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Is MBA in HR from SCMHRD really worth it?
Certainly, pursuing a career in Human Resources (HR) is a great option for individuals interested in this field. There are several top-notch colleges in India that offer specializations in HR and among them, SCMHRD is considered to be the best. This college is well recognized and respected in the industry, particularly for its HR stream. It is also rated among the top 20 B-schools in India and enjoys a high reputation in the corporate world.
SCMHRD is a hub of opportunities, attracting several top-notch companies from various industries including conglomerates, fast-moving consumer goods (FMCG), consultancy, and information technology. These companies come to the campus to offer a wide range of roles and packages to students. As a result, students are exposed to diverse opportunities and can choose the one that suits their interests and career aspirations the best.
Before making a decision, it is advisable to evaluate all your options based on the majors you want to pursue and the opportunities that are available to you. It is essential to take into consideration factors such as your interests, skills, and goals before making a final decision. With the right approach and mindset, SCMHRD can provide a solid foundation for your career in HR and help you achieve your professional goals.
Is it worth doing a PGP HRM at IIM Indore?
For PGP HRM, IIM Indore is a great option. The curriculum is at par with reputed HRM B-Schools such as XLRI. Besides traditional classroom teaching, you will get to learn through workshops, certifications, and guest lectures. Students get real-time industrial exposure through summer internships.
IIM Indore placements are pretty good for PGP HRM. More than 20 recruiters participated in the PGP-HRM placements 2022. The average CTC offered by the recruiters was INR 20 LPA.
How much packages can I expect if I get into the HR branch of xlri Jamshedpur?
When it comes to HR specialization, XLRI has emerged as one of the top-ranked institutions.
Candidates who graduate from this campus should expect to land high-paying positions with outstanding benefits. Many of the major multinational corporations participate in the placement and choose the best candidates from the campus.
Here is a brief overview of the placement highlights for the recent years at XLRI.
|
Average CTC |
25.08 LPA |
|
Median CTC |
23 LPA |
|
Highest CTC |
50 LPA |
|
Major recruiters |
ITC, Microsoft, Aditya Birla Group, TCS, etc. |
When it comes to the beginning and advancing your career in HR, the alumni is pretty good for XLers who support their group members, and it's a game-changer.
How are placements in XLRI HRM? What kind of companies recruit and what are the packages offered?
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I have a friend at XLRI. According to him, placement at XLRI depends upon the following few criteria.
- Companies visiting the campus for the recruitment process during summer and final placement sessions.
- Your overall academic profile.
- The way you perform in your summer internship, which can fetch you placement offers at the same company.
- Duration and place of your work experience (if any).
- You can get placed if you win any of the company-organized competitions.
Placement stats of the 2020 batch is listed below.
|
Number of recruiters |
108 |
|
Total number of students placed |
358 |
|
Highest CTC offered |
50 LPA |
|
Average CTC offered |
25.08 LPA |
|
Placement rate |
100% |
Major Recruiters:
Top recruiters at XLRI include Boston consulting group, Hindustan Unilever, Accenture strategy, and Microsoft, offering roles majorly in consulting, BFSI, Sales, and marketing.
Profiles Offered:
If your niche is Human Resources, there are various job roles including HR business partner, Change Agent, HdR generalist, HR consultant. You could even consider moving into general management roles if the company is willing to offer that role to HRM students.
In the worst-case scenario, if you fail to get placed at your dream company, the alumni network of XLRI is strong enough for you to fetch new opportunities.
Do XLRI HRM students get placed in general consulting roles also?
Yes, XLRI HRM students get placed in general consulting roles also. According to recent statistics, around 15% of students from HRM get placement opportunities in consulting firms. But most of these consulting jobs offered were either from Big4 or niche HR Consulting firms such as Mercer, Hewitt, Hay, etc. No sales/marketing roles are offered at XLRI. Management Trainee program is the only way to achieve a successful sales stint.
For MBA in HR, should one choose NMIMS Mumbai or XIMB?
Having friends in both institutions, I suggest you to go NMIMS Mumbai. XIMB HR has recently switched their name from XIMB to XaHR. This cost them a lot in terms of placements. All of the companies, instead of reaching out to XIMB are showing up at NMIMS Mumbai boosting their demand day by day.
If I were to compare both the colleges based on certain parameters, I would say:
- Batch: The batch size at NMIMS is 60 which are admitted on grounds of strict merit. On the other hand, XIMB takes in candidates on reservation grounds.
- Location: If you have decided to reach Mumbai for your MBA, no doubt that it is indeed the best place. NMIMS provides better corporate interface and project opportunities.
Placements -
|
Categories |
MBA HR at NMIMS Mumbai |
MBA HR at XIMB |
|
Course Fee |
20.84 lakh |
18.50 lakh |
|
Course Duration |
2 years |
2 years |
|
Highest CTC |
22 LPA |
28 LPA |
|
Average CTC |
15 LPA |
12 LPA |
|
Recruiting Companies |
KPMG, EY, Morgan Stanley, Barclays, etc. |
Nestle, Berger, HSBC, American Express, etc. |
Some of my friends who were on the wait-list of XIMB decided to switch to NMIMS eventually. And some of them withdrew their names from the wait-list just to reach other colleges (these were in the lower-tier) but not XIMB. Even the students who are already studying at XIMB advise others to not reach there.
How do I prepare for the XLRI HRM interview?
For preparing XLRI, HRM interview, you need to have a good command of the current budget-related issues. This could be done by reading the newspaper thoroughly and be up to date with the current affairs as they are the most predictable topics to be asked by the interviewer.
From the bachelor’s degree, select any two subjects of your interest and prepare them well. Try to improve the communication skills, be a good listener and a proactive person. Opt for coaching like CL for better guidance. Learn how to think analytically and logically and don’t rush to answers.
These are some points that you should keep in mind for the XLRI HRM interview.
Which are the dream companies for an XLRI HRM student?
A dream company depends upon your choice and where your interest lies. Typically, HR Consulting, IR, Manufacturing, or Line HR Roles are more popular.
- If you are interested in HR Consulting then Hay group, Accenture consulting are considered a dream as both of these companies pay significantly higher than other companies like Mercer or Hewitt.
- If your interest lies in IR or Manufacturing then FMCG companies like P&G, Unilever, ITC, Asian Paints, etc should be your dream companies.
- If you are interested in Line HR or corporate HR only then Novartis, Stan Chat, Microsoft, or other big banks and the Software or product based companies etc. are considered dream companies. Novartis offered their position in Switzerland so it was a dream for many students.
Despite this, some students may be more interested in joining startups and building systems from scratch than in joining existing companies.
Which is better purely in terms of placement, XLRI BM or HRM?
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.
How is XIMB BM in comparison with NMIMS HR?
If you compare the two institutes purely based on brand value, location, batch strength, etc. then it is clear that NMIMS Mumbai is the better institute. XIMB Bhubaneswar was a much better institute before, but it has lost its old charm now and has been clearly overtaken by NMIMS Mumbai.
This could be due to the placements on which the students did not concentrate well enough or the institute did not change the course structure according to the market demand or simply that the location and other advantages got NMIMS to a better spot. This is not to say that XIMB Bhubaneswar is bad, in fact, it is better than many other private B-schools, but it has lost itself to NMIMS Mumbai.
Now comparing the two courses, the MBA in Business Management (MBA - BM) from XIMB Bhubaneswar is the core program of the institute with the option of pursuing specializations in operations, marketing, and HR after first year. The HR program in NMIMS Mumbai grooms the students to be future HRs from day one.
|
Categories |
XIMB MBA-BM |
NMIMS HR |
|
Highest CTC |
INR 26.00 LPA |
INR 22.00 LPA |
|
Average CTC |
INR 15.42 LPA |
INR 14.98 LPA |
|
Percentage of students who received PPO/PPI offers |
20.27% |
53% |
|
Number of recruiters |
107 |
29 |
|
Percentage of new recruiters |
51.40% |
24.14% |
As it can be seen, XIMB BM does provide a better average CTC to its students than the NMIMS HR. But the difference is negligible and considering the brand reputation, location and other things such as future growth potential, NMIMS HR is a better choice of the two purely in terms of placement perspective as it is the dominant decision-maker for many students. However, if you are not interested in HR and want to go for other specializations, then XIMB BM is your only choice and is not bad either.
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