IIM Amritsar is a newly established IIM and is not yet in the league of the IIM family. Despite that, its placement statistics are better than at Nirma University. IIM Amritsar is the 15th Indian Institute of Management being set up by the Ministry of Human Resources Development with the support of the Government of Punjab. IIM Amritsar has a small batch size in comparison to Nirma University. The programs offered at both the B Schools are different.