KJ Somaiya Institute of Management offers a supportive learning environment with a favorable faculty-to-student ratio of 1:10. Over two years, students undergo six exams, with faculty readily available to assist. The institution boasts a strong placement record, with 171 recruiters participating and a placement rate of 97% from around 700 students. The average salary package is approximately 12.23 lakhs per annum, with the top package reaching 22.50 lakhs. Despite market challenges, the average salary increased to 13 lakhs.

Internships, starting in September for first-year students, offer diverse roles, especially in finance. The average stipend for summer internships is 25,000 INR per month, with the highest at 1.86 lakhs. Notable recruiters include JP Morgan, Cisco, and Tata Consultancy, with core marketing roles being less numerous. While some internships were unpaid, the institute supports students through career counseling and workshops. The tuition fee for the two-year MBA program is around INR 20 lakhs, excluding hostel and mess costs of an additional INR 2.5 lakhs.

Fees are paid in three installments. The institute offers scholarships and financial aid, including merit-based and need-based options like the Somaiya and Merit Scholarships. These scholarships are competitive, with some covering up to INR 16 lakhs, though awarded to only a few exceptional students. Despite high fees, the institute justifies the cost with its quality resources and learning opportunities, and educational loans are available for financial assistance.

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Why To Join Somaiya Vidyavihar University Mumbai - Reviews & Rating

3.8

(9 Verified Reviews)

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5(53%)

4(30%)

3(4%)

2(11%)

1(2%)

Academic

4.1

Faculty

4.0

Infrastructure

4.4

Accommodation

3.9

Social Life

4.5

Placement

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College Ninja

5.0Helpful

MBA, General

Reviewed on Dec 21, 2024(Enrolled 2024)

KJ Somaiya Institute of Management

Fees and Financial Aid:

Year 1 Tuition fees 8,89,350 Development fees 1,77,850 Deposit (refundable) 10,000 Total: 10,77,200 Year 2 Tuition fees 9,60,500 Development fees 1,92,100 Alumni Association fees 2,500 Total: 11,55,100 Hostel and mess fees for 10 months: 2,75,000 With a break up of 2,15,000 for hostel and 60,000 for mess

4.2

Reviewed on Dec 17, 2024(Enrolled 2022)

THE TRUTH ABOUT KJ SOMAYA

Dislikes

High fees are taken but the service provided doesn't match the fees at allll

This college is just for fun it's not good for studies , students/seniors there they will definitely distract you but if you are students who are focused fully willl definitely grace it and if you get into girls you will definitely be done

Reviewed on Dec 4, 2024(Enrolled 2023)

K J Somaiya: The journey

Likes

Curriculum is well designed and they have a stable timetable for both years

75% attendance is mandetory. Even if you're sick, you have to submit your medical certificate.
Fees charged for 2 years is too high when compared to same category colleges.
Placements are a bit disappointing according to the fees paid.

Total fees for the course is 20 lakhs for 2 years. Year wise fee is 10 lakhs. Reservation fees is unknown but they do have provisions for reserved category. Scholarships upto 16 lakhs is available for grabbing which, in our batch was given to only 2 students with excellent profile.

Arnav Londhe

3.5Helpful

Reviewed on Sep 30, 2024(Enrolled 2024)

KJ SIM review

hostels are not at par with the fees they take.

year-wise I will be paying around 1250000 inr. caution fees is around 30,000inr. I have no idea about the charges during the course completion as per the category. Merit based scholarships are available upto 100% fees wave. Also sports based scholarships is available.

rahul vijayvargiya

4.5Helpful

Reviewed on Jun 5, 2024(Enrolled 2023)

Such a great college Kj is

The fee structure for the batch 2023-25 is 20 lakh of 2 year full time mba there are mode of payments as i don't know much abour scholorships but i can tell that there are some brilliant students who got scholorship and they are doing the whole mba course in just 4 lakh rupees and it is really well

Anirudh Mukherjee

3.1Helpful

Reviewed on Mar 14, 2024(Enrolled 2023)

Review for KJ Somaiya

The fees of this college is very high. It could be lowered.
The rooms are not Air Conditioned even after taking such high fees.
The food could be improved. We pay 6000 per month and the food is very bland.

I would say that the fees is very high. We are paying more than 20 Lakhs and the ROI is not upto the mark. The average placement package is somewhere between 12.5 to 13 lakhs, which has dipped this year considering the global recession.

Animesh Majumdar

3.4Helpful

KJ Somaiya : A great mix

Student Snaps:

At KJ Somaiya Institute of Management and Research (SIMSR), tuition fee increases occur periodically, typically with each academic year. The complete cost of education includes tuition, service fees, and other compulsory charges, varying by program. SIMSR offers scholarships and financial aid, including the Merit-cum-Means Scholarship and the Somaiya Scholarship Program, with varying amounts based on criteria such as academic performance and financial need. Campus employment opportunities are available through work-study programs, with roles ranging from research assistants to administrative positions. Stipends for campus employment vary depending on the role and responsibilities undertaken.

Anushka Vajpayee

We believe in Somaiya

The tution fees mostly increases every year, the complete cost of education would be around 21-22 Lakhs There are some scholarships given based on reservations and academic excellence based on previous academic records For the summer internship, the average is around 20000, my own internship is 10000 per month for market research role

Aniruddha Vichare

3.7Helpful

Reviewed on Mar 11, 2024(Enrolled 2023)

K J Somaiya Institute of Management inside out!

Return on Investment : Average CTC = INR 1250000 and Fees : INR 1969000

The tuition fee is hiked years very year taking into consideration the increased reputation of the college every year. The complete cost for a two year MBA course is INR 1969000.00 which is expected to get hiked to approximately INR 2050000.00 for the next academic year. Scholarships are scarce. The college gives scholarships on the factor of academic excellence coupled with economically weaker condition. The return on investment is low as the average package is around INR 1250000.00

ANUSHKA RITUL

4.0Helpful

Reviewed on Mar 8, 2024(Enrolled 2023)

Full fledged review

While I'm not well-versed in the details of scholarship programs, I can provide clarity on the structure of college and hostel fees. Over the two-year duration of the program, the college fees amount to 20 lakhs, evenly divided across semesters. Hostel availability hinges on prompt booking, with the girls' hostel being particularly commendable for its swift resolution of any issues. However, securing accommodation can be challenging for CMAT-admitted students due to high demand.

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