IIMB sets a record on summer placements

 The summer internship programme is considered a course requirement in the flagship two-year postgraduate management programme offered by the IIMs.

 Students spend eight weeks in internships with companies and get to learn the intricacies of various industries ranging from FMCG to banks, which in turn help them decide the future course in their respective careers.

 Unlike final placements, the Summer Internship process at management schools typically stretches for over three months, with only about two-thirds of the batch being placed in the first weekend.

 However, this year a resurgence of interest amongst companies for the Summer Internship Programme at IIMB saw over 90 companies register.

 Ultimately, 70 companies that were scheduled in four slots from November 13-17, made a total of 243 offers to recruit the entire first year batch of 204 students for summer internships in India and abroad.

 There were 24 international summer internships offers made by 6 firms - National Kidney Foundation Singapore (11), Lehman Brothers (4), Deutsche Bank (4), Olam International (2), Procter and Gamble (2), HSBC (1) - while the remaining 219 offers were for summer internships in India.

 According to Prof. Ganesh Prabhu, chairperson-placements, IIMB,