Shailesh J Mehta School of Management completes summer placement with top stipend of Rs 2.8 lakh

The outgoing batch of 2018 of Shailesh J. Mehta School of Management, IIT Bombay completed its summer placements with a top stipend of Rs. 2.80 lakh, a jump of 40% compared to last year. The average stipend for the batch rose to  s. 1.19 lakh, witnessing an increase of 27% over the previous year.

Students bagged offers in the summer placements from 40 participating companies with several new recruiters and also some existing recruiters. 

The new companies visiting the campus included marquee recruiters like Boehringer Ingelheim, Ocwen Financial Services, Pidilite, United Health Group and Whirlpool, with profiles offered in General Management, Sales & Marketing, BFSI and Supply chain management. 

True to its trend of close association with the FMCG sector, 29% of the batch has secured offers from the segment. The Consulting/IT sector came second with 22% of the batch securing offers in the sector. Manufacturing and BFSI stood third and fourth respectively, followed by Healthcare and other sectors.