Recruitment outcomes at Xavier School of Management, Jamshedpur, the institute commonly referred to as XLRI Jamshedpur, have moved in one direction across recent seasons: more offers, larger salaries and a wider recruiter base. Priced at INR 11 LPA, the PGDM programs return strong value once the average package, now past INR 24 LPA, is set against that investment. The most recent outgoing cohort was placed in full, and pay levels have risen with each successive year.

Take the 2021-23 batch as the reference point. 484 domestic offers plus 3 international ones went to 463 students, closing the final drive at 100%. ITES delivered the highest domestic salary of INR 78.2 LPA, while the HR domain produced the highest international salary of INR 1.1 CPA. Between 2022 and 2023 the average moved from INR 30.7 LPA to INR 32.7 LPA. Participation came from 117 recruiters, 30 of them arriving for the first time, and pre-placement offers accounted for 43.8% of the total. Mercedes Benz, Indigo Edge, Emaar Properties and Barclays were among the names on that list.

XLRI Placements Report

Particulars202120222023
Placement Percentage100%100%100%
No. of Recruiters10899117
Total number of offers370-487
No. of New Recruiters232330
PPOs33.33%40.28%43.8%
No. of Students Placed358427463
Highest CTCINR 50 LPAINR 60 LPAINR 1.1 CPA
Average CTCINR 25.08 LPAINR 30.73 LPAINR 32.7 LPA
Median CTCINR 23 LPAINR 29 LPAINR 30 LPA
Average CTC (Top 10%)INR 37.49 LPAINR 48.42 LPAINR 57.7 LPA
Average CTC (Top 25%)INR 34.80 LPAINR 41.2 LPAINR 46.8 LPA
Top RecruitersMastercard, DE Shaw, PaySwiggy, American Express, FreshWorksBarclays, Emaar Properties, Indigo Edge, Mercedes Benz

Of the 487 offers taken up by the 463 placed students in 2023, pre-placement conversions formed 43.8%, and the season ended at 100%. The ceiling stood at INR 78.2 LPA within India and INR 1.1 CPA overseas. Averages settled at INR 32.7 LPA against a median of INR 30 LPA, rising to INR 57.7 LPA for the leading 10% and INR 46.8 LPA for the leading 25%. New entrants made up 30 of the 117 recruiting organisations.

The 2022 season had also ended with everyone placed. 99 companies recruited that year, 23 of them fresh to the campus, and 40.28% of students converted pre-placement offers. Salary markers for that batch: a peak CTC of INR 60 LPA, an average of INR 30.73 LPA, and a median of INR 29 LPA.

Earlier still, the 2019-21 cohort drawn from the PGDM Business Management and PGDM Human Resource Management streams recorded a full 100% result as well, with all 358 candidates placed inside two days of the final process.

XLRI Placements Sector Wise Analysis

BFSI and its allied fields dominated hiring for the 2022 batch, trailed narrowly by Consulting and General Management. Sector figures follow.

SectorsNumber of Students PlacedCTC Range
Sales & Marketing, Pharma38INR 20.7 - 32 LPA
HR42INR 19 - 30 LPA
Consulting & General Management97INR 20.8 - 43.9 LPA
IT / E-Commerce19INR 21.55 - 40.5 LPA
BFSI & Others99INR 22 - 40 LPA

Sales & Marketing, Pharma Sector Placements

CompanyDesignationNo. of StudentsCTC
P&GAccount Manager327-30
HULManagement Trainee229-30
ITCAUT-HR, HR Manager1128-32
Colgate-PalmoliveLead Associate130-32
Asian PaintsManager528
NestleManagement Trainee326-27
SamsungManager125.4
MondelezManagement Trainee229
DaburManagement Trainee125-28
ReckittManagement Trainee430-32
PidiliteManagement Trainee025-26
PepsiCoManager224-26
CiplaManager123
Dr Reddy'sManagement Trainee020.7
ThermofisherManagement Trainee128
NovozymesGlobal Mgmt Graduate125-26

HR Sector Placements

CompanyDesignationNo. of StudentsCTC
P&GManagement Trainee127-30
HULManagement Trainee129-30
ITCManagement Trainee228-32
Colgate-PalmoliveManagement Trainee130-32
MaricoManager227
J.P. Morgan ChaseAnalyst622
Bajaj AutoManagement Trainee524
MyntraHuman Capital Manager323
OlaManager723
PwCAssociate421
EYSenior Consultant120-22
DeloitteConsultant723.5
MyntraL&D Lead223

Consulting & General Management Sector Placements

CompanyDesignationNo. of StudentsCTC
BCGSenior Associate2633-35
Bain & CoAssociate Consultant2333
KearneyConsultant033-35
Accenture StrategyRecruiting Analyst2243.92
AonConsultant522
Everest GroupSenior Analyst226.7
TASTAS Probationer226
Aditya Birla GroupLeadership Associate522.5
Mahindra GMCGMC226
Capgemini ELITEManager222
Reliance IndustriesHead of Learning & Development320.8
Hinduja GroupAssociate124
EYConsultant120-22
DeloitteConsultant323.5

BFSI & Others Sector Placements

CompanyDesignationNo. of StudentsCTC
Goldman SachsAssociate335-40
JPMCAnalyst335-40
AvendusInvestment Banking Associate225
Citi BankCommercial Banking Analyst328
ProgCapAnalyst040
Lodha GroupAssociate General Manager440
M3MSenior Manager422

XLRI Placements Sector-Wise (2021)

Sector-wise RolesNo. of Placements
Consulting29%
Sales & Marketing16%
BFSI14%
Other41%

The largest slice of the 2021 drive, 29% of offers, came from consulting firms. Behind them sat Sales & Marketing on 16% and BFSI on 14%. Specialised functions covering Finance, Brand Management, Business Transformation and Product Management made up the balance of 41%.

XLRI Year-wise Placement Statistics

Placement YearAverage Salary (INR in LPA)Median Salary (INR in LPA)
202125.0823
202024.3023
201922.3521
201820.1021
201719.2119
201618.5018

Both averages and medians moved up consistently over this stretch; the sole exception was the median, which stayed level between 2020 and 2021.

XLRI Placements Batch Profile

Batch Size101
Male Students62%
Female Students38%
Average Work Experience27 Months
Work ExperienceFreshers: 38%
0-12 Months: 5%
12-24 Months: 21%
24-48 Months: 24%
36-48 Months: 10%
>48 Months: 2%

Where the cohort studied before joining is set out here.

Academic BackgroundNo. of Students
B.E/B.Tech67%
B.Com.16%
B.Sc.6%
BBA/BMS5%
BA3%
Others3%

No other qualification came close to the B.E./B.Tech stream, which supplied the biggest portion of the batch.

XLRI Summer Internship Placements Highlights

Batch2020-222021-232022-24
Total Students424470510
Number of Companies126-103
First Time Recruiters41--
Number of Offers--525
Highest StipendINR 5 LakhsINR 6.8 Lakhs (2 Months)INR 3.5 Lakhs
Average StipendINR 1.1 LakhsINR 1.28 LakhsINR 1.54 Lakhs
Median StipendINR 1.20 LakhsINR 1.27 LakhsINR 1.50 Lakhs
Average Stipend (Top 5%)--INR 2.35 Lakhs
Average Stipend (Top 10%)INR 1.72 LakhsINR 1.82 LakhsINR 2.17 Lakhs
Average Stipend (Top 25%)INR 1.57 LakhsINR 1.63 LakhsINR 2.02 Lakhs
Average Stipend (Top 50%)--INR 1.85 Lakhs
Top RecruitersAmazon, Dabur, ITCCoca Cola, Asian Paints, P&G-

103 recruiters generated 525 offers for the 510 students of the 2022-24 batch, and the best stipend touched INR 3.5 Lakhs a month. Monthly pay averaged INR 1.54 Lakhs with a median of INR 1.50 Lakhs. Segment-wise, the top 5% averaged INR 2.35 Lakhs, the top 10% INR 2.17 Lakhs, the top 25% INR 2.02 Lakhs and the top 50% INR 1.85 Lakhs.

The season before that set a participation record: 470 students from the 2021-23 batch, the biggest group the institute had seen to that point. BFSI supplied that year's top stipend of INR 6.8 Lakhs for a two-month term. Average pay grew 5% year-on-year to INR 1.28 Lakhs while the median settled at INR 1.27 Lakhs, and averages of INR 1.82 Lakhs and INR 1.63 Lakhs went to the top 10% and top 25% respectively. Roles in Consulting, Sales and Marketing occupied the upper bracket, and ITC, P&G, Asian Paints and Coca Cola featured prominently among recruiters.

XLRI Summer Internship Placements Domain-Wise

Domain-level distribution of 2023 batch internships is captured in the table.

DomainsPercentage of Students Offered Internships
Consulting / Advisory25%
IT and E-Commerce22%
FMCG17%
BFSI10%

XLRI Summer Internship Placements Sector-Wise

SectorsPercentage of Offers
FMCG20%
BFSI14%
E-Commerce14%
Consulting & Advisory11%

Across every sector tracked here, none contributed a bigger share of internship offers than FMCG.

XLRI Placement Sector-Wise Top Recruiters

Returning organisations came from consulting, technology and FMCG backgrounds, a group that included Hindustan Unilever, Capgemini ELITE, Standard Chartered, Avendus Capital, ITC, Aditya Birla Group, P&G, Amazon, Microsoft, Accenture Strategy and Boston Consulting Group. Debut recruiters that season were Vedanta, TCS, JCB, M H Alshaya, Tolaram Group, Welspun, Thoucentric Consulting, Power Finance Corporation, Myntra and Arga Investment Management.

SectorsTop RecruitersRoles
ConsultingBain & Company, The Boston Consulting Group, AT Kearney, Accenture Strategy, Deloitte, PwC, EY, KPMG, Everest Group, Infosys ConsultingConsulting
FMCGP&G, Hindustan Unilever, ITC, Colgate Palmolive, Asian Paints, Samsung, MaricoCompany Strategy, Sales & Marketing, Product Supply, Operations, IT and Human Resources
PharmaCipla, Dr. Reddy's, Sun Pharma, Thermofisher, Aurigene Health Tech
FinanceGoldman Sachs, J.P Morgan Chase, NIIF, Citibank, Standard Chartered, Kotak Mahindra Bank, ICICI, EdelweissFront End Investment Banking, Asset Management, Portfolio Management, Global and Corporate Banking, Wealth Management, Global Markets, Equity Research, Retail Banking
General ManagementTAS, Aditya Birla Group, Mahindra, Capgemini ELITE, Reliance Industries, Xiaomi, RPG, Hinduja, ACTGeneral Management
ITES, E-commerce and Online ServicesMicrosoft, Amazon, PayTM, PhonePe, Myntra, Ola, Media.net, Flipkart, Udaan, AirBnB, HCL, TCS, EXL, Byju's, Unacademy, VMockProduct Manager, Program Manager, Business Development, Financial Planning
HRP&G, HUL, ITC, Colgate Palmolive, Marico, JP Morgan Chase and Co., Myntra, Ola, Power Finance Corporation, SamsungChief Talent Officer, HR Consulting, Recruitment, Compensation & Benefits, HR Analytics

XLRI Jamshedpur Alumni Network

Name of the CompanyNumber of Alumni
Accenture462
Tata Steel386
Amazon297
TCS253
Cognizant181
EY162
Microsoft121
HSBC121
XLRI Jamshedpur107
Unilever102
L&T102
Flipkart99
ITC Limited93
BCG92
Procter & Gamble91

XLRI Placements FAQs

Ques. What proportion of the 2021 cohort at XLRI converted Pre-Placement Offers?

Ans. During that year's drive, 33.33% of the students converted pre-placement offers.

Ques. In the 2021 season at XLRI, which sector hired the highest number of students?

Ans. Consulting topped the list at 29% of placements, with Sales & Marketing next on 16%.

Ques. During the 2023 internship season at XLRI, how high did the best stipend go?

Ans. The maximum offered in 2023 was INR 6.8 Lakhs, covering a two-month internship.

Ques. On average, how much did an intern take home in the 2023 season at XLRI?

Ans. Interns averaged INR 1.28 Lakhs across the 2023 season.

Ques. What was the size of the intern group during the 2023 summer placements at XLRI?

Ans. That season saw 470 students go through summer internship placements.

Ques. In 2022, how many companies came for the summer internship process at XLRI?

Ans. That drive attracted 126 participating companies.

Ques. Which salary levels are on offer for XLRI students?

Ans. The maximum reached INR 50 LPA. Averages stood at INR 25.08 LPA and the median at INR 23 LPA, while the leading 10% and leading 25% of the batch recorded averages of INR 37.49 LPA and INR 34.80 LPA.

Ques. What was the recruiter count for the XLRI 2021 drive?

Ans. A total of 108 companies recruited, and 23 among them came to the campus for the first time.

Ques. How many students from the 2021 batch at XLRI held Pre-Placement Offers?

Ans. The pre-placement offer figure for that drive was 33.33% of the batch.

Ques. Which companies count among the institute's top recruiters at XLRI?

Ans. L&T, Flipkart, Procter & Gamble and Amazon are counted among the prominent names.