Final Placement at IIM Shillong for the PGP 2016-18 batch saw students drawing a median CTC of Rs16 lakh per annum, an increase of 14% over the previous year.
The highest domestic salary was Rs 26 LPA and the mean CTC Rs 15.51 LPA.
While 41 recruiters had turned up to woo the 171-member batch, 2 students opted out of the placement process for starting their entrepreneurial ventures. One-third of the batch received Pre Placement Offers (PPOs).
The mean for the top 20% of the batch stood at Rs 21 LPA. For the top half, it went up to Rs 18.5 LPA.
In BFSI, recruiters included Fidelity Management Research, HSBC, ICICI Bank, JP Morgan Chase & Co., RBL Bank and Yes Bank. Among the first-time recruiters were Barclays, Nomura and HDFC Bank.
Multiple offers were made by prominent recruiters such as BPCL, Beiersdorf (Nivea), Berger Paints, Dell, Delhivery, IOCL, ITC, Kohler, Piramal Enterprises, TATA Steel, Titan, TATA Motors and Value Labs.
An increase in the number of finance roles was seen with regular recruiters such as Fidelity Management Research, HSBC, ICICI Bank, JP Morgan Chase & Co., RBL Bank, and Yes Bank.
The new recruiters included Barclays, Nomura, and HDFC Bank in the finance sector.
BFSI and IT & Analytics were the most preferred sectors with 38% and 18% of the students securing offers in these sectors, respectively.
Consulting was also the highest paying domain offering an average salary of Rs 21 LPA. The highest salary in the domain was offered by Deloitte- Strategy & Operations.
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In BFSI, recruiters included Fidelity Management Research, HSBC, ICICI Bank, JP Morgan Chase & Co., RBL Bank and Yes Bank. Among the first-time recruiters were Barclays, Nomura and HDFC Bank.
JP Morgan & Chase came up with the highest number of offers in the Finance domain.
Sales & Marketing domain made 36 percent of the total offers. Multiple offers were made by recruiters such as BPCL, Beiersdorf (Nivea), Berger Paints, Dell, Delhivery, IOCL, ITC, Kohler, Piramal Enterprises, TATA Steel, Titan, TATA Motors and Value Labs. Tata Steel offered the highest number of offers in the marketing domain.
