[email protected] Somaiya (SIMSR)

Placements 2007 The growth story at KJ Somaiya just got bigger!!! In its 25 th year, the management institute has embarked on a new series of endeavors to cross the last mile and launch itself into the galaxy of great b-schools…

Placements 2007


The growth story at KJ Somaiya just got bigger!!! In its 25
th year, the
management institute has embarked on a new series of endeavors to cross
the last mile and launch itself into the galaxy of great b-schools, an example
of which is the enhanced focus on the infrastructure.

As a reward, rising recruiter confidence stands testimony to the rise of brand
Somaiya not only in India but also across the world, a taste of which could be
had from the placement statistics of the Class of 2007. From quantity to
quality, from packages to profile, the placement extravaganza has it all!!! So
let the fireworks begin!!!

To start with, two companies namely Lafarge USA and ICICI Bank offered
three foreign placements offers at KJ Somaiya. The average domestic salary
vaulted to 6.73 lacs p.a., showing an impressive 21% leap from 5.57 in
2006.The highest domestic salary was 12 lacs and about 33% students got
above 7 lac p.a. The median was also a close 6.5 lacs p.a., a notable rise
from 2006s 5.4 lac p.a.. This, not withstanding the whopping 282
management grads (more than double the figure of any b-school in India)
Somaiya places every year for its two management courses- PGDBA and
MMS.

The KJ Somaiya band wagon extended across a variety of sectors with IT,
Consulting and Banking & Financial Services scooping the maximum number
of students and others being FMCG, CD, Manufacturing, Pharma etc

As many as 33 companies, all industry bigwigs visiting campus for the first
time give reaffirmation of the increasing corporate confidence in the institute
and its students. A few of the first timers on campus were- UBS (Union Bank
of Switzerland made 4 offers for investment banking), Morgan Stanley (1
offer for investment banking), Deloitte Consulting (1 offer for business
consulting), Lafarge USA (1 offer for USA), IBM (13 offers for business
consulting), Covansys (10 offers for consulting), HSBC (4 offers), Marico (1
offer), Cap Gemini (1 offer), Adventity (3 offers), IOCL (5 offers), Amrop
Hever (4 offers), MindTree (5 offers), Cognizant (5 offers), Idea (6 offers)
along with other reputed names.

Out of 108 companies registered for placements only 69 were able to get
students which included some of our regular recruiters, which feature
Accenture, e-Clerx, SBI, Bristlecone, JP Morgan Chase, Citifinacial, Fractal,
Mahindra & Mahindra, DHL, Godrej & Boyce, Infosys, TCS, Wipro, Satyam
and Patni Computer Systems among others.

A phenomenal 172 students got placed on Day Zero which speaks volumes
on Somaiyas industry acceptance as this figure is about 45% more than the
TOTAL batch strength of most B-Schools. The entire batch got placed by Day
One and the number of PPOs too soared by about 25%.

Another breakthrough achieved was the Lateral Placement Week, organized
for the first time on campus, keeping in view that 55% of the graduating
batch had prior work experience. The resounding success of the process
confirmed that companies trusted SIMSRites with middle management and
not just entry level jobs. Accenture, CapGemini, Deloitte Consulting, Marico,
IBM, Cognizant, Covansys and Patni Computer Systems were among the 25
companies which visited campus for 61 eligible candidates and 58 offers were
finally accepted, a process which hardly took 6hrs. Moreover, the current
batch features 65% of students with prior work experience, which should
ensure the continuation of the lateral placement trend.

In line with the trend witnessed was the huge improvement on the front of
profiles offered, some of which were under the prestigious Investment
Banking, Treasury, Equity Research, Product Management, Brand
Mamangement fields and included responsibilities like Sr. Consultant, Sr.
Business Analyst, Brand Manager, Product Manager etc

A toast to the colleges success- many companies were very vocal in their
praise for KJ Somaiya. A glimpse:

- Lafarge offered one foreign placement

- ICICI Bank offered two foreign placements

- DHL picked 25% of the management trainees from KJ Somaiya out
of total MTs recruited from top B Schools

- Satyam revised its package and profiles and offered the highest
package offered at any B School and took as many as 23
candidates

- Mindtree Consulting and Deloitte were impressed by the
streamlined and well organized placement process

- HSBC and Ingram Micro among others were especially happy with
the quality of students

- IBM Business Consulting made 13 offers on its very first visit and
expressed desire to continue the relationship.

- Wipro indicated a desire to come for larger recruitment plans next
year

The other large recruiters were ICICI Prudential & ICICI Bank which again
lapped up 16 and 23 students respectively.

Summer Placements 2007

The enthusiasm shown by organizations in the summer placements for the
coming batch of 2006-08 has reconfirmed the trend of great placements to
be continued in the coming time.

The highest stipend offered for the batch of 280 students in summer
placements is 50,000 and an average stipend of Rs. 16,000. Some of the
organizations participated in organizations are J P Morgan Chase, eClerx,
Marsh India, Citigroup, ICICI Bank, DHL, Godrej, Patni Computer Systems,
Radio Mirchi, Nicholas Piramal, Covansys, CSC, Bank of India, Wockhardt,
Reserve Bank of India, IOCL, JWT, Wipro e Peripherals, Suzlon, Transworld
Group along with other reputed organizations.

Congrats KJS

Can you please shed light on few facts:
1. whopping 282
management grads (more than double the figure of any b-school in India)


IIMC has 300 students and IIML has 280 students..

2. A phenomenal 172 students got placed on Day Zero which speaks volumes
on Somaiya's industry acceptance as this figure is about 45% more than the
TOTAL batch strength of most B-Schools.


Can you please define what is day zero exactly at KJS? Because at most of the colleges, it is foreign IBs and top consults.

AM I missing something in the above 2 facts?

Congrats KJS

Can you please shed light on few facts:
1. whopping 282
management grads (more than double the figure of any b-school in India)
IIMC has 300 students and IIML has 280 students..
2. A phenomenal 172 students got placed on Day Zero which speaks volumes
on Somaiyas industry acceptance as this figure is about 45% more than the
TOTAL batch strength of most B-Schools.

Can you please define what is day zero exactly at KJS? Because at most of the colleges, it is foreign IBs and top consults.
AM I missing something in the above 2 facts?


Vey rightly pointed out by you dear, it should be whopping 282 management grads (more than double the figure of most of the b-school in India)

At KJ Somaiya, day zero includes three slots where in first slot is given to the organizations offering foreign placements and good employers (based on the ranking done by the students. In the same way 2nd and 3rd slot organizations are fixed. So in all 35 to 40 organize visit the institute on the single day but in different slots offered to them.

Thanks for the feedback

Regards

Sunil Choudhary

Hi


I Scored 94.87%ile in CAT 2008

Can u plz shed some light on the SIMSR PGDM-IB (International Business) ?

Howz the course ,considering all the factors with focus on Placements.
Also mention the avg., min., max salary offered for the PGDM-IB batch

Hi

Please tell how is KJ Somaiya?How r the studies & faculty and the campus overall.Please tell hw r the placements record there?Which all co's visit there..what kind of profile do ppl get??I have heard tht Profile isnt good for ppl recruited by co's.is it so??Please tell as i have gt a call..i am a Engineering graduate wth 2+ yrs of work Experience..Please reply asap..

Thanks,
Ankur Gupta

 Heyy, can you guys please tell me about the course structure and the placement scenario of  PGDM(RM) / PGDM(FS) / PGDM(COMM) programmes in SIMSR. It's urgent.  

Looking for a PG near KJ simsr. Can anyone help?