Bharatiya Vidya Bhavan's SPJIMR’s 237-strong PGDM class of 2023 has secured autumn internships in top companies in record time with an average stipend of Rs 2,95,000 for a two-month internship.
A total of 312 offers were received from 41 companies, led by FMCG with 39% of the offers, followed by consulting companies with 30%.
The median compensation of the batch crossed Rs 3,00,000, an increase of 7% over 2021. The average stipend crossed Rs 2,95,000, a 13% increase over the previous year. The top 50% of the batch received an average offer of Rs 3,34,000, and the top 20% of the batch received an average offer of Rs 3,66,000.
Other recruiters came from diverse sectors like BFSI and E-Commerce offering roles in Analytics, Consulting, Corporate Finance, Corporate IT, General Management, Investment Banking, Private Equity, Product Management, Programme Management, Sales & Marketing and Supply Chain.
Autumn Internships is a distinctive feature of the two-year full-time PGDM programme, allowing students to take up corporate internship projects in their second year after completing a term in their chosen specialisations and a social internship in the first year..
Dr Sajeev Abraham George, PGDM Programme Chair, said, "We are confident that through internship projects our students will apply their learnings and create value for companies.”
Product Management roles saw a 100% increase in the number of offers. Opportunities in the Gaming Product Management domain were also offered for the first time.
There were 10 new recruiters this season including Kearney, Synergy Consulting, Games 24*7, Mars and India Alternatives, among others.