Xavier School of Management (XLRI) has secured 100 per cent placement for all 358 candidates of the 2017-19 batch of its flagship programme two-year Postgraduate Diploma in Management — HRM and BM. The final placement process was wrapped up in two days. The institute had taken close to 3.5 days to wrap up its placement process for the 2016-18 batch, comprising 358 candidates, last year.
As many as 104 companies, including 19 first-time recruiters, participated in the final placement process and made around 362 domestic and international offers to candidates. Among the first-time recruiters were Allianz Global Investors, Bain & Co., Adani Group, Jubilant Foodworks, Rivigo, Experion, Belden, Xiaomi, Google and Udaan, said a XLRI press statement.
Higher pay packages
The average salary rose nearly 11 per cent to ₹22.35 lakh a year, against ₹20.1 lakh in 2018. The median salary offered to the batch was ₹21 lakh a year, while the highest offer stood at Rs ₹50 lakh, from the BFSI sector.
“The top segments, based on roles offered, were consulting, sales & marketing and BFSI,” the release said.
Consulting firms extended offers to 21 per cent of the candidates; sales & marketing and BFSI constituted 27 per cent and 22 per cent respectively. Other roles included niche functions in analytics, product management, business development, brand management and finance.
The batch had received a total of 122 pre placement offers (PPOs) this year. The Boston Consulting Group made the highest number of offers among the regular recruiters. The final placements also witnessed participation from PSUs such as ONGC, GAIL and RECL.
According to Prof Uday Damodaran, Chairperson, Placements (two years PGDM Programs), it has been a good year for both summer as well as final recruitments.
“This year’s performance at the final recruitment process reaffirms XLRI’s position as a preferred destination for recruiters as one of the country’s leading B-schools,” he said.
Sectors
Apart from Boston Consulting, the consulting sector saw participation from McKinsey & Co., Bain & Co., Accenture Strategy, Deloitte, PWC, AON, Mercer, KPMG, Vector Group, Everest Group.
Some of the companies tha participated from FMCG, telecom and media included P&G, Hindustan Unilever, ITC, Colgate Palmolive, Asian Paints, Samsung, Philips, Dr Reddy’s, Star and Bennet Coleman & Co, which offered roles in sales & marketing, product supply, operations, IT and Human Resources.
The BFSI sector saw participation of firms such as Allianz Global Investors, Citibank, HSBC, JP Morgan Chase, Avendus Capital, DBS, IDFC First Bank and ICICI. The roles offered were front-end investment banking, global and corporate banking, wealth management, global markets and retail banking. The increase in finance roles can be attributed to the increased number of candidates from the finance specialisation, the release said.
General management
Roles in general management were offered by conglomerates such as TAS, Aditya Birla Group, Mahindra, Reliance Industries, Xiaomi, RPG, Capgemini ELITE, Bajaj Finserv, ACT and others. The ITES, e-commerce and analytics sectors saw firms including Microsoft, Amazon, PayTM, Uber, Rivigo, Media.net, Google, Flipkart, Oyo Rooms, Tech Mahindra and EXL offer a diverse set of roles such as that of Program Manager, Product Manager, Catalog Manager, Business Development, Analytics and Recruiter.
HR roles were offered by firms spanning the spectrum such as RPG, Lodha Group, Sapient, Accenture, ITC, JP Morgan and Chase, Udaan, ATG Tires, Ramco Systems, Colgate Palmolive and others. HR roles offered also included recruitment, HR consulting and HR analytics.