The final placements at IIM Amritsar have ended on a high note with 100% placements for the PGP 2017-19 batch with the domestic average salary going up significantly from Rs 11.02 lakh per annum (LPA) to Rs 12.2 LPA. In the process, it recorded a Year to Year growth of 10.7%.
In comparison to last year, there has been substantial growth in key metrics related to final placements figures. The students found more opportunities within the country this year. As a result, the highest domestic annual package has shot up from Rs 17 LPA to Rs 21 LPA.
- PGP 2017-19 Batch Domestic Average Salary Goes Up to Rs 12.2 LPA from Rs 11.02 LPA
- Median salary up from Rs 10.5 LPA to Rs 12 LPA
- More than 52 recruiters including several first-timers participated in the placements.
- Prominent recruiters included Accenture, Anand Rathi, Apollo Munich, CRISIL, Deloitte, GroupM, HDFC Bank, ICICI Lombard, KPMG, Motilal Oswal, Tata Teleservices, Thomas Cook and Trident.
The average salary rose from Rs 12.20 LPA to Rs 11.93 LPA. The median salary also saw a considerable upward increase from Rs 10.5 LPA to Rs 12 LPA this year.
The institute hosted more than 52 recruiters including several first-time participants. The prominent recruiters this year included Accenture, Anand Rathi, Apollo Munich, CRISIL, Deloitte, GroupM, HDFC Bank, ICICI Lombard, KPMG, Motilal Oswal, Tata Teleservices, Thomas Cook and Trident.
Sectorwise, BFSI, IT/OTES, Consulting, Telecommunications, Consumer Goods and Advertising Media came up with good offers.
IIM Amritsar has emerged as the largest, in terms of batch size, among the third generation IIMs. This has paid off for the institute in several ways
IIM Kozhikode Director Prof Debashis Chatterjee, who is also IIM Amritsar mentor Director, said, “It gives me immense satisfaction and happiness that the students of IIM Amritsar under the mentorship of IIM Kozhikode performed very well in their education and achieved well-deserved placements proving once again that IIM Amritsar stands differently among the newer generation IIMs.”
Prof Arun Kaushik, Chairperson, Placement, IIM Amritsar said, “Like in the previous year, we had a large batch size of close to 100 once again this year, which resulted in the addition of new quality recruiters to our existing placement contacts. We have consistently achieved 100% placements because of the trust we have gained and maintained over the last three years in terms of providing a quality talent pool to our recruiters.”
IIM Amritsar has emerged as the largest, in terms of batch size, among the third generation IIMs. This has paid off for the institute in several ways. The large batch size has provided the opportunity of having diversity and inclusive learning atmosphere in the classroom, attracted quality recruiters and also increased the alumni presence in the industry at a fast pace, the Institute said in a press release.