Startup Funding

Class of 2027 at SPJIMR bags average stipend of Rs 1.66 lakh per month

SPJIMR's PGDM class of 2027 achieved impressive summer internship stipends, averaging Rs 1.66 lakh per month with a high of Rs 2.5 lakh. The 361-member cohort secured 425 offers, notably seeing significant growth in high-value roles like investment banking/private equity and product management, underscoring the institute's industry-ready professionals.

Startup Funding

The 2025 MBA question: Career catalyst or costly detour?

An MBA develops leadership and problem-solving skills for career advancement. It prepares individuals to manage complex workplace changes. NMIMS offers programs with various specialisations. Admissions for the 2026 MBA batch are open through the NMAT by GMAC exam. The application deadline is October 10, 2025. This investment builds capabilities and professional connections.

Industry Trends

Labour Ministry signs MoU with Zepto to enhance job avenues

The Labour & Employment Ministry signed an MoU with quick commerce firm Zepto to boost youth employment via the National Career Service (NCS) portal. Zepto will post 10,000 jobs, targeting youth, women, and first-time seekers.

Salary / Compensation

IIM Ahmedabad 2025 PGP placements: BFSI offers highest package at Rs 1.1 crore

IIM Ahmedabad's 2025 PGP placement season saw BFSI as the highest-paying sector, with a maximum earning potential of Rs 1.1 crore. Consulting remained the top choice for students, though its participation decreased, while BFSI saw increased interest. The mean MEP rose to Rs 35.2 lakh, with top sectors accounting for 80% of recruitments.

Startup Funding

Fewer IIT, IIM graduates launch startups this year

Entrepreneurial ventures among IIT and IIM graduates have significantly decreased in 2025, with only 36 startups founded compared to previous years. Experts attribute this decline to macroeconomic uncertainties, cautious investors, and a tighter funding environment. The drop is particularly noticeable among startups founded by women, reflecting a broader market correction.

Hiring News

Companies looks for extra hands as tax goodies lift festive mood

Following GST rate cuts, consumer-facing industries in India are ramping up temporary hiring to meet anticipated festive season demand. Sectors like e-commerce, consumer electronics, and auto are extending mandates for frontline and fulfillment roles. Staffing firms report a 20-25% increase in temporary workforce needs compared to last year, with quick-commerce platforms leading the surge.

Hiring News

Hiring momentum builds ahead of IIT placements

Top Indian Institutes of Technology anticipate increased hiring for the Class of 2026. Despite global economic concerns, recruiter registrations are strong. High-frequency trading firms show particular interest. IITs are implementing strategies to attract more recruiters. These include showcasing research and providing student training. IITs are also expanding international internships. They are strengthening connections with recruiters through targeted outreach.

Hiring News

IIT placement: Early signs of stronger recruiter appetite this year

Despite global economic uncertainties, India's top IITs anticipate a robust placement season for the Class of 2026. Early indicators reveal increased recruiter registrations, particularly from high-frequency trading firms and data science companies. IITs are implementing strategic initiatives, including targeted outreach and alumni surveys, to enhance placement opportunities and attract diverse recruiters.