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.
Highest CTC (INR)
IT / Consulting
Browserstack and AGS Transact
ICICI Lombard and Anand Rathi
Sales and Marketing
FIITJEE and Polycab
The following table represents the placements in the IT and Consulting Sector:
Number of Students
Sr. Business Analyst
The highest CTC stood at INR 22 LPA and maximum number of students are employed by EY.
The following table represents the placements in the Finance Sector:
Number Of Students
Birla Sun Life
Credit Risk Management
Kotak Mahindra Bank
The highest CTC stood at INR 17 LPA which is offered by ICICI Lombard.
The following table represents the placements in the Sales and Marketing Sector:
Number Of Students
Territory Business Head
Kent Water Purifier
Business Leadership Trainee
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
|Total Number of Candidates||106|
|Number of PPO’s||11|
|No. of Opt-Outs||4|
|No. of First-time Recruiters||21|
|Highest Domestic Package||INR. 40 LPA|
|Average Domestic Package||INR. 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.
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:
|Sectors||Percentage of offers|
|FMCG & FMCD||4%|
|Media & Advertisement||3%|
|Gems & Jewelry||6%|
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-
A maximum number of offers were made by the Consulting Sector followed by BFSI, IT, and Ed. Tech. Sectors.
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-
Domain-wise maximum offers were made by Sales followed by Advisory and Business Analyst.
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 Services||ICICI Lombard||Deloitte||HDFC Bank|
|CRISIL||INFOSYS||KPMG||Cadila Pharmaceuticals Ltd.|
|Anand Rathi||Apollo Munich Health Insurance||Hexaware TECHNOLOGIES||Modi naturals|
|Reliance Home Finance||OYO||ESSAR||Accenture|
|Trident Group||Media Mint||Mphasis||AGS|
The batch comprised 106 students out of which 3% were female students while the rest 97% were male students.
|Gender Diversity||Female Students- 3%|
|Male Students- 97%|
|Work Experience||Freshers- 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 Background||Percentage of students|
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-
The salary trends made by the recruiters for the PGP program at IIM Amritsar for the previous years are tabulated below:
|Academic year||Average domestic CTC|
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.
|Total No. of Recruiters||48|
|No. of Students Placed||146|
|No. of Students||146|
|Highest Stipend Offered||INR. 2,50,000/-|
|Average Stipend of Top 25%||INR. 1,35,357/-|
|Average Stipend of Top 50%||INR. 95,197/-|
|Average Stipend||INR. 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-
|Industry||No. of Students|
|Education & Ed Tech||11%|
|Operations & Supply Chain||7%|
|Oil & Energy||9%|
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.