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XLRI Jamshedpur has completed 100 percent placements for all 503 students at both XLRI Jamshedpur and XLRI Delhi NCR campuses. A total of 154 recruiters participated in XLRI Placements 2024 making 520 offers. Against the backdrop of challenging market conditions, the average salary for XLRI Placements 2024 has dipped by 8.6%.
XLRI Jamshedpur has completed 100 percent placements for all 503 students of graduating 2022-24 class of PGDM (BM) and Two-year PGDM (HRM) programs from both XLRI Jamshedpur and XLRI Delhi NCR campuses. A total of 154 recruiters, included 65 new recruiters, participated in XLRI Placements 2024 making 519 domestic and 1 international offer. Against the backdrop of challenging market conditions, the average salary for XLRI Placements 2024 has dipped by 8.6%. Accenture Strategy, Amazon, Boston Consulting Group, HCL, HUL, Ola, PwC, Reliance and Tata Steel made the highest number of offers at XLRI Placements 2024.
XLRI Final Placements 2024: Key Highlights
“It brings us immense joy to declare that, against the backdrop of challenging market dynamics, XLRI has accomplished 100% placement with resounding success," said Father S George, Director, XLRI.
XLRI Placements 2023: Average Salary at Rs.32.7 LPA; Accenture, Amazon, BCG, HUL, ITC, PwC hire big
XLRI Jamshedpur has yet again broken all its past placement records and has continued with its legacy of achieving the higher placement packages for its students, resulting in rising average, median and highest salary in Placements 2023. XLRI Jamshedpur student has been offered the highest international package of Rs.1.1 Crore for the HR domain while the highest domestic package has gone up at Rs. 78.2 LPA offered by ITES sector. Accenture Strategy, Amazon, Bain and Company, Boston Consulting Group, HUL, ITC, PwC made the highest number of offers to XLRI students in Placement 2023
Consistently scaling new heights in placements over the years, XLRI conducted its final placement process 2023 in January and has concluded its placement season 2023 in just 1 day with 100 percent placements for the outgoing batch of 2021-23 for its flagship programs – Two-year Postgraduate Diploma in Management – Human Resource Management and the Two-year Postgraduate Diploma in Management – Business Management with all 463 candidates securing offers through the final recruitment process. The students of the 2021-23 batch from XLRI Jamshedpur and Delhi NCR campuses participated in the placement process.
XLRI Placement 2023 has witnessed a substantial rise in average salary which has gone up at Rs.32.7 LPA from Rs.30.7 LPA last year. The process saw participation from 117 recruiters with 484 domestic offers and three international offers, including 30 new recruiters. The placement offers also include pre-placement offers (PPOs) which were offered to 43.8 per cent of the batch on the basis of their performance during their summer internships.
XLRI final placement process was conducted in two stages. The first stage of Lateral Recruitment Process (LRP) was conducted over a week in January 2023 where students with prior work experience were interviewed and were offered higher than entry-level positions.
The second stage of Campus Recruitment Process (CRP) was conducted on a single day in February 2023 where there was no segregation on basis of the work experience.
Participation by 30 First Time Recruiters
Placement 2023 at XLRI saw participation from 30 first time recruiters like Barclays, Deutsche Bank, Emaar Properties, HSBC, Indigo Edge, Mercedes Benz, Nykaa, Samagra Governance, Shell, Zomato
Top Recruiters
Out of 117 recruiters, XLRI witnessed 30 first time recruiters in Placement 2023. Top recruiters at XLRI Placement 2023 include Accenture Strategy, Amazon, Bain & Company, BCG, PayTM, PwC which made the highest number of offers. Other legacy recruiters included Aditya Birla Group, American Express, Asian Paints, Hindustan Unilever, P&G, TAS, Microsoft, DTDC, EY Parthenon, Pine Labs, Redseer Strategy Consultants, Texas Instruments, Alvarez & Marsal, Aon, Boston Consulting Group, Deloitte, EY, Kearney, KPMG, Mckinsey, Synergy Consulting, Vector Consulting, Google, Media.net, Walmart, Flipkart, Star Disney, Uber, Games 24x7, Head Digital Works, Colgate Palmolive, Johnson & Johnson, Asian Paints, Nestle, Samsung, Mondelez, Nykaa, Reckitt, Pidilite, Pernod Ricard, AB inBev, Haleon GSK, Cipla, Dr. Reddy’s, Sun Pharma, Ephicacy, PI Industries, Emaar, Aliens Group, Goldman Sachs, J.P Morgan Chase, Avendus Capital, Indigo Edge, HSBC, American Express, Citibank, FinIQ, Mastercard, Natwest, Standard Chartered, Société Générale, Mercedes Benz, Power Finance Corporation, Bajaj Auto, Renew Power, Shell, Varroc, Vedanta. Airtel, Tata Communications, Vi, Marico, JP Morgan Chase and Co., Samsung among others
Sector Wise Placement
The top segments based on roles offered were Consulting, ITES, E-Commerce, Sales & Marketing and General Management. Consulting firms extended offers to 29% of the candidates.
Consulting: 29% Share in XLRI Placements 2023
XLRI continued to be the destination of choice for consulting firms such as Accenture Strategy, Alvarez & Marsal, Aon, Bain & Company, Boston Consulting Group, Deloitte, EY, Kearney, KPMG, Mckinsey, PwC, Synergy Consulting, Vector Consulting and others participating in the process. The increase in consulting roles can be attributed to a higher number of candidates opting for these roles and the recognition of the talent pool at XLRI by these consulting firms, accentuated by our pedagogic rigour. The increased interest is also attributable to the established track record of XLRI graduates over the years in prestigious management consulting firms in India and abroad.
ITES, E-commerce, Sales & Marketing Gaming and Online Services: 52% Share in XLRI Placement 2023
ITES, E-Commerce, Sales & Marketing constituted 27% and 25% of the roles offered to the students respectively. Accenture Strategy, Amazon, Bain & Company, BCG, PayTM, and PwC made the highest number of offers amongst other legacy recruiters such as Aditya Birla Group, American Express, Asian Paints, Hindustan Unilever, P&G, TAS, Microsoft, and others. Other new recruiters included DTDC, EY Parthenon, Pine Labs, Redseer Strategy Consultants, and Texas Instruments.
Overcoming the blues of the technology sector market, there was sustainable hiring in these sectors in Product Management, Analytics & Programme Management roles. Major recruiters included Amazon, Google, Microsoft, Media.net, PayTM, Walmart, Flipkart, Star Disney, Uber, Games 24x7, and Head Digital Works.
FMCG, Pharma and Real Estate
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, Johnson & Johnson, Asian Paints, Nestle, Samsung, Mondelez, Nykaa, Reckitt, Pidilite, Pernod Ricard, AB inBev, Haleon GSK and others participating. The process witnessed hiring by companies in the pharma chemical sector such as Cipla, Dr. Reddy’s, Sun Pharma, Ephicacy, PI Industries, among others. Real estate developers viz. Emaar and Aliens Group participated in the process for the first time. Roles in Strategy, Sales & Marketing, Supply Chain, Operations, IT and Human Resources were offered to the graduating students.
BFSI
The Finance sector was another major contributor, with the participation of firms such as Goldman Sachs, J.P Morgan Chase, Avendus Capital, Indigo Edge, HSBC, American Express, Citibank, FinIQ, Mastercard, Natwest and Standard Chartered, Société Générale, among others. The roles offered in this domain were Front End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, and Retail Banking.
Automotive, Energy and Telecommunications
Automobile sector witnessed the boarding of premium recruiters such as Mercedes Benz and Power Finance Corporation. Other legacy recruiters in these sectors were Bajaj Auto, Renew Power, Shell, Varroc and Vedanta. Airtel, Tata Communications and Vi were among other established firms in the telecommunications sector.
General Management
Roles in General Management were offered by conglomerates such as TAS, Aditya Birla Group, Mahindra, Bajaj Finserv, Kotak, Capgemini ELITE, Reliance Industries, RPG group, Hinduja group and other firms.
HR
XLRI is widely regarded as the best institution in the country for HR. HR roles were offered by firms spanning the spectrum of domains such as P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase and Co., Google, Samsung, Bajaj Auto, and others. HR roles offered included HR Consulting, Recruitment, Compensation & Benefits, HR Analytics and Chief of Staff. Premier consulting firms like KPMG, PwC, EY, and Deloitte open exclusive HR consulting roles for XLRI students reaffirming their trust in XL-ers as HR leaders of tomorrow.
Maximum roles and profiles in XLRI Placements 2024 were offered in Consulting, ITES and Sales & Marketing domains. The surge in consulting roles can be primarily linked to the influx of various new consulting companies recognizing the exceptional talent pool at XLRI. Key profiles offered include Product Management, Analytics, Strategy, Sales & Marketing, Supply Chain, Operations, IT, Human Resources, Front End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, Retail Banking, HR Consulting, Recruitment, Compensation & Benefits, HR Analytics, Chief of Staff roles among others
