After a tepid response for the first few batches, the Indian Institute of Management (IIM) Jammu, has finally started getting response to its MBA programme. The IIM campus, currently based out of the old Jammu University, will soon start work on its Rs 450-crore premises, Milind Kamble, chairman, board of governors, IIM Jammu, said. An off-line campus to take management programmes to Srinagar has also been planned and the institute will invest another Rs 55 crore on this campus. The Srinagar facility will take some time, Kamble said. The institute has got 200 acres, 40 km from Jammu city on the Katra Road for the Jammu IIM campus with an IIT campus in the neighbourhood. Kamble said during the initial years the institute was not able to fill up its 160 seats as there were no takers. There were only 47 students in first year, 62 in the second year, 58 in the third year and 97 students last year. There was no women candidates last year but this time more than 30% of the seats have been taken up by women joining the MBA programme, Kamble said.
A total 84 companies have participated in the final placement process for a batch of 58 students. The 3 rd Batch of MBA has received the highest domestic CTC of INR 24.5 LPA. The average and median CTC of all the placed students stands at 10.6 LPA and 10.0 LPA respectively. Some of the prominent recruiters this year include Deloitte, Motilal Oswal, Kancor Ingredients Ltd., Tata Power, BrowserStack, Tech Mahindra, TresVista, CCIL, Citi Bank, Euromonitor International, Hiranandani among others. Not just the recruiters, the lucrative roles offered to the batch highlights the quality of the placements given to our students.