Should I choose an MBA in SPJIMR finance or XLRI HRM?

SPJIMR has been ranked 18th for Private MBA by NIRF 2020. The Centre for Financial Studies (CFS) of SPJIMR is a unique forum.

XLRI is run by the Society of Jesus (Jesuits) in Jamshedpur, Jharkhand, India. Situated in the steel town of India, it is one of the oldest B-Schools in India. XLRI provides two-year management postgraduate diplomas (PGDM) with different specializations as well as a fellowship program at the doctoral level (FPM).

Rankings:

XLRI has been ranked 1st and SPJIMR has been ranked 8th for MBA by Outlook 2020.

Admission:

• Admission to the MBA program at SPJIMR is based on the GMAT/CAT score.

• While at XLRI admission to the HRM program is based on the XAT score. Both consist of a sequential round of GD and Interviews.

Alumni:

Renowned alumni of SPJIMR include Sunil Lulla, Former Chairman and Managing Director of Eros International and renowned alumni of XLRI include Vineet Nayar who is former CEO of HCL Technologies.

Course Details:

• The PGDM program at SPJIMR is recognized by NBA, AICTE, AMBA, UK, and is a 2-year residential program which is equivalent to MBA.

• The MBA program of SPJIMR also involves SPJIMR Business Academia Conclave and Student Professional Development Cell.

• The major focus of the HRM program at XLRI is directed in Human Resource Information Systems, Training and Development, Compensation Administration, and Performance Management.

• The HRM program at XLRI also includes a summer project, participation in team-building, and a village exposure program.

Placements:

• The Highest package offered at the placement drive of 2019 for the MBA program was 46.5 LPA and the lowest salary offered was 12 LPA. Top recruiters include McKinsey Company, Deloitte, Hindustan Unilever, etc.

• The highest salary offered at XLRI was 50 LPA during the placement drive of 2020. While the major recruiters were TAS, Aditya Birla Group, Colgate, Samsung, Asian Paints, Bajaj Finserv, ACT, etc.

Extra-curricular:

• XLRI has student societies for Extra-curricular activities, Co-Curricular activities, Functional Committees, Informat Committees, and Interest Groups. Extra-curricular societies such as DRACULA, SIGMA-Oikos, SportsCom, XLANC, etc.

• Renowned clubs at SPJIMR include SPeak and SPunk which participate in several inter-college competitions.

Both programs are top-notch, impart quality education, and bridge the gap between industry and academia. However, it is recommended that students go with their choice of interest.