Thursday, February 28, 2008

XLRI Jamshedpur gets 100 top-level placement offers

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KOLKATA: XLRI Jamshedpur’s lateral placements have ended on a high note with about a 100 offers made in varied profiles like finance, consultancy, operations, marketing and human resources for senior-level management roles.

The highest package offered was Rs 22 lakh annually, while the average package was Rs 15 lakh a year.

The financial services domain was represented by Barclays, Lehman Brothers, Standard Chartered, JM Financial, Centrum, among many others who made offers for investment banking, treasury sales, trading, product structuring, wholesale banking, relationship management and M&A advisory.

Consulting firms too, thronged the campus, offering students the roles of senior level consultants. Ernst and Young, Hewitt, PricewaterhouseCoopers, Mercer, KPMG, TSMG, Capgemini were the leaders in the pack.

The laterals process also saw a marked increase in the number of general management offers made by Indian business houses, including the Birla group, Hindujas, Essar, L&T and RPG. The Al Ghanim group offered international roles. The technology sector was represented by IBM, Cognizant, Infosys, HCL, Wipro, and the offers ranged from business development to global sales to project management. Infosys offered students fast track programs which would fetch packages of $1,00,000 a year into the job.

Professor Uday Damodaran, the chairperson of the placement committee said in a release, “The large number of high quality offers in niche areas reinforces the fact that XLRI is the preferred campus for recruitment by corporates.”