Major Corporate Converge at XLRI Summer Placements, Offer High Stipends

Major Corporate Converge at XLRI Summer Placements, Offer High Stipends

Reflecting the growing brand equity of both XLRI’s Business Management as well as the top notch PM&IR programme, this year saw 17% of the batch opting for consulting profiles with premier recruiters like Accenture, Cognizant, Deloitte Consulting, Ernst & Young, Hay Group, Hewitt Associates, IBM, KPMG Consulting, Mercer and SAP America.

XLRI’s proven track record as an FMCG favourite was reinforced by the active participation of top organizations - Asian Paints, Britannia, Cadbury, Coke, Colgate Palmolive, GlaxoSmithKline, Godrej, HLL, ITC, Marico, Nestle, P&G, Pepsi, Reckitt Benckiser and Seagram. 25% of the students signed out with offers from FMCG / Manufacturing firms.

The new entrants in the IT / ITES / Technology Sector were Yahoo (1), Dell (6), Microsoft (4) and Nokia (3).This sector accounted for 19% of the batch.

Major recruiters from business conglomerates included Aditya Birla Group, L&T, Murugappa Group, RPG and TAS with 24 students opting for them.

According to Prof. Uday Damodaran, Chairperson (Placement), "This year we have far exceeded the exacting standards that we had set for ourselves for the Summer Internship Programme. The numbers are there for all to see - the large number of companies participating, the number of new recruiters, the very high stipends, etc. But more than all that we are very happy that the major stakeholders in the process - the students and the recruiters - were extremely pleased at the outcome of the process."

Concluded.

Contributed by -
Dr. Madhukar Shukla,
Professor (OB & Strategic Management),
XLRI, Jamshedpur.

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