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

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