XIMB completes its final placements 2008

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Updated on July 28, 2016
Xuberance 2008, the annual Campus Recruitment Program of XIM, Bhubaneswar was completed recently, where XIMB placed both the PGDM and PGDM (RM) batches of the Class of 2008 on Day 1 itself.

Some of the leading recruiters included JP Morgan Chase, HSBC Bank, SEBI, Barclays Bank PLC, Vodafone and Deloitte Consulting.  

According to XIMB, for the PGDM programme, the number of PPO/PPIs offers was 32. There were a total of 4 international offers made and the highest offer of $85,000 was made by Olam International.  

The highest domestic offer of Rs. 16.5 lakhs per annum was made by JP Morgan Chase. The average salary saw a considerable hike by 15% to Rs. 10.12 lakhs per annum. This was a 100% increase in salary over the last three years. The mean domestic salary figures were an impressive Rs. 9.56 lakhs per annum whereas the median for the same stood at Rs. 9.5 lakhs per annum.  

In the case of the PGDM batch, out of the more than 100 companies that had evinced interest to participate in the Placement process, 75 were slotted out of which 62 companies recruited before the end of the placement process. A total of 248 offers were made to a batch of 118 students which leads to an average of 2.1 offers per student.  

Along with the regular recruiters such as JP Morgan Chase, Olam International, ICICI Bank, TCS, PriceWaterHouse Coopers and Marico, the campus saw a jump in the number of new recruiters with as many as 25 new companies visiting the campus for the first time. Among the new companies were Mediacom, HSBC Bank, Irevna, SEBI, Verizon, Aptivaa Consulting, Barclays Bank PLC, Vodafone, RPG, Glenmark Pharma, Deutsche Bank, Hindustan Times, Hewitt Associates, Deloitte Consulting and many more. The breadth of profiles offered to the students included as diverse as Treasury Management, SCM consulting, Risk Management and Investment Banking, Wealth Management and Corporate Banking. 

Finance proved to be the major draw this year with 35 % of the batch signing out with offers from Banks and other financial institutions. Among the many finance majors which visited the campus were Deutsche Bank, Barclays Bank PLC, HSBC, SEBI, Axis Bank, Irevna, ICICI Bank and SBI Caps. The highest offer went up to Rs.16.5 lakhs per annum, which was offered by JP Morgan Chase. 

In the IT/ITES sector, apart from the regular recruiters like TCS, Wipro , Infosys, and Cognizant Technologies, this year saw the advent of several new recruiters like Verizon, Barclays Technology Services and WNS Global. The highest salary on offer in this sector was Rs.12 lakhs per annum.  

The Marketing area saw new companies like Vodafone, RPG Cellular, Mediacom, HT media and the Trident group apart from the FMCG regulars like Marico and Godrej. The highest salaries in the FMCG and Media sector were Rs. 10.5 lakhs per annum and Rs. 11.5 lakhs per annum respectively.                       

The HR and consulting scene looked bright with companies like Hewitt Associates, Deloitte & Touche sharing space alongside the regular recruiters like Ernst & Young, Tata Group HR, Grow Talent and PriceWaterHouse Coopers. The salaries in this area were as high as Rs. 13 lakhs per annum.                  

In the case of the PGDM (RM) batch, 18 companies visited the campus and made a total of 75 offers to a batch of 61 students which works out to 1.23 offers per student. There were a number of new recruiters like IMRB international, Research International, Reliance Life Insurance, ICICI Lombard, IOCL and IFMR (CDF) in addition to regulars like Amul, Monsanto, SKS Microfinance and HDFC Bank. The profiles offered stretched across the areas of Agribusiness, Banking and Insurance, Development & Microfinance and Research. On many occasions the profiles offered to the candidates were developed and designed mutually by the recruiter and the candidate. This resulted in many challenging and enriching profiles being on offer. 

The highest salary offered was Rs.8.50 lakhs per annum while the average salary stood at Rs. 6.01 lakhs per annum which was an 18 % increase over last year. The median salary was Rs. 5.85 lakhs with 45 % of the batch securing a salary higher than Rs. 6 lakhs per annum.