IIM Jammu releases placement reports



JAMMU: Indian Institute of Management (IIM), Jammu on Sunday released its official Placement Reports, both for final as well as summer placements for fourth and fifth batch. The placement scenario at IIM Jammu has been on the rise with 121 companies visiting for final placements and 116 for the summers.
A total of 94 students of 4th Batch of MBA appeared for the final placements, said Prof. B.S. Sahay, Director, IIM Jammu. He added that the campus saw prominent recruiters like Deloitte, Maruti Suzuki India Ltd., HCL, Tata Power, Tech Mahindra, ICICI Bank, and in addition hosted new recruiters like ArcelorMittal Nippon Steel India Limited, CEAT, Kotak Mahindra, and Vedanta along with several others.
The highest CTC stood at Rs 32 LPA, the top quartile CTC at Rs 14.48 LPA, while the average and median CTC stood at Rs 10.34 LPA and Rs 10 LPA respectively. A total of 104 offers were received out of which three were self-sourced, he said. The 5th batch of the institute’s flagship program comprises of 223 students appeared for the summer placements. With more than 116 companies visited for summer internship placement, he said, IIM Jammu became one of the preferred campuses for recruiters. Placement activity was coordinated by Prof. Jabir Ali and Dr. Baljeet Singh, Chairperson and Co-ChairpersonPlacements, respectively, at IIM Jammu.
Prof. Sahay expressed gratitude to the recruiters who persistently supported the institute in these difficult times of ongoing COVID pandemic and looks forward to bolstering these relationships for years to come.