PGDM-Business Management 2008-2010
Following the downswing in the world economic environment in 2008, the academic year 2009-10 brought with it a fresh lease of vibrancy which Xuberance 2010, the Annual Campus Recruitment Process of Xavier Institute of Management, Bhubaneswar (XIMB), captured to its utmost extent.
Xuberance 2010 was successful in drafting yet another glorious chapter in the placement record book of XIMB with 100% placements for the Post Graduate Diploma in Management (PGDM) course reinforcing the strong academic culture of the institute. Xuberance 2010 witnessed the participation of regular recruiters aptly complemented by a plethora of new entrants.
The batch of 2010 saw an average salary of Rs. 10.52 lakhs per annum, a 45% increase as compared to the previous year. With over 27% of the batch receiving pre placement calls from their summer internship organizations, the momentum of placements continued with over 58 companies participating in Xuberance 2010. Of these 16% were first time recruiters.
Xuberance 10 saw regular recruiters like Cognizant, OLAM International, HCCBPL, Deloitte, UB Group, Vodafone, Infosys, HP, Tata Corp HR, TCS, HSBC, Wipro, Axis Bank, Dr. Reddy's, Essar Group, Societe Generale, ICRA, Tata Steel, Fidelity, Mahindra, Idea, SBI, Tata Tele Services strengthen their relationship with XIMB. New bonds were formed with Nokia, Dell, RBS, Religare, Daimler, Vista Soft, AATCO and many others - a testament to the growing brand equity of XIMB. The profiles offered varied in their diversity, encompassing Corporate Finance, Equity Research, Investment Banking, Marketing, Sales and Distribution, Supply Chain Management, Business Consulting, IT consulting, Industrial Relations and Corporate HR.
The international placements of Xuberance 2010 made a mark with organizations like OLAM international and AATCO offering varied profiles and alluring pay packages. OLAM International offered the highest international package of USD 150,000 per annum in the General Management profile.
The highest domestic salary scaled up to Rs. 18 lakhs per annum , a 12.5% increase over last year. The average salary saw a rise of 45% as compared to the previous year and stood at Rs. 10.52 lakhs per annum with the median salary at Rs. 9.5 lakhs per annum. The year also witnessed students diverging from the conventional path to taking the road to entrepreneurship.
A new paradigm was established in the Consulting area with 17 % of the students foraying into this field. Cognizant along with Deloitte and Hewlett-Packard were some of the major recruiters in this area offering roles in Business Consulting.
IT provided a great fillip with the major IT behemoths absorbing 15% of the batch. The likes of Cognizant, Tata Consultancy Services, Infosys, and Wipro offered diverse roles in the IT sector. This sector also saw young, fast growing organization like KalingaSoft recruiting students.
In the finance sector, the campus was visited by the likes of HSBC, RBS, Religare, Irevna, ICRA, State Bank of India, Axis Bank, Fidelity and Vista Soft, recruiting 26% of the batch. The profiles covered all the major sectors of finance ranging from Asset Management, Corporate Finance, Equity Research, Risk Management and Banking.