XLRI Summer Internship: 127 students get offers from top consulting firms

NEW DELHI: The Xavier School of Management has completed its Summer Internship Placement Process (SIP) for the 2021-23 batch of business management and human resource management programmes across Jamshedpur and Delhi-NCR campuses.

The highest stipend offered was INR 6.8 lakhs for two months in the BFSI Sector.

Despite the pandemic, the institute saw the median stipend for the entire batch rise to INR 1.27 Lakhs per month, while the average stipend offered was INR 1.28 Lakhs per month. This is an increase of over 16% and 5% over the previous year.

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The top recruiters included Amazon, The Boston Consulting Group, Bain and Company, Accenture Strategy, PricewaterhouseCoopers, Deloitte, Aditya Birla Group, and HUL.

The average monthly stipend for the top 10 percentile students was INR 1,82,000 per month, while for top 25 percentile students the stipend stood at INR 1,63,500 per month.

The top segments based on roles offered were Consulting, Sales & Marketing, and BFSI. Consulting and Advisory firms extended offers to around 25% of the batch while IT and e-Commerce firms recruited 22% of the batch. FMCGs recruited 17% of the batch while BFSI recruited a select 10% of the batch for some of their most coveted roles.

Looking at sector-wise turnouts, the top categories based on roles offered to the students in summer internships were Consulting and Advisory, Sales & Marketing, and Finance.

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Other roles included functions in Product Management, Business Development, Brand Management, Analytics, and Strategy. Organizations from a wide spectrum of sectors participated in the process, including FMCGs, Consulting, Pharma, IT and e-commerce, Government Agencies, and telecom.