XLRI achieved 100 per cent placements for the outgoing batch of 2019-21 for its flagship programs two-year Postgraduate Diploma in Human Resource Management and the two-year Postgraduate Diploma in Business Management.
All the 358 candidates secured offers through the final recruitment process in a record two days last week, despite the shadow of the Covid-19 pandemic.
The final recruitment process saw participation from 108 recruiters with 370 domestic and international offers, inclusive of 23 new finals recruiters.
The average salary offered to the batch stood at Rs 23 lakh per annum with the top 10th and 25th percentile average being Rs 37.49 and 34.80 lakhs per annum, respectively.
It saw an increase to Rs 25.08 lakh per annum from Rs 24.30 lakhs per annum in 2020.
The highest domestic offer at Rs 50 lakh per annum was from the Banking, Financial Services and Insurance (BFSI) sector.
Information available from the institute's placement committee revealed that 23 new recruiters took part in the placement process.
Some of the new recruiters included companies such as Mastercard, DE Shaw, Airbnb, DBS Bank, Nykaa, Freshworks, ZS Associates, Tata Electronics, ProgCap, Rebel Foods and IDFC Bank.
Boston Consulting Group, Bain and Co., PricewaterhouseCoopers, Accenture Strategy, Amazon, ITC, PayTM made the highest number of offers among the regular recruiters.
In all 33.33 per cent of the students received pre-placement offers.
The top segments based on roles offered were consulting, sales and marketing and BFSI.
Consulting firms extended offers to 29 per cent of the candidates. Sales and marketing and BFSI constituted 16 per cent and 14 per cent of the roles offered to the students respectively.
This year also saw healthy participation from PSUs like Power Finance Corporation, GAIL, and others.
Director of the institute Fr. P Christie on Thursday said that the entire placement process was conducted in a virtual mode this year.
Expressing his happiness, the director said, “We are delighted to announce that despite the pandemic and its adverse ripple effects on the global economy, XLRI has achieved 100 per cent placements in a record timeframe.”
“We attribute the outstanding placements as an affirmation by the corporate world of the highly relevant management-centric education we strive to deliver to our students year after year. This stellar success is a testimony to our students' resilient calibre in navigating the industry's shifting trends and their future journey as young business leaders of tomorrow,” he added.
