Wednesday, February 15, 2012

XLRI Jamshedpur wraps up final placements with a record 284 offers and top salary of $125,000

From: The Economic Times

KOLKATA: The economic downturn notwithstanding, XLRI School of Business & Human Resources has wrapped up its final placement process 2012 in less than four days, with 98% of the batch getting placed within the first three days. Some 73 companies participated this year in the final placement process with a record 284 offers made to a batch of 235 students.

The highest domestic salary offered was Rs 40lakh and the highest international offer made stood in excess of $125,000. The average domestic salary for the final placement this year was Rs. 16.48 lakh. The median domestic salary was Rs. 15.5 lakh.

In the finance sector, top recruiter Goldman Sachs made 12 offers for its asset management and investment research roles. Other recruiters within the banking and finance sector included Standard Chartered, NM Rothschild, Citibank, Nomura, Bloomberg, Edelweiss, Rabobank, ICICI Bank, YES Bank, L&T Finance, SBI Capital Markets and DBS Bank. Additionally, corporate finance roles were offered by Airtel, Cairn India Energy and Reliance Industries.

On the consulting front, a large number of established and boutique consulting firms recruited students for international and domestic strategy roles. Multiple offers were made by Boston Consulting Group and McKinsey and Co. Deloitte Consulting recruited for India as well as US roles. First-timer Gallup Consulting offered multiple roles across divisions. Accenture Management Consulting made offers for its India and Global practices.

KPMG, Ernst and Young, IBM Consulting, Hay Group, Tata Strategic Management Group, Mercer, AonHewitt, Nielsen, PriceWaterhouse Coopers, PeopleStrong, Wipro Consulting, Cognizant Business Consulting, Capgemini Consulting, Infosys Consulting and HCL were among the other recruiters. Vector Consulting, a leading operations consulting firm, also recruited from XLRI for the first time.

From the marketing space, Unilever, P&G, Johnson & Johnson, GlaxoSmithKline, Nestle, PepsiCo, Hindustan Coca Cola Beverages, Asian Paints, Marico, Castrol, Britannia, ITC, Kraft Cadbury, Lenovo and Airtel were among the top names on campus. Airtel was among the largest recruiters with a total of 12 offers on campus.

In general management, TAS, Cairn India Energy, Aditya Birla Group, Mahindra, Hinduja Group, Lodha Group, Reliance Industries, RPG, Coromandel and Olam International were among the top names recruiting.

Technology companies including names such as Facebook, Amazon, Flipkart and Redbus, made their presence felt as did other companies like Michael Page, Suzlon, HPCL-Arcelor Mittal Energy Limited, Tata Motors and Raymond.

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