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<ul><li><keyword id="63618" type="COMPANY" weightage="20" keywordseo="Indian-Institute-of-Management">Indian Institute of Management</keyword> (IIM) Shillong witnessed a whopping 73% jump in the highest salary offer received this placement season — at ₹ 48.5 lakh per annum. </li><li>The top 50% of the cohort bagged offers above ₹23 lakh. </li><li>As many as 60 companies visited the campus this year, including Cognizant, Capgemini, BirlaSoft, HSBC Bank and Thomson Reuters. </li><li>Consulting and Strategy was the most sought after domain this year, accounting for 29% of the total offers. </li></ul>Indian Institute of Management (IIM) Shillong witnessed a <a href="https://economictimes.indiatimes.com/industry/services/education/iim-shillong-finishes-final-placements-for-the-batch-of-2018-20/articleshow/74876595.cms">whopping 73% jump in the highest</a> salary offer received this placement season — at ₹ 48.5 lakh per annum. The institute said that the top 50% of the cohort bagged offers above ₹23 lakh. In fact, the average compensation also increased to ₹18.7 lakh, up by 11% as compared to last year. As many as 60 companies visited the campus this year, including Cognizant, Capgemini, BirlaSoft, HSBC Bank and Thomson Reuters among others. The list also includes first time recruiters — Aditya Birla Capital, ByteDance, FIITJEE, Mahindra &amp; Mahindra and international employers like ShopUp, and Tillomed Laboratories, hiring for operations and consulting profiles. Consulting &amp; Strategy accounts for almost a third of the total job offers As expected, consulting and strategy was the most sought after domain this year, accounting for 29% of the total offers. The sector offered the highest salary packages at an average remuneration of ₹24 lakh per annum. This includes roles like investment banking, supply chain management, advisory, analytics and corporate strategy. Other job offers came from sectors such as finance, analytics, general management, Human Resources, IT, operations, sales and marketing. The maximum number of job offers came from top multinationals like — ByteDance, Cognizant, Deloitte, JP Morgan and TATA Steel. Highest stipend at ₹3 lakh during summer placements The growing trend of summer placements and pre-placement offers too might have had an effect on the increased interest of recruiters. The graduates also secured pre-placement offers from Goldman Sachs, DE Shaw, Emami Group, Titan and more. During the summer placements too, the institute saw a 17% surge in the average stipend offered to the interns — <a href="https://www.business-standard.com/article/current-affairs/average-stipend-for-summer-internships-at-iim-shillong-jumps-17-120030601223_1.html">from ₹1.1 lakh to ₹1.3 lakh for two months</a>. The highest stipend secured by the students stood at ₹3 lakh. General management roles witnessed an increase in the number of offers as well as the stipend. On the other hand, sales and marketing was the most sought after sector during summer internships, accounting for 33% of the offers, followed by consulting profiles. See also: <a href="https://www.businessinsider.in/careers/news/iim-visakhapatnam-places-all-its-students-at-an-average-salary-of-13-lakh-highest-package-stood-at-27-lakh/articleshow/74803421.cms">IIM Visakhapatnam places all its students at an average salary of ₹13 lakh; highest package stood at ₹27 lakh</a> <a href="https://www.businessinsider.in/careers/news/these-are-the-starting-salaries-offered-to-b-school-students-in-india/articleshow/74168696.cms">These are the starting salaries offered to B-school students in India</a>

IIM Shillong witnesses a whopping 73% increase in highest package at ₹48.5 lakh

IIM Ahmedabad With 18 offers, e-commerce major Amazon has been the biggest hirer during the summer placements of the Indian Institute of Management-Ahmedabad (IIM-A). Amazon made the maximum 18 offers, followed by McKinsey &amp; Company with 15 in the consulting domain and Goldman Sachs with nine among the banks.In the general management cohort, Tata Administrative Services was the largest recruiter with 10 offers. In the consumer tech area, Sprinklr made nine offers. Good offers also came in for sales and marketing, with Hindustan Unilever making seven and Procter &amp; Gamble, SC Johnson and <keyword id="10591" type="CITY" weightage="20" keywordseo="Samsung">Samsung</keyword> making six offers each. Prominent recruiters in the investment banking and markets space included Citibank, Credit Suisse, JP Morgan, Kotak IB and Standard Chartered. Banking, financial services and insurance hirers included American Express, FinIQ, Fullerton and RBL. Accenture Strategy, AT Kearney, Bain &amp; Co, Oliver Wyman and the Boston Consulting Group represented the management and niche consulting domain. 
 
IIM Nagpur 
The highest stipend offer that was bagged by a student of the Post Graduate Programme (PGP) batch was of Rs. 1.6 lakh for a duration of two months.Vijay Phate, in-charge of placement office, said, "This year, the highest and the average stipend offered saw a significant jump. The highest stipend offered was Rs1.6 lakh, and the average stipend of the batch also increased by 24% to Rs56,900." This year more than 40 recruiters from across sectors have found IIM-N students suitable for the summer internship positions, the premier institute said in a press statement. IIM-N has seen a significant increase in number of first-time recruiters, even for the second batch of PGP students, it added. 
 
IIM Amritsar 
With Ernst &amp; Young as the top recruiter, IIM Amritsar witnessed 100 per cent placement for its largest ever batch. Ernst and Young was the top recruiter followed by ICICI Lombard, Maruti Suzuki, Shopclues, Toyota, SBI, EXIM Bank, Adani, DHFL Pramerica, PayU, IFFCO, Tega, RBI, Canara Bank and Choco-Swiss. A total of 51 companies had participated in the IIM Amritsar summer placement. While the highest stipend offered is INR 1.1 lakh, the average stipend offered is INR 49780 thus marking an increase in 49.64% in the average stipend on a year-over-year basis. 
 
IIM Shillong 
The season witnessed a highest stipend of INR 2,50,000 and an average total stipend of INR 81,000, a significant jump of 17% from the previous year. A total of 184 roles were offered across various functional domains. Sales &amp; Marketing emerged as the most sought-after domain with 36% of the total offers made to the candidates. Prominent recruiters such as Mahindra GMC, Aditya Birla Group, <keyword id="6355629" type="CITY" weightage="20" keywordseo="Google">Google</keyword>, Dabur, <keyword id="6358584" type="CITY" weightage="20" keywordseo="HSBC">HSBC</keyword>, Perfetti Van Melle, ICICI Bank, Amazon, <keyword id="28721" type="CITY" weightage="20" keywordseo="Cognizant">Cognizant</keyword> Business Consulting, Titan, GSK Pharmaceuticals, TATA Steel, Fidelity Management Research and Wipro continued to show faith in the caliber of the students. The Institute also played host to an array of new and eminent recruiters this year including ITC, <keyword id="6358918" type="PERSON" weightage="20" keywordseo="Deloitte">Deloitte</keyword> S&amp;O, Kohler, Beiersdorf (Nivea), Yes Bank, Piramal Enterprises, Cummins, VMware, Aviva Life Insurance, Lava, and Metlife. Deloitte emerged as the largest recruiter in Consulting domain offering the highly coveted Strategy and Operations profile. HSBC made the maximum offers in the Finance domain while ITC, Tata Motors and Tata Steel made the highest number of offers in Sales &amp; Marketing domain. Apart from the increasing number of offers made in FMCG, Manufacturing &amp; Retail sectors, the season also saw participation of unconventional sectors such as Healthcare and Social Sector offering Strategy and Development roles. 
 
IIM Udaipur 
Of the 181 students in the batch, 157 sought placements through the Institute while 8 students opted for the summer entrepreneurship programme offered by IIMU. A total of 46 firms made offers for summer internships, an increase of 9.5% over the previous year. While regular recruiters like General Electric, RBL Bank, Amul, Xpress Money, NMC Healthcare, Snapdeal and ICICI Bank among others continued to show their faith in the potential of the students at IIMU, eighteen new firms joined the recruiters’ list. The average stipend offered stands at INR 52,653 while the highest stipend offered jumped to INR 1,60,000, a 10% rise over the previous year. The average stipend offered to the top 10 percentile increased by 5.3% over the previous year to INR 1,30,497. The average stipend offered to top 25 percentile students stands at INR 1,06,100 and for the top 50 percentile it is INR 81,366. All figures are for the entire duration of the internship. This year also witnessed a 100% increase in the number of international placements with 14 students bagging offers outside India. The average stipend for the international placements is INR 1,08,425 for the two months excluding benefits such as accommodation, travel, and flight-tickets. 
 
IIM Trichy 
The average stipend offered for the internship period was Rs. 53,030 and the highest domestic offer was Rs. 2.50 lakhs. Roles were offered across various domains like Sales &amp; Marketing, Finance, General Management, Consulting, Strategy, Operations &amp; HR. Some of the major recruiters taking part in the process were Microsoft, Dabur, World Bank, Mahindra, Accenture, Cognizant, Deloitte, Yes Bank, etc. There was an even distribution in the companies visiting from various sectors like BFSI, Consulting, Manufacturing, IT &amp; Services, FMCG, Retail, E-commerce, Supply Chain &amp; Infrastructure. The average of the top 10% offers for the domains like Sales &amp; Marketing, General Management &amp; Finance witnessed a growth in the range of 20-25% compared to the previous year. The median stipend offered to the top 10 percentile of the batch was Rs. 1.31 lakhs and that offered to the top 25 percentile of the batch was Rs. 1 lakh.

Top summer placement offers at IIMs across the country

US tech company <a href="http://www.businessinsider.in/searchresult.cms?query=Cognizant+" target="_BLANK￿￿￿￿">Cognizant</a> has retained its first place for the third time in the list of top recruiters in India, making as many as 192 offers at various MBA institutes in the country. 
 
Moreover, three other companies — <a href="http://www.businessinsider.in/searchresult.cms?query=Wipro" target="_BLANK￿￿￿￿">Wipro</a>, <a href="http://www.businessinsider.in/searchresult.cms?query=Deloitte+" target="_BLANK￿￿￿￿">Deloitte</a> and <a href="http://www.businessinsider.in/searchresult.cms?query=HCL" target="_BLANK￿￿￿￿">HCL</a> — made more than 100 offers in these institutes. Last year, only two companies had made offers in excess of 100, an exclusive ET survey has revealed. 
 
In a testimony to the growing demand for topnotch MBA talent, India Inc's top recruiters have stepped up campus hiring by 33.5%. 
Ten of India's biggest recruiters hired a total of 1,033 MBAs from 22 top business schools ET surveyed for this study. Around 774 graduates were picked by the top ten recruiters across 21 B-schools the previous year. 
 
These numbers, in absolute terms, reflect what is easily the most aggressive MBA talent drive in the five years that the ET India's Top Recruiters study is being conducted. 
 
The ET top 10 recruiters survey results are based on data from <a href="http://www.businessinsider.in/searchresult.cms?query=IIM+Ahmedabad+" target="_BLANK￿￿￿￿">IIM Ahmedabad</a>; IIM Bangalore; IIM Calcutta; IIM Kozhikode; IIM Indore; IIM Shillong; IIM Ranchi; IIM Raipur; IIM Udaipur; Narsee Monjee Institute of Management Studies; Indian Institute of Foreign Trade; International Management Institute, New Delhi; Faculty of Management Studies, Delhi; Faculty of Management Studies, BHU; Department of Management Studies, IIT Delhi; XLRI Jamshedpur; XIM Bhubaneswar; SP Jain Institute of Management &amp; Research; IIM Rohtak; MDI Gurgaon; IIM Kashipur and IIM Trichy. 
 Meanwhile, IIT Delhi's Department of Management Studies and IIM Rohtak replaced <keyword id="3761718" type="ORGANIZATION" weightage="80" keywordseo="Jamnalal-Bajaj-Institute-of-Management-Studies">Jamnalal Bajaj Institute of Management Studies</keyword> this year. There were 21 institutes last year. 
 With one in every 20-25 technology professionals holding a master's in business administration, Sriram Rajagopal, vice president — HR at <keyword id="28721" type="CITY" weightage="100" keywordseo="Cognizant">Cognizant</keyword> Technology Solutions, says his company is probably one of the most aggressive MBA recruiters in India. 
Besides the 192 hired across the 22 business schools, the company offered jobs to more than 500 MBAs from the 2015 graduating batch. 
 
"We are in the midst of once-in-a-decade shift in the technology landscape. This trend is creating significant opportunities for B-school graduates. We believe our industry leading growth is, in part, a function of our ability to proactively provide solutions to business problems and not just technological capability and this attribute is strengthened by our MBA talent," said Rajagopal. 
 Following on the heels of Cognizant are Wipro, <keyword id="6358918" type="PERSON" weightage="100" keywordseo="Deloitte">Deloitte</keyword>, <keyword id="30331" type="CITY" weightage="80" keywordseo="HCL-Technologies">HCL Technologies</keyword>, ICICI Bank and <a href="http://www.businessinsider.in/searchresult.cms?query=KPMG" target="_BLANK￿￿￿￿">KPMG</a>. The first five companies have been regulars on the top 10 list for the past five years. 
 Moreover, the fifth position this year is shared by two. <keyword id="50041" type="CITY" weightage="80" keywordseo="KPMG">KPMG</keyword> has made a big entry into the list for the first time to be alongside ICICI Bank. The consultancy firm hired 90 students from the surveyed schools, and reported a more than 20% overall jump in its MBA intake over the past two years. 
"Our MBA intake over the past few years has increased substantially," said Shalini Pillay, head of people, performance and culture at KPMG in India. "This is commensurate with our growth across various services in the advisory space.” 
 
Rival Deloitte reported a 30% increase in overall MBA hiring over the previous year, taking in 108 graduates at the surveyed schools alone. Wipro said it strengthened its focus on hiring from select B-schools and recruited 127. HCL and <a href="http://www.businessinsider.in/searchresult.cms?query=ICICI+Bank+" target="_BLANK￿￿￿￿">ICICI Bank</a> hired 101 and 90, respectively, from the surveyed business schools. 
 
"Hiring talent from top-tier business schools through campus recruitment, thereby building a talent pipeline to create leaders for tomorrow, has been integral to ICICI Bank's recruitment strategy. This year, we have recruited 180 students from business schools across the country," said TK Srirang, the bank's senior general manager and HR head. 
 <keyword id="6370971" type="CITY" weightage="80" keywordseo="Accenture">Accenture</keyword> and <keyword id="15492" type="CITY" weightage="60" keywordseo="Vodafone">Vodafone</keyword> enhanced B-school hiring and reported a significant uptick in this year's numbers. Accenture was the top recruiter at the top three IIMs, with 49 offers, of them 21 at IIM Ahmedabad alone. 
 
"Yes, we are hiring more MBAs now. We believe that MBA talent is extremely important and a key component of our hiring and growth strategy," said Sukhpreet Kalra, associate director, recruitment, for <a href="http://www.businessinsider.in/searchresult.cms?query=Accenture+" target="_BLANK￿￿￿￿">Accenture</a> in India. 
 
Vodafone recruited 82 graduates from the surveyed schools to debut on the list at the eighth position. While Amazon led the ecommerce companies vying for fresh MBA talent, hiring 84 across the schools surveyed and moving to the seventh position from joint ninth last year. With <keyword id="541988" type="COMPANY" weightage="80" keywordseo="SnapDeal">Snapdeal</keyword> snapping up the ninth slot and making its debut on the list with 81 hires, India's largest online retailer, <keyword id="6354742" type="COMPANY" weightage="80" keywordseo="Flipkart">Flipkart</keyword>, missed out on the top 10 rankings by a whisker. 
 
Raj Raghavan, HR director at <a href="http://www.businessinsider.in/searchresult.cms?query=Amazon" target="_BLANK￿￿￿￿">Amazon</a> India, said the company has seen a 140% increase in its MBA intake over the past two years. "B-school graduates are a key part of our growth story in India and we are building a leadership pipeline for the future," he said. The company offered roles across operations, consumer business, HR and finance, and around 25% of its MBA hires came through pre-placement offers. 
 
Snapdeal, for the first time, had a large structured B-school hiring plan. It hired for roles in sales and marketing, business strategy, category management, supply chain and product management. 
 
"MBA graduates have proven to be better equipped to analyse, interpret and find actionable trends from complex data. Thus, it is crucial for us to get on board MBA talent for the company's overall business and growth strategy. We have hired around 250 MBA graduates across Indian B-schools this year," said Vice President Saurabh Nigam. 
 
Companies like Deloitte and <a href="http://www.businessinsider.in/searchresult.cms?query=Vodafone+" target="_BLANK￿￿￿￿">Vodafone</a> hired a big chunk of B-school graduates through pre-placement offers (PPOs). 
 
"In the last fiscal (year), we had about 288 interns... A majority of them went on to secure PPOs," said SV Nathan, senior director and chief talent officer at Deloitte in India. Out of the 100 B-school candidates Vodafone hired this year, 57% had been through PPOs. The focus on B-school talent is only going to sharpen for recruiters, the study shows. 
 
Amazon's Raghavan said with India becoming a major growth story for the US-headquartered company, it was looking for top talent from business schools to build a career in Amazon. 
 
(Image: Indiatimes)

Cognizant is top recruiter in India! Wipro, Deloitte, HCL, ICICI Bank and KPMG in top five

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IIM Shillong witnesses a whopping 73% increase in highest package at ₹48.5 lakh

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Top summer placement offers at IIMs across the country

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Cognizant is top recruiter in India! Wipro, Deloitte, HCL, ICICI Bank and KPMG in top five

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