Bhubaneswar: XIMB has established itself as one of the premier B schools of the country, attracting and encouraging the top talent having best of both – business acumen and thought leadership. Continuing with this grand heritage, the institute has scaled to even greater heights as witnessed during this year’s final placement process, Xuberance ’17.
XIMB announced the successful completion of Xuberance’17 with 100% placements for the MBA (BM) batch of 2015-2017. Despite the ever-increasing competition, the students have performed admirably, garnering roles from numerous premier organizations. Xuberance ‘17 saw the batch of 360 candidates, participating in the placement process. 102 companies participated in Xuberance ‘17 of which 60 were new recruiters. The placement session saw more than 50% increment in the number of recruiters.
The highest domestic salary stood at Rs. 21 Lakhs per annum. The average annual compensation stood at Rs. 13.18 Lakhs per annum. The median annual compensation stood at Rs. 13.02 Lakhs per annum. The average compensation for the top 50% of the batch stood at Rs. 15.47 Lakhs per annum. The median compensation for the top 50% of the batch stood at Rs. 14.84 Lakhs per annum.
Major recruiters like CBC, Deloitte, PwC, TCS, Godrej, Tata Steel, L&T, SBI Group, Maruti Suzuki, Bluestar, ICRA, Emami, Bajaj Auto and Idea strengthened their relationship with XIMB. New bonds were formed with corporates like Axis Bank, GMR, MRF, Mu Sigma, IOCL, Hero Motocorp, VMware, Religare, Standard Chartered Global Business Services to name a few – a testament to the growing brand equity of the institute. The profiles offered varied in their diversity, encompassing Corporate Finance, Risk Management, Strategic Consulting, Equity Research, Marketing, Sales and Distribution, Supply Chain Management, Customer Relations, Business Consulting, IT Consulting and Business Development.
The Marketing area lived up to its ever-rising expectations with recruiters like L’Oréal, Nestle, Bajaj Auto, Tata Steel, UHG, Maruti Suzuki, Times Group, HSIL, Idea Cellular, BPCL, Vedanta and many more, making their presence felt by recruiting almost 35% of the batch.
The Consulting area also continued its constant growth with 30% of the students having forayed into this field, demonstrating the rich consulting acumen of the students of XIMB. Deloitte, PwC, Cognizant Business Consulting, Ernst & Young, TCS, IBM, Tiger Analytics etc. were some of the major recruiters offering roles in Business Consulting.
In the Finance domain, profitable jobs were offered to the students by major financial corporates like Axis Bank, ICICI Bank, HDFC, CRISIL, ICRA, HSBC IB, Royal Bank of Scotland, HSBC Analytics, Tata Capital, IIFL, DCB Bank, SBI Group, Standard Chartered Global Business Services and many more, resonating the strong belief of the industry in the financial intellect of the students of XIMB by taking 15% of the students.
In the MBA (Human Resource Management) 2015-17, the institute proudly announced yet another exemplary year of placements. Xuberance’17 saw the batch of 120 candidates, participating in the placement process while 52 companies participated in Xuberance’17, out of which 29 were new recruiters. The highest domestic salary stood at Rs. 19.75 Lakhs per annum. The average annual compensation stood at Rs. 12.39 Lakhs per annum. The median annual compensation stood at Rs. 11.93 Lakhs per annum.