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| XLRI in Jamshedpur |
Students of the 2010-2012 batch of XLRI have bagged some of the best offers in the corporate world.
Novartis once again offered the highest international package of $ 1,25,000 per annum, while the highest domestic package of Rs 40 lakh was offered by a financial institution based in Mumbai. Rs 30 lakh was the highest offered last year.
The final campus placements this year got over in about four days last week.
“I am extremely happy with the final outcome despite the slowdown in the global economy. The placement process at our campus concluded in just four days, with 98 per cent of the batch getting placed within the first three days. XLRI will always be at the forefront in helping shape future business leaders who are committed and have a high sense of responsibility towards their firms and also society at large,” said Father E. Abraham, director of XLRI.
The names of many companies were not disclosed as per an understanding between the companies and the institution. This time, however, there was a dip in the number of companies visiting the campus due to the debt crisis in Europe.
As compared to 109 companies last year, there were only 73 this time. The salary figures though surged.
The B-school this year witnessed a hike of about Rs 0.68 lakh in the average package. The average package offered in the final placements last year was Rs 15.8 lakh, compared to Rs 16.48 lakh this year.
The B-school managed to rope in 73 companies to get 100 per cent placements with 284 job offers in Business Management (BM) and Personnel Management and Industrial Relations (PMIR).
“This is by far the highest figure of job offers in the campus. We have got the best placements even in a difficult situation,” said Ashish Srivastava of the placement committee of XLRI.
There were 72 pre-placement offers (PPOs) made by companies.
About 30.3 per cent offers came from consulting, 28.6 per cent from marketing, 16.7 per cent from finance, 12.4 per cent from general management and 2.6 per cent from operations.
The rest 9.4 per cent are from IT, pharmaceuticals, supply chain management and others. Offers were received from a plethora of functions in investment banking, treasury, corporate finance, wholesale banking, commercial banking, insurance, marketing etc.
Companies that participated in the process were Citibank, Nomura, Bloomberg, Edelweiss, Rabobank, ICICI Bank, YES Bank, L&T Finance, SBI Capital Markets and DBS Bank, Boston Consulting Group and McKinsey and Co, Hay Group, Tata Strategic Management Group, Mercer, AonHewitt, Nielsen, PriceWaterhouse Coopers, PeopleStrong, Wipro Consulting, Cognizant Business Consulting, Unilever, P&G, Johnson & Johnson, GlaxoSmithKline, Nestle, PepsiCo, Hindustan Coca Cola Beverages, Asian Paints, Cairn India Energy, Aditya Birla Group, Mahindra, Hinduja Group, Lodha Group and others.
