IIM Amritsar Placements 2023: Average Package: INR 16.51 LPA

Amritsar, PunjabAutonomous UniversityEstd 2015
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IIM Amritsar Placements 2023: Average Package: INR 16.51 LPA

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Written By Aparna Das 

IIM Amritsar Placements 2023 has been concluded. IIM Amritsar average package stood at INR 16.51 LPA whereas IIM Amritsar median package stood at INR 16 LPA. Students received job roles in Product Management, Consulting, Brand Management, Data Analytics etc. 120 recruiters came from various sectors like Aerospace, Analytics, Automobile, BFSI etc. Some of the top recruiters included Adani, Adobe, Amazon, Accenture, Cipla, Cognizant etc.

During the 2022 placement drive, the highest salary stood at INR 25.21 LPA and the average salary stood at INR 14.63 LPA. The top quartile was offered the average salary of INR 18.54 LPA. There was an increase of 38.8% (approx) in the highest salary & 15.5% (approx) in the average salary as compared to the previous year. 212 Students were placed with 285 offers. Students also received 23 pre-placement offers which is 283.3% (approx) higher as compared to the previous year. 

IIM Amritsar has also released the final report of its 2023 summer internship placement drive. A total of 101 companies participated. The highest stipend stood at INR 3.5 Lakhs per month and the top Quartile average stipend stood at INR 1.01 Lakhs per month.

Well reputed firms like ICICI Lombard, Anand Rathi, Accenture, Cipla, Infosys, Amazon participated in the placement drive of 2022 and jobs from various domains like Marketing, Sales, Finance were offered.

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IIM Amritsar Placement Highlights

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IIM Amritsar Placements 2023 Report

Particulars Placements Statistics 2023 Placements Statistics 2022 Placements Statistics 2021
Number of Recruiters 120 110+ 88
Number of Students Placed - 212 146
Number of Placement Offers - 285 -
Number of PPOs - 23 6
Highest salary - INR 25.21 LPA INR 18.16 LPA
Average salary INR 16.51 LPA INR 14.63 LPA INR 12.67 LPA
Top 25% average salary INR 20.57 LPA INR 18.54 LPA INR 15.94 LPA
Median salary INR 16 LPA INR 13.54 LPA INR 12 LPA
Top Industry - BFSI/FinTech Consulting
Top Domain - Marketing Sales & Marketing
Top Recruiters Amazon, Adani, Accenture, Cognizant, KPMG Accenture, Cognizant, Dell, Deloitte, Genpact Tech Mahindra, HCL, Collegedunia, Accenture, Amazon

Also check IIM Amritsar Admission 2023

IIM Amritsar Placements 2022 Industry - Wise

The below table shows the industry-wise statistics of IIM Amritsar Placements 2022:

Industry Offer Percentage
BFSI / FinTech 28%
IT / Technology / Analytics 22%
Consulting 22%
E-commerce / Retail / Advertising 12%
Manufacturing / Logistics 7%
FMCG/FMCD 3%
Education / EdTech 1%
Pharmaceuticals 1%
Others 4%

During IIm Amritsar Placements 2022, the highest number of offers were made from the BFSI / FinTech industries followed by the IT / Technology / Analytics industries.

IIM Amritsar Placements 2022 Domain - Wise

The below table represents the domain-wise highlights of IIM Amritsar Placements 2022:

IIM Amritsar Domain wise Placement

During the placement drive, the highest number of offers came from the Marketing domain followed by the Analytics domain. 

Also check IIM Amritsar Ranking

IIM Amritsar Placements Year - Wise Trends

The below table represents the year-wise trends of IIM Amritsar Placements:

Particulars 2018-20 2019-21 2020-22
Number of Students Placed 106 146 212
Number of PPOs 11 6 23
Highest salary INR 40 LPA INR 18.16 LPA INR 25.21 LPA
Average salary INR 12.61 LPA INR 12.67 LPA INR 14.63 LPA
Top 25% average salary INR 18.86 LPA INR 15.94 LPA INR 18.54 LPA
Top Industry Consulting Consulting BFSI/FinTech
Top Domain Sales Sales & Marketing Marketing

During IIM Amritsar Placements 2022 the following trends have been observed:

  • The number of students placed increased from 146 to 212.
  • The number of pre-placement offers also increased from 6 to 23.
  • The highest salary increased from INR 18.16 LPA to INR 25.21 LPA.
  • Average salary increased from INR 12.67 LPA to INR 14.63 LPA.
  • The top quartile average salary increased from INR 15.94 LPA to INR 18.54 LPA.

IIM Amritsar Placements 2022 Top Recruiters

IIM Amritsar Top Recruiters

IIM Amritsar Placements 2022 Batch Profile

The below info-graph shows the 2020-22 batch profile of IIM Amritsar Placements:

IIM Amritsar Batch Profile

The 2020-22 batch comprised 66% male students & 34% female students. 55% of the batch were freshers. Most of the students had academic background in Mechanical / Production & Industrial Engineering & BBA / B.Com / B.Com / Finance & Accountancy. 

Also check IIM Amritsar Faculty

IIM Amritsar Summer Internship Placements 2023 Report

Particulars Internship Statistics 2022 Internship Statistics 2023
Number of Students - 263
Number of Companies Participated 102 101
First TIme Recruiters 94 -
Highest Stipend INR 1.7 Lakhs INR 3.5 Lakhs
Average CTC (Top 25%) INR 99.2K INR 1.13 Lakhs
Average CTC (Top 50%) - INR 85.4 K
Average Stipend INR 55K INR 60.443 K per month
Median Stipend - INR 50 K per month
Top Industry - Manufacturing / Logistics
Top Domain Sales & Marketing Marketing
Top Recruiters Hitachi, HP, Cipla Coca Cola, Microsoft, Tata Capital

During IIM Amritsar Summer Internship Placements 2023, 101 recruiters visited the campus. Major recruiters included Adobe, Cipla, Cognizant, Dalmia Group etc. A total of 263 students participated in the internship process.

The highest number of offers came from the Marketing domain. The Manufacturing / Logistics industry was the top industry during the summer internship placement drive.

The highest stipend offered was INR 3.50 Lakhs per month. Average stipend stood at INR 60.443 K per month. Top 50% average stipend stood at INR 85.4 K per month & top 25% average stipend stood at INR 1.13 K per month. 

IIM Amritsar Summer Internship Placements 2023 Industry - Wise

The below table shows the industry-wise highlights of IIM Amritsar Summer Internship Placements 2023:

Industries Offer Percentage
Manufacturing / Logistics 16%
IT / Technology / Analytics 15%
Education / EdTech 14%
Consulting 14%
BFSI 13%
E-commerce / Retail / Advertising 12%
Development / Construction 7%
FMCG / FMCD 6%
Others 3%

During the summer internship placement drive, the highest number of offers came from the Manufacturing / Logistics industry followed by the IT / Technology / Analytics industry.

Also check IIM Amritsar Hostel

IIM Amritsar Summer Internship Placements 2023 Domain - Wise

The below table shows the domain -wise highlights of IIm Amritsar Summer Internship Placements 2023:

Domains Offer Percentage
Marketing 27%
Sales 14%
FInance 14%
Operations 12%
Analytics 9%
HR 6%
General Management 6%
Strategy / Consulting 6%
Product Management 6%

During the summer internship placement drive, the highest number of offers came from the Marketing domain followed by the Sales domain.

IIM Amritsar Summer Internship Placements 2023 Top Recruiters

IIM Amritsar Summer Internship Placement Top Recruiters

IIM Amritsar Summer Internship Placements 2023 Batch Profile

The below info-graph represents the 2021-23 batch profile of IIM Amritsar:

IIM Amritsar Summer Internship Batch Profile

The 2021-23 batch comprised 92% male students & 8% female students. 40% of the batch were freshers & rest of the students had previous work experience. 

Also check IIM Amritsar News & Articles

IIM Amritsar Placements 2021 Company - Wise

The following table represents the company wise placements of batch 2021 at IIM Amritsar:

Company Profile CTC No of Students
Accenture Business & Integration Arch Sr Analyst 10-16 3
Aakash Institute Management Trainee 12 1
Amazon Team manager 8 to 10 1
Anand Rathi Management Trainee 8-10 3
AU Small Finance Bank Manager Business Solution || Product manager 8-10 3
Byju's Marketing 10-12 1
Capital Foods Management Trainee 8-10 0
CIPLA Product manager 12-16 1
CloudMentor Business Analyst 8-10 1
Crompton Management Trainee 14-18 2
Delhivery Enterprise manager 10 1
Deloitte Business Valuation || Consultant 8-10 2
EY Consultant 8-10 9
Gartner Social Media Analytics 9-10 1
Grant Thornton Analyst 10-12 0
Happay Business Analyst 9-11 1
HCL Sales Consultant || Sr Analyst 10-14 4
Hexaware management trainee 9 2
HFCL management trainee 8-10 2
ICICI Lombard Product Manager 16-18 2
IndiaMart Assistant product manager 9-10 1
Infosys Associate Consultant || Analyst 9-12 3
InMorphis Sales 8 0
iQuanti Management Trainee 12-13 1
K12 Management Trainee 10 2
Kochar Tech Deputy Manager Marketing 10 1
MuSigma Analyst 12.5 0
Netcon Sales 8 to 10 0
Photon Product manager 10-13 2
PineLabs Issue manager 14 1
Polycab Buss Leadership Trainee 16 2
Scalar Business Development 18 0
TA Digital Management Trainee 15-18 2
Suzlon Management Trainee 10 to 12 2
Tech Mahindra Sr Business Associate 8 to 10 5
Technopak Management Consultant 8-12 1
Urban Company Category Manager 12-15 1
Xiaomi Management Trainee 16 to 18 2

Check Comprehensive Guide To Solve Guesstimates Questions In An Interview

IIM Amritsar Alumni Network

Name of organizations Number of alumni
Indian Institute of Management Amritsar 38
IDFC First Bank 16
Deloitte 15
TEDEx IIM Amritsar 14
EY 12

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IIM Amritsar Placements FAQs

Ques. What was the IIM Amritsar average package during its 2022 placement drive?

Ans. Students received an average salary of INR 14.63 LPA during IIM Amritsar Placements 2022.

Ques. How was IIM Amritsar Placements 2022?

Ans. During IIM Amritsar Placements 2022, the highest salary & average salary stood at INR 25.21 LPA & INR 14.63 LPA respectively. 212 students received 285 placement offers. 110+ recruiters visited the campus during the placement drive. 

Ques. What was the IIM Amritsar highest package offered during its 2022 placement drive?

Ans. The highest salary stood at INR 25.21 LPA during IIM Amritsar Placements 2022.

Ques. How many students got placed during IIM Amritsar Placements 2022?

Ans. 212 students got placed during IIM Amritsar Placements 2022.

Ques. How many offers were received during IIM Amritsar Placements 2022?

Ans. Students received 285 offers during IIM Amritsar Placements 2022.

Ques. How many recruiters participated in IIM Amritsar Placements 2022?

Ans. More than 110 recruiters participated in IIM Amritsar Placements 2022.

Ques. What was the highest stipend offered during IIM Amritsar Summer Internship Placements 2022?

Ans. The highest stipend stood at INR 3.50 Lakhs per month during IIM Amritsar Summer Internship Placements 2022.

Ques. What was the average stipend offered during IIM Amritsar Summer Internship Placements 2022?

Ans. Students received an average stipend of INR 60.443 K per month during IIM Amritsar Summer Internship Placements 2022.

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IIM Amritsar Highest and Average Package

Highest PackageAverage Package
36.25 L
16.51 L
07.3 Lakhs14.5 Lakhs21.8 Lakhs29.0 Lakhs36.3 Lakhs

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IIM Amritsar: 1 Answered Question

Did RBI visit IIM Amritsar for recruitment as per the recent placement report? If yes, what profile did they offer?

Ashok Dubeformer Student at Indian Institute of Management Amritsar (2017-2019)

IIM Amritsar has made its name in the IIM family due to the following 

  • Corporate Competitions’ Presence
  • Student Achievements
  • Placement Records

All these achievements have made it among the fastest-growing IIMs. So I don’t understand why people keep questioning and judging an Institute of National Importance.

Now coming to your question, yes RBI did visit the IIM Amritsar campus for recruitment last year for Summer Internships but the exact role and package were not revealed to the public. Try to get in touch with some batchmates to get this info.


 

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IIM Amritsar Alumni Distribution By Companies

Oyo Rooms 35%
Walmart 25%
Reserve Bank of India 20%
Tata Steel 20%

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Frequently Visited Companies

Companies
AmazonDellErnst & YoungInfosys
Maruti SuzukiAccentureHDFC BankTata Steel
MphasisKPMGTech MahindraL&T Ltd.
Pidilite IndustriesHFCLMind Tree LimitedFiitjee Group
ICICI LombardSBIVirtusaEmami Limited
Adani groupReserve Bank of IndiaCanara BankProtiviti Consulting Pvt. Ltd.

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