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Do colleges in Mumbai such asSPIT, KJ Somaiya and DJ Sanghavi have management quota?
All the 3 colleges you mentioned admit students through the central admission process (CAP) rounds which are undertaken by the Directorate of Technical Education, Maharashtra (DTE).
The admission process through cap rounds is always based on merit. If there are seats vacant after the 3 cap rounds, then colleges may admit the students through the management quota.
Management quota is not applicable before the end of round 3.
The major drawback is that by the end of round 3, mostly all the seats of the reputed branches are taken. So I won’t recommend you wait till the end of 3rd round unless you are planning to pursue chemical or production engineering.
Should freshers take a 15 lakh bank loan, and study for a MBA in TAPMI or KJ SOMAIYA?
I will answer your question by estimating the salary you will earn after completing MBA and comparing it with the loan you have to pay.
Loan Amount - 15 Lakhs.
Interest rate - 12%
Repayment period - 5 years
EMI - 33,367
Total Interest Paid in 5 years - 502000
Tax Saved in 5 years (considering 20% tax slab) - 100400
Net amount to be paid in 5 years - 1500000+502000–100400 = 19,01,600
Average package in TAPMI - 10.06 LPA
Monthly salary in hand - Approx 65 to 70K
From the above calculation we can infer that you will have 30000-40000 salary in hand every month which is more than enough for you to settle in any state or city in India. So taking loans for an MBA is very beneficial as it will pay you back in the long run.
Is there a hostel facility in KJ Somaiya for engineering students?
Yes, there is a hostel facility in KJ Somaiya but not specifically for Engineering students. It’s a shared residence for engineering, commerce, and arts stream students. There are two hostels on the campus of KJ Somaiya:
- Polytechnic hostel
- SIMSR Hostel
Polytechnic hostel
Pros:
The crowd here is more than that of the Management hostel. This is because
- Cheaper than Management hostel
- Better food than Management hostel
- Located in the vicinity of engineering college
Cons:
- Mixed crowd
- Common washrooms
- Condition of rooms not as good as management hostel
- Has bunk beds
SIMSR Hostel
Pros:
- The crowd here is good so you grow as a better person
- They give preference to management and engineering students both.
- NRI students get the most priority here
- Very comfortable rooms and better facilities
- Some engineering faculty also stay here so they can be consulted during any emergencies
Cons
- Hostel fees are extremely high almost thrice as the polytechnic hostel
- Food is not as good as polytechnic hostel
- Chances of getting into this hostel are rare
How should I prepare for K J Somaiya’s CAPI round at home?
For MBA aspirants, preparing and scoring well in the various competitive exams is of utmost
importance. While securing a competitive score is essential for admission to K J Somaiya Institute of Management, it is equally essential for the candidates to focus on other aspects of the admission process. In addition to shortlisting candidates based on their exam scores, the institute also requires
the candidates to surpass the Case Analysis- Personal Interview round.
- Case Analysis: In the case analysis round of the admission process, the shortlisted candidates are presented with a case to analyse. The case could be from any field of knowledge, be it finance, economics, or even current affairs. The round tests the candidate's knowledge bank, presentation, and communication skills.
- Personal Interview: In the personal interview round of the admission process, the shortlisted candidates face a one-on-one interview with an expert panel. The panel consists of experts from different fields of knowledge who test the candidates on different parameters like general awareness, subject knowledge, personality traits, communication skills, etc.
Candidates aiming to secure admission to K J Somaiya Institute of Management must focus
on building their general awareness and subject knowledge. They must also focus on improving their communication and presentation skills as it will help to project and apply their skills better.
What are the various parameters/qualifications an aspirant should look out for while applying to K J Somaiya Institute of Management?
An MBA from K J Somaiya Institute of Management will help you give your resume the boost you never thought it needed. Pursuing your MBA from K J Somaiya Institute of Management opens your doors to many opportunities. These opportunities include summer internship prospects, a supply of high-profile live projects to help you gain experience and accomplishments while pursuing your MBA, and holding national-level conferences on campus.
Getting into the MBA course at K J Somaiya Institute of Management is based on a sum of specific criteria the college decides on before applying. K J Somaiya Institute of Management assigns the following weights to their pre-decided selection criteria:
| Particulars | Weightage |
| Qualifying Exam | 35% |
| Case Analysis | 20% |
| Past Academic Records | 15% |
| Work Experience | 12% |
| Achievements | 8% |
The shortlist for Case Analysis and Personal Interviews is declared based on whether you meet the desired cut-offs for the qualifying exams. The entrance exams that K J Somaiya Institute of Management accepts are CAT, XAT, CMAT, NMAT, and GMAT. The cut-offs for these exams in the year 2021 were as follows:
| Entrance Exams | Cut off 2021 |
| CAT | 83 |
| XAT | 70 |
| CMAT | 285 |
| NMAT | 222 |
| GMAT | 500 |
Please Note: The cut-offs depend on the pool of candidates that apply each year and may vary every year.
Getting into K J Somaiya Institute of Management depends on your ability to crack the qualifying tests and your confidence to ace the case analysis and personal interview rounds.
Who are some of the famous alumni of K J Somaiya Institute of Management?
Here are a few famous Kjsim Mumbai alumni.
- Lloyd Mathias (1986-88) - Head - Marketing, Consumer PC’s, Asia-Pacific & Japan at HP Inc
- Loveena Khatwani (1993-95) - Chief Client Experience Officer & SVP, Corporate Strategy at Edelweiss Capital
- Mehul Kapadia (1996-98) - Vice President - Global Marketing, MD - F1 Business at Tata Communications
- Sanjay Shah (1990-92) - Managing Director at Morgan Stanley
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