K J Somaiya Placements 2024: Highest Package: INR 28.25 LPA

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K J Somaiya Placements 2024: Highest Package: INR 28.25 LPA

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Written By Mansi Jain 

KJ Somaiya MBA Placements 2024 is concluded with 100% placements. The highest package stood at INR 28.25 LPA. A total of 148 recruiters participated in the placement drive. Some of the regular recruiters are Nomura, Asian Paints, General Miils, CRISIL, Indus Valley etc.

KJ Somaiya MBA summer internship placements 2024 is also concluded with 100% internships. KJ Somaiya average stipend for Top 100 batch stood at INR 58.98 K per month. A total of 115 recruiters participated in the placement drive. During the MCA summer internship placement drive 2024, the internship percentage was also 100%. The average stipend for MCA stood at INR 23.9 K per month while the highest stipend stood at INR 55K per month.

KJ Somaiya MCA Placements 2023 is also concluded with 100% placements. The highest package stood at INR 13.50 LPA whereas the average package stood at INR 7.49 LPA.  

KJ Somaiya Placements 2024 Report

Particulars  Placements Statistics (2024) Placements Statistics (2023) Placement Statistics (2022)
Batch Size Yet to be declared by the institute 614 549
Number of recruiters 148 117 201
Number of new recruiters Yet to be declared by the institute 40 45
Highest Package INR 28.25 LPA INR 25.96 LPA INR 26.50 LPA
Average Package Yet to be declared by the institute INR 12.32 LPA INR 10.98 LPA
Median Package Yet to be declared by the institute INR 11.75 LPA INR 10.25 LPA
Average Package of Top 100 INR 17.34 LPA INR 16.38 LPA INR 15.82 LPA
Average Package of Top 200 INR 15.80 LPA INR 14.79 LPA INR 13.55 LPA
Average Package of top 300 INR 14.75 LPA INR INR 13.93 LPA INR 12.54 LPA
Top sectors Banking & Financial Services Banking, IT & Financial Services Banking & Insurance Sector
Top recruiters - - Zomato, SBI, ITC Limited, Airtel, EY, Hindustan Unilever Limited

KJ Somaiya Placements Year - Wise Trends

The below table represents the year - wise trends of KJ Somaiya:

Particulars Highest Package Average Package
2023 INR 25.96 LPA INR 12.32 LPA
2022 INR 26.5 LPA INR 10.98 LPA
2021 INR 29.7 LPA INR 9.4 LPA
2020 INR 28.5 LPA INR 10.8 LPA
2019 INR 27.5 LPA INR 10 LPA

KJ Somaiya average package increased from INR 10.98 LPA in 2022 to INR 12.32 LPA in 2023, while KJ Somaiya highest package decreased from INR 26.5 LPA in 2022 to INR 25.96 LPA in 2023.

KJ Somaiya Placements Top Recruiters

KJ Somaiya Placements Top Recruiters

KJ Somaiya Placements 2023 Batch Profile

The below info - graph represents the 2021-23 batch profile of KJ Somaiya:

KJ Somaiya Placements 2023 Batch Profile

The 2021 - 23 batch of KJ Somaiya comprised 41% male students & 59% female students. Among all the students, 52% were freshers & rest of the students had previous work experience. Most of the students were from the Engineering background.

KJ Somaiya Summer Internship Placements 2024 Report

Batch Internship Statistics (2024) Internship Statistics (2023)
Total Strength NA 617
Percentage of Internship Offers NA 100%
Number of Companies Participated 115 113
New Recruiters NA 40
Highest Stipend NA INR 55 K per month
Average Stipend NA INR 23.898 K per month
Top 100 Average Stipend INR 58.98 K per month NA
Top 200 Average Stipend INR 43.36 K per month NA
Top 300 Average Stipend INR 32.74 K per month NA

KJ Somaiya Placements 2021 Company Wise

The following table represents the company wise placements for the batch 2021 at KJ Somaiya:

Company No of offers Role CTC (INR in LPA) 
ITC Limited 1 Area Manager Trainee 13-14
Bharti Airtel 1 Account Manager 10
Amazon 4 Account Specialist / Program Manager 13-15
Reliance Retail 1 Management Trainee 9-11
EY 12 Consultant 10-11
ICICI Bank 1 Management Trainee 9.5-11
Barclays Corporate and Investment Bank 3 Market Risk Analyst 9-10
BNP Paribas 1 Trade Analyst 9-11
Adani Wilmar 1 Management Trainee 10
Arcesium 4 Analyst 20-22
TCS 4 Consultant 9-11
Deloitte 15 Consultant 10
Dell 4 Account Sales Manager 10
Colgate-Palmolive 2 Associate Analyst 12-15
L&T Financial Services 2 Manager 9-11
Cognizant 7 Consultant 8-15
Kotak Securities 1 Financial Analyst 9-10
ICICI Bank 26 Manager 9.5
Godrej & Boyce 3 Manager 8-10
CITI 6 Financial Planning Analyst 14
JP Morgan & Chase 4 Analyst 12-14
IBM 2 Consultant 9-11
Axis Bank 17 Manager 9-10
VE Commercial Vehicles 2 Management Trainee 8-9
Morgan Stanley 6 Associate 8
Wipro 6 Consultant 7-9
Capgemini 4 Consultant 7-10
Mercedes Benz 0 Management Trainee 8-10
GSK 0 Management Trainee 10-12
Quickr 0 Management Trainee 10-12
HUL 0 Sales 12-15
Tata Capital 1 Marketing Manager 10
Accenture 7 Senior Analyst 9-14
TTK 0 Management Trainee 10-12
LG 0 Management Trainee 10-13
HP 1 Sales Specialist 14-15
HDFC Bank 11 Product Portfolio, Management Trainee 9.5
Marsh India 9 Client Executive / Management Trainee 10-12
HDFC Life 7 Management Trainee 8-10

KJ Somaiya Alumni Network

Name of Organizations Number of Alumni
Infosys 200
KJ Somaiya Institute of Management 183
Accenture 182
JP Morgan Chase & Co. 168
ICICI Bank 163
Deloitte 143
EY 134
HDFC Bank 132
Tata Consultancy Services 128
Axis Bank 112
Capgemini 97
CRISIL Limited 80
Cognizant 80
Citi 77
GEP Worldwide 62

KJ Somaiya Placements FAQs

Ques. How many recruiters participated in KJ Somaiya Placements 2024?

Ans. 148 recruiters participated in KJ Somaiya Placements 2024.

Ques. How many students were placed during KJ Somaiya Placements 2023?

Ans. KJ Somaiya Placements 2023 achieved 100% placements.

Ques. What was the highest package offered during KJ Somaiya Placements 2024?

Ans. The highest package offered was INR 28.25 LPA during K J Somaiya Placements 2024.

Ques. What was the average package offered during KJ Somaiya Placements 2023?

Ans. Students received an average package of INR 12.32 LPA during KJ Somaiya Placements 2023. 

Ques. What was the median package offered during KJ Somaiya Placements 2023?

Ans. The median package stood at INR 11.75 LPA during KJ Somaiya Placements 2023.

Ques. Who are the prominent recruiters of KJ Somaiya Institute of Management?

Ans. Recruiters like ITC Limited, Airtel, Amazon, Bisleri, EY, Mercedes Benz etc are the prominent recruiters of KJ Somaiya Institute of Management.

KJ Somaiya Institute of Management Highest and Average Package

Highest Package
28.25 L
05.7 Lakhs11.3 Lakhs16.9 Lakhs22.6 Lakhs28.3 Lakhs

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Why To Join KJ Somaiya Institute of Management - Reviews & Rating

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5(44%)
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2(8%)
1(2%)

Academic
4.0
Faculty
3.9
Infrastructure
4.3
Accommodation
3.6
Social Life
4.2
Placement
3.8

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Placement Experience:

The placements are overall satisfactory there is benefit of city like mumbai as all companies visit as compared to tier 2 cities like pune and any other college in there it is very good every student get their chance of getting placed in type of company they want to get in according to their branch and their interest

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rahul vijayvargiya
rahul vijayvargiya MBA, General (Enrolled 2023) Reviewed on Jun 5, 2024
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Placement Experience:

Since the number of students admitted is very high (More than 650) and it is increasing every year, the placements are affected. The average placement for MBA core lies between 12.5 to 13 lakhs per annum.

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Anirudh Mukherjee
Anirudh Mukherjee MBA, General (Enrolled 2023) Reviewed on Mar 14, 2024
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Placement Experience:

At KJ Somaiya Institute of Management and Research (SIMSR), students become eligible for campus placements from the second semester onwards. Companies like Deloitte, KPMG, HDFC Bank, and Amazon visit for placements, offering diverse roles in finance, consulting, marketing, and operations. The highest package offered is around INR 27 LPA, with an average package of INR 14 LPA. The placement percentage is usually high, with around 90% of students securing placements. In case of no campus placement, post-graduation plans may include pursuing further studies, entrepreneurship, or seeking employment through off-campus opportunities based on acquired skills and networking.

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Animesh Majumdar
Animesh Majumdar MBA, General (Enrolled 2023) Reviewed on Mar 14, 2024
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Placement Experience:

Placements are decent, average package is around 14 Lakhs and highest goes around 26-29 Lakhs 100% placements My plan is around joining corporate after getting the degree and eventually having a startup to run

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Anushka Vajpayee
Anushka Vajpayee MBA, General (Enrolled 2023) Reviewed on Mar 14, 2024
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Placement Experience:

Placements were decent this year. We had an average of around 13-14 Lakhs per annum which seems to be considerable increase from the last year. 650 students out of 700 are placed till now. And, the rest 50 will also get placed by the time year ends.

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Kartik Kakani
Kartik Kakani MBA, General (Enrolled 2022) Reviewed on Mar 6, 2024
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Placement Experience:

Placements starts from the second year and the companies start coming from the month of September itself. All big companies including Big 4 come for FInance and other FMCG companies come for MArketing roles. The highest Package is 21,00,000 by some caompanies and the average CC is around 12,00,000. he college focuses on placements and makes sure everyone gets placed at the end of the day unless and until the student wants to opt out and start searching for companies outside(Not Recomended).

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GOKUL LAKSHMANAN M MBA, General (Enrolled 2023) Reviewed on Mar 5, 2024
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Honest one

4.0Helpful

Placement Experience:

Placements are above average. The average package was Rs. 1250000. The entire batch of 650 gets placed in the end. However, many students have to goto sales roles if they are not palced in the beginning, even if they have a finance major. Placement Committee here is infamous for being opaque and dishonest with the students.

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Gaurav MBA, General (Enrolled 2023) Reviewed on Mar 4, 2024
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Life at SIMSR

3.6Helpful

Placement Experience:

Average placement is around 12.5 lac. Advisable to view college's website and also highest was 25 lac around this year. Placmenets are decent and can get campus placements in here Many reputed companies do visit for placemnets

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Anushka MBA, General (Enrolled 2023) Reviewed on Mar 4, 2024
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Placement Experience:

College placements are conducted through Placement committee which is a faculty led, student run body of KJ Somaiya. Placements for internships as well as jobs are given through college. Each company shortlists candidates based on their CVs and the requirements of the job description. It is not necessary that people with job experience may get shortlisted as it depends on requirements of the companies from potential candidates. Companies such as Gartner, Morgan Stanley, JP Morgan, HSBC, Delloite, Accenture, Cognizant, Cisco, etc visit for placements. The number of students selected may vary as per student performance and company requirements. Some companies such as ICICI, HDFC, TCS etc are mass recruiters while some select as few as 2/3 candidates. Average internship package is Rs 30,000 per month and for final placements it is 12-14LPA. 75 - 80% students get placed. Students can opt out of placement process if they get an offer externally. Placements begin from First trimester itself

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ASHISH MAHESH KHARE
ASHISH MAHESH KHARE MBA, Finance (Enrolled 2023) Reviewed on Mar 4, 2024
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Placement Experience:

Students are eligible for summer placement August ok onwards, healthcare management has SIP along with core MBA people with average placement of 12.5 lacs and highest for the year being 16 lacs. Some of the companies visinting are Deloitte, Tata communications, etc. There is 100% placement here so everyone gets a chance to present themselves

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SHENVI TALAULIKAR ANUSHKA PUNDALIK
SHENVI TALAULIKAR ANUSHKA PUNDALIK MBA, Health Care Management (Enrolled 2023) Reviewed on Feb 21, 2024
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KJ Somaiya Institute of Management: 15 Answered Questions

What is the placement scenario at K J Somaiya?

Ishita BhattB.Tech. Computer Engineering, K. J. Somaiya College of Engineering (2018)

The placement scenario for K J Somaiya is pretty good. Big MNCs visit the campus but the probability of the students being selected or rejected depends on the student’s knowledge as well as their skill set.

The environment of K J Somaiya is very competitive. Students put in their best and work extremely hard to learn new things like programming languages, platforms, etc. It is because, by the end of the engineering degree, everybody lies at an equal level and is equally knowledgeable.

Category

K J Somaiya

Companies Visited

Quikr, Hindustan Unilever, etc.

Average Package

5.57 Lakhs

Highest Package

18.76 lakhs

Total Recruiters

80

Total Offers

611

Highest Recruiting Sector

IT

If you wish to grab the best package, you need to stand out and offer something unique from your end with regard to knowledge as well as personality. This stands true for all the other colleges as well, including IITs and VJTI. 

If you are an exceptional student, you will be able to grab a good job irrespective of your college name. On the other hand, if you are an average student who is struggling to pass the subjects, then you will get an average package which would range around 25,000 per month or even worse, might not get a job at all.

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What is the placement scenario in KJ Somaiya or DJ Sanghvi?

Sounak Banerjee
Megha BhallaBachelor of Engineering Computer Engineering, Dwarkadas J. Sanghvi College of Engineering (2018)

The placement in D.J. Sanghvi is decent with salary packages ranging from 3-12 Lakhs per annum. The points below give a brief overview of the run-through of the entire placement scenario in D.J. Sanghvi.

  • The placement session usually starts from the beginning of the 4th year. The first company visiting the campus is mostly Morgan Stanley, providing the highest salary package (14-16 LPA).
  • The entire placement sessions go on for a year, with an overall of about 35-40 companies, and a salary range of about 3-12 LPA offered to students.
  • J.P Morgan performs a 24-hour hackathons “Code for Good” and recruits students from it.
  • Some other names of MNCs visiting the campus just after Morgan Stanley include Directi, ZS associates, Indus Valley, etc. Several companies like EnY, LTI, Deloitte, Dollar Capital, etc provides appreciable salary packages.
  • Almost every student from Computer science and IT gets at least one job offer in placement. Mass recruiters like TCS and Infosys visit the campus, recruiting a bunch of students.
  • You will get several opportunities in placement, with different roles in companies. Seniors provide a lot of help for preparation and useful placement tips.

Overall, the placements can be considered to be really good in D.J. Sanghvi and so, taking up a job with a decent salary before a Masters's degree is quite satisfying.

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Does GIM, FORE, KJ Somaiya & SIBM-Bangalore provide 100% placement? What is the lowest, highest, and average package offered from these B-Schools in the last few years? Which one will be the best to j

Gaurav Goplani
Aditya GodambeB.Tech in Electronics, K. J. Somaiya College of Engineering (Graduated 2020)

Yes, GIM, FORE, KJ Somaiya & SIBM-Bangalore all these B Schools enjoy 100% placement percentages. Speaking about figures, the highest and average packages of the mentioned colleges have been tabulated below. 


 

College 

Average Package

Highest package

GIM

INR 12.1 LPA

INR 30.2 LPA

FORE

INR 14.04 LPA

INR 41 LPA

KJ Somaiya

INR 10.98 LPA

INR 26.50 LPA

SIBM Bangalore 

INR 10.60 LPA

INR 32 LPA

More than figures, the deciding factors for your choice of college should be your interest, strengths, area of specialization and most importantly why you are pursuing an MBA. 

My friend is a pass out of SIMS. According to her, some features of SIMS are

  • the majority of the batch gets placed well in the 1st half of the academic year itself.
  • use of technological advancements in our day-to-day classroom life
  • qualified and knowledgeable faculty
  • Diverse crowd
  • Strong alumni base

All these features make SIMR one of the best B Schools of India. 

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Which is better as per placements and quality of education: GIM, SIIB, Fore IB, or KJ Somaiya?

Ankita Rakshit
Kiran JatoliaB. Tech in Electronics Engineering (courses), Veermata Jijabai Technological Institute (Graduated 2017)

Although all the B Schools you mentioned are very good, the one I would personally recommend is FORE. Some points that favor my recommendation are

  • Location-based crowd: All the other colleges you mentioned have students mainly from Mumbai. But FORE located in New Delhi, the heart of the country has students from all over India.
  • Placement: Here’s a tabular comparison of the average and highest CTC of the colleges. 

College 

Average Package

Highest package

GIM

INR 12.1 LPA

INR 30.2 LPA

FORE

INR 14.04 LPA

INR 41 LPA

KJ Somaiya

INR 10.98 LPA

INR 26.50 LPA

SIBM Bangalore 

INR 10.60 LPA

INR 32 LPA

  • Fees: 

GIM: ?18,31,200

FORE: Rs.16,98,000

KJ Somaiya: ?9.59 Lakhs (one year)

SIBM: INR 3.53 L - 16.62 L(for 2-3 years)

FORE offers industry oriented certifications and International Immersion Program. So looking at the overall picture we can say all 4 colleges give each other tough competition but FORE takes the lead.

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MBA in India: Which is better, TAPMI or KJ somaiya? Please judge solely on basis of package and placements

Sabeer Chalana
Krunal SampatBtech in Mechanical Engineering, K. J. Somaiya College of Engineering (Graduated 2018)

krunalI don’t think judging a college solely on the basis of placements is justified. Yet I have tabulated the placement statistics below to give an overall comparison.

Particulars

TAPMI

KJ Somya

Average CTC

INR 12.6 LPA

INR 10.98 LPA

Highest CTC

INR 32.2 LPA

INR 26.50 LPA

Number of Companies 

100+

201

Placement Percentage

100%

99%

Other factors you can consider to decide which is better are

Location: Location-wise K J Somaya has an upper hand as it is in Mumbai, the financial hub of India. TAPMI is situated in Manipal, The student hub.

Campus: TAPMI has a much better and more beautiful campus and infrastructure than KJ Somaiya.

Accreditation: TAPMI has an upper hand as it has coveted AACSB accreditation and is among the first institutes in India to get so.

So make a choice not just on the basis of placements but also consider other important factors.

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Which college is better for MBA in finance, TAPMI or K J Somaiya or NIRMA University considering average placement salary offered in Finance and Fees?

Ranjit JainMBA from K.J. Somaiya Institute of Management Studies and Research (2019)

Pursuing MBA in any branch from any of the given colleges will give you the best curriculum and environment to grow and upskill yourself. The placement reports of these colleges are scaling recently. MBA in Finance is one among any of these that would be a great opportunity to grab and K J Somaiya will be a great option.

One of my cousins pursued Finance from K J Somaiya and he told me that good companies come for summer and final placements and offer a good package for finance people.

Particulars

K J Somaiya

TAPMI

Nirma University

Fees

2.97 LPA - 16.29 LPA

15.1 LPA

7.24 LPA - 16.3 LPA

Companies

Jaro Education, Calvin Klein, ICICI Bank, OUTLOOK, HDFC Bank, etc.

Deloitte, EY, KPMG, Accenture, ITC, Wipro, Infosys, ICICI Bank, etc.

Reliance industry, L&T Technology Services, Worley Engineering, etc.

Package

Rs 28.50 LPA

Rs 25 LPA

Rs 19.1 LPA

In terms of fees also K J Somaiya is better compared to other colleges given. You should not miss this chance to apply. Being located in the financial capital, it has an edge over others. TAPMI is good only for IT mainly and location plays a big advantage here.

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

Praver Katyal
Prasad SawantMBA 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.

...Read More
0
0

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

Sugandhi Sood
Banika GairaPGDM 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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0
0

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

Debdeep Majumder
Sahil AgarwalMMS 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.

...Read More
0
0

How good is KJ Somaiya PGDM Communications? And how good are the placements?

Raktim Tarafdar
Nikita MehtaStudied PGDM in International Business at K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2020)

Although all the courses offered at KJ Somaiya are equally good, its Marketing discipline is the most coveted one. Also there is no partiality during placement of students of various disciplines. Every student is allowed to sit for PPT and then for final interviews after selection.KJ Somaiya conducts a transparent and unbiased placement drive. Students from Finance, Marketing, Operations and HR get segregated during the initial selection process.

A number of companies visit the campus for placements. The placement committee makes sure that every year new companies also line up in addition to the many companies that visit every year. So I don’t think placements should be a concern for anyone getting into KJ Somaiya.

...Read More
0
0
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KJ Somaiya Institute of Management Alumni Distribution by Sector

Business Development 16%
Sales 13%
Operations 11%
Consulting 9%
Finance 9%

Frequently Visited Companies

Companies
AmazonCarrierCognizantDell
Ernst & YoungIBMInfosysJP Morgan Chase & Co.
OracleSAPWiproAccenture
Asus TechnologyBarclays BankBlue StarCroda
DeloitteDeutsche BankGoldman SachsGoogle
HDFC BankHewlett-Packard (HP)HSBC BankITC

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Comments


2 Comments
A
ankita banerjee
Is KJ Somaiya good for Placements?
S
siddhi singh
Who are the Top Recruiters of KJ Somaiya?
A
Ashish Ramtari

The top recruiters of KJ Somaiya include ITC, Airtel, Amazon, Bisleri, Carrier, Croda, Mercedes, EY, Asus, Barclays, PWC, Kantar, Ugam, Group On, Grofers, Bajaj,, Puma, LG, Gulf, Dell, Google, Food Panda, L and T, Landmark, Deloitte, Black Rock, Byju’s, Godgej, Citi Bank. 


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