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.
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 |
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
- IIM Jammu Placements 2023: Domain-wise Split
- IIM Jammu Placements 2023: Sector-wise Split
- IIM Jammu Final Placements 2023: Top Recruiters
- IIM Jammu Placements: 2023 vs 2022 vs 2021
- Campus-wise IIM Placement Reports 2023
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.
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 |
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.
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Student Forum
Anything you would want to ask experts?Answered 4 weeks ago
IIM Jammu MBA admission cycle commences with the release of CAT notification. The selection is based on exam score and performance in selection rounds. Candidates who meet the eligibility criteria can go to the official website of CAT to register and apply. The CAT application process is carried out
P
Contributor-Level 9
Answered a month ago
Indian Institute of Management–Jammu is a new IIM which focuses on strong academic values under the guidance of expert faculty members with years of experince. The institute has decent placements; the highest and average package offers are INR 32 LPA and INR 14.01 LPA. The other side of IIM Jammu is
A
Contributor-Level 8
Answered a month ago
Indian Institute of Management Jammu offers admission based on merit and entrance exams. The institute accepts national entrance exams such as CAT for admission to the MBA programme. After qualifying for the exam, students must appear for a personal interview for admission. Candidates must qualify f
A
Contributor-Level 8
Answered a month ago
No, Indian Institute of Management Jammu does not accept direct admission. The institute accepts admission based on the entrance exam. IIM Jammu accepts the CAT (Common Admission Test) for MBA admission. After qualifying for the exam, students need to appear for the personal interview.
A
Contributor-Level 8
Answered a month ago
IIM Jammu has a positive and vibrant campus life. The institute also organises cultural festivals and social activities to interact with students. The institute is located near several good cafes and restaurants, providing a great opportunity to unwind from daily life. Festivals are celebrated with
A
Contributor-Level 8
Answered a month ago
Yes, the Indian Institute of Management Jammu is comparatively expensive compared to other institutes. The fee structure of the programme ranges between INR 3.02 Lacs and INR 30.85 lakh. The fee structure includes multiple components such as tuition fee, caution fee, security, and others. The fee ma
L
Contributor-Level 9
Answered 3 months ago
To get admission to IIM Jammu where studnets generally need to clear the Common Entrance Test (CAT) and then participate in institute selection process. It includes the Personal Interview and Written Ability Test. The specific CAT percentile required for shortlisting may vary each year and by catego
U
Contributor-Level 8
Answered 3 months ago
Indian Institute of Management offers both entrance-based and merit-based admissions. Candidates must fulfill the eligibility criteria for MBA programme admission. Find below eligibility, and selection criteria.
Particulars | Details For MBA |
|---|---|
Eligibility Criteria | Possess Engineering/ Technology degree in relevant branch with 60% aggregate (55% for SC/ ST/ PWD candidates) |
Accepted Entrance Exam | CAT/ GATE/ GMAT/ GRE |
Selection criteria | GD-PI process |
A
Contributor-Level 8
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)