XLRI Placement 2024: Top Recruiters, Highest, Average and Median CTCs
XLRI Placement 2024 has been concluded with utmost success, with PGDM (BM) and PGDM (HRM) courses attaining a remarkable 100% placement rate. During the final round of the placement drive, 576 candidates secured offers. A total of 133 recruiters participated in the process, out of which 37 were first-time participants. The candidates received a total of 519 domestic offers, complemented by 1 international offers, which encompassed both full-time positions and esteemed summer internships during the pre-placement phase.
Likewise, the placement process for PGDM (GM) at XLRI exhibited an outstanding outcome. Out of the 108 participating students, an impressive 103 were successfully placed through campus placements. The average and median CTC at XLRI witnessed a significant increase, reaching INR 29.40 LPA and INR 27.50 LPA, respectively.
XLRI - Xavier School of Management has reported successful summer placements for its PGDM (BM) and PGDM (HRM) batches of 2024-26, achieving a 100% placement rate. The placement initiative involved 576 students from XLRI's campuses in Jamshedpur and Delhi-NCR, attracting 133 recruiting firms, including 37 first-time recruiters. These companies collectively offered a total of 604 positions across various sectors such as Consulting, Finance, Sales & Marketing, General Management, Product Management, Operations, Analytics, and HR.
The average stipend for this year's placement was recorded at INR 1.67 LPM and INR 1.60 LPM, respectively. Almost 84% of offers carry a stipend of at least INR 1 LPM, with 64% of these at INR 1.5 LPM or above.
This remarkable accomplishment can be attributed to the invaluable contribution of prestigious recruiters, including Amazon, Jio, TVS, Trident, Deloitte, Accenture, ServiceNow, and Axis Bank. These esteemed organizations bestowed the students with prestigious roles such as Chief People Officer, Assistant Vice President, HR Leadership Development, DGM – National Academic Operations, CMI - Group Digital Channels and Partnership, and Senior Product Manager, among an array of other high positions.
XLRI Placement 2024: PGDM (BM) & PGDM (HRM)
XLRI placement process for PGDM (BM) and PGDM (HRM) courses was carried out in two distinct stages. The initial phase, known as the Lateral Recruitment Process (LRP), was specifically tailored for students who possessed prior work experience. These candidates gave interviews and were presented with opportunities for higher-level positions, surpassing entry-level roles.
Following the LRP, the second stage, known as the campus recruitment process (CRP). Notably, this stage did not adhere to any differentiation based on work backgrounds. It is noteworthy that during the CRP, a significant proportion of the batch, approximately 33.39%, received pre-placement offers. These offers were based on the outstanding performance and commendable contributions made by the candidates during their summer internships.
XLRI Placement 2024: PGDM (BM) & PGDM (HRM) Highlights
XLRI Jamshedpur placements for PGDM (BM) and PGDM (HRM) courses encompassed several notable highlights, as follows:
- The median salary at XLRI Jamshedpur stood at INR 28 LPA, signifying a competitive compensation package for the graduates.
- Impressive percentiles were achieved, with the top 10th percentile averaging at INR 51.66 LPA and the 25th percentile at INR 42.98 LPA.
- The average salary at XLRI Jamshedpur witnessed at INR 29.89 LPA.
- XLRI’s highest domestic offer, which amounted to INR 75 LPA, originated from the BFSI sector.
- Notably, XLRI Jamshedpur’s highest international offer of INR 1.1 crore, emanated from the HR domain.
- Candidates were presented with multiple offers from esteemed organizations in Germany and the UAE.
- The top domains, based on the roles offered, encompassed consulting, sales & marketing, and BFSI.
- XLRI Jamshedpur's prominent organizations such as Accenture Strategy, Amazon, Bain and Company, PayTM, HUL, ITC, PwC, and Boston Consulting Group emerged as the leading contributors in terms of extending the highest number of offers.
- The placement drive witnessed the participation of 65 new recruiters, including esteemed companies such as Barclays, Emaar Properties, Zomato, Shell, Mercedes-Benz, Nykaa, and HSBC, among others.
XLRI Placement 2024: PGDM (BM) & PGDM (HRM) Sector-wise
The sectors that emerged as the leading contributors in terms of roles offered were consulting, ITES, E-commerce, Sales & Marketing, and General Management. The consulting sector extended offers to 29% of the students. Furthermore, the ITES, E-commerce, Sales, and Marketing sectors accounted for 27% and 25% of the roles offered to the students.
Among the prominent organizations, Accenture Strategy, Amazon, Bain and Company, PayTM, and PwC emerged as the predominant contributors, extending a noteworthy number of offers. The inclusion of these organizations in the placement process further amplifies the breadth of opportunities available to the students. The array of new recruiters included esteemed companies like DTDC, EY Parthenon, Pine Labs, Redseer Strategy Consultants, and Texas Instruments.
Below is the sector-wise table of different companies that offered roles to the students:
Sectors |
Companies |
Consulting |
Accenture Strategy, Bain & Company, Boston Consulting Group, Deloitte, EY, Kearney, KPMG, Mckinsey and PwC |
ITES, E-commerce, Gaming, and Online Services |
Amazon, Google, Microsoft, PayTM, Walmart, Flipkart, Star Disney, and Uber |
FMCG, Pharma, and Real Estate |
Sun Pharma, Hindustan Unilever, Dr. Reddy’s, ITC, Colgate, Asian Paints, Nestle, P&G, Johnson & Johnson, Coca-Cola, Palmolive, Samsung, Cipla, Ephicacy |
BFSI |
J.P Morgan Chase, Mastercard, Indigo Edge, Goldman Sachs, HSBC, Citibank, Avendus Capital, FinIQ, and American Express |
Automotive, Energy, and Telecommunications |
Mercedes Benz, Bajaj Auto, Renew Power, Shell, Varroc, and Vedanta |
General Management |
Mahindra, Aditya Birla Group, Bajaj Finserv, Capgemini ELITE, Kotak |
HR |
P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan, Chase and Co., Google, and Samsung |
XLRI Placement 2024: PGDM (GM)
The XLRI Placement 2024 for the PGDM (GM) course demonstrated exceptional achievement, with all students successfully securing placements. The participating candidates exhibited an impressive average work experience of 7 years. Moreover, the average age of the candidates stood at 29. The batch demonstrated a diverse range of prior experiences in various domains like Project Management, HR, Supply Chain, Consulting, and Marketing.
XLRI's PGDM (GM) program placements experienced substantial growth in terms of compensation. The average CTC witnessed an impressive 11% increase, while the median CTC displayed a commendable 6% increase. The average CTC reached INR 29.40 LPA, while the median CTC stood at INR 27.50 LPA.
XLRI Jamshedpur’s PGDMGM highest salary recorded reached an impressive figure of INR 80.35 LPA. The top 10% of students achieved an average CTC of INR 55.27 LPA. In addition to this, the top 25% of the candidates achieved an exceptional average CTC of INR 41.90 LPA, while the top 50% earned an average of INR 35.89 LPA during the recruitment process.
XLRI Placement 2024: PGDM (GM) Job Roles
XLRI Placements 2024 offered various job roles to PGDM (GM) students in reputed companies. Consultant role was offered by companies like Accenture, Infosys, and Tech Mahindra. Job for other roles are offered as well like senior manager, DGM, and enterprise strategy among others. Below is the table mentioning different job roles:
Job Roles Offered |
|||
Senior Manager [Axis Bank, Merilytics, TVS] |
Consultant [Accenture, Infosys, Tech Mahindra] |
Product Manager/Owner [Jio, Axis Bank, Publicis Sapient, Cogoport] |
HRLDP [AWS] |
Manager [TVS, Cognizant, Factspan, Virtusa] |
Enterprise Strategy Consultant [IBM] |
Strategy Program Management [Hexaware] |
DGM [FIITJEE, Kirloskar] |
Sr. Manager/Manager - Sales [Mahindra & Mahindra, JSL] |
SCM Consultant [Deloitte, Yash Technologies] |
Project Management [Indegene, Realization Technologies, Solutionec] |
Solution Architect [Settlemint] |
Manager - Delivery [Factspan, Incture] |
Digital Marketing/Strategy [Mahindra & Mahindra, ICICI] |
Associate Manager [Accenture, Virtusa, JSL] |
Business Process Improvement [Searce] |
AVP (Sales/Operations) [Axis Bank, Genpact] |
Senior Consultant [Infosys, Yash Technologies] |
Senior Product Manager/Lead [Arcesium, ServiceNow, Arteria, Virtusa] |
C-suite (CPO, CMO, CMI) [Trident, ICICI Bank] |
XLRI Placements 2024: PGDM (GM) Placement Highlights
XLRI’s placement comparison of the last 3 years is mentioned in the table below:
Head |
2023-24 |
2022-23 |
2021-22 |
2020-21 (Pandemic Year) |
|
Salary Details |
|
Amount (in Rs Lakhs) |
Amount (in Rs Lakhs) |
Amount (in Rs Lakhs) |
Amount (in Rs Lakhs) |
Highest Salary |
75 |
80.35 |
44.74 |
34.3 |
|
Average Salary |
29.89 |
29.4 |
26.69 |
18.49 |
|
Average Salary of Top 10% |
51.66 |
55.27 |
34.24 |
26.6 |
|
Average Salary of Top 25% |
42.98 |
41.90 |
32.5 |
23 |
|
Average Salary of Top 50% |
__ |
35.89 |
30.04 |
21.1 |
|
Median Salary |
28 |
27.50 |
26 |
18.5 |
Frequently Asked Questions (FAQs)
What were the average and median CTC for PGDM (GM) students in XLRI Placement 2024?
The average CTC for PGDM (GM) students in XLRI Placement 2024 was INR 29.40 LPA, and the median CTC was INR 27.50 LPA.
What were the highest domestic offer made in XLRI Placement 2024?
The highest domestic offer was from the BFSI sector of INR 75 LPA.
Which companies made the highest number of offers in XLRI Placement 2024 for PGDM (BM) and PGDM (HRM) courses?
Accenture Strategy, Amazon, Bain and Company, PayTM, HUL, ITC, PwC, and Boston Consulting Group made the highest number of offers.
Which were the top recruiters for PGDM (GM) in XLRI Placement 2024?
The top recruiters for PGDM (GM) in XLRI Placement 2024 included Amazon, Jio, TVS, Trident, Deloitte, Accenture, ServiceNow, and Axis Bank.
What were the job roles offered to PGDM (GM) students in XLRI Placement 2024?
Job roles offered to PGDM (GM) students included Senior Manager, Consultant, Product Manager, Enterprise Strategy Consultant, DGM, Project Management, Solution Architect, and AVP (Sales/Operations).
What is the placement rate for XLRI's PGDM (BM) and PGDM (HRM) courses in 2024?
The placement rate for XLRI's PGDM (BM) and PGDM (HRM) courses in 2024 was 100%. All 503 candidates secured offers during the final round of the placement drive.
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