IIM Amritsar Placement 2020: Domestic annual package shot up to 40 LPA

Indian Institute of Management (IIM) Amritsar has completed 100 percent placement of its fourth PGP batch. The highest domestic annual package offered to a candidate stood at Rs 40 lakh per annum.

The Indian Insitute of Management (IIM) Amritsar has announced that it has completed 100 percent placement for its PGP 2018-20 Batch. This year, IIM Amritsar witnessed substantial growth in its final placement statistics as compared to 2019.

The highest domestic annual package extended to the IIM Amritsar candidate stood at Rs 40 lakh per annum up from 21 lakh per annum last year. 

As per the statement released by the IIM authorities, students are placed in various groups with an average cost to company (CTC) reaching up to Rs 12.61 lakh per annum.

The authorities said that since September, as many as 106 candidates have been placed during the placement drive. They have been placed in various management sectors like marketing, sales, finance, and also operations and analytics.

This is the first time that a healthy spike has been noticed for the placement in advisory and consulting roles. Students have been placed in three big accounting firms, including  Deloitte, Ernst &Young and KPMG.

Other than this, many International firms like Amazon, Grant Thornton, and Biseleri also came to the institute for the placement.

IIM Amritsar Admission Procedure 2020  

IIM Amritsar does admission for its flagship course MBA in a two-stage process. In the first stage, the eligible candidates are shortlisted for Written Ability Test (WAT) & Personal Interview (PI) round and in the second round, the shortlisted candidates are called for PI-WAT round for the final selection. In the final round of selection, a low weightage is given to the CAT score and higher weightage is given for PI-WAT round, academics, work experience among other things.  Eligible candidates who had opted for admission to IIM Amritsar during CAT 2019 registration and fulfill the eligibility criteria will receive an email to reconfirm their interest in IIM Amritsar during April 2020 (Tentative).

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