While summer placements at the School of Business Management of Narsee Monjee Institute of Management Studies (NMIMS) are a rolling process, the highest package offered so far for the 2020 batch stands at Rs 3 lakh per month, said an official from the institute. The highest stipend may increase as a few more companies are keen on visiting the campus, she said.
SP Jain Institute of Management and Research (SPJIMR), another popular B-school, conducts autumn placements, instead of in summer. In their last autumn placements, the highest package offered was Rs 3 lakh per month and the institute is expecting a hike in the next season. Both institutes have bigger batches than JBIMS.
At the Tiss School of Management, the average stipend for the two-month summer internship programme crossed Rs 1 lakh per month this year, the highest being around Rs 1.5 lakh.
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