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IIM Trichy Students got 71% increase in stipend at last summer placement
All the 102 students who participated in summer placement process this year from Indian Institute of Management, Tiruchirapalli (IIM Trichy), were successfully placed with a 71% increase in the stipend.
The highest international stipend offered for the internship period (which is generally for two to three months) is Rs 2.4 lakh, while the highest domestic stipend is Rs 1.6 lakh.
There was overall highest stipend recorded an increase of 71.4% this year as compared to previous year. The average stipend is Rs 51,000 which is a marked increase (of 13.3%) over the previous year, said a press release from the Institute.
While giving the information an official from the placement cell says “About 3% of the batch have received the highest international stipend offers of Rs 2.4 lakh for job roles in research and analysis in securities and market research from companies in Europe and Middle East,”
About 2% of the students received highest domestic stipend of Rs 1.6 lakh. The overall highest stipend recorded an increase of 71.4% this year as compared to the previous year. The average stipend is Rs 51,000 which is a marked increase (of 13.3%) over the previous year.
About 51 companies from manufacturing, e-commerce, media and advertising, NGO participated in the summer placement process this year. Of these 30% of the recruiters were from BFSI sector, 45% were in sales and marketing domain. Companies that participated in the placement process this year included World Bank, Dabur, HSBC, OgilvyOne, Deloitte, Mahindra, Kelloggs, Cognizant Business Consulting, ICICI Bank, Saint Gobain Glass, TAFE, Robert Bosch, L&T, FCB Ulka, Sulekha, YES Bank, Fidelity, RBS, TVS Motors etc. to name a few.
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