What is the hostel fees at IIM, Amritsar?
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1 Answer
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IIM Amritsar's hostel is presently located approximately two kilometres from the Airport in Blessing City. The Society accommodate students and faculties. There is a twin-sharing room with a bed, study table, and other amenities like Wi-Fi, a chair, a cupboard, etc. in the IIM Amritsar hostel. Hostel costs at IIM Amritsar are 50K INR annually.
These are the hostel fees: About INR 50,000 per year goes toward male hostels, INR 50,000 goes toward female hostels, and INR 10,000 per month goes toward mess fees.
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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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