IIM Amritsar Student Bags Highest Salary Package of Rs. 54 Lakh
- A second-year MBA student at IIM Amritsar was selected by Singapore-based Company Toloram Group for the highest package of Rs. 54 lakh.
- The highest package offered this year was three times higher than IIM Amritsar’s previous highest package.
For the first time in the history of IIM Amritsar, a student has bagged the highest salary package of Rs. 54 lakh per annum and surprised everyone. The premier institute’s final placement process for the batch of 2016-18 witnessed a satisfactory number of students securing jobs with outstanding packages. The highest package offered this year was three times higher than IIM Amritsar’s previous highest package that was offered to a student. A second-year MBA student with a specialisation in Marketing has achieved this fete.
Also Read: IIM Placements 2018: Which IIM Offered Highest Package?
Chairperson of Placement Cell at IIM Amritsar, Professor Arun Kaushik, revealed that a job offer with the highest package of Rs. 54 lakh was made to Abdul Quadir by Toloram Group. The headquarters of the company is located in Singapore. Abdul is from Ahmedabad in Gujarat, and he joined IIM Amritsar in 2016.
Apart from Toloram Group, ICICI Lombard offered the highest package of Rs. 18 lakh per annum. The placement process of the premier institute concluded in March 2018. The exact placement percentage, details about average and median salary packages offered and the total number of students placed can be checked below.
IIM Amritsar Placements 2016-18 Major Highlights: -
| Total Number of Students Participated | 104 |
| Average salary offered | Rs, 11.93 lakh per annum |
| Total number of international offers | 07 |
| Highest package offered (domestic) | Rs. 18 lakh per annum |
| Highest package offered (international) | Rs. 54 lakh per annum |
| Major recruiting sector | IT |
| Domain-wise largest number of offers | Sales and Marketing |
| Major recruiters |
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Also Read: Which MBA College in India Offers the Best Placement?
Expressing his happiness, Abdul Quadir said that he was thrilled to receive this esteemed offer from a reputed Singapore-based company. However, he did not reveal many details about his placement offer. He expressed that his stay at IIM Amritsar was fantastic and thanked faculty members, fellow students and administration for being cooperative in all the aspects.