KJ Somaiya Institute of Management offers a range of scholarships and financial aid options for students. These include need-based, merit-based, merit-cum-means scholarships, as well as special interest and subject-based scholarships. Eligibility for these scholarships typically requires demonstrating financial need, academic excellence, or meeting specific criteria such as family income below Rs 3 lakhs. Tuition fees for the two-year MBA program range between Rs 17 to 20 lakhs, with hostel and mess fees additionally costing around Rs 4.5 to 5 lakhs for two years.
Many banks, including HDFC, SBI, and Canara Bank, provide easy access to education loans, often featuring a moratorium period of up to 2 years, with interest rates ranging from 7% to 13%. The college also offers substantial placement opportunities, with average salaries around Rs 11 to 12.5 lakhs per annum, ensuring a favorable return on investment for students.
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