IIM Jammu’s placement packages see 31% increase

IIM Jammu

Jammu

The Indian Institute of Management (IIM) Jammu has released its final placement reports for the fifth batch of the Post Graduate Programme in Management (MBA 2020-22). A total 119 companies participated in the final placement process. The entire process was conducted virtually, the institute stated.

A total of 217 MBA students appeared for the final placements. The highest CTC stood at Rs 32 lakh per annum, the top quartile CTC at Rs 29. 80 lakh per annum, while the average and median CTC stood at Rs 13.53 lakh per annum and 11.4 lakh per annum respectively. A total of 222 offers were received in comparison to 104 offers last year, IIM Jammu said in an official statement.

Prof BS Sahay, Director, IIM Jammu said, “Better placements over the last year indicate an optimistic placement scenario despite fears about the new variant of virus omicron surfacing and posing to affect the business economy throughout the globe. 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. Despite the difficulties posed by the pandemic, IIM Jammu was able to adapt to the new normal and was able to conduct the entire process smoothly online,” he added.

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