Tuesday, February 26, 2008

Mohinish Sinha, XL 91

Mohinish Sinha, XL 91 batch is a panelist on a global webcast being conducted by Human Capital Institute on Virtual Global Workforces.

The webcast is tomorrow late evening India time and 2:00 PM - 3:00 PM ET

Check here if you're interested


Monday, February 25, 2008

Major firms offer 100 jobs to 90 XLRI students (Laterals) with hefty salaries

From Financial Express

Mumbai, Feb 24 The recently-concluded lateral placements at XLRI have been a major success, with a plethora of offers being received in varied profiles such as finance, consultancy, operations, marketing and human resources, an XLRI official said on Sunday.

In total, over a 100 offers were made during the lateral season to 90 eligible lateral candidates for senior-level management roles. The average salary package offered was Rs 15 lakh. The highest salary offer kissed the Rs 22 lakh per annum-mark this season. Even more satisfying for the students has been the rich mix of offers equally spread across various domains to choose from.

The financial and financial services domain was represented by Barclays, Lehman Brothers, Standard Chartered, JM Financial and Centrum among others who made offers for investment banking, treasury sales, trading, product structuring, wholesale banking, relationship management and M&A advisory. The diversity of profiles on offer for finance provided enough scope for the finance enthusiasts to bag their preferred jobs, either in intense number crunching or milder client interaction roles.

Uday Damodaran, the chairperson of the placement committee said, “The large number of high-quality offers in niche areas reinforces the fact that XLRI is the preferred campus for recruitment by corporates when they look for extra ordinary talent.”

Consulting firms yet again were present in full strength, offering students the roles of senior-level consultants. Ernst & Young, Hewitt, PriceWaterhouseCoopers, Mercer, KPMG, TSMG, Capgemini were the leaders in the pack recruiting students for consulting in various spheres—banking and financial services, human consulting, media and entertainment and retail to name a few. This year saw growth in the number of general management offers made by Indian conglomerates and business houses. The Aditya Birla Group, The Hinduja Group, Essar, L&T, RPG made offers for top management roles to XLRI students. The Al Ghanim Group made international offers to multiple students. The growth in these offers signifies the coming of age and strength of domestic Indian and international houses to avail the best management talent available.

The technology industry was also present in full strength, with multinationals such as IBM, Cognizant Technology Solutions, Infosys, HCL, Wipro offering roles ranging from business development to global sales to project management. Companies such as Infosys offered fast track programs to students, which would provide packages of $1,00,000 a year into the job, the statement said.

With the final placements slated to begin in a matter of days and Companies pouring in for pre-placement talks with students, expectations are high for a robust end to the placement season for the batch of 2008....

Saturday, February 23, 2008

Save the Indian Tiger

Ok, this isn't related to campus, but its something I feel very strongly about & I wanted to get the message out to as many people as possible.

Please sign up & do your bit and feel free to mail this message to your friends.

Hi Everyone,

Many of you must have been following the news channels which have been highlighting the truth about the Indian Tigers as discovered by the latest census.

This census (perhaps the most credible one done in a very long time) states that the number of tigers in India today is just over 1400 with a probabilisitic survival rate in 2020 of under 10%. This rate assumes that no steps will be taken by us humans to correct this downward trend and all the reasons causing the falling population.

There is something we can do, even while sitting in the comfort of our homes or offices. We as a collective have the power to push our government to act.

NDTV is running a petition on their website and I hope that they are actually going to use that petition to bring the government to act (as opposed to simply using it as a gimmick to increase their eyeballs)

Our tigers are in deep trouble and there are at least 2 ways that you & I can act towards a solution.

1. Sign the Save the Tiger petition on NDTV
Hardly 15,000 people have signed it so far.

2. Log onto the prime minister’s website http://www.pmindia.nic.in/write.htm
and send him a polite mail (not more than 500 characters allowed in the mail, so choose your words with care), asking for the highest level of protection for India’s project tiger reserves. I request you to do this because tiger protection is not on his priority list - indeed, as the
Chairperson of the Wildlife Board, he can do a lot, but hasn’t. Our job is to put it high up on his agenda.

The one thing I request you to not do is to see this as someone else’s problem; it’s the least we can do. Also please forward this petition and this cause to your friends, so we can work to be the change we want to see in our country.


Friday, February 22, 2008

Swarathma wins Radio City Live Bangalore!

Swarathma has won the Regional Round of Radio City Live!

Why is this news being posted here ?
Because Jishnu Dasgupta of Swarathma is an XLer - of Bodhi Tree & Gaand mein Danda fame!

The show was a smash-hit - and the jury members Palash (Euphoria) and Subir (Parikrama) were all praises for the band's fresh original sound, the electric stage act and the sheer appeal of band onstage. Said Palash, "It's humbling for someone like me to be judging a band like you. You should not be in this competition, you should be on the international stage, and you will make India very proud"
Next stop - New Delhi - National Finals on 29th Feb. We share the stage with headlining act, and our idols, Indian Ocean.
Swarathma would like to send out a huge thank you to all those who made this possible, thank you for the encouraging messages, the SMS' that you sent and the unwavering support that makes us believe in ourselves.
Check out some of the pics from the event. While you're at it, check the City Express supplement of the Indian Express for a story on the event!
And we hope to see you at the Fireflies Festival of Music, tickets are available at the venue @ Rs 250
The Swarathma Team

Friday, February 15, 2008

XLRI signs a MoU With AIM, Manila

XLRI Jamshedpur signed a memorandum of understanding with the Asian Institute of Management, Manila. Mr F. Estrada, President AIM was present for the event.

Both parties hereby agree to work together for mutual advantage in the following areas:

Faculty Exchange: AIM and XLRI will exchange at least 2 faculty members per academic year. The terms of the exchange will be as follows:

    1. Selection of the faculty members for the exchange program will be done jointly by the Deans of AIM & XLRI.
    2. Each selected member must spend at least one academic term at the ‘host’ institute.
    3. During this period, each selected member will be expected to teach at least one course in a full-time program of the host institute. Depending on one’s interests, one may also participate in other activities such as short-term executive development programs, research projects and seminars.
    4. The ‘parent’ institute will continue to pay salary to its nominee for the exchange period.
    5. The ‘host’ institute will provide free board and lodge facilities, and pay an honorarium for the teaching done by a visiting exchange professor.

Joint Executive Development Programs: AIM and XLRI agree to jointly design, market, and conduct short-duration executive development programs in 3rd countries—especially in the Asian region. All responsibility, costs, and revenues will be shared on a 50:50 basis.

Joint Research: AIM and XLRI agree to identify research themes of international, particularly Asian, relevance and to form joint teams for carrying out research on them. The findings of such research projects will be published jointly by the two institutes.

Case Development: AIM and XLRI agree to launch a concerted drive to develop Asia-based cases and, thereafter, publish jointly a compilation on an annual basis. In view of its greater expertise in case writing, AIM agrees to conduct a workshop on the subject exclusively for XLRI faculty on dates to be finalized according to mutual convenience. XLRI will bear the travel expenses of AIM faculty deputed for this purpose.

XAT: In order to attract Indian applicants for admission, AIM agrees to join the group of business schools that accept XAT (XLRI’s aptitude test) for admission purposes—and to pay the standard annual fee applicable to other member institutions.

Furthermore, AIM undertakes to explore the possibility of promoting and conducting XAT on behalf of XLRI in the ASEAN region.

Joint Management Journal: AIM and XLRI agree to jointly launch a new, international-class management journal by January 2010.

A joint ‘project team’ will be formed for this purpose; it will be ready to begin its preparatory work by April 2008.

Student Exchange: AIM and XLRI agree to continue student exchange as per the agreement signed between them earlier on December 13, 2004.

Tuesday, February 12, 2008

XLRI Finance Seminar '08

XLRI Jamshedpur in association with The Institute of Cost and Works Accountants of India organized the ‘XLRI Finance Seminar 08’. Conducted and arranged by FINAX, the Finance association at XLRI, the seminar provided an insight to management students about different aspects of Risk Management, a topic of utmost relevance in the present day business scenario.

Various dignitaries came together on a common stage and enriched the discussions with their vast experience and vision. The dignitaries included Dr. A.K. Sarkar , Director (Finance) - Central Coalfields Limited, N. K. Mishra, Group Head (Mergers & Acquisitions), Tata Steel, Mr. Robin Roy, Associate Director- PriceWaterhouse Coopers, Mr. C.E.S.Azariah, CEO-FIMMDA, Shri D Ravishankar, Ex. Director, Investment & Risk Management-CRISIL, Dr Venkatachalam, Ex Director-Bangalore Stock Exchange. Delegates from Tata Steel, ICWAI and students from ICWAI also attended the seminar.
“This seminar exposed the management students and other participants present, about the various specialized activities related to risk management,” said Dr. Gourav Vallabh, an eminent XLRI faculty from the finance area.

The inaugural address was given by the guest of honour Mr. Chandra Wadhwa, President ICWAI while Dr. A.K Sarkar,Director (Finance) CCL, the chief guest for the seminar delivered the keynote address.

Dr. D Ravishankar, Ex. Director, Investment & Risk Management-CRISIL, enlightened the gathering on the topic of Risk Management in Banking Industry. He explained the various types of risks faced in banking industry and then also spoke about Basel II and the risk management architecture and framework.

A session on Interest and Foreign Exchange Risks and was taken by Mr. C.E.S.Azariah, CEO-FIMMDA. He explained the 10 year G-Sec yield movements and also went on to demonstrate the change in the behavior of banks with the change in interest rate trends.

A panel discussion on Mergers and acquisitions (M&A) was one of the key events of the seminar. The panelists discussed on how corporate restructuring strategies are an important aspect of the corporate finance world and can dictate the fortunes of the companies involved for years to come. As industry structure moves towards more consolidation it becomes imperative for upcoming managers in India to understand the process of due deliberation and its importance in working out a deal.

Mr. Robin Roy, Associate Director, PriceWaterhouse Coopers, in his session on ‘Enterprise Wide Risk Management’ discussed about enterprise risk systems and their relevance in today’s global economy.

The participation level and discussion with students and faculty alike at the seminar re-established the strength and expertise of XLRI in the area of finance. The seminar was sponsored by ICWAI and co-sponsored by Tata Steel, Larsen &Toubro Ltd., Taxmann Publications and Karvy Stock Broking Ltd.

Monday, February 11, 2008

Public Productions - 2008

Greetings from DRACULA on campus!

This year's edition of the Public Productions was one that was especially close to our hearts, being the first ever home production!

The title of the play was "The Shadows Within". Its story revolved around the lives of 5 characters who meet on a train from Gujarat to Delhi, set in post-Godhra, post-post-Godhra-riots times. The play was directed by Drac Secy Cool Mallu Srijit Vijayan and the script was co-written by five members of the 2007-2009 batch.

Slightly more light shall be shed on this as a blog post on http://xldracula.blogspot.com

For now, all that need be said is - quite a few hairs were lost in its making, and the appreciation post-play was most gladdening :)

Shrikant Narasimhan
XLRI Jamshedpur

Friday, February 08, 2008

Invitation to XLRI's Annual Play

You are Invited to
the Annual Play
The Shadow Within
Feb 9th (7:30pm)
Tata Auditorium
staged by
The Dramatic and Cultural Association at XLRI

XL's 1-yr Exec-MBA Placement (Mumbai Feb 9th-16th) work-ex: 7.5yrs average

For more information for the following, please contact:
Srinidhi Vavle

As many of you may be knowing, since 1997, XLRI has a full-time 1 year Executive MBA program (1000 contact class hours).

Since last year, XLRI is also providing the placement facilities to them (given the difference in profile and coursework, this process is separate from the placement process of the 2 year course). Last year’s placement got an average number of offers per candidate equaling 2.16 and average salary for domestic offers being 15 Lakhs INR.

This year's placement will be taking place in Mumbai during Feb 9th-16th at

Renaissance Mumbai Hotel & Convention Centre
2 & 3B, Near Chinmayanand Ashram; Powai,
Mumbai - 400 087
(list of companies participating in the recruitment process is pasted below)

The current batch consists of 55 self-sponsored students

Minimum Work-Ex: 5 yrs
Average Work-Ex: 7.5 yrs

Experience in diverse sectors such as Airline, Energy, FMCG, Banking, Government Services, IT & ITES, Management Consultancy, Manufacturing, Shipping and Telecom.

Functions handled: Operations (30%), IT/Consulting (25%), Marketing (17%), Engineering (15%), Finance (10%), R&D (3%)

Average age: 29yrs

Detail Profiles can be downloaded from:

If you know someone who would be interested, please pass on this information

Companies Participating in the Placement (Feb 9th-16th, 2008):

Accenture Consulting
Ashok Leyland
Barclays Tech Centre
Cairn Energy
ENIL(Times Group)
Frost & Sullivan
ITC Infotech
Jindal (JSW)
Jindal Stainless
Jindal Steel & Power
L&T Infotech
Meghraj Finance
O3 Capital
Photon Infotech
Reliance ADAG
SBI Caps
SKS Microfinance
Tata Motors
Tata Power
Tata Steel
Tata Trent


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