How does the XLRI GMP program compare with one year MBA programs of IIMs and SP Jain?

One of my friends at XLRI said that you should know the facts before diving into any conclusion and making a decision. According to him, GMP is not a good course. It has its own set of flaws.

• There mainly is no institutional support for placements of students pursuing GMP, unlike the BM and HR course. 
• Students from a core background are advised not to join the course. 
• Choose this course only if you are willing to work as a business analyst in certain second-tier service companies.
• This course is somewhat only for IT students. 
• If you are employed in companies like Coal India, Indian Railways, or NTPC. You will remain unplaced for over 6-7 years of operation. 
• You will not receive an opportunity in the GD interviews while competing against various IT students.
• The course pedagogy states that it is a general management course. That means it lacks fundamental items like operation, finance, and strategy. 
• Only 20% of the students obtain premium jobs, while the rest have to join sales or service jobs. 
• Several jobs are seen to be cornered by “placecommers” and certain similar individuals.

The placement stats provided by the institution are - 

Apart from Mr. Venu Gopal in marketing, and Mr. Ajith J Kuman in the operations, neither of the faculty members are industry inclined. Thus, choose wisely before making a decision.