Updated on: Saturday, November 10, 2012
XLRI, a top private B-School, successfully concluded its summer internship placements registering 100 per cent placement in a record time of four days by following a preference based slotted process.
Altogether 73 companies participated this year in the process and an unprecedented 282 offers made for a batch of 240 students, a press release said.
The highest domestic stipend was offered by an investment bank for its Mumbai desk while the highest international stipend was offered by Novartis for its leadership role at its global headquarters in Switzerland. Two-thirds of the batch had stipends exceeding the Rs 1 lakh mark for the internship period, it said.
E Abraham, Director of XLRI,expressing happiness over the placement, said, "Our success in summer placement is an affirmation of the high academic standards that we pursue. Even during an economic slowdown, our students are sought after".