Average stipend up by 37% as IIM Udaipur completes summer placements

International offers, on the other hand, increased by 138 per cent over the previous year to stand at 31 this year

Average stipend for internships rose by 37 per cent as the Indian Institute of Management (IIM) Udaipur wrapped up its summer placement process for the 2019-21 batch ahead of its final placement process for the 2018-20 batch.

The average stipend for the batch touched Rs 85,060, up by 37 per cent over last year with the highest stipend at Rs 250,000 offered in the FMCG sector. With the largest and the most diverse batch in nine years, 283 eligible candidates sought placements through the institute for summer internships. 

International offers, on the other hand, increased by 138 per cent over