In 2023, XLRI - Xavier School of Management reported a median package of ₹30L and an average of ₹32.7L (CTC basis), with the highest offer at ₹78.2L across 117 recruiters — from XLRI Placement Report (Batch 2021-2023), audited by B2K Analytics Private Limited. Nothing estimated · IPRS Rev 2.2; Ref B2K/XLRI/MUM/RB/003/2023-24 dated 2024-01-22, signed Ritaban Basu; prose 484 dom+3 intl offers vs 463 accepted; intl offers narrative 3 vs table 1; 30 new recruiters; PPO 43.8% (201 accepted); highest dom 78.2L (ITES), highest intl 1.1 Cr (HR); combined BM+HRM.
TGCC is the audited fixed floor; MEP adds the maximum variable/bonus and is the number most schools quote as "CTC". We show both so nothing is oversold.
Every salary head the report discloses, in ₹ lakh — nothing estimated, undisclosed cells show “—”.
| Component | Min | Median | Mean | Max |
|---|---|---|---|---|
Fixed cash Annual fixed pay — the salary you can count on | ₹15.07L | ₹21.5L | ₹22.29L | ₹105L |
One-time cash Joining / one-time bonuses | ₹0.3L | ₹3L | ₹3.93L | ₹10.68L |
Total guaranteed cash Fixed cash + one-time — the audited floor | ₹15.07L | ₹24L | ₹25.41L | ₹107.68L |
Max earning potential Ceiling incl. variable, ESOPs, all components | ₹16.5L | ₹27.24L | ₹29.12L | ₹107.68L |
CTC | — | ₹30L | ₹32.7L | ₹110L |
Offers by sector, with median pay on the guaranteed and max-earning bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|---|---|---|
| Consulting | 138 | ₹28.32L | ₹33.5L |
| Banking, Financial Services and Insurance | 79 | ₹22.48L | ₹26.21L |
| Conglomerate | 46 | ₹22.5L | ₹26.5L |
| Consumer Goods (FMCG) | 38 | ₹24.06L | ₹30.27L |
| Others | 37 | ₹21.82L | ₹24.5L |
| E-Commerce | 34 | ₹28.5L | ₹28.5L |
| IT Solutions | 24 | ₹25.65L | ₹27.5L |
| Automobile | 19 | ₹23.25L | ₹27.24L |
| Manufacturing | 12 | ₹19.9L | ₹26.57L |
| Food & Beverage | 11 | ₹23.37L | ₹26L |
| IT Consulting | 10 | ₹20L | ₹22.15L |
| Pharma/Healthcare | 10 | ₹21.26L | ₹23L |
| IT Software | 5 | ₹24L | ₹26.64L |
Offers by job function, with median pay on both bases.
| Function | Offers | Median (guaranteed) | Median (max-earning) |
|---|---|---|---|
| Consulting | 138 | ₹28.32L | ₹33.5L |
| Human Resources | 97 | ₹23.25L | ₹26.57L |
| Sales & Marketing | 83 | ₹23.53L | ₹27.24L |
| General Management | 48 | ₹22.5L | ₹26.5L |
| Product Management | 40 | ₹24.1L | ₹26.63L |
| Operations & Supply Chain | 17 | ₹22.91L | ₹26.21L |
| Finance | 14 | ₹24.5L | ₹26.5L |
| Others | 12 | ₹25.51L | ₹26.05L |
| Information Technology | 8 | ₹21.5L | ₹23.9L |
| Strategy | 6 | ₹22.75L | ₹23.75L |
Composition as disclosed in the report.
Figures from XLRI - Xavier School of Management's official 2023 placement report. Undisclosed values show "—".