The STEM program will focus on fostering entrepreneurship by equipping local business owners with essential skills and access to resources to scale up their enterprises. The program aims to address key regional challenges such as socio-economic growth, job creation, and entrepreneurial empowerment in the northeast.
On its 18th Foundation Day, the Indian Institute of Management (IIM) Shillong launched several new initiatives focused on community development, skill enhancement, and educational empowerment in the northeastern region of India. The new projects reflect IIM Shillong’s commitment to addressing regional challenges and creating sustainable socio-economic impact through strategic collaborations.
Nurturing Minds School Adoption Initiative
One of the highlights of the foundation day celebrations was the launch of the Nurturing Minds School Adoption Initiative. As part of this initiative, IIM Shillong will partner with two schools in the East Khasi Hills District—the Quidotto Memorial RCLP School and the Mawkasiang Umroh Presbyterian Secondary School.
The goal of this partnership is to enhance the learning environment, empower students, and support teachers while strengthening community ties. By offering academic resources, teacher training, and infrastructure improvements, the initiative aims to create a lasting, positive impact on education in these communities. This project aligns with IIM Shillong’s broader vision of contributing to society through value-based management education.
Skill To Enterprise Model (STEM) Program Launch
In another important development, IIM Shillong, in collaboration with the Small Industries Development Bank of India (SIDBI), launched the Skill To Enterprise Model (STEM) program. This initiative is designed to train, mentor, and provide financial assistance to 30 businesses in the northeastern states.
The STEM program will focus on fostering entrepreneurship by equipping local business owners with essential skills and access to resources to scale up their enterprises. The program aims to address key regional challenges such as socio-economic growth, job creation, and entrepreneurial empowerment in the northeast.
Northeast Enterprise Empowerment Venture (NEEV)
Another key initiative launched on the occasion was the Northeast Enterprise Empowerment Venture (NEEV) program. This program is centered on local engagement and is designed to support community enterprises in the northeast. By addressing critical challenges such as climate change, migration, and livelihood sustainability, NEEV aims to bolster regional development while promoting sustainable business practices.
Q: Is it worth doing MBA from IIM Shillong?
IIM Shillong has secured 26th position in the NIRF Ranking List 2023 under the Management category. The institute was on the same position in the year 2022 as well. Candidates can refer to the placement information showcased below to make a decision whether to go for IIM Shillong PGP or not:
| Particulars | Details |
|---|---|
| The highest CTC | INR 71.50 LPA |
| Average CTC | INR 26.10 LPA |
| Y-o-Y Increase in Average CTC | 16.70% |
Students can also check out below inforgaphic for IIM Shillong students reviews on Shiksha:
Q: Is CAT necessary for Executive MBA from IIM Shillong?
IIM Shillong offers a one-year residential Executive Master of Business Administration (E-MBA) programme called the Post Graduate Programme for Executives (PGPEx). The admission-related details of the programme are given in the table below:
Feature |
Details |
|---|---|
Eligibility |
Bachelor’s degree or equivalent from a recognised institution |
Admission Criteria |
Entrance Exam* score, Group Discussion and/or Personal Interview |
Accepted Entrance Exams* |
CAT (overall 50 percentile)/ GMAT (overall 500 score) |
Additional Qualification |
-Full-time work experience of 5 years (as of March 31, 2022) -Relaxation up to 1 year for candidates with at least 1-year field experience outside India |
Total Fee |
INR 20 lakh |
Q: Is IIM Shillong worth joining?
The 2024 placements for PGP and PGPEx concluded with the highest package of INR 71.50 LPA and INR 35 LPA, respectively. A total of 87 PPO/ PPI offers were made to the PGP students. This year, 87 companies participated in PGP placements. This includes 46 first-time recruiters. Check the complete insights of IIM Shillong placements 2024 from the table below:
| Particulars | Placement Statistics (2024) |
|---|---|
| Highest package | INR 35 LPA (PGPEx) INR 71.50 LPA (PGP) |
| Average package | INR 24.40 LPA (PGPEx) INR 26.10 LPA (PGP) |
| Median package | INR 22.80 LPA (PGPEx) INR 25.67 LPA (PGP) |
| Top 10% average package | INR 43.15 LPA (PGP) |
| Top 20% average package | INR 38.43 LPA (PGP) |
| Top 50% average package | INR 32.39 LPA (PGP) |
| Companies participated | 42 (PGPEx) 87 (PGP) |
| New recruiters | 46 (PGP) |
| Total shortlisting | 181 (PGPEx) |
| Total offers | 30 (PGPEx) |
| PPO/ PPI | 87 (PGP) |
Through mentorship, financial support, and collaboration with local industries, NEEV seeks to create lasting value and empowerment for communities in the northeast.
Foundation Day Ceremony: Key Guests and Speakers
The 18th Foundation Day ceremony of IIM Shillong was graced by a distinguished lineup of dignitaries, including the Governor of Meghalaya, C.H. Vijayashankar, and Ashish Kumar Chauhan, MD and CEO of the National Stock Exchange (NSE). Other prominent guests included Shishir Kumar Bajoria, Chairman of the Board of Governors (BoG), D.P. Wahlang, Chief Secretary of Meghalaya, and Professor D P Goyal, Director of IIM Shillong.
During the event, Shishir Kumar Bajoria delivered an inspiring address, emphasizing IIM Shillong’s ongoing efforts to serve the northeast region and its vision of becoming a globally renowned institution grounded in Indian values. He highlighted the institution’s expanding role in regional development and educational innovation.
Professor D P Goyal, Director of IIM Shillong, reflected on the institute's journey since its inception in 2008. He highlighted the growth of the institution, which now boasts a state-of-the-art campus and over 900 students, marking significant progress in providing quality management education to future leaders.
Panel Discussions: Rethinking Management Education
The foundation day event also featured insightful panel discussions on contemporary issues in management education. The first panel, titled ‘Developing Agile Leaders: Rethinking Management Education for a Disruptive and Uncertain World’, was led by Ashishkumar Chauhan and Shishir Kr Bajoria, and moderated by Professor Rohit Dwivedi. The discussion focused on how management education can evolve to develop agile leaders who can thrive in rapidly changing business environments.
A second panel on the ‘Future of Work: Management Education and Industry Expectations’ featured industry professionals such as Bhasmang V. Mankodi, Executive Director at Morgan Stanley, Ankit Bhargava, CEO of Foxberry Technologies, and Asit Jain, MD of Mahavir Beverages. The session, moderated by Atul Kulkarni, BoG Member at IIM Shillong, delved into the changing needs of the industry and how management education should adapt to better prepare students for the future of work.
Commitment to Regional Development and Sustainability
Through these initiatives, IIM Shillong continues to reinforce its role as a leader in education, entrepreneurship, and regional development. The launch of these programs underscores the institute’s commitment to addressing the unique challenges faced by the northeast region, and its drive to empower local communities and foster sustainable growth.
As IIM Shillong celebrates its 18th year, it stands poised to continue shaping the future of management education while making meaningful contributions to society, particularly in the northeast.
With its new initiatives, IIM Shillong is not only advancing its mission of academic excellence but also driving social and economic progress in the northeast. By focusing on education, entrepreneurship, and community development, the institute is paving the way for a more inclusive and sustainable future for the region. These efforts are expected to leave a long-lasting impact on both the academic and business landscapes in the years to come.
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