K J Somaiya Institute of Management MBA Placement 2022: Highest salary at Rs 26.50 lakh

NEW DELHI: Of a total of 549 MBA students, 99 percent have been placed in K J Somaiya Institute of Management placement 2022. The highest salary package received by students is Rs 26.50 lakh per annum while average salary is Rs 10.98 LPA.

This year, the median salary bagged by students is Rs 10.25 LPA. The average salary of the top 100 offers is Rs 15.82 LPA, average salary of top 200 offers is Rs 13.55 LPA and that of top 300 offers is Rs 12.54 LPA.

A total of 201 recruiters participated in the placement drive including 45 new recruiters. Among the top offers made by recruiters, the students have received job offers from industrial sectors like banking and insurance sector, IT and ITES, financial services, consulting and FMCG. The highest offers were made by sectors like banking, IT and financial services.

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Moreover, 100% students were placed in the institute's summer internships drive which was conducted for a total of 617 students. The highest stipend received by students is Rs 90,000 per month while the average stipend remained at Rs 19,588 per month. Around 188 companies participated in summer internship drive including 40 new recruiters.

“The post COVID economy has opened up several opportunities for the young managers and K J Somaiya Institute of Management and its management students have been at the forefront in converting these into jobs. The Institute has been providing the right inputs for the students on professional and personal grooming and this has created a feel good factor thereby providing the students the exposure and confidence to meet the requirements of discerning recruiters,” said institute in a statement.

Disclaimer: This content was distributed by K J Somaiya Institute of Management and has been published as part of Careers360’s marketing initiative.