Xlriwrapsup100% placement in 2 days

Average salary offered ~25 lakh

The Xavier School of Management (XLRI) has achieved 100 per cent placements for the outgoing batch of 2019-21 with all its 358 candidates securing offers through the final recruitment process in a record two days despite the Covid-19 pandemic.

The placements were for its flagship programmes — two-year postgraduate diploma in management (PGDM) in human resource management and two-year PGDM in business management. The final recruitment process saw participation from 108 recruiters with 370 domestic and international offers, inclusive of 23 new finals recruiters, the institute said in a statement.

The median salary offered to the batch stood at ~23 lakh per annum with the top 10th and 25th percentile average being ~37.49 and ~34.80 lakh per annum, respectively. The average salary saw an increase from ~24.30 lakh per annum to ~25.08 lakh per annum.

The highest domestic offer, from the BFSI sector, was ~50 lakh per annum. Among the regular recruiters, Boston Consulting Group, Bain and Co, Pricewaterhousecoopers, Accenture Strategy, Amazon, ITC, and Paytm made the highest number of offers.

The new final recruiters included companies such as Mastercard, DE Shaw, Airbnb, DBS Bank, Nykaa, Freshworks, ZS Associates, Tata Electronics, Progcap, Rebel Foods, IDFC Bank, amongst others. Public sector units such as Power Finance Corporation and GAIL also took part in the final recruitment process at XLRI. The institute said 33.33 per cent of the students received pre-placement offers.

P Christie SJ, director of XLRI, said: “We attribute the outstanding placements as an affirmation by the corporate world of the highly relevant management-centric education we strive to deliver to our students, year after year.”

The placement process was conducted in a virtual mode this year.