MICA has set a new record in summer placements for the 2024-26 batch, with the highest stipend reaching Rs. 5,00,000 for a two-month internship. The institute has achieved 100% placement for the 31st batch of its PGDM-C and PGDM programs.
The FMCG sector was the top recruiter, offering the highest stipend of Rs. 5,00,000, up from Rs. 4,55,000 last year. The average stipend increased by 4.5% to Rs. 1,58,600. The top 25 students secured an average stipend of Rs. 4,20,072, compared to Rs. 3,63,800 last year, while the top 50 students received Rs. 3,48,368, up from Rs. 3,01,820. The median stipend rose to Rs. 1,22,000 from Rs. 1,20,000 last year.