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Summer Placement Report

The document summarizes the MBA summer internship program at IIT Kanpur for the class of 2011. Several new companies participated in the program including Yamaha, HDFC Life Insurance, Cybage, Frost and Sullivan, Ranbaxy, and Timesgroup, offering exciting new profiles. A total of 25 firms participated, with students receiving offers from 16 of them. The majority of offers were in marketing (45%), followed by operations (26%), finance (19%), consulting and corporate strategy (7%), and information systems (2%). The maximum stipend offered was Rs. 25,000 per month while the average was Rs. 10,000 per month.

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42 views

Summer Placement Report

The document summarizes the MBA summer internship program at IIT Kanpur for the class of 2011. Several new companies participated in the program including Yamaha, HDFC Life Insurance, Cybage, Frost and Sullivan, Ranbaxy, and Timesgroup, offering exciting new profiles. A total of 25 firms participated, with students receiving offers from 16 of them. The majority of offers were in marketing (45%), followed by operations (26%), finance (19%), consulting and corporate strategy (7%), and information systems (2%). The maximum stipend offered was Rs. 25,000 per month while the average was Rs. 10,000 per month.

Uploaded by

sachinarora20
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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MBA Summer Internship Report

IME DEPT, INDIAN INSTITUTE OF TECHNOLOGY KANPUR


The summer placement season for the batch of 2011 began in full flow in late January and
was concluded by mid of March. A batch of 42 managed to span IT, Marketing, Finance and
Operations profiles with ease – a reaffirmation of the growing confidence of the industry in
the IIT Kanpur MBA program.

This year marked the entry of several new brands into the summer internship program of the
institute - Yamaha, HDFC Life Insurance, Cybage, Frost and Sullivan, Ranbaxy, Timesgroup
(Radio Mirchi) and ITC – each offering exciting profiles to the students. PSU organizations
also participated, and as always, took up our students in good numbers.

In all close to firms came in for 25 firms participated in the summer internship process, with
the students being lapped up in 16 of these – the rest had to return without any luck.

HDFC Life Insurance, BPCL, RBI, NSE, Ranbaxy, ITC, Canara Bank and Mantis offered
finance profiles. ITC offered coveted project finance profiles while HDFC Life Insurance
selected students for the design of financial investment plans for its customers. Mantis came
in for students with the requirement of developing financial strategy games. FHCIL &
NABARD could not get any students.

Consulting and Corporate Planning came in as our regulars. The Madhya Pradesh School of
Good Governance, an administrative wing of the MP government, offered the profiles of
consultants to the administration on live developmental projects in the state. Voltas came in
all confidence for our students, as they have always, for roles in corporate planning, where
students will be required to work on live individual projects covering the domain of their
choice.

Operations profiles were offered by BPCL, DCM Shriram and Illinois Tool Works (ITW).
Those who came in late could unfortunately not manage to bag any students – these included
SAIL, Vedanta, Everest Industries, FCI and generalists like SCI. While core operations
profiles were offered by DCM and BPCL, ITW offered Supply Chain consulting roles for
business development.

Marketing saw the advent of Frost and Sullivan, one of our first timers, for market research
profiles. TimesGroup’s Radio Mirchi (New Delhi) was our other big participant, taking
students up for core B2C marketing profiles. Others to offer the market research were again
Illinois Tool Works (for Western and Northern India) and BPCL (for Central India region).
HDFC Life Insurance too provided the market research profile to students for assimilating
and developing financial instruments based on consumer insurance requirements. And yet
another big entry was Jaipur Rugs, a social venture and a Forbes-listed model organization,
offering roles in Brand Management. Orbit Travels and Greenpeace could not get any
students in the end.

IT sector saw participation from Cybage and L&T Infotech.

The maximum stipends offered were Rs.25000/- per month, while the minimum was zero,
with students voluntarily taking up assignments in TimesGroup’s Radio Mirchi for no
stipend. The mean stipend is Rs.10000/- per month.

The following is the break-up of the internship profiles offered.


Profiles

2% 7% 19%

Consulting & Corporate Strategy


Finance
45% 26%
Marketing
Information Systems
Operations

For more details, contact the Placement Co-ordinators:

Chandan Jha Anuj Sharma


MBA Bath of 2011 MBA Batch of 2011
[email protected] [email protected]

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