It’s the time of the year when college graduates would be gleaming with joy, the reason being that it’s time for the placements and this time one of the renowned business schools in India, The Xavier School of Management (XLRI), has witnessed a record number of placements.
The placement season for the session 2016-18 has been conducted successfully at the Institute for the program Two-year Postgraduate Diploma in Management – HRM and MBA total of 358 candidates sat for the recruitment process and all of them got selected through the final recruitment process that got completed in 3.5 days.
The final recruitment process witnessed the participation of 132 recruiters with attractive 370 offers. This included 29 recruiters who were participating for the first time. In a statement given by XLRI, the mean salary offered to the batch is Rs 21 lakh per annum while the average salary offered is Rs 20.1 lakh per annum.
As far as the participating public sector firms are concerned, GAIL, IOCL, and HPCL were the visiting Giants in the business school. There were also some first-time recruiters like National Housing Bank and India Health Action Trust.
In the HR program, students were offered jobs in various sectors like Consulting, FMCG, and General Management etc. Firms in the consulting domain included The Boston Consulting Group, Accenture Technology Consulting, Deloitte S&O, KPMG, EY, Deloitte, and PwC.
In the Marketing and FMCG sector, there was an active participation by top firms like Salike P&G, Colgate Palmolive, Hindustan Unilever Limited, Nestle, RB Johnson & Johnson, Mondelez, ITC India, AB InBev, and Heinz. The financial service sector witnessed the presence of some leading firms like Avendus Capital, JP Morgan Chase, Citibank, DBS, Societe Generale, Edelweiss and Standard Chartered.
Prof Uday Damodaran, Chairperson, Placements of XLRI was quite happy with the placements and said that the year had been quite good for both, the summer as well as the final recruitments. He said that he was quite thankful to all those recruiters that had shown their belief in XLRI and the students who are part of XLRI. He hopes that the relations of XLRI with these recruiters would improve by the day and would prove fruitful for both the parties involved.
Director of XLRI, FR. E Abraham expressed his happiness on the enhancement in the number of offers as well as recruiters at XLRI this year. He said that top companies are expressing interest in the students of XLRI. He cited the high-standard of management-centric education as the prime factor behind the record level of placements this year.