Saturday, March 12, 2005

XLRI places batch of 180

Business Standard, March 12, 2005

XLRI said today that students from its first placement season with increased batch size were placed with Mittal Steel, Boston Consulting Group and HSBC Bank, with 31 per cent of batch recruited by banks, financial institutions and insurance sectors XLRI has increased its business management batch size from 60 to 120.
In all, over 180 students were placed instead of the usual 120, as was the case until last year.
One XLRI student was picked up by Mittal Steel with a $ 80,000 package in Europe.
Boston Consulting Group (BCG) for the first time paid the highest domestic offer of Rs 12 lakh, followed by HSBC Bank with an offer of Rs 11 lakh.
The average salary of the batch was Rs 7.4 lakh from Rs 7.14 lakh last year, with Rs 4.5 lakh being the lowest.
Abhisek Mukherjee, secretary of the placement committee, said, “The improvement in quality has assured not just placements, but a rise in the number of takes in certain sectors and some new entrants.”

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1 comment:

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