Stipend at XLRI summer internship up 20%; best offer: Rs 5 lakh for 2 mths

Coca-Cola, BCG, Uber among new recruiters at campus; FMCG tops with 27% share of recruitments

The average stipend for the 2017-19 batch of 364 students at Xavier School of Management (XLRI), Jamshedpur, rose by over 20 per cent during the Summer Internship Placement process (SIP) this year, with the highest offer at Rs 5,00,000 for a period of two months. The institute did not disclose the name of the company that made this offer.

The SIP season saw participation from over 90 companies offering roles across domains including consulting, finance, sales and marketing, operations, business development (BM), human resources (HR) and industrial relations (IR).

Besides the traditional recruiters like HUL, P&G, ITC, PwC and others, several