Shillong (Meghalaya), May 10: IIM Shillong PGP batch of 2022-24, recorded a whooping highest CTC of 71.50 LPA resulting in an Average CTC of 26.10 LPA, which had been the primary reason for it to stand among other Premier management Institutions. With regard to its final placements for the academic year 2022-24, the institute has had remarkable success.
The 283-student class received employment offers from 87 recruiters in a variety of fields, including Consulting & Strategy, Finance, General Management, Human Resources & Operations, IT & Analytics, and Sales & Marketing. The placement statistics showed a change, with improvement observed across all categories. High median CTC of 25.67 LPA has made IIM Shillong one of the preferred among the premier institutions.
The Top 10% of students secured an average CTC of 43.15 LPA, Top 20% secured an average CTC of 38.43 LPA and Top 50% stand at 32.39 LPA. The prominent recruiters like 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 participated in the IIM Shillong placements.
The batch also 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.
The PGP 2022-24 batch also bagged PPI/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.
Consulting & Strategy emerged as the most sought-after domain, accounting for 31.5% of all offers extended. Among the roles offered were Associate, Management Consultant, Business Consultant, and Sales Transformation Consultant. Established names such as BCG, Bain & Company, Capgemini, Deloitte USI, EY India, Everest Group, McKinsey & Company, Piramal Pharma Limited, Infosys Consulting, and WNS Global reaffirmed their partnership with the institute, providing desirable positions to students. Additionally, newcomers like Accenture Technology Consulting, IBS Software, IIFL and Protiviti also joined the ranks of recruiters.
Finance sector domain accounted for 28.8% of participants secured offers for roles including Associate, Credit Risk Analyst, Equity Research, and Financial Risk Advisory, among others. Esteemed recruiters such as Axis Bank, Goldman Sachs, HSBC, ICICI Bank, JP Morgan Chase & Co., Nomura Investment Bank, Standard Chartered, Synergy Consulting, and Tata AIG remained steadfast in their recruitment efforts, hiring significant numbers from the institute.
Sales & Marketing made up 21.2% of the overall offers received. Recruiters like Berger Paints, Everest Industries, ITC, Johnson & Johnson, Grasim Industries, Pidilite Industries, and TATA Steel reaffirmed their confidence in the capabilities of the participants by recruiting extensively. Air India, Hero MotoCorp, Xiaomi, Larsen & Toubro, and TVS Motors were among the first-time recruiters.
Human Resources and Operations domain witnessed participation from distinguished companies like Aditya Birla Capital, Air India, AON Consulting, CSM Technologies, Reliance Brands Limited, TATA Steel, Vedanta, and WNS Global, accounting for 8.5% of placements this year.
The General Management domain saw increased participation from recruiters including diverse industries such as BFSI, Consulting, IT & Analytics, Manufacturing & Retail, and Technology, Media & Telecommunication. Notable names like Adani Group, IIFL, Kotak Life, and JSW Group contributed to this trend, accounting for 5% of placements this year.
IT & Analytics domain witnessed participation from recruiters including Baker Hughes, CarWale, LatentView Analytics, Merilytics, Microsoft, and Service Now. The domain accounted for 5% of the placements, with Mahindra Comviva, TA Digital, Tredence, and WNS partnering with the institution for the first time.
The institute witnessed a significant demand for roles in consulting, finance, and marketing domains. Consulting firms offered roles such as management consulting, strategy consulting, and operations consulting, while the BFSI sector recruited for roles in investment banking, corporate banking, and wealth management. The e-commerce and technology sector recruited for roles such as product management, business development, and marketing.
The highest CTC offered was 71.50 LPA, with Consulting & Strategy and Finance domains receiving the highest CTC at 46.05 LPA. 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. The institute’s focus on providing a well-rounded curriculum and fostering a culture of excellence has helped the students secure lucrative job offers from some of the most prominent recruiters in the industry.
