100% placements at XLRI

Updated on: Wednesday, December 02, 2009

Kolkata: XLRI School of Business and Human Resources, Jamshedpur concluded the summer internship recruitments 2010 with all students being offered internships.

'The number of international offers has undergone an increase as well with students being offered international assignments by investment banks, FMCG majors and the big-wigs of the industry,' said Father E Abraham, S J, director - XLRI School of Business and Human Resources.

'The fact that we have achieved 100% placements only reposes the faith our recruiting partners have had in the quality of management graduates that are a hallmark of XLRIs quality standards,' Prof Rajiv Mishra added

The recruiters responded with an unprecedented 273 offers made to 240 students, an increase of 27.6% over the previous year.

The number of recruiters that participated in SIP 2010 also increased to 81 from 74 last year. The average stipend this year was Rs 89,000, an increase of 4.7% over the last year.

The highest domestic stipend has also been incidentally from another investment bank for its Mumbai desk. The highest international offer was made by an investment bank for its trading desk in Hong Kong, which stood in excess of Rs 5,00,000.

The finance sector was the top draw at XLRI similar to last year with 40% of the students opting for roles in the finance domain.

Top investment banks like JP Morgan, Goldman Sachs, NM Rothschild and Nomura Holdings recruited for their Mumbai desks and international operations.

100% placements at XLRI

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