IIM Amritsar Placements 2024: Highest Package, Average Package, Top Companies
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IIM Amritsar Placement overview
What’s new regarding IIM Amritsar placements 2024? The institute has released the final placement report for the MBA batch 2022-24. Over 250 recruiters participated, including more than 120 new recruiters. The highest domestic and international packages stood at INR 28 LPA and INR 58.52 LPA, respectively. Furthermore, the IIM Amritsar average package for the top quartile stood at INR 19.73 LPA and the top quartile median package offered was INR 18.01 LPA. Finance emerged as the top recruiting domain. The list of recruiters participating in IIM Amritsar placements 2024 included Aon, Accenture, Adani Group, MAQ Software, and many others.
Further, the institute has completed summer placements for the MBA batch 2023-25, which comprised 281 students. The highest stipend offered during summer placements was INR 2.75 lakh. More than 200 recruiters participated, including Tata Steel, Flipkart, Infosys, Amul, etc.
IIM Amritsar Placements 2024:
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IIM Amritsar Placements 2024: Highlights
The key highlights of IIM Amritsar placements 2024 and 2023 are tabulated below:
Particulars | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|
Highest package | INR 36.25 LPA |
- INR 58.52 LPA (International) - INR 28 LPA (Domestic) |
Average package |
- INR 16.51 LPA (Overall) - INR 20.57 LPA (Top quartile) |
INR 19.73 LPA (Top quartile) |
Median package | INR 16 LPA (Overall) | INR 18.01 LPA (Top quartile) |
Total recruiters | 120+ | 250+ |
New recruiters | N/A | 120+ |
PPOs | 25 | N/A |
International offers | 2 | N/A |
Popular recruiters | TVS, PwC, KPMG | RAK Ceramics, Infosys, Axis Bank |
IIM Amritsar Placements 2024: Comparison with other IIMs
The comparative analysis of IIM Amritsar placements 2024 with other closely ranked IIMs is presented below:
IIM Name | Average Package (2024) | Highest Package (2024) |
---|---|---|
IIM Amritsar | INR 19.73 LPA (Top quartile) |
- INR 58.52 LPA (International) - INR 28 LPA (Domestic) |
IIM Visakhapatnam | INR 15.61 LPA | INR 43.25 LPA |
IIM Sambalpur | INR 14.21 LPA |
- INR 23.50 LPA (Domestic) |
IIM Nagpur | INR 16.29 LPA | INR 38.40 LPA |
IIM Amritsar Average Package 2024
The overall IIM Amritsar average package for the 2024 batch has not been released. However, the institute has disclosed the top quartile average package, which is as follows:
Particulars | Placement Statistics (2024) |
---|---|
Top quartile average package | INR 19.73 LPA |
The overall average package for the 2023-24 academic year is not out. However, comparing the past two years stats (2022 to 2023), a growth of nearly 13% was recorded in the overall average package from 2022 to 2023. Alongside this, the top quartile average package has been fluctuating over the past three years. For a detailed analysis refer to the table below showcasing the IIM Amritsar MBA average package trends:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|---|
Overall average package | INR 14.63 LPA | INR 16.51 LPA | N/A |
Top quartile average package | INR 18.54 LPA | INR 20.57 LPA | INR 19.73 LPA |
Top 50% average package | N/A | INR 19.54 LPA | N/A |
IIM Amritsar Placements 2024: Top Recruiters
Some of the leading corporate giants that were part of IIM Amritsar placements 2024 are listed below:
IIM Amritsar Placements 2024: Top Recruiters | ||
---|---|---|
Landmark Group | Adani Group | CRISIL |
Genpact | TVS | Flipkart |
Amazon | TASC | EY |
Deloitte | Accenture | TCS |
Download:
IIM Amritsar Final Placement Report 2024 | Download |
IIM Amritsar Summer Placement Report 2023-25 | Download |
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IIM Amritsar - Indian Institute of Management Admission | Compare IIM Amritsar - Indian Institute of Management with other IIMs |
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IIM AmritsarAverage packages & top recruiters 2024
Top Recruiters
IIM AmritsarCourse placements 2024
Course | Average salary | Median Salary | Highest Salary |
---|---|---|---|
Master of Business Administration (MBA) | INR
16.51 Lakh | INR
16.00 Lakh | INR 28.00 Lakh |
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IIM Amritsar Placement FAQs
IIM Amritsar Placements FAQs
Some of the frequently asked placement questions are mentioned below:
Q: How were IIM Amritsar summer placements?
The institute has successfully concluded the summer placements for the MBA batch 2023-25. More than 200 companies participated and the highest stipend stood at INR 2.75 lakh. The key highlights of IIM Amritsar summer placements for batch 2023-25 are tabulated below:
Particulars | Statistics (Batch 2023-25) |
---|---|
Batch size | 320 |
No. of recruiters | 200+ |
Highest stipend | INR 2.75 lakh |
Top quartile average stipend | INR 1.34 lakh |
New recruiters | 40+ |
Q: What is the average CTC offered at IIM Amritsar?
The institute has disclosed the average package 2024 for the top quartile. The table below depicts the IIM Amritsar average package for the past three years:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|---|
Overall average package | INR 14.63 LPA | INR 16.51 LPA | N/A |
Top quartile average package | INR 18.54 LPA | INR 20.57 LPA | INR 19.73 LPA |
Top 50% average package | N/A | INR 19.54 LPA | N/A |
Q: Which is better for an MBA, IIM Amritsar or IIT Roorkee?
The official data for IIT Roorkee placements 2024 has not been released. However, as per the data fetched from media reports, the average package offered to IIT Roorkee MBA batch 2024 was INR 20 LPA. On the other hand, IIM Amritsar average package for the top 25% offers of MBA batch 2022-24 stood at INR 19.73 LPA. The table below compares IIM Amritsar and IIT Roorkee for MBA placements 2024:
Institute Name | Average Package (2024) | Highest Package (2024) |
---|---|---|
IIM Amritsar | INR 19.73 LPA (Top quartile) | - INR 58.52 LPA (International) - INR 28 LPA (Domestic) |
IIT Roorkee | INR 20 LPA | INR 2.05 crore per annum |
NOTE: The IIT Roorkee placement stats are gathered from multiple media reports.
Q: Which one is better, IIM Vizag vs IIM Amritsar?
The table given below shows the salary comparison of closely ranked IIMs:
IIM Name | Average Package (2024) | Highest Package (2024) |
---|---|---|
IIM Amritsar | INR 19.73 LPA (Top quartile) | - INR 58.52 LPA (International) - INR 28 LPA (Domestic) |
IIM Visakhapatnam | INR 15.61 LPA | INR 43.25 LPA |
IIM Sambalpur | INR 14.21 LPA | - INR 23.50 LPA (Domestic) |
IIM Nagpur | INR 16.29 LPA | INR 38.40 LPA |
IIM Amritsar is better in some ways whereas IIM Visakhapatnam is better in other ways. Hence, it depends on students what forms their foremost preference.
Q: How good are the placements at IIM Amritsar?
The institute has a remarkable placement record. As per the latest reports, over 250 recruiters visited the institute campus during the 2024 drive, including over 120 first-time recruiters. Furthermore, the highest international package offered was INR 58.52 LPA and the highest domestic package stood at INR 28 LPA. Check the complete insights of IIM Amritsar placements 2024 from the table below:
Particulars | Placement Statistics (2024) |
---|---|
the highest package | - INR 58.52 LPA (International) - INR 28 LPA (Domestic) |
Average package | INR 19.73 LPA (Top quartile) |
Median package | INR 18.01 LPA (Top quartile) |
Total recruiters | 250+ |
New recruiters | 120+ |
Popular recruiters | RAK Ceramics, Infosys, Axis Bank |
Q: What is the salary offered during IIM Amritsar placements?
During 2024 placements, the overall the highest package offered was INR 58.52 LPA. Further, the average package and median package for top quartile stood at INR 19.73 LPA and INR 18.01 LPA, respectively. Looking at the past three years' data, an improving trend was observed in the salaries offered. The table below depicts the IIM Amritsar package trends for reference:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|---|
Highest package | INR 25.21 LPA | INR 36.25 LPA | - INR 58.52 LPA (International) - INR 28 LPA (Domestic) |
Average package | - INR 14.63 LPA (Overall) - INR 18.54 LPA (Top quartile) | - INR 16.51 LPA (Overall) - INR 20.57 LPA (Top quartile) | INR 19.73 LPA (Top quartile) |
Median package | INR 13.54 LPA (Overall) | INR 16 LPA (Overall) | INR 18.01 LPA (Top quartile) |
Q: What was the highest stipend offered during IIM Amritsar summer placements?
As per the latest report, the highest stipend offered to the MBA batch 2023-25 was NR 2.75 lakh. Alongside this, the average stipend for top quartile has also been released officially. The table below mentions the stipend details for IIM Amritsar summer placements 2023-25:
Particulars | Statistics (2023-25) |
---|---|
Highest stipend | INR 2.75 lakh |
Top quartile average stipend | INR 1.34 lakh |
Q: What is the highest package at IIM Amritsar?
During 2024 placements, the highest domestic package stood at INR 28 LPA. Students also managed to grab international offers with the highest international package of INR 58.52 LPA. Earlier, the highest package offered in 2023 was INR 36.25 LPA. Looking at the past three years' stats (2022 to 2024), an improving trend was recorded in the highest package. The table below represents the IIM Amritsar the highest package trends:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|---|
the highest package | INR 25.21 LPA | INR 36.25 LPA | - INR 58.52 LPA (International) - INR 28 LPA (Domestic) |
Q: Which was the top industry during IIM Amritsar placements?
The majority of offers attracted during 2024 placements were in the BFSI industry. This was followed by the Consulting industry. The industry-wise distribution of IIM Amritsar placements for the MBA batch 2022-24 is presented below:
Industry | Placement Percentage (2024) |
---|---|
BFSI | 38% |
Consulting | 24% |
Technology/ Analytics/ IT | 16% |
Manufacturing | 7% |
FMCG/ FMCD | 6% |
Logistics | 3% |
Others | 6% |
Q: Is IIM Amritsar worth joining?
In terms of placements, the institute has achieved remarkable numbers. The highest package has improved over the past three years. The participation of companies has also increased from 2022 to 2024. The following table represents the IIM Amritsar placement trends for the past three years:
Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
---|---|---|---|
Highest package | INR 25.21 LPA | INR 36.25 LPA (International) | - INR 58.52 LPA (International) - INR 28 LPA (Domestic) |
Average package | - INR 14.63 LPA (Overall) - INR 18.54 LPA (Top quartile) | - INR 16.51 LPA (Overall) - INR 20.57 LPA (Top quartile) | INR 19.73 LPA (Top quartile) |
Median package | INR 13.54 LPA (Overall) | INR 16 LPA (Overall) | INR 18.01 LPA (Top quartile) |
No. of PPOs | 23 | 25 | N/A |
No. of companies participated | 110+ | 120+ | 250+ |
Q: Where are IIM Amritsar alumni placed?
According to unofficial online sources, the majority of IIM Amritsar alumni are working in the Business Development sector with a 24% share. The other top sectors that involve the majority of alumni are Operations and Consulting with 23% and 19% shares, respectively. See the below pie chart illustrating the detailed sector-wise distribution of alumni:
Q: Who were the recruiters at IIM Amritsar placements?
During 2024 placements, the institute witnessed the participation of recruiters from varied sectors such as Aerospace, Analytics, Automobile, BFSI, FMCG/ FMCD, Consulting, IT, Logistics, Oil & Gas, etc. Several first-time recruiters also participated in 2024 placements. Some of the prominent companies that were part of IIM Amritsar placements 2024 are listed below:
IIM Amritsar Placements 2024: Top Recruiters | ||
---|---|---|
Landmark Group | Adani Group | CRISIL |
Genpact | TVS | Flipkart |
Amazon | TASC | EY |
Deloitte | Accenture | TCS |
Q: Which is better IIM Jammu or IIM Amritsar?
More than 2500 companies participated in the 2024 IIM Amritsar placements. On the other hand, 154 companies were part of IIM Jammu placements 2024. The table below compares the 2024 placement statistics of IIM Amritsar and IIM Jammu:
IIM Name | Highest Package (2024) | Average Package (2024) | Companies Visited (2024) |
---|---|---|---|
IIM Amritsar | - INR 58.52 LPA (International) - INR 28 LPA (Domestic) | INR 19.73 LPA (Top quartile) | 250+ |
IIM Jammu | INR 31.75 LPA | INR 15.48 LPA | 154 |
Q: How are placements at IIM Amritsar?
The institute has completed the placement session for the MBA batch 2022-24. The highest domestic and highest international packages offered to the 2024 passing-out batch were INR 28 LPA and INR 58.52 LPA, respectively. Alongside, over 250 recruiters participated in the drive. This included more than 120 new recruiters. The average package and median package for for top 25% offers stood at INR 19.73 LPA and INR 18.01 LPA, respectively.
Q: Which was the top domain during IIM Amritsar placements?
Finance emerged as the top recruiting domain with a 35% share. The second in the sequence was the General Management domain. The domain-wise distribution of IIM Amritsar placements 2024 is showcased below:
Q: In which domain the highest offers were made during IIM Amritsar summer placements?
Of all the domains, Sales/ Marketing was the top domain with 41% of offers attracted. The second in the sequence was the Finance domain with a 31% share. Take a look at the below snip showcasing the domain-wise distribution of IIM Amritsar summer placements 2023-25:
Source: Official Report
Q: Who were the top recruiters during IIM Amritsar summer placements?
Some of the eminent companies that participated in IIM Amritsar summer placements for the MBA batch 2023-25 are listed in the table below:
IIM Amritsar Summer Placements 2023-25 Batch: Top Recruiters | ||
---|---|---|
Union Bank | Tata Steel | CRISIL |
Schneider Electric | Piramal | KPMG |
Adani Group | Amul | CRISIL |
American Express | Infosys | Arcesium India Private Limited |
Q: Which was the top industry during IIM Amritsar summer placements?
A large share of offers made during summer placements 2023-25 were in the BFSI industry. This was followed by the Education/ EdTech industry. The following table illustrates the industry-wise distribution of IIM Amritsar summer placements 2023-25:
Industry | Placement Percentage (2023-25) |
---|---|
BFSI | 34% |
Education/ EdTech | 17% |
IT/ Technology/ Analytics | 12% |
Manufacturing/ Logistics | 10% |
Consulting | 8% |
E-commerce/ Retail/ Advertising | 8% |
FMCG/ FMCD | 4% |
Healthcare | 4% |
Others | 3% |
IIM Amritsar
Student Forum
Answered 4 months ago
Success Rate of Placements for MBA/PGDM Students at IIM Amritsar
According to the feedback from students and alumni, IIM Amritsar's placement cell has consistently achieved remarkable success rates:
* 100% placement rate: As mentioned by multiple students, IIM Amri
A
Beginner-Level 1
Answered 8 months ago
After completing degree from one of the best MBA Colleges in India, students are open to multiple opportunities. An MBA graduate gets jobs which include team lead and managerial responsibility of the department. Given below are some of the popular job options after MBA from IIM Amritsar:
MBA jobs | Average salary (INR)* |
---|---|
Finance Manager | 9.6 LPA |
Marketing Manager | 10 LPA |
Sales Manager | 10 LPA |
Human Resources Manager | 4 LPA |
Operations Manager | 7 LPA |
Product Manager | 15 LPA |
*The salary
N
Contributor-Level 10
Answered 8 months ago
IIM Amritsar offers two-year MBA Human Resource programme. MBA is the flagship course of IIM Amritsar. Talking about its placement, the institute has not released the placement data specifically for HR. However, as per the latest placement statistics, more than 120 companies visited the institute ca
N
Contributor-Level 10
Answered a year ago
The average and median package offered during the campus placement of IIM Amritsar for the year is INR 16.51 LPA and INR 16 LPA, respectively. Given below is the placement details for the MBA programme for the year 2022 and 2023.
Particulars | Placement Statistics (2022) | Placement Statistics (2023) |
---|---|---|
the highest package | INR 25.21 LPA | INR 36.25 LPA (international) |
Average package | INR 14.63 LPA | INR 16.51 LPA |
Median package | INR 13.54 LPA | INR 16 LPA |
Top 25% average package | INR 18.54 LPA | INR 20.57 LPA |
Top 50% average package | N/A | INR 19.54 LPA |
No. of PPOs | 23 | 25 |
No. of companies participated | 110+ | 120+ |
Total students | N/A | 257 |
Students placed | 212 | N/A |
M
Contributor-Level 10
Answered a year ago
As per the latest report, two of the 2023 passing out students managed to bag international offers and the highest international package stood at INR 36.25 LPA. Earlier, the highest package offered during 2022 placements was INR 25.21 LPA. Taking a look at the past three years' records, an improving
A
Contributor-Level 10
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Updated on Oct 21, 2024
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How successful is the placement cell in securing jobs for MBA/PGDM students at IIM Amritsar?