Indian Institute of Management (IIM) Jammu: Placements

IIM Jammu has completed 100% placements 2024 for its 7^th 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 3^rd 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:

• MBA 2022-24 Batch size increased to 244 students
• Completes 100% Placements
• Average Salary dips by 6% at Rs.15.48 LPA in Placement 2024 from Rs.16.43 LPA last year
• Highest Salary goes down by more than half at Rs.31.75 LPA in Placement 2024 from Rs.64 LPA last year.
• Median Salary goes down at Rs.15 LPA from Rs.15.25 LPA last year
• Number of Recruiters in placement 2024 goes down to 130 from 135 last year
• Number of new recruiters are 50
• The MBA Batch 2022-2024 has 46 Female and 198 Male students
• Top Recruiters include BNY Mellon, Cognizant, HCL Technologies, Infosys, Aditya Birla Capital, Axis Bank, Havells, ICICI Bank, Capgemini, Deloitte, Wipro, Zycus among others

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 with high salary packages and marquee companies participating in placements year after year.

Top Recruiters
In all there were 130 recruiters including 50 new companies, making offers to the 244 students of 7^th 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.