 |
Jamshedpur, March 8: Consulting major McKinsey offered the highest package to students at this year?s campus recruitment programme at XLRI Jamshedpur School of Management.
Not one, but three students were recruited at a starting package of Rs 13 lakh per annum, each surpassing the last year?s top offer of Rs 12 lakh made by Boston Consulting Group.
The trio ? Swatika Rajaram, Ankit Shah and Rahul Bhargava ? are all students with an engineering background.
While Rajaram and Bhargava hail from Delhi, Shah belongs to Mumbai.
However, it was the IT sector which bagged the most number of students with IBM grabbing 23 graduates and Cognizant 15. But for giants Wipro and Infosys, the placement ended on a disappointing note with neither managing to pick up any graduate.
While two students received offers from abroad ? from Ernst and Young in the United Arab Emirates and Mahindra British Telecom ? the exact location is yet to be decided. The salaries offered by these two companies is yet to be fixed as negotiations are still on.
According to Sabyasachi Sengupta, chairperson, placements, all the 186 students from the batch of 2006 were placed. Around 50 companies had camped on the campus premises since March 2, he said. Nine companies participated for the first time.
Prominent first-timers include Finnish giant Nokia, IT major Oracle, Capegimini consulting, KPMG consulting, SAP America and Virtusa. Sengupta said the highest offer was made by McKinsey followed by Hay Group, Accenture Business Consulting and HSBC Bank.
The average salary was Rs 8.4 lakh compared to Rs 7.4 lakh last year. While over 25 students were offered Rs 10 lakh and above, 80 per cent got packages of Rs 7.5 lakh and above.
Sengupta said at XLRI there is an uniformity in package compared to other management schools where the gap between the highest and lowest package is very wide. The number of offers per candidate was approximately 1.5.