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  #1  
3rd January 2016, 09:11 AM
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MBA stipend

Hello sir I want to know about the stipend offered by various companies to the MBA Graduates during internship so please provide me information about the same.
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  #2  
3rd January 2016, 09:12 AM
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Join Date: May 2012
Re: MBA stipend

Summer internships at the top business schools (B-schools) in India are with stipends shooting up by 30 to 40%. Both reputed firms and start-ups are recruiting in large numbers from these B-schools.

MBA Internship


Snapdeal has so far extended offers to more than 50 interns, up from 15 last year, with stipends of Rs 1 lakh for two-month internships.

The firm offered is offering nine profiles in the areas of Marketing, Finance, Supply Chain, Product Development and Human Resources (HR).

As per sources from various B-school campuses, Goldman Sachs is expected to offer around Rs 1.55 lakh, whereas HUL, Castrol and Marico may offer around Rs 1.5 lakh.

Offers from Barclays Shared Services may be in the tune of Rs 1.6 lakh, with Dabur making offers of around Rs 1.4 lakh.

The Boston Consulting Group (BCG) has extended a stipend offer for Rs 3 lakh,

BCG made offers to 80% of the total 48 students who interned with it this summer.

BCG is expected to extend at least 15-20% more offers for summer internship this year, as per company officials.

Many firms make 60-70% of their overall campus hires through the internships and PPOs.

Several firms have hired candidates from the following colleges.

IIMs,

International Management Institute Delhi (IMI Delhi),

Management Development Institute Gurgaon (MDI Gurgaon),

Xavier Labor Relations Institute Jamshedpur (XLRI Jamshedpur),

Xavier Institute of Management Bhubaneswar (XIM B)

Narsee Monjee Institute of Management Studies (NMIMS)

At IIM Indore, 153 firms have already hired the 557-student batch for internships.

At IIM Kozhikode, firms are expected to hire one-fifth more interns compared to last year.

The average stipend offered to IIM Indore students was Rs 71,000 for two-month internships,

At T.A. Pai Management Institute (TAPMI) in Manipal, Flipkart and Google have made the top stipend offers of Rs 50,000 per month.

XIM B has witnessed around 30% increase in average stipends, with the top offer so far being around Rs 1.5 lakh from the Fast-Moving Consumer Goods (FMCG) sector.

At MDI Gurgaon, the highest stipend is over Rs 4.2 lakh.

At IIM Lucknow, placements for 464 interns were completed in merely 4.5 days, with many first-time recruiters participating.


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