₹80K offered as stipend at summer placements | News

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168 students recruited at MICA's yearly summer placement process on Friday

Offer made by L'Oreal and Colgate Palmolive; two from the lot bag int'l internships

The stipend offered at MICA's summer placements this year went as high as a whopping Rs80,000. The offer was made by L'Oreal and Colgate Palmolive. 61 companies participated in the event and recruited 168 students, two of whom secured international internship opportunities with the MH Alshaya group.

The average stipend offered at the placements was Rs27,342 per month and the medium and the median achieved was Rs25,000 per month. The largest intake in the week was from brand consulting and advertising sector, which recruited 30.9% of students. 11.9% students were recruited into the media and entertainment sector, followed by 11.3% in digital/intenet domain and 10.1% in FMCGs.

placement statisticsOther prominent sectors that completed the pie were digital marketing, retail, apparel and fashion, IT, sports, automotive, biotechnology, FMCD, advisory, telecommunications, events, insurance, mechanical engineering and pharmaceuticals.

Leo Burnett was the largest recruiter, followed by DDB Mudra, Amazon and GroupM. Titan, HT Media and Digital Quotient, Future Group, Star India, Amul, Wipro IT, NBA, Raymond, Berger Paints, CEB, Target Group, Disney, Puma, Kaya, Happily Unmarried, Bewakoof, Redbus, Bookmyshow were some of the other prominent recruiters.

New names that partnered with MICA this season were Turner International India, Edelman, Bosch, WAT Consult, Media.net, Exchange4Media, Publicis India, RealBridge, Voonik, Terra Reach, Eicher, The Sound, and Wizcraft International Entertainment.

MICA officials did not provide more details on the recruited students.

"I'm really looking forward to working at such an esteemed organisation. I believe it'll be an enriching experience that'll allow me to learn from the best, and broaden my horizons, by applying the knowledge I've acquired here at MICA." -Arushi Walecha, a MICAN who bagged internship with an FMCG Co

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