BITSoM secures 100% summer internship for Class of 2025

BITS School of Management ( BITSoM), Mumbai, has concluded 100% summer internship placement for its third cohort ( MBA class of 2023-25). The students bagged internship opportunities from leading companies at a median stipend of Rs 2 lakh, the institute stated.

BITSoM hosted 55 companies in all during this current summer internship placement cycle. A majority of the 131 students who participated in the placement were placed through the campus process while 22 students proactively found their own internships, the institute said in a release.

The overall average of the cohort stands at Rs 1.75 lakh aggregate for two months. The top 10% of the class has an average stipend of Rs 3.42 lakh and the top 30% has secured an average stipend of Rs 3.06 lakh, according to the release. The top half of the class has an average stipend of Rs 2.70 lakh.

The list of recruiters includes McKinsey & Co, EY, PwC, Gartner, banking and financial services companies like JP Morgan Chase & Co, HDFC Bank, IDFC First Bank, Axis Mutual Fund, ICICI Prudential AMC, Quantum AMC, Cervin Ventures, and Avista Advisory.

According to the institute, students also bagged offers from conglomerates and FMCG/FMCD organisations including Tata Sons, Aditya Birla Group, Hindustan Unilever, Britannia, Nivea, Pidilite, Jubilant Foodworks, Pernod Ricard, Signify, and Tata Consumer. “Ecommerce, IT and telecom companies such as Flipkart, BigBasket, Vodafone Idea, Flex, Merilytics, Fanplay IOT, and Arka Energy, from the sustainable energy sector also made offers,” it said.

“While economic conditions have been less than ideal this year, our industry partnership and career services team made extraordinary efforts to create opportunities for every student who participated in the Summer Internship Placement process,” Saravanan Kesavan, dean and professor of operations at BITSoM, said.