All three colleges are well-regarded in business. To choose between XLRI Jamshedpur (BM), MDI Gurgaon, and IIM Kozhikode, consider these things.
I would suggest you go for XLRI BM because it is the biggest name among the three choices that you have. Also, XLRI being the oldest B-school in the country and famed for its HR has alumni working in the HR department of all the major companies out there and you can leverage this alumni network to get greater prospects in the future.
All the companies in consulting and marketing profiles that visit IIM K or MDI also do visit XLRI and one won't miss out on anything but will only gain by being an XLRI Alumni. It is the oldest B-school and a worthy rival to IIM C which puts it in a league above IIM K or MDI.
Among these colleges, IIFT Kolkata or MDI will be better for Finance. According to MDI Gurgaon placements 2022 record, BFSI, and E-Commerce sectors had placement rates of 22% and 13%. During 2021 placement drive, 55 students from MDI were placed in the Finance sector. The highest CTC offered in this sector was INR 21-23 LPA.
You can also consider IIFT Kolkata. It offers similar opportunities as IIFT Delhi, in the Finance sector. During IIFT Kolkata Summer placements 2021, the top recruiting sector was BFSI.
XLRI ranks 9th on the NIRF scale. It has been ranked at #1 in the Business and the Outlook. It is followed by MDI on #10 same as SP Jain.
Where XLRI and MDI have a 100% placement rate in general; SP Jain has a 76%-80% placement rate.
The table below highlights some features of the institutes-
Parameters |
XLRI |
MDI |
SP Jain |
Placement Rate |
100% |
100% |
76%-89% |
Number of Visiting Companies |
108 |
106 |
11.5 |
Highest Package Offered |
INR 58.5 LPA |
INR 40 LPA |
INR 46 LPA |
Total Students Participated |
359 |
236 |
239 |
Fee |
INR 11.8 LPA |
INR 9.2 LPA |
INR 9.1 LPA |
Average Package |
INR 23 LPA |
INR 20 LPA |
INR 22 LPA |
Faculty plays an important role in the establishment of career competency. All these institutions have well experienced faculty members from Indian and international universities. Where MDI has policy makers, academicians and managers as its teaching staff. SP Jain has in its permanent faculty, professors from Oxford University and the University of Geneva.
Infrastructure and Career Facilities
Placement Data
All the aforementioned institutes are infrastructurally advanced and have partnerships with industries. Hence students can select based on Res utilisation.
If you're interested in PGP HRM, IIM Shillong is the best option in India in terms of placements. The average placement at MDI Gurgaon this year was INR 23.80 LPA, with a median package of INR 23.50 LPA and the highest package of INR 35.57 LPA. Top recruiters included Asian Paints, Infoedge India Limited, Axis Bank, Microsoft, Godrej, KPMG, HCL, Deloitte, Samsung, Google, Amazon, and Atlassian.
At NMIMS, Mumbai, the MBA HR program had an average salary of INR 19.40 L, with more than 180 companies participating. The highest salary this year was INR 57.65 L for the MBA Core program and INR 29.09 L for the HR cohort. Notable recruiters included EXL Acumen, J&J Quest, M&MI Rise for Good, PVMI - Make a dent, Reliance T.U.P, Godrej Loud, and more. IIM Shillong's 2022 placements drive saw 100% of students placed for the PGP 2020-22 batch. The highest package for IIM Shillong placements in 2022 was INR 55.22 LPA, while the average package offered was INR 23.10 LPA. PGP HR saw participation from companies like Bosch, D.E. Shaw, HSBC Bank, Mahindra Logistics, Paytm, and Titan, which offered prominent roles in various sectors.
IIM Shillong has a smaller batch size compared to NMIMS Mumbai and MDI Gurgaon. MDI Gurgaon and NMIMS have stronger industry and alumni connections compared to IIM Shillong, and they also benefit from their location. IIM Shillong has a strong brand value, but other than that, MDI Gurgaon is the best choice for MBA in HRM, followed by XLRI, IIM Ranchi, SCMHRD, and IMI Delhi.
MDI will be a better option for all specializations, except Operations. If you are interested in Operations, IIT Bombay is much better. MDI Gurgaon placements are excellent. Big names such as Bill & Melinda Gates Foundation, and BCG have visited the campus placements. The 2022 placement drive had an average CTC of INR 26.65 LPA.
MDI offers the best placement in the finance domain after IIM A, B, C, FMS, and XLRI. JP, HSBC, Nomura, Stanchart, etc. are some of the major recruiters from the finance sector.
MDI placement records for Marketing are good as well. HUL, Coke, Pepsi, and P&G are some significant recruiters from the marketing sector.
MDI Gurgaon is better than IIM Ranchi. In terms of placements and alumni base, there are significant differences between these two institutes. MDI is an older B-School with a well-developed alumni network. The brand name of MDI is widely reputed in the industry.
It has a stellar placement record. Around 87 recruiters took part in MDI Gurgaon placements in 2022. The median CTC offered this year was INR 23.50 LPA. While the highest CTC offered was INR 1.14 CPA. Google, Adobe, HCL, and Microsoft were the major recruiters that took part in the placement drive.