Amritsar: Despite the copious challenges and vicissitudes posed by the changing landscape of the job market and education in 2020, IIM Amritsar clinched a befitting conclusion to the academic year 2020-21 by achieving 100% final placements for its MBA05 batch. The Institute celebrates 100% final placements during these difficult times as we understand how placements not only brings joy and prosperity to the families of our students but also to their companies, communities and the country. 100 percent placements for our students is also a testament to the continued faith reposed by the recruiters in our students.
Notwithstanding the challenges posed by the pandemic, the Institute ensured relevant placements for the fifth MBA batch which has the largest number of students among the third generation IIMs. “Since international recruiters didn’t participate in the placement process this year, the highest annual package of INR18.66 LPA was received from a domestic firm,” reported the Placement Committee of IIM Amritsar. The Committee also shared, “The average package for the top quartile of the batch was INR15.94 LPA and the overall average CTC stood at INR12.68 LPA.”
For the placement season this year, the institute witnessed a well-balanced amalgamation of offers encompassing various domains ranging from Marketing, Sales, Finance, Analytics, HR to some noteworthy offers in the Operations domain. Strategy, Advisory & Consulting roles were also offered to the students from two of the Big Four accounting firms, viz., Deloitte and Ernst & Young.
IIM Amritsar strongly believes that we could tide over the challenges posed by the pandemic only by firmly holding on to our past associations and by warmly joining hands with new firms. Therefore, while reputable firms viz ICICI Lombard, Anand Rathi, Accenture, Cipla, Polycab, Xiaomi, Infosys, Amazon, Tech Mahindra, Mu Sigma, Grant Thornton, and the likes returned for recruitment, affirming the quality of the students of the institute. The new marquee recruiters like Gartner, Capital Foods, HCL, etc., visited the campus for the first time during this placement season.
The students of the MBA 19-21 batch will be convocated online on 29 May.