What is the salary offered during IIM Amritsar placements?
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1 Answer
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During 2024 placements, the overall the highest package offered was INR 58.52 LPA. Further, the average package and median package for top quartile stood at INR 19.73 LPA and INR 18.01 LPA, respectively. Looking at the past three years' data, an improving trend was observed in the salaries offered. The table below depicts the IIM Amritsar package trends for reference:
Particulars Placement Statistics (2022) Placement Statistics (2023) Placement Statistics (2024) Highest package INR 25.21 LPA INR 36.25 LPA - 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)
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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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