How much salary can I expect after an MBA from IIM Shillong?
Posted On - Jan 21, 2023According to the placement 2023 data, an average salary one can expect from IIM Shillong is INR 26.96 LPA. The average salary is expected to increase every year by 15 - 20 percent. Last year in 2022, the average package of the students was INR 23.10 LPA and the average package increased by 16.70% in 2023.
Also, the highest salary went up to INR 71.30 LPA in 2023 and INR 55.22 LPA in 2022. From this one can understand that companies that come to IIM Shillong offer the highest package up to INR 71.3 LPA. If a student is good enough then they can also expect a salary up to 70 LPA. The highest packages offered in specific domains are as follows:
| Domains | Highest Package |
|---|---|
| Consulting & Strategy | INR 31.2 LPA |
| Finance | INR 41 LPA |
| Sales & Marketing | INR 41 LPA |
| General Management | INR 27.1 LPA |
| Human Resource & Operations | INR 34.7 LPA |
IIM Shillong is renowned not only for its strong placement record but also for its high return on investment (ROI) for students. The fee for the institute's MBA (PGP) flagship program is approximately INR 10 lakh per year, while the average salary package offered to students is above INR 15 lakh per year.
In the 2020-22 class, the institute achieved a 100% placement record for its largest batch to date, with over 73 recruiters participating in the process.
The highest salary offered increased by 72.56% to INR 55.22 lakh per year, and the average salary offered increased by 20.50% to INR 23.10 lakh per year. The average salary offered to the top 50% of the batch also rose by 16.08% to INR 26.95 lakh per year. These strong placement results demonstrate the value of an MBA from IIM Shillong and the demand for its graduates in the job market.
