XLRI Placements 2017: Average salary shoots up to Rs.19.21 LPA; More PPOs with higher salary packages offered

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on April 12, 2017
XLRI Jamshedpur has concluded Placement 2017 with average salary at Rs.19.21 LPA and 121 PPOs in the batch of 359 students
XLRIs unrivalled reputation for its Human Resources Program was clearly visible as the HR students secured excellent job offers across sectors

Placement 2017 at Xavier School of Management (XLRI) has concluded with higher salary packages for its current outgoing batch of 2015-17, the largest batch to ever sit for final placements in the history of XLRI. The Final Recruitment process at XLRI saw more PPOs/PPIs offered by the recruiters to the students.

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.

121 students were offered PPOs (Pre-Placement Offers) from their summer internships this year as against last year when 102 PPOs were offered.

The median salary offered to the batch in Placement 2017 has increased to INR 19 lakhs as against INR 18.00 lakhs last year while the average compensation in Placement 2017 has increased to INR 19.21 from INR 18.5 lakhs last year.

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.

XLRI, Jamshedpur PGDM – Business Management batch has 11.95% female candidates and PGDM-HRM batch has 25.96% female students. The PGDM class 2015-17 has a diverse batch profile with diverse academic back ground and work experience.

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Key Trends in placement 2017
The PGDM-BM and PGDM-HR batches taken together consisted of 359 students. Programme wise batch size for PGDM-BM is 180 students and for PGDM- HRM it is179 students. The programme wise participants in placement, according to XLRI are 238.

Average & Median Salary up
Beating the slowdown in placement offers, the placement season 2017 at XLRI saw a rise in median salary to Rs. 19 lakhs per annum from Rs.18 lakhs per annum in 2016 and Rs.17 lakhs per annum in 2015 showing a rising trend in the job market.

The average salary in placement 2017 at XLRI stood at Rs.19.21 lakhs per annum as against  18.5 lakhs per annum. The highest salary has gone up to Rs.43 lakhs per annum.

The average salary in the Marketing domain is Rs. 21.8 lakhs and in operations it is Rs. 26.5 lakhs. The number of offers with a salary above Rs. 25 lakhs have gone up by 18%. Over last year a rise of 17% is there in new roles in campus placement 2017 at XLRI.

More PPOs
Pre placement offers (PPOs) also saw a rise in placement 2017 over 2016, 2015 and 2014 as shared below-

XLRI Placement year

PPOs

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.

Top Recruiters: Placement 2017
Top recruiters at XLRI Placement 2017 include Amazon BOLD, Uber, PayTM JPMC, Goldman Sachs, Avendus Capital, HUL, P&G, ITC, Mondelez, Nestle, Reckitt Benckiser, Coca Cola, PepsiCo, Asian Paints, Colgate Palmolive, AB InBev, The Boston Consulting Group, McKinsey & Co., Accenture Strategy, Directi, HCL, Tata Sons Group (TAS), Aditya Birla Group, Mahindra & Mahindra, Reliance Industries, Lodha group, Future group, RPG among others.

Sector-wise Placement
Consulting
Reputed Management Consulting firms such as The Boston Consulting Group, McKinsey & Co., Accenture Strategy have continued to recruit students from XLRI. This year, XLRI has also seen an increased participation from industry majors such as Deloitte, Ernst & Young, Everest Group, Gallup, KPMG, Price Waterhouse Coopers, Infosys Global Consulting, Capgemini Consulting, Cognizant Business Consulting, Positive Moves and Zensar.

Marketing and Media
Sales and Marketing opportunities offered by the FMCG sector have contributed to establishing XLRI as one of the most preferred recruitment destinations over the years. This year, was no different with industry majors like HUL, P&G, ITC, Mondelez, Nestle, Reckitt Benckiser, Coca Cola, PepsiCo, Asian Paints, Colgate Palmolive, AB InBev, Heinz, GSK CH, HCCB among others opening up roles in the Sales and Marketing space. The media sector too made its presence felt this Placement season, with Star TV and Bennett Coleman & Co. Ltd opening up multiple roles on campus.

Technology
XLRI, this year has seen a huge increase in the number of technology management roles being offered on campus. Few of the firms that have recruited in this space include Uber, Directi, HCL, Capgemini, Infosys, Accenture, Tech Mahindra, Tata Sky and IBM among others.

General Management
XLRI, with its students specializing in both the Human Resource and Business Management functions, continued to see reputed conglomerates such as Tata Sons Group (TAS), Aditya Birla Group, Mahindra & Mahindra, Reliance Industries, Lodha group, Future group, RPG among others recruiting students in good numbers for their General Management roles.

Human Resources
Human Resources and Industrial Relations has for the longest time now been an immensely renowned degree offered by XLRI with most number of CHROs in the corporate space being its alumni. XLRI prides itself in the breadth of HR roles it brings on campus, spanning the FMCG, BFSI, Technology, Consulting sectors.

Finance
In continuation with the positive growth of offers from the Financial space, that has been observed during the Summer Placements earlier in the year, XLRI has seen offers made by reputed firms in the financial sector. Students picked up PPOs from Investment banking roles offered by JPMC, Goldman Sachs and Avendus Capital. Recruiters from the BFSI space also include Citibank, Development Bank of Singapore, ICICI Bank, Yes Bank among others.

ICICI Bank was the largest recruiter in this space. Students were also offered the wealth management role by Avendus Capital and Kotak Mahindra Bank. Other companies also visited campus offering PE, VC and IB roles.

Operations
The Operations space at XLRI this year has been a major bright spot, with some of the best roles in this domain being offered on campus. Amazon BOLD, Uber, PayTM, Cloudtail, Rivigo are among the firms to have made offers to students this year.

XLRI Placement 2017: Highlights

• Total Number of PPOs received: 121 for a batch of 359, a significant increase in
PPOs over last year
• The median salary offered to the batch is INR 19.00 lakhs per annum while the
average is INR 19.21 lakhs. Both these figures have shot up over last year
• Average CTC in the Marketing Space: 21.8 lpa
• Average CTC in the operations Space: 26.5 lpa
• Number of offers with a CTC greater than 25 lpa up by 18%
• Number of new roles opened up on campus see a rise of 17% over last year
• 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

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.

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