IIM-Bangalore records 100% summer placements with a median stipend of ₹2,000 per month

Indian Institute of Management-Bangalore. | Photo credit: File photo

Bengaluru

The summer internship for the 2026-28 cohorts at the Indian Institute of Management Bangalore (IIM-B) concluded with all 608 participating students securing offers from 128 organizations during the working week of October 26-29.

According to a report from IIM-B, consulting accounted for a little more than half of the recruitments at 50.7% of all offers. The median stipend per batch was ₹ 2 lakh per month and the average was ₹ 1.95 lakh per month. Accenture Strategy submitted a record number of bids, 123.

The process saw strong participation from recruiters across the domains of consulting, finance, product management, sales and marketing, general management and analytics. “The cycle also saw increased hiring by leading technology companies, along with an increase in new hires, which accounted for approximately 40% of participating organizations,” the report said.

Tapas Ranjan Pati, Head of Career Development Services, said, “Management Consulting emerged as the most preferred domain, accounting for over 50% of offers, followed by Finance/Investment and Product Management roles. Senior recruiters, including global FMCG giants and leading Indian conglomerates, continue to recruit in significant numbers.”

The placement committee reported that the season saw strong participation from both senior and new recruits, with approximately 40% being first-time recruits.

Published – 01 Nov 2026 01:18 IST