IIM Amritsar Placements 2024: Highest Package, Average Package, Top Companies ,

What’s new regarding IIM Amritsar placements 2024? The institute has released the final placement report for the MBA batch 2022-24. Over 250 recruiters participated, including more than 120 new recruiters. The highest domestic and international packages stood at INR 28 LPA and INR 58.52 LPA, respectively. Furthermore, the IIM Amritsar average package for the top quartile stood at INR 19.73 LPA and the top quartile median package offered was INR 18.01 LPA. Finance emerged as the top recruiting domain. The list of recruiters participating in IIM Amritsar placements 2024 included Aon, Accenture, Adani Group, MAQ Software, and many others.

Further, the institute has completed summer placements for the MBA batch 2023-25, which comprised 281 students. The highest stipend offered during summer placements was INR 2.75 lakh. More than 200 recruiters participated, including Tata Steel, Flipkart, Infosys, Amul, etc.

IIM Amritsar Placements 2024:

  • An upsurge of almost 61% was recorded in the 2024 highest package when compared with 2023
  • A slight drop of almost 4% was recorded in the top quartile average package 2024 when compared with 2023

IIM Amritsar Placements 2024: Highlights

The key highlights of IIM Amritsar placements 2024 and 2023 are tabulated below:

Particulars Placement Statistics (2023) Placement Statistics (2024)
Highest package INR 36.25 LPA

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

Average package

- INR 16.51 LPA (Overall)

- INR 20.57 LPA (Top quartile)

INR 19.73 LPA (Top quartile)
Median package INR 16 LPA (Overall) INR 18.01 LPA (Top quartile)
Total recruiters 120+ 250+
New recruiters N/A 120+
PPOs 25 N/A
International offers 2 N/A
Popular recruiters TVS, PwC, KPMG RAK Ceramics, Infosys, Axis Bank
IIM Amritsar placements

IIM Amritsar Placements 2024: Comparison with other IIMs

The comparative analysis of IIM Amritsar placements 2024 with other closely ranked IIMs is presented below:

IIM Name Average Package (2024) Highest Package (2024)
IIM Amritsar INR 19.73 LPA (Top quartile)

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

IIM Visakhapatnam INR 15.61 LPA INR 43.25 LPA
IIM Sambalpur INR 14.21 LPA

- INR 23.50 LPA (Domestic)

IIM Nagpur  INR 16.29 LPA INR 38.40 LPA

IIM Amritsar Average Package 2024

The overall IIM Amritsar average package for the 2024 batch has not been released. However, the institute has disclosed the top quartile average package, which is as follows:

Particulars Placement Statistics (2024)
Top quartile average package INR 19.73 LPA

The overall average package for the 2023-24 academic year is not out. However, comparing the past two years stats (2022 to 2023), a growth of nearly 13% was recorded in the overall average package from 2022 to 2023. Alongside this, the top quartile average package has been fluctuating over the past three years. For a detailed analysis refer to the table below showcasing the IIM Amritsar MBA average package trends:

Particulars Placement Statistics (2022) Placement Statistics (2023) Placement Statistics (2024)
Overall average package INR 14.63 LPA INR 16.51 LPA N/A
Top quartile average package INR 18.54 LPA INR 20.57 LPA INR 19.73 LPA
Top 50% average package N/A INR 19.54 LPA N/A

IIM Amritsar Placements 2024: Top Recruiters

Some of the leading corporate giants that were part of IIM Amritsar placements 2024 are listed below:

IIM Amritsar Placements 2024: Top Recruiters
Landmark Group Adani Group CRISIL
Genpact TVS Flipkart
Amazon TASC EY
Deloitte Accenture TCS

Download:

IIM Amritsar Final Placement Report 2024 Download
IIM Amritsar Summer Placement Report 2023-25 Download

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IIM Amritsar - Indian Institute of Management Admission Compare IIM Amritsar - Indian Institute of Management with other IIMs

IIM Amritsar Placements FAQs

Some of the frequently asked placement questions are mentioned below:

Q:   How good are the placements at IIM Amritsar?

A:

The institute has a remarkable placement record. As per the latest reports, over 250 recruiters visited the institute campus during the 2024 drive, including over 120 first-time recruiters. Furthermore, the highest international package offered was INR 58.52 LPA and the highest domestic package stood at INR 28 LPA. Check the complete insights of IIM Amritsar placements 2024 from the table below:

ParticularsPlacement Statistics (2024)
the highest package

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

Average packageINR 19.73 LPA (Top quartile)
Median packageINR 18.01 LPA (Top quartile)
Total recruiters250+
New recruiters120+
Popular recruitersRAK Ceramics, Infosys, Axis Bank
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Q:   Which was the top industry during IIM Amritsar placements?

A:

The majority of offers attracted during 2024 placements were in the BFSI industry. This was followed by the Consulting industry. The industry-wise distribution of IIM Amritsar placements for the MBA batch 2022-24 is presented below:

Industry

Placement Percentage (2024)

BFSI

38%

Consulting

24%

Technology/ Analytics/ IT

16%

Manufacturing

7%

FMCG/ FMCD

6%

Logistics

3%

Others

6%

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Q:   Which one is better, IIM Vizag vs IIM Amritsar?

A:

The table given below shows the salary comparison of closely ranked IIMs:

IIM NameAverage Package (2024)Highest Package (2024)
IIM AmritsarINR 19.73 LPA (Top quartile)

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

IIM VisakhapatnamINR 15.61 LPAINR 43.25 LPA
IIM SambalpurINR 14.21 LPA

- INR 23.50 LPA (Domestic)

IIM NagpurINR 16.29 LPAINR 38.40 LPA

IIM Amritsar is better in some ways whereas IIM Visakhapatnam is better in other ways. Hence, it depends on students what forms their foremost preference. 

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Q:   Is IIM Amritsar worth joining?

A:

In terms of placements, the institute has achieved remarkable numbers. The highest package has improved over the past three years. The participation of companies has also increased from 2022 to 2024. The following table represents the IIM Amritsar placement trends for the past three years:

ParticularsPlacement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)
Highest packageINR 25.21 LPAINR 36.25 LPA (International)

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

Average package

- INR 14.63 LPA (Overall)

- INR 18.54 LPA (Top quartile)

- INR 16.51 LPA (Overall)

- INR 20.57 LPA (Top quartile)

INR 19.73 LPA (Top quartile)
Median packageINR 13.54 LPA (Overall)INR 16 LPA (Overall)INR 18.01 LPA (Top quartile)
No. of PPOs2325N/A
No. of companies participated110+120+250+
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Q:   Which is better for an MBA, IIM Amritsar or IIT Roorkee?

A:

The official data for IIT Roorkee placements 2024 has not been released. However, as per the data fetched from media reports, the average package offered to IIT Roorkee MBA batch 2024 was INR 20 LPA. On the other hand, IIM Amritsar average package for the top 25% offers of MBA batch 2022-24 stood at INR 19.73 LPA. The table below compares IIM Amritsar and IIT Roorkee for MBA placements 2024:

Institute NameAverage Package (2024)Highest Package (2024)
IIM AmritsarINR 19.73 LPA (Top quartile)

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

IIT RoorkeeINR 20 LPA

INR 2.05 crore per annum

NOTE: The IIT Roorkee placement stats are gathered from multiple media reports.

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Q:   Where are IIM Amritsar alumni placed?

A:

According to unofficial online sources, the majority of IIM Amritsar alumni are working in the Business Development sector with a 24% share. The other top sectors that involve the majority of alumni are Operations and Consulting with 23% and 19% shares, respectively. See the below pie chart illustrating the detailed sector-wise distribution of alumni:

IIM Amritsar alumni

 

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Q:   What is the salary offered during IIM Amritsar placements?

A:

During 2024 placements, the overall the highest package offered was INR 58.52 LPA. Further, the average package and median package for top quartile stood at INR 19.73 LPA and INR 18.01 LPA, respectively. Looking at the past three years' data, an improving trend was observed in the salaries offered. The table below depicts the IIM Amritsar package trends for reference:

ParticularsPlacement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)
Highest packageINR 25.21 LPAINR 36.25 LPA

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

Average package

- INR 14.63 LPA (Overall)

- INR 18.54 LPA (Top quartile)

- INR 16.51 LPA (Overall)

- INR 20.57 LPA (Top quartile)

INR 19.73 LPA (Top quartile)
Median packageINR 13.54 LPA (Overall)INR 16 LPA (Overall)INR 18.01 LPA (Top quartile)
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Q:   Who were the recruiters at IIM Amritsar placements?

A:

During 2024 placements, the institute witnessed the participation of recruiters from varied sectors such as Aerospace, Analytics, Automobile, BFSI, FMCG/ FMCD, Consulting, IT, Logistics, Oil & Gas, etc. Several first-time recruiters also participated in 2024 placements. Some of the prominent companies that were part of IIM Amritsar placements 2024 are listed below:

IIM Amritsar Placements 2024: Top Recruiters
Landmark GroupAdani GroupCRISIL
GenpactTVSFlipkart
AmazonTASCEY
DeloitteAccentureTCS
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Q:   Which is better IIM Jammu or IIM Amritsar?

A:

More than 2500 companies participated in the 2024 IIM Amritsar placements. On the other hand, 154 companies were part of IIM Jammu placements 2024. The table below compares the 2024 placement statistics of IIM Amritsar and IIM Jammu:

IIM NameHighest Package (2024)Average Package (2024)Companies Visited (2024)
IIM Amritsar 

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

INR 19.73 LPA (Top quartile)250+
IIM JammuINR 31.75 LPAINR 15.48 LPA154
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Q:   What is the highest package at IIM Amritsar?

A:

During 2024 placements, the highest domestic package stood at INR 28 LPA. Students also managed to grab international offers with the highest international package of INR 58.52 LPA. Earlier, the highest package offered in 2023 was INR 36.25 LPA. Looking at the past three years' stats (2022 to 2024), an improving trend was recorded in the highest package. The table below represents the IIM Amritsar the highest package trends:

ParticularsPlacement Statistics (2022)Placement Statistics (2023)Placement Statistics (2024)
the highest packageINR 25.21 LPAINR 36.25 LPA

- INR 58.52 LPA (International)

- INR 28 LPA (Domestic)

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Q:   How are placements at IIM Amritsar?

A:

The institute has completed the placement session for the MBA batch 2022-24. The highest domestic and highest international packages offered to the 2024 passing-out batch were INR 28 LPA and INR 58.52 LPA, respectively. Alongside, over 250 recruiters participated in the drive. This included more than 120 new recruiters. The average package and median package for for top 25% offers stood at INR 19.73 LPA and INR 18.01 LPA, respectively.

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Q:   Which was the top domain during IIM Amritsar placements?

A:

Finance emerged as the top recruiting domain with a 35% share. The second in the sequence was the General Management domain. The  domain-wise distribution of IIM Amritsar placements 2024 is showcased below:

IIM Amritsar placements

 

 
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Q:   How were IIM Amritsar summer placements?

A:

The institute has successfully concluded the summer placements for the MBA batch 2023-25. More than 200 companies participated and the highest stipend stood at INR 2.75 lakh. The key highlights of IIM Amritsar summer placements for batch 2023-25 are tabulated below:

ParticularsStatistics (Batch 2023-25)
Batch size320
No. of recruiters200+
Highest stipendINR 2.75 lakh
Top quartile average stipendINR 1.34 lakh
New recruiters40+
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Q:   What was the highest stipend offered during IIM Amritsar summer placements?

A:

As per the latest report, the highest stipend offered to the MBA batch 2023-25 was NR 2.75 lakh. Alongside this, the average stipend for top quartile has also been released officially. The table below mentions the stipend details for IIM Amritsar summer placements 2023-25:

ParticularsStatistics (2023-25)
Highest stipendINR 2.75 lakh
Top quartile average stipendINR 1.34 lakh
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Q:   In which domain the highest offers were made during IIM Amritsar summer placements?

A:

Of all the domains, Sales/ Marketing was the top domain with 41% of offers attracted. The second in the sequence was the Finance domain with a 31% share. Take a look at the below snip showcasing the domain-wise distribution of IIM Amritsar summer placements 2023-25:

IIM Amritsar summer placements

Source: Official Report

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Q:   Who were the top recruiters during IIM Amritsar summer placements?

A:

Some of the eminent companies that participated in IIM Amritsar summer placements for the MBA batch 2023-25 are listed in the table below:

IIM Amritsar Summer Placements 2023-25 Batch: Top Recruiters
Union BankTata SteelCRISIL
Schneider ElectricPiramalKPMG
Adani GroupAmulCRISIL
American ExpressInfosysArcesium India Private Limited
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Q:   Which was the top industry during IIM Amritsar summer placements?

A:

A large share of offers made during summer placements 2023-25 were in the BFSI industry. This was followed by the Education/ EdTech industry. The following table illustrates the industry-wise distribution of IIM Amritsar summer placements 2023-25:

Industry

Placement Percentage (2023-25)

BFSI

34%

Education/ EdTech

17%

IT/ Technology/ Analytics

12%

Manufacturing/ Logistics

10%

Consulting

8%

E-commerce/ Retail/ Advertising

8%

FMCG/ FMCD

4%

Healthcare

4%

Others

3%

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Placement Reviews

Overall Placement Rating (Out of 5)

4.6

Based on 63 Verified Reviews

Distribution of Rating

The Verified badge indicates that the reviewer's details have been verified by Shiksha, and reviewers are bona fide students of this college. These reviews and ratings have been given by students. Shiksha does not endorse the same. Out of 69 published reviews, 63 reviews are verified.
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Anonymous | Executive Master of Business Administration (EMBA) - Batch of 2024
Reviewed on 28 Feb 2024
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
My college faculty is good.

Placements: The placements boast opportunities; evidenced by the high number of placements, they offer renowned companies such as big companies that offer internships and visit campus students across the highest package of 15 to 80 lacs. In my college, the availability package is the maximum package.

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Anonymous | Master of Business Administration (MBA) - Batch of 2024
Reviewed on 4 Feb 2024
Verified
4.8
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Take Admission in IIM Amritsar and it gives a wing to your dream .

Placements: Good placement opportunities are always provided with a higher number of placements. Placements are offered in well-reputed companies, with a lot of companies visiting our campus like ICICI Lombard, Cipla, etc. Placements are available for all domains. The highest package is 40 LPA, while the average and lower packages are 25 LPA and 8 LPA, respectively.

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Anonymous | Master of Business Administration (MBA) - Batch of 2024
Reviewed on 18 Feb 2024
Verified
3.6
Placements 4 Infrastructure 3 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 3
Details about my college with my point of view.

Placements: 100% campus placement with the process starting after the 4th semester. The highest package around INR 40 LPA abroad and average around 15LPA. Diverse profiles offered by MNC in IT Companies. Summer internships are limited with stipend ranging from 0 to 15000INR per month. Opportunities mainly from startups and some MNVC in various roles like Salem, Marketing and etc.

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A
ADITI SOOD | MBA in Business Analytics - Batch of 2024
Reviewed on 24 Jan 2024
Verified
4.2
Placements 5 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 4
College placement is 100 percent.

Placements: IIM Amritsar assists 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, Teach Mahindra, Tiger Analytics, TVS, VIP, Yes Ba...

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A
Aditi Sood | Master of Business Administration (MBA) - Batch of 2024
Reviewed on 18 Jan 2024
Verified
3.8
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 3
Good College and best facilities.

Placements: The top college in Amritsar is IIM, known for its excellence. Approximately 54% of students are placed in reputable companies, with the highest package being 21 lakhs and the lowest package being 6 lakhs. On average, students receive a package of 12 lakhs. Renowned companies like HCL, Wipro, TCS, and KPMG actively recruit from the college. Moreover, the college offers excellent internship opportunities with top-notch facilities.

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A
Aayush Kumar | Master of Business Administration (MBA) - Batch of 2022
Reviewed on 20 Aug 2020
Verified
5.0
Placements 5 Infrastructure 5 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Best among the baby Iims.

Placements: Placement is one of the best aspect of IIM Amritsar. It has the best placement among the baby IIM. It has achieved 100% placement in both summer and final Placement with quality recruiters since its inception. The highest package for last year stood at 40 LPA and average of 12.6 LPA. For top 25% of the batch the figure stood at 17.8 LPA in final placement drive. The figure itself represents the quality of students, faculty and college itself.

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V
Vinoth Kumar V | Master of Business Administration (MBA) - Batch of 2021
Reviewed on 20 Aug 2020
Verified
4.8
Placements 5 Infrastructure 4 Faculty & Course Curriculum 5 Crowd & Campus Life 5 Value for Money 5
Extremely good faculty members. Guest lectures and conclaves conducted for better exposure.

Placements: IIM Amritsar has been providing 100% placement consistently. The students are getting placement from various domain such as financial industry, Marketing, Hr and operations from the top companies. The internship has been adding more values to the studies because the internship offers are provided by very good companies. Various Live project opportunity has been provided for continuous learning purpose.

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V
VARUN JAIN | Master of Business Administration (MBA) - Batch of 2021
Reviewed on 20 Aug 2020
Verified
4.0
Placements 4 Infrastructure 4 Faculty & Course Curriculum 4 Crowd & Campus Life 4 Value for Money 4
Our college has an absolutely fantastic environment to learn and grow.

Placements: Almost 100% of the students from our seniors batch, i.e., 2018-2020 got placed, while 100% summer placements were conducted for our batch. The highest salary package offered was around 40 LPA, and the lowest salary package offered was around 10 LPA. Companies like big four companies, ICICI Lombard, Group M, L&T, etc., visit our campus regularly for placements. Almost 100% of the students got selected for summer internships in very well known companies like Cipla, Landmark, L&T Crisil and many mo...

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Student Forum

chatAnything you would want to ask experts?
Write here...

Answered 2 months ago

{Source: MBA/PGDM students & alumni}

Success Rate of Placements for MBA/PGDM Students at IIM Amritsar

According to the feedback from students and alumni, IIM Amritsar's placement cell has consistently achieved remarkable success rates:

* 100% placement rate: As mentioned by multiple students, IIM Amri

...more

A

Atul Mishra

Beginner-Level 1

Answered 7 months ago

After completing degree from one of the best MBA Colleges in India, students are open to multiple opportunities. An MBA graduate gets jobs which include team lead and managerial responsibility of the department. Given below are some of the popular job options after MBA from IIM Amritsar:

MBA jobs

Average salary (INR)*

Finance Manager

9.6 LPA

Marketing Manager

10 LPA

Sales Manager

10 LPA

Human Resources Manager

4 LPA

Operations Manager

7 LPA

Product Manager

15 LPA

*The salary

...more

N

Nishtha Shukla

Contributor-Level 10

Answered 7 months ago

IIM Amritsar offers two-year MBA Human Resource programme. MBA is the flagship course of IIM Amritsar. Talking about its placement, the institute has not released the placement data specifically for HR. However, as per the latest placement statistics, more than 120 companies visited the institute ca

...more

N

Nishtha Shukla

Contributor-Level 10

Answered a year ago

The average and median package offered during the campus placement of IIM Amritsar for the year is INR 16.51 LPA and INR 16 LPA, respectively. Given below is the placement details for the MBA programme for the year 2022 and 2023.

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

the highest package

INR 25.21 LPA

INR 36.25 LPA (international)

Average package

INR 14.63 LPA

INR 16.51 LPA

Median package

INR 13.54 LPA

INR 16 LPA

Top 25% average package

INR 18.54 LPA

INR 20.57 LPA

Top 50% average package

N/A

INR 19.54 LPA

No. of PPOs

23

25

No. of companies participated

110+

120+

Total students

N/A

257

Students placed

212

N/A

M

Maaz Khan

Contributor-Level 10

Answered a year ago

As per the latest report, two of the 2023 passing out students managed to bag international offers and the highest international package stood at INR 36.25 LPA. Earlier, the highest package offered during 2022 placements was INR 25.21 LPA. Taking a look at the past three years' records, an improving

...more

A

Aarushi Kalra

Contributor-Level 10