Rs 8 Lakh Stipend For 2 Months Internship! These Students Getting Top Stipends


Stipends have increased by 16-17% thanks to improved business sentiment for the next year.

India’s top business schools have had several companies hire interns during the summer placements with record-setting stipends.

Stipends have increased by 16-17% thanks to improved business sentiment for the next year.

Students are being offered Rs 5-8 lakh for a two-month internship.

Top Schools

These students mostly come from top business schools such as: 

  • Indian Institute of Management (IIM) Kozhikode
  • IIM Indore
  • Faculty of Management Studies, Delhi
  • Xavier School of Management, Jamshedpur 
  • Goa Institute of Management

The Figures

XLRI and IIM Lucknow students received stipends of Rs 6.8 lakh for two months.

This is a hike of 35% from Rs 5 lakh offered last year.

The highest stipend at IIM Kozhikode jumped 17% to Rs 3.74 lakh from Rs 3 lakh last year.

FMS Delhi saw a jump of 67% to Rs 5 lakh from Rs 3 lakh last year.

IIM Indore’s highest stipend jumped to Rs 4 lakh from Rs 3.2 lakh last year.

The highest stipend offered to students of Management Development Institute, Gurgaon, was Rs 4 lakh.

Goa Institute of Management students were offered top stipend of Rs 2 lakh which was 22% higher than Rs 1.64 lakh offered last year.

Recruiters

The top recruiters include: 

  • Amazon
  • The Boston Consulting Group
  • Bain and Co
  • Accenture Strategy
  • EY
  • PwC
  • Deloitte
  • Aditya Birla Group 
  • Hindustan Unilever

Sectors

Consulting and BFSI (banking, financial services and insurance) companies offered the most number of offers for summer internships.

Fast-moving consumer goods/durables (FMCG/ FMCD), e-commerce and IT were the next to dole out a high number of offers.

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