Course Duration
2 YearsTuition Fees
6.25 Lakhs1 Year Fees
8.65 LakhsTotal Fees
17.3 Lakhsyear | Tuition Fees | Other Fees | Total Fees |
---|---|---|---|
year 1 | ₹ 625000 | ₹ 240000 | ₹ 8.65 Lakhs |
year 2 | ₹ 625000 | ₹ 240000 | ₹ 8.65 Lakhs |
Latest Update: IIM Amritsar MBA admission 2024 will start soon after the CAT exam is held and the results are declared. CAT 2023 Admit Card will be released on November 7, 2023, and the exam is scheduled for November 26, 2023.
IIM Amritsar MBA (Master of Business Administration) is a Full-time, 2-year Flagship Residential Program. Candidates with a Bachelor’s Degree and Valid score in CAT are eligible to apply for the Flagship Program.
IIM Amritsar MBA Fees is INR 16 Lakhs. IIM Amritsar MBA CAT Cutoff is 85 Percentile (Overall) and 80 Percentile (Sectional). IIM Amritsar offers MBA Admission on 240 seats.
Table of Content
Event | Dates |
---|---|
CAT Registration Starts | August 02, 2023 |
CAT Registration Ends | September 20, 2023 |
CAT 2023 Admit Card Release | November 07, 2023 |
CAT 2023 Exam Date | November 26, 2023 |
CAT Results | December 21, 2023 (Tentative) |
Stage 1 Shortlist | 1st Week March, 2024 |
Confirmation of Interest | 3rd Week March, 2024 |
Shortlist for PI Round | 4th Week March, 2024 |
Call Letters for PI Process | 1st Week April, 2024 |
Final Admission Offer | May 8, 2024 |
Session Commencement | June/July, 2024 |
IIM Amritsar MBA Admission Process is conducted into 2 stages, they are as follows:
Stage 1: Pre Personal Interview (PI) Process
Candidates are Shortlisted for the Personal Interview (PI) process based on their Aggregate Index Score (AIS).
Weightage for AIS is as follows:
Components | Weightage |
---|---|
CAT 2023 Score | 60 |
Class Xth Score | 10 |
Class XIIth Score | 5 |
Gender Diversity | 10 |
Work Experience | 15 |
Minimum Percentile Scores applicable to CAT 2023 for the MBA batch:
Category | Overall Percentile | Quantitative Aptitude (QA) | Data Interpretation & Logical Reasoning | Verbal & Reading Comprehension |
---|---|---|---|---|
General | 85 | 80 | 75 | 75 |
EWS | 85 | 80 | 75 | 75 |
NC - OBC | 75 | 65 | 60 | 60 |
SC | 55 | 55 | 50 | 50 |
ST | 40 | 35 | 35 | 35 |
PwD | 40 | 35 | 35 | 35 |
Stage 2: Personal Interview (PI)
Shortlisted Candidates are required to appear for PI Process for Final Selection. Final Merit List is prepared based on CAT Scores, Performance in PI, Work Experience, Gender & Academic Diversity.
Weightage for Final Merit List is as follows:
Components | Weightage |
---|---|
Personal Interview | 70 |
Work Experience | 10 |
Gender Diversity | 10 |
Academic Diversity | 10 |
IIM Amritsar MBA Admission Form can be filled online on the official website. To fill the application form for MBA, check the steps below:
Documents Required:
Particulars | 2023 |
---|---|
Number of Recruiters | 120+ |
Average CTC | INR 16.51 LPA |
Median CTC | INR 16 LPA |
Check IIM Amritsar Placements
Institute Name | IIM Amritsar | IIM Visakhapatnam | IIM Sirmaur |
---|---|---|---|
Fees | INR 16,00,000 | INR 17,85,250 | INR 16,00,000 |
Highest CTC | INR 36.25 LPA | INR 32.65 LPA | INR 64.12 LPA |
Average CTC | INR 16.51 LPA | INR 16.61 LPA | INR 14.45 LPA |
NIRF Ranking | 51 | 29 | 98 |
Ques. Are there any Changes introduced in IIM Amritsar Admission Criteria 2023?
Ans. IIM Amritsar has introduced some Key Changes in IIM Amritsar Admission shortlist Criteria 2023. Firstly, The CAT Cut off has been reduced to 85 percentile and CAT score weight for PI shortlist goes up to 60%. No GD-WAT in final Selection process, Only PI round will be conducted.
Ques. What is the number of candidates shortlisted for MBA PI at IIM Amritsar?
Ans. IIM Amritsar calls the shortlisted candidates for the PI round based on a composite score of CAT, academic profile, gender diversity and work experience. IIM Amritsar shortlisted 2500 candidates for MBA Admission.
Ques. Does the intake differ for IIM Amritsar MBA and MBA HR programs?
Ans. Yes, the admission process and intake strength are separate for MBA and MBA HR programs at IIM Amritsar. IIM Amritsar has 40 seats in particular for the MBA HR program and 240 seats for MBA program.
Ques. What is the difference between an MBA course and MBA HR course?
Ans. For the 2023-2025 batch, CAT score weightage remains at 50% for MBA HR pre PI process unlike MBA that has increased by 10%. However, the CAT 2022 cut-off remains the same for courses. The admission process also remains the same for MBA and MBA HR. Also, the first year foundation core courses also remain the same for both. In the second year, MBA HR students have constructed HR elective courses that are compulsory in nature. MBA students will have options to choose specialization as per interest.
Ques. What are major changes in IIM Amritsar 2023 admission process?
Ans. For the 2023-2025 MBA batch, there will be no WAT or GD after the shortlisting process. Candidates will be judged based on PI performance. Candidates will be informed of the mode of PI and exact dates within due time through register email ID. Lastly, IIM Amritsar has increased CAT weightage 60% from 40% for the pre PI process. On the other hand, the Academic diversity point has dropped to 10% from 15%.
Ques. Is a summer internship included in IIM Amritsar MBA program ?
Ans. Yes, the summer internship is a must for an MBA student of IIM Amritsar after the first year of the program. The duration of the internship is 8-10 weeks.
Total Fees
₹ 1,730,000Total Fees
₹ 1,730,000Total Fees
₹ 1,730,000Highest Placement | ₹ 36.3 Lakhs |
Average Placement | ₹ 16.5 Lakhs |
Top Companies |
Yes, IIM Amritsar is worth joining. It has the best placement record among the baby IIMs. During 2022 campus drive, IIM Amritsar placements had an average CTC of INR 14.63 LPA.
Amritsar is well-connected to all parts of India through railways and airlines. The locational advantage plays a crucial role in the development of the institute.
IIM Amritsar has a good faculty base. Most of the faculty members are alumni of reputed B-Schools in India like MDI, FMS, IIFT, etc.
The student crowd is diverse. You will meet students from IIT, NIT, Sate Govt. colleges, central university, etc. The peer learning opportunities are endless.
My brother has offers from Bodhgaya as well as Amritsar but chose the former for a number of reasons. Some of these reasons have been listed below
IIM Bodh Gaya is a perfect blend of academic rigor, and opportunities for growth and extracurricular activities and thus should be preferred over IIM Amritsar. As far as IIT Roorkee is concerned, MBA is best done from a Business School as the environment is an important factor that is lacking in the case of an engineering college like IIT Roorkee.
You should choose IMT Ghaziabad Marketing. The institute has quite a reputation for their marketing branch. TMT G has an excellent faculty base for Marketing. The strategic location near Delhi NCR and the well-developed alumni network in the marketing sectors are some of the other reasons that make IMT Ghaziabad a better option.
During IMT Ghaziabad placements 2022, around 40% of the students got placed in the marketing sector. The average CTC received by the students of this specialization is INR 11 LPA.
It depends on your profile. If you are a general category student with good academic records - more than 85 percent throughout 10th, 12th, and graduation, then old IIMs will be better.
If you aren’t getting the old IIMs, you can consider new IIMs like IIM Nagpur, Sambalpur, Vizag, Amritsar, Sirmaur, and Bodhgaya. Being part of any recently established institute is a different experience altogether. You will get to set the culture on campus which your juniors will inherit. These baby IIMs have decent placements. You will get placement opportunities through campus drive if you have a good academic record. Here are the average CTC statistics for these IIMs.
Institute | Average CTC |
IIM Nagpur | INR 15.21 LPA |
IIM Vizag | INR 15.06 LPA |
IIM Amritsar | INR 14.63 LPA |
IIM Sirmaur | INR 12.74 LPA |
IIM Bodhgaya | INR 12.36 LPA |
IIM Sambalpur | INR 12.64 LPA |
If you are willing to work hard and want to take advantage of opportunities that come with newly established institutes, then you should join these new IIMs.
Currently, IMI Delhi is better than IIM Amritsar. It has a brilliant faculty base, experienced visiting industry mentors, better placements, and exposure. IMI Delhi placements are excellent. The 2022 placement drive concluded with an average CTC of INR 15.23 LPA. While the highest CTC was INR 32 LPA.
IIM Amritsar is a new IIM. Except for the IIM tag, you won’t get any advantages a well-established B-School offers.
IIM Amritsar offers an enviable campus life.
Amritsar as a city is great. There are many places near the city as well as inside the city. Overall, you will enjoy being a part of IIM Amritsar.
It is possible to achieve a high percentile in the CAT exam, such as 99+, and still not receive an invitation from any Indian Institutes of Management (IIMs). This is because a high percentile alone is not always sufficient for guaranteed acceptance.
It is important to note that IIMs take into consideration a candidate's overall academic performance since the 10th standard and not just their CAT percentile. Additionally, candidates must also clear the Written Ability Test (WAT) and Personal Interview (PI) rounds. Furthermore, candidates from an engineering background may have a slight disadvantage in terms of points.
Some IIMs also place a significant emphasis on work experience.
Category | Quantitative Aptitude(Percentile) | Data Interpretation & Logical Reasoning(Percentile) | Verbal & Reading Comprehension(Percentile) | Total(Overall Percentile) |
Section-1 | Section-2 | Section-3 | ||
General | 80 | 75 | 75 | 85 |
EWS | 80 | 75 | 75 | 85 |
Non-Creamy Other Backward Classes (NC-OBC) | 65 | 60 | 60 | 75 |
Scheduled Castes (SC) | 55 | 50 | 50 | 55 |
Scheduled Tribes (ST) | 35 | 35 | 35 | 40 |
Persons with Disabilities (PwD) | 35 | 35 | 35 | 40 |
It is highly recommended to visit the official websites of the IIMs you are interested in for detailed information on the selection criteria and to keep yourself updated. You can also connect with current students via LinkedIn to gather more information. It's important to note that selection criteria can slightly change every year.
Based on your academic performance, you have the potential to be admitted to the top 30 colleges for MBA programs. It is recommended to focus on preparing for and achieving the best percentile possible in exams such as CAT and other relevant exams. It is unclear who has provided you with the options previously mentioned, but it is important to consider other options that may be more suitable for you.
Some of the options that you have a chance to receive an invitation from and potentially convert into an acceptance include the following:
It is always important to make informed decisions by researching and discussing your options before making a final decision.
It is recommended not to join any of the 2 mentioned colleges, neither DoMS, IIT Madras nor IIM Amritsar, as the placements at newer Indian Institutes of Management (IIMs) are not yet on par with top colleges. Placements at newer IIMs are still evolving and it may take at least a decade for them to stabilize and for the demand for MBA degrees to increase in the long run.
It is important to note that Indian Institutes of Technology (IITs) are not generally considered to be top colleges for MBA programs, although IIT KGP and IIT Bombay have made a name for themselves. These institutions are primarily known for their strong focus on technology. If you are considering top MBA programs, IIT Madras is a good option due to its brand recall.
The institution has the potential to attract top tech companies to offer MBA roles as well. Older IITs have a well-established reputation which newer institutes may not yet have. It took almost 3 decades for IIM Lucknow to reach its current level of prestige, and that was without the level of competition that newer IIMs face in attracting the best companies and roles on campus.
When considering which postgraduate management program to pursue, there are several factors to consider. One such factor is the duration of the program. Great Lakes Institute of Management, Chennai (GL) offers a One-year PGPM program, while the Indian Institute of Management (IIM) Amritsar has a 2-year PGPM program. If you are looking to re-enter the job market sooner, Great Lakes may be a better option for you.
Another factor to consider is the alumni base of the institution. Great Lakes has a larger alumni base than IIM Amritsar, which may provide more networking opportunities. Additionally, Great Lakes offers a unique Karma-Yoga program where students learn leadership skills while giving back to society by helping the surrounding villages.
It's worth noting that IIM Amritsar is a relatively new institution, established only around 7 years ago. While it has the coveted IIM tag, it may not have the same level of prestige or reputation as older IIMs. However, if the IIM tag is important to you, and you are willing to work harder than your peers and give your best in those 2 years, IIM Amritsar may be a good option for you.
Ultimately, the decision of which program to attend will depend on your personal priorities and what you want to gain from the program. It's important to do your own research and weigh the pros and cons of each institution before making a final decision.