Having known some students of both these colleges, I can say that both the colleges are really good in terms of infrastructure, culture, and faculties. There are of course some differences too and for that let me share with you a few details.
Categories | MMS at SIMSREE | MMS at K J Somaiya |
Course Fee | 1.36 lakh | 3.24 lakh |
Highest CTC | 20 LPA | - |
Average CTC | 12 LPA | 8-9 LPA |
Recruiting Companies | American Express, Barclays, ITC, KPMG, etc. | Amazon, HUL, Deutsche Bank, Wipro, etc. |
It must be noted that PGDBM is not offered at SIMSREE rather the institute also offers MMS in affiliation with Mumbai University.
Also, while choosing between MMS at Sydenham and K J Somaiya, it is suggested that you talk to alumni of both colleges, which would definitely give you a clear idea.
Having to know some people studying at both Simsree and K J Somaiya and here are some things that you should know. They both are equally good.
Irrespective of where you go, your responsibility is to get better, participate in competitions, do certifications, and improve yourself holistically. The institute cannot impose anything if you have no intention of doing it.
SIMSREE is ranked differently on various websites. You do not have to follow these rankings. Both institutions are equally good.
One of my friends is studying at SIMSREE and said its MMS program is better than Somaiya. For PG, Somaiya is better because of its diversity.
Therefore, college rankings are not always correct. SIMSREE is still better than most of the Management institutes that provide quality education to students.
Here's a closer look at each of these institutions:
Among the four B-schools mentioned, JBIMS has the strongest placement record, followed by XIMB, then MICA, and finally SIMSREE.
Both Sydenham and KJ Somaiya are equally good in terms of quality of education and placements.
These institutes will offer you similar opportunities, for a management degree.
XIMB is a better brand among these colleges. It also offers a better average CTC to the students. As per the 2021 placement report, XIMB average package is INR 15.51 LPA.
IMT Ghaziabad is also a reputed B-School and ranks among the top 15 in the country. The average CTC for IMT G is INR 12.4 LPA. If you are interested in a marketing specialization, IMT can be a great option. One of the disadvantages of IMT is its huge batch size of almost around 700.
Sydenham offers a good ROI. As you can complete an MBA within 5 lakhs and the average CTC offered to students is around INR 10 LPA. But it’s difficult to get Sydenham, as the number of seats is limited for students without a Maharashtra domicile.
Between XIMB and IMT, you can choose the former due to the lower batch strength and better average CTC.
JBIMS and SIMSREE are two excellent institutes, which are coming under Mumbai University. Both of the institutes offer management courses with great placement and infrastructure.
The points below give the key points of difference between the two institutes, stating the type of MBA degrees they offer.
These are the main highlights regarding the courses offered by JBIMS and SIMSREE, along with their modes of admission.
Here are the cutoff details for KJ, Welingkar, and Sydenham.
Institute | CMAT cutoff | CAT cutoff |
KJ Somaiya | 98 percentile | 83-85 percentile |
Welingkar | 85 percentile | 80 percentile |
Sydenham | 100 percentile | 80 percentile |
Other than entrance examination scores, these institutes also consider the profile of the candidates. If you are a fresher, try to score 93-95 percentile in CAT to get a call.
SIMSREE is the best option among these B-Schools. It offers excellent ROI. SIMSREE fees are approximately around INR 69k for MBA. While the median CTC offered to the students is INR 10.5 LPA. Situated in Mumbai, it also enjoys a locational advantage. As it's easier to get placements opportunities and internships.
IMT Ghaziabad and KJSIMR are the next best choices. IMT G has a better placement record. As per the 2022 placement highlights, IMT Ghaziabad average package s around INR 15.57 LPA.
It is recommended that you keep SIMSREE and GIM at the top of your list of colleges to consider. Both of these colleges have a strong reputation and are well known for providing quality education in the field of management.
While IBS Hyderabad may also be worth considering, it is important to keep in mind that each college has its own strengths and weaknesses. It may be more suitable for some students based on their individual needs and goals, while it may not be the best fit for others.
On the other hand, SIBM Bangalore should not be included in your list of colleges to compare. There may be various reasons why this college is not as highly ranked as the other colleges mentioned, and it may not provide the same level of education and resources as the other colleges.
In conclusion, it is important to carefully consider all factors and make an informed decision based on your individual needs and goals. Take the time to research each college and weigh the pros and cons to determine the best fit for you.