IMT Ghaziabad Summer Internship 2024: Highest stipend at Rs 4.5 lakh; 150 firms participate

NEW DELHI: The Summer Internship Program (SIP) at the Institute of Management Technology (IMT) Ghaziabad saw over 150 firms for the 2023-2025 batch of the Post Graduate Diploma in Management (PGDM) programme. The highest stipend grabbed by students is Rs 4.5 lakh.

With an average stipend of Rs 94,000 and a median of Rs 80,000, the PGP batch secured offers with top 10%, 20%, and 50% average stipends of Rs 2.74 lakh, Rs 2.29 lakh, and Rs 1.61 lakh respectively.

Female students at IMT Ghaziabad received an average stipend higher than that of male students by Rs 38,000 in this year’s summer placements. Over 80% of the offers have come from BFSI, consumer goods and products, IT, ITES, manufacturing and engineering, consulting, internet business and media and advertising sectors.

IMT Ghaziabad Placements: Sector-wise firms

IMT Ghaziabad summer placements saw 49% of new recruiters this year. The BFSI sector has made the highest number of offers this year from organisations like DE Shaw, BNY Mellon, Goldman Sachs, CRISIL, Piramal Capital and 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 sector saw participation of 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 FoodsHygienic Research Institute and many others.

IT, ITES sector witnessed firms such as Microsoft, Wipro Technologies, Genpact, QualityKiosk, Adobe, Cisco, Dell Technologies, Hexaware, and Pine Labs, to name a few. In the manufacturing and 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 and supply chain 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.

Adani Enterprises, GSK, Abbott, Integrace Health, Zydus Wellness and Vikram Solar were from the conglomerate, pharma and healthcare and energy sectors