XLRI Final Placements 2016: Average Salary Package - 18.5 Lakh Per Annum

Nidhi Mishra updated on : 02 Mar 2016
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The XLRI Jamshedpur final placement process witnessed participation from 132 recruiters, inclusive of 36 first time recruiters

XLRI Jamshedpur Final Placement Report has been declared by XLRI Jamshedpur Business Management and Human Resource Management 2016 batches. The final placement process witnessed participation from 132 recruiters, inclusive of 36 first time recruiters and 386 offers were made to a batch of 361 students. The median salary offered is Rs. 18 lakh per annum while the average is Rs. 18.5 lakh per annum both has increased as compared to last year.

102 students were offered PPOs (Pre-Placement Offers) from their summer placements, of which 84 PPOs were accepted. XLRI- Xavier School of Management has placed its current outgoing batch of 2014-16, the largest batch to ever sit for final placements in the history of XLRI.



Prof. Rajiv Misra, Chairperson, Placement, XLRI commented, “This year’s placement season has witnessed a remarkable increase in both the number of offers and recruiters coupled with participation of quite a few new recruiters.  We are happy to announce that there has been an across the board increase in the salary package as well. We attribute the excellent placements this year as an affirmation by the industry of the high-standard of management-centric education that we strive to deliver to our students.”

Sector wise placement trend details:

Finance:

ICICI Bank was the largest recruiter with 21 offers in total. Recruiters from the BFSI included Citibank, Development Bank of Singapore, Goldman Sachs, ICICI Bank, Standard Chartered and Yes Bank. Kotak Mahindra and Karvy offering Wealth Management roles became the first time recruiters. Private Equity, Venture Capitalist and Investment Banking roles were also offered by other companies.

Marketing/Operations and Human Resources:

The FMCG have been the forte of XLRI over years. This domain consisted of Asian Paints, Colgate Palmolive, GSK CH, Heinz, HCCB, ITC, Kellogg’s, Mondelez, Nestle, PepsiCo, Reckitt Benckiser, Unilever among others with offerings in sales and marketing and HR functions. In FMCG space IT was the largest recruiter.

The media sector also made its presence felt with Star TV turning out to making the second highest number of offers (12), opening up Sports Marketing role. Airtel, Ericsson, Vodafone and Telenor came up representing Communications and Networking whereas Samsung enrolled from the Consumer Durables sector.

Students from HR function were offered recruitment from Future Group and Lodha Group.

Operations roles including supply chain and procurement were offered Ola Cabs, Uber, Tata Steel, Reliance Industries and Zensar.

General Management:

General Management was one of the most sought sectors of management on campus. A large number of roles were offered by Aditya Birla Group, Mahindra & Mahindra, Reliance Industries, RPG and TAS in this area.

Consulting:

The consulting sector witnessed participation of top notch industries namely, Accenture Strategy, Capgemini Consulting, Cognizant Business Consulting, Deloitte, EY, Everest Group, Gallup, KPMG, McKinsey and Company, Peoples Business Group, Price Waterhouse Coopers, The Boston Consulting Group, and Vector Consulting and Zensar.

Technology:

The key recruiters from Technology and e-commerce domain were Call Health, Flipkart, Microsoft, Ola Cabs, Paytm, Samsung, Tech Mahindra and Wipro offering roles in program management, sales & marketing, HR and operations.

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