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Is the XLRI PGDM GM better than GL PGPM and SP Jain? If so, how?

AB
Atreyee Bose Posted On : October 22nd, 2020
PGDM GM from Xavier School of Management (Graduated 2018)

XLRI offers a 15 month, full-time residential program. It is one of XLRI'S flagship programs accredited by the AMBA. It includes a 3 months field training as well. Each batch has only 101 students selected on merit.

SP Jain's PGDM program is a 2-year program accredited by AMBA and NBA as well. This program allows flexibility in changing the major as well.

Here's an overview of the three institutes:

Parameters

GL (PGPM)

XLRI (PGDM)

SP Jain PGDM

Placement rate

100%

100%

100%

Campus size

27 acres

50 acres

45 acres

Total Seats

240

360

240

Fee 

11-15 LPA

23 LPA

17.50 LPA

Average Package 

13.6 LPA

24.3 LPA

22 LPA

Special Facts on Infrastructure and Program

SP Jain 

  • PGDM program has access to international visiting faculty members and students from Dauphine University (France), NUS (Singapore), Ledge Business School France, amongst others. Michigan State University and Cornell University are its B-School partners.
  • The institute has an amphitheater, residential facilities, and a library.

GL Bajaj

  • PGPM program has 50+ faculty members with more than 40 being well-known management gurus and 25+ faculty visiting from Stanford, Yale and Kellogg schools. The advisory council is headed by Ratan Tata.
  • The institute has a green campus and the first one in South Asia to be given a LEED Platinum Rating. There are sports facilities available for basketball, football, etc; a library and hostels are present on-campus as well.

XLRI 

  • PGDM has 900 contact hours, designed for working executives' needs in mind. 
  • There are 53 electives available to choose from.
  • XLRI also has a historic Sir Jehangir Ghandy library built-in 1947; a computer centre; AC lecture halls; Amphitheatre; and 4 residence halls.

Placement Data 2020

XLRI 

  • The highest salary offered to XLRI students was 30 LPA. 
  • Students were recruited for the roles of Associate Vice President, Product Manager, etc, by Cognizant, Axis Bank, Genpact, etc.

GL PGPM

  • Candidates were offered 13.6 LPA as the average pay and 28.6 LPA as the highest domestic pay. 
  • This year saw 15 new recruiters including ADP, Dell, Magic Bricks, and Zee Entertainment.

SP Jain

  • The institute's number of pre-placement offers (PPOs) and pre-placement interviews (PPIs) has been more than 40% over the years because of its Autumn internships. 
  • A rise of 15% in average CTC was also witnessed. 
  • A total of 80% of its batch received offers over 20 LPA.

Students can decide on a program based on the convenience of location and placements provided.

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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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Which is better IIM L, IIM K OR XLRI- BM?

AD
Aryan Dogra Posted On : October 23rd, 2020
MBA from Indian Institute of Management Lucknow (2022)

Considering the excellent infrastructure and faculty members these institutes offer, it gets really difficult to choose any one of these for higher studies. However, some of the factors would be helpful for you to make the decision.

Ranking:

XLRI has reportedly ranked 1st among the top private management universities by Outlook India 2020’s evaluation reports. IIM L was ranked 4th by NIRF in 2020 and IIMK was ranked 6th for its MBA program by NIRF in 2020.

Admission:

  • Aspiring students have to clear exams including GMAT, XAT, and CAT in order to get admission at XLRI for its MBA program. There are around 600 seats available for various streams. The estimated course fee remains to be around 5-10 Lakhs.

  • Those who want to enroll in the MBA program at IIM K, have to clear the CAT exam.

  • To take admission to IIM L, students have to clear CAT, GMAT, and GATE. For PGDM courses, students have to clear GMAT, XAT, CAT, and GATE.

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, 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 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.

All the institutes offer boys and girls hostel accommodation inside the college campuses. The rooms are spacious and well-equipped with necessities such as an iron bed, almirah, study table, attached bathroom, and more. Apart from these, all the campuses offer modern facilities and advanced digital features with good faculty members.

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Is an executive MBA from XLRI worth?

JS
Jyotsna Sen Posted On : November 10th, 2020
PGDM from Xavier School of Management (2020)

XLRI is a well-known university for the numerous management programs offered by them, though the PGDM in BM is their flagship program but the executive course is also recognized globally. It has been ranked 9th for Management by NIRF in 2019.

Below mentioned are some of the highlights of the PGDM courses offered by XLRI:

Particulars

ExPGDM – Business Management (BM) & Human Resource Management (HRM)

Fees

INR 4.1 lacs

Entrance Criteria

UG Degree & XAT/GMAT

Duration

1 Year 4 months

Total Seats

20-30

Median Salary

INR 18,00,000

Admission Criteria:

Executive MBA in Business Management (BM) & Human Resource Management (HRM)

  • For admission in BM and HRM programs, candidates must have passed 3 years of Bachelor’s Degree exams and should have a work experience of 3 years.

Campus Placement:

  • Average placement rate records to be 100%
  • Top recruiters include industry giants such as Deloitte, Deloitte, OYO Rooms, KPMG, Fidelity, JP Morgan Chase, ITC, and Microsoft, etc.
  • The highest package offered was INR 58.5 LPA (International), 30 LPA (Domestic) and the average package was INR 24.30 LPA. 
  • XLRI also gives internship opportunities to its students, under the Summer Internship Process program. Various companies such as Samsung, Microsoft, HSBC, P&G, Nestle, Uber, etc. visit the campus to recruit candidates for internships.

Future Scope: 

  • Alumni from this institute are not only placed at numerous companies listed under Fortune 500 but even top government organisations such as GAIL, DRDO, RBI. 
  • Graduates are more than fit for administrative roles from the offset such as General Manager, Brand Manager, Project Manager, HR Recruiters. 
  • The professional and personal development of an individual after pursuing this course paves a path for either beginning a new career or significant hike in payscale.

For the executive courses from XLRI, individual’s interest, feasibility and time management should be the final deciding factor. It is on the individual to carefully scrutinise the course in a particular college and then decide.

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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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Which is better for Finance - IIM Indore or XLRI (BM)?

AA
Aishwarya Anand Posted On : January 24th, 2023
Former Assistant Manager at Union Bank Of India (2019–2021)

Without a doubt, XLRI Jamshedpur BM takes the overall lead in this comparison. Certainly, the opportunity cost is losing the IIM brand, but when one is an XLRI alumnus, they also stand tall. There are factors that place XL above IIM Indore, which one will realise once they pass out of it. It has a more than 70-year history and a large alumni base.

Furthermore, it has an excellent faculty and all students here are of merit without any reservations, which will provide you with a highly competitive environment and excellent peer learning.

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How is an MBA from XLRI after CSE from VIT in terms of placement?

RD
Reva Dutta Posted On : October 21st, 2020
PGDM (BM) from Xavier School of Management (Graduated 2019)

XLRI has been accredited by AMBA, AACSB, NBA and has been approved by AICTE. It has been ranked 9th by NIRF in the category Top B-Schools in India. The institute has tied up with various international universities for exchange programs. 

Course Details

The college offers 6 types of MBA courses with fees ranging between 12 LPA AND 26.44 LPA. The college ranked 1st, 2nd and 3rd by The Week, Economic Times and Business Today respectively for MBA.

Admission 

  • Students need to appear for XAT for admission in any of the specializations in MBA.
  • Shortlisted candidates will be called for an interview on the basis of performance in XAT.
  • The institute will also consider academic performance and work experience.

Placements

  • The course has a perfect placement rate of approximately 100%. 
  • Companies such as BCG, KPMG, McKinsey, PwC, and P&G are some of the top recruiters which visit the campus for the placement season. 
  • The average salary offered is an impressive 20 LPA. 
  • The highest package offered at the college is 50 LPA.

After completing CSE from VIT pursuing MBA from XLRI is a great choice. It gives you an insight into the business world while providing great knowledge, being a top-ranked MBA institute. Placements at XLRI are a good upgrade from those at VIT, with a 100% rate and whopping salary packages.

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Is FMS better than XLRI?

MS
Moinak Saha Posted On : March 23rd, 2023
Studied at Faculty of Management Studies, University of Delhi

I would strongly assert that FMS is way ahead of XLRI. I have mentioned a few strong points that support my opinion. Before I begin, let me enlighten you on the fact that this answer is based on thorough research and reviews of graduates of respective B Schools.

Fees

  • The major USP of FMS is its average fees with the best placements. FMS has an overall fee of around INR 2 lakhs for MBA and gives tough competition to the fees of XLRI which stands at INR 23.60 lakhs. 
  • Anyone with common sense would prefer 2 lakhs over 23 Lakhs especially when the ROI is equally good or even better. You can live a stress-free life after your MBA with no burden or repaying a heavy loan.

Industry Acceptance

  • Let me clear the very common misconception that IIMs tags are preferred over anything by most companies. Well, FMS graduates have an equal demand and are in no way lower than an IIM graduates.
  • XLRI is the best choice when it comes to MBA-HRM. Most companies that offer HR roles prefer XLRI graduates even over IIMs.

Placements

  • FMS has made its high ROI known all over the world. It constantly hosts 100% placements. It has distinguished its identity as one of the highest ROI-producing B-schools globally. FMS Delhi's highest package stood at INR 1.23 CPA whereas the average package stood at INR 34.1 LPA and the median package stood at INR 31 LPA. 97% of offers were made above INR 20 LPA. A total of 27% of students were placed in the Consulting Sector and there was a 19% Increase in the number of students placed in the BFSI Sector compared to the last year.
  • XLRI placement scenario is outstanding. In its recent placement drive, XLRI recorded 100% Placement with the highest offer at INR 1.1 Crore. It offers a high ROI where the average placement package stands above INR. 24 LPA, while the general cost for its PGDM program is around INR. 11 LPA.

While both excel in placements, it’s the extremely low fees at FMS that make the ROI amazing.

Overall I would say that FMS is a clear winner when compared to XLRI

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What would be a better choice between IIM Bangalore PGPBA and XLRI Jamshedpur BM, provided I have 3 years of work experience in analytics field?

PP
Pratik Parikh Posted On : May 3rd, 2023
Lives in Bangalore

Both the PGPBA at IIM Bangalore and the BM at XLRI Jamshedpur are famous management programs known for their academic rigor, industry engagement, and alumni network.

Here are a few things to think about when you make your decision:

Programme Curriculum: The PGPBA program at IIM Bangalore focuses on business analytics and data-driven decision-making, whereas the BM program at XLRI Jamshedpur covers a wide range of management disciplines.

  • If you want to specialize in analytics, the PGPBA program at IIM Bangalore may be a better fit.
  • XLRI Jamshedpur BM may be a great alternative if you wish to broaden your management understanding.

Placements: The median salary offered in XLRI BM is INR 30 lakh per annum. The average salary saw an increase to 32.& lakh per annum from INR 30.7 lakhs per annum in 2022. Highest domestic offer at INR 78.2 lakhs per annum from the ITES sector. While in IIM B, has a median salary of 31.2 in 2022. If analytical aspects are the concern, so I think IIMs have tailored courses and updated one too.

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Do people from XLRI HR get placed in other fields as well?

SG
Srinjini Guha Posted On : March 23rd, 2022
XLRI BM 2014-16

Yes, XLRI HR students do get placed in other fields as well. Although such placements are fewer in number. 

Here is a sector-wise analysis of XLRI Placements 2021.

Sector  Number of Offers
Consulting  90
BFSI 15-20
IT/E-Commerce 74
HR/Sales and Marketing 62-65
General Management 32

Placements usually depend on your CV, your work experience, academics, participation in events, and other credentials. 

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