IIM Jammu has completed 100% placements 2023 for its 6th large MBA batch 2021-23 with 100% rise in highest salary which has gone up at Rs.64 LPA from Rs.32 LPA last year while average salary has registered 21% rise at Rs.16.43 LPA from Rs.13.53 LPA last year.
The youngest of 20 IIMs, IIM Jammu witnessed 135 companies in placement 2023 making job offers to 239 students. Leaving behind many well established B-schools in India, IIM Jammu has recorded sharp rise in highest and average salary. IIM Jammu has recorded more placement offers per student for its diverse 6th batch in terms of academics, work experience, and ethnicity.
On the successful completion of placements 2023, Prof. B.S. Sahay, Director, IIM Jammu said, “100 % placements over the last year indicate an optimistic placement scenario. From the very beginning, IIM Jammu has set high standards for outstanding value-based quality education, high-quality research, executive education, consultancy, and strong corporate as well as international linkages. Despite the considerable increase in the batch size from the previous year, we are proud to announce this year's placement season to be a resounding success.”
IIM Jammu Placement 2023: Key Highlights
IIM Jammu is creating a strong presence in the industry and has brought a fresh perspective to the table being the fast growing IIM.
- Average Salary rises by 21% at Rs.16.43 LPA in 2023 from Rs.13.53 LPA last year
- Highest Salary goes up by 100% at Rs.64 LPA in 2023 from Rs.32 LPA last year.
- Median Salary has gone up by 34% at Rs.15.25 LPA in 2023 from Rs.11.40 LPA last year
- Number of Recruiters goes up to 135 in 2023 from 119 last year
- Average Salary for Top 10% Students is Rs.32.4 LPA which is higher the last year’s highest salary
- Average Salary for Top 25% students is Rs.24.5 LPA
- Average Salary for Top 50% Students is Rs.20.30 LPA
- Average Salary for Freshers is Rs.15.5 LPA
- Average Salary for students with work experience is Rs.20 LPA
- Top Recruiters include Microsoft, Mckinsey, EXL, Cognizant, Zycus, Amazon, Reliance Retail, ICICI Bank, Yes Bank, Kotak Mahindra Bank, Mercedes Benz, Maruti Suzuki, EY, KPMG, Deloitte, CRISIL, Kantar, Vedanta, Tata Power among others
Source: IIM Jammu
IIM Jammu Placement Trends: Analysis
IIM Jammu is one of those IIMs and other prominent MBA colleges who have not missed any placement season. Right from its first batch passing out in 2018, all the batches have got suitable placement offers higher salary packages and rising number of companies in placements yer after year. Analysis of key placement trends of IIM Jammu for all the six MBA batches is shared below:
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IIM Jammu Placement Batch
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Average Salary (Rs. In Lakhs)
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Highest Salary (Rs. In Lakhs)
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No. of Recruiters
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Batch 2021-2023
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16.43
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64.00
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135
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Batch 2020-2022
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13.53
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32.00
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119
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Batch 2019-2021
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10.34
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32.00
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121
|
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Batch 2018-2020
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10.64
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24.50
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84
|
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Batch 2017-2019
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9.40
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20.00
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77
|
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Batch 2016-2018
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10.15
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32.00
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51
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Source: IIM Jammu
Top Recruiters
In all there were 135 recruiters making offers to the 239 students of 6th batch at IIM Jammu. Prominent recruiters at IIM Jammu include Microsoft, Mckinsey and Company, EXL, Brillio, Cognizant, Zycus, Amazon, Target, Reliance Retail, Aditya Birla Fashion and Retail, State Street, ICICI Bank, SBI Capital Markets, Yes Bank, Kotak Mahindra Bank, Mahindra and Mahindra, Mercedes Benz, Maruti Suzuki, Amara Raja Group, EY, KPMG, Deloitte, CRISIL, Kantar, Affinity Global, JLL, Shobha Reality, Vedanta, Tata Power, AM/NS, Adani Group, Carlsberg, DS Group, Bombay Shaving Company, BenQ, Wildcraf along with several others
Source: IIM Jammu
Past Recruiters at IIM Jammu
Many top companies have been recruiting from IIM Jammu year on year. A list of previous recruiters at IIM Jammu is as below
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AARTI INDUSTRIES LTD.
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IDBI BANK
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RELIANCE INDUSTRIES LIMITED
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ABBOTT LABORATORIES
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INDIAN FARMERS FERTILISER COOPERATIVE LIMITED
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RELIANCE JIO INFOCOMM LIMITED
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AIR INDIA
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INFINITI RESEARCH
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RESERVE BANK OF INDIA
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AKSHAYA PATRA FOUNDATION
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INFO EDGE (INDIA) LIMITED
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RITES LIMITED
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ALLKONNECT
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INFOR
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SADYOGI TECHNOLOGY SERVICES PVT LTD
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ALSTRONG ENTERPRISES INDIA (PVT) LIMITED
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ITC LIMITED
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SAFEXPRESS PVT LTD,
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ANT CREDITEX TECHNOLOGIES PVT LTD. (QBERA)
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JAMBOREE EDUCATION PVT LTD
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SARAF GROUP
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APNACOMPLEX
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JARVIS TECHNOLOGY AND STRATEGY CONSULTING
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SCHNEIDER ELECTRIC
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ARVIND LIMITED
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JAYPEE HEALTHCARE LIMITED
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SECURITIES AND EXCHANGE BOARD OF INDIA
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ASAHI INDIA GLASS LTD.
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JET AIRWAYS LTD.
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SHAREKHAN BNP PARIBAS FINANCIAL SERVICES LIMITED
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AU SMALL FINANCE BANK
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JINDAL STEEL AND POWER LIMITED
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SHYAM GROUP
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BHARTI AIRTEL LIMITED
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JPMORGAN CHASE & CO.
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SID’S FARM PVT LTD
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BLACK OLIVE VENTURES PVT. LTD.
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KALE LOGISTICS SOLUTIONS
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SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA
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BLOSSOMS AROMA PVT LTD
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KANTAR
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SQUARE YARDS
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BMR ADVISORS
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KENT RO SYSTEMS LTD.
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SREI INFRASTRUCTURE FINANCE LIMITED
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CHIPPERSAGE EDUCATION PVT LTD
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L&T INFRASTRUCTURE DEVELOPMENT PROJECTS LIMITED
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STATE BANK OF INDIA
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CL EDUCATE LTD.
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LARSEN & TOUBRO LIMITED
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SUNSHINE TRAINING AND EDUCATION PVT. LTD.
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COLUMBIA ASIA
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LOADSHARE NETWORKS
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SUNSTRATEGIC
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DECATHLON SPORTS INDIA PRIVATE LIMITE
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MAPRO FOODS PVT. LTD.
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TAKSHASHILA CONSULTING
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DELOITTE
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MARUTI SUZUKI INDIA LIMITED
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TATA POWER LIMITED
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DR. REDDY'S LABORATORIES
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MAXIML LABS
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TATA STEEL LTD.
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EKVITY VENTURES LLP
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MBATREK PRIVATE LTD.
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TECH-TAILOR SOLUTIONS PVT LTD
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ELECTROTHERM LIMITED
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MEDICIPRIM FINTECH PRIVATE LIMITED
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TEKNAVIGATORS STAFFING PVT LTD
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EPIROC AB
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MERRY GO LEARN
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THE CLEARING CORPORATION OF INDIA LIMITED
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ERNST AND YOUNG
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METAFLEX DOORS INDIA PVT LTD.
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THE WAVE GROUP
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EVALUESERVE
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MORGAN STANLEY
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THOUGHTWORKS
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EXPRESS BUILDERS LTD.
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MOTILAL OSWAL FINANCIAL SERVICES LTD.
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TRESVISTA
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FIS GLOBAL BUSINESS SOLUTIONS
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MPHASIS
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TRIUMPHANT INSTITUTE OF MANAGEMENT EDUCATION PVT. LTD.
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FLYWIDUS
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MYNTRA
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TRUCKHALL PRIVATE LIMITED
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FONDS NIKKEL CONSULTING LLP
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NEXT EDUCATION
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V-GUARD INDUSTRIES LTD
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FORD MOTOR CREDIT COMPANY
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ONE97 COMMUNICATIONS LTD. (PAYTM)
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V-GUARD INDUSTRIES LTD.
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FUJITSU LTD.
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OYO ROOMS
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VINCULUM SOLUTIONS PRIVATE LIMITED
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FUTURE GROUP
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OYO WEDDINGZ.IN
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VISTAAR FINANCIAL SERVICES PVT. LTD.
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GAIL LIMITED
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PHILLIPCAPITAL (INDIA) PVT. LTD.
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VLCC HEALTH CARE LIMITED
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HCL TECHNOLOGIES LIMITED
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PINCAP
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WOCKHARDT LTD.
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HDFC BANK
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PNB GILTS LTD.
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XENTURE TECHNOLOGIES PRIVATE LIMITED
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HONASA CONSUMER PVT LTD
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PNB METLIFE INDIA INSURANCE COMPANY LIMITED
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YES SECURITIES (INDIA) LIMITED
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HT MEDIA
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POWER GRID CORPORATION OF INDIA
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ZOXIMA SOLUTION LTD.
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ICICI BANK
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RAKSHAK FOUNDATION
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Diverse Roles Offered in Placement 2023
IIM Jammu students were offered diverse roles in placement 2023 by the 135 companies. The key profiles offered included Equity Analyst, Consultant, Product Manager, Cluster Head, AGM Marketing, Supply Chain Analyst among others. Students have secured roles in domains like Analytics, Consulting, and Strategy in addition to roles in Marketing, Finance, and Operations.
Prof. Jabir Ali, Chairperson, Placements said, “A jump was witnessed in the average, median & highest package offered this year. The success of the placements season is driven by the trust of the recruiters in IIM Jammu”.
Among the newest IIMs, IIM Jammu was the last IIM to launch operation. While other IIMs started operation in 2015, the first batch of IIM Jammu was launched in 2016. At present IIM Jammu is among the fastest growing IIMs and its batch size is consistently growing. IIM Jammu is operating from the Govt. College of Engineering & Technology, Old University Campus, Canal Road, Jammu. Permanent campus of IIM Jammu is coming up at Jagti, Nagrota Road, Jammu (15kms from Airport on NH 33) over an area of 200 acres. The total covered area will be approximately 115800 sq. mtrs (as per the DPR) and is expected to be operative from 2023-24.
IIM Lucknow Faculty Teaching at IIM Jammu
IIM Jammu students have got a rare opportunity to be taught by IIM Lucknow faculty. The faculty members from IIM Lucknow are delivering courses at IIM Jammu. The overall design, quality & delivery of MBA course at IIM Jammu, is to the standards & with direct involvement of IIM Lucknow.
Indian Institute of Management Lucknow is the mentoring IIM of IIM Jammu. In the past IIM Lucknow has mentored three other IIMs- IIM Rohtak, IIM Kashipur and IIM Sirmaur
Stay tuned to MBAUniverse.com for more updates on IIM Jammu
