IIM Shillong Placement 2022: Average Salary Up by 20% at Rs.23.10 LPA, Highest Salary Up at Rs.55.22 LPA; 73 Recruiters make offers to 250 Students

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MBAUniverse.com News Desk |
February 22, 2022
With average salary going up by 20.5% at Rs.23.10 LPA in Placement 2022, IIM Shillong has joined the elite club of top IIMs with 20+ LPA Average salary. Highest salary in IIM Shillong Placements 2022 has shot up to Rs.55.22 LPA from Rs.32 LPA last year. IIM Shillong has again achieved again 100% placement for the large PGP 2020-22 batch of 250 students who got offers from 73 marquee companies across diverse domains
IIM Shillong Placement 2022

Joining the club 20+ LPA average salary B-schools in Placement 2022, IIM Shillong has yet registered a sharp rise of 20.5% in its average salary package for the PGP 2020-22 batch. The average package in IIM Shillong Placement 2022 has gone up at Rs. 23.10 LPA from Rs.19.17 LPA last year. The highest package in IIM Shillong placement 2022 has shot up by 72.56% and registered the overall highest salary of Rs.55.22 LPA from Rs.32 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 2020-22, keeping intact its legacy of 100% placement record over the years.

In a scenario when most B-schools are facing adverse impact of Corona Virus globally, IIM Shillong has concluded its final placement 2022 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 2022: Highlights

  • 100% placements for the large batch of 250 students
  • Joins Elite Club of Top IIMs and B-Schools with Rs.20+ LPA Average Salary
  • Average Salary in Placement 2022 goes up by 20.5% at Rs.23.10 LPA from Rs.19.17 LPA in 2021
  • Highest Salary in Placement 2022 jumps by 72.56% at Rs.55.22 LPA from Rs.32 LPA last year
  • 73 Recruiters Made Placement Offers in 2022 to the batch of 250 students
  • Median Salary has gone up at Rs.22.28 LPA in Placement 2022 from Rs. 17.50 LPA in 2021
  • Top 20% of the batch got average package of Rs.31.31 LPA in Placement 2022 as against Rs.26.67 LPA last year
  • Top 50% of the batch secured average package of Rs. 26.95 LPA as against Rs. 23.22 LPA last year
  • 48 PPOs/PPI offered by prominent recruiters
  • 43 New Recruiters participated in IIM Shillong Placements 2022
  • Top Recruiters include  Bain & Co., Deloitte, EY, PwC, D.E. Shaw, Goldman Sachs, JPMorgan Chase & Co., Nomura, AB InBev, Aditya Birla Capital, JSW, Mahindra GMC, Bosch, HSBC Bank, Titan, Capgemini, Microsoft, Amazon, Cipla, ITC among others
  • Top Recruiting Domains: Consulting and Strategy with 29.67% Offers

Placement season 2022 at IIM Shillong was marked with increased salary offers by recruiters from all the sectors and making offers with diverse roles and profiles. Despite increase in number of students in the PGP 2020-22 batch, 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 73 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 2022
55.22
23.10
Placement 2021
32.00
19.17
Placement 2020
48.50
18.76
Placement 2019
28
16.79
Placement 2018
26
15.5

iim shillong

Top Recruiters
The placement season saw participation from a total of 73 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 Bain & Co., Deloitte USI, EY, PwC, D.E. Shaw, Goldman Sachs, JPMorgan Chase & Co., Nomura Investment Bank, AB InBev, Aditya Birla Capital, JSW, Mahindra GMC, State Street Corporation, Bosch, HSBC Bank, Mahindra Logistics, Paytm, Titan, Amagi, Baker Hughes, Capgemini, Hashedin by Deloitte, Microsoft, Amazon, Cipla, ITC, Mahindra & Mahindra, Pidilite Industries, Titan and many others.

iim shillong

First Time Recruiters
In the final placements 2022, IIM Shillong gracefully hosted 43 first-time recruiters including AB InBev, Aditya Birla Fashion & Retail Ltd. Axis Bank, Baker  Hughes, Bosch, Cipla, CRISIL, Dalmia Bharat Group, HDFC Bank, IBM, JSW, Mahindra Group, Microsoft, PharmEasy, Piramal Group, PwC, Reliance Industries Limited, Schindler India, Standard Chartered Bank, State Street Corporation, Tata AIG General Insurance, Tiger Analytics, Udaan, WNS Global and many more.

48 PPOs/PPIs at IIM Shillong
The PGP 2020-22 batch also bagged 48 PPI/PPO opportunities from top Companies including Aditya Birla Group, Bain & Company, D.E. Shaw, Goldman Sachs, HSBC Bank, Pidilite Industries, Titan among others.

Top Recruiting Domains
Domain wise share of offers with top recruiters are as below in IIM Shillong Placement 2022

Consulting & Strategy: 29.67% Offers
Consulting and Strategy emerged as the most sought after domain, accounting for 29.67% of the total offers received.

Roles offered included Advisory, Business Development, Corporate Strategy, and Strategy & Operations. Top Recruiters in this domain included Bain & Co., Deloitte USI, EY, PwC which not only continued their association with the institute but also offered coveted profiles to students.

Sales & Marketing: 18.70% Offers
Sales & Marketing accounted for nearly 19% of the total offers received. Recruiters such as Amazon, Cipla, ITC, Mahindra & Mahindra, Pidilite Industries, Titan continued to bestow their faith in the acumen of the participants and recruited in large numbers.

Finance: 18.29% Offers
IIM Shillong has always been a preferred campus for recruiters offering roles in the Finance domain. 18.29% of the participants received offers in roles such as Corporate & Institutional Banking, Financial Operations, Investment Banking amongst others. D.E. Shaw, Goldman Sachs, JPMorgan Chase & Co., Nomura Investment Bank recruited in large numbers.

General Management: 12.60% Offers
The General Management domain observed increased participation from regular and new recruiters from various sectors such as BFSI, Consulting, IT & Analytics, Manufacturing & Retail and Technology, Media & Telecommunication. Some of the top recruiters in this domain included AB InBev, Aditya Birla Capital, JSW, Mahindra GMC, State Street Corporation.

Human Resource & Operations: 10.98% Offers
Human Resources and Operations domain witnessed participation from distinguished companies like Bosch, D.E. Shaw, HSBC Bank, Mahindra Logistics, Paytm, Titan that strengthened their alliance with the institution and offered prominent roles spanning across various sectors. 

IT & Analytics: 9.76% Offers
IT & Analytics domain witnessed participation from a host of recruiters including Amagi, Baker Hughes, Capgemini, Hashedin by Deloitte, Microsoft offering diverse roles such as Business Consulting, Business Intelligence, Product Management, Product Specialist and Program Manager.

IIM Shillong Batch Profile
The PGP 2020-22 Batch was the diverse one in many ways. The Batch profile is shared below

PGP 2020-22 Batch Profile Components
Number/Percentage
Number of Students
  250
Female Students
  25%
Male Students
  75%
Students with Engineering Degree
  53%
Students with graduation in Finance & Commerce
  20%
Students with graduation in Science
  12%
Students with graduation in Arts and other streams
  15%
Students with Work Experience of 12 to 36+ Months
  62%
Freshers
  38%

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 2022 is a testimony to the growing popularity of IIM Shillong.

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