XLRI – Xavier School of Management announces the completion of its Summer Internship Placement Process (SIP) for the batch of 2019-21 within two days. The batch consisting 361 students has achieved 100% placement.
This year, the Summer Internship Process saw participation from 86 recruiters, including 11 first-time recruiters. The average stipend saw an increase to Rs. 1.2 lakh per month from Rs. 1.07 lakh per month in 2018. The median stipend offered too was Rs. 1.2 lakhs per month. The highest stipend stood at Rs. 2.5 lakhs per month offered in the BFSI sector.
The top segments based on roles offered were Consulting, Sales & Marketing, and BFSI. Consulting firms extended offers to 16% of the candidates. Sales & Marketing and BFSI constituted 40% and 17% of the roles offered to Business Management students respectively. Other roles included niche functions in Analytics, Product Management, Business Development, Brand Management, and Strategy. Organizations from a wide spectrum of sectors participated in the process, including FMCGs, Consulting, Pharma, IT and e-commerce, Auto, Mining, Oil & Gas and Telecom. Orgaizations who participated for the first time included firms such as Bain & Co., Amazon, NIIF, PhonePe, Udaan, Shell, Diageo, Ola, Adani, Rupeek and others.
Amazon made the highest number of offers amongst the regular recruiters such as The Boston Consulting Group, Microsoft, P&G, Aditya Birla Group, ITC, Nestle, Hindustan Unilever, Mondelez, Mahindra & Mahindra, Citibank and others. First-time recruiters included companies such as Bain & Co., Adani Group, Diageo, NIIF, Kornferry, PhonePe, Mars and Udaan, amongst others.
“This has been a good year for summer recruitments. We are extremely grateful to all the recruiters for showing belief in the XLRI institutional brand and our students. The spectacular placements achieved this year is a testament to our diverse talent pool and the XLRI brand and has raised the bar for placements in B-schools in the country,” commented Fr. P. Christie S.J., Director, XLRI- Xavier School of Management.
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