XLRI's latest summer placement report is out! The batch of 2025 has received an average stipend of 1.41 lakhs and median stipend of 1.50 lakhs. The highest stipend stood at 3.5 lakhs. The largest batch in the institute's history received 600+ offers from top recruiters hiring for sought-after profiles including consulting, product management, analytics, and others. Here's a complete breakdown of the XLRI summer placements report 2023, including key stipend and recruitment figures.
Average stipend down from last year at XLRI campuses
In 2023, the average stipend for XLRI's PGDM-BM and HRM batches stood at 1.41 lakhs, down by a notable 8% over the last year. Both the median and highest stipend for the batch remained unchanged from last year. The highest stipend stood at 3.5 lakhs (JP Morgan).
About 84% of all stipends offered were of at least 1 lakh per month. Significantly, half of all stipends offered (52%) stood at 1.5 lakhs per month or more.
Also Read → XLRI MBA final placement report 2023: Highest salary at 1.1 crores
600+ internship offers extended to XLRI's PGDM batch
XLRI saw 100% placements for its largest ever batch (including both Jamshedpur and NCR campuses) of 591 students. A total of 604 offers were extended to the batch, translating to 1.02 offers per student.
A total of 139 recruiters participated in the summer placements process (including 63 new recruiters) — up from 103 recruiters in 2022.
New recruiters included BMW, Castrol, CK Birla, Deutsche Bank, Diageo, Daimler, HDFC Bank, JM Financial, L'Oréal, Myntra, NIIF, NK Securities, Ola Cabs, Pharmarack, Pine Labs, Redseer Consulting, Shell, Texas Instruments, Vector Consulting and Zomato, amongst many others.
The highest number of offers made were by Accenture Strategy, Amazon, Asian Paints, Bajaj Auto, Boston Consulting Group, HDFC Bank, HUL, ICICI Bank, Ola Cabs, Procter & Gamble and Tata Steel.
The top domains were FMCG, Management & Advisory Consulting and BFSI (based on the number of roles offered).
Top brands hire for coveted profiles
XLRI saw recruiters across a host of industries extend highly sought-after profiles to the PGDM-BM and HRM batches.
Brands hiring for HRM internship roles offered profiles including Learning and Development, Talent Acquisition, HR Consulting, HR Analytics and HR Manager.
Within Consulting, Accenture Strategy was the top recruiter (19 offers), followed by PwC (14 offers), BCG (12 offers), and EY (11 offers).
BFSI companies extended top profiles including Front-end Investment Banking, Markets, Corporate Banking, Wealth Management, Equity Research, and Retail Banking. HDFC Bank was the top recruiter in the BFSI sector with 16 offers followed by ICICI Bank with 14 offers, and IndigoEdge, JP Morgan, NIIF, and Standard Chartered Bank each making 2 offers in their Debt Market, Sales & Trading and Hedge Fund Buy Side roles.
Conglomerates saw participation from some of the biggest names in the country. Within this cohort, Reliance Industries Limited and Aditya Birla Group made the most number of offers, with 10 offers each. Tata Administrative Services and the Mahindra Group made 9 offers and 8 offers, each.
FMCG was one of the most sought-after industries for XLRI's MBA batch of 2025. Industry leaders offered coveted profiles including Strategy, Digital Marketing, Sales, Brands, Brands Product Supply, Operations & Supply Chain, Procurement, Finance, IT, and Human Resources. Here, HUL was the top recruiter with 21 offers followed by Asian Paints, P&G and ITC with 14, 11 and 9 offers respectively.
Pharmaceutical, chemical, and AlcoBev recruiters also hired
XLRI students, with AB InBev and Sun Pharma the top recruiters, making 4 and 10 offers respectively.
Some of the most lucrative profiles came from the ITES, Ecommerce, Gaming and Online Services industries, including Product Management, Operations, Marketing, Program Management, General Management and Human Resources. Amazon was the top recruiter in this sector with 14 offers followed by Ola Cabs with 13 offers. Pine Labs and Flipkart with 6 and 5 offers respectively.
There was also strong participation from the Automotive, Energy and Telecommunications industries.
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