04 February 2021 15:05:53 IST

IIM Kashipur concludes internship placements

332 students from both the MBA and the MBA analytics programmes have received 358 internship offers

IIM Kashipur successfully completed summer internship placements season for the tenth batch of the flagship MBA programme and the first batch of the MBA analytics programme. The highest stipend of ₹3,30,000 for two months led to a record increase of 4.7 per cent. The top 25 percent of the batch bagged an average stipend of ₹1,56,903. The top 25 per cent of the students in the inaugural MBA analytics batch received offers with an average stipend of ₹1,58,200 while the highest stipend stood at ₹3,15,000.

Top recruiters

The season attracted participation from 91 companies offering roles across consulting and strategy, IT and analytics, finance, HR, marketing and sales, general management, and operations. BFSI sector remained the top recruiter comprising industry leaders such as ICICI Bank, OfBusiness, SIDBI, TATA Capital, Yes Bank, and Vivriti Capital. Students also bagged offers from leading organisations in automotive, aviation, consulting, e-commerce, ed-tech, fintech, IT, FMCG, manufacturing, media, steel, and retail. The institute saw participation from organisations such as Airtel, Bosch, Car Dekho, Cisco, Deloitte USI, Droom, ICICI Bank, Fareye, Jio Creative Labs, JK Spices, KPMG, Morgan Stanley, Paytm Money, Puma, TATA Steel BSL, The Outlook Group, and Xiaomi among others.

A total of 332 students from both the MBA and the MBA analytics programmes have received 358 internship offers from leading organisations. Recruiters have shown great faith in the institute, resulting in 100 per cent summer placements for a batch size of 332 in a record time. There is an increase in the number of women securing offers from brands such as Airtel, Car Dekho, Droom, Fareye, ICICI Bank, Puma, and Yes Bank, across domains like Analytics, Finance, HR, IT, Marketing, and Strategy.

Healthy improvement

The Chairperson of Placements at IIM Kashipur, Prof Venkataraghavan K, said, “We are thankful to all the companies for choosing IIM Kashipur as their preferred destination for campus recruitment. We had an excellent placement season this year and look forward to continuing our association with the corporate sector through recruitment drives and other avenues of mutual talent enhancement.”

The current batch saw the highest ever participation from female and non-engineering background candidates. The batch gender diversity saw a healthy improvement from 11 per cent to 25 per cent, and academic diversity increased to 42 per cent.