92 recruitment companies make offers to 360 students of Xavier School of Management with an average stipend of Rs. 65,000 per month
Xavier School of Management (XLRI Jamshedpur) has completed its Summer Internship Placements 2015 for of its largest ever first year batch in record time yet again. The entire batch of 2015-17 obtained internship opportunities in a record span of only 2.5 days. The recruitment drive saw 95 companies participating in the process with 92 of them making offers to a batch of 360 students.
All students of the batch received paid internships, the highest stipend offered being Rs. 2.5 lakh per month. The median stipend for the entire batch (BM & HR) was at '65,000 per month. The top recruiters on campus in terms of numbers were Accenture Strategy (13), Microsoft (12), HUL (11), Flipkart (10), ABG (9), Citibank (9), Snapdeal (9) and Vodafone (9).
There were multiple organisations who participated in the 'Parivartan' process. Notable among them included Bill & Melinda Gates Foundation, Tata Trust, E-Vidyaloka, to name a few. Two students each were placed with the Bill & Melinda Gates Foundation, Tata Trust and E-Vidyaloka. The process was held and completed before the conventional Summer Placement Week.
Congratulating the first year students, Father E Abraham SJ, Director of XLRI commented "Summer Internship provides the much needed industry exposure and first-hand training to our students. It is good to see our students getting offers across diverse industry sectors and markets in India and abroad. It is an affirmation of the all-round integral formation we at XLRI strive to impart to our students. We are overwhelmed that this year the process was completed within the shortest time span ever - in just 2.5 days."
"As a socially aware and conscientious institution, XLRI had launched a parallel placement process called 'Parivartan' with the aim to show our solidarity towards the social sector where students can get summer internship opportunities to work with Non-Government Organizations and Not-for-Profit Organisations. We are happy that students are coming out of their conventional thought processes and have started showing interest to work and learn with these social sector organisations", he added.
While XLRI maintains its pre-eminence as the foremost recruitment destination for budding HR managers, the flagship Business Management program too witnessed a diverse split of internship opportunities this year.
Students across both programmes obtained internship opportunities in 2.5 days with a sector wise split as follows: FMCG at 21%, BFSI at 14%, Consulting at 13%, Conglomerate at 12%, E-commerce & start-ups at 8% and the remaining 32% in Technology, Media, Telecom, Pharmaceuticals, Oil & Gas, Power, Retail, Automotive etc.
Placements at XLRI are a concerted team effort with the entire process carried out by the elected 12 member student-run Placement Committee along with help from other support committees.
Professor Rajiv Mishra - Chairperson, Placement at XLRI commented, "This year's placement season has witnessed a vast diversity of offers from every sector of the industry including media conglomerates and social sector organisations. We are thankful for the sustained faith shown by the industry in the much sought-after management professional talent at XLRI."