IIM Shillong successfully completes its 9th Final Placement Season

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Shillong: IIM Shillong has fortified its position as a premier B-School with the successful completion of the placement season for the batch of 2016-18. Its flagship Post Graduate Programme in Management (PGPM) witnessed the completion of final placements for its largest batch size till date.
With its consistent performance this season, the Institute recorded a median CTC of 16 LPA, witnessing a significant increase of 14% over the last year. The highest domestic CTC stood at 26 LPA. The recruitment drive saw participation from 41 recruiters and 169 participants, while two participants would be pursuing their entrepreneurial ventures. The mean CTC for the batch stood at 15.51 LPA. Noticeably, the mean for the top 20% of the batch stood at 21 LPA, while that for the top half increased to 18.5 LPA.
The season saw a record number of increase in the number of pre-placement offers with one third of the batch receiving PPO/PPIs.
Sales & Marketing continued to be the most sought after domain with 36% of the total offers being made in this domain. Multiple offers were made by prominent recruiters such as BPCL, Beiersdorf (Nivea), Berger Paints, Dell, Delhivery, IOCL, ITC, Kohler, Piramal Enterprises, TATA Steel, Titan, TATA Motors and Value Labs to name a few.
The season recorded an increase in the number of finance roles with regular recruiters such as Fidelity Management Research, HSBC, ICICI Bank, JP Morgan Chase & Co., RBL Bank, and Yes Bank, reinforcing their trust in the institute. The season also saw participation from prominent new recruiters including Barclays, Nomura, and HDFC Bank in the finance cohort.
Consulting emerged as the highest paying domain, with the average CTC of 21 Lacs per annum. The highest CTC in the domain was offered by Deloitte- Strategy & Operations.
JP Morgan & Chase offered the highest number of offers in the Finance domain while Tata Steel offered the highest number of offers in the marketing domain. BFSI and IT & Analytics once again emerged as the two most preferred sectors with 38% and 18% of the students securing offers in these sectors, respectively.
Earlier this year, the institute successfully completed its Summer Placement season securing 187 offers with a highest stipend of INR 3,00,000.
With the institute breaking records every year, IIM Shillong continues to emerge as a much sought-after B-School in the country.