Having friends at XLRI, I can only suggest you keep in mind these few facts if you're passionate about getting into any high-quality B-School.
The status that XLRI or any great B-School carries would not be put at risk by admitting candidates who do not have a quality academic background. You have to at least maintain a minimum of the criteria that these institutes demand.
Because of the reputation factor, FMS/XLRI/SPJIMR, etc. would not put their reputation at stake by admitting students with a poor academic background. Therefore, instead of focusing on that, it will be wise to focus and perform well in other exams like - MICAT, NMAT, SNAP, IIFT, CAT, XAT so that you can get a call from any one of the top 20 B-Schools of India.
Despite a 50% score in your graduation, you still think about getting into a reputed institute like XLRI. This shows how much faith you carry in yourself.
Business Management in Xavier School of Management is a good option. It is somewhat better than other business courses in certain aspects. But according to my friend studying there, every institute has its pros and cons. According to him, these may include -
Advantages:
Disadvantages:
Categories |
Business Management at XLRI |
Course Fee |
23.60 lakhs |
Placement Percentage |
80% |
Highest CTC |
30-40 LPA |
Average CTC |
23.5-25 LPA |
Median CTC |
15-18 LPA |
Recruiting Companies |
Accenture, American Express, AgroTech, ABB, etc. |
Therefore, even having several advantages and few disadvantages, business management at XLRI is definitely an excellent option for students interested in MBA.
If you are joining MBA BM at XLRI, be prepared for the rigorous course structure. XLRI batch profile will include students from IITs, NITs, BITS, and other reputed colleges around the country and abroad. So, scoring decent grades won’t be easy.
If you don’t have a decent past academic record, it will be difficult to secure summer internships. But if you have good CPI in XLRI, you can compensate for it. You need to maintain good grades to receive better placements, as well.
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 has a strong reputation for Human Resource (HR) management and Industrial Relations (IR) studies. If an individual is specifically interested in HR/IR, then XLRI would be a better option compared to NMIMS (Narsee Monjee Institute of Management Studies). However, if you are looking for a general management program, then NMIMS would be a better choice because of its excellent peer group and rigorous curriculum.
XLRI is still a good institute for other streams, but it is more specialized in HR and IR. Similarly, NMIMS is known for its general management program, and it may not have the same level of expertise as XLRI in HR/IR.
One of my friends is studying at XLRI. To her, there is no difference or classification of the amount of international exposure or on-site opportunities, based on specializations. The points below provide a clear picture of the modes of international exposure that students of XLRI receive during their course and afterward.
Therefore, specialization is not the mode of distinguishing chances for on-site opportunities, and the factor is entirely based on the company’s business requirements.
It is not a question about whether or not BM is bad, and HR is good. XLRI is more known for HR because it has stuck with the brand. The brand XLRI primarily had an established legacy in Industrial Relations (IR). Which later converted into HR. XLRI established its reputation as an IR concentrated institution following the Independence of the country.
BM, on the other hand, was inaugurated only afterward alongside older IIMs. This has somehow resulted in leading to the XLRI brand getting generally and mostly associated with HR, and not BM. It’s rare to find any industry or top-tier companies in the country where the top HR personnel is not from XLRI.
Now when talking about BM at XLRI, there is definitely a strong and successful alumni base from BM in the industrial sector. In fact, for further recruitments, alumni of XLRI get placed in McK, BCG, and several more from the BM sector.
XLRI Jamshedpur has been ranked 1st for Management programs by NIRF amongst the private institutions of the country. It offers PGDM programs in BM and HRM, which are Business Management and Human Resource Management respectively, that are two-year full-time programs.
Admissions:
Particulars |
PGDM in Business Management |
PGDM in Human Resource Management |
Total seats |
180 |
180 |
Fees |
INR 23.60 L |
INR 23.60 L |
Curriculum:
PGDM BM:
PGDM HRM:
Placements:
PGDM BM:
PGDM HRM:
Both these specializations are highly ranked by both national and international authorities. Business Management is its flagship course, but faculties of all courses are highly qualified, few being advisors to RBI, World Bank and UN. It is on the individual to carefully choose a course after comparing all factors and work diligently to excel in that field.
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
Additional Information
Academics
Placement:
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 -
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.