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    KJ Somaiya Average Package 2024: Sector Wise KJ Somaiya Average Package, Trends, Top Companies
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    • KJ Somaiya Average Package 2024: Sector Wise KJ Somaiya Average Package, Trends, Top Companies

    KJ Somaiya Average Package 2024: Sector Wise KJ Somaiya Average Package, Trends, Top Companies

    Updated on 09 Sep 2024, 06:20 PM IST

    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.

    This Story also Contains

    1. KJ Somaiya Average Package
    2. Factors Affecting KJ Somaiya Average Package
    3. KJ Somaiya Average Package: Program Wise
    4. KJ Somaiya Average Package Trends
    5. KJ Somaiya Average Package: Top Companies
    KJ Somaiya Average Package 2024: Sector Wise KJ Somaiya Average Package, Trends, Top Companies
    KJ Somaiya Average Package

    KJ Somaiya Average Package

    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.

    Factors Affecting KJ Somaiya Average Package

    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.

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    1. 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.

    1. 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.

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    K J Somaiya Institute of Management MBA Admissions 2026

    Highest Package 27.25 LPA | Top 100 Average package 16.65 LPA | AACSB Accredited | Ranked 52 by QS International

    1. 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.

    1. 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.

    1. 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.

    1. 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.

    Check out:

    KJ Somaiya Average Package: Program Wise

    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

    KJ Somaiya Average Package Trends

    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

    KJ Somaiya Average Package: Top Companies

    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

    Google

    Tata Capital

    Citi

    Frequently Asked Questions (FAQs)

    Q: What is the fee for an MBA from KJ Somaiya?
    A:

    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.

    Q: How much percentile is needed for KJ Somaiya?
    A:

    KJ Somaiya accepts scores of MBA entrance exams like CATXATNMAT, and CMAT. For CAT the required percentile is 84. For exams XAT and CMAT mentioned above the required percentile is 71 and 98 respectively. For NMAT a score above 224 would be required.

    Q: What is the eligibility criteria for KJ Somaiya?
    A:

    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.

    Q: What is the average placement package of KJ Somaiya?
    A:

    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.

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    Questions related to KJSIM

    On Question asked by student community

    Have a question related to KJSIM ?

    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.

    Hello Aspirant,

    No, SET is not for MBA.
    Symbiosis Entrance Test (SET) 2020 is a university level entrance test conducted for offering admission to candidates in undergraduate programs offered by Symbiosis University.You can get admission in Bachelor's level courses through SET and MBA is Postgraduate course.

    I hope this helps
    KJ Somaiya requires a minimum of 85 percentile for both CAT and XAT. There's no different cutoff for different categories so anyone who wants to apply for the college has to score a minimum of 85 percentile. But you can definitely apply for Welingkar Mumbai and Bangalore campuses as the
    You have a pretty decent XAT percentile but KJ Somaiya Institute of Management Studies and Research requires a minimum of 85 percentile in both CAT and XAT exams. The Institute considers only the overall percentile. So it may be a little difficult for you to get a call. But you

    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.