IIM Amritsar recorded 100% hiring at the summer placements 2017. Ernst & Young has emerged as the top recruiter at the institute. Other prominent firms that hired from the institute were ICICI Lombard, Shopclues, Maruti Suzuki, Toyota, EXIM Bank, SBI, Adani, PayU, DHFL Pramerica, IFFCO, RBI, Tega, Canara Bank and Choco-Swiss.
This was IIM Amritsar’s largest batch since the college started functioning in 2015. Summer placements were conducted for the PGP class of 2016-18 for internship opportunities.
IIM Amritsar saw participation from 51 companies this placement season. The institute has also reported an increase of 49.64% in the average stipend offered. Following are the highlights of the packages offered to students:
- Highest stipend offered: Rs. 1.1 lakh
- Average stipend offered Rs. 49,780
The highest packages were offered by firms from the Consulting and Advisory domain. The FMCG sector also hired a good number of students. Other sectors that hired students were Sales and Marketing, Finance, Operations and Data Analytics.
The 2016-18 batch of IIM Amritsar comprises 104 students and has recorded a male to female ratio of 91:14 during this placement season. Majority of the students who bagged internship offers this placement season were freshers.
Director (In-charge) of IIM Amritsar and Director of IIM Kozhikode, Prof. Kulbhushan Balooni shared the growth statistics of the institute and said that the institute has showed potential growth with it record summer placements. He also added that increasing the batch size has also helped the institute to increase competitiveness amongst students.