We are thrilled to announce the successful completion of the Summer Placement for the MBA 2023-2025 batch at the Indian Institute of Management Amritsar. This year marked a significant milestone with the participation of our largest-ever batch of 320 students, all of whom secured placements. This year, we saw the participation of 130+ companies, with more than 40 new companies participating in the process for the first time, reflecting the growing interest and engagement of industry partners with our institution. Additionally, there has been a 7% increase in the top quartile stipend for the summer internship, with a maximum stipend of ₹200,000, contributing to an enriched learning experience for our students.
Among the major recruiters that participated this year are Adani Group, American Express, Anand Rathi Wealth Limited, Arcesium, Bausch + Lomb, Country Delight, CRISIL Limited, Dabur India Limited, Essar Power, EY, GAIL (India) Limited, ICICI Bank, ICICI Lombard, Indraprastha Gas Limited, Infosys, Jio Creative Labs, Kotak Mahindra Bank, L&TConstruction, Mother Dairy Fruit & Vegetable Pvt. Ltd., NSE India, Reserve Bank of India(RBI), Red Bull, Saint-Gobain, Schneider Electric, ServiceNow, Tata Capital, TataChemicals, Tech Mahindra, TVS Motor Company, Union Bank of India, United Colors of Benetton India, Volvo Eicher and Whatfix to mention a few.
We extend our sincere gratitude to our recruitment partners, both longstanding and newcomers, whose support has been instrumental in achieving this remarkable feat amid challenging circumstances due to the recession. Notably, several startups have also participated in the placement process in addition to our legacy recruiters, providing our students with diverse and innovative opportunities to explore their career prospects.
This achievement wouldn't be possible without the exceptional guidance provided by our Director, Prof Nagarajan Ramamoorthy, and the unwavering dedication of our PlacementChairpersons, Dr Ravishankar Kommu and Dr Sakshi Aggarwal, Mr Sanjay Tripathi (GeneralManager - Corporate Relations), along with the steadfast commitment of the Placements'Committee IIM Amritsar.
We congratulate the students of IIM Amritsar for their outstanding dedication and hard work, which has led to this remarkable achievement. Their perseverance in these challenging times is truly commendable, and we are immensely proud of them. We have full confidence in their abilities to continue excelling in all their endeavors.
As the MBA 2023-2025 cohort embarks on their summer internship program, we extend our best wishes for a rewarding learning experience. This industrial exposure will undoubtedly shape their future careers and prepare them to emerge as successful leaders in their respective domains. We look forward to witnessing their continued growth and success.
