K J Somaiya Institute of Management unveils Cutting-Edge Bloomberg Finance Lab

K J Somaiya Institute of Management unveils Cutting-Edge Bloomberg Finance Lab

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Anum Ansari
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New Delhi, Updated on Sep 3, 2024 15:04 IST

One of the lab’s key objectives is to bridge the gap between classroom theory and real-world application. The lab offers experiential, hands-on learning with live market data, allowing students to apply theoretical concepts in practical scenarios.

K J Somaiya Institute of Management (KJSIM) has recently inaugurated its state-of-the-art Bloomberg Finance Lab, marking a significant milestone in enhancing its educational infrastructure. The lab was officially opened by Shri Samir Somaiya, Chancellor of Somaiya Vidyavihar University, Vice Chancellor Professor V N Rajasekharan Pillai, and Dr Raman Ramachandran, Director & Dean of KJSIM. This new facility is set to play a pivotal role in bridging the gap between theoretical knowledge and practical industry experience.

A Leap Towards Practical Learning

The Bloomberg Finance Lab is a major advancement for KJSIM, positioning the institute among India’s leading educational institutions by integrating Bloomberg Professional services into its curriculum. This cutting-edge facility aims to provide students and faculty with real-time data access and advanced analytical tools, enhancing their learning experience and preparing them for the complexities of the global financial industry.

Bridging Academia and Industry

One of the lab’s key objectives is to bridge the gap between classroom theory and real-world application. The lab offers experiential, hands-on learning with live market data, allowing students to apply theoretical concepts in practical scenarios. This integration of live data into the learning process ensures that students gain a deeper understanding of financial markets and practices.

Opportunities for Specialized Programs

The Bloomberg Finance Lab also paves the way for KJSIM to develop specialized programs in various finance-related areas, including Supply Chain, Energy, ESG (Environmental, Social, and Governance), and Technical Analysis. These programs are designed to equip students with niche skills that are highly relevant in today’s evolving financial landscape.

Enhancing Placement Prospects

The lab is expected to enhance placement opportunities for KJSIM students by attracting top finance employers to the institute. With access to Bloomberg Market Concepts (BMC) certification and hands-on Bloomberg experience, students can significantly strengthen their resumes. This practical experience will help them make informed career choices and perform better in internships, positioning them advantageously in the competitive finance job market.

Director's Insight

Dr Raman Ramachandran, Director & Dean of KJSIM, emphasized the transformative impact of the Bloomberg Finance Lab on the institute’s academic framework. He stated, “The Bloomberg Finance Labs bridge the gap between academic learning and real-world finance. By helping our students and faculty with updated equipment and unparalleled access to financial data and analysis tools, we prepare our students to be Day-1 ready.”

Q:   Is KJ Somaiya Institute of Management (KJSIM) good for MBA?

A:

KJ Somaiya Institute of Management (KJSIM) is considered to be one of the reputed colleges for Management education in Mumbai. By paying this fee amount, students are able to get a the highest and average package of INR 22.50 LPA and INR 12.28 LPA as per the latest placement information released by the institute. Based on the Return of Investment calculation with the help of the fee price spent and return value received after course completion, KJ Somaiya Institute of Management (KJSIM) is considered a good option for MBA.

Q:   Is MBA available at KJ Somaiya Institute of Management (KJSIM)?

A:

KJ Somaiya Institute of Management (KJSIM) offers a two-year MBA programme in Health Care Management (HCM), General and Sports Management (SM). All these full-time courses are of two-year duration and divided into six trimesters of 10-12 weeks each. The core MBA programme is available across five major and eight minor specialisations. Candidates must complete graduation with at least 50% aggregate to apply for MBA course.

Q:   When was K J Somaiya Institute of Management established?

A:

Since its establishment in 1981, the college has increased the number of courses it offers. KJ Somaiya offers postgraduate courses to students across General Management, Sports Management, and various other streams. K J Somaiya Institute of Management is a constituent college of Somaiya Vidyavihar University. KJ Somaiya Institute of Management is accredited by AACSB (Association to Advance Collegiate Schools of Business) and NBA and is ISO certified. Formerly known as K J Somaiya Institute of Management Studies & Research (SIMSR), the college is approved by AICTE and AIU (Association of Indian Universities). To get admission to this college, candidates must clear CAT / XAT / GMAT* / NMAT (Only 1st
attempt will be considered) / CMAT. Candidates must read the CMAT syllabus, NMAT syllabus, and CAT syllabus.

The Bloomberg Finance Lab stands as a testament to KJSIM’s commitment to providing a robust educational foundation that aligns with industry standards and prepares students for success in the global financial sector.

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Anum Ansari
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