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Is it good to take admission in IIM Jammu? Currently I am in Infosys Hyderabad with 1.8 years of experience.
Yes, I think it’s a fairly good decision to take admission to IIM Jammu. This is because in the long run your IIM degree and tag will be very beneficial.
I know you might think that IIM Jammu is just a newly established institute and may not be worth leaving a job at Infosys. But if you look at the placement scenario here you can see how quickly it has come to establish itself in the IIM Race.
|
Particulars |
Statistics |
|
Number of participants |
217 |
|
Number of offers |
222 |
|
Highest Package |
INR 32 LPA |
|
Average Package |
INR 13.53 LPA |
|
Median Package |
INR 11.4 LPA |
|
Number of Companies visited |
119 |
These figures certainly prove that IIM Jammu is climbing the ladder slowly and steadily.
Apart from placements, the following merits add to its worth
- Many events are held by the students themselves like the HULT case competition.
- The climate is much similar to that of Delhi. If anything it is much cleaner and fresher here.
- The faculty is also top-notch
- The infrastructure is also pretty good
So IIM is itself a brand name. You will not regret choosing any IIM be it IIM Jammu or any other.
Which one should I choose between IIM Jammu and IIM Bodh Gaya?
It’s up to you to decide which college to go to. I can only throw some light on the advantages IIM Jammu has over other newly established IIMs including IIM Bodh Gaya
- It was established in 2016 and initially was affiliated with IIM Lucknow but in 2019 it became an autonomous body.
- It’s located in the center of Jammu in the vicinity of the airport, the railway station, and the bus stand and therefore offers excellent connectivity.
- The students face a tight schedule and are well prepared for corporate life.
- Great emphasis is placed on extracurricular activities.
- The Annual Sports Event “Funathon” is held to showcase the talents of students in sports.
- Guest lectures, HR Conclave, and CEO Summit make it possible for the students to have a one-to-one interaction with Industry experts.
- Various clubs and committees are maintained by the students as well as the faculty.
These points are based on my friends' experience only. If you ask others I am sure you will see mixed responses. This is because both the IIMs are newly established and don’t have much difference.
What is the London Immersion program of IIM Jammu?
IIM Jammu has stopped its Student Immersion Program. The same has been replaced with its Student Exchange Program. IIM Jammu has ties with 7 foreign colleges from Europe (including Greece), and talks are in place with 2 other colleges.
Under this program, select students from IIM Jammu get a chance to spend a trimester at one of these foreign colleges. For the same duration, some students from that particular college are called to the IIM Jammu campus. IIM Jammu selects its students for the exchange program based on merit.
The exchange program is a great learning experience which offers plenty of exposure to students from both sides.
How do IIM and IIT students from Jammu (J & K) study in a conflict environment? Do their parents allow them to study there?
Unlike the general misconception, Jammu is as safe as any other city in India. Only Kashmir is inflicted by riots and has a conflict environment. My sister had no doubts when she made the decision to pursue MBA from IIM Jammu. In fact, even our parents did not worry about her relentlessly.
As a part, a little concern on their part is justified. But if the riots and conflicts are the reason your parents can rest assured as Jammu is a very safe city.
Moreover, IITs and IIMs are institutes of great national importance. Hence strict regulations are imposed to maintain safety within the campus.
Are there any placement ideas about the IIM Jammu?
IIM Jammu has released its placement report for the MBA batch of 2021-2023.
As per the official data, the average CTC for the batch was Rs. 16.50 LPA. The median CTC was Rs. 15.25 LPA, and the highest CTC was Rs. 64 LPA. The top 10% students received an average CTC of Rs. 32.04 LPA. This figure was Rs. 24.50 LPA for the top 25% students. The average CTC for freshers was Rs. 15.68 LPA.
126 recruiters visited the campus for placements. The highest offers were received from the Marketing/Sales domain (26%). The highest CTC were offered by the Operations domain (Avg. Rs. 27.33 LPA). The list of prominent recruiters included Aditya Birla Group, Cognizant, ICICI Bank, Adani, KPMG, HDFC Bank, and many others.
You can view the other details of 2023 placements from the official report of IIM Jammu.
A student from my college has been selected in IIM Jammu for an MBA program. He can't afford the fee. What are his options?
There are various options available for students who get selected in top Indian institutions like IITs and IIMs. IIMs offer scholarships, cash prizes during competitions, and other financial benefits to the students. I can tell you about the student loan that I secured from the bank to complete my education at IIM Indore.
Banks willingly provide education loans at low-interest rates to meritorious students of IIMs because of the credibility of IIMs and the good earning prospect of the students. There are a few requirements for securing the loan-
- The student must produce their original passport before the bank to prove their Indian citizenship. This is because banks, and particularly public sector banks do not fund the education of foreign students.
- The banks also check the Cibil score of all loan applicants. This needs to be a minimum of 700 if not 750 or more.
- Other than the applicant, there must be a co-applicant. The co-applicant must be in service or must run a business. They must earn a minimum specified amount acceptable to the bank.
For other options like scholarships and financial assistance, the student should consider contacting the IIM Jammu office and explaining his situation. Even philanthropic institutions can be of help to him.
Where shall I pursue my MBA, Welingkar Mumbai or IIM Jammu?
You should pursue an MBA at IIM Jammu. Your decision in this case should be influenced by the IIM's strong reputation for quality and the respect you receive from those around you. The following are the reasons behind the same:
- Money is always a motivator for candidates to pursue their dreams, allowing them to dream bigger. In both institutes, the package is nearly identical. It can vary, but if you are an intelligent candidate in both institutes, you can safely assume more than the 10LPA package.
- If not for a better package, it could be for learning business models, getting structured thought processes, starting your own business, or making the right business connections.
- IIM Jammu has strong ties with all HR professionals in the industry. It holds a variety of events at the institute on a regular basis. Students may participate in community activities.
- It has also partnered with Entrepreneurship cells and top business people in J&K to connect you with the right people. You have a fantastic library, a fantastic curriculum, and, of course, a fantastic environment in which to feel happy and positively imbibe what you are taught and experienced into your brain and heart.
Without a doubt, IIM Jammu is a perfect platform for one to enjoy and live in a very peaceful and aesthetic place, with nice people around you, while maintaining professionalism. It has a cultural festival, a sports festival, numerous fun events, celebrations, and so on that, you will remember for the rest of your life.
IIM Jammu vs Fore. Which is better?
For its 2020-22 batch, FORE School of Management has completed 100% placement as early as January 2022. FORE has a higher average salary of Rs.14.04 lakhs per annum and the highest international salary of Rs.41 lakhs per annum, while the highest domestic salary is Rs.23.5 lakhs per annum. The highest package at IIM Jammu, on the other hand, is INR 32 LPA, while the average and median packages are INR 13.53 LPA and INR 11.4 LPA, respectively.
FORE is ranked 60th in the management category in the NIRF listing 2022, while IIM Jammu is ranked 36th.
Should I join IIM Jammu or continue working? Work experience is 3.5 years.
The ideal number of years of work experience for an Indian business school's standard 2-year MBA program is between 2-3. However, in the United States, the ideal work experience for the MBA program is 5 years or more. Also, in India, if you can get into top schools, your higher work experience can be compensated. With this work experience, IIM Jammu will never be a good fit.
If you drop this year and try again next year, your work experience will be around 5 years, and the funnel will need to be even narrower for the 2-year program. Another option is to attend a foreign business school, but this will be expensive.
In light of the fact that an MBA is more of an investment than an academic achievement, you are advised to proceed with caution. Furthermore, the program moves at a breakneck pace. Make a thoughtful decision by taking some time to think things through.
Which one is better, IIM Jammu or Great Lakes Chennai?
Some students pursue an MBA/PGPM to learn about various aspects of business and management; others pursue it to network, and still, others pursue it to gain expertise in a specific field. However, everyone does it in order to succeed for the whole of their long career and advance their professional prospects. Management positions, consultants, human resources professionals, and entrepreneurs are all possible career paths.
Having said that, an MBA/PGDM program should be objectively evaluated as well as subjectively positioned. The structure, outcomes, exposure, and career services of the program should be updated on a regular basis.
- Looking at Great Lakes Chennai, both its PGPM (with 2+ years of work experience) and PGDM (with 0-2 years of work experience) programs are designed to incorporate global recurring changes into themselves, to transform management graduates into future-ready executives, and to instill in graduates a sense of compassion and social responsibility, both of which are essential for managers of tomorrow.
Great Lakes' application-oriented teaching-learning pedagogy and holistic learning environment enable it to provide its graduates with excellent career opportunities.
For PGDM, the average CTC offered to the Class of 2022 increased by 13% to INR 12.5 LPA, with a multinational consulting firm offering the highest domestic CTC of INR 25.8 LPA. Bain, McKinsey, JP Morgan Chase, Adobe, Nestlé, EY India, HP, ITC, PayU, Accenture, Cognizant, ICRA, Crisil, TAS, Société Générale, Deloitte, Swiggy, Standard Chartered, and Wells Fargo are some notable recruiters. The Class of 2022 (PGPM) had an excellent season, with the batch's average CTC increasing by 31% from 13.6 lakhs p.a. to 17.86 lakhs p.a. A major multinational software products corporation offered the batch the highest domestic CTC of 35 lakhs per year. Major recruiters such as Microsoft, Accenture, ADP, Bain, Bristlecone, Deloitte, Cognizant, EY GDS, FedEx, HCL, Infosys, Incedo, Optum, Tiger Analytics, Zoom, and ZS Associates participated in the season.
- When it comes to IIM Jammu, despite being a relatively new institute, it has come a long way, with significantly improved and fairly decent placements available to its graduates.
While the IIM brand is one of the most obvious advantages of IIM Jammu, leveraging the IIM brand would take years. People should not join the institute solely for the IIM brand. During the 2022 placement drive, 119 companies participated and 217 students applied for placements, resulting in a high number of placements.
The entire procedure was carried out virtually. The average CTC increased by 13% to INR 13.53 LPA, with the highest CTC at INR 32 LPA. The institute also released its summer internship placement report for the class of 2022, in which 100% of students were offered internships and the highest stipend was INR 3 Lakhs, while the average stipend was INR 44.8K. Accenture, Amazon, Aditya Birla Group, BYJU's, Deloitte, CollegeDunia, HDFC Bank, Infosys, ICICI Bank, Optum, and PwC were among the recruiters who took part in the 2022 placement drive.
The first choice between the two is GLIM, Chennai, which offers a fantastic and promising career.
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