Average package of Rs 22.67 lakh for top 20% students of IIM Shillong

Median package was Rs 16.5 lakh, with maximum offers being made by Cognizant, Deloitte USI, ICICI Bank, JP Morgan & Chase and TATA Steel.

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The final placements of the 10th batch of IIM Shillong concluded recently, with the highest package of Rs 28 lakh and average package of Rs 16.79 lakh being offered to the 177 participants. This is an increase of 8.3 per cent from 2016-17. While the median package was Rs 16.5 lakh, the average package for the top 20 per cent and top 50 per cent of the batch was Rs 22.67 lakh and Rs 19.75 lakh respectively.

About 662 companies participated in the placement drive, with the consulting and strategy domains emerging as the most preferred. In fact, these domains made up more than 26 per cent of the total jobs offered to the students and also offered the highest package, with an average CTC of Rs 17.96 lakh. The highest number of job offers came from Cognizant, Deloitte USI, ICICI Bank, JP Morgan & Chase and TATA Steel.

The companies who participated included first time participants, such as Vedanta, Xiaomi, Bain Capability Network, Bajaj Finserv, Basix Sub-K, Carwale, eClerx, EY, Essar Group, Freudenberg, GMM Pfaudler, HDFC Bank, Henkel, Landmark Group (Splash), Markets & Markets, Maruti Suzuki, Ola Cabs, OYO, TAFE, Tredence, Trident, Ultratech Cement and TATA Power. The major names amongst the regulars were Accenture, Amazon, Cognizant, Deloitte USI, GroupM, ICICI Bank, Infosys, JP Morgan & Chase, Nomura Investment Bank, Northern Arc, RBL Bank, ShopClues, Stellium Consulting, TATA Motors, TATA Steel, Ujjivan Small Finance Bank, ValueLabs and VMWare.

The roles offered to students range from advisory, analytics, change management, consulting, corporate strategy, and investment banking to retail management, sales & marketing, strategy & operations and supply chain management.

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