K J Somaiya Institute of Management
K J Somaiya Institute of Management

K J Somaiya Institute of Management Placement 2024: Highest Package, Average Package, Batch Profile

Mumbai, Maharashtra

The 2023 placement season at the KJ Somaiya Institute of Management has commenced on a positive note. As of now, an impressive 98% of the batch has already secured placement offers. Notably, the highest salary offered to a student reached INR 22.50 lakhs per annum, underlining the strong employment prospects for graduates.

Moreover, there has been a notable increase in the average salary from INR 10.98 lakhs per annum in 2022 to INR 12.28 lakhs per annum in 2023, reflecting the institute's commitment to enhancing career opportunities for its students. This upward trajectory is certainly encouraging for aspiring professionals.

The placement drive witnessed active participation from 171 recruiters, including the addition of 40 new recruiters, which is indicative of the institute's growing network of industry partnerships. Prominent organizations such as ITC Limited, Airtel, Amazon, Bisleri, EY, and Mercedes Benz were among the esteemed recruiters who engaged with KJ Somaiya students during the placement process.

In addition to full-time placements, KJ Somaiya also initiated the summer internship placement drive for the 2022-24 batch. Remarkably, 93% of the batch has already secured internship offers, further underscoring the institute's commitment to fostering practical learning experiences. The highest stipend offered for these internships reached an impressive INR 1.08 lakhs per month, while the average stipend stood at a commendable INR 35,506 per month. These figures reflect the strong industry ties and opportunities available to students at KJ Somaiya Institute of Management.

KJ Somaiya Placement 2023: Highlights

Particulars

Placement Data 2023

Batch Size

614

Total Number of recruiters

171

Total Number of new recruiters

40

Placement Percentage

98%

Highest Package

INR 22.50 LPA

Average Package

INR 12.28 LPA

Median Package

INR 12.47 LPA

Average Package of Top 100

INR 15.66 LPA

Average Package of Top 200

INR 14.37 LPA

Average Package of Top 300

INR INR 13.79 LPA

Top sectors

Banking, IT & Financial Services

Top recruiters

EY, Hindustan Unilever Limited, Zomato, SBI, ITC Limited, Airtel

KJ Somaiya Placement 2023: Summer Internship Report

Particulars

Summer Internship Statistics 2024

Total Strength

696

Percentage of Internship Offers

93%

Number of Companies Participated

75

New Recruiters

17

Highest Stipend

INR 1.08 Lakhs per month 

Average Stipend

INR 35,506 per month

Frequently Asked Questions (FAQs)

What was the highest package offered during KJ Somaiya Placement 2023?

The highest salary offered during KJ Somaiya Placement 2023 was INR 22.50 lakhs per annum.

What was the average package offered during KJ Somaiya Placement 2023?

The average salary offered during KJ Somaiya Placement 2023 was INR 12.28 lakhs per annum.

What was the median package offered during KJ Somaiya Placement 2023?

The median salary offered during KJ Somaiya Placement 2023 was INR 12.47 lakhs per annum.

What was the average package of the top 100 students during KJ Somaiya Placement 2023?

The average salary of the top 100 students during KJ Somaiya Placement 2023 was INR 15.66 lakhs per annum.

Who were the top recruiters during KJ Somaiya Placement 2023?

Some of the top recruiters during KJ Somaiya Placement 2023 included ITC Limited, Airtel, Amazon, Bisleri, EY, and Mercedes Benz.

How many recruiters participated in KJ Somaiya Placement 2023?

A total of 171 recruiters participated in KJ Somaiya Placement 2023.

How many new recruiters participated in KJ Somaiya Placement 2023?

A total of 40 new recruiters participated in KJ Somaiya Placement 2023.

What was the placement percentage for KJSIM Placement in 2023?

The placement percentage for KJSIM Placement in 2023 was 98%.

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