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ApplyIIM Amritsar placement cell managed recruitment for its MBA batch 2024. For the IIM Amritsar placement 2024, more than 250 recruiters visited the campus offering placement offers to IIM Amritsar students. The IIM Amritsar highest salary package offered was Rs 58.52 LPA, and the IIM Amritsar average package was Rs 19.73 LPA.
The IIM Amritsar median package was Rs 18.01 LPA. IIM Amritsar placements consisted of two parts: summer placements that fall in October and final placements that start in November. The IIM Amritsar placement committee supervised the overall placement process at IIM Amritsar.
Also See: IIM Amritsar Courses
Refer the table given below to see the key highlights of IIM Amritsar placements.
Particulars | Details |
Number of Companies Visited | 250+ |
Number of New Recruiters | 120+ |
Highest International Package | Rs 58.52 LPA |
Highest Domestic Package | Rs 28 LPA |
Top Quartile Average Package | Rs 19.73 LPA |
Top Quartile Median Package | Rs 18.01 LPA |
The summer placement for the MBA batch of 2023-2025 of IIM Amritsar has concluded. Students of the batch have been offered internships by more than 200 companies, which include companies such as Adobe, Arcesium, Cipla, Coca-Cola, Microsoft and the like. The IIM Amritsar highest stipend is Rs 2,75,000 and the average stipend of the top quartile is Rs 1,34,000.
The table given below gives details of the IIM Amritsar placements during summer of 2024 for batch 2023-25.
Particulars | Details |
Number of Companies Participated | 200+ |
Number of Students Placed | 279 |
Highest Stipend | Rs 2,75,000 |
Top Quartile Average Stipend | Rs 1,34,000 |
In the IIM Amritsar Placement for the MBA batch of 2023-2025, companies from various industries, including manufacturing, IT, education and consulting, took part and offered internships to the students. Here, in the table below, you can see the industry-wise data of the IIM Amritsar Summer Placement 2024.
Industry | Percentage |
BFSI | 34% |
Ecommerce/Retails / Advertising | 8% |
IT / Technology / Analytics | 12% |
Manufacturing/Logistics | 10% |
Consulting | 8% |
FMCG/FMCD | 4% |
Education/EdTech | 17% |
Healthcare | 4% |
Others | 3% |
Check out the table to know the domain-wise data of IIM Amritsar Placement 2024. The sales/ marketing domain marked the highest percentage of 41%, followed by finance, which secured 31% placements each.
Domain | Percentage |
Marketing/ sales | 41% |
Operations/SCM | 4% |
Consulting/Strategy | 11% |
Finance | 31% |
IT/Analytics | 4% |
HR | 4% |
General Management | 2% |
Product Management | 2% |
More than 105 recruiters were part of the IIM Amritsar placement 2023. Out of them, 50 companies, including Adani Group, Acuity Knowledge Partners, Cognizant, Dalmia Bharat, Dell, Birlasoft and BMW, were new to the cohort of recruiters. The table below shows some of the top recruiters of IIM Amritsar placement 2023.
Adani | Amul | American Express |
Apollo | Dabur | Essar |
EY | GAIL | Mother Dairy |
Infosys | NSE | L&T |
Red Bull | Reliance | ICICI Bank |
Refer the table given below to see the key highlights of IIM Amritsar placements.
Particulars | Details |
Number of Companies Visited | 120+ |
Number of Students Placed | 257 |
Number of Pre-placement Offers | 25 |
Highest Salary | Rs 36.25 Lakhs |
Top Quartile Salary Offered | Rs 20.57 Lakhs |
Top 50% Average Salary | Rs 19.54 Lakhs |
Median Salary | Rs 16 Lakhs |
Average Salary | Rs 16.51 lakhs |
Top Industry | BFSI / Fintech |
Top Domain | Marketing |
Also See: IIM Amritsar Admissions
Let us check out the year-wise analysis of the IIM Amritsar Placement, as these provide greater clarity about the trends of the highest and average IIM Amritsar package. The trends include details for IIM Amritsar placement 2023, 2022 and 2021.
Particulars | 2023 | 2022 | 2021 |
Highest Salary | Rs. 36.25 Lakhs | Rs. 25.21 Lakhs | Rs 18.16 Lakhs |
Average Salary | Rs. 16.51 lakhs | Rs. 14.63 Lakhs | Rs 12.67 Lakhs |
For the IIM Amritsar placement for the MBA batch of 2022-24, companies from various industries participated and recruited students, including those from domains such as e-commerce, technology, finance, consulting, education, manufacturing, pharmaceuticals and analytics.
Refer to the table and chart below to gain insights about industry-wise recruitments for IIM Amritsar placement 2023:
Industry | Percentage |
BFSI | 31% |
IT / Technology / Analytics | 29% |
Consulting | 13% |
Manufacturing/ Logistics | 10% |
Ecommerce/ Retails/ Advertising | 6% |
Development/ Construction | 5% |
FMCG / FMCD | 4% |
Automobile | 2% |
The table below shows IIM Amritsar placement domain-wise data for MBA batch 2022-24. In the IIM Amritsar placement 2023, the top three domains of MBA were Consulting/Strategy, Finance and Sales & Marketing with 30%, 24% and 17% of the total placements, respectively.
Domain | Percentage |
Consulting/Strategy | 30% |
Finance | 24% |
Sales & Marketing | 17% |
IT/Analytics | 14% |
Others | 16% |
In the IIM Amritsar placement 2023, IIM Amritsar has secured 100% placements. The placements Committee at IIM Amritsar is a body of students that works under the supervision of the Placement Chair and Placement Office responsible for the IIM Amritsar placement. The placements Committee ensures that graduating students get the best possible opportunity in the industry offered by recruiters to begin their careers. It also works hand-in-hand with Industry Interaction Cell to familiarise ourselves with the real-world industry through interactions with industry experts and managers.
The placements Committee at IIM Amritsar helps students get equipped for the placement process through resume vetting, skills-job mapping, brochure development and maintaining a long and healthy relationship with recruiters from the industry.
Also See: IIM Amritsar Cutoffs
The placement statistics at top IIMs according to the data taken from the official website is given in the table below.
College | Highest Package | Average Package |
IIM Amritsar | Rs 36.25 LPA | Rs 16.51 LPA |
Rs 70 LPA | - | |
- | Rs 35.31 LPA | |
Rs 1.15 Crores P.A | Rs 35.07 LPA |
The table above has data taken from the official website of the institutes.
Particulars | Statistics |
---|---|
First year total students intake | 270 |
Total students admitted | 258 |
Total Graduated Students | 258 |
Total Placed Students | 257 |
Placement Percentage | 100 |
Total student gone for higher studies | 1 |
Median Salary | 15.94 L |
100% of the students were placed. A lot of companies visit the campus including Deloitte, KPMG, E&Y, CRISIL, ICICI Lombard, Cipla and many more. 100% of the students were placed for the summer internship as well with roles of Marketing manager, product manager, financial analysts etc.
Over all placements are good. Most of my senior have got placed in our institute. And many companies are visited our institute campus for placements and offering average annual package is four to six lakhs per annum.
The placement is decent at IIM Amritsar with a dedicated Placements Committee. The average package last year was around 16.5LPA which is expected to grow this year. Also the SIP average stipend was nearly 80k which is quite decent for a new generation IIM.
Hello,
The CAT test is the initial requirement for admission to the IIMs. The Written Ability Test (WAT) and Personal Interview are the following phases (PI). The WAT and PI are the primary selection factors for admission to IIM MBA. They take place following the release of the CAT results. Candidates are shortlisted for WAT and PI if they fulfil the CAT cutoff. Final admission decisions are made based on a candidate's entire profile, which includes their CAT, academic, work, and category scores as well as their WAT and PI scores.
Look at the IIM's qualifying requirements below:
So, you are eligible to apply for CAT to get into IIM.
There are so many IIM and you are eligible for all if you CAT cutoff is above 90.
IIM colleges like IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, IIM Indore, IIM Kozhikode and many more.
Try hard and give your best to clear CAT and personal interview.
Best Wishes for your future.
Thank You
Hello Aspirant,
Hope you are doing well !
Keeping in mind, both K J Somaiya Institute of Management, and IIM Amritsar both are really good colleges, in my opinion, IIM Amritsar would be the better option.
Though K J Somaiya's Highest package(26.5 LPA) is more than IIM Amritsar's(25.21 LPA). IIM Amritsar's average placement(14.63 LPA) is better than the other(10.59 LPA).
Also one of the most important quality you get in an IIM is it's brand. There is no doubt that IIM Amritsar has a brand much stronger than the other.
Hope my answer would help you.
In the 2023 placement drive conducted at IIM Amritsar, 257 students were placed, and the highest package the students received was around INR 36.25 LPA.
Rs 2,75,000 was the highest stipend that was offered to the students in the year 2024.
Some of the top recruiters of IIM Amritsar are Cognizant, Accenture, IDFC First Bank, EY, Deloitte and many more.
Total 279 students got placed in the year 2024.
Yes, the IIM Amritsar has a placement cell that provides placement and internship opportunities to students.
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IIM Amritsar hosted the Capacity Building Program for Design and Entrepreneurship (CBDE) on October 29, 2024.
CAT 2024 examination for admission to IIM Amritsar MBA programme will be held on November 24, 2024.