The Indian Institute of Management (IIM) Shillong witnessed an increase in average CTC by 2.18%. The top 20% and top 50% of the batch secured an average CTC of 26.67 LPA and 23.22 LPA, respectively, while the median CTC stood at 17.50 LPA.
The institute also witnessed participation from International recruiters, including Landmark Group, offering roles in the Sales and Marketing domain. Despite challenging conditions prevailing in the country, IIM Shillong has successfully completed the Final Placements for the batch of 2019-21, with the highest CTC of INR 32.00 Lacs per annum (LPA), resulting in an average CTC of 19.17 LPA which is 2% higher than previous year average salary offered.
A senior official in IIM stated the Final Placement season at IIM Shillong witnessed participation from 64 recruiters, spanning across various domains such as Consulting & Strategy, Finance, General Management, Human Resources, IT & Analytics, Operations, and Sales & Marketing. Consulting & Strategy was the most sought-after domain this year, with 27% of the total offers arising from this domain, followed by Sales and Marketing, with 25% of the total offers.
There was participation from prominent recruiters including Amazon, Capgemini, CASHe, EY, ICICI Bank, ICICI Prudential Life Insurance, Indegene, InMobi, JPMorgan Chase & Co, Mahindra & Mahindra, Nomura Investment Bank, Tech Mahindra, Tres Vista, Optum (UnitedHealth Group), Xiaomi, and Yes Bank.
IIM Shillong also hosted many first-time recruiters such as 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, V2 Retail, Zinnov, ZS Associates among others.
The institute also witnessed participation from International recruiters, including Landmark Group, offering roles in the Sales and Marketing domain. The PGP 2019-21 batch also secured 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.
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The official added, “Human Resources & Operations emerged as the highest paying domain, with an average CTC of 20.38 LPA. The students have been offered roles ranging across Advisory, Analytics, Corporate Strategy, Investment Banking, Product Management, Retail Management, Risk Management, Sales & Marketing, Strategy & Operations, and Supply Chain Management.
Amazon, Cognizant, EY, ICICI Prudential Life Insurance, Infosys Consulting, JPMorgan Chase & Co, Landmark Group, and Nimbus Systems made the maximum number of offers this year”. Source: The Economic Times