XIMB: 100% placements

Bhubaneswar: The Xavier Institute of Management, Bhubaneswar (XIMB), one of the premier B-schools of the country, has announced that all its Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Management(Rural Management ) have got placements in Xuberance 2010, the Institution’s annual campus recruitment process. 

“The PGDM batch of 2010 saw an average salary of Rs10.52 lakh per annum, a 45% increase compared to last year," said XIMB director Fr. PT Joseph. With over 27% of the batch receiving pre-placement calls from their summer internship organizations, the momentum of placements continued with over 58 companies participating in the recruitment process. Of these 16% were first time recruiters, he added. 

According to XIMB placement coordinator Kalpesh Kela, Xuberance 10 saw regular recruiters like Cognizant, OLAM International, HCCBPL, Deloitte, UB Group, Vodafone, Infosys, HP, Tata Corp HR, TCS, HSBC, Wipro, Axis Bank, Dr Reddy’s, Essar Group, Societe Generale, ICRA, Tata Steel, Fidelity, Mahindra, Idea, SBI, Tata Tele Services strengthen their relationship with XIMB. New bonds were formed with Nokia, Dell, RBS, Religare, Daimler, Vista Soft, AATCO and many others. The profiles offered varied in their diversity, encompassing corporate finance, equity research, investment banking, marketing, sales and distribution, supply chain management, business consulting, IT consulting, industrial relations and corporate HR. 

The Rural Management Programme of XIMB also witnessed 100% placements this year with all 53 students joining their fields of core competence. The placement week saw the participation of over 20 companies. Some of the star recruiters of this year were ITC, Amul, Mother Dairy, Institute of Financial Management and Research (IFMR), IMRB International, Monsanto India Limited, Manipal Education & Medical group, NASSCOM Foundation, IDBI Bank Ltd etc. 

The highest package of the batch was pegged at Rs 9.5 lakh per annum while the average salary stood at Rs 5.3 lakh per annum . The average salary increased by 18.83% compared to last year’s figures. 

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