Summer internship cycle for the PGDM 2025–27 batch records highest-ever stipends and strong sectoral growth MUMBAI, India, Sept. 23, 2025 /PRNewswire/ -- Bharatiya Vidya Bhavan's S.P. Jain Institute of Management & Research (SPJIMR) successfully concluded its second Summer Internship Cycle for the Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management (Business Management) [PGDM (BM)] Class of 2027. The cycle reflected a strong upward trajectory in stipend offers, alongside robust industry participation and growing sectoral diversity. Placement highlights • Investment Banking (IB)/Private Equity (PE) and Product Management (PM) roles saw record increases in offers, rising by over 100% and 56% respectively. • The top 20% of the batch received an average stipend offer of ₹2.16 lakhs per month. • The top 50% of the batch received an average stipend offer of ₹2 lakhs per month. • 32% of the participants were placed with Consulting companies. • The cohort received 425 internship offers from 81 participating companies. The 361-member cohort received 425 internship offers from 81 leading companies, including 22 first-time recruiters. The average stipend stood at ₹1.66 lakhs per month, with the median stipend at ₹1.71 lakhs per month. The top 50% of students received an average of ₹2 lakhs per month, while the top 20% were offered an impressive ₹2.16 lakhs per month. The highest stipend touched ₹2.5 lakhs per month. Commenting on the successful placement cycle, Varun Nagaraj, Dean, SPJIMR, said: "The upward trajectory in stipend offers reinforces SPJIMR's mission of shaping industry-ready professionals who apply wise innovation and can contribute meaningfully to create impact from the very start of their careers. The strong growth in sectoral opportunities reflects industry confidence in the rigour and relevance of SPJIMR's pedagogy." The cycle demonstrated strong sectoral diversity, with 32% of students placed in Consulting roles, 24% in FMCG, and 10% each in PM, IB/PE, and General Management. Within Finance, 30% of students secured coveted IB/PE roles, underscoring the increasing relevance of SPJIMR's curriculum in preparing students for high-impact financial functions. Notably, IB/PE offers more than doubled with 112% growth while PM offers rose by more than 56% compared to the previous summer cycle, highlighting rising industry confidence in SPJIMR's talent pool. Renuka Kamath, Associate Dean, Full-time Programmes, SPJIMR, added: "The increase in high-value offers in critical domains such as Product Management and Investment Banking/Private Equity is testimony to the depth of our curriculum and the way it equips students to deliver impact across diverse industries. Our emphasis on blending academic learning with practical exposure continues to yield strong outcomes." This year's cycle also welcomed 22 first-time recruiters, including Alvarez & Marsal, Airtel, Dabur, Diageo, HCCB, Mastercard, Perfetti Van Melle, Phillip Capital, and Visa, further strengthening SPJIMR's industry partnerships. "The presence of 22 first-time recruiters from marquee organisations demonstrates the growing trust that industry places in SPJIMR talent. It also signals the institute's ability to nurture future-ready leaders capable of excelling in new-age roles while staying true to SPJIMR's ethos of wise innovation," noted Ashita Aggarwal, Chairperson, PGDM and PGDM (BM), SPJIMR. The results of this internship cycle underscore SPJIMR's placement strength and its deep, evolving engagement with industry. With rising stipends, a growing share of premium roles, and the addition of marquee recruiters, SPJIMR continues to set new benchmarks in management education. By aligning its curriculum with industry expectations and fostering meaningful partnerships, the institute ensures its students are well-prepared to lead in dynamic and competitive global business environments. About SPJIMR Bharatiya Vidya Bhavan's S.P. Jain Institute of Management & Research (SPJIMR) is one of India's leading postgraduate management institutes. It is recognised in the Financial Times MiM rankings as the #35 business school globally and among the Top 3 in India, ranked by Business Today as one of the country's top five business schools, and rated by the Positive Impact Rating as one of the top five schools worldwide for societal impact. Known for its innovative and socially-conscious approach to management education, research, and community engagement, SPJIMR aims to influence managerial practice and promote the value-based growth of its students, alumni, organisations and its leaders, and society. SPJIMR holds the international 'Triple Crown' of accreditations from EQUIS, AACSB, and AMBA. Visit SPJIMR.org for more information. 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