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XLRI: 200 internship offers made to 180 students

The average stipend for the internship period stood at over Rs 85,000 for the duration of the internship, representing an increase of 60% from the figure recorded last year. Over 45 students will draw a package in excess of Rs one Lakh for the internship period this year. The highest stipend for an international internship was offered by a Wall Street Investment Bank at its trading desk in Hong Kong for which the students would receive a package in excess of Rs 500,000 for the internship period. The highest domestic stipend stood at over a sum of Rs 300,000 by an investment bank at the Mumbai desk.

The private equity and investment banking space saw the participation of J P Morgan Chase, who recruited for international desks as well. Lazard, a first time participant, recruited for their Mumbai operations. The Carlyle Group, a private equity player, also participated in the process. Edelweiss Capital, Allegro Advisors and SBI Capital represented the Indian Investment Banking industry. The commercial banking space saw participation from international firms such as Citibank, HSBC and Standard Chartered, ICICI and Axis Bank offering roles in treasury, commercial and consumer banking. Larsen & Toubro recruited for its treasury division. Hindustan Unilever offered international roles in their Commercial division for XLRI students. Multi Commodity Exchange (MCX), and Clearing Corporation of India Ltd (CCIL) offered roles in Bond Valuation and Commodity Futures Trading. Among others were CantorCO2e offering roles in carbon trading and the National Stock Exchange. WNS and Wipro also offered roles in the corporate finance department.

Hindustan Unilever, Procter & Gamble, Coca Cola, offered Marketing, Branding, and Sales roles across various geographies. Procter & Gamble offered the marketing roles in Singapore at XLRI and HUL offered roles in Sales & Marketing across international locations. ITC, Nestle, Colgate Palmolive, Cadbury, Johnson & Johnson, Reebok, Marico and GSK among others offered a range of options to students to intern in Sales or Marketing functions. The range of offers across all slots seems to signify the inherent strength in the FMCG space, which was very aggressive in terms of offers, locations and stipends this year. A new sector to be added to the portfolio this year was that of Brand Consulting, with The Alia Group and Vertebrand participating in the internship program.

Indian Companies recruiting for General Management roles included TAS and the Aditya Birla Group offering over 20 positions in USA, Europe and India. Indian Industry was further represented by the likes of Mahindra & Mahindra, Punj Lloyd, Apollo Group among various others.

Novartis offered HR roles in their leadership program based out of Basel, Switzerland. The Al Ghanim group too offered roles in HR at Kuwait. HUL, & Procter & Gamble offered HR roles in there global offices in Singapore and other international locales. The Aditya Birla Group offered internship positions at Atlanta, USA among others. Ernst & Young, Hewitt & Associates, KPMG, Mercer and Reach Potential offered roles Human Capital Consulting. Microsoft and Deloitte offered corporate HR roles to students.

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