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

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Anamica Agarwal Posted On - Feb 13, 2023
CEO 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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Priya Chaturvedi Posted On - May 15, 2021
Studied at XLRI Jamshedpur

I have a colleague who is an alumnus of XLRI, and as per him, the placements at the institutes are inflated. Certainly, the top 20-30% of students do get good placement offers. But the median and average CTC information provided by the institute are not authentic. 

Here are the official placement statistics of XLRI for the academic year 2020.

Average CTC

25 LPA

Highest CTC

50 LPA

Median CTC

23 LPA

It’s not rare to find XLRI graduates applying for 6-8 LPA jobs. I know someone from XLRI, who got a 22 LPA package at a Mumbai-based company but his actual in-hand salary was only 11.2 LPA. There are many such examples.

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