Final Placement
IIM Amritsar takes immense pleasure in announcing the successful completion of the Final Placements for the MBA Batch 2021-23.
This year more than 120 organizations participated in the campus placements from various sectors like Aerospace, Analytics, Automobile, BFSI, FMCG/FMCD, Consulting, IT, Logistics, Oil & Gas, Retail and many more, where they offered roles in Product Management, Consulting, Brand Management, Data Analytics, Digital Marketing, Operations, Equity Research, Risk & Financial Advisory, and Human Resource Management, etc.
Continuing the trend of last two years, the institute witnessed the participation of several reputed first-time recruiters, including ArcelorMittal Nippon Steel, Blackrock, DS Group, Emami, Essar, EXL Services, Godrej & Boyce, Kore.ai, McKinsey, Mercedes- Benz, Reliance Retail, Times Group, and TVS Motors, among others.
The average CTC of IIM Amritsar maintained its impressive upward trajectory, reaching INR 16.51 LPA, with the median CTC at INR 16 LPA, and the average package for the top quartile at INR 20.57 LPA.
In addition to the first-time recruiters, our regular recruiters from past years picked budding management talent for various roles from a diverse and bright pool of students .They secured offers from companies like Adani, Adobe, Amazon, Arcesium, Accenture, BMW, Cipla, Cognizant, CRISIL, Deloitte, EY, House of TATAs, Kotak Mahindra Bank, KPMG, Tiger Analytics, ZS Associates and many more.
We want to express our gratitude to all our recruiter partners for the opportunity and for assisting us in reaching this significant milestone.
Under the guidance of the Director, Dr. Nagarajan Ramamoorthy, IIM Amritsar has emerged as a leading business school and a preferred hub of management talent, which is evidenced in the consistent year-over-year growth in average CTC, diverse and enriching roles being offered by recruiters, and the growing list of reputed recruiters. We also wish to thank our Chairpersons, Prof. Ranjan Kumar and Prof. Ravishankar V. Kommu, our DGM - Corporate Relations, Mr. Sanjay Tripathi and Placements’ Committee for their persistent efforts, dedication, and hard work in making this placements season so memorable.
IIM Amritsar Concludes Placements for MBA Batch of 2020-22
IIM Amritsar is delighted to announce 100% placement for the MBA batch of 2020- 22. Moreover, we have once again raised the bar by placing the largest batch of students amongst all the third-generation IIMs.
Charting a consistently upward trajectory on placement salaries, the institute achieved an Average Cost-to-Company (CTC) figure of INR 14.63 LPA and the highest Cost-to-Company (CTC) figure of INR 25.21 LPA. The Average for the top- quartile came out to INR 18.54 LPA. We witnessed a record-breaking year-on-year growth of 15.38% in our Average CTC.
This placement season as well, IIM Amritsar witnessed an enthusiastic participation of leading corporates across domains and sectors. More than 285 offers were made by 110 companies that visited us. Case competitions also made a worthy contribution to this year’s tally. Teams from IIM Amritsar achieved podium place in prestigious national-level competitions such as Hero Campus Challenge 7.0, Flipkart WiRED, GMC, Mi Summit 3.0, Valuation Olympiad (Global Banking Challenge, London), VIP GEAR, which resulted into a record number of PPOs/PPIs.
IIM Amritsar is proud to add 50+ new companies to its family of recruiters, which includes many stalwarts in their respective sectors like Acuity Knowledge Partners, Adani Group, Birlasoft, BMW, Cognizant, Dalmia Bharat, Dell, Digit Insurance, Everest Industries, Genpact, HDFC Bank, Holcim Group, ICICI Bank, Kotak Mahindra Bank, Novartis, Ola Electric, Schneider Electric, HSBC, LatentView Analytics, Porter, Reliance Retail, TATA Capital, Tiger Analytics, Tredence Analytics, VIP Industries, Virtusa, ZS Associates, Zycus, etc.
We are pleased to continue our ever-strengthening corporate partnership with our previous recruiters as well which includes firms like Accenture, Amazon, AU Small Finance Bank, Cipla, Crompton Greaves, Deloitte, DHL, DTDC, EY, Gartner, HCL, ICICI Lombard, IndiaMART, Infosys, iQuanti, Polycab, Tech Mahindra, TresVista, Xiaomi, etc.
The Placement Chairs & Placement Office would like to express their sincere gratitude to all the corporate partners associated with us for helping us make this placement season a huge success. We wish to continue our new & old associations with the same zeal for years to come. The relentless efforts and hard work of the Placements' Committee deserve a glowing mention for this milestone.
IIM Amritsar Concludes Placements for MBA Batch of 2019-21
Despite the copious challenges and vicissitudes posed by the changing landscape of the job market and education in 2020, IIM Amritsar clinched a befitting conclusion to the academic year 2020-21 by achieving 100% final placements for its MBA05 batch. The Institute celebrates 100% final placements during these difficult times as we understand how placements not only brings joy and prosperity to the families of our students but also to their companies, communities and the country. 100 percent placements for our students is also a testament to the continued faith reposed by the recruiters in our students.
Notwithstanding the challenges posed by the pandemic, the Institute ensured relevant placements for the fifth MBA batch which has the largest number of students among the third generation IIMs. “Since international recruiters didn’t participate in the placement process this year, the highest annual package of INR18.16 LPA was received from a domestic firm,” reported the Placement Committee of IIM Amritsar. The Committee also shared, “The average package for the top quartile of the batch was INR15.94 LPA and the overall average CTC stood at INR12.68 LPA.”
For the placement season this year, the institute witnessed a well-balanced amalgamation of offers encompassing various domains ranging from Marketing, Sales, Finance, Analytics, HR to some noteworthy offers in the Operations domain. Strategy, Advisory & Consulting roles were also offered to the students from two of the Big Four accounting firms, viz., Deloitte and Ernst & Young.
IIM Amritsar strongly believes that we could tide over the challenges posed by the pandemic only by firmly holding on to our past associations and by warmly joining hands with new firms. Therefore, while reputable firms viz ICICI Lombard, Anand Rathi, Accenture, Cipla, Polycab, Xiaomi, Infosys, Amazon, Tech Mahindra, Mu Sigma, Grant Thornton, and the likes returned for recruitment, affirming the quality of the students of the institute. The new marquee recruiters like Gartner, Capital Foods, HCL, etc., visited the campus for the first time during this placement season.
In a fitting conclusion to a glorious academic year 2019-20, IIM Amritsar concluded 100% final placement of its MBA04 batch, even amidst a slight economic stagnation throughout the year. The key metrics continued to display an upward trend once again this year, with the average CTC reaching Rs.12.61 LPA, a modest increase over the last year. The highest domestic annual package spiralled to Rs.40 LPA, marking a 90% YoY increase. The average for top-quartile witnessed a 15.15% growth as compared to last year, reaching Rs.17.86 LPA from Rs. 15.51 LPA.
The placement drive saw a balanced mix of offers for all the management domains like marketing, sales, and finance, along with some noteworthy offers in the operations domain. 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 final placements at IIM Amritsar has ended on a high note with 100% placements for the batch of PGP 2017-19. In comparison to last year, there has been a substantial growth in key metrics related to final placements figures. Because of a high interest from the companies based out of India, the students found far more opportunities within the country this year. As a result, the highest domestic annual package has shot up from 17 LPA to 21 LPA this year. The domestic average of the batch has also increased significantly from 11.02 LPA to 12.2 LPA, with YoY growth of 10.7
IIM Amritsar achieves yet another milestone as the final placements for the second batch concludes on a high note. 100% placement was achieved well ahead of graduation of the batch despite the current batch growing double in size, that is, 104 compared to the previous batch size of just 44. The highlight of this year's placement was a huge increase in the highest package, leapfrogging three times from the previous year to 54 LPA. In addition, seven from the batch received attractive international offers.
The relevant knowledge, skill and diversity of the students attracted recruiters from various sectors spanning across all prominent domains of management including Marketing, Finance, HR, Operations, Consulting, IT analytics and General Management. Besides the continued association with our prominent recruiting partners like ICICI Lombard, Muthoot, Shopclues, Motilal Oswal, Magic 9, HFCL etc., this year, we also hosted many other new recruiters including major industry leaders like Amazon, Accenture, CRISIL, Infosys, Virtusa, Capita, JK Tech, IndiaMart, Cadila, RustomJi, NTC, Thomas Cook, Walmart, Anand Rathi, TCS, Vaibhav Global, Reliance Home Finance & Nippon Paints, etc.Other feathers of success for this batch include the International Placements in prominent houses of Tolaram, Squareyards & Protiviti.
The top 10% of students secured an average salary of 22.3 LPA and the average salary of the batch stood at 11.93 LPA with an increase of 16.28% from the previous year.
Chairperson (Placement), Prof. Arun Kaushik gave the credit of this accomplishment to the Placement Team of IIM Amritsar and he appreciated the team's efforts. IIM Amritsar is currently running under the mentorship of IIM Kozhikode Director, Prof. K. Balooni, whose continuous support and involvement has made the institute achieve this height of success within a short span since inception.
The Final Placements season of the pioneering batch of Indian Institute of Management Amritsar saw a phenomenal response from the industry with over 53 companies participating in the entire process. A wide gamut of roles in domains like Finance, Consulting, Sales and Marketing, Operations, Analytics, IT, Business Development and General Management were offered. A total of 50 offers were rolled out to a batch of 44 students with the highest offer being 17 LPA and the average of the offers being 10.26 LPA. Few of the prominent recruiters participating in the process were ICICI Lombard, HFCL, Pidilite, Dell - International, EY, KPMG, Motilal Oswal, GroupM, Emami Agrotech, Arka etc. While the strong edifice of this institution would never have been setup without the robust and unflinching support of IIMK and their Alumni, IIM Amritsar is proud to have setup a placement process that is strong and sustainable for the coming years. Under the guidance of our mentor director Prof. K. Balooni and our nodal professor Prof. A. K. Swain, the entire placement season (Summer and Finals) was conducted at IIM Amritsar's transit campus.
