17 Jan 2019 19:39 IST

IIM Nagpur completes summer placements

The highest stipend offered this year was ₹2.50 lakh per month

IIM Nagpur has successfully completed the summer placements process for the fourth batch of its flagship Post Graduate Programme in Management. With the batch intake doubled to above 110 students this year, IIM-N once again achieved 100 per cent placement by the second week of January.

This year, more than 40 recruiters across various sectors such as FMCG, consumer durables, oil & gas, e-commerce, fintech, aerospace & aviation, consulting, BFSI, logistics, media & broadcasting, and real estate participated in the process. Many first time recruiters also took part, making double digit offers to the students. Several organisations have recruited students for their premier internship programme.

The list of prominent recruiters includes OLX, Berger Paints, V-Guard, Century Real Estate Holdings, Mapro, Amul, Yes Bank, HPCL, BPCL, SIDBI, Pladis Global, Tata Aerospace & Defence Ltd, Blue Star, Sutherland Global, Value Labs and Jio Studios. V-Guard, OLX, Early Salary, Mapro made the highest number of offers.

FMCG and consumer goods emerged as the most sought-after sector, followed by fintech and e-commerce, with more than 40 per cent of the batch opting for summer internship in these industries. More than 17 per cent of the batch opted for profiles in IT and government sectors. Marketing and operations were the most sought-after profiles. Apart from these, several roles were also offered in strategy, finance, and analytics.

The highest stipend offered this year was ₹2.50 lakh per month. The average stipend offered was ₹54,751. The average and the median stipend for the top quartile were ₹1.13 lakh and ₹1.10 lakh respectively.