Highest salary was a whopping INR 50 LPA | XLRI Jamshedpur Placement Report 2019
The 2017-2019 batch of XLRI Jamshedpur succeeded in securing 100% placement in 2 days. Prestigious companies across various domains rolled out 362 offers. The average, median, and highest salary all went up. Overall, it was a good 2 days. A report of the XLRI Jamshedpur placement as follows.
- BFSI offered the highest salary.
- Top recruiting sectors were Consulting, Sales and Marketing, and BFSI.
- Boston Consulting Group made the highest number of offers.
- The average salary offered was INR 22.35 LPA.
- The median salary offered was INR 21 LPA.
- The highest salary was a whopping INR 50 LPA.
| S.No. | Parameter | Number |
| 1 | No. of recruiters | 104 |
| 2 | No. of offers made | 362 |
| 3 | No. of PPOs accepted | 122 |
| 4 | No. of participating students | 358 |
| 5 | No. of 1st-time recruiters | 19 |
First-time recruiters included companies like Allianz Global Investors, Bain & Co., Adani Group, Jubilant Foodworks, Rivigo, Experian, Belden, Xiaomi, Google, Udaan, to name a few.
Top recruiters included big names like: Boston Consulting, Microsoft, Amazon, Allianz, P&G, Aditya Birla Group, ITC, Avendus Capital, Hindustan Unilever, McKinsey & Co., Bain & Co., Accenture Strategy, Deloitte, PWC, AON, Mercer, KPMG, Asian Paints, Samsung, Citibank, HSBC, J.P Morgan, and many others.
Sector-wise breakdown
| Sector | Top Recruiters |
| Sales and Marketing (offers made to 27% of the batch) |
P&G ITC Asian Paints, etc. |
| BFSI (offers made to 22% of the batch) |
Allianz Global Investors Citibank HSBC J.P Morgan Chase, etc. |
| Consulting (offers made to 21% of the batch) |
The Boston Consulting Group McKinsey & Co. Bain & Co. Accenture Strategy Deloitte PWC KPMG Vector Group Everest Group, etc. |
| General Management |
TAS Capgemini ELITE Bajaj Finserv ACT, etc. |
| ITES, E-commerce, and Analytics |
Microsoft PayTM Uber Oyo Rooms Tech Mahindra EXL, etc. |
| HR |
RPG Lodha Group Sapient Ramco Systems Colgate Palmolive, etc. |
- In the finance sector, roles were offered in Front End Investment Banking, Global and Corporate Banking, Wealth Management, Global Markets, and Retail Banking. This increased number is attributed to the increased number of students opting for the Finance specialization.
- In the IT, E-commerce, and Analytics sector, major roles offered were Program Manager, Product Manager, Catalog Manager, Business Development, Analytics, and Recruiter.
- In the HR sector, roles were offered in the recruitment, HR consulting and HR analytics domains.
Comparative Analysis
The median salary remained the same as last year. However, the average salary spiked by 11%. A thorough analysis is given below:
| Placement year | Average salary (INR lakhs) | Median salary (INR lakhs) |
| 2019 | 22.35 | 21 |
| 2018 | 20.10 | 21 |
| 2017 | 19.21 | 19 |
| 2016 | 18.50 | 18 |
There has also been an increase in the number of PPOs year-after-year as the data below reveals:
| Placement year | PPOs |
| 2019 | 122 |
| 2018 | 122 |
| 2017 | 121 |
| 2016 | 102 |
| 2015 | 99 |
| 2014 | 79 |
The above placement data only attests to the quality of the management studies offered by XLRI Jamshedpur and places it among the premier business schools in the country.
Source: Placement Report 2019