IIM Jammu Placement 2021: Average Salary Up at Rs.10.34 LPA; Highest Package at Rs.32 LPA; 121 Companies make offers

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MBAUniverse.com News Desk |
September 2, 2021
IIM Jammu final Placement 2021 for the 4th batch 2019-21 has concluded with 100% placements. The average salary for the batch has gone up at Rs.10.34 Lakhs in 2021 from Rs.10.06 lakhs and the highest salary also going up to Rs.32 lakhs this year from Rs.24.5 lakhs last year. There were 121 recruiters making 104 offers to IIM Jammu students in Placement 2021
IIM Jammu Placement 2021

IIM Jammu has concluded the final placement 2021 for its 4th batch 2019-21 with higher average salary than last year. The youngest of 20 IIMs, IIM Jammu witnessed 121 companies in placement 2021 making offers as against 84 recruiters last year.

Leaving behind many well established B-schools in India, IIM Jammu has recorded good rise in average salary. Achieving yet again 100% placement, IIM Jammu has recorded more placement offers per student for its diverse 4th batch in terms of academics, work experience, and ethnicity. 

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IIM Jammu Placement 2021: 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 to Rs.10.34 LPA in 2019 from Rs.10.06 LPA last year
  • Highest Salary goes up to Rs.32 LPA in 2021 from Rs.24.5 LPA last Year
  • Median Salary stood at Rs.10 LPA in 2021
  • Average Salary for Top 25% Batch is Rs.14.48 LPA
  • Average Salary for Top 50% Batch is Rs.12.50 LPA
  • Number of Recruiters increased to 121 in Placement 2021 from 84 last year
  • Top Recruiters include Deloitte, Maruti Suzuki , HCL, TATA Power, Tech Mahindra, ICICI Bank, ArcelorMittal, Nippon Steel, CEAT, Kotak Mahindra Bank, Vedanta
  • Size of MBA 2019-21 Batch is 94 Students
  • 89 Students participated in Placement 2021
  • 5 Students opted out of Placement process
  • 104 offers were made to the Students
  • 15 Students got multiple offers

IIM Jammu Placement Trends: Analysis
IIM Jammu is one of those IIMs and other 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. Analysis of key placement trends for all the four MBA batches is shared below:

IIM Jammu Placement Year
Average Salary (Rs. In Lakhs)
Highest Salary (Rs. In Lakhs)
No. of Recruiters
2018
  9.65
32.00
 51
2019
11.20
20.00
 77
2020
10.06
24.50
 84
2021
10.34
32.00
121

Top Recruiters
In all there were 121 recruiters making offers to the students of 4th batch at IIM Jammu. Prominent recruiters at IIM Jammu include Deloitte, Maruti Suzuki India Limited, HCL, TATA Power, Tech Mahindra, ICICI Bank, and in addition new recruiters like ArcelorMittal Nippon Steel India Limited, CEAT, Kotak Mahindra Bank, and Vedanta, along with several others

IIM Jammu Placement

IIM Jammu MBA 2019-21 Batch Profile
The 4th batch of IIM Jammu MBA Program has diverse batch profile. Key highlights of the batch are

1. Work Experience

  • 33% students are with work experience in the range of less than one to year to more than two years
  • 67% students are freshers
  • Average Work experience of the batch is 19 months

2. Academic Diversity of IIMJ MBA Batch 2019-21

  • Engineers: 79%
  • Science Graduates: 9%
  • Management Graduates: 6%
  • Commerce Graduates: 4%
  • Arts Graduates: 2%

Diverse Roles Offered in Placement 2021
IIM Jammu students were offered diverse roles in placement 2021 by the 121 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.

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 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 2022-23.

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