IIM Amritsar Average Package

The Indian Institute of Management (IIM) Amritsar has emerged as a prominent institution for management education in India. A key metric for prospective students is the average package offered during campus placements, which reflects the institute's industry recognition and the career prospects it provides. Understanding the average package at IIM Amritsar involves examining various facets, including program-specific salaries, placement statistics over recent years, and the sectors and companies that actively recruit graduates.

Average Package

IIM Amritsar offers competitive placement packages that vary based on the program and the performance of the graduating cohort. The average package serves as a benchmark for the financial prospects of its graduates.

• Overall Average Package (2023): INR 16.51 Lakhs Per Annum (LPA)
• Top Quartile Average Package (2024): INR 19.73 LPA

Placement Statistics

The placement statistics at IIM Amritsar provide a comprehensive view of the earning potential for its graduates. These statistics highlight the highest, average, and median packages over the past three years.

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Sectors and Recruiting Companies

IIM Amritsar's placement landscape is diverse, encompassing various sectors and a range of esteemed companies. This diversity ensures that graduates have access to opportunities across different industries.

• Finance:
• ICICI Bank
• HSBC
• HDFC Bank
• Consulting:
• McKinsey & Company
• Boston Consulting Group (BCG)
• Deloitte
• Technology:
• Infosys
• TCS
• IBM
• Marketing:
• Hindustan Unilever
• Procter & Gamble (P&G)
• Nestlé
• E-commerce:
• Amazon
• Flipkart
• Myntra
• Manufacturing:
• Tata Motors
• Larsen & Toubro (L&T)
• Mahindra & Mahindra

Factors Influencing Package Variations

Several factors contribute to the variation in packages offered to IIM Amritsar graduates:

• Program Type: Specialized programs may attract higher packages due to niche skill sets.
• Industry Demand: Sectors experiencing high growth and demand for talent, such as technology and consulting, tend to offer higher packages.
• Economic Conditions: Overall economic health and industry-specific trends can impact salary offers.
• Student Performance: Individual academic performance, internships, and extracurricular achievements can influence package negotiations.
• Global Opportunities: International placements often come with higher compensation compared to domestic offers.

Conclusion

IIM Amritsar provides robust placement opportunities with competitive average packages that reflect its growing reputation in the management education landscape. The institute's diverse industry connections and focus on academic excellence ensure that graduates are well-equipped to pursue successful careers across various sectors.

FAQs on IIM Amritsar Average Package

Q: What is the average package offered at IIM Amritsar?

A: The average package at IIM Amritsar varies by program. For the MBA program, the average package is approximately INR 16.51 LPA. For the Integrated Programme in Management (IPM), the top quartile average package is around INR 19.73 LPA.

Q: What are the median and highest packages offered at IIM Amritsar?

A: The median package for the MBA program at IIM Amritsar is about INR 16 LPA. The highest international package recorded is INR 58.52 LPA, and the highest domestic package is INR 28 LPA.

Q: Which sectors and companies are involved in IIM Amritsar placements?

A: Placements at IIM Amritsar span various sectors, including Finance, Consulting, Technology, Marketing, E-commerce, and Manufacturing. Notable companies recruiting from the campus include ICICI Bank, HSBC, McKinsey & Company, Boston Consulting Group, Deloitte, Infosys, TCS, Hindustan Unilever, Amazon, Tata Motors, and Larsen & Toubro, among others.

Q: How has the average package at IIM Amritsar evolved over recent years?

A: Over the past three years, the average package has shown an upward trend. In 2022, the overall average package was INR 14.63 LPA, increasing to INR 16.51 LPA in 2023, and further rising to INR 19.73 LPA for the top quartile in 2024.

Q: What determines the top quartile average package at IIM Amritsar?

A: The top quartile average package is influenced by high-performing students who secure placements with leading companies offering premium salaries. Factors include individual academic excellence, internships, leadership roles, and specialized skills relevant to high-paying industries.

Q: Are there opportunities for international placements at IIM Amritsar?

A: Yes, IIM Amritsar facilitates international placements. Notably, the highest international package offered in recent years has been INR 58.52 LPA, highlighting the institute's global reach and the demand for its graduates abroad.