Recruiters at XLRI Jamshedpur offer 11% hike

The average salary for 358 students at the XLRI - Xavier School of Management, during this year’s final placement, rose 11.19 per cent to touch ~22.35 lakh per annum. More than 100 recruiters, including Boston Consulting Group, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Avendus Capital, Hindustan Unilever, and several others, made job offers to the candidates.

The recruitment process saw 362 domestic and international offers being made to the candidates completing the two-year long postgraduate diploma in management — HRM and BM.

“Interest in XLRI’s students has been tremendous, with top companies recruiting. We attribute the excellent placements this year as an affirmation by the industry of the high-standard of management-centric education we strive to deliver”, E Abraham, director, XLRI — Xavier School of Management, said.

While the median salary offered to the batch stood at ~21 lakh per annum, the highest offer, made by a company from the BFSI sector, stood at ~50 lakh per annum.

The top segments based on roles offered were consulting, sales & marketing and BFSI. Consulting firms extended offers to 21 per cent of the candidates. Sales & marketing and BFSI constituted 27 per cent and 22 per cent of the roles offered to business management students respectively.

Other roles included niche functions in analytics, product management, business development, brand management and finance.

A total of 19 first-time recruiters appeared in the process, which included companies such as Allianz Global Investors, Bain, Adani Group, Jubilant Foodworks, Rivigo, Experion, Belden, Xiaomi, Google, Udaan, among others.

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