The 2021 MBA batch of the XLRI-Xavier College of Administration additionally achieved an identical feat as all of the 358 college students who sat for placements obtained jobs, a launch by the Jamshedpur-based institute mentioned.
The virtually-conducted placement week at IIM Calcutta, which ended on March 3, noticed over 530 job provides for the 467 college students.
Altogether 172 corporations participated within the last placement course of, with the typical and median salaries rising to Rs 29 lakh and Rs 27 lakh each year respectively, it mentioned.
The consulting sector emerged as the highest recruiter, with 149 college students or 32 per cent of the whole power choosing them.
A complete of 90 college students had been chosen by prime funding banking, asset administration and personal fairness enterprise capital corporations.
Nonetheless, the impression of the Covid-19 pandemic and the financial slowdown was seen in some sectors.
Whereas consulting and finance roles continued to comprise roughly half of the placements as seen in earlier years, basic administration and advertising and marketing roles got here down from 30 per cent final yr 2020 to fifteen per cent in 2021.
In one more reflection of the economic system in 2020-21 and present traits, main software program companies and e-commerce platforms boosted their hiring from the campus.
Vinaya Patil, a second yr MBA scholar mentioned, “We had been actually apprehensive concerning the last recruitment given the slowdown within the industrial exercise within the final couple of years. Such placements for the entire batch really feel surreal.”
Professor Abhishek Goel, chairperson of the Profession Improvement and Placement Workplace mentioned, “It was a tall order to get so many provides within the season whereas holding the supply for a number of provides for a scholar. The scholars stepped as much as the problem and the result is an unbelievable feat.”
Director Professor Anju Seth mentioned, “Attaining 100 per cent placements in an unprecedented time corresponding to this can be a true testomony to the worth of the IIM Calcutta expertise and I thank the recruiters for his or her belief.”
The ultimate recruitment course of at XLRI noticed the participation of 108 recruiters, with 370 home and worldwide provides.
The median wage provided to the batch stood at Rs 23 lakh each year and the typical wage elevated to Rs 25.08 lakh each year.