A higher number of students from Indian Institutes of Management are being offered summer internships abroad this year by  multinationals and IIM-Bangalore alone has got more than 100  such offers.

All the six IIMs in the country are understood to have completed their summer internship programmes with a large number of multinationals and domestic majors flocking the campuses with offers at their Indian and foreign operations.

According to figures available with the institutes, over 100 IIM-B students would go overseas for their summer internships, while IIM-Ahmedabad has also seen a sharp rise in the number of such students.

At IIM-A, the top firms such as Hindustan Unilever, Coca Cola, Cadbury, Dabur [Get Quote], Aditya Birla Group, which have traditionally been hiring for their Indian offices, this year have offered foreign internships. Till last year, Procter and Gamble (P&G) was the only firm offering overseas internship, IIM-A said.

IIM-B said that the number of students interning abroad has increased to 110, from 101 last year. IIM-Lucknow has got 28 offers for foreign placement, while a large number of students from other IIMs are also understood to have received such offers.

The major foreign companies making summer placement ffers at IIM-A include Google, Amazon, Starcom, Blackstone, Macquaire, Rothschild and AIG, while PE giant General Atlantic nd banking major ING recruited exclusively from the school.

More than half of the students were placed on the first day of placements itself, IIM-A said, adding all the 263 students in the batch of 2007-09 were successfully placed in their choice of sectors.

At IIM-B, the entire batch of 249 students was placed within four days. Here the MNC recruiters included Lehman Brothers, JP Morgan, Goldman Sachs, McKinsey, Deloitte, Accenture, KPMG, PwC and Capgemini.

A significant feature at both of these IIMs this year was the entry of private equity with major players like Blackstone Group recruiting here for the first time. The other PE firms flocking to these campuses included ChrysCapital, Greater Pacific Capital, IDG Ventures and Temasek Holdings.

At IIM-Indore, the stipends jumped almost 50 per cent on an average this year, the biggest year-on-year growth seen so far.

IIM-Indore got a total of 236 offers from 62 companies for a batch of 183 students, with 24 companies visiting the campus for the first time.

For IIM-Kozhikode the stipend for the summer placements surged 25 per cent over the last year, with average stipend on the campus coming at Rs 25,000 per month. Accenture Business Consulting and Boston Analytics paid the highest domestic stipend of Rs 50,000 per month for the 2008 summer placements.

IIM-K in the past two yeras has increased the student intake by nearly 25 per cent and the growth in placement parameters has been in tune with the growth of the institute, IIM-K Chairman placements Kulbhooshan Balloni said.

The summer placement scene at IIM-Lucknow also was good with 424 offers made for a batch of 285 students, 28 of the offers made were for foreign placement.

A total of 35 offers were accepted during the Slot 0 or the first day of the placements.

The major companies which visited IIM-L this year for summer 2008 internships were McKinsey & Co, Boston Consulting Group, BNP Paribas Hong Kong, Barclays Management, TAS, IBM, Intel to name a few.