Yes, IIM Amritsar is worth joining. It has the best placement record among the baby IIMs. During 2022 campus drive, IIM Amritsar placements had an average CTC of INR 14.63 LPA.
Amritsar is well-connected to all parts of India through railways and airlines. The locational advantage plays a crucial role in the development of the institute.
IIM Amritsar has a good faculty base. Most of the faculty members are alumni of reputed B-Schools in India like MDI, FMS, IIFT, etc.
The student crowd is diverse. You will meet students from IIT, NIT, Sate Govt. colleges, central university, etc. The peer learning opportunities are endless.
My brother has offers from Bodhgaya as well as Amritsar but chose the former for a number of reasons. Some of these reasons have been listed below
IIM Bodh Gaya is a perfect blend of academic rigor, and opportunities for growth and extracurricular activities and thus should be preferred over IIM Amritsar. As far as IIT Roorkee is concerned, MBA is best done from a Business School as the environment is an important factor that is lacking in the case of an engineering college like IIT Roorkee.
You should choose IMT Ghaziabad Marketing. The institute has quite a reputation for their marketing branch. TMT G has an excellent faculty base for Marketing. The strategic location near Delhi NCR and the well-developed alumni network in the marketing sectors are some of the other reasons that make IMT Ghaziabad a better option.
During IMT Ghaziabad placements 2022, around 40% of the students got placed in the marketing sector. The average CTC received by the students of this specialization is INR 11 LPA.
It depends on your profile. If you are a general category student with good academic records - more than 85 percent throughout 10th, 12th, and graduation, then old IIMs will be better.
If you aren’t getting the old IIMs, you can consider new IIMs like IIM Nagpur, Sambalpur, Vizag, Amritsar, Sirmaur, and Bodhgaya. Being part of any recently established institute is a different experience altogether. You will get to set the culture on campus which your juniors will inherit. These baby IIMs have decent placements. You will get placement opportunities through campus drive if you have a good academic record. Here are the average CTC statistics for these IIMs.
Institute | Average CTC |
IIM Nagpur | INR 15.21 LPA |
IIM Vizag | INR 15.06 LPA |
IIM Amritsar | INR 14.63 LPA |
IIM Sirmaur | INR 12.74 LPA |
IIM Bodhgaya | INR 12.36 LPA |
IIM Sambalpur | INR 12.64 LPA |
If you are willing to work hard and want to take advantage of opportunities that come with newly established institutes, then you should join these new IIMs.
Currently, IMI Delhi is better than IIM Amritsar. It has a brilliant faculty base, experienced visiting industry mentors, better placements, and exposure. IMI Delhi placements are excellent. The 2022 placement drive concluded with an average CTC of INR 15.23 LPA. While the highest CTC was INR 32 LPA.
IIM Amritsar is a new IIM. Except for the IIM tag, you won’t get any advantages a well-established B-School offers.
IIM Amritsar offers an enviable campus life.
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.
It is possible to achieve a high percentile in the CAT exam, such as 99+, and still not receive an invitation from any Indian Institutes of Management (IIMs). This is because a high percentile alone is not always sufficient for guaranteed acceptance.
It is important to note that IIMs take into consideration a candidate's overall academic performance since the 10th standard and not just their CAT percentile. Additionally, candidates must also clear the Written Ability Test (WAT) and Personal Interview (PI) rounds. Furthermore, candidates from an engineering background may have a slight disadvantage in terms of points.
Some IIMs also place a significant emphasis on work experience.
Category | Quantitative Aptitude(Percentile) | Data Interpretation & Logical Reasoning(Percentile) | Verbal & Reading Comprehension(Percentile) | Total(Overall Percentile) |
Section-1 | Section-2 | Section-3 | ||
General | 80 | 75 | 75 | 85 |
EWS | 80 | 75 | 75 | 85 |
Non-Creamy Other Backward Classes (NC-OBC) | 65 | 60 | 60 | 75 |
Scheduled Castes (SC) | 55 | 50 | 50 | 55 |
Scheduled Tribes (ST) | 35 | 35 | 35 | 40 |
Persons with Disabilities (PwD) | 35 | 35 | 35 | 40 |
It is highly recommended to visit the official websites of the IIMs you are interested in for detailed information on the selection criteria and to keep yourself updated. You can also connect with current students via LinkedIn to gather more information. It's important to note that selection criteria can slightly change every year.
Based on your academic performance, you have the potential to be admitted to the top 30 colleges for MBA programs. It is recommended to focus on preparing for and achieving the best percentile possible in exams such as CAT and other relevant exams. It is unclear who has provided you with the options previously mentioned, but it is important to consider other options that may be more suitable for you.
Some of the options that you have a chance to receive an invitation from and potentially convert into an acceptance include the following:
It is always important to make informed decisions by researching and discussing your options before making a final decision.
It is recommended not to join any of the 2 mentioned colleges, neither DoMS, IIT Madras nor IIM Amritsar, as the placements at newer Indian Institutes of Management (IIMs) are not yet on par with top colleges. Placements at newer IIMs are still evolving and it may take at least a decade for them to stabilize and for the demand for MBA degrees to increase in the long run.
It is important to note that Indian Institutes of Technology (IITs) are not generally considered to be top colleges for MBA programs, although IIT KGP and IIT Bombay have made a name for themselves. These institutions are primarily known for their strong focus on technology. If you are considering top MBA programs, IIT Madras is a good option due to its brand recall.
The institution has the potential to attract top tech companies to offer MBA roles as well. Older IITs have a well-established reputation which newer institutes may not yet have. It took almost 3 decades for IIM Lucknow to reach its current level of prestige, and that was without the level of competition that newer IIMs face in attracting the best companies and roles on campus.
When considering which postgraduate management program to pursue, there are several factors to consider. One such factor is the duration of the program. Great Lakes Institute of Management, Chennai (GL) offers a One-year PGPM program, while the Indian Institute of Management (IIM) Amritsar has a 2-year PGPM program. If you are looking to re-enter the job market sooner, Great Lakes may be a better option for you.
Another factor to consider is the alumni base of the institution. Great Lakes has a larger alumni base than IIM Amritsar, which may provide more networking opportunities. Additionally, Great Lakes offers a unique Karma-Yoga program where students learn leadership skills while giving back to society by helping the surrounding villages.
It's worth noting that IIM Amritsar is a relatively new institution, established only around 7 years ago. While it has the coveted IIM tag, it may not have the same level of prestige or reputation as older IIMs. However, if the IIM tag is important to you, and you are willing to work harder than your peers and give your best in those 2 years, IIM Amritsar may be a good option for you.
Ultimately, the decision of which program to attend will depend on your personal priorities and what you want to gain from the program. It's important to do your own research and weigh the pros and cons of each institution before making a final decision.