Of the total 119 students, 14 stayed away from the placement drive, either being on sabbatical or being company sponsored.

“A healthy mix of core and service sector firms augmented by an active interest from startups gave rise to a dynamic placement process,” XLRI said in a release.

The batch comprised of students with 5 to 10.5 years experience with the mean work experience of the batch pegged at 6.5 years.

The engagement process saw 44 companies making offers with majority of previous recruiters turning up with new recruiters forming a hefty 41%.

The companies included JPMC, ZS Associates, Microsoft, Genpact, Amazon, Goldman Sachs and Car Dekho.

The mean salary (domestic) offered was Rs 16.5 lakh per annum with median salary pegged at Rs 16.0 lakh per annum.

The rolling placements started in November 2014. Multiple roles were offered depending on seniority and ultimately all candidates successfully returned to industry with enhanced profiles.

The mean salary (domestic) offered was Rs 16.5 lakh per annum with median salary pegged at Rs 16.0 lakh per annum.

The post offered included Associate VP, Business Analyst, Consultant, Deputy General Manager, Senior Manager, Director and Vice President. Majority of the roles were in IT consulting followed by process management and analytics.

The sectors were IT/ITES, Strategy, Manufacturing, Banking, Consulting, Operations, Marketing, Sales/Business development, Supply Chain, Quality assurance, and Analytics space.

As far as industry diversity is concerned, IT topped the list followed by e-commerce and realty/infrastructure.

Placement Statistics For Class Of 2015 :

Last Year’s Recruiters* :

By Deb Panda

Unlike a 2 year pgdm/pgp program, time is of the essence in a one year MBA program. There are certain virtual people and places that can help jumpstart your journey and beat the time Crunch. Do you know them?

Café Facebook 

This is the place you’ll meet new faces, gel with old ones and exchange news and views with each other. The place for HOTO! – while in a one year MBA, you do not get a chance to meet your seniors, Cafe Facebook ensures a seamless HOTO (Hand over/ Take over). Breaking news to family, friends, and office folk – One whisper at Cafe Facebook and you can rest assured that it has reached everybody and his cousin. In this café, a lot happens over coffee.

Ms. Watsapp

She knows anybody, everybody and everything. If you are in trouble and need an immediate answer, ping her. She will come handy when you get doubts about education loans or need to plan travel and connect with seniors in your town. Through her you will get instant updates while at office, home and even when you are sleeping. She may overwhelm you at times but you ought to know her as she is going to be your BFF especially during you ‘waitlisted’ days.

MS. Office

She is the guardian of the three most important acquaintances you would ever make in your life:

Ms. Word

Do not get misled by her simple white attire for she is a monolith. She is the most talkative, verbose person you would ever meet. She is going to be your companion in solving case studies and projects. Better get acquainted at the earliest.

Ms. PPT

She may appear petite but  she is truly power personified. She is going to be by your side in the classroom for every presentation.

Ms.Excel

Some find her too quantitative in her approach and lacking the wordplay of Ms. Word but if you want to become a corporate honcho, learn the magic of this Merlin. Her magical formulas include graphs, pivots, and the all powerful ‘if function’. One early use of his enigma is to tabulate the Batch analytics – profile, years of experience, functional profile etc.

Mr. Google                      

Knowledge is power and Mr. Google grants you access to all the knowledge you will ever need. He can lure you in to a never ending vortex of millions of answers to any question you could ever ask. Your expertise in filtering the relevant information in this maze of will separate you from your peers.

Oneyearmba.co.in tip: Learn the hidden ways of Google before you hit B-school: tricks such as using search words with quote marks to find the exact phrase you are looking for and appending a search query with filetype:ppt or filetype:pdf to find specific types of documents are critical in finding relevant information while researching for projects. More on this here: The complete list of Google Search Tips and Tricks

Mr. Google Mail

It is sacrosanct to maintain a courteous relationship with the friendly neighborhood postman – more so with Mr. Google mail or you might see your acceptance mail going to spam! He is going to be the first one to break to you the good news of Group discussion and Personal interview invites and the first one to inform you of the status of your admission. Also invaluable for cracking a deal for your education loan.

Sir Google Drive                             

A known accomplice of Mr. Google. Knowledge is power and countries, corporates and individuals have risen and fallen based on their access to the right information. If you want to wield the power of knowledge, please touch base with Sir Google Drive. He can teach you how to widen your horizons of knowledge, by proper archiving, group sharing and group learning.

Great place to share notes on the programme and planning the year ahead with your fellow students.

Skype Tours & Travels

This magical portal can apparate you anywhere at any time. Most handy for:

• Appearing for a college interview despite sitting in a different continent 
• Connecting with peers, face to face in real time
• Doubt clarification and hangouts with college seniors

My advice to everyone is that the sooner you get acquainted with the personalities listed above, the smoother your journey to B-school and within the B-school is going to be.

Contributing Blogger Deb Panda is an MBA (PGDM-GM) 2015 candidate at XLRI, Jamshedpur. He has close to 6 years of work experience in Business Strategy & Product Management in the e-commerce domain working with Tata Consultancy Service (TCS). He has successfully rolled out eCommerce sites like titan.co.in and he has world-wide patents under his belt in the eCommerce domain.  Besides being a sports enthusiast, he likes discovering unique youtube videos and cartoons like Naruto. He aims to leverage the power of Business Analytics and become a leading strategist. If he is not fretting in the gym, you can reach him at dev_panda@live.in 

Image courtesy yemista.com

Jamshedpur, 17th April, 2014: XLRI in association with Centre of Global Management and Responsible Leadership (CGMRL) organised X-TEND 2014 –  the maiden leadership conclave of XLRI and the flagship event of the XLRI Leadership Series on 17th April 2014 at the XLRI, Jamshedpur campus. The event is an initiative of the one year MBA (PGDM-GM) class at XLRI.

The inaugural X-TEND explored a pertinent topic: Designing Future-ready Organizations. The conclave explored the strategies companies can adopt to create organisations that stay relevant and adapt with time.

The speaker panel comprised of eminent industry leaders and included Mr. Arup Datta – Technical Director, KPMG, Mr Ritesh Ghosal – Head-Brand Marketing, Tata Teleservices, Ms Sujitha Karnad – Group HR, Mahindra & Mahindra, Fr Oswald Marcarenhas – JRD Tata Chair in Business Ethics at XLRI among others along with the moderator Dr Jitendra Singh – Chairperson, International Relations, XLRI.

Fr. Abraham, Director, XLRI inaugurated the event. He explained the importance of the external environment by sharing how one can study a pond and understand the frog that lives there. He explained that one needs to understand the external environment first in order to understand the organisation in its totality and then one can attempt to make the organisation future ready.

The discussion began with Dr.Singh making an insightful observation: “Being good today would not guarantee success tomorrow. The organisation should evolve with the changes happening in the external environment”. Quoting Jack Welch, the renowned leader of General Electric (GE), Dr.singh emphasized that the rate of internal changes in the organization should at least keep pace or exceed the rate of changes happening externally.

The rate of internal changes in the organization should at least keep pace or exceed the rate of changes happening externally – Dr. Jitendera Singh

Mr.Ghosal said it is important to sync the value proposition of the consumer with that of the organization. He emphasized the need for having real-time or near real-time listening mechanisms to capture what customers are saying and to create a learning organization.

There is a need for real-time or near real-time listening mechanisms to capture what customers are saying – Ritesh Ghosal

Ms.Karnad provided an HR perspective to the discussion when she said “Focus on the workforce. It must be increasingly global, have generational diversity and should be a contributing part of large teams.” Ms.Karnad acknowledged the rise in entrepreneurship and disruptive innovations by start-ups. She said that the HR fraternity should be empowered to create a platform to groom entrepreneurship in the organization.

The HR fraternity should be empowered to create a platform to groom entrepreneurship in the organization – Sujitha Karnad

Post this Dr Singh invited Fr Oswald Marcarenhas to share his views from an academician’s perspective. Fr Oswald said that to be ready for the future, organisations should be “Creative, Innovative, Imaginative and Intuitive”.

Referring to current organizations as version 2.0 and the future ones as ‘Organization 3.0’, Mr. Datta said it is critical for organizations to be agile and flexible. He also mentioned that in future organisations “problems will be so complex that organizations and consultants have to constantly collaborate.” Envisioning the future, he talked of the advent of ‘super specialization’ – a situation in which individuals focus on gaining expertise in micro areas within a function.

Following this, the panel discussion was opened to the students of PGDM (GM) and the students interacted with the industry stalwarts. After this Dr. Singh concluded the panel discussion by saying that while the environment keeps changing at a very fast pace and in an unexpected manner, many organisations, because of their large size and the glory they have enjoyed in the past, want to remain the same and be rooted in the current position. Caught in the inertia of moving from the past into the future, they fail to see the risks inherent in this approach.

Jamshedpur, 16^th April, 2014: XLRI in association with Centre of Global Management and Responsible Leadership (CGMRL) is all set to host X-TEND 2014 on 17th April 2014 –  the maiden leadership conclave of XLRI and the flagship event of the XLRI Leadership Series. The event is being organised by the one year MBA (PGDM-GM) class at XLRI.

The theme for this year’s conference is Designing Future-ready Organizations. The conclave aims to bring together five panelists – Sr. Executives in top firms in India, 2 Academicians and 100 plus students from various B-School on the same platform to discuss and share their experiences.

The panel discussion provides a forum where the existing leaders of various organisations would share their views with the leaders of the future on the structures required to build and sustain world-class organisations. To achieve this, the discussion will elicit the views of people from diverse backgrounds and bring out their expectations of the various functions within a company in shaping the organizations today.

The panellists include experienced professionals and academicians such as Mr. Arup Datta, Technical Director, KPMG, Mr Ritesh Ghosal, Head-Brand Marketing ,Tata Teleservices, Ms Sujitha Karnad, Group HR, Mahindra & Mahindra, Fr Oswald Marcarenhas, JRD Tata Chair in Business Ethics at XLRI to name a few along with Moderator Dr Jitendra Singh, International Relations – Chairperson, XLRI.

Speaker profiles

Ambarish Dasgupta – Partner and Head of Management Consulting KPMG

Ambarish is a Partner and Head of Management Consulting in KPMG. He is a member of Advisory Leadership Team and Global Management Consulting Leadership team. He has 25 years of experience in Consulting/ Advisory and in managing projects covering Strategy, Process, Technology, Finance and Organizational change.

Mr Arup Dutta – Technical Director, KPMG 

Arup is a Technical Director in the Management Consulting practice  of KPMG, India. He has overall 18 years of working experience. He has more than 12 years working experience in ERP Advisory and 15 years of experience in consulting industry.

Mr Ritesh Ghosal – Head-Brand Marketing, Tata Teleservices

Ritesh has 18 years of experience across brand management, business leadership, advertising and consumer insight. He is Head of Brand Marketing at Tata teleservices where he oversees brand and marketing programs for Tata DoCoMo, Virgin and Photon. His achievements include: creation of brand Tata DoCoMo and its  launch proposition – pay-per-second.

Ms Sujitha Karnad – Group HR, Mahindra & Mahindra

Sujitha is currently with the Corporate Group HR of Mahindra & Mahindra Ltd., its Apex HR body responsible for driving key initiatives across the Group. Until recently she was the Global Head of Human Resources & Software Quality for Tech Mahindra Ltd., then a 50,000 strong organization that provided IT services to major Telecom companies globally. She has close to 3 decades of experience in IT services spanning several domains.

Fr  Oswald Marcarenhas – JRD Tata Chair in Business Ethics at XLRI

Fr. Oswald A. J. Mascarenhas S. J. holds a MBA (Finance and Marketing) and PhD in Business and Applied Economics from Wharton School of Business: University of Pennsylvania in 1976. After 27 years as a faculty member at the college of business University of Detroit Mercy where he was the Charles Kellstadt Chair of Marketing he returned to his alma mater, St. Aloysius College,India as Chairman MBA programs.

Dr. Jitendra Singh – International Relations – Chairperson, XLRI

Dr. Singh did his Ph.D. from Wharton School, University of Pennsylvania; USA, and MBA from XLRI Jamshedpur and did his graduation in B.A. (Economics Honours) from St. Xavier’s College, Calcutta University. He is currently Chairman of International Relations. He had served for 4 years as Dean at XLRI in 1980-84. From October 1984 to May 2007 he was associated with Tata Steel where he spearheaded the company’s HR initiatives for 24 years.

The event would be aired live on Google Hang-out. Check www.xlri-xtend.in for details.

XLRI’s Leadership Series is a platform for the students at XLRI to interact with business and social leaders. The series features talks and discussions with industry veterans and social leaders and helps the students acquire diverse perspectives and insights into the industry.

The Center for Global Management and Responsible Leadership (CGMRL) was jointly set up by The School of Business Administration at Loyola University Chicago (SBA) along with Xavier Labor Relations Institute (XLRI), Jamshedpur, India in 2009. The center encourages interdisciplinary scholarly research and management training.