XLRI Jamshedpur and XLRI Delhi NCR have triumphantly secured 100% placements for the graduating class of 2022-24 across their esteemed Two-year PGDM (BM) and Two-year PGDM (HRM) programs, with all 503 students receiving job offers in the Final Recruitment Process. This placement process unfolded in two phases. Initially, the Lateral Recruitment Process (LRP) catered to candidates with prior work experience, offering them positions above the entry level. Subsequently, the Campus Recruitment Process (CRP) was implemented, wherein candidates were considered without regard to their previous work experience. A total of 154 recruiting entities participated, extending 519 domestic and 1 international offer, which included 65 new recruiters. Notably, pre-placement offers (PPOs) were extended to 33.39% of the cohort, reflecting the exceptional performance of these students during their Summer Internships. Candidates from both the Jamshedpur and Delhi NCR campuses were involved in this comprehensive placement endeavour.

Father S George, Director, XLRI congratulated and appreciated all the students for this achievement. He said “We take immense pride in nurturing students poised to assume significant leadership roles within India’s corporate landscape as conscientious leaders. It brings us immense joy to declare that, against the backdrop of challenging market dynamics, XLRI has accomplished 100% placement with resounding success. This remarkable achievement stands as a validation from the corporate sector of the pertinent, management-focused education we consistently offer our students. Such a noteworthy achievement serves as evidence of our students’ robust capacity to adapt to the evolving trends within the industry and their impending roles as the next generation of business leaders. Additionally, it reflects the dedication of our esteemed faculty, who guide, shape, and support their journey. Our heartfelt gratitude goes out to all the recruiting organizations that engaged with and hired our students.”

Key Highlights of XLRI Final Placements 2023:

• The median salary offered to the batch stood at INR 28 lakhs per annum with the top 10th and 25th percentile average being INR 51.66 lakhs and INR 42.98 lakhs per annum, respectively.
• The average salary offered to the batch stood at INR 29.89 lakhs per annum with the highest domestic offer of INR 75 lakhs per annum from the BFSI sector.
• No. of new recruiters: 65
• The top domains based on the roles offered were Consulting, ITES and Sales & Marketing.
• Accenture Strategy, Amazon, Asian Paints, Bajaj Auto, Boston Consulting Group, HCL, HUL, Ola, PwC, Reliance and Tata Steel made the highest number of offers among the regular recruiters.
• 33.39% of the students received Pre-Placement Offers.
• New final recruiters included Air India, Godrej Properties, Ola, Shree Cements, Tata Electronics among others.

Sector-wise Turnout:

The top segments based on roles offered were Consulting, ITES, E-Commerce, Sales & Marketing and General Management. Consulting firms extended offers to 26% of the candidates. ITES, E-Commerce, Sales & Marketing constituted 20% and 17% of the roles offered to the students respectively. Accenture Strategy, BCG, Amazon, Hindustan Unilever, Tata Steel and Bajaj Auto made the highest number of offers. Other top and legacy recruiters include but not limited to Aditya Birla Group, Asian Paints, Bain & Company, ITC, IndigoEdge, JP Morgan Chase & Co., McKinsey, P&G and TAS. New recruiters include Accenture Technology Consulting, BMW, ClearTax, DE Shaw, Godrej Properties, L’Oreal, Michael Page, Ola, Philip Morris, Simpl, StrategyTech Advisors, Sutra Management Consulting, and Thoucentric to name a few.

Consulting

XLRI continued to be the destination of choice for consulting firms such as Accenture Strategy, Accenture Technology Consulting, Aon, Auctus Advisors, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Ernst & Young, EY Parthenon, Intueri Consulting, Kearney, KPMG, Michael Page, McKinsey, PricewaterhouseCoopers, Samagra Governance, StrategyTech Advisors, Sutra Management Consulting, Vector Consulting and others participating in the process. The surge in consulting roles can be primarily linked to the influx of various new consulting companies recognizing the exceptional talent pool at XLRI, underscored by our rigorous pedagogical approach. This growing interest is further bolstered by the distinguished track record of XLRI graduates in esteemed management consulting firms both in India and internationally.

ITES, E-commerce, Gaming and Online Services

Despite the downturn in the tech sector market, recruitment remained robust in areas such as Product Management, Analytics, and Programme Management. A wide range of leading firms, including Amazon, American Express, Atlassian, Cleartrip, Coforge, Cognizant, Ekincare, Ergode, FedEx, Flipkart, Genpact, GyanSys, HCL Technologies, Hexaware, iLink Digital, Inme, Intellect, LTTS, Media.net, NG-Next, PhonePe, Pine Labs, PlayGames 24×7, Poshn, Renewbuy, Searce, Star Disney, Tata Communications, Tech Mahindra, Texas Instruments, Winzo, and Xiaomi, continued to actively recruit, showcasing the industry’s resilience and the ongoing demand for skilled professionals in these key roles.

FMCG, Pharma and Real Estate

XLRI has established itself as a campus preferred by FMCGs, and the trend continued this year with top firms such as ABinBev, Amul, Asian Paints, Beam Suntory, Colgate Palmolive, Dabur, Diageo, Haleon, HCCB, Hindustan Unilever, ITC, Jubilant, L’Oréal, Marico, Mondelez, Nestle, P&G, Pepsico, Pernod Ricard, Philip Morris, Pidilite, Reckitt, Samsung Electronics and others participating. The process witnessed hiring by companies in the pharma chemical sector such as Sun Pharma, Becton Dickinson, among others. Real estate developers viz. Godrej Properties, Abhinandan Lodha Enterprises and Landmark Group participated in the process for the first time. Roles in Strategy, Sales & Marketing, Supply Chain, Operations, IT and Human Resources were offered to the graduating students.

BFSI

The Finance sector was another major contributor, with the participation of firms such as Amazon, Angel One, Axis AMC, Bandhan Bank, Centrum Capital, Citi, Cleartax, Credit Saison, DBS, DE Shaw, Deutsche Bank, ETLI, Goldman Sachs, HDFC, HDFC Ergo, ICICI, Indigo Edge, IndusInd, JPMC, Kotak, L’Oreal, Natwest, NPCI, Piramal Enterprises, SimpL, SUD Life, TransUnion CIBIL, and Yes Bank, among others. The roles offered in this domain were Front End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, and Retail Banking

Manufacturing, Energy and Telecommunications

Manufacturing & Energy sector witnessed the boarding of recruiters such as BMW, Castrol, Crompton Greaves Essar, Exide Industries, KDDL, Ola, Saan Global, Shree Cements, Tata Power, Titan. Other legacy recruiters in these sectors were Bajaj Auto, Renew Power, Shell, Varroc. Airtel, Tata Electronics, and Vi were among other established firms in the telecommunications sector.

General Management

Roles in General Management were offered by conglomerates such as ABG, Bajaj Finserv, Capgemini, JSW, L&T, Mahindra, Reliance, RPG, RPG Zensar, TAS, Tata Steel and other firms.

HR

XLRI holds the distinction of being the top choice for HR studies in the nation, drawing interest from a broad spectrum of companies for HR roles, including ABG, Accenture TAP, Airtel, Amazon, Asian Paints, Bajaj Auto, Essar, Godrej Properties, HDFC Ergo, HUL, ITC, Ola, Reliance, Sun Pharma, TAS, Tata Electronics, Tata Steel, Vedanta, and more. The HR positions offered span a diverse range of functions such as HR Consulting, Recruitment, Compensation & Benefits, HR Analytics, and Chief of Staff roles. Leading consulting firms like Aon, KPMG, PwC, EY, and Deloitte specifically target XLRI students for exclusive HR consulting positions, underscoring their confidence in XLRI graduates as the future leaders in HR.