XLRI Placements 2019: Average Salary Shoots to Rs.22.35 Lakhs with Highest Package at Rs.50 Lakhs; Concludes 100% placement in 2 Days

Saturday, February 09 2019, 11:30 AM
XLRI placement 2019
XLRI Jamshedpur final Placement 2019 has concluded in 2 days with 100% placement and upward jump in Average salary which has gone up to Rs.22.35 Lakhs this year from Rs.20.10 lakhs last year. Highest salary has gone up to Rs.50 Lakhs. 122 PPOs were accepted in the batch of 358 students. 104 recruiters participated in XLRI Placement making 362 domestic and international offers

Breaking all its past placement records and continuing with its legacy of achieving the higher placement packages for its students, resulting in rising average, median and highest salary in Placements year after year, XLRI Placement 2019 has witnessed a substantial rise in average salary which has gone up to Rs.22.35 lakhs this year from Rs.20.1 lakhs last year. The highest pay package has gone up to Rs. 50 Lakhs in Placement 2019. The entire placement process has concluded in two days with 100% placement for the participating students.

Last opportunity to Apply to Top B-schools with CAT & XAT Scores

XLRI- Xavier School of Management has successfully achieved 100% placements for the outgoing batch of 2017-19 of its flagship Two-year Postgraduate Diploma in Management  HRM and BM programme with all 358 candidates securing offers in the final recruitment process in 2 days.

The Final Recruitment process saw participation from 104 recruiters with 362 domestic and international offers, inclusive of 19 first time recruiters.

On the remarkable success of Placement 2019, Fr. E Abraham, Director, XLRI - Xavier School of Management said, “We are happy to announce that this year’s placement season has once again witnessed remarkable success. Interest in XLRI’s students has been tremendous with top companies recruiting. 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.”

Key Highlights of XLRI Placement 2019

  • Average Salary has increased to INR 22.35 lakh per annum from INR 20.1 lakhs per annum in 2018.
  • Median salary offered to the batch is INR 21 lakhs per annum
  • The highest salary offered in Placement 2019 stood at INR 50 lakhs per annum from the BFSI sector.
  • Total Number of PPOs accepted: 122
  • No. of first time recruiters: 19
  • The top segments based on roles offered were Consulting, Sales & Marketing and BFSI.
  • The Boston Consulting Group made the highest number of offers among the regular recruiters.
  • First-time recruiters included companies such as Allianz Global Investors, Bain & Co., Adani Group, Jubilant Foodworks, Rivigo, Experion, Belden, Xiaomi, Google, Udaan amongst others.
  • Placement witnessed Participation from PSUs like ONGC, GAIL and RECL.

XLRI Placement Trends
The Placement 2019 has recorded a spurt in average salary by more than 11 percent over last year while median salary has remained same as that of last year. Beating the slowdown in placement offers in past years also, XLRI has consistently seen an increasing trend in the average salary. A comparative analysis is given below:

Placement year
Average salary (Rs. in lakhs)
Median salary (Rs. in lakhs)
Placement 2019
22.35
21
Placement 2018
20.10
21
Placement 2017
19.21
19
Placement 2016
18.50
18

Rising number of PPOs
Pre placement offers (PPOs) have also recorded consistent high ratio in placements over the years as shared below-

XLRI Placement year
PPOs
2019
122
2018
122
2017
121
2016
102
2015
 99
2014
 79

The rising trend in number of PPOs emphasises that the students from XLRI are consistently proving their mettle in the industry year after year.

Participation by PSUs & First Time Recruiters
Placement 2019 at XLRI saw participation from Public Sector Undertakings like ONGC, GAIL, and RECL along with high number of first time recruiters like Allianz Global Investors, Bain & Co., Adani Group, Jubilant Foodworks, Rivigo, Experion, Belden, Xiaomi, Google, Udaan

Top Recruiters
Out of 104 recruiters, XLRI witnessed 19 first time recruiters in Placement 2019. Top recruiters at XLRI Placement 2019 include Boston Consulting, Microsoft, Amazon, Allianz, P&G, Aditya Birla Group, ITC, Avendus Capital, Hindustan Unilever, McKinsey & Co., Bain & Co., Accenture Strategy, Deloitte, PWC, AON, Mercer, KPMG, Asian Paints, Samsung, Citibank, HSBC, J.P Morgan, Mahindra, Reliance Industries, Uber, Rivigo, Media.net, Google, Flipkart, Oyo Rooms, Tech Mahindra, EXL, RPG, Lodha Group, Sapient among others

While the Boston Consulting Group made the highest number of offers, first-time recruiters included companies such as Allianz Global Investors, Bain & Co., Adani Group, Jubilant Foodworks, Rivigo, Experion, Belden, Xiaomi, Google, Udaan among others.

Sector Wise Placement
The top segments based on roles offered were Consulting, Sales & Marketing and BFSI. Consulting firms extended offers to 21% of the candidates. Sales & Marketing and BFSI constituted 27% and 22% of the roles offered to Business Management students respectively. Other roles included niche functions in Analytics, Product Management, Business Development, Brand Management and Finance.

XLRI’s unrivalled reputation for its PGDM programmes especially the 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.

Consulting
Consulting was a big draw this year with firms such as The Boston Consulting Group, McKinsey & Co., Bain & Co., Accenture Strategy, Deloitte, PWC, AON, Mercer, KPMG, Vector Group, Everest Group and others participating in the process.

FMCG, Telecom and Media
XLRI has established itself as a campus preferred by FMCGs and the trend continued this year with top firms such as P&G, Hindustan Unilever, ITC, Colgate Palmolive, Asian Paints, Samsung, Philips, Dr Reddy’s and other participating. The process also saw participation from other firms in this segment such as Star and Bennet Coleman & Co. Roles in Sales & Marketing, Product Supply, Operations, IT and Human Resources were offered.

BFSI
Finance did exceedingly well this year aided by the participation of firms such as Allianz Global Investors, Citibank, HSBC, J.P Morgan Chase, Avendus Capital, DBS, IDFC First Bank, ICICI and others. The roles offered were Front End Investment Banking, Global and Corporate Banking, Wealth Management, Global Markets and Retail Banking. The increase in finance roles can be attributed to the increased number of candidates from the Finance specialization.

General Management
Roles in General Management were offered by conglomerates such as TAS, Aditya Birla Group, Mahindra, Reliance Industries, Xiaomi, RPG, Capgemini ELITE, Bajaj Finserv, ACT and others. 

ITES, E-commerce and Analytics
The firms in this segment include Microsoft, Amazon, PayTM, Uber, Rivigo, Media.net, Google, Flipkart, Oyo Rooms, Tech Mahindra, EXL and others. The diverse set of roles offered were Program Manager, Product Manager, Catalog Manager, Business Development, Analytics and Recruiter.

HR
XLRI is widely regarded as one of the best management colleges in the country for HR. The HR roles were offered by firms spanning the spectrum such as RPG, Lodha Group, Sapient, Accenture, ITC, JP Morgan and Chase, Udaan, ATG Tires, Ramco Systems, Colgate Palmolive and others. HR roles offered also included recruitment, HR consulting and HR analytics.

Prof. Uday Damodaran, Chairperson, Placements for 2 yrs. PGDM Programs at XLRI Jamshedpur said, “This has been a good year for both of summer as well as final recruitments. This year’s performance at the Final Recruitment process reaffirms XLRI’s position as a preferred destination for recruiters and one of the leading b-schools in the country. We are extremely grateful to all the recruiters for showing belief in the XLRI brand and our students. We are hoping that our relationship with the recruiters will go from strength to strength and would be fruitful for all.”

Xavier School of Management (XLRI) is a premier, private management institute in India founded in 1949 by Fr Quinn Enright, S.J. in the Steel city of Jamshedpur, Jharkhand. Over the last seven decades, XLRI has helped shape responsible business leaders who serve organizations of repute across the globe. As an institution, XLRI continually strives to contribute its mite to the professional growth and management of innumerable organizations that serve the public - especially organized industry sectors, labor welfare, service agencies engaged in rural development, education, health and other public systems.

XLRI has been awarded two prestigious International Accreditations, viz., AACSB - The Association to Advance Collegiate Schools of Business and AMBA - Association of MBAs. XLRI has also earned the National Board of Accreditation (NBA) accreditation.

Stay tuned to MBAUniverse.com for more updates on XLRI Jamshedpur