IIM Amritsar Records 100% MBA Placement with 13% Rise in Average Salary at INR 16.51 LPA

New Delhi: Indian Institute of Management (IIM), Amritsar has successfully completed its placement season for the seventh and largest MBA batch of 2021–23, by recording an 100% success rate and 13% increase in the average salary, which was recorded at INR 16.51 LPA. 

Despite the big batch size, IIM Amritsar not only smashed its previous record and exceeded the salary packages of its previous class, but also achieved 100% placement with significantly greater offers.

They have announced the completion of final placement 2023 for its 7th batch 2021-23, which is something that many other well-known top MBA colleges have not been able to do

IIM Amritsar revealed that it has once again climbed new heights and achieved 100% placements for its 7th MBA cohort" (21-23). A remarkable number of new and recurring firms participated in the placement process and presented record packages to the MBA students.

Further, IIM Amritsar has increased its average salary by 13% from the previous year to INR 16.51 LPA. The average for the highest quartile came out to INR 20.57 LPA.

IIM Amritsar MBA Placement 2023: Highlights

Particulars  Details
Name of the Placements  IIM Amritsar Final Placements 2023 
Conducting Body IIM Amritsar 
Programme Name & Batch  MBA - 2021-23
Average Salary up by 13% INR 16.51 LPA
Average salary for Top 25% Students  INR 20.57 LPA
Median Salary INR 16 LPA 
Total Recruiters  120
Top Recruiters  Accenture, Amazon, Cipla, Deloitte, Adani, BMW, Cognizant, EY, CRISIL, Godrej, KPMG, McKinsey, Reliance Retail, ZS Associates
Top Roles  Product Management, Consulting, Brand Management, Data Analytics, Digital Marketing, Operations, Equity Research, Risk & Financial Advisory, and Human Resource Management
More Details  Click Here 

IIM Amritsar MBA Placements 2023: Top Recruiters

Some of the major recruiters who made a large number of lucrative offers and high salary packages includes Adani, Adobe, Amazon, Arcesium, Accenture, ArcelorMittal, BMW, Cipla, Cognizant, CRISIL, Deloitte, EY, Blackrock, DS Group, Emami, Essar, EXL Services, Godrej & Boyce, House of TATAs, Kotak Mahindra Bank, KPMG, Kore.ai, McKinsey, Mercedes- Benz, Nippon Steel, Reliance Retail, Tiger Analytics, Times Group, TVS Motors, ZS Associates

IIM Amritsar MBA Placements 2023: New Recruiters

The placements season witnessed the participation of several reputed first-time recruiters, including ArcelorMittal Nippon Steel, Blackrock, DS Group, Emami, Essar, EXL Services, Godrej & Boyce, Kore.ai, McKinsey, Mercedes- Benz, Reliance Retail, Times Group, and TVS Motors, among others.

IIM Amritsar MBA Placements 2023: Top Sectors 

Several organizations participated in IIM Amritsar campus placements 2023 from multiple sectors like Aerospace, Analytics, Automobile, BFSI, FMCG/FMCD, Consulting, IT, Logistics, Oil & Gas, Retail and many more. 

These prominent organizations hired MBA students for multiple roles in Product Management, Consulting, Brand Management, Data Analytics, Digital Marketing, Operations, Equity Research, Risk & Financial Advisory, and Human Resource Management.

IIM Amritsar is headed by Dr. Nagarajan Ramamoorthy, who also serves as the management school's director. Under this direction, IIM Amritsar has become a top business school and a sought-after hub for management talent, as demonstrated by the school's consistent year-over-year growth in average CTC and expanding list of reputable recruiters.

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