IIM-Calcutta summer internship: Students receive 513 offers, Rs 1.65 lakh average stipend

The highest domestic stipend was recorded at Rs 3.75 lakh per month with the top 25 percentile of the batch receiving an average stipend of Rs 2.31 lakh per month.
Despite the challenging market conditions, IIM Calcutta closed the summer internship placement cycle for first-year MBA programme with students receiving an average stipend of Rs 1.65 lakh per month, the institute announced in a statement. About 466 students received a total of 513 offers.

The median stipend went as high as Rs 1.7 lakh per month, both being an institute record despite the macro-economic conditions, the statement said on Wednesday.