05 Feb 2020 18:59 IST

XLRI students get an average salary of ₹24.30 lakh

The highest international offer stood at ₹58.5 lakh per year from the sales and marketing domain

XLRI- Xavier School of Management has achieved 100 per cent placements for the outgoing batch of 2018-20 of its two-year programmes: Postgraduate Diploma in Management – Human Resource Management and Postgraduate Diploma in Management - Business Management. All 359 candidates were placed within within two days.

A total of 108 recruiters participated with 362 domestic and international offers, inclusive of 24 new finals recruiters.

Fr P Christie, Director, said: “We are happy to announce that this year’s placement season has once again witnessed remarkable success in spite of the longish economic slowdown. Interest in XLRI’s students has been tremendous, with top companies coming for recruitment. 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.”

Key highlights:

1. The median salary offered to the batch saw an increase to ₹23 lakh per year from ₹21 lakh in 2019

2. The average salary saw an increase to ₹24.30 lakh per year from ₹22.35 lakh per year in 2019

3. Multiple domestic offers at ₹50 lakh per year from the BFSI sector

4. The highest international offer stood at ₹58.5 lakh per year from the S&M domain

5. The batch received the highest number of offers made through PPOs: 43 per cent of the batch

6. No of new recruiters: 24

7. The top segments based on roles offered were consulting, sales and marketing and BFSI

8. KPMG and PricewaterhouseCoopers made the highest number of offers among the regular recruiters

9. New recruiters included companies such as Arga Investment Company, Tolaram Group, M H Alshaya, Myntra, Power Finance Corporation, Delhivery, JCB, Thoucentric, Welspun, Diageo, Varroc, and CK Birla

10. Participation from PSUs like Power Finance Corporation, GAIL

The consulting firms extended offers to 26 per cent of the batch. Sales and marketing and BFSI constituted 21 per cent and 17 per cent of the roles offered to business management students, respectively. Other roles included functions in product management, business transformation, brand management, and finance.