XLRI-Xavier School of Management, Jamshedpur, achieved 100 per cent placement for the 2021-22 cohort of its flagship 15-month MBA programme, with a 40 per cent rise in average salaries.
The 2021-22 batch comprised 114 students, of whom 112 were part of the placement drive. The students came with experience in project management, product management, consulting, marketing, software technologies and HR as for Fortune 500 companies, Big 4s, Unicorns and other leading organisations. The average work experience of the cohort was six years and the average age 28 years.
“We were ecstatic to receive an overwhelming response from the industry with the likes of Microsoft, Bain & Co., Boston Consulting Group, Deloitte, Accenture, Ericsson, Virtusa, Deutsche Bank taking part in the recruitment process. Various interesting roles were offered to the Class of 2022, including senior manager, senior consultant, programme manager, product manager, business portfolio owner, global engagement manager, solution architect, and business development manager,” said a spokesperson of the placement committee.
“It was a delight to collaborate with our esteemed legacy recruiters and foster synergies with the cutting-edge and future-ready organizations mentioned above. We are exhilarated to share that XLRI’s ExPGDM witnessed an increase in the average CTC by 40 percent and increase in the median salary by 41percent to Rs 26.56 lakh per annum and Rs 26 lakh per annum respectively, in this Campus Placement Season,” the spokesperson added.
The highest salary offered was Rs 44,74,100 and the median salary was Rs 26,00,000. The average salary was Rs 34,23,882 for the top 10 per cent, Rs 32,49,257 for the top 25 per cent and Rs 30,04,901 for the 50 per cent.
Anam Gwaliori, general secretary, placement committee, said a significant number of recruiters offered roles in consulting, product management, strategy, business development, programme management, sales, and other leading business domains this year.
“Along with these most sought-after roles, our students were also recruited in companies that are spearheading the wave of ground-breaking technologies such as Blockchain and Analytics. Furthermore, we not only cherished joining hands with our esteemed legacy recruiters for a continued collaboration but also fostered synergies with many new recruiters across industries. We were exhilarated to witness an increase in the average CTC by 40 percent and an increase in the median by 41 percent with the average standing at Rs 26.56 LPA and the median at Rs 26.00 LPA respectively,” Gwaliori said.