XLRI Final Placement: Average Salary Goes up to Rs 20.1 LPA

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Final Placement of the 2-year PGDM 2016-18 batch at XLRI saw the graduates drawing an average salary of 20.1 lakh per annum with the median salary pegged at Rs 21 lakh.

This was an increase over the previous year when the average salary was Rs 19.21 lakh and the median Rs 19.00 lakh.

In Financial Services, the recruiters included Avendus Capital, JP Morgan Chase, Citibank, DBS, Societe Generale, Edelweiss and Standard Chartered.

The school reported that all the 358 students who participated in the campus placement had received offers from 132 recruiters who came up with a total of 370 offers. The recruiters included 29 first timers. The offers included 122 pre-placement offers.

Several of the Public Sector Units (PSUs) including GAIL, IOCL and HPCL along with first-time recruiters National Housing Bank, India Health Action Trust and others turned up on the campus during the placements that were completed in four days.

“This has been a good year for both, students as well as final recruitments. We are extremely grateful to all the recruiters for showing belief in the XLRI brand and our students. We are hoping that our relationship with the recruiters will go from strength to strength and would be fruitful for all parties involved.” Prof Uday Damodaran, chairperson, Placements (PGDM Programs), said.

Graduates in the HRM stream managed to secure job offers across the sectors from Consulting to FMCG and General Management. The recruiters in the Consulting domain included The Boston Consulting Group, Accenture Technology Consulting, Deloitte S&P, KPMG, EY, Deloitte and PwC.

In the FMCG sector, several of the industry majors including P&G, Colgate Palmolive, Hindustan Unilever Limited, Nestle, RB Johnson & Johnson, Mondelez, ITC India, AB InBev, and Heinz offered good roles for the graduates.

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In Financial Services, the recruiters included Avendus Capital, JP Morgan Chase, Citibank, DBS, Societe Generale, Edelweiss and Standard Chartered.

Among the conglomerates, offers of general management roles came from Tata Administrative Services, Aditya Birla Group, RP Goenka group and Capgemini.

In Operations, offers were made by P&G, RB and Amazon, among others.

XLRI Director Fr. E Abraham, pointing out to what he termed as “a remarkable increase in both the number of offers and recruiters,” attributed “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.”

 

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