IIM Amritsar achieves yet another milestone as the final placements for the second batch concludes on a high note. 100% placement was achieved well ahead of graduation of the batch despite the current batch growing double in size, that is, 104 compared to the previous batch size of just 44. The highlight of this year's placement was a huge increase in the highest package, leapfrogging three times from the previous year to 54 LPA. In addition, seven from the batch received attractive international offers.
The relevant knowledge, skill and diversity of the students attracted recruiters from various sectors spanning across all prominent domains of management including Marketing, Finance, HR, Operations, Consulting, IT analytics and General Management. Besides the continued association with our prominent recruiting partners like ICICI Lombard, Muthoot, Shopclues, Motilal Oswal, Magic 9, HFCL etc., this year, we also hosted many other new recruiters including major industry leaders like Amazon, Accenture, CRISIL, Infosys, Virtusa, Capita, JK Tech, IndiaMart, Cadila, RustomJi, NTC, Thomas Cook, Walmart, Anand Rathi, TCS, Vaibhav Global, Reliance Home Finance & Nippon Paints, etc.Other feathers of success for this batch include the International Placements in prominent houses of Tolaram, Squareyards & Protiviti.
The top 10% of students secured an average salary of 22.3 LPA and the average salary of the batch stood at 11.93 LPA with an increase of 16.28% from the previous year.
Chairperson (Placement), Prof. Arun Kaushik gave the credit of this accomplishment to the Placement Team of IIM Amritsar and he appreciated the team's efforts. IIM Amritsar is currently running under the mentorship of IIM Kozhikode Director, Prof. K. Balooni, whose continuous support and involvement has made the institute achieve this height of success within a short span since inception.
