The IIM Ahmedabad PGP-FABM is a sector-specific program launched with the aim to produce leaders in the field of rural, food, agricultural, and allied sectors.
The PGDM HRM course in XLRI Jamshedpur is one of the oldest and prestigious programs of the institute. Students from this course are offered roles such as Human Resource Development, Industrial Relations, Personnel Management, and other related areas.
Admission:
Admission to the PGP-FABM program at IIM Ahmedabad is done through Analytical Written Test(AWT), Personal Interview, and score obtained in the CAT entrance test.
Admission to the HRM program at XLRI is done through scores obtained XAT/GMAT entrance test and students need work experience of a minimum of 3 years.
Alumni:
Notable alumni of IIM Ahmedabad include Raghuram Rajan who is Chief Economist of IMF and renowned alumni of XLRI include Vineet Nayar who is former CEO of HCL Technologies.
Course details:
The pedagogy of two years PGP-FABM program at IIM Ahmedabad is based on the Case Method, Group Work, Case Presentations, and Live Industry Projects.
Second-year students enrolled in the PGP-FABM program at IIM Ahmedabad are allowed to undertake a term in the ESSEC, Paris, UBC, Canada, and SJTU, China.
The major focus of the HRM program at XLRI is directed in Human Resource Information Systems, Training and Development, Compensation Administration, and Performance Management.
The HRM program at XLRI also includes a summer project, participation in team-building, and a village exposure program.
Facilities:
The library at IIM Ahmedabad stacks over 1,94,704 Books and 19816 Online Journals. The library is also equipped with EBSCO Discovery and RemoteXS facilities.
The library at XLRI Jamshedpur has over 66,687 books and 16806 journals.
Placement:
The highest package offered at IIM Ahmedabad was 70 Lakh and top recruiters were ITC, Nestle, Mondelez, General Mills, P&G, General Mills, Asian Paints, and Reckitt Benckiser.
The highest salary offered at XLRI was 50 LPA during the placement drive of 2020. While the major recruiters were TAS, Aditya Birla Group, Colgate, Samsung, Asian Paints, Bajaj Finserv, Reliance Industries, ACT, etc.
Criteria |
IIM Ahmedabad |
XLRI Jamshedpur |
Students Placed |
100% |
100% |
Average Salary |
25.83 LPA |
22.35 LPA |
For a student from an agricultural engineering background, the PGP-FABM programs would be better, as the program is designed in a way to meet the industrial needs. However, it is recommended that students go with their choice of interest.
Faculty of Management Studies (FMS) is considered one of the best management colleges in India. The MBA program offered by FMS has been ranked 9th by Business Today 2018 and 6th by the week 2017.
XLRI offers a 15 month and 2 years program in MBA as well as a doctoral-level fellowship program. It has been ranked as the country’s best private business school by NIRF rankings.
Courses Offered:
FMS:
Faculty of Management Studies provides courses in a full-time MBA program, executive MBA program, and Management Development Program (MDP).
It also provides doctoral-level programs for those interested in pursuing research.
XLRI:
It provides a 15-month duration and full time two years duration courses in Post Graduate Diploma in Management (PGDM).
It also offers a doctoral-level fellowship program for those opting for Ph.D.
The college offers many short-term management programs as well which lasts for 9 months to 1 year.
Admissions:
FMS:
Admissions are based on CAT scores. If selected, candidates are further called for group discussion and personal interview.
FMS provides only merit-based quota to SC and ST based on the guidelines of Delhi University. Thus general category students might have to score a much higher CAT score in order to get in.
XLRI:
Xavier’s School of Management (XLRI) conducts its very own XAT test for admissions procedures. XAT consists of a written test, group discussion, and personal interview process. Students are selected based on merit.
XLRI does not follow the reservation policy for seats. All admission based decisions are dependent on the merit of students as performed in XAT. Students are allowed to give XAT multiple times however, no further reservation is followed.
Placements:
FMS:
It calls around 200 companies every year to participate in their placement drive.
In 2019, 210 placement offers were made with 50 pre-placement offers.
The highest domestic salary was around 48 LPA with over 70% of their students receiving more than 20 LPA.
Their top recruiters include Airtel, Asian Paints, Axis Bank, Flipkart, Deloitte, HUL, Hero Motor co. etc.
XLRI:
It is famous for providing placements to 100% of its students and maintains a high placement record.
It has collaborations with a number of reputed companies and over 109 companies participated in their placement drive last year.
The average package was around 22 LPA with the highest going up to 50 LPA in 2019.
Thus, for general category students, it would be much easier to get into XLRI than FMS. However, it also depends on their scores in the respective entrance exams.
Although all the institutes offer good placement to its students, a comparative analytical report based on points would be helpful for you to decide which institute to choose for your higher studies.
XLRI:
Some of the top recruiters who offer internship and job opportunities to the XLRI students are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.
The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
IIML:
It offers 100% placement to its students.
The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.
The highest and the medium salary range remain to be around 54 LPA and 23 LPA.
IIMK:
Students at IIMK get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.
Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.
SIBM Pune:
It was ranked 6th by Outlook India in 2020.
The top recruiters who offer placement to the students are Axis Bank, Flipkart, Diageo, KPMG, Capgemini, HDFC Bank, Mahindra CIE, ITC, and more.
The highest and the medium packages are 34 LPA and 18 LPA.
NMIMS:
NMIMS has ranked 2nd among the top BBA colleges of India by India Today in 2020.
Top recruiters of NMIMS students are IBM, Johnson, and Johnson, Deloitte, ICICI, HDFC Bank, Cadila, Mankind, Accenture, Amdocs, Bajaj Finserv, Aditya Birla Group, Alkem, Cipla, and more.
The highest and medium salary packages remain to be around 30 LPA and 17 LPA.
JBIMS:
Students receive job opportunities from various companies such as Mahindra Group, TATA Group, The Boston Consulting Group, Reliance Industries, Godrej consumer products, and more.
The highest and medium packages that are offered are 32 LPA and 26 LPA.
These are the major placement related details that you should be taking into account while deciding whether you want to join any of these institutes or not.
XLRI HR program is widely reputed inside as well as outside the country. Most of the chief HR positions in the industry are occupied by XLRI HR alumni. For HR, it offers the best placements.
XLRI HR average package stays around INR 23-25 LPA. According to the 2022 placement drive, the median CTC offered to the students was INR 30 LPA. EY, Rivigo, Samsung, Airtel are some of the major recruiters that frequent the campus drive.
XLRI ranks 9th on the NIRF scale. It has been ranked at #1 in the Business and the Outlook. It is followed by MDI on #10 same as SP Jain.
Where XLRI and MDI have a 100% placement rate in general; SP Jain has a 76%-80% placement rate.
The table below highlights some features of the institutes-
Parameters |
XLRI |
MDI |
SP Jain |
Placement Rate |
100% |
100% |
76%-89% |
Number of Visiting Companies |
108 |
106 |
11.5 |
Highest Package Offered |
INR 58.5 LPA |
INR 40 LPA |
INR 46 LPA |
Total Students Participated |
359 |
236 |
239 |
Fee |
INR 11.8 LPA |
INR 9.2 LPA |
INR 9.1 LPA |
Average Package |
INR 23 LPA |
INR 20 LPA |
INR 22 LPA |
Faculty plays an important role in the establishment of career competency. All these institutions have well experienced faculty members from Indian and international universities. Where MDI has policy makers, academicians and managers as its teaching staff. SP Jain has in its permanent faculty, professors from Oxford University and the University of Geneva.
Infrastructure and Career Facilities
Placement Data
All the aforementioned institutes are infrastructurally advanced and have partnerships with industries. Hence students can select based on Res utilisation.
Among these three options, XLRI (HRM) is best. It is the best Human Resources program in the country. The academics and placement opportunities offered are top-notch. XLRI placements 2022 concluded with an average CTC of INR 30.7 LPA. The highest CTC offered this year was INR 60+ LPA.
XLRI offers an enviable learning experience. Your classmates, seniors, and juniors are some of the most talented people you will meet. Being one of the oldest B-School in the country, the XLRI brand name is widely reputed in the industry.
It’s difficult to determine which institute is better as the courses are not mentioned for the given college. However, given below are information about the colleges in all terms, which may help you make the decision.
XLRI, Jamshedpur:
The college was ranked 1st by the outlook in private colleges for the year 2020. It is a top-notch private college that offers 32 courses across five streams.
Courses offered:
The main course (called the flagship course) that is offered by the college is a two-year PG program in business management and HRM.
Admissions:
To get into this college for PGDM programs, the college accepts XAT and GMAT marks. The end of the selection round consists of group discussion and personal interview.
Faculty:
The professors who are present in the college are well versed in their area of specialization and have Ph.D. degrees.
Placements:
100% placement was recorded in the year 2020 for the PGDM course.
The highest salary went up to Rs 50 LPA and the lowest salary was Rs 21 LPA.
Jamnalal Bajaj Institute of Management Studies (JBIMS):
The college is ranked as 24th for MBA by outlook in the year 2020. The college was one of the earliest business schools in India.
Courses offered:
Under the MMS program, there are various courses that are offered which include; finance, marketing, operations, HR, and systems.
Admissions:
To get admissions one should have a UG degree from any recognized university.
Candidates who give the paper for CAT and CMAT can also apply for the college.
Faculty:
The faculty of the college is well experienced and well versed in the subjects that they teach.
Placements:
For the academic year 2019, the placement for JBIMS, Mumbai saw significant growth from last year.
The highest salary went up to 32.30 LPA, an 8% increase from the previous year.
The median salary stood up to 20 LPA, an 18% increase from the previous year.
The top companies include J.P. Morgan Chase & Co., McKinsey & Company, Hindustan Unilever, the Boston Consulting Group, and Goldman Sachs.
Therefore, apart from the placements, both these colleges are more or less similar. But if one has to choose a college, they can look at the information given above.
SPJIMR (S.P. Jain Institute of Management and Research) is a business school in Mumbai. It is affiliated under Bhartiya Vidya Bhavan and is a private business school. It has a campus of 45 acres in Andheri’s Western suburb regions. It’s been ranked 16 by NIRF 2019 in the category of best business schools in India.
XLRI formerly known as Xavier Labour Relations Institute or Xavier Institute of Management is a private business school in Jamshedpur, Jharkhand. It is affiliated with AMBA and AACSB. In the management category, it’s been ranked at 4th by NIRF 2020.
Admission:
SPJIMR:
For PGDM Marketing, the applicant should have a bachelor’s degree with at least 50% marks.
The overall cut off of CAT is 85 percentile.
If the applicant has given an entrance exam of GMAT, the cut off marks will be 85 percentile.
XLRI:
The qualifying scores for admission in XLRI is XAT. The required cutoff in 2019 was 96.
Along with XAT, applicants are required to give a written ability test (WAT), Group Discussion (GD), and personal interview (PI).
Given below are a few of the key information for the PGDM Marketing program at SPJIMR and MBA BM at XLRI.
Category |
S.P. Jain Institute of Management and Research |
Xavier School of Management |
Fee Structure |
17.5 lakh (MBA) |
23.6 lakh (BM) |
Faculty |
44 |
81 |
Placement Percentage |
100% |
100% |
Highest Package |
51 lakh per annum |
58.5 lakh per annum |
Average Package |
26.36 lakh per annum |
21 lakh per annum |
Recruiting Companies:
The top recruiters at SPJIMR are Goldman Sachs, McKinsey & Company, PwC, EY, Bain & Company, Deloitte, Capgemini, Bristlecone, Boston Consulting Group, IIFL, Bajaj Finserv, American Express, HSBC IB, ICICI Bank, JM Financial, Barclays, Duff & Phelps, etc.
Some of the major recruiters at XLRI are Amazon, Flipcart, TCS, Microsoft, Ola, Cipla, JCB, Xiaomi, HCL, PWC, India Mart, OYO Room, Myntra, Mahindra, ACT, Capgemini, JP Morgan Chase, Samsung, Asian Paints, American Express, ICICI Bank, JM Financial, etc.
The choice of the particular college relies totally upon the student’s interest and priority. This is only the factual data of both the colleges.
SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method, SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point.
XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively.
NMIMS inflates the report. The numbers are quite high.
FMS, XLRI, XIMB are among the top B-Schools in the country. NITR doesn’t belong in the same category as these institutions.
FMS placements are great. It offers the best ROI, in the country. The course fee for an MBA at FMS is only INR 1.92 Lakhs, while the average CTC offered by the institute is around INR 32.4 LPA. Most of the top Finance and consulting companies visit FMS for placements.
XLRI is one of the oldest and reputed B-School in the country. However, it is more known for its HRM program rather than MBA BM. XLRI placements 2022 had a median CTC of around INR 30 LPA.
XIMB offers a decent MBA BM program. The placement for this course are pretty good. According to the recent highlights of XIMB placements, students receive a median CTC of around INR 15 LPA.