BITSoM’s 3rd Cohort achieves 100% Summer Placement 

• All 131 participating students secured summer internship opportunities in 55 companies, at a median stipend of Rs. 2 Lakh

Mumbai: BITS School of Management (BITSoM), announced 100% Summer Internship Placement for its third cohort (MBA Class of 2023-25). The students bagged internship opportunities from leading companies, across various industries and domains, at a median stipend of Rs. 2 lakh.

The placement cycle attracted prominent consulting companies like McKinsey & Co, EY, PwC and Gartner. Leading banking and financial services companies that made offers include JP Morgan Chase & Co, HDFC Bank, IDFC First Bank, Axis Mutual Fund, ICICI Prudential AMC, Quantum AMC, Cervin Ventures, and Avista Advisory. Students also bagged offers from conglomerates and FMCG/FMCD organisations including Tata Sons, Aditya Birla Group, Hindustan Unilever, Britannia, Nivea, Pidilite, Jubilant Foodworks, Pernod Ricard, Signify, Tata Consumer among many more. E-commerce, IT and Telecom companies such as FlipKart, Big Basket, Vodafone Idea, Flex, Merilytics, Fanplay IOT, and Arka Energy, from the sustainable energy sector also made offers.

BITSoM hosted 55 companies in all during this current Summer Internship Placement cycle. All 131 students who participated in the summer internship placement process were placed at a median stipend of Rs. 2 lakh (same as last year). While a majority of students were placed through the campus process, there were 22 students who proactively found their own internships.

The overall average of the cohort stands at Rs. 1.75 lakh, aggregate for two months. The top ten percent of the class has an average stipend of Rs. 3.42 lakh and the top 30% has secured an average stipend of Rs. 3.06 lakh. The top half of the class has an average stipend of Rs. 2.70 lakh.

Commenting on the placement process, Dr Saravanan Kesavan, Dean and Professor of Operations, BITSoM said, “I congratulate the Class of 2025 on their performance! While economic conditions have been less than ideal this year, our Industry Partnership & Career Services team made extraordinary efforts to create opportunities for every student who participated in the Summer Internship Placement process. A broad range of sought after industries and domains have been well represented, with several marquee names added to the portfolio this year. BITSoM aims to be among the very best B-schools in the country, a goal we are pursuing with a strategic vision, determination, and importantly in this context – transparency.”

A detailed report on the summer internship placement process has been published on the BITSoM website: https://bitsom.edu.in/wp-content/uploads/2024/05/Summer_internship_report_Co25_06052024.pdf