FORE and KJ Somaiya are both excellent. The curriculum is designed in consultation with industry leaders and the growing demands of the industry as an ongoing process at FORE, making it relevant to the workplace. FORE has a strong connection with the corporate world and is a preferred destination for recruiters because it provides value to the recruiter as well. The average CTC offered by both institutes is nearly identical - FORE: INR 14.04 LPA & KJS: INR 12.28 LPA.
If you are not from Mumbai, you must also consider the cost of living. Delhi/NCR is always less expensive than Mumbai.
One of my friends studied in K J Somaiya and knowing a lot about his experiences, I feel I am eligible to answer this question. Though my perception and yours might differ largely, the decision actually depends on each individual.
Being a specialization course it has a great demand among potential candidates. It is a 2-year program making students well aware of the core finance associated subjects and business fundamentals, giving them an upper hand in the subject over any other colleges.
These factors will let you make an informed decision -
The following table gives you the basic details of both the institutes.
Category |
K J Somaiya (PGDM FS) |
FORE School of Management (PGDM) |
Fees |
INR 7.81 Lakhs |
INR 15.98 Lakhs |
Duration |
2 Years |
2 Years |
Recruiters |
PUMA, Aditya Birla Group, Dell, GULF, Deloitte, Piramal, etc. |
ITC, Nestle, Asian Paints, Hindustan Unilever Limited, Bacardi, United Biscuits, etc. |
Average Package |
INR 10.5 LPA |
INR 10.6 LPA |
Highest Package |
INR 27.50 LPA |
INR 30 LPA |
Somaiya Institute is well known for its financial education. Its faculty is also good as Mumbai’s based top CA’s are visiting faculty in Somaiya. Its placement is also good, but accommodation is a bit costly.
Therefore, between these two institutes, you can choose K J Somaiya Institute of Management as most of the financial experts and recruiters to prefer Somaiya Institute over FORE School of Management for recruitment.