IIM Amritsar is the 15th Indian Institute of Management to be set up in India. It is being assisted and mentored by IIM Kozhikode, the 5th oldest IIM which is one of the best management institutes in the country.
The institute aims to provide good quality management education to students for meeting requirements of enterprises across sectors by churning out highly skilled management professionals.
IIM Amritsar was inaugurated on 6 August, 2015 by Punjab Minister for Higher Education and Languages, Surjit Singh Rakhra who welcomed the first batch of 44 students at the Guru Nanak Dev University's (GNDU) auditorium. This is the second IIM to be inaugurated from the 6 new IIMs that have been announced recently.
Also read: List of IIMs in India
IIM Amritsar would begin activities and operations temporarily in a campus located inside the Punjab Institute of Technology, Government Polytechnic Compound (near GNDU campus) till its own infrastructure as well as campus is setup. The facilities comprise of classrooms, recreational space, library, computer, activity rooms and sports facilities. Besides this, separate hostel facilities are available for boys and girls.
The site for the permanent campus has been given by Punjab government and confirmed by the site-selection committee set up by the Ministry of HRD, Government of India. IIM Amritsar's permanent campus would come up near Manawala on Amritsar-Jalandhar GT Road in 60 acres of flatland and is expected to start functioning within 3 years.
The institute offers the Post Graduate Program in Management (PGP) with electives in Finance, Control and Accounts; Information Technology and Systems; Organisational Behaviour and HR; Strategic Management; Marketing Management; Humanities and Liberal Arts in Management; Economics and Quantitative Methods and Operations Management.
Students opting to study at IIM Amritsar for first few years would be taught by the highly accomplished IIM Kozhikode faculty.
The tuition fees for IIM Amritsar is Rs. 9 lakhs for two years. Most of the leading banks offer educational loans at concessional terms as per Govt. of India guidelines for all IIMs including IIM Amritsar.
Admission Criteria & Process
The eligibility criteria for candidates to get admission to PGP is through the internationally acclaimed Common Admission Test (CAT) followed by group discussion/ writing ability test (GD/WAT) and personal interview (PI). Candidates would have to ensure that they opted for IIM Punjab while applying for CAT 2016 and undergo the PI process of IIM Udaipur/ IIM Kozhikode before being eligible for admission to IIM Amritsar.
While the minimal percentile requirements for general candidates is 96.3, candidates in the NC-OBC, SC, ST and Dalit are eligible for admission consideration if they score between 50-80 percentile in CAT 2016.
|QA & DI||80||50.4||41.42||61.43||41.42|
|VA & LR||80||50.4||40.8||61.43||42.21|
Those candidates who meet the above two criteria shall be informed by the school through an email along with a link which must be clicked by a stipulated date. Phase 2 of the admission process would involve in looking at marks in 10th and 12th of the candidate's examination as well as work experience if any. Hence, the selection process would consider your work experience, CAT 2016 score, 10th and 12th marks for the final confirmation.
IIM Amritsar is one of the newly formed IIMs in the country. This year its first batch of 44 students got placed in various companies through campus placement. IIM Amritsar now holds a 100% placement record for its first batch of students itself (a good start).
The campus placement drive took place last week which saw over 60 companies participating in it. The average salary offered to IIM Amritsar graduates is Rs. 10 lakh per annum this year and the highest salary offered is Rs. 17 lakh per annum.
The major companies that participated in the placement drive were,
- ICICI Lombard
- Group M
- Emami Agrotech
- Motilal Oswal
- Dish TV
The maximum offers were in the Marketing sector with 44% offers made in this sector, followed by Consulting with 25% and Finance with 7%.
Indian Institute of Management,
Punjab Institute of Technology Building,
Inside Government Polytechnic Campus,
Telephone: 183- 2254538, +917589401323