31% of batch recruited by Banks, Financial Institutions and Insurance Sectors

It is placement season and the students of XLRI Jamshedpur have reasons to rejoice as the Final Placements of the batch of 2005 conclude on a successful note yet again. The placement of the outgoing batch of 2005 was unique, as this was the first year after XLRI increased its Business Management batch size from 60 to 120. In all, there were over 180 XLers to be placed instead of the usual 120, as was the case until last year.

The Statistics: XLRI had a first time international offer from Mittal Steel based out of Europe. XLRI also welcomed the prestigious Boston Consulting Group (BCG) for the first time - BCG made the highest domestic offer, closely followed by HSBC Bank.

Says Abhisek Mukherjee, Secretary, Placement Committee, "For the first time, a batch size of 180 was placed in just Day 0 and Day 1. The marked improvement in quality has assured not just placements, but a rise in the number of takes in certain sectors and some new entrants.".

The biggest recruiters this year were GE and IBM, which picked up 12 and 11 students respectively. Banks / Financial Institutions and IT / ITES sectors were tied at the top with 36 accepted offers each. Banks, Financial Institutions, and the Insurance Sector accounted for 31% of the batch, reaffirming the strong Finance base that XLRI has created over the years.

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