Shailesh J.

Mehta School of Management, IIT Bombay

Internship Report, Batch of 2011-13
 Shailesh J. Mehta School of Management witnessed yet another successful and
encouraging summer placements process this year. Summer Placements 2012 saw an increased
number of companies participating in the process compared to last year. SJMSOM is
increasingly becoming the preferred destination for many industry majors looking for summer
interns. The average stipend offered was INR 73.6 thousand, while the highest and median
stipends offered were INR 3.5 lakh and INR 48 thousand respectively. The variety of profiles on
offer for students has increased over the past few years. Companies from diverse sectors like

BFSI, Consulting, IT/ITeS, Manufacturing and FMCG participated in the process this year.

The sector wise split for the various companies which participated in this year’s process is as

follows:

Sector Splitup- Summer Internship Batch of 2011-13

Others
9% Technology/
IT
Manufacturing 13%
13%

BFSI
25%
Consumer Goods
27%

Consulting
13%

Internship Placements SJMSOM, IIT Bombay Batch of 2011-13

The maximum stipend and the average stipend offered in each sector are given in the below

graphs:

Maximum Stipend: Sectorwise- Summer Internship Batch of 2011-13

400000
350000
350000

300000

250000

200000
150000
150000
100000 100000
100000
60000
40000
50000

0
BFSI Consulting Consumer Manufacturing Others Technology/ IT
Goods

Average Stipend: Sectorwise- Summer Internship Batch of 2011-13

120000
105800
100000 94714

80000
66000
60000
42667
40000 31943 33600

20000

0
BFSI Consulting Consumer Manufacturing Others Technology/ IT
Goods

Internship Placements SJMSOM, IIT Bombay Batch of 2011-13

Banking and Financial Services (BFSI)

Organizations like Barclays Capital, DBS (Development Bank of Singapore), Standard Chartered,
Edelweiss Capital, Citibank, Everstone Capital, Reserve Bank of India, ICICI Bank, J P Morgan, etc.

offered internship offers.

Profiles offered include Investment Banking, Credit Under-writing, Corporate Finance, Credit

Risk, Corporate Banking, Corporate Finance, Business Intelligence, etc.

Consulting

Within Consulting, Deloitte and Capgemini Consulting were the biggest recruiters. Sector
specific consulting roles were offered by firms like Emergent Ventures and GeP. Arbutus
Consulting Pvt. Ltd., a boutique consulting firm too recruited from SJMSOM this year.

Profiles offered include Business Consulting, Procurement Consulting, IT Consulting, Energy

Consulting, etc.

Consumer Goods

This emerged as the most preferred sector with 27% of the batch opting for internships in this
domain. Some of the companies which recruited interns were P&G, Philips, Kraft Cadbury,
Johnson & Johnson, Colgate-Palmolive, Marico, Heinz, Britannia and Asian Paints. Students also

secured offers from first time recruiters like Titan and Berger Paints.

The profiles offered to the students include Sales, Marketing and Supply Chain Management.

Technology / IT

Industry majors in the IT and Telecom sector like Microsoft, Texas Instruments, Tata
Communications, eBay, Wipro, etc. participated in this year’s process, offering various profiles

like IT consulting, Eco energy consulting and marketing.

Internship Placements SJMSOM, IIT Bombay Batch of 2011-13

Manufacturing

Global manufacturing firms reaffirmed their faith in the capabilities of SJMSOM students by
offering some of the most sought after profiles. Ford, Bekaert Steel, Cummins, Dr.
Reddy's Laboratories Ltd, etc. offered profiles in the domains of Marketing, Corporate Finance,

Logistics and Procurement.

Summer Internship statistics

Number of participating companies 76

Highest Compensation Rs. 3,50,000

Mean Compensation Rs. 73,600

Median Compensation Rs. 48,000

Contact details

Email: placement (at) som.iitb.ac.in

Internship Placements SJMSOM, IIT Bombay Batch of 2011-13