IIM Amritsar Placements 2024: Highest Package: INR 58.52 LPA & Median Package: INR 15 LPA

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IIM Amritsar Placements 2024: Highest Package: INR 58.52 LPA & Median Package: INR 15 LPA

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Written By Epil Gagrai 

IIM Amritsar placements 2024 conclued with 100% placement. All the participating students were placed, 3 students joined their family business and 6 opted for entrepeneurship. Over 240 recruiters participated during the placement drive. 39 PPOs, 2 PPIs and 4 international offers were offered to the students. IIM Amritsar highest package recorded at INR 58.52 LPA and the median package at INR 15 LPAIIM Amritsar top quartile average package was recorded at INR 19.59 LPA and the median package at INR 17.69 LPA.

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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 Placements 2024 Report

Particulars Placement Statistics (2024) Placements Statistics (2023) Placements Statistics (2022)
Number of Recruiters 240 120+ 110+
Number of PPOs 39 25 23
Number of Students - 257 212
Highest Package INR 58.52 LPA INR 36.25 LPA INR 25.21 LPA
Average Package - INR 16.51 LPA INR 14.63 LPA
Median Package INR 15 LPA INR 16 LPA INR 13.54 LPA
Top Quartile Average Package INR 19.59 LPA INR 20.57 LPA INR 18.54 LPA
Top 50% Average Package - INR 19.54 LPA NA
Top Domains - Consulting / Strategy Marketing
Top Recruiters Landmark Group, TASC, Accenture, Adani Group, Tata group companies, Reliance Group, Amazon, Arcesium, EXL, GMR Group, ICICI Bank, Kotak Mahindra Bank, etc. 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 58.52 LPA.
  • IIM Amritsar average package of top quartile stood at INR 19.59 LPA.
  • IIM Amritsar median package of top quartile stood at INR 17.69 LPA
  • IIM Amritsar median package stood at INR 15 LPA.
  • 39 PPOs, 2 PPIs and 4 international offers were made. 
  • Among the total batch 3 students joined family business and 6 students opted for entreprenuership.

The below table shows the top Management Colleges Placement comparison:

IIMs Highest Package Average Package Median Package Number of Recruiters
IIM Nagpur INR 58.52 LPA - INR 15 LPA 240
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%

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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
2024 INR 58.52 LPA -
2023 INR 36.25 LPA INR 16.51 LPA
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

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%

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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

IIM Amritsar Summer Internship Top Recruiters

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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 2024, the highest package stood at INR 58.52 LPA & the average package for top quartile stood at INR 19.59 LPA. Students received 39 pre-placement offers. 240+ recruiters participated in IIM Amritsar Placements 2024.

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 36.25 LPA in 2023 to INR 58.52 LPA in 2024. 

Ques. What is the highest placement in IIM Amritsar?

Ans. The highest package stood at INR 58.52 LPA during IIM Amritsar Placements 2024.

Ques. Which is better IIM Amritsar or IIM Jammu?

Ans. IIM Amritsar Placements 2024 recroded the highest package of INR 58.52 LPA & the average package for the quartile was INR 19.59 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 2024 placement drive?

Ans. Students received an average salary of INR 19.59 LPA for the top quartile during IIM Amritsar Placements 2024.

Ques. How was IIM Amritsar Placements 2024?

Ans. During IIM Amritsar Placements 2024, the highest salary & average salary of stop quartile stood at INR 58.52 LPA & INR 19.59 LPA respectively. The institute recorded a 100% placement record with 39 PPOs, 2 PPIs and 4 International offers. 

Ques. What was the IIM Amritsar highest package offered during its 2024 placement drive?

Ans. The highest salary stood at INR 58.52 LPA during IIM Amritsar Placements 2024.

Ques. How many students got placed during IIM Amritsar Placements 2024?

Ans. 100% placement was recorded during IIM Amritsar Placements 2024.

Ques. How many PPOs were received during IIM Amritsar Placements 2024?

Ans. Students received 39 PPOs during IIM Amritsar Placements 2024.

Ques. How many recruiters participated in IIM Amritsar Placements 2024?

Ans. More than 240 recruiters participated in IIM Amritsar Placements 2024.

Ques. Who were the Top Recruiters for IIM Amritsar Placements 2024?

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.

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IIM Amritsar Highest and Average Package

Highest PackageAverage Package
36.25 L
16.51 L
07.3 Lakhs14.5 Lakhs21.8 Lakhs29.0 Lakhs36.3 Lakhs

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Rajdeep Singh Ajeet Singh
Rajdeep Singh Ajeet Singh
4.3Helpful
Reviewed on Sep 11, 2024(Enrolled 2022)

Placement Experience:

Placements were good. The students were given complete placement support for both summer internship and final placemtents. There was 100 percent placement in the college and more than 450 roles were offered for the final placement.

...Read More
Nikhilkumar Hiwale
4.3Helpful
Reviewed on Aug 14, 2024(Enrolled 2022)

Placement Experience:

Final Placement also starts from August along with the Summer internships, Usually till February Most of the students get placed, but during our time placements was bit challenging due to market conditions. everyone does not get placed some opt out and those who did not get placed have to search by their own. Few students from my batch are still yet to be placed, Placements committee is bringing companies but those companies are not good or paying much lesser. In my opinion Placement Process should be done by Management or any Agency, Students should not be involved in the Placements role. When students are involved for placements and they have been provided with so much control and power they misuses it. The Placement Committee run by students does not work with transparency lot of misuse of power and control is being done by those students.

...Read More
RITESH CHANDWANI
RITESH CHANDWANI
3.7Helpful
Reviewed on Mar 28, 2024(Enrolled 2023)

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

...Read More
Debalina Mandal
4.9
Reviewed on Jul 27, 2023(Enrolled 2023)

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.

...Read More
Somnil Dutta
Somnil Dutta
4.3Helpful
Reviewed on May 23, 2023(Enrolled 2022)

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.

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Anonymous
4.1Helpful
Reviewed on May 21, 2023(Enrolled 2021)

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.

...Read More
Ashutosh Kaul
4.2Helpful
Reviewed on May 16, 2023(Enrolled 2022)

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

...Read More
Saradindu Banik
4.1Helpful
Reviewed on May 12, 2023(Enrolled 2022)

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.

...Read More
ANJALI PALIWAL
4.4Helpful
Reviewed on May 11, 2023(Enrolled 2022)

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.

...Read More
SANDIT KUMAR PRADHAN
SANDIT KUMAR PRADHAN
5.0Helpful
Reviewed on May 10, 2023(Enrolled 2022)

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

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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?

Ashok Dubeformer Student at Indian Institute of Management Amritsar (2017-2019)

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.


 

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IIM Amritsar Alumni Distribution By Companies

Oyo Rooms 35%
Walmart 25%
Reserve Bank of India 20%
Tata Steel 20%

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Frequently Visited Companies

Companies
AmazonDellErnst & YoungInfosys
Maruti SuzukiAccentureHDFC BankTata Steel
MphasisKPMGTech MahindraL&T Ltd.
Pidilite IndustriesHFCLMind Tree LimitedFiitjee Group
ICICI LombardSBIVirtusaEmami Limited
Adani groupReserve Bank of IndiaCanara BankProtiviti Consulting Pvt. Ltd.

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Comments


2 Comments
A
aparna das
How is IIM Amritsar Placement?
S
Sweta Kumari

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.

A
ankita banerjee
Who are the Top Recruiters of IIM Amritsar?
A
Ashish Ramtari

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. 


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