Average salary increases by 8% as XLRI wraps up placements

43% of candidates recruited via pre-placement offers

Average salary offered by recruiters rose by eight per cent to ~24.30 lakh per annum while the highest international offer stood at

~58.5 lakh per annum in the recently concluded recruitment process at XLRI —

Xavier School of Management.

Xlri-xavier School of Management said on Wednesday that it achieved

100 per cent placements for all 359 candidates of the outgoing 2018-20 batch of postgraduate diplomas in the streams of human resource management and business management.

The final recruitment process at the B-school saw participation of 108 recruiters with 362 domestic and international offers, including 24 new recruiters. Median salary, on the other hand, increased by 9.5 per cent to ~23 lakh per annum this year, compared to ~21 lakh per annum in 2019.

Consulting firms continued to lead, extending 26 per cent of total offers, followed by sales and marketing at 21 per cent and banking, insurance & financial services (BFSI) with 17 per cent roles offered.

Overall, KPMG and Pricewaterhouse

New recruiters included firms such as Arga Investment Company, Tolaram Group, M H Alshaya, Myntra, Delhivery, JCB, Thoucentric, Welspun, Diageo, Varroc, and CK Birla, among others

Coopers made the highest number of offers among regular recruiters.

According to the institute, the batch also received the highest number of offers through pre-placement offers (PPOS) with 43 per cent being placed via the route.

New recruiters included companies such as Arga Investment Company, Tolaram Group, M H Alshaya, Myntra, Delhivery, JCB, Thoucentric, Welspun, Diageo, Varroc, and CK Birla, amongst others, while PSUS included Power Finance Corporation and GAIL.

Other top recruiters in consulting, FMCG, telecom and pharma included the likes of Mckinsey & Co, Bain & Co, The Boston Consulting Group, Accenture Strategy, P&G, Hindustan Unilever, ITC, Colgate Palmolive, Cipla, Dr. Reddy’s, Astra Zeneca, and Glaxosmithkline, among others.

Marquee recruiters from BFSI, ITES, e-commerce and analytics included Citibank, J.P Morgan Chase, Goldman Sachs, Microsoft, Amazon, Ola, Media.net, Google, Flipkart, Tech Mahindra and TCS, among others.

Meanwhile, J Christie, director of the institute, said interest in XLRI’S students was “tremendous” with top companies coming for recruitment. “We attribute the excellent placements this year as an affirmation by the industry of the high standard of management-centric education that we strive to deliver to our students.”