Indian Institute of Management - Shillong
Indian Institute of Management - Shillong

IIM Shillong Placements 2023: Highlights, Average CTC, and Top Recruiters

Shillong, Meghalaya

IIM Shillong Placement 2023 has been completed, with the enthusiastic participation of 238 students. The placement drive saw various domains out of which the Strategy & Consulting sector emerged as the domain offering the highest average compensation. Sales and Marketing closely followed it at 29%, Finance at 16%, and IT & Analytics, General Management, and Human Resources & Operations, each accounting for 10% of the average compensation offered.

IIM Shillong also organized summer internships for students. IIM Shillong offered an impressive stipend package, with the highest amount reaching INR 4,75,000. The internship program showcased a strong average and median remuneration, with figures reaching INR 2,06,075 and INR 2,00,000 respectively. The placement drive witnessed the active participation of 67 prominent recruiters, including 37 new recruiters, reaffirming the institute's strong industry connections and the interest of companies in engaging with IIM Shillong students. 

EXL, Infosys, Manyawar, Uber, Adani, Amagi, Jio, and Mahindra emerged as some of the top recruiters at IIM Shillong. IIM Shillong extended placement opportunities to candidates pursuing the Postgraduate Program for Executives (PGPEX). The batch of 2023 witnessed the enrollment of 43 participants, with an average work experience of 7.5 years. Out of these, 37 students successfully secured placements through the institute. 

IIM Shillong Placements 2023: Batch Profile

IIM Shillong Placements 2023 witnessed the enthusiastic participation of a total of 238 students. Among the participants, 55% were males, and 45% were females. The students displayed rich diversity in their educational backgrounds, with 59% hailing from engineering disciplines. Additionally, 17% of the students specialized in finance, commerce, and other diverse fields. A notable 7% of the students were from the field of pure sciences.

A significant proportion of students, 42% to be precise, possessed domain experience in the vibrant realm of IT and Analytics. It was followed by 15% in finance, 12% in sales and marketing, 12% in operations, and 7% in strategy. The remaining 12% were from other domains, showcasing the varied interests and expertise of the students. Furthermore, 27% of the students brought 24 months of invaluable professional experience to the table, contributing to the enriching dynamics of the placement process. The following table mentions the varied work experience of the candidates:

Months of experience 

Percentage of Students

Freshers

27%

24 Months

27%

36 Months

22%

More than 36%

12%

12 Months

12%

IIM Shillong Placement Overview 2023

IIM Shillong students were offered the highest CTC of INR 71.30 LPA. The Subsequent Median and average CTC at IIM Shillong were INR 26.09 LPA and INR 26.96 LPA respectively.  Yearly there is a 16.70% increase in the average CTC. The placement drive saw the participation of 63 prominent recruiters with 26 new recruiters. And there were 85 pre-placement candidates. Below is the spread of the Average CTC at IIM Shillong:

Top Percentiles

Average CTC

Top 50%

INR 30.82 LPA

Top 20%

INR 35.35 LPA

Top 10%

INR 39.68 LPA

IIM Shillong Placement 2023

IIM Shillong Domain-wise Placement offers 2023

IIM Shillong students received the highest offers from Consulting and Strategy (35%). Following that were the domains of Finance (20%), Sales & Marketing (17%), IT & Analytics (16%), General Management (7%), and  Human Resources & Operations (5%).

IIM Shillong sector-wise Placement offers 2023

IIM Shillong saw students getting 31% offers from the consulting field. Below is the graph for the same:

IIM Shillong Sector- Wise Placements 2023

IIM Shillong Domain-wise Placement Highlights 2023

IIM Shillong provides placements in Consulting and Strategy, Sales and Marketing, Finance, General Management, Human Resources and Operations, and IT and Analytics. The following table provides the details of different domains, recruiters, and the highest CTC offered:

Domains

Highest CTC

Prominent Recruiters

Consulting & Strategy

INR 31.2 LPA

Bain & Company, Capgemini, Deloitte USI, EY, and IBM

Sales & Marketing 

INR 41 LPA

Affinity, Atomberg, Capgemini, Cipla, ITC and Pidilite Industries 

Finance

INR 41 LPA

Axis Bank, Goldman Sachs, HSBC, D.E. Shaw, and HDFC Bank

General Management

INR 27.1 LPA

AB InBev, Adani Group, Aditya Birla Capital and JSW Steel

Human Resources & Operations 

INR 34.7 LPA

AU Small Finance Bank Ltd., Cipla, D.E. Shaw, and Larsen & Toubro

IT & Analytics

INR 71.3 LPA

Amagi, Axis Bank, Baker Hughes, Capgemini, CarWale, and Jio Platforms

IIM Shillong Summer Internships 2023

IIM Shillong experienced the active participation of 283 students in its summer internship program. Among the participants, a majority of 79% were males, while 21% were females. In terms of educational background, Engineering emerged as the primary field of study, with 45% of the students specializing in this discipline. Following it, 36% of the participants came from the finance and commerce sectors. Pure science constituted 10% of the students. The remaining 9% represented various other fields. The student's internship experiences also varied:

  • Notably, 32% of the students focus on IT And Analytics. 
  • Sales & Marketing accounted for 14% of the students,
  • While 13% pursued internships in the finance domain. 
  • Strategy & Consulting attracted 9% of the participants. 
  • HR & Operations encompassed 3% of the students.
  • The remaining 29% of the students explored other domains. 

Furthermore, a subset of students possessed valuable work experience ranging from 24 months to 36 months, bringing their practical insights to the internships. Among them, 24% had an experience of 24 months, as depicted in the graph below:

IIM Shillong Summer Internship Batch Profile 2023

IIM Shillong Summer Internship Overview 2023:

IM Shillong presented an impressive stipend package with the highest amount offered at INR 4,75,000. The iIIM Shillong internship program exhibited a strong average and median remuneration, with figures reaching INR 2,06,075 and INR 2,00,000 respectively. The average stipend has experienced an increase of 18.86%. The placement drive witnessed the participation of 67 prominent recruiters, including 37 new recruiters. Among the various domains, the Strategy and Consulting sector emerged as the domain offering the highest average compensation. Following closely behind were Sales and Marketing at 29%, Finance at 16%, IT and Analytics, General Management, and Human Resources and Operations, each accounting for 10% of the average compensation offered. Below is the average Top CTC Spread:

Top Percentiles

Average CTC

Average Stipend of Top 10%

INR 3,88,143

Average Stipend of Top 20%

INR 3,57,368

Average Stipend of Top 50%

INR 2,65,770 

The following graph shows the sector-wise offers:

IIM Shillong Sector Wise Summer Internship 2023

IIM Shillong Summer Internship Domain Highlights 2023

Sales and Marketing was the most sought-after domain during IIM Shillong placements, corporating 29% of the total offers made. Students were also offered internship opportunities in the finance sector (15%). And General Management encompassed 10% of the total offers made. Below is the table of different domains, prominent recruiters, and the Highest Stipend offered at IIM Shillong:

Domain Name

Highest Stipend

Prominent recruiters

Consulting & Strategy 

INR 4,75,000 

Bain & Company, Capgemini, Deloitte USI, and McKinsey & Company

Sales & Marketing 

INR 3,60,000 

Atomberg, Cipla, ITC, Manyawar, Metalbook and Pidilite Industries

Finance 

INR 3,92,000

D.E. Shaw, Goldman Sachs, HSBC Bank, ICICI Bank, and JP Morgan Chase & Co.

General Management

INR 3,20,000

AB InBev, Aditya Birla Capital, ASK Group, and Johnson & Johnson

Human Resources & Operations

INR 3,92,000 

Everest Industries,Cipla, D.E. Shaw, Fujitsu, and Elastic Run

IT & Analytics

INR 2,46,000

Baker Hughes, Elastic Run, IDFC First Bank, JM Financial Services Ltd., and LatentView

IIM Shillong Placements 2023: Top Recruiters

EXL, Infosys, Manyawar, Uber, Adani, Amagi, Jio, and Mahindra are some of the top recruiters at IIM Shillong. Below mentioned are IIM Shillong's top recruiters:

IIMShillongTop_Recruiters2023

IIM Shillong Postgraduate Program for Executives (PGPEX) Placements 2023

IIM Shillong provides placement opportunities for PGPEx students. The batch of 2023 saw candidates with an average work experience of 7.5 years. A total of 43 participants enrolled for the placement drive, out of which 37 students were successfully placed through the institute. It opened doors for both candidates and recruiters to interact and find their fit. Recruiters from various sectors like IT Consulting, Finance, Operations, Sales, Product Management, Business Consulting, and Healthcare were present. IIM Shillong also witnessed new recruiters like e Jindal Stainless, ICICI Bank, Hexaware, and the JSW Group. Below is the table of Average, Median, and Highest CTC offered:

CTC

Package

Highest CTC

INR 43.92 LPA

Median CTC

INR 26 LPA

Average CTC

INR 25.58LPA

IIM Shillong Postgraduate Program for Executives (PGPEX) Placements 2023: Top Recruiters

Some of the companies associated with IIM Shillong for placements and internships are Accenture, Jio, Reliance Industries Limited, and Polestar among others. Below are some of the top recruiters of the PGPEx course at IIM Shillong:

IIMShillongPGPExTopRecruiters

 

Frequently Asked Questions (FAQs)

What was the highest CTC offered in IIM Shillong Placements 2023?

The highest CTC offered at IIM Shillong was INR 71.30 LPA.

How much was the average CTC in IIM Shillong Placements 2023?

The average CTC provided at IIM Shillong was 26.96% LPA.

Which domain received the highest offers in IIM Shillong Placements 2023?

Consulting and Strategy domain received the highest offers at IIM Shillong, accounting for 35% of the total.

What was the highest stipend offered during the summer internships at IIM Shillong?

The highest stipend offered at IIM Shillong was INR 4,75,000.

Who are the top recruiters at IIM Shillong?

Some of the top recruiters at IIM Shillong were EXL, Infosys, Manyawar, Uber, Adani, Amagi, Jio, and Mahindra.

How many students from the PGPEx program at IIM Shillong were successfully placed in 2023?

Out of 43 participants, 37 students from the PGPEx program at IIM Shillong were successfully placed in 2023.

 

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