Stipend in Indian B Schools

Can you tell me about the stipend one gets in India while doing a course B or Business Schools?

[Quick Sam]

The stipend in B- Schools is not similar for each college. Every college has its own policy regarding this. Here I am listing you the stipend provided in different Indian
B Schools:

XLRI Xavier School of Management recorded the highest stipend at Rs 3 lakh for two months internship against Rs 2 lakh recorded last year.

While JBIMS saw a 7% rise in average stipend from last, the placement committee member said the rise was also because of more number of firms offering stipend on the higher band.

The highest stipend offered for the current batch of 2013-15 at JBIMS remained at Rs 2 lakh this year as compared to last year's batch of 2012-14.

Similarly, the average stipend at the Indian Institute of Management, Kozhikode (IIM-K) also rose by 36% over previous year.

The placement cell at IIM-K stated that the highest domestic stipend amount at IIM-K for summer placements stood at Rs 2 lakh.

Besides, the average of stipend offered has risen 15-20 per cent from last year. The highest stipend offered at Management Development Institute (MDI), Gurgaon, has been a record Rs 4.2 lakh for two months.

The average stipend for post-graduate programme in management (PGPM) was Rs 1.16 lakh at MDI and between Rs 1 lakh and Rs 1.2 lakh at other institutes.

The average stipend for the PGPHRM recruits stood at Rs 1.07 lakh, against Rs 95,900 last year.

The highest figure was at Rs 1.6 lakh.

A total of 109 companies participated in the hiring process at MDI.

Among the companies that came for here hiring for the first time were Boston Consulting Group, Bill & Melinda Gates Foundation, Danone, Motorola, Novartis and Snapdeal.

At the XLRI-Xavier School of Management, 105 companies together made 385 offers to 365 students.

All students of the batch received paid internships in less than three days. The highest stipend offered was Rs 1.5 lakh a month.

And the median stipend for the entire batch was Rs 55,000 a month.

Top B-School Rankings in India
Indian Institute of Management Ahmedabad (IIMA)

Indian Institute of Management Calcutta (IIMC)

XLRI Xavier Institute of Management, Jamshedpur

Faculty of Management Studies (FMS), Delhi

Indian Institute of Management Kozhikode (IIMK)

Indian Institute of Management Indore (IIMI)

S. P. Jain Institute of Management & Research (SPJIMR), Mumbai

Management Development Institute (MDI), Gurgaon

Indian Institute of Foreign Trade (IIFT), New Delhi

International Management Institute (IMI), New Delhi

Narsee Monjee Institute of Management Studies (NMIMS), Mumbai

National Institute of Industrial Engineering (NITIE), Mumbai

Institute of Management Technology (IMT), Ghaziabad

Jamnalal Bajaj Institute of Management Studies (JBIMS), Mumbai

Department of Management Studies, Indian Institute of Technology Delhi (IITD)

Xavier Institute of Management Bhubaneswar (XIMB)

Symbiosis Institute of Business Management (SIBM), Pune

Vinod Gupta School of Management (VGSoM), Indian Institute of Technology Kharagpur (IIT-KGP)

T. A. Pai Management Institute (TAPMI), Manipal

Shailesh J. Mehta School of Management (SJSSoM), Indian Institute of Technology Bombay (IITB)