Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), Mumbai
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About Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE)
SIMSREE (Sydenham Institute of Management Studies, Research and Entrepreneurship Education), established in 1983, is a government management institute, operated by the Government of Maharashtra. It is affiliated to Mumbai University and approved by AICTE. SIMSREE has been ranked 25th by IIRF 2024. SIMSREE is known for its flagship MMS program, and admission is done through DTE.
SIMSREE MMS admissions are based on the MAH-CET/ CAT/ CMAT exam, followed by a DTE CAP round for seat allocation. The SIMSREE cut-off is expected to be 99.6 percentile in 2024. The MMS fees is INR 67,000 per year and the average package stood at INR 15 LPA and the highest package at INR 21 LPA in the recent placement drive.
Table of Content
SIMSREE Highlights
The basic details of SIMREE are mentioned in the table below:
| Year of Establishment | 1983 |
| Students Intake | 180 (MMS) |
| MMS Fees | INR 1.34 lakhs |
| Ranking | Crisil AAA*** |
| Total Faculty | 15 (Core Faculties) |
| Highest Package | INR 21 LPA |
| Top Recruiters | CARE ratings, Edelweiss, Goldman Sachs, Lakme L including CARE ratings, Edelweiss, Goldman Sachs, Lakme Lever, Mercer & Morgan ever, Mercer & Morgan Stanley, etc. |
SIMSREE Fees
SIMSREE MMS fees is INR 1.34 lakhs for 2 years. The following table represents the SIMSREE course wise fees:
| Courses | Fees (per year) |
|---|---|
| MMS | INR 67000 |
| MFM | INR 51000 |
| MMM | INR 51000 |
SIMSREE Courses
SIMSREE offers a full-time program in Masters of Management Studies (MMS). SIMREE also offers part-time courses in Masters in Financial Management (MFM) and Master’s in Marketing Management (MMM). The highlights of all the courses are mentioned below:
| Courses | Duration | Program Details |
|---|---|---|
| MMS | 2 Years (Full-Time) | Intake: 180 Eligibility: Bachelor’s degree with 50% marks (45% for candidates with Maharashtra domicile and belonging to a reserved category) Selection Criteria: MAH-CET/ CAT/ MAT/ XAT/ CMAT + CAP |
| MFM | 3 Years (Part-Time) | Intake: MFM - 30; MMM - 30 Eligibility: Bachelor’s degree and 2 years of work experience Selection Criteria: Group Discussion + Personal Interview |
| MMM | ||
| SIMSREE detailed Courses & Fees | ||
SIMSREE Admissions 2024
SIMSREE admission into the full-time MMS program is based on the state-level entrance examination, MAH-CET. The institute also accepts scores of national-level exams like CAT, CMAT, etc.
The admission stages involved in the SIMSREE admission are as follows:
| Admission Stage | Description |
|---|---|
| MAH-CET Exam | Interested candidates will have to appear for the MAH-CET exam or national-level exams like CAT/ CMAT. |
| Apply to DTE | After the MAH-CET results are announced, the candidates will have to apply to the admission process of DTE. |
| CAP Rounds | The candidates will be selected and the seat allocation will be done during the CAP rounds, on the basis of the entrance exam scores. |
| Merit List | The merit list of the selected candidates will be released by the DTE itself. |
| SIMSREE detailed Admission | |
SIMSREE Cut-off 2024 (Expected)
The MAH-CET cut-off for SIMSREE is expected to be 99.97 percentile for Round 1. The MAH-CET cut-off for other exams is as follows:
| Exams | Cut-Off (Expected) |
|---|---|
| MAH-CET | 99.97 |
| CAT | 99.96 |
| CMAT | 99.96 |
| Check: SIMSREE detailed Cut-off | |
SIMSREE Placements 2023
SIMSREE placements 2023 concluded with highest package of INR 21 LPA and the average package stood at INR 15 LPA. The 2023 placement highlights are as follows:
| Particulars | Placement Statistics 2023 |
|---|---|
| Highest CTC | INR 21 LPA |
| Average CTC | INR 15 LPA |
| Placement % | 100% |
| Frequently visited companies | 150 |
| Top Companies | 75 |
| Recruiters | CARE ratings, Edelweiss, Goldman Sachs, Lakme L including CARE ratings, Edelweiss, Goldman Sachs, Lakme Lever, Mercer & Morgan ever, Mercer & Morgan Stanley, etc. |
The placement statistics for the last 3 years are as follows:
| Placements Year | Highest Package | Average Package |
|---|---|---|
| 2023 | INR 21 LPA | INR 15 LPA |
| 2022 | INR 23.50 LPA | INR 13.33 LPA |
| 2021 | INR 25 LPA | INR 12.3 LPA |
SIMSREE Ranking 2024
SIMSREE has been ranked 25th by IIRF 2024, among the top B-Schools in India. It has also been ranked 35th by Business Today 2023, among the Best Government B-Schools.
| Ranking Body | Year | Category | Rank |
|---|---|---|---|
| IIRF | 2024 | Best B-School (Govt.) | 25 |
| IIRF | 2023 | Best B-School (Govt.) | 25 |
| Business Today | 2023 | Top B-Schools | 35 |
SIMSREE vs Great Lakes Gurgaon vs JBIMS
A comparison among some of the top B-Schools i.e. SIMSREE, Great Lakes Gurgaon, and JBIMS are as follows:
| Particulars | SIMSREE | Great Lakes Gurgaon | JBIMS |
|---|---|---|---|
| Established | 1983 | 2010 | 1965 |
| Ranking | 25 (IIRF 2024) | 62 (NIRF 2023) | 10 (Outlook 2023) |
| Campus Area | 1 Acres | 7.5 Acres | 1.77 Acres |
| Batch Size | 205 (MMS) | 180 | 150 -160 |
| MBA Fees | INR 1.34 lakhs | 17.25 Lakhs | INR 6.10 lakhs |
| Admission Process | MAH-CET/ CAT/ CMAT + CAP through DTE | CAT/ XAT/ CMAT+ Personal Interview | MAH-CET/ CAT/ CMAT + CAP through DTE |
| Cut-off | 99.97 percentile | 80 percentile | 99.93 percentile |
| Highest CTC | INR 21 LPA | INR 33.3 LPA | INR 35.75 LPA |
| Average CTC | INR 15 LPA | INR 15.8 LPA | INR 28.02 LPA |
| Scholarship | All state and Central government scholarship | No scholarships are available. | Available on Merit-basis |
Life at SIMSREE
Life at SIMSREE is rigorous with classes starting at 8 AM in the morning and can go up to 9 PM. The day includes both academic and non-academic (guest lectures) lectures. SIMSREE has a student-driven culture. Every month there are a number of committee-related activities, guest lectures, events, and competitions. There are only 205 students in every batch and 12 committees in total. So there is a high chance for every student to be a part of the committee of his/her interest.
SIMSREE has hostel facilities for both male and female students but is only for students who are not from Mumbai. There are 2 boys hostels and 1 girls hostel with high standard facilities.
SIMSREE FAQs
Ques. What is SIMSREE famous for?
Ans. SIMSREE is a government management institute, that is famous for offering a low-cost MMS program.
Ques. Is SIMSREE government of Private?
Ans. SIMSREE is a government institute operated by the Government of Maharashtra.
Ques. What is the rank of SIMSREE in India?
Ans. SIMSREE has been ranked 25th by IIRF 2024, among the Best Government B-Schools in India. It has also been ranked 35th by Business Today Ranking 2023, among the top B-Schools.
Ques. What are the courses offered by SIMSREE?
Ans. SIMSREE offers 4 courses, a full-time MMS program, 2 part–time courses MFM and MMM, and a PhD program.
Ques. What are the fees of SIMSREE?
Ans. The SIMSREE fee for the full-time MMS program is INR 1.34 lakhs for 2 years.
Ques. What is the average salary in SIMSREE?
Ans. The average package at SIMSREE stood at INR 15 LPA, during the 2023 placement drive.
Ques. Is there any increase in the average package of SIMSREE?
Ans. Yes, the average package of SIMSREE increases every year. In 2022 the average package was INR 13.33 LPA and it increased to INR 15.19 LPA in 2023.
Ques. Does SIMSREE accept CAT scores?
Ans. Yes, SIMSREE does accept CAT scores and other national exams like CMAT. The CAT cutoff for SIMSREE is 99.95 percentile.
Ques. What is the highest package of SIMSREE?
Ans. The highest package of SIMSREE stood at INR 21 LPA during the 2023 placement drive.
Ques. Can I take direct admission to SIMSREE?
Ans. No, admission at SIMSREE is purely based on merit. The candidates are selected based on their performance in the MAH-CET/ CAT/ CMAT exams. There is no management quota for direct admission to SIMSREE.
Ques. What are the exams accepted by SIMSREE?
Ans. SIMSREE admissions are usually based on the MAH-CET exam. The institute also accepts scores of national-level entrance exams like CAT/ CMAT.
Ques. Is SIMSREE good for an MBA?
Ans. Yes, SIMSREE is one of the top MBA colleges in Mumbai, It has been ranked 35th among the top B-Schools by Business Today Ranking 2023. The fee for a 2-year MMS is INR 1.34 lakhs, whereas the average package offered at SIMSREE is INR 15 LPA.
Ques. How is the SIMSREE MMS program different from the MBA?
Ans. MBA programs are generally more comprehensive and cover a broader range of business topics, including finance, marketing, human resources, operations, and strategy. On the other hand, MMS programs are more focused and typically cover a narrower range of subjects, such as management, leadership, and entrepreneurship.
Ques. What is the cutoff for SIMSREE?
Ans. The 2023 Round 1 cut-off for SIMSREE was 99.97 percentile and the Round 2 cutoff was 99.96 percentile.
Ques. Can a non-Maharashtrian get admission to SIMSREE?
Ans. Yes, a candidate who does not have a Maharashtra domicile is also eligible to apply for SIMSREE. There are separate quotas for Maharashtra candidates and the non-Maharstra candidates and the cut-off also differs for both quotas.
Ques. How many seats are there in SIMSREE?
Ans. SIMSREE offers 180 seats for the MMS program.
Ques. Who is eligible to apply for SIMSREE?
Ans. The candidates who have completed a graduation with minimum 50% marks, in any field are eligible to apply for the MMS program at SIMSREE.
Ques. What is the admission process for SIMSREE Mumbai?
Ans. SIMSREE Mumbai admission process includes appearing for entrance examinations like MAH-CET/ CAT/ CMAT, followed by a CAP round conducted by DTE.
Ques. Among SIMSREE and JBIMS, which institute has a lower fee for MMS?
Ans. SIMSREE MMS fees are lower when compared to the JBIMS MMS fees. The SIMSREE MMS fee is INR 1.34 lakhs for 2 years and the JBIMS fee is INR 6.10 lakhs for 2 years.
Ques. Will it be possible to apply for admission at SIMSREE, without appearing in the MAH-CET exam?
Ans. Yes, if the candidates have appeared for any other national examination like CAT/ CMAT, then they can apply to SIMSREE without appearing for MAH-CET.
Ques. What is the CAT cutoff for SIMSREE?
Ans. The CAT cutoff for SIMSREE Mumbai is 99.96 percentile.
Ques. What is the CMAT cutoff for SIMSREE?
Ans. The CMAT cutoff for SIMSREE is 99.96 percentile.
Ques. What is the eligibility to apply for the part-time executive courses at SIMSREE?
Ans. The candidates who have completed graduation and has a 2 years of work experience are eligible to apply for the part-time executive courses at SIMSREE.
Ques. What is the duration of the part-time courses at SIMSREE?
Ans. The part-time courses offered by SIMSREE i.e. MFM and MMM are of 3-year duration.
Ques. How many seats are available for the part-time courses at SIMSREE?
Ans. Each of the part-time courses i.e. MFM and MMM has 30 seats
Ques. What is the admission process for the part-time courses at SIMSREE?
Ans. The admission into the part-time courses at SIMSREE is based on group discussion and a personal interview.
Ques. How many seats are there for the PhD program at SIMSREE?
Ans. There are 30 seats for the PhD program at SIMSREE.
Ques. What are the exams accepted by SIMSREE for PhD admission?
Ans. JRF and PET are the exams accepted by SIMSREE for PhD admissions.
Ques. Who are the top recruiters who visited SIMSREE during the 2023 placement drive?
Ans. Some of the top recruiters who visited SIMSREE during the 2023 placement drive include Axis Bank, Barclays, Citicorp, Deloitte, Deutsche Bank, GEP, Goldman Sachs, HDFC Bank, ICICI Bank, ICICI Prudential, IDFC First Bank, Infosys, Lakme Lever, Marsh, Morgan Stanley, Piramal Group, PwC & Wipro.
Ques. What is the gender ratio at SIMSREE?
Ans. The male-to-female ratio at SIMSREE is 3:1. The last 2021-23 batch consisted of 75% male students and 25% female students.
Ques. What is the average percentage of freshers admitted to SIMSREE?
Ans. In the SIMSREE 2021-23 batch, around 46% of the batch were freshers.
Ques. How many recruiters visited SIMSREE during the 2023 placement drive?
Ans. A total of 72 recruiters visited SIMSREE during the 2023 placement drive, and among them, 32 were new recruiters.
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Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) Fees & Eligibility
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
| M.M.S | ₹67,000 (1st Year Fees) | Graduation | 11 Jan - 22 Jul 2024 | |
Ph.D 1 Course | ₹13,325 (1st Year Fees) | Post Graduation | - |
| Course | Fees | Eligibility | Application Date | Action |
|---|---|---|---|---|
M.M. 2 Courses | ₹51,000 (1st Year Fees) | Graduation | 11 Jan - 22 Jul 2024 |
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Courses Offered By Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) 2024
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Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) Upcoming Application Dates 2024
Important Events
| Events | Dates |
|---|---|
| MAHCET Registration Timeline | Jan 11, 2025 - Feb 12, 2025 |
| MAHCET Admit Card | Feb 28, 2025 |
| MAHCET Exam Date | Mar 09, 2025 |
| MAHCET Result Date | Apr 28, 2025 |
Expired Events
| Events | Dates |
|---|---|
| MAHCET Counselling Start Date | Jul 09, 2024 |
| MAT (PBT) Exam | Jun 02, 2024 |
| CMAT Result | May 31, 2024 |
Important Events
| Events | Dates |
|---|---|
| MAHCET Registration Timeline | Jan 11, 2025 - Feb 12, 2025 |
| MAHCET Admit Card | Feb 28, 2025 |
| MAHCET Exam Date | Mar 09, 2025 |
| MAHCET Result Date | Apr 28, 2025 |
Expired Events
| Events | Dates |
|---|---|
| MAHCET Counselling Start Date | Jul 09, 2024 |
| MAT (PBT) Exam | Jun 02, 2024 |
| CMAT Result | May 31, 2024 |
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Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) Cutoff 2024
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Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), MAHCET Cutoff 2023
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE), MAHCET Cutoff 2023 for EWS Category is listed below. The overall cutoff percentile for MAHCET is 99.45307
| Courses | Round 2 | Round 3 |
|---|---|---|
Compare | 99.45307 | 99.40262 |
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Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) Rankings 2024
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Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) Scholarship 2024
Scholarship provided by the college.
SIMSREE is one of the top management institutions in Mumbai that offers MMS programs at a lower cost, compared to the other management institutions. SIMSREE also offers scholarships that allow students to study for free or at a cost much lower than the program fees. Since SIMSREE is a renowned institute, various banks and financial institutions like Union Bank, IDFC First Bank, etc., offer loan schemes to help students pay their tuition and living expenses.
Check: SIMSREE Courses
SIMSREE Scholarship
Some of the scholarships that are offered by SIMSREE are as follows:
- Maharaj Takhat Singh Ji of Bhavnagar Scholarships.
- Pragji Purshottam Bhatia Memorial Scholarship
- D. Tata Memorial Scholarship for Academic Excellence.
- The Limid Scholarship for Academic Excellence.
- S. Desai Sports Scholarships.
- Beri Memorial Scholarship
- Percy Anstey Memorial Scholarship
- E.Merchant Scholarship
- The Government of Maharashtra awards Dakshina Fellowships.
- BBI & BMS KPMG Scholarship.
Check: SIMSREE Admission
SIMSREE Financial Assistance
Union Bank Loan Scheme
Union Bank offers Loan to the Teir-2 Management Institutes and SIMSREE comes under the list. This loan is to meet the tuition fees, caution deposit, hostel charges, mess charges, cost of books, living expenses, etc. The loan amount can go from INR 7.50 lakhs to up to INR 20 lakhs.
IDFC First Bank Loan Scheme
IDFC First Bank also offers MBA loans to students and students taking admission in SIMSREE can also apply for this loan scheme.
Check: SIMSREE Placements
SIMSREE Scholarships FAQs
Ques. Does SIMSREE offer scholarships?
Ans. Yes, there are a few scholarships that are offered to eligible students by SIMSREE.
Ques. What are the costs that the SIMSREE scholarship covers?
Ans. The SIMSREE scholarships usually cover the tuition fees. Some of the scholarships can also cover the hostel fees.
Ques. What are the fees for SIMSREE?
Ans. SIMSREE fee for 2 years is INR 1.34 lakhs. SIMSREE fees also include the hostel and the library fees, but they are charged separately.
Ques. Can SIMSREE students take education loans?
Ans. Yes, SIMSREE students can take education loans. Banks and Financial institutions like Union Bank, IDFC First Bank, etc., offer education loans to SIMSREE students.
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE): 3 Answered Questions
What are the college timings for an MMS course at JBIMS and Sydenham?
Any typical day at JBIMS depends on your workload and the ongoing semester. The duration of lectures is 3 hours with a small break. The lectures take place in the following shifts
- 7 am-10 am
- 2 pm-5 pm
- 6:30 pm-9 pm
There might be one, two, or three lectures depending on your course. Another set of events that constitute a major part of your day is committee-related events like competitions. Apart from that you are always busy preparing for your presentations and assignments. Attending guest lectures is mandatory and no one can evade them.
The first semester is the busiest as it’s packed with induction, committee election, summer placements, and lectures. You won’t be able to sleep more than 4-5 hours a day and then soon adapt to the strenuous college life.
What is the objective of admitting freshers in Ivy B-Schools like IIMs, FMS, JBIMS, SIMSREE, SPJIMR, XLRI, etc.?
MBA admission in Indian B Schools is a fairly weird process in comparison to that of foreign B Schools. In India, the admission process requires a candidate to have some work experience and in certain B-schools, it even carries a certain weightage. But during Final Placements, this scenario changes entirely as the recruiters prefer freshers over experienced candidates. The major reasons for this contrast are:
- The recruiters offering Marketing roles are on the lookout for candidates who can initially go through a sales job for a few years. They believe that the route to Marketing is through sales only. Now Sales requires a lot of traveling that too to rural areas. The recruiters know that these tough job conditions cannot be undertaken by Experienced professionals and thus prefer freshers who they can mold easily.
- The companies offering Finance roles know that the candidates with prior work experience won’t be working for the long hours they require them to. So they prefer freshers who can work long hours without complaining.
Recruiters are looking for candidates with work experience of not more than 11-12 months. Honestly, this strategy is illogical as a person with more work experience is bound to excel much better than a fresher, and restricting him from getting a job just because they cannot be exploited to the fullest extent is a bit cruel.
The scenario is pretty much the opposite in foreign countries that prefer MBA candidates with work experience only. This is because in India MBA is considered a way to become more employable or earn a fatter cheque. Whereas in the West, it is a means to upgrade your career and take it to new heights. The entire concept of MBA is at fault in India thereby this illogical strategy.
In my opinion, MBA candidates should have a work experience of at least 1 year, only then they can harness the MBA program to the fullest and not approach it just as a source of placements.
Why is JBIMS better than SIMSREE despite both having almost the same quality of students?
As a potential student, you should be aware of the establishment years of the preferred institutes in Mumbai. The following are the establishment years of the institutes in Mumbai:
- Jamnalal Bajaj Institute of Management Studies - 1965
- WE School - 1977
- S. P. Jain Institute of Management and Research - 1981
- K. J. Somaiya Institute of Management Studies and Research - 1981
- Narsee Monjee Institute of Management Studies - 1981
- Shailesh J. Mehta School of Management - 1995
It is important to note that this list only includes pure B-schools and excludes TISS for Social Sciences (1936) and NITIE for Industrial Engineering (1963).
Establishment year is not necessarily an indicator of the worth or popularity of an institute, as demonstrated by the relatively young Indian School of Business (ISB) which has gained a strong reputation in just 22 years. However, a longer establishment period can provide an institute with a head start, a larger alumni base, and increased brand awareness.
In terms of the admission process, the establishment year of an institute is not a determining factor. This year, the process was the same for all institutes, with students admitted based on their score on the Common Entrance Test (CET). A score of 99.85+ would generally get you into JBIMS, while a score of 99.8 might result in admission to Sydenham. The difference between these scores is negligible and does not necessarily indicate a difference in ability or aptitude.
JBIMS has maintained a strong ranking for a long time and is expected to continue to do so in the future. It is unlikely that Sydenham will surpass JBIMS in terms of ranking. However, if JBIMS were to move away from the CET centralized process, Sydenham would likely become the top institute based on CET scores alone.
There are some differences in the environment and atmosphere at JBIMS versus other MMS offering institutes. JBIMS has a unique reputation, which is partially due to the work of its alumni in the industry, and partially due to the fact that some professors only teach at JBIMS and do not teach at other institutes. As a result, each year, several students from SIMSREE take the CET again in an attempt to get into JBIMS.
Ultimately, what matters most is what you do with your admission to an institute, rather than the institute itself. Getting into JBIMS and not performing well in life is not meaningful. Instead, you should focus on identifying yourself within two years and becoming better than the crowd, regardless of the institute you attend. Whether at JBIMS or Sydenham, you can strive to be at the top of your academic game, take on internships, and pursue certifications to enhance your career prospects. The tag of your institute may matter for a few years, but it is ultimately up to you to make the most of your corporate career.
Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) Facilities
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Sydenham Institute of Management Studies, Research and Entrepreneurship Education (SIMSREE) Faculty
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Mumbai - 400020
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