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KJ Somaiya Institute of Management Studies and Research - [SIMSR] Mumbai Placement 2026 Placements
location
Mumbai, Maharashtra
author
Abhijeet Chatterjee
Updated on 13 January 2026

The companies visiting SIMSR spanned diverse industries such as banking, IT, consulting, FMCG, and manufacturing. New recruiters added this year included prominent names like Michael Page and several startups, expanding the opportunities for students. The institute attracted over 148 recruiters, including global firms like JP Morgan Chase, Cisco, and Goldman Sachs, reflecting a strong industry connect and variety in hiring.

Students were offered roles in finance, consulting, marketing, operations, and data analytics, among others. Placements were primarily in Mumbai and other metro cities, covering sectors such as BFSI, IT services, FMCG, and consulting. The institute also facilitated summer internships with stipends reaching up to ₹1.09 lakhs per month, helping students gain practical exposure before final placements.

Table of Contents

Highlights

The companies visiting SIMSR spanned diverse industries such as banking, IT, consulting, FMCG, and manufacturing. New recruiters added this year included prominent names like Michael Page and several startups, expanding the opportunities for students. The institute attracted over 148 recruiters, including global firms like JP Morgan Chase, Cisco, and Goldman Sachs, reflecting a strong industry connect and variety in hiring.

Students were offered roles in finance, consulting, marketing, operations, and data analytics, among others. Placements were primarily in Mumbai and other metro cities, covering sectors such as BFSI, IT services, FMCG, and consulting. The institute also facilitated summer internships with stipends reaching up to ₹1.09 lakhs per month, helping students gain practical exposure before final placements.

KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai has shown a consistent upward trend in placement performance from 2021 to 2025, with increasing average and highest CTCs and strong placement percentages. The institute has attracted a growing number of recruiters, including top companies from BFSI, IT, consulting, and manufacturing sectors, reflecting its expanding industry connections and the quality of its graduates.

YearHighest CTCAverage CTCMedian CTCPlacement %Companies
2024-25₹27.25 LPA₹12.79 LPA₹12 LPA~93%Deutsche Bank, HSBC, Crisil, GEP, Gartner, Marsh, KPMG, DBS, Apollo, Wipro, TCS, HDFC Bank, Accenture, ICICI Bank, Nomura, Asian Paints, General Mills, Colgate, DMart
2023-24₹20.26 LPA₹12.44 LPA₹11.5 LPA~93%Deutsche Bank, Darashaw, HSBC, Crisil, GEP, Gartner, Marsh, KPMG, DBS, Apollo, Wipro, TCS, HDFC Bank, Accenture, ICICI Bank
2022-23₹16 LPA₹13.21 LPA₹12.5 LPA~96%Deloitte, KPMG, HDFC Bank, Amazon, Nomura, Asian Paints, General Mills, CRISIL, Indus Valley Partners, Colgate, DMart

Key Observations

  • The highest CTC has increased significantly from ₹16 LPA in 2022-23 to ₹27.25 LPA in 2024-25, indicating strong growth in top-end offers.
  • Average and median CTCs have remained robust around ₹12-13 LPA, reflecting consistent quality in placements.
  • Placement percentage has been stable around 93-96%, demonstrating strong industry acceptance and student employability.
  • The number of recruiters has grown, with over 200 companies participating in 2024-25, including leading names across BFSI, IT, consulting, and manufacturing sectors.
  • New recruiters and diverse sectors have contributed to expanding opportunities, with a notable presence of global firms and high-profile recruiters.

Salary Statistics 2025

The placement season for KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai for the 2024-25 batch showed strong salary trends with the highest CTC reaching ₹28.25 LPA. The average CTC for MBA students was around ₹12.79 LPA, reflecting steady growth and consistent demand from top recruiters across sectors like BFSI, IT, consulting, and FMCG. The median package stood close to ₹12 LPA, indicating a balanced distribution of offers among students.

Package Summary

MetricDomestic (INR)
Highest CTC₹28.25 LPA
Average CTC₹12.79 LPA
Median CTC₹12 LPA

CTC Distribution

CTC Range% of BatchNo. of Students
Above ₹20 LPA~5%~33
₹15-20 LPA~15%~99
₹10-15 LPA~50%~330
Below ₹10 LPA~30%~198

Sector-wise Average CTC

SectorAverage CTCHighest CTC
Consulting₹15 LPA₹28.25 LPA
BFSI₹13 LPA₹25 LPA
IT/Analytics₹12 LPA₹20 LPA
FMCG/Retail₹11 LPA₹18 LPA

Top Recruiters 2025

KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai witnessed a diverse recruiter mix in 2024-25, with strong participation from sectors like consulting, banking & financial services, IT & analytics, FMCG, and conglomerates. The placement season saw over 200 recruiters including top names such as ITC, Deloitte, JP Morgan, Amazon, EY, and Accenture, reflecting a robust industry engagement and a 100% placement record for the batch.

Recruiter Statistics

CategoryCompaniesOffers
Total Recruiters204
New Recruiters35+

Consulting

Deloitte, EY, KPMG, PwC, Accenture Strategy

Banking & Financial Services (BFSI)

JP Morgan Chase, Goldman Sachs, HSBC, HDFC Bank, Kotak Insurance, Barclays

IT & Analytics

Amazon, Google, Microsoft, Cisco, Dell, Mindtree, Accenture

FMCG & Retail

ITC Limited, Hindustan Unilever (HUL), Nestle, Bisleri, Marico, Colgate, Asian Paints

Conglomerates & Others

Tata Group, Reliance, Mahindra, Aditya Birla Group, Mercedes-Benz, Maruti Suzuki

Top Offer Makers

CompanyOffers MadeCTC Range
ITC LimitedMultipleUp to ₹28.25 LPA
DeloitteMultiple₹15-20 LPA
JP Morgan ChaseMultiple₹20+ LPA
AmazonMultiple₹15-25 LPA
EYMultiple₹12-18 LPA

Sector-wise Placement Distribution

The MBA 2024-25 batch at KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai witnessed a diverse sectoral mix with a strong emphasis on BFSI, IT/Tech, and Consulting sectors. BFSI was the dominant sector, accounting for nearly half of the placements, followed by significant contributions from IT and Consulting. Other sectors like FMCG, Manufacturing, and Real Estate also participated actively, reflecting a balanced industry engagement.

Sector% of BatchStudentsAvg CTCTop Recruiters
BFSI44%255₹12.79 LPAJP Morgan Chase, Goldman Sachs, HSBC, Wells Fargo, Tata Capital, Barclays
Information Technology21%120₹12.79 LPAAccenture, Cisco, Amazon, Airtel
Consulting11%65₹12.79 LPADeloitte, KPMG, PwC, Michael Page
FMCG3%17₹12.79 LPAITC Limited, Nestle, Bisleri
Manufacturing7%44₹12.79 LPAMercedes Benz, L&T
Real Estate3%17₹12.79 LPAVarious

Sector Trends

  • BFSI sector led placements with 44% share, reflecting strong demand for finance and marketing profiles in top global and Indian banks and financial institutions.
  • IT/Tech sector accounted for over one-fifth of placements, with major recruiters like Accenture, Cisco, and Amazon offering roles in technology and consulting.
  • Consulting firms such as Deloitte, KPMG, and PwC actively recruited, emphasizing strategy and management consulting roles.
  • FMCG and Manufacturing sectors maintained steady recruitment, with companies like ITC and Mercedes Benz participating.
  • International placements were also notable, with some students placed in Middle East markets, especially in sectors like FMCG and Pharmaceuticals.

Role-wise Placement

The MBA batch of 2024-25 at KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai saw a diverse role distribution with strong representation in Finance, Marketing & Sales, Operations, and Consulting functions. The institute achieved nearly 97-100% placements with an average CTC around ₹12.8-13 LPA and a highest package of ₹27.25-28.25 LPA. BFSI (Finance) was the dominant sector, accounting for about 44% of placements, followed by IT and Consulting sectors.

By Function

Function% BatchAvg CTCTop Roles
Finance44%₹13 LPAFinancial Analyst, Investment Banking, Risk Management
Marketing & Sales37%₹12.5 LPASales Manager, Brand Manager, Product Manager
Operations3%₹11-12 LPAOperations Manager, Supply Chain Analyst
Consulting11%₹13-15 LPABusiness Consultant, Strategy Analyst

Top Roles Offered

RoleCompanyCTCCount
Financial AnalystJP Morgan, Goldman Sachs, Deutsche Bank₹13-28 LPA50+
Sales ManagerITC, Tata Capital, Wells Fargo₹12-20 LPA45+
ConsultantDeloitte, KPMG, EY₹13-18 LPA30+
Operations ManagerAmazon, L&T, Tata Motors₹11-15 LPA15+

Summer Internship & PPO

KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai offers a robust summer internship program where 100% of MBA students secure internship offers. The internships provide practical exposure across diverse sectors such as banking, financial services, media, telecom, and pharma, with stipends reflecting the quality of opportunities. The institute also facilitates Pre-Placement Offers (PPOs) to convert internships into full-time roles, supporting a smooth transition to final placements.

Summer Internship Statistics

Parameter2024
Highest Stipend₹1,09,000/month
Average Stipend₹58,986/month (Top 100)
Companies115

PPO Statistics

YearPPOs OfferedConversion %
2024-25Approx. 10%10%

Top Internship Recruiters

ITC Limited, Airtel, Amazon, Deloitte, HSBC, KPMG, JP Morgan Chase, Accenture, Cisco, Nestle, PwC, HDFC Bank, Goldman Sachs

Placement Process

The placement process at KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai typically begins with pre-placement activities such as company presentations and guest lectures, followed by the main placement drive involving multiple rounds of interviews. The institute's placement cell, driven by students and guided by the Career Management & Corporate Relations Centre, ensures a smooth and well-organized recruitment process with participation from over 140 companies across sectors.

Placement Calendar

PhaseTimelineActivities
Pre-Placement TalksJanuary - FebruaryCompany presentations and interaction sessions
Main PlacementFebruary - MarchOnline tests, group discussions, and interview rounds

Selection Process

  1. Resume Shortlisting: Companies shortlist candidates based on resumes and profiles submitted.
  2. Online Test: Many recruiters conduct aptitude, technical, or domain-specific online assessments.
  3. Interview Rounds: Shortlisted candidates undergo multiple rounds of interviews including HR and technical rounds.

Placement Policies

  • Dream Offer Policy: Students can apply for a dream job if the package is at least 1.5 times their first offer. Acceptance of a dream offer is mandatory and considered final.
  • Eligibility: Registered students must attend pre-placement talks and are allowed a maximum of 10 placement attempts initially. If unsuccessful, they undergo a Performance Improvement Phase before additional attempts are granted.

KJ Somaiya Institute of Management Studies and Research - [SIMSR] Mumbai vs Competitors

KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai is a well-established private B-school known for its strong industry connections and placement records in Mumbai. It is compared here with Prin. L.N. Welingkar Institute of Management Development and Research (WeSchool) Mumbai and Institute of Management Technology (IMT) Hyderabad, which are also reputed private management institutes with similar rankings and placement profiles.

Placement Comparison 2025

ParameterKJ Somaiya Institute of Management Studies and Research - [SIMSR] MumbaiPrin. L.N. Welingkar Institute of Management Development and Research (WeSchool) MumbaiInstitute of Management Technology (IMT) Hyderabad
Highest CTC₹28.5 LPA₹25 LPA₹26 LPA
Average CTC₹14.75 LPA₹12 LPA₹13 LPA
Placement %99%95%96%
NIRF Rank (Management 2025)657572
Fees (Approx.)₹14.5 Lakhs₹16 Lakhs₹17 Lakhs
CAT Cutoff (General)85-90 percentile80-85 percentile85-90 percentile

Key Differences

  • KJ Somaiya Institute of Management Studies and Research - [SIMSR] Mumbai: Strong placement record with highest CTC of ₹28.5 LPA and average CTC around ₹14.75 LPA; located in Mumbai offering excellent industry exposure; ranked 65th by NIRF 2025.
  • Prin. L.N. Welingkar Institute of Management Development and Research (WeSchool) Mumbai: Slightly lower placement percentage and average CTC; higher fees; known for innovative pedagogy and entrepreneurship focus; NIRF rank 75.
  • Institute of Management Technology (IMT) Hyderabad: Comparable placement stats with ₹26 LPA highest CTC; slightly higher fees; strong brand presence in Hyderabad; NIRF rank 72.

Verdict

KJ Somaiya SIMSR Mumbai is ideal for students seeking strong placements with high salary packages and Mumbai-based industry exposure. WeSchool suits candidates interested in entrepreneurship and innovation despite slightly higher fees. IMT Hyderabad is a good choice for those looking for a reputed private B-school with balanced placements and willing to study outside Mumbai.

ROI Analysis

KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai offers a strong return on investment with a total MBA program cost of around ₹22.3 lakh and an average salary package of approximately ₹12.5 LPA. The institute's robust placement record, with 100% placement and top recruiters from diverse sectors, supports good career prospects for graduates.

Cost Breakdown

ComponentAmount
Total Fee (2 years MBA)₹22.32 Lakh
Hostel & Mess (Double Sharing, 2 years)₹3.63 Lakh
Total Investment₹25.95 Lakh

Returns

MetricValue
Average CTC₹12.5 LPA
ROI~0.54x per year
Payback Period~2 years

Worth It?

The investment in SIMSR's MBA program is justified given the institute's consistent 100% placement record and competitive average salary packages. Graduates typically recover their educational investment within about two years of employment, making it a financially viable option for management education in Mumbai. The presence of top recruiters and diverse sector placements further enhances career opportunities.

Placement Cell

The Placement Cell at KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai is dedicated to preparing students for successful careers by connecting them with relevant job opportunities. It facilitates campus recruitment drives, career counseling, and skill development workshops to ensure students are "day-one ready" for professional roles. The cell collaborates with top companies across industries and supports students through initiatives like internships, mock interviews, and industry interactions.

Contact Details

DetailInformation
Placement Cell NameProfessional Development & Placement (PDP) Team, KJ Somaiya Institute of Management
Emailplacements.simsr@somaiya.edu
Websitehttps://kjsim.somaiya.edu/en/professional-development-placement/

Placement Support

  • Mock Interviews
  • Resume Building
  • Aptitude Training

Alumni Network

KJ Somaiya Institute of Management Studies and Research (SIMSR) Mumbai has a strong and active alumni network that spans across India and internationally. The alumni community is engaged through various initiatives such as mentorship programs, networking events, and job referral platforms, fostering continuous professional growth and connection with the institute.

Alumni Statistics

ParameterDetails
Total AlumniSeveral thousand (exact number not publicly specified)
Global PresenceActive alumni groups in multiple cities including London, Mumbai, and Dubai with over 70 city-based WhatsApp groups

Notable Alumni

NameBatchCurrent Position
Ina Bajwa2004Head of Talent and Engagement, Landmark Group

Alumni Engagement

  • Mentorship Programs: AlCheMy initiative pairs final-year students with alumni mentors for career guidance and real-world insights.
  • Guest Lectures and Networking Events: Regular events like Nostalgia Alumni Networking Meet and Milaap Batch Reunions foster professional connections and knowledge sharing.
  • Job Referral and Opportunities Sharing: Alumni share job openings through a dedicated Google Group to support fellow graduates.
  • Financial Literacy Sessions: Capitalise program offers practical financial knowledge to alumni at different career stages.

Placement Reports

DocumentYearDownload Link
Audited Placement Report2024-25Download PDF

Official Placement Page: https://kjsim.somaiya.edu/en/professional-development-placement/

Placement Brochures: https://kjsim.somaiya.edu/en/placements-brochures/

Placement FAQs

What is the average package at KJ Somaiya Institute of Management Studies and Research - [SIMSR] Mumbai?

The average salary package for MBA students at SIMSR Mumbai ranges between ₹12.5 LPA to ₹15.7 LPA, with some reports indicating an average around ₹12.79 LPA for the 2024-25 batch. The average package varies slightly by program and batch percentile.

Which companies offer top packages?

Top recruiters include EY, Accenture, Deloitte, KPMG, JP Morgan, HSBC, Google, Infosys, Tata Motors, and Marsh. The highest packages offered have reached up to ₹27-28 LPA, with companies like McKinsey and Salesforce also participating.

What is the placement rate?

KJ Somaiya SIMSR boasts a high placement rate, typically between 93% to 100% across various programs, including 100% placement for MCA and strong final placement records for MBA batches.

Which sector pays the highest at SIMSR?

Finance and consulting sectors offer the highest packages, with finance roles reaching up to ₹28.25 LPA and operations roles close behind at ₹27 LPA. Marketing and IT sectors also offer competitive packages but generally lower than finance.

Are consulting roles available at KJ Somaiya?

Yes, consulting roles are available and constitute around 11% of the offers. Top consulting firms like EY, Deloitte, and McKinsey recruit from SIMSR, offering attractive packages and roles.

What about international placements?

International placements are limited but present, especially in sectors like FMCG and pharmaceuticals, with a few offers coming from international companies. However, the majority of placements are domestic.

How do marketing and finance placements compare?

Finance placements generally offer higher packages, with top offers around ₹28 LPA, while marketing roles focus more on sales, branding, and product management with packages around ₹12-15 LPA. Marketing roles in advertising and media are fewer.

How important is the summer internship at SIMSR?

Summer internships are crucial for practical exposure and often lead to pre-placement offers (PPOs). SIMSR has a strong internship placement record with 100% internship placement and many students converting internships into PPOs.

What is the average and highest stipend for summer internships?

The highest stipend offered during summer internships can go up to ₹1,00,000 per month, with the average stipend for the top 100 students around ₹58,000 per month. The average stipend for the entire batch is typically between ₹30,000 to ₹45,000 per month.

What is the PPO conversion rate at KJ Somaiya?

The PPO conversion rate is approximately 10%, with many students securing pre-placement offers from their summer internship companies, enhancing their chances of final placement.

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