IIM Shillong Final Placement 2019: Average Salary Up at 16.79 Lakhs; Confers MBA Degree for the First Time to 177 Students

IIM Shillong Placement 2019
Monday, April 15 2019, 11:50 AM
IIM Shillong has concluded final placement 2019 achieving again 100% placement for its largest batch size of 177 students. Average salary has gone up at Rs.16.79 lakhs from Rs.15.5 lakhs last year and the highest salary at Rs.28 lakhs from Rs. 26 lakhs last year. After implementation of IIM Act 2017, the PGP 2017-19 at IIM Shillong is the first batch receiving the MBA degree instead of diploma

IIM Shillong has concluded final Placement 2019 achieving yet again 100% placement to its largest ever 2017-19 batch comprising 177 students.  Average placement package in 2019 has shot up at Rs.16.79 lakhs from Rs.15.5 lakhs last year and the highest salary offered in placement 2019 has gone up at Rs.28 lakhs from Rs. 26 lakhs last year.

For the first time IIM Shillong has conferred MBA degree instead of diploma after implementation of IIM Act 2017 which empowered the IIMs to award MBA degree or PGDM as per their choice. The largest PGP 2017-19 batch of 177 students, is the first batch to get the MBA degree from IIM Shillong.

IIM Shillong Placement 2019: Highlights

  • 100% Placement to Largest Batch of 177 Students
  • Average Salary up at Rs.16.79 LPA in 2019 from Rs.15.5 LPA last year
  • Highest Salary up at Rs.28 LPA from Rs.26 LPA last year
  • 62 Recruiters Made Placement Offers in 2019
  • More than 31% Recruitment in BFSI sector

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Placement season 2019 at IIM Shillong is marked with increased salary offers by recruiters from all the sectors and making offers with diverse roles and profiles. Standing true to its legacy, IIM Shillong has once again emerged as one of the most sought after campuses for recruiters as testified by the successful completion of the Final Placement season for the batch of 2017-2019.

Despite increase in number of participating students in Placement 2019 to 177 from 169 last year, IIM Shillong has fortified its position again as a premier B-school. Both the highest and average salary packages have gone up in Placement 2019 at IIM Shillong.

Key Placement Trends: Last 4 Year Analysis
The flagship Post Graduate Programme in Management (PGPM) at IIM Shillong witnessed the completion of final placement for its largest batch size till date. The Institute recorded average CTC of 16.79 LPA witnessing a significant increase of 8.3% over the last year. The recruitment drive saw participations from 62 recruiters in various domains such as Consulting & Strategy, Finance, General Management, IT & Analytics, Operations & HR and Sales & Marketing.  

The placement analysis of last four years at IIM Shillong reveals that despite increasing number of students in the batch, placement packages are consistently rising:

Placement Year
Highest Placement (Rs.in Lakhs)
Average Placement (Rs. in Lakhs)
Placement 2019
28
16.79
Placement 2018
26
15.5
Placement 2017
24
14.8
Placement 2016
23.35
14
Top Recruiters
The placement season saw participation from a total of 62 recruiters. Among the top recruiters across the sectors and domains at IIM Shillong are some of the biggest names in the industry, including Accenture, Amazon, Cognizant Business Consulting, Deloitte USI, GroupM, ICICI Bank, Infosys, JP Morgan & Chase, Nomura Investment Bank, Northern Arc, RBL Bank, ShopClues, Stellium Consulting, TATA Motors, TATA Steel, Ujjivan Small Finance Bank, ValueLabs, VMWare among others.

IIM Shillong also hosted many first time recruiters including Bain Capability Network, Bajaj Finserv, Basix Sub-K, Carwale, eClerx, EY, Essar Group, Freudenberg, GMM Pfaudler, HDFC Bank, Henkel, Landmark Group (Splash), Markets & Markets, Maruti Suzuki, Ola Cabs, OYO, RECL, Stellium Consulting, TAFE, TATA Power, Tredence, TresVista, Trident, Ultratech Cement, UnitedHealth Group, Vedanta, Xiaomi and Zenoti.

PPOs/PPIs at IIM Shillong
The PGP 2017-19 batch also bagged PPI/PPO opportunities from Aditya Birla Group, Amazon, Barclays, Berger Paints, Deloitte USI, Fidelity Investments, ICICI Bank, ITC, Mahindra GMC, Muthoot Group, Nomura Investment Bank, Piramal, Reliance Industries, Rivigo, TATA Motors, TATA Steel, Titan, Wipro and Yes Bank.

Sectoral placement
Banking, Financial services and Insurance (BFSI) stole the placement show at IIM Shillong sectoral placement 2019 with more than 31% offers. The details of sectoral placement at IIM Shillong are appended:

Sector
Percentage of placement offers
BFSI
31.3%
Manufacturing & Retail
18.1
Consulting
13.9%
IT/Analytics
13.3%
 E-Commerce
  7.2%
Conglomerate
  6%
FMCG
  3.6%
Others
  6.6%

Domain wise Placements
Consulting & Strategy has emerged as the top domain with 26.5% roles this year. Detailed analysis of domain wise placements with highest salary offered is shared below:

Sales & Marketing: 25.3% Share with Highest Salary Rs. 28 Lakhs
Sales & Marketing continued to be the highest paying domain, accounting for more than 25% of the total offers received. The highest salary offer in this domain stood at Rs. 28 lakhs.

Recruiters such as Amazon, GroupM, Infosys, ITC, Piramal, TAFE, TATA Motors, TATA Steel, Titan, ValueLabs and Wipro continued to bestow their faith in the acumen of the participants and recruited in large numbers. Bajaj Finserv, CarWale, Freudenberg, GMM Pfaudler, Henkel, ICICI Prudential Life Insurance, Kishlay Group, Landmark Group (Splash), Maruti Suzuki, OYO, Rivigo and UltraTech Cement were amongst the first time recruiters.

Consulting & Strategy: 26.5% Share with Highest Salary at Rs.26.5 Lakhs
Consulting and Strategy emerged as the most sought after domain, accounting for 26.5% of the total offers received. Various roles offered included Advisory, Business Development, Corporate Strategy and Strategy & Operations. Cognizant Business Consulting, Deloitte USI, TATA Steel and VMWare continued their association with the institute, offering coveted profiles to students while first-time recruiters include Bain Capability Network, EY, Freudenberg, GMM Pfaudler, Henkel, RECL, Stellium Consulting Trident and UnitedHealth Group.

Finance: 16.3% Share with Highest Salary at Rs. 20 Lakhs
IIM Shillong has always been a preferred campus for recruiters offering roles in the Finance domain. The highest salary in Finance domain has gone upto Rs. 20 lakhs. More than 16% of the participants received offers in roles such as Investment Banking, Global Markets, Risk Management, Equity Research, Commercial Banking, Retail Banking, Corporate Finance, Market Analysis and Trade Analysis amongst others.

Barclays, Bajaj Finserv, HDFC Bank, ICICI Bank, TresVista and Vivriti Capital partnered with the institution for the first time. Prominent recruiters such as JPMorgan Chase, Muthoot FinCorp, Nomura Investment Bank, Northern Arc, RBL Bank and Yes Bank continued to recruit in large numbers.

General Management: 12.7% Share with highest Salary Rs. 25 Lakhs
12.7% Share in Placement was recorded in General Management domain. The highest salary stood at Rs. 25 Lakhs.

The General Management domain observed increased participation from recruiters including Aditya Birla Group, Bajaj Finserv, Essar Group, Mahindra GMC, RECL, Ujjivan Small Finance Bank and Xiaomi from various sectors such as Automobile, BFSI, Conglomerate and Manufacturing.

IT/Analytics: 11.4% Share Placement with Highest salary Rs. 22.5 Lakhs
IT & Analytics domain witnessed participation from a host of prominent recruiters including including Accenture, Fidelity Investments, ShopClues, Tredence, VMWare and Zenoti offered diverse roles such as Analytics Consultant, Business Analytics & Research, New Product Development, Tech Solutions among others.

Operations & HR:7.8% Share with highest salary Rs.20 Lakhs
Operations was opted for by around 8% students of the batch. Prominent recruiters from various sectors such as Ecommerce, Manufacturing, IT/ Analytics, Finance and Consulting offered coveted roles in Supply Chain Management, Program Management and Catalog Management.

Operations & HR domain witnessed participation from distinguished companies like Henkel, Ola Cabs, OYO, Tata Steel, Vedanta and VMWare offering prominent roles spanning across E-Commerce and FMCG sectors.

Jubiliant on the Placement 2019 trends, Prof. Sharad Nath Bhattacharya Chairperson Placement Committee IIM Shillong said, “The stellar performance by the PGP participants stands testimony to the rapid progress made by IIM Shillong and has once again established IIM Shillong as the preferred choice for recruiters.”

Established in 2007, IIM Shillong (Meghalaya) is the 7th in the family of 20 IIMs and is the only IIM operating and catering to 7 sister states of North East in India. During the short span of time, IIM Shillong has acquired the prominent place in the Indian Management education. The rising placement 2019 at IIM Shillong is a testimony to the growing popularity of IIM Shillong.

Immediately after announcing the completion of final placement 2019, IIM Shillong celebrated its convocation with 177 students graduating for the Post Graduate Programme of IIM Shillong. For the first time IIM Shillong, conferred MBA degrees to the Post Graduate students. 23 Post Graduate Executive Students were conferred Post Graduate Diplomas for Executives. Industry leader Dr Vivek Lall Vice President, Aeronautics Strategy and Business Development at Lockheed Martin Corporation was the Chief Guest and delivered the Convocation address.

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