IFMR Graduate School of Business MBA Admissions 2025
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KJ Somaiya Average Package is around Rs. 15 lakhs per annum. The KJ Somaiya placement drive for 2024 had a total of 148 recruiters hiring candidates for various positions. The Students received job offers from various sectors like BFSI, Consulting, IT & ITES, Manufacturing & FMCG. Sectors like Banking, IT, and Financial Services are leading in terms of hiring, indicating a strong demand for professionals in these fields. The KJ Somaiya average package for 2024 was significantly higher than the KJ Somaiya average package for 2023. KJ Somaiya has different specializations for its MBA program like finance, operations, marketing, HR, sports, and healthcare.
The highest package offered at KJ Somaiya was approximately Rs. 28.25 lakhs per annum. The KJ Somaiya average package for the top 100 candidates is Rs. 17.34 lakhs annually. The average package for the top 200 candidates was around Rs. 15.8 lakhs per annum. For the top 300 candidates, the KJ Somaiya average package was Rs. 14.75 lakhs per annum. For the summer internship in 2024, the average stipend for the top 100 candidates was Rs. 58,986 per month.
The KJ Somaiya average package depends on many important factors like course, industry, job role, job location, etc. The recruiters often consider these factors while making an offer to the candidate for a particular position during the KJ Somaiya MBA placement. The different factors affecting KJ Somaiya average package are discussed below.
Course Specialisation: KJ Somaiya Average Package differs as per the specialization of the program. A few specializations like IT, Operations, Finance, and marketing tend to pay more as compared to HR.
Industry or Sector: The type of industry plays a vital role in determining the KJ Somaiya Average Package. Industries like finance, consulting, and IT offer a higher starting salary.
Job Role Offered: The particular job role for which a candidate is hired decides what would be the salary package for it. Management and Analyst roles have a higher salary package.
Individual Performance of the Candidate: The performance of a candidate in the interview or selection rounds decides the KJ Somaiya Average Package they would be getting upon getting selected for the applied role.
Job Location: An international location generally tends to pay more than a domestic one. Especially getting placed for a role in tier-one countries like the United States, Canada, and Australia can give a substantial boost to one's career.
Condition of Job Market: The underlying job market is crucial for the KJ Somaiya Average Package. A highly demanding job market would enable candidates with high salary packages and vice versa.
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KJ Somaiya offers different specializations for its MBA courses like finance, operations, marketing, HR, sports, and healthcare. The KJ Somaiya highest package for different offered MBA programs is listed in the table below.
Program | KJ Somaiya Highest Package |
Finance | Rs. 28.25 LPA |
Operations | Rs. 27 LPA |
Marketing | Rs. 24.46 LPA |
HR | Rs. 19.04 LPA |
Data Science | Rs. 17.5 LPA |
Healthcare | Rs. 15 LPA |
Sports | Rs. 12 LPA |
The KJ Somaiya average package has increased on a year-to-year basis. The KJ Somaiya average package trends are provided in the table below.
Year | KJ Somaiya Average Package |
2023 | Rs. 12.32 LPA |
2022 | Rs. 10.98 LPA |
2021 | Rs. 9.4 LPA |
2020 | Rs. 10.8 LPA |
2019 | Rs. 10 LPA |
The companies across different sectors and industries participated in the KJ Somaiya recruitment drive. The list of different companies offering KJ Somaiya average packages for various roles is mentioned in the table below.
Accenture | Capgemini | Morgan Stanley | Decathlon |
Yes Bank | HDFC Bank | Mahindra | ITC |
PWC | HCL | JLL | HP |
Jio | Cognizant | Tata Motors | ICICI Bank |
EY | Tata Capital | Citi |
The average package offered at KJ Somaiya ranges from Rs. 15 Lakhs per annum. The highest package offered was 28.25 Lakhs per annum. The top 300 students were offered a package of approximately 14.75 Lakhs per annum.
The specified eligibility criteria for KJ Somaiya states that a candidate must possess a Bachelor’s Degree from a recognized university with an aggregate of 50% marks or equivalent and a valid score on the accepted qualifying examination.
The fee for an MBA at KJ Somaiya is around Rs. 21 lakhs. The fee for MBA Health Care Management is around Rs. 21 lakhs. The fee for an MBA in Sports Management is around Rs. 13.5 lakhs.
Dear,
K. J. Somaiya Institute of Management Studies & Research, Mumbai (SIMSR) has closed its PGDM 2020 admission process. Now the GD/PI process is continuing for final selection. The college has closed its PGDM 2020 admission on February 6, 2020. The institute has started its GD/PI process for final selection. The classes for new batch will commence in July 2020. Keep visiting the official website for more details.
Hope this helps!
Hello Shaikh
The expected cutoff for K.J. somaiya college is 1124-1454,
Below this it will be difficult to get admission in this college.so study hard as the cutoff is really high.
Best of luck.
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