IIM Shillong Placement & Packages 2021: Process, Lowest, Highest Packages

IIM Shillong Placement & Packages 2021: Process, Lowest, Highest Packages

ByAditi Joshi  |  Updated on: Sep 15, 2021IIM Shillong 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
IIM Shillong 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities
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IIM Shillong Placements 2021

IIM Shillong Placements 2021 successfully placed 100% Post Graduate Programme in Management Course (PGPM) students. This year, despite the pandemic and its effects on the market, IIM Shillong witnessed an increase in the average and median salary offered to the students. However, as compared to last year, there has been a decrease of over 8 per cent in the average of the top-20 per cent of salaries offered to the batch. A significant section of the students has chosen either Consulting and Strategy or Sales and Marketing roles to begin their careers in management. Here are some latest updates from IIM Shillong Placements Report 2021

IIM Shillong Placements Highlights 2021

In this article, you will understand IIM Shillong Placements 2021 and past placement patterns. Here is a table that will give you IIM Shillong Placements Highlights 2021.

Batch

2021

Total no. students

198

Total no: of recruiters

64

Top Recruiting Sectors

Consulting, BFSI

Top recruiters

ITC, Pidilite, EY, Landmark group

Average CTC

INR 19.17 LPA

Highest CTC

INR 32 LPA

Top 50% average CTC

INR 23.22 LPA

Year on year increase in Average CTC

2.18%

  • IIM Shillong Placements this Year observed a decrease of 33% in the highest placement package from last year
  • The average package this year increased by 14.1% as compared to IIM Shillong Last Year Placements.
  • Banking, Financial Services and Insurance (BFSI) turned out to be the IIM Shillong Top Recruiting Sectors constituting a total of 27% of the total placement offers
  • Godrej, Great Learning, IDFC First Bank, Indegene, FIITJEE and Aditya Birla Capital were some of the first-time recruiters at IIM Shillong placements 2021
  • During IIM Shillong Summer Placements 2021, The highest Stipend given was INR 3 Lakhs, and the average Stipend was INR 1.38 Lakh.

IIM Shillong Placements Process 2021

 IIM Shillong Placements Process 2021 involves the following steps. 

  • An interactive session organised between students and company representatives where students get information about the job profiles, roles & responsibilities, job location etc. These sessions are called Pre Placement Talks. Pre Placement Talks help students make up their minds about applying for the discussed job roles.
  • The profiles of interested candidates and other information is shared with recruiters.
  • Companies are invited on-campus to conduct recruitment drives according to the interest shown by the students. 
  • Companies conduct group discussions and interviews of shortlisted students.
  • Final results are declared by the recruiters at the end of the process.
  • Companies make offers to the selected students. Students are required to select or reject the offer within a stipulated time period. 

IIM Shillong Placements Reports 2021

IIM Shillong has released the IIM Shillong Placements Report 2021, according to which some significant IIM Shillong Placements 2021 facts have been summarised below for your reference. 

  • 198 students of IIM Shillong and 64 recruiters took part in the placement drive.  
  • Despite the pandemic conditions going on in the country, the institution has noticed an increase in average CTC by 2.18%, and the Highest CTC stood at INR 32 LPA, whereas the Average CTC observed was INR 19.17 LPA.
  • Several top recruiters, including Amazon, ICICI Bank, Mahindra & Mahindra, Pidilite, EY,  JP Morgan & Chase, Nomura Investment Bank, Ola Cabs, PwC, Xiaomi, participated in the IIM Shillong Placement Drive 2021. Pidilite and EY were top recruiters. 
  • BFSI & IT-Analytics were the top recruiting sectors.
  • The highest stipend for the summer placements was recorded as INR 3 Lakhs, and the Average stipend was INR 1.38 Lakhs. 100% of students were provided internship opportunities this year.

Here is a quick synopsis of IIM Shillong Placement Reports 2021, when compared to last year statistics.

Particulars

2021

2020

Batch size

198

170

Highest recruiting sector

BFSI and IT-Analytics

BFSI 

Total recruiters

64

60

Highest salary

INR 32 LPA

INR 48.50 LPA

Average salary

INR 19.17 LPA

INR 18.76 LPA

Median salary

INR 17.50 LPA

INR 17 LPA

Top 50% Average CTC

INR 23.22 LPA

INR 23.38 LPA

Top 20% Average CTC

INR 26.67 LPA

INR 29.17 LPA

Y-O-Y Increase in Average CTC

2.18%

11.70%

IIM Shillong Top Recruiters 2021

More than 64 companies participated in the IIM Shillong Placements 2021. Some IIM Shillong Top Recruiters on campus were Pidilite, EY, Berger, Bain and Company, Capgemini, OLA, PWC, Birlasoft, JP Morgan & Chase, TresVista, Titan, Godrej, FIITJEE, Fidelity, Extramarks, Emami, E E Shaw and Co., Deloitte, Conneqt, Cashe, ByteDance, Bisleri, Bajaj Finserv, Aditya Birla Capital, AbInBev, Goldman Sachs, Great learning, Groupm Cognizant and others.  

There were 20 new recruiters at IIM Shillong Final Placements 2021. Some of them were Amagi Media Labs, EY, GamaSec, Godrej, IDFC First Bank, Lubrizol, Mahindra GMC, Microsoft, UnitedHealth Group (Optum), Shell and Udaan. 

The top recruiting sectors were Consulting and Strategy BFSI and Sales and Marketing. 

IIM Shillong Domain-wise Highest CTC has been shown in the table below for your reference.

Domain

Highest CTC (INR)

Consulting & Strategy

32 LPA

HR and Operations 

32 LPA

Sales and marketing

28 LPA

Finance

29.75 LPA

General management

22 LPA

E-Commerce

26 LPA

IT & others

20.08 LPA

IIM Shillong Sector-wise Placements 2021

If we compare sector-wise IIM Shillong Placements, then top recruiting sectors were the Consulting and Strategy Sector (27%), Finance Sector (19%) and Sales & Marketing Sector (25%). IIM Shillong Sector-Wise Placements 2021 have been represented in the table given hereunder. 

IIM Shillong Domain-Wise Placements 2021

Sectors

Percentage of Placements Offered

Consulting & Strategy

27%

Sales and Marketing  

25%

Finance

19%

General management

11%

IT & Analytics

10%

HR & Operations

8%

IIM Shillong Top Alumni Recruiters

IIM Shillong Alumni is widespread industry-wise, domain-wise and country-wise.  IIM Shillong Top Alumni Recruiters have been mentioned in the table below for your quick understanding.

Recruiter/Company

No: of Alumni

ICICI Bank

41

Cognizant

46

Tata steel

45

Deloitte India

34

JP Morgan Chase & Co.

26

Here is a table that gives you a domain-wise distribution of IIM Shillong Alumni 

Domain

Alumni Associated in Percentage

Business Development

16%

Administration

13%

Sales

10%

Consulting

9%

Finance

8%

Operations

8%

Marketing

6%

Others

30%

Note: Others comprises domains such as Education, Product Management, Program Management, Research, Information Technology, Human Resources, Engineering, Media and Communication.

Posted by:

Aditi JoshiAditi JoshiMember since Mar 2021
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IIM Shillong College Placement & Packages FAQs

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  • Summer placement is the internship program with stipend opportunities provided to students by the institute on completion of their first year of MBA. Top companies such as IBM, BCG, McKinsey, P&G, etc., offer internship offers to IIM Shillong students.

  •  Students will get benefit if the following information is included in the company presentation or brochures.

    • Compensation packages.
    • Career roles and responsibilities are offered in different types of job profiles.
    • Locations where the student is expected to be posted
    • Company profile
  • Yes. Different MNCs offer job profiles for foreign locations during IIM Shillong Placements. IIM Shillong recorded an international offer of Rs 89 lakh per annum in 2019 placements. 

  • A total of 110 offers were made during IIM Shillong Placements 2021. The Consulting and Strategy and Sales and Marketing sectors were top recruiting sectors.

  • IIM Shillong Placements begin in October each year.

  •  During the IIM Shillong Summer Placements 2021, the highest and the average stipend offered were INR 3 Lakhs and INR 1.38 Lakhs. 

  • In IIM Shillong Placements 2021, Goldman Sachs offered the highest package from the finance sector that stood at INR 25 LPA. 

  • Companies from the Finance sector that participated in the IIM Shillong MBA Placements 2021 include the following Aditya Birla Capital,  Bajaj Financial Services, DE Shaw, Fidelity, Goldman Sachs, HDFC Bank, HSBC Bank, ICICI Bank, JP Morgan, Nomura, RBL Bank, Ujjivan, Tresvista

  • Companies from the sales and marketing sector that participated in the IIM Shillong Final Placements include AB Inbev, Berger, Bisleri, Bytedance, Emami Agrotech, Godrej, FIITJEE, Great Learning, Group M, Inmobi, Mahindra GMC, Maruti Suzuki, Pidilite, Tata Steel, Titan, Ultratech.

  • The companies that participated in the IIM Shillong MBA Placements 2021 are Amazon, Brain Capability, Cognizant, Capgemini, Deloitte, OLA, and PwC Consultant.

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