{
  "id": 18357143,
  "title": "Internship hiring picks up at top B-schools",
  "url": "https://urgent.news/2026/11/05/internship-hiring-picks-up-at-top-b-schools",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-05T18:39:02.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/news/company/corporate-trends/internship-hiring-picks-up-at-top-b-schools-stipends-rise/articleshow/135584333.cms"
  },
  "original_language": "en",
  "account": "Recruiters at India's top business schools are increasingly turning to summer internships as a primary means of hiring, offering higher stipends and making more pre-placement offers (PPOs) to students from the Class of 2027 compared to previous years. Placement officials at prestigious institutions such as IIM Calcutta, IIM Lucknow, IIM Kozhikode, and SPJIMR reported stronger internship hiring this year, with greater participation from recruiters.\n\nThe summer internship process occurs during the first year of the MBA course, while PPOs are provided in the second year, right before the final placements. According to Prem Prakash Dewani, chairperson of placement at IIM Lucknow, summer internships are the primary channel for full-time hiring at the institute. Students at IIM Lucknow received an average monthly stipend of ₹1.72 lakh, an increase from ₹1.67 lakh last year, with the median stipend rising to ₹1.75 lakh from ₹1.72 lakh. This indicates that the higher stipends were distributed across the batch rather than concentrated among a few top offers.\n\nIIM Kozhikode also saw an increase in PPO conversions from summer internships. Ankur Jain, chairperson of the institute's CARE platform, mentioned that the institute has one of the highest conversion rates. The average stipend at IIM Kozhikode rose to ₹1.93 lakh from ₹1.85 lakh this year, while the highest monthly stipend increased to ₹9.5 lakh from ₹6 lakh in the previous year. IIM Calcutta onboarded 51 new recruiters this year, including Asian Paints, Gridlines, L.E.K. Consulting, L'Oreal, Mondelez International, Raine Group, Samara Capital, and UKG.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}