IIM Shillong Class of 2017 Net Average CTC of Rs 14.18 Lakh at Final Placement


The Class of 2017 at the Indian Institute of Management Shillong managed to get an average CTC of 14.18 lakh per annum, median CTC of Rs 14 Lakh with the highest CTC at Rs 24 lakh per annum.

Recruiters numbering 43 turned up at the final placements offering positions to 156 participants, 36% by way of PPO?PPI.

The average CTC for the top 50% was Rs 16.62 lakh per annum and Rs 19 lakh per annum for the top 20%.

In sector-wise offers, BFSI topped at 31% followed by IT/Analytics at 20%, Manufacturing at 13%, E-commerce at 7% and Consulting at 6%.

In domain-wise offers, Sales & Marketing was at 30% followed by Finance at 25%, Consulting & General Management at 21%, IT/Analytics 13%, Operations 10% and Human Resources 1%.

Strategy & General Management netted the highest CTC at Rs 24 LPA. Roles were offered to 9% of the batch together by regular and first time recruiters. Prominent Indian companies such as Mahindra GMC and TATA Steel chose students to work in their Corporate Strategy Teams highlighting the quality of students.

Representing diverse industries, companies such as Ascendas Singbridge, GroupM and Lava International, hired for the domain. Lava International emerged as the largest recruiter in this domain by making multiple offers for its leadership programme.

In Consulting, 12% of the batch secured roles in this domain with the highest CTC at Rs 23.85 Lakh. Deloitte, a regular at IIM Shillong placements, recruited candidates for its coveted Strategy & Operations profile. Cognizant Business Consulting continued to hire in large numbers and Stellium consulting offered a profile in operations consulting.

Consulting also emerged as the highest paying domain, with the candidates grossing an average CTC of 17 Lakhs per annum for these roles.

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Finance emerged as a favoured choice with 25% of the batch opting for this domain. Several Banks including Yes Bank, ICICI Bank, RBL Bank, JP Morgan Chase & Co., HSBC, SBI Bank continued to recruit for multiple roles. Also, non-banking financial entities such as Fidelity Management Research, Bajaj Allianz Life Insurance and SBI Capital Markets recruited for niche profiles.

Majority of the roles offered included investment banking, global markets, capital managements, valuation, risk control, corporate & wholesale banking and equity research. The highest CTC offered was Rs 23 Lakh per annum.

Around 13% of the students were offered roles in the IT & Analytics domain with the highest CTC offer of Rs 22.15 lakh per annum. Regular recruiters such as Google, Voonik, Fidelity Management & Research, Cognizant Technology Solutions and RBL Bank were present at the placement.

IFMR Capital participated for the first time offering an analytics profile. The highest offer in this domain was made by Google while Cognizant emerged as the largest recruiter in the domain making 10 offers. The highest package offered in the domain saw a jump of 30% from last year.

Sales & Marketing continued to be the most sought after domain in this year’s recruitment season and accounted for 30% of the total offers. The highest salary on offer was CTC Rs 22 lakhs per annum. Multiple offers were made by regular recruiters such as Kohler, TATA Steel, Titan, GSK Pharmaceuticals, TATA Motors and Wipro.

The domain saw participation from both private and public sector companies with first time recruiters such as Dabur, IDEA Cellular, Piramal Enterprises, Coffee Day Beverages, DHFL Pramerica, Birlasoft, Indian Oil Corporation Ltd. and Hindustan Petroleum Corporation Ltd among others.

The offers in this domain were made from almost all the major sectors such as FMCG, Energy, Media & Entertainment, BFSI, Retail and Healthcare.

Roles in Operations domain were offered to 10% of the batch by companies from Ecommerce, Telecommunication, BFSI and Retail with the highest salary offer at CTC Rs 17.50 lakh per annum. Indian brands like IDEA Cellular, L&T and Reliance Jio participated for the first time in this year’s placement.

Long time recruiter Tata Steel continued to place faith in IIM Shillong by offering their coveted Supply Chain Management role. E-Commerce companies such as Amazon and Droom emerged as the largest recruiters in this domain.(Image source: Wikipedia.org)


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