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IIM Shillong records 29 pc jump in placement stipend

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SHILLONG: IIM Shillong has concluded summer placements for the 2018-20 batch, comprising of 180 students, with the highest stipend of Rs 3 lakhs and average stipend of Rs 1.12 lakhs, implying a jump of 29 per cent from last year. The top 20 per cent and top 50 per cent of the batch secured an average stipend of Rs 2.44 lakhs and Rs 1.7lakhs respectively.
The summer placement season at IIM Shillong witnessed participation from 54 recruiters, spanning various domains such as sales & marketing, strategy & consulting, general management, finance, operations and human resources, a press release said.
Sales & marketing continued to be the most sought-after domain this year, with 38 per cent of the total offers made to the participants.
As a testimony to the industries’ increasing faith in IIM Shillong’s emphasis on rigorous academics, the season witnessed participation of several prominent regular recruiters like Aditya Birla Group, Amazon, BPCL, Deloitte USI, Fidelity Investments, Google, HSBC Bank, ICICI Bank, ITC, JSW Group, Nomura Investment Bank, TATA Motors, TATA Steel, Titan, ValueLabs and Yes Bank.
The institute also hosted many first-time recruiters including AB InBev, Bajaj Finserv, Cipla, DE Shaw, Emami, GMM Pfaudler, Goldman Sachs, Henkel, Maruti, Pidilite, TATA Capital, TIW Private Equity, Ultratech, United Breweries and Xiaomi.
Amazon, Deloitte USI, HDFC Bank, Pidilite and TATA Steel made the maximum number of offers this year.

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