Students from the MICA university are offered a stipend of Rs 2 lakh

Matter of shock : Domestic stipend is more than the International stipend

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 along with registering an increase in in 15 per cent from the last year. 

It is a matter of shock that while the highest domestic stipend offered is Rs 2 lakh, the highest international stipend is Rs 1.30 lakh. 

More companies participated in the placement process than expected : 

Professor Vaneet Chhibber, Associate Director of External Relations and Marketing said that they have not only experienced 15% increment in the summer placement but also new companies joined in the selection process. A total of 66 companies participated in the summer placements, including two international recruiters.

Highest number of offers:

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.