Friday, March 11, 2005

Finance Steals Show

March being the placement season at XLRI Jamshedpur, the first week of the month saw hectic activity in preparation for the day of reckoning of MBA grads. The various streams of MBA at XLRI viz. Marketing, HR, Finance, Systems and Operations saw their respective students building up hopes of their stream garnering most and best jobs for the institute.

The process ran smoothly and the outcome was not surprising. The final statistics brought smiles to the faces of the finance enthusiasts at XLRI, both in the senior and junior batch. An excerpt from the Press Release of the Placement Committee would show why.

“The biggest recruiters this year were GE and IBM, which picked up 11 students each. Banks / Financial Institutions and IT / ITES sectors were tied at the top with 36 accepted offers each. Banks, Financial Institutions and the Insurance Sector accounted for 31% of the batch, reaffirming the strong Finance base that XLRI has created over the years.”

The proof of the pudding is in the eating—said a wise man. This is the first time in recent years that finance has taken the top spot in placements at the campus and the trend is only likely to gain strength.

The most notable fillip that the finance stream has received in XLRI is the increasing strength of good faculty in this area—faculty that excels not only it’s fundamentals and industry experience but also in stirring first year students to cultivate a deep interest in finance.

And finally, the involvement of students in the activities and issues handled by Finax has been tremendously productive, giving a broad base and high utility to these activities.

On behalf of FINAX
Abhishek Tripathi