Is MBA from IIM Amritsar worth it?
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1 Answer
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Stated below are two important factors, i.e. IIM Amritsar ranking and its placement details based on which candidates can make decision regarding the MBA progamme at IIM Amritsar.
IIM Amritsar MBA Ranking
Cited below is the IIM Amritsar ranking awarded by National Institute Ranking Framework (NIRF). NIRF evaluate institutes based on various parameters such as the teaching and learning process, research and professional practice, and many other important aspects.
Ranking body
2024
NIRF
47
IIM Amritsar MBA Placements
IIM Amritsar has released the final placement report for the MBA batch 2022-24. Over 250 recruiters participated, including more than 120
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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) |
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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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