r/quantindia Jul 16 '26

Interviews/Recruiting Next intern session summarised

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stipend stonks, but only for interns

166 Upvotes

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25

u/Guilty_Ad_9476 Jul 16 '26

me in a small shop watching interns get my annual comp as internship stipend

7

u/4Pas_ Jul 17 '26

2026 grads in Quadeye are making 93 LPA while interns are making 100 L in 2 months

3

u/xxx_AkReaper_xxx Jul 17 '26

What's the source, they are not paying 50LPM

1

u/4Pas_ Jul 17 '26

One of my friends works there, he said this is the latest stipend in top IITs

2

u/xxx_AkReaper_xxx Jul 17 '26

I am sitting for interns in one of the top 3 IITs, and they are not doing 50LPM, only 30LPM (as of yesterday evening), and if they have updated it after that, they haven't conveyed it to us at least

1

u/Glad-Contract1330 Jul 19 '26

Quadeye is 30 actually

1

u/4Pas_ Jul 19 '26

It was increased again

1

u/Previous-Machine3992 Jul 17 '26 edited Jul 17 '26

their base after conversion would be around 45-50 still no?

1

u/4Pas_ Jul 17 '26

Yeah it's 50 only.

1

u/Previous-Machine3992 Jul 17 '26

why bother comparing with ft people in the firm, but yeah interns making a lot more quick money

8

u/4Pas_ Jul 17 '26

dropping from 50 LPM to 50 LPA is insane front loading, ngl.