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XLRI General Management Program (GMP), one year full time management program, has concluded a successful season of placements for its 2009 batch. The batch has been offered plum roles – like AGM, Product Analyst, Manager Pre-Sales, Category Manager, Management consultant, Strategic Account Manager, Client Solutions manager etc., clearly highlighting the potential of the participants to don middle and senior management roles. Also 30% of the batch was able to do a sector shift.
The process attracted 58 companies, as opposed to 54 last year, and made 101offers to 97 participating students. The average salary of individual offers stood at INR 13.5 lakhs (a decrease of close to 20% from previous year due to difficult job market), while the highest domestic offer was INR 17 lakhs and the average of international offers was USD 100,000 (a decrease of 25%).
The batch witnessed a good mix of participating companies from diverse sectors such as BFSI, Energy, IT, Consulting, Manufacturing, Steel, Retail and Telecom. J P Morgan Chase, SBI Capital, Abellon Energy, Emergent Ventures, HP, Sapient, Vedanta Group, L&T, Tata Steel, Future Group, Wipro and Alcatel-Lucent were some of the major recruiters for the batch.
"The one year General Management Program of XLRI has firmly established itself as a source of quality talent for recruiters. There were a number of recruiters who personally expressed their extreme satisfaction with the quality of the participants. These positive comments reinforce our belief that we are doing things right as far as our one year program goes.” quoted Prof. Rajiv Misra, Chairperson of the Placements at XLRI.
The placement season was held during 2nd week of February at Mumbai followed by rolling placements in March at Jamshedpur. The process was aimed at offering flexibility to the students and recruiters to find the right match. The participants were potential middle and senior management candidates with experience ranging from 5 to 16 years, with the average experience pegged at 7.2 years. As part of their international immersion program, students also visited Australia, USA and France. From the next batch, the immersion module is expected to include more universities across the globe that XLRI has tie ups with.
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