IIM Amritsar Placements 2023: Highest & Average Salary Package, Top Companies

Maimil Maiti Maimil Maiti | Jan 3, 2024
Maimil Maiti
Maimil Maiti

Updated on - Jan 3, 2024

The IIM Amritsar placements 2023 have been successfully concluded. As per the reports published by the Indian Institute of Management Amritsar, the highest package stood at INR 36.25 LPA. The average package offered was INR 16.51 LPA for the year 2023.

In the Indian Institute of Management Amritsar placements 2023, over 120 companies participated in campus placements. IIM Amritsar placement records saw a 14.28% increase in the median package offered compared to 2022.

The IIM Amritsar placement cell works diligently to provide various employment opportunities to students. The cell organises placement-related activities like guest lectures, skill-enhancement workshops, summer internships, and other activities. Top reputed organisations like Accenture, Deloitte, KPMG, Cognizant, BMW, and Amazon participated in the Indian Institute of Management Amritsar placements.

Table of Contents

IIM Amritsar Placement Highlights 2023

IIM Amritsar strives to provide the best placement opportunities to its students. The institute builds strong partnerships with various top organisations and companies across India for them to visit the campus during the annual recruitment drive.

The detailed highlights for IIM Amritsar placements 2023 are tabulated below.

Particulars Highlights
IIM Amritsar Highest Package INR 36.25 LPA
IIM Amritsar Average Package INR 16.51 LPA
IIM Amritsar Median Package INR 16 LPA
Total Number of Recruiters 120+
Total Number of Students 257

IIM Amritsar Top Recruiters 2023

IIM Amritsar placements 2023 saw over 120 companies visit the campus, offering employment opportunities to students. Some IIM Amritsar top recruiters visiting the campus during placements are listed below.

KPMG Deloitte BMW
Amazon Accenture Godrej
EY Mercedes Benz PWC

IIM Amritsar Year-Wise Placement Statistics

Indian Institute of Management Amritsar placement statistics have constantly been rising every year. The institute saw admirable growth in the CTCs offered to the students compared to the previous year. The IIM Amritsar salary trends and other top recruiter details are mentioned below.

IIM Amritsar Highest Package Statistics

The IIM Amritsar salary trend observed an annual increase of 43.79% in the highest salary offered to students in 2023 compared to 2022. The graph below exhibits the IIM Amritsar highest package trends from 2020 to 2023.

IIM Amritsar Highest Package Statistics

IIM Amritsar Average Package Statistics

Refer to the table below for the top percentage-wise IIM Amritsar average package details.

Particulars Average Package Offered
Average Package INR 16.51 LPA
Average Package Top 25 Percentile INR 20.57 LPA
Average Package Top 50 Percentile INR 19.54 LPA

The graph below depicts the details of the IIM Amritsar average package and the top 25 percentile average packages offered to the candidates during placements over the past three years. A year-on-year increase of 12.85% and 10.94% in average and top 25 percentile average packages, respectively, was seen in 2023.

IIM Amritsar Average Package Statistics

IIM Amritsar Placement Report Statistics

The graph below compares the IIM Amritsar placement report consisting of the number of recruiters, PPOs offered and the number of candidates during the placement drives of 2022 and 2023.

IIM Amritsar Placement Report Statistics

IIM Amritsar Other Top Recruiters 2023

Displayed in the table below for other top recruiters participating in the Indian Institute of Management Amritsar placements 2023.

ZS Associates TATA Advanced Systems Schindler
Yes Bank TATA AIA Life Insurance SBI Capital Markets
WNS Global Services TATA Capital Reliance Retail
Volvo Eicher Tech Mahindra Porter
VIP Thomson Reuters Nomura
TVS Tiger Analytics MPhasis
TresVista The Times Group McKinsey and Company
Maruti Suzuki Kore.ai Kantar
Livguard Kotak Mahindra Bank Infosys
Latent View Larsen and Toubro IDBI Bank
HSBC HCL Fanatics
ICICI Bank GMR Group Genpact
ESSAR Emami Crisil
EXL DS Group Dalmia Group
Cipla Brane Enterprise Blackrock
Adani Arcesium ArcelorMittal

IIM Amritsar Sector-Wise Placement Statistics 2023

Various companies join the annual recruitment drive at the Indian Institute of Management Amritsar every year. The Landmark Group is the international recruiter of IIM Amritsar and offered two international roles in 2023.

The table below mentions more details regarding the sector-wise placements at IIM Amritsar.

Sector Highest CTC/CTC Range Offered Company Name
IT INR 21-23 LPA Kore.ai
Automobile/Manufacturing INR 18 LPA BMW
BFSI INR 20-23 LPA Yes Bank
Consulting INR 25-30 LPA EXL
FMCG INR 17-20 LPA Godrej
Others INR 20-22 LPA Brane

IIM Amritsar Domain-Wise Placement Statistics 2023

Reputed national and international recruiters have offered students attractive job opportunities in various corporate industries, working in different domains. On the conclusion of the Indian Institute of Management Amritsar placements 2023, consulting/strategy domain hired the maximum number of students.

The graph below exhibits the domain-wise IIM Amritsar recruitment statistics for 2023.

IIM Amritsar Domain-Wise Placement Statistics 2023

IIM Amritsar Industry-Wise Placement Statistics 2023

The Amritsar placements witnessed students being offered job opportunities all over India and abroad in various industry segments. BFSI were the biggest recruiter, followed by IT/Analytics. The industry-wise IIM Amritsar placement report for 2023 is exhibited in the graph below.

IIM Amritsar Industry-Wise Placement Statistics 2023

IIM Amritsar Alumni Statistics

IIM Amritsar has witnessed several students get placed in various reputed organisations over the years. The IIM Amritsar placements details for the alumni are displayed in the table below.

Company Name Number of Alumni
Cerestra Partnership 2
Porter 3
TCS 3
Livguard 4
EY 7
Accenture 2
Kore.ai 6
Bandhan Bank 3
TVS Motor Company 3
Maruti Suzuki India Limited 3
TATA Capital 8
ICICI Bank 17
Cognizant 13

IIM Amritsar Placement Cell

The IIM Amritsar placement cell maintains good corporate relations across companies to help students land jobs with attractive offers during the annual recruitment drive. Under the leadership and guidance of the cell, IIM Amritsar stands out as a hub of talent development and a growing IIM institute.

IIM Amritsar has consistently shown growth in the placement statistics with the help of the placement cell facilitating the entire placement process and helping students ace their interviews and group discussions. The Indian Institute of Management Amritsar placement cell organises various programs like guest lectures, live projects, and summer internships to enhance students' skills and prepare them for upcoming challenges in the professional world.

IIM Amritsar Placement Process

The steps for conducting the annual IIM Amritsar recruitment drive are described below:

  • Invitations and other necessary details for the students are sent to the intended organisations by the IIM Amritsar placement cell.
  • The employers need to complete the job application sent by the IIM Amritsar placements team to recruit students.
  • Pre-placement discussions are organised once the institute and the firms' negotiations are finalised.
  • Interested students are asked to apply for the organisations participating in the IIM Amritsar placements 2023 once the deals are finalised.
  • The job descriptions, CTC offered and other relevant information are shared with the students who sit for the selection process.
  • The recruiting organisations visit the campus on appointed days to recruit eligible candidates through several rounds of aptitude examinations, group discussions and interviews.
  • Selected candidates are offered the roles along with the offer letters, which they need to sign and accept.

IIM Amritsar Internship 2023

IIM Amritsar internship 2023 takes pride in placing all 100% of its largest batch of 281 students. Internships are integral to the IIM Amritsar placements, with several students landing a PPO post their internship tenure. Students are encouraged to take up internships to gain real-world corporate industry experience.

IIM Amritsar witnessed an exemplary growth of 37% in their internship statistics and a 10.73% increase in the top 25 percentile average stipend offered compared to the previous year. Given below are the internship highlights of the IIM Amritsar placement drive 2023.

Particulars Highlights
IIM Amritsar Highest Stipend INR 2.4 Lakhs per month
IIM Amritsar Average Stipend INR 82,805 per month
IIM Amritsar Top 25% Average Stipend INR 1,25,223 per month
IIM Amritsar Median Stipend INR 70,000 per month
Total Number of PPOs Offered 25
Total Number of Recruiters 105+
Number of Eligible Students 281

IIM Amritsar Internship Top Recruiters 2023

Tabulated below are the IIM Amritsar top recruiters participating in the internship drive of 2023.

Amazon Biryani By Kilo Cipla
Cognizant Country Delight Crompton Greaves
Dainik Bhaskar Dalmia Bharat DCB Bank
Decathlon Flipkart HDFC Bank
ICICI Bank L&T Livguard
Mckinsey and Company Porter Orion
Pepe Jeans Reserve Bank of India VIP
Tech Mahindra Tiger Analytics WedMeGood
TATA Capital Union Bank Frost and Sullivan

IIM Amritsar Domain-Wise Internship Statistics 2023

The IIM Amritsar placements observe students being given internship opportunities in different corporate domains. The details of the domain-wise internship statistics are exhibited in the graph below.

IIM Amritsar Domain-Wise Internship Statistics 2023

IIM Amritsar Industry-Wise Internship Statistics 2023

Exhibited in the graph below are the details of the industry-wise internship statistics for 2023.

IIM Amritsar Industry-Wise Internship Statistics 2023

IIM Amritsar Vs IIM Visakhapatnam and IIM Sirmaur

Displayed in the table below is a comparison of the IIM Amritsar placement reports with IIM Visakhapatnam and IIM Sirmaur.

Particulars IIM Amritsar IIM Visakhapatnam IIM Sirmaur
Highest Salary Package Offered (2023) INR 36.25 LPA INR 32.65 LPA INR 64.12 LPA
Average Salary Package Offered (2023) INR 16.51 LPA INR 16.61 LPA INR 14.45 LPA
Median Salary Package Offered (2023) INR 16 LPA INR 16 LPA INR 13 LPA
Number of Recruiters 120+ 141 125+
Number of Students 257 - 224

IIM Amritsar Placements FAQs

What was the highest package offered at IIM Amritsar placement 2023?

The highest package offered at IIM Amritsar placements stood at INR 36.25 LPA for 2023 placements.

What was the average package offered at IIM Amritsar placements?

The average package offered at IIM Amritsar placement 2023 is INR 16.51 LPA for the MBA course.

Which sectors recruit students during the IIM Amritsar placement drive?

Students are recruited into FMCG, Consulting, BFSI, IT, Manufacturing and other sectors.

Which top recruiters joined the IIM Amritsar placements?

Top organisations like BMW, Amazon, KPMG, PWC, EY, Deloitte, TVS, ICICI Bank, HDFC Bank, and HSBC joined the IIM Amritsar placement drive.

What was the highest stipend offered at IIM Amritsar for the summer internship in 2023?

The highest stipend for the summer internship 2023 was INR 2.4 Lakhs monthly.

IIM Amritsar Reviews

Overall Rating

4.1

Verified

Distribution of Rating

>4-5 star

1

>3-4 star

0

>2-3 star

0

1-2 star

0

Fees & Scholarships

3.5

Placements & Internships

4

College Infrastructure & Hostel Facilities

4.5

Clubs & Associations

4

Academics & Faculty

4.5

Verified
Ayushi Kapil Batch 2017 PGPM [Post Graduate Programme in Management]
4.1
Reviewed on Aug 31, 2016
3.5 Fees
4 Placements
4.5 Infrastructure
4 Campus
4.5 Academics

Placements & Internships : Summer Internship is a must after the successful completion of first year. My Internship was at Bharti Airtel Pune, Maharashtra. Companies roped in for summer placement this year were : Pidilite, Airtel, RBI, Canara Bank, Yes Ba

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