Recruiters queue up at top B-schools to hire best interns

MUMBAI/NEW DELHI: The challenging job market has failed to put a dampener on the country’s leading business schools with summer placements starting off on a strong note.

Institutes such as Management Development Institute, Gurgaon; XLRI Jamshedpur, SPJIMR and the Indian Institute of Foreign Trade have seen average stipends jump 20-24% as recruiters rushed to snap up the best interns off campuses. The top stipend this year so far for a two-month internship is Rs 5 lakh.

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