MICA students offered Rs 2 lakh stipend for summer internship

Registering an increase in 15 per cent from the last year, the students of Mudra Institute of Communications, Ahmedabad, (MICA) have been offered a stipend of as much as Rs 2 lakh for their two-month summer internship from April-June, 2018. While the highest domestic stipend offered is Rs 2 lakh, the highest international stipend is Rs 1.30 lakh.

Professor Vaneet Chhibber, Associate Director of External Relations and Marketing, said, “We have not just registered 100 per cent summer placement, but have also registered a 15 per cent hike in the stipend offered. A total of 66 companies participated in the summer placements, including two international recruiters.”

The students are from the first year of the 24th batch of PGDM- communications programme. According to a press release issued on Wednesday, the highest number of offers were made in the digital and e-commerce sector, followed by FMCD, retail and manufacturing and advertising, communication and brand strategy. Amazon, Bajaj Auto, Walmart, Royal Enflield, Future Group, Disney, Sony Pictures Networks, HT Media, RedBull, Godfrey Phillips, L’Oréal, RBL Bank and Dell were among the recruiters.

Dr Shailendra Mehta, president and director of the institute said, “MICA is unique in the way that we admit students through two tests – including our very own MICAT, which tests their creativity, empathy and out of the box thinking. No doubt our students are making a mark in some of the most innovative companies in the world.”