IIM Amritsar Placement 2021 witnesses 100% recruitment for MBA students

The average package for the top quartile of the batch was Rs 15.94 LPA and the overall average CTC stood at Rs 12.68 LPA.

Despite the COVID-19 pandemic and the variations posed by the changing landscape of the job market and education in 2020, the Indian Institute of Management (IIM) Amritsar has recorded 100 per cent final placement for its MBA batch for 2022. The batch has the largest number of students among the third generation IIMs.

“Since international recruiters didn’t participate in the placement process this year due to pandemic induced reasons, the highest annual package of Rs 8.16 LPA was received from a domestic firm,” said a spokesperson of the placement committee, IIM. The average package for the top quartile of the batch was Rs 15.94 LPA and the overall average CTC stood at Rs 12.68 LPA. The highest annual package saw a drop significantly this year as compared to last year’s highest package that stood around Rs 40 LPA, which can be seen as a result of global economic stress due to pandemic.

IIM Amritsar placement 2021 witnessed various companies participating and offering jobs in various domains ranging from marketing, sales, finance, analytics, HR to some noteworthy offers in the operations domain. Strategy, advisory and consulting roles were also offered to the students from two of the big four accounting firms, viz., Deloitte and Ernst & Young.

Other firms that were part of the recruitment process included ICICI Lombard, Anand Rathi, Accenture, Cipla, Polycab, Xiaomi, Infosys, Amazon, Tech Mahindra, Mu Sigma, Grant Thornton, new marquee recruiters like Gartner, Capital Foods, HCL, etc., visited the campus for the first time during this placement season.

IIM Amritsar will hold the convocation ceremony for MBA students of batch 2019-21 virtually on May 29.

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