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IIM Amritsar Placements 2024 (Released): Highest Package, Average Package, Top Recruiters

IIM Amritsar Placements 2024 (Released): Highest Package, Average Package, Top Recruiters

Edited By Himanshu Shekhar | Updated on Aug 22, 2024 11:04 AM IST | #IIM Amritsar

As per media reports, around 240 companies have participated in IIM Amritsar 2024 placements. Five students grabbed 5 international offers with the highest package of Rs 58.52 LPA. Also, in the placement drive of IIM Amritsar, 39 Pre-Placement offers (PPOs) were made. The median and lowest IIM Amritsar packages offered during placement were Rs 15 LPA and Rs 13 LPA respectively.

IIM Amritsar Placements 2024 (Released): Highest Package, Average Package, Top Recruiters
IIM Amritsar Placements 2024 (Released): Highest Package, Average Package, Top Recruiters

As per last year’s IIM Amritsar placement report, the highest package offered was Rs 36.25 LPA. The average and median package offered was Rs 16.51 LPA and Rs 16 LPA. Last year around 120 companies visited the campus and offered 25 PPS. The average package offered to the top 25% and top 50% of the MBA batch was Rs 20.57 LPA and Rs 19.54 LPA. IIM Amritsar witnessed the participation of many renowned first-time recruiters such as BlackRock, Godrej & Boyce, McKinsey & Company, and others.

Earlier, IIM Amritsar concluded summer placements for MBA batch 2022-24. The batch size of the PGP batch was 281 students. The highest and average stipend offered during summer placement was Rs 2.40 LPA and Rs 82,805. A total of 105 recruiters have participated including Flipkart, DCB Bank, Pepe Jeans, Tata Capital etc.

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IIM Amritsar Placements 2024- Highlights

Check out the key highlights of IIM Amritsar placements 2024.

Particulars

Placement Stats

Highest Package

Rs 58.52 LPA

Median Package

Rs 15 LPA

Lowest Package

Rs 13 LPA

Number of international offers

5

Number of PPOs

39

Total recruiters

240

IIM Amritsar Placements Report- Last year’s

As per statistics, more than 120 companies visited IIM Amritsar campus for the placement session which was 9% higher as compared to 2022. Last year the average package offered was Rs 16.51 LPA. Here we have listed key highlights of IIM Amritsar placements 2023 and 2022.

Particulars

Placement Stats (2023)

Placement Stats (2022)

Highest Package

Rs 36.25 LPA (international)

Rs 25.21 LPA

Average Package

Rs 16.51 LPA

Rs 14.63 LPA

Median Package

Rs 16 LPA

Rs 13.54 LPA

Top 25% average package

Rs 20.57 LPA

Rs 18.54 LPA

Top 50% average package

Rs 19.54 LPA

NA

Number of PPOs

25

23

Number of companies participated

120+

110+

Total Students

257

NA

Students placed

NA

212

Total Offers

NA

285

Popular recruiters

Amazon, Adobe, DS Group

Schneider Electric, Accenture, Deloitte

IIM Amritsar Placements 2024- Top recruiters

Here are the names of a few prominent recruiters who participated in the placement drive of IIM Amritsar.

Mercedes-Benz

Essar Group

Adani Group

Nippon Steel

Accenture

Bayerische Motoren Werke AG (BMW)

Cognizant

Cipla

Kotak Mahindra Bank

Tiger Analytics

Frequently Asked Questions (FAQs)

1. How are placements at IIM Amritsar?

IIM Amritsar has the best placements among the baby IIMs. In the summer and final placements, IIM Amritsar recorded 100% placements.

2. What is the highest CTC in IIM Amritsar?

The highest CTC offered by IIM Amritsar in the placement drive of 2022-24 was Rs 58.52 LPA.

3. Which companies visit IIM Amritsar?

Around 240 companies participated in the placement drive of IIM Amritsar and few of the prominent companies are Amazon. Adobe, DS Group, Schneider Electric, Accenture, Deloitte etc.

4. Is IIM Amritsar a baby IIM?

Yes, IIM Amritsar falls under the category of baby IIMs.

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Questions related to IIM Amritsar

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.

Hi dear,

Master of Business Administration or MBA is a two year post-graduate programme offered by many institutes in India. However, the admission for the same is not done just on the basis of your 10th, 12th and graduation marks but rather on various other factors like score in mba entrance, performance in GDPI/ WAT rounds, and work experience. Also these marks are not only relevant at the time of placement but also at the time of admission. But if you work hard and try scoring a percentile above 95 in CAT then you can get into good bschools of india. For top IIIMs try getting a percentile as high as possible.
You can visit the link below for top mba colleges in india: https://bschool.careers360.com/colleges/ranking

Good luck

Hello Aspirant

When you score well in CAT exam you definitely feel that your dream to be in IIM is gonna get fulfilled soon and you search for colleges based on your percentile.

But academics also is equally important to get a call from IIMs

Hence to make your search easier I would suggest https://bschool.careers360.com/pathfinder/cat

which will give you better result from which IIMs you will get a call

ALL THE BEST!!!

Feel free to reply if you still have a doubt!


only for private universities like amity sharda or maybe some from ghaziabad ccs universities......


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