XLRI placements done in quick time; no hike in pay package

Our Bureau New Delhi | Updated on February 19, 2014 Published on February 19, 2014

This year’s median salary at the B-school stands at ₹16.5 lakh; last year it was at ₹16.2 lakh.

The final placements at XLRI Jamshedpur wrapped-up in less than four days but has not seen a boost in the salaries offered. This year’s median salary at the B-school stands at ₹16.5 lakh; last year it was at ₹16.2 lakh.

The process saw the participation of 103 recruiters, which included over 32 new recruiters, and 254 offers were made for a batch of 245 students. The PPOs have increased by 25 per cent from 63 last year, to 79 in 2014.

The finance and consulting domain recruited in large numbers with around 50 per cent of the business management students offered roles in BFSI and consulting firms. Some of the top recruiters in the finance domain include BNP Paribas, CRISIL, Development Bank of Singapore, Deutsche Bank, Goldman Sachs, HSBC, JP Morgan Chase, and UBS. ICICI Bank was the largest finance recruiter and HDFC Bank offered roles in its treasury department. Corporate banking roles were offered by Citibank and HSBC among others. Creador, a private equity firm, offered a niche role.

Largest recruiter

Consulting majors who came to recruit include Accenture Strategy, Capgemini Consulting, Cognizant Business Consulting, Deloitte, Ernst & Young, PWC, Boston Consulting Group, and McKinsey & Co.

FMCG giants such as Asian Paints, Coca-Cola, Colgate Palmolive, GSK CH, ITC, Mars, Nestle, P&G, Pepsi, and Unilever offered roles in sales and marketing and HR functions. ITC was the largest recruiter in the FMCG space.

The pharmaceutical and medical sector was represented by Bebitz, Bioxcel, Dr. Reddy’s, Medtronic, Ranbaxy and Sanofi. Bosch, Crompton Greaves, Siemens, Shell and Trident recruited students from the HR batch. Aditya Birla Group, Hinduja Group, Mahindra & Mahindra, Reliance Industries, RPG and TAS offered the coveted general management profiles.

Technology and e-commerce were other highlights with recruiters like Amazon, EXL, Flipkart, Jabong, and Microsoft offering roles in programme management, sales & marketing, HR and operations.

Published on February 19, 2014
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