Both the private colleges give good placements to their students and they also provide good infrastructure. If a choice has to be made between the two colleges, one can look at the information given below.

HR IN NMIMS:

NMIMS is ranked 4th by the outlook in the year 2020 under private management colleges. The college is AICTE approved and the total fees of the course are 20.84 Lakhs (2 years).

Admissions:

• Students in order to secure a seat in the college need to apply for the NMIMS management aptitude test, which is conducted by GMAC.

• The candidates should apply for the GMAT exam and should secure at least 50% marks from any recognized UG university.

Faculty:

The faculties in the college NMIMS are well qualified and have years of experience in teaching.

Placements:

Almost every student in the college was placed.

• The average salary which was offered in 2019 was Rs 13 LPA and the highest package offered was Rs 22 LPA.

• The top companies which visited the campus were Barclays Bank, Centrum, CITI Bank, Credit Suisse, CRISIL, DBS Bank, DHL Express, FedEx Express, Google, HCL, HP, etc.

XLRI Xavier School of Management, Jamshedpur:

The college was ranked 1st by the outlook in private colleges for the year 2020. It is a top-notch private college that offers 32 courses across five streams. The main course (called the flagship course) that is offered by the college is a two-year PG program in business management and HRM. The college also offers one-year online, VIL programs.

Admissions:

• To get into this college for PGDM programs, the college accepts XAT and GMAT marks.

• The shortlisted candidates are selected and called for the final rounds for admissions. The end of the round consists of group discussion and personal interview.

Faculty:

The professors who are present in the college are well versed in their area of specialization and have Ph.D. degrees.

Placements:

The placements of the college are one of the best in the country.

• 100% placement was recorded in the year 2020 for the PGDM course.

• The highest salary went up to Rs 50 LPA and the lowest salary offered was Rs 21 LPA.

Therefore, one can choose a college based on the information given above.

Both NITIE and XLRI are reputed and well-known institutes with exceptional opportunities due to which it is a tough decision to make. However, some points may be taken into account which would be helpful for you to make a decision for your future.

Ranking:

XLRI has reportedly ranked 1st among the top private management universities by Outlook India 2020’s evaluation reports. NITIE has ranked 12th for its MBA program by NIRF’s evaluation in 2020.

Admission:

XLRI:

• Aspiring students have to clear exams including GMAT, XAT, and CAT in order to get admission at XLRI for its MBA program.

• The estimated course fee remains to be around 5-10 Lakhs.

NITIE:

• In order to take admission at NITIE for the MBA program, students have to clear GMAT, CAT, and XAT.

• For the PG Diploma courses, students have to clear the GMAT. The average course fee remains to be around 7 lakh for all the courses.

Scholarships:

XLRI:

• Students at the institute have the opportunity to receive various scholarships such as Aditya Birla Scholarship, Pirojsha Godrej Scholarship.

• Apart from that, on merit-cum-need basis financial scholarship (up to 250000 INR) is provided to those who require it.

NITIE:

Various need basis scholarships are provided to the NITIE students as well.

• 30% of the course fee is reduced for those whose family income is less than 2 lakh 50 thousand and 50% of fee is reduced for those whose family income is or less than 1 lakh.

• Apart from that, teaching assistantship positions are offered to GATE qualifiers. SC and ST candidates receive Central Sector scholarship based on their circumstances.

Placement:

XLRI:

• XLRI offers 100% placements to the students.

• Some of the top recruiters are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, Power Finance Corporation among others.

• The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.

NITIE:

• Top recruiters who offer job and internship opportunities to the NITIE students are ITC, Nestle, Deloitte, Accenture, Cognizant, Hitachi Consulting, and more.

• The highest and medium salary packages remain to be around 38 LPA and 20 LPA. The placement rate is 98%.

Both these institutes provide modern classrooms, advanced necessaries, libraries. Faculty members of both the institutes are helpful. Both boy’s and girl’s hostel accommodation is provided by both the institutes as well.

Jamnalal Bajaj Institute of Management Studies or JBIMS is situated in Mumbai, Maharashtra, and 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. JBIMS has been ranked 7th by Business today. 

Admission

JBIMS:

• MMS - Students must have passed graduation with 50% along with MAH CET score. The fee structure for the course is INR 49,980.
• M.Sc Finance - Passed graduation with min. 50% in mathematics at HSC/Degree. The fee structure for 1st-year is INR 3.40 Lakhs.

XLRI 

• FPM - Passed master’s degree/B.E or B.Tech degree with 55-60% marks. The institute charges 5.5 lakhs for the program
• Executive FPM - Passed MBA with 60% marks. The total fee structure for the course is 9 lakhs.

Placements:

JBIMS

• For JBIMS, 41% of students were placed in the BFSI & IB sector, followed by the Technology sector with 19% of the total students being placed.
• At JBIMS, a total of 52 companies were part of the summer internship drive including Axis bank, Castrol, Barclays, Deloitte. 
• The highest stipend was Rs. 5.5 Lakhs and the average stipend was Rs. 1.89 Lakh.

XLRI:

• XLRI has an Alumni base of more than 16,000. 
• In the year 2020, the IT/ITES sector was the largest recruiter with 30% of the total offers.
• 90 XLRI students were placed in the year 2020. 
• The highest international CTC was Rs. 58.22 LPA and the highest domestic CTC was Rs. 26 LPA.

The table given below highlights the overall placement statistics for both institutions:

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.
• JBIMS has several committees like the STRATEGYM, the CATALYST forum etc and conducts International research conferences.

A better option for finance should be selected by comparing above facts, your perception of the college brand image and the ROI which is on an average 20.14 for JBIMS and  0.65:1 for XLRI.

The IIM Ahmedabad PGP-FABM is a sector-specific program launched with the aim to produce leaders in the field of rural, food, agricultural, and allied sectors.

The PGDM HRM course in XLRI Jamshedpur is one of the oldest and prestigious programs of the institute. Students from this course are offered roles such as Human Resource Development, Industrial Relations, Personnel Management, and other related areas.

Admission:

• Admission to the PGP-FABM program at IIM Ahmedabad is done through Analytical Written Test(AWT), Personal Interview, and score obtained in the CAT entrance test.

• Admission to the HRM program at XLRI is done through scores obtained XAT/GMAT entrance test and students need work experience of a minimum of 3 years.

Alumni:

Notable alumni of IIM Ahmedabad include Raghuram Rajan who is Chief Economist of IMF and renowned alumni of XLRI include Vineet Nayar who is former CEO of HCL Technologies.

Course details:

• The pedagogy of two years PGP-FABM program at IIM Ahmedabad is based on the Case Method, Group Work, Case Presentations, and Live Industry Projects.

• Second-year students enrolled in the PGP-FABM program at IIM Ahmedabad are allowed to undertake a term in the ESSEC, Paris, UBC, Canada, and SJTU, China.

• The major focus of the HRM program at XLRI is directed in Human Resource Information Systems, Training and Development, Compensation Administration, and Performance Management.

• The HRM program at XLRI also includes a summer project, participation in team-building, and a village exposure program.

Facilities:

• The library at IIM Ahmedabad stacks over 1,94,704 Books and 19816 Online Journals. The library is also equipped with EBSCO Discovery and RemoteXS facilities.

• The library at XLRI Jamshedpur has over 66,687 books and 16806 journals.

Placement:

• The highest package offered at IIM Ahmedabad was 70 Lakh and top recruiters were ITC, Nestle, Mondelez, General Mills, P&G, General Mills, Asian Paints, and Reckitt Benckiser.

• The highest salary offered at XLRI was 50 LPA during the placement drive of 2020. While the major recruiters were TAS, Aditya Birla Group, Colgate, Samsung, Asian Paints, Bajaj Finserv, Reliance Industries, ACT, etc.

For a student from an agricultural engineering background, the PGP-FABM programs would be better, as the program is designed in a way to meet the industrial needs. However, it is recommended that students go with their choice of interest.

Although all the institutes offer good placement to its students, a comparative analytical report based on points would be helpful for you to decide which institute to choose for your higher studies.

XLRI:

• Some of the top recruiters who offer internship and job opportunities to the XLRI students are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.

• The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.

IIML:

• It offers 100% placement to its students.

• The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.

• The highest and the medium salary range remain to be around 54 LPA and 23 LPA.

IIMK:

• Students at IIMK get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.

• Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.

SIBM Pune:

It was ranked 6th by Outlook India in 2020.

• The top recruiters who offer placement to the students are Axis Bank, Flipkart, Diageo, KPMG, Capgemini, HDFC Bank, Mahindra CIE, ITC, and more.

• The highest and the medium packages are 34 LPA and 18 LPA.

NMIMS:

NMIMS has ranked 2nd among the top BBA colleges of India by India Today in 2020.

• Top recruiters of NMIMS students are IBM, Johnson, and Johnson, Deloitte, ICICI, HDFC Bank, Cadila, Mankind, Accenture, Amdocs, Bajaj Finserv, Aditya Birla Group, Alkem, Cipla, and more.

• The highest and medium salary packages remain to be around 30 LPA and 17 LPA.

JBIMS:

• Students receive job opportunities from various companies such as Mahindra Group, TATA Group, The Boston Consulting Group, Reliance Industries, Godrej consumer products, and more.

• The highest and medium packages that are offered are 32 LPA and 26 LPA.

These are the major placement related details that you should be taking into account while deciding whether you want to join any of these institutes or not.

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-

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

• SP Jain institute has a cultural center, Yogkutir, cafeterias, libraries and hostels on-campus. It also holds an annual SBAC event in which leaders from the Indian business world participate.
• MDI has a library, a corporate centre, students' and executives' hostels and a computer centre. In addition to this MDI is the first internationally accredited B-School and has an exchange program facility in which 2 of 3 brightest students get to study abroad. It also holds about 4-5 international conferences each year.
• XLRI also has an international student exchange program and is the oldest and most prestigious B-SCHOOL in South Asia. It has 204 hostel rooms, 2 seminar halls, AV conference room, and a language lab as well.

Placement Data

• XLRI saw multiple domestic offers at INR 50 LPA by the BFSI sector. 43% of the 2020 batch was recruited by PPOs. The major recruiters were KPMG, GAIL and PricewaterhouseCoopers.

• The Major recruiters at MDI were Axis Bank; American Express, Yes Bank and Aditya Birla.

• SP Jain students received 300 offers in 2020 with an average payment of 26.3 LPA which was 15.1% higher than the one made in 2019. The major recruiters were Bain and Company, Hindustan Unilever and Bajaj Finserv.

All the aforementioned institutes are infrastructurally advanced and have partnerships with industries. Hence students can select based on Res utilisation.