XLRI Placements 2023: Average Package: INR 32.7 & Highest Package: INR 1.1 CPA
XLRI Placements 2023: Average Package: INR 32.7 & Highest Package: INR 1.1 CPA
Xavier School of Management, Jamshedpur popularly known as XLRI Jamshedpur is amongst the top Business schools in India. The institute has maintained an excellent placement track record. It offers a high RoI where the average placement package stands above INR. 24 LPA, while the general cost for its PGDM program stands at around INR. 11 LPA.
XLRI concluded the final placement drive for 2021-23 batch with 100% placements. A total of 463 students secured job offers. Students received 484 domestic offers & 3 international offers. The percentage of PPOs was 43.8%. The highest international salary of INR 1.1 CPA came from the HR domain. The highest domestic salary stood at INR 78.2 LPA which came from the ITES sector. The average salary increased from INR 30.7 LPA in 2022 to INR 32.7 LPA in 2023. The placement drive saw a participation of 117 recruiters including 30 new recruiters. Some of the top recruiters are Barclays, Emaar Properties, Indigo Edge, Mercedes Benz etc.
XLRI has concluded its placement drive for the batch 2022 and has achieved 100% placements where 99 recruiters participated including 23 new recruiters. The Highest CTC stood at INR 60+ LPA which as offered by the BFSI Sector whereas the Average CTC stood at INR 30.73 LPA and the Median CTC stood at INR 29 LPA. Around 40.28% students received Pre-Placement Offers.
The institute has also concluded its summer internship placement drive for the batch of 2022-24 and 510 students received 525 offers and the Highest Stipend stood at INR 3.5 Lakhs per months whereas the Average stipend stood at INR 1.54 Lakhs per month.
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Table of Content
2.1 XLRI Sales & Marketing, Pharma Sector Placements
2.3 XLRI Consulting & General Management Sector Placements
2.4 XLRI BFSI & Others Sector Placements
- XLRI Placements Sector-Wise
- XLRI Year-wise Placement Statistics
- XLRI Placements Batch Profile
- XLRI Summer Internship Placements 2024 Highlights
- XLRI Summer Internship Placements 2023 Domain-Wise
- XLRI Summer Internship Placements 2022 Sector-Wise
- XLRI Placement Sector-Wise Top Recruiters
- XLRI Alumni Network
- XLRI Placements FAQs
XLRI Placements 2022 Report
| Particulars | Placement Statistics 2021 | Placement Statistics 2022 | Placements Statistics 2023 |
|---|---|---|---|
| Placement Percentage | 100% | 100% | 100% |
| No. of Recruiters | 108 | 99 | 117 |
| Total number of offers | 370 | - | 487 |
| No. of New Recruiters | 23 | 23 | 30 |
| PPOs | 33.33% | 40.28% | 43.8% |
| No. of Students Placed | 358 | 427 | 463 |
| Highest CTC | INR 50 LPA | INR 60 LPA | INR 1.1 CPA |
| Average CTC | INR 25.08 LPA | INR 30.73 LPA | INR 32.7 LPA |
| Median CTC | INR. 23 LPA | INR 29 LPA | INR 30 LPA |
| Average CTC (Top 10%) | INR 37.49 LPA | INR 48.42 LPA | INR 57.7 LPA |
| Average CTC (Top 25%) | INR 34.80 LPA | INR 41.2 LPA | INR 46.8 LPA |
| Top Recruiters | Mastercard, DE Shaw, Pay | Swiggy, American Express, FreshWorks | Barclays, Emaar Properties, Indigo Edge, Mercedes Benz |
XLRI Jamshedpur conclided the 2023 placement drive with 100% placements. 463 students were placed with 487 offers. Students received 43.8% PPOs. The highest international salary stood at INR 1.1 CPA & the highest domestic salary stood at INR 78.2 LPA. The average salary stood at INR 32.7 LPA. Top 10% average salary was INR 57.7 LPA & top 25% average salary was INR 46.8 LPA. The median salary stood at INR 30 LPA. The placement drive engaged 117 recruiters including 30 new recruiters. Some of the top recruiters are Barclays, Emaar Properties, Indigo Edge, Mercedes Benz etc.
The institute has concluded its 2022 placement drive with 100% placement record. A total of 99 including 23 new recruiters participated in the placement drive. Around 40.28% students were offered PPOs. The highest CTC stood at INR 60 LPA whereas the average and median CTC stood at INR 30.73 LPA and INR 29 LPA respectively.
The insitute has successfully achieved 100% placements for the outgoing batch of 2019-21 of its flagship programmes (PGDM Human Resource Management and PGDM Business Management) with all 358 candidates securing offers through the final recruitment process in 2 days.
XLRI Placements Sector Wise Analysis
As per the information collected by collegedunia, the maximum number of students were placed in the BFSI & other sectors followed by Consulting and General Management sector. Following its the sector wise analysis for the batch 2022 at XLRI Jamshedpur:
| Sectors | Number of Students Placed | CTC Range |
|---|---|---|
| Sales & Marketing, Pharma | 38 | INR 20.7 - 32 LPA |
| HR | 42 | INR 19 - 30 LPA |
| Consulting & General Management | 97 | INR 20.8 - 43.9 LPA |
| IT / E-Commerce | 19 | INR 21.55 - 40.5 LPA |
| BFSI & Others | 99 | INR 22 - 40 LPA |
XLRI Sales & Marketing, Pharma Sector Placements
The following table represents the sales & marketing, pharma sector placements for the batch 2022 at XLRI:
| Name of the Companies | Designation | No. of Students | CTC |
|---|---|---|---|
| P&G | Account Manager | 3 | 27-30 |
| HUL | Management Trainee | 2 | 29-30 |
| ITC | AUT-HR, HR Manager | 11 | 28-32 |
| Colgate-Palmolive | Lead Associate | 1 | 30-32 |
| Asian Paints | Manager | 5 | 28 |
| Nestle | Management Trainee | 3 | 26-27 |
| Samsung | Manager | 1 | 25.4 |
| Mondelez | Management Trainee | 2 | 29 |
| Dabur | Management Trainee | 1 | 25-28 |
| Reckitt | Management Trainee | 4 | 30-32 |
| Pidilite | Management Trainee | 0 | 25-26 |
| PepsiCo | Manager | 2 | 24-26 |
| Cipla | Manager | 1 | 23 |
| Dr Reddy's | Management Trainee | 0 | 20.7 |
| Thermofisher | Management Trainee | 1 | 28 |
| Novozymes | Global Mgmt Graduate | 1 | 25-26 |
XLRI HR Sector Placements
The following table represents the HR sector placements for the batch 2022 at XLRI:
| Name of the Companies | Designation | No. of Students | CTC |
|---|---|---|---|
| P&G | Management Trainee | 1 | 27-30 |
| HUL | Management Trainee | 1 | 29-30 |
| ITC | Management Trainee | 2 | 28-32 |
| Colgate-Palmolive | Management Trainee | 1 | 30-32 |
| Marico | Manager | 2 | 27 |
| J.P. Morgan Chase | Analyst | 6 | 22 |
| Bajaj Auto | Management Trainee | 5 | 24 |
| Myntra | Human Capital Manager | 3 | 23 |
| Ola | Manager | 7 | 23 |
| PwC | Associate | 4 | 21 |
| EY | Senior Consultant | 1 | 20-22 |
| Deloitte | Consultant | 7 | 23.5 |
| Myntra | L&D Lead | 2 | 23 |
XLRI Consulting & General Management Sector Placements
The following table represents the Consulting & General Sector Placements for the batch 2022 at XLRI:
| Name of the Companies | Designation | No. of Students | CTC |
|---|---|---|---|
| BCG | Senior Associate | 26 | 33-35 |
| Bain & Co | Associate Consultant | 23 | 33 |
| Kearney | Consultant | 0 | 33-35 |
| Accenture strategy | Recruiting Analyst | 22 | 43.92 |
| Aon | Consultant | 5 | 22 |
| Everest Group | Senior Analyst | 2 | 26.7 |
| TAS | TAS Probationer | 2 | 26 |
| Aditya Birla Group | Leadership Associate | 5 | 22.5 |
| Mahindra GMC | GMC | 2 | 26 |
| Capgemini ELITE | Manager | 2 | 22 |
| Reliance Industries | Head of Learning & development | 3 | 20.8 |
| Hinduja Group | Associate | 1 | 24 |
| EY | Consultant | 1 | 20-22 |
| Deloitte | Consultant | 3 | 23.5 |
XLRI BFSI & Others Sector Placements
The following table represents the BFSI & Others sector placements for the batch 2022 at XLRI:
| Name of the Companies | Designation | No. of Students | CTC |
|---|---|---|---|
| Goldman Sachs | Associate | 3 | 35-40 |
| JPMC | Analyst | 3 | 35-40 |
| Avendus | Investment Banking Associate | 2 | 25 |
| Citi Bank | Commercial Banking Analyst | 3 | 28 |
| ProgCap | Analyst | 0 | 40 |
| Lodha Group | Associate General Manager | 4 | 40 |
| M3M | Senior Manager | 4 | 22 |
XLRI Placements Sector-Wise
The following table represents the sector-wise placements that took place during the 2021 placement drive:
| Sector-wise Roles | No. of Placements |
|---|---|
| Consulting | 29% |
| Sales & Marketing | 16% |
| BFSI | 14% |
| Other | 41% |
Consulting firms extended offers to 29% of the candidates. Sales & Marketing and BFSI constituted 16% and 14% of the roles offered to Business Management students respectively. Other roles included niche functions in Product Management, Business Transformation, Brand Management, and Finance.
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XLRI Year-wise Placement Statistics
The following graph represents the year-wise placement statistics observed during the previous placement seasons:
| Placement Year | Average salary (INR. in LPA) | Median salary (INR. in LPA) |
|---|---|---|
| 2021 | 25.08 | 23 |
| 2020 | 24.30 | 23 |
| 2019 | 22.35 | 21 |
| 2018 | 20.10 | 21 |
| 2017 | 19.21 | 19 |
| 2016 | 18.50 | 18 |
The institute has witnessed a steady growth with regards to the Average and Median Salary packages, however, during the year 2020 and 2021, the median salary package has remained consistent.
XLRI Placements Batch Profile
The following table represents the batch 2021 profile of the Business Management Program:
| Batch Size | 101 |
| No. of Male Students | 62% |
| No. of Female Students | 38% |
| Average Work Experience | 27 Months |
| Work Experience | Freshers: 38% |
| 0-12 Months: 5% | |
| 12-24 Months: 21% | |
| 24-48 Months: 24% | |
| 36-48 Months: 10% | |
| >48 Months: 2% |
With regards to the Educational Background, the following table represents the academic background of the students:
| Academic Background | No. of Students |
|---|---|
| B.E/B.Tech | 67% |
| B.Com. | 16% |
| B.Sc. | 6% |
| BBA/BMS | 5% |
| BA | 3% |
| Others | 3% |
It is observed that, maximum number of students were from the B.E. / B-Tech course,
XLRI Summer Internship Placements 2024 Highlights
| Batch | 2020-22 | 2021-23 | 2022-24 |
|---|---|---|---|
| Total Students | 424 | 470 | 510 |
| Number of Companies | 126 | - | 103 |
| First Time Recruiters | 41 | - | - |
| Numner of Offers | - | - | 525 |
| Highest Stipend | INR 5 Lakhs | INR 6.8 Lakhs (For 2 Months) | INR 3.5 Lakhs |
| Average Stipend | INR 1.1 Lakhs | INR 1.28 Lakhs | INR 1.54 Lakhs |
| Median Stipend | INR 1.20 Lakhs | INR 1.27 Lakhs | INR 1.50 Lakhs |
| Average Stipend (Top 5%) | - | - | INR 2.35 Lakhs |
| Average Stipend (Top 10%) | INR 1.72 Lakhs | INR 1.82 Lakhs | INR 2.17 Lakhs |
| Average Stipend (Top 25%) | INR 1.57 Lakhs | INR 1.63 Lakhs | INR 2.02 Lakhs |
| Average Stipend (Top 50%) | - | - | INR 1.85 Lakhs |
| Top Recruiters | Amazon, Dabur, ITC | Coca Cola, Asian Paints, P&G |
During XLRI Summer Internship Placements 2024, 103 recruiters offered 525 placement offers to 510 students. The highest stipend stood at INR 3.5 Lakhs per month. Students received an average stipend of INR 1.54 Lakhs per month & a median stipend of INR 1.50 Lakhs per month. Average stipend stood at INR 2.35 Lakhs for top 5%, INR 2.17 Lakhs for top 10%, INR 2,02 Lakhs for top 25% & INR 1.85 Lakhs for top 50% of the batch.
The institute has completes its summer internship placement drive for the batch 2021-23, and the largest ever batch of 470 students participated in the placement drive.
During the summer internship placements of 2023, the highest stipend stood at INR 6.8 Lakhs for 2 months which was offered by the BFSI Sector and the average stipend increased by 5% Y-O-Y to INR 1.28 Lakhs whereas the median stipend stood at INR 1.27 Lakhs and top 10% and 25% students were offered the stipend of INR 1.82 Lakhs and INR 1.63 Lakhs respectively.
The top segment roles were offered from the Consulting, Sales and Marketing domains and some of the top recruiters like Coca Cola, Asian Paints, P&G, ITC and many others participated in the summer internship placement drive of 2023.
XLRI Summer Internship Placements 2023 Domain-Wise
The following table represents the domain-Wise summer internships of passing out batch of 2023:
| Domains | Percentage of Students offered Internships |
|---|---|
| Consulting / Advisory | 25% |
| IT and E-Commerce | 22% |
| FMCG | 17% |
| BFSI | 10% |
XLRI Summer Internship Placements 2022 Sector-Wise
The following table represents the sector wise summer internship placements:
| Sectors | Percentage of Offers |
|---|---|
| FMCG | 20% |
| BFSI | 14% |
| E-Commerce | 14% |
| Consulting & Advisory | 11% |
It is observed that the maximum number of offers were offered from the FMCG Sector.
XLRI Placement Sector-Wise Top Recruiters
Boston Consulting Group, Accenture Strategy, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Avendus Capital, Standard Chartered, Capgemini ELITE, Hindustan Unilever, and others. New recruiters included companies such as Arga Investment Management, Myntra, Power Finance Corporation, Thoucentric Consulting, Welspun, Tolaram Group, M H Alshaya, JCB, TCS, Vedanta, and etc were amongst some of the major recruiters.
| Sectors | Top Recruiters | Roles |
|---|---|---|
| Consulting | Bain & Company, The Boston Consulting Group, AT Kearney, Accenture Strategy, Deloitte, PwC, EY, KPMG, Everest Group, Infosys Consulting | Consulting |
| FMCG | P&G, Hindustan Unilever, ITC, Colgate Palmolive, Asian Paints, Samsung, Marico | Company Strategy, Sales & Marketing, Product Supply, Operations, IT and Human Resources |
| Pharma | Cipla, Dr. Reddy’s, Sun Pharma, Thermofisher, Aurigene Health Tech | |
| Finance | Goldman Sachs, J.P Morgan Chase, NIIF, Citibank, Standard Chartered, Kotak Mahindra Bank, ICICI, Edelweiss | Front End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, and Retail Banking |
| General Management | TAS, Aditya Birla Group, Mahindra, Capgemini ELITE, Reliance Industries, Xiaomi, RPG, Hinduja, ACT. | General Management |
| ITES, E-commerce and Online Services | Microsoft, Amazon, PayTM, PhonePe, Myntra, Ola, Media.net, Flipkart, Udaan, AirBnB, HCL, TCS, EXL, Byju’s, Unacademy, VMock | Product Manager, Program Manager, Business Development, Financial Planning |
| HR | P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase, and Co., Myntra, Ola, Power Finance Corporation, Samsung | Chief Talent Officer, HR Consulting, recruitment, Compensation & Benefits and HR Analytics. |
XLRI Jamshedpur Alumni Network
| Name of the Company | Number of Alumni |
|---|---|
| Accenture | 462 |
| Tata Steel | 386 |
| Amazon | 297 |
| TCS | 253 |
| Cognizant | 181 |
| EY | 162 |
| Microsoft | 121 |
| HSBC | 121 |
| XLRI Jamshedpur Jamshedpur | 107 |
| Unilever | 102 |
| L&T | 102 |
| Flipkart | 99 |
| ITC Limited | 93 |
| BCG | 92 |
| Procter & Gamble | 91 |
XLRI Placements FAQs
Ques. What percentage of the batch was offered Pre-Placement offers during the placement drive of 2021 at XLRI?
Ans. In the placement drive of 2021 at XLRI, around 33.33% of the batch was offered pre-placement offers.
Ques. In which sector does the maximum number of students were placed during the placement drive of 2021 at XLRI?
Ans. During the placement drive of 2021 at XLRI, the maximum percentage of students were placed in the Consulting sector (29%) followed by Sales & Marketing sector (16%).
Ques. What is the highest stipend offered during the summer internship placements of 2023 at XLRI?
Ans. In the summer internship placements of 2023 at XLRI, the highest stipend stood at INR 6.8 Lakhs for 2 months.
Ques. What is the average stipend offered during the summer internship placements of 2023 at XLRI?
Ans. In the summer internship placements of 2023 at XLRI, the average stipend stood at INR 1.28 Lakhs.
Ques. How many students participated in the summer internships placements of 2023 at XLRI?
Ans. During the summer internship placements of 2023 at XLRI, around 470 students participated.
Ques. How many companies participated in the summer internship placements of 2022 at XLRI?
Ans. In the summer internship placements of 2022 at XLRI, around 126 companies participated.
Ques. What sort of salary packages are offered at XLRI?
Ques. How many companies participated in the placement drive of 2021 at XLRI?
Ques. How many pre placement offers were offered in the placement drive of 2021 at XLRI?
Ques. Which are the top recruiting companies at XLRI?
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XLRI: 36 Answered Questions
What are the average, median, and highest salaries offered to XLRI HRM passouts?
It is important to understand that the offers that XLRI HRM pass outs receive can vary significantly, as they come from a diverse range of industries. While it is true that the average median salary for XLRI HRM pass-outs is Rs. 9.5 lacs and the highest salary offered is Rs. 12 lacs, it is important to keep in mind that these figures are just estimates, and actual salaries may vary depending on a number of factors such as the specific industry, the company, the individual's skills and experience, and the location of the job.
For freshers, it is common for the starting salary to be in the range of Rs 3-4 LPA.
However, it is worth noting that this is just a rough estimate, and actual salaries may differ based on the factors mentioned above. Ultimately, the salary that an XLRI HRM pass-out receives will depend on a variety of factors, and it is important to keep this in mind when considering job offers.
How is XLRI, with respect to job prospects and internships, when compared to IIMs?
In terms of job prospects and internships, XLRI Jamshedpur is in the same league as IIM A/B/C. The institute has a record 100% placement rate. During XLRI placement 2022, students received an average CTC of INR 30.7 LPA. The highest CTC offered was INR 60+ LPA. All major MNCs visit the campus placements. Microsoft offered the highest number of placements this year.
How much does the HR from XLRI get paid? How is life after HRM from XLRI?
XLRI's HRM program is one of the most sought-after management programs in India, known for producing competent HR professionals. Graduates of the HRM program at XLRI get hired by top-notch organizations and typically receive attractive job offers.
While the salary offered to XLRI HR graduates can vary depending on several factors like job profile, years of experience, location, industry, and company, the average pay scale for HR professionals in India is around INR 7-10 lakhs per annum for entry-level roles. However, XLRI HRM graduates generally tend to receive higher salary packages compared to other business schools due to the reputation of the program and the skills they possess.
Here are some points that will help you understand life after HRM from XLRI:
- HRM is a challenging and rewarding career path. As an HR professional, you will be responsible for handling crucial tasks like recruitment, performance management, employee engagement, employee relations, compensation, benefits, etc. You'll be working to ensure that employees have a positive experience while working with the company, which in turn will lead to better business outcomes.
- As an HRM graduate from XLRI, you will have excellent opportunities for placements in top companies in India and abroad. Many XLRI HRM alumni are currently working in reputed firms such as Deloitte, KPMG, PwC, Cognizant, etc. with handsome salaries and bright career prospects.
- XLRI has a strong alumni network, and graduates of the HRM program have the opportunity to network and connect with successful HR professionals from various industries. The alumni network can help you secure new job opportunities, learn about the latest trends in HR, and build lasting relationships.
- Life after HRM from XLRI can be challenging, with a busy schedule and tight deadlines. However, the program is designed to equip you with the necessary skills and knowledge to handle such situations. XLRI HRM graduates typically have a strong work ethic, good communication skills, and the ability to manage stress, which are valuable attributes for any HR professional.
- The program is designed to develop leaders who can make a positive impact on the organization and society. As an HRM graduate from XLRI, you will have a strong sense of purpose and social responsibility, which will guide you in your professional and personal life.
How is XLRI HR in terms of placements?
XLRI HR program is widely reputed inside as well as outside the country. Most of the chief HR positions in the industry are occupied by XLRI HR alumni. For HR, it offers the best placements.
XLRI HR average package stays around INR 23-25 LPA. According to the 2022 placement drive, the median CTC offered to the students was INR 30 LPA. EY, Rivigo, Samsung, Airtel are some of the major recruiters that frequent the campus drive.
How much packages can I expect if I get into the HR branch of xlri Jamshedpur?
When it comes to HR specialization, XLRI has emerged as one of the top-ranked institutions.
Candidates who graduate from this campus should expect to land high-paying positions with outstanding benefits. Many of the major multinational corporations participate in the placement and choose the best candidates from the campus.
Here is a brief overview of the placement highlights for the recent years at XLRI.
|
Average CTC |
25.08 LPA |
|
Median CTC |
23 LPA |
|
Highest CTC |
50 LPA |
|
Major recruiters |
ITC, Microsoft, Aditya Birla Group, TCS, etc. |
When it comes to the beginning and advancing your career in HR, the alumni is pretty good for XLers who support their group members, and it's a game-changer.
How are the XLRI GMP placements for candidates who came from a non-IT background?
XLRI is a really good institute to go for. The ethos, culture, and diversity are all enigmatic. One of my friends studying there suggests that you can learn and grow simultaneously.
- Placements for non-IT background students are comparatively less. Usually, the domain consultant role is offered.
- These domain consultants also get a chance to go abroad for further work experience.
- Nowadays, companies are also hiring, even being unsure about the candidate’s past work experience.
- You just evolve as your potential individuality begins to blossom. This is the most significant advantage of being in XLRI.
- Academics and case studies are generally the same across the board.
- The admissions process is a little stringent and filters out the “right” individuals.
Placement stats:
|
Categories |
GMP at XLRI |
|
Top recruiters |
Accenture, Aditya Birla Group, AgroTech, Airtel, Amazon.com, Capgemini, IBM, HCL, etc. |
|
Average salary package |
19.6 LPA |
|
Highest salary package |
48 LPA |
|
Median salary package |
19 LPA |
|
Course Fee |
20.95 lakh |
It is not a disadvantage to not be an engineer. A consulting career requires more analytical ability, business awareness, and thought process.
All you have to do is work a little harder to achieve your goals. So, go ahead and start preparing for your career and you'll make it. Ultimately your performance will matter rather than being an IT or a non-IT background.
What is the average package of an MBA in XLRI Jamshedpur?
XLRI has recently concluded its placement drive for the batch 2022, with an impressive 100% placement rate. A total of 99 selection representatives participated in the drive, including 23 new recruiters. The highest CTC (Cost to Company) offered was INR 60 Lakhs per annum, which was presented by the BFSI (Banking, Financial Services, and Insurance) sector. The average CTC offered was INR 30.73 Lakhs per annum and the median CTC was INR 29 Lakhs per annum. Additionally, around 40.28% of students received pre-placement offers.
The institution also released its placement report for the batch 2019-21, where the highest CTC offered was INR 50 Lakhs per annum, the average CTC was INR 25.08 Lakhs per annum and the median CTC was INR 23 Lakhs per annum. A total of 108 recruiters participated in the drive, out of which 23 were first-time recruiters and 33.33% of students received pre-placement offers.
In addition, XLRI has also recently completed its summer internship placement drive for the batch of 2022-24, with a total of 510 students receiving 525 offers. The highest stipend offered was INR 3.5 Lakhs per month while the average stipend offered was INR 1.54 Lakhs per month. The institution has thus demonstrated a consistent record of providing its students with opportunities to secure high-paying jobs and internships with top companies.
Is there anyone who remains unplaced from old IIM, XLRI, FMS Delhi, and NITIE? Is it possible to be?
Top B-Schools have created an Invincible persona and have successfully marketed it over the years; however, there is now a demand-supply mismatch, with seats at all B-Schools almost doubling or tripling in the last decade, and a slew of new IIMs or branches of top colleges such as MDI Murshidabad, IIFT Kolkata, NITIE, FMS Delhi, and XLRI Delhi. The colleges will suffer as a result of the lack of job offers from top companies. The only increase can be attributed to recently funded startups that have started hiring from these colleges by offering outrageous packages.
There are students who are unable to be placed during the normal Summers / Finals process, but these colleges use their star alumni base to place the remaining 5-8 students in companies cofounded by the alums or through alums who have been placed in top positions in traditional corporates.
How are the placements for engineers with no work experience at the IIMs, FMS Delhi and XLRI?
The two most important factors considered by recruiters during Placements at IIM ABC/FMS/XLRI are
- Brand of UG College - SRCC/Old IITs/BITS/CA
- High Academics - University RankHolders, City Toppers in Boards, or at least Department Rank Holders with 8.5+ in Engineering.
MBA scores are of much importance during Final Placements but are Not available during summer placement.
If you have passed the above criteria, you are most likely to land any job. Still, I have segregated the roles that require work experience and the roles that do not.
Roles that require work experience
- Operations/Supply chain/product management.
- Any role will require work experience if your above 2 criteria are not up to the mark.
Roles that do not require work experience
- Consulting
- Investment Banking
- PE/VC
- Marketing
- Corporate Finance roles
So most of the jobs do not require work experience. Even if they do only non-engineering work experience is of value unless you want to go into Operations/Supply chain/product management.
Which are the dream companies for an XLRI HRM student?
A dream company depends upon your choice and where your interest lies. Typically, HR Consulting, IR, Manufacturing, or Line HR Roles are more popular.
- If you are interested in HR Consulting then Hay group, Accenture consulting are considered a dream as both of these companies pay significantly higher than other companies like Mercer or Hewitt.
- If your interest lies in IR or Manufacturing then FMCG companies like P&G, Unilever, ITC, Asian Paints, etc should be your dream companies.
- If you are interested in Line HR or corporate HR only then Novartis, Stan Chat, Microsoft, or other big banks and the Software or product based companies etc. are considered dream companies. Novartis offered their position in Switzerland so it was a dream for many students.
Despite this, some students may be more interested in joining startups and building systems from scratch than in joining existing companies.
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Aditya Birla Group | Amazon | Bain & Company India Private Limited | Cisco |
| Cognizant | Dell | Ericsson India Pvt Ltd | Ernst & Young |
| Flipkart | Genpact | IBM | Johnson & Johnson |
| JP Morgan Chase & Co. | Mahindra & Mahindra | Maruti Suzuki | McKinsey & Co |
| Mu Sigma | Oracle | SAP | Texas Instrument |
| Wipro | Zynga | Accenture | Boston Consulting Group |
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