XLRI Jamshedpur Successfully Completed Summer Internship Placement, Offered Average Stipend Of Rs 1.28 Lakh

Jamshedpur 13th Oct 2021: XLRI (Xavier School of Management) has completed its Summer Internship Placement Process (SIP) for its largest segment of 470 students (2021-23 batch) of Business Management and Human Resource Management programs at both XLRI Jamshedpur and Delhi-NCR premises.

The highest wage offered for two months in the BFSI sector was Rs 6.8 lakhs.

Even amid the pandemic, XLRI increased the average stipend for the entire batch to INR 1.27 lakh per month, while the average stipend offered was INR 1.28 lakh per month. This is an increase of over 16% and 5% over the previous year.

The top recruiters in terms of the number of offers made were Amazon, The Boston Consulting Group, Bain & Company, Accenture Strategy, PricewaterhouseCoopers, Deloitte, Aditya Birla Group, and HUL.

The average monthly stipend for the top 10 percentile students was INR 1,82,000 per month, while the stipend for the top 25 percentile students stood at INR 1,63,500 per month.

Prof. A. Kanagaraj, Chairperson of Placements at XLRI-Xavier School of Management, commented: “At XLRI, we have yet another amazingly successful summer placement season, which has broken all our previous records. We are proud of all the prestigious organizations. We are extremely grateful to the faculty, staff, and students from XLRI for recruiting our next generation of business leaders and for their continued support in this important journey.”

The top segments based on the roles offered were Consulting, Sales & Marketing, and BFSI.

Other roles include functions in product management, business development, brand management, analytics, and strategy.

Consulting and advisory firms made offers to around 25% of the batch, while IT and e-commerce firms recruited 22% of the batch.

FMCGs recruit 17% of the batch, while BFSIs recruit a select 10% of the batch for some of their most coveted roles.

Apart from all the above, organizations from several sectors, including FMCG, Consultancy, Pharma, IT and E-commerce, Government agencies, and Telecom, participated in the process.

XLRI (Xavier School of Management) has completed its Summer Internship Placement Process (SIP) for its largest segment of 470 students (2021-23 batch) of Business Management and Human Resource Management programs at both XLRI Jamshedpur and Delhi-NCR premises.

The highest wage offered for two months in the BFSI sector was Rs 6.8 lakhs.

Even amid the pandemic, XLRI increased the average stipend for the entire batch to INR 1.27 lakh per month, while the average stipend offered was INR 1.28 lakh per month. This is an increase of over 16% and 5% over the previous year.

The top recruiters in terms of the number of offers made were Amazon, The Boston Consulting Group, Bain & Company, Accenture Strategy, PricewaterhouseCoopers, Deloitte, Aditya Birla Group, and HUL.

The average monthly stipend for the top 10 percentile students was INR 1,82,000 per month, while the stipend for the top 25 percentile students stood at INR 1,63,500 per month.

Prof. A. Kanagaraj, Chairperson of Placements at XLRI-Xavier School of Management, commented: “At XLRI, we have yet another amazingly successful summer placement season, which has broken all our previous records. We are proud of all the prestigious organizations. We are extremely grateful to the faculty, staff, and students from XLRI for recruiting our next generation of business leaders and for their continued support in this important journey.”

The top segments based on the roles offered were Consulting, Sales & Marketing, and BFSI.

Other roles include functions in product management, business development, brand management, analytics, and strategy.

Consulting and advisory firms made offers to around 25% of the batch, while IT and e-commerce firms recruited 22% of the batch.

FMCGs recruit 17% of the batch, while BFSIs recruit a select 10% of the batch for some of their most coveted roles.

Apart from all the above, organizations from several sectors, including FMCG, Consultancy, Pharma, IT and E-commerce, Government agencies, and Telecom, participated in the process.

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