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Indian Institute of Management - [IIM], Amritsar - Placement Details and Companies Visiting

Indian Institute of Management - [IIM], Amritsar - Placement Details and Companies Visiting

Amritsar, Punjab MHRD Estd 2015 Autonomous University 2 Questions Answered Ranked for MBA by Outlook 2021

IIM Amritsar Placements 2020: Highest CTC 40 LPA. Avg. CTC: 12.61 LPA, 48+ Recruiters

Mansi Topa Mansi Topa
Content Curator

Indian Institute of Management - [IIM] Recent Admission Alerts and Updates

Indian Institute of Management, Amritsar popularly known as IIM Amritsar is the 15th IIM established in India. For the year 2020, 100% students were placed and from the past 2 years the highest CTC stood at INR 40 LPA.

The institute has already started its placement drive for the year 2020-21 and the Highest CTC stood at INR 40 LPA whereas the Minimum CTC stood at INR 9 LPA.

As per the information collected by Collegedunia, following is the list of sectors in which students of IIM Amritsar are placed.

Sectors

Major Recruiters

Highest CTC (INR)

IT / Consulting

Browserstack and AGS Transact

22 LPA

Finance

ICICI Lombard and Anand Rathi

17 LPA

Sales and Marketing

FIITJEE and Polycab

40 LPA

IIM Amritsar IT and Consulting Sector Placements 2021: Highest CTC: INR 22 LPA

The following table represents the placements in the IT and Consulting Sector:

Company

Role

CTC (INR)

Number of Students

Accenture

Business Analyst

10-12 LPA

3-4 

AGS Transact

Manager

12-14 LPA

1

BrowserStack

Account Executive

20-22 LPA

2

EY

Consultant

9-12 LPA

7

Deloitte

Consultant

10-13 LPA

6

Evalueserve

Sr. Business Analyst

7-9 LPA

2-3

Infosys

Management Trainee

8-10 LPA

1-2

L&T 

Assistant Manager

10-12 LPA

1

KPMG

Consultant

8-10 LPA

5-6

Mphasis

IT Consultant

8-11 LPA

-

Mindtree

Business Analyst

12-13 LPA

1

Tech Mahindra

Management Trainee

12-13 LPA

4

The highest CTC stood at INR 22 LPA and maximum number of students are employed by EY.

IIM Amritsar Finance Sector Placements 2021: Highest CTC: INR 17 LPA

The following table represents the placements in the Finance Sector:

Company

Role

CTC (INR)

Number Of Students

Anand Rathi

Management Trainee

9-11 LPA

1

Birla Sun Life

SLP

10-12 LPA

-

Care Ratings

Credit Analyst

7-9 LPA

1

ICICI Lombard

Area Manager

15-17 LPA

3-4

IIFM

Management Trainee

9-12 LPA

1

HDFC Bank

Credit Risk Management

7-9 LPA

2-3

Kotak Mahindra Bank

Manager

12-13 LPA

2

The highest CTC stood at INR 17 LPA which is offered by ICICI Lombard.

IIM Amritsar Sales and Marketing Sector Placements 2021: Highest CTC: INR 40 LPA

The following table represents the placements in the Sales and Marketing Sector:

Company

Role

CTC (INR)

Number Of Students

Bisleri

MT

10-14 LPA

-

Byju’s 

Multiple

8-10 LPA

2

FIITJEE

Territory Business Head

40 LPA

1

Delhivery

Multiple

8-10 LPA

4

GroupM

Leadership Trainee

8-10 LPA

2

Goldstar

Assistant Manager

10-13 LPA

1

Grant Thronton

Consultant

9-12 LPA

2

Kent Water Purifier

Business Analyst

9-12 LPA

2

Media Mint

Business Analyst

10-13 LPA

1

PolyCab

Business Leadership Trainee

12-14 LPA

2

The highest CTC stood at INR 40 LPA which is offered by FIITJEE and the maximum number of students are employed by Delhivery.

Check IIM Amritsar Admission

IIM Amritsar Placement 2020 Highlights

Total Number of Candidates 106
Number of PPO’s11
No. of Opt-Outs4
No. of First-time Recruiters21
Highest Domestic PackageINR. 40 LPA
Average Domestic PackageINR. 12.61 LPA
Average Salary for Top 25%INR. 17.86 LPA

Over 30 companies visited the IIM Amritsar campus to hire MBA graduates in various job roles across multiple domains. Some of the top companies, which visited the institute were Deloitte, Amazon, Accenture, Grant Thornton, Bisleri, Aditya Birla Capital, ICICI Lombard, EY, KPMG, and etc.

A total number of 106 students from PGP participated in the placement drive, out of which 11 got pre-placement offers and 4 were opt-outs. The average salary for Top 25 percent of students records a 15.15% hike as it went up to INR. 17.86 LPA in 2020 from INR. 15.51 LPA last year.

IIM Amritsar Placement

IIM Amritsar Placements 2020 Sector-wise

Top companies under various sectors offered roles to the students under the MBA program of this institute during the placement drive. 

The sector-wise offers received by the students during the previous year are shown in the following table:

SectorsPercentage of offers
BFSI16%
IT11%
Consulting23%
Education5%
Ed. Tech10%
FMCG & FMCD4%
Healthcare2%
Media & Advertisement3%
Financial Services7%
Gems & Jewelry6%
Logistics5%
Research3%
FMEG2%
Construction2%
Technology Services1%

The students at IIM, Amritsar received offers under various roles by the top recruiters. The maximum number of offers were provided by the following sectors-

IIM Amritsar Placement

A maximum number of offers were made by the Consulting Sector followed by BFSI, IT, and Ed. Tech. Sectors.

IIM Amritsar Placements 2020 Domain-wise

The institute, for the first time, witnessed a healthy spike in advisory & consulting roles offered to the students from three of the Big Four accounting firms, viz., Deloitte, Ernst & Young, and KPMG. 

In addition, IIM Amritsar witnessed marquees like Amazon, Grant Thornton, Bisleri, Aditya Birla Sun Life, etc., visiting the campus for the first time, along with several reputable firms viz., ICICI Lombard, Anand Rathi, Accenture, L&T and the likes returning for recruitment.

The following graph represents the domain-wise placement offers provided by recruiters to the students of IIM Amritsar-

IIM Amritsar Placement

Domain-wise maximum offers were made by Sales followed by Advisory and Business Analyst. 

IIM Amritsar Placement 2020 Top recruiters

Top organizations and companies make a visit to this institute for recruiting huge students with great offers. The top recruiters of IIM Amritsar are shown in the table below:

Tres Vista Financial ServicesICICI LombardDeloitteHDFC Bank
CRISILINFOSYSKPMGCadila Pharmaceuticals Ltd.
Anand RathiApollo Munich Health InsuranceHexaware TECHNOLOGIESModi naturals
Reliance Home FinanceOYOESSARAccenture
eClerxThomas CookGroupMMI
Trident GroupMedia MintMphasisAGS

IIM Amritsar Placements 2020 Batch Profile

The batch comprised 106 students out of which 3% were female students while the rest 97% were male students.

Gender DiversityFemale Students- 3%
Male Students- 97%
Work ExperienceFreshers- 41%
1-11 Months- 10%
12-23 Months- 27%
24-35 Months- 15%
35+ Months- 7%

The batch consisted of students belonging from different educational backgrounds. The percentage of students with their background in education is tabulated below:

Educational BackgroundPercentage of students
ECE33%
Computer Science/IT18%
Mechanical engineering30%
Civil engineering7%
Automobile/Metallurgy/IC8%
B.Com/BBA4%
Maths/Physics3%
Chemical/Metallurgy3%
Agriculture1%
Mining1%

Since the majority of the batch possessed at least 1-11 months of work experience, the following number of students had worked under different sectors of the industry such as-

IIM Amritsar Placement

IIM Amritsar Placement 2020 Year-wise Salary Trends

The salary trends made by the recruiters for the PGP program at IIM Amritsar for the previous years are tabulated below:

Academic yearAverage domestic CTC
2020INR. 12,61,000
2019INR. 12,20,103
2018INR. 11,02,456
2017INR. 10,25,818

Looking at the data, it is evident that the institute witnessed an impressive hike in the highest package from INR. 21 LPA to INR. 40 LPA. In addition, students from the batch received attractive offers. The average for top-quartile witnessed a 15.15% growth as compared to last year, reaching INR. 17.86 LPA from INR. 15.51 LPA.

IIM Amritsar Internship 2019-21 Highlights

Total No. of Recruiters48
No. of Students Placed146
No. of Students146
Highest Stipend OfferedINR. 2,50,000/-
Average Stipend of Top 25% INR. 1,35,357/-
Average Stipend of Top 50% INR. 95,197/-
Average StipendINR. 62,572/-

The highest stipend offered this year was INR. 2,50,000, a 25% leap over last year. The overall average and the average stipend for the top - quartile of the batch, stood at INR. 62,572 and INR. 1,35,357, respectively.

A total of 48 recruiters visited the IIM Amritsar campus, along with some new recruiters offering exceptional job opportunities to the students. Apart from the Consulting and BFSI sector, other prominent and emerging sectors included Ed-tech, Media & Media Analytics, and Consumer Electronics.

Top recruiters offering an internship to the students are Reliance Industries Limited, L&T, Hindustan Petroleum, Shopclues, MI, HUAWEI, ValueLabs, Sutherland, Future Generali Total Insurance Solutions, FUJITSU, Reserve Bank of India, MYRA, CRISIL, Anarock, Little Millenium, H&R Block, EY, ICICI LOMBARD, Modinaturals, etc.

The institute hasn’t yet released its sector-wise summer placement report, the following tabulation represents the number of Industry-wise placement offers provided to the students-

IndustryNo. of Students
BFSI13%
IT14%
Education & Ed Tech11%
Operations & Supply Chain7%
Oil & Energy9%
Pharma.6%
Others40%

Top reputed companies under various sectors offered internships to the students. These sectors include consulting, BFSI, oil, Ed-Tech, Consumer goods, and others.

Others include Taxation & Auditing, FMCG, Research, Media, Automotive, Hospitality, FMCD, Retail, and Manufacturing.

The following graph represents the Domain-wise offers provided to the students-

Some of the top recruiters who visited the campus for the Summer Placements were- Cipla, EY, BenQ, L&T, Finlabs, AGS, ICICI Bank, STPL, Landmark, and etc.

highest and average packages

HIGHEST PACKAGEAVERAGE PACKAGE
0 10.8 Lakhs 21.6 Lakhs 32.4 Lakhs 43.2 Lakhs 54 Lakhs
11.93 Lakhs54 Lakhs

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    20 Reviews found

    K
    KuganMaster of Business Administration [MBA]
    Enrolled : 2020
    9.3
    STUDENT SATISFACTION RATINGS

    IIM AMRITSAR

    Placement -
    8 /10

    The college has a record of 100 percent placements in both summer and final placements. The reputed companies that visit are Xiaomi, icici Lombard, college Dunia, etc

    8/10placement
    10/10college
    10/10course
    8/10hostel
    10/10internship
    10/10campus life
    K
    Keshav KrishnaMaster of Business Administration [MBA]
    Enrolled : 2020
    9.3
    STUDENT SATISFACTION RATINGS

    New and Growing IIM

    Placement -
    8 /10

    Placements are very good if we comare the establishment date and the growth it shows. There are 2 placements, Summer internship students are enrolled and the process starts just after the admission. Final placements starts usually after completion of summer placement. 40 lakhs were the highest package offered. Average package was 12.86 LPA.

    Internship -

    There is a proper summer internship process and it goes on for more than 6 months, Internships opportunities are very well, you will get the roles you want in majority of the cases. Here also comes the live projects, and you can took according to the the interests, its apart from the academics.

    8/10placement
    10/10college
    9/10course
    10/10hostel
    9/10internship
    10/10campus life
    A
    Aishwarya SinghMaster of Business Administration [MBA]
    Enrolled : 2020
    9.4
    STUDENT SATISFACTION RATINGS

    One of the best 3G IIMs

    Placement -
    9 /10

    The college has a stellar placement record with an average package of 12.61 lacs for the final and close 70k average for the internship programs. IIM Amritsar has a record of 100% placement for each year. Companies such as KPMG, EY, Deloitte, L&T, Xiaomi, Cipla, ICICI Lombard etc are some of our regular recruiters.

    Internship -

    The college has a record of providing 100% on-campus placement for a summer internship. Companies such as ICICI Lombard, Cipla, L&T, EY, Vguard are some of our prominent recruiters for the internship program.

    9/10placement
    9/10college
    9/10course
    10/10hostel
    9/10interview
    10/10internship
    10/10campus life
    S
    StudentMaster of Business Administration [MBA]
    Enrolled : 2018
    9.0
    STUDENT SATISFACTION RATINGS

    Must opt IIM, Amritsar

    Placement -
    9 /10

    Students become eligible for placements in 4th semester of their MBA. Many MNCs visit this college for getting students placed in their companies with good salaries. The highest package of 2018 was near about 18 lakhs and the average packages that year was 12 lakh. Next year in 2019, the highest package increased by 3 lakhs and average packages were also quite increased. I have started my own company after completing my MBA, where i am preparing for teaching computer coding to the students of BCA and i am being able to do that with the help of my helping team.

    9/10placement
    10/10college
    9/10course
    8/10campus life
    L
    LokeswaraMBA
    Batch : 2018
    9.0
    STUDENT SATISFACTION RATINGS
    Placement -
    10 /10

    For MBA graduating students, our college provides an on-campus placement drive where students are offered job opportunities from some of the renowned multinational and national companies like HDFC, ICICI Lombard, Tech Mahindra, Bisleri etc.

    9/10faculty
    10/10placement
    8/10social life
    10/10course
    8/10hostel
    9/10campus life
    P
    PrarthanaMBAPursued
    BATCH : 2020
    9.3
    STUDENT SATISFACTION RATINGS

    IIM is one of the best B-school

    Placement -
    10 /10

    There is huge number of competition every year in this college and the major reason is placement. IIM Punjab have the best placement history yet, Our seniors were placed in MNC like Aditya Birla sunlife, amazon, Bisleri. We are also offered summer internship and the highest stipend paid yet is Rs.2,50,000

    10/10faculty
    10/10placement
    9/10social life
    9/10course
    9/10hostel
    9/10campus life
    M
    MeghaMBAPursued
    BATCH : 2021
    9.0
    STUDENT SATISFACTION RATINGS

    Amazing college

    Placement -
    9 /10

    Placement is outstanding , many recruiters visits our campus like Bisleri, Reliance group, Tata group. We need to perform internship of 10 weeks and we are also offered stipend, companies like ICICI, CRISIL, L&T usually offers us students internship in their firms.

    10/10faculty
    9/10placement
    8/10social life
    9/10course
    9/10hostel
    9/10campus life
    R
    8.0
    STUDENT SATISFACTION RATINGS
    Placement -
    8 /10

    This might sound like a brag but IIM sels itself. The ROI rate of IIMs are almost 100%, companies visit the college in search for their next CEO and offer only considerable and good positions to the people of IIM.

    8/10faculty
    8/10placement
    8/10social life
    S
    Sulekha RouthMBA
    Batch : 2020
    8.5
    STUDENT SATISFACTION RATINGS

    Review

    Placement -
    8 /10

    Summer internships are taken up by students after first year. They are paid internships. Placements are quite good with offers from big companies like Ernst and young , Amazon and various banks. The highest package offered was 40 lakhs.

    9/10faculty
    8/10placement
    8/10social life
    9/10course
    9/10hostel
    8/10campus life
    V
    VINAYAMBA in Finance, Control & AccountingPursued
    BATCH : 2020
    8.3
    STUDENT SATISFACTION RATINGS

    My college experience

    Placement -
    8 /10

    The internship and placement cell of the college organize fairs and events throughout the year offering recruitment to the students. Companies offer placements in various job profiles catering to the interest of each and every student. Some of the regular recruiters of IIM Amritsar are Accenture, Anand Rathi, Apollo Munich, CRISIL, Deloitte, GroupM, HDFC Bank, etc.

    9/10faculty
    8/10placement
    8/10social life

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    Alumni Distribution By Companies

    Alumni Distribution by Sectors

    frequently visited companies

    AmazonAmazon
    DellDell
    Ernst & YoungErnst & Young
    InfosysInfosys
    Maruti SuzukiMaruti Suzuki
    AccentureAccenture
    Tata SteelTata Steel
    KPMGKPMG
    L&T Ltd.L&T Ltd.
    Pidilite IndustriesPidilite Industries
    HFCLHFCL
    ICICI LombardICICI Lombard
    SBISBI
    VirtusaVirtusa
    Emami LimitedEmami Limited
    Adani groupAdani group
    Reserve Bank of IndiaReserve Bank of India
    Canara BankCanara Bank
    Protiviti Consulting Pvt. Ltd.Protiviti Consulting Pvt. Ltd.
    CrisilCrisil
    Tolaram Corporation Pte LtdTolaram Corporation Pte Ltd
    Thomas CookThomas Cook
    JK TechnosoftJK Technosoft
    ShopClues.comShopClues.com
    Motilal OswalMotilal Oswal
    Oyo RoomsOyo Rooms
    WalmartWalmart

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    Placements

    average package ₹1,193,000
    HIGHEST PACKAGE ₹5,400,000

    faculties

    Arun K KaushikAssistant Professor
    M. GeetaAssociate Professor
    Saswat PatraAssistant Professor
    view all faculties[3]

    reviews

    9.3/10 student satisfactory rating

    "IIM AMRITSAR"

    Great place to learn things. Excellent faculties with good knowledge on the subject. Placements are good. The institute is performing really well given that it is one of the newest iim's. The Admission process os through CAT and the interview process was smooth and it went well. Interview questions included general awareness, why mba? and work experience related questions.
    by Kugan
    9.3/10 student satisfactory rating

    "New and Growing IIM"

    In New IIMs, its one of the best one. Good aspects include connectivity, location and the faculties and facilities they have provided. One bad thing is that it doesn't have a permanent campus but its managed quite well. Admission is taken through CAT score, and background student may be called for interview, if selected in interview he/she may get the admission letter. In new IIMs it one of the best colleges and I can refer this to everyone who doesn't get top 10 IIMs. he/she may consider this colleges. From the IIMs I get the admission offer, most of them were new and the growth was not so good, seeing its growth rate, I chose this college and I am quite happy about it. I referred, shiksha,...
    by Keshav Krishna
    9.4/10 student satisfactory rating

    "One of the best 3G IIMs"

    The college has a great online presence about the activities that are conducted throughout the year. The placement statistics are really great when it comes to the 3rd Generation IIMs. The brand that visits the campus is really great. Before joining the campus I also researched about the faculty and the guest lecture conducted by the college. The list of faculty visiting the campus also intrigued my interest towards joining this college.
    by Aishwarya Singh
    view more reviews[22]

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