Final placement of largest ever IIM-Shillong batch completed

The Indian Institute of Management, Shillong has successfully completed the placement season for the batch of 2016. Final placements for its biggest batch size in the flagship Post Graduate Programme in Management (PGPM) has been completed in a record time with record offers.

A total of 137 students secured 142 offers made by 41 recruiters. Another highlight was the fact that more than 45% of the batch was given offers by the top five recruiters on campus, an IIM release read.

According to the release, sales and marketing emerged as the preferred domain, with 31% of the students opting for various roles in this category.

The median CTC (cost to company) for the year stood at a record Rs 14 LPA (lakhs per annum), compared to Rs 12.59 LPA in the previous year. The highest domestic CTC offered was Rs 23.35 LPA while the overall was Rs 25 LPA.

The mean CTC for the batch was Rs 14 LPA, with the top quartile of the batch receiving offers of an average of Rs 18.15 LPA and and the top half receiving Rs 16.54 LPA, the release said.

Another highlight of this years placement process was marked by the fact that more than 45% of the batch were made offers by the top 5 recruiters on campus.

Sales & Marketing emerged as the most preferred domain with 31% of the students opting for various S&M roles. The highest CTC in this domain was 21 LPA, top recruiting companies being Google, LOral, Tata Steel, Tata Motors, Titan, GSK Pharma and Voonik.

Finance constituted 19% of placements from firms such as ICICI Bank, RBL Bank, JPMC, HSBC and SBI Bank.

Consulting & General Management had a highest CTC of 23.35 LPA with offers from Deloitte (Strategy & Operations), Mahindra GMC, Cognizant (Business Consulting), Wipro and ZS Associates.

BFSI and IT/ITES/Analytics once again emerged as the two most preferred sectors with 27% and 31% of the students taking up offers in these two sectors respectively.


Post a Comment