It is not surprising for companies across different verticals to try and bag the best (and raw) talent by offering lucrative internship offers. Some companies promise pre-placement offers, while some try to lure in the interns by offering them amazing perks. But which companies to interns fancy the most? Of course, the one with the best ‘stipend’!
Switch Idea’s Top Highest Paying Internships report identifies companies with the highest median monthly pay for internships as reported by India-based interns over the past year (01/06/16 – 02/06/17). In cases where companies have the same median monthly stipend, the company with the greater number of intern reviews receives higher rank.
1. American Express
The company is best known for its credit card, charge card, and traveler's cheque businesses. In 2016, credit cards using the American Express network accounted for 22.9% of the total dollar volume of credit card transactions in the US.
Recently named as India’s best organization to work for, American Express offers internships to students as a part of their WINGS program. While interning with American Express you will get a chance to hone your skills by working on business-critical projects. You will work with leaders who will push you to explore your passions. And of course, the hefty stipend which is way more than what many engineers gets even after several years of job experience.
Stipend Amount – 68,000 INR
Application Process: The company hires interns who work from their Gurugram (earlier Gurgaon) and Bengaluru offices. The application process is simple and works in three-step-process. First students need to complete the online application, which is them followed by a group discussion or an online test. Those who qualify this, are then invited for a f2f on-campus interview.
2. Deutsche Bank
A German global banking and financial services company, Deutsche Bank has a remarkable presence in India with branches in more than 16 cities. The core business of the bank is investment banking which accounts for 50% equity and 50% profit. The company is known for its fully integrated financial services and products for corporate institutions and individual clients.
In addition to the enticing stipend amount, summer internship program at Deutsche bank is to provide students with an insight into a potential career in the field of financial services. While interning here, students will get a chance to work closely with a mentor who will help them learn corporate intricacies while working in interesting, challenging projects.
Stipend Amount – 57,000 INR
Additional Information: Though the company's last intern recruitment record dates back to June 2016, Deutsche Bank ranks the second position in the list. The intern recruitment policy of DB is highly tailored towards absorbing interns who have a strong academic history. 80% of these interns are hired from IIT's and IIM's for a duration of 60 days. Apart from offering a great stipend, DB interns are put up in a 5 star for 1 week and get all meals and transportation for full period apart from the stipend.
The Indian food-product corporation has its head office in Bengaluru. It is the leading food company in India with Rs 8500 crores in revenue. Britannia Dairy is one of the largest divisions of the food corporation and it accounts for 10% of the company’s total revenue.
Apply for an internship with the ‘Biscuit King’ with their summer internship program and give your career an opportunity to escalate to new heights. If you have performed well during your internship period of 2 months, you might get pre-placement offers. Whats more? Britannia also give a ‘Best Summer Project’ award where the best intern will be given a sizeable cash award
Stipend Amount – 55,000 INR
Directi is an Indian IT service company that is first ICANN accredited registrar in India. Directi portfolio companies comprise of Radix, Ringo, Flock, Zeta and Codechef. All the businesses owned by Directi are bootstrapped and are among the top 5 in their respective global market space.
If you are looking to intern with a forward-thinking company where what you as an individual contribute matters more than what you read in textbooks, Directi is for you. The hiring process is not easy though. You will have to successfully clear several rounds of interviews before you get a chance to intern with every intern’s dream company. Stipend Amount – 52,000 INR
PayPal is the world’s largest internet payment company that facilitates multi-country financial transactions. It enables the users to receive money in more than 100 currencies, withdraw funds from their PayPal account in 56 currencies and hold balances in their PayPal accounts in 25 currencies. It has revolutionized the way inter-country financial transaction used to occur and serve as a way faster and easier alternative as compared to traditional checks and bank transfer.
One look at the tons of testimonial from former interns of PayPal and you will know why PayPal has made it to this list. Every year the companies hire a couple of interns who are considered and treated equal to a full-time employee in the company. They are given the tasks, the opportunities, the responsibilities and the ‘salary’ as a full-time employee too! Exactly what every intern expects from his employer.
Stipend Amount – 50,000 INR
Headquartered in Kolkata, ITC is a Indian conglomerate with its business in 5 different segments, including Fast-Moving Consumer Goods (FMCG), Hotels, Paperboards & Packaging, Agri Business & Information Technology. With an annual turnover of US $8.31 billion in 2012-13, ITC Limited is a part of Forbes 2000 list. The company employs more than 25,000 people in their 60 offices across India.
If you are passionate about international trade and development and want to use everything you’ve learned so far in an industry environment, ITC is the place to intern. You can apply for internship position here through ITC’s internship program KITES. Here you will get a chance to work in ‘real’ projects that mean business for the company. 10-12 months of internship at this business giant will make you learn corporate nuisance and make you industry-ready.
Stipend Amount – 45,000 INR
Arista is a computer networking company that designs multilayer network switches. The company has some of the break-through products in its cap including an array of 10/40/100 Gigabit Ethernet low-latency cut-through switches, including the 7124SX, which remained the fastest switch using SFP+ optics through September 2012. The company recorded a revenue of US$ 1.26 billion in 2016.
Known for their new innovations in the software driven cloud network space, Arista is the dream company for computer geeks. When interning with Arista, you will get a chance to work with individuals who are passionate about solving networking problems and creating great products. Fully stocked break rooms, gym, on-site cafeteria and flexible working hours are just a few of the many luxuries that you as an intern will get at Arista. And of course, the stipend!
Stipend Amount – 43,000 INR
It is the second largest confectionary company in the world with operations in more than 50 countries. Wholly owned by Mondelez International, cadbury chocolate are among the most popular across the world, especially their trademark Dairy Milk, the Crème Egg and the Roses Selection Box.
An internship with one of the confectionery, food and beverage company not only gives you amazing exposure and memorable experience but is also beneficial for your future. And the fact that it is the same company that makes ‘Dairy Milk and 5 Star’ is sure to excite every Indian student to no-ends. The duration of internship at Cadbury is usually 10 weeks and star performers are extended pre-placement offer right away.
Stipend Amount – 42,000 INR
Microsoft is best known for its line of software products including its line of Operating Systems, MS Office Suite and Internet Explorer. Xbox Video Games and Microsoft Surface tablets are its popular hardware products. As of 2016, it is the world's largest software maker by revenue with a revenue of staggering US$ 85.32 in 2016.
Microsoft believes that young minds have great potential to bring something new to the table and solve real world problems. Internship programs at Microsoft are referred as the place where journey for future Microsoft employees begins. If you can secure an internship with Microsoft, there are high chances that you will end up with a pre-placement offer. Here you will get to work on real projects while being mentored by experienced employees and having lots of learning and fun on the way.
Stipend Amount – 40,000 INR
10. Goldman Sachs
It is one of the largest investment banking, investment securities and investment management companies in the world. With revenue of US$37.71 billion in 2016, it is clearly one of the market makers not only in the US but across continents. Many former employees from the company grew up to hold prominent positions including heading the New York Stock Exchange, the World Bank, and major banks such as Citigroup and Merrill Lynch.
An internship with Goldman Sachs gives you the opportunity to learn about the finance industry by getting involved in real projects. You will work side by side with experts and you will also receive division-specific training to help you understand the working of divisions. From 2-weeks internships to full-time intern, there are many different types of internship opportunity at Goldman Sachs.
Stipend Amount – 37,000 INR
Cisco Systems, Inc. is an American multinational technology conglomerate headquartered in San Jose, California, in the center of Silicon Valley, that develops, manufactures, and sells networking hardware, telecommunications equipment, and other high-technology services and products. Through its numerous acquired subsidiaries, such as OpenDNS, WebEx, and Jasper, Cisco specializes into specific tech markets, such as Internet of Things (IoT), domain security, and energy management.
The Cisco International Internship Program (CIIP) is a year-long internship opportunity for the students coming from several international universities. If selected you will be working in a high-paced environment, gaining critical exposure to the next-generation projects. At the same time, you will be networking with the professionals and interns from all over the world, while acquiring new technical, business and professional skills.
Stipend Amount – 36,000 INR
Adobe Systems Incorporated is an American multinational computer software company. The company is headquartered in San Jose, California, United States. Adobe has historically focused upon the creation of multimedia and creativity software products, with a more recent foray towards rich Internet application software development. It is best known for Photoshop, an image editing software, Acrobat Reader, the Portable Document Format (PDF) and Adobe Creative Suite, as well as its successor Adobe Creative Cloud.
Adobe, a brand that left no stone unturned in the industry of graphic editing, publishing, image processing and digital experience management, offers internship opportunities with Adobe Research. You can apply with your CV and the list of your research interests to begin internship here. At Adobe Research, interns get opportunities to work on the cutting-edge technologies and to contribute to building of the software products that touch lives of millions of people around the globe.
Stipend Amount – 35,000 INR
Bayerische Motoren Werke AG usually known under its abbreviation BMW, is a German luxury vehicle, motorcycle, and engine manufacturing company founded in 1916. It is one of the best-selling luxury automakers in the world. The company is a component of the Euro Stoxx 50 stock market index. Headquartered in Munich, Bavaria, BMW is the parent company of Mini and Rolls-Royce Motor Cars. The company produces motorcars under the BMW Motorsport division and motorcycles under BMW Motorrad, and plug-in electric cars under the BMW i sub-brand and the "iPerformance" model designation within the regular BMW lineup.
Known as Future Talent Programmes, internship at BMW is designed to help you make on-the-job learning while applying your talent to solve real life problems. The average duration of internship at BMW varies from 4 months to 6 months although a number of part-time and short duration of internships are also available. Click here to know more about internship at BMW.
Stipend Amount – 34,000 INR
Shell Oil Company is the United States-based wholly owned subsidiary of Royal Dutch Shell, a multinational "oil major" of Anglo-Dutch origins, which is amongst the largest oil companies in the world. Approximately 22,000 Shell employees are based in the U.S. The U.S. head office is in Houston, Texas. Shell Oil Company, including its consolidated companies and its share in equity companies, is one of America's largest oil and natural gas producers, natural gas marketers, gasoline marketers and petrochemical manufacturers.
The internship at Shell is called assessed internship. That means a supervisor or a mentor will support you through your internship and will undertake regular assignments to ensure that you take home a great deal of learnings from your internship. There are multiple reviews conducted during the tenure of the internship excelling in which can land you a pre-placement offer with Shell.
Stipend Amount – 34,000
15. Morgan Stanley
Morgan Stanley is a leading global financial services firm providing investment banking, securities, wealth management and investment management services. It is headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City. With offices in more than 42 countries and more than 55,000 employees, the firm's clients include corporations, governments, institutions and individuals.
The 10-week Summer Analyst Program by Morgan Stanley is an opportunity to experience the working and corporate culture of the investment bank. During your internship, you will be assigned project from a specific division for which you will receive one-week classroom training followed by division specific training. You will get an opportunity to learn about building basic skills in financial analysis, accounting and valuation, while working on real projects that mean business to the company.
Stipend Amount – 33,000 INR
Amazon.com, Inc. is an American electronic commerce and cloud computing company based in Seattle, Washington that was founded on July 5, 1994 by Jeff Bezos. The tech giant is the largest Internet-based retailer in the world by total sales and market capitalization. Amazon.com started as an online bookstore and later diversified to sell DVDs, Blu-rays, CDs, video downloads/streaming, MP3 downloads/streaming, audiobook downloads/streaming, software, video games, electronics, apparel, furniture, food, toys, and jewellery. The company also produces consumer electronics—notably, Kindle e-readers, Fire tablets, Fire TV, and Echo—and is the world's largest provider of cloud infrastructure services (IaaS and PaaS).
Getting internship opportunity with Amazon India is no cake-walk. The company which is known for its excellent internship opportunities is famous for its grueling interviews process as well. Students who think differently, question assumption and those who want to invent on behalf of customers get a chance to intern with Amazon. Apart from its hefty stipend, the fact that some of the senior leaders at Amazon once started as intern make Amazon a dream company for interns.
Stipend Amount – 33,000 INR
Flipkart is an electronic commerce company headquartered in Bangalore, Karnataka. It was founded in October 2007 by Sachin Bansal and Binny Bansal. Flipkart has launched its own product range under the name "DigiFlip" with products including tablets, USBs, and laptop bags. As of April 2017, the company was valued at $11.6 billion.
Flipkart’s internship program - FLINTERNSHIP is an offer that you can’t just ignore. At Flipkart, Flinterns as they like to proudly call them assigned great projects and provided with a robust support system to complete them. Flipkart has partnered with a number of universities to train students to deal with ever-changing tech revolutions. Flipkart visits selected campuses each year and hire students from those campuses only. Please note that Flipkart DOES NOT offer off-campus internships.
Stipend Amount – 32,000 INR
NetApp, Inc. is an American multinational storage and data management company headquartered in Sunnyvale, California. It has ranked in the Fortune 500 since 2012. Founded in 1992 with an IPO in 1995, NetApp is the leader in data insight, access, and control for hybrid cloud environments, and provides global organizations the ability to manage and share their data across on-premises, private, and public clouds.
From undergraduate students to fresh graduates, NetApp offers a myriad of internship opportunities. The intern program at NetApp is well-thought of in terms of responsibility and work experience. Apart from good perks, high stipend and great social events, what makes NetApp internship awesome is the fact that senior level VPs talk to the interns, share knowledge and experience, an unparalleled experience that very few companies offer.
Stipend Amount – 31,000 INR
Hike Messenger is an Indian messaging app. Launched on 12 December 2012, Hike attained 15 million users in February 2014 and raised $14 million for its development. Over the next few months, the application introduced free text messaging across India, chat themes, updated stickers, hidden chats and revamped user interface. In August 2014, Hike reached 35 million users and raised $65 million in a funding round led by Tiger Global.
Students who previously interned with Hike swear by the flexible work culture and amazing perks the company offers. Apart from a hefty stipend of 31,000 rupees per months, interns get access free food & fully stocked micro kitchen with free cookies and popular drinks, free gym membership, phone and data reimbursements. Interns from outside the city get help to move along with 15 days paid hotel accommodation.
However, you need to be really good at your work to be able to get an internship at Hike and sustain it there.
Stipend Amount – 31,000 INR
20. Tata Motors
Tata Motors Limited is an Indian multinational automotive manufacturing company headquartered in Mumbai, India, and a member of the Tata Group. Its products include passenger cars, trucks, vans, coaches, buses, sports cars, construction equipment and military vehicles. Tata Motor's principal subsidiaries purchased the English premium car maker Jaguar Land Rover (the maker of Jaguar and Land Rover cars) and the South Korean commercial vehicle manufacturer Tata Daewoo. Tata Motors has a bus-manufacturing joint venture with Marcopolo S.A. (Tata Marcopolo), a construction-equipment manufacturing joint venture with Hitachi (Tata Hitachi Construction Machinery), and a joint venture with Fiat Chrysler which manufactures automotive components and Fiat Chrysler and Tata branded vehicles.
Tata Motors hire summer interns through their flagship Summer Internship Program (SIP), where they conduct campus interviews and carefully pick interns from premier institutes. During the 2-month of internship, interns get a chance to work on real projects and learn the differences between theory and their practical applications. If you are forward thinking and bold to put ahead your suggestions, you might end-up getting a pre-placement offer.
Stipend Amount – 31,000 INR
Google is an American multinational technology company that specializes in Internet-related services and products. These include online advertising technologies, search, cloud computing, software, and hardware. Google was founded in 1998 by Larry Page and Sergey Brin while they were Ph.D. students at Stanford University, in California.
Just the name Google is enough to emphasize on the importance of internship here. Every year, Google roll out hundreds of internship position in different steps. Applicants have to fill out an online form and they get graded on their general cognitive ability and role-related knowledge and Googleyness. Apart from getting a chance to work on real projects, mentoring from experts and a chance on pre-placement offer, Google’s interns enjoy cushy salary, lavish perks, and a whole lot of fun.
Stipend Amount – 30,000 INR
IBM (International Business Machines Corporation) is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. IBM manufactures and markets computer hardware, middleware and software, and offers hosting and consulting services in areas ranging from mainframe computers to nanotechnology. IBM is also a major research organization, holding the record for most patents generated by a business (as of 2017) for 24 consecutive years. IBM employees have been awarded five Nobel Prizes, six Turing Awards, ten National Medals of Technology and five National Medals of Science.
IBM is known across the world for its specially designed internship projects. IBM’s flagship global internship program Extreme Blue is 10-12 weeks long and its projects are like mini-startups with IBM. While technical interns get a project that will challenge their technical abilities and MBA intern learn to gather the business solution. You can apply to be an intern with IBM through company’s website, campus recruitment or through referral.
Stipend Amount - 30,000
Samsung Group is a South Korean multinational conglomerate headquartered in Samsung Town, Seoul. The parent company owns Samsung Electronics, Samsung Heavy Industries, Samsung Engineering and Samsung C&T (respectively the world's 13th and 36th largest construction companies).
Samsung India provides excellent internship opportunities all year round and in a variety of disciplines. There are several divisions in India and internship positions are available in all of them. As an intern in Samsung India, you might get a chance to work in on the three R&D centres of the company: Samsung Research Institutes in Bangalore, Delhi, and Noida. You will get chance to work in real projects and enjoy some amazing perks and benefits including a good stipend amount.
Stipend Amount – 30,000 INR
Juniper Networks is an American multinational corporation headquartered in Sunnyvale, California that develops and markets networking products. Its products include routers, switches, network management software, network security products and software-defined networking technology. By 2001 it had a 37% share of the core routers market, challenging Cisco's once-dominant market-share.
Unlike other companies where internship start during summer, internship at Juniper begins in January every year and has a duration of 6 months. The company is very particular about the skill set they look for in an intern and hence they encourage you to apply for internship only through their official website. The perks at Juniper are surely great with highly interacting social events to tons of options for game and fully loaded snack room.
Stipend Amount – 30,000 INR
Yahoo! is a web services provider, wholly owned by Verizon Communications through Oath Inc. and headquartered in Sunnyvale, California. It was globally known for its Web portal, search engine Yahoo! Search, and related services, including Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Finance, Yahoo! Groups, Yahoo! Answers, advertising, online mapping, video sharing, fantasy sports, and its social media website. Yahoo! was the highest-read news and media website, with over 7 billion views per month, being the sixth most visited website globally in 2016.
Yahoo has a well-structured internship program that aims at helping you utilize your classroom knowledge and apply it in a professional setting. Landing an internship with Yahoo will not only give you valuable hands-on experience but it will also bridge the gap between you being a successful student and inclining as an invaluable member of Yahoo Team. At the end of the internship, you will have gained enough experience to launch your career not only with Yahoo but any company you can think of.
Stipend Amount – 29,000 INR
LinkedIn is a business- and employment-oriented social networking service that operates via websites and mobile apps. Founded on December 28, 2002 and launched on May 5, 2003, it is mainly used for professional networking, including employers posting jobs and job seekers posting their CVs. As of 2015, most of the company's revenue came from selling access to information about its members to recruiters and sales professionals. In July 2012, LinkedIn acquired 15 key Digg patents for $4 million including a "click a button to vote up a story" patent. As of April 2017, LinkedIn had 500 million members in 200 countries.
A peek into testimony blogs from previous interns and you know how awesome it will be to get a chance to work with LinkedIn. An internship position with LinkedIn will give everything you need to kick start your career. You will get an insider view into the working of largest professional network and hone your skills by working on real projects. You will be paired with a mentor who will be your guide and teacher throughout your internship. The best thing is that you will work alongside some of the brightest minds in the tech industry. And of course the perks that are too good to believe but are true indeed.
Stipend Amount – 28,000 INR
With presence in more than 145 countries, Oracle’s range of fully integrated services include cloud applications, platform services, and engineered systems. It also develops and build tools for database development, ERP and CRM software. Oracle database or Oracle RDBMS is the most popular product of the company and is widely used by developers worldwide.
Oracle offers a wide range of internship including injured veteran internship, corporate scholar internship and product engineering internship to name a few. Internship at Oracle encourages interest in science, technology, engineering, and mathematics (STEM). You get exposed to real-world work experience and take home learnings and personal tool knowledge that pave path for a rewarding career.
Stipend Amount – 28,000 INR
Nvidia is an American Technology company focused on four markets i.e. gaming, professional visualization, data centers and auto. It designs GPUs and SOCs for the gaming and professional market and recently it started producing Tegra mobile processors for smartphones, tablets, vehicle navigation and entertainment system.
Internship at Nvidia is generally for a duration of 6 months. The company visit colleges such as BITS, IITs, NITs for recruiting interns directly from campus. You can also apply for internship through company’s official page as well as through reference. Here you will get a chance to work in industrial level project and will get a chance to work alongside experts
Stipend Amount – 27,000 INR
SAP makes enterprise software to manage business operations and customer relations. With customer base across 180 countries, SAP has offices in more than 130 countries worldwide. The company locked revenue of US$20.06 billions in 2016.
You can spend as many months interning with SAP as you want, if you are able to show real growth and learning. You get hefty stipend and enjoy amazing perks while developing your business and technology skills during an internship with SAP. From coding internship to internship on Big Data, IoT, marketing and many more, there is no dearth of choices regarding the kind of internship you want to do.
Stipend Amount – 26,000 INR
VMware is the first commercially successful company to capitalize on x86 architecture. A subsidiary of Dell Technologies, the prime business of VMware is in cloud computing and platform visualization software and services. In April 2017, according to Glassdoor, VMware was ranked 3rd on the list of highest paying companies in the United States.
Just like its diverse range of product base, different kinds of internship opportunities are also available with VMware. In the internship you get an opportunity to work on real-projects under the supervision of higher authorities. You are accessed not only for your technical skills but for your analytical thinking and ability to take initiatives, excelling in which will land you a full-time position with this business giant. With a substantial stipend and many other perks it is surely the favourite company of aspiring interns.
Stipend Amount – 26,000 INR
Nokia is an information technology and consumer electronics company which is a major contributor to the mobile telephony industry. At one time, Nokia was the market leader for mobile phones in the early cell phone era and it still continues to be one of the major names in the industry. At its peak in 2000, Nokia alone accounted for 4% of GDP of Finland.
If you want to contribute to the development of cutting-edge solutions that transform the way people communicate, Nokia is the company having the right internship opportunity for you. A globally renowned brand, Nokia, invites the talented freshers to have a glimpse into what ideal career in the field of telecom should look like. They offer the interns a customized mentorship program and ensure they’re smoothly integrated into the teams.
Stipend Amount – 24,000 INR
Intel is the world’s largest and highest valued semiconductor chip manufacturer in the world. The processors found in most of the world’s computer is manufactured by Intel. Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell. The company is the inventor of the highly popular x86 series of microprocessors. In June 2017, Intel Corporation has announced an investment of over Rs.1100 crore ($170 million) for its upcoming Research and Development (R&D) centre in Bangalore.
Intel offers year-round opportunities for the interns within their engineering, business, and general management groups. What makes these opportunities unique is the fact that the interns may even earn many benefits available to the full-time employees too, such as a competitive stipend, access to various courses, and networking opportunities.
Stipend Amount – 23000 INR
33. HP (Hewlett Packard)
HP was the world's leading PC manufacturer from 2007 to Q2 2013. Major product lines of the company include personal computing devices, enterprise and industry standard servers, related storage devices, networking products, and software and a diverse range of printers and other imaging product. The company also manufactures printers under the brand HP Inc.
At HP, internship assignments are focused on provided core, hands-on experience that prepares interns to face the real challenges of a great career after their graduation. With a well-structured internship program at HP, you gain an opportunity to utilize your existing academic skills and to learn how your studies translate into a professional setting. In addition to the obvious advantages like networking opportunities and learning in a professional environment, you are also prepared to get off on the right foot for a career with HP, after your graduation.
Stipend Amount – 23,000 INR
34. J.P. Morgan
J.P.Morgan is the predecessor of three of the largest banking institutions globally JPMorgan Chase, Morgan Stanley, and Deutsche Bank. It is one of the largest banking institutions in the world and deals in investment banking commercial banking, and asset management. It is a major provider of financial services, and according to Forbes magazine is the world's sixth largest public company based upon a composite ranking.
J.P. Morgan offers you internship opportunities in the field of investment banking and global finance. The internship programs at J.P. Morgan are designed to strengthen your understanding of the firm, its operational models, revenue model and the way they manage expenses. As an intern, you would be trusted to work on initiatives that affect the key business metrics and involve activities, such as preparing external reporting, gathering internal and external data, financial budgeting or forecasting. For a finance graduate, an internship at J.P. Morgan is aimed to pave the way to a rewarding career.
Stipend Amount – 22,000 INR
Qualcomm is a world-leader and the pioneer in various technologies in the field of telecom. It is an American multinational semiconductor and telecommunications equipment company that designs and markets wireless telecommunications products and services. The biggest revenue for Qualcomm comes from its chip making business and the patent licensing business.
Qualcomm offers internship opportunities to the students currently in an active education. A typical internship at Qualcomm involves expansion of your technical knowledge by means of lab tours, guided sessions, and peer discussions along with opportunities to participate in innovative competitions. In addition, you enhance your learning through workshops and hands-on application of your skills while being involved with groups, such as U2Q, University to Qualcomm New Grad Network.
Stipend Amount – 22,000 INR
Having a legacy of nearly three centuries, Siemens operates in a variety of industry domains, including Industry, Energy, Healthcare and Infrastructure & Cities. The company is a prominent maker of medical diagnostics equipment and provides healthcare products to almost every country in the world, with their cutting-edge technology and a sound understanding of the trade. As of 30 September 2011, Siemens held approximately 53,300 patents worldwide.
If you are a student willing to earn while you develop the in-demand skills in the field of engineering, healthcare, IT or commerce, Siemens offers you an opportunity to intern with them. As a great first step into the world of professionalism, you learn to apply your knowledge to the day-to-day work at Siemens. Putting your skills into action on real projects directly gives you a competitive edge over the industry peers; on the other hand, allows you to have a first-hand feel of a world-class career.
Stipend Amount – 22,000 INR
Dell Technologies, one of the largest technology companies in the world with 138,000 employees.
Dell is one of the organizations that have been at the forefront of technology innovations that empower countries, communities, customers and people at large. The third-largest PC vendor in the world, Dell, is also well known for its innovations in supply chain management and e-commerce solutions.
At Dell, an aspiring intern like you has various internship opportunities in the areas, such as accounting and financial services, engineering and computer science, operations, sales, inside sales and marketing. Whereas the subject matter varies according to your field of education and the discipline of the selected internship, what remains common across all the internship programs at Dell, is the excellent exposure you gain to the real-world skills and the work experiences.
Stipend Amount – 22,000 INR
Deloitte currently has the highest market share in auditing among the top 500 companies in India. One of the “Big Four” accounting and consulting firms in the world, Deloitte is one of the world leaders in the field of audit, taxation, consulting, risk management and financial advisory services. Ranked as one of the best companies to work for and as the best place to launch a career, Deloitte has consistently been the favourite employer for the experienced as well as the fresh graduates for several years in a row.
The internship opportunities at Deloitte offer you a taste of a career with Deloitte as a professional. Designed to help you find out what excites and inspire you, you gain internship opportunities to work in a field relevant to your education, including Audit & Advisory, Risk Advisory, Corporate Finance, Restructuring & Forensic Services, Tax and Consulting. Deloitte’s technology programs include Cyber Risk, Deloitte Digital, Information Management & Analytics and Systems Integration.
Stipend Amount – 21,000 INR
World’s second largest card payment organization, Visa Inc., is an American financial services corporation. Visa is a leading organization that facilitates electronic funds transfers through credit cards and debit cards issued by most banks in every country. Visa doesn’t issue cards but provides payment products to financial institutions allowing them to offer their own branded credit, debit, prepaid, multi currency products to their customers.
Visa has well-designed internship programs that focus on helping you gain real-world experience during an intensive internship. This enables you to where you will work on challenging and rewarding assignments, learn from Visa business leaders and executives and enjoy social and networking activities.
Stipend Amount – 21,000 INR
One of the oldest global organizations that operate till date, Philips is a globally renowned name in the fields of electronics, healthcare and lighting. With a legacy of over 126 years, Philips employs around 105,000 people across over 60 countries in the world.
If you are a student that aspires to contribute to the healthcare, driving results by your passion, Philip’s internship program is for you. At Philips, you gain exposure to technology and business both, which coupled with your passion and ambition gives rise to an enriching internship experience.
Stipend Amount – 20,000 INR
The largest publicly traded organization of India by market capital and the second largest by revenue, Reliance Industries Ltd, carries an inspiring story of success for any business. Reliance Industries Ltd has set its footprints in several business domains, such as petroleum, retail, life sciences and healthcare, logistics, solar electricity, telecom, infrastructure and media, and touches the lives of an average Indian on a daily basis.
Reliance welcomes you to its internship program where you get opportunities to work in disciplines, such as HR, finance, operations, marketing, and petrochemicals, as well as in media. Since the bar of standards is quite high at Reliance, they choose the bright achievers from the B-schools and technical institutions from all over the country.
Stipend Amount – 20,000 INR
Infosys Limited is the second largest Indian IT company that provides services in the areas of business consulting, IT services, and outsourcing. Having its headquarters at Bengaluru, Infosys has earned the reputation of a dream organization for someone looking to kick start their career and has been ranked as one of the best places to work for several years in a row.
Infosys runs a global internship program, InStep, which attracts a blend of students from multiple fields, such as technology, management and arts. Giving exposure to a multi-cultural and cosmopolitan environment, InStep allows you learn while you work on real cutting-edge projects. An internship at Infosys is a natural progression for an intern who looks forward to a rewarding career in the field of I.T. or management after their graduation.
Stipend Amount – 19,000 INR
43. GE (General Electric)
The thirteenth largest firm in the USA by revenue, GE, carries forward the legacy of the legendary scientist, Thomas Edison. Today it operates in numerous fields, Aviation, Current, Digital, Energy Connections, Global Research, Healthcare, Lighting, Oil and Gas, Power, Renewable Energy, Transportation, and Capital which cater to the needs of Financial services, Medical devices, Life Sciences, Pharmaceutical, Automotive, Software Development and Engineering industries.
Quite clearly, an internship with GE gives you an opportunity to work on solving some of the greatest challenges of today. You work with the best in the industry and apply your skills and academic knowledge to solve the real business problems. Coupled with an amazing work culture, you gain an experience on the top-quality project, just like a seasoned professional at GE.
Stipend Amount – 18,000 INR
44. SBI (State Bank of India)
Having roots dating back to the first decade of the 19th century, State Bank of India is the largest financial institution in India. SBI provides a wide range of banking products to the end consumers, business, and other banks and has a global presence with offices in over 36 countries. In addition, SBI has several non-banking subsidiaries operating in the segments, including fund management, capital, payment solutions, loans, life insurance and general insurance.
SBI offers internship opportunities to students of B Schools, law schools, and engineering colleges and degree colleges. Depending upon your education and discipline, you are offered internship on a project in an area of banking relevant to your profile. Students get to learn core banking, gain exposure to the work culture in the largest public sector bank and are given a certificate of completion upon submitting their project reports.
Stipend Amount – 17,000 INR
Known as one of the largest IT companies, Wipro Limited, is actually a group of companies operating in the segments, such as lighting, infrastructure, medical and healthcare, consumer products, IT and business consulting. Headquartered in Bengaluru, Wipro employs over 175000 employees at locations all over the world, serving a global customer base.
At Wipro, internship opportunities are extended to candidates that are selected through on–campus placement drives at their respective colleges. Interested candidates who are selected through on-campus placement need to contact their college placement officer so that the Wipro Location Campus manager, along with the evangelist, can identify the project and suggest the college suitability on an annual basis.
Stipend Amount – 17,000 INR
KPMG employs 189,000 people and has three lines of services: financial audit, tax, and advisory. One of the “Big Four” auditing and accounting firms in the world, KPMG is headquartered in Amsterdam, The Netherlands. Operating in the domains like a financial audit, tax and advisory, KPMG’s history spans over three centuries. KPMG has been ranked as one of the best global companies to work for as well as has earned a reputation of a great company to launch a career at.
An internship at KPMG gives you opportunities to learn business skills, partner with a mentor, build your network, and get real-world (even global) experience before graduation. In addition, you may even see your road to a full-time employment with KPMG, consequent to your internship at KPMG.
Stipend Amount – 16,000 INR
Accenture, Fortune Global 500 Company, is a global brand among the providers of services, such as management consulting, digital, technology, operations and professional services. In 2016, the company reported net revenues of $32.9 billion, with more than 394,000 employees serving clients in more than 200 cities in 120 countries.
At Accenture, internships are aimed at providing you whatever it takes to start your career right after your graduation. You’ll have the opportunity to experience our company culture, expand your network, and build skills that you’ll be able to apply anywhere. As your internship assignment, you might be entrusted with responsibilities, such as performing research, data analysis, and software development, software testing and reporting. With a talented bunch of peers, you would be networking with the like-minded people to help you along the journey of your career.
Stipend Amount – 16,000 INR
Zomato is India’s first restaurant search and directory service that currently operates in 23 countries. It serves The Web and mobile users by providing information, menus and ratings related to various restaurants, taking away the hassle from dining out, ordering food or food takeaways.
Zomato currently offers internship opportunities in the disciplines such as data collection, sales, support and software development. Whereas they provide excellent exposure to the interns by helping them contribute to the products that are serving the community, they find the right talent and assess them on the parameters required for the job before offering them an internship opportunity. In addition to working on the technology products, interns are paid a good stipend and given the opportunity to learn from the best in the industry.
Stipend Amount – 15,000 INR
49. Ernst & Young (EY)
One of the “Big Four” accounting firms, Ernst & Young has now been officially rebranded as EY. The 11th largest American firm by revenue, EY finds it place on the 100 best companies to work for. Unsurprisingly, they have over 231,000 employees across their 700 offices around the world. It provides assurance (including financial audit), tax, consulting and advisory services to companies.
In order to ensure a great start to your career, an internship with EY is a definitive first step. Your internship assignments make you work on the real projects and give you the opportunity to share the stage with the experts from the industry. In addition to experiencing a world-class work culture at EY, you also get an opportunity to qualify for the EY International intern Leadership conference, held at Disney World in Orlando, Florida, USA.
Stipend Amount – 14,000 INR
50. Tata Steel
Tata Steel Limited is an Indian steel making company and is a part of the Tata Group, a legendary name in the history of Indian industry. One of the top steel manufacturing companies in the world, Tata Steel, runs its operations in 26 countries and is listed as one of the Fortune Global 500 companies. It has also been named as World’s Most Ethical Company, three times in the past.
Tata Steel runs an internship program called, Parikshan, where they put you on assignments that revolve around patents and innovations in the field of material sciences. In an environment where ethics and culture plays an important role in the everyday lives of employees, the interns learn the nuances of the trade from the veterans who have been leading innovation for over a century. In addition to a great stipend, interns get access to all the amenities available to the full-time employees at a minimal cost.
Stipend Amount – 14,000 INR
In the field of sports, athletic shoes and apparel, Nike doesn’t need an introduction. Nike is the largest manufacturer of sports equipment, shoes, sports and fashion apparel in the world and has sponsored some of the most popular sportsmen in the world. Their trademark, Just Do It, and the Swoosh logo is considered to be among the finest and the most recognized branding aids in the world. In 2014 the brand alone was valued at $19 billion, making it the most valuable brand among sports businesses.
Nike’s internship programs are aimed at allowing students to fully immerse into the brand’s culture or curiosity and innovation. As an intern, you get opportunities to interact with the top leaders of the company, handle complex challenges, learn newer professional skills and build relationships that will go a long way along your career. You also gain access to the world-class facilities and employee benefits at Nike. And, yes, you also get discounts on several products from Nike.
Stipend Amount – 12,000 INR
Oyo Rooms is a brand of hotels in India, which works in a unique model of aggregating hotel rooms from various hotels owned by others and rooms the brand itself owns. Within four years of its inception, Oyo Rooms has grown to offer over 70000 hotels across 200 towns, which clearly indicates the kind of growth path this company is progressing along.
An internship at Oyo Rooms teaches you the importance of a great customer experience, which is hard to understand until you land in a hospitality career. At the end of the internship, you find yourselves turned into a more confident, multitasking, and a better performer, thanks to the hands-on experience you gain at Oyo. What makes it even better is that you get to witness the fruits of your hard work with your own eyes, which gives you a sense of accomplishment while you’re still a student.
Stipend Amount – 10,000 INR
One of the most successful startups of India of recent times, PayTM, has now become the de-facto alternative payment method for the Indians. They serve the consumers with their PayTM wallet as well as with the e-commerce solution, available on the Web as well as in form of mobile apps for the iOS and the Android devices. Paytm became the first Indian company to receive funding from Chinese eCommerce company Alibaba, after it raised over $625 million at a valuation of $1.5 billion.
PayTM offers internship opportunities in the field of software engineering as well as in sales. While working as an intern at PayTM, you learn the domain knowledge of alternate payment methods, payment banks and e-commerce. At the same time, you gain vital exposure to the bleeding-edge technologies, such as NodeJS, Java, AngularJS and many more. This hands-on exposure to the professional life and skills makes you a professional ready to take on the challenges of your career after your studies.
Stipend Amount – 10,000 INR
Photo credits: Pexels, Getty Images, Shutterstock, Dreamstime and companies.
Methodology: For a lot of companies, investment in interns extends beyond traditional means like training or grooming them for managerial positions. To celebrate this year's National Interns Day, our placement team evaluated thousands of verified internships, intern reviews (published on Glassdoor) and across 64 authentic job boards like Linkedin Jobs, Placements.com, WayUp, etc to compile the list of top companies with highest paid internships in India for the year 2016-17.