IIM Calcutta Summer Internship 2026-28: Process, Batch Profile, Stipend Benchmark and PPOs

IIM Calcutta's summer internship process for the 2026-28 batch began on 9 October 2026, and aspirants want to know how it works, who is in the batch and what the stipends look like. The official figures are not out yet, so here is what is confirmed, what last year's batch earned and how to read the numbers when they arrive.

The Short Answer

The summer internship is a mandatory eight-week, offline industry programme between the first and second year of the MBA, and it is the first real recruitment round for the batch. For the 63rd batch (2026-28), the process began on 9 October 2026. The batch has 483 students with an average work experience of about 22 months. IIM Calcutta has not published the offer count, placement percentage or stipend figures yet. The best benchmark is the 2025-27 batch, whose highest domestic stipend was ₹4.5 lakh a month and whose highest international stipend was about ₹6 lakh a month.

What the Summer Internship Is

The internship is not a formality. It is how many students move into a final offer, and how recruiters see students before the final placement round.

IIM Calcutta 2026-28 Batch Profile

The class is mostly experienced, and a large share comes from top engineering institutes. That shapes what recruiters expect, so if you are a fresher or from a non-engineering background, plan how you will show your own strengths. Our guide to skills beyond the MBA degree explains how.

What Is Not Out Yet

IIM Calcutta has not released these for 2026-28:

• Placement percentage and offer count
• Average, median and highest stipend
• Top 5% average stipend
• Recruiter list and sector split
• PPO numbers

Claims online that the process finished in two days have not been confirmed by the institute, so treat any early numbers with caution until the official report is out.

The Last Published Benchmark: 2025-27 Batch

The median is higher than the average, so most students earned close to or above ₹2 lakh, while a few lower offers pulled the average down. The highest stipend says little about a typical student's offer.

For another top IIM, see our post on IIM Lucknow's summer placements for 2026-28, which has a median stipend of ₹1.75 lakh and a highest domestic stipend of ₹3.5 lakh. The two batches are different sizes, so this is context and not a ranking.

How PPOs Work

A PPO is a job offer a company makes to an intern at the end of the internship, before the final placement process. Some recruiters at IIM Calcutta often offer PPOs, and some investment and finance firms hire through a strict PPO route. A PPO gives you an offer early, but you still need to perform during the internship, because the offer depends on your work in those eight weeks.

What helps in the internship:

• Treat it as a long interview. Your manager's feedback decides the offer.
• Pick a project you can show. A clear result gives you a story for later interviews.
• Ask for feedback early, not just at the end.
• Build relationships. Mentors and managers often influence the PPO decision.

How to Read the Stipend Numbers When They Arrive

For aspirants, the median is the most useful figure. Also remember that a summer stipend is not a final salary, because it is paid for eight weeks at the end of your first year.

What This Means If You Are Preparing for CAT

This part is our judgement.

• The internship is part of the selection you are preparing for. A top IIM's value comes from the placement pipeline, not only the degree.
• Your profile affects your internship options. With a mostly experienced class, evidence of real work counts. Start documenting your projects and results now.
• Know how IIM Calcutta selects. See our post on IIM Calcutta's MBA selection criteria for 2027.
• Compare before you decide. Our comparison of the top six IIMs puts IIM Calcutta next to the others, and our list of the top B-schools for consulting shows where consulting recruiters go.
• Use the weeks before CAT well. CAT is on 29 November, and our guide to the mistakes to avoid in the last six weeks before CAT 2026 helps you plan.

What We Do Not Know Yet

• The 2026-28 offers, stipends, recruiter list and PPO numbers have not been released.
• Whether this year's stipends will be higher or lower than last year's is not known, so treat the 2025-27 figures as a reference, not a forecast.
• A summer report says little about final placements, so do not treat it as a prediction of next year's salaries.

Frequently Asked Questions

When did the IIM Calcutta summer internship process start for 2026-28? On 9 October 2026.

How long is the IIM Calcutta summer internship? Eight weeks, after the first year, and it is mandatory for the batch.

What was the highest stipend at IIM Calcutta last year? For the 2025-27 batch, the highest domestic stipend was ₹4.5 lakh a month and the highest international stipend was about ₹6 lakh a month.

What is the median stipend at IIM Calcutta? For the 2025-27 batch, it was ₹2 lakh a month. The 2026-28 figure is not out yet.

How many students are in the 2026-28 batch? 483, with an average work experience of about 22 months.

Do summer internships lead to PPOs? Often. Some recruiters convert interns into PPOs, and a few firms hire through a strict PPO route.

Is the summer stipend the same as a final salary? No. It is paid for a short internship, and final placement packages are a separate set of figures.

Final Word

IIM Calcutta's summer internship is under way, but the numbers are not out. Until they are, use the 2025-27 benchmark, look at the median and not the headline, and remember that the internship is the start of a placement pipeline. Placement figures change every year, so confirm the latest numbers on IIM Calcutta's official website.