XIMB placement 'Xuberance' 2017: Average salary up; achieves 100% placement for 29th MBA (BM) batch

Monday, March 20 2017, 10:00 AM
XIMB has achieved the successful completion of Xuberance' 17 with 100% placements for the MBA (BM) batch of 2015-2017
The industry has yet again reaffirmed its faith in our students by offering diverse profiles and niche roles XIM Bhubaneshwar

Xavier Institute of Management (XIMB), Xavier University Bhubaneshwar (XUB) has achieved the successful completion of Xuberance’17 with 100% placements for the MBA (BM) batch of 2015-2017. Despite the ever-increasing competition, the students have performed admirably, garnering roles from numerous premier organizations. According to XIMB ‘The industry has yet again reaffirmed its faith in our students by offering diverse profiles and niche roles.’

2017 is yet another consecutive year of 100% placement at XIMB and this is the testimony of students’ mettle of this B-school. Placement 2017 at XIMB witnessed not only higher salaries but more recruiters making more offers across the domains.

XIMB Placement 2017: Highlights

1. XIMB, Xuberance ‘17 saw the batch of 360 candidates, participating in the placement process

2. 102 companies participated in Xuberance ‘17 of which 60 were new recruiters

3. More than 50% increment in the number of recruiters

4. 35% increment in the number of PPO/PPIs offered to the students

While organizing Xuberance year after year, XIMB has always taken pride in matching the aspirations of the future managers with the prestigious organizations of their dreams. Although XIMB began its placement process later than number of top rated B schools, but completed it much earlier than many of them. The placement 2017 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 2017
XIMB has a consistent record of high placements. The placement season 2017 was no exception to this achievement. Entire placement 2017 process at XIMB was well managed by the Placement Committee at the B school.

Average salary up
All 360 students in MBA Business Management batch 2015-17 of XIMB have achieved 100% placement. Beating the slowdown in placement offers, the placement season 2017 at XIMB saw a rise in average salary to Rs.13.18 lakhs from Rs.12.44 lakhs per annum in 2016.

The highest domestic salary stood at Rs. 21 Lakhs per annum. The median annual compensation stood at Rs. 13.02 Lakhs per annum. The average compensation for the top 50% of the batch stood at Rs. 15.47 Lakhs per annum. The median compensation for the top 50% of the batch stood at Rs. 14.84 Lakhs per annum

Top recruiters
The Final Recruitment process saw participation from 102 recruiters with number of new recruiters. Major recruiters like CBC, Deloitte, PwC, TCS, Godrej, Tata Steel, L&T, SBI Group, Maruti Suzuki, Bluestar, ICRA, Emami, Bajaj Auto and Idea strengthened their relationship with XIMB.

New bonds were formed with corporates like Axis Bank, GMR, MRF, Mu Sigma, IOCL, Hero Motocorp, VMware, Religare, Standard Chartered Global Business Services to name a few – a testament to the growing brand equity of the institute. The profiles offered varied in their diversity, encompassing Corporate Finance, Risk Management, Strategic Consulting, Equity Research, Marketing, Sales and Distribution, Supply Chain Management, Customer Relations, Business Consulting, IT Consulting and Business Development.

Domain wise Placement
Marketing
The Marketing area lived up to its ever-rising expectations with recruiters like L'Oréal, Nestle, Bajaj Auto, Tata Steel, UHG, Maruti Suzuki, Times Group, HSIL, Idea Cellular, BPCL, Vedanta and many more, making their presence felt by recruiting almost 35% of the batch.

Consulting
The Consulting area also continued its constant growth with 30% of the students having forayed into this field, demonstrating the rich consulting acumen of the students of XIMB. Deloitte, PwC, Cognizant Business Consulting, Ernst & Young, TCS, IBM, Tiger Analytics etc. were some of the major recruiters offering roles in Business Consulting.

Finance
In the Finance domain, profitable jobs were offered to the students by major financial corporates like Axis Bank, ICICI Bank, HDFC, CRISIL, ICRA, HSBC IB, Royal Bank of Scotland, HSBC Analytics, Tata Capital, IIFL, DCB Bank, SBI Group, Standard Chartered Global Business Services and many more, resonating the strong belief of the industry in the financial intellect of the students of XIMB by taking 15% of the students.

Systems/IT sector
The Systems sector, notwithstanding an industry wise shortfall in hiring this year had some of the major IT behemoths absorbing almost 14% of the batch. Major recruiters like HP Enterprise, HCL Technologies, Wipro, Accenture Technology Services, Capgemini, Mindtree, Mahindra Comviva, Infosys etc. offered diversified roles in the IT sector to the young talent of XIMB.

General Management, Strategy and Operations areas also witnessed a growth in recruitments. Renowned conglomerates like Godrej, Larsen & Toubro, GMR and companies like RBS, TASL, Tata Steel, Sarda Group and Total Oil offered lucrative profiles.

The institute has been instrumental in enabling the students achieve their career goals with competitive salaries and rich job profiles for a successful career path in the future. Carrying forward its rich legacy of producing young and dynamic business leaders, a testimony to which is the alumni of XIMB who are playing key roles in leading corporates.

Number of students placed

360

Total number of recruiters

102

Average salary

Rs.13.18 lakhs

Highest domestic salary

Rs.21 lakhs

XIMB has established itself as one of the premier B schools of the country, attracting and encouraging the top talent having best of both - business acumen and thought leadership. It has always been a name to reckon with when it comes to fostering talent for the ever-dynamic business world. Matching the aspirations of this elite pool with the distinguished organizations of their dreams is one of the achievements, XIMB has always been proud of. Continuing with this grand heritage, the institute has scaled to even greater heights as witnessed during this year's final placement process, Xuberance '17.

XIMB has been successfully able to carry forward its rich legacy of producing young and dynamic business leaders, a testimony to which are the alumni of XIMB who are playing major roles in leading corporates. With 100% placements, the institute has helped all its students realize their true potential.

Xavier Institute of Management, Bhubaneswar (XIMB) was established 28 years ago. XIMB is now counted among the leading management institutions in the country. XIMB has been awarded A*** grading by CRISIL. The B school offers 2 years full time MBA; MBA in Human Resource Management (MBA-HRM) and MBA in Rural Management (MBA-RM). 

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