Home National News IIM Shillong concludes summer internship drive, with highest stipend at Rs 3...

IIM Shillong concludes summer internship drive, with highest stipend at Rs 3 lakh

The summer placement season at IIM Shillong witnessed participation from 70 recruiters. Sales and marketing continued to be the most sought-after domain this year with a whopping highest stipend of Rs 3 lakhs.

Shillong, March 16, 2021: IIM Shillong has successfully completed its summer placements for the 2020-22 batch, the largest batch in the Institute’s history with 250 students.

The highest stipend was Rs 3 lakhs, and the average stipend stood at Rs 1.38 lakhs for two months, which witnessed an upward movement of 5% from last year.

Image: IIM Shillong

The top 20% and top 50% of the batch secured an average stipend of Rs 2.38 lakhs and INR 2.11 lakhs, respectively.

A whopping 56% of the batch secured a 6-digit stipend, and the average stipend of the top 50% of the batch witnessed an increase of 27%.

Summer placement at IIM Shillong

The summer placement season at IIM Shillong witnessed participation from 70 recruiters, spanning across several domains such as Consulting & Strategy, Finance, General Management, Human Resources, IT & Analytics, Operations and Sales & Marketing. Sales & Marketing continued to be the most sought-after domain this year, with 40% of the total offers made to the participants, closely followed by Consulting & Strategy.

The number of offers in the General Management and HR & Operations domains saw an enormous increase of 71% and 90%, respectively.

Huge batch size at IIM Shillong

This year saw an increase of more than 20% in the batch size, and as a testimony to the recruiters’ increasing faith in IIM Shillong’s emphasis on rigorous academics, the season witnessed participation from several prominent recruiters like AB InBev, Amazon, Bain Capability Network, BPCL, Cipla, Cognizant, D.E. Shaw, Deloitte USI, Emami Group, Goldman Sachs, Google, HSBC Bank, IBM, ICICI Bank, ITC, JSW, Nomura Investment Bank, Pidilite Industries, PepsiCo, TATA Steel, Titan, Xiaomi and Yes Bank.

The institute also hosted many first-time recruiters, including Aditya Birla Capital, Amagi Media Labs, EY, GamaSec, Godrej, IDFC First Bank, Lubrizol, Mahindra GMC, Microsoft, United Health Group (Optum), Shell and Udaan.

Image: IIM Shillong

Unique roles and diverse fields of placement

The PGP 2020-22 batch of IIM Shillong, which proudly boasts of its academic, gender and industrial experience diversity, has been offered several roles ranging across Advisory, Analytics, Change Management, Consulting, Corporate Strategy, Equity Research, Global Investment Research, Global Management, International Business, Investment Banking, Market Research, Product Management, Supply Chain Management and Talent Acquisition. The season also witnessed an increase in offers in the Product Management role owing to the growing interest in the field among the students. Category Management, Cybersecurity Consulting, Demand Generation, and Digital Transformation were some of the new unique roles offered in this season.

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