IIM Lucknow is ranked as one of the top 5 business schools in the country, while SP Jain is typically ranked somewhere between 6-10. Choosing IIM Lucknow over SP Jain is a wise decision, as IIM Lucknow has a larger and more prestigious brand. The institute has a better reputation among companies, a stronger alumni network, and slightly better placement opportunities.
While SP Jain may have a location advantage, it won't make a significant difference as there will be plenty of opportunities available to you at IIM L. It's important to do your own research when making decisions, but in this case, it's a no-brainer. Choosing IIM Lucknow is the clear choice, especially when compared to other business schools like SP Jain, IIM K, IIM I, MDI, and JBIMS.
If you have the opportunity to choose between SPJIMR and IIM L, head all the way to Lucknow without a second thought
It's important to weigh your options and decide if it aligns with your goals. Many students who have attended IIM Indore have found the experience to be incredibly valuable.
IIM Indore is an excellent choice if you're looking to immerse yourself in an environment with some of the brightest minds in the country. The institution offers a range of opportunities to explore various facets of leadership, marketing, entrepreneurship, and business theories, allowing you to develop a strong foundation and hone your skills. Many students have found the experience to be transformational, as they discovered their strengths and talents during their time at IIM Indore.
However, if your goal is to immigrate to Canada, pursuing an MBA in Canada may be a better choice. This would give you the opportunity to network with people in your field and learn about the Canadian business landscape, which would be valuable for your future endeavors.
Ultimately, the decision to attend IIM Indore or pursue an MBA in Canada depends on your goals and what you hope to achieve. Both options offer unique benefits, and it's up to you to decide which path is right for you.
Completing a specialization in a particular field can present many exciting career opportunities for a candidate. In the case of Information Technology, there are several career tracks that an individual can pursue. These include roles in Corporate IT, Consulting, Digital Businesses, Analytics, and IT Services and Products Management.
Each of these roles is at a mid to senior leadership level and is highly sought after by multinational corporations. These companies typically offer attractive compensation packages, including competitive salaries and benefits.
It is also worth mentioning that the institution offering the specialization program, in this case, SPJIMR, is among the very few that undergo a CRISIL audit. This level of scrutiny provides assurance to potential employers and highlights the high-quality education and training received by the candidate. The CRISIL audited report can be accessed on the SPJIMR website for those who are interested in learning more.
In conclusion, pursuing a specialization in Information Technology opens the door to many rewarding and lucrative career opportunities. With the right education, training, and experience, an individual can build a successful career in the dynamic and fast-paced world of technology.
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.
SPJIMR GMP program offers global exposure to students. The GMP partner schools are -
These partner schools have rich alumni bases and are featured regularly in FT Masters rankings.
The major recruiters for SPJIMR GMP are L&T, Nestle, ITC, Deloitte, ITC, etc. There are a few successful entrepreneurs in the house as well.
The GMP program isn’t as recognized as the PGDM program of SPJIMR. But it is a great option, especially if you want to explore the global markets.
SPJIMR (S.P. Jain Institute of Management and Research) is a business school in Mumbai. It is affiliated under Bhartiya Vidya Bhavan and is a private business school. It has a campus of 45 acres in Andheri’s Western suburb regions. It’s been ranked 16 by NIRF 2019 in the category of best business schools in India.
XLRI formerly known as Xavier Labour Relations Institute or Xavier Institute of Management is a private business school in Jamshedpur, Jharkhand. It is affiliated with AMBA and AACSB. In the management category, it’s been ranked at 4th by NIRF 2020.
Admission:
SPJIMR:
For PGDM Marketing, the applicant should have a bachelor’s degree with at least 50% marks.
The overall cut off of CAT is 85 percentile.
If the applicant has given an entrance exam of GMAT, the cut off marks will be 85 percentile.
XLRI:
The qualifying scores for admission in XLRI is XAT. The required cutoff in 2019 was 96.
Along with XAT, applicants are required to give a written ability test (WAT), Group Discussion (GD), and personal interview (PI).
Given below are a few of the key information for the PGDM Marketing program at SPJIMR and MBA BM at XLRI.
Category |
S.P. Jain Institute of Management and Research |
Xavier School of Management |
Fee Structure |
17.5 lakh (MBA) |
23.6 lakh (BM) |
Faculty |
44 |
81 |
Placement Percentage |
100% |
100% |
Highest Package |
51 lakh per annum |
58.5 lakh per annum |
Average Package |
26.36 lakh per annum |
21 lakh per annum |
Recruiting Companies:
The top recruiters at SPJIMR are Goldman Sachs, McKinsey & Company, PwC, EY, Bain & Company, Deloitte, Capgemini, Bristlecone, Boston Consulting Group, IIFL, Bajaj Finserv, American Express, HSBC IB, ICICI Bank, JM Financial, Barclays, Duff & Phelps, etc.
Some of the major recruiters at XLRI are Amazon, Flipcart, TCS, Microsoft, Ola, Cipla, JCB, Xiaomi, HCL, PWC, India Mart, OYO Room, Myntra, Mahindra, ACT, Capgemini, JP Morgan Chase, Samsung, Asian Paints, American Express, ICICI Bank, JM Financial, etc.
The choice of the particular college relies totally upon the student’s interest and priority. This is only the factual data of both the colleges.
SPJIMER, SIBM, and XLRI placement reports are pretty accurate. Rather than the typical average/median CTC method, SPJIMER publishes its placement report in IPRS format. Every figure mentioned in the placement report is true to the 2nd decimal point.
XLRI and SIBM also keep the placement report transparent. SIBM gets its placement audited regularly. As per the 2022 placement highlights, the average CTC for SPJIMER, SIBM, and XLRI were INR 23.6 LPA, INR 23.06 LPA, and INR 30.73 LPA respectively.
NMIMS inflates the report. The numbers are quite high.
When it comes to operations, NITIE is unbeatable compared to SPJAIN for at least the next ten years, and the same is true for finance and marketing, as NITIE cannot beat SPJIMR for the next decade. Here are some reasons to consider:
Overall, NITIE is a much better option than SPJIMR for operations and as a college in general. While SPJIMR has excellent marketing strategies, factors such as GFT and Rural internships are just gimmicks to bring the college into the top 10. Additionally, SPJIMR began inflating their placement reports due to institutes like MDI doing the same. It's essential to check the data for yourself and not settle for others' beliefs, as everyone has their own. NITIE is relatively unknown due to being a government institute that cannot advertise like SPJIMR or MDI. Additionally, the operation is not as prestigious a stream as finance and marketing in the corporate world, giving NITIE a bad reputation. However, NITIE is the clear choice for operations, and you should do your research and make an informed decision.
XLRI Jamshedpur and SP Jain Mumbai are both renowned management colleges in India, with XLRI having an edge due to its older establishment.
If you enjoy managing people and prioritize teamwork, a career in HRM may suit you well. It's worth noting that HRM has evolved to be much more than just headhunting.
Before making a final decision, it's important to consider the type of organization you would like to work with, if that's your goal post-MBA. This can help you make a more informed and beneficial decision.
You are recommended to consider SPJIMR or SP Jain Global if you're looking for a reputable institute for management education and research. The institute was established in 1981 and has since then achieved various laurels in the field of management education and research. Its alumni are well-placed in C-Level positions around the world.
In 2004, SPJIMR created the SP Jain Global campus in Dubai and later opened campuses in Sydney and Singapore. However, the two institutes divorced in a few years and SP Jain Global started using the reputation earned by SPJIMR and engaged in unethical practices. They started luring candidates by leveraging the SP Jain name. It is important to note that SPJIMR Mumbai is now the official name of the institute after rebranding.
It is important to choose a reputable institute for your management education, and SPJIMR Mumbai is a great option. The institute offers various programs that cater to the different needs of aspirants. The faculty members are experienced and knowledgeable, and they are dedicated to providing quality education to the students.
SP Jain Global may falsely showcase itself as a Forbes Top 10 institute and try to lure aspirants into joining, but it is important to be cautious and do your research before making any decisions. SPJIMR Mumbai has a great reputation and can provide you with the education and resources you need to succeed in the field of management.