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XLRI Jamshedpur and XLRI Delhi NCR has successfully achieved 100% placements for the outgoing batch of 2021-23 for its flagship programs Two-year PGDM (BM) and Two-year PGDM (HRM) with all 463 candidates securing offers through the Final Recruitment Process. The Final Placement process was conducted in two stages. The first stage – the Lateral Recruitment Process (LRP) – was conducted over a week in January 2023 where students with prior work experience were interviewed and were offered higher than entry-level positions. The second stage – the Campus Recruitment Process (CRP) – was conducted in a single day in February 2023 where there was no segregation basis the work experience. The process saw participation from 117 recruiters with 484 domestic offers and 3 international offers, including 30 new recruiters. These also include pre-placement offers (PPOs) which were offered to 43.8% of the batch on the basis of their performance during their Summer Internships. The students from Jamshedpur and Delhi NCR campuses participated in the placement process.
Father S George, Director, XLRI congratulated and appreciated all the students for this achievement. He said “We have great students who will take greater responsibility in India Inc. as responsible leaders. We are delighted to announce that XLRI has achieved the feat of 100% placements in a record timeframe this year amidst tough market conditions. We attribute the outstanding placements as an affirmation by the corporate world of the highly relevant management-centric education we strive to deliver to our students year after year. This stellar success is a testimony to our students’ resilient calibre in navigating the industry’s shifting trends and their future journey as young business leaders of tomorrow and eminent faculty who mould, mentor and accompany their journey. We thank all the recruiters who participated and recruited our students.”
Key Highlights of XLRI Final Placements 2023:
The median salary offered to the XLRI Delhi batch stood at INR 28.5 lakhs per annum with the top 10th and 25th percentile average being INR 57.28 lakhs and INR 46 lakhs per annum, respectively.
Highest domestic offer at INR 78.2 lakhs per annum from the ITES sector.
The top segments based on roles offered were Consulting, ITES, E-Commerce, Sales & Marketing and General Management. Consulting firms extended offers to 29% of the candidates. ITES, E-Commerce, Sales & Marketing constituted 27% and 25% of the roles offered to the students respectively. Accenture Strategy, Amazon, Bain & Company, BCG, PayTM, and PwC made the highest number of offers amongst other legacy recruiters such as Aditya Birla Group, American Express, Asian Paints, Hindustan Unilever, P&G, TAS, Microsoft, and others. Other new recruiters included DTDC, EY Parthenon, Pine Labs, Redseer Strategy Consultants, and Texas Instruments.
XLRI continued to be the destination of choice for consulting firms such as Accenture Strategy, Alvarez & Marsal, Aon, Bain & Company, Boston Consulting Group, Deloitte, EY, Kearney, KPMG, Mckinsey, PwC, Synergy Consulting, Vector Consulting and others participating in the process. The increase in consulting roles can be attributed to a higher number of candidates opting for these roles and the recognition of the talent pool at XLRI by these consulting firms, accentuated by our pedagogic rigour. The increased interest is also attributable to the established track record of XLRI graduates over the years in prestigious management consulting firms in India and abroad.
ITES, E-commerce, Gaming and Online Services
Overcoming the blues of the technology sector market, there was sustainable hiring in these sectors in Product Management, Analytics & Programme Management roles. Major recruiters included Amazon, Google, Microsoft, Media.net, PayTM, Walmart, Flipkart, Star Disney, Uber, Games 24×7, and Head Digital Works.
FMCG, Pharma and Real Estate
XLRI has established itself as a campus preferred by FMCGs, and the trend continued this year with top firms such as P&G, Hindustan Unilever, ITC, Colgate Palmolive, Johnson & Johnson, Asian Paints, Nestle, Samsung, Mondelez, Nykaa, Reckitt, Pidilite, Pernod Ricard, AB inBev, Haleon GSK and others participating. The process witnessed hiring by companies in the pharma chemical sector such as Cipla, Dr. Reddy’s, Sun Pharma, Ephicacy, PI Industries, among others. Real estate developers viz. Emaar and Aliens Group participated in the process for the first time. Roles in Strategy, Sales & Marketing, Supply Chain, Operations, IT and Human Resources were offered to the graduating students.
The Finance sector was another major contributor, with the participation of firms such as Goldman Sachs, J.P Morgan Chase, Avendus Capital, Indigo Edge, HSBC, American Express, Citibank, FinIQ, Mastercard, Natwest and Standard Chartered, Société Générale, among others. The roles offered in this domain were Front End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, and Retail Banking.
Automotive, Energy and Telecommunications
Automobile sector witnessed the boarding of premium recruiters such as Mercedes Benz and Power Finance Corporation. Other legacy recruiters in these sectors were Bajaj Auto, Renew Power, Shell, Varroc and Vedanta. Airtel, Tata Communications and Vi were among other established firms in the telecommunications sector.
Roles in General Management were offered by conglomerates such as TAS, Aditya Birla Group, Mahindra, Bajaj Finserv, Kotak, Capgemini ELITE, Reliance Industries, RPG group, Hinduja group and other firms.
XLRI is widely regarded as the best institution in the country for HR. HR roles were offered by firms spanning the spectrum of domains such as P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase and Co., Google, Samsung, Bajaj Auto, and others. HR roles offered included HR Consulting, Recruitment, Compensation & Benefits, HR Analytics and Chief of Staff. Premier consulting firms like KPMG, PwC, EY, and Deloitte open exclusive HR consulting roles for XLRI students reaffirming their trust in XL-ers as HR leaders of tomorrow.
XLRI completes Summer Internship Placements 2022
The Delhi-NCR Campus of XLRI – Xavier School of Management has successfully achieved 100% placements for the batch of 2022-24 for its flagship two-year Postgraduate Diploma in Business Management programme. The oldest business school in India practices a motto of ‘One Vision. One Brand. One XLRI’ and runs campus-agnostic admission and placement processes. Both the campuses follow the same curriculum administered by common Faculty members over a single academic calendar. Moreover, the Institute’s administration, governance and student activities around the year are synced across both the campuses.
On a standalone basis, the Delhi-NCR Campus, comprising of 120 students, achieved a record-high median stipend of INR 1.50 lakhs per month, marking a year-on-year increase of 36 percent.
Recruiters in the management consulting domain included Accenture Strategy, Aon Consulting, Deloitte, Ernst and Young, Kearney and PwC among others. Accenture Strategy was the top recruiter with 14 offers, followed by PwC with 7 offers.
Prominent recruiters in the BFSI space included Axis Bank, Bajaj Finserv, Citibank, Kotak Mahindra Bank, NatWest Group, Standard Chartered Bank and TresVista among others. These firms extended offers for their Wealth Management, Commercial Banking and Private Banking roles.
XLRI has established itself as a campus preferred by FMCGs and Consumer Durables sectors and the trend continued this year with top firms such as Asian Paints, Bajaj Auto, Beam Suntory, Hindustan Unilever, ITC, Mars, Pernod Ricard offering roles in Digital Marketing, Sales, Operations, Finance and IT. Bajaj Auto, Coca-Cola and Hindustan Unilever were the top recruiters with 3 offers each, followed by Asian Paints with 2 offers.
The conglomerate cohort saw participation from Aditya Birla Group, JSW, Mahindra Group, RPG Group among others.
In the IT and E-Commerce sector participating firms included Amazon, Flipkart, Media.Net, PhonePe, Samsung, Star Disney, Uber, Udaan, Walmart and Winzo among others offering roles in the Product Management, Operations, Marketing, Program Management and General Management. Amazon was the top recruiter in this sector with 8 offers followed by Flipkart with 3 offers.
The new recruiters this year included Alkem Laboratories, BLS International, Piramal, SBI Capital, Something’s Brewing and United Breweries Limited among others.