XLRI’s 5-Year Summer Placement Stats 2019-2023

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Compensation Metrics - Year Wise

1. Highest Stipend provided has remained stagnant over the last three years. After the pandemic, it saw a jump of 40% in 2021 SIP. 
2. Out of the 5 years, we have data for, the highest stipend is in the BFSI Sector and is offered predominantly by JP Morgan and Chase. 
3. The median stipend for the batch has increased by about 10% every two years.
4. The average stipend has seen a fluctuating trend. It has decreased in both years of economic crunch- 2020 (pandemic) and 2023 (current scenario) by 9%. 

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Placement Figures for the Top %tile of the Batch

Key Insights:

1. The compensation for top-performing students of the batch has improved YoY with at least a 5 % increase.
2. In 2023, 84% of the 2023-25 MBA batch received at least 1 LPM, a sharp decrease of 12% from the 2022 figure. For SIP 2022, 96% of the MBA batch of 2022-24 drew at least 1LPM as a stipend.

Sector Wise Highlights 

• Placement figures for SIP 2022, 2021 & 2020

Key Insights:

1. Hiring from IT and E-commerce has declined in 2022. The major reason could be the hiring crunch in IT companies globally.
2. There has been a shift of students in XLRI, going for Consulting and Advisory roles. It has seen an increase of 13% points from 2020 to 2022.
3. Firms under ‘Others’ include:- Manufacturing, Media & Entertainment, Automobile, Biotechnology, Telecom, Transportation, etc. 

Note: Sector-wise split information is unavailable for the 2023 & 2019 SIP.

                        For Year 2022 FMCG also includes placements in pharmaceuticals.   

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2. Companies Making Top Offers in Each Sector: 2023 & 2022

       3. Positions Offered Across Sectors  

Sector	Roles offered
HR	Learning and Development, Talent Acquisition, HR Consulting, HR Analytics, and HR Manager.
IT/E-Com	Product Management, Operations, Marketing, Program Management, General Management and Human Resources
BFSI	Front-end Investment Banking, Markets, Corporate Banking, Wealth Management, Equity Research, Debt Market, Sales & Trading, Hedge Fund Buy Side roles and Retail Banking
FMCG	Strategy, Digital Marketing, Sales, Brands, Brands Product Supply, Operations & Supply Chain, Procurement, Finance, IT, and Human Resources

*According to 2023 and 2022 data.

No. of Firms, Offers, and  Batch Size

Note-

• No. of recruiters data is not available for 2021.

• For 2021 and 2019, ‘No. of Offers Made’ data is unavailable. Instead, “No. of offers accepted’ data is used.

• In 2020, 5 students opted out of the placement process, and 2 students interned without any stipend.

1. The number of offers made has always remained more than (or equal to) the batch size except for the pandemic year.
2. A similar trend is observed in the number of recruiters visiting the campus. For 2023, 63 new companies visited the campus.  41 and 11 new companies participated in SIP  in 2020 and 2019 respectively.

Limitations of the report:

• Inconsistent data types: A few metrics have been unavailable for some years.

• Audited data unavailable for 2023 and 2019 Summer Internships.