Entire First Batch Of IIM Amritsar Placed

There may be pot-holes or hurdles on your way ahead but they stand no threat in front of a strong determination. And this was proved right by IIM Amritsar’s first batch. It earned 100% placement (for all 44 students) which was mentioned in the report submitted by the institute to the Punjab Govt.

IIM Amritsar is one of the 7 IIMs which have been set up by the Indian Govt. in different parts of the country in 2015. The report forwarded to the Secretary, Higher Education of the Punjab government, says – Our quality education has paid off. Big industries acknowledged our pool of talent, posed confidence and trust in them and forwarded them job letters with lucrative offers to serve their organizations. Though it being the first year of final placement it was a huge achievement of which we are all proud about.  It further read, it was in a situation, when corporate were reluctant in reducing their work strength. It was strenuous efforts of IIM Amritsar that made its students taste the fruit of success.

Determination Wins Over Demonetisation

It all began with IIM approaching more than 18,000 companies in a six-month long placement drive because it was reluctant in gifting its students a future they had envisioned. CEOs in India were approached with a request through 18000 mails to visit their campus and test IIM Amritsar’s caliber. More than 30 industry interaction sessions took place in academic session of 2016-17 for an interface with prospective recruiters. Efforts yielded results and 56 companies participated in the placement drive. ARKA, a company based out of Chennai was the largest recruiter, with Ayur Power and ICICI Lombard standing second.

In terms of highest domestic package, ICICI Lombard won the race with a lucrative Rs. 17 lakh per month offer and Rs. 7 lakh per month was the lowest. Though no Punjab based industry was present, it expressed its willingness to recruit the talented lot of IIM Amritsar in the coming year. A highest number of 16 students were placed in Banking, Finance Services and Insurance sectors. Information Technology was the second biggest sector to rope in 8 students.

This success calls for a huge celebration.


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