Wednesday, February 15, 2012

Surge of job offers at XLRI Jamshedpur

Xavier Labour Relations Institute (XLRI), Jamshedpur, has not been impacted by the economic downturn, as reflected in its Final Placement Report for 2012 released on Tuesday. The B-school saw 98 per cent of its students getting placed within the first three days of the placement process.

A total of 284 offers were made to their batch of 235 students. The average domestic salary for the final placement this year was Rs. 16.48 lakh (Rs. 1.648 million). The median domestic salary was Rs. 15.5 lakh (Rs. 1.55 million). The highest domestic salary offered was Rs. 40 lakh (Rs. 4 million) and the highest international offer made stood in excess of $1,25,000.

Among the various disciplines, finance witnessed Goldman Sachs making 12 offers for its asset management and investment research roles. It was the largest recruiter. A leading venture capital firm also participated in the placements, choosing to recruit exclusively at XLRI, according to the report. Other recruiters within the banking and finance sector included Citibank, Edelweiss, ICICI Bank and SBI Capital Markets, among others. Standard Chartered and N M Rothschild’s investment banking division also made offers.

In consulting, multiple offers were made by The Boston Consulting Group and McKinsey and Co. Deloitte Consulting recruited for India as well as US roles for its strategy and operations and human capital divisions. Gallup Consulting was a first-time recruiter at XLRI and offered multiple roles across divisions. KPMG, Ernst and Young, IBM, Hay Group, PwC and PeopleStrong were among the other recruiters.

Airtel was among the largest recruiters, with a total of 12 offers on campus in marketing. Unilever, P&G, Johnson & Johnson, GlaxoSmithKline, Nestle, PepsiCo, Hindustan Coca Cola Beverages, Marico, Britannia, ITC, Kraft Cadbury and Lenovo were among the top names which made their presence felt. In addition, technology companies like Facebook, Amazon, Flipkart and Redbus also recruited from the campus.

Source: Business Standard, February 15, 2012

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