XLRI Summer Placements 2019 have successfully concluded and are yet another testimony of XLRI Jamshedpur being a top MBA institute in India. Median Stipend stood at INR 1.2 lakh per month and highest at INR 2 lakh per month.
XLRI Summer Placements 2019
|Highest Stipend||INR 2 lakh per month|
|Median Stipend||INR 1.2 lakh per month|
|Average Stipend||INR 1.02 lakh per month|
XLRI’s traditional recruiters have once again demonstrated their confidence in the students and hired in large numbers. The top recruiters on campus in terms of numbers included Amazon which made the highest number of offers amongst the regular recruiters; The Boston Consulting Group, Microsoft, P&G, Aditya Birla Group, ITC, Nestle, Hindustan Unilever, Mondelez, Mahindra & Mahindra, Citibank among others.
First-time recruiters included companies such as Bain & Co., Adani Group, Diageo, NIIF, Kornferry, PhonePe, Mars, Ola, Rupeek, Udaan, among others.
The flagship Business Management program continued to receive a very good response from the industry while XLRI maintained its dominance as the foremost recruitment destination for budding HR managers.
Sector & Function Wise Placements
The top segments based on roles offered were Consulting, Sales & Marketing, and BFSI. Consulting firms extended offers to 16% of the candidates. Sales & Marketing and BFSI constituted 40% and 17% of the roles offered to Business Management students respectively.
Other roles included functions in Analytics, Product Management, Business Development, Brand Management, and Strategy. Organizations from a wide spectrum of sectors participated in the process, including FMCGs, Consulting, Pharma, IT and e-commerce, Auto, Mining, Oil & Gas and Telecom.
Human Resources (HR)
Regarded as the best college in the country for HR, HR 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, CISCO Mars and others. HR roles offered also included recruitment, HR consulting and HR analytics.
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, Aon and others participating in the process.
Finance did exceedingly well this year aided by the participation of firms such as Citibank, J.P Morgan Chase, Goldman Sachs, Standard Chartered, NIIF, RBS, DBS, Axis Bank & Axis Capital, ICICI and others. The roles offered were Front End Investment Banking, Global and Corporate Banking, Wealth Management, Global Markets and Retail Banking.
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, Nestle, Mondelez, ITC, RB, Colgate Palmolive, J&J, Asian Paints, Samsung, Philips, Coca Cola, Marico, Mars, Pidilite, GSK, Diageo, AbInBev, Dr Reddy’s and other participating. The process also saw participation from other firms in this segment such as Star, Airtel and Vodafone Idea. Roles in Sales & Marketing, Product Supply, Operations, Corporate Finance, IT and Human Resources were offered.
Roles in General Management were offered by conglomerates such as TAS, Aditya Birla Group, Mahindra, Reliance Industries, RPG, Capgemini ELITE, Bajaj Finserv, L&T, ACT and others.
Manufacturing and Automotive
Steel giants such as Tata Steel and JSW also participated in the process along with regular recruiters from the automotive sector such as Bajaj.
E-commerce saw a massive 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. The diverse set of roles offered were Program Manager, Product Manager, Category Manager, Business Development and Operations.
On the specular achievement, Fr. P. Christie S.J., Director, XLRI- Xavier School of Management 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,”
Admission in XLRI for the various PGDM programmes for 2020-22 batch is open. Candidates who wish to seek admission opportunity in XLRI have to appear in XAT 2020 on January 5, 2020. XAT Decision Making is a critical section for XAT.