XIMB Placements 2023 : Average Package : INR 20.03 LPA & Highest Package : INR 71.51 LPA

Bhubaneswar, OdishaEstd 1987
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XIMB Placements 2023 has been concluded. XIMB highest package stood at INR 71.51 LPA whereas XIMB average package increased by 14.48% at INR 20.03 LPA. Students received record breaking 111 pre-placement offers. 71 recruiters including 26 new recruiters participated in XIMB Placements 2023.

During XIMB Summer Internship Placements 2023, 358 students were placed through on campus placements. Some of the participating top recruiters included Deloitte, Microsoft, ICICI Bank, Tata Steel, Bain etc.

XIMB Placements 2023 Info-graph

To know more click here XIMB Courses & Fees 

XIMB Placements 2023 Report

Particulars Placements Statistics 2023 Placements Statistics 2022
Number of Recruiters 71 64
Number of New Recruiters 26 15
Number of Participating Students 356 355
Placement Percentage - 100%
Highest Salary INR 71.51 LPA INR 32.21 LPA
Average Salary INR 20.03 LPA INR 17.54 LPA
Median Salary INR 19.25 LPA INR 17.10 LPA
Top 50% Average Salary INR 23.64 LPA INR 20.02 LPA
Top 50% Median Salary INR 22.69 LPA INR 18.01 LPA
Top 25% Average Salary INR 26.32 LPA INR 22.15 LPA
Top 25% Median Salary INR 23.82 LPA INR 20.52 LPA
Top Sectors BFSI (28%), IT (23%) Consulting (46%), IT/ITES (22%)
Top Recruiters - ICICI Bank, Accenture, Cognizant

Also check XIMB Cutoff

XIMB Placements 2023 Sector – Wise

The below table represents the sector – wise statistics of XIMB Placements 2023:

Sectors Placement percentage
BFSI 28%
IT 23%
Consulting 22%
FMCG 13%
Manufacturing 13%
Others 1%

Also check XIMB Admission 2023

XIMB Placements 2023 Stream - Wise 

The below table shows the stream-wise data of XIMB Placements 2023:

Streams Placement percentage
Marketing 35%
Consulting 32%
Finance 20%
Others 13%

The below table represents the stream – wise salary statistics of XIMB Placements 2023:

Streams XIMB Highest Package XIMB Average Package Average salary Y-O-Y growth
Consulting INR 71.51 LPA INR 21.17 LPA 17.11%
Operations INR 21.63 LPA INR 20.14 LPA 12.37%
Systems INR 43 LPA INR 19.93 LPA 19.77%
Marketing INR 31.90 LPA INR 19.86 LPA 17.90%
Finance INR 24 LPA INR 19.04 LPA 11.93%

Also check XIMB Ranking

XIMB Placements Year - Wise Trends

The below table shows the year-wise trends of XIMB Placements:

Particulars 2022-23 2021-22 2020-21 2019-20
Number of recruiters 71 64 97 107
Highest salary INR 71.51 LPA INR 32.21 LPA INR 24 LPA INR 26 LPA
Average salary INR 20.03 LPA INR 17.54 LPA INR 15.15 LPA INR 15.42 LPA
Median salary INR 19.25 LPA INR 17.10 LPA INR 14.5 LPA INR 15 LPA

During XIMB Placements 2023, the average salary increased by 14.48% as compared to the previous year & stood at INR 20.03 LPA. XIMB highest package increased from INR 32.21 LPA to INR 71.51 LPA tis year. The median package also increased from INR 17.10 LPA to INR 19.25 LPA. 

XIMB Placements 2023 Job Roles Offered

The below table represents the job roles offered during XIMB Placements 2023:

Product Manager Portfolio Manager Consultant In Stock Specialist
Area Sales Manager Corporate Investment Banking Equity & Credit Analyst Treasury Risk Management
Compliance & Internal Control Retail Vendor Management Brand Manager Business Transformation & Strategy

Also check XIMB Reviews

XIMB Placements Top Recruiters

ICICI Bank Tiger Analytics Accenture Cognizant
Nestle Titan EY KPMG
IBM Wipro Bank of America Vedanta
LTI MindTree Crompton Bajaj Allianz
Kotak Mahindra Yokohama Tata International PlanetSpark

XIMB Placements 2023 Batch Profile

The below info-graph shows the batch profile of XIMB:

XIMB Batch Profile Infograph

The batch comprises 67% male students & 33% female students. Almost half of the batch are freshers. The students have an average work experience of 27.5 months. Most of the students have B.E or B.Tech background. 

Also check XIMB Hostel

XIMB Summer Internship Placements 2023 Report

Particulars Internship Statistics 2023 Internship Statistics 2022
Number of Recruiters 91 -
New Recruiters 43 -
Number of Placed Students 358 355
Highest Stiepend INR 3.5 Lakhs per month -
Average Stipend INR 1.17 Lakhs per month -
Median Stipend INR 1.1 Lakhs per month -
Top 25% Average Stipend INR 2.16 Lakhs per month -
Top 50% Average Stipend INR 1.72 Lakhs per month -
Top 25% Median Stipend INR 2.2 Lakhs per month -
Top 50% Median Stipend INR 1.44 Lakhs per month
Top recruiters Deloitte, Microsoft, ICICI Bank, Tata Steel, Bain etc Deloitte, BNY Mellon, Nestle, Tiger Analytics, HSBC etc

Also check XIMB News & Articles

XIMB Summer Internship Placements 2023 Sector – Wise

The below table represents the sector – wise statistics of XIMB Summer Internship Placements 2023:

Sectors Placement percentage
Consulting 21%
IT/ITES 21%
Manufacturing 20%
BFSI 16%
FMCG 12%
Others 10%

XIMB Summer Internship Placements 2023 Stream - Wise 

The below table shows the stream-wise data of XIMB Summer Internship Placements 2023:

Streams Placement percentage
Marketing 35%
Consulting 21%
Systems 17%
Finance 14%
Operations 13%

XIMB Placements 2021 Sector - Wise Analysis

As per the information collected by Collegedunia, the maximum number of students were placed in the Consulting sector and the highest CTC of INR 20 LPA was offered by Morgan Stanley and Crompton. The following table represents the sector wise placements for the batch 2021:

Sectors Number of Students Highest CTC Range
Finance 47 INR 18 - 20 LPA
Sales & Marketing 9 INR 16 LPA
Operations / HR / Others 37 INR 18 - 20 LPA
Consulting 80 INR 10 - 17 LPA
IT and Systems 54 INR 13 - 18 LPA

XIMB Finance Sector Placements 2021

The following table represents the finance sector placements for the batch 2021 at XIMB:

Company Role No of students CTC
ICICI Bank MT, Wealth Manager, Product Manager 22 18-19
HSBC IB Analyst 1 13
Natwest group Senior Analyst 5 12-15
Morgan Stanley BA 1 18-20
BNY Mellon Senior Associate 4 13-14
SBI Capital Associate 3 10-13
RBL Bank Management Trainee 6 11-14
Trafigura Analyst 3 14-17
Anand Rathi Management Trainee 2 12-15
Magma HDI General Insurance Management Trainee 1-2 8-10

XIMB Sales & Marketing Sector Placements 2021

The following table represents the Sales & Marketing sector placements for the batch 2021 at XIMB:

Company Role No of students CTC
Nestle Sr Sales Executive 1 13-15
Bajaj Consumer Care MT 1 10-13
BlueStar Ass Manager 2 7-9
Cargill MT 2 16
PhonePe MT 1 16
Exide Industries MT 2 15

XIMB Operations / HR / Other Sector Placements 2021

The following table represents the operations / HR / other sector placements for the batch 2021 at XIMB:

Company Role No of students CTC
UHG Product Analyst 1 20
HashedIn Associate project manager, sr product specialist 4 14-17
Cropmton MT 2 18-20
Vedanta Associate Manager 1 12-15
Tata Steel Manager Market planning, sourcing manager, manager supply chain, manager enterprise risk management 7 16-18
Tata Metaliks MT 1 12-14
Aditya Birla Capital MT 3 12-14
HDFC Life MT 6 8-10
Airtel Zonal sales manager 3 14-16
DTDC Manager, Human Resource 2 12-14
Royal Enfield MT 2 12-14
Mahindra & Mahindra MT 1 10
ComViva BD 1 13-16
Cadilla MT 2 10-12
Viacom 18 MT 1 10-12

XIMB Consulting Sector Placements 2021 

The following table represents the Consulting sector placements for the batch 2021 at XIMB:

Company Role No of students CTC
Deloitte Human Capital Analyst,consultant, associate solution advisor 40-42 11-17
KPMG Consultant 1 9-14
Cognizant Sr analyst, SBD, Health consultant 10 10-14
Capgemini Consultant, program management, data strategy consultant 18 9-13
PWC Agri and Social Consultant, consultant, associate 4 11
Tiger Analytics Lead Talent Acquisition, analyst 4 12-15
Genpact AM 1 10-17
Mindtree BA, Sr associate 6 12-15
Tata Elxsi Strategy consultant 1 7-10

XIMB IT and Systems Sector Placements 2021

The following table represents the IT and Systems sector placements for the batch 2021 at XIMB:

Company Role No of students CTC
Accenture Analyst 10 13-17
TCS HRBP, Consultant, Business Analyst 25-30 8-16
HCL SMT 11 9-12
Infosys Kronos WFM Consultant, Associate Finance, Associate consultant 21 9-11
Tech Mahindra Senior Business Associate 4 7-11
LTI Senior Business Analyst, Consultant 5 13-18
HP MT 2 15
Mindfire Consultant 1 10-14

XIMB Alumni Network

Name of the organizations Number of alumni
Deloitte 386
Tata Consultancy Services 306
ICICI Bank 253
Accenture 230
EY 172

XIMB Placements Alumni - Wise Distribution

The below graph shows the alumni-wise distribution of XIMB Placements:

XIMB Alumni wise distribution graph

A significant number of alumni are placed in the Business Development domain (18%) which is followed by the Operations (14%) domain. The “others” category include domains like HR, Finance, Marketing, IT, Research, Education, Project Management, Engineering, Support & Community, Social Services. 

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XIMB Placements FAQs

Ques. How many recruiters visited the campus during XIMB Placements 2023?

Ans. 71 recruiters including 26 new recruiters visited the campus during XIMB Placements 2023.

Ques. What was XIMB average package offered during the Placements 2023?

Ans. Students received an average salary of INR 20.03 LPA during XIMB Placements 2023.

Ques. What was XIMB highest package during XIMB Placements 2023?

Ans. During XIMB Placements 2023, the highest salary package stood at INR 71.51 LPA

Ques. What was the median salary offered during XIMB Placements 2023?

Ans. The median salary stood at INR 19.25 LPA during XIMB Placements 2023.

Ques. What was the year on year average salary growth of XIMB Placements?

Ans. Average salary increased by 14.48% as compared to the previous year during XIMB Placements 2023.

Ques. From which sector, the highest number of offers came?

Ans. During XIMB Placements 2023, the highest number of offers came from the BFSI sector (28%) followed by the IT sectot (23%).

XIMB Highest and Average Package

Highest PackageAverage Package
71.50 L
20.03 L
014.3 Lakhs28.6 Lakhs42.9 Lakhs57.2 Lakhs71.5 Lakhs

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As many as 100+ companies will be there for internship & they will be paying stipends with a range from Zero to 1 lakh per month. Mostly these internships are done to gain knowledge & work on various projects.
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Biswa Bhusan Swain MBA, Business Management (Student)Reviewed on Aug 30, 2023
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XIMB: 18 Answered Questions

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Average salary of ximb MBA ?

Sidharth ThakurMBA from Indian Institute of Technology, Delhi (2019)

XIMB MBA placements 2022 witnessed an average CTC of INR 17.54 LPA

XIMB average package trends for the last few years are as follows. 

Academic Year 

Average CTC 

2021-22

INR 17.54 LPA

2020-21

INR 15.51 LPA

2019-20

INR 15.42 LPA

Compared to 2021, the average package of 2022 had a YoY growth of 15.78%.

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How are the placements for the XIMB UMG course?

Debottam MukherjeeMBA from Xavier Institute of Management, Bhubaneswar (2019)

The only suggestion considering this question is that it is better not to join these courses. It is due to the current horrible situation in the real estate business market. Thereby, there are minimal chances to get a job as a city planner or infrastructural manager. Besides, the offered salaries are also below that average scale; thus, the ROI is extremely zero. The student will be frustrated later by facing these issues consecutively.

However, there are also some similar courses in XUB, NICMAR, RICS SBE, and SCMHRD. None of these is good. If you are interested in this type of career option, you can go for NICMAR, as it is an old institute. This institute also offers an average salary of about 6 LPA. Besides, it is required to study well, prepare for CAT, and get at least 90%. This is the ultimate option and allows you to choose a top-level institute among 30-40 colleges. Otherwise, it will be just wasting of hard-earned money.

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What companies would recruit from XIMB-UMG?

Komal YadavSanya PalMBA Human Resource Management, XAHR, XUB (2020)

The MBA-UMG is offered by Xavier Centre for Urban Management and Governance (UMG). The program was developed recently under XUB. The program is designed to equip students with the knowledge and skills to grow and run sustainable and adaptive urban places and systems.

Features of the course

  • The course binds together the relevant knowledge, techniques, and tools from the various fields of Management, Urban and Regional Planning, Policy, and Governance.
  • The fee for two years MBA-UMG is INR 13.50 Lakhs.
  • The curriculum of the course and the teaching methodology is nearly the same as in XIMB. The subjects taught are both urban management and general management related.
  • The average package offered to students was 6.10 LPA while the highest package is 9.40 LPA.

The top recruiters for MBA-UMG are Sarda Group, Ernst & Young, JLL, Quess Corp, Tractebel GKW GmbH, Recity Network Pvt. Ltd., CURE, IBI Group, BSCL, Convexicon Software SolutionsIndia Pvt. Ltd., O.B. & C.C., PWD, Govt. of Odisha, CFAR, IASCC.

The placements are not at par with the fee, but the brand value of XIMB makes the branch of UMG worth pursuing. Apart from the above-listed features, the college also has an excellent infrastructure, organizes fest, with decent placements.

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Is the placement scenario for sustainability management in XIMB good and worth the money spent on pursuing the course?

Diksha JainStudied at Xavier Institute of Management, Bhubaneswar (2017)

Standing away from the crowd, XIMB Bengaluru weaved sustainability management with MBA. XIMB Bhubaneswar is ranked sixth among the top 100 private B-Schools of India in the Education-World India Private B-Schools Ranking 2020-21.

The two-years, of course, has the following features:

  • The admission is on the basis of national-level management entrance exams (CAT/X-GMT/MAT/CMAT/XAT/GMAT).
  • There is an eight weeks summer internship program focused on People, Planet, and Profit.

Placements

The placements of MBA-SM are average in terms of package. The lucrative points of this branch are:

  • There is a steady upsurge in sustainability-related jobs as compared to functional-management jobs.
  • The Faculty of this branch has experience in various fields like law, organizational behavior, waste management, climate change, biodiversity development, and renewable energy.
  • There is an option for the student to switch jobs to the main functional field rather than continuing in the sustainability sector.
  • The fee of the course is 13.80 Lakhs while the average package offered is 7.5 LPA. 

The sustainability sector is booming and one of the interesting sectors. Its scope is slowly emerging with the growing economy of the world.

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What is the strength of XIMB? Are there 100% placements?

Satvik SinghMBA Marketing & Finance, Xavier Institute of Management, Bhubaneswar (2018)

Xavier Institute of Management, Bhubaneshwar is one of the most popular business schools in India. XIMB has a total strength of 374 students in Business Management including all the domains that participated in the recruitment process.

Since it is one of the oldest institutes, it offers 100% placement to all the students pursuing MBA. Many MNCs like Accenture, HDFC, Blue star, CBC, and many others participate in the placement drive. This year initially 53 recruiters participated and in the next session 97. These brands provide ample opportunities to all the students and get their placements in prestigious companies.

You can have a glance at the placement and highest packages that are being offered to the students from the academic batch of 2019 - 2021:

  • Total number of students got selected: 374
  • Highest CTC: 24 LPA INR
  • Average CTC: 15.51 LPA INR
  • Median CTC: 14.5 LPA INR

From the above packages being offered by the companies, we can infer that the placements have been gradually increased to 8 percent, which is a very positive sign for the growth of the institute in terms of placements.

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Which one is better b-school in terms of placement, ROI etc -XIMB or SIBM, Pune?

Praver KatyalNitya SaxenaMBA in Marketing, Symbiosis Institute of Business Management, Pune (Graduated 2020)

SIBM Pune and XIMB both offer courses in MBA, with specializations in various fields, including Executive MBA and diploma programs. If you choose to enroll in SIBM Pune, you can benefit from a highly accomplished alumni network, including executives from leading corporate houses. This can provide you with excellent opportunities for corporate exposure and interactions with alumni, which can be highly beneficial for your future career prospects.

When considering ROI and Placements, SIBM Pune stands out as the better option. The fees for XIMB BM and HRM are approximately INR 20,67,000, including hostel fees for the entire course duration, while the average salary for XIMB graduates increased by 15.77% in Placement 2022, standing at INR 17.54 LPA. On the other hand, the fee for SIBM Pune for the current batch is INR 21,27,950, excluding hostel and mess fees for the MBA regular course. However, SIBM Pune's placement report for the batch 2021-22 shows that the highest salary increased by 49.77%, standing at INR 45.5 LPA, with the average salary at INR 23.06 LPA.

Considering these factors, it is safe to conclude that SIBM Pune is a better option for pursuing an MBA.

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Is it wise decision to spend 22L in two years for MBA from XIMB, if we look at the placement and salary package?

Debdeep MajumderRituparna AichStudied at Xavier Institute of Management, Bhubaneswar

Strictly speaking, for the year 2021-23, the total course fee including the hostel charges comes out to be INR 20,67,000 excluding the mess charges for the MBA in Business Management (MBA-BM) course at XIMB Bhubaneswar. 

The decision to spend these 22 Lakhs in two years is worth it, if you do not fall in any of these categories.

  • If you have other top college converts that have considerably low fees such as JBIMS or FMS.
  • If you have a better percentile than required to be at XIMB Bhubaneswar and you can convert IIMs especially the older IIMs.

Now, if you do not fall in the above two categories, then XIMB Bhubaneswar is a very good option. Some of the reasons for the same are –

The institute attracts many top companies to its campus for recruitment. 

Parameters

SIBM Pune

XIMB Bhubaneswar

Highest CTC

INR 34.26 LPA

INR 26 LPA

Average CTC

INR 20.14 LPA

INR 15.42 LPA

Median CTC

INR 18.50 LPA

INR 15 LPA

Number of participating companies

90+

107

  • The rigorous curriculum, totaling 105 credits in two years, will teach you a lot about business management through classroom learning, summer internship, project works, and field visits.
  • You will enjoy a sweet social life at the institute with various clubs and committees. Corporate B-school competitions will become part of your life where you will learn as well as have fun.

Thus, XIMB Bhubaneswar is really a very good institute that will propel your career if you have the interests and do your work properly.

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Is it true that XIMB doesn't have 100% summer internship placements? If not, what do the remaining do?

Souvick SharmaStudied MBA in Human Resource Management at Xavier Institute of Management, Bhubaneswar (2019)

Summer internships are part of the curriculum at XIMB and are graded with a certain number of credits. So, it is necessary for every student to do a summer internship compulsorily. Thus it is made sure by the institute itself that every student gets an internship for the summers. So, it is entirely false that XIMB does not have 100% summer internship placements. Some students do find better offers than given in the campus placements and thus they opt out of the process. Otherwise, placements are handled by the institute itself.

Also, do not think of summer internships as final placements. You may not get an internship at a reputed company, but you will get an internship for sure. Final placements are a whole different game than summer placements. There have been instances where students who have done internships at smaller companies have landed top jobs during final placements. So, it actually matters less which company you did an internship for, rather grades, business acumen is more important for final placements. You should focus on studies, participating in business school competitions to hone your skills and you will definitely do well in your placements.

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What is your review of Xavier Institute of Management (XIMB), Bhubaneswar? Is it worth doing an MBA from this institute? What are its placements like?

Santanu GanguliMBA in Mark, Fin and Sys Business Management, Xavier Institute of Management, Bhubaneswar (2019)

My friend was a student at XIMB and all the points mentioned below are based on his experience at XIMB.

  • Location: Located at the center of the city, no commute difficulties are posed and you can access all off-campus facilities with ease. But the new campus is a bit far from the city and is bigger. Both campuses have world-class facilities.
  • Campus Life: Life at XIMB is rigorous and lively and you will always be occupied with classes, committee elections, quizzes, case study competitions, cultural events, and guest lectures. But this rigor will help you learn time management. Nightlife on campus is exciting as a number of exciting things take place at night
  • Friendships: Every good college experience requires a good group of friends without which your survival might become more difficult. This friendship will stay with you throughout the year.
  • Hostel: The hostel life is thrilling and you will develop an affinity for your Hostel and your Hostel Block will become your pride and identity.
  • Faculty: The faculty reside within the campus and are some of the best in the country. 
  • Case Study Competitions: You can participate in all the major case study competitions to portray your business problem-solving skills.
  • Xpressions: This event is in the limelight of the Institute as it showcases what XIMB actually is. The event welcomes some of the top celebrities and gives an exciting experience.
  • Placements: Placements are at level with the top 20 colleges. XIMB maintains a decent placement record over years. Recently, the institute released its 2022 placement report. According to the report, the highest salary, average salary & median salary increased by nearly 34.2%, 15.78% & 17.9% respectively as compared to the previous year. The highest salary offered was INR 32.21 LPA & average salary stood at INR 17.54 LPA. The median salary offered was INR 17.10 LPA.

Life at XIMB will give you an abundance of memories and knowledge about yourself, life and competitions. Make the best of those 2 years and try to be involved in every possible activity as you won’t get to relive these days and get back those days again.

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MICA vs XIMB? Which one is better in terms of placement and ROI?

Sandip PalHardik NagarStudied at MICA, Ahmedabad

MICA and XIMB are both well-respected business schools in India that offer a high return on investment (ROI) to their students. Both schools have a good track record of placing their graduates in well-paying, strategic positions.

MICA, in particular, has a reputation for its strong focus on strategic marketing and communication. The school has a high fee structure, but this is offset by the strong career prospects it offers its graduates. In 2022, MICA recorded a 100% placement rate, with more than 70 companies participating in the recruitment process. The average package offered was INR 19 LPA, and the highest package was INR 57.51 LPA. The IT/ITES sector emerged as the top sector for MICA graduates, with popular job roles including Business Analyst, Marketing Specialist, Product Manager, and Brand Strategist.

XIMB also boasts a strong placement record, with 100% of its 2022 graduating class being placed. The average package offered during XIMB placements in 2022 was INR 17.54 LPA, and the highest package was INR 32.21 LPA. The school is highly ranked and has a good reputation for its MBA program. XIMB MBA fees include course fees, IT expenses, alumni fees, refundable caution deposits, development funds, and course materials. Hostel fees and mess charges are extra.

Both MICA and XIMB have a great reputation for their career placements. MICA is known for its strong focus on strategic marketing and communication and XIMB is known for its strong MBA program and high ROI. MICA average package is INR 19 LPA and XIMB average package is INR 17.54 LPA. Both institutes have a 100% placement rate and a good reputation.

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