KOLKATA: Xavier Institute of Management, Bhubaneswar (XIMB) has wrapped up Xuberance 2009, its annual campus recruitment programme with 100% placements for its post-graduate diploma in management (PGDM) students. The highest annual salary of Rs 16 lakh is 3% lower than last year’s top salary of Rs 16.5 lakh per annum.
The average salary, however, saw a steeper decline, falling over 23% to Rs 7.3 lakh per annum from Rs 9.56 lakh per annum last year. Also, there were no foreign placements this time for the 118-strong batch, as compared to four international offers last year. The median salary was Rs 7.5 lakh per annum.
Around 54 companies participated on-campus in the placement process, making 118 offers. There were 33 pre-placement offers and interviews.
Among the prominent recruiters this year were Godrej, Tata Group HR, Coca Cola, Cognizant Technologies, Deloitte Consulting, Ernst and Young, Hewlett Packard, TCS, Societe Generale, Axis Bank, SBI, SBI Caps, Tata Steel, IMRB, Cavin Kare, Bank of Baroda, IDBI Bank, Sebi, Indian Oil Corporation, Genpact, Vodafone, Idea, Tata Teleservices, ICI Paints, HSBC Global and Kalinga Soft.
Of the total offers, 32% were made by the finance sector while 23% of the students opted for marketing. Some 18% opted for systems, 8% for HR and another 7% for consulting and general management areas respectively while 5% students took up offers in the operations area.
FIGURES TALK
16 lakh highest annual salary offered this season.
7.3 lakh per annum is the average salary offered.
118 total number of students in the PGDM course.
54 companies participated in Xuberance ’09.
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