Bangalore's XLRI students bag best of internships

As summer placements have begun in the B-schools in the country, one of the premier management colleges—XLRI School of Business & Human Resources—has reported a healthy response from the companies.

The summer internship placements for the batch of 2012 concluded recently, with 77 recruiters taking part in it and 365 offers were made to the batch of 240 students.

The highest offer made to a student for the internship, for duration of two months, stood at Rs5 lakh.

The average stipend for the two-month internship this year is `1.23 lakh, which is 10% more than past year.

Microsoft, ITC, Standard Chartered, Aditya Birla Group and Tata Motors were among the biggest recruiters this year.

The highest domestic stipend was offered by a private investment bank for its Mumbai desk.

This year, the number of international offers has increased.

While 22% students of the 2012 batch opted for finance-related internships, 28% took up marketing roles.

Another 22% chose to do internship with consultancy sector. The placements were conducted in a preference-based slotted manner.

Fr E Abraham, director of XLRI, said he was extremely pleased with the summer internship placement, which was robust despite slowdown in the global market.

He noted that the placement this year concluded in just four days and witnessed participation from new companies and emergence of new sectors.