· The highest number of offers were in the consulting cohort – 127 offers from firms like BCG, Bain, Accenture Strategy amongst others at XLRI
· The highest stipend stood at INR 3.4 Lakhs per month in the BFSI sector
· Average stipend for top 10 percentile and top 25 percentile stood at INR 1,82,000 and INR 1,63,500 per month
12 th October 2021: Prof.A.Kanagaraj, Chairperson, Placements at XLRI -Xavier School of
Management commented, “We have had another astoundingly successful summer placement season at XLRI,
which has shattered all its previous records. In the current phase of economic resurgence, XLRI has outshined
as a beacon, with the Summer Internship Placements getting completed within 2 days – a testament to the quality
of budding business leaders that XLRI has to offer to the industry at large. We are extremely grateful to all the
reputed organizations for recruiting their next-generation of business leaders from XLRI, and to the faculty,
staff, and students for their continued support in this eventful journey”
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XLRI – Xavier School of Management, amongst India’s premier B-Schools, announces the completion of
its Summer Internship Placement Process (SIP) for its largest-ever class of 470 students (2021-23 batch) of
the Business Management and Human Resource Management programs across both XLRI Jamshedpur and
Delhi-NCR campuses. The highest stipend offered was INR 6.8 lakhs for two months in the BFSI Sector.
Even amidst the pandemic, XLRI saw the median stipend for the entire batch rise to INR 1.27 Lakhs per month,
while the average stipend offered was INR 1.28 Lakhs per month. This is an increase of over 16% and 5% over
the previous year.
The top recruiters in terms of the number of offers made were Amazon, The Boston Consulting Group, Bain and
Company, Accenture Strategy, Pricewaterhouse Coopers, Deloitte, Aditya Birla Group, and HUL. The average
monthly stipend for the top 10 percentile students was INR 1,82,000 per month, while for top 25 percentile
students the stipend stood at INR 1,63,500 per month.
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Request NowThe top segments based on roles offered were Consulting, Sales & Marketing, and BFSI. Consulting and
Advisory firms extended offers to around 25% of the batch while IT and e-Commerce firms recruited 22% of the
batch. FMCGs recruited 17% of the batch while BFSI recruited a select 10% of the batch for some of their most
coveted roles.
Sector-wise Turnouts:
The top segments based on roles offered were Consulting and Advisory, Sales & Marketing, and Finance. Other
roles included functions in Product Management, Business Development, Brand Management, Analytics, and
Strategy. Organizations from a wide spectrum of sectors participated in the process, including FMCGs,
Consulting, Pharma, IT and e-commerce, Government Agencies, and telecom.
Human Resources:
XLRI is widely regarded as the best institution in the country for its Human Resource program. These
credentials were endorsed by the sheer number of recruiters who offered HR roles across domains. Top-tier
firms such as P&G, HUL, Nestle, Colgate-Palmolive, Reckitt, Coca-Cola, Asian Paints, Mondelez, Johnson &
Johnson, Citi, JPMC, Walmart, ITC, Mars, Aon, Vedanta, RPG, and Tata Group. Firms offered roles across a
variety of HR functions like Learning and Development, Talent Acquisition, HR Consulting, and HR Analytics.
Analytics & Consulting:
XLRI has grown into a significant talent source for Consulting firms as some of the top names in Consulting
have chosen XLRI as their preferred campus. The Boston Consulting Group, Bain & Co., Accenture Strategy
made their highest number of offers ever in XLRI. This year’s process also witnessed participation from Alvarez
and Marsal, Kearney, Aon, Everest Consulting, and FinIQ Consulting.
FMCG:
XLRI has established itself as a campus preferred by FMCGs, and the trend continued this year with top firms
such as P&G, Hindustan Unilever, ITC, Colgate Palmolive, Reckitt, Nestle, Mondelez, Asian Paints, Samsung
Electronics, Mars, amongst others, are participating in the process. Top firms in alcoholic beverages like AB
InBev, Beam Suntory, and Pernod Ricard recruited in good numbers. Roles in Strategy, Sales & Marketing,
Product Supply, Operations, IT, and Human Resources were offered.
BFSI:
Finance did exceedingly well this year, aided by the participation of firms such as J.P Morgan Chase, Goldman
Sachs, Standard Chartered, Citi Bank, Axis Capital, Axis Bank, Natwest Group, ICICI, Arga, and others. The
roles offered in this domain were Front-end Investment Banking, Markets, Corporate Banking, Wealth
Management, Equity Research, and Retail Banking. Regular recruiters like Bajaj FinServ, Edelweiss Tokio Life
Insurance participated in the process along with firms like Mastercard, Intellect Design Arena amongst others.
General Management:
General Management roles were offered by conglomerates like TAS, Mahindra, Reliance, Adani, Aditya Birla
Group, RPG, Capgemini ELITE amongst others.
Manufacturing, Industry, and Automotive:
There was strong participation from the automotive sector such as Bajaj Auto along with strong participation
from firms like Vedanta, JSW, and manufacturing firms like Tata Steel and Wonder Cement recruiting from
XLRI.
Healthcare and Pharma:
We witnessed the most extensive participation from the Healthcare and Pharma sector ever in the process, with
new recruiters like Sanofi, Novozymes offering roles on the campus. Regular recruiters like Johnson & Johnson,
AstraZeneca, Dr. Reddy’s Laboratories, Cipla, Sun Pharma offered roles in Sales and Marketing, Supply Chain,
Finance, IT, and HR.
IT/ITeS, E-commerce, and Startups:
There was great participation from e-Commerce firms with Amazon making the highest 43 offers on-campus
across both Amazon and AWS across multiple roles, followed closely by Flipkart, Myntra, Udaan, and Meesho
recruiting students from XLRI.
XLRI has proven to be the preferred campus by recruiters for Product Management roles, with IT giants like
Microsoft, Google, Amazon, Media.net, Walmart Global Tech visiting XLRI with their prestigious Product
Manager and Program Manager roles.
The placement was successfully coordinated by the placement committee of XLRI which includes Vrishank,
Abhinav, Ankita, Appoorva, Harsh, Manju, Mansi, Rishabh, Ruchi, Saanchi, Saba, Sanjeet, Sagar, Vidushi.
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