What is the average CTC offered at IIM Amritsar?
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1 Answer
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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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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 tuition fee for the MBA course at IIM Nagpur is INR 18.9 lakh. Whereas, the tuition fees for the MBA course at IIM Amritsar range from INR 12.5 Lacs to INR 14 lakh. This is clearly stating that IIM Amritsar is more affordable than IIM Nagpur. However, before choosing the best options candidates are required to compare the college and courses on several other factors apart from fees, such as NIRF Ranking 2024, placement packages, cutoff trends and various other factors. Hence, before applying to any top B school, candidates should decide after comparing multiple parameters of the MBA course and college.
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