Management Development Institute (MDI) Gurgaon completed its summer placements for the class of 2015-17 in a record two and a half days, against three and a half days for placing the entire batch last year. Indian Institute of Management - Kozhikode (IIM-K) also completed summer placements for the 349-strong class of 2017 in six and a half days, a record for the institute. Stipends across B-schools saw an increase of 20-32 per cent.
At MDI Gurgaon, a total of 98 companies participated in the process, for 241 students of the flagship post graduate programme in management and 60 of post graduate programme in human resource management.
The average stipend for the entire batch of 301 students in the two-year post-graduate programme was Rs 1.41 lakh and the highest stipend was Rs 3 lakh for two months.
Snapdeal made the highest number of offers, recruiting 17 students for various roles. The campus saw an onset of exciting new relationships with prestigious organisations including Anheuser-Busch InBev, Edelweiss Financial Services, HCL Infosystems, Hindustan Unilever, Hindustan Coca-Cola Beverages, ITC, Marico, Microsoft, Multi Screen Media, o3 Capital, and Saint Gobain.
XLRI saw 95 companies visiting for the summer internship placement process this year, with 92 companies making offers to 360 students. The highest stipend was Rs 5 lakh for two months from JP Morgan Chase. The highest stipend last year was Rs 3 lakh for two months. XLRI reported a 20 per cent increase in median stipend from the previous year. The median stipend was Rs 65,000 a month and the average stipend was Rs 70,000 a month. Some of the recruiters at XLRI across domains were The Boston Consulting Group, Accenture Strategy, Aon Hewitt, KPMG, EY, JP Morgan Chase, HUL, P&G, Nestle, Goldman Sachs, The Carlyle Group, TAS, Mahindra, and Avendus Capital.
Indian Institute of Foreign Trade (IIFT) wrapped up its summer placements for the students of the flagship MBA (international business) programme, which witnessed the largest ever batch of 262 students for the class of 2015-17. Some of the top recruiters at IIFT included Goldman Sachs, JP Morgan, ITC, Shell, Boeing, GE, Marico, Dabur, J&J CH, GSK CH, Godrej Industries, eBay, Flipkart, Microsoft, Google and Amazon.
The average stipend saw an increase of 30 per cent. The highest domestic stipend offered was Rs 4 lakh for two months. Close to 53 per cent of the batch received six figure stipends. The Tata group made a total of 25 offers on campus. The e-commerce sector hired aggressively from IIFT, with 20 per cent of the batch opting to intern in the sector. Some large recruiters included Amazon, eBay, Flipkart, Girnar Soft, Shop Clues, Zopper, Zovi and Pepper Tap.
At IIM-K, The Boston Consulting Group, a first-timer on campus, gave the top stipend of Rs 3 lakh for a two-month internship, recruiting five students. The average stipend increased 32 per cent to Rs 1.06 lakh. New recruiters included Accenture Strategy, EY, Nestle, Shell, Perfetti Van Melle, DE Shaw, Homelane, Xerox, Boehringer Ingelheim, OYO Rooms and Sony.
At MDI Gurgaon, a total of 98 companies participated in the process, for 241 students of the flagship post graduate programme in management and 60 of post graduate programme in human resource management.
The average stipend for the entire batch of 301 students in the two-year post-graduate programme was Rs 1.41 lakh and the highest stipend was Rs 3 lakh for two months.
Snapdeal made the highest number of offers, recruiting 17 students for various roles. The campus saw an onset of exciting new relationships with prestigious organisations including Anheuser-Busch InBev, Edelweiss Financial Services, HCL Infosystems, Hindustan Unilever, Hindustan Coca-Cola Beverages, ITC, Marico, Microsoft, Multi Screen Media, o3 Capital, and Saint Gobain.
XLRI saw 95 companies visiting for the summer internship placement process this year, with 92 companies making offers to 360 students. The highest stipend was Rs 5 lakh for two months from JP Morgan Chase. The highest stipend last year was Rs 3 lakh for two months. XLRI reported a 20 per cent increase in median stipend from the previous year. The median stipend was Rs 65,000 a month and the average stipend was Rs 70,000 a month. Some of the recruiters at XLRI across domains were The Boston Consulting Group, Accenture Strategy, Aon Hewitt, KPMG, EY, JP Morgan Chase, HUL, P&G, Nestle, Goldman Sachs, The Carlyle Group, TAS, Mahindra, and Avendus Capital.
Indian Institute of Foreign Trade (IIFT) wrapped up its summer placements for the students of the flagship MBA (international business) programme, which witnessed the largest ever batch of 262 students for the class of 2015-17. Some of the top recruiters at IIFT included Goldman Sachs, JP Morgan, ITC, Shell, Boeing, GE, Marico, Dabur, J&J CH, GSK CH, Godrej Industries, eBay, Flipkart, Microsoft, Google and Amazon.
The average stipend saw an increase of 30 per cent. The highest domestic stipend offered was Rs 4 lakh for two months. Close to 53 per cent of the batch received six figure stipends. The Tata group made a total of 25 offers on campus. The e-commerce sector hired aggressively from IIFT, with 20 per cent of the batch opting to intern in the sector. Some large recruiters included Amazon, eBay, Flipkart, Girnar Soft, Shop Clues, Zopper, Zovi and Pepper Tap.
At IIM-K, The Boston Consulting Group, a first-timer on campus, gave the top stipend of Rs 3 lakh for a two-month internship, recruiting five students. The average stipend increased 32 per cent to Rs 1.06 lakh. New recruiters included Accenture Strategy, EY, Nestle, Shell, Perfetti Van Melle, DE Shaw, Homelane, Xerox, Boehringer Ingelheim, OYO Rooms and Sony.