Indian Institute of Management Amritsar is elated to announce the successful completion of the final placements for the MBA, MBA – Business Analytics and MBA – HRM programs for the 2022-2024 batch.
Under the exceptional leadership of our esteemed director, Dr. Nagarajan Ramamoorthy, our students have triumphed in a landscape shadowed by economic turbulence and market unpredictability. We have once again set new benchmarks by achieving a 100% placement record for our largest outgoing batch, placing students across a multitude of roles in Finance, Marketing, Consulting, General Management, Analytics, and HR. This includes 39 PPOs, 2 PPIs, and 4 international offers. The highest annual CTC stood at Rs.58.52 lakhs, and the median CTC was at Rs.15.00 lakhs. For the top quartile, the average CTC was Rs.19.73 lakhs, with a median of Rs.18.01 lakhs.
Prof. Nagarajan Ramamoorthy, Director, expressed his gratitude to the companies for their continued support of the institute and said, “This year has been the most difficult year for IIMs/IITs to place the students due to a variety of reasons such as elections, market unpredictability, Ukraine and Gaza wars, and the general economic slowdown in leading economies. Although India has weathered the difficulties and maintained an excellent growth rate, the interdependent nature of the world economy has had its own effect. Yet, we are proud to sustain the placement momentum until now.”
Placement Chairperson, Prof. Sakshi Aggarwal, said that this year we sailed through with more job offers than the previous year and a greater variety of job roles offered. This is a testament to the superiority of our educational offerings, the brilliance and spiritedness of our students, and the relentless support of our recruiters. Prof. Sujit R. Jagadale (Placement Chairperson) feels that IIM Amritsar is strategically situated in the sacred city of Amritsar, which is nationally and internationally well-connected. Our students embody the spirit of this land, characterized by enthusiasm and resilience. Our placement records underscore our students’ significant contributions to the nation’s growth story, a commitment we pledge to uphold.
Over 240 companies participated in the placement season with participation from our legacy recruiters like Landmark Group, TASC, Accenture, Adani Group, Tatas, Reliance Group, Amazon, Arcesium, EXL, GMR Group, ICICI Bank, Kotak Mahindra Bank, MPhasis, and Schneider Electric, among others. The institute also hosted several other prestigious new recruiters like Egniol Group, DS Group, BharatForge, DOLAT Capital, DawaaDost, EValueserve, Prime Focus Technologies, and Unacademy, among others. The institute extends its heartfelt gratitude to all our recruiting partners for making this year's final placements a remarkable success.
Our sincere thanks go to Placements Chairpersons, Prof. Sakshi Aggarwal and Prof. Sujit R Jagadale, along with Mr. Sanjay Tripathi (GM- Corporate Relations), and the Placements Committee of IIM Amritsar for their unwavering effort, dedication, and hard work in making this placement season truly memorable.
Congratulations to all the students of the Batch of 2024 for their diligence and perseverance. IIM Amritsar wishes them the best in their future endeavours.
