XLRI releases SIP report for the batch of 2019-21. Highest offer INR 5 lac; Avg. 2.4 lac
by Campusutra Online education -Best MBA Education PortalXLRI – Xavier
School of Management announces the completion of
its Summer Internship Placement
Process (SIP) for the batch of 2019-21 within two days. The batch
consisting 361 students has achieved 100% placement.
This year, the Summer Internship
Process saw participation from 86 recruiters, including 11 first-time
recruiters. The average stipend saw an increase to Rs. 1.2 lakh per month from
Rs. 1.07 lakh per month in 2018. The median stipend offered too was Rs. 1.2
lakhs per month. The highest stipend stood at Rs. 2.5 lakhs per month offered
in the BFSI sector.
The top segments based on roles
offered were Consulting, Sales & Marketing, and BFSI. Consulting firms
extended offers to 16% of the candidates. Sales & Marketing and BFSI
constituted 40% and 17% of the roles offered to Business Management students
respectively. Other roles included niche functions in Analytics, Product
Management, Business Development, Brand Management, and Strategy. Organizations
from a wide spectrum of sectors participated in the process, including FMCGs,
Consulting, Pharma, IT and e-commerce, Auto, Mining, Oil & Gas and Telecom.
Orgaizations who participated for the first time included firms such as Bain
& Co., Amazon, NIIF, PhonePe, Udaan, Shell, Diageo, Ola, Adani, Rupeek and
others.
Amazon made the highest number of
offers amongst the regular recruiters such as The Boston Consulting Group,
Microsoft, P&G, Aditya Birla Group, ITC, Nestle, Hindustan Unilever,
Mondelez, Mahindra & Mahindra, Citibank and others. First-time recruiters
included companies such as Bain & Co., Adani Group, Diageo, NIIF,
Kornferry, PhonePe, Mars and Udaan, amongst others.
“This has been a good year for
summer recruitments. We are extremely grateful to all the recruiters for
showing belief in the XLRI institutional brand and our students. The
spectacular placements achieved this year is a testament to our diverse talent
pool and the XLRI brand and has raised the bar for placements in B-schools in
the country,” commented Fr. P. Christie S.J., Director, XLRI-
Xavier School of Management.
Sector-wise Turnout:
HR: Widely regarded as the best college in the country for HR, HR roles were offered by firms spanning the spectrum such as P&G, Mondelez, Nestle, RB, Colgate Palmolive, RPG, Accenture, ITC, Udaan, PhonePe, Reliance, Ola, Bajaj, Coca Cola, CISCO Mars and others. HR roles offered also included recruitment, HR consulting and HR analytics.
Consulting: Consulting was a big draw this year with firms such as The Boston Consulting Group, Bain & Co., AT Kearney, Accenture Strategy, EY, PWC, Kornferry, KPMG, Aon and others participating in the process.
BFSI: Finance
did exceedingly well this year aided by the participation of firms such as
Citibank, J.P Morgan Chase, Goldman Sachs, Standard Chartered, NIIF, RBS, DBS,
Axis Bank & Axis Capital, ICICI and others. The roles offered were Front
End Investment Banking, Global and Corporate Banking, Wealth Management, Global
Markets and Retail Banking.
FMCG/Telecom/Media: XLRI has established itself as a campus preferred by FMCGs and the trend continued this year with top firms such as P&G, Hindustan Unilever, Nestle, Mondelez, ITC, RB, Colgate Palmolive, J&J, Asian Paints, Samsung, Philips, Coca Cola, Marico, Mars, Pidilite, GSK, Diageo, AbInBev, Dr Reddy’s and other participating. The process also saw participation from other firms in this segment such as Star, Airtel and Vodafone Idea. Roles in Sales & Marketing, Product Supply, Operations, Corporate Finance, IT and Human Resources were offered.
General Management:
Roles in General Management were offered by conglomerates such as TAS, Aditya
Birla Group, Mahindra, Reliance Industries, RPG, Capgemini ELITE, Bajaj
Finserv, L&T, ACT and others.
Manufacturing and Automotive:
Steel giants such as Tata Steel and JSW also participated in the process along
with regular recruiters from the automotive sector such as Bajaj.
ITES/E-commerce/Analytics:
E-commerce saw a massive jump in offers being extended led by Amazon. The firms
in this segment include Microsoft, Amazon, Media.net, PhonePe, Flipkart, Oyo
Rooms, Wipro, Microland and others. The diverse set of roles offered were
Program Manager, Product Manager, Category Manager, Business Development and
Operations.
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Created on Oct 22nd 2019 04:26. Viewed 327 times.