[2] Shillong was drafted as the permanent location for the institute after consultation between the Ministry of Development of North Eastern Region (MDONER) and the Chief Ministers of the states.

[4] The admittance of the first batch of students for the Post-Graduate Programme was formally inaugurated by Dr Donkupar Roy, Chief Minister of Meghalaya, on 4 July 2008.

Participants are offered subjects from the areas of economics, finance, human resources, information technology, marketing, operations, and general management.

In addition to classroom facilitation, the course structure also includes practical learning through internships and industry visits in both countries.

Admissions for this programme are based on scores obtained through CAT, GMAT, GATE, GRE, or the Junior Research Fellowship (JRF) examination.

[10] These are short duration programmes varying from two days to six months, for working executives from the industry, education, and government sectors, held both on- and off-campus.

[11] Formerly known as the Accelerated Learning Centre (ALC), the CEDNER has been constituted to organize both short-term and long-term programmes relevant to the local community and society of the state and the region.

Courses offered at the CEDNER respond to local needs, and make institute facilities available for training people from the region during various phases of their business and entrepreneurial activity.

[12] The institute also offers programmes for faculty development at regular intervals to help familiarize with current and relevant industry trends and practices.

The former President of India, Dr A. P. J. Abdul Kalam, was a regular visiting faculty at the institute, offering courses for the second year students on a variety of subjects.

After being placed in an intensive care unit, Dr Kalam was confirmed dead owing to a sudden cardiac arrest.

The PGPEx has a MoU with Ocean University of China, Qingdao, P.R.C and (School of Management) Fudan University, Shanghai P.R.C Admission to IIM Shillong is governed by the Common Admission Test (CAT), an annual exam administered by the IIMs for selection into various business schools across India.

The library, named as the Exim Bank Knowledge Centre, has books, journals, magazines, and other information resources.

Outlook I Care has revealed the IIM Shillong Ranking 2021 and the institute is placed 11th among the country's top 50 management schools.

Prominent recruiters over the past few years for both the Summer Internships and Final Placements include Amazon, American Express, Boston Consulting Group, Beiersdorf, Bosch, D. E. Shaw & Co., Dabur, Deloitte, Egon Zehnder, Flipkart, Google, GSK, Hero MotoCorp, HSBC, Hyundai, IBM, ITC, J. P. Morgan Chase, KPMG, L’Oréal, Mahindra, MetLife, Nestlé, Nomura, Ola, Perfetti van Melle, PricewaterhouseCoopers, Procter & Gamble, Renault–Nissan, Reserve Bank of India, Siemens, Snapdeal, State Bank of India, Tata Administration Services, Volvo, and Yes Bank to name a few.

Organized jointly by the Public Relations Cell and the Placement Committee, the event sees corporate leaders from top companies address the participants on the industry and provide inputs on structuring their careers.

Every year, the event sees a massive participation of reputed golfers, corporates, and top bureaucrats who compete at the Shillong Golf Course in various categories.

The 2014 event organizer from the institute also received a TEDxChange Scholarship and represented India at TEDGlobal 2014 in Rio de Janeiro.

IIM Shillong has also initiated a number of events that are still in their nascent stages such as, the Shillong chapter of the Mensa IQ Test; PiktoTourShillong a global infographics workshop held across five destinations worldwide by Piktochart; a 5k run that flags off the Golf Cup,[29] and Nurturing Minds, a teaching initiative by the students for the local community.