Recruiters
Tailor Specific Roles to Woo Best Business Grads at XLRI Final Placements
The placement season for the
batch of 2008 ended on an exceptional note, with the batch of
180 students placing themselves in the cr�me
de la cr�me of corporate responsibilities across the domain of business
expertise. A notable feature of the
entire process was not just the increased leeway for the average student to
choose, but also depth of specific roles that were tailored to woo the best of
the country's business graduates. 298 offers
were made for a batch of 180 students, with the average
domestic offer coming in at INR 14.75 Lakhs and the
highest domestic offer being INR 28.0 Lakhs.
12 international offers were also made with
an average international salary of $ 90,000 USD.
The first time recruiters
included the likes of JM Financial, Barclays, Kotak, 8 Capital Hedge Fund,
Centrum, Aptivaa, among others. 8 Capital Hedge Fund recruited
exclusively from XLRI while P&G for the first time offered branding roles for
XLRI students.
31% of the offers were made in
the Finance domain, in Private Equity, Hedge Funds Investment Banking,
Treasury, Commercial Banking, Relationship Management, Trading, Mergers &
Acquisition Advisory, and Human Relations, among others. A plethora of
multinational and domestic giants such as Lehman Brothers, Goldman Sachs, JP
Morgan Chase, JM Financial, HSBC, Citibank, Barclays, Deutsche Equities,
Standard Chartered, 8 Capital Hedge Fund, ICICI Bank, ICRA, Kotak and Centrum,
were among the first to recognize the ever-increasing stature of XLRI in the
Financial Domain. The quality of candidates was impressive enough for the
recruiters to offer treasury roles at their offices in London, Toronto, and
Bahrain.
Consulting roles offered
on campus followed the same pattern. McKinsey, Accenture, The Hay Group, Ernst &
Young, KPMG, Mercer, PWC, Hewitt Associates, Deloitte, Aptivaa were some of the
global players who contributed to the added portfolio of consulting options that
the typical student found in her consideration set. 21% of the students accepted
these offers which were spread across verticals - Strategy, Banking and
Financial Services, Human Resources, Risk Management, among others.
Keeping in tradition with its
image of a veritable powerhouse of Marketing & Sales talent, XLRI was the
hub of the best of the global FMCG majors vying for a share of the marketing
interest in the batch. Procter & Gamble, Hindustan Unilever Limited, Johnson &
Johnson, Colgate Palmolive, Nestle, Cadbury, Asian Paints, Reckitt Benckiser,
Marico, Glaxo Smithkline, ITC, Pepsi, were some of the recruiters to reinforce
their traditional relationships with the campus and 23% of the students accepted
offers in this domain. Along with the traditional sales positions, branding and
marketing roles (with international locations) were the new positions that the
same recruiters offered. Notably, Global Sales and Strategy were offered as
lateral entry positions by IT majors like Infosys and HCL Technologies - a
paradigm shift from the traditional breadth of branding on campus.
General Management was the
new flavour of a placement season that saw renewed interest in taking up dynamic
responsibilities across a spectrum of verticals. TAS, Al Ghanim, The Aditya
Birla Group, The Hinduja Group, Essar, The Murugappa Group, offered both
national and international roles with compensation packages that reflected the
gravity of responsibility thrust on the new recruits. 14% of the batch snapped
up offers in this arena.
Microsoft, HCL, Infosys,
Cognizant, Wipro, and others lead the Technology sector that offered
lateral roles for students with previous experience in handling Information
Services. 11% of the batch took to these offers.
With the students leaving such
footprints, Prof. Uday Damodaran, the Chairperson of the Placement
Committee, said, "There is nothing more gratifying than seeing an entire batch
of graduating students being rewarded for their two-year study with career
starts in exactly the sort of roles they aspired for. This year, yet again, we
at XLRI are happy that we have been able to provide each student with a dream
start to his/her career. The quality and diversity of roles that were on offer
this year surpassed all previous standards that we had set for ourselves."
