K J Somaiya, Mumbai Placements 2017: Average package 9.4 lakhs; 220 recruiters - process still on

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on January 23, 2017
Placement 2017 at K J Somaiya Institute of Management Studies and Research (SIMSR), Mumbai has witnessed large number of recruiters with more offers
Average package in Placement 2017 at SIMSR is Rs.9.40 lakhs while highest package has gone to Rs.24 lakhs even before the process is over

Placement 2017 at K J Somaiya Institute of Management Studies and Research (SIMSR), Mumbai has witnessed large number of recruiters with more offers being made to the students. A total of 220 companies have so far visited the campus this year and many more propose to follow in next few days. Industry leaders and top notch brands of various industries and sectors have visited SIMSR and the response is a remarkable improvement. This is the interim placement shared by SIMSR, the final Placement 2017 may bring more surprises when the process is over.

Average package in Placement 2017 at SIMSR is Rs.9.40 lakhs while highest package has gone to Rs.24 lakhs even before the process is over.

From amongst the 220 companies for 480 students across programs, 45 participated for the first time and a few visited after a hiatus.

The companies visiting K J Somaiya campus for the placement 2017are offering diverse opportunities and profiles to meet the varied expectations and aspirations of the students in Financial Services; Banking and Insurance; Consulting & Analytics; FMCG; IT/ ITES; Retail; Pharmaceuticals; Media; Market Research; E-commerce; Infrastructure; Automobiles; Education; Telecommunications among others. 

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Key Placement highlights 

  • Among the principal offers made, the Students have received 89 offers from the IT majors
  • 86 offers from Banking and Insurance Sector
  • 73 offers from Financial Services
  • Average package at Rs. 9.40 lakhs
  • Highest package at Rs. 24 lakhs
  • 220 recruiters on campus
  • 45 new recruiters in placement 2017

With multiple profiles on offer, students had a plethora of options to make informed decisions to shape their career.

Top Recruiters
Among the 220 recruiting companies in Placement 2017 at SIMSR, Mumbai a few prominent one among others are Accenture, Adani, Bajaj, Deloitte, Google, HDFC, HSBC, DCB Bank, ICICI, Kotak, Nestle, Nomura, Oracle, Maruti Suzuki, HCL, L&T, Reliance, TATA, Zomato.

Sectoral Placement
Banking & Insurance sector lead the Placement Season with 25% of total offers made.

IT Sector is the 2nd highest with 23% followed by Financial services with 19% & Conglomerate Sector with 14% offers. Conglomerate consist of Oil & Gas, Retail, Pharma, Real estate, Market research, media, telecom among others as prominent recruiting areas.

Nestled in a 60 acre campus in the central suburbs of Mumbai, K J Somaiya offers full-time and part-time Masters and Post Graduate Programmes in Business Management, and Masters in Computer Applications, along with doctoral studies in management of the University of Mumbai and SNDT Women’s University. All the programmes are approved by All India Council of Technical Education, Ministry of HRD, Govt. of India, New Delhi and / or affiliated to University of Mumbai.

With a legacy of 57 years as part of Somaiya Vidyavihar  that was established in 1959,  K J Somaiya Institute of Management Studies and Research (SIMSR) Mumbai came into existence in 1981. Since then SIMSR has been imparting and contributing tremendously in qualitative development of Management Education in India. K. J. Somaiya Institute of Management Studies & Research is popularly referred to as SIMSR and has autonomous status granted by UGC and notified by the University of Mumbai .  The B-school enjoys a high alumni base occupying key corporate positions and high international linkages.

K J Somaiya has coveted the prestigious South Asian Quality Assurance System (SAQS) accreditation by Association of Management Development Institutions of South Asia (AMDISA). The Institute is currently a member of the Association to Advance Collegiate Schools of Business (AACSB) and is working for its accreditation. SIMSR is certified as ISO 9001:2008 and ISO 29990:2010 by Bureau Veritas Quality International.

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