Xavier School of Management ends summer internship placement process
Xavier School of Management has announced the completion of its summer internship placement (SIP) process for the batch of 2019-21.
By : migrator
Update: 2019-10-22 19:41 GMT
Chennai
The batch consisting of 361 students achieved 100 per cent placement. This year the summer internship process saw participation from 86 recruiters, including 11 first-time recruiters.
The top segments based on roles offered were consulting, sales and marketing and BFSI. While consulting firms extended its offers of 16% to Business Management students, sales and marketing constitututed 40% while BFSIconstituted 17%.
The average stipend saw an increase of Rs 1.2 lakh per month from Rs 1.07 lakh per month in 2018. The median stipend was offered at Rs 1.2 lakhs per month. The highest stipend stood at Rs 2.5 lakhs per month offered in the BFSI sector.
Other roles included functions in analytics, product management, business development, brand management and strategy. Various organisations participated in the process, including FMCGs, consulting, pharma, IT, e-commerce, auto, mining, oil & gas and telecom.
Organisations who participated for the first time included firms such as Bain & Co., Adani Group, Kornferry, Amazon, NIIF, PhonePe, Udaan, Shell, Diageo, Ola, Adani, Rupeek and others. Amazon made the highest number of offers.
The regular recruiters who participated were The Boston Consulting Group, Microsoft, P&G, Aditya Birla Group, ITC, Nestle, Hindustan Unilever, Mondelez, Mahindra & Mahindra, Citibankand others.
“This has been a good year for summer recruitments. We are extremely grateful to all the recruiters for showing belief in the XLRI institutional brand and our students. The spectacular placements achieved this year is a testament to our diverse talent pool and to the XLRI brand that has raised the bar for placements in B-schools in the country,” commented director Fr P Christie S J, XLRI-Xavier School of Management.
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