Summer Placements: IIM Shillong – Class of 2016
Indian Institute of Management, Shillong successfully completed its summer placement season and continued to show a positive trend despite an increase in the batch size.
This year, 57 companies made 134 offers across various domains. The highest total stipend of INR 1,50,000 was offered in the domains of General Management and Finance.
Prominent recruiters like Mahindra GMC, Aditya Birla Group, Perfetti Van Melle, Nomura, GSK Pharma, HSBC, Tata Steel, ICICI Bank, Flipkart, Wipro, Hero MotoCorp, Reserve Bank of India, Siemens, Apollo Hospitals, and L&T among others continued to show faith in the talent nurtured among the students of IIM Shillong.
Companies like Cognizant Business Consulting, HPCL, Sapient Global Markets, Future Retail, and mjunction among others were the prominent first time recruiters. Flipkart emerged as the largest recruiter with 10 offers while HSBC and ShopClues made 7 offers each. An international offer was made by an investment bank in the domain of Private Equity.
IIM Shillong again proved its strength in finance by becoming Regional Champions of the Global Investment Research Centre (GIRC), conducted by the CFA Institute for the fifth consecutive year.
The inclination towards finance was reflected in the fact that 27 per cent of the students getting internship opportunities in the finance domain. The strong interest was awarded in the form of major recruiters like JP Morgan, Nomura, HSBC, SBI Capital Markets and ICICI among others.
Moreover, several candidates chose to have their summer internship experience at start-ups rather than established organisations. This decision is in line with their own entrepreneurial ambitions and the desire to get a more hands-on learning experience of setting up and expanding a business. Start-ups from diverse sectors such as real estate, IT, branding and communications, HR consulting participated in the placement process.
Professor Sanjoy Mukherjee, Chairman, Placements, PR and Student Activities, attributed the success of the summer placement season of IIM Shillong to the institute’s growing reputation and capability shown by the students of the college.
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