K J Somaiya Institute of Management – Fees, Admission

K J Somaiya (SIMSR) Mumbai MBA College

SIMSR is well-established in Mumbai and offers 15 courses. It provides a 2 year full-time MBA program, 8 other full-time programs, and 4 part-time programs. K J Somaiya Mumbai offers courses across four streams wherein the two-year full-time MBA program has its specialization offered in International Business; Retail Management; Financial Services; Integrated Marketing Communication; Health Care Management; Human Resources; and Sports Management. KJ Somaiya Institute of Management is a private autonomous institution located in Somaiya Vidyavihar, Mumbai, and is affiliated with Somaiya Vidyavihar University. The candidates here are shortlisted on the basis of CAT Result followed by GD and PI in various specializations.

SIMSR also holds a Somaiya Entrance Test (SET) and MBA CET Result for admission to its 2-year MCA Program. PET exam is conducted for its doctoral-level Ph.D. program. K J Somaiya Institute of Management offers merit-based scholarships, need-based scholarships, and subject-based scholarships to its students. The following are some highlights of SIMSR Mumbai

Particulars	Details
Year of establishment	1981
City	Mumbai
Ownership of K J Somaiya Mumbai	Private
Affiliation	Somaiya Vidyavihar University
Approved by	AICTE
Accreditation	NBA
Mode of education	Full-time, Part-time
Total courses	15 courses across 2 streams
Scholarships offered	Need-based, Merit-based and subject-based
SIMSR Placements	97% (MBA)
International collaborations	The University of Akron University of San Diego Universitas Indonesia
Official website	https://simsr.somaiya.edu/en
SIMSR Fees Structure	Rs 14.93 lakh per annum for a 2-year MBA programme
Admission process	MBA – Appeared for CAT/XAT/CMAT/GMAT/NMAT, and valid scores of the last three years are accepted for GMAT. MBA Executive – Appeared for CAT/XAT/CMAT/GMAT/NMAT, and valid scores of the last three years are accepted for GMAT plus Minimum 5 years of work experience after graduation is mandatory. MCA – Mathematics is one of the subjects at 10+2 or graduation level examination and candidates have to appear either for Maharashtra MCA Common Entrance Test (CET) or Somaiya Entrance Test (SET).
K J Somaiya Mumbai Cut Off	80-85 percentile (CAT)
SIMSR Packages (Average)	Rs. 9.83 lakhs per annum

K J Somaiya Institute of Management Placements

Despite a subdued and overwhelming economy owing to the COVID-19 pandemic, the final placements at SIMSR Placements in the last year was started with improved figures, especially the highest salary offered was Rs 28.5 LPA (the best in the past three years).

The K J Somaiya Institute of Management Mumbai average salary package that was offered was Rs 10.8 LPA. Over 210 recruiters visited the campus for final placements in 2021. The major sectors of recruitment were banking, finance, consulting, FMCG, and IT. SIMSR Placements achieved 100% placements wherein IT, Consulting, and Banking were the best recruiting domain with 34%. Note all the details of the XAT Syllabus and be prepared according to the chapters covered in the exam.

Here is a brief overview of K J Somaiya Institute of Management Placements:

Particulars	Statistics
Students participated	552
No. of recruiters at K J Somaiya Mumbai	201+
First-time recruiters	67+
Average packages at SIMSR	INR 9.41 LPA
SIMSR highest salary offered	INR 29.75 LPA

SIMSR Mumbai Placements Process

K J Somaiya Institute of Management (SIMSR) has a specialized placement cell in the form of a Career Management & Corporate Relations team that handles the entire final placement process and its related activities. During last year’s SIMSR Placements, all the activities related to corporate connect were conducted online due to the COVID-19 pandemic using applications like Zoom, Go to Meeting, Microsoft Teams, WebEx, etc. The following steps have been followed during K J Somaiya SIMSR final placement process

• Step 1: The placement cell sends invitations to companies through email.
• Step 2: Interested students can signup for the choice of their K J Somaiya selection process.
• Step 3: The cell holds a Pre-Placement Talk (PPT) with the student to have a serious discussion about the selection process and the job description.
• Step 4: The students are shortlisted according to their resume and batch profile.
• Step 5: After the scrutiny based on the above step, the selection of candidates depends on an aptitude test, psychometric test, Group Discussion, group interview, and Personal Interview.
• Step 6: Finally, offer letters are awarded to the selected candidate along with a job confirmation.

KJ Somaiya SIMSR Summer Placements

The students of K J Somaiya Institute of Management had a good experience with 100% summer placements, especially during the pandemic situation. Although many companies backed out, many others made lucrative offers to students. A detailed SIMSR placement report is given below:

Criteria	Details
Highest Stipend	INR 90,000 per month
Average Stipend at SIMSR	INR 13,900 per month
Summer Internship Recruiters	139
First-time recruiters at K J Somaiya	76
Summer placement rate	100%

☛ Related Link:

• CAT Registration
• XAT registration
• NMAT Registration
• CMAT Registration
• MBA CET Registration

SIMSR Placement Trends

K J Somaiya institute of management has witnessed 100% placements, an increase in the highest CTC offered to candidates, but a deterioration in the average CTC offered. The gender diversity in the placements was 61% males and 39% females, the maximum number of students being from the Engineering background. Note the table below to get the placement data of SIMSR based on the work experience of the candidates.

Work Experience	Percentage of Students
Less than 12 Months	64%
13-36 Months	31%
37-72 Months	6%

Go through the table below to get SIMSR Placement Data on the basis of the educational background of the candidates.

K J Somaiya Mumbai Course	Percentage of Students
Engineering	47%
Commerce	28%
Management	12%
Science	8%
Arts and Others	5%

SIMSR Packages

Here is a quick glance at the K J Somaiya Placement last years trends (salaries in lakhs per annum):

Year	Average CTC	Highest CTC
2017-19	10	27.5
2018-20	10.8	28.5
2019-21	9.4	29.7

Sector-wise K J Somaiya Placements were great in the IT and Consulting segment in the last year, with the highest CTC of 15.5 LPA. SIMSR witnessed participation from multiple returning recruiters and several new companies. Also Check: MBA Cet Syllabus

K J Somaiya (SIMSR) Packages in IT & Consulting Sector

The below table has listed the packages offered to the students of K J Somaiya Institute of Management, who got placed IT and Consulting sector.

Company	Role	SIMSR Packages	Number Of Students
PwC	Consulting	14.5 LPA	1
EY	Analyst	10 LPA	6
Accenture	Multiple	14 LPA	15
Wipro	Analyst	9 LPA	4
Deloitte	Analyst	10 LPA	6
Dell	Sales	10 LPA	3
Capgemini	Consulting	10.5 LPA	5
HP	Manager	15 LPA	2
Cognizant	Associate / Analyst	15.5 LPA	5
Michael Page	Consulting	12 LPA
Infosys	Consulting	10 LPA	27
HCL	Management	12 LPA	8
Media.net	–	10 LPA	0
Evaluserve	Analyst	9.5 LPA	2

Analytics and Ecommerce Packages at K J Somaiya Institute of Management (SIMSR)

Go through the table below to know the SIMSR (K J Somaiya) Packages in Analytics and ecommerce sector.

Company	Role	SIMSR Packages	Number Of Students
Amazon	Manager	9.5 LPA	2
Byju’s	Business Development	13 LPA	1
Kantar	Consulting	10 LPA	3
NinjaCart	Multiple	8 LPA	0
MuSigma	Analyst	13 LPA	0
Fractal Analytics	Consulting	9 LPA	2
Zomato	Multiple	11 LPA	7

K J Somaiya SIMSR Packages: BFSI Sector

Note the table below to get an idea of the packages offered in SIMSR Placements in the last year for the job opportunities in BFSI Sector.

Company	Role	K J Somaiya Packages	Number Of Students
SBI Card	Management	9 LPA	3
Barclays	Analyst	10 LPA	2
DaraShaw	Management	11 LPA	1
Arcesium	Analyst	21 LPA	6
HDFC Bank	Management	9.5 LPA	4
CRISIL	Multiple	6.5 LPA	8
Axis Bank	Manager	9.3 LPA	7
CITI Bank	Analyst	13.5 LPA	5
Aditya Birla Capital	–	8 LPA	–
YES Bank	–	9 LPA	–
Kotak Mahindra Bank	Manager	10 LPA	3
ICICI Bank	Manager	9.5 LPA	6
DE Shaw	Analyst	28.5 LPA	1
Morgan Stanley	Associate	8 LPA	4
Tresvista	–	14 LPA	–
Marsh	Management	10.5 LPA	3

SIMSR Placements Packages in the Sales

Below is the list of salary packages offered to the students of K J Somaiya Mumbai who got placed in the sales sector. Practice CAT Question Paper as many times as you can to improve your accuracy and confidence to solve the questions.

Company	Role	SIMSR Packages	Number Of Students
Zolo Stays	Strategy	16 LPA	–
Berger Paints	Executive Trainee	12 LPA	2
Randstad	Advisor	9 LPA	2
TATA Motors	Multiple	10 LPA	7
ITC	Area Management	13 LPA	3

K J Somaiya Mumbai: Function-Wise Placements

SIMSR function or domain-wise placements have been outstanding in the last academic year. Maximum offers were made by the IT and Consulting sector, followed by Analytics and E-Commerce during K J Somaiya SIMSR placement in the last year.

Let us look at the details of top SIMSR function-wise salary and placements:

Domain	Companies in Placement Process	SIMSR function-wise salary analysis
IT / Consulting	Cognizant and PwC	15.5 LPA
Analytics / E-Commerce	Amazon and Ninjacart	13 LPA
BFSI	DE Shaw and Arcesium	28.5 LPA
Sales / Others	Zolo Stays and ITC	16 LPA

SIMSR Top Alumni Recruiters

K J Somaiya Mumbai top alumni recruiters have a wide network working across multiple sectors. The details of the SIMSR alumni domains are below:

Name of the Organization	Number of Alumni
KJ Somaiya Institute of Management	172
Infosys	165
Accenture	134
ICICI Bank	108
HDFC Bank	98
TCS	97
JP Morgan Chase & Co.	87
Capgemini	83
Cognizant	82`
Axis Bank	72
CRISIL Limited	54
GEP Worldwide	52
EY	51
Citi	49
Wipro Limited	45

☛ Also Check: CAT Cut Off

K J Somaiya Fees Structure

SIMSR Fees Structure of the MBA course for 2 years is in the table below:

Particulars	Academic Year 2021 – 22	Academic Year 2022 – 23
Tuition Fees	Rs. 6,47,350	Rs. 7,12,085
Development Fees:	Rs. 64,735	Rs. 71,209
Other Fees	Rs. 59,700	Rs. 61,700
Caution Money:	Rs. 10,000 (Refundable)	Rs. 2,500/
Total	Rs. 7,81,785	Rs. 8,47,494/

Program-wise Fees Structure at SIMSR Mumbai

K J Somaiya MBA fees range for various programs which do not comprise hostel and mess charges. Hostel and Mess Deposit are charged only in the first year of admission and will be adjusted or refunded to the student as the case may be.

MBA Program	Fees Structure
MBA	Rs.16,29,279
MBA (International Business)	Rs.16,29,279
MBA (Financial Services)	Rs.16,29,279
MBA (Integrated Marketing Communication)	Rs.16,29,279
MBA (Retail Management)	Rs.16,29,279
MBA (Health Care Management)	Rs.16,29,279
MBA (Human Resources)	Rs.16,29,279
MBA (Sports Management)	Rs.16,29,279
MBA – DSA (Data Science and Analytics)	Rs.16,29,279

Let us look at the bifurcation of details of SIMSR Fee Structure 2021-23

K J Somaiya Institute of Management MBA Fees
Academic Year 2021 – 22	Academic Year 2022 – 23
Application Form fee	Indian Residents/CIWGC/NRI/FN/OCI -Rs. 2850/- + ( Applicable Transaction Charges)
Total Fee including Tuition Fee (Indian Resident / CIWGC/NRI/FN/OCI Candidates )	Tuition Fees: Rs 6,47,350/- Development Fees: Rs 64,735/- # Other Fees: Rs. 59,700/- Caution Money: Rs 10,000/- (Refundable) Total Fees: Rs 7,81,785/-	Tuition Fees: Rs 7,12,085/- Development Fees: Rs 71,209/- # Other Fees: Rs. 61,700/- Alumni Association Fees: Rs 2,500/- Total Fees: Rs 8,47,494/-

K J Somaiya Mumbai (SIMSR): Hostel Fees

Note the table below to get details of hostel fees of K J Somaiya Institute of Management Mumbai.

SIMSR Hostel Fees
For the First-year admission	Amount (in INR) for each Student	Refundable/Non Refundable
Registration Fees	1000/-	Non-refundable
Hostel Deposit	20,000/-	Refundable (at the end of the program)
Mess Deposit at K J Somaiya	5000/-	Refundable (at the end of the program)
Triple Sharing Charges for 10 months. i.e. (Rs.15,125 pm X 10 months)	1,51,250/-	Non-refundable
Double Sharing Charges for 10 months (Only for NRI’s), i.e. (Rs.22,687.50/- pm X 10 months)	2,26,875/-	Non-refundable
Total Hostel Fees for Triple Sharing	1,77,250/-
Total Hostel Fees for Double Sharing (NRI)	2,52,875/-
For Second year admission	Amount (in INR) for each Student	Refundable/Non Refundable
Registration Fees at K J Somaiya	1000/-	Non-refundable
Triple Sharing Charges for 10 months. i.e. (Rs.15,125 pm X 10 months)	1,51,250/-	Non-refundable
Double Sharing Charges for 10 months (Only for NRI’s), i.e. (Rs.22,687.50/- pm X 10 months)	2,26,875/-	Non-refundable
Total Hostel Fees for Triple Sharing	1,52,250/-
Total Hostel Fees for Double Sharing (NRI)	2,27,875/-

Cut Offs Requirements at SIMSR Mumbai

Note the table below to know the minimum requirements of cut-offs at K J Somaiya MBA College.

Entrance Exam	Expected Cut off
CAT	80-85 percentile
XAT	80-85 percentile
GMAT	550-600
CMAT	85-90 percentile
NMAT	85-90 percentile

Course-wise Eligibility at K J Somaiya Institute of Management (SIMSR)

This institute offers courses in Management, Technology, and Doctorate with the required Eligibility Criteria of academic records, CAT Percentile, along with a performance score in GD and PI. SIMSR Course and eligibility is discussed below:

Sr. No.	Course Offered	Study Level	K J Somaiya Eligibility
1	MBA	In their final year of study, aspirants can also be eligible for the program after their bachelor’s degree before the session starts.	Candidates should secure 50% marks or equivalent CGPA in BE, B.Tech, B.Sc, or BA (honors) degrees. 45 % marks in graduation are required for reserved candidates.
2	MCA	–	Aspirants must hold a graduate degree with at least 50 % marks or equivalent CGPA. 45 % marks in graduation are required for reserved candidates.
3	Ph.D.	–	Candidates must possess a bachelor’s degree with at least 50% marks.

Scholarships offered by SIMSR

KJ Somaiya is a global institution that offers a quality education that can be accessible and affordable to all. The institute provides SMISR Scholarships to those in need. Below is the eligibility criteria for K J Somaiya Institute of Management Scholarships.

• Family income should be less than Rs. 800,000 per annum.
• People with Disabilities, and students of defence personnel disabled or deceased in the line of duty.
• Students who have represented their country/state in any recognized sport which is applicable only for B.Sc. Sports and Exercise Science applicants.

☛ Download XAT Question Paper and practice it to improve your accuracy.

K J Somaiya Mumbai: Scholarship Selection Process

Below is the process of candidate selection to check whether they are eligible for SIMSR Scholarship facilities or not.

• Step 1 – Submission of application on the admissions portal along with the required documents.
• Step 2 – Screening of applications and evaluation of the eligibility criterion of each student who has applied.
• Step 3 – The selected candidates need to go through a round of interviews at K J Somaiya Institute of Management after which their documents will be thoroughly scrutinized and verified.
• Step 4 – SIMSR scholarship in the form of financial aid will be awarded to the selected students partially or fully based on the evaluation process. This will be applicable for the whole duration and can also avail of subsidized lodging and boarding facilities provided by the management.
• Step 5 – The decision of the K J Somaiya Scholarship Financial Aid Selection Committee will be final and cannot be challenged under any circumstance

SIMSR Admission Process

Here are the various parameters involved in K J Somaiya MBA admission procedure. SIMSR offers 2 year MBA program in 5 major specialization areas, along with MBA in Integrated Marketing Communication, HR, Financial Services, Retail Management, Health Care Management, IB, Sports Management, and DS & A.

• Step 1: Appear for NMAT, CAT, XAT, CMAT, GMAT.
• Step 2: Candidates are shortlisted for CA and PI.
• Step 3: The Case Analysis and Personal Interview will be conducted virtually.
• Step 4: Results will be declared for final selection, after which the students will go for their course selections.
• Step 5: Candidates will be given final admission.

Selection Parameters for KJ Somaiya MBA Admission Process are listed in the table below:

Selection Parameters	Percentage
Qualifying Exam	35%
Personal Interview	25%
Group Discussion	15%
Past Academic Records	10%
Achievements	10%
Past Records	5%

K J Somaiya Mumbai: Seat Intake

Below is the list of seat intake in SIMSR MBA College. Note this thing very carefully if you are interested in joining K J Somaiya Institute of Management to study MBA. XAT Admit Card is only available online and you have to download it from the official website of XLRI.

Course	Seat Intake
MBA	Finance Management: 60 HR Management: 60 Information Management: 60 Marketing Management: 60 Operation: 60 Data Science: 60 International Business: 60 Retail Management: 60 Healthcare Management: 30 Sports Management: 30
MBA-Executive (EMBA)	30 seats + 15% supernumerary seats
Master of Computer Applications (MCA)	60

Reservation Criteria at SIMSR

Candidates must complete the MBA admission criteria very carefully as no change will be permitted once the registration process is complete.

• For PGDM – there is an NRI quota and a handicapped or physically challenged quota.
• For MMS – there is SC, ST, OBC, and General quota.

Total of 480 seats is available for PGDM and 120 available for MMS at K J Somaiya Mumbai.

Category	Percentage
Scheduled Caste (SC)	15%
Scheduled Tribe (ST)	7.5%
Other Backward Classes (NC-OBC)	27%
Economically Weaker Sections (EWS)	10%
Persons with Benchmark Disabilities (PwD)	5%

The categories of disability are:

1. Blindness and low vision
2. Deaf and hard of hearing
3. Locomotor disability and acid attack victims
4. Intellectual disability, specific learning disability, autism, mental illness, and multiple disabilities

☛ Also Check: XAT Exam Date

K J Somaiya (SIMSR) Infrastructure and Facilities

The infrastructure and facilities at SIMSR are well-equipped with state-of-the-art amenities. The Institute is sprawling across 3.44 acres of land and provides all the basic amenities to the students. Mentioned below are the salient features like:

• Library – The institute has a well-stocked library with a rich collection of around 90,000 books.
• Hostel – It has a separate girls and boys hostel facility available at the K J Somaiya campus.
• Sports Complex – With Facilities like Badminton Court, Basketball Court, Cricket Ground, Football Ground, Squash Court, Tennis Court, Live Chess Court, Running Track, Volleyball Court, and lots more.
• Labs – Science and Computer Lab
• Other Amenities like Cafeteria, Hospital / Medical Facilities, Wi-Fi Campus, an Auditorium, A/C Classrooms, Amphitheater, Multiple seminar halls, Conference rooms are also available at SIMSR Campus.

K J Somaiya Institute of Management (SIMSR): Faculty and Alumni

SIMSR is well known for its top faculty with its teaching experience, industry exposure, and knowledge-sharing pedagogy. The faculty is responsible for preparing the students for the industry and shaping their careers.

Some prominent faculty members of K J Somaiya are:

• Prof (Dr.) Monica Khanna, DIRECTOR
• Dr. Abha Ashish Wankhede
• Prof. Amitabha Sengupta
• Dr Anjali Chopra
• Dr Asha Prasuna
• Prof. Avani Navinchandra Rachh
• Dr. Bharati Veerendra Wukkadada
• Dr Bhargavi Karamcheti
• Dr Brajesh Bolia
• Dr Chandan Sanjayraj Singhvi
• Dr Davendranath Gokulnath Jha
• Dr Dimple Kaul
• Prof. Inumarthi Veerabhadra Srinivas

Certain alumni members of K J Somaiya are

• Lata Pillai, Director at Deutsche Bank, MMS, 1986 – 88
• Makarand Teje, Executive Vice President at HCL Technologies, MMS 1987 – 89
• Sudha Jayashankar, Executive Director – HR at MSCI, MMS, 1987 – 89
• Sanjay Shah, Managing Director at Morgan Stanley, MMS, 1990 – 92
• Saru Kaushal, Country Business Head at American Express, MMS, 1990 – 92
• Vikas Arora, Business Head Bancassurance at Consumer and Digital Banking, DBS Bank, MMS, 1993 – 95
• Jaikishin Chhaproo, Head, Media & Public Relations at ITC Limited, PGPMS, 1995 – 97
• Vishal Dubey, Director, Corporate and Business Development at Amazon, MMS, 1995 – 97
• Mehul Kapadia, Business Head – Formula 1 Vice President at Global Marketing at Tata Communications, MMS, 1996 – 98
• Vikram Malhotra, Founder & CEO at Abundantia Entertainment, PGPMS, 1993 – 95
• Sudhir Shenoy, Chief Executive Officer at Dow Chemical – India, MMM, 1997 – 00
• Sona Mazumdar, Director – Strategic Partnerships at Kidzania, PGDBA, 1995 – 97
• Shivani Gupta, Associate Director, Dasra, MMS, 1992-94
• Reuben Pandian, Chief Omni Channel Officer, Tata Cliq, MMS, 1993- 95
• Anuj Bhargava, Chief Executive Officer at AB Associates, MMS, 1983 – 85
• Shyam Motwani, Executive Vice President & Business Head at Godrej & Boyce, MMS, 1984 – 86
• James Almeida, Associate Dean at Silberman College of Business, MMS, 1986 – 88
• Lloyd Mathias, Senior Director of Marketing at Asia Pacific & Japan, Hewlett Packard Inc, MMS, 1986 – 88