K J Somaiya Institute of Management Posts Strong MBA Placements, Peaks at INR 29.30 LPA and INR 3 lakhs as an internship stipend
Mumbai : K J Somaiya Institute of Management (KJSIM) has concluded placements for its MBA Class of 2024-26. The batch recorded a peak domestic salary of Rs. 29.30 LPA. The top 10% of students bagged an average of Rs. 19.94 LPA, the top 20% an average of Rs. 17.85 LPA, and the top 30% an average of Rs. 16.86 LPA.
Of the 603 participating students, 586 received offers, for an overall placement rate of 97%. The flagship MBA Core programme placed 545 of 555 students, achieving a 98% placement rate.
Recruiters old and new
The depth of corporate relationships was as notable as the numbers. Of the 230 companies that hired this year, nearly half were returning partners who have recruited from KJSIM across multiple market cycles. This sustained performance reflects the Institute’s strong academic foundations, active alumni engagement, and a curriculum that remains closely aligned with evolving industry expectations, enabling graduates to succeed in a dynamic business environment.
New entrants reinforced the picture. Unilever visited campus for the first time, recruiting specifically for a sales leadership role, a signal of the seniority at which KJSIM graduates are increasingly being considered. Goldman Sachs and Bank of America converted internships into Pre-Placement Offers, underlining the value of the institute’s year-round industry interface over one-time recruitment visits.
Sectoral trends
Hiring spanned banking, financial services, insurance, technology, consulting, manufacturing, and consumer goods. Within the BFSI space, firms expanded their mandates beyond traditional roles to include specialised product management positions. Manufacturing companies showed notably stronger recruitment interest than in previous seasons, reflecting growing demand for graduates with operational and analytical depth.
Top domestic recruiters included AB InBev, Airtel, Bank of America, Decathlon, Deloitte, Deutsche Bank, Goldman Sachs, Godrej, Hitachi, ICICI Group, Infosys, JP Morgan, Kia, Lodha, Marsh and VIP Industries. Global firms Gaia and Landmark Group also participated in the final placement season.
Day One Ready, by design
What separates KJSIM’s placement record from raw recruitment numbers is what happens in the two years before a student walks into their first role. The institute’s Day One Ready framework is built on the premise that recruiters should not have to onboard a KJSIM graduate from scratch. By the time students enter the placement process, they have already navigated live industry projects, structured internships, cross-functional simulations, and sustained engagement with alumni working across sectors.
The results bear that out in recruiter behaviour. Companies return year after year, expand their role mandates, and extend Pre-Placement Offers only when they are confident that graduates can contribute without a lengthy ramp-up. Nearly half of this year’s 230 recruiters were returning partners, and that pattern of return is the most direct measure of that confidence.
KJSIM’s Mumbai location amplifies this. Students have direct, ongoing access to organisations across banking, manufacturing, consumer goods, and professional services throughout the academic year, not just when recruitment windows open. That proximity is structural, and the institute uses it deliberately.
That access is reflected in internship outcomes as well. This year, 126 companies participated in the internship cycle, with the highest stipend reaching Rs. 3,00,000. Companies, including Fortis Healthcare and Vodafone Intelligent Services engaged students during this phase.
Dr. Raman Ramachandran, Director & Dean, K J Somaiya Institute of Management, said, “These results reflect the kind of preparation that cannot be compressed into a few months of placement coaching. Our Day One Ready approach means that by the time our students sit across from a recruiter, they have already handled real business problems, worked with live organisations, and built the professional instincts that most graduates develop only after joining. When Unilever comes to campus for the first time for a leadership role, or when Goldman Sachs and Bank of America extend Pre-Placement Offers, it tells us that companies are not just filling seats but looking for people who can contribute from the very first day. That is exactly what we spend two years building.”
Dr. Anjali Chopra, Chairperson, Professional Development and Placements, K J Somaiya Institute of Management, said, “Placement outcomes are shaped long before the recruitment season opens. Across the academic year, we work with students on domain-specific preparation, CV development, mock interviews, and industry immersion. The goal is simple: every student should walk into a recruiter conversation knowing exactly who they are and what they bring. What we saw this season was students who could articulate that with confidence. When recruiters expand the scope and seniority of roles they bring to us, it tells us the preparation is working exactly as it should.”
Established over four decades ago, KJSIM ranks among India’s top 25 business schools and top 10 B-schools in India. For more information, visit kjsim.somaiya.edu.
