XLRI GMP Mumbai Placements in Economic Times

XLRI GMP Mumbai Placements in Economic Times

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After a gap of a year, Xavier Labour Relations Institute (XLRI) will be visiting Mumbai to hold a campus placement week for the students of
its one-year general management programme for working professionals.

Jamshedpur-based XLRI is organising its last leg of placements in Mumbai at St Xavier’s College from March 3 to 6, 2010, and is hopeful that all the students will get placed in four days.

Last year, the institute, known for its programme on personal management, was forced to drop its Mumbai visit due to a lukewarm response from India Inc, which was suffering the effects of the economic slowdown. However, it’s a different story this year. “With the economy changing gears and heightened interest among corporates for hiring, we are visiting Mumbai for final placements,” says associate dean Pranabesh Ray.

Of the batch size of 96 students, 25 students have been placed so far. The placements began in the second week of January. The average salary offered till date is around Rs 15 lakh compared to Rs 13.5 lakh per annum in 2009.

Responses from core sector and information technology companies have picked up this year. Companies in the financial sector too are showing interest. About 15 companies have visited the campus so far. Among them are Apollo, SAP, TCS, Mahindra Satyam, Tech Mahindra, Biocon, Wipro Infotech, Daimler and a few Tata Group companies.

“There is more demand for domain consultants and business development roles in IT companies this year,” says professor Rajiv Misra, chairman, placements. The roles offered are at senior levels like practice lead, assistant VP, directors, general manager, among others. The average experience of the batch is around seven years, and half the batch has an average international work experience of three years.