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XLRI Saw Steep Rise in the Stipends of Summer Internship 2015
XLRI - Xavier School of Management, one of India’s premier B-Schools, has completed its Summer Internship Placements 2015 for of its largest ever first year batch in record time yet again. The entire batch of 2015-17 obtained internship opportunities in a record span of only 2.5 days.
The recruitment drive saw 95 companies participating in the process with 92 of them making offers to a batch of 360 students.
All students of the batch received paid internships, the highest stipend offered being Rs. 2.5 lakh per month. The median stipend for the entire batch (BM & HR) was at Rs.65,000 per month. The top recruiters on campus in terms of numbers were Accenture Strategy (13), Microsoft (12), HUL (11), Flipkart (10), ABG (9), Citibank (9), Snapdeal (9) and Vodafone (9).
There were multiple organizations who participated in the ‘Parivartan’ process. Notable amongst them included Bill & Melinda Gates Foundation, Tata Trust, E-Vidyaloka, to name a few. Two students each were placed with the Bill & Melinda Gates Foundation, Tata Trust and E-Vidyaloka. The process was held and completed before the conventional Summer Placement Week.
Congratulating the first year students, Fr. E Abraham S.J., Director of XLRI commented “Summer Internship provides the much needed industry exposure and first-hand training to our students. It is good to see our students getting offers across diverse industry sectors and markets in India and abroad. It is an affirmation of the all-round integral formation we at XLRI strive to impart to our students. We are overwhelmed that this year the process was completed within the shortest time span ever – in just 2.5 days.”
Students across both programmes obtained internship opportunities in 2.5 days with a sector wise split as follows: FMCG at 21%, BFSI at 14%, Consulting at 13%, Conglomerate at 12%, E-commerce & start-ups at 8% and the remaining 32% in Technology, Media, Telecom, Pharmaceuticals, Oil & Gas, Power, Retail, Automotive etc.
Prof. Rajiv Mishra - Chairperson, Placement at XLRI commented, “This year’s placement season has witnessed a vast diversity of offers from every sector of the industry including media conglomerates and social sector organizations. We are thankful for the sustained faith shown by the industry in the much sought-after management professional talent at XLRI.”
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