XIM, Bhubaneswar
Even amid the on-going pandemic and consequent market fluctuations, Xavier Institute of Management, Bhubaneswar (XIMB) has once again successfully placed 100 percent of its Business Management batch of 2020-2022, thereby continuing its legacy of record placements year on year.
The annual campus placement drive, known as Xuberance 2022, witnessed a remarkable surge in the highest, average, and median salary figures. The institute also saw a year-on-year increase in the average domain-wise salaries offered. Like last year, XIMB's graduating batch bagged Consulting, Systems and Finance roles. The institute witnessed participation from 64 recruiters, which included 15 new recruiters.
Here are all the important highlights of the 2022 XIMB placements process.
XIMB Placements 2022 - Important Salary Statistics
This year, the highest domestic salary stood at INR 32.21 lakhs, up by a notable 34 percent over the previous year. Accenture Technology Consulting offered the highest salary in Xuberance. The average salary increased year-on-year by nearly 16 percent, going to INR 17.54 lakhs from INR 15.15 lakhs. The median salary stood at INR 17.10 lakhs - a hike of 18 percent over the previous year.
The highest-paying domain this year at XIMB was Consulting, followed by Operations and Finance. The average salary for Consulting roles increased by nearly 15 percent over the previous year, while the average salary for Systems roles grew by a whopping 31 percent year-on-year.
XIMB Placements 2022 - Six Important Recruitment Highlights
1. In 2022, a total of 64 companies were hosted for Xuberance, including marquee companies like Bank of America, AB InBev, Nestle, HSBC, IBM, Deloitte, Accenture, Kotak Mahindra, and Capgemini amongst many others.
2. A total of 15 new recruiters participated in the 2022 XIMB placements process.
3. 46 students from a batch of 355 received pre-placement offers (PPOs) from their summer internship organizations, and 5 students received placement offers via national corporate case study competitions.
4. The most sought-after domain for XIMB's graduating batch was Consulting, with 41 percent of the batch opting for these roles. This was followed by Systems (18 percent), Finance (18 percent), Marketing (14 percent) and Operations (9 percent).
5. The top three most sought-after sectors were Consulting, IT/ITeS, and BFSI.
6. Profiles offered included Risk Management, Strategic Consulting, Corporate Planning, Corporate Finance, Equity Research, Market Analyst, Marketing, Sales and Distribution, Product Management, Supply Chain Management, Business Consulting, Business Transformation and Strategy, IT Consulting, and Business Development.
Key Recruiters | XIMB Placements 2022
About Xavier Institute of Management, Bhubaneswar (XIMB)
Established in 1987, Xavier Institute of Management, Bhubaneswar is a premium B-school in the country with a rich legacy of grooming leaders of tomorrow. The two-year flagship Business Management program has consistently been ranked as one of the finest business curriculums in the country. Carrying forward its rich legacy of over 34 years of management education, the institute believes in imparting excellence and nurturing the core values of integrity, excellence, compassion, commitment, and sustainability. XIMB has a rich alumni base of more than 8000 graduates, which has been the institute's strength, and the institute has proved its mettle in leadership roles across the corporate realm.
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