India, Oct. 30 -- The Indian Institute of Management (IIM) Mumbai has recorded one of its best-ever summer placement seasons this year. The institute has seen over 100 top recruiters participating and more than one-third of the 2026 batch has already gotten pre-placement offers (PPOs) from their internship organisations.

This year, the highest stipend for the two-month internship touched Rs.5 lakh, and the top 10% of students will earn an average of Rs.4.45 lakh in that period. The soon to be graduates saw 101 offers from consulting firms, 92 from FMCG (Fast Moving Consumer Goods) companies, and new roles in IT and marketing. The BFSI (Banking, Financial Services, and Insurance) sector contributed more than 25% of the total offers, with ...