XLRI and IIMs have different strengths and specializations. IIMs are known for management education, while XLRI is noted for its HRM program.
In 2021, NIRF ranked XLRI 4th in India and IIM Ahmedabad 2nd. Academic reputation, research, faculty, facilities, placements, etc. might affect rankings.
Unlike other business schools, XLRI emphasizes ethics and values. Its alumni network encourages students and helps position them. XLRI and IIMs are major Indian management institutes with different strengths and specializations. They have varied admission standards, programs, and reputations, making comparisons impossible. Preferences, professional goals, and fit determine the winner.
XLRI Jamshedpur is one of the top business schools in India, and its HR program is highly respected in the industry. Graduating from XLRI with an HR degree can open up many opportunities for you in the HR field, including roles in recruitment, training and development, employee relations, and more. The highest international package offered is Rs. 1.1 Crore for the HR domain, and an average package ranging from 19 to 30 LPA with a vast alumni base are the reasons which make the XLRI (HRM) the most sought-after management program in India.
In terms of the difference between HRM and BM (Business Management) at XLRI, both programs have their unique advantages and career paths. HRM is focused on developing skills related to human resource management, while BM provides a broader business education covering different aspects of management.
Ultimately, the choice between HRM and BM at XLRI depends on your personal interests and career goals. Both programs have excellent faculty and resources, and you can be confident in the education you receive at XLRI, no matter which program you choose.
There are various parameters through which it can be measured whether XLRI is worth it or not.
Money: You will be able to appreciate it more if you consider network and learning a part of it. About 200 students cannot afford the fee and must take out a loan to pay it to find it well worth it.
Time: There is also an opportunity cost involved. It's worthwhile if you believe that peer learning and classroom learning are a good use of time.
Effort: The true worth of your efforts becomes clear only after you see the results. Every year in XL, over 500 people recognize that value and trust their experience, and another group of students embarks on the same journey to discover their own.
Sacrifice: At various ages, people make various sacrifices in order to pursue their XLRI dream. Some postpone a wedding, some drop out of their campus placement, and some resign from a job they're not sure about. This has less to do with XLRI and more to do with the decision to pursue management.
You can't go wrong with XLRI if you believe a Management course will make a significant positive difference in your life.
One of my friends was a former student of XLRI. Here is his input about some of the XLRI alumni in Human Resource Management who have obtained top positions in several companies,
There are several others to name, like R Sridhar (Executive VP), Saurabh Govil (Senior Vice President), Varadarajan Srinivasan (CHRO & Head of Corporate Affairs), Vivek Tripathi (CHRO), Sonali Roy Chowdhury (HR Director).
Besides HRM, courses like Marketing, Finance, and Operations also saw various alumni that are at the top level of Fortune 500 companies. Some among many have inaugurated their own start-ups and have also made successful products.
I can tell you about my interview experience for IIM Kozhikode.
I am a working professional with three years of work experience in the Ed-tech field. My 10th is 9.4 CGPA, 12th is 80% , both from CBSE, graduation score is 71.2% and I graduated in BBA in 2018 from a college in Indore .
I gave my interview in the afternoon slot (there were a total of three slots, morning, afternoon, and evening, the morning slot is best).
The interview was in online mode (due to covid). First, they asked me to verify my official ID cards. There were two people taking my interview, one male and one female.
They started by asking about my hobbies, I told them about gyming and cricket, and the male interviewer started asking me about cricket. He asked me who scored the maximum t20 runs in the previous year, what reverse swing is, top five bowlers who could bowl reverse swing. Then they started asking me about the firm in which I worked, the valuation of the firm, its reputation, the work culture, the future of the industry, who the CEO is, and all.
Then the next person started asking me questions from my undergrad, and I wasn't able to answer the question related to that. She seems a little unsatisfied with my answers.
I was waitlisted at the end and could not be able to convert the college.
Although choosing a course just based on placement records is not a good idea, there are some insights you must know before deciding.
All in all, placements won't secure your future in any way if you choose a field where you aren’t interested.
XLRI, the dream destination for many, might seem difficult to crack, especially if you haven't had a perfect academic record. But here's the exciting part – XLRI examines every aspects of applicants. They look beyond just your grades or XAT percentile. It's challenging, yes, but not impossible! Every year, numerous top students in India aspire to get into XLRI. Moreover, having work experience is a fundamental requirement for admission to XLRI.
XAT score is just one part of the XLRI admission process. To secure your admission, you need to perform exceptionally in several other stages, including:
Courses |
XAT Cut-off 2023 |
---|---|
PGDHRM |
92 |
PGDM |
92 |
PGDBM |
92 |
XAT cutoff is the only criteria for GD and PI calls. I would advise you to search for more business schools. If you have any other abilities or accomplishments, such as in athletics or any other extracurricular activity, you may still be able to get into XLRI despite having a poor academic score. You still have time to apply to XLRI.
IIM Calcutta and XLRI Jamshedpur have a protracted rivalry that spans back several decades. The rivalry's beginnings can be found in the 1960s when both institutes were founded.
The first management institute to be founded with government assistance in India was IIM Calcutta, which opened its doors in 1961. The Society of Jesus founded the XLRI in Jamshedpur, which is one of India's oldest management institutions, in 1949.
IIM Calcutta and XLRI Jamshedpur have established a reputation as two of India's top management schools throughout the years. IIM Calcutta places a lot of emphasis on marketing and finance, whereas XLRI Jamshedpur places a lot of emphasis on human resources management.
Students and alumni from both institutes frequently engage in friendly competition and banter, making the rivalry between the two institutions mostly a friendly one. The competitiveness between the colleges is particularly pronounced during activities like business quizzes, debates, and other intercollegiate contests.
The Xavier Institute of Management (XLRI), Xavier Institute of Management and Entrepreneurship (XIME), and Xavier Institute of Management, Bhubaneswar (XIMB) are all well-respected colleges that share a common heritage. All three were established by the same Jesuit society and have a strong connection to the Xavier or Loyola name. Another commonality between these colleges is that they all use the XAT exam as a selection criterion for their MBA programs.
Additionally, it is not uncommon for faculty members to move between XLRI, XIME, and XIMB. Despite these similarities, it is important to note that each of these colleges has its own distinct functioning and separate placement processes. It's important to research each of these colleges independently to understand the unique opportunities and resources each of these colleges offers.
XLRI GMP (General Management Program) is structured beautifully and ideal for students with more than 60 months of experience in the industry. The courses are updated with the latest industry trends. Scope of peer learning is huge. You will get to learn a lot from the experienced peers you will share your classroom with. As per the highlights of the past few years, XLRI placements for GMP are pretty good. The average CTC for the program is INR 17.8 LPA.