The summer internship placement process of the MBA-BM batch of 2018-2020 at Xavier Institute of Management, Bhubaneswar concluded with the batch of 364 students being successfully placed. It is a diverse batch with 49% of the batch having prior work-experience in IT/ITES, 19% in Manufacturing, 12% in Analytics, 8% in Consulting and 4% in BFSI. It has an average work-experience of 19 months and contains 82% students with graduation in B.E./B.Tech., 3% in B.A., 7% in B.Com. With increasing gender diversity, this year the scales have tilted with the batch comprising of 32% females and 68% males.
A total of 91 companies offered internships with 21% in manufacturing, 19% each in BFSI and Consulting, 18% in IT/ITES/Analytics, and 16% each in FMCG. The highest stipend is Rs.3.2 lakhs while the median stipend is Rs.60,000. The average stipend which increased by 17% from last year stood at Rs.71,000. The stream wise student placement is such that 9% of the batch is placed in operations, 12% in systems, 19% in finance, 38% in FMCG, 22% in Consulting.
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