Some 130 companies and 403 students from the batch of the 2013-15 batch of the flagship post-graduate programme (PGP) participated in the placements for the summer internships at the Indian Institute of Management, Bangalore (IIMB) that concluded on Saturday.
Summer internship is an eight-week full-time industry experience for students when the recruiters get a chance to evaluate the candidate. These internships are often followed by final placements during the month of March.
According to Sankarshan Basu, chairman, Career Development Services - IIMB, told Business Standard: "Major players from investment banking, FMCG, IT, consulting, analysts and other sectors were there this time as well. As we have seen, with an increase in quality, the time taken by the entire process is getting shorter."
He added, some companies have made 12-15 offers and a large number of them made two or more offers.
"Most of our regular employers have made more offers this time, which stands to reflect the increasing standards and quality at IIMB," he said.
He also added that three or four of the students offered to opt out as they had over 34 months of experience and hence, there's no need for them to go in for an internship.
Summer internship is an eight-week full-time industry experience for students when the recruiters get a chance to evaluate the candidate. These internships are often followed by final placements during the month of March.
According to Sankarshan Basu, chairman, Career Development Services - IIMB, told Business Standard: "Major players from investment banking, FMCG, IT, consulting, analysts and other sectors were there this time as well. As we have seen, with an increase in quality, the time taken by the entire process is getting shorter."
He added, some companies have made 12-15 offers and a large number of them made two or more offers.
"Most of our regular employers have made more offers this time, which stands to reflect the increasing standards and quality at IIMB," he said.
He also added that three or four of the students offered to opt out as they had over 34 months of experience and hence, there's no need for them to go in for an internship.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%