Mumbai, 14th April 2025: BITS School of Management (BITSoM), announced 100% Summer Internship Placement for its fourth cohort (MBA Class of 2024-26). The students bagged internship opportunities from leading companies, across various industries and domains, at an average stipend of Rs 1.72 lakhs.
The placement cycle attracted prominent consulting companies like McKinsey & Co, Accenture, EY, KPMG and PwC. Leading banking and financial services companies that made offers include JP Morgan Chase & Co, Bank of America, IDFC First Bank, Ambit Finvest, ICICI Bank, MetLife, NSE, SBI, Shri Ram Asset Management Company, Union Mutual Fund, Somerset Indus Capital Partners, Nirmal Bang and B2K Analytics. Students also bagged offers from conglomerates and FMCG/FMCD organisations including Tata Sons, Aditya Birla Group, Bluestar, Britannia, Cipla, Colgate Palmolive, Galderma, L’oreal, More Retail, Pidilite, Pernod Ricard, Signify, Tata Consumer among many more. E-commerce, IT and Telecom companies such as FlipKart, Big Basket, Cygnius Consulting, IBM, Tata Communications, Vodafone Idea, Flex, Merilytics, and Arka Energy, from the sustainable energy sector made offers. Cipher Oncology and Aditya Birla Group Data & Analytics Cell picked up students for specific niche roles.
All 133 students who participated in the summer internship placement process were placed. The average stipend is Rs 1.72 lakhs, aggregated for two months, a marginal decline of 1.7% from Rs 1.75 lakhs the previous year. A total of 54 organisations made offers. While the majority of students were placed through the campus process, 24 students proactively found their own internships.
The top 10% percent of the class has an average stipend of Rs 3.62 lakhs (up from Rs 3.42 lakhs last year) and the top 30% are at Rs 3.10 Lakhs (Rs 3.06 lakhs last year). The top half of the class has an average stipend of Rs 2.68 lakhs (Rs 2.70 lakhs last year). Despite prevailing macroeconomic headwinds and sectoral uncertainties, the School has demonstrated strong performance in its summer placements. The process included 20 first-time recruiters—a testament to the School’s growing brand equity and its ability to attract a diverse mix of employers that aligns with BITSoM’s strategic approach of broad-basing its recruiter portfolio to mitigate risks from sector-specific slowdowns.
Commenting on the placement process, Dr Saravanan Kesavan, Dean and Professor of Operations, BITSoM said, “I am proud of the Class of 2026 for navigating a challenging economic landscape with resilience and purpose. The summer placement outcomes reflect not only the caliber of our students, but also the sustained efforts of our Industry Partnership and Career Services team. I am particularly happy that several of our students are working on cutting edge AI related projects. As we broaden our recruiter base and deepen employer relationships, we remain committed to being among the very best B-schools in the country.”