IIM Amritsar Placement 2019: Domestic annual package shot up to 21 LPA

IIM Amritsar has completed 100% placements for the PGP 2017-19 Batch and this year the institute has witnessed substantial growth in its final placement statistics. The highest domestic offer was extended to the IIM Amritsar candidate stood at 21 LPA from 17 LPA last year. So here are the PGP Placement highlights for you to read:

IIM Amritsar PGP Placement highlights:

  • 100% placements achieved
  • The Median placement package recorded in IIM Amritsar was 12 LPA
  • Average package stood at 12.20 LPA from 11.02 LPA last year.
  • Overall 52 recruiters visited the campus that included many first-time participants
  • Domestic annual package has shot up to 21 LPA from 17 LPA last year

IIM Amritsar is running under the mentorship of IIM Kozhikode. On this achievement, Prof. Debashis Chatterjee, the mentor Director and Director of IIM Kozhikode said, 'It gives me immense satisfaction and happiness that the students of IIM Amritsar under the mentorship of IIM Kozhikode performed very well in their education and achieved well deserved placements proving once again that IIM Amritsar stands differently among the newer generation IIMs. I congratulate the graduating students and wish them best with their career".

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Recruiters on the IIM Amritsar Campus

IIM Amritsar welcomed more than 52 recruiters that included several first-time participants. The prominent recruiters of 2019 placement drive were top brands such as Accenture, Anand Rathi, Apollo Munich, CRISIL, Deloitte, GroupM, HDFC Bank, ICICI Lombard, KPMG, Motilal Oswal, Tata Teleservices, Thomas Cook, Trident and many more. Recruiters from BFSI, IT/OTES, Consulting, Telecommunications, Consumer Goods, Advertising Media and others hired the talented pool of candidates on decent profiles at lucrative packages.

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IIM Amritsar Placements 2019: Salary Statistics

International firms took keen interest in hiring the candidates from the campus this year. As a consequence, students got hands on good brands and opportunities within the country to fulfill their career aspirations. The highest domestic annual package rose from 17 LPA to 21 LPA this year. The domestic average of the batch has also escalated from 11.02 LPA to 12.2 LPA, with YoY growth of 10.7%. The growth in the salary statistics could be attributed to the availability of quality opportunities available in Indian economy. The median for the present batch also increased from 10.5 LPA to 12 LPA this year.

Also Read: IIM Tiruchirappalli concludes final placement

Prof. Arun Kaushik, Chairperson, Placement, IIM Amritsar said, "Like previous year, we had a large batch size of close to 100 once again this year, which resulted in addition of new quality recruiters to our existing placement contacts. We have consistently achieved 100% placements because of the trust we have gained and maintained over the last three years in terms of providing quality talent pool to our recruiters."

About IIM Amritsar

IIM Amritsar is the 15th Indian Institute of Management set up by the Ministry of Human Resources Development with the support of Government of Punjab in 2015. The permanent campus of the institute was set up under the direction and mentorship of IIM Kozhikode. The institute commenced its operation in the year 2015 with a maiden batch of 45 students. Subsequently, the institute gained popularity and the second batch gave admission to 104 students in its flagship PGP programme. It is one of the newest IIMs that has emerged to be the largest, in terms of batch size, and acceptability in the industry by attracting quality recruiters.

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