Which one is better, IIM Vizag vs IIM Amritsar?
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1 Answer
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The table given below shows the salary comparison of closely ranked IIMs:
IIM Name Average Package (2024) Highest Package (2024) IIM Amritsar INR 19.73 LPA (Top quartile) - INR 58.52 LPA (International)
- INR 28 LPA (Domestic)
IIM Visakhapatnam INR 15.61 LPA INR 43.25 LPA IIM Sambalpur INR 14.21 LPA - INR 23.50 LPA (Domestic)
IIM Nagpur INR 16.29 LPA INR 38.40 LPA IIM Amritsar is better in some ways whereas IIM Visakhapatnam is better in other ways. Hence, it depends on students what forms their foremost preference.
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Candidates who have complete master's degree or PG Diploma or its equivalent in any discipline with first-class or BTech/4-year degree with 6.5 CGPA or equivalent are eligible to apply for PhD programme at IIM Amritsar.
Aspirants with any professional qualification such as CA/ ICWA/ CS/CFA- Level-II (USA) with a graduate degree in the relevant subject has a minimum 55% aggregate marks or equivalent grade point average can also apply.
IIM Amritsar shortlists candidates based on their entrance exam scores at the first level. Aspirants must have a valid score in CAT, GATE, GMAT, GRE or JAM for admission. Shortlisted candidates are further called for a personal interview round for admission. The institute also considers Class 10, Class 12, qualifying degree marks and work experience and gender diversity for final selection.
Candidates must pass a bachelor's or a master's degree or any other equivalent degree, preferably involving Management, Mathematics, Computer Science or allied fields with at least 60% aggregate or 6.0 CGPA or first class to apply for MSc programme at IIM Amritsar. Besides, aspirants must also have a valid score in CAT, GATE, GMAT, GRE or JAM for admission.
IIM Amritsar offers a five-year Integrated programme in Management or IPM leading to MBA. Students in the course get an option to exit the course in three-years with a Bachelor of Science in Quantitative Finance and Economics degree. Students are shortlisted for IPM based on their IPMAT scores. Selected candidates have to further pass a personal interview round for admission.
IIM Amritsar and IIM Jammu both offer MBA admission based on the CAT entrance exam. The final CAT cutoff is comparatively higher for IIM Amritsar (95-96) than IIT Jammu (90) for the General AI category students. Candidates can refer to the table below to check other aspects as well, such as tuition fees and average packages, to decide which IIM is better for MBA admission.
| Parameters | IIM Jammu | |
|---|---|---|
| Final CAT Cutoff (2023) | 95-96 | 90 |
| Qualifying CAT cutoff (2024) | 90 | 91 |
| MBA Tuition fees (2024) | 12.5 L - 14 L | 12.5 L - 30.9 L |
| Average package (2024) | INR 19.73 LPA | INR 15.48 LPA |
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