Hey, I am one of your senior. To clarify some of your questions :
1. Summers though not always a strong point for MBE has been better for our batch at least. Despite the slowdown around 30+ people got placed thru campus and others used through their own contacts.
Profiles: Research, Financial Operations, Market Research, Sales etc. More on the exact projects will be clear once people start their summers.
2. Of course we are in touch with the alumni , in fact the last alumni meet was a great success! As far as leveraging them for placements etc etc, well it all depends on the students of your batch. Over the past couple of years, there is a greater focus on being in touch with our alumni base throughout the year.
Just make sure you have hardworking people from your batch in the placements, alumni and other committees.
3. There are 1-2 weeks break around Dussehra and Christmas and exams are held around Nov end.
Hope this helps...