2017 Top Companies with Highest Paid Internships in India



2017 Top Companies with highest paid Internships in India

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


AMEX

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


Deutsche Bank Interns

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.

3. Britannia

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​

4. Directi


A Directi Office Bangalore

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​

5. PayPal