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Questions Asked On IIM Shillong, Shillong
Is it that valuable doing the MBA from IIT Delhi as compared to IIM Shillong?
I will do a brief comparison between the MBA programs of the 2 institutes based on common parameters and leave the final call for you to make
- Brand value: IIT Delhi enjoys international recognition while IIM Shillong offers the much coveted IIM tag. However, being a new IIM, its tag does not hold much value in comparison to IIT Delhi's tag.
- Fees: The MBA program offered at IIM Shillong costs a whooping ?14.6 Lakhs while that at IIT Delhi costs around INR 10.4 Lakhs saving you a few Lakhs.
- Location: Due to its central location, IIT Delhi offers much more opportunities in terms of exposure and placements. Located near the IT hub Gurgaon, it attracts many startups that come with internship offers. IIM on the other hand is located in the North Eastern part of India and lacks the necessary industrial touch.
- Infrastructure: IIT Delhi is one of the oldest IITs lacks in terms of infrastructure when compared to the newly built IIM Shillong which has a dreamy campus.
- Top sectors: IIT Delhi is well known for its specialization in IT/Consulting, and Operation whereas IIM Shillong’s top sectors are Sales & Marketing, Finance, and Consulting.
Now weigh the pros and cons of both and make a wise decision based on the same.
Is IIM Shillong a tier 1 B-school?
IIM Shillong was established in 2007 as the 7th Indian Institute of Management, located in the North-East region of India. The programs offered at this institute include postgraduate diplomas, executive diplomas, and doctoral programs. The admission process at IIM Shillong is similar to other IIMs, with applicants being evaluated based on their scores on exams such as the CAT, GMAT, GATE, and GRE. Candidates for doctoral programs are also shortlisted based on their performance in the Junior Research Fellowship (JRF).
Tier 1 MBA colleges in India are among the highest-ranked management institutes in the country, and many of their students secure positions at top companies. These colleges are highly competitive and have a strong brand value, which can be beneficial for students as they begin their careers. Although IIM Shillong is considered a tier 1 b-school, it does not rank among the top 10 in India. The top 10 tier 1 MBA colleges in India typically include IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Lucknow, FMS Delhi, XLRI, IIM Kozhikode, SP Jain, Jamnalal Bajaj, and IIM Indore. Some people may also consider the Indian School of Business (ISB) to be a top tier 1 MBA college due to its one-year program.
What is the average package at IIM Shillong?
Indian Institute of Management Shillong (IIM Shillong) has a reputation for both its strong placement record and its high return on investment (ROI). The MBA (PGP) program at IIM Shillong has a fee of INR 10 LPA, and students have received an average package of above INR 15 LPA. The institute recently completed its final placements for the 2020-22 class, with a 100% placement rate for its largest batch since the school's founding. Over 73 recruiters participated in the placement drive, and the highest CTC increased by 72.56% to INR 55.22 LPA, while the average CTC increased by 20.50% to INR 23.10 LPA. The average CTC for the top 50% of the batch also increased by 16.08% to INR 26.95 LPA.
In addition, IIM Shillong released its placement report for the Post Graduate Programme for Executives (MBAEE), in which 15 students participated. The highest CTC offered was INR 32.2 LPA, and the average CTC was INR 21.71 LPA. The institute also released its summer internship placement report for its 14th batch, in which 240 students received internship offers from 66 participating recruiters. The highest stipend offered was INR 3.5 Lakhs, and the average stipend increased by 26.02% year-over-year to INR 1.73 Lakhs. Overall, IIM Shillong continues to demonstrate strong placement and salary outcomes for its students.
Which is the best institute for an MBA, IIM Shillong, MDI Gurgaon or NITIE Mumbai?
Among these, NITIE Mumbai is the best institute for an MBA. It is considered the Mecca of Operations and SCM. The Ops and SCM job profiles offered at NITIE Mumbai placements are even better than the ones offered from these sectors at IIM ABCL. The final placement record for 2022 showed the average CTC is INR 24.51 LPA. Highest CTC offered this year was INR 49 LPA.
Locational benefits, a huge alumni base, and a stellar placement record are some of the other factors that work in favor of NITIE.
How much salary can I expect after an MBA from IIM Shillong?
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.
How is the summer placement scenario at IIM Shillong for the 2019-2020 batch? Is IIM Shillong able to place the entire batch?
IIM Shillong placement cell is not very helpful. The placement records shown are edited. Students do not get a return of what they had paid for. The placement committee is responsible for conducting a well-organized placement drive. The committee tells all the recruiting companies that they have got the first slot. Students are also forced to carry out this lie.
According to the official website, the summer placement highlights for 2021 are as follows.
- The highest CTC offered this year was around 3 lakhs. While the average CTC offered was around 1.31 lakhs. The average CTC has witnessed a 17% jump from last year.
- The average stipend received by the top 20% and top 50% of the batch was 2.36 LPA and 1.67 LPA respectively.
- A total of 68 recruiters participated in the campus drive spanning across different domains.
- Sales and Marketing remained the most sought-after domain, with 33% placement offers. Consulting & Strategy (24%) and Finance (17%) were the following domains.
- Aditya Birla Group, AB InBev, Cognizant, Emami Group, Goldman Sachs, Google, ICICI Bank were among the regular recruiters.
- IBM, Brain Capacity Network, Deloitte India, Pepsico are some of the first-time recruiters that participated in the 2021 summer placements.
- This summer placement witnessed a 100% increase in the number of offers made in General Management.
The placement record of IIM Shillong is expected to be transparent to students in the future so that they can make the right decision.
How good is IIM Shillong as compared to IIFT Delhi?
It is true that IIFT Delhi has a strong reputation and a good placement record. Over the past three years, students have consistently earned an average salary package of INR 20 LPA or higher. In the latest placement drive for the 2020-22 batch of the MBA (IB) program, IIFT Delhi achieved 100% placements with 82 companies participating. The highest international CTC was INR 80 LPA, the highest domestic CTC was INR 46.5 LPA, and the average CTC was INR 25.16 LPA. Approximately 25% of the students were placed in the consulting domain.
When choosing a business school, it's important to consider factors such as placements, alumni support, exposure to the industry, and available resources like libraries and research papers. Location can also be a factor, as being in Delhi may provide more opportunities for exploration and connection with potential employers compared to Shillong. Ultimately, it's important to weigh all of these factors and choose the school that best meets your needs and goals.
What is the point joining IIM Shillong?
Good academics, cushy placement packages, and enviable campus experience are some of the reasons for joining IIM Shillong. The faculties and the quality of education offered at the institute are better than the other new IIM. IIM Shillong placements 2022 ended with an average CTC of around INR 23.10 LPA.
IIM Shillong campus is beautiful. Clouds floating inside classrooms during lectures are a regular occurrence. You will love being on campus.
Is it worth doing the PGPEx Program from IIM Shillong?
The Indian Institute of Management Calcutta (IIM Calcutta) offers a Post Graduate Program for Executives in Visionary Leadership in Manufacturing (PGPEX-VLM). This program is designed to meet the current demand for leaders in the manufacturing industry who have a combination of technical and managerial skills and are able to navigate the challenges presented by businesses that rely heavily on information and aim to achieve the "Triple Bottom Line".
On the other hand, the Rajiv Gandhi Indian Institute of Management Shillong (IIM Shillong) has partnered with the Ocean University China (OUC) in Qingdao to offer a Post Graduate Program for Executives in Managing Business in India and China (PGPEx-MBIC). This program provides general management education in the context of emerging economies, focusing on the host countries of India and China, and aims to prepare leaders to conduct business in these economies uniquely.
Which is a better option, MDI Gurgaon or IIM Shillong?
MDI Gurgaon is a better option. It has a better location and offers good placement and return on investment. It is situated close to a major city. So, you will get better opportunities in terms of placements, internships, live projects, etc.
It has a great placement record. During MDI Gurgaon placements 2022, more than half of the batch received salary package of INR 25 LPA. The average CTC for the whole batch was INR 23 LPA.
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