IIM Kashipur sees highest stipend of Rs 4.6 lakh

KOLKATA: Indian Institute of Management Kashipur has completed its 2018-19 summer placement process with students placed across sectors such as BFSI, FMCG, Healthcare, Advertising, Technology, Manufacturing, Operations, E-
Commerce, Retail, etc.

A total of 82 companies participated in the process offering 235 positions to 233 students. The highest stipend was Rs 4.6 lakh. The average stipend for the season was Rs 61,062 with the top 10 percentile students getting an average stipend of Rs 1.7 lakh


BFSI sector continued to be the dominant player in recruitment with firms like ICICI Bank, RBL Bank, TATA Capital, RBI, HDFC Bank, Muthoot Group, Yes Bank, Angel Broking, Rubique, SIDBI, Bajaj Finserv, etc. offering roles to students across the domains of Marketing, Finance, Retail, Operations and HR.

The institute also saw a large number of roles in the Analytics field offered by organizations like Sutherland, Mindtree, L&T Technology Services, Elastic Run, Droom, along others.

Companies like Cinepolis, BPCL, JSPL, Indiabulls Homeloans, Edelweiss, Microland, Deloitte, Tata Motors, Ashok Piramal Group, Berger Paints, Usha International, Hero Motocorp, Shree Cements, Indiamart, Byjus, Jaipur Rugs, Sleepwell, Srijan, Aegis Global, etc. also participated in the recruitment
process offering students internship across multiple domains.

37 first time recruiters including prominent organizations like Google, Microland, Mondelez, Tata Chemicals, DMI Finance, Oberoi Group, Bank of Baroda, MakeMyTrip, The Other Circle, Anarock, 4Tigo, ScoopWhoop, IIMJobs, etc. participated in this year’s placement season.

“The institute has recorded a significant percentage increase in placement statistics both in terms of new
recruiters and the diversity of companies," said Dr. Kunal Ganguly, Chairperson Placements, IIM Kashipur.