XLRI Placements 2022: average Salary Offer INR 30.70 Lakh Per Annum

Vipra
Vipra Shrivastava
Senior Manager - Content
4 mins readUpdated on Apr 15, 2022 11:12 IST

XLRI placement process for 2020-22 batch witnessed 100 per cent hiring in Consulting, FMCG, Pharma, Finance, IT, E-commerce and Telecom sectors. Check out XLRI final placements report 2022 for highest salary, average salary, top companies and sector-wise job offers, below.

XLRI placement report

XLRI Jamshedpur final placements process of 2020-22 PGDM batch witnessed 100 per cent recruitment and participation of 99 top companies of India and abroad. The average salary offer stood at INR 30.70 lakh per annum and median salary stood at INR 30.00 lakh per annum. The highest CTC offer stood at INR 60+ lakh per annum.

XLRI final placements 2022 saw participation from 99 recruiters with 437 domestic offers, including 23 new finals recruiters. This year, 40 per cent of the batch got PPO based on their summer internship performance.

Q:   Does XLRI Jamshedpur offer 100% placements to students?

A:
XLRI Jamshedpur offers placement assistance to students. The top companies taking part in the placement drive at XLRI Jamshedpur are Accenture Strategy, Amazon, BCG, PayTM, and others. According to the 2022 and 2023 placement reports available on the official website, the placement rate was 100 percent. So one can say that XLRI Jamshedpur offers 100% placements to students. Hence, the students can expect a bright future after completing their selected course from this college.

Q:   What is the average package offered during XLRI Jamshedpur placements?

A:

The average package offered during XLRI Jamshedpur placements 2024 stood at INR 29.89 LPA. Further, a fluctuating trend was witnessed in the average package offered over the past three years during XLRI Jamshedpur PGDM BM and PGDM HRM placements, which is presented below:

The course-wise average salary trends witnessed during XLRI Jamshedpur placements over the past three years are presented below:  

Course  

Average Package (2022)

Average Package (2023)

Average Package (2024)

PGDM (BM) and PGDM (HRM)

INR 27.49 LPA

INR 27.24 LPA

INR 29.89 LPA

PGDM GM

INR 26.69 LPA

INR 29.4 LPA

INR 27.07 LPA

Note: For PGDM BM and PGDM HRM placements 2022 and 2023, the Maximum Earning Potential component of Salary Heads - Domestic is considered while calculating the salary package. Further, the mean package is considered as the average package in the above-mentioned table.

Q:   What is the stipend for FPM at XLRI?

A:

For XLRI FPM students, a monthly stipend of INR 45,000 will be awarded for the first two years and INR 50,000 for the next two years. Fellowship will be paid only to full-time residential students, and for a period of four years. Extension of financial aid for the fifth year is possible depending on the candidates' academic performance. 

Regular recruiters included Aditya Birla Group, Asian Paints, Capgemini ELITE, Hindustan Unilever, Nestle, P&G, TAS and others. New recruiters included American Express, Freshworks, Swiggy, MoEngage Inc. and slice, etc. Among the regular recruiters, BCG, Bain & Co., Accenture Strategy, Amazon, PayTM, ITC and Microsoft made the highest number of offers in the XLRI final placements 2022. Some of the new recruiters included American Express, Freshworks, Swiggy, MoEngage Inc., slice and Zynga amongst others.

Job roles like Associate Director and Chief of Staff, etc. were offered by many recruiters to  XLRI - Xavier School of Management graduates.

Highlights of XLRI Placements 2022

the institute conducted placements for about 427 students of its PGDM-HRM and PGDM-MB courses. Check the table below for key highlights of XLRI placements 2022:

XLRI Placements 2022 Key Features

Details

Number of candidates

427

Number of offers made

437

Total number of companies who participated

99

Number of first time recruiters

23

Pre-placement offers

40. 28 % of total students

Top recruiters

Boston Consulting Group, Bain and Co., Accenture Strategy, Amazon, PayTM, ITC and Microsoft

XLRI Placements 2022: Highest, average and median salary packages offered

In the XLRI, Jamshedpur 2022 placements the average salary and highest salary offers saw increase from last two years.

XLRI Placements 2022: Salary package offered

Highest domestic salary offered

INR 60+ LPA

Average domestic salary offered

INR 30.70 LPA

Median domestic salary offered

INR 30.00 LPA

Average salary offered to top 10% students

INR 48.00 LPA

Average salary offered to top 25% students

INR 43.00 LPA

XLRI Placements 2022: Sector Wise Split

Maximum offers were made in Consulting, ITES, E-Commerce, Gaming & Online Services and Sales & Marketing. Sector wise ITES, E-Commerce, Gaming & Online Services offered 27 per cent roles, while in Sales & Marketing 25 per cent roles were offered. Consulting made up for 24 per cent offers to candidates.

Q:   What is the highest package offered in the XLRI Jamshedpur placements drive?

A:

XLRI Jamshedpur has a good placement record and competes against IIMs in terms of placements. The key highlights of XLRI PGDM BM and PGDM HRM placements 2023 as compared with 2022 are presented below:

Particulars

PGDM Placement Statistics (2022)

PGDM Placement Statistics (2023)

Eligible students

427

463

Placement rate

100%

100%

No. of offers

416 (all domestic)

487 (3 international)

No. of recruiters

99 (23 new)

117 (30 new)

the highest domestic package

INR 75 LPA

INR 78.2 LPA

the highest international package

NA

INR 110 LPA

Average package

INR 30.7 LPA

INR 32.7 LPA

Median package

INR 26.27 LPA

INR 30 LPA

Note: The Maximum Earning Potential salary component is considered for the median package offered in 2022.

The above-mentioned placement report is inclusive of PGDM (BM) and PGDM (HRM) courses.

Q:   How are the placements at XLRI Jamshedpur?

A:

Consulting sector emerged as the top recruiting sector that made 26% of the total offers during XLRI Jamshedpur PGDM BM and PGDM HRM placements 2024. Other than this, a total of 520 offers were made including 1 international offer during XLRI Jamshedpur placements 2024. Moreover, a total of 154 recruiters visited the campus during XLRI Jamshedpur PGDM BM and PGDM HRM placements 2024. The key highlights of XLRI Jamshedpur PGDM BM and PGDM HRM placements 2024 as compared with 2023 and 2022 are presented below:

Particulars

PGDM (BM) and PGDM (HRM) Placement Statistics (2022)

PGDM (BM) and PGDM (HRM) Placement Statistics (2023)

PGDM (BM) and PGDM (HRM) Placement Statistics (2024)

Total students

427

464

503

Students placed

416

463

503

Placement rate

100%

100%

100%

Highest domestic package

INR 75 LPA

INR 57.08 LPA

INR 75 LPA

Average package

INR 27.49 LPA

INR 27.24 LPA

INR 29.89 LPA

Median package

INR 26.27 LPA

INR 28.94 LPA

INR 28 LPA

Note: For placements 2022 and 2023, the Maximum Earning Potential component of Salary Heads - Domestic is considered while calculating the salary package. Further, the mean package is considered as the average package in the above-mentioned table.

In addition, the key highlights during XLRI PGDM GM placements over the past three years are presented below:   

Particulars

PGDM GM Placement Statistics (2022)

PGDM GM Placement Statistics (2023)

PGDM GM Placement Statistics (2024)

Highest package

INR 44.74 LPA

INR 80.35 LPA

INR 53.53 LPA

Average package

INR 26.69 LPA

INR 29.4 LPA

INR 27.07 LPA

Top 10% average package

INR 34.24 LPA

INR 55.27 LPA

INR 47.07 LPA

Top 25% average package

INR 32.5 LPA

INR 41.9 LPA

INR 40.2 LPA

Top 50% average package

INR 30.04 LPA

INR 35.89 LPA

INR 33.4 LPA

Median package

INR 26 LPA

INR 27.5 LPA

INR 24 LPA

Q:   What is the median package offered during XLRI Jamshedpur placements?

A:

The median package offered during XLRI Jamshedpur placements 2024 for PGDM BM and PGDM HRM courses stood at INR 28 LPA. Further, a fluctuating trend was witnessed in the median package offered over the past three years during XLRI Jamshedpur PGDM BM and PGDM HRM placements, which is presented below:

The course-wise median salary trends witnessed during XLRI Jamshedpur placements over the past three years are presented below:  

Course  

Median Package (2022)

Median Package (2023)

Median Package (2024)

PGDM (BM) and PGDM (HRM)

INR 26.27 LPA

INR 28.94 LPA

INR 28 LPA

PGDM GM

INR 26 LPA

INR 27.5 LPA

INR 24 LPA

Note: For PGDM BM and PGDM HRM placements 2022 and 2023, the Maximum Earning Potential component of Salary Heads - Domestic is considered while calculating the salary package. Further, the mean package is considered as the average package in the above-mentioned table.

Q:   Which sector places most number of students during XLRI Jamshedpur placements?

A:

Consulting sector emerged as the top recruiting sector that made 26% of the total offers during XLRI Jamshedpur PGDM BM and PGDM HRM placements 2024. The Consulting sector was followed by ITES, E-Commerce, Sales & Marketing sector wherein 20% and 17% roles were offered respectively during XLRI Jamshedpur PGDM BM and PGDM HRM placements 2024. It is to note that XLRI Jamshedpur audited placement report 2024 was not released as the time the page was updated.

The detailed sector-wise offers made during XLRI Jamshedpur PGDM BM and PGDM HRM placements 2023 is presented below:

Sectors

PGDM BM and PGDM HRM Offers (2023)

Consulting

138

BFSI

79

Conglomerate

46

FMCG

38

E-Commerce

34

IT Solutions

24

Automobile

19

Manufacturing

12

Food & Beverage

11

IT Consulting

10

Pharma / Healthcare

10

IT Software

5

Others

37 (1 international offer)

Q:   Which sector offers the highest package during XLRI Jamshedpur placements?

A:

IT Solutions sector offered the highest package of INR 57.08 LPA during XLRI Jamshedpur placements 2023 for PGDM BM and PGDM HRM courses. The sector-wise highest and average package offered during XLRI Jamshedpur placements 2023 for PGDM BM and PGDM HRM courses are presented below:

Sectors

PGDM BM and PGDM HRM Highest Package (2023)

PGDM BM and PGDM HRM Average Package (2023)

Automobile

INR 27.24 LPA

INR 26.18 LPA

BFSI

INR 50 LPA

INR 26.32 LPA

Conglomerate

INR 34.98 LPA

INR 28.13 LPA

Consulting

INR 50.70 LPA

INR 32.65 LPA

FMCG

INR 33.94 LPA

INR 30.32 LPA

E-Commerce

INR 28.50 LPA

INR 27.20 LPA

Food & Beverage

INR 32 LPA

INR 26.01 LPA

IT Consulting

INR 25 LPA

INR 22.69 LPA

IT Software

INR 26.64 LPA

INR 25 LPA

IT Solutions

INR 57.08 LPA

INR 33.05 LPA

Manufacturing

INR 32.55 LPA

INR 25.09 LPA

Others

INR 50.50 LPA

INR 26.33 LPA

Pharma / Healthcare

INR 29.13 LPA

INR 23.70 LPA

Note: The Maximum Earning Potential component is considered while calculating the salary package. Further, the mean package is considered as the average package in the above-mentioned table.

Consulting

In Consulting, the 24 per cent offers came from Bain & Company, The Boston Consulting Group, AT Kearney, Accenture Strategy, Aon, Deloitte, PwC, EY, Everest Group and others.

FMCG, Telecom, and Pharma

Top participants in these sectors included P&G, Hindustan Unilever, ITC, Colgate Palmolive, Asian Paints, Nestle, Samsung, Mondelez, Dabur, Reckitt, Pidilite, PepsiCo, Cipla, Dr. Reddy’s, Sun Pharma, Thermofisher, Novozymes, etc. which offered roles in Strategy, Sales & Marketing, Product Supply, Operations, IT and Human Resources.

BFSI

In this domain, top companies such as Goldman Sachs, J.P Morgan Chase, NIIF, Citibank, Standard Chartered, Kotak Mahindra Bank, ICICI, Edelweiss, etc. offered roles like Front End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, and Retail Banking.

General Management

Top companies such as TAS, Aditya Birla Group, offered Mahindra, Capgemini ELITE, Reliance Industries, Hinduja Group among others Job roles in General Management.

ITES, E-commerce and Online Services

Companies from this sector which offered various job roles XLRI students in 2022 final placements include, Amazon, PayTM, Microsoft, Google, Freshworks, Media.net, Walmart, Flipkart, Myntra, PhonePe, Star Disney, Uber, Ola, Jio Platforms, Times Internet, Info Edge, Udaan, Swiggy, Licious, Zynga, Junglee Games, Games 24x7 and Dangal Games, etc.

Human Resources

Companies including P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase, and Co., Myntra, Ola, Samsung, Bajaj Auto, Google PwC, EY, KPMG, Deloitte and others, offered HR roles to XLRI students.

Also Read: 

XLRI Placements Data: 2022 vs 2021 vs 2020

This year, although there was no international offer made, most likely due to COVID-19 pandemic, there was a rise in average domestic offer from last year. Take a look at the table below for details.

Features

2022

2021

2020

Average Salary offered

INR 30.70 LPA

INR 25.08 LPA

INR 24.30 LPA

Median Salary offered

INR 30.00 LPA

INR 23.00 LPA

INR 23.00 LPA

First time recruiters

23

23

24

Number of recruiters

99

108

108

Number of offers made

437

370

362

Read More:

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About the Author
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Vipra Shrivastava
Senior Manager - Content

Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. ... Read Full Bio

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Answered 3 days ago

Yes, you might get a call from XLRI if you scored 93.57 in the XAT, as the cutoff for the PGDM-BM programme is typically around 93–95%ile overall.

S

Shreya Gupta

Contributor-Level 9

Answered 3 weeks ago

Eligibility to join BM at XLRI Jamshedpur: To be eligible to enter the BM programme at XLRI Jamshedpur, candidates need the following: Eligibility- under Honors Bachelor degree in any discipline from a recognised Indian or foreign university or institution with no percentage requirement.Entrance Exa

...more

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Subhash Kumar Gupta

Contributor-Level 10

Answered 2 weeks ago

SIMS Pune and XLRI Jamshedpur are two a well-known business school that offers full-time MBA course. The cost of MBA cousre at both school is bit costlier compared to other MBA institute. Candidate can find below the MBA fees of both the institute:

Comparison FactorsTuition FeeAverage package
MBA at SIMS PuneINR 17.8 lakhINR 15 lakh
MBA at XLRI Jamshedpur

INR 4 Lacs - INR 58.8 lakh

INR 24 Lacs - INR 28 lakh

 

N

Neha Chauhan

Beginner-Level 5

Answered a month ago

XLRI - Xavier School of Management provides various PGDM courses to students across Business Management and various other streams. XLRI admission to PGDM BM and HRM is based on XAT scores. Candiadtes seeking admission to XLRI Jamshedpur must meet both the overall and sectional cutoffs in order to be

...more

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Subhrajeet Harichandan

Contributor-Level 9

Answered a month ago

One of India's top management schools, XLRI Jamshedpur, requires applicants to score highly on the Xavier Aptitude Test (XAT), the entrance exam for its MBA programs, to be admitted. Although the precise criteria can change every year depending on variables like the candidate pool and the particular

...more

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Nidhi Kumari

Contributor-Level 10

Answered a month ago

Yes, placement record at XLRI Jamshedpur are good. The key highlights of XLRI Jamshedpur PGDM BM and PGDM HRM placements 2024 as compared with 2023 and 2022 are presented below:

Particulars

PGDM (BM) and PGDM (HRM) Placement Statistics (2022)

PGDM (BM) and PGDM (HRM) Placement Statistics (2023)

PGDM (BM) and PGDM (HRM) Placement Statistics (2024)

Total students

427

464

503

Students placed

416

463

503

Placement rate

100%

100%

100%

Highest domestic package

INR 75 LPA

INR 57.08 LPA

INR 75 LPA

Average package

INR 27.49 LPA

INR 27.24 LPA

INR 29.89 LPA

Median package

INR 26.27 LPA

INR 28.94 LPA

INR 28 LPA

Note: For placements 2022 and 2023, the Maximum Earning Potential component of Salary Heads - Domestic is considered while

...more

K

Krishnendu Chatterjee

Contributor-Level 10

Answered a month ago

The number of offers made during XLRI Jamshedpur summer placements over the past two batch are presented below:

Particulars

PGDM HRM and PGDM HRM Summer Placement Statistics (2023-25 Batch)

PGDM HRM and PGDM HRM Summer Placement Statistics (2024-26 Batch)

Total offers

604

604

Companies visited

139

133

New recruiters

63

37

Total students

591

576

K

Krishnendu Chatterjee

Contributor-Level 10

Answered a month ago

Yes, XLRI Jamshedpur has provided 100% placements over the past three years during PGDM placements, which is also presented below:

Particulars

PGDM (BM) and PGDM (HRM) Placement Statistics (2022)

PGDM (BM) and PGDM (HRM) Placement Statistics (2023)

PGDM (BM) and PGDM (HRM) Placement Statistics (2024)

Total students

427

464

503

Students placed

416

463

503

Placement rate

100%

100%

100%

 

K

Krishnendu Chatterjee

Contributor-Level 10