IIM Amritsar - Indian Institute of Management

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. 

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.