During the ceremony, the next iteration of the program, MILVEST 2025, was also announced. The enhanced version will include new components such as Corporate and Industry Orientation (CIO) and specialized short-term courses in areas like strategic HR, marketing, supply chain analytics, and entrepreneurship.
The Indian Institute of Management (IIM) Shillong, Meghalaya, marked a significant milestone with the convocation ceremony of its inaugural Management Essentials 2024 course. Organized under the MILVEST initiative, the event celebrated the accomplishments of participants from the Indian Armed Forces community, including serving and retired personnel, their spouses, and adult children.
Air Marshal Surat Singh, Air Officer Commanding-in-Chief (AOC-in-C) of the Eastern Air Command, graced the occasion as the chief guest. He officiated the ceremony and presented certificates to the graduates, recognizing their hard work and dedication throughout the course. This inaugural batch of graduates represents a critical step towards bridging the gap between military service and civilian career opportunities.
A Strategic Program for Career Transitions
The Management Essentials 2024 course is a key component of MILVEST (Military Veterans Skilling and Transformation), an initiative aimed at facilitating seamless career transitions for the armed forces community into corporate and civilian roles. The program provides comprehensive training in management and leadership, addressing the specific needs of military personnel transitioning to civilian professions.
Education with Flexibility and Accessibility
In collaboration with IIM Shillong, MILVEST, an initiative by the Sambhav Kadam Foundation, delivers high-quality education that combines flexibility with practicality. The course structure includes online webinars, recorded sessions, pre-reads, quizzes, and assignments, making it accessible for participants while ensuring they gain the skills needed to excel in the corporate world. The format allows participants to learn at their own pace, accommodating their schedules and commitments.
Real-World Exposure and Professional Enrichment
Beyond the academic components, the program offered participants a wealth of professional enrichment opportunities. These included industry visits and an HR seminar featuring prominent corporate leaders. These initiatives provided valuable real-world insights into corporate culture, industry trends, and leadership practices, significantly enhancing participants' professional skills and their understanding of the civilian job market.
Affordability and Accessibility for the Armed Forces Community
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 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 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) |
One of the standout features of the program was its structured and affordable approach, ensuring that members of the armed forces community could access high-quality education without financial strain. Participants expressed their appreciation for the program’s affordability and practical application, which contributed to its overall success.
Unveiling MILVEST 2025: New Opportunities Ahead
During the ceremony, the next iteration of the program, MILVEST 2025, was also announced. The enhanced version will include new components such as Corporate and Industry Orientation (CIO) and specialized short-term courses in areas like strategic HR, marketing, supply chain analytics, and entrepreneurship. These additions are designed to further refine the skills of participants, equipping them with the expertise necessary to thrive in a competitive job market.
Captain Vinay Singh Highlights the Initiative’s Impact
Captain (IN) Vinay Singh, the founder of MILVEST, spoke about the initiative’s critical role in addressing the needs of the 60,000 personnel who retire from the armed forces each year. He emphasized the importance of providing these individuals with the tools they need to transition successfully into civilian careers. Captain Singh also expressed gratitude to the Eastern Air Command and IIM Shillong for their unwavering support, which played a key role in the event’s success.
The ceremony concluded with a renewed commitment to empowering veterans and their families, preparing them for leadership roles and innovation in their post-military careers. The MILVEST initiative, in collaboration with IIM Shillong, continues to pave the way for military personnel to embrace new opportunities, ensuring a smooth and impactful transition to civilian life. Through continued education and skill-building, the program aims to create a brighter future for those who have dedicated their lives to serving the nation.
Read More:
Follow Shiksha.com for latest education news in detail on Exam Results, Dates, Admit Cards, & Schedules, Colleges & Universities news related to Admissions & Courses, Board exams, Scholarships, Careers, Education Events, New education policies & Regulations.
To get in touch with Shiksha news team, please write to us at news@shiksha.com
"Writing is not about accurate grammar, it's about the honest thoughts you put in it". Having a versatile writing style, Anum loves to express her views and opinion on different topics such as education, entertainme... Read Full Bio
Related News
Latest News
Next Story