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Is it worth joining IIM Amritsar?

KT
Kushal Theja Posted On : May 20th, 2023
MBA from Indian Institute of Management Amritsar (2021)

IIM Amritsar is the fastest-growing IIM among all the newest IIMs established in 2015. The huge batch size, and better placements than other new IIMs like Bodhgaya, Nagpur, Vizag, Sambalpur, Sirmaur, and Jammu are a testament to the worth of IIM Amritsar. Additional pros of joining IIM Amritsar are

  • Locational advantage: The location advantage for Amritsar is great with full airline and train connectivity from all parts of the country.
  • Hostels: The IIM Amritsar hostels offer a scenic view from the hostel rooms. The IIM Amritsar hostels have better amenities and are more spacious than any new IIMs.
  • Course Structure: IIM brand is known for its case study-based pedagogy across the industry and it's been. The course structure is rigorous and you have to fight for your spot.
  • Placements: IIM Amritsar is well-known among top firms and has an excellent placement scenario. IIM Amritsar Placements 2023 has been concluded. IIM Amritsar's average package stood at INR 16.51 LPA. Students received job roles in Product Management, Consulting, Brand Management, Data Analytics etc. Some of the top recruiters included Adani, Adobe, Amazon, Accenture, Cipla, Cognizant, etc.
  • Committees and clubs: Students get to join clubs and committees dealing with their area of interest. This helps promote an extracurricular environment among the students and gives them a break from academics.
  • ROI: The Average package is more than 2 year full fees including everything from hostel to mess thus providing excellent ROI.
  • Amenities: IIM Amritsar has a plethora of facilities from the library, indoor and outdoor games, and access to many key resources and websites 
  • Guest lectures: For any MBA aspirant, Industry connections are crucial for growth and exposure. IIM Amritsar has 2 guest lectures weekly on average providing excellent exposure to its students.13. 

The days you will be spending here and the memories you will be creating will stay with you forever.

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How is life at IIM Amritsar?

KT
Kushal Theja Posted On : March 28th, 2022
MBA from Indian Institute of Management Amritsar (2021)

IIM Amritsar offers an enviable campus life. 

  • It has a brilliant pool of faculties. The teaching methodology used is at par with the other IIM in the country. 
  • The hostels are located in Blessings City. Away from the hustle-bustle of the city, the environment is ideal for academics. The hostel accommodation is four sharing in a 2 BHK. All basic amenities are available for students.
  • IIM Amritsar has a great industry interface. Three annual conclaves are organized each year on major areas of Management, i.e. Marketing, HR, Finance, Operations, and Strategy. 
  • You will get enough opportunities to showcase your skills and talents in co-curricular and extra-curricular activities. Many sports and cultural activities are conducted throughout the academic year. 
  • IIM Amritsar recently wrapped up its 2022 placement with a 100% placement average. The average CTC offered was INR 14.63 LPA. 

Amritsar as a city is great. There are many places near the city as well as inside the city. Overall, you will enjoy being a part of IIM Amritsar.

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What should one choose between IMT Ghaziabad (Marketing) and IIM Amritsar?

PP
Pratik Parikh Posted On : May 20th, 2023
Lives in Bangalore

Choosing between IMT Ghaziabad (Marketing) and IIM Amritsar depends on numerous factors such as your career prospects, personal inclinations, and financial situation.

IMT Ghaziabad is a well-reputed B-school with a strong reputation in marketing. The marketing specialization at IMT Ghaziabad provides a comprehensive understanding of various marketing concepts and techniques, which can help you develop the skills required for a successful career in marketing.

IIM Amritsar, on the other hand, is one of the premier management institutes in India offering a diverse range of specializations. Although it lacks a specialized marketing program, it has excellent academic rigor and highly qualified faculty.

Ultimately, the choice between IMT Ghaziabad Marketing and IIM Amritsar should be based on your personal goals and preferences. My advice to you would be that if you are specifically interested in pursuing a career in marketing, then IMT Ghaziabad may be a better choice. 

However, if you are looking for a general program, and are willing to explore other areas of specialization, then IIM Amritsar is the right choice for you. Another important criterion to consider is the fees of the respective programs. IMT Ghaziabad’s PGDM Marketing fees is INR 19,53,000 while IIM Amritsar MBA fee is INR 8,00,000/Yr. 

Ultimately, both IMT Ghaziabad and IIM Amritsar are highly esteemed institutions, and whichever choice you make, what matters is how well you avail the offered opportunities and build a strong foundation for a successful career.

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What was your IIM Amritsar interview experience like?

AJ
Ankit Jha Posted On : January 19th, 2023
Data Analyst at Fractal Analytics (company) (2020–present)

Profile: 

10th-95

12th-93

Graduate-82

CAT-98

Work Experience- 18 MONTHS in PCBL-RPSG Groups

GEM (Chemical Engineering)

There were 2 panelists a male and a female. They asked him to talk about himself and he gave a general introduction. They also asked him why he resigned from his job and what he did in the meantime. Once they were aware of his personal situation, they asked the following questions

  • Difference between traditional and Digital Marketing
  • Difference between sales and marketing
  • Drawbacks of Digital Marketing 
  • India’s Data Protection Bill
  • What are SEO and SEM and the Difference and similarities between the two 
  • Where do you see yourself in 10 years
  • Why Kanpur was once known as the Manchester of East and reason for its downfall
  • What is Carbon Black and it’s 4 major customers
  • Your responsibilities and leadership skills 
  • What news do you read the most
  • Why did the UK CM resign
  • One weakness you want to work upon

They ended the interview by asking if he had any questions from them after which they asked him to leave.

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Which is better between IMI Delhi vs. IIM Amritsar?

TA
Tithi Aggrawal Posted On : May 20th, 2023
Lives in New Delhi

Doing an MBA has to be a long-term decision. While selecting your college, various parameters are considered to evaluate the institute's worth and credibility. Some of these are college faculty, industry exposure, placements, and tags. However, you have to think about long-term goals too. Doing an MBA is necessarily like investing a lot and expecting a great return in the long term if not right away.

As far as the comparison between IMI and IIM-Amritsar is considered, there aren’t many distinguishing features. Both are tier-2 b-schools with individual strengths and weaknesses. However, a distinguishing feature of IMI or IMT that sets them apart from new IIMs is their extensive alumni base. In the corporate world, connections matter a lot, and positions of authority can greatly influence your progress in your career. So in this aspect, IMI scores better than IIM.a

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Are the six newest IIMs a good option? (i.e., IIM Nagpur, Vizag, Amritsar, Sirmaur, Bodhgaya, Sambalpur)

PP
Pratik Parikh Posted On : May 20th, 2023
Lives in Bangalore

I wouldn’t suggest you take admission to any new IIM if you are not ready to commit yourself to hard work both in terms of academics and extracurriculars. The Baby IIMs require determination and dedication and if you lack any of these, it’s better to look for other options.

The opportunities offered by the new IIMs are way ahead and unique when compared to the older ones. You shouldn’t join a new IIM merry to enjoy the benefits from the IIM tag because that alone won’t suffice it. It's better to take a drop year and target an older IIM than go for a new one that is yet to make its mark in the industry.

The new IIMs are suitable for those who are ready to work and toil and take advantage of opportunities in building a new institute. Most students will end up with a job but it’s not a brainer that there will be a big compromise and namesake job compared to the colorful careers an IIM brand promises.

Particulars 

IIM Nagpur

IIM Vizag

IIM Amritsar

IIM Sirmaur

IIM Bodh Gaya 

IIM Sambalpur

Ranking

43rd rank in NIRF

33 rank in NIRF

55th rank in NIRF

69th Rank in NIRF

41 in the IIRF

33rd place in IIRF

Fees

2 Lakhs (Total Fees)

8.52 Lakhs (1st Year Fees)

8,00,000/Yr

16,00,000 Total Fees

16,28,000 Total Fees

5,40,000/Yr

Average package 

INR 16.74 LPA

INR 16.61 LPA

INR 16.51 LPA

INR 12.74 LPA

INR 16 LPA

INR 16.64 LPA

You can infer from the table above, the Data from all the baby IIMs is similar both academically and placements-wise. So the final decision should be based on personal preferences and career prospects. 

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Did you have great academic scores in order to get into IIM Amritsar?

AG
Anand Gupta Posted On : January 19th, 2023
B.B.A Indian Institutes of Management & Indian Institutes of Management, Indira Gandhi University

My cousin recently got into IIM Amritsar with a profile of 8/7/7. She did not let her low grades discourage her and she strived hard to get a great CAT score. Don’t let your past affect your future prospects. Put your 100% effort and you will definitely get what you deserve. As far as her graduation score is concerned, not many scored above 8 GPA. So her 7 GPA wasn’t that bad. In class 12th also, most of the IIMs compare a score of 80 in the Assam board to an 80 in the Andhra board or CBSE. Engineers also face an academic diversity issue. So they need a higher percentile than other graduates. Nowadays IIMs are converting CAT percentiles to the percentage for the CAT weightage component. So, the gap between the 99 and 95 percentile stoops down to 2 points for 50 % CAT weightage. Had the CAT scores been taken, the gap would have been 10–12 points. Hence it makes candidates with low academic profiles difficult to get into IIM. Fortunately, my cousin was lucky enough to get admission as a GEM fresher with an average profile.

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Which is better, IIM Amritsar or Great Lakes Chennai PGDM?

BM
Barkha Manral Posted On : January 19th, 2023
MBA in General Management, Indian Institute of Management Visakhapatnam (Graduated 2021)

I think Great Lakes is a better option than IIM Amritsar. The following points support my opinion

  • Establishment: IIM Amritsar is a baby IIM established in 2015 and has yet to make its mark in the industry. Great Lakes is a relatively old college with a better campus and curriculum.
  • Faculty: The faculty at Great Lamar’s is more stable and varied while the faculty at IIM Amritsar comprises mostly visiting faculty.
  • Brand Name: Despite being an IIM, IIM Amritsar lacks credibility while Great Lakes enjoys a great brand name.
  • Industry exposure: Despite being an IIM, IIM Amritsar lacks the necessary industry exposure which is great in the part of the Great Lakes.
  • Placements: The placement scenario at Great Lakes is much better than that of Amritsar. So if your ultimate goal is to get a high-paying job, Great Lakes should be your choice.

Although my opinion is strongly against IIM Amritsar, it’s only because it’s a new IIM. Any older IIM is a better choice than IIT. MBA is all about investment and ROI which is great in the case of older IIMs. I have still seen many people choose Amritsar over IIT just because of the IIM tag. So do what your heart says.

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Which one is better, IIM Vizag vs IIM Amritsar?

SD
Siddhant Deshmukh Posted On : January 19th, 2023
B Tech in Computer Engineering, Terna Engineering College (Graduated 2022)

The table below will help you differentiate between the two IIMs 

Particulars 

IIM Vizag

IIM Amritsar

Fees

INR 15,04,920

INR 12 Lakhs

Cutoff

80

92

Batch-size

240

228

Average Salary

INR 15.06 LPA

INR 25.21 LPA

Highest Salary

INR 31.60 LPA

INR 14.63 LPA

Distance of nearest airport 

14 km

14 km

Top Recruiters 

Amazon, BYJU’s, Deloitte, HCL, HDFC Bank

Accenture, Cognizant, Dell, Deloitte, Genpact

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I am doing an MBA from Nirma University. Now I got a call from IIM Amritsar. Should I go there?

DG
Dishu Goyal Posted On : January 19th, 2023
Studied at Indian Institute of Management, Ahmedabad (Graduated 2023)

IIM Amritsar is a newly established IIM and is not yet in the league of the IIM family. Despite that, its placement statistics are better than at Nirma University. IIM Amritsar is the 15th Indian Institute of Management being set up by the Ministry of Human Resources Development with the support of the Government of Punjab. IIM Amritsar has a small batch size in comparison to Nirma University. The programs offered at both the B Schools are different.

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