PINAKI MAJUMDAR
Jamshedpur, Feb 8: XLRI has successfully achieved 100 per cent placements for the outgoing batch of 2021-23 for its flagship programs – Two-year Postgraduate Diploma in Management – Human Resource Management and the Two-year Postgraduate Diploma in Management – Business Management with all 463 candidates securing offers through the final recruitment process.
The final placement process was conducted in two stages. The first stage – the Lateral Recruitment Process (LRP) – was conducted over a week in January 2023 where students with prior work experience were interviewed and were offered higher than entry-level positions.
The second stage – the Campus Recruitment Process (CRP) – was conducted on a single day in February 2023 where there was no segregation basis of the work experience.
The process saw participation from 117 recruiters with 484 domestic offers and three international offers, including 30 new recruiters.
These also include pre-placement offers (PPOs) which were offered to 43.8 per cent of the batch on the basis of their performance during their summer internships.
The students from Jamshedpur and Delhi campuses participated in the placement process.
Father S George, director, of XLRI, congratulated and appreciated all the students for this achievement, “We have great students who will take greater responsibility in India Inc. as responsible leaders. We are delighted to announce that XLRI has achieved the feat of 100% placements in a record timeframe this year amidst tough market conditions. We attribute the outstanding placements to an affirmation by the corporate world of the highly relevant management-centric education we strive to deliver to our students year after year. This stellar success is a testimony to our students’ resilient calibre in navigating the industry’s shifting trends and their future journey as young business leaders of tomorrow and eminent faculty who mould, mentor and accompany their journey. We thank all the recruiters who participated and recruited our students.”
The median salary offered to the batch stood at Rs 30 lakhs per annum with the top 10th and 25th percentile averages being Rs 57.7 lakhs and Rs 46.8 lakhs per annum, respectively.
The average salary saw an increase to Rs 32.7 lakhs per annum from Rs 30.7 lakhs per annum in 2022.
The number of new recruiters was 30. The top domains based on the roles offered were Consulting, Sales & Marketing and BFSI
Accenture Strategy, Amazon, Bain and Company, Boston Consulting Group, HUL, ITC, Paytm and PwC made the highest number of offers among the regular recruiters.
Around 43.8 % of the students received Pre-Placement Offers.
