XLRI - Xavier School of Management celebrated a 100% success rate in its Summer Internship Placement drive for the 2024-26 batch, encompassing students from its Jamshedpur and Delhi-NCR campuses. With 576 students from its two flagship programs, the Postgraduate Diploma in Human Resource Management and the Postgraduate Diploma in Business Management, XLRI attracted 133 companies, including 37 new recruiters, across diverse sectors such as Consulting, Finance, Sales & Marketing, General Management, Product Management, Operations, Analytics, and HR.
The placement season for XLRI’s largest-ever batch achieved impressive figures, with average and median stipends of INR 1.67 LPM and INR 1.60 LPM, respectively. The highest stipend reached INR 3.50 LPM in the BFSI sector. Notably, 84% of offers included a stipend of at least INR 1 LPM, with 64% at or above INR 1.5 LPM, underscoring the institute's strength in securing lucrative student opportunities.
XLRI Summer Internship Placements 2024: Key Highlights
- Median stipend: INR 1.60 LPM
- Top percentile stipends: INR 2.54 LPM (top 10%) and INR 2.42 LPM (top 25%)
- Highest stipend: INR 3.50 LPM by JPMC and Rothschild & Co. in the BFSI sector
- New recruiters: 37 firms joined the placement process, including industry leaders like Accordion Partners, Amdocs, Blockseed Ventures, HSBC, Mastercard, and Sony Pictures
- Top recruiting companies: Accenture Strategy, P&G, Bajaj Auto, HUL, Asian Paints, Boston Consulting Group, EY Parthenon, Amazon, Aditya Birla Group, and Godrej Group made the highest number of offers.
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XLRI Summer Internship Placements 2024: Domain-Specific Breakdown
1. Human Resources
Recognized as a premier institution for HR, XLRI saw a large number of HR roles offered by top recruiters, including Accenture TAP, Aditya Birla Group, Citi Bank, Godrej Group, HUL, ITC, Mahindra, P&G, Reckitt, and Tata Administrative Services. Roles spanned areas such as Talent Acquisition, HR Analytics, Compensation and Benefits, and Learning and Development.
2. Consulting and Advisory
Consulting remained a robust sector with recruiters like Accenture Strategy, Bain, Boston Consulting Group, EY Parthenon, McKinsey & Company, and PwC India making substantial offers. First-time recruiters, including Accordion Partners and Redseer Strategy Consultants, also showcased the broad appeal of XLRI's talent.
3. Banking, Financial Services, and Insurance (BFSI)
The BFSI domain thrived, drawing prominent companies offering Investment Banking, Corporate Banking, Wealth Management, and Equity Research roles. Top BFSI recruiters included JPMC, Axis AMC, Barclays, Citi Bank, Goldman Sachs, HSBC, Kotak Mahindra Bank, and Rothschild & Co.
4. FMCG, Consumer Durables, and Pharma
Known for strong ties to FMCG giants, XLRI attracted recruiters such as AB InBev, Asian Paints, Cipla, Coca-Cola, Dabur, HUL, ITC, Mondelez, Nestle, P&G, and Reckitt. Companies sought talent for roles in Sales, Marketing, and Operations.
5. Conglomerates
Conglomerates offered General Management roles, with Aditya Birla Group, CK Birla, GMR Group, Godrej Group, Mahindra Group, Reliance Industries, and Tata Administrative Services among the key recruiters.
6. IT, E-commerce, and Online Services
The IT and E-commerce sectors, which included firms like Amazon, American Express, Capgemini, Google, Mastercard, Microsoft, and Sony Pictures, continued to offer competitive roles in Analytics, Product Management, and Software Development.
7. Automotive, Heavy Industries, and Telecom
XLRI witnessed robust hiring from sectors like automotive and telecom, with companies such as Bajaj Auto, Castrol, Michelin, Renew Power, Suzuki, Tata Electronics, and Vodafone Idea offering roles across operations, strategy, and supply chain.
Frequently asked questions
Q.1 What are the placements for XLRI 2024?
Ans. XLRI achieved 100% placement for its 2024-26 batch, with 576 students placed across 133 companies in diverse sectors like Consulting, BFSI, FMCG, and HR.
Q.2 What is the stipend for XLRI Jamshedpur?
Ans. The average stipend was INR 1.67 LPM, with a median of INR 1.60 LPM. The highest stipend reached INR 3.5 LPM in the BFSI sector.
Q.3 What is the lowest package offered by XLRI Summer Internship Placements 2024?
Ans. While the exact lowest stipend isn’t specified, 84% of offers were above INR 1 LPM, showing strong placement outcomes.
Q.4 Does XLRI give 100% placement?
Ans. Yes,
XLRI achieved 100% placement for the 2024 summer internship season across both campuses.
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