The final recruitment process saw participation from 108 recruiters with 370 domestic and international offers
Xavier School of Management, Jamshedpur has successfully achieved 100 per cent placements for the outgoing batch of 2019-21 for its flagship programs: two-year Postgraduate Diploma in Management- Human Resource Management and the two-year Postgraduate Diploma in Management-Business Management with 358 candidates securing offers through the final recruitment process within two days despite the shadow of the COVID-19 pandemic.
The final recruitment process saw participation from 108 recruiters with 370 domestic and international offers, inclusive of 23 new finals recruiters.
“This stellar success is a testimony to our students' resilient calibre in navigating the industry's shifting trends and their future journey as young business leaders of tomorrow. We had conducted the entire placement process in a virtual mode this year,” commented Fr. P Christie S.J, Director, XLRI - Xavier School of Management.
Key Highlights of XLRI Final Placements 2021:
⮚ The median salary offered to the batch stood at Rs 23 lakh per annum with the top 10th and 25th percentile average being Rs 37.49 and 34.80 lakh per annum,respectively
⮚ The average salary saw an increase to Rs 25.08 lakh per annum from Rs 24.30 lakh per annum in 2020
⮚ Highest domestic offers at Rs 50+ lakh per annum from the BFSI sector
⮚There were 23 new recruiters
⮚ The top domains based on the roles offered were consulting, sales & marketing and BFSI
⮚ Boston Consulting Group, Bain and Co., PricewaterhouseCoopers, Accenture Strategy, Amazon, ITC, PayTM made the highest number of offers among the regular recruiters
⮚ 33.33 per cent of the students received pre-placement offers
⮚ New final recruiters included prestigious companies such as Mastercard, DE Shaw, Airbnb, DBS Bank, Nykaa, Freshworks, ZS Associates, Tata Electronics, ProgCap, Rebel Foods, IDFC Bank, amongst others
⮚ Legacy recruiters like PwC, Goldman Sachs, PayTM, Airtel opened new roles for the students of XLRI
⮚ PSUs like Power Finance Corporation and GAIL participated in the final recruitment process at XLRI
Sector-wise turnout:
Consulting firms extended offers to 29 per cent of the candidates. Sales & Marketing and BFSI constituted 16 per cent and 14 per cent of the roles offered to the students respectively.
BCG, PwC, Accenture Strategy, and PayTM made the highest number of offers amongst other regular recruiters such as TAS, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Nestle, Standard Chartered, Capgemini ELITE, Hindustan Unilever, and others.
New recruiters included companies such as Mastercard, DE Shaw, Airbnb, DBS Bank, Nykaa, Freshworks, ZS Associates, Ganit Inc, amongst others.
Consulting
Consulting was the biggest draw this year, with firms such as Bain & Company, The Boston Consulting Group, AT Kearney, Accenture Strategy, Deloitte, PwC, EY, KPMG, Everest Group, Infosys Consulting, and others participating in the process. The increase in consulting roles can be attributed to a higher number of candidates opting for these roles and recognizing talent at XLRI by these consulting firms. The increased interest is also due to the established track record of XLRI graduates over the years in prestigious management consulting firms in India and abroad.
FMCG, Telecom, and Pharma
XLRI has established itself as a campus preferred by FMCGs, and the trend continued this year with top firms such as P&G, Hindustan Unilever, ITC, Colgate Palmolive, Asian Paints, Samsung, Marico, and others participating. The process witnessed a surge in companies in the pharma sector such as Cipla, Dr. Reddy’s, Sun Pharma, Thermofisher, Aurigene Health Tech, among others. Roles in Company Strategy, Sales & Marketing, Product Supply, Operations, IT, and Human Resources were offered to the graduating students.
BFSI
Finance did exceedingly well this year, aided by the participation of firms such as Goldman Sachs, J.P Morgan Chase, NIIF, Citibank, Standard Chartered, Kotak Mahindra Bank, ICICI, 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.
General Management
Roles in general management were offered by conglomerates such as TAS, Aditya Birla Group, Mahindra, Capgemini ELITE, Reliance Industries, Xiaomi, RPG, ACT, and other firms.
ITES, E-commerce and Online Services
The firms in this segment include Microsoft, Amazon, PayTM, PhonePe, Myntra, Ola, Media.net, Flipkart, Udaan, AirBnB, HCL, TCS, EXL, and others. This year saw an increased focus by EdTech firms, with Byju’s, Unacademy, and VMock visiting campus for final placements. The diverse set of roles offered were Product Manager, Program Manager, Business Development, Financial Planning amongst others.
HR
XLRI is widely regarded as the best institution in the country for HR. HR roles 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, Samsung, and others. Prestigious roles like Chief Talent Officer roles were offered to students on campus by Graphene Health Tech. HR roles offered included HR consulting, recruitment, compensation & benefits, and HR analytics. This year also saw healthy participation from PSUs like Power Finance Corporation, GAIL, and others. Premier consulting firms like PwC, EY, KPMG, and Deloitte open exclusive HR consulting roles for XLRI students reaffirming their trust in XL-ers as HR leaders of tomorrow.