IIM Amritsar - Indian Institute of Management Answered Questions

IIM Amritsar is one of the reputed and ranked IIMs offering MBA programme. In 2024 NIRF Ranking, IIM Amritsar was ranked at 47 under the 'Management' Category. The rank saw an improvement as it was 51 in 2023. Besides ranking, the institute is also know for placement. MBA students in the final year can participate in the placement drive. The institute has released the final placement report for the MBA 2022-24 batch. 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. Find below more reviews for IIM Amritsar MBA course:

Candidates aspiring to take admission to the MBA programme must meet the minimum CAT percentile mentioned in the cutoff list released by IIM Amritsar. According to the cutoff list for admission to the MBA programme at IIM Amritsar, the minimum percentile for overall and section-wise categories in CAT was 94 in the year 2022. So, if trends are to be trusted then the minimum percentile for overall as well as section-wise category in the CAT exam should be near 94. Hence, students are advised to prepare well for the CAT exam. Click here for more cutoff details for the MBA programme at IIM Amritsar.

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:ParticularsStatistics (2022)Statistics (2023)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/ANo. of companies participated110+120+250+

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 LPAIIM SambalpurINR 14.21 LPA- INR 23.50 LPA (Domestic)IIM NagpurINR 16.29 LPAINR 38.40 LPAIIM Amritsar is better in some ways whereas IIM Visakhapatnam is better in other ways. Hence, it depends on students what forms their foremost preference. 

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 trend was observed in the highest package. Refer to the below table depicting the IIM Amritsar the highest package trends:ParticularsPlacement Statistics (2021)Placement Statistics (2022)Placement Statistics (2023)the highest packageINR 18.16 LPAINR 25.21 LPAINR 36.25 LPA (international)

The industry-wise summer placement distribution recorded this year is mentioned below:Industry Summer Placement Distribution 2024 – 26 BatchBFSI35%Education10%Consulting10%E-Comm / Retail / Advertising9%IT / Tech / Analytics9%Development / Construction7%Manufacturing / Logistics6%Healthcare4%FMCG / FMCD3%Others4%

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 RecruitersLandmark GroupAdani GroupCRISILGenpactTVSFlipkartAmazonTASCEYDeloitteAccentureTCS

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: