Setting new benchmarks in management education, 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) programmes, with all 503 students receiving job offers in the final recruitment process.
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. There were 65 new recruiters. 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.
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.”
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.
