The 2004-2006 batch of 121 students of Xavier Institute of Management, Bhubaneswar bagged over 206 offers, an average of 1.7 offers per student, and drove the average salary up to INR 7.12 lakhs per annum, as against INR 5.24 Lakhs per annum the last year. Of all offers made, 20 were Pre Placement Offers. The highest domestic salary of 9 lakhs per annum was offered by ATOS Origin, followed by JP Morgan, with an offer of 8.6 lakhs per annum. On the international front, OLAM International made the highest offer of $85000 per annum.
Numerous companies like Infosys (26 offers), TCS (14 offers), IBM (11 offers), Wipro (10 offers), JP Morgan (6 offers), GenPact (10 offers), Mindtree Consulting (7 offers) and Ernst and Young (6 offers), made multiple offers.
Among lateral recruiters ATOS Origin, JP Morgan, Accenture, Infosys, Cargill India, and Wipro Technologies, ITC Infotech, Progeon, Mindtree Consulting made handsome offers. The IT sector, which amassed 34% of the batch, was once again the largest recruiter, followed by the consultancy firms which appropriated 22%. The Manufacturing Sector came in next with 16% closely followed by banking & Finance sector and FMCG Sector with 10% each.
A sector wise distribution of our key recruiters is given below:
IT & ITES — > IBM, ATOS Origin, Hewlett Packard, Wipro, Infosys, TCS, iGate, GenPact, ITC Infotech, WeP Peripherals, Progeon.
Banking and Financial Services –> CitiGroup, HSBC AMC, SBI, UTI, ICICI Bank, HDFC Bank, ICICI Prudential, NCDEX
Consultancies–> JP Morgan, Ernst & Young, McKinsey, Accenture, PwC, Mindtree Consulting.
FMCG and Consumer Durables –>OLAM International, Marico, United Breweries, Godrej, Cargill, Wipro Consumer Care, Cavinkare.
Manufacturing –> Maruti Udyog, Tata Motors, Ashok Leyland, AV Birla Group, Tata Steel, Godrej and Boyce, Pilkington, L&T;, BPCL.