IIM Jammu Placement & Packages 2021: Process, Lowest, Highest Packages

IIM Jammu Placement & Packages 2021: Process, Lowest, Highest Packages

ByAditi Joshi  |  Updated on: Oct 8, 2021IIM Jammu 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
IIM Jammu 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
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IIM Jammu Placements Key Highlights 2021

IIM Jammu has a well-defined curriculum that focuses on the training and developing skills necessary for a successful career in the industry. Apart from classroom learning, students undergo rigorous training in group projects, case studies, business simulations, and role-plays, apart from valuable work experience gained during the summer internships and final placement drives.

The institute has state-of-the-art infrastructure and facilities such as an online library with over 2,000 titles and 30,000 volumes; a fully automated investment lab; fully functional computerized classrooms; well-equipped labs for operations research and analytics; an international conference hall; cafeteria, and residential facilities to host guests and corporate visitors; high-end hostel facilities with sports and recreational facilities.

The institute is also home to over 50 companies across technology and IT, finance and consulting, FMCG and retail, healthcare and life sciences, media and entertainment, manufacturing, infrastructure and construction, and aerospace and defence.

The efforts of the institute have paid off in terms of placements. According to placement statistics released by IIM Jammu, the institute's students have had an average salary package of Rs 10.34 Lakhs during 2020-21. This year, they have received more than 100 job offers before the commencement of the summer internships.

IIM Jammu Placements 2021 Highlights:

Particulars

Statistics

Placement Year

2021

No. of Offers

100+

No. of Companies Visited

121

IIM Jammu Placements 2021-23 Highest Packages

Rs. 32 LPA.

IIM Jammu Average Package

Rs. 10.34 LPA.

Top Job Roles

Financial Analyst, Marketing Analyst, Program Manager, Product Manager, Sales, etc.

Top Recruiters

Tata Power, Volvo, Eicher, Deloitte, Maruti Suzuki, TCS, Tech Mahindra, etc.

IIM Jammu Placements Process 2021

Students are trained to communicate their ideas during group discussions and presentations effectively. The case teaching method is used to develop students' problem-solving skills, who are also taught how to effectively present their ideas before a client or a board of directors.

The Placement Cell, IIM-Jammu, has been highly proactive in its approach towards the job placements of its students. The team at the cell has streamlined the entire recruitment process and continuously strives to improve upon it.

The institute offers three-year full-time Post Graduate Programmes for candidates who have completed their undergraduate degree courses from any recognized university. The courses offered are primarily intended for high-potential candidates who have demonstrated an aptitude for business analysis and decision-making. Aspiring students need to appear for the Common Admission Test (CAT).

Students can choose from various specializations, including Marketing Management, Human Resource Management, Finance Management, Operation Management, and Information Systems. The curriculum is designed to cover almost all aspects of management and entrepreneurship to provide a solid foundation to the students.

The Placement Cell of IIM-Jammu is headed by the Placement Officer, assisted by the Assistant Placement Officer. The Placement Cell has a well-organized office to coordinate with the companies and students towards achieving an efficient placement process.

The IIM-J campus provides excellent infrastructure facilities to both students and employers. IIM-JMU offers an ideal platform to reach out to prospective candidates with increasing demand for management professionals. The campus placement cell provides an environment that helps companies recruit quality candidates and facilitates students receiving job offers through industry-oriented training, regular talks by industry experts, and interaction with professionals.

IIM Jammu Placements Reports 2021

The IIM Placements Report 2020-21 has been released. The report shows that the average salary offered during the placement season was Rs 10.34 lakhs, with no significant change visible from the previous year.

The highest salary of Rs 32 lakhs was offered to a student in the Edtech sector, followed by Consulting and BFSI sectors. The maximum number of students were offered jobs in the Education and Ed-tech sector (16.05%), followed by BFSI (14.14) and Energy (12%), followed by FMCG (11.25%).

The highest package offered to any student was Rs 32 Lakhs, significantly higher than last year. Edtech saw an increase of 22.9% in average package size, which is the highest amongst all sectors this year, with an average package size of Rs 10.34 Lakhs per annum.

IIM Jammu Sector-wise Placements

The survey done by IIM Jammu reveals that top placements are happening in the consulting sector, which is entirely consistent with previous years. The winning sectors are Consulting & General Management and Education and Ed-tech sector this year, and they have retained their positions from last year.

Here is a tabular section of the sector-wise placement details:

Respective Sector-Wise Allocation

% Of Placements Allocation

Education and Technology

16.05%

IT/Analytics

9.5%

BFSI

14.4%

Consulting/Management

9.4%

Logistics

7%

Manufacturing

10.83%

Others

8%

FMCG

11.25%

Energy

12%

IIM Jammu Function-wise Placements

The students are provided with ample opportunity to network with the recruiters and interact with them. These interactions help the students get selected by the companies and give them an insight into the functioning of various organizations. The Placement Cell also organizes mock interviews, group discussions, and workshops to prepare the students for their interviews.

The placement process spans three phases, namely, pre-placement offers, campus placement, and final placement.

Pre Placement Offers (PPOs):

The Placement Cell has tied up with leading corporates for conducting PPOs for post-graduate students. The duration of these PPOs ranges from one week to one month, depending on the industry requirement and availability of slots by the companies. The PPOs are generally conducted during December or January after the semester exams are over.

Campus Placements:

The first phase of campus recruitment is handled by the Career Development Centre (CDC). CDC helps final year students prepare for their interviews through workshops, mock interviews, etc. CDC also helps first-year students prepare for their interviews during summer internships/projects/case studies, etc. Students are tested on various parameters like aptitude, fitment, etc.

Related Links
IIM Jammu Admission 2021IIM Jammu 2021
IIM Jammu Courses, Fees 

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Aditi JoshiAditi JoshiMember since Mar 2021
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  • The highest pay package provided to the IIM Jammu students was approximately 32 Lakhs per annum to ensure that it followed the industry standards.

  • This year's placements trends in IIM Jammu reflect a 15% increment in the highest salary package offered to the batch and a 30% increment in the batch size.

  • The maximum number of students were offered jobs in the Education and Ed-tech sector (16.05%), followed by BFSI (14.14), and Energy (12%), followed by FMCG (11.25%).

  • The top recruiter's companies for the IIM Jammu included the following companies: Tata Power, Volvo, Eicher, Deloitte, Maruti Suzuki, TCS, Tech Mahindra, etc.

  • The average placement package of the MBA finalists is approximately INR 10.34 lakhs at IIM Jammu graduate.

  • The National Institutional Ranking Framework (NIRF) has ranked the IIM Jammu Institute the 76th top 100 business schools.

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