good - low fees, good ROI, Brand name bad- no permanent campus, average inhouse faculty Admission Process- On the basis of CAT, the date of college start is July and the end date is February. Why I preferred this college- Being an IIM it has comparatively low fees, good average placements, nice location, good culture.
I chose marketing as majors and analytics as minor. In the first year of my college, I gain an interest in marketing and I was good at maths. And also faculty of marketing is good in IIM Amritsar. The same was the case with Analytics.
As per the college placement policy, we are not allowed to say much about companies' roles offered and package offered, but the average package is around 12lpa and good company visits every year. Some of the companies are ICICI Lombard, Cipla, Adobe, Gartner etc
There will be two placement processes in IIM Amritsar. First is summers which will start occurring as soon as first-year join college. After the summer internship after completing one-year final placement starts which will be continued till everyone gets placed.
In my year the fees were 1050000 for the 2-year course and 125000 mess fees. Fess was on the lower side if we compare it with other IIMs, this was also one of the main reasons for my choosing this college. Fees are hiked for juniors.
Aarunya is the annual fest of IIM Amritsar, its consist of all major business competition which usually happens in all business schools followed by cultural events. There are all major clubs in IIM Amritsar. The library is small because of the temporary campus.
As a temporary campus, the hostel is almost 13kms far from college. The hostels provided are fine institute has taken on rent one whole society which consists of flat type structure. The mess facility is good.
There was no GD round for me. After getting shortlisted for interview by CAT scores i just faced only interview and got the college. Majorly the criteria for the interview round is CAT scores and you can get a call above 95 percentile.
From 2nd year or Term 4, students are eligible for placements. There are lot of companies that came for placements with Cipla, ICICI Lombard, Kotak, Jio Creative Labs, Xiaomi, Shoppers Stop as some of the big names that came for placements. Exact figures are given in the placement brochure and is cent percent reliable.
After the first semester or in between 1st semester the students became eligible for summer internships and campus placements. Companies like ICICI bank (22 seats), ICICI prudential (more than 10), Tommy Hilfiger (5), Byjus (between 6 to 7), HDFC AMC(10 to 12), Sundaram finance (2 to 4) many more companies visited for campus placements. The packages are offered between 3.5 to 10 lakhs annually. The college provides 100% placements to the students. My future plans are to continue work at a selected Company.
From the 4th semester, we become eligible for placements. There are many good companies that visited campus like Xiaomi, Accenture, Dell etc. We can't reveal the highest and lowest package as of now but it is decent enough I can assure for a student being an IIM student.
From the third semester of MBA college is offering campus placement to its students. Every year college is organizing job fest so minimum 15 to 20 companies are taking part in job fest. More than 100 students get selected in evert job fest. The minimum package was 1.8LACS and the maximum package was 5 lacs. My plan after the degree is to be an entrepreneur.
As I was fond of machines and robots so it took me there to take admission and there was a new branch in north India called robotics so I chose that as this would have helped in my future as well as it was my interest. There was an interview by the principle they assessed out interest and knowledge then gave admission to me.
There is an abundance of job opportunity if you have the right skillset and IIMs are known for their placements. There are enough opportunities that one can apply from. Our college has seen companies like the big four, Amazon, byju etc.
Conclusion: College is ok, not good in academics due to outdated academic content. Other facilities required by students are good enough during the entire stay of the college. Its been 7 years since the first batch is out in the market but still they haven't been able to get good placements for the current students.Please join this college only if you dont have any other option in your hand as there are more options available even nearby.
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