IIM Shillong successfully completes its placement season

From A Reporter

SHILLONG, March 2: IIM Shillong has fortified its position as a premier B-School with the successful completion of the placement season for the batch of 2015-17. Its flagship Post Graduate Programme in Magement (PGPM) witnessed the completion of fil placement for its largest batch size till date. With its consistent performance this season, the Institute recorded a median CTC of 14 LPA whereas the highest domestic CTC stood at 24 LPA. The recruitment drive saw participations from 43 recruiters and 156 participants. The mean CTC for the batch was 14.18 LPA. Noticeably, the mean for the top quartile of the batch stood at 19 LPA and that for the top half increased to 16.62 LPA.

Sales & Marketing continued to be the most sought after domain with 30% of the total offers being made in this domain. Multiple offers were made by prominent recruiters such as Dabur, IDEA Cellular, Kohler, Piramal Enterprises, TATA Steel, Titan, GSK Pharmaceuticals, Coffee Day Beverages, TATA Motors to me a few. The season recorded an increase in the number of fince roles with noteworthy companies such as Yes Bank, ICICI Bank, RBL Bank, JP Morgan Chase & Co., HSBC, Fidelity Magement Research, Bajaj Allianz Life Insurance, SBI Bank and SBI Capital Markets offering roles to 25 percent of the candidates. Consulting emerged as the highest paying domain, with candidates grossing an average CTC of 17 Lacs per annum for offers from Deloitte (Strategy & Operations), Cognizant Business Consulting and Stellium Consulting among others.

The highest CTC of the season was offered in the Strategy & General Magement domain. Other than the regular recruiters such as Mahindra GMC and TATA Steel, companies such as Ascendas Singbridge, GroupM and Lava Intertiol representing diverse industries also recruited for this profile. BFSI and IT & Alytics once again emerged as the two most preferred sectors with 31% and 20% of the students securing offers in these sectors respectively.