67% percentage of students placed in Slot 1 over a span of 36 hours.

New recruiters from the financial sector include JP Morgan Chase, Carlyle, Lehman Brothers, Deutsche Bank, American Express and Rabobank.

6 Overseas offer.

15 companies visited XLRI for the first time including Barings Private Equity Partners, Carlyle, Citi Financial, Deutsche Bank, Fair Isaac, Jonas Lang La Salle, Microsoft, Nokia, Rabobank and Tata HRLP.

The Summer Internship Program 2007 at XLRI Jamshedpur, School of Business and Human Resources has concluded on a highly successful note. Companies vied with each other to select the 180 first year students, both from the Business Management (BM) and Personnel Management & Industrial Relations (PM&IR) courses.

2 students signed out with JP Morgan Chase which offered the highest domestic stipend of Rs. 2 lakhs. This was followed by the Yahoo and Hay Group, which offered Rs. 90,000 each.

As many as 6 overseas offers were accepted, including offers from Novartis in Switzerland, Muscat Finance, TAS and ABG.

The Banking, Finance and Insurance Sector saw a sharp increase in number of premier recruiters such as American Express, Deutsche Bank, Goldman Sachs Equity Research, JP Morgan Chase, Lehman Brothers, and Rabobank alongside regulars like AIG, Citibank, Edelweiss Capital, HSBC, ICICI Prudential, Standard Chartered Bank and UTI Bank. Private equity firms like Carlyle Group and Barings Private Equity Partners were also on campus for the first time. 25% of the batch opted for internships in the finance sector.

IT Consulting major Cognizant (14) was the largest recruiter this year with the maximum number of accepted offers. Other major recruiters were Deloitte Consulting, Ernst & Young and IBM (7) and Dell, Hewitt and TAS (6).

32 companies participated in Slot 1 while 24 companies recruited students in Slot 2.

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Contributed by -
Dr. Madhukar Shukla,
Professor (OB & Strategic Management),
XLRI, Jamshedpur.