Indian Institute of Management (IIM) Jammu Master of Business Administration (MBA) Salary Highlights
💼 Placement #11
Index: 11
College ID: 8224
Jammu, Jammu and Kashmir | Established in 2016 | Approved/Accredited by Autonomous B-school Created by Act of Parliament | Government
IIM Jammu has completed 100% placements 2024 for its 7th large MBA batch 2022-24 with sharp dip in highest salary which has gone down at Rs.31.75 LPA in Placement 2024 from Rs.64 LPA last year. Average salary has also gone down by 6% at Rs.15.48 LPA from Rs.16.50 LPA last year. The youngest of 20 IIMs, IIM Jammu witnessed 130 companies in placement 2024 making job offers to 244 MBA students. IIM Jammu has recorded more placement offers per student for its diverse 7th batch in terms of academics, work experience, and ethnicity.
In a scenario when most B-schools are facing adverse impact of Economic Slowdown in their placements, IIM Jammu too has been affected by this phenomenon with a dip in its Average, and Highest salary for the 2022-24 batch. IIM Jammu has started conferring MBA degree instead of diploma after implementation of IIM Act 2017 which empowered the IIMs to award MBA degree.
IIM Jammu Placements 2024 Vs Other 3rd Generation IIMs Placements 2024
Out of the third generation 7 IIMs which started operation in 2015-2016, only IIM Bodh Gaya, IIM Jammu and IIM Visakhapatnam are the three IIMs who have completed placements for 2022-24 batch. All the three of them have registered dip in average salary which is more for IIM Bodh Gaya at 13% than for IIM Jammu and IIM Visakhapatnam at 6%. Most other IIMs are also witnessing downward trend in placement packages.
IIM Jammu Placement 2024: 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. Key highlights of IIM Jammu Placements 2024 are:
Top Recruiters
In all there were 130 recruiters including 50 new companies, making offers to the 244 students of 7th batch at IIM Jammu. Prominent recruiters at IIM Jammu include BNY Mellon, Cognizant, Zycus, ICICI Bank, Deloitte, Axis Bank, IDBI Bank, Mahindra & Mahindra, HCL Technologies, Infosys, Aditya Birla Capital, Havells, Capgemini, Wipro along with several others.
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College ID: 8224
Key functions and domains in which IIM Jammu students were placed include Sales & Marketing, Consulting & Analytics, Finance, HR, PM among others. Sales & Marketing witnessed maximum placements with 49% students opting for this domain. Function wise split of placements is shared below:
Function Domain | Percentage of Placements |
---|---|
Marketing/Sales | 48.9% |
Consulting & Analytics | 16.3% |
Finance | 13.3% |
Product Management | 5.9% |
HR | 3.0 % |
Others | 12.6% |
IT/ITES & BFSI emerged as the most sought-after sectors, with more than 50 percent of the students opting for the companies in these sectors. Sector wise split of IIM Jammu placements 2024 is shared below:
Placement Sector | Percentage Share in Placements |
---|---|
IT/ITES | 31.9% |
BFSI | 20.3% |
Consulting | 6.5% |
Manufacturing | 10.9% |
Automobile, E-Commerce & Logistics | 7.2% |
FMCG | 8.7% |
Others | 14.5% |
IIM Jammu students were offered diverse roles in placement 2024. 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.