K J Somaiya Institute of Management competes 97% Placements 2023; Average Salary Up to Rs. 12.23 LPA

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MBAUniverse.com News Desk |
January 12, 2023
AACSB Accredited, K J Somaiya Institute of Management Mumbai has witnessed large number of recruiters with more offers in Placement 2023 for its large batch with 614 students of the 2021-23 batch. Average Salary in placement 2023 has gone up at Rs.12.23 LPA while highest salary is Rs.22.50 LPA. 97% students of the batch have already got placement offers from 171 marquee companies as on January 10, 2023, and the placement process is still going on
K J Somaiya Mumbai Placement 2023

Placement 2023 at K J Somaiya Institute of Management Studies Mumbai has witnessed large number of recruiters with more offers being made to the students of 2021-23 batch. As on January 10, 2023, a total of 171 companies have 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 K J Somaiya and the response is a remarkable improvement. This is the interim placement shared by K J Somaiya Institute of Management and the final Placement 2023 may bring more surprises when the process is over.

K J Somaiya Mumbai MBA Admission Open - Apply Now

Average package in Placement 2023 at K J Somaiya Institute of Management has gone up at Rs. 12.23 LPA in 2023 from Rs. Rs.10.67 LPA last year while highest package is Rs.22.50 LPA even before the process is over. From amongst the 171 companies making offers to 614 students across MBA programs, 40 participated for the first time.

The companies visiting K J Somaiya campus for the placement 2023 are 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.

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.

K J Somaiya Summer Internship Batch 2022-24: Highlights

  • Batch size – 696 Students MBA/HCM/SM/EXEC BATCH 2022-2024
  • 57% Batch Placed.
  • Highest stipend: Rs 108,000/- Per Month
  • Average stipend: Rs. 29,819/- Per Month
  • 75 companies have visited our campus for Summer Internships so far.
  • 17 new recruiters hired for summer placements
  • The summer placements process is ongoing

K J Somaiya Mumbai MBA Admission Open - Apply Now

Top Recruiters
Among the 132 recruiting companies in Placement 2023 at K J Somaiya, 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.

K J Somaiya

Nestled in a 60 acre campus in the central suburbs of Mumbai, K J Somaiya offers full-time and part-time MBA, and Masters in Computer Applications, along with doctoral studies in management. All the programmes are AICTE and UGC approved.

With a legacy of 60 years as part of Somaiya Vidyavihar  that was established in 1959,  K J Somaiya Institute of Management Mumbai came into existence in 1981. Since then it has been imparting and contributing tremendously in qualitative development of Management Education in India. K. J. Somaiya Institute of Management has autonomous status granted by UGC.  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. MBA Admission 2023 at K J Somaiya Institute of Management is open for next few days Apply Now

Stay tuned to MBAUniverse.com for more updates on K J Somaiya Institute of Management, Mumbai