Which one would be the better option betwen JBIMS and XLRI for finance?

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.