XLRI Summer Internship Placements

Updated on: Monday, October 31, 2011

XLRI School of Business & Human Resources has successfully concluded its Summer Internship Placements 2012 in a record time of 4 days by executing a preference based slotted process, with 100% of its students being offered internships across geographies and sectors.

XLRI struck strategic partnerships with a number of recruiters in the areas of financial services, FMCG, insurance, pharmaceuticals, telecom, IT, technology, media and manufacturing such as Shell, Dabur, Dr Reddy’s, Nomura, Abbott Nutrition, HDFC, Flipkart, Capgemini, ICICI Bank,  Nielsen, Texas Instruments, Info Edge, Cisco, SAP and The Times of India who recruited for internship roles in their respective organisations.

Around 77 recruiters participated with an unprecedented 365 offers made to a batch of 240 students. About 112 companies confirmed participation this year in the Summer Internship Placements. The average stipend for the internship period this year was Rs 123,000, an increase of 10% over last year and median stipend was Rs 100,000. Microsoft, ITC, Standard Chartered, Aditya Birla Group and Tata Motors were the largest recruiters.
 
The highest domestic stipend was offered by a private investment bank for its Mumbai desk. The number of international offers has undergone an increase as well with students being offered international assignments by investment banks, FMCG majors and the other big-wigs of the industry including Novartis, Hay Group, Hindustan Unilever Limited, Procter & Gamble, Kraft Cadbury, PepsiCo, Aditya Birla Group, Standard Chartered Bank, Airtel and Wipro.

The highest international offer was made by a pharmaceutical company for its leadership role in its global headquarters at Basel, Switzerland which stood in excess of Rs 500,000.
 
The finance majors were back in full force at XLRI, same as previous years, with 22% of the students opting for roles in the finance domain. The FMCG majors were the top draw at XLRI, thanks to the upside being felt in the market. XLRI has again re-established its strength as a marketing destination with 28% of the students taking up roles in the marketing domain.

This year saw the strong inclination towards medical and pharma industry. General management and consulting domain were not far behind.

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