INDIAN INSTITUTE OF MANAGEMENT OF AMRITSAR (IIM AMRITSAR)
The Government of Punjab assisted in the establishment of the 15th Indian Institute of Management (IIM), which is located in Amritsar. The institution was officially established when the IIM Amritsar Society was registered on July 27, 2015, followed by the formation of the IIM Amritsar Board of Governance & Society on October 14, 2015. The first batch of students for the Post Graduate Program in Management (PGPM) was admitted in August 2015.
IIM Amritsar benefits from its location in Amritsar, a city famous for the Golden Temple and the Wagah Border. The current campus operates from the Punjab Institute of Technology, situated approximately 10 km from the airport and 5 km from the railway station.
Key Highlights of IIM Amritsar
- Year of Establishment: 2015
- Campus Size: 60 acres
- Student Intake: 320
- MBA Fees: INR 16,00,000
- NIRF Ranking 2023: 51
- Number of Courses: 34
- Total Faculty: 35
- Scholarship Availability: Merit-based scholarships for a limited number of students
- Average Package (2023): INR 16.51 LPA
- Top Recruiters: Accenture, Amazon, Cipla, Deloitte, Adani, BMW, Cognizant
Programs Offered
IIM Amritsar offers a variety of management programs that cater to different educational needs:
| Program | Tuition Fees |
|---|---|
| MBA | INR 13,00,000 |
| MBA (HR) | INR 16,00,000 |
| MBA (Business Analytics – BA) | INR 16,00,000 |
| Executive MBA | INR 15,00,000 |
| Doctoral Program | N/A |
| Integrated B.Tech-MBA Program | N/A |
| M.Sc. in Data Science & Management | INR 14,00,000 |
Placements Overview
IIM Amritsar is one of India’s leading management institutes and is committed to transforming management education in the country. The institution has a mission to become a top-tier business school by fostering an environment that encourages students to excel both academically and personally. The placement process at IIM Amritsar reflects the institute’s high standards, where industry experts and interactive learning methods prepare students for the workforce.
Placement Highlights (2022 vs. 2023)
| Particulars | 2022 | 2023 |
|---|---|---|
| Highest Package | INR 25.21 LPA | INR 36.25 LPA (International) |
| Average Package | INR 14.63 LPA | INR 16.51 LPA |
| Median Package | INR 13.54 LPA | INR 16 LPA |
| Top 25% Average Package | INR 18.54 LPA | INR 20.57 LPA |
| Top 50% Average Package | N/A | INR 19.54 LPA |
| Number of PPOs | 23 | 25 |
| Number of Companies Participated | 110+ | 120+ |
| Total Students Placed | N/A | 257 |
| Popular Recruiters | Accenture, Schneider | Adobe, Amazon, DS Group |
Admission Criteria for 2023
The admission process for IIM Amritsar’s MBA program consists of two main stages: shortlisting candidates for the Personal Interview (PI) and the final selection of candidates based on various factors.
Eligibility: Candidates are shortlisted based on CAT 2022 performance. Applicants must have a minimum sectional and overall percentile to be considered for further rounds.
Selection Process: After the initial shortlisting, candidates are evaluated based on a composite score considering several factors:
- CAT Score: 60%
- 10th Board Marks: 10%
- 12th Board Marks: 5%
- Gender Diversity: 10%
- Work Experience: 15%
Admission Cut-off Scores:
| Category | Overall Percentile | QA | VARC | DILR |
|---|---|---|---|---|
| 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 |
The admissions committee reviews applications based on a combination of CAT scores, academic records, and work experience. Candidates are encouraged to provide accurate information, as discrepancies may result in disqualification.
Scholarship Details
IIM Amritsar offers a limited number of scholarships to deserving students based on academic excellence and diversity (including gender and economic background). These scholarships are awarded during the first year and may be renewed based on the student’s performance in the program.
- Eligibility: Scholarships are based on prior academic records, performance in the MBA admissions process, and diversity.
- Conditions: For continued scholarship in the second year, students must maintain a cumulative grade point average (CGPA) of 2.96 or higher.
Scholarship winners will receive notification along with their admission offer letter.
