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IIM Amritsar (IIM-Amritsar)
Overview of IIM Amritsar
Indian Institute of Management Amritsar (IIM Amritsar or IIM-A) was established in 2015 under the Government of India’s initiative to set up new IIMs to cater to the growing demand for management education. Located in Amritsar, Punjab, the institute is dedicated to providing world-class education, research, and training to produce competent leaders who can address the challenges of modern business environments.
Despite being a relatively newer addition to the IIM family, IIM Amritsar has quickly gained recognition for its academic rigor, focus on innovation, leadership development, and its emphasis on ethical and sustainable business practices.
1. Academic Programs at IIM Amritsar
IIM Amritsar offers a range of programs designed to meet the needs of students at various stages of their career.
Post Graduate Programme in Management (PGP)
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Duration: 2 years (Full-time)
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Overview: The Post Graduate Programme in Management (PGP) is the flagship program of IIM Amritsar. It is designed to develop future leaders by imparting comprehensive knowledge of various management disciplines, along with critical thinking, analytical skills, and leadership qualities.
Core Subjects (First Year):
- Managerial Economics
- Organizational Behavior
- Corporate Finance
- Marketing Management
- Operations Management
- Human Resource Management
- Business Communication
- Quantitative Methods for Management
- Business Analytics
Elective Subjects (Second Year):
- Digital Marketing
- Strategic Management
- Business Ethics and Corporate Social Responsibility
- Global Business Environment
- Supply Chain Management
- Financial Derivatives
- Entrepreneurship and Innovation
- Leadership Development
Executive Post Graduate Programme in Management (EPGP)
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Duration: 1 year (Full-time)
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Overview: The Executive Post Graduate Programme in Management (EPGP) is designed for professionals with significant work experience who want to enhance their leadership capabilities and business acumen. The program focuses on global business strategies, leadership development, and advanced management practices.
Key Focus Areas:
- Leadership and Organizational Development
- Corporate Strategy
- Advanced Finance
- Innovation and Entrepreneurship
- Global Marketing
- Data Science and Business Analytics
- Business Ethics
- Operations Strategy
Doctoral Programme in Management (FPM)
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Duration: 4-5 years (Full-time)
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Overview: The Fellow Programme in Management (FPM) at IIM Amritsar is a doctoral-level program designed to prepare students for careers in academia, research, and policy-making. The program focuses on conducting high-quality research in various domains of management.
Specializations Offered:
- Finance and Accounting
- Marketing
- Operations Management
- Human Resource Management
- Strategy
- Entrepreneurship
- Economics
- Organizational Behavior
2. Campus Details of IIM Amritsar
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Location:
- IIM Amritsar is located in Amritsar, Punjab, a historically rich and vibrant city famous for the Golden Temple. The city offers a unique cultural and academic environment conducive to learning. The campus is well connected by road and rail and is located around 14 km from the Amritsar Railway Station.
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Infrastructure:
- Classrooms: The classrooms at IIM Amritsar are equipped with modern teaching aids such as smartboards, projectors, and high-speed internet to facilitate an engaging learning experience.
- Library: The institute boasts a well-stocked library that provides access to a wide range of books, journals, research papers, and digital resources for academic learning and research.
- Hostels: IIM Amritsar provides on-campus hostel facilities for both male and female students, offering a comfortable stay with necessary amenities like Wi-Fi, recreation areas, and mess facilities.
- Sports and Recreation: The campus has sports facilities for various games like basketball, cricket, volleyball, and a gym for fitness. There are also spaces for cultural and recreational activities.
- Cafeteria: The cafeteria offers nutritious food options catering to diverse tastes and dietary preferences.
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Student Life:
- Students at IIM Amritsar engage in a variety of extracurricular activities, including clubs, events, and leadership development programs. These activities complement academic learning and contribute to holistic personal development.
Major Events:
- Pragati: The annual management and cultural festival organized by the students, which includes competitions, workshops, and cultural performances.
- Alumni Meet: Regular events where alumni return to campus to interact with current students, share experiences, and provide career insights.
- Sports and Cultural Activities: The campus hosts various sports tournaments, cultural performances, and other activities that help students build teamwork, leadership, and organizational skills.
3. Placement Information at IIM Amritsar
IIM Amritsar has made significant strides in placement activities, attracting top companies from various sectors. The Career Development and Placement Cell at IIM Amritsar focuses on providing students with opportunities that align with their career aspirations.
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Placement Process:
- Final Placements: The final placements take place at the end of the second year of the PGP program. Companies visit the campus for pre-placement talks and recruitment processes that typically include interviews, group discussions, and case studies.
- Summer Placements: During the first year, students are required to complete a summer internship with leading firms. The summer internships often pave the way for full-time job offers post-graduation.
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Top Recruiters:
- Consulting: Deloitte, EY, Accenture, KPMG, PwC, etc.
- Finance: ICICI Bank, HDFC Bank, JP Morgan, Goldman Sachs, Citi, etc.
- Technology: Amazon, Microsoft, IBM, Infosys, TCS, etc.
- FMCG: ITC, Hindustan Unilever, Nestlé, Procter & Gamble, etc.
- Manufacturing: Tata Motors, Mahindra & Mahindra, Larsen & Toubro, etc.
- Startups: Byju’s, Swiggy, Zomato, Ola, etc.
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Salary Statistics:
- Average Salary: The average salary for PGP graduates from IIM Amritsar is around INR 12-14 lakh per annum.
- Top Salary: Top performers in the batch can secure packages upwards of INR 20 lakh per annum, especially in sectors like consulting and finance.
- Placement Rate: The placement rate at IIM Amritsar is consistently high, with 100% placement records in recent years.
4. Eligibility for IIM Amritsar Programs
Eligibility for PGP (Post Graduate Programme in Management):
- Educational Qualification: A bachelor’s degree with at least 50% marks (45% for SC/ST/PWD candidates).
- Entrance Exam: Admission to the PGP program is through the CAT (Common Admission Test). Shortlisted candidates are invited for Personal Interviews (PI) and Written Ability Tests (WAT).
Eligibility for Executive Post Graduate Programme in Management (EPGP):
- Work Experience: A minimum of 5 years of professional work experience is required.
- Educational Qualification: A bachelor’s degree or equivalent in any discipline.
- Entrance Exam: Candidates must have a valid GMAT or GRE score. Admission is also based on the candidate’s academic record, work experience, and test scores.
Eligibility for FPM (Fellow Programme in Management):
- Educational Qualification: A master’s degree or equivalent with at least 60% marks, or a 4-year bachelor’s degree with at least 60% marks.
- Entrance Exam: Candidates are required to have a valid GMAT, GRE, or CAT score (depending on the program). Shortlisted candidates will be invited for personal interviews.
5. Fee Structure (Approximate)
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PGP (Post Graduate Programme in Management):
- The total fees for the 2-year PGP program are approximately INR 12-14 lakh, including tuition fees, hostel charges, and other administrative fees.
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EPGP (Executive Post Graduate Programme in Management):
- The fees for the 1-year Executive Programme are approximately INR 18-20 lakh.
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FPM (Fellow Programme in Management):
- FPM students generally receive stipends to cover living expenses, and tuition fees are usually waived.
IIM Amritsar, established in 2015, has quickly emerged as a prominent management institution in India. The institute offers a comprehensive range of academic programs with a focus on leadership, innovation, and entrepreneurship. Its modern infrastructure, strong industry linkages, and excellent placement records make it an attractive destination for aspiring business leaders. IIM Amritsar’s commitment to academic excellence and holistic development ensures its growing reputation in the Indian and global management education landscape.
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