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How good is KJ Somaiya for a PGDM in Retail Management? How are it's placements and average package?

PS
Prasad Sawant Posted On : December 26th, 2022
MBA from K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2019)

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

  • The courses at SIMSR are at par with international curriculum.
  • Great exposure and learning through events held throughout the year. One such main event is the Retail Mela.
  • Many committees and student clubs have been set up to promote extracurricular activities 
  • The faculty is experienced and qualified. It does not undervalue the new courses at all.
  • One of the best campuses of India with great infrastructure and facilities.
  • The companies that you should aim for are Ikeya, Walmart ,Future Etc.

All this makes the course worth trying.

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Is KJ Somaiya PGDM good for someone with 2.6 years of IT work experience?

SG
Sreyashi Ghosh Posted On : March 23rd, 2021
Studied at K.J. Somaiya Institute of Management Studies and Research (2019)

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.

  1. Less than two years of work experience: You will be eligible for most of the companies in this case. Some companies do prefer freshers and desire to mould them accordingly. So if you are planning on an MBA inorder to change your niche of work you will most certainly fall under this category. 
  2. More than three years of work experience: Particularly experience in the IT field for more than three years will lead you to better packages. You can literally cash in on your previous experiences.

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.

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How is the classroom learning at KJ Somaiya (SIMSR)?

AG
Anmol Gira Posted On : December 26th, 2022
PGDM in Post Graduate Diploma in Management, K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2020)

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:

  • Infrastructure: No matter how good the teachers are, one needs a proper ambiance to maintain full concentration. The classes at KJ Somaiya are fully air conditioned with comfortable seats. Other facilities include mikes, AV systems and boards.
  • Faculty: Most of the faculties are PhD with corporate experience. They know what they are teaching and are extremely supportive.
  • Study Material: You get new course books from the college and additional soft or hard copy notes from the professors as well. The library is also massive and has elaborate study material. 
  • Methodology: The professors don’t just teach concepts they also teach how to implement them. To make this happen, case studies from HBR, newspaper cutouts and research journals are discussed in class. Some professors even conduct open book exams.

I hope I haven’t left any doubt uncleared regarding the classroom learning at KJ Somaiya.

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Which is a better B-College among these three, TAPMI, BIM Trichy, and KJ Somaiya?

AH
Ayushi Himthani Posted On : December 26th, 2022
Studied at K.J. Somaiya Institute of Management Studies and Research (SIMSR)

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

  • Swimming pool
  • Cricket Ground
  • Football ground
  • Indoor Stadium 

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

  • TAPMI: INR 8,00,000 per year
  • KJ Somaiya: INR 9.59 Lakhs first year
  • BIM Trichy: INR 7,75,200 per year

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.

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How would you compare KJ Somaiya's PGDM with NIRMA's MBA in terms of placement and opportunities? Which one will be better?

BG
Banika Gaira Posted On : December 26th, 2022
PGDM in International Business (college major) & Marketing, K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2020)

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.

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What is the difference in a PGDM and MMS placement scenario KJ Somaiya?

SA
Sahil Agarwal Posted On : September 4th, 2020
MMS from K.J. Somaiya Institute of Management Studies and Research (2020)

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.

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How good is SIMSREE K J Somaiya for an MBA in operations? How are the recruiters and what roles are offered?

AS
Akhil Sawant Posted On : September 1st, 2021
MBA from Jamnalal Bajaj Institute of Management Studies (2011)

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.

  • Both the institutes, for their MMS course, teach the same syllabus specified by the University of Mumbai. So, according to the content, there is no difference.
  • This is generally a good thing that you are specializing in something that roughly 4 to 5% of the batch will specialize in. 
  • It is not as difficult for the placement committee to get companies with specific profiles.
  • The institutes have been there for a fairly long time and both have a steady pool of recruiters. Therefore, placements are not very problematic. 
  • Having said that, placements depend on multiple factors, and nothing can be guaranteed.
  • K J Somaiya has more full-time faculty members whereas SIMSREE has more visiting faculty members. But cannot say the same about the operations specialization.

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.

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Which college out of GIM and KJ Somaiya is better for core MBA?

BS
Barnali Sinha Posted On : September 4th, 2020
MBA from SVKM's NMIMS (2020)

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.

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Which would be better, KJ financial services or TAPMI PGDM?

SG
Sourav Ghosh Posted On : January 4th, 2021
PGDM Core from K.J. Somaiya Institute of Management (2018)

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.

  • For the Finance program in KJ Somiya, students are selected for the finance sector only.
  • Whereas, TAPMI PGDM is a core course and offers placement in various sectors. So, you will get more options for placements. Accenture, Aditya Birla Group, ADP, Airtel, Amazon, etc., are the top TAPMI companies for PGDM.

Location:

  • Location plays a massive role in choosing a B-School. A good location can offer live projects, guest lectures, practical experience in the industry.
  • KJ Somaiya is situated in the heart of the finance capital of the country, Mumbai. If you are interested in the Finance sector then KJ Somaiya will be a great choice for its location.
  • TAPMI is located in a popular educational center, i.e. Manipal. It also offers students good opportunities to explore their field of specialization.

Faculty and Infrastructure:

  • The faculties at the institutes are well-experienced. Since both TAPMI and KJ Somaiya have a legacy of over 30 years.
  • The infrastructure of TAPMI is better than that of KJ.

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.

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Which one should I choose from KJ Somaiya- FS, Fore IB and PGDM in GLIM, Gurgaon?

SM
Suprakash Mitra Posted On : September 4th, 2020
MBA Financial Services, K.J. Somaiya Institute of Management Studies and Research (2020)

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.

  • Admission: Students are shortlisted for admission into the MBA in Financial Services program based on their CAT, XAT, CMAT, or GMAT score and the final selection is based on their performance in Group Discussion and Personal Interview. The total course fee is 14.93 lakhs.
  • Placements: According to the placement statistics of 2020, around97% of students have secured job opportunities. The highest and average salary packages of the institute are 28.50 LPA and 10.08 LPA respectively. The recruiting companies are - Johnson & Johnson, AT&T, Intel, Microsoft, Godrej, etc. Banking & Insurance (31%) and Finance Services (16%) are the top sectors in which students get employed.

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.

  • Admission: The prerequisite to take admission to the PGDM IM program is at least 50% in graduation and valid CAT/XAT/GMAT score. The total course fee is 15.9 lakhs.
  • Placements: Major recruiters at the 2019 placement were Asian Paints, HUL, ITC, Nivea, Philips Lighting, Deloitte, Vivo, HSBC, Schneider electric, etc. The BFSI (Banking, Financial Services, and Insurance) sector made the highest offers with a total of 38% offers. The average salary package offered was around 10.8 LPA.

Great Lakes Institute of Management, Gurgaon -

It is one of the top 5 emerging MBA colleges in Delhi NCR.

  • Admission: For taking admissiona candidate should have a minimum of 50% in their graduation and a valid CAT, GMAT, XAT or CMAT.
  • Placements: The PGDM batch has a 100% placement record. The leading recruiters are Aditya Birla, Axis Bank, Deloitte, Federal Bank, Gartner, Hexaware, ICICI bank, KPMG, NIIT Technologies, SecureNow, etc. The highest and average salary package offered at the institute is respectively 13.6 LPA and 9.15 LPA. BFSI was the top sector with a 41 % placement rate.
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