Median salary up 5% at Rs 15.5 lakh

Our Bureau Updated - November 17, 2017 at 01:38 PM.

XLRI PLACEMENTS

The graduates of batch 2010-12 of XLRI School of Business and Human Resources secured median domestic salary of Rs 15.5 lakh (a rise of about five per cent from the median salary of Rs 14.7 lakh last year) in the final placement process in 2012.

The average domestic salary was higher by about four per cent at Rs 16.48 lakh, compared with last year.

Close to 98 per cent of the graduates were placed within the first three days of the placement process.

A total of 73 companies participated in the placement process which lasted for four days, said a press statement issued by XLRI.

“The economic downturn has not affected our placement process. We got as many as 284 offers for a batch of 235 students,” the release said.

The highest domestic salary was Rs 40 lakh, while the highest international offer of $150,000 was made by the global pharmaceuticals company, Novartis AG.

Goldman Sachs, which was the largest recruiter, made 12 offers for its asset management and investment research roles.

Standard Chartered, Citibank, Nomura, Bloomberg, Edelweiss, Rabobank, ICICI Bank, YES Bank, L&T Finance, SBI Capital Markets were some of the other key recruiters in the finance domain.

A large number of established and boutique consulting firms like Boston Consulting Group, McKinsey and Company and Deloitte were seen recruiting students for international and domestic strategy roles.

Leading marketing companies like Unilever, P&G, Johnson & Johnson, GlaxoSmithKline, Nestle, PepsiCo, Hindustan Coca Cola Beverages, Asian Paints, Marico, Castrol, Britannia and ITC also took part in the placement process.

Published on February 17, 2012 15:55