XLRI records 100% success in summer internship placements

Updated on: Monday, October 31, 2011

The premier XLRI School of Business & Human Resources has registered 100 per cent success at its Summer Internship Placements 2012 in a record four days time.
   
A total of 112 companies confirmed participation in the Summer Internship Placements this year while 77 recruiters participated with an unprecedented 365 offers made to a batch of 240 students, an XLRI press release here said.
   
The average stipend for the internship period this year was Rs 1,23,000, an increase of 10 per cent over last year while the median stipend for the internship period was Rs 1,00,000.
   
The highest international offer in excess of Rs 5,00,000 was made by a pharmaceutical company for its leadership role in its global headquarters at Basel, Switzerland, while the highest domestic stipend was offered by a private investment bank for its Mumbai desk.
   
Microsoft, ITC, Standard Chartered, Aditya Birla Group and Tata Motors were among the largest recruiters.
   
The number of international offers has undergone an increase as well with students being offered global assignments across sectors including investment banks, FMCG majors and the other big-wigs such as Novartis, Hay Group, Hindustan Unilever Limited, Kraft Cadbury, PepsiCo, Aditya Birla Group, Standard Chartered Bank, Airtel and Wipro, the release said.

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