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IIM Amritsar Placements

IIM 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

IIM Amritsar Placement 2024

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 PackageRs 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

IIM Amritsar Summer Placements 2024 (MBA)

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.

IIM Amritsar Summer Placement Statistics 2024

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

IIM Amritsar Industry Wise Summer Placements 2024

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%

IIM Amritsar Domain Wise Summer Placement 2024

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%

IIM Amritsar Placement Summer Top Recruiters

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

IIM Amritsar Placement 2023

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

IIM Amritsar Year Wise Placement Trends 

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

IIM Amritsar Industry Wise Placement 2023

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%

IIM Amritsar Domain Wise Placement 2023

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% 

Additional Information for IIM Amritsar Placements

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

Top IIMs Placement Salary Wise

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

IIM Ahmedabad

Rs 70 LPA

-

IIM Bangalore

-

Rs 35.31 LPA

IIM Calcutta

Rs 1.15 Crores P.A

Rs 35.07 LPA

The table above has data taken from the official website of the institutes.

Domain

Management and Business Administration

Level

PG

Year

2 Years

Statistics for Academic Year 2023

ParticularsStatistics
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

Placement yearly trends

Placement Percentage
Source Data NIRF 2024

Key takeaways from IIM Amritsar's Placement Statistics

  • The Placement Percentage of IIM Amritsar has decreased by 0.39 %
  • The Median salary of IIM Amritsar has increased by 15.06 %
  • The Placement Percentage of IIM Amritsar is better than 18 colleges that are ranked higher
  • The Median salary of IIM Amritsar is better than 14 colleges that are ranked higher

Students Review for IIM Amritsar

Growing college

Verified ReviewPlacements

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.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

Good

Verified ReviewPlacements

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.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

A truly wonderful experience at IIM Amritsar.

Verified ReviewPlacements

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.

  • Infrastructure
  • Placements
  • Academics
  • Value for Money
  • Campus Life

Have a question related to IIM Amritsar ?

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:

  • The minimum graduation requirement for admission to an IIM is 50% overall, or an equivalent CGPA (45% for SC, ST, and PWD/DA categories).
  • Candidates who are taking the bachelor's degree/equivalent qualification test in their final year or who are awaiting their results may also apply.
  • The candidates must satisfy the IIM shortlist/qualifying cut off in order to be called for an IIM interview.
  • The minimal IIM call cut off must be met in order for applicants to be eligible for interview calls and to take part in WAT/GD-PI.

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.

Hello aspirant
Based in CAT 2019, IIM Shillong and IIM Amritsar has released the cutoff list for admission into academic year 2020-22.
IIM AMRITSAR has 85 percentile as cut off for general category along with sectional cut offs. Furthermore, unlike other IIMs, IIM Shillong does not release the overall cutoff of CAT. The cutoff for Shillong takes into consideration SSC, HSC and graduation score as well. You can visit the following link for detailed cut off:-
https://bschool.careers360.com/articles/iim-shillong-cutoff
https://bschool.careers360.com/articles/iim-amritsar-cutoff
Good luck

IIM Amritsar Frequently Asked Questions (FAQ's)

1: What is the highest package offered in the placement drive of 2023 at IIM Amritsar?

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.

2: What was the highest stipend offered to the students in the year 2024?

Rs 2,75,000 was the highest stipend that was offered to the students in the year 2024.

3: Who are the IIM Amritsar top recruiters?

Some of the top recruiters of IIM Amritsar are Cognizant, Accenture, IDFC First Bank, EY, Deloitte and many more.

4: How many students got placed in the IIM Amritsar placement drive 2024?

Total 279 students got placed in the year 2024.

5: Is there any placement cell at the campus?

Yes, the IIM Amritsar has a placement cell that provides placement and internship opportunities to students.

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News and Notifications
November 12, 2024 - 01:33 PM IST :

IIM Amritsar hosted the Capacity Building Program for Design and Entrepreneurship (CBDE) on October 29, 2024.

November 12, 2024 - 01:33 PM IST :

CAT 2024 examination for admission to IIM Amritsar MBA programme will be held on November 24, 2024.

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