SHILLONG, Feb 8: Ending things on a delightful note, the final placements of IIM Shillong for the batch 2020-22 came to a motivating end with a record increase in student absorption within the leading companies of the country.
This season, the premiere management institute saw the participation of over 70 recruiters and managed to land 100% placement for the passing out batch, which also happens to be the largest one since IIM’s inception.
It may be noted that this year’s outgoing batch consisted of 250 students, all possessing an average work experience of 15 months. The placement offers as such, also came from diverse domains including Consulting & Strategy, Finance, General Management, Human Resources & Operations, IT & Analytics, and Sales & Marketing.
While the average CTC of the batch stood at 23.10 LPA, the average package for female and male students were INR 24.05 LPA and INR 22.77 LPA respectively.
Notably, the median CTC for this batch increased by 27.35% to INR 22.28 LPA while the highest CTC from the batch shot up by 72.56% to INR 55.22 LPA.
Compared to last year, the average CTC of the top 10% batch was INR 33.18 LPA, while the average CTC for the top 20% batch stood at INR 31.31 LPA. Additionally, the average CTC for the top 50% batch increased by 16.08% to INR 26.95 LPA.
Some of the key recruiters of the season were Aditya Birla Capital, Amagi, Amazon, Bain & Co., Capgemini, Cognizant, D.E. Shaw, Deloitte USI, EY, Goldman Sachs, HSBC Bank, ICICI Group, Infosys Consulting, ITC, JPMorgan Chase & Co., Mahindra & Mahindra, Nomura Investment Bank, Optum (UnitedHealth Group), Paytm, Pidilite Industries, Tata AIA Life Insurance Co., Tata Steel, Titan, Trafigura, TresVista, Xiaomi and others.
The roles offered to the outgoing students include Area sales manager, Business Consultant, Corporate Strategy, Delivery Specialist, Equity Research, FinOps, General Management, Global Investment Research, Global Management, International Business, Investment Banking, Market Research, Operations Consulting, Pre-sales & IT Consultant, Product Management, Program Manager, Risk Advisory, Talent Acquisition and many more.
Seeing it as a major boost to the institute, IIM Shillong attributed the success of the final placements to the tremendous support of its recruiters, alumni and cooperation from all the stakeholders.