Which is better for an MBA, IIM Amritsar or IIT Roorkee?
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1 Answer
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The official data for IIT Roorkee placements 2024 has not been released. However, as per the data fetched from media reports, the average package offered to IIT Roorkee MBA batch 2024 was INR 20 LPA. On the other hand, IIM Amritsar average package for the top 25% offers of MBA batch 2022-24 stood at INR 19.73 LPA. The table below compares IIM Amritsar and IIT Roorkee for MBA placements 2024:
Institute Name Average Package (2024) Highest Package (2024) IIM Amritsar INR 19.73 LPA (Top quartile) - INR 58.52 LPA (International)
- INR 28 LPA (Domestic)
IIT Roorkee INR 20 LPA INR 2.05 crore per annum
NOTE: The IIT Roorkee placement stats are gathered from multiple media reports.
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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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