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Questions Asked On IIM Jammu, Jammu
Is it advisable to go for a new IIM like IIM Jammu and do MBA? It is being mentored by IIM Lucknow so will placement be also mentored by them?
You should consider your other options as well. IIM Jammu is a baby IIM and it still hasn’t made its way into the top B-School list. Although it has improved over the years. IIM Jammu placements are similar to that of the baby IIMs. In 2022, the average and highest CTC offered were INR 13.53 LPA, and INR 32 LPA, respectively.
In terms of return on investment, IIM Jammu is a good option. Due to the small batch size, the number of companies taking part in the campus placements is more than the number of students participating. So, students get a fair chance at getting good placements.
Which IIM is better considering all the factors IIM Bodhgaya or IIM Jammu?
You should choose IIM Bodhgaya between these two. Since IIM Calcutta is the mentor institute, you will be taught by the faculties of IIM C. The placements of IIM Bodhgaya are also managed by IIM Calcutta, so you can expect good placement offers. The batch of 2022 students received an average CTC of INR 12.36 LPA.
How good is IIM Jammu when compared to other non IIM B-schools?
IIM Jammu is a decent B-School. Although it is among the new IIMs, it has improved a lot over the last few years. IIM J offers a hands-on learning experience with a case-study-based pedagogy. You will get exposure to real-world corporate problems. Students get the opportunity to take part in various clubs and committee activities.
IIM Jammu placements have witnessed an upward surge, over the last few years. According to 2022 placement highlights, students received an average CTC of INR 13.53 LPA. While the highest CTC offered was INR 32 LPA.
How is IIM Jammu in terms of exposure and placements?
IIM Jammu is good in terms of exposure and placements. The 2022 placement drive ended with an average CTC of INR 13.53 LPA. While the highest CTC offered was INR 32 LPA. A total 0f 119 companies took part in the IIM Jammu placement this year and offered 222 job offers. Deloitte, Amazon, Wipro, Collegedunia, etc. were among the major recruiters that took part in the placement drive. Students of the institute get recruited as Operations Managers, Area Managers, Financial Analysts, Research Associates, etc.
What is the London Immersion program of IIM Jammu?
The program is a 6-week credit course held at the ESCP, the oldest business school in the world. The course included finance, marketing, philosophy, business environment, and many other interesting subjects.
Now, this program has been replaced with the Student Exchange Program (STEP) of IIM Jammu. Under this, you will be sent to different institutes of Europe for a duration of 3-4 months. This program aims at developing better interaction, experiential learning, international connections, and a global outlook.
The students will be studying in these institutes and will undertake examinations there as well. Their grades will then get transferred back to the main institute.
Is it advisable to go for new IIM like IIM Jammu and do MBA? It is being mentored by IIM Lucknow so will placement be also mentored by them?
IIM Lucknow has been mentoring IIM Jammu since its inception. It has the same faculty from IIM Lucknow except for one or two subjects. The course curriculum is exactly the same as that of IIM Lucknow. The mentorship of IIM Lucknow is limited to the academics of IIM Jammu and it does not influence the placements.
Academics:
The total course fee of MBA at IIM Jammu is INR 13,80,000. In 2019 the CAT cutoff of MBA for the general category and OBC category students was 95 and 78 respectively. The faculty at this university is quite good as most of the faculty members are from IIM Lucknow.
Placements:
In terms of placements, IIM Jammu is still improving. According to the placement statistics of 2019, students were offered an 11.2 LPA average package and the highest package was around 24.5 LPA. Over the year IIM Jammu had more than a 10% increase in the average salary. The total number of recruiting companies that visited the placement drive in 2019 was 84.
MoUs:
IIM Jammu has also signed the MoU with ICAI (The Institute of Chartered Accountants of India) with a mutual aim of partnering together to offer executive training programs solely for the Chartered Accountants.
For a new institute like IIM Jammu, it would take time to get the cycle of big companies to come and hire from these colleges. As for whether or not you should join the institute the decision should be yours.
Which IIM should I choose amongst Bodh Gaya, Sirmaur, and Jammu?
All the 3 B Schools you mentioned have been established recently and are not very different from each other. My sister is an IIM Jammu pass out so I will mention whatever I know of that particular IIM only.
- It was established in 2016 and initially functioned under IIM Lucknow but now runs as an autonomous school.
- Located in the heart of Jammu city, IIM Jammu gives an edge over other new IIMs because of better connectivity.
- The campus life is a blend of a hectic schedule with tight deadlines that will always keep you on your toes
- Emphasis is also placed on extracurricular activities through sports, cultural and regional events. The Annual Sports Event “Funathon” is conducted to showcase the talents of students in sports.
- Great exposure is provided to students
- through various Guest Lectures and various events like HR Conclave and CEO Summit
- Being a new IIM, the student-driven culture is at its peak here. You are responsible for solving issues related to the establishment of clubs and committees.
So I think IIM Jammu is probably a good choice.
Is IPM program of IIM Jammu and IIM Bodh Gaya worth it?
Yes, the IPM program of IIM Jammu and Bodh Gaya is definitely worth it. The points below will further justify its worth
- Investing in a new institute like IIM Jammu and Bodh Gaya provides long-term benefits that you will be able to avail yourself a few years from now.
- Being an IIM, the faculty pool is definitely the best
- The curriculum is well structured and renders enough exposure.
- The summer internship and projects also play a major role in grooming students
- The crowd comprises people from various walks of life and hence better peer learning experience
So joining the IPM program at IIM Bodh Gaya is worth it and will reap you benefits after some years.
Should IIMs opened in 2015 (Jammu Sirmaur Vizag Nagpur) be preferred over IMT Ghaziabad?
No, I don't think the new IIMs should be preferred over a well-established institute like IMT Ghaziabad. I have seen many instances wherein people forgo offers from new IIMs to join IMT Ghaziabad.
The IIM brand has failed to convince students to join the new IIMs for a diploma. A cursory glance at the low placement figures last year at some of the relatively newer IIMs (Raipur, Rohtak, Ranchi, Kashipur, and Udaipur) when compared to their older counterparts, too, tells its own story.
Another important issue for management aspirants is that even if they are okay with the lack of infrastructure, full-time faculty members, and alumni, they cannot ignore the delayed start to the sessions at the new IIMs. While faculty members think that this time gap in starting operations can be bridged easily, students feel that they might lose out on their summer internships.
Are colleges like LBSIM/FORE better than? IIM Nagpur, Sambalpur, Sirmaur, and Jammu?
Top B Schools like LBSIM/FORE are incomparable to the new IIMs. They have been established for decades and the new IIMs cannot be included in them at least in the near future. Although some might say that some new IIMs are under the mentorship of old IIMs like Lucknow, they haven’t made the mark yet. Whereas the already leading B Schools LMSIM and FORE are on the verge of making it to the top. Even the IIM tag is of little value here.
Let me explain this through an example. You go to buy an electronic device and purchase a branded device. Yet the model is a very old one. It is of little value despite being branded. Same is the case here. The new IIMs do give you the IIM tag but it is of little worth.
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