BITSoM Summer Placement BITS School of Management (BITSoM) has announced summer internship placement outcomes for its second batch of MBA 2022-24. The school saw an increase in median stipend from Rs 1.50 lakh to Rs 2 lakh, The highest stipend offered was Rs 4.75 lakh for the class of 2024 against Rs 3.2 lakh for the class of 2023.
FMS Delhi MBA Summer Placements – 2022
B Schools SIP Report 2021-2023 Batch. IIM K, I, XLRI, FMS, IIM L Declares
- The median stipend increased by 33%.
- The average for the top 30% of the class increased by 19% to Rs 3.12 lakh from Rs 2.62 lakh.
- The top half of the class saw an increase in average stipend from Rs 2.29 lakh to Rs 2.70 lakh, up by 18%.
- The highest stipend offered was Rs 4.75 lakh for the class of 2024 against Rs 3.2 lakh for the class of 2023.
- The average for the students placed stood at Rs 2.02 lakh.
XLRI breaks all Summer Internship records, receive stipend of 7 lacs batch 2022 -2024
Over the last two placement cycles, more than 60 companies are said to have participated in the recruitment. The placement attracted consulting companies such as Bain & Co., BCG, Kearney, EY, Arthur D Little, and PwC. Many companies from the BFSI sector made offers, including ICICI Bank, Yes Bank, Cervin, Merisis Advisors, Steer Advisors, Eight Capital, Avista Advisory, ICICI Pru AMC and Sicomoro Advisors. Other organisations that made offers include Unilever, Pidilite, Bajaj Consumers, Nestle, Signify, Vodafone Idea, Redbull, Aditya Birla Group, More Retail, Optum Global, Media.net, TTEC, and Big Basket. The business school also attracted new-age companies such as Fan Play IOT and Tiger Analytics this year, the release said.
Average Stipend offered for 1st batch at BITSoM is 2.61 Lac for 2 Month
Furthermore, the release mentioned with the school nearing the completion of its summer internship process, 46 organisations have participated till date in the summer internship process for the class of 131 students. The school is working on placing a few students for niche roles. Students will join their respective organisations for internships from April to May 2022, the release added.
Second batch of XLRI – Delhi NCR campus completes SIP
“It is quite rare for a school in its second year to attract so many aspirational consulting, finance and consumer product companies. This early success is testament to the belief that our partners have in the quality of education that BITSoM is providing. The growth in stipends suggests that BITSoM is on a strong upward trajectory,” Ranjan Banerjee, dean, BITSoM, said. Source: The Financial Times
