IIM Amritsar Placements 2023: Average Package: INR 16.51 LPA & Highest Package: INR 36.25 LPA
IIM Amritsar Placements 2023: Average Package: INR 16.51 LPA & Highest Package: INR 36.25 LPA
IIM Amritsar placements 2023 final report is released. According to the report, 120+ recruiters participated and offered Jobs to 257 Students. 25 PPOs were offered during the placement drive. IIM Amritsar highest package recorded at INR 36.25 LPA. IIM Amritsar witnessed a 12.85% Increase in Average Package which stood at INR 16.51 LPA while the median average package increased by 14.28% which remained at INR 16 LPA. IIM Amritsar top quartile average package increased by 10.95% which was recorded at INR 20.57 LPA.
IIM Amritsar Summer Internship Placements 2024 final report is also released. 281 Students participated and received offers from 105+ top recruiters. The highest stipend was received at INR 2.40 Lakhs while the average stipend & median stipend remained at INR 82 K and INR 70 K respectively.
Table of Content
2.1 IIM Amritsar IT Sector Placements 2023
2.1 IIM Amritsar Automobile / Manufacturing Sector Placements 2023
2.1 IIM Amritsar BFSI Sector Companies 2023
2.1 IIM Amritsar Consulting Sector Placements 2023
2.1 IIM Amritsar FMCG Sector Placements 2023
2.1 IIM Amritsar Other Sector Placements 2023
- IIM Amritsar Placements 2023 Domain - Wise
- IIM Amritsar Placements 2023 Industry - Wise
- IIM Amritsar Average Package 2023
- IIM Amritsar Placements 2023 Top Recruiters
- IIM Amritsar Summer Internship Placements 2024
- IIM Amritsar Summer Internship Placements 2024 Domain - Wise
- IIM Amritsar Summer Internship Placements 2024 Industry - Wise
- IIM Amritsar Summer Internship Top Recruiters
- IIM Amritsar Alumni Network
- IIM Amritsar Placements FAQs
IIM Amritsar Placements 2023 Report
| Particulars | Placements Statistics (2023) | Placements Statistics (2022) |
|---|---|---|
| Number of Recruiters | 120+ | 110+ |
| Number of PPOs | 25 | 23 |
| Number of Students | 257 | 212 |
| Highest Package | INR 36.25 LPA | INR 25.21 LPA |
| Average Package | INR 16.51 LPA | INR 14.63 LPA |
| Median Package | INR 16 LPA | INR 13.54 LPA |
| Top Quartile Average Package | INR 20.57 LPA | INR 18.54 LPA |
| Top 50% Average Package | INR 19.54 LPA | NA |
| Top Domains | Consulting / Strategy | Marketing |
| Top Recruiters | Accenture, Adani, Deloitte, Cognizant, KPMG, Yes Bank, Infosys, L&T | Crompton Greaves, Dell, Gartner, Deloitte, E&Y, Genpact, HDFC Bank |
- IIM Amritsar highest package stood at INR 36.25 LPA.
- IIM Amritsar average package stood at INR 16.51 LPA.
- IIM Amritsar median package stood at INR 16 LPA.
- Top 25% average package stood at INR 20.57 LPA.
- Top 50% average package stood at INR 19.54 LPA.
- Consulting/Startegy domain (30%) was the dominant domain during the 2023 placement drive.
- The highest number of offers came from the BFSi sector (31%) followed by IT / Technology / Analytics sectors (29%).
The below table shows the top Management Colleges Placement comparison:
| IIMs | Highest Package | Average Package | Median Package | Number of Recruiters |
|---|---|---|---|---|
| IIM Nagpur | INR 64 LPA | INR 16.74 LPA | INR 16.85 LPA | 100+ |
| IMT Ghaziabad | INR 65.6 LPA | INR 17.35 LPA | INR 16 LPA | 150+ |
| IIM Jammu | INR 64 LPA | INR 16.50 LPA | INR 15.25 LPA | 126 |
| IMI Delhi | INR 50 LPA | INR 17.01 LPA | INR 16.33 LPA | 100+ |
Check IIM Amritsar Courses & Fees
IIM Amritsar Sector Wise Analysis 2023
As per the Information collected by Collegedunia, IIM Amritsar highest package of INR 30 LPA was offered by EXL followed by ZS which offered the package of INR 25 LPA. A total of 42 companies made offers in the placement drive of 2023 at IIM Amritsar: The following table represents the sector wise analysis for the batch 2023 at IIM Amritsar:
| Company | CTC Range |
|---|---|
| IT | INR 11 - 23 LPA |
| Automobile / Manufacturing | INR 6 - 18 LPA |
| BFSI | INR 10 - 23 LPA |
| Consulting | INR 10 - 30 LPA |
| FMCG | INR 12 - 20 LPA |
| Other | INR 12 - 22 LPA |
IIM Amritsar IT Sector Placements 2023
The following table represents the IT Sector Placements for the batch 2023 at IIM Amritsar:
| Company | CTC |
|---|---|
| Adobe | INR 15-18 LPA |
| Amazon | INR 15-17 LPA |
| Arcesium | INR 19-21 LPA |
| BenQ | INR 12-14 LPA |
| HCL | INR 12-13 LPA |
| Infosys | INR 11-13 LPA |
| Kore.ai | INR 21-23 LPA |
| Tata Advanced Systems | INR 11 LPA |
| Tech Mahindra | INR 12-13 LPA |
IIM Amritsar Automobile / Manufacturing Sector Placements 2023
The following table represents the Automobile / Manufacturing sector placements for the batch 2023 at IIM Amritsar:
| Company | CTC |
|---|---|
| BMW | INR 18 LPA |
| Mercedes Benz | INR10-12 LPA |
| Nippon Steel | INR 15-17 LPA |
| TVS | INR 16 LPA |
IIM Amritsar BFSI Sector Companies 2023
The following table represents the BFSI Sector placements for the batch 2023 at IIM Amritsar:
| Company | CTC |
|---|---|
| Crisil | INR 10-13 LPA |
| HDFC Bank | INR 12-14 LPA |
| ICICI Bank | INR 16-18 LPA |
| Kotak Mahindra Bank | INR 16 LPA |
| Tata AIA | INR 17-18 LPA |
| Tata Capital | INR 15-16 LPA |
| Yes Bank | INR 20-23 LPA |
IIM Amritsar Consulting Sector Placements 2023
The following table represents the consulting sector placements for the batch 2023 at IIM Amritsar:
| Company | CTC |
|---|---|
| Accenture | INR12.5 LPA |
| Blackrock | INR 17-20 LPA |
| Cognizant | INR 15-18 LPA |
| Deloitte | INR 10-12 LPA |
| EXL | INR 25-30 LPA |
| EY | INR 10-12 LPA |
| Genpact | INR 10-14 LPA |
| KPMG | INR 10-12 LPA |
| McKinsey | INR 20-22 LPA |
| PWC | INR 12-15 LPA |
| Tiger Analytics | INR 15-17 LPA |
| Tresvista | 17-19 |
| ZS | 25-27 |
IIM Amritsar FMCG Sector Placements 2023
The following table represents the FMCG sector placements for the batch 2023 at IIM Amritsar:
| Company | CTC |
|---|---|
| DS Group | 12-14 |
| Godrej | 17-20 |
IIM Amritsar Other Sector Placements 2023
The following table represents the other sector placements for the batch 2023 at IIM Amritsar:
| Company | CTC |
|---|---|
| ArcelorMittal | 17-20 |
| Brane | 20-22 |
| L&T | 12-14 |
| Times Group | 12-14 |
| Cipla | 15-18 |
IIM Amritsar Placements 2023 Domain - Wise
The below table represents the domain-wise statistics of IIM Amritsar Placements 2023:
| Domain | Percentage of Offers |
|---|---|
| Consulting / Strategy | 30% |
| Finance | 24% |
| Sales & Marketing | 17% |
| IT & Analytics | 14% |
| Others | 16% |
IIM Amritsar Placements 2023 Industry - Wise
The below table shows the industry-wise statistics of IIM Amritsar Placements 2023:
| Industry | Percentage of Offers |
|---|---|
| BFSI | 31% |
| IT / Technology / Analytics | 29% |
| Consulting | 13% |
| Manufacturing / Logistics | 10% |
| Ecommerce / Retails / Advertising | 6% |
| Development / Construction | 5% |
| FMCG / FMCD | 4% |
| Automobile | 2% |
Check IIM Amritsar Admission
IIM Amritsar Average Package 2023
The below table represents IIM Amritsar average package & highest package offered in year-wise manner:
| Placement Year | IIM Amritsar Highest Package | IIM Amritsar Average Package |
|---|---|---|
| 2022 | INR 25.21 LPA | INR 14.63 LPA |
| 2021 | INR 18.16 LPA | INR 12.67 LPA |
| 2020 | INR 40 LPA | INR 12.61 LPA |
IIM Amritsar Placements 2023 Top Recruiters
Check IIM Amritsar Ranking
IIM Amritsar Summer Internship Placements 2024
| Particulars | Internship Statistics (2024) | Internship Statistics (2023) |
|---|---|---|
| Number of Recruiters | 105+ | 101 |
| Highest Stipend | INR 2.40 Lakhs | INR 3.50 Lakhs |
| Average Stipend | INR 82 K | INR 60 K |
| Median Stipend | INR 70 K | INR 50 K |
| Top Quartile Average Stipend | INR 1.25 Lakhs | INR 1.13 Lakhs |
| Top Domains | Sales / Marketing | Marketing |
| Top Recruiters | Adani, Amazon, Decathlon, Tech Mahindra, Piramal, Schindler | Cognizant, Jio, Microsoft, Adobe, Cipla, Dalmia, ICICI Bank |
IIM Amritsar Summer Internship Placements 2024 Domain - Wise
IIM Amritsar Summer Internship 2024 domain - wise split is tabulated below:
| Domain | Percentage of Offers |
|---|---|
| Sales / Marketing | 34% |
| Research | 15% |
| Operations / SCM | 11% |
| Consulting / Strategy | 10% |
| Finance | 9% |
| IT / Analytics | 7% |
| HRM | 7% |
| Product | 6% |
Check IIM Amritsar Scholarship
IIM Amritsar Summer Internship Placements 2024 Industry - Wise
The below table shows the industry-wise statistics of IIM Amritsar Summer Internship Placements 2024:
| Industry | Percentage of Offers |
|---|---|
| BFSI | 30% |
| E-commerce / Retails / Advertising | 16% |
| IT / Technology / Analytics | 15% |
| Manufacturing / Logistics | 12% |
| Development / Construction | 7% |
| Consulting | 7% |
| FMCG / FMCD | 6% |
| Education / EdTech | 4% |
| Others | 2% |
IIM Amritsar Summer Internship Placements 2024 Top Recruiters
Check IIM Amritsar Hostel
IIM Amritsar Alumni Network
| Company Name | Number of Alumni | Company Name | Number of Alumni |
|---|---|---|---|
| ICICI Bank | 17 | TCS | 3 |
| Cognizant | 13 | TVS Motor Company | 3 |
| Tata Capital | 8 | Porter | 3 |
| E&Y | 7 | Maruti Suzuki India Limited | 3 |
| Kore.ai | 6 | Cerestra Partnerships | 2 |
| Livguard | 4 | Accenture | 2 |
| Bandhan Bank | 3 | - | - |
IIM Amritsar Placements FAQs
Ques. How are placements at IIM Amritsar?
Ans. During IIM Amritsar Placements 2023, the highest package stood at INR 36.25 LPA & the average package stood at INR 16.51 LPA. Students received 25 pre-placement offers. 120+ recruiters participated in IIM Amritsar Placements 2023.
Ques. Is IIM Amritsar worth joining?
Ans. IIM Amritsar has good placement record over years. The salary packages are increasing every next year. The highest package increased from INR 25.21 LPA in 2022 to INR 36.25 LPA in 2023. The average package also increased by 12.85% in 2023.
Ques. What is the highest placement in IIM Amritsar?
Ans. The highest package stood at INR 36.25 LPA during IIM Amritsar Placements 2023.
Ques. Which is better IIM Amritsar or IIM Jammu?
Ans. IIM Amritsar Placements 2023 recroded the highest package of INR 36.25 LPA & the average package of INR 16.51 LPA. In other hand, IIM Jammu Placements 2023 recroded the highest package of INR 64 LPA & the average package of INR 16.50 LPA.
Ques. How is IIM Amritsar Summer Placement?
Ans. During IIM Amritsar Summer Internship Placements 2023, the highest stipend stood at INR 2.40 Lakhs & the average stipend stood at INR 82.K. 105+ recruiters participated in the summer internship placement drive.
Ques. What was the IIM Amritsar average package during its 2023 placement drive?
Ans. Students received an average salary of INR 16.51 LPA during IIM Amritsar Placements 2023.
Ques. How was IIM Amritsar Placements 2023?
Ans. During IIM Amritsar Placements 2023, the highest salary & average salary stood at INR 36.25 LPA & INR 16.51 LPA respectively. 257 students received placement offers from 120+ recruiters during the placement drive.
Ques. What was the IIM Amritsar highest package offered during its 2023 placement drive?
Ans. The highest salary stood at INR 36.25 LPA during IIM Amritsar Placements 2023.
Ques. How many students got placed during IIM Amritsar Placements 2023?
Ans. 257 students got placed during IIM Amritsar Placements 2023.
Ques. How many PPOs were received during IIM Amritsar Placements 2023?
Ans. Students received 25 PPOs during IIM Amritsar Placements 2023.
Ques. How many recruiters participated in IIM Amritsar Placements 2023?
Ans. More than 120 recruiters participated in IIM Amritsar Placements 2023.
Ques. Who were the Top Recruiters for IIM Amritsar Placements 2023?
Ans. Accenture, Adani, Deloitte, Cognizant, KPMG, Yes Bank, Infosys, L&T, Kotak Bank, HSBC, Dalmia were some of the Top Recruiters for IIM Amritsar Placements 2023.
Ques. What was the highest stipend offered during IIM Amritsar Summer Internship Placements 2024?
Ans. The highest stipend stood at INR 2.40 Lakhs during IIM Amritsar Summer Internship Placements 2024.
Ques. What was the average stipend offered during IIM Amritsar Summer Internship Placements 2024?
Ans. Students received an average stipend of INR 82 K during IIM Amritsar Summer Internship Placements 2024.
IIM Amritsar Highest and Average Package
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Why To Join IIM Amritsar - Reviews & Rating
Most Popular Tags
Likes
- Environment overall, people, some of the faculty (teaching wise)
- Activities that take place throughout the year
Dislikes
- Travel time I’m bus daily, is tiring and hectic
- Sometimes the environment become so much competitive
Placement Experience:
SIp starts from 2nd term itself. We have placement week as well Placements are good, companies come to campus Mostly banks plus marketing companies Tech companies have been in trend as well I'll go for job only 100% placement record In ours batch as well as seniors all got placed
Likes
- The environment of the college really helps you get ready to face the corporate world after the degree.
- The faculty, staff, senior and peers are all very helpful and supportive.
Placement Experience:
The institute provides 100% placement to the students. The top companies of the nation also hire IIM graduates in the corporate sector. In the last 5 years, all the students who have graduated from the institute have been placed well.
Likes
- Some of the faculties are really good and cooperative
- The placement scenario is quite decent for a Newer IIM.
Dislikes
- We are currently operating out of a temporary campus and it will take two more years for our permanent campus to get build.
Placement Experience:
We have 3 trimesters each year and final placements start from the beginning of 5th trimester. Our average for the 2021-23 batch was 16.51 LPA and the lowest salary was 8 LPA and the highest was 36 LPA.
Likes
- Hostel life, Faculties, Class Discussions.
- Ample opportunities to learn, grow and network.
Dislikes
- Daily transit from Hostel to College is unbearable.
- Strict rule on attendance (80%), else grade drops.
Placement Experience:
100% Placements through campus. Process starts after completion of 4th term. Highest package around 40 LPA - Abroad and average around 15 LPA. Plenty of MNCs offering diverse profiles. From IT, Consulting, Automobile, FMCG backgrounds.
Likes
- Sports facilities and recreation room for fun
- Hostels and rooms allotted. Plenty of space
Dislikes
- No permanent campus. Have to go in buses to college
- Mess food quite expensive but not as good.
Placement Experience:
100% of students are placed and most of them are in their preferred roles. Additionally, the average package is almost comparable to the. Fees. Also, the profile and resume of the student matter the most as also grades in MBA
Likes
- The faculties are knowledgeable and approachable.
- The hostel and mess facilities are very good.
Dislikes
- Distance between transit campus and hostel, it takes 30 mins to travel one way.
Placement Experience:
IIM Amritsar assists the students in securing their final placements and as well as the summer internship. Corporates come to campus at the start of the 5th trimester to recruit the students. This placement season, more than 120 companies visited the campus for recruitment which, included companies like Adani, Accenture, BenQ, Crisil, Essar, EXL, EY, Genpact, HCL, kore.ai, LatentView Analytics, KPMG, Maruti & Suzuki, Porter, Schindler, Tata Capital, Tech Mahindra, Tiger Analytics, TVS, VIP, Yes Bank, ZS and many more. The average package was 16.51 lakh and 20.57 for the top quartile. 100% of students are placed during the placement season. I want to work in Marketing and Analytics domain after completing my degree.
Likes
- The accomodation provided by the college is very good.The room is spacious and every facility is there.
- Faculty member is very friendly and helpful.
Dislikes
- The thing that i disliked is not having a permanent campus. Though its not a big issue as the transportation facility is being provided by the college.
Placement Experience:
The placement opportunity is provided in the college and to coordinate there is a placement committee. Good no. Companies visit every year for the summer as well as final placements and the college provides 100% placement opportunities.
Likes
- Campus Life is really great. You get to make great connections.
- Industry exposure is quite real in this college.
Dislikes
- Permanent campus is still in progress for now.
Placement Experience:
From the 4th trimester, you're eligible to it for placements once the companies start coming. ICICI, Arcesium, Tiger Analytics, BMW, Maruti Suzuki, McKinsey, Bluestone, Livguard, Porter, Cipla, HCL, Reliance, TVS, Latent View Analytics, Benq, ICICI Lombard, Leap India, VIP, VGuard, Kotak Mahindra Bank, HDFC Bank, TATA Capital, Kore AI, Adani Group, RBI, SBI, Cognizant, Deloitte etc Highest- 42LPA, Average - 16LPA 100% Job
Likes
- Hostel and social life, examination pattern
- Students actively participating in the classroom
Dislikes
- Travelling daily to the transit campus as permanent campus is not available
Placement Experience:
After term 4 placements are available at the college Almost 60 companies visit with at least 1 offer to each student apart from PPOs. Highest 27 lacs average 16 lacs 100 per cent of students get placed Decent placement in a good and respectful company
Likes
- Network - Since all the students are staying in hostel, it is easy to connect with everyone
- Flexibility - The hostels dont have much restrictions and provide a free environment
Dislikes
- Commute - Since permanent campus is yet to be completed, the commute between hostel and classes becomes a real job
- Specialization - Only in 2nd year, you get to choose the specialization, and in 1st year you dont have that freedom
Placement Experience:
Placements starts in 4th term (start of 2nd year). The average package is 16 lakhs per annum, and the median package is 15 lakhs per annum. All the students who are not opting out of placement policy are placed. My aim is to get placed through campus placements.
IIM Amritsar: 1 Answered Question
Did RBI visit IIM Amritsar for recruitment as per the recent placement report? If yes, what profile did they offer?
IIM Amritsar has made its name in the IIM family due to the following
- Corporate Competitions’ Presence
- Student Achievements
- Placement Records
All these achievements have made it among the fastest-growing IIMs. So I don’t understand why people keep questioning and judging an Institute of National Importance.
Now coming to your question, yes RBI did visit the IIM Amritsar campus for recruitment last year for Summer Internships but the exact role and package were not revealed to the public. Try to get in touch with some batchmates to get this info.
IIM Amritsar Alumni Distribution By Companies
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Amazon | Dell | Ernst & Young | Infosys |
| Maruti Suzuki | Accenture | HDFC Bank | Tata Steel |
| Mphasis | KPMG | Tech Mahindra | L&T Ltd. |
| Pidilite Industries | HFCL | Mind Tree Limited | Fiitjee Group |
| ICICI Lombard | SBI | Virtusa | Emami Limited |
| Adani group | Reserve Bank of India | Canara Bank | Protiviti Consulting Pvt. Ltd. |
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IIM Amritsar placements 2023 final report is released. According to the report, 120+ recruiters participated and offered Jobs to 257 Students. 25 PPOs were offered during the placement drive. IIM Amritsar highest package recorded at INR 36.25 LPA. IIM Amritsar witnessed a 12.85% Increase in Average Package which stood at INR 16.51 LPA while the median average package increased by 14.28% which remained at INR 16 LPA. IIM Amritsar top quartile average package increased by 10.95% which was recorded at INR 20.57 LPA. IIM Amritsar Summer Internship Placements 2024 final report is also released. 281 Students participated and received offers from 105+ top recruiters. The highest stipend was received at INR 2.40 Lakhs while the average stipend & median stipend remained at INR 82 K and INR 70 K respectively.
IIM Amritsar has more than 120 recruiters which visit its campus every year. The top recruiters of IIM Amritsar are Accenture, Adani, Deloitte, Cognizant, KPMG, Capegemini, Yes Bank, Infosys, Crompton, Dell, Genpact, Gartner.