IIM Shillong Placement 2021: Average Salary Up at 19.17 LPA, Highest Salary at Rs.32 LPA; 64 Recruiters make offers to 198 Students

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MBAUniverse.com News Desk |
August 27, 2021
With average salary going up at Rs.19.17 LPA in Placement 2021, IIM Shillong is moving close to club 20 LPA Average salary top IIMs and other top B-schools. No Corona Virus seems to have impacted IIM Shillong placements 2021 as it concluded the process achieving again 100% placement for the large batch of 198 students and registered 2.18% rise in average salary as well for the batch 2019-21
IIM Shillong Placement 2021

Moving close to club 20 LPA average salary B-schools in Placement 2021, IIM Shillong has yet again registered a rise of 2.18% in its average salary package for the 2019-21 batch. The average package in IIM Shillong Placement 2021 has gone up at Rs.19.17 LPA from Rs.18.76 LPA last year. Proving its mettle and defying all the Covid pandemic situation and the economic slowdown, IIM Shillong has successfully concluded the final placements for the batch of 2019-21, keeping intact its legacy of 100% placement record over the years. 

In a scenario when most B-schools are facing adverse impact of 2nd wave of Corona Virus globally, IIM Shillong has concluded its final placement 2021 achieving many firsts. 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.  

IIM Shillong Placement 2021: Highlights

  • Average Salary up by 2.18% at Rs.19.17 LPA in 2021 from Rs.18.76 LPA last year
  • Highest Salary stood at Rs.32 LPA
  • 64 Recruiters Made Placement Offers in 2021 as against 60 last year
  • Median Salary has gone up at Rs. 17.50 LPA in 2021 from Rs.17 LPA last year
  • Top 20% and top 50% of the batch secured average CTC of 26.67 LPA and 23.22 LPA respectively
  • PPOs/PPI offered by prominent recruiters
  • Top Recruiters include  Amazon, Capgemini, EY, ICICI Bank, JPMorgan Chase, Nomura, Tech Mahindra, Titan, Tres Vista, Xiaomi, Yes Bank
  • IIM Shillong witnessed participation from International recruiters, including Landmark Group, offering roles in the Sales and Marketing domain.

Placement season 2021 at IIM Shillong was 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 2019-2021. Despite increase in number of participating students in Placement 2021, IIM Shillong has fortified its position again as a premier B-school. 

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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 64 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 2021
32.00
19.17
Placement 2020
48.50
18.76
Placement 2019
28
16.79
Placement 2018
26
15.5
Placement 2017
24
14.8

Top Recruiters
The placement season saw participation from a total of 64 recruiters spanning across various domains like Consulting & Strategy, Finance, General Management, Human Resources, IT & Analytics, Operations, Sales & Marketing among others.

Among the top recruiters across the sectors and domains at IIM Shillong are some of the biggest names in the industry, including Amazon, Capgemini, CASHe, EY, ICICI Bank, ICICI Prudential Life Insurance, Indegene, InMobi, JPMorgan Chase & Co, Mahindra & Mahindra, Nomura Investment Bank, Tech Mahindra, Titan, Tres Vista, Optum (UnitedHealth Group), Xiaomi, and Yes Bank who reaffirmed their faith in the institute.

iim shillong

First Time Recruiters
IIM Shillong gracefully hosted many first-time recruiters including Accolite Digital, Adobe, Amagi Media Labs, Atomberg, Boston Consulting Group, CarWale, CollegeDunia, Feedback Infra, Genpact, Glenmark Pharmaceuticals, Infosys Consulting, iQuanti, Mswipe, MTX Group, MuSigma, Octro, Paytm, RapidOps, SBI Capital Markets, SysCloud, Tata AIA Life Insurance Co., Thoucentric, Trafigura, Unicommerce, William O’Neil India, Zinnov, ZS Associates and many more.

International Placements
IIM Shillong also witnessed participation from International recruiters including Landmark Group, offering roles in the Sales and Marketing domain.

PPOs/PPIs at IIM Shillong
The PGP 2019-21 batch also bagged PPI/PPO opportunities from Aditya Birla Group, Bain & Company, Boston Consulting Group, D.E. Shaw, Goldman Sachs, Google, HSBC Bank, ITC, Pidilite Industries, Tata Steel, Titan, Vivriti Capital, and Zenoti.

Top Recruiting Domains
Domain wise offers are shared below in IIM Shillong Placement 2021

Consulting & Strategy: 27% Offers with Highest Salary of Rs.32 LPA
Consulting and Strategy emerged as the most sought after domain, accounting for 27% of the total offers received.

Roles offered included Advisory, Business Development, Corporate Strategy, and Strategy & Operations. Top Recruiters in this domain included Bain & Company, Cognizant, EY and Optum (United Health Group) continued their association with the institute, offering coveted profiles to students while firsttime recruiters include Amagi Media Labs, Boston Consulting Group, Indegene, Infosys Consulting, InMobi, MuSigma, Nimbus Systems, Thoucentric and Zinnov.

Sales & Marketing: 25% Offers with Highest Salary of Rs.28 LPA
Sales & Marketing accounted for 25% of the total offers received. Recruiters such as Capgemini, CASHe, Cognizant, ICICI Prudential Life Insurance, ITC, Landmark Group (Splash), Mahindra & Mahindra, Pidilite Industries and Titan continued to bestow their faith in the acumen of the participants and recruited in large numbers. Atomberg, CollegeDunia, Google, iQuanti, RapidOps, Reddot Life Private Limited and SysCloud were amongst the first-time recruiters.

Finance: 19% Offers with Highest Salary of Rs.29.75 LPA
IIM Shillong has always been a preferred campus for recruiters offering roles in the Finance domain. 19% of the participants received offers in roles such as Corporate & Institutional Banking, Financial Operations, Investment Banking amongst others.

Genpact, Mswipe, SBI Capital Markets and William O’Neil India partnered with the institution for the first time. Prominent recruiters such as D.E. Shaw, Goldman Sachs, HSBC, ICICI Prudential Life Insurance, JPMorgan Chase & Co., Nomura Investment Bank, Tresvista, Vivriti Capital and YES Bank continued to recruit in large numbers.

General Management: 11% Offers with Highest Salary of Rs.22 LPA
The General Management domain observed increased participation from recruiters including Aditya Birla Capital, Aditya Birla Group, Cognizant, Exeter Premedia, Feedback Infra, HSBC, ICICI Bank, InMobi, Tata AIA Life Insurance Co., Tech Mahindra, Trafigura, V2 Retail and Xiaomi from various sectors such as BFSI, Consulting, IT & Analytics, Manufacturing & Retail and Technology, Media & Telecommunication. This domain accounted for 11% of placements this year.

IT & Analytics: 10% Offers with Highest Salary of Rs.20.08 LPA
IT & Analytics domain witnessed participation from a host of recruiters including Amazon, ICICI Prudential Life Insurance, Optum (UnitedHealth Group) and Zenoti offering diverse roles such as Business Consulting, Business Intelligence, Product Management, Product Specialist and Program Manager. Adobe, CarWale, MTX Group, Octro, SysCloud, Unicommerce and ZS Associates partnered with the institution for the first time.

Human Resource & Operations: 8% Offers with Highest Salary of Rs.32 LPA
Human Resources and Operations domain witnessed participation from distinguished companies like Aditya Birla Capital, Amazon, Glenmark Pharmaceuticals, Paytm, Reddot Life Private Limited, Tata Steel and Tata Steel BSL Limited that strengthened their alliance with the institution and offered prominent roles spanning across various sectors.

IIM Shillong Batch Profile
The PGP 2019-21 Batch was the diverse one in many ways. The Batch profile is shared below

Batch Profile Components
Number/Percentage
Number of Students
198
Female Students
  39%
Male Students
  61%
Students with Engineering Degree
  57%
Students with graduation in Arts, Science, Commerce and others
  43%
Students with Work Experience
  53%
Freshers
  47%

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 2021 is a testimony to the growing popularity of IIM Shillong.

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