XLRI announces total 57 PPOs on the eve of placement season

Jamshedpur, Jan 20 (UNI) In an impressive prelude to the annual placement season, the Xavier Labour Relations Institute (XLRI), Jamshedpur, has announced a total of 57 Pre-Placement Offers (PPOs), translating into corporate invites for one-third of the batch even before signing into the placement season.

The offers ranged across a varied spectrum of verticals - from Strategy Consulting to Investment Banking, Corporate Branding to Human Capital and Technology Management to Corporate Finance, XLRI sources said.

JP Morgan Chase, Lehman Brothers, Goldman Sachs, HSBC, Citibank, Reliance Capital and Axis Bank were some of the leading recruiters in the finance domain, who deemed it fit to offer trading, investment banking, treasury, commercial banking, equity research, human Resources and other coveted roles to students right out of their summer internships.

The Hay Group, Ernst and Young, Hewitt, Mercer, TAS, the Aditya Birla Group and Deloitte were among the recruiters vying for a piece of the Consulting, Human Resources and General Management pie in the batch by confirming their interest in interns.

Unilever, Procter and Gamble, Nokia, Asian Paints, ITC, Cadbury and Nestle were the leading FMCG and consumer durable majors that snapped up trainees choosing to pursue a career in marketing, branding and sales.

Microsoft, CTS, IBM and a host of systems majors were pleased to extend offers in business development, human resources and marketing to students.

''While the performance of our students was no surprise in itself and justifies the recognition accorded by the industry, the offers are hopefully just the beginning and set the tone for a robust placement season,'' XLRI Placement Coordinator Uday Damodaran said. With more PPOs yet to come in and Pre-Placement interviews scheduled over the next few weeks, the number would be likely to see a significant increase as the students enter the Lateral Recruitment Programme and Campus Recruitment Programme, the sources added.

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