XLRI Placements 2023: Average Package: INR 32.7 & Highest Package: INR 1.1 CPA

Jamshedpur, JharkhandEstd 1949
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Xavier School of Management, Jamshedpur popularly known as XLRI Jamshedpur  is amongst the top Business schools in India. The institute has maintained an excellent placement track record. It offers a high RoI where the average placement package stands above INR. 24 LPA, while the general cost for its PGDM program stands at around INR. 11 LPA.

XLRI concluded the final placement drive for 2021-23 batch with 100% placements. A total of 463 students secured job offers. Students received 484 domestic offers & 3 international offers. The percentage of PPOs was 43.8%. The highest international salary of INR 1.1 CPA came from the HR domain. The highest domestic salary stood at INR 78.2 LPA which came from the ITES sector. The average salary increased from INR 30.7 LPA in 2022 to INR 32.7 LPA in 2023. The placement drive saw a participation of 117 recruiters including 30 new recruiters. Some of the top recruiters are Barclays, Emaar Properties, Indigo Edge, Mercedes Benz etc.

XLRI has concluded its placement drive for the batch 2022 and has achieved 100% placements where 99 recruiters participated including 23 new recruiters. The Highest CTC stood at INR 60+ LPA which as offered by the BFSI Sector whereas the Average CTC stood at INR 30.73 LPA and the Median CTC stood at INR 29 LPA. Around 40.28% students received Pre-Placement Offers.

The institute has also concluded its summer internship placement drive for the batch of 2022-24 and 510 students received 525 offers and the Highest Stipend stood at INR 3.5 Lakhs per months whereas the Average stipend stood at INR 1.54 Lakhs per month.

Read XLRI Admission 2022

XLRI Placements 2022 Report

Particulars Placement Statistics 2021 Placement Statistics 2022 Placements Statistics 2023
Placement Percentage 100% 100% 100%
No. of Recruiters  108 99 117
Total number of offers 370 - 487
No. of New Recruiters 23 23 30
PPOs 33.33% 40.28% 43.8%
No. of Students Placed 358 427 463
Highest CTC INR 50 LPA INR 60 LPA INR 1.1 CPA
Average CTC INR 25.08 LPA INR 30.73 LPA INR 32.7 LPA
Median CTC INR. 23 LPA INR 29 LPA INR 30 LPA
Average CTC (Top 10%) INR 37.49 LPA INR 48.42 LPA INR 57.7 LPA
Average CTC (Top 25%) INR 34.80 LPA INR 41.2 LPA INR 46.8 LPA
Top Recruiters Mastercard, DE Shaw, Pay Swiggy, American Express, FreshWorks Barclays, Emaar Properties, Indigo Edge, Mercedes Benz

XLRI Jamshedpur conclided the 2023 placement drive with 100% placements. 463 students were placed with 487 offers. Students received 43.8% PPOs. The highest international salary stood at INR 1.1 CPA & the highest domestic salary stood at INR 78.2 LPA. The average salary stood at INR 32.7 LPA. Top 10% average salary was INR 57.7 LPA & top 25% average salary was INR 46.8 LPA. The median salary stood at INR 30 LPA. The placement drive engaged 117 recruiters including 30 new recruiters. Some of the top recruiters are Barclays, Emaar Properties, Indigo Edge, Mercedes Benz etc.

The institute has concluded its 2022 placement drive with 100% placement record. A total of 99 including 23 new recruiters participated in the placement drive. Around 40.28% students were offered PPOs. The highest CTC stood at INR 60 LPA whereas the average and median CTC stood at INR 30.73 LPA and INR 29 LPA respectively. 

The insitute has successfully achieved 100% placements for the outgoing batch of 2019-21 of its flagship programmes (PGDM Human Resource Management and PGDM Business Management) with all 358 candidates securing offers through the final recruitment process in 2 days.

XLRI Placements Sector Wise Analysis 

As per the information collected by collegedunia, the maximum number of students were placed in the BFSI & other sectors followed by Consulting and General Management sector. Following its the sector wise analysis for the batch 2022 at XLRI Jamshedpur:

Sectors Number of Students Placed CTC Range
Sales & Marketing, Pharma 38 INR 20.7 - 32 LPA
HR 42 INR 19 - 30 LPA
Consulting & General Management 97 INR 20.8 - 43.9 LPA
IT / E-Commerce 19 INR 21.55 - 40.5 LPA
BFSI & Others 99 INR 22 - 40 LPA

XLRI Sales & Marketing, Pharma Sector Placements

The following table represents the sales & marketing, pharma sector placements for the batch 2022 at XLRI:

Name of the Companies Designation No. of Students CTC
P&G Account Manager 3 27-30
HUL Management Trainee 2 29-30
ITC AUT-HR, HR Manager 11 28-32
Colgate-Palmolive Lead Associate 1 30-32
Asian Paints Manager 5 28
Nestle Management Trainee 3 26-27
Samsung Manager 1 25.4
Mondelez Management Trainee 2 29
Dabur Management Trainee 1 25-28
Reckitt Management Trainee 4 30-32
Pidilite Management Trainee 0 25-26
PepsiCo Manager 2 24-26
Cipla Manager 1 23
Dr Reddy's Management Trainee 0 20.7
Thermofisher Management Trainee 1 28
Novozymes Global Mgmt Graduate 1 25-26

XLRI HR Sector Placements

The following table represents the HR sector placements for the batch 2022 at XLRI:

Name of the Companies Designation No. of Students CTC
P&G Management Trainee 1 27-30
HUL Management Trainee 1 29-30
ITC Management Trainee 2 28-32
Colgate-Palmolive Management Trainee 1 30-32
Marico Manager 2 27
J.P. Morgan Chase Analyst 6 22
Bajaj Auto Management Trainee 5 24
Myntra Human Capital Manager 3 23
Ola Manager 7 23
PwC Associate 4 21
EY Senior Consultant 1 20-22
Deloitte Consultant 7 23.5
Myntra L&D Lead 2 23

XLRI Consulting & General Management Sector Placements

The following table represents the Consulting & General Sector Placements for the batch 2022 at XLRI:

Name of the Companies Designation No. of Students CTC
BCG Senior Associate 26 33-35
Bain & Co Associate Consultant 23 33
Kearney Consultant 0 33-35
Accenture strategy Recruiting Analyst 22 43.92
Aon Consultant 5 22
Everest Group Senior Analyst 2 26.7
TAS TAS Probationer 2 26
Aditya Birla Group Leadership Associate 5 22.5
Mahindra GMC GMC 2 26
Capgemini ELITE Manager 2 22
Reliance Industries Head of Learning & development 3 20.8
Hinduja Group Associate 1 24
EY Consultant 1 20-22
Deloitte Consultant 3 23.5

XLRI BFSI & Others Sector Placements

The following table represents the BFSI & Others sector placements for the batch 2022 at XLRI:

Name of the Companies Designation No. of Students CTC
Goldman Sachs Associate 3 35-40
JPMC Analyst 3 35-40
Avendus Investment Banking Associate 2 25
Citi Bank Commercial Banking Analyst 3 28
ProgCap Analyst 0 40
Lodha Group Associate General Manager 4 40
M3M Senior Manager 4 22

XLRI Placements Sector-Wise 

The following table represents the sector-wise placements that took place during the 2021 placement drive:

Sector-wise Roles No. of Placements
Consulting 29%
Sales & Marketing 16%
BFSI 14%
Other 41%

Consulting firms extended offers to 29% of the candidates. Sales & Marketing and BFSI constituted 16% and 14% of the roles offered to Business Management students respectively. Other roles included niche functions in Product Management, Business Transformation, Brand Management, and Finance.

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XLRI Year-wise Placement Statistics

The following graph represents the year-wise placement statistics observed during the previous placement seasons:

Placement Year Average salary (INR. in LPA) Median salary (INR. in LPA)
2021 25.08 23
2020 24.30 23
2019 22.35 21
2018 20.10 21
2017 19.21 19
2016 18.50 18

The institute has witnessed a steady growth with regards to the Average and Median Salary packages, however, during the year 2020 and 2021, the median salary package has remained consistent.

XLRI Placements Batch Profile

The following table represents the batch 2021 profile of the Business Management Program:

Batch Size 101
No. of Male Students 62%
No. of Female Students 38%
Average Work Experience 27 Months
Work Experience Freshers: 38%
0-12 Months: 5%
12-24 Months: 21%
24-48 Months: 24%
36-48 Months: 10%
>48 Months: 2%

With regards to the Educational Background, the following table represents the academic background of the students:

Academic Background No. of Students
B.E/B.Tech 67%
B.Com. 16%
B.Sc. 6%
BBA/BMS 5%
BA 3%
Others 3%

It is observed that, maximum number of students were from the B.E. / B-Tech course,

XLRI Summer Internship Placements 2024 Highlights

Batch  2020-22 2021-23 2022-24
Total Students 424 470 510
Number of Companies 126 - 103
First Time Recruiters 41 - -
Numner of Offers - - 525
Highest Stipend INR 5 Lakhs INR 6.8 Lakhs (For 2 Months) INR 3.5 Lakhs 
Average Stipend INR 1.1 Lakhs INR 1.28 Lakhs INR 1.54 Lakhs 
Median Stipend INR 1.20 Lakhs INR 1.27 Lakhs INR 1.50 Lakhs 
Average Stipend (Top 5%) - - INR 2.35 Lakhs
Average Stipend (Top 10%) INR 1.72 Lakhs INR 1.82 Lakhs INR 2.17 Lakhs
Average Stipend (Top 25%) INR 1.57 Lakhs INR 1.63 Lakhs INR 2.02 Lakhs
Average Stipend (Top 50%) - - INR 1.85 Lakhs
Top Recruiters Amazon, Dabur, ITC Coca Cola, Asian Paints, P&G

During XLRI Summer Internship Placements 2024, 103 recruiters offered 525 placement offers to 510 students. The highest stipend stood at INR 3.5 Lakhs per month. Students received an average stipend of INR 1.54 Lakhs per month & a median stipend of INR 1.50 Lakhs per month. Average stipend stood at INR 2.35 Lakhs for top 5%, INR 2.17 Lakhs for top 10%, INR 2,02 Lakhs for top 25% & INR 1.85 Lakhs for top 50% of the batch.

The institute has completes its summer internship placement drive for the batch 2021-23, and the largest ever batch of 470 students participated in the placement drive.

During the summer internship placements of 2023, the highest stipend stood at INR 6.8 Lakhs for 2 months which was offered by the BFSI Sector and the average stipend increased by 5% Y-O-Y to INR 1.28 Lakhs whereas the median stipend stood at INR 1.27 Lakhs and top 10% and 25% students were offered the stipend of INR 1.82 Lakhs and INR 1.63 Lakhs respectively.

The top segment roles were offered from the Consulting, Sales and Marketing domains and some of the top recruiters like Coca Cola, Asian Paints, P&G, ITC and many others participated in the summer internship placement drive of 2023.

XLRI Summer Internship Placements 2023 Domain-Wise

The following table represents the domain-Wise summer internships of passing out batch of 2023:

Domains Percentage of Students offered Internships
Consulting / Advisory 25%
IT and E-Commerce 22%
FMCG 17%
BFSI 10%

XLRI Summer Internship Placements 2022 Sector-Wise

The following table represents the sector wise summer internship placements:

Sectors Percentage of Offers
FMCG 20%
BFSI 14%
E-Commerce 14%
Consulting & Advisory 11%

It is observed that the maximum number of offers were offered from the FMCG Sector.

XLRI Placement Sector-Wise Top Recruiters

Boston Consulting Group, Accenture Strategy, Microsoft, Amazon, P&G, Aditya Birla Group, ITC, Avendus Capital, Standard Chartered, Capgemini ELITE, Hindustan Unilever, and others. New recruiters included companies such as Arga Investment Management, Myntra, Power Finance Corporation, Thoucentric Consulting, Welspun, Tolaram Group, M H Alshaya, JCB, TCS, Vedanta, and etc were amongst some of the major recruiters.

Sectors Top Recruiters Roles
Consulting Bain & Company, The Boston Consulting Group, AT Kearney, Accenture Strategy, Deloitte, PwC, EY, KPMG, Everest Group, Infosys Consulting Consulting
FMCG P&G, Hindustan Unilever, ITC, Colgate Palmolive, Asian Paints, Samsung, Marico Company Strategy, Sales & Marketing, Product Supply, Operations, IT and Human Resources
Pharma Cipla, Dr. Reddy’s, Sun Pharma, Thermofisher, Aurigene Health Tech
Finance Goldman Sachs, J.P Morgan Chase, NIIF, Citibank, Standard Chartered, Kotak Mahindra Bank, ICICI, Edelweiss Front End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, and Retail Banking
General Management TAS, Aditya Birla Group, Mahindra, Capgemini ELITE, Reliance Industries, Xiaomi, RPG, Hinduja, ACT. General Management
ITES, E-commerce and Online Services Microsoft, Amazon, PayTM, PhonePe, Myntra, Ola, Media.net, Flipkart, Udaan, AirBnB, HCL, TCS, EXL, Byju’s, Unacademy, VMock Product Manager, Program Manager, Business Development, Financial Planning
HR P&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase, and Co., Myntra, Ola, Power Finance Corporation, Samsung Chief Talent Officer, HR Consulting, recruitment, Compensation & Benefits and HR Analytics.

XLRI Jamshedpur Alumni Network

Name of the Company Number of Alumni
Accenture 462
Tata Steel 386
Amazon 297
TCS 253
Cognizant 181
EY 162
Microsoft 121
HSBC 121
XLRI Jamshedpur Jamshedpur 107
Unilever 102
L&T 102
Flipkart 99
ITC Limited 93
BCG 92
Procter & Gamble 91

XLRI Placements FAQs

Ques. What percentage of the batch was offered Pre-Placement offers during the placement drive of 2021 at XLRI?

Ans. In the placement drive of 2021 at XLRI, around 33.33% of the batch was offered pre-placement offers.

Ques. In which sector does the maximum number of students were placed during the placement drive of 2021 at XLRI?

Ans. During the placement drive of 2021 at XLRI, the maximum percentage of students were placed in the Consulting sector (29%) followed by Sales & Marketing sector (16%).

Ques. What is the highest stipend offered during the summer internship placements of 2023 at XLRI?

Ans. In the summer internship placements of 2023 at XLRI, the highest stipend stood at INR 6.8 Lakhs for 2 months.

Ques. What is the average stipend offered during the summer internship placements of 2023 at XLRI?

Ans. In the summer internship placements of 2023 at XLRI, the average stipend stood at INR 1.28 Lakhs.

Ques. How many students participated in the summer internships placements of 2023 at XLRI?

Ans. During the summer internship placements of 2023 at XLRI, around 470 students participated.

Ques. How many companies participated in the summer internship placements of 2022 at XLRI?

Ans. In the summer internship placements of 2022 at XLRI, around 126 companies participated.

Ques. What sort of salary packages are offered at XLRI?

Ans. The highest offered was INR 50 LPA and the average CTC stood at INR 25.08 LPA and the median CTC stood at INR 23 LPA whereas the top 10% and 25% students were offered the average CTC of INR 37.49 LPA and INR 34.80 LPA respectively.

Ques. How many companies participated in the placement drive of 2021 at XLRI?

Ans. A total 108 recruiters participated in the placement drive, out of which 23 were first time recruiters.

Ques. How many pre placement offers were offered in the placement drive of 2021 at XLRI?

Ans. 33.33% of the students were offered pre-placement offers in the placement drive of 2021 at XLRI.

Ques. Which are the top recruiting companies at XLRI?

Ans. Some of the top recruiting companies at XLRI are Amazon, Procter & Gamble, Flipkart, L&T and many others.

XLRI Highest and Average Package

Highest PackageAverage Package
1.10 Cr
32.70 L
022.0 Lakhs44.0 Lakhs66.0 Lakhs88.0 Lakhs1.1 Crore

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The placements and internship opportunities are excellent here. After three months you get the summer internship and after the internship, some 50% get pre-placement offers and the rest are placed in their 5th semester. There is no one left behind without placements.
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Uttam Rathore PG Diploma, Human Resource Management (Student)Reviewed on Feb 13, 2023
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The placement of XLRI is considered among the top placements in the country. This year the average package for final placement went up to 32.7 lacs per annum. International offers are also being made for final placement with the highest package going up to 1.1 cr. Various roles like consulting, finance, marketing, operations, HR, etc. are being offered by recruiting companies.
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ANKIT MALLA BUZARBARUAH PG Diploma, Human Resource Management (Student)Reviewed on Feb 13, 2023
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XLRI has outshone itself yearly by achieving a 100% placement record with an average stipend of around INR 32L. It received over 480 domestic and three international offers with active participation from more than 115 recruiters. The highest package received for the 2021-23 batch is INR1.1 crore PA. International offer and INR 78.2 LPA domestic offer.
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Anushka Chhabra PG Diploma, Human Resource Management (Student)Reviewed on Feb 12, 2023
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Being one of India's oldest and premier B-schools, placements at XLRI are top-notch and rival that of IIM-ABC. The average median placement figure stood at Rs. 30 lahks for the batch 2020-22. A total of 99 companies visited the campus and 437 domestic offers were made. The highest placement was Rs.60 lakh. The placement rate for the batch was 100%. Firms like BCG, Bain, McKinsey, Amazon, ITC, ABG, etc. picked up students for various roles such as Associate Director, front-end IB, CoS, etc.. Preparation for summer placements begins as soon as one enters college. Students are made to prepare their CVs rigorously. For the summers, the average and highest placement stood at Rs. 1.54 and Rs. 3.5 lakh per month respectively.
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Abhinav Srijan PG Diploma, Human Resource Management (Student)Reviewed on Jan 28, 2023
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Very good campus placements, more than 100 companies visit for 360 students offering the best in class roles and packages. The highest packages go around Rs. 1Cr per annum with an average of around 35lpa. All students get placed. I plan to work in an FMCG company as a marketing manager.
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Student (Anonymous) PGDBM, Business Management (Student)Reviewed on Jan 20, 2023
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XLRI Meri Jaan

9.4Helpful
The students get eligible for placements in the 2nd year of their course. Usually, the final placements start in the last semester at XLRI. During last year's placements, 99 companies visited the campus & offered 437 offers to students. All 100% of the students were placed, within 2 days with the average package standing at 30.7 LPA. After completing my MBA, I am hoping to work at a top consulting firm.
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Kushankur Dutta PGDBM, Business Management (Student)Reviewed on Dec 21, 2022
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The placements are very good, with 100% of students getting placed with packages at par with the other top business schools around India. Consult, prodman and marketing roles are in demand and more than 100 companies visit each year.
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Kishan PGDBM, Business Management (Student)Reviewed on Dec 20, 2022
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Life at XL

9Helpful
Placements are pretty good at XL. 200+ companies come to campus on average. The PPO rate is 35%+ for the past couple of years. The average package is more than 30 lakh. I plan to work after my college gets over.
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DHRUV MOHTA PGDBM, Business Management (Student)Reviewed on Dec 15, 2022
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For the outgoing batch of 2022, around 100 companies visited the campus for recruitment and offered 437 offers to 427 students across the BM and HRM batches. Highest CTC offered was beyond 60 Lakhs, and the median was around 31 Lakhs. Students get placement offers via PPOs and final placements in the 6th term of the course.
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J TANAY PGDBM, Business Management (Student)Reviewed on Dec 15, 2022
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XLRI Review

9.6Helpful
All placement opportunities are provided by the college. Opportunities are offered in consulting, sales and marketing, finance, general management, and many more. 100% placements every year is the benchmark for this college.
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PRANJAL GUPTA PGDBM, Business Management (Student)Reviewed on Dec 9, 2022
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XLRI: 33 Answered Questions

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What are the average, median, and highest salaries offered to XLRI HRM passouts?

Sakshi GuptaAishwarya AnandStudied at the Xavier School of Management

It is important to understand that the offers that XLRI HRM pass outs receive can vary significantly, as they come from a diverse range of industries. While it is true that the average median salary for XLRI HRM pass-outs is Rs. 9.5 lacs and the highest salary offered is Rs. 12 lacs, it is important to keep in mind that these figures are just estimates, and actual salaries may vary depending on a number of factors such as the specific industry, the company, the individual's skills and experience, and the location of the job.

For freshers, it is common for the starting salary to be in the range of Rs 3-4 LPA.

However, it is worth noting that this is just a rough estimate, and actual salaries may differ based on the factors mentioned above. Ultimately, the salary that an XLRI HRM pass-out receives will depend on a variety of factors, and it is important to keep this in mind when considering job offers.

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How is XLRI, with respect to job prospects and internships, when compared to IIMs?

Sanovar LohiaAnisha MukherjeePGDBM in Marketing & Operations Management, Xavier School of Management

In terms of job prospects and internships, XLRI Jamshedpur is in the same league as IIM A/B/C. The institute has a record 100% placement rate. During XLRI placement 2022, students received an average CTC of INR 30.7 LPA. The highest CTC offered was INR 60+ LPA. All major MNCs visit the campus placements. Microsoft offered the highest number of placements this year. 

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How much does the HR from XLRI get paid? How is life after HRM from XLRI?

Mansi TopaEshita BakshiPGDBM Marketing & Operations Management, Xavier School of Management (2016)

One of my cousins graduated from XLRI, and he mentioned that for batch 2020, HRM has a median salary of INR 20.25 LPA. The highest package is INR 32.79 LPA, with an average salary of INR 21.15 LPA. It was increased by nearly 5.43% compared with last year. 

More details regarding placements are listed below:

  • HRM’s 50th percentile salary stood at INR 20.25 LPA while the 75th percentile stood at INR 24.25 LPA. 
  • More than 20% of the batch received packages of more than 25 LPA. 
  • XLRI median salary increased to INR 23 LPA from INR 21 LPA in 2019. 
  • The highest international package stood at INR 58.5 LPA with an average salary of INR 24.30 LPA. (increase from 22.35 lacs per annum in 2019). 
  • Moreover, 43% of the batch received the highest offer made through PPOs. 

One important thing to note down from the placement reports is that the profile and percentile of the candidates did not differ much but their packaging did. So, there is a lot of competition and a lot would depend on your individual potential and performances. 

For life after MBA, specifically from HRM from XLRI, the way of viewing industry changes. You might be from a top B-school, but, living in the corporate sector totally depends on you and your skills (professional skills along with other interpersonal skills). To live a happy life you should maintain a work-life balance.

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Which companies hire HRM people from XLRI? Is it true that HR professionals have less workload and their job is a bit relaxed than other roles?

Nivedita RoyStudied at XLRI

Any professional who is from HR understands exactly what a business requires and manages the whole process from hiring an employee to their exit with talent management & development, compliance, engagement, etc. 

Setting up organizational design and development for organizations are also covered by HR professionals. The employees are just a small aspect of the bigger picture. 

  • My friend worked at the corporate compensation team and he used to simply work on his PC all the time. Getting into HR was because of the simple fact that he was good with numbers. 
  • MBA programs that offer specialization in HRM, such as XLRI PGDHRM cover all the topics mentioned above in their course work. This is why people for HR roles are taken from XLRI. 
  • According to the recent statistics, the major companies coming to the campus for recruiting HR students are McKinsey, BCG, Bain, etc. 

Traveling isn't vital for HR professionals unlike what a consultant or salesman would do, the workload is, however, very similar. At the end of the day, that aspect falls on the employer culture rather than the department itself.

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How much packages can I expect if I get into the HR branch of xlri Jamshedpur?

Aarushi KalraSumit SarkarMBA Marketing & Operations at XLRI

When it comes to HR specialization, XLRI has emerged as one of the top-ranked institutions.

Candidates who graduate from this campus should expect to land high-paying positions with outstanding benefits. Many of the major multinational corporations participate in the placement and choose the best candidates from the campus. 

Here is a brief overview of the placement highlights for the recent years at XLRI.

Average CTC

25.08 LPA

Median CTC

23 LPA

Highest CTC

50 LPA

Major recruiters

ITC, Microsoft, Aditya Birla Group, TCS, etc. 

When it comes to the beginning and advancing your career in HR, the alumni is pretty good for XLers who support their group members, and it's a game-changer.

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How are the XLRI GMP placements for candidates who came from a non-IT background?

Satyam PurwarShivalika Sharmastudying B. Tech from Banasthali Vidyapeeth (2019).

XLRI is a really good institute to go for. The ethos, culture, and diversity are all enigmatic. One of my friends studying there suggests that you can learn and grow simultaneously. 

  • Placements for non-IT background students are comparatively less. Usually, the domain consultant role is offered.
  • These domain consultants also get a chance to go abroad for further work experience. 
  • Nowadays, companies are also hiring, even being unsure about the candidate’s past work experience.
  • You just evolve as your potential individuality begins to blossom. This is the most significant advantage of being in XLRI. 
  • Academics and case studies are generally the same across the board.
  • The admissions process is a little stringent and filters out the “right” individuals.

Placement stats:

Categories

GMP at XLRI

Top recruiters

Accenture, Aditya Birla Group, AgroTech, Airtel, Amazon.com, Capgemini, IBM, HCL, etc.

Average salary package

19.6 LPA

Highest salary package

48 LPA

Median salary package

19 LPA

Course Fee

20.95 lakh

It is not a disadvantage to not be an engineer. A consulting career requires more analytical ability, business awareness, and thought process. 

All you have to do is work a little harder to achieve your goals. So, go ahead and start preparing for your career and you'll make it. Ultimately your performance will matter rather than being an IT or a non-IT background.

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How are placements in XLRI HRM? What kind of companies recruit and what are the packages offered?

Mousumi ChatterjeePGDM Human Resources, Xavier School of Management (2017)

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I have a friend at XLRI. According to him, placement at XLRI depends upon the following few criteria.

  • Companies visiting the campus for the recruitment process during summer and final placement sessions.
  • Your overall academic profile.
  • The way you perform in your summer internship, which can fetch you placement offers at the same company.
  • Duration and place of your work experience (if any).
  • You can get placed if you win any of the company-organized competitions. 

Placement stats of the 2020 batch is listed below. 

Number of recruiters

108

Total number of students placed

358

Highest CTC offered

50 LPA

Average CTC offered

25.08 LPA

Placement rate

100%

Major Recruiters:

Top recruiters at XLRI include Boston consulting group, Hindustan Unilever, Accenture strategy, and Microsoft, offering roles majorly in consulting, BFSI, Sales, and marketing.

Profiles Offered:

If your niche is Human Resources, there are various job roles including HR business partner, Change Agent, HdR generalist, HR consultant. You could even consider moving into general management roles if the company is willing to offer that role to HRM students. 

In the worst-case scenario, if you fail to get placed at your dream company, the alumni network of XLRI is strong enough for you to fetch new opportunities.

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What is the average package of an MBA in XLRI Jamshedpur?

Sandip PalAnamica AgarwalCEO at Catking Educare. (2009–present)

XLRI has recently concluded its placement drive for the batch 2022, with an impressive 100% placement rate. A total of 99 selection representatives participated in the drive, including 23 new recruiters. The highest CTC (Cost to Company) offered was INR 60 Lakhs per annum, which was presented by the BFSI (Banking, Financial Services, and Insurance) sector. The average CTC offered was INR 30.73 Lakhs per annum and the median CTC was INR 29 Lakhs per annum. Additionally, around 40.28% of students received pre-placement offers.

The institution also released its placement report for the batch 2019-21, where the highest CTC offered was INR 50 Lakhs per annum, the average CTC was INR 25.08 Lakhs per annum and the median CTC was INR 23 Lakhs per annum. A total of 108 recruiters participated in the drive, out of which 23 were first-time recruiters and 33.33% of students received pre-placement offers.

In addition, XLRI has also recently completed its summer internship placement drive for the batch of 2022-24, with a total of 510 students receiving 525 offers. The highest stipend offered was INR 3.5 Lakhs per month while the average stipend offered was INR 1.54 Lakhs per month. The institution has thus demonstrated a consistent record of providing its students with opportunities to secure high-paying jobs and internships with top companies.

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How are the placements for engineers with no work experience at the IIMs, FMS Delhi and XLRI?

Veda BurmanTarun AnandMBA in Finance, Faculty of Management Studies, University of Delhi (Graduated 2019)

The two most important factors considered by recruiters during Placements at IIM ABC/FMS/XLRI are

  1. Brand of UG College - SRCC/Old IITs/BITS/CA
  2. High Academics - University RankHolders, City Toppers in Boards, or at least Department Rank Holders with 8.5+ in Engineering. 

MBA scores are of much importance during Final Placements but are Not available during summer placement.

If you have passed the above criteria, you are most likely to land any job. Still, I have segregated the roles that require work experience and the roles that do not.

Roles that require work experience 

  • Operations/Supply chain/product management. 
  • Any role will require work experience if your above 2 criteria are not up to the mark.

Roles that do not require work experience 

  • Consulting
  • Investment Banking
  • PE/VC
  • Marketing 
  • Corporate Finance roles

So most of the jobs do not require work experience. Even if they do only non-engineering work experience is of value unless you want to go into Operations/Supply chain/product management.

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Which are the dream companies for an XLRI HRM student?

Hariharan RagunathanStudied at Xavier School of Management (2018)

A dream company depends upon your choice and where your interest lies. Typically, HR Consulting, IR, Manufacturing, or Line HR Roles are more popular.

  • If you are interested in HR Consulting then Hay group, Accenture consulting are considered a dream as both of these companies pay significantly higher than other companies like Mercer or Hewitt. 

  • If your interest lies in IR or Manufacturing then FMCG companies like P&G, Unilever, ITC, Asian Paints, etc should be your dream companies.

  • If you are interested in Line HR or corporate HR only then Novartis, Stan Chat, Microsoft, or other big banks and the Software or product based companies etc. are considered dream companies. Novartis offered their position in Switzerland so it was a dream for many students. 

Despite this, some students may be more interested in joining startups and building systems from scratch than in joining existing companies.

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