IIM Jammu Placements 2023: Highest CTC INR 64 LPA, Average CTC 16.43 LPA
IIM Jammu final placement process 2023 recorded highest CTC of INR 64 lakh per annum and average CTC of INR 16.43 lakh per annum. Maximum offers were made in BFSI sector. Check IIM Jammu placements 2023 here.
The Indian Institute of Management (IIM) Jammu’s sixth batch of MBA was placed at top companies during the final placement process. A total of 126 companies participated in the IIM Jammu placement process and made 246 offers to the students.
This year, the highest CTC jumped manifold from last year recording at INR 64 lakh per annum. In 2020-22 placements, the highest CTC offer was INR 32.00 lakh per annum.
The average CTC too witnessed comprehensive rise from last year. The average CTC offered in IIM Jammu placements 2023 stood at INR 16.43 lakh per annum which is INR 2.90 lakh more than last year. Average CTC offer for freshers stood at INR 15.50 lakh per annum and for students with work experience stood at INR 20.00 lakh per annum.
Q: What is the highest package offered at IIM Jammu?
According to the IIM Jammu placement report 2023, the highest package offered to the MBA batch 2024 was INR 31.75 LPA. The highest package offered during IIM Jammu placements between 2022 and 2024 are tabulated below:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
Highest package | INR 32 LPA | INR 64 LPA | INR 32 LPA (MBA HA & HM) INR 31.75 LPA (MBA) |
Q: What is the average package offered at IIM Jammu?
The IIM Jammu average package offered to the MBA batch 2024 stood at INR 15.48 LPA. Further, the IIM Jammu average offered to work experience students stood at INR 15.35 LPA. The course-wise IIM Jammu average package offered during the 2024 placement drive is tabulated below:
Course | Placement Statistics (2024) |
|---|---|
MBA | INR 15.48 LPA |
MBA HA & HM | INR 14.01 LPA |
When it comes to the trends part, the IIM Jammu average package has fluctuated between 2022 and 2024. The following graph depicts the trends seen in the IIM Jammu average package offered between 2022 and 2024:
The table below showcases the IIM Jammu average package offered to MBA students in the last three years:
Particulars | MBA Statistics (2022) | MBA Statistics (2023) | MBA Statistics (2024) |
|---|---|---|---|
Average package | INR 13.78 LPA | INR 16.50 LPA | INR 15.48 LPA |
Average package offered to experienced students | INR 16.17 LPA | INR 19.64 LPA | INR 15.35 LPA |
Average package offered to fresher students | INR 12.51 LPA | INR 15.68 LPA | INR 15.62 LPA |
Q: What is the batch size of IIM Jammu MBA?
The batch size of IIM Jammu MBA 2023 is 240. As per the Government seat reservation policy:
- 15% seats are reserved for Schedule Caste.
- 7.5% seats are reserved for Schedule Tribe
- 27% seats are reserved for NC - OBC
- 10% seats are reserved for EWS
- 5% seats are reserved for DAP
This year, IIM Jammu hosted 59 new recruiters. Sector wise, maximum offers were made in BFSI, followed by IT & Analytics. Domain wise, the maximum hiring was done in Sales and Marketing, followed by General Marketing.
IIM Jammu Placements 2023: Highlights
Check the table below for key highlights of IIM Jammu final placements 2023:
| IIM Jammu Placements |
Details |
|---|---|
| Highest CTC offered |
INR 64.00 LPA |
| Average CTC offered |
INR 16.50 LPA |
| Median CTC offered |
INR 15.25 LPA |
| Average CTC offered to top 10% |
INR 32.04 LPA |
| Average CTC offered to top 25% |
INR 24.50 LPA |
| Average CTC offered to top 50% |
INR 20.36 LPA |
| Batch strength |
239 |
| Total number of participating companies |
126 |
| Total number of new recruiters |
59 |
| Top hiring domain |
Sales and Marketing |
Also Read: IIM Placements - Highest Salary Package & Top Recruiting Companies
IIM Jammu placements 2023
IIM Jammu Placements 2023: Domain-wise Split
Domain wise, Sales & Marketing was the top recruiter with 26 per cent of offers. Here’s the table indicating domain wise percentage of offers and average CTC offered during IIM Jammu final placements 2023.
| Domain |
Percentage of offers |
Average CTC |
|---|---|---|
| Marketing & Sales |
26 % |
INR 14.81 LPA |
| General Marketing |
22 % |
INR 16.69 LPA |
| Finance |
11 % |
INR 17.29 LPA |
| Operations |
9 % |
INR 27.33 LPA |
| Analytics |
4 % |
INR 19.25 LPA |
| Strategy |
1 % |
INR 13.85 LPA |
| Others |
6 % |
INR 12.50 LPA |
IIM Jammu placements 2023
IIM Jammu Placements 2023: Sector-wise Split
Sector wise, 32 per cent of the total offers were made in BFSI. Here’s the table indicating sector wise percentage and average CTC offered in the IIM Jammu final placements 2023.
| Sector |
Percentage of offers |
Average CTC |
|---|---|---|
| BFSI |
32% |
INR 16.21 LPA |
| IT & Analytics |
24% |
INR 15.47 LPA |
| Consulting |
11% |
INR 12.88 LPA |
| Logistics & E-Commerce |
9% |
INR 25.20 LPA |
| Energy |
6% |
INR 19.58 LPA |
| Others |
18% |
INR 15.91 LPA |
IIM Jammu Final Placements 2023: Top Recruiters
The top recruiters who participated in the IIM Jammu placement process 2023 included Aditya Birla Group, Cognizant, ICICI Bank, State Street, Adani, Cogaport, Yes Bank, Accenture, Zycus, Deloitte, Mphasis, Airtel, SBICAPS, Infosys, EXL, Reliance, BENQ, KPMG, HDFC Bank, Capgemini, Fujitsu, Kotak, Crisil, Mahindra, TATA AIA, TATA Power, IDBI Bank, HCL, JLL, Amazon, Kantar, EY, Carlsberg, TechMahindra and Microsoft among others.
Q: What is the median package offered during the recent IIM Jammu placements?
The median package offered during placements 2023 stood at INR 15.25 LPA. An increase of nearly 20% was observed in the median package offered during placements 2023 when compared to 2022. The trend graph below showcases median package offered in the last three years:
The table below showcases the median package offered in the last three years:
Particulars | MBA Statistics (2021) | MBA Statistics (2022) | MBA Statistics (2023) |
|---|---|---|---|
Median package | INR 10 LPA | INR 12.75 LPA | INR 15.25 LPA |
Q: Is Internship part of MBA curriculum of IIM Jammu?
Yes, the summer internship programme is a part of the IIM Jammu MBA curriculum. The Summer internship programme is 8-10 weeks long and has assigned 3 credits to it.
IIM Jammu Placements: 2023 vs 2022 vs 2021
Given below is a comparative table of salary offers for IIM Jammu graduates during MBA placements. Check the table below for more details.
| Details |
2023 |
2022 |
2021 |
|---|---|---|---|
| Highest CTC offered |
INR 64.00 LPA |
INR 32.00 LPA |
Rs 32.00 LPA |
| Average CTC offered |
INR 16.50 LPA |
INR 13.53 LPA |
Rs 10.34 LPA |
| Median CTC offered |
INR 15.25 LPA |
INR 11.40 LPA |
Rs 10.00 LPA |
| Number of participating companies |
126 |
119 |
104 |
Campus-wise IIM Placement Reports 2023
Listed below are the campus-wise IIM final placement reports 2023. Take a look.
| Planning to study MBA in India? Find useful insights & emerging trends on student preferences for MBA colleges, locations and more. |
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Student Forum
Anything you would want to ask experts?Answered a week ago
The MBA admissions process at IIM Jammu begins with the shortlisting of candidates based on their CAT results, followed by a Personal Interview. The particular CAT percentile cutoffs for the 2024-26 cohort have yet to be publicly disclosed. However, for the 2021-23 batch, the general category requir
M
Contributor-Level 9
Answered 2 weeks ago
If you want to excel in your career in the field of management, you can join IIM Jammu. Placements at IIM JAMMU are very good, and also every student gets selected either for the summer internships or final placements . The higher salary package offered here was INR 24 LPA.
Being a graduate student a
M
Contributor-Level 6
Answered 2 months ago
The candidate must hold a bachelor's degree, with at least 50% marks or equivalent CGPA i.e. 6 CGPA on a 10-point scale. A valid Graduate Management Aptitude Test (GMAT) score of 650 and above is required to apply for the MBA programme at IIM Jammu. The medium of instruction is in the English langua
S
Contributor-Level 9
Answered 3 months ago
While IIM Jammu is relatively newer IIM, it has shown significant growth and promise. Hence, it is worth joining for your higher studies. IIM Jammu has gaines recognition in the management education landscape in such a shorter spam. Many faculty members have experience from top institutions. The in
A
Contributor-Level 10
Answered 3 months ago
IIM Jammu cutoff 2024 is yet to be released soon after CAT 2024 results. IIM Jammu generally releases two types of cutoffs, the first is qualifying and the second is, the final cutoff for WAT/PI. As per the IIM Jammu CAT cutoff 2023, the final cutoff for WAT/PI stood at 90. Similarly, for 2022 and 2
Y
Contributor-Level 10
Answered 3 months ago
Yes, IIM Jammu has a strong record of placements for its MBA courses. IIM Jammu recorded 100% placements for its MBA HA & HM batch in the academic year 2023-2024. The highest package offered during IIM Jammu placements in 2024 stood at INR 32 LPA, whereas the IIM Jammu average package offered to the
Contributor-Level 10
Answered 4 months ago
Based on the reviews from students and alumni, here's what they have to say:
Pros:
* Excellent Placement Records: Almost 100% placement record, with an average salary package ranging from 10 LPA to 11 LPA. the highest salary package offered was 24 LPA.
* Good Facult
A
Beginner-Level 1
Answered 5 months ago
The table below presents a comparison of the top-ranked Management institutes (basis NIRF 2023) for their MBA programme on the basis of various factors, such as fees, and the highest salary package:
Institute | Median Package | Total Tuition Fee |
|---|---|---|
IIM Jammu | INR 15.25 LPA | INR 11.8 lakh |
INR 16 LPA | INR 11.5 lakh | |
INR 16.00 LPA | INR 10.5 lakh |
S
Contributor-Level 10
What is the CAT cutoff for IIM Jammu?