Is IIM Amritsar worth joining?
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2 Answers
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In terms of placements, the institute has achieved remarkable numbers. The highest package has improved over the past three years. The participation of companies has also increased from 2022 to 2024. The following table represents the IIM Amritsar placement trends for the past three years:
Particulars Placement Statistics (2022) Placement Statistics (2023) Placement Statistics (2024) Highest package INR 25.21 LPA INR 36.25 LPA (International) - INR 58.52 LPA (International)
- INR 28 LPA (Domestic)
Average package - INR 14.63 LPA (Overall)
- INR 18.54 LPA (Top quartile)
- INR 16.51 LPA (Overall)
- INR 20.57 LPA (Top quartile)
INR 19.73 LPA (Top quartile) Median package INR 13.54 LPA (Overall) INR 16 LPA (Overall) INR 18.01 LPA (Top quartile) No. of PPOs 23 25 N/A No. of companies participated 110+ 120+ 250+ -
Yes, the Indian Institute of Management–Amritsar (IIM–Amritsar) is a good college. The college is ranked 51 by NIRF (National Institutional Ranking Framework) 2023 for Management. Indian Institute of Management–Amritsar (IIM–Amritsar) offers placements and scholarships to students as financial assistance. Those who find the fee a little high and are not able to join the college, can apply for the loans or the various scholarships provided by the college. Hence, this college is worth joining.
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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.
The institute has disclosed the average package 2024 for the top quartile. The table below depicts the IIM Amritsar average package for the past three years:
| Particulars | Placement Statistics (2022) | Placement Statistics (2023) | Placement Statistics (2024) |
|---|---|---|---|
| Overall average package | INR 14.63 LPA | INR 16.51 LPA | N/A |
| Top quartile average package | INR 18.54 LPA | INR 20.57 LPA | INR 19.73 LPA |
| Top 50% average package | N/A | INR 19.54 LPA | N/A |
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