Average stipend for top 10%, 25%, and 50% of students stood at INR 2.54 LPM, INR 2.42 LPM, and INR 2.27 LPM, respectively.
XLRI - Xavier School of Management has announced successful summer placements for its PGDM (BM) and PGDM (HRM) batch of 2024-26, securing a 100% placement rate. The placement drive, involving 576 students across XLRI’s Jamshedpur and Delhi-NCR campuses, attracted 133 recruiting firms, including 37 new recruiters, which provided a total of 604 offers in Consulting, Finance, Sales & Marketing, General Management, Product Management, Operations, Analytics, and HR.
Placement Highlights
- Average & Median Stipend: INR 1.67 LPM and INR 1.60 LPM, respectively.
- Top Stipend: INR 3.50 LPM, offered by firms in the BFSI sector.
- Top Percentile Stipends: Average stipend for top 10%, 25%, and 50% of students stood at INR 2.54 LPM, INR 2.42 LPM, and INR 2.27 LPM, respectively.
- Stipend Distribution: 84% of offers carry a stipend of at least INR 1 LPM, with 64% of these at INR 1.5 LPM or above.
Fr. S George S.J, Director of XLRI, highlighted the achievement as part of the institution’s Platinum Jubilee celebrations, noting, "Despite global economic uncertainties, our students and faculty have demonstrated resilience and excellence."
Prof. A. Kanagaraj, Chair of Placement Affairs, noted the significant diversity in the batch, contributing to its attractiveness to first-time recruiters such as Accordion Partners, Amdocs, Barclays, and Sony Pictures.
Sector Highlights
- Consulting & Advisory: Leading consulting firms like Boston Consulting Group, EY Parthenon, Accenture Strategy, McKinsey & Company, and PwC participated in the process.
- BFSI: Major firms like JPMC, Rothschild & Co., Axis Bank, Goldman Sachs, and HSBC recruited for roles in investment banking, wealth management, and retail banking.
- FMCG & Consumer Durables: Companies like HUL, Coca-Cola, P&G, Marico, and Nestle offered roles, underscoring XLRI’s strength in FMCG placements.
- Conglomerates: Aditya Birla Group, Reliance Industries, and Godrej Group were among the top recruiters in this sector.
- IT and E-commerce: Firms including Amazon, Flipkart, Microsoft, and Mastercard showed strong participation.
This placement season marks another milestone for XLRI, reaffirming its leadership in management education by consistently delivering top-tier talent to a diverse array of industries.
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For XLRI FPM students, a monthly stipend of INR 45,000 will be awarded for the first two years and INR 50,000 for the next two years. Fellowship will be paid only to full-time residential students, and for a period of four years. Extension of financial aid for the fifth year is possible depending on the candidates' academic performance.