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Which institute should I join: MICA, IRMA or XIMB?
While choosing between MICA, IRMA, and XIMB, it's important to keep in mind that these institutions are very different from each other. They have different missions, visions, and outcomes. While XIMB is a general management institute, MICA and IRMA are focused on their respective domains.
If you're someone who is primarily driven by CTC and ROI, then it's important to think twice before opting for these niche programs based on general parameters. You might end up in something that you might not enjoy.
IRMA is the pioneer of rural management, with the aim of bringing about a change in the rural sector of the country through professional management. As a participant in the program, you'll learn all the principles of general management, along with social and liberal arts subjects. One of the unique features of IRMA is their three internship segments, which provide a different perspective on rural realities and society through a different lens.
By choosing IRMA, you can expect to have a rewarding career afterwards. However, keep in mind that the program is geared towards those who have a genuine interest in rural management and development. It's important to do your research and self-reflection to see if this program is the right fit for you.
Which institute should l join: MICA, IRMA, or XIMB?
All the institutes you mentioned are quite different from each other and have no similar goals, visions, or outcomes. XIMB is a General Management institute while MICA and IRMA focus solely on a specific domain.
The most common evaluating criteria of aspirants for a B School are its ROI and Placements. Choosing a specific niche program might limit your opportunities and choosing it mainly because of its general parameters like ROI and Parameters might prove wrong in the long run.
IRMA is well known for its specialization in rural management, and its primary goal is to bring about a change in the rural sector of the country through professional management. As a student, you will acquire knowledge of the principles of general management, and certain social and liberal arts subjects.
The main highlight of the institute is its three internship segments. Through this program, you will get to witness rural realities and society through a different lens, and pave your way to an excellent career.
Is it worth taking admission in XIMB for global mba?
First of all, no college or university can guarantee your placements. There is a placement cell in the college that takes care of placements, but Global MBA students cannot get decent placements by depending on the placement team.
Any college can only provide you with a degree and tag. To get a decent job you have to search on your own. Investing so much in Global MBA is not a good idea. Also, ROI is an important factor, which is why it is suggested that you do not invest in it.
| Categories | XIMB for Global MBA |
| Course Fee | 20.30 lakh |
| Course Duration | 2 years |
| Highest CTC | 26 LPA |
| Average CTC | 15 LPA |
| Recruiting Companies | Nestle, PwC, Crisil, CitiBank, etc. |
It is not worth taking admission to Xavier Institute of Management (XIMB) for a global MBA. It will only waste your money.
How is the XIMB full-time MBF (Management of Business in Finance) course?
MBF (Master's in Business Finance) is a course under the Xavier School of Commerce (XSC). It is important to note that XIMB and XSC are separate schools coming under the umbrella of Xavier University Bhubaneswar (XU). Some key highlights related to this course are
- MBF is a specialized program spread over a 2-year period divided into 4 semesters
- The course curriculum has 84 credits of classroom instruction and other credit components including two sets of elective specializations - "Banking and Insurance", and "Finance"
- Additionally, the program requires project work carrying 10 credits
- It covers immersion courses on current issues, seminars, workshops and interaction with industry experts.
- In the first two semesters, students get inputs on the basic areas such as Financial Accounting, Financial Management, Corporate Laws, Statistics, Economics, Research Methodology, MIS, Quantitative Techniques, and many more. These core courses set the foundation for more advanced courses such as Project Planning, Appraisal and Finance, Behavioral Finance, Financial Modeling, Business Analytics, Corporate Tax Planning, and so on.
- In the fourth-semester students will be required to opt for the electives of their choice. Currently, two sets of elective specializations are ‘Banking and Insurance’, and ‘Finance’, out of which each student will have to select one.
- While the program covers a wide range of courses, 'finance’ remains the main focus area.
- The knowledge base of the students also gets further strengthened by summer projects, immersion courses on current issues, seminars, workshops and interaction with industry experts.
- There are various leadership talks and conclaves organized by InfinX, the functional committee of the MBF program
The course is a good option for the qualitative development of an individual, and details regarding placements and internships can be checked from the official website.
What is the average salary after completing an MBA from XIMB?
The final placement process of the batch 2018-20 was termed as Xuberance’20. MBA (BM) is the flagship program of the institution and the average package was INR 15.42 lakhs per annum for the batch 2018-20.
As published by the institution, some of the important highlights of the placement process are mentioned below.
- 365 candidates participated in the placement process.
- 107 companies participated in the placement process out of which 55 were new recruiters.
- 74 students were extended PPO/PPIs from their summer internship organizations.
- Highest domestic salary offered was INR 26 lakhs per annum.
- Average package offered was INR 15.42 lakhs per annum.
- Median salary offered was INR 15 lakhs per annum.
28% of the students were offered roles by Management and Strategy Consulting companies which was the highest recruiting sector. 21% of the students were offered roles in the Marketing sector. 20% of the students were offered roles in the System sector. 19% of the students bagged roles in Risk Advisory, Investment Banking, Corporate Finance, Wealth Management and Credit Analysis. The remaining students were offered roles in sectors such as General Management, Strategy and Operations.
Which one is better, XIMB or SCMHRD?
One of my seniors used to be a student of SCMHRD and he gave an analytical comparison between the two institutions.
|
Name of the institute |
Fees |
Average Placements |
Size of the batch |
|
SCMHRD |
15,45,000 INR |
Marketing: 14.70 LPA HR: 15.3 LPA |
240 (180 core+ 40 IM + 20 BA) |
|
XIMB |
18,70,000 INR |
13-18 LPA |
Above 400 |
In terms of location, SCMHRD is one step ahead of XIMB because the former is closer to Mumbai, the financial capital of India.
In spite of both institutes having an equally strong alumni network but as HR is the strong point of SCMHRD, it edges out XIMB in this regard as well. Marketing is also very strong in SCMHRD.
So, my senior recommended SCMHRD. Consulting is the forte of XIMB. However, both colleges are unique in their own ways.
What is the strength of XIMB? Are there 100% placements?
Xavier Institute of Management, Bhubaneshwar is one of the most popular business schools in India. XIMB has a total strength of 374 students in Business Management including all the domains that participated in the recruitment process.
Since it is one of the oldest institutes, it offers 100% placement to all the students pursuing MBA. Many MNCs like Accenture, HDFC, Blue star, CBC, and many others participate in the placement drive. This year initially 53 recruiters participated and in the next session 97. These brands provide ample opportunities to all the students and get their placements in prestigious companies.
You can have a glance at the placement and highest packages that are being offered to the students from the academic batch of 2019 - 2021:
- Total number of students got selected: 374
- Highest CTC: 24 LPA INR
- Average CTC: 15.51 LPA INR
- Median CTC: 14.5 LPA INR
From the above packages being offered by the companies, we can infer that the placements have been gradually increased to 8 percent, which is a very positive sign for the growth of the institute in terms of placements.
How are the interviews at XIMB?
The following answer is based on the interview experience of my friend who had applied for MBA-HRM and was fortunate enough to get a call from XIMB. Her WAT topic was ‘Should migration be allowed in services?’
The questions asked were
- Her general introduction
- Name of school principal
- When you joined your organization, what was the first program you attended?
- What is the difference between the two? (Induction and Orientation)
- Explain your domain and the work you do in your organization.
- why do you want to do MBA in HR when you are already doing well in work (He answered with a real-life example
- Who is Arundhati Bhattacharya?
- Name any other female in such a high position. ( Rather than naming a famous personality he mentioned the name of a female entrepreneur who was his role model)
- Mention some extracurricular achievements of yours.
- Where else have you applied for an HR course? (He told them NMIMS)
- If you get selected in NMIMS and XIMB then what will you prefer?
- Why? ( He spoke highly of the course curriculum and institutes Management)
At this point, the interviewers were pretty impressed as almost all the questions were answered correctly and confidently by him. So the conclusion I drew from this experience was that the interviewers are on the lookout for candidates that have excellent thinking capabilities and excellent academics are not that necessary.
Is the management quota available at "XIMB"?
Xavier Institute of Management, also known as XIMB, is a prestigious B-school in India. Here's what you need to know about the availability of management quota seats at XIMB:
- XIMB offers postgraduate and doctoral programs in Business Administration, Executive Business Management, and Business Analytics.
- There are no management quota seats available at XIMB.
- However, 50% of the seats are reserved for candidates who are domiciled in Odisha. This reservation is applicable to all programs offered by XIMB.
- The remaining 50% of seats are open to candidates from all over India, based on their merit in the qualifying examination and performance in the selection process.
- The selection process at XIMB includes a combination of academic records, work experience, entrance exam scores, group discussions, and personal interviews.
- The institute aims to provide equal opportunities to all candidates, irrespective of their
background or affiliations.
Can I get admission at XIMB with poor academics?
A good percentile in the Common Admission Test (CAT) or Xavier Aptitude Test (XAT) can greatly increase your chances of being admitted to the Xavier Institute of Management, Bhubaneswar (XIMB). These standardized tests are used as a measure of a candidate's aptitude and potential for success in a management program, and a high score can compensate for a lower academic record.
However, it is important to note that while a high CAT or XAT score can improve your chances of being admitted to XIMB, it does not guarantee admission. Other factors such as work experience, essays, and personal interviews are also considered in the admissions process. Additionally, it is also important to consider other factors like the program offerings, campus culture, and location when applying for an MBA program.
If you're unable to secure a spot at XIMB, there are other colleges with strong MBA programs that may be a good fit for you. These schools may also place more weight on other factors such as work experience, academics, and essays. It is important to research different colleges and their MBA programs, and carefully consider which one is the best fit for you.
It is also important to note that the MBA program is not only about the college's reputation, it's also about what you want to achieve in your career. So, it is important to think about your career goals before finalizing any college.
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