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IIM Shillong Placements 2023 | Highest CTC Package At INR 71.3 LPA

Apr 1, 2023 | 4 minutes |

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IIM Shillong has once again set new placement benchmarks by successfully placing its 2021-23 batch of 235 students. The placement report for the year 2023 showcases impressive figures, recording a remarkable increase of 16.70% in the average salary offered compared to the previous year, with the highest salary reaching INR 71.30 lakhs. The institute has witnessed the participation of 63 recruiters, including some of the biggest names in the industry like Deloitte USI, Tata Steel, Bain & Co., ICICI Bank, McKinsey & Co., Axis Bank, Capgemini., Infosys Consulting, and Yes Bank. Let's delve deeper into IIM Shillong Placements 2023, highlighting the key figures and trends.

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IIM Shillong Final Placements 2023: Impressive Salary Figures

IIM Shillong has recorded a remarkable jump of 16.70% in the average salary offered at INR 26.96 LPA, with the highest salary reaching INR 71.30 lakhs. The average salary of the top 10% of the batch stood at INR 38.98 lakhs, while the top 20% and top 50% of the batch secured an average salary of INR 35.09 lakhs and INR 30.75 lakhs, respectively. The average salary of female candidates stood at INR 27.24 lakhs.  

IIM Shillong Final Placements 2023: Diversity in the Batch - PGP Class Of 2021-23

The PGP 2021-23 batch of IIM Shillong boasts of its academic and industrial experience diversity, with 40% of the batch from a non-engineering background and 72% having prior work experience. The average salary of female candidates stood at INR 27.24 lakhs, comprising 45.95% of the batch, indicating the institute's commitment to gender diversity.

IIM Shillong Placements 2023: Domain-wise Placements

  1. Consulting & Strategy continued to be the most sought-after domain, with 35% of the total offers made to the participants, followed by Finance (20%) and Sales & Marketing (17%)
  2. There was a 34.47% and 20.00% increase in the number of offers made in Consulting & Strategy and Finance respectively.
  3. There was a 29.12% increase in the highest salary offered in IT & Analytics.

IIM Shillong Final Placements 2023: Participation from Recruiters

The season witnessed participation from 63 recruiters spanning various domains. Some of the prominent recruiters that made the maximum number of offers this year were Deloitte USI, Tata Steel, Bain & Co., ICICI Bank, McKinsey & Co., Axis Bank, Capgemini., Infosys Consulting, and Yes Bank. Regular recruiters included AB InBev, Aditya Birla Capital, Aditya Birla Fashion & Retail, Affinity Global, Amagi, Axis Bank, Bain Capability Network, Baker Hughes, Capgemini, Cipla, D.E. Shaw, Deloitte USI, Ernst & Young, Goldman Sachs, HDFC Bank, HSBC Bank, IBM, ICICI Bank, Infosys Consulting, ITC, JP Morgan Chase & Co., JSW, McKinsey & Co., Microsoft, Nomura Investment Bank, Pidilite Industries, StateStreet, TATA AIG, TATA Steel, Tiger Analytics, Titan, WNS Global, and Yes Bank. First-time recruiters included Acuvate Software, Adani Group, AU Small Finance Bank, Berger Paints, Black Brix, Bluestone Jewellery, Brane Enterprises, CSM Technologies, Everest Group, EXL, Godrej Consumer Products, L&T, Licious, Manyavar, Merilytics, Mphasis, Nation with Namo, Qwixpert, ShopUp, Uber, VIP, and Yubi. Deloitte USI, Tata Steel, Bain & Co., ICICI Bank, McKinsey & Co., Axis Bank, Capgemini., Infosys Consulting, and Yes Bank made the maximum number of offers this year.

Check Out The Placements At India's Top Business Schools Here!

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As per government taxpayers' data and our assessment, only about 6,00,000 Indian taxpayers earn an annual 'salaried' income of INR 30 lacs or above. And only 11,00,000 Indian taxpayers earn a 'total' income of INR 30 lacs or more. Have you ever considered how much time it would take for you to be amongst these top 0.5% earners in India? Find out here!