Xuberance 2006-Breaking the shackles!!
Exuberance (adjective) 1. lively and cheerful. 2. growing profusely.
…and the battle ended, with results that lived up to the spirit and the very meaning its name conveys. Each and every valiant warrior fought with acumen, tact and zeal, and the cumulative result surpassed every standard that had ever been set by their clan. The process, apart from being lively and cheerful, saw a steady growth in results, over past years.
Not only did the 2004-2006 batch of Xavier Institute of Management, Bhubaneswar, achieve 100% placements by Day 1 of the Placement Week, they also broke the shackles of being average “5 point someones”, and established themselves as the mighty “7 point XIMBians!”
The batch of 121 students bagged over 206 offers, an average of 1.7 offers per student, and drove the average salary up to INR 7.12 lakhs per annum, as against INR 5.24 Lakhs per annum the last year. Of all offers made, 20 were Pre Placement Offers. With 52 companies bagging all the students, numerous companies scheduled to come from Day 1 onwards had to be cancelled, and yet others were forced to return empty handed.
The highest domestic salary of 9 lakhs per annum was offered by ATOS Origin, followed by JP Morgan, with an offer of 8.6 lakhs per annum. On the international front, OLAM International made the highest offer of $85000 per annum.
Numerous companies like Infosys (26 offers), TCS (14 offers), IBM (11 offers), Wipro (10 offers), JP Morgan (6 offers), GenPact (10 offers), Mindtree Consulting (7 offers) and Ernst and Young (6 offers), made multiple offers.
Among lateral recruiters ATOS Origin, JP Morgan, Accenture, Infosys, Cargill India, and Wipro Technologies, ITC Infotech, Progeon, Mindtree Consulting made handsome offers.
A summary of Xuberance ’06 is given below:
No. of Candidates 121
No. of offers made 206
Average number of offers per student 1.7
Highest Domestic salary Rs. 9 Lakhs Per Annum
Highest International Offer $85,000/- Per Annum
Average Salary Rs. 7.12 Lakhs Per Annum
Prof. Saveeta Mohanty, the Faculty Placement Coordinator for XIMB, could barely conceal her joy. “It gives us a great deal of pleasure to see our efforts bearing fruit in such a lavish and extravagant manner.” she quoted.
The IT sector, which amassed 34% of the batch, was once again the largest recruiter, followed by the consultancy firms which appropriated 22%. The Manufacturing Sector came in next with 16% closely followed by banking & Finance sector and FMCG Sector with 10% each.
“We are impressed by the quality of students and they all showed a professional attitude during the interviews.” These were the words of Sr. Manager, Patni Computers.
A sector wise distribution of our key recruiters is given below:
Sector Firms Recruiting
IT & ITES IBM, ATOS Origin, Hewlett Packard, Wipro, Infosys, TCS, iGate, GenPact, ITC Infotech, WeP Peripherals, Progeon.
Banking and Financial Services CitiGroup, HSBC AMC, SBI, UTI, ICICI Bank, HDFC Bank, ICICI Prudential, NCDEX
Consultancies JP Morgan, Ernst & Young, McKinsey, Accenture, PwC, Mindtree Consulting.
FMCG and Consumer Durables OLAM International, Marico, United Breweries, Godrej, Cargill, Wipro Consumer Care, Cavinkare.
Manufacturing Maruti Udyog, Tata Motors, Ashok Leyland, AV Birla Group, Tata Steel, Godrej and Boyce, Pilkington, L&T, BPCL.
Leading the glorious team, Vinit Puri, Student Placement Coordinator, 2005-06, chose to highlight the fact that nothing took place automatically. He emphasized on the hours of effort that went into organizing and coordinating the placement process. “It is difficult to pinpoint any one individual or group of individuals as responsible for this astounding success of ours. Every single person on campus pitched in, and the end result has been truly worth it.”
To complement his views, Mr. Richard Lobo, Corporate Manager, H.R., Infosys adds, “The placement coordination this time has been great….a lot of attention to detail and sincere efforts from everyone.”
The sincere efforts of faculty at XIMB, to bring about an all round development in students, and shape them into compassionate, hard working individuals, helped students stand apart, and come out on top.
Father E. Abraham S.J., Director, XIMB, applauded the efforts of everyone involved in Xuberance 2006 and said that he was elated to see the sparkling results. His exact words were, “Time and again, the students and faculty of XIM have shown that below all the frills, what ultimately make the difference are tenacity, perseverance, and above all, humility.”
and was part of the record-breaking experience that was Xuberance, 2006. The amazing performance of the lateral candidates in Xuberance 2006 was matched at every stage by the freshers, who were no less breathtaking in their show.
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