IIM Jammu records 100% placement; Highest offer at Rs 64 lakh

NEW DELHI: The Indian Institute of Management Jammu (IIM-J) concludes its campus placement for the 2021-23 batch for the post graduate students in the master of business administration (MBA) programme with 100% placement. The highest domestic salary was recorded at Rs 64 lakh per annum.

A total of 239 students appeared for the IIM Jammu placement process for job roles in domains such as product management, marketing, consulting, finance and general management. The top 10 percentile of the students received a CTC of Rs 32.4 lakh per annum while the top quartile was at Rs 24.5 lakh per annum.

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The IIM Jammu average salary stood at Rs 16.43 lakh and the median salary is at Rs 15.25 lakh per annum. Over 135 companies participated at the campus placements this year. Participating companies included Microsoft, Mckinsey and Company, EXL, Brillio, Cognizant, Zycus, Amazon, Target, Reliance Retail, Aditya Birla Fashion and Retail, State Street, ICICI Bank, SBI Capital Markets, Yes Bank, Kotak Mahindra Bank, Mahindra and Mahindra, Mercedes Benz, Maruti Suzuki, Amara Raja Group, EY, KPMG, Deloitte, CRISIL, Kantar, Affinity Global, JLL, Shobha Reality, Vedanta, Tata Power, AM/NS, Adani Group, Carlsberg, DS Group, Bombay Shaving Company, BenQ, Wildcraft among others.

Speaking about the campus placements, IIM Jammu, director, BS Sahay, said: "100 % placements over the last year indicate an optimistic placement scenario. From the very beginning, IIM Jammu has set high standards for outstanding value-based quality education, high-quality research, executive education, consultancy, and strong corporate as well as international linkages. Despite the considerable increase in the batch size from the previous year, we are proud to announce this year's placement season to be a resounding success.”

Talking about the success of the placement season, IIMJ placements chairperson and professor, Jabir Ali, said: “A jump was witnessed in the average, median & highest package offered this year. The success of the placements season is driven by the trust of the recruiters in IIM Jammu”.