Monday, March 07, 2005

Job throb in B-School

Jamshedpur, March 6: Companies from the fast-moving consumer goods (FMCG) sector dominated the first slot of the annual campus recruitment process which entered its third day today. The campus recruitment programme (CRP) began on Friday.

XLRI sources said more than 20 companies, majority of them from FMCG sector, took part in the first phase selecting a sizeable number of students.

The companies included Hindustan Lever Limited (HLL), Godrej, Glaxo, Coke, Reckitt Benckiser, Pepsi, Nestle, Cadbury, General Electric (GE), Accenture, Pricewater Coopers (PWC), Ernst and Young, ABN Amro, ICICI Bank and ICICI Prulife Insurance Company.

Olam International Limited, an international trading company, took part in the placement process for the first time and selected a few students. Sources said Coke, which had offered the highest salary last year, picked up four students — three from Business Management and one from Personnel Management and Industrial Relations offering attractive package.

XLRI officials said the second slot of placement process will see participation of companies from FMCG, banking, financial services and pharmaceutical sectors. Some of the prominent companies which will participate in the second slot are Marico Industries, IBM, Ranbaxy, Tata Consultancy Services (TCS), IDBI Bank and Aditya Birla Group.

Last year’s batch had created a record with the entire batch bagging good job offers in just nine hours. Last year, the batch-size comprised 124 students as compared to 180 this year.

The campus wore a lively atmosphere and the mood among students was upbeat.

“The campus recruitment process is the culmination of two years of hard work. The portfolio of companies visiting XLRI this year is impressive not only in its size but also in its diversity. The companies are offering a attractive salary package this year,” said a student, who got an lucrative offer from Coke.

Last year, the highest salary was offered by Coke — Rs 8.78 lakh — while the average salary was Rs 7.14 lakh.

XLRI sources said this time too the placement process would be completed much before the expected time.

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