• Sunday, 28th April 2024

IIM-Vizag Shines in Summer Placements: Highest Stipend Hits Rs 2.4 Lakh



The Indian Institute of Management Visakhapatnam (IIM-V) recently concluded its summer placements for the MBA batch of 2023-25, achieving remarkable success.

With the highest stipend reaching an impressive Rs 2.4 lakh, the institute witnessed a vibrant placement season with promising opportunities for its students.

The average stipend for the batch stood at Rs 69,000, showcasing the diverse range of opportunities available to students.

Notably, the top 10% of students secured an average stipend of Rs 1.58 lakh, underscoring the caliber of talent at IIM-V.

 


Further, the top 25% of the batch received an average stipend of Rs 1.17 lakh, reflecting the institute's commitment to nurturing excellence.

A total of 163 companies, including 103 new recruiters, participated in the placement process, offering roles across various domains.

The IT and consulting sectors emerged as the top recruiters, comprising 26% of the total offers, followed by BFSI, manufacturing, EdTech, and FMCG sectors.

Renowned companies such as Deloitte, Goldman Sachs, Infosys, and TATA AIG reaffirmed their confidence in the institute's talent pool, further cementing IIM-V's position as a preferred destination for top recruiters.

 

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