City News Gathered

Summer Internship At IIM Indore With 12% Hike In Stipend


The average stipend granted to students of Indian Institute of Management Indore by companies offering summer internships this year is at Rs 1.68 lakh per month, up 12% from Rs 1.5 lakh last year, said officials. 

Female students on an average have received a 24% higher stipend than their male counterparts in the summer internship placements, officials said. The highest stipend offered was Rs 4 lakh, the same as the previous year.

IIM Indore has the biggest batch strength of 589 students in the class of 2021, including 258, or 44%, girls.

“Placing the largest number of students across all IIMs for the summers is a big task,” said Himanshu Rai, director of IIM Indore. “Our students are among the brightest in the world, and the summer placement offers are a testimony to that.”

More than 160 recruiters, including Amazon, Google, Boston Consulting Group, Ernst & Young, Deloitte USI, Hindustan Unilever, Aditya Birla Group, Goldman Sachs, and OLX participated in the placement process this year where 21% of the batch received offers for profiles in analytics and e-commerce domain.

39 companies are visiting the campus for the first time, including Adani Group, Capgemini (ELITE), Diageo, GEP Consulting, Microsoft, Reckitt Benckiser, Salesforce, Walmart Labs, and Xiaomi.

Companies offering roles in analytics and e-commerce included Blackbuck, Cisco,, Salesforce, Udaan, and Walmart Labs.

Recruiters in the BFSI domain included Barclays, Credit Suisse, Deutsche Bank, JPMorgan Chase, Edelweiss, HSBC, and State Street.

Prominent recruiters in the consulting domain this year included Avalon Consulting, Bain Capability Network, and PwC.

In the sales and marketing domain, companies like Aditya Birla Fashion Retail, Asian Paints, Bajaj Auto, Dabur, and ITC participated.


(Except for headlines, this story has not been edited by GOVT staff and is published from a syndicated feed.)



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