MICA records 60% increase in highest stipend

Summer placements offered to the students of MICA this year has recorded a massive increase in highest stipend. The batch has recorded 60% increase in highest stipend and 30 per cent increase in average stipend. The 25th batch of MICA's flagship PGDM-Communications programme has recorded 100% placements with a total of 180 placed through the institute's recently conducted placements process.

Interestingly, while the average domestic stipend was recorded at Rs 81090 with an increase of 30 per cent from last year, the highest stipend rose to Rs 320000. A total of 55 companies participated in the summer placements spanning over eight weeks. The trend of international placements from MICA continued this year too with students securing internships overseas. A company gave 3 full and part duration internships in China for the first time.

The batch comprising of 180 students had a maximum number of freshers with 40 students having nearly a years work experience. The highest number of offers were made in the media and entertainment sector, followed closely by advertising, PR and brand communications, FMCD & retail, internet-based e-Commerce companies, FMCG and others.

Shailendra Mehta, President and Director said, "Our students are innovative strategists, known to think with both creative vigour and business acumen. The continued 100 per cent placements is a testament of the industry's affirmation of the value MICA delivers in its courses as well as the talent of its students."

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