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What are the prospects of pursuing an MBA in Marketing from IIMs, JBIMS, XLRI, MICA, or SIBM, with poor academics, and how can one compensate for the same?
Your poor academic record can be a major hindrance, especially in summer placements because the companies know you haven’t done anything major yet in the B School. So I will suggest you some tips that might help you compensate for your low 12th class marks and get you a good internship offer
- Enroll in an online course as this might be a major topic of discussion in the interview. It should preferably be an advanced version of your current course or a unique course.
- Get involved in volunteer work at NGOs. This will not only prove to be beneficial during your interview but also will help you become a part of social service committees on campus.
- Master a new language preferably French, Mandarin or Spanish as this may increase your chances of getting International placement or foreign exchange.
- Look for internships that offer practical knowledge for a short period of time.
As far as the Final Placements are concerned, you will have to improve your profile to attract the best recruiters. Some tips to improve your general profile are
- Rather than focusing on your past academics, focus on the new phase of your life and give your best
- Go for courses that offer live projects as recruiters highly prefer such exposure. Sometimes even the on-campus committees offer such live projects. Many times the winners of such projects get amazing PPOs or cash prizes.
- Joining a good on-campus committee is beneficial not only in maintaining a good campus life but also improving your overall profile. You get amazing exposure by interacting with industry professionals in the corporate world during events and conferences.
- If you are skilled at writing, do the same for business magazines or websites.
All this will help you make the most out of your MBA experience and also improve your profile enough to attract the best placement offers. The only key is to work hard relentlessly.
What are the best HR certifications for someone who holds a 2-year MBA degree from XLRI and has 4-5 years of experience in HR?
Since you already have 4-5 years of experience after pursuing your MBA, you will not require any HR certification. You can pursue the following courses and certifications for your own satisfaction. Focus on one project and program which will be beneficial for you in the future.
- You can try for certifications from SHRM, CIPD, DTD, ISTD, and ASTD (American Society of Training and Development).
- There is a Mercer Consultancy, a Japanese firm that runs various certification programs for HR professionals like HRIS and Compensation. You can have a look at them.
- GE also organizes project programs for its employees. It is also available for outsiders so you can have a look into them.
- You can also try OD consulting programs conducted by some firms.
- Try certification programs from XLRI and TVLRS learning systems.
- There are some short-term programs conducted by CCL (Centre for creative leadership), Aberdeen institute, etc. You can also check them.
You may explore the coaching, leadership development, executive development programs, and business counseling conducted by various organizations.
Could anyone please give some estimation of the total fee of XLRI Jamshedpur including the hostel and mess fee in the present year?
My elder brother is an alumnus of XLRI Jamshedpur so he can hopefully answer your question to your satisfaction.
Most of the top-tier B-schools have a similar fee structure. For the 2021 batch, the fees for various courses are listed below:
|
Programs |
Fee Structure |
|
PGDM BM and HRM |
11.80 Lakhs per annum |
|
Executive PGDM (General Management) |
20.95 Lakhs |
|
Executive Fellow Program in Management |
9.50 Lakhs |
|
Part- time PGDM (BM) |
4 Lakhs per annum |
The hostel fees for both female and male students at XLRI Jamshedpur are as high as 90,000 INR. The monthly hostel fee is 2,000 INR.
Is XLRI Jamshedpur at par with the top 3 IIMS (A,B,C)?
XLRI is a prestigious B-school in India and is consistently ranked among the top business schools in the country. In 2022, its NIRF ranking was 8th, behind BLACKI and IIT Delhi. You should keep in mind that the criteria for these rankings may be different from what a student actually considers while selecting his preference.
Many consider it to be on par with the three renowned IIMs (A, B, C). XLRI's HR course is highly regarded. It has a batch strength of 177, ensuring a better student-to-faculty ratio, which is seen as an advantage over the IIMs. So while people’s perception may be that IIMs are better, the industry doesn’t consider it to be very far off.
Do investment banks recruit from XLRI Jamshedpur?
They do, indeed. XLRI does not have as many IB recruiters as IIMs A, B, C, or L, but there are still plenty of them.
Internships and permanent positions in Investment Banks are available throughout the year. They are highly sought for by students who have an interest in finance and pay far above average. Only BM students are eligible to apply for the posts.
What is the usual percentile range scored by the last admit in the HRM program of XLRI, Jamshedpur?
For the Human Resource Management program, the overall cut-off for male engineering applicants is 93 percentile, while it is 91 percentile for female engineering students.
Male applicants with non-engineering backgrounds must have a 90 percentile, while female applicants with non-engineering backgrounds must have an 88 percentile. It's possible that even with a high percentile, you might not be chosen if you have a poor interview performance.
While it's helpful to have some sense of scale, I'd advise shooting for the stars and ignoring percentiles for the time being.
Where are XLRI alumni?
XLRI alumni are located all over the world and can be found in a wide range of industries and sectors. Here are some examples of where XLRI alumni are currently working:
- Consulting: Many XLRI alumni work in consulting, either at top firms like McKinsey, Boston Consulting Group, and Bain & Company or at smaller boutique firms.
- Finance: XLRI alumni can be found in all areas of finance, including investment banking, private equity, venture capital, and asset management. Some alumni work at top firms like Goldman Sachs, Morgan Stanley, and Blackstone.
- Technology: Many XLRI alumni work in technology, either at tech giants like Google, Microsoft, and Amazon or at startups in India and around the world.
- Healthcare: XLRI alumni can be found in healthcare, working at hospitals, pharmaceutical companies, and other healthcare organizations.
- Non-profit and social impact: XLRI alumni are also involved in non-profit and social impact work, working at organizations like the United Nations, Teach for India, and the Bill & Melinda Gates Foundation.
In addition to these industries and sectors, XLRI alumni can be found in many other fields, including education, media, government, and more. The XLRI alumni network is a strong and supportive community, and many alumni stay connected to the school and to each other long after graduation.
Is HR at MDI better than TISS/SCMHRD? Also, does XLRI offer the best course in HR?
It is hard to compare one specific major or stream but whatever is in the public domain the general ranking of these three colleges in HR domain quality-wise and RoI-wise is given below in a table.
|
Quality wise |
RoI wise |
|
XLRI |
TISS |
|
TISS |
XLRI |
|
SCMHRD |
SCMHRD |
|
MDI |
MDI |
Below is a table comparing these colleges on absolute numbers like fees, highest package, and average package.
|
Institution |
Fees (approx.) |
Highest Package |
Average Salary |
Median Package |
|
XLRI |
INR 26 lakhs |
INR 1.1 CPA |
INR 32.7 LPA |
INR 30 LPA |
|
TISS |
INR 1.4 lakhs |
INR 49 LPA |
INR 27.22 LPA |
INR 25.75 LPA |
|
MDI |
INR 23.5 lakhs |
INR 60 LPA |
INR 26.1 LPA |
INR 26.13 LPA |
|
SCMHRD |
INR 22.1 lakhs |
INR 67.60 LPA (International) INR 35.02 LPA (Domestic) |
INR 23.71 LPA |
INR 22 LPA |
For HR domain XLRI is the best and RoI wise for HR domain TISS is the best.
Which is better, IIM Shillong, NMIMS or XLRI-HR?
NMIMS is in Mumbai, which makes it a professional hub. whereas XLRI is in Jharkhand and IIM Shillong is in Shillong. It ranks 30 on the NIRF 2020 rankings, XLRI on 9th, and NMIMS on 13th place.
Students need 50% and above marks in a bachelor's degree from a recognized university and the qualification of the CAT/MAT/XAT/GMAT entrance exam to take admission into the program. An interview/Group Discussion may follow as additional admission criteria.
The table below highlights these programs and institutes:
|
Parameters |
NMIMS |
IIM Shillong |
XLRI (HR) |
|
Placement rate |
90% |
73% |
100% |
|
Campus size |
8 acres |
120 acres |
50 acres |
|
Total Seats |
240 |
125 |
180 |
|
Fee |
10.8 LPA |
20 LPA |
23.6 LPA |
|
Average Package |
16 LPA |
18 LPA |
23 LPA |
Infrastructure and Faculty
- IIM Shillong, XLRI, and NMIMS have libraries, computer centers, seminar halls, auditoriums, sports facilities, and hostels.
- NMIMS has a video streaming facility on each floor. IIM Shillong has WMN in its dormitories and a common reading room as well.
- There are about 5-10 faculty members for the HR program at these institutes and they have been recruited after qualifying either the UGC Net exam or possess a Ph.D.
- Apart from this visiting faculty from universities abroad like the Dauphine University, University of Geneva etc; and business magnates come as guest lecturers from time to time.
Placement 2020
IIM Shillong
- The institute saw recruitments by 62 companies among which were Tata Group, Deloitte, And Aditya Birla Group.
- The highest CTC given was INR 28 LPA, and the average given to the top 20% of students was 22 LPA.
- Operations and HR students were given 20 LPA average CTC.
XLRI
- The HR program saw 100% placements this year.
- McKinsey and company, Goldman Sachs, and Aditya Birla group were the main recruiters.
- The highest CTC of 58 LPA was offered by an international company.
- 24 new recruiters including Myntra also joined this year.
NMIMS
- HR batch saw visits from 40+ fortune 500 companies and the top 200 were made an offer of 22.8 LPA.
- The highest domestic CTC given was 38.57 LPA, and the highest international CTC given was 58 LPA.
Students can make a decision based on the aforementioned factors.
What, apart from a high CAT percentile, is needed for an admission into FMS, MDI Gurgaon, and XLRI?
Apart from a high CAT percentile, there are many other ways to get admission into FMA, MDI and XLRI.
- Good academics are very beneficial and always help in any college selection interview.
- A well-made resume never hurts and makes you stand out from the rest of the crowd
- Having a past of doing some volunteer work
- Candidates that have genuine hobbies, internships, certifications, etc, up their sleeves also have improved chances of selection.
- The most important requirement for selection is acing the personal interview. During the interview, you should confidently showcase your personality which is a perfect blend of hobbies and academics with clarity of goals.
- Work experience is also important. Preferably 2 to 3 years.
- Your confidence level also plays a major part in the selection.
All in all an all-rounded profile with the right mix of extracurriculars, hobbies, and academics will improve your chances of admission.
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