K.J.

SOMAIYA INSTITUTE OF MANAGEMENT STUDIES & RESEARCH ( SIMSR )

VIDYAVIHAR, MUMBAI 400 077

FREQUENTLY ASKED QUESTIONS (FAQs)

Batch 2012-14 PGDM / PGDM (International Business) / PGDM (Retail Management ) / PGDM (Financial Services ) / PGDM (Executive )
1. Who are the promoters of K.J. Somaiya Institute of Management Studies & Research (SIMSR )? Ans. K.J. Somaiya Institute of Management Studies & Research ( SIMSR ) is part of the Somaiya Vidyavihar Trust. The Somaiya Vidyavihar Trust was established by an Entrepreneur, Philanthropist and a
Visionary Padmabhushan Late Shri K J Somaiya in 1959 who firmly believed that modern education must have its roots in strong values. Steeped in rich Indian culture and heritage and rooted in universal religious philosophies of the world, the Somaiya Vidyavihar Trust firmly believes in imparting education that teaches not just how to live but how to make a living. The Somaiya Vidyavihar campus comprises 34 independent institutes dedicated to Liberal Arts, Sciences, Management, Health Care, Humanities, Philosophies and Social Sciences and is spread across a 60 acre complex in Vidyavaihar, in north central area of Mumbai and a 90 acre complex at Sion in the heart of Mumbai. Somaiya Vidyavihar is home to over 27,000 students and 1,700 teaching staff. Majority of the colleges are affiliated to the University of Mumbai. The Trust also conducts autonomous post graduate courses, vocational training courses and has a High School within the campus as well as in rural India.

2. Why should I join SIMSR? Ans. SIMSR is part of the Somaiya Vidyavihar Trust that has completed 52 years in the service of education in September 2011. The Institute has been aggressively strengthening its academic and research rigor and has been ranked 9th in India by Business World in June 2011. The Somaiya Vidyavihar is nestled in a 60 acre campus and is the largest private educational complex in Mumbai.

3. Ans.

What are the latest SIMSR rankings? The latest SIMSR rankings are as follows: Rank 9th 9th in top 10 private B-schools 10th in top 10 Private B schools 14th Super League 2 ( between 9th to 17th Rank ) 16th A category Magazine/Newspaper Business World, June 19, 2011 CNBC-TV18, May 18, 2011 Outlook, Sept 26, 2011 Hindustan Times, 31 Aug, 2011 Business Standard, 12th May, 2011 DNA, Sept 6, 2011 TIME Institute , Aug, 2011

4. Ans.

Are the PGDM programmes approved by AICTE? Yes, all the PGDM programmes are approved by AICTE (All India Council for Technical Education).

5.

What is the total intake for the programmes & duration of the programmes? Ans. Following is the intake for the various PGDM programmes:PGDM -- 120 seats 24 months PGDM (IB) -- 60 seats 24 months PGDM (RM) -- 60 seats 24 months PGDM (FS) 60 seats 24 months PGDM (Exec) 60 seats 15 months

6. Ans.

How can one apply to K.J. Somaiya Institute of Management Studies & Research (SIMSR)? (a ) To apply for admission to SIMSR for the two year full time PGDM / PGDM (IB) / PGDM (RM) / PGDM (FS) /PGDM (Exec) programmes, the candidate is required to appear for the competitive entrance tests as given in the table below :
Course PGDM CAT PGDM ( IB ) CAT PGDM ( RM ) CAT / XAT / MH-CET PGDM ( FS ) CAT / XAT / MH-CET PGDM ( Exec ) CAT / XAT / MH-CET / ATMA / MAT

Qualifying Exam

(b ) Apply to SIMSR on a separate online application form which is available on the SIMSR website http://simsr.somaiya.edu . (c) Students who are NRIs / PIO / Foreigners have also to apply to SIMSR by submitting their scores in any of the qualifying exams mentioned above. GMAT scores are not permitted by AICTE ( ALL India Council for Technical Education ).

7. Ans.

What is the last date of filling up the online application form ? The following are the last dates for filling up the online application form :

Course Qualifying Exam Last Date Category of Form

PGDM CAT

PGDM ( IB ) CAT

PGDM ( RM ) CAT / XAT / MH-CET

PGDM ( FS ) CAT / XAT / MH-CET

PGDM ( Exec ) CAT / XAT / MH-CET / ATMA / MAT

31st Dec 2011 Form A

31st Dec 2011 Form A

15th April 2012

15th April 2012

15th April 2012

Form B

Form B

Form C

8. Can a student apply for PGDM & PGDM ( IB ) course after 31st Dec 2011 ? Ans. NO. Candidates desiring to apply for PGDM & PGDM ( IB ) programmes have to apply before 31st Dec 2011.

9.

Is the application fee for PGDM, PGDM (IB), PGDM (FS), PGDM (RM), PGDM(Exec) programmes same? Ans. NO. For the first form the application fee is Rs 1650/-. For every subsequent form filled up by the candidate, an additional fee per form of Rs 500/- will have to be paid. Below is the fee structure of application form of all the PGDM courses:One form : Rs 1650 /Two forms : Rs 1650 + Rs 500 = Rs 2150/Three forms : Rs 1650 + Rs 500 + Rs 500 = Rs 2650 /Four forms : Rs 1650 + Rs 500 + Rs 500 + Rs 500 = Rs 3150/Five forms : Rs 1650 + Rs 500 + Rs 500 + Rs 500 + Rs 500 = Rs 3650/10. Do you need to apply separately for all the programmes? Ans. The online application form for the various courses are to be filled up as follows :

Course Category of Form

PGDM

PGDM ( IB )

PGDM ( RM ) Form B

PGDM ( FS )

PGDM ( Exec ) Form C

Form A

11. What are the specializations offered for the PGDM Programmes? Ans. The specializations offered for the PGDM programme in the second year is in the area of Marketing, Finance, Human Resource Management, Operations & Supply Chain Management. The courses of PGDM (IB), PGDM (FS), PGDM (RM), PGDM (Exec) are specialized courses in themselves and no further sub specializations are offered for the same in the second year. 12. Ans. What is Dual Specialization in the PGDM programme? The Institute allows meritorious students of PGDM the option of Dual Specialization, wherein they can opt for subjects from two different areas of specialization in the second year. This facility is available subject to a minimum of 20 students applying for a particular combination of specializations. The courses of PGDM (IB), PGDM (FS), PGDM (RM), PGDM (Exec) are specialized courses in themselves and there is no concept of dual specializations in the second year.

13. Ans.

What are the Student Exchange Programmes available at SIMSR ? The Institute has entered into strategic alliances for student exchange programme with Asian Institute of Technology Bangkok, Deakin University Australia, Vaasa University Finland, Nyenrode Business Universiteit, The Netherlands. All PGDM / PGDM ( IB ) / PGDM ( RM ) / PGDM ( FS ) students can avail facilities of these exchange programmes in the second year of the course. The students are selected for these exchange programmes based on their merit, first year PGDM marks and any other qualifying exam like GMAT which a University may require. Students who are selected for the exchange programme may spend a year / semester / trimester of their study in the second year at the chosen university. All expenses for this exchange programme are to be borne by the student themselves. The approximate expenses are in the range of Rs 6-10 Lakh, depending upon the fee of the University, period of study and the student lifestyle. Students of PGDM ( Executive ) will be given an option of an International Immersion programme through universities in Europe and USA. The duration of this may be of 2 4 weeks and expenses are to be borne by the students.

14. What is the admission criterion for the various PGDM Programmes? Ans. Basic criteria for PGDM / PGDM ( IB ) / PGDM ( RM ) / PGDM ( FS ) : The candidate must hold a Bachelors degree of minimum 3 years duration with minimum 50% marks, from any of the Universities incorporated by an Act of Central or State Legislature in India or other Educational Institutions established by an Act of Parliament or declared to be deemed as a University under section 3 of UGC Act 1956 or possess an equivalent qualification recognized by the Ministry of HRD, Govt. of India. Candidates appearing for the final year degree examination in the year 2012 can also apply subject to furnishing the proof of graduation on or by 31st July 2012, failing which the student will forfeit his / her admission.

Basic criteria for PGDM ( Executive ) : The candidate must hold a Bachelors degree of minimum 3 years duration with minimum 50% marks, from any of the Universities incorporated by an Act of Central or State Legislature in India or other Educational

Institutions established by an Act of Parliament or declared to be deemed as a University under section 3 of UGC Act 1956 or possess an equivalent qualification recognized by the Ministry of HRD, Govt. of India. In addition, the candidate must have a minimum of 5 years of work experience after completing his graduation degree.

15. Can students in the final year of their graduation apply ? Ans. Yes. Candidates appearing for the final year degree examination in the year 2012 can also apply for PGDM / PGDM ( IB ) / PGDM ( RM ) / PGDM ( FS ) courses subject to furnishing the proof of graduation by 31st July, 2012.

16. Is there any age limit to apply? Ans. For PGDM, PGDM (IB), PGDM (FS) and PGDM (RM) , students below 30 years are preferred. However, there is no age limit for PGDM (Exec).

17. What is the selection process? Ans. After being short listed for GD/PI on the basis of scores obtained in the qualifying exams mentioned in Question No. 3, the call letters are sent by email. The Institute reserves the right to use any other criteria other than the scores in the qualifying exam, for the purpose of short listing the candidates, and the decision of the Institute will be final. The GD/PI will be held in the month of March / April in Delhi, Bengaluru , Hyderabad, Kolkata and Mumbai. Management reserves the right to cancel any of the venues for GD/PI. However, if there is any change, the candidates will be informed accordingly by email and the details will be displayed on the Institute website http://simsr.somaiya.edu. The selected candidates will be informed by post / email of their final selection and the results will be posted on the Institute website. Final selection is based on the following parameters: Score in Qualifying Exam + Group Discussion ( if applicable )+ Personal Interview + Past Academic Performance + Work Experience + Written Communication Test + Statement of Purpose ( if applicable ).

18. What is the weightage given to the various parameters in the final selection? Ans. The weightage given to the various parameters are as follows: Credit Marks Credit Marks Parameters (PGDM, IB, RM, FS) (PGDM-Exec) Qualifying Exam like CAT etc 100 100 Group Discussion (GD) Personal Interview (PI) including assessment for Relevant Work Experience* Written Communication Test Past Academic Record ** Statement of Purpose 20 40+8* 10 22** 50 20 10** 20

Total

200

200

Please Note : The Institute reserves the right to change the parameters and / or weightages without assigning any reason whatsoever.

* Relevant Work Experience (up to 31st December 2011)

Experience
Less than 12 months 13 24 months More than 25 months

Credit Marks (PGDM, IB, RM, FS) 00 03 08

Credit Marks (PGDM-Exec) -

**Marks for Past Academic Record: Qualifications Marks Scored

Credit Marks Credit Marks Credit Marks (PGDM,IB,RM) (PGDM- FS) (PGDM-Ex) 02 05 02 05 02 05 07 02 02 05 02 05 02 05 07 02 02 05 07 -

S.S.C. / 10th Standard H.S.C. / 12th Standard Graduate Qualification Marks ( if appearing up to the last semester / trimester marks ) Additional Qualification INTER CA/ ICWA/CS Post Graduation in Economics, Statistics, Commerce & Sociology, and ACA/ ACWA/ ACS etc.( for completed course only ) Maximum Marks

70 % 79.99 % 80% and above 70 % 79.99 % 80% and above 60 % - 64.99 % 65 % - 69.99 % 70 % and above -

60 % and above

03

03

03

22 marks

22 marks

10 marks

What is the general cut off percentile to qualify for the second stage of the admission process comprising of Group Discussion (GD) & Personal Interview (PI) etc? Ans. This varies from year to year.

19.

20. What is last date for filling online application form? Ans. For PGDM / PGDM ( IB ) 31st Dec 2011 For PGDM ( RM ) / PG ( FS ) / PG ( Executive ) - 15th April, 2012

21. Is there a Bank Loan assistance provided to the finally selected candidates? Ans. Yes, SIMSR provides the necessary documents and other details required by the bank for obtaining the Educational Loan. Details of Bank Loan schemes are available on the Institute website.

22. Is there a hostel facility available? Ans. Yes, the hostel facilities are available for both boys and girls. It is mandatory for all the PGDM & PGDM (IB), PGDM (RM), PGDM (FS), PGDM (Exec) students to stay in the hostel as it is a fully residential programme.

23. When is the GD-PI process conducted? Ans. The GD-PI process is usually conducted in the month of March in New Delhi, Bengaluru, Mumbai, Kolkata and Hyderabad. Management reserves the right to change the month for conduct of GD-PI. However, if there is a change, the candidate will be informed accordingly. The Institute reserves the right to conduct second round of GD-PI process for PGDM (RM), PGDM (FS), PGDM (Exec) in Mumbai or some other centers in the month of April, 2012.

24. Do students need to clear any medical test? Ans. Yes. After admission, all the students have to undergo medical test.

25. Is laptop compulsory and will it be included as part of the fee? Ans. It is recommended that the students should have their own laptop or desktop. However, the Institute has a well equipped computer lab for use by the students.

26. Is there any Induction Programme for the students? Ans. SIMSR has mandatory Induction Programme of two weeks at the beginning of the course to familiarize the students with basic management subjects, especially Data Models, Accounts and Economics.

27. Is the placement assistance provided? Ans. Yes, placement assistance is provided to the students. A full-fledged Placement Committee comprising of the students (guided by Chief Placement Manager) helps in the placement of the students. So far, SIMSRs placement record has been excellent since its inception in top organizations. More than 130 companies visited the campus for final placement for all PGDM programmes for the Batch 2009-11.

28. What is the average package of the last PGDM Batch i.e. 2009-2011? Ans. PGDM ( Batch 2009-11 ) : Average Salary : Rs 7.24 Lakh PGDM IB ( Batch 2009-11 ) : Average Salary : Rs 7.20 Lakh PGDM RM ( Batch 2009-11 ) : Average Salary : Rs 4.74 Lakh PGDM ( FS ) : Not applicable as the first batch has commenced in July 2011 PGDM ( Executive ) : Not applicable as the first batch has commenced in July 2011

29. What is a normal day at SIMSR? Ans. Life at SIMSR is a bundle of experiences. While the focus is on academic rigour to equip students with the knowledge and skills that will enable them to face and handle diverse situations in real life business, it also provides students an opportunity for innovation, cross functional strategic thinking and improving soft skills. Special efforts are made to
develop analytical mind, global thinking and to develop innovative and out of box solutions. For more details, check our blog http://simsr.wordpress.com/

30. What is the fee structure for the academic session 2012-2014? Ans. Annual Fee for PGDM / PGDM ( IB ) / PGDM ( RM ) / PGDM ( FS ) : ( for first year ) Tuition Fee- Rs 2,20,000/Caution Money Rs 5,000/Fee for PGDM ( Executive ) : To be announced Hostel Fees:Accommodation Fee per year ( 10 months ) - Rs 70,000/Hostel Deposit- Rs 10,000/Mess Deposit- Rs 3,000/Hostel Registration fee Rs 1,000/Total Hostel Fees- Rs 84,000/-

For more details please refer to the admission prospectus and the mandatory disclosures on the Institute website http://simsr.somaiya.edu

K. J. Somaiya Institute of Management Studies & Research Vidyavihar, Mumbai 400 077. Fax : (022) 2102 7219 Website: http://simsr.somaiya.edu

Email : [email protected] (PDGM course) [email protected] (PGDM-IB course) [email protected] (PGDM-RM course) [email protected] (PGDM-FS course) [email protected] (PGDM-Exec course)

Student Coordinators: [email protected]