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IIM Shillong Average Package

IIM Shillong Placement Report Analysis

IIM Shillong Average Package

IIM Shillong Final Placement Report 2024 – The Indian Institute of Management (IIM) Shillong has successfully concluded its final placement season for the Post Graduate Program in Management (PGP) batch of 2022-24. The outstanding performance of the students has once again cemented IIM Shillong’s position as a premier management institute, with a diverse array of top-tier recruiters reaffirming their confidence in the talent nurtured by the institute. Let’s look at the IIM Shillong average package.

iim shillong average package

IIM Shillong Placement Highlights

Batch Profile:
– Total Students: 283
– Male: 79%
– Female: 21%
– Work Experience:
– Freshers: 36%
– 1-12 months: 12%
– 13-24 months: 22%
– 25-36 months: 18%
– 36+ months: 12%

Educational Background:
– Engineering: 45%
– Finance & Commerce: 36%
– Pure Sciences: 10%
– Arts and Others: 9%

Major Recruiters:
– Consulting & Strategy: Bain & Company, McKinsey & Company, Accenture Strategy, Boston Consulting Group, Deloitte USI, EY India.
– Finance: Goldman Sachs, HSBC Bank, ICICI Bank, JPMorgan Chase & Co., Kotak Mahindra Bank, Nomura Investment Bank.
– Sales & Marketing: Berger Paints, Cipla, ITC, Johnson & Johnson, Tata Steel, Pidilite Industries.
– IT & Analytics: Microsoft, Baker Hughes, LatentView Analytics, Merilytics, ServiceNow.
– General Management: Adani Group, Larsen & Toubro, JSW Group, Kotak Life.
– Human Resources & Operations: Aditya Birla Capital, Air India, AON Consulting, Vedanta, WNS Global.

Key Statistics

– Highest CTC: Rs 71.50 LPA
– Average CTC: Rs 26.10 LPA
– Median CTC: Rs 25.67 LPA
– Top 10% Average CTC: Rs 43.15 LPA
– Top 20% Average CTC: Rs 38.43 LPA
– Top 50% Average CTC: Rs 32.39 LPA

The placement season witnessed the participation of 87 recruiters, including 46 new recruiters, further enhancing the diversity of opportunities available to the students.

 

IIM Shillong Sector-Wise Placement Breakdown

Consulting & Strategy:
– Consulting and Strategy roles constituted 32% of the total offers, with companies like Accenture Strategy, Boston Consulting Group, Bain & Company, and McKinsey & Company leading the recruitment.

Finance:
– The Finance sector saw 29% of the total placements, with roles offered in credit risk, equity research, financial advisory, and more by firms such as Goldman Sachs, HSBC, ICICI Bank, and JPMorgan Chase & Co.

Sales & Marketing:
– 21% of the students secured roles in Sales & Marketing, with prominent recruiters including Berger Paints, Cipla, ITC, Johnson & Johnson, and Tata Steel.

IT & Analytics:
– 8% of the placements were in IT & Analytics, with major recruiters like Microsoft, Baker Hughes, and LatentView Analytics offering roles in data analytics, product management, and business analysis.

General Management:
– 5% of the students were placed in General Management roles, with recruiters such as Adani Group, Larsen & Toubro, and JSW Group.

Human Resources & Operations:
– 8% of the placements were in the HR & Operations domain, with companies like Aditya Birla Capital, Air India, and Vedanta participating.

 

The following table will help you with placement data for the past 3 years of IIM Shillong.

PGP Highest Salary Average Salary Median Salary
2018-2020 Rs. 48.50 LPA Rs. 18.76 LPA Rs. 17 LPA
2019-2021 Rs. 32 LPA Rs. 19.17 LPA Rs. 17.50 LPA
2020-2022 Rs. 55.22 LPA Rs. 23.10 LPA Rs. 22.28 LPA
2021-2023 Rs. 73.30 LPA Rs. 26.96 LPA Rs. 26.09 LPA
2022-2024 Rs. 71.50 LPA Rs. 26.10 LPA Rs. 25.67 LPA
PGP Companies PPOs New Companies
2018-2020 60 46 27
2019-2021 64 23 34
2020-2022 73 48 43
2021-2023 63 85 26
2022-2024 87 87 46

 

IIM Shillong Placements 2022 Highlights
  • No. of students: 250
  • No. of companies: 73
  • Gender ratio: 75:25
  • Engineering students: 53%
  • Freshers: 38%
  • PPOs: 48
Domain Highest Salary

(Rs. LPA)

Recruiters
Consulting & Strategy 21.10 Bain & Company, Cognizant, Deloitte, PWC, OLA, etc.
Sales & Marketing 34.07 Amazon, Godrej, GSK, Maruti Suzuki, Pidilite, etc.
Finance 32 ICICI Bank, Nomura, IDFC First Bank, Goldman Sachs, etc.
General Management 26.31 ABinBev, Bajaj Finserv, JSW, MI, Mahindra GMC, etc.
IT & Analytics 55.22 Birlasoft, Bisleri, Capgemini, Fidelity, Great Learning, etc.
Operations & HR 32 DE Shaw and CO, Moglix, Tata Steel, Titan, etc.

 

Summer Internship Report 2021-2023

  • Total students: 240
  • Gender ratio: 56:44
  • Engineering students: 60%
  • Freshers: 28%
PGP Highest Stipend Average Stipend
2021-2023 Rs. 3.5 lakh Rs. 1.73 lakh

 

IIM Shillong Programs

  • PGP – Post Graduate Program
  • PGPEx – Post Graduate Program for Executives
  • FPM – Fellowship Program in Management (PhD)

IIM Shillong Fee & Intake

Fee – Rs. 16,00,000 (excluding hostel and mess)

PGP Intake – 240 students(2021-2023)


IIM Shillong Admission Process

Score accepted – CAT

Phase 1 – Shortlisting for GD-PI Round

The minimum marks required in different sections is given below:

Category VARC Quant DILR
DA/ST 50 50 50
SC 60 60 60
EWS/Others 75 75 75

The actual cut-off varies from the minimum qualifying marks.

 

Phase 2 – Final Merit List

The final shortlisting will be based on 3 parameters:

  1. Score in 10th, 12th and Graduation
  2. CAT absolute score
  3. PI performance

IIM Shillong Admission 2023

Download IIM Shillong detailed Admission Process


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