FMCG Leads Summer Placements at TISS
Mumbai: The Tata Institute of Social Sciences (TISS) Mumbai has completed summer placements for its twoyear postgraduate programme in human resource management and labour relations with a median monthly stipend of ₹ 90,000, up 20% from ₹ 75,000 per month last year.
The median stipend for the 2017-19 batch was ₹ 88,060 per month, up from ₹ 82,226 per month for the 2016-18 batch. In all, 67 students participated in the process, where 34 recruiters made offers.
ITC has paid the highest stipend this year of ₹ 1.5 lakh per month while Aditya Birla Group was the biggest recruiter, making seven offers. The maximum number of students — 20.58% of the batch — will do their internships at fast-moving consumer goods (FMCG) companies. Conglomerates made the second-highest number of internship offers to 17.64% of the batch. The summer placements process saw participation from four first-time recruiters inclu- ding Development Bank of Singapore, OYO Rooms, Max Healthcare and Qualcomm. Companies including Colgate Palmolive, Cisco, Intel and Piramal Group were back on the campus after a hiatus.
Participating companies included Asian Paints, Colgate Palmolive, HUL, ITC, Marico, Nestle and Pidilite from the FMCG sector; Deloitte from consulting; Citibank, DBS, FIS Global and JPMorgan Chase from BFSI; Atos and Cisco from IT/ITeS; Intel and Qualcomm from engineering and tech; Shell from oil and gas; and Cipla, Dr Reddy’s, GSK Pharma, Novartis and Sun from pharmaceuticals.