427 candidates secured offers through the final recruitment process in a single day. Source: Facebook
XLRI Jamshedpur achieved 100% placement in a single day during the final recruitment process for the outgoing batch of 2020-22 for its flagship programmes - the two-year postgraduate diploma in Management, Human Resource Management and the two-year postgraduate diploma in Business Management.
According to the placement cell of the institute, 427 candidates secured offers in a single day and this includes the first batch students of XLRI, Delhi-NCR unit. The average salary too saw an increase to Rs 30.73 lakh per annum from Rs 25.08 lakhs per annum in 2020, and 23 new recruiters participated in this year's placement process.
Paul Fernandes, director, XLRI - Xavier School of Management, congratulated the students and said, "We have great students who will take greater responsibility in India Inc as responsible leaders. We are delighted to announce that XLRI has achieved the feat of 100% placements in a record timeframe this year. We attribute the outstanding placements as an affirmation by the corporate world of the highly relevant management-centric education we strive to deliver to our students year after year. This stellar success is a testimony to our students' resilient calibre in navigating the industry's shifting trends and their future journey as young business leaders of tomorrow and eminent faculty who mould, mentor and accompany their journey. We thank all the recruiters who participated and recruited our students. We had conducted the entire placement process in a virtual mode this year.”
About 40.28% of the students received pre-placement offers (PPOs). The final recruitment process (FRP) saw participation from 99 recruiters, including the new recruiters.
Some of the new recruiters included top-notch companies such as American Express, Freshworks, Swiggy, MoEngage and Slice. Also, Legacy recruiters like PwC, Goldman Sachs, PayTM, Airtel opened new roles for the students of the business school.