IIT Jammu Placements: Check highest CTC, batch size increase; average salary declines

The number of offers has not been steadily increasing. While the number of offers increased from 61 in 2019-20 to 95 in 2020-21 and to 230 in 2021-22, the number decreased to 224 in 2022-23.

IIT Jammu is recognised as an “Institute of National Importance” under the “Institutes of Technology Act” of 1961. (Representative image. File)

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The Indian Institute of Technology, Jammu has observed a steady increase in the highest CTC offered in the placements. However, there’s a decline in the average CTC.

Plans to establish IIT Jammu were announced in the Union Budget 2014-15, and the institute was inaugurated on August 6, 2016. IIT Jammu welcomed the first batch of students into the campus in Paloura, Jammu, with the initial guidance provided by IIT Delhi.

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The batch size of IIT Jammu has increased from 79 in the initial years to 253 in 2022-23. The number of registered students, too, has increased from 78 in 2019-20 to 103 in 2020-21, 153 in 2021-22, and 222 in 2022-23.

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IIT Jammu has seen several ups and downs in the placement seasons, since its inception. (Source: IIT Jammu)

In the initial year, only 39 companies visited the campus for the placement season, but the number gradually increased to 91 in 2020-21, 118 in 2021-22 and reached 129 in 2022-23. The number of offers, however, has not been steadily increasing — from 61 in 2019-20 to 95 in 2020-21 and to 230 in 2021-22, the number went down to 224 in 2022-23.

The average CTC in 2019-20 was Rs 12.28 lakh per annum, which saw a dip to Rs 11.36 lakh per annum in 2020-21. However, the average CTC dramatically increased to Rs 19.34 lakh per annum in 2021-22, but once again decreased to Rs 17 lakh per annum in 2022-23.

A similar trend was observed in the highest CTC where the highest package was Rs 40 lakh per annum in 2019-20, which fell to Rs 32 lakh per annum in 2020-21, only to see a dramatic increase to Rs 52 lakh per annum in 2021-22 and then to Rs 53 lakh per annum in 2022-23.

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