Established in 1949, XLRI is the oldest management school in India. This prestigious institute has two campuses in India, the first one in Jamshedpur, Jharkhand, and the second one recently established as XLRI Delhi-NCR campus at Jhajjar, Haryana. Both campuses have triumphantly secured 100% placements for the graduating class of 2022-24 across their esteemed Two-year PGDM (BM) and Two-year PGDM (HRM) programs, with all 503 students receiving job offers in the Final Recruitment Process. In this blog, we will share a detailed overview of XLRI Placement Report 2024.
XLRI Placement 2024 Highlights
- Median salary: INR 28 LPA
- Average salary: INR 29.89 LPA
- Top 10th percentile average: INR 51.66 LPA
- Top 25th percentile average: INR 42.98 LPA
- Highest domestic offer: INR 75 LPA (from BFSI sector)
- Number of new recruiters: 65
XLRI Placement Report 2024
XLRI Final Placements 2024: 100% Placements with Minimal salary decline. for the graduating class of 2022-24 across their esteemed Two-year PGDM (BM) and Two-year PGDM (HRM) programs, with all, 503 students receiving job offers in the Final Recruitment Process. 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 XLRI Placement, 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 endeavor.
| Particulars | XLRI Placements Statistics 2024 |
|---|---|
| Number of Recruiters | 154 |
| Number of New Recruiters | 65 |
| Percentage of PPOs | 33.39% |
| Number of Students | 503 |
| Number of Offers | 520 (519 domestic and 1 international) |
| Highest Package | INR 75 LPA |
| Average Package | INR 29.89 LPA |
| Median Package | INR 28 LPA |
| Top Recruiters | Accenture Strategy, Amazon, Boston Consulting Group, HCL, Tata Steel |
XLRI Placement 2024 (Domain Wise Statistics)
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.
Consulting/Strategy
XLRI continued to be the destination of choice for consulting firms such as Accenture Strategy, Accenture Technology Consulting, Aon, Auctus Advisors, Bain & Company, Boston Consulting Group, Deloitte, Everest Group, Ernst & Young, EY Parthenon, Intueri Consulting, Kearney, KPMG, Michael Page, McKinsey, PricewaterhouseCoopers, Samagra Governance, StrategyTech Advisors, Sutra Management Consulting, Vector Consulting and others participating in the process. The surge in consulting roles can be primarily linked to the influx of various new consulting companies recognizing the exceptional talent pool at XLRI, underscored by our rigorous pedagogical approach. This growing interest is further bolstered by the distinguished track record of XLRI graduates in esteemed management consulting firms both in India and internationally.
ITES, E-commerce, Gaming and Online Services
Despite the downturn in the tech sector market, recruitment remained robust in areas such as Product Management, Analytics, and Programme Management. A wide range of leading firms, including Amazon, American Express, Atlassian, Cleartrip, Coforge, Cognizant, Ekincare, Ergode, FedEx, Flipkart, Genpact, GyanSys, HCL Technologies, Hexaware, iLink Digital, Inme, Intellect, LTTS, Media.net, NG-Next, PhonePe, Pine Labs, PlayGames 24×7, Poshn, Renewbuy, Searce, Star Disney, Tata Communications, Tech Mahindra, Texas Instruments, Winzo, and Xiaomi, continued to actively recruit, showcasing the industry’s resilience and the ongoing demand for skilled professionals in these key roles.
FMCG, Pharma and Real Estate
XLRI has established itself as a campus preferred by FMCGs, and the trend continued this year with top firms such as ABinBev, Amul, Asian Paints, Beam Suntory, Colgate Palmolive, Dabur, Diageo, Haleon, HCCB, Hindustan Unilever, ITC, Jubilant, L’Oréal, Marico, Mondelez, Nestle, P&G, Pepsico, Pernod Ricard, Philip Morris, Pidilite, Reckitt, Samsung Electronics and others participating. The process witnessed hiring by companies in the pharma chemical sector such as Sun Pharma, Becton Dickinson, among others. Real estate developers viz. Godrej Properties, Abhinandan Lodha Enterprises and Landmark Group participated in the process for the first time. Roles in Strategy, Sales & Marketing, Supply Chain, Operations, IT and Human Resources were offered to the graduating students.
BFSI
The Finance sector was another major contributor, with the participation of firms such as Amazon, Angel One, Axis AMC, Bandhan Bank, Centrum Capital, Citi, Cleartax, Credit Saison, DBS, DE Shaw, Deutsche Bank, ETLI, Goldman Sachs, HDFC, HDFC Ergo, ICICI, Indigo Edge, IndusInd, JPMC, Kotak, L’Oreal, Natwest, NPCI, Piramal Enterprises, SimpL, SUD Life, TransUnion CIBIL, and Yes Bank, among others. The roles offered in this domain were Front End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, and Retail Banking.
Manufacturing, Energy and Telecommunications
Manufacturing & Energy sector witnessed the boarding of recruiters such as BMW, Castrol, Crompton Greaves Essar, Exide Industries, KDDL, Ola, Saan Global, Shree Cements, Tata Power, Titan. Other legacy recruiters in these sectors were Bajaj Auto, Renew Power, Shell, Varroc. Airtel, Tata Electronics, and Vi were among other established firms in the telecommunications sector.
General Management
Roles in General Management were offered by conglomerates such as ABG, Bajaj Finserv, Capgemini, JSW, L&T, Mahindra, Reliance, RPG, RPG Zensar, TAS, Tata Steel and other firms.
HR
XLRI holds the distinction of being the top choice for HR studies in the nation, drawing interest from a broad spectrum of companies for HR roles, including ABG, Accenture TAP, Airtel, Amazon, Asian Paints, Bajaj Auto, Essar, Godrej Properties, HDFC Ergo, HUL, ITC, Ola, Reliance, Sun Pharma, TAS, Tata Electronics, Tata Steel, Vedanta, and more. The HR positions offered span a diverse range of functions such as HR Consulting, Recruitment, Compensation & Benefits, HR Analytics, and Chief of Staff roles. Leading consulting firms like Aon, KPMG, PwC, EY, and Deloitte specifically target XLRI students for exclusive HR consulting positions, underscoring their confidence in XLRI graduates as the future leaders in HR.
XLRI Placement Batch Profile 2022-24
XLRI Summer Placements 2023-25
XLRI – Xavier School of Management has successfully achieved 100% placements for the batch of 2023-25 for its flagship two-year programs – Postgraduate Diploma in Human Resource Management and Postgraduate Diploma in Business Management. The largest batch in the Institute’s history, comprising 591 students across the Jamshedpur and Delhi-NCR campus participated and secured 604 offers during the process from 139 firms, including 63 new recruiters, across Consulting, Finance, Sales & Marketing, General Management, Product Management, Operations, Analytics, and Human Resources, among other roles.
XLRI achieved an average and median stipend of INR 1.41 lakh per month (LPM) and INR 1.5 LPM respectively. The highest stipend stood at INR 3.5 LPM from the BFSI sector.
The average stipend for the top 5 percent, top 10 percent, top 25 percent & top 50 percent stood at INR 2.35 LPM, INR 2.27 LPM, INR 2.12 LPM & INR 1.86 LPM respectively. 84% of all the offers secured will draw a stipend of at least INR 1 LPM, with 52% drawing at least INR 1.5 LPM.
Key Highlights of XLRI Summer Placements 2023
The median stipend offered to the batch stood at INR 1.5 lakh per month with the top 10th and 25th percentile average being INR 2.27 LPM and INR 2.12 LPM, respectively.
The top domains based on the roles offered were FMCG, Management & Advisory Consulting and BFSI.
Accenture Strategy, Amazon, Asian Paints, Bajaj Auto, Boston Consulting Group, HDFC Bank, HUL, ICICI Bank, Ola Cabs, Procter & Gamble and Tata Steel made the highest number of offers among the recruiters.
The highest offer (domestic) at INR 3.5 lakh per month by JPMC from the BFSI sector.
No. of new recruiters: 63
New recruiters to the SIP process included BMW, Castrol, CK Birla, Deutsche Bank, Diageo, Daimler, HDFC Bank, JM Financial, L’oreal, Myntra, NIIF, NK Securities, Ola Cabs, Pharmarack, Pine Labs, Redseer Consulting, Shell, Texas Instruments, Vector Consulting and Zomato among others.
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