Is it worth it to study for an MBA in tier 3 colleges like TAPMI, BIM, or K J Somaiya?

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Krishna Dubey Posted On - Jan 6, 2023
MBA from K.J. Somaiya Institute of Management Studies and Research (SIMSR) (Graduated 2019)

TAPMI and KJ Somaiya are tier 2 colleges. The primary reasons why KJ Somaniya is superior are listed below.

Location - Because KJ SIMSR is located in India's financial capital, companies can easily come in for recruitment. Because most companies have their headquarters in Mumbai, various CXOs can come in for informative guest lectures. You will also have access to a number of live projects to work on.

ROI - Fees are lower when compared to TAPMI.

Faculty - The majority of the faculty members have a Ph.D. or are pursuing one, which helps shape your knowledge.

Infrastructure includes a 60-acre campus with an Olympic-size running track, an open chess board, multiple auditoriums, AC classrooms, an amphitheater, multiple libraries, and other amenities.

In terms of rankings, it all comes down to perception and the methodologies used by various evaluating agencies, so a TIER 1 in one ranking may be a TIER 3 in another.

During KJ Somaiya Institute of Management MBA placements 2022, the highest and average packages offered were INR 26.50 LPA and INR 10.97 LPA, respectively. Furthermore, during KJ Somaiya Institute of Management MBA placements in 2022, the placement rate was 99%. In addition, the highest and average packages offered during KJ Somaiya Institute of Management MCA placements 2022 were INR 11.50 LPA and INR 5.67 LPA, respectively. During the MCA placements at KJ Somaiya Institute of Management in 2022, the placement rate was 98%.

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Apoorv Ankur Posted On - May 30, 2021
PGDM Finance & Analytics, T. A. Pai Management Institute (2019)

The worthiness of institutes cannot be judged as such, which is dependent on several factors like placement, academics, faculties, etc. Some of the key factors of judgment are listed below which would help you make a decision.

  1. TAPMI has some decent academic facilities, faculties, and a proper environment. The institute creates an atmosphere for decent learning.
  2. If you go for these tier-3 institutes, you need to take two main aspects into account. 
    • Get properly accustomed to your own credentials and profile. The institute helps the candidate to figure out their level of competency.
    • How far you want to go in life. Because growing in life needs hard work and dedication. 
  3. Tier-3 institutes cannot provide top-notch placement. Mostly, the profiles offered are some areas in sales, which is not desirable to many.

Categories

TAPMI

BIM

K J Somaiya

Course Fee

15.1 lakh

92.14 K

2.97 - 16.29 lakh

Placement Percentage

80-90%

97%

80%

Highest CTC

25 LPA

16 LPA

27 LPA

Average CTC

11.5-12.5 LPA

9-10 LPA

10 LPA

Recruiting Companies

Nestle, Capgemini, Godrej, Citi, etc.

HUL, Asian paints, Godrej, EY, etc.

Jaro Education, Calvin Klein, ICICI Bank, Outlook, etc.

In the case of Holy Trinity and some other top colleges, this is not the same. These institutes offer substantially high-salary jobs, which is the actual competition.

Therefore, it is definitely worth studying in these tier-3 institutes, provided the candidate is serious about his profile, career, and preparation.

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