XLRI final placements 2012: Goldman Sachs, Airtel and McKinsey among top recruiters
XLRI Jamshedpur (Photo: Anusheel Shrivastava)
XLRI School of Business and Human Resources, Jamshedpur completed its final placement for the batch of 2012 last week. A total of 284 offers (including 52 lateral and 72 pre-placement offers) were made by 73 companies out of which a total of 234 offers made by 70 companies were accepted by the 2012 batch comprising 115 Business Management (BM) students and 120 Personnel Management and Industrial Relations (PMIR) students. One student decided to opt-out of the placements to join his family business.
Batch strength | 235 (BM: 115, PMIR: 120) |
Total offers made | 284 |
No of students opting-out | 1 |
Lateral offers made | 52 |
Lateral offers accepted | 48 |
PPOs made | 72 |
PPOs accepted | 62 |
International offers made | 6 |
International offers accepted | 6 |
The institute provided the function-wise drilldown for both the BM and PMIR batches separately.
Business Management
PMIR
The institute provided the above function-wise breakdown and also stated that 92.5% of the PMIR batch had been placed in human resource (HR) roles. When asked how the functional breakup could simultaneously be the one shown in the chart as well as one with 92.5% HR roles, the institute stated that 92.5% of the batch was placed in HR consulting roles or in the internal HR (training and development, rewards and compensation, career advancement and so on) functions of marketing, finance, or general management. The institute added that the remaining 7.5% were offered the same general management profiles as were offered to BM students. Thus, a portion of the pie-chart above includes students who would be joining non-HR general management roles too.
Finance: Goldman Sachs recruited the most, making 12 offers for asset management and investment research roles. Other recruiters were Standard Chartered, NM Rothschild, Citibank, Nomura, Bloomberg and ICICI Bank. Corporate Finance roles were offered by Airtel, Cairn India Energy and Reliance Industries.
Consulting: Mckinsey and Co as well as Boston Consulting Group were among the top recruiters. Other recruiters included Deloitte consulting that offered for its Strategy & Operations as well as Human Capital divisions. KPMG, Ernst & Young as well as IBM Consulting made the highest number of offers for their Human Capital practices.
Marketing: Airtel was amongst the top recruiters with 12 offers in the marketing function. Other leading marketing companies, which came for recruitments included Unilever, Johnson & Johnson, Nestle and PepsiCo.
General Management: TAS, Cairn India Energy, Aditya Birla Group, Mahindra, Hinduja Group, Lodha Group, Reliance Industries, RPG, Coromandel and Olam International were among the top names recruiting across BM and PMIR. Companies such as Hinduja offered both internal HR roles to the PMIR groups and also made offers to students of the BM batch for its other divisions.
Average salary by function for Business Management graduates
Function | Average salary in Rs (lakhs/annum) |
Consulting | 17.10 |
Finance | 16.04 |
General Management | 20.39 |
Marketing | 15.35 |
Operations | 15.85 |
Others | 16.50 |
Average salary by function for PMIR graduates
Function | Average Salary in Rs (lakhs/annum) |
Consulting | 16.28 |
Finance | 12.60 |
General Management | 16.70 |
Marketing | 15.78 |
Others | 16.10 |
Sector-wise drilldown
Sector-wise breakup for Business Management jobs
Consulting | 27.19% |
FMCG | 25.44% |
BFSI | 25.44% |
Conglomerate | 10.53% |
Telecom | 5.26% |
Energy | 1.75% |
Manufacturing | 1.75% |
Pharma & Healthcare | 0.88% |
Executive Search | 0.88% |
E-Commerce | 0.88% |
Sector-wise average salary for BM
Sector | Average Salary in Rs (lakhs/annum) |
BFSI | 14.91 |
Conglomerate | 18.36 |
Consulting | 17.04 |
E-Commerce | 12.00 |
Energy | 17.00 |
Executive Search | 16.50 |
FMCG | 16.23 |
Manufacturing | 12.25 |
Pharma & Healthcare | 16.00 |
Telecom | 15.50 |
Sector-wise breakup for PMIR
Consulting | 35.00% |
FMCG | 20.83% |
Conglomerate | 16.67% |
BFSI | 6.67% |
Manufacturing | 4.17% |
Telecom | 3.33% |
ITES | 3.33% |
E-Commerce | 3.33% |
Energy | 1.67% |
Pharma & Healthcare | 1.67% |
Real Estate | 1.67% |
Software | 0.83% |
Infrastructure | 0.83% |
Sector-wise average salary for PMIR
Sector | Average Salary in Rs (lakhs/annum) |
BFSI | 13.00 |
Conglomerate | 15.53 |
Consulting | 16.23 |
E-commerce | 14.25 |
Energy | 13.50 |
FMCG | 16.47 |
Infrastructure | 12.50 |
ITES | 12.06 |
Manufacturing | 13.00 |
Pharma & Healthcare | 16.00 |
Real Estate | 18.00 |
Software | 14.50 |
Telecom | 15.50 |