Wednesday, November 28, 2007

MAXI Fair - A Resounding Success

Born of the vision of XLRI’s eminent professor Dr Sharad Sarin in 1979, the Marketing Fair, then a novel concept, is today an accredited marketing research tool. Conducted by the Marketing Association of XLRI, this brilliant and innovative method goes beyond the blind testing concept and uses a “mela” or carnival milieu to conduct meaningful consumer behavior research. The underlying concept involves designing games and events as surrogates to actual research questions, in order to elicit unbiased and accurate information from customers regarding their preferences and perceptions. Tales from the Mahabharat, a Bhool Bhulaiya, even the legendary Vikram aur Betaal served as themes for the stalls, and helped in eliciting the unbiased responses of more than 4000 visitors during the MAXI Fair held on Sunday, 25th of November at XLRI Grounds.

The 29th edition of MAXI fair was inaugurated by the District Magistrate cum Deputy Commissioner of East Singhbhum District, Jharkhand, Dr Nitin M. Kulkarni. Dr Kulkarni lit the ceremonial lamp and went around the fair visiting the various game stalls set up by the students.

With corporate support well established over the years, the fair associates itself with top brands in all categories across sectors. This year saw an entire gamut of research problems from the top manufacturing and FMCG companies and from the fast growing retail industriy. With the Steel City now among the top 10 richest cities in India (according to a survey by Delhi-based Indicus Analytics, one of India’s leading economic research firms), the companies can expect higher research quality from the fair than ever before.

Besides this, there was also the 2nd edition of Rural MAXI Fair conducted on 24th November at Swaspur, a village near Rakha Mines. The research problems for Rural Fair were given by top corporates, Tata Steel and Aditya Birla Group, which wanted to find out more about the vast, untapped customer base made famous by C.K Prahlad. Committed to social causes, this initiative saw the students take a small step to help the society at grassroots levels. The entire setup was done keeping the rural population in mind, with lucid games which could be easily understood by the villagers; it attracted nearly 500 people from the villages to experience the fair.

Also conducted under the umbrella of the Marketing Fair was Shilp Mela, in association with SIGMA (Social Initiative Group for Managerial Assistance of XLRI). The Shilp Mela acts as a platform for local artisans to market their handicrafts and agriculture products, thus enabling XLRI to translate its mission of social responsibility into reality.

The biggest compliment to the efforts of the marketing community of XLRI has been the popularity of the event among the localities. With footfalls increasing year on year, the fair has captured a place in the hearts of people and has now becoming a part of the history of Jamshedpur. It is a platform for the management students to interact with the community of their residence, and is an annual event which children and adults of Jamshedpur look forward to.

Not only are the Marketing issues being addressed through an innovative manner, the students are also able to practice what they have learnt in the classrooms, design research games and events and implement them in the running of the “mela”. This year MAXI took a step further and collaborated with IMRB International (part of the WPP group), the leading market research company, as its Knowledge Partner to ensure an enhanced quality of study. The sponsors for the event included Tata Steel and Aditya Birla Group as Associate Sponsors, BIG 92.7 FM and also Pepsi as beverage partner.

Amar Babu (89BMD) as Lenovo's Managing Director

Lenovo names Amar Babu as Managing Director
2007-11-27 15:57:10

http://www.moneycontrol.com/

Lenovo today announced the appointment of R K Amar Babu as Managing Director, Lenovo India. Amar will be responsible for the overall business and growth for Lenovo in India.

Amar Babu has more than 17 years of multi-functional experience of which over 10 years have been in leadership roles. He was most recently the Chief Service Delivery Officer of Idea Cellular Ltd., and a member of Idea Cellular’s Executive Committee.

Prior to this, Amar served as Managing Director (South Asia), Sales & Marketing Group, Intel Technology (I) Pvt. Ltd., and was in charge of Intel’s business in South Asia (India, Pakistan, Sri Lanka and Bangladesh), as well as all sales and marketing operations. As an integral part of the regional management team, Amar’s mandate included driving business growth and strengthening Intel’s brand and presence.

Before that, Amar was Vice President (Operations) for HCL Information Systems, where he was involved in all key strategic decisions and responsible for consumer, channel and retail business. Amar’s achievements at HCL include leading the marketing and operations resulting in significant business growth, and re-establishing HCL’s Toshiba business.

“We welcome Amar into Lenovo Asia Pacific’s senior management team. Lenovo India is a key contributor to Lenovo’s global momentum. I am confident that Amar’s ability to lead and manage high performance teams, his track record for developing internal talent and his understanding of the role of culture in a company's success will aid our growth in India,” said David Miller, President of Asia Pacific and Senior Vice President, Lenovo Group.

“Lenovo is a growing force in the global PC market and has achieved impressive traction in India, in a short span of time. I’m delighted to be part of an organization that takes pride in its multicultural heritage and customer-centric innovation,” said Amar Babu.

Amar has also worked at Citibank NA and HCL Hewlett Packard Ltd. Amar is a Management Post Graduate from XLRI, Jamshedpur and has an Engineering degree in Electrical & Electronics from PSG Tech, Coimbatore

Tuesday, November 27, 2007

XL Singapore - First Convocation

The first convocation for the XLRI Singapore branch will be held this Saturday 01 Dec 07 at 09:30am.

Mr. Gautam Banerjee, Executive Chairman, PwC Singapore will be the Chief Guest.

Dr. Shree extends the invitation to all the XL Alumni.

The Event would be held in "Possibility Room", Fifth Floor of NLB, Victoria Street.

The Function would start at 9:30 AM. Kindly be seated by 9:15 AM.

Monday, November 26, 2007

2 XLers on CNBC

please do have a look (it features two xlers of 84 and 87 vintages....
and someone else who looks quite familiar to me ;0))

http://www.moneycontrol.com/india/video/stockmarket/09/13/newsvideo/314454

ciao
madhukar

~~~
A fast growing economy is good news for everybody. But not for the HR Head. For him it is one big battle out there for skills and talents.To reward the trying efforts of organizations, to keep talent staying and growing, CNBC-TV18 has initiated the best employer of choice awards for the first time this year. And it was not easy deciding the winner. It took a close door daylong debate amongst an eminent jury to decide the winner, reports CNBC-TV18.

Knowledge partner Watson Wyatt placed before the jury members the findings of its survey based on its international methodology - WorkAsia ™. The core focus of this methodology is ranking employee engagement. Employee engagement constitutes commitment that is employees are motivated to help the organisation succeed and line of sight, that is employee knows what to do in order to make the organisation successful

70% weightage is given to the employee perspective. So it is an Employer of Choice awards but based on the employee perspective. The Employer is judged on the HR practices, he has put in place for which 30% weightage is given

The Jury comprising K Ramkumar, Group Chief Human Resources Officer, ICICI Bank, Madhukar Shukla, Professor, XLRI, Jamshedpur, Ganesh Chella of Totus Consulting, Chennai and Tarun Seth of Shilputsi debated the findings day long, throwing up learning’s for everyone.

The key revelation from this debate was that the adoption of well known HR practices do not necessarily bring in the highest employee satisfaction scores. This threw up surprise findings, where companies known to adopt the best HR practices did not figure in the top ten as their employee satisfaction scores were low.

But to know more and catch the winners, we will need to wait till November 27 where the Employer of Choice Awards will be given out at a glittering function at Mumbai.


XL's Summer Placement coverage on IBN Live

here:
or at

ciao
madhukar

Thursday, November 22, 2007

Employer branding is tokenism in India

From Economic Times

There's a perception-reality gap
/photo.cms?msid=2560824
Madhukar Shukla
Professor at XLRI Jamshedpur

A brand is something that is woven around a product. A good employer brand would, and should, represent the personality, the soul of the company. Building such a brand requires a lot of introspection by the company, and answering the question, “what kind of company we are, and want to become”; it must involve all the constituents of the organisation.

In most cases, however, companies treat ‘employer branding’ as a mere short-cut for attracting the talent. Instead of soul-searching, the HR departments tie up with ad agencies to conjure up an image that may be attractive to their target market, even if not their own. That’s a real dampener for new recruits––there’s a perception-reality gap they’re confronted with. The myriad ‘Best Employer’ media surveys add fuel to fire as they bring out checklists. So a ‘fun place’ for some may not be the same for others.

If one looks at successful employer brands carefully, one finds that companies do not do it consciously. For instance, when Sasken Technologies was a growing company in 2001, they decided what kind of organisation they want to be. Out of this introspection came things like their single-status policy, wherein all employees, whether the CEO or the young programmer, would be treated at par––such as every company executive would travel in the same class, etc.

Now this may attract certain kind of people, and it may also ward off others who wouldn’t like to ‘work in a commune’. Sasken certainly didn’t do this to attract talent. But later, such policies became the chief constituent of the company’s employer branding policy.

Similarly, Infosys, Wipro and TCS never consciously built a brand. They just built a workplace that would be productive and where people would be happy. Employer branding becomes a tokenism when it doesn’t fit in the DNA of the company. And, there needs to be a lot of self-sustained and conscious effort needed to create such a fit; to ‘become oneself’.

The Tatas would never like to become like Reliance, or vice-versa. The brand as an employer must provide a long-term advantage. And this advantage comes only when the profile of the candidate fits well with the profile of the company. Also, one must also appreciate that employer branding works mainly at the entry-level since the mid-level workforce and upwards look at other things, such as job profile, career enhancement et al.

Monday, November 19, 2007

XLRI Alumni Homecoming 2007 - Photos

folks...
just got back from the XL Alumni homecoming... totally awesome to go back after almost 7 years... those of you who've been back for recruitment etc will know how much the place has changed since we've been gone... but for the one's who haven't been back for a long time .. well...
the students live in the lap of luxury, at least compared to our time... ac classrooms... access controlled keypad locked doors in the hostels... indoor baddy court.. floodlit tennis... different canteens... wi-fi enabled campus.. 10 mbps internet conection... music and movie servers... the list goes on...
there are also almost 800 students on campus... how is that, you ask?.. well.. the 130+240 students of both years of the flagship PMIR and BM programmes... then there are the 1 year General Management Programme students... the 6 month Defence programme students.... the Accenture-XL programme students... the ICICI Pru-XL programme students...
it's a pity XL-IIMC is not happening anymore.. else we'd have whooped some serious joka a*ss.. by sheer weight of numbers alone... sportscomm ka wet dream and all that...
physically the place is pretty different.. new hostels for the men and women... swanky acads block... neat gym... ATM... library that's open 24 hours... no CC anymore... well-tended gardens and lawns..
anyway.. link to photos i took is below...
~nitin

XLer launches a gyan sharing website

Hi

If you’ve seen Scribd.com and wondered where you could head to for management gyan, here’s the answer.

XLer Avneet Jolly has come up with a web 2.0 answer for management knowledge sharing.

Check out http://insightory.com

Here’s my review

http://gauteg.blogspot.com/2007/11/insightorycom-for-knowledge-sharing.html


For suggestions and feedback, mail Avneet directly.

Gautam Ghosh

Senior Consultant

Tvarita Consulting: http://www.tvaritaconsulting.com

XLRI Homecoming 07: The Idli Boy Steals the Show

[http://www.telegraphindia.com/1071119/asp/frontpage/story_8563193.asp]

Jamshedpur Nov 18th (The Telegraph): A packed Tata auditorium listened with rapt attention to Sarathababu Elumalai, who was here to share his rags-to-riches story during the XLRI annual Homecoming ceremony.

The other speakers on the topic "Entrepreneurs - Carpetbaggers or Nation-Builders" included, Mr S Sivakumar (Chief Executive, ITC Agri-Business), Mr Manish Sabharwal (CEO-Founder, Teamlease), Mr Gautam Mallick (CEO-Founder, LSI Financial Services).

The youth from Chennai, an IIM graduate who refused a brilliant job to start a catering service, said: “I was born in a family of five children in Chennai and my mother worked with the government’s mid-day meal schemes. The money was not sufficient to sustain the large family, so she set up a small idli shop near our home in one of the slum areas of Chennai.”

The founder of FoodKing Catering Services, which today serves home-made hygienic food to offices in Ahmedabad and Goa, recalled how in Class IX his teachers had to persuade him hard not to quit studies.

From selling idlis on the pavements of Chennai to binding books for students, Elumalai had done it all till he reached BITS, Pilani. “I had never heard of the institution as we never got such an exposure. Someone told me that if I study there I will get a job,” he said.

After the engineering degree and a three years’ stint in the corporate world, Elumalai moved to IIM (A).

“The kind of salary and position an IIM graduate is offered is very difficult to turn down. But if I had not taken such a decision, I would have never been able to start my business,” he said.

The business, which started with a mere Rs 5,000 and a small kiosk at Ahmedabad, has today spread to over six branches employing over 175 people whose only job is to supply nutritious home-made food to corporates.

“It was an idea that I chanced upon during my internship at Pilani when I learnt that 30 per cent of the country’s population go to bed without food,” he said.

“More than working for somebody I wanted to give jobs to people like me, who did not have other means of livelihood.”

Soon his company would venture into other cities and provide employment to at least 15,000 people.

And while Sarathababu surprised everybody with his stories, XLRI today too put its first step in the same direction. After almost three years of negotiations, the much talked about Social Entrepreneurship Trust (SET) was formed today.

Aimed at funding and supporting innovative social entrepreneurship ideas, the trust which is the first of its kind would also work for different tribal upliftment projects in Jharkhand and would provide scholarships to tribal youths for further studies....

--
Posted By Madhukar to XLRI Alumni: Making News at 11/19/2007 10:04:00 AM __._,_.___

Sunday, November 18, 2007

Dean Joe Philip visiting Mumbai : Meetup

Hi Folks!
I am delighted to inform you that Prof. Joe Philip will be in Mumbai on 26 - 27 November 2007. As many of you know, he was our Dean in the 1970's, and he is currently President, X I M E (Xavier Institute of Management and Entrepreneurship), Bangalore.
Prof. Philip would very much like to meet you, especially if you are from one of the early batches. He also intends to call on some of the major recruiters in Mumbai - it would be great if you can help set up some of the appointments. Can you suggest any company where you can use your good offices and do the needful?
A dinner meeting is being organized in South Mumbai on Monday, 26 November. The details will be communicated as soon as they are finalized. Please do contact me if it will be convenient for you to join us.
Look forward to meeting you!
M.Balachandran BM 1972

Thursday, November 15, 2007

XLRI Launches Father Arrupe Centre for Excellence (FACE)

From Cool Avenues

A centre for excellence, Father Arrupe Centre for Excellence (FACE), to promote the human face in all its
goodness, in the image and likeness of God, was launched on 14th November 2007 at XLRI, Jamshedpur.

FACE is named after Father Pedro Arrupe, who was the Superior General of the Society of Jesus from 1965 to 1983. It has been inaugurated by Mr. Anand Nayak, Executive Vice President, ITC. FACE is an open center which hopes to provide a wonderful platform for business organizations, NGOs, government, students and faculty from XLRI and other institutions to come together on key local, national and global issues. This initiative has been taken by Father Paul Fernandes, Professor, Business Ethics, at XLRI and has been heartily welcomed by Father N. Cashmir Raj, Director, XLRI, and the Governing Body of XLRI.

Father Pedro Arrupe was a medical student and doctor when he joined the Jesuits. He was a novice master at Yamaguchi, near Hiroshima when on 6th August 1945, Hiroshima was nuclear bombed. He cared for the wounded, twisted with pain, the dying. He understood the injustice that causes such things very well and went on through his talks to educate the world of the horrors of nuclear war. He was the Provincial of Japan Jesuit province and was elected General of the Society of Jesus in May 1965. He taught that Jesuit education has as its aim the preparation and formation of men and women for service of others.

By becoming a member of this newly emerged centre, FACE, one would be able to heartily contribute to the society, as FACE incorporates within itself a social center, an environmental center, a spiritual center, an educational center, a research and study center, a center for Governance, Public Governance, Corporate Governance and Citizenship, a center for Corporate Social Responsibility, a center for Students, Faculty, NGOs, Educationists, Corporate Citizens, Environmentalists, and a center for peace and justice. It is an open center which hopes to provide a wonderful platform for business organizations, NGOs, government, students and faculty from XLRI and other institutions to come together on key local, national and global issues affecting the lives of millions of people in the next three to four years.

FACE comes into being on this year’s Children’s Day as it would be the centenary of the birth of Father Pedro Arrupe. It is named after Father Arrupe, because just like him, this centre wants to help those who are in urgent needs, not for some selfish gain but with love, knowing humbly that they will do the best they can which may only be limited by their availability and capabilities. FACE draws inspiration from him, and from his global leadership in guiding the Jesuits world-wide in all their activities and endeavors.

XLRI alumni set for homecoming with ethical recharge


Jamshedpur, Nov 14 (Financial Express): In a world where alomost everyone wants to earn more profit by any means, the alumni of XLRI, spread all over the country and abroad, are set to gather here for the fourth 'homecoming' this Saturday. Amid fun and nostalgia, they will recharge themselves with ethics, values and care for the society at large--things they learned here during their student days.

"It's a homecoming where they touch trees and visit fond places of their student days…" said Bushen Raina, president of the National Alumni Association of XLRI.

Like the previous three occasions, this year too around 250 former students representing six decades of the B-School will be here. They will also be representing various famous groups and companies spread across the world.

"Focus on ethics, values and the society at large that the institute inculcated in us are very important tenets to become successful as managers," said Raina, himself an XLRI student of the 1973 batch.

During the first 'homecoming' in 2004, a debate on 'Ethics in business is an oxymoron!' was organised. Wipro CEO Azim Premji and ex-CEO of Indal/Haldia Petrochemicals Tapan Mitra were among the panelists. This year, the debate will be on 'Entrepreneurs: Carpetbaggers or Nation-Builders', and the four-member panel will include E Sarathbabu (founder of Food King Catering Services Pvt Ltd), Manish Sabharwal (founder & CEO of TeamLease Services), S Sivakumar (chief executive, ITC agribusiness/e-choupal) and Anjan Dutt (a social and cultural entrepreneur-cum-director/producer). Business World deputy editor Rajeev Dubey will act as the moderator.

According to Prof Madhukar Shukla, OB & strategic management teacher at the B-School, even today every batch is sent to interiors of Jharkhand/Orissa for a month to gather experience on rural economy and to help people residing there. These trips are arranged in association with NGOs.

An XLRI team had recently designed a model course for computer-illiterate young people of Jamshedpur to give them an idea of how to operate a computer.

"Priests used to play a major role in our education here by way of setting examples by offering their services to society," recalled Radhakrishnan Nair (a 1984 batch student), chief human resource officer of Tata Steel.

The National Alumni Association and its Jamshedpur Chapter have set up the XLRI Social Entrepreneurship Trust, a registered one, enabling the alumni to contribute for good causes.

The association is set to institute the Distinguished Alumni Award from next year, criterion for which will be laid down and announced during the November 17-18 meet.
0 comments

Wednesday, November 14, 2007

XLRI set for varsity status

From The Telegraph


Jamshedpur, Nov. 13:
XLRI School of Business and Human Resources is set to get deemed university status.

XLRI director Father N. Casimir Raj told The Telegraph: “UGC has agreed in principle to grant us deemed university status.”

He, however, clarified that that though a verbal assurance has come from the University Grants Commission, the business school is yet to receive a formal notification.

“UGC has verbally told us that in principle they agree to our proposal for deemed university status which was sent about a year ago. Now we will pursue the matter so that the written confirmation reaches as soon as possible. We will then apply for a no-objection certificate (NOC),” Fr Raj said.

An NOC from the state government is a must for any institute to begin autonomous operations.

At present, Birla Institute of Technology (BIT), Mesra, and Indian School of Mines, Dhanbad, are the other deemed universities in the state.

Explaining the benefits of a deemed university, the director said the move would give XLRI the freedom to start various undergraduate courses on its own.

“There was a demand for undergraduate courses for quite sometime, but we were not too keen to go in with Ranchi University. Deemed university status will help us pursue our own courses,” he said.

Some of the new courses the B-school wishes to introduce are Bachelor in Computer Applications (BCA), Bachelor in Business Administration (BBA), BSc in Information Technology (BSc, IT) and a degree in agricultural engineering.

With the new status, XLRI can also award degrees to students instead of the regular post-graduate diplomas that it confers now.

It would get help from the Centre and the UGC in pursuing research projects, which are self-funded now.

The business school is also looking forward to receiving outstation students in Jamshedpur at the undergraduate level and also stop the exodus to some extent.

“It’s not possible to bring in change overnight, but if an institute of XLRI’s repute begins a course at the undergraduate level, we can expect at least some percentage of students from the state. We can also get students from outside the state to come to Jharkhand for higher education,” Fr Raj said.

BIT Sindri has also applied for deemed university status, said Fr Raj, who is the chairman of its board of governors.

Tuesday, November 13, 2007

Alumni Homecoming - A Curtain Raiser

Hello folks!

Thanks to all who have registered, and for the info for others who haven't....
Here is the glimpse...
Like the previous 3 years, we will be organising the 4th Annual XLRI Alumni Homecoming on the coming weekend (Nov 17-18, '07). This annual event brings some alumni from across six decades back to the alma mater, representing different geographies, and companies.

I will be sharing the schedule of the day with you later, but this is to block your dates and to invite you for the Panel Discussion which is part of the agenda.
Besides appraising the alumni and the interactions, the panel discussion is one of the main events of the Homecoming, which will be held in the evening in the Tata Auditorium (Nov 17th, 6:30pm). Every year we select a contemporary issue and invite practitioners from the field to share their thoughts and experience on the issue.
This year the topic for panel is Entrepreneurs: Carpetbaggers or Nation-Builders?
The purpose of the Panel is to profile the entrepreneurs/ entrepreneurial ventures (from various sectors) whose work also aims at initiating systemic changes in the society.

1. Mr E Sarathbabu (the young IIMA graduate who founded the Food King Catering Services Pvt Ltd. to create employment)
...from the 2006 batch of IIMA, he created a stir when he refused a high-paying job at the campus, and decided to start his own enterprise, The Foodking Catering Services. The vision of his enterprise states (http://foodkingindia.com/). He was inspired by his mother who brought him and his sibling up by working in the mid-day meal scheme and selling sold idlis on the pavements of Chennai. Inaugurated by the Infosys co-founder N R Narayana Murthy, Foodking has grown from a small kiosk to six branches (four in Ahmedabad and one each in BITS Pilani campuses in Pilani and Goa).

2. Mr Manish Sabharwal, Founder & CEO, TeamLease Services,
...is the Chairman and co-founder of Teamlease Services, India’s largest temporary staffing firm with over 75,000 employees in 675 cities locations across India. He is also a member of the Planning Commission steering committee on labor and employment for the Eleventh five year plan (2007-12) and is a member of the CII core group on labor reforms.

3. Mr S Sivakumar, Chief Executive ITC - Agri-Business/e-Choupal
...the CEO of the Rs.3,500/- division, he is also the brain behind the largest internet-based initiative in rural India. 'e-Choupal' services today reach out to more than 3.5 million farmers growing a range of crops - soyabean, coffee, wheat, rice, pulses, shrimp - in over 38,500 villages through nearly 6500 kiosks across nine states...
4. Mr Anjan Dutt, Socio-Cultural Entrepreneur, Director/Producer of “The Bong Connection” & “Bow Barrack Forever”
...is a pioneer in Bengali music, and a multi-faceted artist who is a singer, composer, actor and director. He is the producer/director of the cross-over films like “The Bong Connection” and “Bow Barrack Forever”, besides working for Films such as “Mr & Mrs Iyer”, “City ofJoy”, Yugant”, “Antareen” etc. He is known to have rejuvenated the Bengali music by blending it with the modern and contemporary culure and social issues (e.g., his songs about the killing of Christian Missionaries in Orissa, Bandra Blues, etc.)

5. Mr Rajeev Dubey, Dy Editor, Business World will moderate the discussions
more to come
;0)
madhukar

Monday, November 12, 2007

Top companies hire XLRI grads for summer internships

MBAUniverse.com Bureau
Nov 12, 2007
Jamshedpur based XLRI has completed its summer placement process for internships in summer of 2008. The process was a success with the crème-de-la-crème of the corporate world vying for the talents, informs XLRI.

The profiles offered were varied, from Hedge Funds to Retail Banking, Strategy Consulting to Human Resources, and Branding to Operations.

With domestic stipends reaching astronomical heights of Rs. 5 Lakhs, offered by Lehman Brothers, the process resulted in the batch of 2009 being placed in roles with the leading companies in the industry, both from India and abroad. Lehman Brothers, J P Morgan Chase, Hay and Microsoft offered stipends of more than Rs 1 lakh for domestic offers. Novartis, HUL, ABG, P&G, Transworld, Asian Paints and ICICI made foreign offers.

HSBC, Ernst & Young, ABG, Edelweiss, Deloitte Consulting, IBM and Nokia were the largest recruiters this year with the highest number of accepted offers. Other premier recruiters include Carlyle, Accenture Business Consulting, KPMG, TAS, Yahoo etc.

At XLRI, 27% of the students signed up for summer placements in the Finance sector. Lehman Investment Banking, EightCapital Hedge Fund, Indea Capital, Lotus Asset Management, J P Morgan Chase, The Carlyle Group, Edelweiss, Rabo Bank, Goldman Sachs, HSBC, Citi Bank, Standard Chartered, ICICI Bank, Axis Bank and SBI Capital Markets were some of the coveted companies that picked up XLRI grads.

Says XLRI, "We today boast of a faculty size of twenty in the area of Finance and Economics, which is unrivalled across B-school campuses in India. This long term vision of XLRI has produced excellent results in terms of the recruiters visiting XLRI."

According to XLRI, 21 % of the summer offers come from consulting companies including KPMG Consulting, Ernst & Young Human Capital, Hay Group, Hewitt Associates, Mercer Consulting, Accenture Business Consulting, Deloitte Consulting and IBM Business Consulting, Price Waterhouse Coopers and Tishman Speyers International Consulting.

In the domain of marketing organizations like Asian Paints, Britannia, Cadbury, Coke, Colgate Palmolive, GlaxoSmithKline, HUL, ITC, Johnson & Johnson, Marico, Nestle, P&G, Pepsi and Reckitt Benckiser offered summer jobs. In all, 37% of the students signed out with offers from FMCG / Manufacturing firms.

Says Professor Uday Damodaran, Chairperson of the Placement Committee, XLRI, "The challenge of running a placement system is one of continuously catering to the changing preferences/ needs of the students and recruiters. Reflecting the changing preferences of students all over, at XLRI too we saw- this year- a larger proportion of students interested in taking up summer assignments in the finance domain/ consultancy sector. To the credit of the student Placement Committee, they have been able to successfully address the needs of the students who participated in the summer internship programme."

XLRI Students Start Computor Training for Tribal Villagers

Monday, November 12, 2007

XLRI Students Start Computor Training for Tribal Villagers

Jamshedpur, Nov. 11 (The Telegraph): Residents of Dorkasai village might not have touched a computer. But some of them would set a dose of IT and that too from the prestigious XLRI.

This morning marked a beginning for about 50 tribals — youths and children — from the village in Potka block, as they attended the B-school’s first basic computer literacy programme.

XLRI students would teach the tribal students on the campus. The batch comprises of students in the age group of 15 to 26.

Secretary of the Social Initiative Group for Managerial Assistance at XLRI said they got the idea to organise such classes after a field trip.

“During our village exposure programme a year ago, some villagers in Dorkasai expressed their desire to learn computers. They asked our students to come there and teach,” said Victor Prasad, secretary of the students’ body.

The XLRI students returned from the village but could not leave behind the request of the villagers.

“Then we thought if we cannot go there, why can’t the villagers come here (to Jamshedpur),” added Victor.

The initiative took a big leap when XLRI tied up with Gram Vikas Kendra, an NGO under the aegis of Tata Motors, to carry on the project. Loyola Project School and XLRI’s information technology wing Socrates also joined the venture.

The basic programme has 12 modules of three hours each. Thought the tribal students would have to travel from their village to the steel city for the weekly classes, their travelling expenses would be reimbursed. Dorkasai is about, 12km from Jamshedpur.

About 50 students from nearby areas would also join the group from Potka. These students are being brought in under a Loyola project.

An advanced module would follow the present course.

Sunday, November 11, 2007

Swaranjali @ XLRI - invitation to alumni

SPICMACAY

presents

Swaranjali

A celebration of Indian music and dance

Programme

November 12, 2007, 8:00 pm onwards

Celebrated flutist Pandit Ronu Majumdar

November 13, 2007, 7:00 pm onwards

Renowned Kathak exponent Dr Malabika Mitra

Eminent Sarod player Parthosarodi

Venue

TATA Auditorium, XLRI School of Business & Human Resources

Free Entry.

You are cordially invited to attend.

Thursday, November 8, 2007

Summer Placements Blaze at XLRI

http://xlri.blogspot.com/2007/11/summer-placements-blaze-at-xlri.html

The Summer Placement Process at XLRI was a resounding success, with the crème-de-la-crème of the corporate world vying for the best talents of this country. The profiles offered were varied, from Hedge Funds to Retail Banking, Strategy Consulting to Human Resources, and Branding to Operations.

With domestic stipends reaching astronomical heights of Rs. 5 Lakhs (Lehman Brothers), the process resulted in the batch of 2009 being placed in exclusive roles with the best companies in the industry, both from India and abroad. Lehman Brothers, J P Morgan Chase, Hay and Microsoft offered stipends of more than a lakh (for domestic offers), while Novartis, HUL, ABG, P&G, Transworld, Asian Paints and ICICI made foreign offers. HSBC, Ernst & Young, ABG, Edelweiss, Deloitte Consulting, IBM and Nokia were the largest recruiters this year with the highest number of accepted offers. Other premier recruiters include Carlyle, Accenture Business Consulting, KPMG, TAS, Yahoo etc.

XLRI makes Inroads into Finance & Economics

XLRI’s core strength lies in its fundamentals of Faculty and Student Quality. XLRI today boasts of a faculty size of twenty in the area of Finance and Economics, which is unrivalled across B-school campuses in India. This long term vision of XLRI has produced excellent results in terms of the recruiters visiting XLRI such as Lehman Investment Banking, EightCapital Hedge Fund, Indea Capital, Lotus Asset Management, in addition to the premier traditional recruiters like J P Morgan Chase, The Carlyle Group, Edelweiss, Rabo Bank, Goldman Sachs, HSBC, Citi Bank, Standard Chartered, ICICI Bank, Axis Bank and SBI Capital Markets. 27% of the students signed out with offers from the Finance sector.

The Top Consults prefer XLRI

XLRI strengthened its relationships with the Consulting Prima Donnas with 21% of the offers coming from KPMG Consulting, Ernst & Young Human Capital, Hay Group, Hewitt Associates, Mercer Consulting, Accenture Business Consulting, Deloitte Consulting and IBM Business Consulting. The consulting clique was further enriched by the esteemed additions of Price Waterhouse Coopers and Tishman Speyers International Consulting.

The Place to be for Marketing Professionals

XLRI's proven track record as an FMCG favourite was reinforced by the active participation of top organizations - Asian Paints, Britannia, Cadbury, Coke, Colgate Palmolive, GlaxoSmithKline, HUL, ITC, Johnson & Johnson, Marico, Nestle, P&G, Pepsi and Reckitt Benckiser. 37% of the students signed out with offers from FMCG / Manufacturing firms.

The legendary leadership of XLRI in HR and Marketing is now being rivalled by its solid reputation in the Finance and Consulting Areas. The motto of ‘Excellence and Integrity’ has shone through in the quality of students and companies in the Internship process, the best of Corporate India vied among itself to offer challenging and rewarding roles to the students.

Professor Uday Damodaran, Chairperson of the Placement Committee, commenting on the successful completion of the Summer Internship Process, had this to say “The challenge of running a placement system is one of continuously catering to the changing preferences/ needs of the students and recruiters. Reflecting the changing preferences of students all over, at XLRI too we saw- this year- a larger proportion of students interested in taking up summer assignments in the finance domain/ consultancy sector. To the credit of the student Placement Committee, they have been able to successfully address the needs of the students who participated in the summer internship programme”

Summer Placements 2008 @ XLRI - Highlights

  • Highest Domestic Stipend of Rs 5 Lakhs by Lehman Investment Banking
  • Highest International Stipend of Rs 1.75 Lakhs by Novartis
  • Around 10 overseas offers were made from Novartis, HUL, ABG, P&G, Transworld, Asian Paints and ICICI
  • 2/3rd of the batch placed in Slot 1 in less than 36 hours
  • First time recruiters in the Financial sector include Lehman Investment Banking, 8 Capital Hedge Fund, Indea Capital, Lotus Asset Management etc
  • 20 companies took part in the process for the First time
  • 60+ companies made internship offers to the batch

Sector Wise Breakup

Sector

Accepted Offers

Percentage

Finance

48

27.0%

Consulting

37

20.8%

Marketing

66

37.1%

Systems

22

12.3%

Other

5

2.8%

Total

178

100%