The Indian Institute of Management Amritsar concluded its placement for the 2022-24 batch—students of MBA, MBA-business analytics, and MBA-HRM programmes— achieving 100 per cent placement. While the highest annual CTC (cost-to-company) was Rs 58.52 lakhs, the median CTC was Rs 15 lakhs. The average CTC of the top quartile was Rs 19.59 lakhs, with a median of Rs 17.69 lakhs. Three students chose to join their family businesses, while six opted to try entrepreneurship.
Students were offered diverse roles in finance, marketing, consulting, general management, analytics and HR. While 39 pre-placement offers (PPOs), there were two pre-placement interviews (PPIs), and four international offers.
Nagarajan Ramamoorthy, director, IIM Amritsar, admitted that “This year has been particularly difficult for IIMs/IITs to place students due to various factors like elections, market unpredictability, global conflicts, and a general economic slowdown.” However, despite the challenges, he acknowledged how “India has shown resilience” and how proud IIM Amritsar is, “to have sustained our placement momentum”.
Sakshi Aggarwal, placement co-chairperson, highlighted the increase in job offers and the variety of roles available, reflecting the programme’s quality and student potential.
Sujit R. Jagadale, placement co-chairperson emphasised the institute’s strategic location in Amritsar, fostering both enthusiasm and resilience in its students. He underscored the students’ contributions to India’s growth story; a commitment IIM Amritsar remains dedicated to.
Over 240 companies participated in the drive. The regular participants are Landmark Group, TASC, Accenture, Adani Group, Tata group companies, Reliance Group, Amazon, Arcesium, EXL, GMR Group, ICICI Bank, Kotak Mahindra Bank, MPhasis, and Schneider Electric, among others. The first timers were Egniol Group, DS Group, BharatForge, DOLAT Capital, DawaaDost, EValueserve, Prime Focus Technologies and Unacademy.
