100% placement at XLRI, avg. salary rises to Rs 25 lakh

HR roles were offered by firms such as P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase and Co., Myntra, Ola, Power Finance Corporation, Samsung.


XLRI Xavier School of Management has successfully placed all the outgoing students of batch 2019-21. In two days’ time, all 358 candidates of the PGDM courses in human resource management and business management received offers in the final recruitment process. Roles in the HR domain were offered by firms spanning the spectrum of domains such as P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase, and Co., Myntra, Ola, Power Finance Corporation and Samsung.

The placement drive, which was conducted virtually this year, witnessed participation by 108 recruiters, who made 370 domestic and international offers. About 33.3 per cent students received pre-placement offers.

Fr P Christie SJ, director, XLRI – Xavier School of Management is proud of the 100 per cent placement, which he feels is a great achievement considering the uncertainties induced by the pandemic. He considers this “an affirmation by the corporate world of the highly relevant management-centric education we strive to deliver to our students year after year.” He called this success a “testimony to our students’ resilient calibre in navigating the industry’s shifting trends and their future journey as young business leaders of tomorrow.”

The medial salary offered was Rs 23 lakhs per year, with the top 10th and 25th percentile average being Rs 37.49 and Rs 34.80 lakhs per annum, respectively. There was a hike in the average salary from Rs 24.30 lakh to Rs 25.08 lakh. The highest domestic offers were made at over Rs 50 lakh per year from the BFSI sector. Twenty-three new recruiters participated this year.

Maximum hiring happened in the consulting, sales & marketing and BFSI sectors. Amongst the regular participants were big names, such as Accenture, Amazon, Boston Consulting Group, Bain and Co., PricewaterhouseCoopers, ITC, Aditya Birla Group, Nestle, Standard Chartered, Capgemini ELITE, and Hindustan Unilever.

Mastercard, DE Shaw, Airbnb, DBS Bank, Nykaa, Freshworks, ZS Associates, Tata Electronics, ProgCap, Rebel Foods, IDFC Bank, are amongst the new final recruiters. Power Finance Corporation and GAIL were among the PSUs that were part of the final recruitment process.

While consulting firms made 29 per cent of the offers, 16 per cent offers came from sales and marketing and 14 per cent from the BFSI sector.

Some of the recruiters in the finance space were Goldman Sachs, J.P Morgan Chase, NIIF, Citibank, Standard Chartered, Kotak Mahindra Bank, ICICI and Edelweiss, and others. The roles offered in this domain were front-end investment banking, asset management, portfolio management, global and corporate banking, wealth management, global markets, equity research, and retail banking.

Roles in general management were offered by conglomerates, such as TAS, Aditya Birla Group, Mahindra, Capgemini ELITE, Reliance Industries, Xiaomi, RPG and ACT.

Companies from the ITES, e-commerce and online services that participated included, Microsoft, Amazon, PayTM, PhonePe, Myntra, Ola, Media.net, Flipkart, Udaan, AirBnB, HCL, TCS and EXL, and others. Even edtech firms, such as Byju’s, Unacademy, and VMock visited the campus for final placements.

Prestigious roles including that of chief talent officer, were offered by Graphene Health Tech.

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