XLRI Summer Placement 2021 records highest stipend of INR 6.8 lakhs

The highest stipend offered was INR 6.8 lakhs for two months in the BFSI Sector.

XLRI Placements 2021: XLRI-Xavier School of Management concluded its summer internship placement process on a successful note for its largest-ever class of 470 students (2021-23 batch) of the Business Management and Human Resource Management programs across both XLRI Jamshedpur and Delhi-NCR campuses. The highest stipend offered was INR 6.8 lakhs for two months in the BFSI Sector. “Even amidst the pandemic, XLRI saw the median stipend for the entire batch rise to INR 1.27 Lakhs per month, while the average stipend offered was INR 1.28 Lakhs per month. This is an increase of over 16% and 5% over the previous year,” the official placement report reads.

According to the report, the top recruiters that made astounding offers during XLRI Placements 2021 were Amazon, The Boston Consulting Group, Bain and Company, Accenture Strategy, Pricewaterhouse Coopers, Deloitte, Aditya Birla Group, and HUL. The average monthly stipend for the top 10 percentile students was INR 1,82,000 per month, while for top 25 percentile students the stipend stood at INR 1,63,500 per month.

The top segments based on roles offered were Consulting, Sales & Marketing, and BFSI. Consulting and Advisory firms extended offers to around 25% of the batch while IT and e-Commerce firms recruited 22% of the batch. FMCGs recruited 17% of the batch while BFSI recruited a select 10% of the batch for some of their most coveted roles.

The top segments based on roles offered were Consulting and Advisory, Sales & Marketing, and Finance. Other roles included functions in Product Management, Business Development, Brand Management, Analytics, and Strategy. Organizations from a wide spectrum of sectors participated in the process, including FMCGs, Consulting, Pharma, IT and e-commerce, Government Agencies, and telecom.

XLRI is widely regarded as the best institution in the country for its Human Resource program. These credentials were endorsed by the sheer number of recruiters who offered HR roles across domains. Top-tier firms such as P&G, HUL, Nestle, Colgate-Palmolive, Reckitt, Coca-Cola, Asian Paints, Mondelez, Johnson & Johnson, Citi, JPMC, Walmart, ITC, Mars, Aon, Vedanta, RPG, and Tata Group. Firms offered roles across a variety of HR functions like Learning and Development, Talent Acquisition, HR Consulting, and HR Analytics.

Students also received various roles from Analytics & Consulting, FMCG, BFSI, General Management, Manufacturing, Industry, and Automotive, Healthcare and Pharma, etc.

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