Showing posts with label Placements. Show all posts
Showing posts with label Placements. Show all posts

Friday, March 12, 2010

XLRI Placements see 20% increase

From Economic Times

AMSHEDPUR: Pharma major Novartis offered the highest placement offer of Rs 50 lakh (USD 1,10,000) at the XLRI School of Business and Human
Resources here for its prestigious HR leadership role at Basel, Switzerland.

The highest domestic package was Rs 26 lakh made by a consulting firm for its Mumbai desk whereas the average domestic package was at Rs 14.2 lakh, a 20 per cent increase over last year's figure.

The placement process attracted 75 companies giving a total of 205 offers to a batch of 120 Business Management and 60 Personnel Management and Industrial Relations (HR) students, XLRI Placement Committee Secretary Venkatesh K told reporters here last evening.

The campus recruitment programme 2010 saw 90 per cent of the batch accepting offers made by some of the most coveted organizations for their Indian and international locations followed by a strategically planned rolling process which enabled 100 per cent placements, Venkatesh K said.

XLRI, Venkatesh K said, maintained its position as a destination for premier finance roles as 28 per cent of the total offers came from the financial sector such as Goldman Sachs, Nomura Holdings, Edelweiss, Deutsche Bank, Citibank, HSBC, Standard Chartered, ICICI, Axis Bank and YES Bank.

He said marketing has drawn renewed interest from the students and was the most sought after profile with 30 per cent accepting offers.

A total of 25 per cent of the students received top notch consulting offers.

"XLRI has once again reinforced its long standing supremacy as the best B-school in Asia-Pacific for Human Resources Recruitments continues to be robust and growing with the participation of major firms in this sector."

Sunday, August 9, 2009

XLRI grads getting pre-placement offers despite economic downturn

From The Economic Times

XLRI Jamshedpur’s 2008-10 batch is already witnessing good pre-placement offers (PPOs) and pre-placement interviews (PPIs) despite the

overall downturn in the economy. About 10% of the Class of 2010 has already received such offers, primarily from the FMCG and general management sectors.

The leading organisations that have made these offers include Hindustan Unilever, TAS, Aditya Birla group, L&T and The Times Group.

XLRI School of Business and Human Resources director Fr E Abraham, S J, said: "We are expecting more offers to come in from the financial and consulting sectors apart from the other ones during August and September 2009 as hiring decisions are finalised by most of the companies during the second quarter. With improved signs of recovery in the economy, after good Q1 results, students are hopeful of better placements and internships in the year ahead."

This year, XLRI’s Personnel Management and Industrial Relations (PMIR) has seen the size of the batch doubling as against 60 last year. The batch size of XLRI has gone up to 240 this year including 120 students from the Business Management (BM) programme.

Saturday, March 28, 2009

XLRI achieves 100% placement

From Business Standard

XLRI School of Business & Human Resources, Jamshedpur (XLRI Jamshedpur), has completed its final placement procedure with all its 180 students getting placed.

The highest salary offered this year was Rs 22 lakh, while the highest international offer this year was $110,000. Around 76 companies visited the campus this year and made 193 offers to a batch of 180 students. The average domestic salary package offered this year was Rs 12.12 lakh per annum.

This year companies were conservative in terms of pre-placement offers (PPOs), with 30 PPOs being offered. Around eight students ventured with their own niche business plans.

Last year, 57 companies came to campus and made 298 offers to a batch of 180 students. The average domestic offer last year was Rs 14.75 lakh and the highest domestic offer was Rs 28 lakh. Around 12 international offers were made with an average of $90,000, while the highest was $100,000.

Despite news about job cuts, recruitments in human resources continued in the consulting, FMCG and finance sector for international banks and group companies alike. Various specialised roles were offered, such as the one by global pharmaceuticals major, Novartis, offering its HR leadership role at Basel, Switzerland, exclusively to XLRI, making the highest international offer of $110,000.

XLRI’s commitment to promoting and fostering entrepreneurship received a boost this year. With the introduction of deferred placements for students starting out on their own, XLRI established a new legacy in promoting nation builders. This year saw the launch of three startups. Also, one student signed out with deferred placements.

XLRI recently raised close to Rs 14 lakh from its alumni network and other donations towards its XLRI Social Entrepreneurship Trust. The Singapore chapter has also generated close to SGD 5,000. This would go towards the seed fund reserved for student entrepreneurs.

Notwithstanding the financial crisis, XLRI maintained its stand as a premier finance destination with 30 per cent of the total offers coming from the financial sector. Offers were received in investment banking, treasury, corporate finance, commercial banking and insurance. The domestic investment banks were led by Centrum and SBI Capital. Banks such as Citibank, HSBC, Standard Chartered, ICICI, Axis Bank and Bank of Baroda offered roles in their treasury and foreign exchange desks as well as their corporate and retail banking functions.

The Securities & Exchange Board of India (Sebi) recruited from XLRI for the first time, while roles in trading were offered by Futures First. The insurance sector recruited in their product development and distribution functions. Firms such as Bharti AXA, HDFC Ergo, ICICI Lombard and ICICI Prudential offered product structuring roles to students. Corporate finance roles were offered by the likes of Pepsi, L&T, Tata Steel, among others.

Thursday, March 5, 2009

B-schools assist student-entrepreneurs

From Business Standard

Business Standard (Kolkata March 03, 2009, 0:19 IST): While venture capitalists (VCs) are reluctant to fund several entrepreneurial ideas this year, a few of the country’s B-schools are helping student entrepreneurs to go ahead with their own ventures by providing seed funds, mentorship and using the alumni network to raise funds and get in touch with useful contacts.

While many B-schools and IITs have introduced deferred-placement-policy, which enables students to take a break from placements for a maximum period of two years and even come back for it in case the venture does not kick off, students, on the other hand, have been making progress with the funds provided by respective institutes and alumni networks.

Though the final placement season is likely to continue for another month in many B-schools, several students have already put their business ideas in place.

XLRI Jamshedpur is the forerunner so far, with as many as three business plans in place.

According to Madhukar Shukla, a professor at XLRI, “XLRI recently raised close to Rs 14 lakh from its alumni network and other donations towards its XLRI Social Entrepreneurship Trust. The Singapore chapter has also generated close to SGD 5,000. This would go towards the seed fund reserved for student entrepreneurs. Right now, the students are looking to generate more funds to complete the various orders they are receiving from companies on a trial basis.”

“As many as seven students may opt out of placements this year. Each venture needs large funding. If the students are able to get it, which is a work-in-progress, they will opt out of placements. Otherwise, one person from the team will stay with the venture, while the others will perhaps take up a a job to keep the venture going... but for sure, whichever way, the ventures will continue,” Shukla said.

‘Parichay’, an initiative by XLRI students, is a venture to connect rural and tribal artisans and craftsmen to the mainstream market. According to the student body handling Parichay, a large part of India’s traditional rural and tribal art is dying because the artisans, being disconnected from the market, have not been able to contemporise their designs, and since they have no direct access to the market, they do not find their work remunerative enough to continue.

The students have roped in a few designers, who have developed product-prototypes for them, and are negotiating with NIFT, Pearle Academy and others, who have shown interest to send their students for internship.

The Parichay members have also built the ‘Learning & Design Centre’, where the rural tribal artisans are being trained to develop the product prototypes. The students are also in the initial stages of negotiation with Nabard, which has shown interest in the venture. The ‘Parichay’ team has already got close to Rs 3 lakh as seed funding from XLRI, and has also generated some funds through the prize money in various competitions.

Another initiative by the students of XLRI is ‘Swavalamban’, a venture that aims to use ‘ox-driven generator’ (a technology patented by a BIT Mesra professor of 20 years’ standing, and a known name in the renewable energy circles) to provide electricity to the villages in Jharkhand. So far, the Swavalamban team has an order from the Jharkhand Renewable Agency Development Agency (JREDA), and has also got sanction from the Jharkhand tribal minister to electrify one village as a working ‘proof of concept’. Tata Motors’ CSR department and SEEDS (an NGO) have showed interest by ordering five units each for testing in their villages, while NTPC has shown interest to acquire 200 units at a research level. Larsen & Toubro has seen the prototype, and in principle agreed to acquire some for their CSR activities.

A third project, Dream4Others, is the youngest of all ventures at XLRI. The venture aims to use online market surveys to generate funds for registered NGOs. It is being mentored by a director at A C Neilson.

Likewise, at Xavier Institute of Management and Entrepreneurship (XIME) Bangalore, at least two students are opting out of placements this year to pursue a project that converts petrol-run two wheelers into CNG-led vehicles. According to Nigel Job, one of the two students opting out of placements to pursue this venture, “This project ensures savings of close to Rs 6,000 every year on fuel prices and is eco-friendly too. Our project will convert two wheelers which are running on petrol to CNG.”

“The start up cost is close to Rs 15 lakh. We are talking to National Entrepreneurship Network (NEN) and a few venture capitalists for the funds,” informed Ranju George, another student who is opting out of XIME Bangalore placements this year to pursue this venture.

At S P Jain Institute of Management & Research, first-year student Praveen Gera plans to start a venture on manufacturing auto-ancillary parts made from carbon fibre, which is expected to ensure longer life with smooth and durable texture. “Around Rs 1.3 crore is the capital required for this project. There are four of us involved in this project and we intend to opt out of placements next year to pursue this project. Our institute helps students with seed fund of up to Rs 20 lakh,” Gera said.

At IIM Calcutta, at least two first-year students are opting out of summer placements to pursue their own ventures. Pranav Kumar, a first-year student of IIM Calcutta, has decided to pursue a venture on mobile value-added-services. He, with his team of six others, has started ‘Mobme’, a social networking venture on mobile. “The entrepreneurship cell at IIMC is helping us meet several venture capitalists. We are also looking at angel funding for our venture,” said Pranav Kumar.

Likewise, Pathikrit Ghosh, another first-year student of IIMC, has decided to opt out of summer placements to start a consultancy project, offering consultancy services for sectors such as energy, sales and marketing, human resource, and others. “This is a low-capital business and would need close to Rs 2 lakh to start off,” said Ghosh. Abhishek Nagaraj, another first-year student at IIM Calcutta is planning a social networking site on videos. “It will be a Wikipedia centred on video. I already have a prototype and the start-up cost is very little and manageable,” Nagaraj said.

Tuesday, November 25, 2008

More Details on the MBA Summer Placements at XLRI

Here is a breakdown of the summer placement statistics.

1.0 The overall statistics for the SIP 2009 process is as below:

STATISTICS - SIP 2009





Particular

2007

2008

2009





Number of Companies

48

58

74

Number of Offers

192

202

214

Number of International Offers

2

5

22

Average Stipend*

27000/-

48000/-

85000/-

One Lac + Stipends*

5

14

45

Number of New Recruiters

7

12

32





*(For internship period of 8 weeks)



2.0
Some of the major companies which participated in the process are:

a) J P Morgan Chase, Lazard, Carlyle Group, Edelweiss Capital, Allegro Advisors and SBI Capital (Investment Bankimg/Equity)

b) Citibank, HSBC, Standard Chartered, ICICI and Axis Bank , Larsen & Toubro, MCX,and Clearing Corporation of India Ltd (CCIL), WNS and Wipro (Finance, Banking, Treasury etc)

c) Hindustan Unilever, Procter & Gamble, Coca Cola, ITC, Nestle, Colgate Palmolive, Cadbury, Johnson & Johnson, Reebok, Marico and GSK (Marketing/Sales/Operations and SupplyChain)

d) Alia Group and Vertebrand (Brand Consulting a new sector for XLRI)

e) TAS and The Aditya Birla Group , Mahindra & Mahindra, Punj Lloyd, Apollo Group and Atul (HR, General Management, Operations, Strategy roles etc)

f) Novartis, Al Ghanim , Ernst & Young, Hewitt & Associates, KPMG, Mercer, Reach Potential, Cummins, Microsoft and Deloitte (mainly HR but some made other roles for BM)

3.0 The breakup of the offers is as below:

Sector

Percentage

Number

Consult

15.7

18

Finance

35.7

41

GM

21.7

25

Marketing

27.0

31

TOTAL

100.0

115

4.0 A new initiative this year

An initaitive for social and Enterpreneurship (ISEL) was launched this year (CRESENT and SIGMA student bodies contributed). Organizations in this sector offered Internships. 5 students took these offers

=======================================

ciao

madhukar

Sunday, November 23, 2008

XLRI shines in season of campus gloom

From The Times of India

KOLKATA: XLRI, Jamshedpur, seems to have bucked the global meltdown that has not spared the likes of the IIMs and IITs. The highest international
stipend (for two months) is the same as last years record of Rs 5 lakh and the average stipend has risen by over 55% from Rs 48,000 to Rs 85,000 for 2009.

Better still, the number of students bagging a stipend of Rs 1 lakh-plus has jumped from 14 to 45. The icing on the cake: international offers have shot up from 5 in 2008 to 22 for 2009.

The only casualty of the meltdown is the highest domestic stipend, which has slipped from Rs 5 lakh to Rs 3 lakh. No more than a bruising blow, when many others have taken a knockout hit. The number of recruiters who turned up for summer placements increased by 32 from last year.

Top financial banks like Lehmann Brothers (which offered the highest stipend last year), Robo Bank and Calyon Bank stayed away but no surprise there.

Over 200 internship offers were made for a batch of 180 students with 15% of the profiles being offered internationally in North America, Europe, South-East Asia, and West Asia by over 70 recruiters.

The highest international stipend was offered by a Wall Street investment bank for its trading desk in Hong Kong while the highest domestic stipend was offered by an investment bank, again, for a position in Mumbai, said Jeevan Kumar, secretary of XLRI's placement committee. And, The Carlyle Group, now the largest private equity player in the world, once again chose XLRI as its exclusive domestic recruitment destination.

So, what's the secret? "We had invited carbon trading companies like Cantor C2E and commodity exchange companies like MCX for summer placements. And, for the first time, brand consulting companies participated too,'' said Rajiv Mishra, XLRI's placement committee chairperson. "XLRI offers a unique dual management, both in marketing and finance. So, the meltdown did not affect us as much.''

Thursday, November 20, 2008

Finance sector top draw at XLRI summer placement

From the Financial Express
Updated: Nov 20, 2008 at 2356 hrs IST

Despite the gloom, the financial sector was the one to pick up the largest number of students from XLRI for summer 2009 internships here on Wednesday.

Seventy-four companies came to recruit for 2009, compared with 58 for 2008. This goes to show that the corporate sector still has a lot to offer.

Again, the highest stipend for international internship was offered by a

Wall Street investment bank for its trading desk in Hong Kong—a package in excess of Rs 5 lakh for the 8-10 weeks’ internship period.

The highest domestic stipend stood at Rs 3 lakh, which also came from an investment bank at the Mumbai desk.

The 74 companies offered 214 internships (202 for 2008) at an average stipend of Rs 85,000 (Rs 48,000 for 2008) to the batch of 180 students.

While the number of companies willing to pay stipends over Rs 1 lakh was at 45, compared with 14 for 2008, the number of first-time recruiters was also higher at 32, compared with 12.

“The spectacular growth on all counts, i.e. internships, locations, stipends, etc in a year marked with various crises signifies the strength enjoyed by XLRI as the most preferred recruitment destination for all recruiters,” said Prof Rajiv Misra, chairperson, placement committee.

From XLRI’s 115 business management students available for summer 2009 internships, the financial sector picked up 41 (35.7%) candidates, marketing sector 31 (27%), general management 25 (21.7%) and consulting firms 18 (15.7%).

The B-school’s 63-odd personnel management & industrial relations (PM&IR) students too have been placed well, with Novartis offering unique HR roles in their leadership programme based out of Basel (Switzerland).

The Al Ghanim group offered HR roles in Kuwait with HUL, Procter & Gamble offering similar roles in there global offices in Singapore and other global locations and the Aditya Birla group offering internship positions at Atlanta (US).

The private equity and investment banking space saw the participation of JP Morgan Chase, which recruited for international desks as well.

Lazard, a first-time participant, recruited exclusively from XLRI for its Mumbai operations, with the Carlyle group, now the largest private equity player in the world, once again choosing the B-school as its exclusive domestic recruitment destination.

Edelweiss Capital, Allegro Advisors and SBI Capital represented the Indian investment banking industry.

Sunday, October 19, 2008

XLRI invites social organisations & startups in placement

From The Economic Times

JAMSHEDPUR: XLRI School of Business and Human Resources here will invite Social Organisations and Startups to participate in the placement process titled "Initiative for Social and Entrepreneurial Leadership" (ISEL) from next year.

ISEL is being implemented jointly by XLRI's placement committee. "The Social Initiative Group for Managerial Assistance" (SIGMA)- a committee which works with the social sector- and CRESCENT (committee for research, strategy, consulting and entrepreneurship - a committee devoted to promoting entrepreneurship.

Appreciating the latest initiative by the students as a commendable one, the director of XLRI, E. Abraham said ISEL is a process that aims to give interested students the opportunity to apply their managerial skills in the social sector and in freshly started organisations.

The students were willing to opt for creation of jobs and wealth for the country rather than working for a company, he said while extending XLRI's support for the initiative.

Abraham expressed confidence that ISEL will give the students the opportunity to contribute to society in a meaningful way as well as help them apply their classroom knowledge in the social context as well in an entrepreneurial venture.

ISEL is set to happen as a separate process one week before the regular placements with only students who are willing to sacrifice a more glamorous and better-paying internship in the corporate sector taking part in the process, he said.

Saturday, April 19, 2008

XLRI - supports home grown entrepreneurs

Excerpt from Business Standard

........ XLRI-Jamshedpur has introduced a deferred placement policy this year, applicable to the 2008 batch of students and onwards.

Uday Damodaran, placements chairman of XLRI, notes: “From this year, we will allow students interested in starting entrepreneurial ventures to take the plunge and push back their participation in campus placements for a maximum period of two years. Our aim is to extend as much support as possible to students who wish to become entrepreneurs. A policy like this will provide students the emotional security needed while taking a risk during the initial years of a career.”

XLRI Jamshedpur has also decided to support a group of six first-year students with Rs 3 lakh for their entrepreneurial venture. These six have decided to start Parichay.co.in, a portal to link tribal artisans with the mainstream market and provide them a platform to reach out to connoisseurs of art across the world.

“As the six students put together the portal and decided on the revenue earning model, we at XLRI thought of supporting them with the initial funds required to put the project in place,” reasoned Madhukar Shukla, faculty at XLRI......

Read the entire article at Business Standard

This is an amazingly supportive set of steps taken by XLRI to support Entrepreneurs who are ready to bring their ideas to life, straight out of campus.

While a lot of Xlers have gone on to become entrepreneurs later in life. - case in point PandiaRajan of IR 84 who was recently in the news - the guys behind http://www.parichay.co.in : Chintan, Darshan, Kaushal, Siddharth, Vikas & Vivek are fortunate to have this kind of support straight out of XL.

Dreams are always bigger and risks are most often lower, when one is straight out of campus. Having the security of being able to come back for regular placements within 2 years and some financial backing from the institute can obviously spur an individual much much higher.

This could be a major step akin to the research grants awarded to students of technical/technological sciences in the US.

XLRI values entrepreneurship and social responsibility. http://www.parichay.co.in is an endeavour that combines both and I wish these xlers all the very best.
Kim

Saturday, April 12, 2008

Recruiters lap up XLRI grads

From Business Standard

BS Reporter / Kolkata April 11, 2008

XLRI Jamshedpur’s general management programme (GMP), the one-year full-time executive MBA course, has concluded a successful season of placement for its 2008 batch.
The batch has been offered plum roles highlighting the potential of the participants for middle and senior management roles.
Nearly 30 per cent of the batch went for a change from their earlier work experience.
The placement process attracted 54 companies as opposed to 23 last year, and made 101 offers to 53 participating students. The average salary offer stood at Rs 17.8 lakh, an increase of close to 20 per cent from previous year.
The highest domestic offer was Rs 33.8 lakh and the average international offer was $130,000, an increase of 30 per cent over last year.
Sponsored candidates got elevated roles from their parent companies too.
The batch witnessed a good mix of participating companies from diverse sectors such as banking, energy, IT, Consulting, manufacturing, steel, real estate and telecom. ArcelorMittal, Reliance ADAG, Jindal Steel, DLF, Tata Communications, Cairn Energy, L&T were some of the major recruiters.
Participants from the consulting field were McKinsey, Accenture, IBM S&C, ICRA Management Consulting (IMACs), TCS Global Consulting, KSA Technopak. Axis Bank, SBI Capital, ICRA, UBS were some of the BFSI companies that turned up for recruitments.
According to Uday Damodaran, chairperson of the placements at XLRI, “With just two years of organised placement support from the institute, the one-year general management programme has firmly established itself as a source of quality talent for recruiters.”
There were a number of recruiters who personally expressed their extreme satisfaction with the quality of the participants. These positive comments reinforce our belief that we are doing things right as far as our one-year programme goes.”
The placement season was held during the second week of February at Mumbai followed by rolling placements in March at Jamshedpur.
Students also visited Australia as part of the international immersion module introduced this year.
From the next batch, the immersion module is expected to expand with the institute getting into tie-ups with major universities across the globe.
XLRI plans to increase the student intake from the next batch due to better response.

Friday, April 11, 2008

GMP batch of XLRI gets good offers from industry, salaries up

Jamshedpur, Apr 10 (Financial Express): XLRI has received an overwhelming response from the industry for its one-year full-time general management programme (GMP). Its batch of 53 participating students received 101 job offers from 54 Companies, as against 23 Companies last year.

The average salary of the batch, for global and domestic assignments, which stood at $1,30,000 and Rs 17.8 lakh respectively, is around 20% and 30% more than what the last GMP batch was offered.

The highest domestic offer made this year stood at Rs 33.8 lakh...(Offers made for) "posts like director, associate director, chief manager, managing consultant, strategic account manager offered to the candidates clearly highlight the potential of the participants."

The batch also witnessed a good mix of participating Companies from diverse sectors such as banking, energy, IT, consulting, manufacturing, steel, real estate and telecom, with Companies such as Arcelor-Mittal, Reliance ADAG, Jindal Steel, DLF, Tata Communications, Cairns Energy, L&T being some of the major recruiters.

Among the consulting firms participated in the recruitment process were McKinsey, Accenture, IBM S&C, ICRA Management Consulting (IMACs), TCS Global Consulting, KSA Technopak. Prominent banking & financial sector participants to pick up students were Axis Bank, SBI Capital, ICRA, etc.

IT/ITES majors HP, Cognizant, Satyam, Wipro, Inautix, Hexaware and Genpact also recruited according to their needs.

XLRI, which has plans to increase its student intake for its GMP from the next batch, also plans to include international options for students from the tieups the B-School has with major universities around the globe.

"With just two years of organised placement support from the institute, the GMP has firmly established itself as a source of quality talent for recruiters," said Uday Damodaran, XLRI placement chairperson, adding that a number of recruiters have personally expressed their satisfaction with the quality of the participants.

Sunday, March 9, 2008

Official Press Release on Placements from Campus

The Placement season for the batch of 2008 ended on an exceptional note, with the batch of 180 students placing themselves in the crème de la crème of corporate responsibilities across the domain of business expertise. A notable feature of the entire process was not just the increased leeway for the average student to choose, but also depth of specific roles that were tailored to woo the best of the country’s business graduates. 298 offers were made for a batch of 180 students, with the average domestic offer coming in at 14.75 Lacs and the highest domestic offer being Rs. 28 Lacs. 12 international offers were also made with an average of $90,000 USD.

The first time recruiters included the likes of JM Financial, Barclays, Kotak, 8 Capital Hedge Fund, Centrum, Aptivaa among others. 8 Capital Hedge Fund recruited exclusively from XLRI while P&G for the first time offered branding roles for XLRI students.

31% of the offers were made in the Finance domain, in Private Equity, Hedge Funds Investment Banking, Treasury, Commercial Banking, Relationship Management, Trading, Mergers and Acquisition Advisory, and Human Relations, among others. A plethora of multinational and domestic giants such as Lehman Brothers, Goldman Sachs, JP Morgan Chase, JM Financial, HSBC, Citibank, Barclays, Deutsche Equities, Standard Chartered, 8 Capital Hedge Fund, ICICI Bank, ICRA, Kotak and Centrum were among the first to recognize the ever-increasing stature of XLRI in the Financial Domain. The quality of candidates was impressive enough for the recruiters to offer treasury roles at their offices in London, Toronto, and Bahrain.

Consulting roles offered on campus followed the same pattern. McKinsey, Accenture, The Hay Group, Ernst and Young, KPMG, Mercer, PWC, Hewitt Associates, Deloitte, Aptivaa were some of the Global players who contributed to the added portfolio of consulting options that the typical student found in her consideration set. 21% of the students accepted these offers which were spread across verticals – Strategy, Banking and Financial Services, Human Resources, Risk Management, among others.

Keeping in tradition with its image of a veritable powerhouse of marketing and sales talent, XLRI was the hub of the best of the Global FMCG majors vying for a share of the marketing interest in the batch. Procter and Gamble, Hindustan Unilever Limited, Johnson and Johnson, Colgate Palmolive, Nestle, Cadbury, Asian Paints, Reckitt Benckiser, Marico, Glaxo Smithkline, ITC, Pepsi, were some of the recruiters to reinforce their traditional relationships with the campus and 23% of the students accepted offers in this domain. Along with the traditional sales positions, branding and marketing roles (with international locations) were the new positions that the same recruiters offered. Notably, Global Sales and Strategy were offered as lateral entry positions by IT majors like Infosys and HCL Technologies – a paradigm shift from the traditional breadth of branding on campus.

General Management was the new flavour of a placement season that saw renewed interest in taking up dynamic responsibilities across a spectrum of verticals. TAS, Al Ghanim, The Aditya Birla Group, The Hinduja Group, Essar, The Murugappa Group, offered both national and international roles with compensation packages that reflected the gravity of responsibility thrust on the new recruits. 14% of the batch snapped up offers in this arena

Microsoft, HCL, Infosys, Cognizant, Wipro, and others lead the Technology Sector that offered lateral roles for students with previous experience in handling Information Services. 11% of the batch took to these offers.

With the students leaving such footprints, Professor Uday Damodaran, the Chairperson of the Placement Committee said, “There is nothing more gratifying than seeing an entire batch of graduating students being rewarded for their two-year study with career starts in exactly the sort of roles they aspired for. This year, yet again, we at XLRI are happy that we have been able to provide each student with a dream start to his/her career. The quality and diversity of roles that were on offer this year surpassed all previous standards that we had set for ourselves”.

Saturday, March 8, 2008

XLRI takes a big leap with huge offers

From Economic Times

KOLKATA: XLRI Jamshedpur’s final placements for the batch of 2008 drew to a close with 298 offers being made to 180 students. A total of 12 international offers were made at an average of $90,000, with the highest offer coming in at $100,000. Domestic offers scaled a high of Rs 28 lakh while the average domestic offer stood at Rs 14.75 lakh.

First-time recruiters on campus included the likes of JM Financial, Barclays, Kotak, 8 Capital Hedge Fund, Centrum and Aptivaa among others. 8 Capital Hedge Fund recruited exclusively from XLRI.

As expected, finance ruled the roost with around 31% of the offers made in this domain by global and domestic biggies like Lehman Brothers, Goldman Sachs, JP Morgan Chase, JM Financial, HSBC, Citibank, Barclays, Deutsche Equities, Standard Chartered, 8 Capital Hedge Fund, ICICI Bank, Icra, Kotak and Centrum among others.

“Some even chose to offer treasury roles at their offices in London, Toronto, and Bahrain,” said XLRI placement committee chairman Uday Damodaran.

Consulting roles too, were offered in plenty by names like McKinsey, Accenture, The Hay Group, Ernst & Young, KPMG, Mercer, PWC, Hewitt Associates, Deloitte and Aptivaa. Around 21% of the students accepted these offers which were spread across verticals like strategy, banking and financial services, human resources, risk management, among others.

Global FMCG majors too lined up for placements with companies such as Procter and Gamble, Hindustan Unilever, Johnson and Johnson, Colgate Palmolive, Nestle, Cadbury, Asian Paints, Reckitt Benckiser, Marico, Glaxo Smithkline and ITC offering positions to 23% of the batch in sales, branding and marketing (with international locations).

Notably, global sales and strategy were offered as lateral entry positions by such IT majors as Infosys and HCL Technologies. General management roles also proved popular with names like TAS, Al Ghanim, The Aditya Birla Group, The Hinduja Group, Essar and The Murugappa Group, offering both national and international roles. Approximately 14% of the batch snapped up offers in this arena.

Another 11% were made lucrative offers by technology sector companies like Microsoft, HCL, Infosys, Cognizant and Wipro, who offered lateral roles for students with previous experience in handling information services.

XLRI Placements

Printed from


XLRI takes a big leap with huge offers
7 Mar, 2008, 0000 hrs IST, TNN

KOLKATA: XLRI Jamshedpur's final placements for the batch of 2008 drew to a close with 298 offers being made to 180 students. A total of 12 international offers were made at an average of $90,000, with the highest offer coming in at $100,000. Domestic offers scaled a high of Rs 28 lakh while the average domestic offer stood at Rs 14.75 lakh.

First-time recruiters on campus included the likes of JM Financial, Barclays, Kotak, 8 Capital Hedge Fund, Centrum and Aptivaa among others. 8 Capital Hedge Fund recruited exclusively from XLRI.

As expected, finance ruled the roost with around 31% of the offers made in this domain by global and domestic biggies like Lehman Brothers, Goldman Sachs, JP Morgan Chase, JM Financial, HSBC, Citibank, Barclays, Deutsche Equities, Standard Chartered, 8 Capital Hedge Fund, ICICI Bank, Icra, Kotak and Centrum among others.

"Some even chose to offer treasury roles at their offices in London, Toronto, and Bahrain," said XLRI placement committee chairman Uday Damodaran.

Consulting roles too, were offered in plenty by names like McKinsey, Accenture, The Hay Group, Ernst & Young, KPMG, Mercer, PWC, Hewitt Associates, Deloitte and Aptivaa. Around 21% of the students accepted these offers which were spread across verticals like strategy, banking and financial services, human resources, risk management, among others.

Global FMCG majors too lined up for placements with companies such as Procter and Gamble, Hindustan Unilever, Johnson and Johnson, Colgate Palmolive, Nestle, Cadbury, Asian Paints, Reckitt Benckiser, Marico, Glaxo Smithkline and ITC offering positions to 23% of the batch in sales, branding and marketing (with international locations).

Notably, global sales and strategy were offered as lateral entry positions by such IT majors as Infosys and HCL Technologies. General management roles also proved popular with names like TAS, Al Ghanim, The Aditya Birla Group, The Hinduja Group, Essar and The Murugappa Group, offering both national and international roles. Approximately 14% of the batch snapped up offers in this arena.

Another 11% were made lucrative offers by technology sector companies like Microsoft, HCL, Infosys, Cognizant and Wipro, who offered lateral roles for students with previous experience in handling information services

Monday, March 3, 2008

Where are the XLers of 72, 73 batch ?

Dilip Bam of 73 batch compiled this list. Thanks Dilip!

Sujit Baksi (72) is President of Tech Mahindra.
RS Thakur (73) is Exec. Direktur, TACO.
Vinod "Yank "Malhotra (72) is some mysterious biggie in Zensar Tech.
Pradip Dubashi (72) is doing M&A.
Jagdish Dore (73) is MD, Novartis.
Anand Nayak (73) is VP-HR, ITC Ltd. since very long ago.
Vaidyanathan (73) is Exec. Director, ITC Ltd.
Aspi Khambatta (73) is Asst. Prof. Balaji Centre for International Business, which is approved by AiCTE.
Dilip Bam (73) is MD, Idiotics unLimited

Sunday, February 24, 2008

Major firms offer 100 jobs to 90 XLRI students (Laterals) with hefty salaries

From Financial Express

Mumbai, Feb 24 The recently-concluded lateral placements at XLRI have been a major success, with a plethora of offers being received in varied profiles such as finance, consultancy, operations, marketing and human resources, an XLRI official said on Sunday.

In total, over a 100 offers were made during the lateral season to 90 eligible lateral candidates for senior-level management roles. The average salary package offered was Rs 15 lakh. The highest salary offer kissed the Rs 22 lakh per annum-mark this season. Even more satisfying for the students has been the rich mix of offers equally spread across various domains to choose from.

The financial and financial services domain was represented by Barclays, Lehman Brothers, Standard Chartered, JM Financial and Centrum among others who made offers for investment banking, treasury sales, trading, product structuring, wholesale banking, relationship management and M&A advisory. The diversity of profiles on offer for finance provided enough scope for the finance enthusiasts to bag their preferred jobs, either in intense number crunching or milder client interaction roles.

Uday Damodaran, the chairperson of the placement committee said, “The large number of high-quality offers in niche areas reinforces the fact that XLRI is the preferred campus for recruitment by corporates when they look for extra ordinary talent.”

Consulting firms yet again were present in full strength, offering students the roles of senior-level consultants. Ernst & Young, Hewitt, PriceWaterhouseCoopers, Mercer, KPMG, TSMG, Capgemini were the leaders in the pack recruiting students for consulting in various spheres—banking and financial services, human consulting, media and entertainment and retail to name a few. This year saw growth in the number of general management offers made by Indian conglomerates and business houses. The Aditya Birla Group, The Hinduja Group, Essar, L&T, RPG made offers for top management roles to XLRI students. The Al Ghanim Group made international offers to multiple students. The growth in these offers signifies the coming of age and strength of domestic Indian and international houses to avail the best management talent available.

The technology industry was also present in full strength, with multinationals such as IBM, Cognizant Technology Solutions, Infosys, HCL, Wipro offering roles ranging from business development to global sales to project management. Companies such as Infosys offered fast track programs to students, which would provide packages of $1,00,000 a year into the job, the statement said.

With the final placements slated to begin in a matter of days and Companies pouring in for pre-placement talks with students, expectations are high for a robust end to the placement season for the batch of 2008....

Thursday, February 7, 2008

XL's 1-yr Exec-MBA Placement (Mumbai Feb 9th-16th) work-ex: 7.5yrs average

Note:
For more information for the following, please contact:
gmpplacement[at]xlri[.]ac[.]in
Srinidhi Vavle

================
As many of you may be knowing, since 1997, XLRI has a full-time 1 year Executive MBA program (1000 contact class hours).

Since last year, XLRI is also providing the placement facilities to them (given the difference in profile and coursework, this process is separate from the placement process of the 2 year course). Last year’s placement got an average number of offers per candidate equaling 2.16 and average salary for domestic offers being 15 Lakhs INR.

This year's placement will be taking place in Mumbai during Feb 9th-16th at

Renaissance Mumbai Hotel & Convention Centre
2 & 3B, Near Chinmayanand Ashram; Powai,
Mumbai - 400 087
(list of companies participating in the recruitment process is pasted below)

The current batch consists of 55 self-sponsored students

Minimum Work-Ex: 5 yrs
Average Work-Ex: 7.5 yrs

Experience in diverse sectors such as Airline, Energy, FMCG, Banking, Government Services, IT & ITES, Management Consultancy, Manufacturing, Shipping and Telecom.

Functions handled: Operations (30%), IT/Consulting (25%), Marketing (17%), Engineering (15%), Finance (10%), R&D (3%)

Average age: 29yrs

Detail Profiles can be downloaded from:
http://www.xlri.ac.in/downloads/GMP-Profiles-2007-08.pdf

If you know someone who would be interested, please pass on this information

Companies Participating in the Placement (Feb 9th-16th, 2008):

Accenture Consulting
Ashok Leyland
Barclays Tech Centre
Cairn Energy
CTS
DLF Ltd
ENIL(Times Group)
Frost & Sullivan
Genpact
Hexaware
HP
IBM
ICRA
IMACS
Inautix
ITC Infotech
Jindal (JSW)
Jindal Stainless
Jindal Steel & Power
L&T
L&T Infotech
Meghraj Finance
Mindtree
O3 Capital
Patni
Photon Infotech
Reliance ADAG
RPG
Satyam
SBI Caps
SKS Microfinance
Tata Motors
Tata Power
Tata Steel
Tata Trent
TCS
TechMahindra
VSNL

Sunday, January 13, 2008

Sneak-Preview from XL - PPOs

before you read in the press.... here is a sneak-preview/ stop-press, or whatever....
madhukar
===================

In an impressive prelude to the annual placement season, XLRI Jamshedpur has announced a total of 57 Pre-Placement Offers (PPOs), translating into corporate invites for one-third of the batch even before signing into the Placement season.

The offers ranged across a varied spectrum of verticals – from Strategy Consulting to Investment Banking, Corporate branding to Human Capital, and Technology Management to Corporate Finance.

JP Morgan Chase, Lehman Brothers, Goldman Sachs, HSBC, Reliance Capital and Axis Bank were some of the leading recruiters in the Finance Domain who deemed it fit to offer Trading, Investment Banking, Treasury, Commercial Banking, Equity Research, Human Resources and other coveted roles to students right out of their summer internships.

The Hay Group, Ernst and Young, Hewitt, Mercer, TAS, the Aditya Birla Group and Deloitte were among the recruiters vying for a piece of the Consulting, Human Resources and General Management pie in the batch by confirming their interest in interns.

Unilever, Procter and Gamble, Asian Paints, ITC, Cadbury, and Nestle were the leading FMCG and consumer durable majors that snapped up trainees choosing to pursue a career in marketing, branding and sales.

Microsoft, CTS, IBM, and a host of systems majors were pleased to extend offers in Business Development, Human Resources, and Marketing to students.

‘’While the performance of our students was no surprise in itself, and justifies the recognition accorded by the Industry, the offers are hopefully just the beginning, and set the tone for a robust placement season’’, said Prof. Uday Damodaran, Placement Coordinator, XLRI.

In addition, with more Pre-Placement Offers yet to come in, and Pre Placement Interviews scheduled over the next few weeks, the number is likely to see a significant increase as the students enter the Lateral Recruitment Programme and Campus Recruitment Programme.

Saturday, January 12, 2008

XL's 1-yr Full-Time Executive MBA - Placement Information

Hello
I am sending this info, since many may not be aware, since 1997, XLRI has a full-time 1 year Executive MBA program (1000 contact class hours).
Since last year, XLRI is also providing the placement facilities to them (given the difference in profile and coursework, this process is separate from the placement process of the 2 year course). Last year’s placement got average number of offers per candidate equaling 2.16 and average salary for domestic offers being 15 Lakhs INR.
The current batch consists of 55 self-sponsored students
Minimum Work-Ex: 5 yrs
Average Work-Ex: 7.5 yrs
Experience in diverse sectors such as Airline, Energy, FMCG, Banking, Government Services, IT & ITES, Management Consultancy, Manufacturing, Shipping and Telecom.
Functions handled: Operations (30%), IT/Consulting (25%), Marketing (17%), Engineering (15%), Finance (10%), R&D (3%)
Average age: 29yrs
The Placement will be a week-long event in Mumbai starting Feb 9th
After the Mumbai event, the process would acquire a "rolling" flavor, on a need basis, where companies can interview candidates at XLRI campus in Jamshedpur.
For more information (and request for profiles/brochure), please contact:
Srinidhi Vavle
+91 99553 27752
Ph: 91 - 657 - 398 3184/ 398 3221
Fax: 91 - 657 - 222 7814
If you know someone who would be interested in such a profile, please pass on this information
thanks
madhukar