The Shailesh J. Mehta School of Management, IIT Bombay celebrated a significant milestone as it completed the summer placement process for the batch of 2023-2025, with all 116 students securing internship opportunities. This achievement marks 100% summer placements for the institution.
Students secured coveted positions across various sectors including BFSI, Consulting, IT/ITeS, E-commerce, and FMCG/FMCD. Roles offered encompassed Analytics, Consulting, Investment Banking, Operations & Supply Chain Management, and Sales & Marketing, among others. Established recruiters reaffirmed their trust in the school while adding new recruiters highlights the school's strong brand. Notable new recruiters for this season include AM/NS, Cipla, Fidelity Investments, Godrej Capital, Hexaware Technologies, HSBC, IDFC First Bank, Jubilant FoodWorks, Kenvue, Miebach Consulting, Pernod Ricard, and United Breweries Limited.
Key Insights:
- Median Stipend: INR 3 lakhs for two months
- Average Stipend: INR 2.92 lakhs for two months
- Top 25th percentile Median: INR 4.5 lakhs for two months
- Top 50th percentile Median: INR 3.5 lakhs for two months
- Top 75th percentile Median: INR 3.2 lakhs for two months
- Highest Stipend: INR 5 lakhs for two months
- Recruiting Companies: 45
- New Recruiters: 36%
- Average Female Stipend: INR 3.27 lakhs for two months
- INR 3.5 Lakhs and Above Offers: 28% of the batch
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Sector- Wise Turnout
Students secured coveted positions across various sectors including BFSI, Consulting, IT/ITeS, E-commerce, and FMCG/FMCD. Roles offered encompassed Analytics, Consulting, Investment Banking, Operations & Supply Chain Management, and Sales & Marketing, among others.
| Sector | Companies | Percentage of Batch Recruited |
| BFSI | During this placement season, leading companies in the BFSI sector, including Fidelity Investments, HSBC, ICICI Bank, IDFC First Bank, JPMorgan Chase & Co., and Yes Bank, presented a wide range of positions in Analytics, Business Banking, Investment Banking, and Information Technology. | 16% |
| Consulting & IT/ITES | Consulting and IT firms like Axtria, Deloitte USI, Hexaware Technologies, Kearney, Miebach Consulting, PwC US Adv., Quintics, Wipro, and additional companies provided opportunities in Analytics, Product Management, Operations Consulting, Strategy Consulting, and Supply Chain Consulting. | 20% |
| FMCG/FMCD | The FMCG/FMCD sector has made the most significant number of offers during this placement season. Companies like Asian Paints, Britannia, Colgate-Palmolive, HUL, L’Oréal, Marico, Mondelēz International, P&G, Reckitt, and Signify provided positions in Finance, Sales & Marketing, IT, Operations & SCM, among other fields. | 24% |
| E-Commerce & Healthcare | E-commerce giants including Amazon, eBay, and Flipkart provided positions in Analytics, Operations Management, Project Management, and SCM. In the healthcare sector, companies such as Cipla, Dr. Reddy’s, Haleon, and Kenvue offered significant roles in Analytics, Digital, and Operations & SCM. | 16% |
| Conglomerate & Others | Highly reputed recruiters such as Adani Group, Godrej, Reliance Industries and Tata Administrative Services offered eminent roles in General Management & Operations. The season also witnessed ABFRL, AM/NS, Castrol, Jubilant FoodWorks, Pernod Ricard, and UBL offer roles in Sales & Marketing and Supply Chain. |
24% |
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Message from the Placement Desk
Congratulating the students on their stellar achievement, Prof. Mayank Pareek, the Faculty Coordinator from the Placement Desk, expressed immense pride in the outstanding opportunities received by the students. He remarked,
"I am delighted that the summer internship placements for
the batch of 2023-2025 at Shailesh J. Mehta School of
Management, IIT Bombay has been completed
with 100% placements. The companies have offered
exciting roles in various domains for the students, and the
School has done well compared to other competing
institutions. I thank the recruiting companies for keeping
faith with our School. The top 25% of students secured a
median stipend of ₹4.5 lakh, which is a reflection of the
curriculum and training of our students. I thank my
colleagues and our alumni for their support in completing
the placement process. I expect the summer interns to make
a good impression and wish them all the best.”
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