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IIM Amritsar Placements 2024, Over 240 companies participate; highest CTC stood at INR 58.52 lakh

In IIM Amritsar Placements 2024, a record-breaking year with over 240 companies participating and the highest CTC reaching INR 58.52 lakh. Explore detailed placement statistics, top recruiters, and key highlights of the placement season.
authorImageShivani Kumari23 Jul, 2024
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IIM Amritsar Placements 2024

IIM Amritsar Placements 2024: IIM Amritsar has successfully completed placements for its 2022-24 batch. All students from the MBA, MBA-Business Analytics, and MBA-HRM programs have secured jobs. The highest annual CTC offered was INR 58.52 lakhs, with a median CTC of INR 15 lakhs. The top quartile's average CTC was INR 19.59 lakhs, and the median was INR 17.69 lakhs. Additionally, three students chose to join their family businesses, while six pursued entrepreneurship.

IIM Amritsar Placements 2024 Overview

During the placements, students at IIM Amritsar received offers for diverse roles in finance, marketing, consulting, general management, analytics, and HR. There were 39 pre-placement offers (PPOs), two pre-placement interviews (PPIs), and four international offers.

IIM Amritsar Placements 2024: Top Recruiters

More than 240 companies participated in the placement drive, including regular participants like Landmark Group, TASC, Accenture, Adani Group, Tata Group companies, Reliance Group, Amazon, Arcesium, EXL, GMR Group, ICICI Bank, Kotak Mahindra Bank, MPhasis, and Schneider Electric. First-time recruiters included Egniol Group, DS Group, BharatForge, DOLAT Capital, DawaaDost, EValueserve, Prime Focus Technologies.
IIM Amritsar Placements 2024: Top Recruiters
Category Companies
Total Participants More than 240
Regular Participants Landmark Group, TASC, Accenture, Adani Group, Tata Group companies, Reliance Group, Amazon, Arcesium, EXL, GMR Group, ICICI Bank, Kotak Mahindra Bank, MPhasis, Schneider Electric
First-time Recruiters Egniol Group, DS Group, BharatForge, DOLAT Capital, DawaaDost, EValueserve, Prime Focus Technologies, Unacademy
Addressing the multiple factors affecting placements, Nagarajan Ramamoorthy, Director of IIM Amritsar, stated, “This year has been particularly difficult for IIMs/IITs to place students due to various factors like elections, market unpredictability, global conflicts, and a general economic slowdown.” Despite these challenges, he acknowledged, “India has shown resilience, and we are proud to have sustained our placement momentum.”

IIM Amritsar Placements 2024: Stellar Placement Performance

This year's placement season at IIM Amritsar was marked by several remarkable achievements. The institute witnessed a 7% increase in the top quartile stipend for summer internships, with the highest stipend reaching an impressive ₹2,75,000.  Additionally, the final placements saw the highest CTC offered stand at a staggering ₹58.52 lakh, further solidifying IIM Amritsar's reputation as a premier management institution.

IIM Amritsar Placements 2024: Over 240 companies participate; highest CTC stood at INR 58.52 lakh

IIM Amritsar Placements 2024: Diverse Recruitment Landscape

The placement process at IIM Amritsar attracted a diverse range of recruiters, including industry giants and prominent startups. Some of the major recruiters that participated in the process include Adani Group, American Express, Anand Rathi Wealth Limited, Arcesium, Bausch + Lomb, Country Delight, CRISIL Limited, Dabur India Limited, Essar Power, EY, GAIL (India) Limited, ICICI Bank, ICICI Lombard, Indraprastha Gas Limited, Infosys, Jio Creative Labs, Kotak Mahindra Bank, L&T Construction, Mother Dairy Fruit & Vegetable Pvt. Ltd., NSE India, Reserve Bank of India (RBI), Red Bull, Saint-Gobain, Schneider Electric, ServiceNow, Tata Capital, Tata Chemicals, Tech Mahindra, TVS Motor Company, Union Bank of India, United Colors of Benetton India, Volvo Eicher, and Whatfix. The placement process also witnessed the participation of several startups, providing students with diverse and innovative career opportunities to explore. This diverse recruitment landscape reflects the growing industry interest and engagement with IIM Amritsar, further enhancing the institute's reputation and the career prospects of its students.

IIM Amritsar Placements 2024: Exceptional Guidance and Dedication

The remarkable placement success of IIM Amritsar can be attributed to the exceptional guidance provided by the institute's leadership and the unwavering dedication of the placement committee. Under the stewardship of Director Prof. Nagarajan Ramamoorthy, the Placement Chairpersons, Dr. Ravishankar Kommu and Dr. Sakshi Aggarwal, and the General Manager of Corporate Relations, Mr. Sanjay Tripathi, the placement process was meticulously orchestrated to ensure the best possible outcomes for the students. The Placement Committee at IIM Amritsar played a pivotal role in this achievement, working tirelessly to facilitate the recruitment process and foster strong industry partnerships. Their steadfast commitment and strategic approach have been instrumental in securing these outstanding results, even amid the challenges posed by the ongoing economic recession.

IIM Amritsar Placements 2024: Diverse Internship Opportunities

The summer internship placement process at IIM Amritsar was equally impressive, with 279 students securing positions in over 105 companies.  The highest stipend offered during the summer internships stood at ₹2,40,000, with the top quartile average stipend reaching ₹1,25,223. The overall average stipend for the summer internships was ₹85,805. The summer internship placements saw a diverse range of industries represented, including BFSI (30%), E-commerce/Retail/Advertising (16%), IT/Technology/Analytics (15%), Manufacturing/Logistics (12%), Development/Construction (7%), Consulting (7%), FMCG/FMCD (6%), and Education/EdTech (4%).  This breadth of opportunities allowed students to explore various domains and gain valuable industry exposure, further enhancing their career prospects.

IIM Amritsar Placements 2024: Exceptional Student Performance

The remarkable placement success at IIM Amritsar is a testament to the exceptional performance and dedication of the students. Despite the challenging economic climate, the MBA batch of 2023-2025 demonstrated unwavering commitment and resilience, securing placements with top-tier companies across diverse industries. The institute's Director, Prof. Nagarajan Ramamoorthy, expressed immense pride in the students' achievements, stating, "The perseverance and hard work of our students in these challenging times are truly commendable. We have full confidence in their abilities to continue excelling in all their endeavors, and we look forward to witnessing their continued growth and success." To enter the top MBA institutes, it is crucial that candidates follow a strategic preparation plan. PW MBA Online Coaching provides expert guidance through regular live classes. Join PW MBA Classes to strengthen fundamental knowledge, attempt multiple test series, get performance analysis report, and streamline preparation to clear MBA entrance exams with commendable scores.

IIM Amritsar Placements 2024 FAQs

How many companies participated in IIM Amritsar's 2024 placements?

Over 240 companies participated in IIM Amritsar's 2024 placements.

What was the highest CTC offered during the placements?

The highest CTC offered was INR 58.52 lakh.

What was the median CTC for the placements?

The median CTC was INR 15 lakh.

Which programs were included in the 2024 placements?

The programs included were MBA, MBA-Business Analytics, and MBA-HRM.

Did any students pursue entrepreneurship or family business after placements?

Yes, three students joined their family businesses, and six students pursued entrepreneurship.
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