The global economic downturn has not stopped B-school XLRI School of Business and Human Resources in Jamshedpur from achieving 100 placement for its class of 2009, although pay packets were a tad lower from last year.
Of the 170 students graduating this year, 63 per cent students received offers from marketing and finance sectors, XLRI Placement Committee Chairperson Rajiv Mishra said on Friday.
He said the average domestic salary package offered on campus was Rs 12.12 lakh, which is 18 per cent lower from the Rs 14.75 lakh average offer made last year. The highest international offer of 1,10,000 US Dollar came from global pharmaceuticals major "Novartis" in the human resources sector.
Altogether, 76 domestic and international companies participated in the campus recruitment, held between February 13 and March 25, Placement Committee Secretary Subid Anand said.
Many public sector units ranging from financial institutions like SBI capital to Bank Of Baroda and Securities and Exchange Board of India to Gail, BPCL, ONGC, BHEL and Coal India Limited were also in the campus for recruitment, Anand said.