IMT Ghaziabad Summer Internship 2024 records highest stipend of INR 4.5 Lakh

The Post Graduate Diploma in Management (PGDM) programme at IMT Ghaziabad achieved its highest stipend of INR 4.5 lakh, with an average stipend of INR 94,000, median at INR 80,000.

IMT Ghaziabad Summer Internship 2024: The Institute of Management Technology (IMT) Ghaziabad concluded the Summer Internship Program (SIP) for the Batch of 2023-2025. Over 150 leading organisations, showcased their strong involvement and efficient procedures. The Post Graduate Diploma in Management (PGDM) programme achieved its highest stipend of INR 4.5 lakh, with an average stipend of INR 94,000, median at INR 80,000.

Gender diversity prevailed!

According to the official statement by the institute, the batch has secured offers with top 10%, 20%, and 50% average stipend of INR 2.74 lac and INR 2.29 lac, INR 1.61 lac respectively. Female students at IMT Ghaziabad received an average stipend exceeding that of male students by INR 38,000.

49% New recruiters

Notably, more than 80% of the offers have come from BFSI, Consumer Goods & Products, IT/ITES, Manufacturing & Engineering, Consulting, Internet Business and Media & Advertising. The institute recorded 49% new recruiters for the summer internship this year.

Dr Vishal Talwar, Director, IMT Ghaziabad, emphasises the profound importance of the SIP, asserting, "In the dynamic global landscape, business education is pivotal in nurturing leaders capable of navigating complexities and effecting meaningful change. Our mission at IMT Ghaziabad transcends mere academic excellence; we aim to equip students with the requisite skills and mindset to thrive in diverse professional realms. Through our immersive internship program, we bridge the gap between theory and practice, providing invaluable real-world exposure. This experience empowers our students to drive innovation and progress, becoming catalysts for positive transformation in their respective domains."

Sector-wise Participation

The BFSI sector has again the highest number of offers this year, aided by the participation of all the industry-leading organisations like 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.

FMCG and Consumer Durables is a coveted sector on Campus and the trend continued with the participation of 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 FoodsHygienic Research Institute and many others.

IT/ITES sector saw participation from prestigious firms such as Microsoft, Wipro Technologies, Genpact, QualityKiosk, Adobe, Cisco, Dell Technologies, Hexaware, Pine Labs, to name a few.

In the Manufacturing & Engineering sector participating firms 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.

Internet Business, Retail, Automobile and Logistics & Supply Chain – These sectors witnessed recruiters such as Amazon, Blu-Smart Mobility, Droom, Ninjakart, Aditya Birla Fashion & Retail, Vedant Fashion, Continental India, Hero MotoCorp, A.P. Moller Maersk and Tata NYK to name a few.

Conglomerate, Pharma & Healthcare and Energy – sectors were aided by the participation of Adani Enterprises, GSK, Abbott, Integrace Health, Zydus Wellness and Vikram Solar among others.

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