IIM Shillong’s latest placement drive for the PGP batch of 2022-24 has made waves in the industry, with the institute achieving its highest-ever placement offer of Rs 71.50 lakh per year. This remarkable feat, coupled with an impressive average CTC of Rs 26.10 lakh per annum, strengthens IIM Shillong’s position among the top management institutions in the country.
With a strong focus on academic excellence and holistic development, the institute continues to attract leading recruiters across numerous industries, showcasing the calibre of its students and the effectiveness of its placement strategies. This achievement highlights the confidence that companies place in IIM Shillong graduates and reaffirms the institute’s commitment to producing future leaders in the corporate world.
“Overall, the placements reaffirmed the institute’s standing in the industry and the student’s capabilities. IIM Shillong’s successful placement season for the batch of 2022-24 is a testament to the institute’s commitment to providing quality education and training to its students”, stated the institute.
The 283-student class got job offers from 87 recruiters in a multiple fields, including Consulting & Strategy, Finance, General Management, Human Resources & Operations, IT & Analytics, and Sales & Marketing. The placement data showed a change, with improvement observed across all categories.
The top 10 per cent of students secured an average CTC of 43.15 LPA, the top 20 per cent secured an average CTC of 38.43 LPA and the top 50 per cent stood at 32.39 LPA.
Among the significant recruiters, which participated in the IIM Shillong placements are Adani Wilmar, Aditya Birla Capital, ADP, Affinity Global, Anicut Capital, Accenture Strategy, Axis Bank, Bain & Company, Capgemini, Cipla, Deloitte USI, EY India, Goldman Sachs, Grasim Industries, Hero MotoCorp, HSBC Bank, ICICI Group, Infosys Consulting, ITC, JP Morgan Chase & Co, Mahindra Logistics, McKinsey & Company, Microsoft, Nomura Investment Bank, Pidilite Industries, Tata AIG, TATA Steel, Tiger Analytics and WNS.
The batch welcomed first-time recruiters, including Accenture Technology Consulting, Arvind Fashions, Aon Consulting, Cognizant, Cummins India, IBS Software, IndusInd Bank, IIFL, Manyavar, Merilytics, Protiviti, Reliance Brands Limited, Ǫwixpert, Standard Chartered, Synergy Consulting and TVS Motors.
Besides, the PGP 2022-24 batch bagged PPI or PPO opportunities from Accenture Strategy, Aditya Birla Capital, Air India, Atomberg Technologies, Baker Hughes, Boston Consulting Group, Bain & Company, Cipla, Berger Paints, Deloitte USI, Everest Group, Goldman Sachs, HSBC, ICICI Group, IDFC First Bank, ITC, Johnson & Johnson, JSW Group, JP Morgan Chase & Co, Kotak Life, Mahindra Comviva, Metalbook, Nomura, Oxane Partners, Pidilite Industries, TATA Steel, ServiceNow and Synergy Consulting.
In the latest placement drive, Consulting & Strategy emerged as the top choice, comprising 31.5 per cent of all offers. Renowned firms like BCG, Bain & Company, and McKinsey & Company continued their association with the institute, offering coveted positions such as Associate, Management Consultant, and Business Consultant. New entrants including Accenture Technology Consulting and Protiviti also joined the ranks.
Finance followed closely behind, accounting for 28.8 per cent of placements. Companies like Goldman Sachs, JP Morgan Chase & Co, and ICICI Bank recruited for roles such as Credit Risk Analyst and Equity Research. Sales & Marketing constituted 21.2 per cent of offers, with firms like ITC and Johnson & Johnson extending offers for roles like Brand Management and Sales.
Human Resources and Operations saw participation from companies like Aditya Birla Capital and TATA Steel, making up 8.5 per cent of placements. General Management and IT & Analytics each accounted for 5 per cent of placements, with diverse industries represented.
Overall, there was a notable demand for consulting, finance, and marketing roles, with companies offering positions ranging from management consulting to product management.