IIM Amritsar Held its First Annual Convocation
Indian Institute of Management Amritsar (IIM Amritsar) held its first annual convocation on Sunday, 23 April, 2017. 44 students of the 2015-17 batch received their Post Graduate Diplomas for the Post Graduate Program (PGP) during the convocation ceremony held at Punjab Institute of Technology, at the Government Polytechnic compound from where IIM Amritsar is currently operating. Under the mentorship of IIM Kozhikode, Ministry of Human Resource and Development (MHRD) set up IIM Amritsar as the 15th IIM in the country.
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Prof. Bibek Debroy,Member, NITI Aayog, the chief guest, in his convocation address, congratulated the graduating class of 2017 and emphasized the importance of entrepreneurship for the youth of India. Prof. Kulbhushan Balooni, Director-in-Charge, IIMK and Mentor Director, IIM Amritsar while addressing, presented the report of the huge progress the Institute has made during the last two years.
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Recently, the summer placement was held for the batch 2016-2018 of Post Graduate Program in Management, which is the second batch of the institute. Ernst and Young was the top recruiter followed by ICICI Lombard, Maruti Suzuki, Shopclues, Toyota, SBI, EXIM Bank, Adani, DHFL Pramerica, PayU, IFFCO, Tega, RBI, Canara Bank and Choco-Swiss. 51 companies had participated in the IIM Amritsar summer placement. The highest stipend offered is INR 1.1 lakh and the average stipend offered is INR 49780 thus marking an increase in 49.64% in the average stipend on a year-over-year basis. Among all those who bagged lucrative internship offers through IIM Amritsar summer placement 2016-2018, majority were freshers.
The batch intake was increased from 49 to 105 this year, which is the second year of inception.IIM Amritsar has organized three Management conclaves – “Asquare”, “Yukti” and “Sankshetra” till date. Industry leaders from the business world like Godrej, Polaris, Deutsche Bank, Holiday IQ, KPMG, Leo Burnett, Accenture, Philips etc. have attended these management conclaves. IIM Amritsar Gold medals for scholastic performance were awarded to Ms. Himshikha of the PGP batch. The Gold Medal for all round performance was awarded to Mr. Darshan Sharma