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Average salary of Rs 16.79 lakh at IIM Shillong final placements

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The Economic Times
18th March, 2019 17:45 IST

IIM Shillong has concluded final placements for its 10th batch of 177 students, with the highest package of Rs 28 lakh and average package of Rs 16.79 lakh, a jump of 8.3% from last year. The top 20% and top 50% of the batch secured an average package of Rs 22.67 lakh and Rs 19.75 lakh respectively, while the median package jumped to Rs 16.5 lakh.

The final placement season saw participation from 62 recruiters. Consulting & strategy became the most sought-after domain this year, with 26.5% of the total offers made to the participants.

Several prominent recruiters made offers including Accenture, Amazon, Cognizant, Deloitte USI, GroupM, ICICI Bank, Infosys, JP Morgan & Chase, Nomura Investment Bank, Northern Arc, RBL Bank, ShopClues, Stellium Consulting, TATA Motors, TATA Steel, Ujjivan Small Finance Bank, ValueLabs and VMWare. The institute also hosted many first-time recruiters including Bain Capability Network, Bajaj Finserv, Basix Sub-K, Carwale, eClerx, EY, Essar Group, Freudenberg, GMM Pfaudler, HDFC Bank, Henkel, Landmark Group (Splash), Markets & Markets, Maruti Suzuki, Ola Cabs, OYO, TAFE, TATA Power, Tredence, TresVista, Trident, Ultratech Cement, UnitedHealth Group, Vedanta and Xiaomi.

The PGP 2017-19 batch also bagged PPI/PPO opportunities from Aditya Birla Group, Amazon, Barclays, Berger Paints, Deloitte USI, Fidelity Investments, ICICI Bank, ITC, Mahindra GMC, Muthoot Group, Nomura Investment Bank, Piramal, Reliance Industries, Rivigo, TATA Motors, TATA Steel, Titan, Wipro and Yes Bank.

Consulting & Strategy emerged as the highest paying domain, with the average CTC of Rs 17.96 lakh. Students have been offered several roles ranging across advisory, analytics, change management, consulting, corporate strategy, investment banking, retail management, sales & marketing, strategy & operations and supply chain management.

Cognizant, Deloitte USI, ICICI Bank, JP Morgan & Chase and TATA Steel made the maximum number of offers this year.

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