IIM Amritsar Placement Report 2020 – Highest domestic annual salary is Rs.40 LPA. The average for top-quartile is Rs.17.86 LPA. For IIM Amritsar Summer placement 2020, highest stipend is INR 2,50,000 and average stipend is INR 62,500.
IIM Amritsar Placement Report 2020
Final Placement for Class of 2020
In a fitting conclusion to a glorious academic year 2019-20, IIM Amritsar concluded 100% final placement of its MBA04 batch, even amidst a slight economic stagnation throughout the year. The key metrics continued to display an upward trend once again this year, with an average CTC reaching Rs.12.61 LPA, a modest increase over the last year. The highest domestic annual package spiralled to Rs.40 LPA, marking a 90% YoY increase. The average for top-quartile witnessed a 15.15% growth as compared to last year, reaching Rs.17.86 LPA from Rs. 15.51 LPA.
The placement drive saw a balanced mix of offers for all the management domains like marketing, sales, and finance, along with some noteworthy offers in operations and analytics domains. The institute, for the first time, witnessed a healthy spike in advisory & consulting roles offered to the students from three of the Big Four accounting firms, viz., Deloitte, Ernst & Young, and KPMG. In addition, IIM Amritsar witnessed marquees like Amazon, Grant Thornton, Bisleri, Aditya Birla Capital, etc., visiting the campus for the first time, along with several reputable firms like ICICI Lombard, Anand Rathi, Accenture, returning for recruitment.
Summer Placement for Class of 2021
The institute, despite the increase in the batch size by 50%, managed 100% summer placements of its fifth batch, while outperforming all its past benchmarks. The highest stipend offered this year was Rs. 2,50,000, a 25% leap over last year.The overall average and the average stipend for the top 25% of the batch, stood at Rs. 62,572 and Rs. 1,35,357, respectively.
The internship drive saw an overwhelming response from prominent recruiters like ICICI Lombard, Cipla, Landmark, L&T, Nielsen, CRISIL, GroupM, etc., offering a multitude of roles including business development, operations and analytics, supply chain, finance, and market research. The recruiters lauded IIM Amritsar for the variety and quality of the talent pool of the institute, which has only helped foster the industry-academia partnership of the institute. IIM Amritsar extends its profound gratitude to the recruiters for their continued support.