22 Oct 2019 15:37 IST

XLRI Jamshedpur records 100% summer placements

The average stipend offered was ₹1.2 lakh per month, highest stood at ₹2.5 lakh

Xavier School of Management (XLRI) achieved 100 per cent summer placement in two days.

A total of 86 recruiters took part in the process, of which, 11 were first-time recruiters. The average stipend was ₹1.2 lakh per month. The highest stipend stood at ₹2.5 lakh per month, offered in the BFSI sector.

The top segments based on roles offered were consulting, sales and marketing, and BFSI. Consulting firms extended offers to 16 per cent of the candidates. Sales and marketing and BFSI constituted 40 per cent and 17 per cent of the roles offered to business management students respectively.

Amazon made the highest number of offers among the regular recruiters such as The Boston Consulting Group, Microsoft, P&G, Aditya Birla Group, ITC, Nestle, and Hindustan Unilever. First-time recruiters were companies such as Bain & Co, Adani Group, Diageo, NIIF, Kornferry, PhonePe, Mars and Udaan.

Fr P Christie SJ, Director, XLRI, said, “This has been a good year for summer recruitments. We are extremely grateful to all the recruiters for showing belief in the XLRI institutional brand and our students. The spectacular placements achieved this year is a testament to our diverse talent pool and the XLRI brand and has raised the bar for placements in B-schools in the country.”

Sector-wise turnout:

HR

As XLRI is widely regarded as the best college in the country for HR, human resource roles were offered by firms spanning the spectrum such as P&G, Mondelez, Nestle, RB, Colgate Palmolive, RPG, Accenture, ITC, Udaan, PhonePe, Reliance, Ola, Bajaj, Coca-Cola and CISCO Mars. The roles offered included recruitment, HR consulting and analytics.

Consulting

Consulting was a big draw this year, with firms such as The Boston Consulting Group, Bain & Co, AT Kearney, Accenture Strategy, EY, PWC, Kornferry, KPMG and Aon participating in the process.

BFSI

There was participation of firms such as Citibank, J.P Morgan Chase, Goldman Sachs, Standard Chartered, NIIF, RBS, DBS, Axis Bank & Axis Capital and ICICI.

FMCG/telecom/media

Top firms such as P&G, Hindustan Unilever, Nestle, Mondelez, ITC, RB, Colgate Palmolive, J&J, Asian Paints, Samsung, Philips, Coca Cola, Marico, Mars, Pidilite, GSK, Diageo, AbInBev and Dr Reddy’s recruited students.

General management

Roles in general management were offered by conglomerates such as TAS, Aditya Birla Group, Mahindra, Reliance Industries, RPG, Capgemini ELITE, Bajaj Finserv, L&T and ACT.

Manufacturing and automotive

Steel giants such as Tata Steel and JSW participated in the process, along with regular recruiters from the automotive sector such as Bajaj.

ITES/e-commerce/analytics

E-commerce saw a jump in offers being extended led by Amazon. The firms in this segment include Microsoft, Amazon, Media.net, PhonePe, Flipkart, Oyo Rooms, Wipro, Microland and others.

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