Xavier Institute of Management Bhubaneswar (XIMB) has announced its completion of Xuberance’14 with 100% placements for the PGDM (BM) batch of 2012-2014. The average annual compensation stood at Rs. 12.08 Lakhs per annum.
Highlights of XIMB Placements 2014:
1. Xuberance ‘14 saw the batch of 176 candidates of PGDM program participating in the placement process.
2. 54 companies participated in Xuberance ‘14 of which 18 were new recruiters.
3. 20% of students have been extended PPO/PPI from their summer internship organizations.
4. The highest domestic salary stood at Rs. 18 Lakhs per annum.
5. The average annual compensation stood at Rs. 12.08 Lakhs per annum.
6. The median annual compensation stood at Rs. 11.25 Lakhs per annum.
The highest international package of USD40,750 per annum was offered in the Business Development profile while the highest domestic salary increased to Rs.18.00 lakhs per annum. The Consulting area showed a substantial increase to 38% in terms of number of students foraying in this field, demonstrating the rich consulting acumen of the students of XIMB. Cognizant Business Consulting, Deloitte, PwC, KPMG, HP-ITO, Capgemini etc. were some of the major recruiters offering roles in Business Consulting.
The Marketing area lived up to its ever rising expectations with recruiters like Hindustan Coca-Cola Beverages Pvt. Ltd. (HCCBPL), Godrej, Tata Steel, Borges, IDEA, Group M, Bajaj Auto, Hyundai, Hero MotoCorp, Apollo Hospitals and many more, making their presence felt by recruiting 22% of the batch.
In the Finance stream, lucrative jobs were offered to the students by major financial corporates like SBI Capital Markets, CRISIL, ICRA, Axis Bank, ICICI Bank, Royal Bank of Scotland, HDFC Life, Magma Fincorp, and many more, echoing the strong belief of the industry in the financial intellect of the students of XIMB.
The Systems sector continued its constant growth and dominance with the major IT behemoths absorbing almost 19% of the batch. Major recruiters like Tata Consultancy Services, HCL Technologies, Wipro, Polaris, Accenture Technology Services, Mindtree, Tata Interactive Systems, Infosys BPO etc., offered diversified roles in the IT sector.
General Management, Strategy and Operations also witnessed a rise in recruitments. Renowned conglomerates like Larsen & Toubro and companies like Tata BSS, Tata NYK offered lucrative profiles to the young and dynamic managers of XIMB.
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PGDM (Human Resource Management) 2012-14
XIMB also announces placements for the PGDM (HRM) batch of 2012-2014. The pool of HR talent showcased by the institute attracted a number of leading companies to the campus and resulted in an array of impressive roles being offered to the students.
Highlights:
1. Xuberance ‘14 saw the batch of 59 candidates participating in the placement process.
2. 34 companies participated in Xuberance ’14 out of which 18 were new recruiters.
3.18% students received PPO/PPI opportunities during their summer internship itself.
4. The highest domestic salary stood at Rs. 18 Lakhs per annum.
5. The average annual compensation stood at Rs. 10.07 Lakhs per annum.
6. The median annual compensation stood at Rs. 9.55 Lakhs per annum.
Major Corporates like Aditya Birla HR Leadership Program, Capgemini, Tata Steel, Glenmark, Deloitte Human Capital, ITC Infotech, Ambuja Cements, L&T, Randstad, Godrej and Boyce, Korn Ferry and many more were among the top recruiters of the 2012-14 batch of PGDM (HRM).
PGDM (Rural Management) 2012-2014
Highlights:
1. Xuberance ‘14 saw the batch of 55 candidates of PGDM-RM program participating
2. 24 companies participated in Xuberance ‘14 of which 5 were new recruiters
3. The highest domestic salary stood at Rs. 11.1 Lakhs per annum
4. The highest international salary stood at USD 40000 per annum
5. The average annual compensation stood at Rs. 6.21 Lakhs per annum
6. The median annual compensation stood at Rs. 5.50 Lakhs per annum
Offers were received for various roles such as Consultant in PricewaterhouseCoopers and Deputy Manager-Research in Sambodhi Research & Communication. BFSI sector has again attracted the best financial minds. Bajaj Allianz and Magma Fincorp are new recruiters in this sector in addition to Axis Bank,ICICI and Ujjivan.Sales & Marketing sector saw the continued patronage of organizations like Amul and SREI-SAHEJ, while companies like United Phosphorous Ltd. participated for the first time. NCDEX offered the role of an Executive Trainee to our students while Kadence International offered the role of Qualitative Technical Adviser.
Fr. Paul Fernandes S.J, Director- XIMB, said, “The talent offered by PGDM (RM) program attracted recruiters from a wide spectrum of sectors.” To which Prof. Saveeta Mohanty, Faculty Coordinator, Placements added, “Our alumni have achieved unprecedented heights in domains related to rural sector. It is an indicator of illustrious position of our RM course in the industry”
The growing interest of students in sectors like research, E-governance, agri-business etc., was welcomed by the stalwarts of the industry like IFMR, AISECT and DSCL. A large number of students joining grassroots organizations like Jeevika (BRLPS) point to the fulfillment of the objectives of the Rural Management program.
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