XLRI PGDM Placements 2023: Highest domestic offer stood at INR 78.2 LPA

Median salary stood at INR 30.0 lakhs per annum with the top 10th and 25th percentile averages being INR 57.7 lakhs and INR 46.8 lakhs per annum, respectively. Average salary recorded an increase to INR 32.7 lakhs per annum from INR 30.7 lakhs per annum in 2022

XLRI - Xavier School of Management successfully recorded 100% placements for its flagship programs: Two-year Postgraduate Diploma in Management - Human Resource Management and the Two-year Postgraduate Diploma in Management - Business Management batch of 2021-23. All 463 candidates secured 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 3 international offers, including 30 new recruiters. These also include pre-placement offers (PPOs) which were offered to 43.8% 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.

Key Highlights of XLRI Final Placements 2023:

• Median salary stood at INR 30.0 lakhs per annum with the top 10th and 25th percentile averages being INR 57.7 lakhs and INR 46.8 lakhs per annum, respectively
• Average salary recorded an increase to INR 32.7 lakhs per annum from INR 30.7 lakhs per annum in 2022
• Highest domestic offer at INR 78.2 lakhs per annum from the ITES sector
• Highest international offer at INR 1.1 crore per annum for the HR domain. Candidates received multiple offers in Germany and UAE
• 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
• 43.8% of the students received Pre-Placement Offers

• New final recruiters included Barclays, Deutsche Bank, Emaar Properties, HSBC, Indigo Edge, Mercedes Benz, Nykaa, Samagra Governance, Shell, Zomato

Top Recruiters

XLRI continued to be the destination of choice for consulting firms such as Accenture Strategy, Alvarez & Marsal, Aon, Bain & Company, Boston Consulting Group, Deloitte, EY, Kearney, KPMG, Mckinsey, PwC, Synergy Consulting, Vector Consulting and others participating in the process. The increase in consulting roles can be attributed to a higher number of candidates opting for these roles and the recognition of the talent pool at XLRI by these consulting firms, accentuated by our pedagogic rigour. The increased interest is also attributable to the established track record of XLRI graduates over the years in prestigious management consulting firms in India and abroad.

Overcoming the blues of the technology sector market, there was sustainable hiring in ITES, E-commerce, Gaming, and Online Services sectors in Product Management, Analytics & Programme Management roles. Major recruiters included Amazon, Google, Microsoft, Media.net, PayTM, Walmart, Flipkart, Star Disney, Uber, Games 24x7, and Head Digital Works.

FMCG, Pharma, and Real Estate emerged as the top recruiters with companies such as P&G, Hindustan Unilever, ITC, Colgate Palmolive, Johnson & Johnson, Asian Paints, Nestle, Samsung, Mondelez, Nykaa, Reckitt, Pidilite, Pernod Ricard, ABinBev, Haleon GSK and others participating. The process witnessed hiring by companies in the pharma chemical sector such as Cipla, Dr. Reddy’s, Sun Pharma, Ephicacy, and PI Industries, among others. Real estate developers viz. Emaar and Aliens 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.

The Finance sector was another major contributor, with the participation of firms such as Goldman Sachs, J.P Morgan Chase, Avendus Capital, Indigo Edge, HSBC, American Express, Citibank, FinIQ, Mastercard, Natwest and Standard Chartered, Société Générale, 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.

The Automobile sector witnessed the boarding of premium recruiters such as Mercedes Benz and

Power Finance Corporation. Other legacy recruiters in these sectors were Bajaj Auto, Renew Power, Shell, Varroc, and Vedanta. Airtel, Tata Communications, and Vi were among other established firms in the telecommunications sector.

HR roles were offered by firms spanning the spectrum of domains such as P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase and Co., Google, Samsung, Bajaj Auto, and others. HR roles offered included HR Consulting, Recruitment, Compensation & Benefits, HR Analytics, and Chief of Staff. Premier consulting firms like KPMG, PwC, EY, and Deloitte open exclusive HR consulting roles for XLRI students reaffirming their trust in XL-ers as HR leaders of tomorrow.

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