• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

Yahoo! offers highest stipend of Rs 45,000 per month

Kochi , Nov. 10

At the summer placements of the Indian Institute of Management, Kozhikode (IIM-K), 63 top companies competed for 185 students of the 2008 batch and closed the summer internship recruitments midway through first day.

Of these companies, 33 were new additions over last year, indicating the strong image IIM-K has created in the recruiters' minds over the past decade, the institute said. Some prominent companies that recruited interns this year include Goldman Sachs, Yahoo!, PricewaterhouseCoopers, Deloitte Consulting, JP Morgan Chase, Cadbury, Standard Chartered Bank, Al Aqili Group, Colgate Palmolive and Olam International. Recruiters such as HLL and HSBC Bank have returned to the campus.

Yahoo! offered the highest domestic stipend of Rs 45,000 per month to six students.

Overall, the stipends rose by nearly 35 per cent over last year as the average domestic stipend touched Rs 20,000 per month. Yahoo!, PwC, Cognizant and Standard Chartered Bank were among the many recruiters who offered the highest number of internship positions across B-schools to IIM-K.

International recruiters such as Olam International, Dubai-based Al Aqili Group, Pittsburgh-based Calance Corporation, Emirates Bank International and US Technology recruited students from IIMK for their summer internship programmes. Tata Motors offered international roles to two students — again, the most offers made in a single campus.

Apart from these, a renowned IT giant and an investment management and research player also offered positions to students in Singapore and New York, the release said. These took the number of offers by international recruiters to eleven.

The roles across verticals were well distributed. Consulting and operations roles attracted 17 per cent of the students, marketing at 30 per cent, finance with 26 per cent, IT at 21 per cent and HR 6 per cent.

More Stories on : Human Resources | Employment | Management

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Kerala CM for joint efforts to generate jobs

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line