Indian Institute of Management Shillong (IIM Shillong) is the older of the second generation IIMs, established in 2007. The institute was earlier known as Rajiv Gandhi Indian Institute of Management Shillong (RGIIM) and offers postgraduate, doctoral and executive courses in the field of management along with management development. Program (MDP). According to the NIRF Rankings 2023, IIM Shillong has been ranked under the management category.

IIM Shillong is known for its international collaborations with leading universities such as NTU Singapore, IESEG School of Management, Lille Catholic University (France) and Guanghua School of Management, Peking University (China) for student exchange programmes. IIM Shillong 2 year full time MBA fee is Rs 14.60 lakh.