SIBM Pune takes immense pride in announcing the successful completion of its Summer Internship Recruitment Programme 2017 for its 40th MBA Batch (2017-2019). The institute's rich legacy of 39 years was bolstered by the presence of some of the biggest names in the corporate world for summer placements this year.
Testament to the consistently high benchmarks set by the students and alumni of SIBM Pune in the industry, more than 60 companies from diverse sectors visited campus for summer internship recruitment for various specializations (Marketing, HR, Finance, Operations). Our regular recruiters too widened their horizon to new specializations.
There was diversity in the domains represented namely FMCG, Healthcare & Pharmaceuticals, FMCD, BFSI, Automobiles, Information Technology & Services, Infrastructure, Consulting, and Manufacturing among others. Participating organizations offered roles across various functions like Marketing, General Management, Sales, Corporate Human Resources, Corporate Finance, Investment Banking, Operations, Supply Chain etc., culminating in a total of 192 offers being extended to the students.
The highest stipend offered was ₹3,00,000 for duration of two months bagged by 10% of the students appearing for summer placements. The average stipend on offer too reflected the ever-growing confidence of the industry in the institute as it rose to ₹1,46,130, resulting in an increment of 17% over the last year. The average stipend figures for the Top 50 offers was ₹2,43,600 and for Top 100 stood at ₹1,97,900. Of the total offers made, nearly 21% of the offers extended were ₹2,00,000 and above.
| Stipend Details (For 2 Months) | |
|---|---|
| Average Stipend | ₹ 1,46,130 |
| Highest Stipend | ₹ 3,00,000 |
| Average of Top 50 Offers | ₹ 2,43,600 |
| Average of Top 100 Offers | ₹ 1,97,900 |
| Key Statistics | |
|---|---|
| No. of Recruiters | 60 |
| No. of Offers | 192 |
This year we had the opportunity to host new recruiters like Barclays Bank, Boston Scientific India, Harley Davidson Motor Company, Jardine Lloyd Thompson Group, Mattel India, Marsh India, Puma Sports India, DCM Shriram Ltd., Welspun India Limited, Godfrey Phillips India, Henkel Adhesives, etc.
Some of the major regular recruiters who participated in the process were Abbott India, Accenture India, Aviva India, Asian Paints Limited, Bajaj Auto Limited, Boehringer Ingelheim India, BOSCH Limited, Britannia Industries Limited, Castrol India, Cisco Systems, Cummins India, Dabur India Limited, Fidelity Investments Limited, Godrej Industries Limited and Associate Companies, GSK CH, HSBC, ICICI Bank, ITC Limited, J P Morgan, Larsen & Toubro Limited, Larsen & Toubro Tech Services, Lenovo India, Maersk GSC, Mahindra Group, Morgan Stanley, Mother Dairy, Nestlé India, Nivea India, Pidilite Industries Limited, Piramal Enterprises Limited, Perfetti Van Melle Limited, SBI Capital Markets, Sun Pharmaceuticals Industries Ltd., Titan Company, Vodafone India Limited, Wipro Limited, Yes Bank etc.
Message from Dr. R Raman, Director SIBM Pune
"The result of Summer Placements with notable additions of several high-profile new recruiters, diverse sectors and roles opening up, and a considerable increase in stipend demonstrates the calibre of the students as well as the academic rigour at the institute. I heartily congratulate the students of the first year for the meritorious results of Summer Placements 2017."
