IIM Amritsar Placements 2023 has been concluded. IIM Amritsar average package stood at INR 16.51 LPA whereas IIM Amritsar median package stood at INR 16 LPA. Students received job roles in Product Management, Consulting, Brand Management, Data Analytics etc. 120 recruiters came from various sectors like Aerospace, Analytics, Automobile, BFSI etc. Some of the top recruiters included Adani, Adobe, Amazon, Accenture, Cipla, Cognizant etc.
During the 2022 placement drive, the highest salary stood at INR 25.21 LPA and the average salary stood at INR 14.63 LPA. The top quartile was offered the average salary of INR 18.54 LPA. There was an increase of 38.8% (approx) in the highest salary & 15.5% (approx) in the average salary as compared to the previous year. 212 Students were placed with 285 offers. Students also received 23 pre-placement offers which is 283.3% (approx) higher as compared to the previous year.
IIM Amritsar has also released the final report of its 2023 summer internship placement drive. A total of 101 companies participated. The highest stipend stood at INR 3.5 Lakhs per month and the top Quartile average stipend stood at INR 1.01 Lakhs per month.
Well reputed firms like ICICI Lombard, Anand Rathi, Accenture, Cipla, Infosys, Amazon participated in the placement drive of 2022 and jobs from various domains like Marketing, Sales, Finance were offered.
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Table of Content
Particulars | Placements Statistics 2023 | Placements Statistics 2022 | Placements Statistics 2021 |
---|---|---|---|
Number of Recruiters | 120 | 110+ | 88 |
Number of Students Placed | - | 212 | 146 |
Number of Placement Offers | - | 285 | - |
Number of PPOs | - | 23 | 6 |
Highest salary | - | INR 25.21 LPA | INR 18.16 LPA |
Average salary | INR 16.51 LPA | INR 14.63 LPA | INR 12.67 LPA |
Top 25% average salary | INR 20.57 LPA | INR 18.54 LPA | INR 15.94 LPA |
Median salary | INR 16 LPA | INR 13.54 LPA | INR 12 LPA |
Top Industry | - | BFSI/FinTech | Consulting |
Top Domain | - | Marketing | Sales & Marketing |
Top Recruiters | Amazon, Adani, Accenture, Cognizant, KPMG | Accenture, Cognizant, Dell, Deloitte, Genpact | Tech Mahindra, HCL, Collegedunia, Accenture, Amazon |
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The below table shows the industry-wise statistics of IIM Amritsar Placements 2022:
Industry | Offer Percentage |
---|---|
BFSI / FinTech | 28% |
IT / Technology / Analytics | 22% |
Consulting | 22% |
E-commerce / Retail / Advertising | 12% |
Manufacturing / Logistics | 7% |
FMCG/FMCD | 3% |
Education / EdTech | 1% |
Pharmaceuticals | 1% |
Others | 4% |
During IIm Amritsar Placements 2022, the highest number of offers were made from the BFSI / FinTech industries followed by the IT / Technology / Analytics industries.
The below table represents the domain-wise highlights of IIM Amritsar Placements 2022:
During the placement drive, the highest number of offers came from the Marketing domain followed by the Analytics domain.
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The below table represents the year-wise trends of IIM Amritsar Placements:
Particulars | 2018-20 | 2019-21 | 2020-22 |
---|---|---|---|
Number of Students Placed | 106 | 146 | 212 |
Number of PPOs | 11 | 6 | 23 |
Highest salary | INR 40 LPA | INR 18.16 LPA | INR 25.21 LPA |
Average salary | INR 12.61 LPA | INR 12.67 LPA | INR 14.63 LPA |
Top 25% average salary | INR 18.86 LPA | INR 15.94 LPA | INR 18.54 LPA |
Top Industry | Consulting | Consulting | BFSI/FinTech |
Top Domain | Sales | Sales & Marketing | Marketing |
During IIM Amritsar Placements 2022 the following trends have been observed:
The below info-graph shows the 2020-22 batch profile of IIM Amritsar Placements:
The 2020-22 batch comprised 66% male students & 34% female students. 55% of the batch were freshers. Most of the students had academic background in Mechanical / Production & Industrial Engineering & BBA / B.Com / B.Com / Finance & Accountancy.
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Particulars | Internship Statistics 2022 | Internship Statistics 2023 |
---|---|---|
Number of Students | - | 263 |
Number of Companies Participated | 102 | 101 |
First TIme Recruiters | 94 | - |
Highest Stipend | INR 1.7 Lakhs | INR 3.5 Lakhs |
Average CTC (Top 25%) | INR 99.2K | INR 1.13 Lakhs |
Average CTC (Top 50%) | - | INR 85.4 K |
Average Stipend | INR 55K | INR 60.443 K per month |
Median Stipend | - | INR 50 K per month |
Top Industry | - | Manufacturing / Logistics |
Top Domain | Sales & Marketing | Marketing |
Top Recruiters | Hitachi, HP, Cipla | Coca Cola, Microsoft, Tata Capital |
During IIM Amritsar Summer Internship Placements 2023, 101 recruiters visited the campus. Major recruiters included Adobe, Cipla, Cognizant, Dalmia Group etc. A total of 263 students participated in the internship process.
The highest number of offers came from the Marketing domain. The Manufacturing / Logistics industry was the top industry during the summer internship placement drive.
The highest stipend offered was INR 3.50 Lakhs per month. Average stipend stood at INR 60.443 K per month. Top 50% average stipend stood at INR 85.4 K per month & top 25% average stipend stood at INR 1.13 K per month.
The below table shows the industry-wise highlights of IIM Amritsar Summer Internship Placements 2023:
Industries | Offer Percentage |
---|---|
Manufacturing / Logistics | 16% |
IT / Technology / Analytics | 15% |
Education / EdTech | 14% |
Consulting | 14% |
BFSI | 13% |
E-commerce / Retail / Advertising | 12% |
Development / Construction | 7% |
FMCG / FMCD | 6% |
Others | 3% |
During the summer internship placement drive, the highest number of offers came from the Manufacturing / Logistics industry followed by the IT / Technology / Analytics industry.
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The below table shows the domain -wise highlights of IIm Amritsar Summer Internship Placements 2023:
Domains | Offer Percentage |
---|---|
Marketing | 27% |
Sales | 14% |
FInance | 14% |
Operations | 12% |
Analytics | 9% |
HR | 6% |
General Management | 6% |
Strategy / Consulting | 6% |
Product Management | 6% |
During the summer internship placement drive, the highest number of offers came from the Marketing domain followed by the Sales domain.
The below info-graph represents the 2021-23 batch profile of IIM Amritsar:
The 2021-23 batch comprised 92% male students & 8% female students. 40% of the batch were freshers & rest of the students had previous work experience.
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The following table represents the company wise placements of batch 2021 at IIM Amritsar:
Company | Profile | CTC | No of Students |
---|---|---|---|
Accenture | Business & Integration Arch Sr Analyst | 10-16 | 3 |
Aakash Institute | Management Trainee | 12 | 1 |
Amazon | Team manager | 8 to 10 | 1 |
Anand Rathi | Management Trainee | 8-10 | 3 |
AU Small Finance Bank | Manager Business Solution || Product manager | 8-10 | 3 |
Byju's | Marketing | 10-12 | 1 |
Capital Foods | Management Trainee | 8-10 | 0 |
CIPLA | Product manager | 12-16 | 1 |
CloudMentor | Business Analyst | 8-10 | 1 |
Crompton | Management Trainee | 14-18 | 2 |
Delhivery | Enterprise manager | 10 | 1 |
Deloitte | Business Valuation || Consultant | 8-10 | 2 |
EY | Consultant | 8-10 | 9 |
Gartner | Social Media Analytics | 9-10 | 1 |
Grant Thornton | Analyst | 10-12 | 0 |
Happay | Business Analyst | 9-11 | 1 |
HCL | Sales Consultant || Sr Analyst | 10-14 | 4 |
Hexaware | management trainee | 9 | 2 |
HFCL | management trainee | 8-10 | 2 |
ICICI Lombard | Product Manager | 16-18 | 2 |
IndiaMart | Assistant product manager | 9-10 | 1 |
Infosys | Associate Consultant || Analyst | 9-12 | 3 |
InMorphis | Sales | 8 | 0 |
iQuanti | Management Trainee | 12-13 | 1 |
K12 | Management Trainee | 10 | 2 |
Kochar Tech | Deputy Manager Marketing | 10 | 1 |
MuSigma | Analyst | 12.5 | 0 |
Netcon | Sales | 8 to 10 | 0 |
Photon | Product manager | 10-13 | 2 |
PineLabs | Issue manager | 14 | 1 |
Polycab | Buss Leadership Trainee | 16 | 2 |
Scalar | Business Development | 18 | 0 |
TA Digital | Management Trainee | 15-18 | 2 |
Suzlon | Management Trainee | 10 to 12 | 2 |
Tech Mahindra | Sr Business Associate | 8 to 10 | 5 |
Technopak | Management Consultant | 8-12 | 1 |
Urban Company | Category Manager | 12-15 | 1 |
Xiaomi | Management Trainee | 16 to 18 | 2 |
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Name of organizations | Number of alumni |
Indian Institute of Management Amritsar | 38 |
IDFC First Bank | 16 |
Deloitte | 15 |
TEDEx IIM Amritsar | 14 |
EY | 12 |
Ques. What was the IIM Amritsar average package during its 2022 placement drive?
Ans. Students received an average salary of INR 14.63 LPA during IIM Amritsar Placements 2022.
Ques. How was IIM Amritsar Placements 2022?
Ans. During IIM Amritsar Placements 2022, the highest salary & average salary stood at INR 25.21 LPA & INR 14.63 LPA respectively. 212 students received 285 placement offers. 110+ recruiters visited the campus during the placement drive.
Ques. What was the IIM Amritsar highest package offered during its 2022 placement drive?
Ans. The highest salary stood at INR 25.21 LPA during IIM Amritsar Placements 2022.
Ques. How many students got placed during IIM Amritsar Placements 2022?
Ans. 212 students got placed during IIM Amritsar Placements 2022.
Ques. How many offers were received during IIM Amritsar Placements 2022?
Ans. Students received 285 offers during IIM Amritsar Placements 2022.
Ques. How many recruiters participated in IIM Amritsar Placements 2022?
Ans. More than 110 recruiters participated in IIM Amritsar Placements 2022.
Ques. What was the highest stipend offered during IIM Amritsar Summer Internship Placements 2022?
Ans. The highest stipend stood at INR 3.50 Lakhs per month during IIM Amritsar Summer Internship Placements 2022.
Ques. What was the average stipend offered during IIM Amritsar Summer Internship Placements 2022?
Ans. Students received an average stipend of INR 60.443 K per month during IIM Amritsar Summer Internship Placements 2022.
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IIM Amritsar has made its name in the IIM family due to the following
All these achievements have made it among the fastest-growing IIMs. So I don’t understand why people keep questioning and judging an Institute of National Importance.
Now coming to your question, yes RBI did visit the IIM Amritsar campus for recruitment last year for Summer Internships but the exact role and package were not revealed to the public. Try to get in touch with some batchmates to get this info.
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Companies | |||
---|---|---|---|
Amazon | Dell | Ernst & Young | Infosys |
Maruti Suzuki | Accenture | HDFC Bank | Tata Steel |
Mphasis | KPMG | Tech Mahindra | L&T Ltd. |
Pidilite Industries | HFCL | Mind Tree Limited | Fiitjee Group |
ICICI Lombard | SBI | Virtusa | Emami Limited |
Adani group | Reserve Bank of India | Canara Bank | Protiviti Consulting Pvt. Ltd. |
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