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XLRI Summer Placement Report 2018: Highest stipend of Rs 5 lakhs

Oct 23, 2017 12:33 IST
XLRI Summer Placement
XLRI Summer Placement

XLRI or the Xavier’s Labour Relations Institute, Jamshedpur – has completed their summer placement drive for the year 2018. The Summer Internship Placement Process (SIP) at XLRI was concluded within just two days with 100% placement of the students. Keeping up with the general trend across all top MBA Colleges in India, the institute registered healthy growth in the average, mean and median stipend packages being offered to the students. The average and median stipend numbers registered a healthy growth of around 20%. The main highlight of XLRI Summer Placement 2018 was the highest stipend package of Rs 5 lakhs for 2 months. To better understand the placement numbers and evaluate the general trend in terms of MBA summer placements at XLRI let us look at the numbers in detail.

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Recruiters and Student Participants

This year’s XLRI Summer Internship Placement Process (SIP) was one of the most successful for the B-school as it managed to secure 100% placements for their students. A total of 364 students from the batch of 2017-19 had managed to secure summer placement offers during the SIP.

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As far as recruiters are concerned, nearly 90 companies including top brands from across India had participated in the Summer Placements Programme at XLRI. These recruiters offered roles in to different domains including marketing, operations, industrial relations, consulting, finance, sales, human resources and business development. Apart from the loyal recruiters, the list of new organizations joining the placement programme was also long and extensive one.

Top recruiters this year at XLRI summer placements 2018 included Coca-Cola, PwC, HCCB, Boston Consulting Group, Uber, Mondelez, P&G, ITC, HUL, RPG, GSK CH, Microsoft, ABG, TAS and many others.

Sector Wise Offers

In terms of sector wise classification of the summer placement offers, the FMCG sector emerged as the top recruiter at XLRI with 27% of the total share. The second in line was sales and marketing roles which grabbed 25% of the total offers made. The presence of technology firms such as Uber also saw a significant jump to 20%. Other dominant sectors at XLRI’s summer placement programmes include Conglomerates with 16% share, BFSI with 13% share and Consulting with 11% share. Minor sectors such as Pharma, Auto, Media and Telecom were all accommodated within the remaning 13% share of the offers made.

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There was a significant increase in operations roles with firms like Reckitt Benckiser and Colgate-Palmolive opening their Operations roles for students. With 17% Operations and 17% General Management, and 11% consulting roles, the diversity was clearly evident.

Social Service Sector Internships

Apart from general management and other sectors, XLRI is known in the market for producing quality managers for the social sector with the help of Parivartan - the Social Sector Internship Program of the B-school. This year’s Summer Internship Placement Programme (SIP) has again reaffirmed this fact. This year as well, the b-school students were hired by top names in the social sector including Bill & Melinda Gates Foundation, Tata Trust, Dr. Reddy’s Foundation, and E-Vidyaloka through Parivartan.

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The general trend at XLRI’s Summer Internship Placement Programme 2018 has hinted that there is positive sentiment among the recruiters with regards to hiring talented managers from top B-schools in India. If the trend is anything to go by, we can see healthy growth in the final placement statistics at top MBA colleges in India including XLRI. For more interesting news and updates about MBA placements and MBA exam prep, please visit mba.jagranjosh.com. You can also subscribe to our newsletter to get these insights directly in your inbox. If you feel that this article was worth a read, please share it among your friends as well.

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