XIMB Final Placements 2023: Institute Sets The Bar High With Top CTC At INR 71.51 LPA!
XIMB (Xavier Institute of Management Bhubaneswar) is XIM University’s flagship management institute that has been recognized as a premier Business School in the country over the past 36 years. The Institute aspires to lead the country in management education by focusing on research and innovation. XIMB recently concluded the final placements for its MBA 2021-2023 batch with remarkable results. MBA Business Management had average CTC YoY growth of 14.48% while MBA Human Resource Management had average CTC YoY growth of 10%.
Here is a quick look at XIMB’s placement season 2023.
XIMB Placements 2023: Key Highlights
The campus engagements at XIMB start with Annual Leadership Talk (ConeXus) where the companies interact with students about real-world business problems. The companies also hold workshops where students learn about new-age technologies together with corporate culture and how to build an industry-academia relationship.
This year XIMB saw some of the biggest players in the industry participate in the placement season, roping in students at attractive salary packages. For MBA Business Management, 71 recruiters participated this season out of which 26 were new recruiters. The highest domestic salary offered was INR 71.51 LPA while the median salary stood at INR 19.25 LPA. For the MBA Human Resource Management course, 42 recruiters participated this season out of which 20 were new recruiters. The highest domestic salary offered was INR 32.21 LPA while the median salary stood at INR 16 LPA.
The average and median compensation of the top 25% batch of the MBA Business Management batch was INR 26.32 LPA and INR 23.82 LPA respectively. For the top 50% of the batch, the average and median compensation stood at INR 23.64 LPA and INR 23.69 LPA respectively.
On the other hand, for MBA Human Resource Management, the average and median compensation of the top 25% batch was INR 21.70 LPA and INR 20 LPA respectively. For the top 50% of the batch, the average and median compensation stood at INR 19.58 LPA and INR 18.58 LPA respectively.
Here is an overview of the average CTC and roles offered by companies.
Role |
Average CTC (INR) |
Companies |
Strategy |
21.17 LPA |
Bain & Company, McKinsey & Company, Tiger Analytics |
Operations |
20.14 LPA |
Adani Group, Maruti Suzuki, Mahindra & Mahindra, Flipkart, Zimmer Biomet |
Marketing |
19.86 LPA |
Coca-Cola, L'Oreal, ITC, Becton Dickinson, Perfetti Van Melle, Titan |
Finance |
19.04 LPA |
Wells Fargo, Arcesium, Goldman Sachs, DE Shaw |
HR |
16.64 LPA |
Accenture, TATA Steel, Lubrizol, ACT Fibernet, GSK |
Industry-wise overview
Sector |
Roles |
Companies |
IT/ITES & Consulting and Strategy |
Product Manager, Strategy Consultant, Management Consultant, Risk Advisory, etc. |
Microsoft, Reliance Jio, Accenture, GE Healthcare, TheMathCompany, Bain & Company, McKinsey & Company, PwC, Avasant, Optum, Tiger Analytics, Deloitte, etc. |
BFSI |
Corporate Investment Banking, Portfolio Manager, Digital Marketing & Transformation |
Arcesium, Wells Fargo, Goldman Sachs, Standard Chartered Bank, CRISIL, Natwest Group, ICICI, etc. |
Sales and Marketing and Operations |
Vendor Manager, Area Sales Manager, Brand Manager, Management Trainee, etc. |
Coca-Cola, L'Oreal, Becton Dickinson, More Retail, Nestle, Titan, Perfetti Van Melle, Asian Paints, TATA Steel, Amazon, Adani, ElasticRun, Mahindra, Ultratech Cement, Maruti Suzuki, etc. |
HR |
Talent Acquisition, HRBP, Compensation, L&D, etc. |
Ultratech Cement, Deloitte, ICICI, Nestle, Mahindra, Godrej, Flipkart, UHG Optum, Titan, Deloitte, Lubrizol, ArcelorMittal Nippon Steel, etc. |
XIMB Summer Internship Placements 2022
Apart from successful final placements, XIMB had an incredible Summer Internship Placement season as well. The students selected for the internships are offered PPO upon their completion of the internship.
Standing tall in its mission of inspiring future generations of students aspiring for excellent quality higher education, XIMB is cementing its position as one of the premier B Schools in the country. We hope the institute keeps setting the bar higher with every passing year.