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How does XLRI compare with IIM A/B/C/L?
XLRI brand name is widely recognized in the industry. In terms of academics, faculties, fees, and alumni network the institute is on the same level as IIMs.
What is the fee structure of XLRI?
XLRI situated in Jamshedpur is one of the highly prestigious and internationally accredited institutes that offers PGDM programs in BM and HRM that are recognized to be equivalent to an MBA in India.
The fees of the various courses offered by XLRI is given in the table below:
|
Course |
Fees |
|
PGDM (Human Resource Management Programme) |
Rs. 11.80 lakh per annum |
|
PGDM (Business Management Programme |
Rs. 11.80 lakh per annum |
|
PGDM (General Management Programme) |
Rs. 20.95 lakh |
Food, electricity, and other personal expenses would be charged extra depending on the type of accommodation preferred by the student.
How difficult it is for an average student to crack XAT exam to get XLRI? How much is the CAT score of students who go for XLRI?
Well, my friend has appeared for both CAT and XAT exams. She filled the MBA admission form from XLRI knowing the difficulty level of XAT. XLRI is a prominent university that has high demands among the students hence, it isn’t easy to take admission here. If you clear CAT with good marks, there are high possibilities to clear XAT with good marks as well.
- There are few instances where students scoring low percentage in CAT, score more percentage in XAT. It happens because they divide the paper according to their skills. If you are good at the quant section, you may clear CAT quite easily.
- On the other hand, XAT is all about verbal and decision-making skills yet you need to make sure that you score around the passing marks in the quant section.
- CAT is about 66% of quant questions whereas XAT has 37% of the quant questions; which has sums based on ethical decision making. However, scoring up to the mark in XAT and CAT comes hand in hand as the difficulty level for both the exams is similar.
Considering the ‘average’ students who usually score average in academics, they have an equal chance to get admission. Moreover, I believe that besides passing or scoring good marks in the XAT or CAT, the admission of the students depends on other factors like knowledge, performance in GD-PI and total appearing candidates.
Should I choose XLRI or NITIE?
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.
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The estimated course fee remains to be around 5-10 Lakhs.
NITIE:
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In order to take admission at NITIE for the MBA program, students have to clear GMAT, CAT, and XAT.
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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:
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Students at the institute have the opportunity to receive various scholarships such as Aditya Birla Scholarship, Pirojsha Godrej Scholarship.
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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.
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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.
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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:
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XLRI offers 100% placements to the students.
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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.
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The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
NITIE:
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Top recruiters who offer job and internship opportunities to the NITIE students are ITC, Nestle, Deloitte, Accenture, Cognizant, Hitachi Consulting, and more.
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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.
What are the chances of a fresher to get selected in FMS, XLRI, MDI with less than 60% in 12th?
It will be difficult to get into colleges such as FMS, XLRI, and MDI with less than 60% in 12th. But it’s achievable. FMS assigns 10% weight to 10+2 scores. So, if you manage to score around the 99.5 percentile in CAT, you will have a chance of getting shortlisted. You need to perform well in the GD-PI round as well. XLRI and MDI assign 15% weight to past academics and work experience.
So, try to work on your profile by adding extra-curricular activities. Also, prepare well for entrance tests and the GD-PI round.
What is the average package of an MBA in XLRI Jamshedpur?
XLRI has recently concluded its placement drive for the batch 2022, with an impressive 100% placement rate. A total of 99 selection representatives participated in the drive, including 23 new recruiters. The highest CTC (Cost to Company) offered was INR 60 Lakhs per annum, which was presented by the BFSI (Banking, Financial Services, and Insurance) sector. The average CTC offered was INR 30.73 Lakhs per annum and the median CTC was INR 29 Lakhs per annum. Additionally, around 40.28% of students received pre-placement offers.
The institution also released its placement report for the batch 2019-21, where the highest CTC offered was INR 50 Lakhs per annum, the average CTC was INR 25.08 Lakhs per annum and the median CTC was INR 23 Lakhs per annum. A total of 108 recruiters participated in the drive, out of which 23 were first-time recruiters and 33.33% of students received pre-placement offers.
In addition, XLRI has also recently completed its summer internship placement drive for the batch of 2022-24, with a total of 510 students receiving 525 offers. The highest stipend offered was INR 3.5 Lakhs per month while the average stipend offered was INR 1.54 Lakhs per month. The institution has thus demonstrated a consistent record of providing its students with opportunities to secure high-paying jobs and internships with top companies.
In India, how are XLRI, XIMB, and XIME related? Does XLRI play any role with XIMB or XIME?
XLRI, XIMB, and XIME all three of these colleges are governed by the Jesuit Society. XAT is the common entrance examination for these institutes. Although XLRI conducts XAT, it doesn’t play any role in admission at XIMB and XIME. Some faculties of XLRI teach in XIMB and vice versa. Many visiting professors are also common to these three institutes.
How is a typical day at XLRI jamshedpur?
On campus, you will find that everyone has different priorities, whether it be co-curricular, extra-curricular or working out. People's priorities change depending on the day or month.
- 6 am: First runners wake up and hit the road for various reasons such as placement selections.
- 8 am: Students with 9 am classes wake up for breakfast.
- 10-11 am: Remaining students start waking up and slowly head to classes.
- 11 am-9:15 pm: Classes take place with some free periods for various activities such as catching up on sleep, studying, completing assignments, or working on live projects with industry or society clients.
- Health enthusiasts hit the gym while athletes head to their respective courts, and some may find time for other activities or outings with the help of the XLRI discount.
- 10 pm: Meetings take place for project groups, committees, and clubs to discuss academic, co-curricular, and extra-curricular activities.
- 11:59 pm: Deadline for all academic and placement-related submissions.
- 12 am: People engage in various activities from assignments, academics, to parties, and athletic practice begins.
- 2 am: Morning runners go to sleep.
- 4 am: Most students go to sleep, but some night owls stay awake.
- 6 am: The cycle repeats itself
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.
Will people be eligible to apply for PGDM BM at XLRI, Jamshedpur if one has secured less than 50% in their graduation?
Having friends at XLRI, I can only suggest you keep in mind these few facts if you're passionate about getting into any high-quality B-School.
- Understand that people at B-Schools care about your marks very seriously.
- The competition level at any B-School would be so intense that the panel would not just consider people with a great academic background. They would take a month/year's work experience into consideration, too.
The status that XLRI or any great B-School carries would not be put at risk by admitting candidates who do not have a quality academic background. You have to at least maintain a minimum of the criteria that these institutes demand.
- Recruiters that approach these reputed B-Schools for placements belong to different firms. For instance- Finance (Citibank, SoftBank, Goldman Sachs Group); Consulting (PWC, BCG, McKenzie); Marketing (P&G, Nestlé, HUL), and others.
- These companies check the candidate's academic background.
- The minimum percentage level they take into consideration for shortlisting is 60% at the graduation level. If your score is beyond that and you have been a university topper, it would be a plus.
Because of the reputation factor, FMS/XLRI/SPJIMR, etc. would not put their reputation at stake by admitting students with a poor academic background. Therefore, instead of focusing on that, it will be wise to focus and perform well in other exams like - MICAT, NMAT, SNAP, IIFT, CAT, XAT so that you can get a call from any one of the top 20 B-Schools of India.
Despite a 50% score in your graduation, you still think about getting into a reputed institute like XLRI. This shows how much faith you carry in yourself.
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