How good is KJ Somaiya for finance in comparison with TAPMI? What is the placement record of both the colleges in finance?
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1 Answer
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We do not calculate details of placement for individual streams. The average package this year was Rs 9.4 lacs across all branches, including finance. We had quite a few banks and other financial institutions hiring for finance this year. As far as Tapmi goes, it is certainly good for finance, but I would put it in the same league as Somaiya. However, Somaiya definitely has a location advantage, being in the heart of the financial capital of India.
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The institute has a well-equipped library for the use of the students. It has a general home-lending section and a reference section. All the students can use the library facility following the general guidelines, rules, and timing. From Monday to Friday, the library's timing is 8:00 AM to 10:00 PM, and on Saturday, the timing is 10:00 AM to 02:00 PM.
The hostel fees are required to be paid annually for both girls' and boys' students. While some amount for first year hostel admission is refundable like the mess deposit, others are not, such as, the registration fee. According to the official website, the total hostel fee for the academic year 2025-26 is INR 3.63 lakh for both Maitreyi and Sandipani hostels. A detailed breakup of the hostel fees is given in the table below:
For First Year Admission | Amount in INR | Refundable/ Non-Refundable |
---|---|---|
Registration fee | 1,500 | Non-refundable |
Hostel deposit | 25,000 | Refundable (at the end of the programme) |
Mess deposit | 5,000 | Refundable (at the end of the programme) |
Total deposit | 30,000 | Non-refundable |
Triple sharing charges for 12 months | 2,41,572 | |
Total hostel fee for triple sharing | 3,62, 380 | Non-refundable |

To get admission into the Executive MBA program at K J Somaiya Institute of Management, candidates typically need a CAT percentile of at least 84, XAT 71, CMAT 98, NMAT around 225, or a GMAT score of 500 or above. Selection is based on entrance exam scores followed by group discussion and personal interview rounds.
Yes, 100% placement was secured by MCA students in 2023. In addition, 100% students received internships offers during Internships 2021-23.
The key highlights of KJ Somaiya Institute of Management MCA summer placements are presented below:
Particulars | MCA Internship Statistics (2021-2023 Batch) |
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the highest package | INR 55,000 |
Average package | INR 23,989 |
Placement rate | 100% |
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