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The Economic Times

Average stipend goes up 12.14% to Rs 1.2 lakh per month in XLRI's summer internship placements

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The top segments based on roles offered were Consulting, Sales & Marketing, and BFSI.
KOLKATA: XLRIXavier School of Management has completed the Summer Internship Placement Process (SIP) for the batch of 2019-20 with average stipend up to Rs 1.2 lakh per month from last year's Rs 1.07 lakh per month.

The 361-strong batch saw the highest stipend at Rs 2.5 lakhs per month offered in the BFSI sector. The median stipend offered too was Rs. 1.2 lakhs per month.

The top segments based on roles offered were Consulting, Sales & Marketing, and BFSI. Consulting firms extended offers to 16% of the candidates. Sales & Marketing and BFSI constituted 40% and 17% of the roles offered to Business Management students respectively. Other roles included niche functions in Analytics, Product Management, Business Development, Brand Management, and Strategy. Organisations from a wide spectrum of sectors participated in the process, including FMCG, Consulting, Pharma, IT and e-commerce, Auto, Mining, Oil & Gas and Telecom. Companies who participated for the first time included firms such as Bain & Co, Amazon, NIIF, PhonePe, Udaan, Shell, Diageo, Ola, Adani, Rupeek and others.

Amazon made the highest number of offers amongst the regular recruiters such as The Boston Consulting Group, Microsoft, P&G, Aditya Birla Group, ITC, Nestle, Hindustan Unilever, Mondelez, Mahindra & Mahindra, Citibank and others.
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