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Which is better IIM L, IIM K OR XLRI- BM?
Considering the excellent infrastructure and faculty members these institutes offer, it gets really difficult to choose any one of these for higher studies. However, some of the factors would be helpful for you to make the decision.
Ranking:
XLRI has reportedly ranked 1st among the top private management universities by Outlook India 2020’s evaluation reports. IIM L was ranked 4th by NIRF in 2020 and IIMK was ranked 6th for its MBA program by NIRF in 2020.
Admission:
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Aspiring students have to clear exams including GMAT, XAT, and CAT in order to get admission at XLRI for its MBA program. There are around 600 seats available for various streams. The estimated course fee remains to be around 5-10 Lakhs.
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Those who want to enroll in the MBA program at IIM K, have to clear the CAT exam.
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To take admission to IIM L, students have to clear CAT, GMAT, and GATE. For PGDM courses, students have to clear GMAT, XAT, CAT, and GATE.
Placement:
XLRI:
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XLRI offers 100% placements to the students.
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Some of the top recruiters 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.
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The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
IIML:
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It offers 100% placement to its students.
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The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.
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The highest and the medium salary range remain to be around 54 LPA and 23 LPA.
IIMK:
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Students get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.
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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.
All the institutes offer boys and girls hostel accommodation inside the college campuses. The rooms are spacious and well-equipped with necessities such as an iron bed, almirah, study table, attached bathroom, and more. Apart from these, all the campuses offer modern facilities and advanced digital features with good faculty members.
Is an executive MBA from XLRI worth?
XLRI is a well-known university for the numerous management programs offered by them, though the PGDM in BM is their flagship program but the executive course is also recognized globally. It has been ranked 9th for Management by NIRF in 2019.
Below mentioned are some of the highlights of the PGDM courses offered by XLRI:
|
Particulars |
ExPGDM – Business Management (BM) & Human Resource Management (HRM) |
|
Fees |
INR 4.1 lacs |
|
Entrance Criteria |
UG Degree & XAT/GMAT |
|
Duration |
1 Year 4 months |
|
Total Seats |
20-30 |
|
Median Salary |
INR 18,00,000 |
Admission Criteria:
Executive MBA in Business Management (BM) & Human Resource Management (HRM)
- For admission in BM and HRM programs, candidates must have passed 3 years of Bachelor’s Degree exams and should have a work experience of 3 years.
Campus Placement:
- Average placement rate records to be 100%
- Top recruiters include industry giants such as Deloitte, Deloitte, OYO Rooms, KPMG, Fidelity, JP Morgan Chase, ITC, and Microsoft, etc.
- The highest package offered was INR 58.5 LPA (International), 30 LPA (Domestic) and the average package was INR 24.30 LPA.
- XLRI also gives internship opportunities to its students, under the Summer Internship Process program. Various companies such as Samsung, Microsoft, HSBC, P&G, Nestle, Uber, etc. visit the campus to recruit candidates for internships.
Future Scope:
- Alumni from this institute are not only placed at numerous companies listed under Fortune 500 but even top government organisations such as GAIL, DRDO, RBI.
- Graduates are more than fit for administrative roles from the offset such as General Manager, Brand Manager, Project Manager, HR Recruiters.
- The professional and personal development of an individual after pursuing this course paves a path for either beginning a new career or significant hike in payscale.
For the executive courses from XLRI, individual’s interest, feasibility and time management should be the final deciding factor. It is on the individual to carefully scrutinise the course in a particular college and then decide.
How different is PMIR from the BM course as offered by XLRI?
Xavier Labour Relations Institute or XLRI is located at Jamshedpur, Jharkhand. For the year 2020, XLRI was ranked 9th by NIRF in the Management category.
The HRM (Human resources management) program was formerly known as the PMIR program. BM (Business Management) program is different from HRM with respect to the contents of the course curriculum. At XLRI, a total of 360 seats are available for HRM/BM.
Admission
- A valid score in XAT is required for admission in the programs along with graduation in a relevant field.
- For the year 2020, the XAT cutoff for PGDM HRM and PGDM BM was 94 and 96 respectively.
- The fee structure for both PGDM HRM(formerly PMIR) and PGDM BM is INR 11.8 lakhs for a 2 year- course.
Additional Information
- At XLRI, students are offered scholarships of Rs. 1.75 LPA.
- There is a 5% relaxation in total aggregate marks for SC, ST, and OBC candidates.
- An overall relaxation of 10% is given to SC, ST, OBC, and women candidates.
Academics
- HRM (formerly PMIR) course aims to impart skills related to the management of HR to students like Human Resource Planning etc in a manner that is contributing to the overall development of organizations and individuals.
- BM course aims to inculcate a conceptual understanding of current management theory with respect to Indian and international business.
Placement:
- XLRI has an Alumni base of more than 16,000. It has tie-ups for exchange programs with over 15 international institutions.
- In the year 2020, the IT/ITES sector recruited 30% of the total students, becoming the largest recruiter for the college.
The table given below shows the placement statistics of the institute:
|
Aspect |
XLRI |
|
No. of students placed |
90 |
|
Major recruiters |
KPMG, PricewaterhouseCoopers, Accenture, Microsoft, Amazon, P&G. |
|
Highest Domestic CTC |
INR 26 LPA |
|
Average Domestic CTC |
INR 15.42 LPA |
|
Highest International CTC |
INR 58.22 LPA |
Campus Life -
- XLRI has an Interdisciplinary Behavioral Lab, designed specifically for the study of human subjects.
- There are many extracurricular societies and Interest groups like Dracula, SIGMA - Oikos, AXIOM, Bodhi tree, CEASE, etc.
As can be observed from the facts listed above, the primary difference between HRM and BM courses lies in the contents of the academic curriculum followed. Courses should be selected according to the skill needs of the student.
Which is better for Finance - IIM Indore or XLRI (BM)?
Without a doubt, XLRI Jamshedpur BM takes the overall lead in this comparison. Certainly, the opportunity cost is losing the IIM brand, but when one is an XLRI alumnus, they also stand tall. There are factors that place XL above IIM Indore, which one will realise once they pass out of it. It has a more than 70-year history and a large alumni base.
Furthermore, it has an excellent faculty and all students here are of merit without any reservations, which will provide you with a highly competitive environment and excellent peer learning.
How is an MBA from XLRI after CSE from VIT in terms of placement?
XLRI has been accredited by AMBA, AACSB, NBA and has been approved by AICTE. It has been ranked 9th by NIRF in the category Top B-Schools in India. The institute has tied up with various international universities for exchange programs.
Course Details
The college offers 6 types of MBA courses with fees ranging between 12 LPA AND 26.44 LPA. The college ranked 1st, 2nd and 3rd by The Week, Economic Times and Business Today respectively for MBA.
Admission
- Students need to appear for XAT for admission in any of the specializations in MBA.
- Shortlisted candidates will be called for an interview on the basis of performance in XAT.
- The institute will also consider academic performance and work experience.
Placements
- The course has a perfect placement rate of approximately 100%.
- Companies such as BCG, KPMG, McKinsey, PwC, and P&G are some of the top recruiters which visit the campus for the placement season.
- The average salary offered is an impressive 20 LPA.
- The highest package offered at the college is 50 LPA.
After completing CSE from VIT pursuing MBA from XLRI is a great choice. It gives you an insight into the business world while providing great knowledge, being a top-ranked MBA institute. Placements at XLRI are a good upgrade from those at VIT, with a 100% rate and whopping salary packages.
Is FMS better than XLRI?
I would strongly assert that FMS is way ahead of XLRI. I have mentioned a few strong points that support my opinion. Before I begin, let me enlighten you on the fact that this answer is based on thorough research and reviews of graduates of respective B Schools.
Fees
- The major USP of FMS is its average fees with the best placements. FMS has an overall fee of around INR 2 lakhs for MBA and gives tough competition to the fees of XLRI which stands at INR 23.60 lakhs.
- Anyone with common sense would prefer 2 lakhs over 23 Lakhs especially when the ROI is equally good or even better. You can live a stress-free life after your MBA with no burden or repaying a heavy loan.
Industry Acceptance
- Let me clear the very common misconception that IIMs tags are preferred over anything by most companies. Well, FMS graduates have an equal demand and are in no way lower than an IIM graduates.
- XLRI is the best choice when it comes to MBA-HRM. Most companies that offer HR roles prefer XLRI graduates even over IIMs.
Placements
- FMS has made its high ROI known all over the world. It constantly hosts 100% placements. It has distinguished its identity as one of the highest ROI-producing B-schools globally. FMS Delhi's highest package stood at INR 1.23 CPA whereas the average package stood at INR 34.1 LPA and the median package stood at INR 31 LPA. 97% of offers were made above INR 20 LPA. A total of 27% of students were placed in the Consulting Sector and there was a 19% Increase in the number of students placed in the BFSI Sector compared to the last year.
- XLRI placement scenario is outstanding. In its recent placement drive, XLRI recorded 100% Placement with the highest offer at INR 1.1 Crore. It offers a high ROI where the average placement package stands above INR. 24 LPA, while the general cost for its PGDM program is around INR. 11 LPA.
While both excel in placements, it’s the extremely low fees at FMS that make the ROI amazing.
Overall I would say that FMS is a clear winner when compared to XLRI
Which is better, the Xavier School of Management (XLRI), or the Indian Institute of Management Calcutta (IIMC)?
For HR career aspirants, XLRI is unquestionably the best in Asia; for non-HR candidates, IIMC is by far the better option.
The Benefits of IIMC Over XLRI:
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In comparison to XL, the IIM tag is more well-known outside of India.
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A larger batch means a greater number of successful alumni worldwide.
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It increases the number of marquee recruiters in finance, consulting, marketing, systems, and operations. The alum network is extremely strong in finance and consulting, including leading HR consulting firms.
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After living in Jamshedpur for two years, one can appreciate it even more because it is located in one of the metros.
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XLRI loses companies despite being a good BSchool because many marquee recruiters do not want to visit Jamshedpur, which is not well-connected.
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In comparison to some B-schools, XLRI has a lower percentage of IIT/BITS students in its batch.
The Benefits of XLRI Over IIMC
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A smaller batch size promotes better bonding among batchmates.
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Gender diversity is astounding.
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Because the majority of HR heads in respected companies attended XLRI, their placement can reach almost any company.
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Because of the small batch size, even the worst performers (purely from a placement standpoint, not academically) get decent jobs, which is not possible at any of the top IIMs with larger batch sizes.
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One of the world's largest private equity funds recruits one summer intern exclusively from XLRI every year in India, which could be a very important criterion if one has that kind of profile.
IIM Calcutta and XLRI share more cultural similarities than IIM C and IIM A or B.
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.
Do people from XLRI HR get placed in other fields as well?
Yes, XLRI HR students do get placed in other fields as well. Although such placements are fewer in number.
Here is a sector-wise analysis of XLRI Placements 2021.
| Sector | Number of Offers |
| Consulting | 90 |
| BFSI | 15-20 |
| IT/E-Commerce | 74 |
| HR/Sales and Marketing | 62-65 |
| General Management | 32 |
Placements usually depend on your CV, your work experience, academics, participation in events, and other credentials.
Which should I choose: XLRI BM or IIM Kozhikode?
XLRI BM is the better option. It is an old B-School and ranks right after IIM A, B, and C. It has a large and varied alumni network. You will find XLRI alumni in almost every reputed companies.
XLRI BM has a smaller batch size. So, it’s easier for students to get decent job opportunities. XLRI placements are great. During the 2022 placement drive, the average CTC received by the students was INR 30 LPA.
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