MUMBAI: Xavier Labour Relations Institute (XLRI), the Jamshedpur based institute, will hold its last session of campus placement in Mumbai at St Xavier’s College from March 3 to 6, 2010. XLRI will be visiting Mumbai, almost after a gap of a year, to hold a campus placement week for the students of its one-year general management programme for working professionals.
As per sources, 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. Pranabesh Ray, XLRI Associate Dean, said that with the economy changing gears and heightened interest among corporates for hiring, the institute is visiting Mumbai for final placements.
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. Further, responses from core sector and information technology companies have picked up this year. Moreover, 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.