The Indian Institute of Management (IIM) Amritsar is offering a remarkable opportunity for young individuals eager to pursue leadership roles in the global business world through its world-class educational experience. The newly launched Integrated Program in Management (IPM) is a comprehensive 5-year course designed to culminate in an MBA (Master of Business Administration) degree. For those who wish to explore other avenues, there is also the option to exit the program after three years with a BSQFE (Bachelor of Science in Quantitative Finance and Economics) degree, providing students with a versatile and robust foundation in management, finance, and economics.
Why IIM Amritsar’s IPMAT Program Stands Out Among Other IIMs
IIM Amritsar’s newly launched IPMAT program has taken candidates by surprise with its unique blend of academic rigor and practical exposure. The program’s focus on quantitative techniques, holistic management education, and world-class faculty has set it apart, leaving aspiring students impressed by its comprehensive approach. With strong industry ties and a clear pathway to leadership roles, it has quickly become a top choice for ambitious future leaders.
Unique Focus on Quantitative Finance and Economics
IIM Amritsar’s IPM program distinguishes itself from other IIMs by offering a specialized emphasis on quantitative finance and economics. The IPM program at IIM Amritsar emphasizes the application of advanced quantitative techniques, equipping students with essential skills in finance and economics. This analytical approach enables students to solve complex business problems and make data-driven decisions, a crucial asset for future leaders in these fields. This focus equips students with a solid foundation in mathematics, alongside a distinctive dual degree—B.Sc in Quantitative Finance and Economics paired with an MBA. This tailored approach makes it perfect for those aspiring to careers in finance and related sectors. Unlike traditional IPM programs, which have a broader management scope, IIM Amritsar’s program also offers the flexibility to exit after three years with the undergraduate degree if preferred.
IIM Amritsar’s Consistent Growth in Placement Quality and ROI
IIM Amritsar has shown remarkable growth in both placement quality and numbers, establishing itself as a competitive force in comparison to IIM Bodhgaya and IIM Jammu. Over the years, the institute has consistently improved its return on investment (ROI), making it an attractive option for prospective students. In 2024, IIM Amritsar saw the highest package offered at INR 58.52 LPA, a 61% increase from the previous year, demonstrating a significant improvement in placement outcomes. In comparison, the highest salary offered in 2019-2020 was INR 40 LPA, marking a 90% increase from the previous year. The average stipend also saw growth, with INR 67,375 offered in 2018-2019, a 9.85% rise from the previous year. Placement numbers have also grown steadily, with over 240 recruiters participating in the 2024 placement season, compared to just 55 recruiters in 2018-2019. With a 100% placement record, IIM Amritsar’s trajectory in both quality and quantity of placements showcases its growing stature, making it an increasingly compelling choice for students seeking high ROI and lucrative career prospects.
Strategic Location Advantage for IIM Amritsar’s IPMAT Program
Recent placement data indicates that IIM Amritsar consistently offers better placements than IIM Jammu and IIM Bodh Gaya, with higher average salary packages and a broader range of participating recruiters. This advantage is likely attributed to its strategic location near Punjab’s industrial hub, which provides students with access to a wider array of companies, particularly in manufacturing and related industries.
IIM Amritsar’s location offers significant advantages for students enrolled in the IPMAT program when compared to IIM Ranchi, IIM Indore, IIM Rohtak, and IIM Bodhgaya. Amritsar, a thriving city in northern India, is well-connected to key business hubs and industries, providing students with enhanced opportunities for internships, industry exposure, and networking. The city is home to a dynamic economic environment, with its proximity to major industrial regions and a booming service sector, particularly in fields like finance and retail. Moreover, the city’s infrastructure and accessibility make it an attractive destination for students. While other IIM locations may be more distant from industrial clusters, IIM Amritsar offers a balanced blend of academic excellence, cultural richness, and industry relevance, making it an ideal setting for students seeking to build careers in management and related sectors.
Expertise in Dual Degree Program at IIM Amritsar’s IPMAT
The IIM Amritsar IPM program offers a distinctive dual degree that combines management with a specialization in quantitative finance and economics. Upon successful completion of the first three years, students will progress to the MBA program in the 4th and 5th years. This dual-degree approach allows students to earn both a BSQFE degree and an MBA, significantly enhancing their academic and professional profile. This unique program is ideal for students interested in finance, economics, and mathematics, offering rigorous training in areas such as econometrics, financial modeling, risk analysis, and investment strategies. Alongside this, students gain a comprehensive understanding of business management, equipping them with leadership skills essential for higher roles in various industries. The program is residential and in-person, providing an immersive learning experience. After three years, students have the option to exit with a Bachelor’s degree in Quantitative Finance and Economics (BSQFE), or they can continue for an additional two years to complete their MBA from IIM Amritsar. Additionally, students have the opportunity to gain valuable industry experience through internships, further enhancing their career prospects.
Important Dates for IIM Amritsar IPMAT Program
Course Curriculum
IIM Amritsar IPMAT Admission Process
- Complete your application process by clicking the link below before 12th April 2025.
- Additionally, apply for the IPMAT exam conducted by IIM Indore. For more details, visit www.iimidr.ac.in. The IPMAT consists of questions in logical reasoning, mathematics, and verbal ability in English.
- Candidates should refer to the IPMAT advertisement on the IIM Indore website for registration details for the IPMAT 2025 examination.
- IIM Amritsar will use IPMAT 2025 scores for shortlisting and selecting candidates for its undergraduate Management Program(s). IIM Indore has no involvement in the selection process or the conduct of the program.
- A list of shortlisted candidates will be released based on IPMAT scores and other eligibility criteria.
- Shortlisted candidates will be invited for a personal interview conducted by IIM Amritsar faculty to assess their communication skills and general awareness.
- For further information on eligibility criteria, program fees, admission updates, application deadlines, and shortlists, please refer to the admission policy.
Required Documents
To complete the admission process, scanned copies of the following documents will be needed:
- IPMAT registration receipt
- Matriculation / Secondary school marksheet
- Matriculation / Secondary school passing certificate
- Higher Secondary School marksheet (Not applicable for candidates who have appeared in 2025 and are yet to receive the results)
- Higher Secondary School passing certificate (Not applicable for candidates who have appeared in 2025 and are yet to receive the results)
- Percentage equivalence certificates for Secondary School and Higher Secondary School where the marksheet gives letter grades or CGPA score
- Certificate of student belonging to NC-OBC, SC, ST, EWS and PWD categories from a competent authority
- Passport copy of candidate for international candidates
- Passport copy of parent for international candidates
- Passport size photograph of candidate (max size – 413*413 pixels)
- Passport size photograph of parent (max size – 413*413 pixels)
- Signature of the candidate (max size – 413*413 pixels)
- Signature of the parent (max size – 413*413 pixels)
IIM Amritsar IPMAT Eligibility Criteria for Domestic Candidates
Candidates meeting the following criteria are eligible to apply for the Five-Year Integrated Programme in Management (IPM) at IIM Amritsar:
(i) Age: The candidate should not be older than 20 years as of July 1, 2025.
(ii) Qualifying Exam: The candidate should have passed the Standard XII/HSC or an equivalent examination in 2024 or be appearing in 2025, with Mathematics/Applied Mathematics as a compulsory subject.
(iii) Minimum Marks: The candidate must have secured at least 60% in Standard X/SSC (55% for candidates from SC/ST/PwD categories) and in Standard XII/HSC or its equivalent examination.
Version dated December 2024. This document is copyrighted by the Indian Institute of Management Amritsar and may not be reproduced without permission. All details in this document are applicable to the admission cycle for the 2025-2030 i-MBA Program. No assumptions can be made about future admission cycles based on this document. IIM Amritsar reserves the right to modify the admission process as needed, with approval from the IIM Amritsar Admissions Committee. Any disputes regarding admissions for the 2025-2030 batch will fall under the jurisdiction of the competent courts in Amritsar, Punjab.
Note 1: Candidates expected to complete their Standard XII/HSC or equivalent by June 30, 2025, are eligible to apply, provided they meet the eligibility criteria. If selected, their admission will be provisional, and they must submit the necessary mark sheets and certificates during registration, or their admission will be canceled.
Note 2: Applicants who completed their X and/or XII standards or are pursuing their XII from international schools affiliated with foreign boards like IGCSE or IB are also eligible to apply.
Note 3: IIM Amritsar reserves the right to determine eligibility, including the equivalence of marks, the recognition of qualifying examinations, intake, etc.
IIM Amritsar IPMAT Eligibility Criteria for International Candidates
Candidates who meet the following criteria are eligible to apply for the Five-Year Integrated Programme in Management (IPM) at IIM Amritsar:
(i) Age: The candidate must not be older than 20 years as of July 1, 2025.
(ii) Qualifying Exam: The candidate must have passed or be appearing for Standard XII/HSC or an equivalent exam in 2024 or 2025, with Mathematics/Applied Mathematics as a compulsory subject.
(iii) Minimum Percentage: The candidate should have secured at least 60% in Standard X/SSC (55% for SC/ST/PwD candidates) and in Standard XII/HSC or its equivalent exam.
Version dated December 2024. This document is copyrighted by the Indian Institute of Management Amritsar and cannot be reproduced without permission. The information provided is valid only for the 2025-2030 i-MBA Program admission cycle. Future admissions may follow a different process, and no assumptions should be made from this document. IIM Amritsar reserves the right to modify or introduce a new admission process as necessary, subject to approval by the IIM Amritsar Admissions Committee. Any disputes regarding admissions for the 2025-2030 batch will fall under the jurisdiction of competent courts in Amritsar, Punjab.
Note 1: Candidates expected to complete their Standard XII/HSC or equivalent by June 30, 2025, can also apply, provided they meet the eligibility criteria. If selected, their admission will be provisional, and they must provide the necessary mark sheets and certificates at the time of registration, or the provisional offer will be canceled.
Note 2: Candidates who have completed or are pursuing their X and/or XII from international schools affiliated with boards like IGCSE (International General Certificate of Secondary Education) or IB (International Baccalaureate) are also eligible to apply.
Note 3: IIM Amritsar reserves the right to determine eligibility, including the equivalence of marks, recognition of the qualifying examination, and intake.
IIM Amritsar IPM Fees
The fee for the IPM program at IIM Amritsar for 2025 has not yet been announced. Applicants are advised to regularly check the official website for updates regarding the fee structure.
IIM Indore IPMAT Cut Off
Year 2024
Year 2023
Year 2022
IIM Rohtak Cut off
Year 2024
Year 2023
IIM Amritsar Placement Highlights 2021-2023
Batch Size, Gender Ratio & Work Ex
Placement Highlights 2021-2023
Where to Prepare for IPMAT?
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