Internship opportunities at IMT, Ghaziabad

Summer internships are an important part of the curriculum at IMT, Ghaziabad. It helps the students develop the skills required to achieve their career objectives and gain rich experience with top organizations. Talking about the batch 2021-23, IMT Ghaziabad has shown a strong commitment to the varied talent needs of the industry, with excellent completion of the summer placement. The institution has come through a long-lasting relationship with a leading organisation and by engaging with them on various platforms. IMT Ghaziabad, being a responsible business school, very well understands its role in developing its students to the industry's requirements in a dynamic business environment. During the difficult times of COVID, IMT Ghaziabad has maintained the increase in overall average stipend, highest stipend, number of recruiters, and various roles offered to the students.

Stipends and organisations

One hundred and twenty-three organisations participated in the summer internship recruitment process for the batch of 2021–2023. That proves the consistent engagement of IMT Ghaziabad with top-notch organisations. It also shows the strategic and strong process that the institution has fixed into the system. The institution has done everything possible to ensure successful internship projects. The average stipend has increased by 40% at the institution. The top 10% of students were given a two-month stipend of INR 2.40 lakh. The next 10% received INR 1.95 lakh for the same period.

Sectors and role offerings to the students

The sectors from which the institutions got offers for stipends are as follows: BFSI, FMCG, Consumer Durable, IT/ITES, Manufacturing, Engineering, and Ed-tech/Education sectors. More than seventy-five percent of the offers came from the above-mentioned sectors, and forty percent of the recruiters were new. Students at IMT Ghaziabad got quality projects across various roles such as Market Research, Sales, Digital Marketing, Global Management, Product Management, Consulting, Investment Banking, Wealth Management, and General Management.

Sector-wise summer internship opportunities, 2021–2023:

BFSI

The highest number of offers were from the BFSI sector. BNY Mellon, Goldman Sachs, Credit Suisse, and ICICI Bank are examples of industry leaders. 35% of the students did an internship in the BFSI industry.

FMCG

Companies like Marico, Wipro, Nivea, SC Johnson, and Tata Consumer Products were on campus for summer internships. 12% of companies were from the FMCG sector.

Other sectors were Education, Automobile, Media, Manufacturing, Engineering, Consulting, IT/ITES, Logistics, Healthcare, and Pharma.

Internships at IMT begin at the end of the first year in April. Usually, the duration of a summer internship is 10 to 14 weeks, depending on the nature of the project and company regulations.

Objectives underpinning the Summer Internships at IMT, Ghaziabad:

The first objective of the summer internship is to provide corporate exposure to fresh students who have not worked in the industry. While working on live projects, students get the chance to identify their actual interests. They come to know which sector suits them. They get some idea of where to start their career. Thus, when you enter the second year of your studies, you can select your subjects accordingly.

For students with work experience, the summer internship is an opportunity to learn about other industries. Another objective of a summer internship is to understand the mutual compatibility between the company and the candidate.

The following are the highlights of the PGDM DCP (Dual Country Program) batch 2021-23 summer internship:

1. More than 70% of the students got internship opportunities in the UAE.
2. More than 20 companies visited the campus across industries, including Consulting, Finance, Retail and Health care.
3. AED 6000 per month was the highest stipend given to the interns.
4. AED 2000 per month was the average stipend given to the interns.
5. Top recruiters include Landmark, Aster DM, Himalaya Wellness, MAF-Carrefour, 8X Ventures, Agoda, Choitrams, etc.
6. The roles given to the interns were in the fields of Consulting, Sales, Marketing, Finance, Social media and supply chain.
7. The major sectors of the internship include Retail, Consulting, Health care and Packaging.

As per Ishit Batra, a marketing intern at Choithrams, it's been a wonderful experience working with Choithrams. He said that here, the intern is considered a potential future manager and he/she gets great opportunities to learn. So this is how we can say that IMT Ghaziabad not only puts in efforts for final placements but also summer internships.

About The Author:

Amit Kumar Sharma is an Assistant Professor at Lovely Professional University. With ten years of experience in teaching organisational behaviour and HRM, he has also conducted 13 faculty development programs at the school level and two management development programs at the industry level.

Note: The views expressed in this article are solely the author’s own and do not reflect/represent those of Shiksha.