Remarks
The selection criteria includes qualifying exams (CAT/ XAT/ CMAT/ NMAT/ GMAT)- 35% weightage, group discussion-17%, personal interview- 25%, work experience 5%, past academic record- 10% and outstanding achievements -8%. The pros of the college include its rich faculty, diverse clubs and student committees as well as accomplished alumni base. The institute was established in its early 80s which knits a good network of its alumni across the globe. I referred to the college website as well as few online portals including collegedunia. I preferred this college over my other converts due to its location-Mumbai-the Industrial hub of the country and its decent placements.
Course Curriculum Overview
The faculty-student ratio is 1:20. The faculty includes acclaimed PhD holders and various industry experts from the corporate world. The exams are held on a trimester basis each term consisting of an end-term and a midterm exam.
Internships Opportunities
100% of students bag summer placements. The key recruiters include PsC, KPMG, ITC, Asian Paints, Nestle, Virtusa, HSBC, FedEx, eBay, Blackrock, ICICI Bank, Blue Star, LG etc. The average stipend offered is Rs 19,100 per month and the highest stipend offered is around Rs 1.43 lakhs per month.
Placement Experience
The average placements lie around Rs.11.67 Lakhs. The highest package offered is Rs. 28.1 Lakhs. 99.1% of students get placed. The key recruiters are GEP, Gulf, Aditya Birla, Piramal, eBay, Barclays, IBM, GEP, KPMG, VLCC, Zomato, LG, Puma, Nomura, Ambuja Cements, HDFC etc.
Fees and Financial Aid
The fees are around Rs.16.89 lakhs. Students can apply for mortgage-free loans from several banks offering a rate of interest ranging from 7.5% to 13.11%. The fees hike is at the discretion of the Institute management board. There is a record of 100% summer placements. I was placed in an FMCG sector in the role of a digital marketing intern.
Campus Life
The students have access to various journals, business magazines, live databases and various case studies from Ivy Institutes. The campus is wi-fi enabled. Events held in the institute include Anveshan, Entrepreneur expo, Resolution, Stratinova, Navikaran, Kurukshetra, Pangea, Melange etc. The student committee bodies-to name a few are-Acumen, Aspire, Sports Committee, Pathfinder, FinStreet, Enactus Somaiya Social cell etc.
Interview Experience
The group discussion occurs in batches consisting of 10 students each. The topic of the GD was "Outsourcing of India is shifting from services to manufacturing". The personal interview included questions- Are you a leader? justify Comment on books being converted into movies, In what cases dividend sharing of the company is affected?, Name a couple of entrepreneurs who have been putting in a great deal of focus on CSR activities, what % of company profit is invested in CSR activities according to Companies Act, 2015 etc.

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