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Highest Stipend of INR 1.3 lac in summer placements for maiden batch at IIM Amritsar.

The Indian Institute of Management Amritsar (IIM Amritsar) has wrapped up its summer placements for the 1st batch of 2015-17. For the maiden batch of 45 students, the average stipend has been INR 32.5 k and highest stipend of INR 1.3 Lacs. KPMG, Pidilite, Airtel, RBI, Canara Bank, Yes Bank, Ernst & Young, Ogilvy & Mather, Goibibo, DishTV, Cipla, OYO Rooms, Jasper Industries, DHFL Pramerica, Mahindra & Mahindra, Think & Learn (Byju Classes), Technosoft, Ambit Holdings, Franke Faber were some of the companies from the list of 32 which had come to the campus.

IIM Amritsar is the 15th Indian Institute of Management being set up by the Ministry of Human Resources Development with the support of Government of Punjab, under the mentorship of IIM Kozhikode, the 5th oldest IIM in the country. The admissions for the 2016-18 batch is on and the CAT cut off has been 95.6 percentile.

IIM Amritsar presently do not have and campus of it’s own just like many other new IIMs and its operations and activities takes place in the transit campus located inside the Punjab Institute of Technology, Government Polytechnic Compound. Site for the new campus has been provided and the campus is proposed to come up near Manawala on Amritsar-Jalandhar GT Road in 60 acres of flatland.

How long it takes IIM Amritsar to come up with the new campus would be interesting to see as IIM Ranchi, IIM Udaipur, IIM Kashipur & IIM Rohtak all are yet to have their own campus despite their 5th batch passing out.


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