Amidst the uncertainties brought on by the pandemic, IIM Amritsar has successfully concluded summer placements for the MBA batch 2020-22, with 100% placements. This was the Institute’s largest MBA batch till date, with 212 students, that is, 50 per cent more than the last batch. Interestingly, 33 per cent of the batch comprises girl students and the batch has students from more than 24 states in India.
The top quartile average stipend and the highest stipend offered were Rs 99,207 and Rs 1,70,000, respectively. The students were given opportunities in all areas of management, including marketing, finance, operations, business analytics, HR, and general management. The entire process was held virtually, as has been the case at most MBA institutes this year, owing to the pandemic.
More than 100 recruiters participated in the summer internship hiring process, which is again an overwhelming 100 per cent year-on-year increase in the number of participants. There were at least 80 new recruiters this time, amongst whom were big names including Adobe, Shoppers Stop, Jio Creative Labs, Crompton Greaves, Kotak Mahindra, Dalmia Group, Indian Oil, Haldiram’s, Capital Food and Akshay Patra. Amongst the previous recruiters, were Cipla, HPCL, ICICI Lombard, V-Guard, RBI and Xiaomi.
Quite recently, IIM Amritsar, was in the news when its student, Jashvanth Naidu Pogiri, received the National Youth Icon Award for 2020 given annually by the International Youth Committee (IYC), a United Nations accredited organisation, at the World Youth Summit. He was recognised for his project on sustainable market revival of Ponduru Khadi, a heritage handloom from the Ponduru village of Andhra Pradesh.