade score, it's hard to say if you'll get into KJ Somaiya College of Arts and Commerce's B.Com program. The B.Com program's cutoff depends on the number of applicants, the number of seats, and the applicants' academic achievement.

Check the college's website or call the admission office for B.Com program cutoff scores. This will improve your college acceptance odds. You can also apply to other B.Com colleges with cutoff scores that match your academic performance.

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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?

Aditi BanerjeeLives in Bangalore

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.

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Do NIT graduates pursue an MBA from Tier 2 B-schools like TAPMI, KJ Somaiya, etc.?

Daksh PrajapatiStudied at TAPMI, Manipal

Yes, every year many NIT graduates pursue an MBA from Tier-2 B-schools such as TAPMI, KJ Somaiya, and others. NIT and many other engineering graduates choose to opt for MBA after completing their graduation as they see it as a way to move into management roles and widen their career prospects.

B-schools like TAPMI and KJ Somaiya offer quality MBA programs that provide outstanding learning opportunities, experienced teachers, and good placement opportunities.

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Should freshmen take a 15 lakh bank loan, and study for an MBA in TAPMI or KJ SOMAIYA?

Advait JoshiLives in Mumbai, Maharashtra, India

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.

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What should I go for, KJ SIMSR full-time PGDM or IMT-Ghaziabad DCP?

Akriti Guptalives in Mumbai, Maharashtra, India

KJ SIMSR is primarily recognized only in Maharashtra, whereas IMT Ghaziabad has an international reputation with faculty members who have taught at IIMs and international B-Schools. So the latter might provide better opportunities for exposure to a diverse student body and higher-quality faculty.

However, the DCP program at IMT Ghaziabad is expensive, and the quality of internships in Dubai might not be up to par with other international B-Schools. Additionally, the international exposure offered by IMT Dubai might not be of much relevance.

The unsaid truth about business schools in India is that most internships and short-term projects are obtained through personal connections rather than institutional affiliation, so if you have strong connections in the business world, then it won’t matter which program you choose.

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What is your preference for NMIMS Bangalore, TAPMI, KJ, and Nirma for an MBA course?

Advait JoshiLives in Mumbai, Maharashtra, India

If you are 25-26 years of age, I would suggest you go for one more attempt along with your job. If you even get into TAPMI with this much experience there are high chances that you will not get a good placement. 

Having this much work experience, you can go for MBA from BLACKI (Banglore, Lucknow, Ahmedabad, Calcutta, Kozhikode, Indore), XLRI Jamshedpur, FMS, and other premium institutes. 

These institutes can easily offer a package of more than 25 lacs and even a good strategy and consulting profile and plus you can get a tag for a lifetime which will help you to accelerate your career.

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Which course is better, Narsee Business Analytics, TAPMI PGDM CORE or KJ Somaiya PGDM Core?

Advait JoshiLives in Mumbai, Maharashtra, India

Narsee Monjee's BA, TAPMI's PGDM Core, and KJ Somaiya's PGDM Core have been praised by industry professionals. The perfect program for you relies on your preferences, goals, and skills.

Data analytics, machine learning, and business intelligence are the focus of NM’s BA program. Data analytics and allied students are targeted by the program. The program emphasizes technical skills and hands-on experience through projects and internships.

Finance, marketing, operations, and strategy are included in TAPMI's PGDM Core program. The program is for students who want to learn a wide range of management principles and abilities that may be used in numerous fields.

KJ Somaiya's PGDM Core program is also a general management program. Students acquire critical thinking, problem-solving, and decision-making abilities in the program.

Narsee Monjee's Business Analytics program is ranked higher by most major ranking organizations than TAPMI's PGDM Core and KJ Somaiya's. Rankings shouldn't be the only factor when making a decision.

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Which is the best among IMT G, SIOM, TAPMI, great LAKES, KJSOM and Fore school for operations MBA?

Bidita GhoseLives in Bengaluru, Karnataka, India

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

  1. IMT G
  2. SIOM
  3. FORE
  4. KJSOM
  5. 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.
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Is it wise to leave a group C job of tax assistant at Mumbai Customs for pursuing an MBA where the only calls are from TAPMI, KJ, Great Lakes & XIMB HRM?

Sadia Naseem
Akriti Guptalives in Mumbai, Maharashtra, India

It all depends on your goals and aspirations but these colleges will give you a good value for money. If you want to switch and pursue a career in management then it is a good choice to leave the job and enroll in any of these colleges or if you like government jobs and want stability in your career then continue with your current job. Even if you take a loan you don’t have to start paying it back right away, you will get at least a year of moratorium and the student or education loan has one of the least interest rates, worry not. 

For better assistance below is a table showing the fees and packages of the colleges you mentioned;

Institution

Fees

Highest Salary Package

Average Salary Package 

Median Salary Package 

TAPMI

Rs. 16.25 lakhs

INR 22.3 LPA

INR 15.7 LPA

INR 14 LPA

KJ Somaiya

Rs. 19.18 lakhs

INR 22.50 LPA

INR 12.28 LPA

INR 12.47 LPA

Great Lakes

Rs. 18.75 lakhs

INR 46 LPA

INR 14.5 LPA

INR 13 LPA

XIMB HRM

Rs. 20 lakhs

INR 71.51 LPA

INR 71.51 LPA

INR 19.25 LPA

The data keeps changing and also it will take you two years to complete the course, so in two years the placement data will get better, so RoI is better.

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