The Class of 2019 at IIM Trichy completed the summer internship placement that saw a 17% rise in the average stipend to Rs 62,019 and the highest domestic stipend at Rs 2.5 lakh
A total of 95 companies participated in the placement offering 157 roles to as many students across multiple domains.
“Despite unstable macroeconomic conditions, IIM-T boasts of the successful completion of the summer placement process with a 17% increase in the average stipend, which reflects the confidence the industry has in us,” Placement chairperson Abhishek Totawar said.
The regular recruiters included Dabur, L&T, Mahindra & Mahindra, Microsoft, Saint Gobain and Yes Bank. Among the new recruiters were Avalon Consulting, Avendus, DHL, Godrej, RBL Bank and Shopclues.
Female students bagged an average stipend that was 28% higher than that of their male counterparts for the eight-week-long internship. The students were recruited for different roles across domains ranging from sales and marketing, finance, general management to strategy, consulting, operations and human resources.
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“Despite unstable macroeconomic conditions, IIM-T boasts of the successful completion of the summer placement process with a 17% increase in the average stipend, which reflects the confidence the industry has in us,” Placement chairperson Abhishek Totawar said.
IIM-T director Bhimaraya Metri attributed the rise in average stipend to the academic rigour of the institution.
Summer Placement Report 2017-19 Highlights
Number of Students eligible for placements in the Class of 2019: 174
Number of Students opting for summer placements through the institute: 157
Number of Offers Accepted: 157
Highest Domestic Stipend: Rs 2,50,000
Average Stipend (Top 10 Percentile): Rs 1,67,750
Average Stipend (Top 25 Percentile): Rs 1,27,795
Average Stipend (Top 50 Percentile): Rs 93,192
Average Stipend of the batch: Rs 62,019
