IMT Ghaziabad's Summer Internship Programme Draws 150 Top Companies, Sets Record with Highest Stipend of INR 4.5 LPA

Institute of Management Technology (IMT) Ghaziabad announced on Thursday, April 18 that its Summer Internship Program (SIP) for the 2023-2025 batch had attracted over 150 leading organizations, demonstrating their robust engagement and effective processes. The Post Graduate Diploma in Management (PGDM) programme achieved a record stipend of INR 4.5 lac. The average stipend stood at Rs. 94,000, with a median of Rs. 80,000. The top 10%, 20%, and 50% of the batch secured average stipends of INR 2.74 lac, INR 2.29 lac, and INR 1.61 lac, respectively. Notably, female students at IMT Ghaziabad received an average stipend that exceeded their male counterparts by INR 38,000, reflecting the institute's ongoing commitment to gender diversity and female empowerment. Over 80% of the offers came from sectors such as BFSI, Consumer Goods & Products, IT/ITES, Manufacturing & Engineering, Consulting, Internet Business, and Media & Advertising. This year also saw a 49% increase in new recruiters for the summer internship.

Dr. Vishal Talwar, Director of IMT Ghaziabad, underscored the significance of the SIP, stating, "In today's dynamic global landscape, business education plays a crucial role in cultivating leaders capable of navigating complexities and effecting meaningful change. Our mission at IMT Ghaziabad goes beyond mere academic excellence; we strive to equip students with the necessary skills and mindset to excel in diverse professional domains. Our immersive internship program bridges the gap between theory and practice, offering invaluable real-world exposure. This experience enables our students to drive innovation and progress, becoming catalysts for positive transformation in their respective fields."

As the institution continues to excel in nurturing talent and fostering industry partnerships, it invites recruiters to engage with its dynamic student body and explore opportunities for mutually beneficial collaborations. With a comprehensive curriculum, esteemed faculty, and a proven track record of excellence, it stands as a beacon of innovation and leadership in management education.

The BFSI sector once again saw the highest number of offers this year, with participation from industry-leading organizations such as D.E Shaw, BNY Mellon, Goldman Sachs, CRISIL, Piramal Capital & Housing Finance, Nuvama Wealth, Aditya Birla Capital, Kotak Mahindra Life, HDFC Bank, HSBC, ICICI Bank, YES Bank, Tata Capital, Macquarie, and Natwest, among others.

The FMCG and Consumer Durables sector continued to be a sought-after sector on campus, with participation from companies such as Britannia Industries, Bajaj Consumer Care, Himalaya Wellness, Olam Agri, Emami, Dabur, GSK, Marico, McCain Foods, Mondelez, Nivea, Pernod Ricard, Reckitt, TATA Consumer Products, Asian Paints, Wipro Consumer Care and Lighting, YUM! Brands, Havells, Heritage Foods, Hygienic Research Institute, and many others.

The IT/ITES sector saw participation from prestigious firms such as Microsoft, Wipro Technologies, Genpact, QualityKiosk, Adobe, Cisco, Dell Technologies, Hexaware, Pine Labs, among others.

Participating firms in the Manufacturing & Engineering sector included Larsen & Toubro, Cummins, SKF India, V-Guard Industries, Vedanta, Adani Energy, and UltraTech Cement, among others.

The Consulting space saw the participation of Axtria, Deloitte, Gartner, Healthark Insights, Kroll, Positive Moves, Stanton Chase, and Thomas International, among others.

*All Stipend values are for a 2-month period*

For more information, please visit the IMT Ghaziabad website.