XIMB, Bhubaneswar - Course & Fees Details

Bhubaneswar, OdishaEstd 1987 XIM University, Bhubaneswar
#5 For MBA By Outlook 2024  
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Courses Offered By XIMB 2024

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Business Management
Degree :
MBAExecutivePh.D
Program Type :
Full Time
Ph.D. (Business Management) 
1st Yr Fees:₹1,20,000
1 Courses4 Years Full Time
#5out of 200 by Outlook

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Post Graduation

Application Date:

17 Mar 2024

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XIMB: 11 Answered Questions

Is XIMB HRM worth the 17 lakh fee? Will the XUB thing have any impact?

Arka DuttaM.B.A. from Xavier Institute of Management, Bhubaneswar

There is no such course as XIMB HRM. The HR School of XUB, XAHR, offers the HRM course. Pursuing this degree is certainly worth the money invested. Xavier School of Human Resource Management placements has an average CTC of INR 12.9 LPA. While the highest CTC goes up to INR 22.5 LPA. Many students get salary packages in INR 20 LPA slab. 

The XUB thing hasn’t made any major impacts. The faculty is same, the selection criteria are same, and so is the list of recruiting companies. 

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Which has the best program for rural management, XIMB, IRMA, or the Indian Institute of Rural Management at Jaipur?

Vishal PatilStudied MBA in Human Resource Management at Xavier Institute of Management, Bhubaneswar (Graduated 2019)

IRMA seems to have it all - top faculty, great infrastructure, excellent campus, and extensive exposure. It is well known for its specialization in Rural Management and becomes the best choice when it comes to RM aspirants. Before I go on, let me clarify a much common misconception about the Rural Management and Development Sector. The assumptions that the pay in the Development sector is extremely low and IRMA provides no corporate exposure are outright false. 

I know a friend who gave up a scholarship at another B School for Rural Management at IRMA. He made this decision despite knowing it will be more hectic because of the 3 field components unlike 1 in the case of other B Schools. 

There is an additional social sector course like Rural Society and Polity for instance. The main purpose of these courses is to broaden your tour horizon as IRMA serves the majority of the Indian population living in villages, who have a different set of problems and require a different type of thinking to solve them.

IRMA has 2 camps - pro-market and pro-development that respect each other. Such harmony leads to a better understanding of both pros and cons, and students can initiate a response to an emerging economy.

This field required an emphatic and sensitive attitude with monetary benefits not being the primary goal. The earning capacity is not exactly poor and the placement figures reveal 100% opportunities. Additionally, IRMA’s Social Entrepreneurship Cell is a haven for future entrepreneurs.

IRMA boasts of a rich alumni culture because they take pride in being an IRMAn which was possible after multiple efforts and hard work. The alumni connection ensures constant motivation and advice shared based on real-life experiences.

Overall IRMA offers a roller coaster of experiences you won’t forget in your entire life.




 

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Which course is better HRM or BM from XIMB?

Sabeer Chalana
Ansuman PandaMBA in Marketing & Finance, International Management Institute (Graduated 2008)

To begin with, let me tell you that XIMB offers MBA-BM whereas XAHR offers MBA-HRM. XAHR or Xaviers School of Human Resource Management was started after the immense success of the HRM program of XIMB.

Now coming to your question, the program you choose will be an important factor in shaping your career so it should be based on your inclinations. Get a clear idea of the various arenas and specializations of Management and the required skills. Both the courses deal with very important elements of Management but HRM specifically deals with the primary asset of any company, The employees.

BM offers an MBA in various fields like

  • Finance
  • Sales and Marketing
  • Operations
  • Consulting 
  • General Management

Each of these specializations have its own pros and cons. For instance, if you are into number crunching, operation management, and market mapping, then BM is a good choice for you. You can get further details of the course on the official website. Analyze what course and why attracts you the most and make an informed decision. So only you can decide which course to take as this is a subjective question based solely on your personal preference.

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What is your review of Xavier Institute of Management (XIMB), Bhubaneswar? Is it worth doing an MBA from this institute? What are its placements like?

Santanu GanguliMBA in Mark, Fin and Sys Business Management, Xavier Institute of Management, Bhubaneswar (2019)

My friend was a student at XIMB and all the points mentioned below are based on his experience at XIMB.

  • Location: Located at the center of the city, no commute difficulties are posed and you can access all off-campus facilities with ease. But the new campus is a bit far from the city and is bigger. Both campuses have world-class facilities.
  • Campus Life: Life at XIMB is rigorous and lively and you will always be occupied with classes, committee elections, quizzes, case study competitions, cultural events, and guest lectures. But this rigor will help you learn time management. Nightlife on campus is exciting as a number of exciting things take place at night
  • Friendships: Every good college experience requires a good group of friends without which your survival might become more difficult. This friendship will stay with you throughout the year.
  • Hostel: The hostel life is thrilling and you will develop an affinity for your Hostel and your Hostel Block will become your pride and identity.
  • Faculty: The faculty reside within the campus and are some of the best in the country. 
  • Case Study Competitions: You can participate in all the major case study competitions to portray your business problem-solving skills.
  • Xpressions: This event is in the limelight of the Institute as it showcases what XIMB actually is. The event welcomes some of the top celebrities and gives an exciting experience.
  • Placements: Placements are at level with the top 20 colleges. XIMB maintains a decent placement record over years. Recently, the institute released its 2022 placement report. According to the report, the highest salary, average salary & median salary increased by nearly 34.2%, 15.78% & 17.9% respectively as compared to the previous year. The highest salary offered was INR 32.21 LPA & average salary stood at INR 17.54 LPA. The median salary offered was INR 17.10 LPA.

Life at XIMB will give you an abundance of memories and knowledge about yourself, life and competitions. Make the best of those 2 years and try to be involved in every possible activity as you won’t get to relive these days and get back those days again.

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Is It worth to join B schools like IMT/IMI/XIMB whose fees are around 20 lakhs if I have calls from reputed government colleges on par with these?

Kabya Kalbalia
Suntonu BasuProfessor of Finance at Xavier Institute of Management, Bhubaneswar (2015-present)

Before I talk about the worth of private B Schools like IMT/IMI/XIMB, let’s consider their average packages.

B School

Average Package

IMT 

INR 17.35 LPA

IMI Delhi

INR 17.01 LPA

XIMB

INR 20 LPA

The average package of government colleges like IITs and DSE is slightly less around INR 10.57 LPA. So the point is if you are ready to invest a hefty amount in B Schools, you will not regret the decision as they are game changers. The level of exposure and diversity is almost higher than in Government colleges. IITs, DFS and DSE MBAs have a more theoretical approach than a practical one. However, the figures for private B schools are inflated so do consider the ups and downs.

  • IITs are best for operations and manufacturing industries
  • IMT or XIMB is a good option for Marketing
  • DFS or IMI are best suited for Finance
  • XIMB or DSE are best for HR

The final decision is up to you. Try to find what exactly you want from MBA

  • If you are looking for the IIT tag, then IIT
  • If you are after ROI or PhD then DSE or DFS
  • If you want to climb the corporate ladder, XIMB is the best

Make a well-informed decision after proper research.

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What are the prospects for Urban Management and Governance at XIMB? How are the placements?

Ankit DhirCEO at Catking Educare. (2009–present)

The answer is based on the interviews of first and second-year students of MBA - Urban Management & Governance.

Course: MBA in Urban Management and Governance helps students develop the talent in the development and management of smart and sustainable city infrastructure which includes the following:

  • Financing
  • Contracting and partnership arrangements for transportation systems
  • Housing and real estate
  • Housing finance
  • Water and waste management
  • Sustainable urban development
  • e-governance arrangements
  • Urban environmental management
  • Leisure and tourism

Recruiting Sectors

Many domains of both public and private sector offer roles to students from Urban Management and Governance (UMG) such as

  • Consulting firms
  • Infrastructure development companies
  • Urban Development Authorities and various Government Departments
  • Special Purpose Agencies created through Public-Private-Partnerships managing Smart Cities
  • NGOs
  • UN Organizations
  • International Development Agencies
  • Multilateral Agencies

Recruiters 

The various companies and NGOs that have hired students of UMG are - Ernst and Young, Jones Lang LaSalle, GIZ, Spectrum Technologies, CRISIL, Janagraha and many more.

Future prospects: 

Graduates of the MBA-UMG Program can pursue further study in Ph.D. programs in a number of disciplines like 

  • Urban Development
  • Housing
  • Transportation
  • Public Policy
  • Planning
  • Governance
  • Urban Finance
  • Real Estate

My personal advice would be to go for this course. Experience in this field will upscale your resume and make you appear unique among many others.

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How do the new HR programs of IIM Ranchi, NMIMS, and XIMB measure up to the established ones of XLRI, TISS, MDI and SCMHRD?

Apoorv AshutoshFormer PhD Candidate at Indian Institute of Management Lucknow (2017–2020)

The simple answer to your question is no, the new HR programs of IIM Ranchi, NMIMS, or XIMB are not at par with the established ones XLRI, TISS, MDI, and SCMHRD. The established programs especially that of XLRI are the epitome of HR programs. They cannot be compared to the new ones at any given level or parameter.

  • Faculty: The professors of XLRI are renowned throughout the industry for their competency. They specialize in almost every domain one can think of be it Law, Competency Modeling, Compensation, or Performance Management.
  • Peers: It’s the cream students who get the opportunity to get into a prestigious college like XLRI. You can see tough competition between the finest students at college. Every individual has a valuable opinion and stands to contradict others. Their thinking pattern is broad and given a case study, they look at all angles from accounting to finance to laws while proposing the solution. The situation at TISS is also quite similar.

Now one can say that the curriculum can be replicated and learned faculty can be sought to match the quality of the HR program at these institutes. But the truth is faculty and curriculum are the main but not the only factors that determine an institute's worth. Its own culture, ethics, and background have a lot to do with the programs it offers.

So one cannot match XLRIs programs no matter how much they try.

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Is XUB different from XIMB? What is the fee structure for XUB and placements?

Satyam Purwar
Shivam PutraFormer Consultant at KPMG (2019–2021)

XUB is not exactly different from XIMB. XUB comprises more schools like

  • school of commerce
  • school of mass communication
  • school of economics and sustainability development

In addition there are several PG courses like MBF and it now even offers graduation in Science. Despite the variety of courses offered, the primary focus is MBA. While at XIMB the only course offered is MBA.

Both the campuses are well built far from the city saving them from hectic city traffic. XUM still has some buildings under construction. Excellent food and transport facilities make them a more attractive choice. 

Of the two, XIMB was established earlier so enjoys more brand name and value than XUB. XIMB value can be determined through All India Rankings which is not possible in the case of XUB.

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How is the XIMB full-time MBF (Management of Business in Finance) course?

Ujjwal GuptaMBA Marketing & Finance, Xavier Institute of Management, Bhubaneswar (2017)

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.

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How good is sustainability management at XIMB?

Souvik Podder
Soumya TayalStudied at International Management Institute

Xavier Institute of Management, Bhubaneswar also known as XIMB, is one of the elite B- schools in India. It ranks between 10-15 in All-over surveys conducted by various education portals. 

The Sustainability Management program at XIMB has the following features:

Curriculum: Xavier University Bhubaneswar (XUB), keeping its promises to deliver holistic and relevant education, witnessed an increasing need to introduce the newer generation of students, and management professionals to the field of sustainability. 

Prospects. The program is designed to prepare students for managerial and leadership positions in both business corporations and national and international development agencies. 

Pedagogy: The program harnesses a variety of teaching methods, including interactive lecture sessions, case analysis, group discussions, interaction with experts and practitioners, and the use of videos, documentaries, and films related to sustainability. 

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