IIM Amritsar - Indian Institute of Management Answered Questions

{Source: MBA/PGDM students & alumni}Success Rate of Placements for MBA/PGDM Students at IIM AmritsarAccording 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 Amritsar has maintained a 100% placement record for its MBA/PGDM programs since its inception.* High salary packages: The highest salary package offered to students was INR54 LPA, with the average package standing at INR11.93 LPA, representing a growth of 16.28% over the previous year.* Recruiters from diverse industries: Companies like ICICI Lombard, Muthoot, Shopclues, Amazon, Crisil, Walmart, Accenture, and Deloitte have recruited students from IIM Amritsar.* Internship opportunities: Almost 100% of students secured internships with notable organizations, earning an average stipend of INR67,375 per month, reflecting a growth of 9.85%.* Strong relationships with corporates: The college has fostered connections with prominent companies, ensuring continuous recruitment and internship opportunities for its students.Overall, IIM Amritsar's placement cell has demonstrated impressive results, showcasing the institution's commitment to placing its students in esteemed organizations and preparing them for successful careers.

IIM Amritsar is considered a reputable institution for management education in India. Established in 2015, it has rapidly gained recognition for its high academic standards, experienced faculty, and robust placement records. The institute offers a diverse range of programs, including the flagship MBA, Executive MBA, and various short-term executive courses. IIM Amritsar collaborates with several industries and academic institutions globally, providing students with ample exposure and opportunities. The campus infrastructure is modern, fostering an environment conducive to learning and professional development. Additionally, IIM Amritsar emphasizes research and innovation, making it a promising choice for aspiring managers and leaders. Its growing reputation and commitment to excellence make it a good university for management studies.

MBA is one of the popular courses of IIT ISM Dhanbad after BTech. If we consider the rankings, IIT Dhanbad MBA is ranked 44 under the 'Management' Category of NIRF Rankings 2023. Looking at the placements of IIT Dhanbad, the placement rate was 80.39% for MBA. Overall, the highest package was INR 50 LPA.  Whereas, IIM Amritsar's NIRF ranking for 2023 is 51. As per IIM Amritsar's official website, the institute concluded its final placements for the MBA batch 2021-23 with the highest international package of INR 36.25 LPA. MBA InstitutesMBA Rankings (NIRF 2023)Total Tuition Fee*Placement Package 2023IIT Dhanbad44INR 3 lakhINR 50 LPAIIM Amritsar51INR 12.5 lakhINR 36.25 LPA* Fee is indicative only. 

Admission to various postgraduate courses at the Indian Institute of Management–Amritsar (IIM–Amritsar) is based on merit and scores of several entrance tests. The accepted entrance exams are CAT and others. CAT qualifying percentile changes every year and depends on the criteria set by the college. This depends on the number of students applying for admission through CAT and various other criteria set by the college. For the various information related to the IIM Amritsar admission criteria or CAT, please visit the official website of the college.

IIM Amritsar and IIM Sirmaur offers two-year MBA programmes. Both are NIRF ranked IIMs recognised for their MBA course. Below is the comparison between the MBA course offered by them:IIMsTotal Tuition Fee*the highest Package (2023)IIM AmritsarINR 12.5 lakhINR 36.25 LPAIIM SirmaurINR 9.5 Lacs - INR 16 lakhINR 64.12 LPA*This information is sourced from the official website/ sanctioning body and is subject to change. 

When comparing PFH Private University of Applied Sciences in the USA and IIM Amritsar in India for doing an MBA, several factors come into play. The PFH Private University in the USA offers prestige and a pathway to a global career, especially with top US colleges like Harvard, Stanford, and Wharton being highly respected institutions. On the other hand, IIMs in India provide direct connections to the Indian market and a more favorable cost-benefit ratio compared to US schools like the M7 B-schools, although the latter offer higher earning potential post-MBA. Ultimately, the choice between the two depends on your long-term career goals and personal circumstances, with IIMs being suitable for those aiming to lead in India's dynamic economy and M7 institutions more appropriate for a global career.

IIM Amritsar releases CAT percentile for MBA admission. Aspirants must score equal or above the specified percentile to get an interview call from the institute. As per the 2023 CAT cutoff for IIM Amritsar, the overall percentile was 95 whereas, it was 94 in 2022. Candidates near to 94 have a good chance of getting a call from the institute. Click here to predict your chance of getting into IIM Amritsar

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 jobsAverage salary (INR)*Finance Manager9.6 LPAMarketing Manager10 LPASales Manager10 LPAHuman Resources Manager4 LPAOperations Manager7 LPAProduct Manager15 LPA*The salary data has been obtained from Payscale.com

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 campus during the 2023 placement session, which was almost 9% higher in comparison to 2022. Further, the IIM Amritsar average package for the 2023 drive stood at INR 16.51 LPA.

Candidates when filling out the application form also need to pay an application fee. For MBA, aspirants need to register for CAT. Aspirants need to pay an application fee of INR 2400  (for UR candidates) and INR 1200 (for reserved categories) for CAT. Below is the application fee for other IIM Amritsar courses:CourseApplication FeePhDINR 1,500 for GEN, EWS, OBC (INR 1,000 for SC/ ST/ Differently-Abled)Integrated BTech + MBAINR 2,000 (INR 1,000 for SC/ ST)