The PGDM in Retail Management at KJ Somaiya is a relatively new course and not much can be said about its worth. But I have a friend who is currently pursuing RM at KJ Somaiya. According to him, it’s a good choice for someone with interest in this field to pursue this course because
All this makes the course worth trying.
It depends on various factors including your current CTC if you want to change your domain of work, and the package you expect from the companies. In terms of package and job profile, companies visiting KJ Somaiya consider two main factors during placement.
The following table shows the Placement statistics of the institute for 2020:
|
Categories |
K.J. Somaiya Institute of Management Studies and Research |
|
Placement Percentage (claimed by the institute) |
100% |
|
Average CTC |
10.8 LPA |
|
Minimum CTC |
6.5 LPA |
|
Highest CTC |
28.5 LPA |
|
Recruiting Companies |
Cognizant, Amazon, DE Shaw and ITC |
All in all KJ Somaiya Institute of management studies and research is an amazing institute in terms of curriculum and is fairly good at placements. Make a wise decision upon considering all the factors.
The quality of classes here is so good that if you attend all the classes you will have to do minimal self study. Every concept literally settles in very well. Students who don’t attend the classes regularly really miss out on an opportunity to learn the best by the best.
I will describe the classroom learning at KJ Somaiya further through the following 4 factors:
I hope I haven’t left any doubt uncleared regarding the classroom learning at KJ Somaiya.
Let’s consider the following factors to draw a comparison between TAPMI, BIM Trichy, and KJ Somaiya.
Infrastructure: TAPMI has the most beautiful campus among three having a bigger library, Computer center, FINLAB from Bloomberg. You also get to share facilities from MIT and KMC like
BIM and KJ Somaiya also have a good campus but are not at par with the campus of TAPMI.
Recognition: TAMPI enjoys better recognition of the two owing to its AACSB accreditation.
Fees
Placements:
|
Particulars |
TAPMI |
BIM Trichy |
KJ Somaiya |
|
Average CTC |
INR 12.6 LPA |
INR 10.46 LPA |
INR 10.98 LPA |
|
Highest CTC |
INR 32.2 LPA |
INR 17.5 LPA |
INR 26.50 LPA |
Based on fees, placements and infrastructure TAPMI is the best among the three colleges.
Comparing the 2 B Schools that are KJ Somaiya and NIRMA, I would say both are equal in terms of placements, opportunities and exposure. The only factor you need to consider here is location. NIRMA is a good choice if your hometown is nearby. But if you want to enjoy your college life, explore and make memories, KJ Somaiya is the best. Located in Vidyavihar, a student-dominated area in Mumbai, it has an amazing campus with top-notch facilities.
Placements
The table below draws a clear comparison between both the B Schools.
|
Particulars |
KJ Somaiya |
NIRMA |
|
No. of companies visited |
201 |
102 |
|
Placement percentage |
99% |
100% |
|
Highest package |
INR 26.50 LPA |
INR 26 LPA |
|
Average package |
INR 10.98 LPA |
INR 10.50 LPA |
|
Top Recruiters |
Zomato, SBI, ITC Limited, Airtel, EY, Hindustan Unilever Limited |
Oracle, Hyundai |
So from the table, we can infer that placement-wise both colleges are almost the same. The difference lies in their location and the type of college life they offer.
There is no difference between the placement for PGDM or Postgraduate Diploma in Management course and MMS or Master of Management Studies course offered by KJ Somaiya. The entire batch for both the courses goes through the same placement process.
According to the placement drive 2019-2020 statistics of KJ Somaiya, almost 97% of students have received placements. Students have received job offers from Industrial sectors like Banking and Insurance sector, IT and ITES, Financial Services, Consulting, FMCG, and Manufacturing.
The top recruiting companies included Polaris UK, Accenture, PwC, and Target Inc. A total of 165 companies participated in the placement program and the number of new recruiters was 39. The highest and average CTC received by the students were 28.5 LPA and 10.08 LPA.
The difference is in the PGDM and MMS is mainly the admission process, duration, and the fees. The placement procedure is more or less similar.
Having to know some people studying at both Simsree and K J Somaiya and here are some things that you should know. They both are equally good.
Irrespective of where you go, your responsibility is to get better, participate in competitions, do certifications, and improve yourself holistically. The institute cannot impose anything if you have no intention of doing it.
Between GIM and KJ Somaiya which is the better institute that depends on which domain you will choose. Both the institute is reputed for management education and have their advantages.
Given below is a brief comparison between the two institutes.
|
Category |
GIM |
KJ Somaiya |
|
Accredited by |
AICTE, NBA, AIU |
AIU, NBA |
|
Rank |
48 (NIRF) |
56 (NIRF) |
|
Entrance exams |
CAT/XAT/CMAT/GMAT |
CAT/XAT/GMAT/CMAT |
|
Selection |
Personal Interview |
Group Discussion, Personal Interview |
|
Course fee |
15.98 lakhs |
14.93 lakhs |
|
Placement rate |
100% |
97% |
|
Highest CTC |
25.6 LPA |
28.5 LPA |
|
Average CTC |
11.7 LPA |
10.08 LPA |
|
No of companies visited |
120 |
165 |
|
Top recruiters |
Nestle, Infosys, Deloitte, IBM HP, Wipro, HSBC, Capgemini, Cognizant |
Amazon, Google, Siti, IBM Deloitte, Ernst, and Young HSBC, Mercedes Benz, Bloomberg |
For Finance, KJ Somiya is a better option than GIM. KJ Somaiya has a location advantage as it is situated in Mumbai, the financial capital of India. The course fee of KJ Somaiya is also lower than the GIM.
It is difficult to compare TAPMI and KJ Somaiya. As they belong to the same league of B-Schools and offer good academics and placements.
Given below are some basic facts between KJ financial services or TAPMI PGDM.
|
Parameters |
KJ Somaiya |
TAPMI |
|
Average CTC |
10.1 LPA |
11.6 LPA |
|
Total course fee |
14.93 lakhs |
15.10 lakhs |
|
NIRF rankings |
56 |
27 |
Placements:
The placements of both universities are very similar.
Location:
Faculty and Infrastructure:
Choosing a core PGDM is better than a specialized program. But, the choice of specializations depends on individuals. If you have experience in the finance sector then choosing an MBA Finance program will be of advantage for your profile.
Between KJ Somaiya- FS, FORE IB, and PGDM in GLIM, Gurgaon which one you should choose depends on your perspective and expectation from the MBA degree. Given below is a brief discussion on the programs maintained in the question.
KJ Somaiya:
KJ Somaiya is considered one of the best MBA institutions. Situated in the finance capital of the country, Mumbai, KJ Somaiya offers excellent placements in the Finance domain.
FORE School of Management -
PGDM IB (International Business Management) is a 2 year full time course which aims at preparing students to take up careers in corporate houses and family businesses engaged in International Business Operations. It provides management education in the context of the global business environment.
Great Lakes Institute of Management, Gurgaon -
It is one of the top 5 emerging MBA colleges in Delhi NCR.