XLRI Final Placements 2016: Median salary of 18 Lacs

Xavier School of management (XLRI) has placed its current outgoing batch of 2014-16, the largest batch to ever sit for final placements in the history of XLRI. The Final Recruitment process at XLRI saw participation from 132 recruiters, inclusive of 36 first time recruiters making 386 offers for a batch of 361 students.

Achieving yet again 100% placement, XLRI’s unrivalled reputation for its Human Resources Program was clearly visible as the HR students secured excellent job offers across sectors viz. Consulting, FMCG, General Management and other sectors in large numbers.

102 students were offered PPOs (Pre-Placement Offers) from their summer internships, of which 84 PPOs were accepted, students from XLRI proving their mettle in the industry yet again.

The median salary offered to the batch is INR 18.00 lakhs per annum while the average is INR 18.5 lakhs per annum both an increase over last year.

The placement 2016 reflected an upward swing in recruitment with more recruiters offering higher placement packages while the companies competed among themselves in offer of more jobs.

Key Trends in placement 2016
XLRI has a consistent record of 100% placement. The placement season 2016 was no exception to the feat.

There were 361 students seeking placement 2016 in comparison to the batch size of 300 students in 2015 and 241 students seeking placement in 2014. All the 361 students seeking placement got suitable offers.

Average & Median Salary up
Beating the slow down in placement offers, the placement season 2016 at XLRI saw a rise in median salary to Rs. 18 lakhs per annum from Rs.17 lakhs per annum in 2015 and Rs.16.25 lakhs per annum in 2014 showing a rising trend in the job market.

The average salary in placement 2016 at XLRI stood at Rs. 18.5 lakhs per annum

Rise in Number of recruiters
The Final Recruitment process 2016 at XLRI saw participation from 132 recruiters including 36 new recruiters. There were 108 recruiters in placement 2015 at XLRI.

As against 321 offers made for a batch of 300 students in Placement 2015, XLRI witnessed 386 offers made for 361 students in Placement 2016. There has been a significant rise in number of recruiters during the past 3 placement seasons at XLRI. While there were 77 companies visiting XLRI in Placement 2013, the number rose to 103 in Placement 2014.

More PPOs
Pre placement offers (PPOs) also saw a rise in placement 2016 over 2015 and 2014. 102 students were offered PPOs in Placement 2016. This number was 99 in Placement 2015 and was 79 in 2014. The trend emphasised that the students from XLRI proving their mettle in the industry yet again.

Domain wise Placement

Finance
In continuation with the trend from the recently concluded Summer Internship Placements the CRP was marked by a good presence of recruiters from the financial sector domain. Recruiters from the BFSI space included Citibank, Development Bank of Singapore, Goldman Sachs, ICICI Bank, Standard Chartered and Yes Bank. ICICI Bank was the largest recruiter with 21 offers total. Kotak Mahindra and Karvy visited for the first time and offered Wealth Management and other companies also visited campus offering PE, VC and IB roles.

Marketing /Operations and Human Resources
The FMCGs have been the forte of XLRI over the years. This year was no different and XLRI has again re-established its strength as an FMCG destination. Asian Paints, Colgate Palmolive, GSK CH, Heinz, HCCB, ITC, Kellogg’s, Mondelez, Nestle, PepsiCo, Reckitt Benckiser, Unilever among others offered roles in Sales and Marketing and HR functions. ITC was the largest recruiter in the FMCG space.

The media sector too made its presence felt with Star TV rolling out the second highest number of offers at 12, and opening up Sports Marketing role. Airtel, Ericsson, Vodafone and Telenor represented the Communications and the Networking space while Samsung recruited from the Consumer Durables sector here at XLRI.

Future Group, Lodha Group recruited students from the HR function. Ola Cabs, Uber, Tata Steel, Reliance Industries and Zensar offered operations related roles including supply chain and procurement.

General Management
General Management once again was one of the preferred sectors on campus with major industry players like Aditya Birla Group, Mahindra & Mahindra, Reliance Industries, RPG and TAS offering a large number of roles in this area.

Consulting
The consulting domain saw the active participation of industry majors such as Accenture Strategy, Capgemini Consulting, Cognizant Business Consulting, Deloitte, EY, Everest Group, Gallup, KPMG, McKinsey and Company, Peoples Business Group, Price Waterhouse Coopers, The Boston Consulting Group, and Vector Consulting and Zensar. International roles were also offered to students.

Technology
Technology and ecommerce were the other highlights with some of the key recruiters being Call Health, Flipkart, Microsoft, Ola Cabs, Paytm, Samsung, Tech Mahindra and Wipro who offered roles in program management, sales & marketing, HR and operations.

Sharing on rising trend in placement packages, Prof. Rajiv Misra, Chairperson, Placement, XLRI said “XLRI has completed yet another successful placement session for its students. This year’s placement season has witnessed a remarkable increase in both the number of offers and recruiters coupled with participation of quite a few new recruiters. We are happy to announce that there has been an across the board increase in the salary package as well. We attribute 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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