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XLRI Jamshedpur concludes 2013 summer placements within 4 days

Published On: 15 Nov 2012 | Last Updated On: 23 Nov 2012

XLRI Jamshedpur concluded summer placements for 2013 within just 4 days through a preference-based slotted process. About 73 companies visited the campus to extend 282 offers to 240 students.

Under the preference-based slotted process, students are allowed to express their preference of companies for summer internship. These are then tallied with the current offers available. The process concludes once a student gets a suitable offer.

The highest offer was made by an Investment bank for its Mumbai branch and the highest international offer was made by Novartis for its headquarters in Switzerland. About 2/3 of the interns were hired at stipends more than Rs 1 lakh.

The director of XLRI attributed 100% placements in just 4 days that too during the economic crisis to the high standards of education offered at the institute. Some of the companies that offered finance roles to the XLRI students were Standard Chartered Bank, Rothschild, Citibank, Kraft Cadbury, Nomura, Medtronic, Goldman Sachs, Airtel, Wipro, HSBC, Development Bank of Singapore and L&T Finance whereas Carlyle Group hired exclusively from the campus.

Firms such as Procter & Gamble, Unilever, Asian Paints, Coca Cola, Castrol, Pepsi, Colgate Palmolive, Nokia, Kimberly Clark ,Britannia, Johnson & Johnson, Hindustan Coca Cola Beverages, ITC and GSK Consumer He extended internships offers for sales and marketing profiles. ITC emerged as the largest recruiter among the FMCG domain.

Consulting firms included Ernst & Young, The Boston Consulting Group, Cognizant Business Consulting, Deloitte, KPMG, IBM Consulting and Capgemini Consulting.

Other recruiters such as Amazon.com, eBay and Microsoft also visited the campus to offer marketing, operations and program management profiles to the students. Firms from the ecommerce and technology segment also participated in the placement process.

Source: The Hindu/ The Economic Times

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