Which is better, IIT Roorkee MBA or XIMB BM?

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Admin Posted On - Jun 24, 2024

I was in the same position as you last year. I too had the same options for my Master and I chose IIT Roorkee due to the following reasons:-

  • The IIT brand that gets attached to you is an asset that shall forever remain worthy.
  • IIT has fees of 8 Lakhs compared to fees of 21 Lakhs for XIMB.
  • IIT Roorkee is ranked 18th in the NIRF ranking while XIMB is ranked 46th.
  • IIT Roorkee has an Average Package of 18.34 LPA while XIMB is at 19.53 LPA.
  • MBA started at IIT Roorkee in 1998 while XIMB was established in 1987.
  • IIT Roorkee has better infrastructure and a bigger campus of 358.5 acres.
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Madhav Aneja Posted On - Apr 14, 2023
Lived in Chandigarh, India

Last year, my sister was in similar confusion when she was asked to choose between IIT Roorkee and XIMB BM for her MBA. Torn between the two, she decided to do her part of the research on the basis of important parameters like roles offered, placement figures, batch size, and ROI. 

Here are a few highlights from the research she conducted and the conclusions she drew:

  • IIT Roorkee enjoys a good reputation for its MBA program and has given birth to many successful managers.
  • Some of the great roles offered at IIT Roorkee that set it apart from others are product management, marketing management, and financial analysis among many others.
  • The small batch size of 66 students at IIT Roorkee improves student-student relations as well as faculty-student relations creating a family-like bond while the huge batch size of 356 students at XIMB BM is a major problem.
  • IIT Roorkee enjoys a legacy of around 175 years and thus has better infrastructure and a broader alumni base than XIMB BM.
  • XIMB BM MBA fee is around INR 20 Lakhs whereas IIT Roorkee MBA fees are around INR 9.5 Lakhs which is almost half. Compared with the average placements, IIT Roorkee offers a better ROI than XIMB BM.

Lastly, let’s discuss the most important aspect; placements with the help of table

Particulars 

XIMB BM

IIT Roorkee 

Batch size 

355

69

Highest CTC 

INR 32.21 LPA

INR 25.8 LPA

Average CTC 

INR 17.4 LPA

INR 16.8 LPA

Median CTC 

INR 17.10 LPA

INR 18 LPA

Top Recruiters 

ICICI Bank, Accenture, Cognizant

Deloitte, EY, Paytm, Axtria, NatWest, ICICI Bank, HCL, Vedanta, Infosys,

So, IIT Roorkee fairs better in almost every aspect be it ROI, placements, or infrastructure.

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Ashish Gupta Posted On - Aug 1, 2022
Lives in Roorkee, Uttarakhand, India

XIMB BM is way ahead of IIT Roorkee MBA. XIMB is among the oldest management schools in the country and has an impressive brand presence in the industry. It offers better placements. Around 64 recruiters participated in the XIMB placements 2022. Here are the highlights in brief.

Parameters  Statistics (2022)
Average CTC  INR 17.54 LPA
Highest CTC  INR 32.21 LPA
Median CTC  INR 17.10 LPA
Total number of new recruiters  15

HSBC, KPMG, Deloitte, Accenture, etc. are some of the major recruiters that frequently take part in the placement drive. 

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Vishesh Kumar Posted On - Apr 19, 2021
Studied at Indian Institute of Technology Roorkee

Among the above two institutes, IIT Roorkee MBA is definitely a good choice, considering the IIT tag and the experiences offered by the institute. The table below gives a brief level of comparison among the institutes.

Particulars

MBA at IIT Roorkee

Business Management at XIMB

NIRF ’20 Ranking

12

31

Total Fees

Rs.9.4 Lakhs

Rs.18.9 Lakhs

Highest Salary Offered

Rs.18.7 LPA

Rs.26 LPA

Total Number of seats

95

360

Admission tests

CAT

CAT, XAT, GMAT, X-GMT

Key highlights:

  • There are several positive aspects of being in an IIT, even for an MBA. The IIT brand name is a forever-worthy asset and will provide opportunities based on its value.
  • Considering a much lower fee than XIMB and a decent placement at the same time, the Return-on-Investment of IIT-Roorkee is a key point to be considered.
  • There are several recruiters who visit IIT Roorkee DoMS for placement, including some reputed firms with several years of experience.
  • IIT Roorkee provides enough facilities to showcase talent and enhance skills and explore new ways of learning.

Joining IIT Roorkee for an MBA leads to an experience of a lifetime, which is worth spending the two years of the course.

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