K J Somaiya Institute of Management, located in Mumbai and accredited by AACSB, has achieved an impressive placement rate for its extensive batch of 673 students from the 2022-24 cohort as of January 2024. The ongoing placement process has seen a surge in average salaries, with the top 100 offers reaching an average of Rs. 17.12 LPA and the highest salary peaking at Rs. 28.25 LPA, showcasing a substantial increase from the previous year's figures.
The top 100 offers in Placement 2024 reflect an impressive average salary increase to Rs. 17.12 LPA, compared to Rs. 16.38 LPA in the previous year. The highest salary reached an outstanding Rs. 28.25 LPA, showcasing substantial growth. The institute anticipates more companies participating in the ongoing placement process, with the final results eagerly awaited.
Companies across diverse sectors, including Financial Services, Banking, Insurance, Consulting, Analytics, FMCG, IT/ITES, Retail, Pharmaceuticals, Media, Market Research, E-commerce, Infrastructure, Automobiles, Education, and Telecommunications, among others, are actively recruiting from the K J Somaiya campus. This diverse range of opportunities caters to the varied expectations and aspirations of the students.
K J Somaiya Institute of Management Placement 2022-2024: Key Highlights
- Large Batch of 2022-24 with 673 Students in MBA/HCM/SM
- Highest salary: Rs.28.25 LPA
- 115 PPOs were extended to the students.
- Average salary of top 100 offers: Rs. 17.12 LPA
- Average salary of top 200 offers: Rs. 15.41 LPA
- Average salary of top 300 offers: Rs. 14.24 LPA
- Among the principal offers made, students have received job offers from industrial sectors such as BFSI, Consulting, IT & ITES, Manufacturing, and FMCG.
- Sectors like Banking, IT, and Financial Services are at the forefront of the hiring.
K J Somaiya Institute of Management Summer Internship Batch 2023-25: Top Recruiters
Notable companies participating in the summer placement include D E Shaw, Jio Creative Labs, JP Morgan Chase, ICICI Bank, Marsh Mclennan, HSBC, CISCO, Dabur, HDFC Bank, Gartner, Deloitte, GEP, Tata Capital, Arcesium, CRISIL, Goldman Sachs, Colgate, Wells Fargo, McCain Foods, Thyrocare, Accenture, Salesforce, Wipro, DXC Technology, Nouryon Chemicals, Piramal Pharma, Tommy Hilfiger, and others.
K J Somaiya Institute of Management Summer Internship Batch 2023-25: Highlights
- Students MBA/HCM/SM BATCH 2023-2025
- Sectors like Banking, Consulting, FMCG, and Financial Services are at the forefront of the hiring.
- Highest stipend: Rs 1,08,000/- Per Month
- Average stipend of top 100: Rs. 58,780
- Average stipend of top 200: Rs. 41,528
- Average stipend of top 300: Rs. 28,448
- The summer placement process is ongoing
The summer internship batch of 2023-25 also experienced active hiring in sectors like Banking, Consulting, FMCG, and Financial Services. The highest stipend reached Rs. 1,08,000/- per month, indicating a lucrative internship programme. The ongoing summer placement process is expected to yield favorable results.
K J Somaiya Institute of Management was established in 1981 as part of Somaiya Vidyavihar (now a constituent institute of the Somaiya Vidyavihar University since August 2019) to provide state-of-the-art education in management and allied areas. The institute is consistently ranked among the top 25 Management Institutes and Top 10 private sector B-schools in India.
Over the past four decades, the Institute has evolved into a leading B-school offering sector-specific and employment-oriented management programmes. Apart from the regular programmes, the Institute offers customized and industry-specific certificate and executive development programmes for government bodies, companies, defense personnel, and NGOs.
The institute holds autonomous status granted by UGC and boasts a substantial alumni base in key corporate positions, maintaining robust international linkages. Additionally, the Institute is an accredited member of the Association to Advance Collegiate Schools of Business (AACSB).
K J Somaiya Institute of Management continues to be a leading business school, attracting top recruiters and offering diverse opportunities to its students, further solidifying its position in the realm of management education in India. MBA admissions for 2024-2025 are currently open, providing prospective students with the opportunity to be part of this prestigious institution.
Stay tuned to MBAUniverse.com for more updates on K J Somaiya Institute of Management, Mumbai
