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IIM Shillong final placements 2011: 43% get BFSI jobs, 3 get international offers

IIM

The second batch of 66 students of the Rajiv Gandhi Indian Institute of Management (IIM), Shillong completed its placements with recruitment by 24 companies. Of these, 16 companies were first time recruiters.

One-third of all the job offers happened after interviews conducted over video conferencing this year owing to the relative inaccessibility of Shillong.

There were four pre-placement offers and 27% of the batch were recruited laterally. One student has opted out of the placements and as per IIM Shillong the reason is entrepreneurship.


No. of students

66

Opt-outs 1
Students appearing for placements 65

No. of offers

68

Average offers per student 1.05

Companies Participating

24

Mean Salary (Domestic)

Rs 11.51 lakhs

Highest Domestic Offer

Rs 18 lakhs

While the highest international offer was made by the Triton Group, with a salary of US $ 65,000, the location of the highest international offer is ‘not known’ says a spokesperson from the IIM Shillong Placement Committe. The highest domestic offer was Rs 18 lakhs and made by an international financial institution. There were a total of three international offers made this year on campus.

The range of profiles in finance, which constituted 43% of all offers, were in Investment Banking, Equity Research, Project Advisory, Consumer Banking, Wholesale Banking and Capital Markets. The recruiters in this sector were Nomura Investments, Standard Chartered, HSBC, ICICI Bank, YES Bank, DE Shaw and SBI Capital.

Procter & Gamble recruited for the first time, offering profiles across Product Supply and Customer Business Development functions. Other than P&G; in FMCG sector, Godfrey Phillips India offered roles in marketing. From the TATA Group, companies like Titan and Tata Steel made offers in the areas of marketing and supply chain. Pharma sector was represented by Pfizer, Indofil Chemicals & Biocon.

Consulting firms like Deloitte and PwC made a total of 11 offers in the areas of Technology Risk and Business Consulting. With participation from companies like Hewlett Packard, Wipro, Suzlon, InfoEdge and Sonata Software, around 8% of the students were offered roles in IT and related domains. YES Bank, IBM, Indofil Chemicals and Hyundai offered niche roles in HR to the students. Companies like GSK Pharma, HDFC Bank, HCL, Shipping Corporation of India, Zee Learn, Bank of Baroda, Future Group, SREI, Sage Publications, Kohler, IMRB, OIL India, Berger Paints, Emami and NCDEX showed interest in recruiting from IIM Shillong.

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