Some of the coveted recruiters at XLRI this year were McKinsey, Accenture Business Consulting, KPMG, HSBC, Deutsche Bank, Citibank, Standard Chartered, P&G, Nokia, Nestle, Colgate-Palmolive, Cadbury’s and Pepsi.
The highest domestic salary offered was Rs 16 lakh per annum – while the lowest wasn’t so lowly after all, at Rs 8.6 lakh! There were 10 foreign offers; the average international offer was $ 85,000, while the highest was $100,000. These placement details were shared first with MBAUniverse.com.
A buoyant Prof Uday Damodaran, chairperson, Placement Committee, XLRI, said, “For us at XLRI, the metric of success is not the speed at which students were picked up -- which was phenomenal -- but the fact that each student got exactly the job profile that he/she was looking for.”
Consulting majors made a beeline for XLRI -- making 24 % of the offers. McKinsey led the consulting bandwagon while Hewitt was the top recruiter with 18 offers, followed by Accenture Business Consulting with 8 offers. E&Y, KPMG, Stern Stewart, Mercer and first timers TSMG were the other consulting firms that recruited from XLRI.
According to XLRI placement data, the finance sector made 30 % of the offers. Job profiles ranged from treasury sales, investment banking, risk management to equity research, equity sales, credit rating and private equity. Major recruiters in this sector were Goldman Sachs (which made 9 offers), JPMC, Rabo Bank, CitiFinancial, ICRA, L&T, Adventity, and ICICI Prudential. The banking sector was also there in full force -- represented by HSBC, Deutsche Bank, Citibank, Standard Chartered and UTI.
The FMCG sector had recruiters like P&G, ITC, Asian Paints, HLL (now HUL), Nokia, Marico, Nestle, Colgate-Palmolive, Cadbury’s, Pepsi, ICI Paints and Reckitt Benckiser pitching in with their offers: around 20% offers came from this sector. Raymond’s, RPG and Reliance Retail offered jobs in retailing.
The ‘General Management & Strategy’ sector was represented by companies like TAS, Novartis, ABG and Dr Reddy's, while IT sector recruiters included CTS, Motorola, HP, IBM, TechMahindra and HCL. Arcelor Mittal Steel was also seen on campus, busy recruiting.
