SUMMER INTERNSHIP PROGRAM

PLACEMENT RULES

1. All Summer Internship Projects (SIP) of 14 weeks (Tentative Duration – Feb. 8th to
14th May, 2011) are mandatory and shall be routed through Placement Cell.

2. Till such time a student does not get a firm offer for Summer Project, there shall
be no limit on the number of applications he/she can make.

3. The moment a first offer is received by a student, the concerned student shall be
automatically excluded from the list of applicants and all other applications made
by him/her to any other Company shall stand cancelled.

4. If a student has sent his/her application to a Company and thereafter receives a

call from that Company for the selection process (test, group discussion,
interview etc.) and then the student shall necessarily present him / her at the
specified time and place.

a. Exceptions may be made if a student has already received a Firm Offer.

b. Refusal to participate in the selection process or accept the offer will

disqualify the student and he/she will not be eligible for any further assistance from the
Placement Cell.

5. No student after having received a Firm Offer from one company shall be allowed
to change over to another company. Attempts to do so will render the student
ineligible for Final Placement through the institute’s Placement Cell and his/her
name will not be included in the Final Placement Brochure.

6. In case a company makes a firm offer to a student without the concerned student
having made any application to that company, then the student shall retain the
option of accepting/rejecting the offer. (Applicable only in the case of First Phase
of Placement Session).

7. Students, if interested, may apply to organizations against specific functional

positions announced by them only. The Placement Cell shall not entertain
applications/resumes of students who want to apply for hypothetical positions or
for functional areas not announced.

8. It is mandatory for all students to submit copies of their SIP offer letters from the
company to the Placement Cell latest by 2nd week of February.

9. On completing the Summer Internship Project, it is mandatory for all students to

submit a copy of the SIP Completion Certificate received from the company, to
the Placement Cell.
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10. SHORT LISTING –

a. The short listing of students will be done by the companies themselves, on

the basis of information supplied & verified by the students with the
Placement Cell.

b. In case a company insists that the Institute should do short listing, it will be
done on the basis of currently available academic marks/CGPA. Only in such
cases, for which complete marks/CGPA are available will be considered,
besides any other basic or minimum requirement that may be relevant to the
company.

11. APPLICATION PROCEDURE-

a. Placement Session is conducted in two phases. Phase 1 commences

from 15 th October up to 1st December, during first phase there
shall be no restrictions on the number of organizations to which a student may
apply provided he/she goes through the entire process, for whichever
company he/she is short listed.

b. The Second Phase starts from 1st December. During this phase,
Placement Cell will have the right to shortlist the students for various
companies depending on the Project and Skills required for the said project. It
will be mandatory for short-listed students to appear for the interview.
Defaulters will be put out of the placement process.

c. The SIP offer letter should state the following details:-

i. Student Name & iv. SIP Duration

Enrollment no. v. Location
ii. Company name, vi. Company SIP Guide & contact
Address & Contact details.
details vii. Stipend (if any)
iii. SIP Project Details

d. Within the stipulated period, students should forward the soft

copies of their updated CVs’ to the Placement Cell in the
prescribed format, for sending to the organization for every
position they apply.

e. Any change in the students’ details such as contact nos.

(landline)/mobile nos./address and data must be updated
with the Placement Cell from time to time.

f. The students should submit their bio-data within the

prescribed time limit after which the Placement Cell will not
accept/forward resumes submitted beyond the deadline.

g. Students are advised to keep sufficient hard copies of CVs’,

passport size photos, etc. ready so as to submit it as per
deadlines announced by the organizations.
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h. Sometimes organizations, at the time of their campus

interviews, may inform the Placement Cell that they are
interested in screening more candidates. Then the Placement Cell
will ask other interested students to apply immediately and the
students may have to submit their resumes at short notice.
Making several copies of the resume is, therefore, desirable.
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12. PROCEDURE AND TERMS FOR OBTAINING OWN SIP -

a. Students wanting to make their own Summer Intern

Projects arrangements may do so by keeping the Placement Cell
well informed in advance, latest by 31st Oct.

b. Students opting for their Own Summer Projects will be

provided assistance with recommendation letters & bonafide
certificates, on prior request made to the Placement Cell.

c. Student’s trying to arrange their Own SIP’s will have to

submit to the Placement Cell a copy of the SIP offer letter/email
confirmation by 1st December, failing which they will have to
participate in IInd Phase of Placement Session conducted by IBS-
Mumbai.

13. SIP – OUT OF IBS-MUMBAI CAMPUS -

a. Students who would be undertaking outstations Summer
Internship Projects (Out of IBS-Mumbai, campus) should
complete all required formalities regarding Center
Transfer by 1st week of January i.e. submission of SIP
confirmation offer letter/email message along with application
form available in the student’s Hand-Book, for Centre Transfer to
the Administration Department of IBS-Mumbai and a copy to the
Placement Cell.

b. Students whose CGPA is below 5.5 (five point five) and

with more than two ‘D’ grades in the 1st semester, will not be
permitted to undertake outstation Summer Interns.