The Hindu Business Line : XLRI graduate gets Rs 28-lakh offer

New Delhi, March 6 Students from Jamshedpur-based XLRI School of Business and Human Resource have notched up various corporate responsibilities in the just-concluded final placements. As many as 298 offers were made for a batch of 180 students.

The highest domestic offer stood at Rs 28 lakh per annum while the highest foreign offer was $90,000. The average domestic salary stood at Rs 14.75 lakh.

Some of the first time recruiters included JM Financial, Barclays, Kotak, 8Capital Hedge Fund, Centrum among others.

At least 31 per cent of the offers were made in domains like finance, private equity, hedge funds investment banking, treasury, commercial banking, relationship management, trading, mergers and acquisition advisory and human relations among others.

Candidates were also offered treasury roles in London, Toronto and Bahrain by various companies.

At least 21 per cent of the students accepted offers in consulting domains which were spread across verticals – strategy, banking and financial services. FMCG companies like Reckitt Benckiser, Cadbury and Pepsi also notched up 23 per cent of the candidates.

International offers were made by TAS, Al Ghanim, Aditya Birla group, Hinduja group, Essar, Murugappa groups. Microsoft, HCL, Infosys, Cognizant, Wipro, and others lead the Technology Sector that offered lateral roles for students with previous experience in handling Information Services.

Prof Uday Damodaran, Chairperson of the Placement Committee, said, “This year, yet again, we at XLRI are happy that we have been able to provide each student with a dream start to his/her career. The quality and diversity of roles that were on offer this year surpassed all previous standards that we had set for ourselves”.

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