K J Somaiya Institute of Management, Mumbai Closes Application today on Jan 18, 2023; Completes 97% Placement for 2021-23 Batch; Offers MBA with High Career Growth Prospects; Check Key USPs, Cut off, Placements

K J Somaiya Institute of Management, Mumbai, a highly ranked and the 19^th B-school in India to earn the coveted AACSB Accreditation, has completed 97% final placement for the 2021-23 batch and the process is on to complete the 100% placement soon. Highest salary offered so far is Rs.22.50 LPA and the average salary for 2021-23 batch is Rs.12.23 LPA. Check complete placement report

K J Somaiya Institute of Management Admissions 2023 Open: Apply Now

K J Somaiya is open with its admission applications form for the MBA batch 2023-25. K J Somaiya Institute of Management offers full-time, part-time, and executive MBA programme, Masters in Computer Applications and Doctoral Programme. The application fee is Rs. 3000/-+ transaction charges applicable. The MBA degree by K J Somaiya Institute of Management is awarded under the aegis of Somaiya Vidyavihar University. It offers three full-time MBA programmes namely, MBA (With Majors and Minors), MBA- Healthcare Management, and MBA- Sports Management. Last date to apply is January 18, 2023.

Read this exclusive MBAUniverse.com article to know complete details on K J Somaiya Institute of Management Admission 2023, key USPs, Fees, Placement, selection process and a lot more.

Table of Contents
In this article, we shall cover:

1. K J Somaiya Key Highlights and USPs
2. K J Somaiya Led by Director Dr Monica Khanna
3. K J Somaiya Mumbai Programmes Offered
4. K J Somaiya Fees for MBA Programmes
5. K J Somaiya Seats for MBA Programmes
6. KJ Somaiya Placements 2022
7. KJ Somaiya Mumbai Eligibility Criteria for MBA admission 2023
8. K J Somaiya Application Process: How to Apply for K J Somaiya Mumbai Admission?
9. K J Somaiya MBA Admission 2023 Dates
10. K J Somaiya Mumbai Admission Criteria 2023: Exam Accepted, Step-by-Step Selection Process
11. K J Somaiya Cutoffs & Final Selection Weightage
12. Other MBA Programmes offered by K J Somaiya

1. K J Somaiya Institute of Management, Mumbai: Key Highlights

• 1.1 Highly Ranked: K J Somaiya Institute of Management is ranked #71 in the GoI MHRD NIRF Ranking 2022 among top 125 management institutes in India and ranked # 26 in MBAUniverse.com B-School Ranking 2022. It is Ranked 2^nd under the Private University Category and 7^th under All India B School Category by Times B-school Rankings 2022
• 1.2 Global Accreditation & Approvals: K J Somaiya Institute of Management has earned the top International Accreditation. K J Somaiya is accredited by the prestigious AACSB International. K J Somaiya MBA programmes are approved by UGC.
• 1.3 Quality Education with Values: K J Somaiya believes in providing quality education to its students, steeped in Indian ethos and value system
• 1.4 Strong K J Somaiya Placements 2023 & 2022: K J Somaiya Institute of Management has completed 97% placement 2023 on January 10, 2023 with highest salary at Rs.22.50 LPA and Average salary of Rs.12.23 LPA. K J Somaiya Placement 2022 had also recorded a sharp increase in packages. The average salary had gone up to Rs.10.95 LPA and Highest Salary was Rs. 26.50 LPA.
• 1.5 Top Recruiters at K J Somaiya Institute of Management: Some of the top recruiters include Google, HUL, GEP, HSBC, Amazon, Invesco, Crisil, Citi Bank, Morgan Stanley, Barclays, SAP, Deloitte, Accenture, Capgemini, Wells Fargo, Deutsche Bank, DBS Bank, Goldman Sachs, HDFC Bank, HP, Dell
• 1.6 International Linkage:  K J Somaiya has academic collaboration with leading universities in the USA, Europe, and Asia for working together to promote academics, research, experiential learning
• 1.7 Illustrious Alumni: With an alumni base of over 10000 alumni spread across the globe, K J Somaiya constantly connects & collaborates with its alumni. Many of the alumni are industry leaders and they share their knowledge & experience with students at the institute.
• 1.8 Well-Qualified and Experienced Faculty: K J Somaiya has 86 faculty members drawn from top institutes and universities in India and abroad. Almost all the faculty members are PhD and many of them have their research papers published in national and international journals
• 1.9 Financial Aid Facility: In order to make quality education accessible and affordable to all, Somaiya Vidyavihar University offers Financial Aid to those in need.
• 1.10 Well-Equipped Campus: Set up in 1981, K J Somaiya has well-equipped IT-enabled classrooms and labs with a rich library, lush green campus, hostel, medical and recreational facilities.

2. K J Somaiya Led by Director Dr. Monica Khanna
K J Somaiya Institute of Management is led by the Director, Dr. Monica Khanna. She is a professor in the area of Marketing Management and has an academic experience of 25 years in the area of Marketing Management, Brand Management, Marketing Research, and Services Marketing. She has an industry experience of 4 years in the area of Engineering & Industrial Automation and has worked with Siemens Ltd, Mumbai. Dr. Monica Khanna is passionate about developing cases based on Indian businesses.

Dr. Monica Khanna has great Research Interests in the area of Brand Management, Consumer Behavior with a focus on University Branding, Brand Challenges of Heritage Brands, Impulse Buying Behavior, Online Buying Behavior, and Consumer Behavior among Low Income Groups in India. Recognized for her super achievements she has been bestowed with many awards like Excellence in Teaching; Women Super Achievers Award; Best Teacher of Management among others. She has remained on the editorial board of international journals and is a keen book reviewer.

Dr. Monica Khanna has been instrumental in launching niche MBA programmes like the MBA Healthcare, MBA Sports Management, and Case Research Centre, building quality in management education through NBA accreditations, and the International AACSB accreditation

K J Somaiya Institute of Management Admissions 2023 Open: Apply Now

2. K J Somaiya Mumbai Programmes Offered & Specializations
K J Somaiya Mumbai offers a bouquet of 2-year full-time MBA Programmes with a wide range of specializations as shared below:

3.1 Highlights of K J Somaiya MBA Specializations, MBA (HCM) and MBA (SM)
Key highlights of MBA specializations and of specialized programmes are

3.1.1 MBA (With Major and Minor)
The two-year, full-time MBA programmes allow students the unique opportunity to pursue both a major and a minor. From the second year onwards, Students are required to opt for one of the majors and one of the minor specializations. The major specialization needs to be opted for before the 4th trimester, while the minor specialization needs to be opted for before the 5th trimester. K J Somaiya Institute of Management offers students a unique opportunity to build on business fundamentals by opting for Majors and Minors. In the first year, the courses offered will strengthen the foundation i.e., business fundamentals. In the second year, the students will have the option to choose one of the 5 Majors. The choice of Major, to a great extent, will depend on one’s career goals and areas of interest. The 5 Majors offered are as follows:

• Data Science and Analytics: With data being recognized as the new oil for organizations, the specialization in Data Science aims at equipping the students with courses that will help them make sense of the data and apply various communications, statistics, human behavioral, and cognitive models along with information technology and analytical tools in functional areas or domain of their liking. The insights gained will help take current or progressive decisions.
• Finance: Finance is one of the most important areas of any economy and business. For the smooth functioning of the economy and business finance experts are required for policymaking, making decisions, and managing operations of finance. Finance specialization is offered by K J Somaiya Institute of Management keeping in mind the objectives of making the students ready to lead the finance functions of an economy or business both domestic and international.
• Human Resources: A major in HR will equip the students to deal with the Human Resource of the organization in terms of HR functions from Recruitment & Selection; Training & Development; Compensation, Rewards & Incentives; Performance Management, Career Paths to Exit etc. The student will learn to create tools for the HR function, design organizational policies, and robust HR processes while auditing the HR function. 
• Marketing: The marketing department at K J Somaiya Institute of Management endeavors to capture and disseminate the traditional and contemporary challenges facing the marketing function lucidly through its bouquet of subjects in the marketing area and use of pedagogy involving case studies, live projects, experiential learning opportunities, technology-based tools, interaction with industry stalwarts, field visits, preparing students for competitions and so on.  These inputs will prepare the student of marketing for a full-fledged career in marketing from day 1 in the corporate world.
• Operations Management:  The objective is to develop an in-depth understanding of operations systems, their components, contributions, and interactions with other functional areas. It also equips students with the analytical tools necessary to address issues and take proper decisions in the dynamic global business scenario. The specialization helps in building an effective Techno-Business Manager and leader.

Minors (Indicative List)
The institute offers a bouquet of Minors to compliment the Major area of study. These Minors are offered to the students based on continuous industry and technology advancements. The list mentioned below is indicative in nature and the scope to increase or decrease the minors will be based on market needs. The 8 Minors offered are as follows:

• Business Analytics
• Data Science
• Financial Services
• Marketing
• Strategy and Consulting
• Sustainability
• Operations Management
• People Development

3.1.2 MBA Healthcare Management
MBA-HCM has holistic coverage of the Healthcare Sector. The Programme will not only holistically cover all the sectors; it will also bring a good balance between management science, social science, medical science, and technology.

K J Somaiya has collaboration with Imperial College, UK which has a unique position in the Healthcare Sector as it ranks 8th in the world as per QS World University Rankings 2018. The faculty from Imperial College will also conduct a few workshops in the Programme. 

3.1.3 MBA Sports Management
K J Somaiya MBA Sports Management programme makes the students future-ready managers in sports and allied sectors. The course is crafted based on the future orientation of the sports and entertainment industries. MBA-SM accords classroom learning with practical and experiential learning. The Programme imbibes into budding sports management professionals, the movement of sports and sportstainment expected to evolve in the future such as e-sports, sports analytics and focused & specialized technology as related to specific areas of sports.

4. K J Somaiya Fees for MBA Programmes
K J Somaiya MBA Fees is decided at the time of making final admission offers. However, the present programme-wise K J Somaiya Fees  is shared below for your ready reference

The above fees excludes caution money deposit of Rs 10,000/- in the first year and alumni fee of Rs 2500/- in the final year.

5. K J Somaiya Seats for MBA Programmes
K J Somaiya’s intake for all three MBA programmes is 660 seats plus supernumerary seats.  Programme wise K J Somaiya seats are as below

6. K J Somaiya Placements 2023 & 2022
K J Somaiya has a consistent record of high placements. Industry leaders and top-notch brands of various industries and sectors have visited K J Somaiya for placement 2023 and 2022. Key Placement highlights are:

6.1 K J Somaiya Institute of Management Placement 2023: Key Highlights 

• 97% Placements 2023 Over as on January 10, 2023
• Largest Batch 2021-23 with 614 Students in MBA/IB/RM/FS/IMC/HCM/HR/SM/ DSA/EXEC      
• Highest salary: Rs.22.50 LPA
• Average salary goes up at Rs.12.23 LPA in 2023 from Rs.10.67 LPA last year
• Median salary goes up at Rs.12.47 LPA in 2023 from Rs.10.21 LPA last year
• Total Recruiters so far: 171
• New Recruiters: 40 
• About 57% of students have got their offers in place for Summer Internships
• Average salary of top 100 offers: Rs. 15.73 LPA
• Average salary of top 200 offers: Rs. 14.42 LPA
• Average salary of top 300 offers: Rs. 13.84 LPA
• Among the principal offers made, the students have received job offers from Industrial Sectors, like BFSI, Consulting, IT & ITES, Manufacturing & FMCG
• Sectors like Banking, IT and Financial Services are at the forefront of the hiring
• The students made informed decisions to select from among opportunities that will shape their career. With multiple profiles on offer, students had a plethora of options to make decisions.

6.2 K J Somaiya Placement 2022
The average package in MBA Placement 2022 was Rs.10.95 lakhs while the highest package has gone to Rs.26.50 lakhs. From amongst the 195 companies making offers to 549 students across MBA programmes, 43 participated for the first time.

The companies in K J Somaiya placement 2022 offered 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. With multiple profiles on offer, students had a plethora of options to make informed decisions to shape their careers.

6.3 K J Somaiya Placement Highlights 2022

• 2020-22 Batch size: 549 Students in MBA/IB/RM/FS/IMC/HCM/HR/SM and EXEC Batch 2020-2022
• Highest Salary: Rs. 26.50 LPA
• Average Salary: Rs. 10.95 LPA
• Median Salary: Rs. 10.21 LPA
• Total Recruiters: 195
• New Recruiters: 43 
• Top Recruiters: Amazon, Airtel, ITC, Bisleri, EY, GSK, HUL, Aditya Birla Capital, Mercedes Benz, Barclays, PwC, Accenture, Deloitte, BNP Paribas, Accenture, LG, TCS among others
• Among the principal offers made, the students have received job offers from Industrial Sectors like Banking and Insurance Sector, IT & ITES, Financial Services, Consulting & FMCG. Sectors like Banking, IT and Financial Services are at the forefront of the hiring
• The students made informed decisions to select from among opportunities that will shape their career

7. K J Somaiya Mumbai Eligibility Criteria for MBA admission 2023

• K J Somaiya Mumbai eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration, with at least 50% marks or equivalent CGPA
• Applicants should apply and appear in at least one of the acceptable MBA entrance exams – CAT 2022/XAT 2023/CMAT 2023/NMAT 2022 (Only 1^st attempt will be considered/ GMAT (Taken between 1st Jan 2020 to 18th Jan 2023)
• If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine MBA admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by K J Somaiya by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
• A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for K J Somaiya Admission 2023.
• It is mandatory for a final year student, who is provisionally considered eligible by K J Somaiya, Mumbai and offered admission, to submit the mark sheet and degree certificate of the final year bachelor's degree examination latest by August 31, 2023.
• Work Experience is not mandatory

K J Somaiya Institute of Management Admissions 2023 Open: Apply Now

8. K J Somaiya Application Process: How to Apply for K J Somaiya Admission 2023
K J Somaiya has introduced a single common online application form for all the MBA programmes. The application fee is Rs.3000/- + transaction charges. You can apply for one or more than one MBA programmes. The step-by-step process to apply online for K J Somaiya admission 2023 is as below:

• Step 1: Register: Before beginning to register, read the instructions to fill up the form. At the K J Somaiya admission application window ‘Register’, you should login as a new user by inserting your Name, Email ID, and other required details.
• Step 2: Personal Information: Login as an existing user and fill in all your personal details, address, valid ID proof, preferred PI centres and your sports interest along with other particulars. Complete the details and move to the next page
• Step 3: Upload Photograph: This page is exclusively created to upload your photograph of a maximum of 40 KB size.
• Step 4: Enter Academic Details: Next page on K J Somaiya application form requires you to fill up all your academic details from class 10 onwards.
• Step 5: Achievements: If you are an achiever in any field, you should click on ‘Yes’ and enter the details of achievements on this page
• Step 6: Work Experience: If you have work experience after completing your graduation, you should complete it in months on this page. In case of no work experience, simply click on ‘No’ and move ahead.
• Step 7: Programme & Exam score Information: This page requires you to fill in the programmes you are applying for, registration Ids of the CAT/XAT/CMAT/NMAT exam you plan to appear in, and after the declaration of the result, to fill up the score column.
• Step 8: Make Payment of Application Fee: K J Somaiya asks you to make payment of the application fee after you have completed your application form. This is the final step to fill the application form. You can make payment of application fees of Rs.3000+ Transaction charges through a Credit/Debit card  

9. K J Somaiya MBA Admission 2023 Dates
The important dates for K J Somaiya MBA application and admission 2023 are as below

10. K J Somaiya Mumbai Admission Criteria 2023: Step-by-Step Process
K  J Somaiya Mumbai Admission Criteria 2023 is a two-step process involving the Shortlisting criteria based on entrance exam score and the Final admission selection Criteria with varying weightage to different components. Step by Step K J Somaiya Institute of Management Admission Process 2022 is detailed below:

• Step-1: K J Somaiya Mumbai MBA Admission Shortlisting Criteria 2023
• Step-2: K J Somaiya Mumbai MBA Admission Final Selection Criteria 2023

Check below in detail each step of K J Somaiya Mumbai admission criteria and selection process

10.1 Step-1: K J Somaiya Mumbai Shortlisting Criteria
K J Somaiya will shortlist the candidates after the declaration of entrance exam results. The Shortlisting criteria will be as under:

• K J Somaiya will shortlist candidates on the basis of entrance exam scores accepted for admission namely CAT 2022, XAT 2023, CMAT 2023, NMAT 2022, and GMAT taken from January 1, 2020 to January 18, 2023)
• For NMAT 2022, the scores of only the first attempt of the students will be considered.
• K J Somaiya will consider aggregate scores and not sectional scores of the applicants in the acceptable entrance exams for shortlisting.
• Applicants may submit more than one entrance test score. K J Somaiya will consider the best test score for shortlisting.
• All the shortlisted candidates need to fill Profile form and SOP before appearing in the CA-PI round

10.2 Step-2: K J Somaiya Mumbai MBA Admission Final Selection Criteria 2023

• Final admission round at K J Somaiya will consist of CA-PI and will be conducted online
• K J Somaiya selection criteria after the final admission round award weightage to Entrance exam score; weight for Academics; Weight for Work Experience; Weight for Personal Interview; Weight for performance in Case Analysis and Weight to other Achievements like sports & other extracurricular activities.
• A consolidated final selection  merit list with the position of the candidates will be declared based on the above parameters
• Selected Candidate need to fill programme preference details online
• Candidates will be offered a choice of the programmes based on their preference, merit position, and availability of seats

11. K J Somaiya Mumbai Cut Off and Final Merit List
K J Somaiya Mumbai Cutoffs depend upon the quality & number of applications received and varies from year to year for different courses. K J Somaiya Mumbai Cutoff 2023 is decided on the basis of aggregate percentile score in the entrance exam although candidates should also score well across the sections of the entrance exam.  The expected cut-offs for K J Somaiya Mumbai MBA Admission 2023 may remain as under:

11.1 K J Somaiya Mumbai Admission 2022: Final Merit List weights
For the admission process, the following weights are expected to be awarded to different components in generating the final merit list for admission 2023.

For MBA (Major & Minor Specializations)

For MBA HCM and MBA SM (Profile Based)

Notes:

• Profile based selection for MBA-HCM and MBA-SM programmes
• The Institute reserves the right to change the selection parameters
• One mark will be given if your Bachelor’s degree Institute is listed in NIRF 2022 Ranking
• One mark will be given if your Post Graduate degree Institute is listed in NIRF 2022 Ranking

12. Other MBA Programmes at K J Somaiya Mumbai

12.1 One Year MBA at K J Somaiya
K J Somaiya offers a full-time one-year MBA (Executive) Programme of 15 months duration for working executives with a working experience of 5 years and above. The application process for admission opens in the month of April/May and closes in the last week of June.

12.2 Part Time MBA at K J Somaiya
K J Somaiya also offers MBA - Part Time programme of 3 years duration. The part-time MBA programme offers specialization in the areas of Finance, Marketing, Human Resources, Data Science and Analytics. The programme is designed for working professionals. Apart from this, K J Somaiya offers a Doctoral programme in Management leading to the award of Ph.D.

With a legacy of 60 years as part of SomaiyaVidyavihar, which was established in 1959, K J Somaiya Institute of Management Mumbai came into existence in 1981.  The institute subscribes to the latest case studies from Harvard Business School and has various databases like Ebsco, Euromonitor, ACE-Equity, Proquest, Prowess, Capline, IEEE, J-Gate, WARC (World Advertising Research Council), etc in order to bring the latest in the field of management into the classroom 

Somaiya Vidyavihar campus comprises more than 34 individual institutes dedicated to Arts, Sciences, Management, Humanities, Philosophies, and Social Sciences as important areas of scholarship, and is spread across a 60-acre complex in Vidyavaihar, in the north-central area of Mumbai and a 90-acre complex in Sion in the heart of Mumbai.

K J Somaiya prefers candidates with demonstrated potential to analyse and solve problems and those who demonstrate a willingness to learn and work in gender and culture-diverse teams amid tough working conditions.  Besides, Candidates are expected to have a sound grasp of current issues and gender issues in addition to general business matters.

To secure admission in K J Somaiya Institute of Management, Mumbai candidates need to have good qualifying test scores and academic credentials as well as Good reading habits and an inquisitive mind. 

K J Somaiya Institute of Management was inaugurated by Dr. Manmohan Singh, the former Prime Minister of India, and is consistently ranked among the top Management Institutes and top private sector B-Schools in India.

We hope you found this article on K J Somaiya Institute of Management Admission 2023 helpful while looking for admission and deciding on one of the best B-schools which has an affordable fee and strong placements.

K J Somaiya Institute of Management Admissions 2023 Open: Apply Now