Jamshedpur, Feb 5: XLRI- Xavier School of Management has successfully achieved 100% placements for the outgoing batch of 2018-20 of its flagship programs: two-year postgraduate diploma in management – human resource management and two-year postgraduate diploma in management – business management with all 359 candidates securing offers through the final recruitment process within two days.
The final recruitment process saw participation from 108 recruiters with 362 domestic and international offers, inclusive of 24 new finals recruiters.
Fr. J Christie, Director, XLRI – Xavier School of Management commented, “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.”
The median salary offered to the batch saw an increase to INR 23 lakhs per annum from 21 lakhs per annum in 2019. The average salary saw an increase to INR 24.30 lakh per annum from INR 22.35 lakhs per annum in 2019. Multiple domestic offers at INR 50 lakhs per annum from the BFSI sector. The highest international offer stood at INR 58.5 lakhs per annum from the S&M domain. The batch received the highest number of offers made through PPOs: 43% of the batch
The top segments based on roles offered were Consulting, Sales & Marketing, and BFSI. Consulting firms extended offers to 26% of the candidates. Sales & Marketing and BFSI constituted 21% and 17% of the roles offered to Business Management students, respectively. Other roles included niche functions in Product Management, Business Transformation, Brand Management and Finance.
KPMG, Pricewaterhouse Coopers made the highest number of offers amongst other regular recruiters such as The Boston Consulting Group, Accenture Strategy, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Avendus Capital, Standard Chartered, Capgemini ELITE, Hindustan Unilever, and others.
New recruiters included companies such as Arga Investment Management, Myntra, Power Finance Corporation, Thoucentric Consulting, Welspun, Tolaram Group, M H Alshaya, JCB, TCS, Vedanta, amongst others.
Consulting was the biggest draw this year with firms such as McKinsey & Co., Bain & Co., The Boston Consulting Group, Accenture Strategy, Deloitte, PWC, EY, KPMG, AON, Korn Ferry, Vector Group, Everest Group, Thoucentric Consulting, Infosys and others participated in the process.