Know about MBA at K J SIM Mumbai: Interview with Dr. Raman Ramachandran (Director)

Established in 1981, K J Somaiya Institute of Management is located in Mumbai. It is a private management institute affiliated to the Somaiya Vidyavihar University. K J SIM has been granted the status of an autonomous institute by the University Grants Commission (UGC). It has been accredited by the National Board of Accreditation (NBA) and bagged the 71st position in the NIRF 2022 ranking in the management category. K J Somaiya Institute of Management offers postgraduate and doctoral degree programmes like MBA, MCA and Ph.D. programmes.

Careers360 brings you an exclusive interview with Dr. Raman Ramachandran, Director at K J Somaiya Institute of Management and Dean - Faculty of Management, Somaiya Vidyavihar University. In the interactive session he has answered many questions related to K J SIM MBA programmes, placements, internships, and more. Read the complete article to know more about the K J Somaiya Institute of Management Mumbai.

Careers360- What is the Legacy and philosophy of K J SIM?

Dr. Raman Ramachandra - The founder of K J Somaiya Institute of Management was an entrepreneur who experimented and succeeded in sugar trading. He created a lot of wealth which then he invested in education as he realised that education is important for the advancement of the country, society and individuals. There were certain values that he never compromised with similarly the students are taught his ideals to continue his legacy. The mission is to foster a spirit of enquiry and enable livelihood. Not just to teach students but also facilitate and make sure the ability to learn and embibe is enhanced. It also encourages innovation.

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Careers360- What is unique of the MBA programmes that K J SIM offers along with its majors and minors?

Dr. Raman Ramachandra- There are multiple dimensions to the MBA programme at K J SIM. One of them is the majors and minors. The 1st year of a MBA programme is the Foundation year where you get a solid grounding on the basic principles of management which are prerequisites to be a good business leader. This may range from understanding finance, HR, marketing and even technologies like AI.

In the second year students have the option to choose their specialization, depending on what kind of a career they want. K J SIM has 5 majors: Finance, Marketing, Operations, HR and Data Science. The institute also offers minors, they are subjects that complement and strengthen the major which leads to more advanced skill sets and good career prospects.

Also Read: K J SIM Courses and fees

Careers360 - Tell us about MBA in Sports Management?

Dr. Raman Ramachandra- It is a very unique and targeted kind of programme. The sports industry globally and in India is a very big industry. The sports industry in India is about 26 billion dollars and it is expected to reach about 100 billion dollars by 2026. It is a huge market segment. There are a number of different aspects of sports where management plays a very critical role. So what K J SIM MBA in Sports Management programme does is to ground one in the fundamentals of management and how it is relevant to the sports industry through active participation.

Careers360 - What is an MBA in Healthcare Management?

Dr. Raman Ramachandra- After the COVID-19 the focus on healthcare has increased substantially. Large investments have been made in healthcare in India by private enterprises. K J SIM works with its sister institutions so that MBA in Healthcare Management students not just learn theory in their classrooms but they actually get to see how things actually work in a healthcare institution.

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Careers360 - Three year MBA Part-Time Management programme Vs Executive MBA programme?

Dr. Raman Ramachandra- The three year MBA Part-Time Management programme at K J SIM is for working professionals. It is to help them break the glass ceiling or cross the barrier that they might have reached in their career. It covers almost every topic that a regular MBA student takes in the class. This programme does not offer any placement assistance to students. But this three year MBA programme has alumni who are CEO’s, in regional roles in big MNCs and so on.

K J SIM Executive MBA is a 15 month programme. It is kind of a full-time programme for working professionals. As it is a full-time programme, those who opt for Executive MBA, quit their jobs after working for about 5 to 10 years and take this programme, with the hope that they will be able to boost their career on completion of the course.

Also See: K J SIM Q&A

Careers360- How and Why is the AACSB accreditation important?

Dr. Raman Ramachandra- AACSB is an accreditation and about 5.5% of the B-Schools globally who have AACSB accreditation. In India there are only 23 B-Schools who have this accreditation and K J Somaiya Institute of Management Mumbai is one of them. This accreditation is a standardisation of various approaches over 9 different areas including the concept of assurance of learning. It also brings the Culture of Research to enable the students to understand what's happening in the market and to analyse it. The 3rd aspect of AACSB is the assessment of impact at societal level. These are some of the key elements that AACSB has brought in at K J SIM.

Careers360- What is the advantage that K J SIM has with respect to its location?

Dr. Raman Ramachandra- K J Somaiya Institute of Management which is a part of the Somaiya Vidyavihar University is located at Vidyavihar in Mumbai which is the financial capital of India, with a campus that is lush green.

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Careers360 - Is there hostel accommodation available for outside students ?

Dr. Raman Ramachandra- K J SIM provides facilities like hostel accommodation, which can accommodate about 1000 students. But this facility is not just for the management institute but for other sister institutes as well. At the time of admission we ask students to make a very specific statement that they would require on campus accommodation, which will increase their chances of getting hostel accommodation.

Careers360 - What is the importance of K J SIM’s Alumni association ?

Dr. Raman Ramachandra- Alumni association is a very active association with membership of more than 14000+ passed students who are spread out across the world and are in senior positions in good organisations. Alumni take classes and industry experience. K J SIM has a mentor program where many Alumni are mentors of final year students to help them prepare for interviews and to help them navigate the process of being placed.

Careers 360 - How are the placements at K J SIM?

Dr. Raman Ramachandra- Placements at KJ SIM have been 100% consistently for the last years. A number of multinational companies like E&Y, Gartner ,Infosys, TCS, Capgemini etc come to K J SIM for recruitment. K J SIM also provides opportunities to students for summer internship with companies like Bajaj Finance, Dabur, TATA Capital, Stanley, CISCO, ENY, Morgan Stanley etc. Many students also get pre-placement offers during their summer internships.

Careers360 - What is the median salary and highest salary offered at K J SIM?

Dr. Raman Ramachandra- The average salary offered is Rs 12.5 LPA at K J SIM and about 240 companies have visited K J Somaiya Institute of Management Mumbai.

Disclaimer: This content was distributed by K J Somaiya Institute of Management, Mumbai and has been published as part of Careers360’s marketing initiative.

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