XIMB Placement ‘Xuberance’ 2023: Completes 100% Placement; Average salary Up; Consulting Emerges Top Recruiting Sector Bain & Co., Mckinsey, Microsoft, CRISIL, EY hire Big

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Amit Agnihotri
Columnist & Author, MBAUniverse.com
Updated on March 30, 2023
MBA Placement 2023 season at Xavier Institute of Management (XIMB) for its large 35th MBA batch, has been successfully completed with 100% placement that has surpassed last year average salary. Consulting emerged as top recruiting sector in XIMB Placement 2023. Top recruiters included Bain & Co., Mckinsey, Microsoft, CRISIL, Goldman Sachs, Deloitte, Accenture, Cognizant, ITC, EY, Wipro among others
XIMB placement 2023

Xavier Institute of Management, Bhubaneswar (XIMB) has completed 100% placement for its MBA 2021-23 batch with average salary surpassing last year. Xuberance’23, the MBA Placement 2023 season for the 35th MBA batch of 356 students at Xavier Institute of Management, Bhubaneswar (XIMB), has successfully concluded with high average, median and maximum salary packages. Despite the ever-increasing competition, the students have performed admirably, garnering roles from numerous premier organizations. Placement 2023 at XIMB witnessed 71 recruiters making more offers across the domains.

The highest number of students were hired in the consulting sector, followed by, Systems, BFSI, Marketing, General Management, Strategy and Operations. Profiles offered included Risk Management, Strategic Consulting, corporate planning, corporate Finance, Equity Research, Market Analyst, Marketing, Sales & Distribution, Product Management, Supply chain management, Business Counsulting, Business Transformation and Strategy, IT consulting, and Business Development.

Xavier Institute of Management, XIM University offers MBA-BM program, which is the flagship program of XIM University. Other programmes offered at XIM University include MBA-HRM, MBA-RM, MBA-SM and others. The variety of programs offering has made XIM a happy hunting ground for the recruiters over the years.

XIMB MBA Admission 2023 Open: Apply Now

XIMB Placement 2023: Key Highlights
XIMB has witnessed commendable run of Xuberance’23 for the MBA-BM batch of 2021-2023. The Placement highlights are:

  • 100% Placements Achieved
  • The Highest Domestic Salary in Placement 2023 goes up by 122% at Rs.71.50 LPA from Rs.32.21 LPA last year
  • The Average Salary goes up by 14% at Rs.20.03 LPA in placement 2023 from Rs.17.54 LPA last year
  • The Median Salary goes up by 12.57% at Rs.19.25 LPA in Placement 2023 from Rs.17.10 LPA last year
  • Batch of 356 Students participated in the placement process
  • All the students got placements from top recruiters
  • 71 companies participated in Xuberance ’23 and made placement offers
  • 26 were new recruiters
  • 111 students received PPOs in Placements 2023
  • 12 students got placement offers from corporate case study competitions done by
    Titan – Elevate and Tata Steel – Steel-a-thon.
  • Top Recruiters included Bain & Co, Mckinsey, Microsoft, CRISIL, GE Healthcare, Reliance Jio, Loreal, Goldman Sachs, ICICI Bank, Schneider Electric, Deloitte, TATA Steel, Accenture, Cognizant, Nestle, ITC, Titan, Wipro, IBM, EY, Capgemini, Kotak Mahindra among others

XIMB Placements 2023 at a Glance
The infographics below share the XIMB Placement 2023 data at a glance with placements, sectoral placement, stream wise salary details among other details


XIMB MBA Admission 2023 Open: Apply Now

71 Top Recruiters
Industry leaders in each space strengthened their bond with the institute. Out of the total 71 marquee companies, 26 new companies participated in XIMB Placements 2023. Some of the leading organizations that partnered with the institute include Industry Leaders like Bain & Co., Mckinsey & Co., Microsoft, CRISIL, GE Healthcare, Perfetti Van Melle, Reliance Jio, Loreal, Goldman Sachs, Asian Paints, ICICI Bank,, Tiger Analytics, Schneider Electric, Deloitte, Natwest Group, TATA Steel, Accenture Tech Consulting, Cognizant, Nestle, ITC, Titan, Wipro, IBM, Bank Of America, EY, Becton Dickinson, ABCL, Avasant, UHG Optum, Phable, Emami, Ultratech, Capgemini, Kotak Mahindra and many more.

111 PPOs
From their summer internship organizations, 111 XIMB students have been extended PPO/PPIs in Placement 2023.

Sectoral Placements: 29% Placed in Consulting
Highest number of offers were made in the Consulting sector (29%), which was followed by Systems (12%), BFSI (27%), Marketing (27%), and General management, Strategy & Operations (5%).

Roles & Profiles Offered
Roles and Profiles offered included Product Management, Corporate Investment Banking, Portfolio Manager, Credit Analyst, Risk Management, In-Stock Specialist, Strategic, Consulting, Corporate Planning, Corporate Finance, Equity Research, Market Analyst, Marketing, Area Manager, Retail Vendor, Manager, Supply Chain Planning, Business Consulting, Business Transformation and Strategy, IT Consulting, and Business Development.

Announcing the completion of 100% placements, XIM University Bhubaneswar stated, “We are glad to announce that all the students of the MBA- Business Management (Batch of 2021-23) have been successfully placed. It's very impressive, as the average compensation should surpass the last year’s average, after successfully placing all students.”

XIM School of Human Resource Management: MBA HRM 2023 Placements
School of Human Resource Management at Xavier University Bhubaneswar has also completed 100% final placements for MBA (HRM) batch of 2021-23 with an average salary of Rs.16.64 LPA (YoY increase of 11%). An array of impressive roles were offered in the area of Talent Acquisition, HR Advisory, Learning and Development, HR Business Partnering, HR Analytics, Industrial Relations, Compensation and Benefits and more.

XIM University MBA (HRM) Placements 2023: Key Highlights

  • 100% placements completed
  • The highest domestic salary stood at Rs. 32.21 Lakhs per annum.
  • The average annual compensation stood at Rs. 16.64 Lakhs per annum which is a
  • growth of 10% over the last year.
  • The median annual compensation stood at Rs. 16 Lakhs per annum, an increase of
  • 6% over the last year.
  • Xuberance’23 saw the MBA (HRM) batch of 124 students participating in the placement process 42 companies were hosted in Xuberance’23 of which 20 were new recruiters
  • 47 students have been extended PPOs from their summer internship organizations
  • which is a record 161% growth in number of PPOs offered from the previous year
  • and the highest historically.
  • 8 students have got placement offers from corporate case study competitions by Tata
  • Steel-a-thon, Infosys Ingenious, MI Summit & Capgemini Work-a-thon.

XIM MBA HRM Placements 2023 at a glance
Below is shared the key highlights of MBA HRM Placements 2023 at a glance


XIMB MBA Admission 2023 Open: Apply Now

MBA-HRM: Top Recruiters
Students of the batch bagged offers from some of the biggest organizations in the country where the institute had the privilege to host and strengthen their bond with several companies such as Deloitte, Cognizant, GAIL, BPCL, Maruti Suzuki, Mahindra & Mahindra, Fullerton India, Adani, ICICI Bank, Capgemini, Salesforce, Titan, HSBC, Wipro, Accenture, EY, ABCL, Vedanta, ICICI Securities, Tata Capital, TATA Steel, Ultratech, Rustomjee, and many more.

Established in the year 1987, XIMB is a premium B-school in the country with a rich legacy of grooming the leaders of tomorrow. The two-year flagship Business Management program has consistently been ranked as one of the best business curriculums in the country. XIMB plays an important role in the alignment of student aspirations with the right fit of elite organizations in the industry. XIMB is now counted among the leading management institutions in the country. XIMB has been awarded A*** grading by CRISIL and is ranked # 35 by Govt of India MHRD NIRF Ranking 2022 among top 125 B-schools.

XIMB MBA Admission 2023 Open: Apply Now

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