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IIM Kozhikode completes summer placements with average stipend of Rs 2 lakh

Source | | Sreeradha Basu, ET Bureau

The Indian Institute of Management (IIM) Kozhikode has wrapped up summer placements for the 25th batch of its flagship postgraduate programme (PGP), and the second batch of the PGP Liberal Studies and Management and PGP Finance, with a top stipend of Rs 3.74 lakh for a two-month internship. The average stipend is Rs 2 lakh, a 6.4% increase from last year.

The median stipend is Rs 2 lakh, with the top 50% students securing an

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