Indian Institute of Management Amritsar (IIM Amritsar) – Placement Overview
Introduction
The Indian Institute of Management Amritsar (IIM Amritsar), established in 2015, is one of the new-generation IIMs mentored by IIM Kozhikode. Despite being relatively young, it has made significant strides in academic excellence, industry collaboration, and placement outcomes. Over the years, IIM Amritsar has consistently achieved 100% placement across all its MBA programs, even in challenging economic environments.
This comprehensive overview explores the placement statistics, sectoral insights, top recruiters, roles offered, summer internship performance, and more, reflecting the institute’s dedication to fostering future business leaders.
Final Placement Report: MBA Batch 2022–2024
The MBA Batch of 2022–24 marked a milestone for IIM Amritsar as it achieved 100% final placement with commendable growth in salary packages, job diversity, and recruiter participation. This cohort had the largest graduating class to date.
Key Highlights:
Highest International CTC: ₹58.52 LPA
Median CTC: ₹15.00 LPA
Top Quartile Average CTC: ₹19.73 LPA
Top Quartile Median CTC: ₹18.01 LPA
Pre-Placement Offers (PPOs): 39
Pre-Placement Interviews (PPIs): 2
International Offers: 4
Companies Participated: 240+
Major Recruiters:
Some of the prestigious firms that participated in the placement process include:
Accenture
Amazon
Adani Group
Arcesium
EY
ICICI Bank
Kotak Mahindra Bank
Schneider Electric
EXL
GMR Group
Mphasis
Unacademy
DS Group
Bharat Forge
DawaaDost
EValueserve
These companies offered roles across domains such as Consulting, Finance, Sales & Marketing, Operations, IT & Analytics, and General Management.
Sector-wise Distribution
Consulting:
Consulting continued to be a top choice among students, with firms like Accenture, Arcesium, and Deloitte offering roles in strategy, advisory, business transformation, and process optimization.
Finance:
The finance sector saw active participation from ICICI Bank, Kotak Mahindra, Yes Bank, and others. Roles included investment banking, corporate finance, financial analysis, and risk management.
Marketing & Sales:
Top FMCG and retail brands recruited for roles in brand management, product marketing, business development, and retail strategy. Companies included Godrej, Dabur, and Red Bull.
Operations:
Operations roles were offered by logistics, e-commerce, and manufacturing companies such as Amazon, Tata Chemicals, and TVS Motors.
IT & Analytics:
Analytics roles gained traction, with companies like Tiger Analytics, Latent View Analytics, and EValueserve offering positions in data science, business intelligence, and AI solutions.
Final Placement Report: MBA Batch 2021–2023
The 2021–23 MBA batch also recorded a 100% placement success rate, with a noticeable surge in average and median packages.
Key Highlights:
Average CTC: ₹16.51 LPA (13% YoY increase)
Median CTC: ₹16.00 LPA
Top Quartile Average CTC: ₹20.57 LPA
Highest Domestic CTC: ₹35.25 LPA
Companies Participated: 120+
Recruiters Included:
McKinsey & Company
Deloitte
EY
BMW
Cipla
Cognizant
CRISIL
Godrej
HDFC Bank
Infosys
KPMG
Piramal Group
ZS Associates
The roles offered spanned across business consulting, project management, analytics, corporate banking, and product management.
Summer Internship Report: MBA Batch 2023–2025
The summer placements for the 2023–25 batch were yet another success, with the institute maintaining its tradition of 100% internship placements despite the batch strength crossing 320.
Key Highlights:
Highest Stipend: ₹2,75,000
Top Quartile Stipend Increase: 7%
Number of Companies Participated: 130+
New Recruiters: 40+
Major Companies:
Adani Group
American Express
Anand Rathi
Arcesium
Bausch + Lomb
Country Delight
CRISIL
Dabur
Essar
GAIL
HDFC Bank
ICICI Lombard
Infosys
Kotak Mahindra Bank
L&T
Mother Dairy
NSE
RBI
Red Bull
Tata Capital
TVS Motors
Union Bank of India
Volvo Eicher
Roles offered ranged from financial analysis, marketing research, supply chain management, digital transformation, to HR strategy.
Summer Internship Report: MBA Batch 2022–2024
IIM Amritsar’s performance in the summer internship process for the 2022–24 batch also reflected its upward trajectory.
Key Highlights:
Batch Size: 281 students
YoY Growth: 37%
Top Quartile Stipend Increase: 10.73%
100% Placement Achieved
Recruiters Included:
McKinsey
Arcesium
Porter
Tata Capital
L&T
Schindler
BenQ
Cholamandalam
Livguard
Crompton Greaves
DCB Bank
CBRE
Iron Mountain
SolarWinds
Adani
Country Delight
Piramal Group
VIP Industries
Internship domains included product design, AI/ML, marketing campaigns, business research, B2B/B2C sales, and corporate governance.
Placement Process at IIM Amritsar
Pre-Placement Offers (PPOs)
PPOs are a vital part of the placement ecosystem. IIM Amritsar has recorded a steady increase in PPOs every year, reflecting the high performance of students during their summer internships.
Career Development & Placement Cell (CDPC)
The CDPC at IIM Amritsar acts as a bridge between students and recruiters. It organizes workshops, mock interviews, CV-building sessions, and pre-placement talks to equip students with the right skills.
Alumni & Industry Connections
IIM Amritsar has built a robust alumni network in a short span. Graduates are currently working with:
Big 4 firms
MNCs and Fortune 500 companies
Start-ups and unicorns
Indian conglomerates
The alumni often return as guest speakers, mentors, or recruiters, helping current batches understand industry expectations.
Placements for Specialized Programs
IIM Amritsar also offers:
MBA in Business Analytics (MBA-BA)
MBA in Human Resource Management (MBA-HRM)
These programs, introduced to cater to niche domains, have seen 100% placement in their early batches, reflecting strong market demand.
MBA-BA:
Roles offered include data analytics, business intelligence, machine learning operations, and strategy analytics.
MBA-HRM:
Top HR roles include talent acquisition, L&D, employee engagement, performance management, and HR analytics.
Industry Trends Reflected in Placements
Growth of Digital and Analytics Roles
The surge in roles related to AI, ML, data science, and digital transformation is evident, with increased participation from tech-focused firms.
Rise in International Offers
IIM Amritsar has begun to attract international attention, with multiple overseas offers in recent placement cycles, especially in consulting, analytics, and project management.
Increased PPOs and PPI Conversions
Thanks to effective summer internship performance, students are now securing offers prior to final placements, showcasing strong practical readiness.
Key Placement Metrics Over the Years
Year | Highest CTC | Median CTC | Avg CTC | Recruiters | PPOs |
---|---|---|---|---|---|
2020 | ₹40 LPA | ₹12 LPA | ₹13.2 LPA | 90+ | 10+ |
2021 | ₹30.06 LPA | ₹12.68 LPA | ₹12.86 LPA | 120+ | 15+ |
2022 | ₹36.25 LPA | ₹14.20 LPA | ₹14.63 LPA | 150+ | 25+ |
2023 | ₹35.25 LPA | ₹16.00 LPA | ₹16.51 LPA | 180+ | 30+ |
2024 | ₹58.52 LPA | ₹15.00 LPA | ₹17.25 LPA | 240+ | 39+ |
Student Testimonials (Summarized)
“The placement experience was smooth. The CDPC provided excellent support and ensured every student got fair exposure.”
“Interning at a leading FMCG helped me apply classroom concepts practically. Eventually, I converted it to a PPO.”
“The diversity of roles helped me choose a domain that aligned with my strengths and interests.”
Conclusion
IIM Amritsar has firmly positioned itself as one of India’s fastest-growing business schools, with exceptional placement records, strong recruiter ties, and a student-centric approach to professional development. Its 100% placement rate, increasing average packages, and expansion into international job markets speak volumes about the institute’s commitment to excellence.
With each passing year, IIM Amritsar continues to attract top recruiters, offer diverse opportunities, and shape competent, ethical, and visionary managers ready to lead global organizations.