IIM Shillong Placements 2024: The ₹71.5 LPA Illusion?
Formfees
11/04/2025
(Behind the Headline Numbers – Salary Dips, Gender Gap & Consulting Dominance)
The picturesque campus of IIM Shillong has wrapped up its 2024 placements with mixed results. While the institute proudly announced a ₹71.5 LPA top package, a closer look reveals concerning trends that every MBA aspirant should know before taking that education loan.
Reality Check: The “average” IIM Shillong grad now earns ₹86,000 less than last year’s batch.
Contents
The Hard Truth: 2024 vs 2023 Placements
| Metric | 2023 | 2024 | Change |
|---|---|---|---|
| Highest Package | ₹71.3 LPA | ₹71.5 LPA | +0.3% |
| Average CTC | ₹26.96 LPA | ₹26.10 LPA | -3.2% |
| Median CTC | ₹25.67 LPA | ₹25.67 LPA | 0% |
| New Recruiters | 52 | 46 | -11.5% |
Silver Lining: 100% placement achieved for 283 students.
Where Did the Jobs Go? Sector-wise Reality
Top Paying Domains
- Consulting (35%) – Bain, McKinsey, Deloitte
- IT/Analytics (25%) – Microsoft, LatentView
- Finance (20%) – Yes Bank, Everest Group
- General Management (15%) – Jio, Baker Hughes
Red Flag:
- Zero international offers this year
- Startup participation down 40% from 2022
The ₹71.5 LPA Club: Who Really Made It?
- Only 3 students secured packages above ₹50 LPA
- All were male engineers with pre-MBA work ex
- Roles: Strategy Consulting (2), Product Management (1)
Median Reality: 50% of the batch got between ₹22-28 LPA
The Gender Divide
Despite 21% female students:
- Highest female package: ₹42 LPA (vs ₹71.5L for males)
- Average female CTC: ₹23.8 LPA (9% lower than batch average)
- Sector bias: 80% of consulting offers went to male candidates
“We’re working on diversity initiatives” – IIM Shillong Placement Chair
Summer Placements 2025: Storm Clouds Ahead?
- Highest stipend: ₹5.21L (Sales & Marketing)
- Average stipend: ₹1.98L (down 7% YoY)
- New recruiters: Mostly mid-tier firms
What This Means for MBA Aspirants
Smart Strategy:
IIM tag still ensures placement security
Don’t bank on premium packages without top-tier work ex
Gender pay gap persists in elite roles
- Target consulting/analytics for best pay
- Consider operations/HR for better work-life balance
- Develop negotiation skills to bridge gender pay disparity
💡 Alarm Bell from Alumni
“My ₹26L package sounds great until you see Shillong’s living costs + loan EMI” – PGP 2023 Grad
