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Will people be eligible to apply for PGDM BM at XLRI, Jamshedpur if one has secured less than 50% in their graduation?

SP
Sania Paul Posted On : May 25th, 2021
studied MBA from XLRI

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. 

  • Understand that people at B-Schools care about your marks very seriously.
  • The competition level at any B-School would be so intense that the panel would not just consider people with a great academic background. They would take a month/year's work experience into consideration, too.

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. 

  • Recruiters that approach these reputed B-Schools for placements belong to different firms. For instance- Finance (Citibank, SoftBank, Goldman Sachs Group); Consulting (PWC, BCG, McKenzie); Marketing (P&G, Nestlé, HUL), and others. 
  • These companies check the candidate's academic background. 
  • The minimum percentage level they take into consideration for shortlisting is 60% at the graduation level. If your score is beyond that and you have been a university topper, it would be a plus.

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.

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How good is business management in XLRI?

GK
Goldy Kurian Posted On : May 26th, 2021
PGDM-BM from Xavier School of Management (2017)

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:

  • An excellent alumni network.
  • The interview panel always includes 1 or 2 members of XLRI.
  • Academics are excellent and almost as good as in IIMs. They provide a rigorous curriculum.

Disadvantages:

  • Located in Jamshedpur, with no airport in the city. This is a huge flaw that affects the placements of students.
  • XLRI gets more attention to its HRM courses which others are not highlighted much.
  • Marketing only receives good placements. Followed by Finance and Operations. Others do not get much focus.

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.

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What advice would you give to a fresher joining for an MBA in BM at XLRI?

BR
Bithika Roy Posted On : October 1st, 2022
MBA in Finance & Marketing, Institute of Management Technology, Nagpur

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. 

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Which is better purely in terms of placement, XLRI BM or HRM?

VB
Viren Bhalla Posted On : May 20th, 2021
studied MBA from Xavier School of Management (2018)

Although choosing a course just based on placement records is not a good idea, there are some insights you must know before deciding.

  • Placement is for the first job which you might do for 2–3 years while your career will span for 30–35 years. You should choose what you feel you want to be doing.
  • You must have heard that HR roles offer you better work-life balance but it might not be true in every case. It depends a lot on the company, your manager, and your role. If work-life balance is your criteria, you might feel a shock when you join a company. HR might not have business targets but you may face other pressures.
  • Placements in any campus depend on your luck too. HR batch strength increase in XL might make the competition for the good roles a little higher because the number of HR roles is limited. BM batch is still divided amongst Fin/Mar/Ops camps giving them specific roles but the number of opportunities might be higher. 

All in all, placements won't secure your future in any way if you choose a field where you aren’t interested. 

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Shall I go for PGDBM from NMIMS, or shall I go for PGCBM from XLRI, Jamshedpur? Please feel free to advice any other course, apart from these two related to EMBA. I have 5 plus years of experience.

SG
Siddarth Ghose Posted On : April 18th, 2023
lived in Jamshedpur, Jharkhand, India

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.

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Which will give me the exposure and on-site working experience: XLRI, HRM, or BM?

AM
Aditya Mishra Posted On : June 9th, 2021
Studied National Institute of Technology, Kurukshetra (2019)

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.

  • There is a student exchange program in XLRI, which provides foreign learning opportunities to students.
  • The institute has tie-ups with several international business schools like ESADE, Audencia, Darden, and EM Lyon.
  • Almost 20% of students from the batch get the opportunity to spend a semester in one of the foreign institutes. Among them, most of the seats are available to HR and BM students.
  • Students get the benefit of interacting with international students and get used to the global perspective of MBA.
  • In terms of internships and placements, the working experience of candidates totally depends upon the job role offered by the company.
  • In certain cases, companies send their summer interns abroad to their offices.
  • There are HR interns from HUL, who worked in the United Kingdom during their internship period.

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.

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Why does everyone talk about XLRI HR and not BM? Is BM bad at XLRI?

AP
Ashish Patil Posted On : June 17th, 2021
XLRI (Human and Resource Management 2019)

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.

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What are BM and HRM in XLRI?

MM
Mihir Modi Posted On : October 30th, 2020
PGDM (BM) Finance & Business, Xavier School of Management (2020)

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:

  • The curriculum is designed to cover both core and foundation subjects with respect to business. 
  • It offers conceptual and analytical understanding by combining management theory and practice. 
  • The course structure is constantly evolving to provide students with the most updated industry trends.

PGDM HRM:

  • It has a focus on core subjects like HR Information systems, HR planning, Performance management and Training and development. 
  • It also includes courses in the functional areas of management with a mix of open elective in a wide variety of subjects.

Placements:

PGDM BM:

  • It offers a 100% placement rate with a highest CTC of 40 LPA while offering a median CTC of 21.4 LPA. 
  • The major recruiters are ABB and Accenture, Bloomberg, E&Y, Bank of America.

PGDM HRM:

  • Average placement rate has been around 90% with the highest CTC of 35 LPA and an average CTC of 17 LPA. 
  • The top recruiters are AgroTech and Airtel, Amazon, American Express.

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.

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How different is PMIR from the BM course as offered by XLRI?

KM
Khushi Mathur Posted On : October 30th, 2020
PGDM-BM from Xavier School of Management (2017)

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.

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