Summer Placement

It is with great pleasure that we inform you of the successful conclusion of the Summer Placements for the MBA 2022-24 batch at the esteemed Indian Institute of Management, Amritsar. This year, we had the largest-ever batch of 281 students, and we are proud to report a remarkable 100% placement record with a staggering 37% Y-OY growth and the average for the top quartile increased by 10.73%. We would like to express our sincere gratitude to our recruitment partners, including both our regular associates and first-time visitors, for their invaluable contributions to setting new benchmarks.

A few Major Recruiters include Mckinsey, Arcesium, ICICI Bank, Porter, ICICI Lombard, TATA Capital, HDFC Bank, CRISIL, Country Delight, L&T, Schindler, Tiger Analytics, BenQ, Piramal Group, Adani Group, AICL Communications, Latent View Analytics, Livguard, Cholamandalam, VIP Industries, Crompton Greaves, Dalmia Bharat, DCB Bank, Schneider Electric, CBRE Frost and Sullivan, SolarWinds, Iron Mountain.

We want to express our gratitude to all our recruiter partners for the opportunity and for assisting us in reaching this significant milestone

We attribute the success of this year's placement season to the exceptional guidance provided by our Director, Dr Nagarajan Ramamoorthy, and the relentless efforts of the chairpersons, Prof. Ranjan Kumar and Prof. Ravishankar V. Kommu, DGM - Corporate Relations, Mr Sanjay Tripathi and the Placements Committee. Their steadfast commitment and diligence have been instrumental in achieving this remarkable milestone, and we extend our sincere appreciation for their invaluable contributions. It is their leadership and support that have enabled us to reach new heights, and we are grateful for their continued guidance and mentorship

We extend our heartfelt congratulations to the students of IIM Amritsar for their exceptional dedication and hard work in achieving this remarkable milestone. We would like to wish the MBA 2022-24 cohorts all the best as they embark on their summer program and gain invaluable industrial exposure. We are confident that this experience will be instrumental in shaping their future careers and preparing them to become successful leaders in their respective fields.

Indian Institute of Management Amritsar takes immense pleasure to announce the successful completion of the Summer Internship Placements of the MBA batch of 2021-2023 and placed its largest batch of 261 students. Charting a consistently upward trajectory in compensation, the institute achieved the highest stipend of 3,50,000 INR, with a record- breaking year-on-year growth of 105%. The Average for the top-quartile came out to 101,816 INR and the average of the top fifty percent came out to 85,479 INR. We wish to extend heartfelt gratitude to all our prestigious recruiting partners from across the corporate sector, who have supported us, and the relentless hard work of the Placements' Committee IIM Amritsar that helped us achieve this incredible milestone. This placement season witnessed niche roles being offered across major management domains acting as an affirmation to the quality and calibres of our students. IIM Amritsar is proud to host around 101 companies for this season, which includes some of the stalwarts in their respective sectors like Adobe, Arcesium, Cipla, Coca-Cola, Cognizant, Dalmia Bharat, Juspay, Latentview Analytics, Microsoft, Tata Capital, Tata Advanced Systems Limited, Uber among others. Our best wishes to the students in their future professional endeavours, and here’s to celebrating their tremendous and unwavering hard work.

IIM Amritsar Concludes Summer Placements for the 6^th MBA Batch

During the unprecedented difficult times caused by the pandemic, IIM Amritsar has successfully concluded summer placements for the MBA batch 2020-22 on a high note with 100% summer placements.

The year 2020 drastically changed the landscape of education and employment. As the classroom turned virtual, students sitting alone at home struggled to adapt to the new virtual classroom environment. With teaching and job interviews moving to virtual platforms, several changes occurred in the recruitment process. Even in these conditions, IIM Amritsar outdid its previous performances by achieving 100% summer placements for its largest MBA batch since inception. The present batch has 212 students, with an increase of 50% from the previous year. The current batch of IIM Amritsar has also got diversity with 33 per cent female candidates and cultural diversity with representation from over 24 states of India.

IIM Amritsar saw over 100 recruiters partaking in the summer internship hiring process, a whopping 100% year-on-year increase in the organizations gracing IIM Amritsar. More than 80 companies were first-time recruiters. The summer internship drive saw big brands like Crompton Greaves, Jio Creative Labs, Kotak Mahindra, Adobe, Dalmia Group, IOCL, Haldiram’s, Shoppers Stop, Capital Food and Akshay Patra visiting for the first time, which exhibits the Industry's resolve in brand IIM Amritsar. The previous recruiters, including ICICI Lombard, RBI, Xiaomi, V-Guard, Cipla, HPCL, continued their association with the institute, bearing testimony to our alumni's astounding performance in the Industry.

All the summer internship processes were conducted seamlessly through the virtual mode, with admirable statistics, such as the top quartile average stipend and the highest stipend of ₹99,207 and ₹170,000, respectively. The recruitment drive provided the MBA batch opportunities in all management areas including but not limited to Marketing, Finance, Operations, Business Analytics, HR, and General Management.

The institute, despite the increase in the batch size by 50%, managed 100% summer placements of its fifth batch, while outperforming all its past benchmarks. The highest stipend offered this year was Rs. 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 Rs. 62,572 and Rs. 1,35,357, respectively.

The internship drive saw an overwhelming response from prominent recruiters like ICICI Lombard, Cipla, Landmark, L&T, Nielsen, CRISIL, GroupM, etc., offering a multitude of roles including business development, operations and analytics, supply chain, finance, and market research. The recruiters lauded IIM Amritsar for the variety and quality of the talent pool of the institute, which has only helped foster the industry-academia partnership of the institute. IIM Amritsar extends its profound gratitude to the recruiters for their continued support.

Keeping up with its phenomenal run of growth and development, IIM Amritsar has yet again surpassed all the previous benchmarks in the Summer Placements for the 2018-20 batch, with a staggering average stipend of INR 67,375, registering a YoY growth of 9.85%. The average stipend of top 25% students was up by 20.1% at INR1, 31, 000. During this placement season, a total of 55 recruiters visited our campus with 48% new recruiters who offered outstanding opportunities to the keen and proactive students of IIM Amritsar. Prominent recruiters like ICICI Lombard, GroupM, E&Y, RBI, HDFC Bank, BPCL, Rubique and Sutherland recruited a large number of candidates and appreciated the quality of talent pool in the institute. IIM Amritsar also believes in continuous growth and knitting new Industry relationships. Our new partners include ValueLabs, Huawei, Fujistu, RIL and many others.

Besides Consulting and BFSI sectors, the prominent emerging sectors included Ed-tech, Media & Media Analytics and Consumer Electronics. With the roles spanning from Strategy & Consulting, Sales, Marketing, Analytics, Finance to Operations management, the students will be endeavouring in various fields to build up their business acumen. Connected with the growth of the institute, the placements are a testament to the success, energy, passion and drive of the students of IIM Amritsar.

IIM Amritsar would take this opportunity to thank all the stakeholders and recruiters who ensured that the institute takes big strides toward success and achieves the coveted 100% Summers placement with astounding figures and growth.

IIM Amritsar witnessed a spectacular Summer Internship Placement season for the PGP 17-19 batch of its flagship Post Graduate Program in Management. The entire batch of 95 students secured Summer Internships from the Campus. A total of 46 organizations, which participated in the process, offered coveted profiles to the students spanning across diverse management domains. Consulting and Data Analytics were the most sought after roles closely followed by Sales and Marketing, Finance, Operations and HR. ICICI Lombard was the biggest recruiter followed by Ernst Young and Walmart. LnT, GroupM, Tata Motors, Sutherland Global, Shopclues, BPCL, HPCL, RBI, Canara Bank, Canara HSBC, IDBI Bank, Shree Cement, Muthoot Fincorp, MCX, Future Generali and BPL were other prominent recruiters, with some of them being first time participants.

The year also saw an enthusiastic participation from the social sector where students secured internships with ICICI Foundation, Rakshak Foundation and E-Vidyaloka.

The average saw a 23.2% jump on a Y-O-Y basis to INR 61,333 with the highest stipend offered being INR 1,60,000.

The second batch of IIM Amritsar, PGP02, has successfully concluded its summer internship placement process with flying colors. With a bold move to double the batch intake to 105 in the very second year, IIM Amritsar has been overwhelmed by the phenomenal response from industry, bagging the highest stipend offer of Rs. 1.1 Lakh.

Ernst and Young was the largest recruiter on campus, followed by many prominent industry names like ICICI Lombard, Maruti Suzuki, Shopclues, Toyota, SBI, EXIM Bank, Adani, DHFL Pramerica, PayU, IFFCO, Tega, RBI, Canara Bank, Choco-Swiss etc. The hot pick among the roles were Marketing and Consulting Advisory which constituted approximately 50% of the total offers. Finance, Operations, Data Analytics Strategy and HR constituted the rest of the offers. The average summer internship stipend saw a jump of 49.6% on a Y-O-Y basis.