WHY COMPANIES LIKE GOOGLE AMAZON AND MICROSOFT OFFERING OVER Rs 1 LAKHN STIPENDS TO UNDERGRAD INTERNS?

WHY COMPANIES LIKE GOOGLE AMAZON AND MICROSOFT OFFERING OVER Rs 1 LAKHN STIPENDS TO UNDERGRAD INTERNS?

Why companies like Google, Amazon, and Microsoft offering over Rs 1 lakh stipends to undergrad interns?

These internships, which can last 3-6 months, are a golden ticket to full-time roles in high-demand fields like data science, cloud computing, and analytics.

India has seen an increase in the number of undergraduate engineering students securing internships with monthly stipends of Rs 1 lakh or more in the tech industry, reflecting a growing demand for skilled engineers. Examples include Amazon, Google, Intuit India, Microsoft, Palo Alto and Goldman Sachs.

These internships, which can last 3-6 months, are a golden ticket to full-time roles in high-demand fields like data science, cloud computing, and analytics.

Compared to last year, 39 students at RV College of Engineering in Bengaluru have earned over Rs 1 lakh in monthly stipends this year, 27 at IIT Mandi. A total of 30 students have received scholarships worth Rs 1-lakh through companies such as Couchbase and Amazon, with the internship window still open this year.

V Samuel Rajkumar, director of VIT’s career development centre, noted that technical skills, problem-solving skills, and a learning mindset are important for getting these high-paying internships.

 

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