IIM Shillong has concluded its final placement for its Post Graduate Programme in Management (PGPM) for 2017-18 batch with a median salary of INR 16 LPA, whereas the highest domestic salary stood at INR 26 LPA, officials said. The placement season saw participation from 41 recruiters and 169 participants.
The mean CTC (Cost to company) for the batch was 15.51 lakh per annum. Moreover, the mean for the top quartile of the batch stood at INR 21 LPA and that for the top half increased to INR 18.5 lpa, they said.
"Consulting emerged as the highest paying domain, with the average CTC of INR 21 LPA. The highest CTC in the domain was offered by Deloitte -- Strategy & Operations," IIM Shillong Placement officer Merlvin Mukhim said in a statement.
All the students got hired except for two who chose to pursue entrepreneurial ventures of their own, he said.
Sales & Marketing continued to be the most sought after domain and multiple offers were made by prominent recruiters such as BPCL, Beiersdorf (Nivea), Berger Paints, Dell, Delhivery, IOCL, ITC, Kohler, Piramal Enterprises, Tata Steel, Titan, Tata Motors and Value Labs.