Another consecutive year of 100% placement at Xavier Institute of Management (XIMB), Xavier University Bhubaneshwar (XUB) is the testimony of students’ mettle of this B-school. Placement 2016 at XIMB witnessed not only higher salaries but more recruiters making more offers across the domains.
XIMB has again achieved 100% placement for its current outgoing MBA batch 2014-16 and continuing with the tradition of high placements, the institute has scaled even greater heights as witnessed during this year's final placement process for XIMB, Xuberance '16. According to XIMB ‘Despite the prevalent ever-increasing competition, the students have performed admirably, garnering roles from numerous premier organizations. With increased pool of students, the industry has yet again reaffirmed its faith in our students by offering diverse profiles and niche roles’.
Placement 2016 at XIMB for all the 3 MBA programmes namely MBA-BM, MBA-HRM and MBA-RM has been spectacular. XIMB students have grabbed higher compensation packages. The highest domestic salary in placement 2016 at XIMB for flagship MBA and for MBA-HRM stood at Rs.20 lakhs and Rs.19 lakhs respectively while it was Rs.11.38 lakhs for MBA-RM.
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 2016 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 2016
XIMB has a consistent record of high placements. The placement season 2016 was no exception to this achievement. Entire placement 2016 process at XIMB was well managed by the Placement Committee at the B school.
Batch size: 511 students placed
Apart from 341 students in its flagship MBA batch 2014-16, XIMB students pursuing other MBA programmes have also achieved 100% placement. 89 students of MBA-Human Resource Management batch 2014-16 and another 81 pursuing MBA-Rural Management 2014-16 who participated in placement ‘Xuberance 2016’ at XIMB have been offered placement by more recruiters. In all 511 students pursuing MBA 2014-16 at XIMB and seeking campus placement have been placed in placement 2016. All the 511 students seeking placement got suitable offers and the placement 2016 process at XIMB is over.
158 recruiters include 97 new ones
The Final Recruitment process saw participation from 158 recruiters inclusive of 97 new recruiters with more offers. There were 89 recruiters including 59 new companies for flagship MBA-BM 2014-16 batch. 44 recruiters with 25 new recruiters made more offers to MBA-HRM students and 25 recruiters including 13 new recruiters made offers to MBA-RM students in placement 2016 at XIMB.
There has been a significant rise in number of recruiters during the placement 2016 season at XIMB. Total number of recruiters including new recruiters has gone up to 158 in placement 2016 from 120 in placement 2015. Number of new recruiters has also gone up to 97 in placement 2016 from 55 in placement 2015.
Average Salary up
Beating the slowdown in placement offers, the placement season 2015 at XIMB saw a rise in average salary to Rs.12.44 lakhs per annum for flagship MBA programme. The average compensation package for MBA-HRM stood at Rs.11.50 lakhs and for MBA-RM it was Rs.7.21 lakhs showing a rising trend in the job market.
Major recruiters like Amazon, CBC, Deloitte, Arcesium India, KPMG, PwC, TCS, Godrej, Tata Steel, L&T, SBI Capital Markets and Idea strengthened their relationship with XIMB. New bonds were formed with corporates like Maruti Suzuki, Vodafone, Bluestar, Dr. Agarwala Healthcare, ICRA Management Consulting Services, Emamito name a few – a testament to the growing brand equity of this institute. The profiles offered varied in their diversity, encompassing Corporate Finance, Risk Management, Strategic Consulting, Equity Research, Investment Banking, Marketing, Sales and Distribution, Supply Chain Management, Customer Relations, Business Consulting, IT Consulting and Business Development.
Major Corporates like Aditya Birla HR Leadership Program, HCCBPL, GAIL, Tata Steel, ICICI bank, ACG Worldwide, ITC InfoTech, L&T, Godrej & Boyce, Vedanta, Mindtree, SBI Group, Bajaj Auto,DE Shaw, Deloitte Consulting were among the top recruiters of the 2014-16 batch of MBA (HRM).
The Industrial Relations area lived up to its ever rising expectations with prominent recruiters like Aditya Birla Group, GAIL, Tata Steel, Vedanta, and many more extending offers to the students. Corporate HR roles were offered by leading organizations like HCCBPL, ICICI Bank, Wipro, Garware Wall Ropes and many more.
The placement season witnessed participation of companies cutting across all the established major sectors of Consulting, Financial Inclusion, Development, FMCG, Agri-input, and Banking & Financial Services Institutions.
MBA-RM from the School of Rural Management, XIMB-XUB has become a sought after destination for recruiters from the banking and financial services sector. Various banks like Axis Bank and ICICI Bank attracted the best of financial minds
Organizations like Janalakshmi Financial Services and Ujjivan Financial Services which have received in-principle banking licences from the Reserve Bank of India also rolled significant number of offers. This sector also saw recruiters like Satin Credit Care and Fincare.
Domain wise Placement
The Consulting area continued its constant growth and supremacy, 26%of the students forayed into this field, demonstrating the rich consulting acumen of the students of XIMB. Deloitte, PwC, KPMG,Cognizant Business Consulting, TCS, IMACS, IBM etc. were some of the major recruiters offering roles in Business Consulting.
The consulting sector saw organizations like Price Waterhouse Coopers, NABARD Consulting Services, Deloitte, Sambodhi Research and Communication and Microsave rolling out offers for multiple roles to both freshers and laterals. The highest package at 11.38 LPA was offered by IFMR Capital, one of the new recruiters for Xuberance 2016.
The Marketing area lived up to its ever rising expectations with recruiters like Amazon, Maruti Suzuki, Tata Steel, Spencer’s,SAB Miller, Idea Cellular,Vedanta, Bajaj Auto and many more, making their presence felt by recruiting 24%of the batch.
In the Finance stream, profitable jobs were offered to the students by major financial corporates like Arcesium India, HDFC,CRISIL, ICRA, Royal Bank of Scotland, Tata Capital, IIFL, SBI Group and many more,resonating the strong belief of the industry in the financial intellect of the students of XIMB.
The Systems sector was the most eminent, with the major IT behemoths absorbing almost 35%of the batch. Major recruiters like HP, HCL Technologies, Wipro, Accenture Technology Services,Capgemini,Infosys etc. offered diversified roles in the IT sector to the young thought leaders of XIMB.
General Management, Strategy and Operations also witnessed a growth in recruitments. Renowned conglomerates like Godrej, Larsen & Toubro and companies likeRBS, Tata Steel, TASL and TataInteractive Servicesoffered lucrative profiles to the young and dynamic managers of XIMB.
In the FMCG sector, Cavin Kare & GCMMF (AMUL) and agri input companies like United Phospates Limited rolled out offers in sales and marketing profiles. A significant number of students also opted to work in grassroots organizations and development sector companies like Rajeevika, Care India, and Jharkhand State Livelihoods Promotion Society. A whole new sector of CSR was added to our profile with Piramal Sarvajal.
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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