Living on campus is one of the key components of an intensive learning experience. K J Somaiya Institute of Management has a residential facility on campus for students. Large hostels have been built to give students the best amenities. All the hostels are located inside the same campus, are under the surveillance of a CCTV camera, and provide a safe environment for both boys and girls.
The hostel is divided into two buildings, one for boys called "Sandipani" which has 11 floors and 1,53,000 square feet. The hostel accommodates 683 boys. The other building is named "Maitreyi" is for girls and is 94,000 square feet in size over five floors. The hostel can accommodate 373 girls at a time. The rooms are bright, comfortable, clean, and airy, with all the necessary accessories.
The hostel also has contemporary amenities, which include a fully furnished gym, laundromats, a student mess, an activity area, and internet access. A fully furnished medical room is also available in the hostel around the clock, and an ambulance is always available.
Yes, there are hostel facilities at KJ Somaiya for MBA students. You will learn a number of life skills there. You will experience many things. These include having downright discussions with your roommates on topics like football, politics, and business. You will also make many friends during your stay here.
Hostel:
The hostel is known as SIMSR and has two buildings: ‘Sandipani’ for boys and ‘Maitriyi’ for girls. Each room here is triply shared and is quite spacious and well ventilated. It has individual study tables and a wardrobe. It also has a shower and hot water supply.
Food:
Hang-out Spots:
You can also hang out at the gym, TT room, and activity room where all the action is. The campus is lush green with a big amphitheater.
The cleaning crew will also make sure that hygiene is maintained. There is an ample amount of parking for cars and two-wheelers. This place is definitely a home away from home.
There are a bunch of things that an MBA student at KJ Somaiya can associate with his/her life, reading through the reviews and experiences of students from the institute. Students after cracking CAT, XAT, or CMAT, come to a B school and get used to the hustle and bustle of daily work-life.
The points listed below are a brief representation of the life at SIMSR.
Overall, life at SIMSR is worth the choice, with a good result to every hectic works and pressure. Living at the campus takes the positivity of a student into work and enhances it to better results. It teaches about life itself.
All the 3 colleges you mentioned admit students through the central admission process (CAP) rounds which are undertaken by the Directorate of Technical Education, Maharashtra (DTE).
The admission process through cap rounds is always based on merit. If there are seats vacant after the 3 cap rounds, then colleges may admit the students through the management quota.
Management quota is not applicable before the end of round 3.
The major drawback is that by the end of round 3, mostly all the seats of the reputed branches are taken. So I won’t recommend you wait till the end of 3rd round unless you are planning to pursue chemical or production engineering.
I will answer your question by estimating the salary you will earn after completing MBA and comparing it with the loan you have to pay.
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 20% tax slab) - 100400
Net amount to be paid in 5 years - 1500000+502000–100400 = 19,01,600
Average package in TAPMI - 10.06 LPA
Monthly salary in hand - Approx 65 to 70K
From the above calculation we can infer that you will have 30000-40000 salary in hand every month which is more than enough for you to settle in any state or city in India. So taking loans for an MBA is very beneficial as it will pay you back in the long run.
Both Sydenham and KJ Somaiya are equally good in terms of quality of education and placements.
These institutes will offer you similar opportunities, for a management degree.
A lot of students are generally concerned as to how to score the cut-off for K J Somaiya. The answer to this is very simple: to reach any cut-off list for any of the colleges, your score should be high.
The cut-offs for CAT, XAT, and NMAT for the year 2021 were as follows –
| CAT | 83 percentile |
| XAT | 70 percentile |
| NMAT | 225 score |
If you want to prepare in a better manner, you can take some help and guidance from various preparation sites on the internet. There are plenty of them available like Gradeup, Handa ka Fanda, etc.
KJ Somaiya is better than SK Somaiya. It ranks higher and is more reputed among students. If you have good grades, you should choose KJ Somaiya without thinking any further. KJ Somaiya has a great student crowd. So, the peer-to-peer learning opportunities are good.
The institute has a good placement record as well. KJ Somaiya placements 2022 had an average CTC of INR 10.9 LPA.
K J Somaiya Institute of Management and Goa Institute of Management are equal when compared with each other. Though there are certain things that differ between both like the fees which are cheaper in GIM than K J Somaiya. Being in Mumbai, K J Somaiya is observed by many companies due to its location. Frequent industry visits are conducted for the students of K J Somaiya. Also, students get internships from the various companies situated nearby.
Here the following table will show you the placement record of Goa Institute of Management and K J Somaiya Institute of Management.
|
Category |
K J Somaiya |
GIM |
|
Total Recruiters |
170+ |
69 |
|
Recruiters |
ITC, Airtel Amazon, Bisleri, Carrier, Croda, etc. |
Asian Paints, Reliance, PUMA, IBM, Reliance, Metro, etc. |
|
Average Package |
INR 10.5 LPA |
INR 11.72 LPA |
|
Highest Package |
INR 27.50 LPA |
INR 25.6 LPA |
Both the institutes have a good reputation and each year students take admission in these according to their choice and data available. However, K J Somaiya Institute of Management is better than the Goa Institute of Management. But it is also lacking in many points. Therefore, you can take admission to any of these institutes. But K J Somaiya Institute of Management is better in terms of placement and has the rest of the facilities.
It is difficult to compare PGDM Core or MMS Core at KJ Somaiya. However, from the placement point of view, there is no difference as both the courses have common placements.
Tabulated below are the fee details, placement, and the number of seats for the given programs.
|
Particulars |
PGDM |
MMS |
|
Placement Rate |
90% |
75% |
|
Highest CTC |
27.5 LPA |
35 LPA |
|
Seats |
120 |
60 |
|
Fees |
INR 14.93 Lakh |
INR 21 Lakh |
PGDM Core:
At KJ Somaiya Institute of Management, students who enroll for the PGDM core program are open to a flexible option of adding or changing their subjects as per their interest as the management is very accommodating if students can provide a valid reason for the change.
The curriculum is updated with the industry trends and the institute organizes multiple fests, workshops, and extra-curricular activities to ensure that students get the most out of their educational experience.
Students can choose from a range of specialized courses in International Business, Financial Services, Marketing Communication, and Retail Management.
Most of the students have a minimum of 2 to 3 years of work experience and come from all across the country, providing for a diverse and multi-cultural environment. Students receive a diploma degree in management at the end of the program which is equivalent to an MBA degree.
MMS Core:
The MMS degree program on the other hand has core management modules. Since the course structure has now become autonomous, the changes and updates in the curriculum are done as per the house faculty. In case of any additions or removal of subjects or modules, the institute will be fully in charge of it, without having to seek permission from the university.
The majority of the students are locals with more than 50% of Gujarati students and freshers as part of the batch.
At the end of the program, students receive an MBA degree.
While the placements and companies that visit are the same for both the courses, students can choose the course based on what they are expecting out of an MBA program.