XLRI placement 2009 details
From the ET:
XLRI School of Business & Human Resources has completed its final placements after a month-long rolling process which saw the highest international salary of $110,000 offered by global pharma major Novartis for a HR leadership role in Basel, Switzerland actually breach last year’s $100,000 mark despite the economic downturn. Overall placements, however, weren’t spared by the slowdown. The highest domestic salary of Rs 22 lakh fell 21.42% from last year’s Rs 28 lakh. The average domestic package of Rs 12.12 lakh offered on campus too saw a 17.83% drop from last year’s Rs 14.75 lakh.
A total of 76 companies took part in placements this year, as opposed to 57 last time. There were several first-time recruiters including L’Oreal, Castrol, Titan Industries, Bharti Airtel and Virgin Mobile as well as SEBI, GAIL and BHEL from the PSU space. Offers extended by PSUs found acceptances from 11% of the batch.
“Keeping the current situation in mind, instead of the usual placement week, we decided to have a rolling placement process this time. We didn’t want to compromise on the roles,” said Gayathri Krishnan, XLRI external linkages secretary. The participating companies made a total of 193 offers to the 170 students. There were over 8 international offers in locations like Switzerland, Middle-East, US, Canada and Malaysia.
According to a release issued by XLRI on Friday, companies were conservative in terms of pre-placement offers this year with 30 PPOs being offered. 8 students ventured into the corporate world with their own niche business plans.