IIM Shillong completes final placements on new high

SHILLONG: IIM Shillong has fortified its position as a premier B-School with the successful completion of placement season for class of 2016. Its flagship Post Graduate Programme in Management (PGPM) witnessed the completion of final placement for its biggest batch size in a record time and with record offers. 137 students secured 142 offers made by 41 recruiters. The median CTC for the year stood at a record 14 LPA, compared to 12.59 LPA for the previous year. The highest domestic CTC offered was 23.35 LPA while the overall was 25 LPA. The mean CTC for the batch was 14 LPA with the top quartile of the batch having a mean of 18.15 LPA and that for the top half at 16.54 LPA. Another highlight of this year’s placement process was marked by the fact that more than 45% of the batch was made offers by the top 5 recruiters on campus. Sales & Marketing emerged as the most preferred domain with 31% of students opting for various S&M roles. The highest CTC in this domain was 21 LPA, top recruiting companies being Google, L’Oréal, Tata Steel, Tata Motors, Titan, GSK Pharma and Voonik. Finance constituted 19% of placements from firms such as ICICI Bank, RBL Bank, JPMC, HSBC and SBI Bank. Consulting and General Management had a highest CTC of 23.35 LPA with offers from Deloitte (Strategy & Operations), Mahindra GMC, Cognizant (Business Consulting), Wipro and ZS Associates. BFSI and IT/ITES/Analytics once again emerged as the two most preferred sectors with 27% and 31% of the students taking up offers in these two sectors respectively.