Jamshedpur, March 27: The Xavier Labour Relations Institute (XLRI) has successfully concluded the final placements for its Post Graduate Diploma in Management (PGDM) programs, specifically for the Business Management (BM) and Human Resource Management (HRM) batches of 2023-25. This year, the placement season witnessed a remarkable achievement, with 591 students from both the Jamshedpur and Delhi NCR campuses securing around 600 job offers from 172 recruiters, including two international placements.
The highest international salary package offered was an impressive ₹1.10 crore, while the top domestic package reached ₹75 lakh per annum. Despite the challenging market conditions, the median salary for the batch stood at ₹29 lakh, showcasing the resilience and demand for XLRI graduates in the current economic landscape.
Among the standout statistics, the top 10% of students secured an average salary of ₹52.03 lakh, while the top 25% earned an average of ₹44.35 lakh. Furthermore, a significant 34.17% of the students received Pre-Placement Offers (PPOs), reflecting the high performance of XLRI students during their summer internships.
Consulting emerged as the leading sector for placements, accounting for 26% of the total offers made. Notable firms such as McKinsey & Company, Boston Consulting Group (BCG), Bain & Company, and Accenture Strategy were among the top recruiters in this domain. The Banking, Financial Services, and Insurance (BFSI) sector also saw strong participation, with 22% of students landing roles at prestigious companies like Goldman Sachs, Citi, and HDFC Ergo.
Sales and marketing positions accounted for 18% of the placements, with students securing roles at renowned companies including Amul, ITC, and Nestlé. The ITES, e-commerce, and tech sectors also contributed significantly, with firms like Amazon, Microsoft, and Zomato offering positions in product management, analytics, and digital strategy.
XLRI's reputation for excellence in HR recruitment was further solidified this year, with major companies such as Amazon, Asian Paints, and Bajaj Auto hiring for various HR roles, including HR consulting, compensation and benefits, and HR analytics.
Dr. (Fr.) S. George, S.J., Director of XLRI, expressed immense pride in the students' achievements. He noted, "Despite the evolving economic landscape, XLRI students have once again demonstrated their capability to lead and adapt. The overwhelming response from recruiters reflects the industry’s trust in our students’ competence, values, and leadership potential."
As XLRI continues to set benchmarks in management education, this placement season serves as a testament to the caliber of its students and the enduring trust that the industry places in XLRI graduates. The strong demand for XLRI graduates reinforces the institution's position as one of India's premier business schools, preparing students to make significant contributions in their respective fields.
With record placements and high salary packages, XLRI not only highlights its commitment to nurturing future leaders but also its ability to adapt and thrive amidst challenging market conditions. The institute’s legacy of excellence remains steadfast, and the 2023-25 batch is now poised to make a significant impact in the corporate world.
