Saturday, March 08, 2008

XLRI Placements

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XLRI takes a big leap with huge offers
7 Mar, 2008, 0000 hrs IST, TNN

KOLKATA: XLRI Jamshedpur's final placements for the batch of 2008 drew to a close with 298 offers being made to 180 students. A total of 12 international offers were made at an average of $90,000, with the highest offer coming in at $100,000. Domestic offers scaled a high of Rs 28 lakh while the average domestic offer stood at Rs 14.75 lakh.

First-time recruiters on campus included the likes of JM Financial, Barclays, Kotak, 8 Capital Hedge Fund, Centrum and Aptivaa among others. 8 Capital Hedge Fund recruited exclusively from XLRI.

As expected, finance ruled the roost with around 31% of the offers made in this domain by global and domestic biggies like Lehman Brothers, Goldman Sachs, JP Morgan Chase, JM Financial, HSBC, Citibank, Barclays, Deutsche Equities, Standard Chartered, 8 Capital Hedge Fund, ICICI Bank, Icra, Kotak and Centrum among others.

"Some even chose to offer treasury roles at their offices in London, Toronto, and Bahrain," said XLRI placement committee chairman Uday Damodaran.

Consulting roles too, were offered in plenty by names like McKinsey, Accenture, The Hay Group, Ernst & Young, KPMG, Mercer, PWC, Hewitt Associates, Deloitte and Aptivaa. Around 21% of the students accepted these offers which were spread across verticals like strategy, banking and financial services, human resources, risk management, among others.

Global FMCG majors too lined up for placements with companies such as Procter and Gamble, Hindustan Unilever, Johnson and Johnson, Colgate Palmolive, Nestle, Cadbury, Asian Paints, Reckitt Benckiser, Marico, Glaxo Smithkline and ITC offering positions to 23% of the batch in sales, branding and marketing (with international locations).

Notably, global sales and strategy were offered as lateral entry positions by such IT majors as Infosys and HCL Technologies. General management roles also proved popular with names like TAS, Al Ghanim, The Aditya Birla Group, The Hinduja Group, Essar and The Murugappa Group, offering both national and international roles. Approximately 14% of the batch snapped up offers in this arena.

Another 11% were made lucrative offers by technology sector companies like Microsoft, HCL, Infosys, Cognizant and Wipro, who offered lateral roles for students with previous experience in handling information services


  1. Good to hear that XLRI continued its record of having great placements this year too.

    The placement report from XLRI always says that it treats BM and PMIR students as same and never discloses the placement ststisticts of PMIR students seperately. XLRI may not differentiate between PMIR and BM but companies visiting the campus certainly do.

    As a student joining PMIR this year I am interested in knowing the designations offered to PMIR graduates and also the packages offered to them. This would be of great help to many students like me who are still struggling to zero down on one of the offers obtained by them.

    I may be giving an impression that salary is the only factor for deciding to join a B school. All the other details apart from salary are available on web and if you could provide this info also, it would be great.

    Please send ur mail to incase you dont want to disclose that in public

  2. Blast furnace :
    you have already got entry to PMIR, so what is your hurry for all this information. Its not going to change your mind on whether to go for an MBA. so how will that information benefit you.

    End of the day, designations don't mean a thing. We are living in a different day and age where a designation like VP is given in 1 year in one company and takes 10 years to earn in another. What designations are you looking for ?

    Plus you have made so many assumptions in your comment. How do you know that companies differentiate when recruiting on campus? and what is the point of that comment.

    I realise, you must be one enthu baccha who is all excited about joining B-school, so my advice is don't rush it. Read up as much as you want, but don't be in a raging hurry. There is a time for everything and your 2 years on campus will show you that some things that seem like burning issues today are not even going to be footnotes by the end of the 2 years.



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