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IIM Shillong Placements 2024: Highest Package at 71.5 LPA | InsideIIM

Oct 5, 2024 | 4 minutes | 0 likes

kirtika Tanwar

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IIM-Shillong’s 15th batch had 283 students graduating with an average salary of CTC 26.1 LPA reporting a slight decrease from 2023. 79% of the batch consisted of male candidates and about 45% hailed from an engineering background. 104 students of the batch were freshers. 87 recruiters hired from the campus with 46 new companies visiting the campus. The highest salary reported at the IIM-Shillong campus is 71.5 LPA offered for an IT and Analytics role. In this blog, we have highlighted the major statistics from IIM Shillong's 2024 Placement report and compared the key remuneration factors for the Batch of 2022-24 vs 2021-23.

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IIM Shillong Placements 2024: Key Placement Statistics

IIM Shillong Batch Statistics: 2022-2024

Education Background

Education Background	Percentage
Engineering	45%
Finance & Commerce	36%
Arts and Others	10%
Pure Sciences	9%

2. Work Experience

Experience Level	Percentage
Freshers	37%
12 months	18%
24 months	22%
36 months	12%
36+ months	11%

2023 vs 2024 Placements at IIM-Shillong

Metrics	Highest CTC	Median CTC	Average CTC	Top 10% CTC	Top 20% CTC	Top 50% CTC	PPOs/PPIs
2024	71.50 LPA	25.67 LPA	26.10 LPA	43.15 LPA	38.43 LPA	32.39 LPA	87
2023	71.30 LPA	-	26.96 LPA	38.98 LPA	35.09 LPA	35.75 LPA	-

The average CTC for the Top 10% of the batch increased by 9.6%.
The average CTC for Top 20% and Top 50% have witnessed a decline from 2023 of 9.5%.
The number of companies hiring from the campus increased significantly from 63 in 2023 to 87 in 2024.
Domain Wise Placement Data

Consulting and finance remained the most sought-after domains for the students. More than 50% of the batch accepted job offers from these two domains. IT became the highest-paying domain followed by consulting and sales and marketing. (Based on the highest salary offered)

Domain	% of Offers	Highest CTC	Top Companies	Roles Offered
Consulting & Strategy	32%	46.05 LPA	Accenture Strategy, Boston Consulting Group, Bain & Company, Capgemini, Deloitte USI, EY India, Everest Group, McKinsey, Piramal Pharma Limited, Infosys	Associate, Management Consultant, Business Consultant, and Sales Transformation Consultant.
Finance	29%	40 LPA	Axis Bank, Goldman Sachs, HSBC Bank, ICICI Bank, IndusInd Bank, JPMorgan Chase & Co., Kotak Mahindra Bank, MUFG, Nomura Investment Bank, Oxane Partners, Standard Chartered, Tata AIG and Willaim O’Neil	Associate, Credit Risk Analyst, Equity Research, and Financial Risk Advisory
Sales & Marketing	21%	43 LPA	Berger Paints, Cipla, Everest Industries, ITC, Johnson & Johnson, Grasim Industries, Metalbook, Pidilite Industries, Tata Steel, Adani Wilmar, Air India, Cummins, Hero MotoCorp, TVS Motors, Xiaomi	-
IT & Analytics	5%	71.5 LPA	Baker Hughes, CarWale, LatentView Analytics, Merilytics, Microsoft, ServiceNow, Mahindra Comviva, TA Digital, Tredence, and WNS	Product Manager, Business Manager, Data Analytics & Reporting, and Senior Business Analyst,
General Management	5%	30 LPA	Adani Group, IIFL, Kotak Life, JSW Group, Larsen & Toubro and Metalbook	-
Human Resources & Operations	8%	30 LPA	Aditya Birla Capital, Affinity Global, Air India, AON Consulting, Birlasoft, CSM Technologies, EcomExpress, Reliance Brands Limited, Tata Steel, Vedanta, and WNS Global	-

Sector-wise Placements

Sector	Percentage of Offers
Consulting	28%
BFSI	28%
Manufacturing & Retail	20%
IT & Analytics	12%
Technology, Media & Telecommunications	4%
Others	8%

Frequently Asked Questions

What is the highest package offered at IIM-Shillong?

Ans. The highest package offered at IIM-Shillong for the 2024 batch is Rs 71.5 LPA. 2. What is the average salary of IIM-Shillong graduates? Ans. The average salary of IIM-Shillong graduates in 2024 is Rs. 26.1 LPA. 3. What is the average percentile required for IIM-Shillong? Ans. You should target scoring at least 95% to get shortlisted for IIM-Shillong’s MBA program. Also Read: