IIM Shillong Final Placement 2020: Average Salary Up at 18.76 LPA; Records 73% Rise in Highest Salary

MBAUniverse.com News Desk |
April 8, 2020
No Corona Virus seems to have impacted IIM Shillong placements 2020. The IIM has concluded final placement 2020 achieving again 100% placement for the batch 2018-20 with an exceptional 73% increase on Highest salary which has gone up at Rs.48.50 LPA . Average salary has gone up at Rs.18.76 LPA from Rs.16.79 LPA last year
IIM Shillong Placement 2020

Proving its mettle and defying all the economic slowdown predictions, IIM Shillong has successfully concluded the final placements for the batch of 2018-20.

In a scenario when most B-schools are facing adverse impact of Corona Virus outbreak globally, IIM Shillong has recorded an exceptional 73% increase on Highest Salary which has gone up to Rs.48.50 LPA in placement 2020. The average salary has also gone up by 11.7% in placement 2020 and touched Rs.18.76 LPA from Rs.16.79 LPA last year.

IIM Shillong has started conferring 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.  

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IIM Shillong Placement 2020: Highlights

  • Average Salary up by 11.7% at Rs.18.76 LPA in 2020 from Rs.16.79 LPA last year
  • Highest Salary up by 73% at Rs.48.50 LPA in 2020 from Rs.28 LPA last year
  • 60 Recruiters Made Placement Offers in 2020
  • Median Salary stood at Rs.17 LPA
  • Top 20% and top 50% of the batch secured average CTC of 29.17 LPA and 23.38 LPA respectively
  • PPOs/PPI offered by 25 prominent recruiters
  • Top Recruiters include Bain Capability, ByteDance, Cognizant, Deloitte, FIITJEE, ICICI Bank, JP Morgan, TATA Steel who made the maximum number of offers

Placement season 2020 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 2018-2020.

Despite increase in number of participating students in Placement 2020, IIM Shillong has fortified its position again as a premier B-school. Both the highest and average salary packages have gone up in Placement 2020 at IIM Shillong.

Key Placement Trends: Last 5 Year Analysis
The flagship Post Graduate Programme in Management (PGPM) at IIM Shillong witnessed the completion of final placement. The recruitment drive saw participations from 60 recruiters in various domains such as Consulting & Strategy, Finance, General Management, IT & Analytics, Operations & HR and Sales & Marketing.  

The placement analysis of last five 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 2020
48.50
18.76
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 60 recruiters spanning across various domains like Consulting & Strategy, Finance, General Management, Human Resources, IT & Analytics, Operations, and Sales & Marketing.

Among the top recruiters across the sectors and domains at IIM Shillong are some of the biggest names in the industry, including Bain Capability Network, Berger, BirlaSoft, Capgemini, CASHe, Cognizant, GroupM, HSBC Bank, JP Morgan & Chase, Nomura Investment Bank, Ola Cabs, PwC, Thomson Reuters, Titan, TresVista, Ujjivan Small Finance Bank, United Health Group, Vivriti Capital, Zenoti among others

First Time Recruiters
IIM Shillong also hosted many first time recruiters including Aditya Birla Capital, Bisleri, ByteDance, Conneqt Business Solutions, Emami Agrotech, Extramarks, FIITJEE, Godrej, Great Learning, IDFC First Bank, Indegene, InMobi, Lixil, Mahindra & Mahindra, Moglix, MXV Consulting, Qwixpert, Raam Group, and Tech Mahindra.

International Placements
IIM Shillong also witnessed participation from International recruiters including ShopUp, and Tillomed Laboratories, who offered roles across Consulting, Strategy, and Operations.

PPOs/PPIs at IIM Shillong
The PGP 2018-20 batch also bagged PPI/PPO opportunities from AB InBev, Amazon, Bajaj Finserv, Deloitte USI, D.E. Shaw, Emami Group, Fidelity Investments, Goldman Sachs, GSK Pharma, HDFC Bank, ICICI Bank, JSW Group, Larsen & Toubro, Mahindra GMC, Maruti Suzuki, Pidilite Industries, RBL Bank, Reliance Industries Limited, TAFE, TATA Steel, Titan, Udaan, Ultratech Cement, ValueLabs, and Xiaomi.

Consulting & Strategy: Highest Paying Domain with Maximum Offers
Consulting & Strategy became the most sought-after domain in placement 2020 at IIM Shillong. 29% of the total offers were made to the participants in Consulting and Strategy domains. Besides, they emerged as the highest paying domain, with the average CTC of 24 LPA.

The students have been offered several roles ranging across Advisory, Analytics, Corporate Strategy, Investment Banking, Product Management, Retail Management, Risk Management, Sales & Marketing, Strategy & Operations, and Supply Chain Management.

Bain Capability Network, ByteDance, Cognizant, Deloitte USI, FIITJEE, ICICI Bank, JP Morgan & Chase, and TATA Steel made the maximum number of offers this year.

5 Students to Pursue Entrepreneurship & Higher Education
Five participants from the batch have decided to pursue entrepreneurship, higher education and other opportunities.

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 2020 is a testimony to the growing popularity of IIM Shillong.

Stay tuned to MBAUniverse.com for more updates on IIM Shillong