Class of '24: Summer internships show way to a heady placement season

IIM Kozhikode sees highest stipend of Rs 6.5L

Seen as a precursor to final placements, summer internship placements at top business schools (B-schools) in India this year have witnessed a healthy rise in stipends being offered to students.

With over 140 firms participating in the summer internship placement process at the Indian Institute of Management (IIM)-Indore, the B-school witnessed a 50 per cent increase over the highest stipend amount secured by its students last year, to Rs 6 lakh for two months. The average stood at Rs 2.74 lakh for two months’ internship — a 37 per cent jump over the previous year.

At IIM-Kozhikode, the highest stipend