IIM Amritsar Placements 2024: Over 240 companies participate; highest CTC stood at INR 58.52 lakh

IIM Amritsar recorded the highest annual CTC (cost-to-company) of INR 58.52 lakhs, the median CTC OF INR 15 lakhs. The average CTC of the top quartile stood at INR 19.59 lakhs, with a median of INR 17.69 lakhs.

IIM Amritsar Placements 2024: The Indian Institute of Management Amritsar has completed its placement for the 2022-24 batch. According to the official statement, the students of MBA, MBA-business analytics, and MBA-HRM programmes have achieved 100 per cent placement. The institute recorded the highest annual CTC (cost-to-company) of INR 58.52 lakhs, the median CTC OF INR 15 lakhs. The average CTC of the top quartile stood at INR 19.59 lakhs, with a median of INR 17.69 lakhs. It must be noted that three students chose to join their family businesses, while six opted to try entrepreneurship.

Diverse Job Roles, 39 PPOs

During the placements, students received job offers for diverse roles in finance, marketing, consulting, general management, analytics and HR. While 39 pre-placement offers (PPOs), there were two pre-placement interviews (PPIs), and four international offers.

Top Recruiters

Mora than 240 companies participated in IIM Amritsar Placement drive. The regular participants are Landmark Group, TASC, Accenture, Adani Group, Tata group companies, Reliance Group, Amazon, Arcesium, EXL, GMR Group, ICICI Bank, Kotak Mahindra Bank, MPhasis, and Schneider Electric, among others. The first timers were Egniol Group, DS Group, BharatForge, DOLAT Capital, DawaaDost, EValueserve, Prime Focus Technologies, etc.

Talking about multiple factors affecting IIM Placements this year, Nagarajan Ramamoorthy, director, IIM Amritsar, admitted that “This year has been particularly difficult for IIMs/IITs to place students due to various factors like elections, market unpredictability, global conflicts, and a general economic slowdown.” However, despite the challenges, he acknowledged how “India has shown resilience” and how proud IIM Amritsar is, “to have sustained our placement momentum”.

Sakshi Aggarwal, placement co-chairperson, highlighted the increase in job offers and the variety of roles available, reflecting the programme’s quality and student potential. Sujit R. Jagadale, placement co-chairperson emphasised the institute’s strategic location in Amritsar, fostering both enthusiasm and resilience in its students. He underscored the students’ contributions to India’s growth story; a commitment IIM Amritsar remains dedicated to.

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