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K J Somaiya Institute Of Management

About

Established in 1981, K J Somaiya Institute of Management is a private autonomous business school under Somaiya Vidyavihar Mumbai University. It has achieved significant recognition, ranking 45th in the list of Top B-Schools of India as per NIRF 2023. Moreover, it stands as the 19th B-School in India to earn the prestigious AACSB accreditation. Notably, the MBA program offered by the college is duly recognized by the UGC.

Located in the financial capital of the country, Mumbai, K J Somaiya Institute of Management attracts top recruiters who visit the campus each year to seek out top talent for their organizations. The Institute offers admission into its flagship programme, the 2-year full-time MBA programme, based on CAT/ XAT / GMAT/ NMAT/ CMAT scores followed by a GD-PI round. Beyond the core MBA programme, K J Somaiya Institute of Management also offers MBA-HealthCare Management, & MBA-Sports Management programmes.

Somaiya Vidyavihar University boasts a sprawling green campus. The University is equipped with excellent Educational, Recreational, Community, Health, and Sports facilities. Among these amenities are an Olympic-size athletic track, a full-sized football ground, volleyball and tennis courts, well-equipped gymnasiums, squash courts, a yoga room, a medical center, and an open-air Amphitheater. The curriculum, designed by distinguished names from academia and industry, ensures that every graduate from Somaiya Vidyavihar University is future-ready and a multi-faceted professional with much to offer to the world.

K J Somaiya Institute of Management offers a wide range of programmes designed to empower incoming students with the flexibility to explore diverse specializations. This allows the students to carve out a future career path that aligns perfectly with their unique interests and aspirations, all while striving for excellence.

K J Somaiya Institute of Management - Financial Aid

Financial Aid will be awarded to the selected applicants in the range of 10% to 80% of the tuition fees based on the evaluation process. Financial Aid awarded will be applicable for the entire duration of the programme.

The decision of the Financial Aid Selection Committee will be final and cannot be challenged under any circumstance.

Eligibility Criteria (Any One):
✔ Family income of less than ₹ 8,00,000 per annum.
✔ People with Disabilities (PwD)
✔ Wards of defense personnel disabled or deceased in the line of duty

To know more, Click here.

Scholarship Offered at K J Somaiya Institute of Management

Merit-Based Scholarship:

Merit-based scholarships are offered to candidates who have demonstrated academic excellence with other significant achievements in sports, arts, community service, or any other achievement as evidence of the student’s outstanding capability.

Number of scholarships: 5 (100% Tuition fee waiver)

Eligibility:
● Students must be a resident of India and below 30 years of age.
● Students must have an excellent academic record (10th, 12th, and graduation) and good scores in qualifying examinations.
● Achievements at the State, National level, or International level in Sports, Arts, and Community service or other significant achievements.

Apart from Financial Aid and Merit-Based scholarships, the university also provides other scholarships. To Know more,Click Here.

K J Somaiya Institute of Management Alumni

The K J Somaiya Institute of Management is one of the top institutes recognized for the success stories of its illustrious alumni. The names of successful alumni members of the institute are mentioned below:

Sr. No. Name Batch Designation Organization 
1 Ramnath Sarma 1986 Global Head - Cash Client Standard Chartered Service Bank, Singapore
2 Lata Pillai  1988  Managing Director & Head - Capital Markets JLL India
3 Jamnadas Majethia  1989  Partner & Actor Hats-off Productions
4 Ajay Kaul  1990  Managing Partner AgreeYa Solutions, USA
5 Ajay Kapur  1991  Director & CEO Ambuja Cement
6 Aslam Karmali  1991  CEO - Consumer Division Eureka Forbes
7 Madhusudan Kela  1991  Proprietor MK Ventures 
8 Sanjay Shah  1992  Country Head (India) & MD Morgan Stanley
9 Paresh Zaveri  1992  Chairman  Aurionpro Solutions, Singapore 
10 Jamshyd Patravala  1993  General Manager & Country Head - Diagnostics Abbott 
11 Apoorva Mehrotra 1994  CEO & MD Airtel Zambia, Zambia
12 Loveena Khatwani  1995  Chief Client Experience Officer Edelweiss Capital
13 Gaurang Desai  1996  Chairman D2A2, UAE
14 Shreeram Sethuraman 1996  Managing Director BNP Paribas
15 Kulvinder Ahluwalia  1996  CEO FCB Ulka Advertising
16 Rishi Srivastava 1997  CEO - Group Agency Distribution AIA, Hong Kong
17 Sheetal Daftary 1997  MD - IT Audit & Assurance KPMG, USA
18 Vikram Bhatt  1997 Founder & Director Enrich Salons & Academy
19 Sony Nichani  1997  Chief Executive Officer Publicis Groupe, Indonesia
20 Mehul Kapadia  1998  Chief Growth Officer Locus, UK
21 Vikram Malhotra 1999 Founder & CEO Abundantia Entertainment

USP

K J Somaiya Institute of Management- Ranking

Ranking Body Ranking
NIRF Management Ranking 2023 45
Business Today 25
Time of India 05
Education World 05
Competition Success Review 07

What’s New at K J Somaiya Institute of Management?

The new Student Progression Plan has been introduced through which students will experience metamorphosis as they begin their growth journey with self-reflection, navigating various competency mappings, and acquiring essential learnings, ultimately uncovering their true potential. There are various aspects covered in the student progression plan, such as:

● Deep reflective learning through Ken and Economist – An initiative undertaken to keep the students updated on geopolitical developments while fostering their ability to critically evaluate information and connect classroom learning to real-world situations.
● Careers & Conversations – Students have the opportunity to listen to leaders share insights about their careers. This provides valuable life lessons on how to navigate their career paths.
● Active participation in Sports and Health and well-being – There is abundant evidence that mental and physical well-being are the key to success. Therefore, active participation in sports and focus on well-being is a priority for the institute.

Through these initiatives, the institute aims to prepare its students to be ‘Day 1 Ready’ and empower them to pursue their aspirations by taking charge of their development journey.

Institute Facilities and Infrastructure at K J Somaiya Institute of Management

K J Somaiya Institute of Management lays great emphasis on the holistic development of students, not just in the classroom but in terms of industry interaction, cultural activities, sports competitions, entrepreneurial pursuits, socially relevant activities, and consultancy for small and medium enterprises. For learning to be effective it needs to be delivered in a congenial environment that not just nurtures but stimulates the interest of the best minds that receive it. K J Somaiya Institute of Management offers a world-class infrastructure that supports the pursuit of knowledge and the exercise of individual interests. Some of the facilities offered by the Institute include:

● 24/7 equipped Medical Room in the hostel and on-call ambulance
● The campus provides a variety of sports facilities like a running track, live chess court, Football Ground, Cricket Ground, Badminton Court, Basketball Court, Volleyball Court, Tennis Court, Table Tennis Room, Squash Court, etc.
● The campus cafeteria offers a diverse range of culinary options, catering to various tastes and preferences.
● 24-hour WiFi access across the campus, ensuring students have continuous internet connectivity, day or night.
● Amphitheater and 2 state of art auditoriums – Nalanda and Takshila
● Two separate hostels for girls and boys- Maitreyi and Sandipani respectively, including various facilities such as a laundromat, gym, activity room, internet, and a night mess.
● Fully computerized library with 91,000+ books and access to online databases such as CRISIL, PROQUEST, etc.
● Bloomberg Financial Lab with multiple Bloomberg terminals, offers students extremely focused and high-end knowledge programs with a high degree of practical learning and on-the-job applicability.
● The computer centre is one of the best equipped IT centres geared to aid the learning process. Software packages like SPSS, SAP-ERP, Rational Rose, AMOS (for structural equation modelling), and simulation games help in conducting data analysis for business and marketing research activities, analysis of case studies, and preparation of summer training projects and concurrent projects.

K J Somaiya Institute of Management - Placements, Batch 21-2023

During the placement drive of 2023, most of the offers were made from sectors like the Banking and Insurance Sector, IT & ITES, Financial Services, Consulting & FMCG. The major placement highlights are mentioned below:

● Number of recruiters: 117
● Highest salary: INR 25.95 LPA
● Average salary for Top 100 students: INR 16.59 LPA
● Average salary for Top 200 students: INR 14.86 LPA
● Average package of Top 300 students: INR 14 LPA

Note: For MBA Sports Management, placements will be in Sports and Sports Allied Organisations only.

K J Somaiya Institute of Management - Summer Internship Placements, Batch 22-2024

Full-time Summer Internships in the months of April-June for two months to gain hands-on training and learning experience with the organization, in partial fulfillment of the requirement of the degree. Students also get an opportunity to receive a Pre Placement Offer on successful completion of their Summer Internships. The summer internship placement data are mentioned below:

● Number of recruiters: 113
● Highest stipend: INR 1,08,000 per month
● Average stipend for Top 100 students: INR 56,216 per month
● Average stipend for Top 200 students: INR 49,758 per month
● Average stipend for Top 300 students: INR 43,225 per month

K J Somaiya Institute of Management - Live Projects

Live projects are short-term assignments extended by companies to enhance the industry exposure and employment abilities of the students. The duration of the live project may vary from two weeks to a maximum of two months. Students pursue these live projects under faculty mentorship. Some of the companies that were interested in Live Project hiring for the latest batch were Tata Sons, InvestWorks, Michael Page, Hydro Health, Axis Bank, Farm Stories, etc.

K J Somaiya Institute of Management - International Collaboration

Internationalization of education in higher education institutions increases both cognitive flexibility and integrativeness of thought. In the line of vision statement “Our dream is to build a world-class research & teaching institution that is global in the reach of its ideas and universal in its service”, K J Somaiya Institute of Management envisaged an internationalization strategy to foster global competencies in our faculty and students. The National Education Policy, 2020 (India) also envisions attaining the highest global standards in the quality of higher education.

Somaiya Vidyavihar has academic collaboration with leading universities in the USA, Europe, Asia, Africa, and Australia to work together to promote academics, research, and experiential learning beyond the scope of an individual university.

K J Somaiya Institute of Management International immersion programme includes students visiting a foreign country for 7-15 days as a part of a study tour. The institute has a Semester Exchange programme with the following colleges:

● Saint Martin University, USA
● New Jersey City University, USA
● DHBW, Stuttgart, Germany
● THI, Ingolstadt, Germany
● UC Leuven Limburg, Belgium
● University of Applied Science, Krems, Austria
● University of Technology of Troyes, France

Click here to know more.

Exams Applicable

Selection Criteria

Admission Process and Parameters for K J Somaiya Institute of Management - 2024-2026

Admission Process - MBA

1. CAT/ XAT/ GMAT/ NMAT/ CMAT:
○ Only the 1st attempt of NMAT will be considered.
○ GMAT score valid from 1st January, 2021 to 18th January, 2024

2. Application Form Filling: The candidate needs to visit the K J Somaiya Insitute of Management’s website and fill out the application form before the deadline to be eligible for the further process. Students can visit the Admission Overview page and fill the Somaiya Application form.

3. Shortlist for GDPI: Shortlisting would be done based on the Qualifying Entrance Exam test scores. Shortlisted candidates need to fill out the Candidate Profile Form.
Note: (MBA -Healthcare Management and Sports Management – Students are also required to fill out the Statement of Purpose (SOP) if shortlisted.

4. GDPI Process: The GD-PI process will be conducted across different cities across India. Group Discussions and Personal in-depth interviews.

5. Online Seat Allotment: Candidates will be offered the programme on a merit basis and availability of seats.

Admission Process - MBA Healthcare Management

1. CAT/ XAT/GMAT/NMAT/CMAT: Eligible candidates will have to appear for CAT/ XAT/ GMAT/ NMAT/ CMAT.

2. Form filling: Candidates seeking K J Somaiya Institute of Management MBA Healthcare Management admissions must apply by filling out the online application form. Students can visit the Admission Overview page and fill out the Somaiya Application form.

3. Shortlisting for GDPI: Shortlisting would be done based on the student profile and qualifying exam score. Shortlisted candidates need to fill out the Candidate Profile Form. SOP Submission: Candidates are required to submit a Statement of Purpose before appearing for the GDPI.

4. GDPI Process: The GD-PI process will be conducted across different cities across India. Group Discussions and Personal in-depth interviews.

5. Online Seat Allotment: Candidates can login to the application form to view the status of their application.Candidates will be offered the programme based on their result, and the availability of seats.

Note: Candidates applying through NMAT & GMAT are required to select K J Somaiya Institute of Management as one of the institutes for sending their scores in NMAT & GMAT portal respectively.

Admission Process - MBA Sports Management

1. Entrance Exams: Eligible candidates will have to appear for CAT/XAT/GMAT/NMAT/CMAT/MAT/ATMA/PERA-CET/CUET

2. Form filling: Candidates seeking K J Somaiya Institute of Management MBA Healthcare Management admissions must apply by filling out the online application form. Students can visit the Admission Overview page and fill the Somaiya Application form.

3. Shortlisting for GDPI: Shortlisting would be done based on the student profile and qualifying exam score. Shortlisted candidates need to fill out the Candidate Profile Form.
SOP Submission: Candidates are required to submit a Statement of Purpose before appearing for the GDPI.

4. GDPI Process: The GD-PI process will be conducted across different cities across India. Group Discussions and Personal in-depth interviews.

5. Online Seat Allotment: Candidates can login to the application form to view the status of their application.Candidates will be offered the programme based on their result, and the availability of seats.

Note: Candidates applying through NMAT & GMAT are required to select K J Somaiya Institute of Management as one of the institutes for sending their scores in NMAT & GMAT application forms/portal respectively.

Application Process:

● For MBA and MBA -Healthcare Management Programme Application form fee is
₹ 3,000/- (Non-Refundable) + applicable charges
● For MBA – Sports Management Programme Application form fee is ₹ 1,000/-
(Non-Refundable)
● To Apply Online: Click here.

Selection Parameters:

Candidates will be selected based on the following factors (MBA):
● CAT/ XAT/ GMAT/ NMAT/ CMAT Scores - 25%
● Personal Interview (Competency Based) - 25%
● Group Discussion (Competency Based) - 15%
● Academic Profile - 15%
● Written Ability Test (WAT) - 10%
● Work Experience - 10%

Candidates will be selected on profile-based shortlisting on the following factors (MBA Healthcare Management):
● CAT/ XAT/ GMAT/ NMAT/ CMAT Scores - 25%
● Personal Interview (Competency Based) - 20%
● Group Discussion (Competency Based) - 10%
● Academic Profile - 15%
● Work Experience - 10%
● Statement of purpose- 10%
● Additional Qualification (Related to Healthcare Management)- 5%
● Written Ability Test (WAT) - 5%

Candidates will be selected on profile-based shortlisting on the following factors (MBA Sports Management):
● CAT/XAT/GMAT/NMAT/CMAT/MAT/ATMA/PERA-CET/CUET - 30%
● Statement of Purpose - 15%
● Played Sports - 15%
● Personal Interview - 40%

Eligibility Criteria: Students pursuing or having completed a minimum of a three-year graduate programme in any discipline with a minimum of 50% aggregate marks from any University recognized by the Association of Indian Universities (AIU)/AICTE are eligible for Post Graduate Studies in Management. Students applying for their final exams in April-May 2024 can also apply. However, they should produce documentary evidence of having passed the graduation examination with minimum aggregate marks as specified above, on or before 31 August 2024, failing which the student will forfeit the admission. The student must have completed the graduation examination process before joining the institute.

K J Somaiya Institute of Management - MBA Admission 2024 Dates

The likely important dates for K J Somaiya Institute of Management - MBA application and admission 2024 are as below:

Description  Important Dates
Last date for submission of application form 18th January 2024 till 11.59 PM
Shortlisting of candidates for GD-PI 5th February 2024 (04.00 pm)
Profile-based shortlisting (For MBA-Healthcare and MBA-Sports Management) 5th February 2024 (04.00 pm)
Uploading of Document (online) 5th February 2024 to 12th February 2024 till 11:59 pm
Slot Selection for Group Discussion and Personal Interview 5th February 2024 to 12th February 2024 till 11:59 pm
Uploading of Candidate Profile 5th February 2024 to 12th February 2024 till 11:59 pm
Group Discussion (GD) and Personal Interview (PI) 23rd February 2024 to 10th March 2024
Admission Offer Letters 1st April 2024 onwards
Inauguration of Programme (Tentative) 19th June 2024 (Wednesday)
Commencement of the Induction Programme 20th June to 28th June 2024
Programme Commencement 1st July 2024 (Monday)

Note:- This schedule is indicative for all stakeholders (including aspirants) to plan their activities. The Institute reserves the right to change or modify the schedule.

K J Somaiya Institute of Management’s Entrance Exam Details

ENTRANCE EXAM EXAM DATES LAST YEAR’S CUT-OFFS
CAT 2023 Nov 26, 2023 83-85 percentile
XAT 2024 Jan 7, 2024 70-72 percentile
GMAT N/A 500-650 score
NMAT 2023 Oct 10 to Dec 19, 2023 222-225 score
CMAT 2024 TBD 98-99 percentile

● Only the first attempt of NMAT will be considered
● GMAT scores are valid for 3 years (from 1st January, 2021 to 18th January, 2024)
● Candidates applying through NMAT and GMAT are required to select K J Somaiya Institute of Management as one of the institutes for sending their scores

Courses Offered

1. K J Somaiya Institute of Management Offers MBA Programmes

K J Somaiya Institute of Management offers MBA programmes that merge the various specializations and super specializations into MAJOR and MINOR domains. Apart from the MBA programme, the MBA in Healthcare Management and MBA in Sports Management - K J Somaiya Institute of Management offers various PG level Programmes, such as MBA Executive, and MCA programme in Management.

MBA(No. of Seats- 600 + Supernumerary Seats):

The two-year, full-time MBA programme allows students the unique opportunity to pursue both a Major and a Minor. In the first year, the Programmes offered will strengthen the foundation i.e., business fundamentals. In the second year, the student will have an 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 Institute offers a bouquet of Minors to complement the Major areas of study. These Minors are offered to the students based on continuous industry and technology advancements. The list mentioned below is indicative and the scope to increase or decrease the Minors will be based on market needs.

Majors Offered Minors Offered
Data Science & Analytics Data Science
Finance Strategy and Consulting
Human Resource Financial Services
Marketing Business Analytics
Operations Management Marketing
Operations Management
People Development
Business Economics

Note: The Institute reserves the right to modify the list of Majors and Minors based on inputs from various stakeholders.

MBA in Healthcare Management - MBA HCM (Number of Seats - 30 + Supernumerary Seats):

The healthcare sector in the country is growing at a tremendous speed and is estimated to multiply through the years. This has certainly increased the number of skilled and trained professionals in this sector. K J Somaiya Institute of Management is one of the best colleges which offers MBA Healthcare Management Programmes. The programme aims to cover the detailed requirements of ambitious healthcare administrators and practitioners. It covers every aspect of this field in detail. MBA in Healthcare Management covers the entire syllabus of management of the health sector. The students are given hands-on experience about the skills and the challenges that are a part of this sector. Practical knowledge is extremely important in this sector.

MBA in Sports Management - MBA SM (Number of Seats - 40 + Supernumerary Seats):

K J Somaiya Institute of Management in association with Somaiya Sports Academy is the right place to convert your passion into a profession in the field of the fast-growing sports sector. From Sports Marketing to Sponsorship, from Sports Event Planning to Execution, Digital Solutions and Analytics for Sports, the evolving e-Sports Arena, Sports Venue Operations and Management, Sports Branding, and Image Management, the opportunities are endless. A degree in Sports Management will help leverage your passion and expertise as a professional suited for a range of organizations involved in sports-related goods, services, and activities.

MBA - Executive (Number of Seats - 30 + Supernumerary Seats):

The program is a power-packed full-time residential program focusing on developing leadership skills & critical thinking skills. This program has been exclusively designed for working professionals and entrepreneurs who are hungry to learn and desire to transform themselves with the current industry demands. The program enables them to climb up the ladder faster and provides an opportunity to upgrade their knowledge in sync with current trends. The programme curriculum is rigorous academic content and industry connect with opportunities to collaborate and share their knowledge and learning through faculty and peers.

Masters of Computer Applications (Number of Seats - 60):

The Master of Computer Applications (MCA) programme aims to equip the students with the holistic and all-round grooming required to be successful in IT and its allied industries by providing them with state-of-the-art facilities and the latest in-trend curriculum. The programme comprehensively focuses on providing students with sound knowledge in all three aspects of industry requirements namely; strong conceptual learning, technical insights, and application design and development. The subject board of IT composed of experts from industry as well as academics meets twice a year to revamp the curriculum. The meritorious students are also invited during the meeting to get their input. Accordingly, the programmes from technology; application, and Techno-management extents such as computational theory, programming, algorithm design and optimization, network and database management, mobile technologies, electronics, mathematics, probability, statistics, accounting, business analysis, Design, and Management of Information System are extensively covered.

The aspirants can visit here to learn more.


Programme Fees

Fee Structure for K J Somaiya Institute of Management :

MBA / MBA Healthcare Management Fees Structure Batch 2024-26

Fees for Batch 2024-26
Particulars  MBA I Year MBA II Year
Tuition Fees  ₹ 5,25,000/-  ₹ 5,67,000/-
Development Fees ₹ 1,66,234/-  ₹ 1,79,533/-
Caution Money Deposit

(Refundable)

₹ 10,000/-  -
Alumni Association Fees ₹ 2500/-
Total  ₹ 10,07,402/-  ₹ 10,79,694/-

MBA Sports Management Fees Structure Batch 2024-26

Fees for Batch 2024-26
Particulars  MBA I Year MBA II Year
Tuition Fees  ₹ 5,25,000/-  ₹ 5,67,000/-
Development Fees ₹ 1,05,000/-  ₹ 1,13,400/-
Caution Money Deposit

(Refundable)

₹ 10,000/- -
Alumni Association Fees ₹ 2500/-
Total  ₹ 6,40,000/-  ₹ 6,82,900/-

Hostel Fees and Mess Fees : To be announced.

K J Somaiya Institute of Management: Click here to know more!
Somaiya Vidyavihar University, Vidyanagar, Vidya Vihar East,
Mumbai - 400077

CONTACT US:
For Admissions Related Queries
+91 22 6728 3232 / 3292 / 3277
admission.simsr@somaiya.edu
adcom@somaiya.edu

For general information:
+91 22 6728 3000 / 6728 3050
info.simsr@somaiya.edu

To know more, click here!

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