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What is the average package for MBA(HRM)at IIM Indore?

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Admin Posted On : September 12th, 2023

The PGP-HRM program at IIM Indore is well known for being an inaugural of innovative programs. The duration of the program is 2 years comprising 6 terms.

During the Placement Season 2022-23 of IIM Indore, the fourth batch of PGP HRM at IIM Indore welcomed a large number of recruiters from diverse sectors. In all, 20 recruiters offered roles to the students of IIM Indore’s 2023 Batch of PGPHRM. The total intake this year was 38 students only. Here are some additional placement highlights of this program Students of this program received roles in various domains in HR 

  • BFSI : The main recruiters of this domain were Hero Fincorp, ICICI Bank, and Kotak Mahindra Bank.
  • Consulting : The next top domain was Consulting and companies like Deloitte USI, EXL Service, Capgemini, and Willis Towers Watson recruited students in this domain.
  • Manufacturing: The top recruiters in the Manufacturing domain were Vedanta and Nuvoco Vistas. 
  • Miscellaneous: Other top recruiters included GAIL(PSU), Biocon, Crompton Greaves and Winzo.

The placement statistics of the PGPHRM Batch of 2023 have been tabulated below 

Average CTC

INR 22.65 LPA

Increase in Average CTC

11%

Median Package

INR 22.2 LPA

Median package

INR 34.5 LPA

Average package for the top 25 percentile 

INR 27.53 LPA 

Average package for the top 50 percentile 

INR 25.42 LPA

Hope this helps you!

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Is Amity Noida good for an MBA in HR?

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Tithi Aggrawal Posted On : August 18th, 2023
Lives in New Delhi

Yes, Amity Business School, Noida is good for an MBA in terms of placements, faculty, and industry exposure. It has excellent reviews and is the dream college of many. It was ranked 28 out of 125 in India in 2023 by NIRF.

One of my friends there shed light on the placement scenario. Students are eligible for placements after the 3rd semester. 

  • The highest salary package offered is INR 20 LPA. 
  • The average salary package offered is INR 5.5 LPA.
  • Almost 90% of students got placed in the MBA program offered at Amity College.
  • Recruiters include Wipro, Deloitte, JP Morgan, Accenture, etc., 

Overall, the average package offered is very low so it’s not advisable to pursue an MBA in HR from Amity University Noida.

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How good is HRM of XIMB and what are the profiles usually offered to the students?

PS
Priyanka Singhal Posted On : April 14th, 2022
studied at Xavier Institute of Management, Bhubaneswar

XIMB HRM is among the top 5 HR courses in the country. The institute has a great curriculum for HRM. Attrition is low in HR, so you might not find newer roles. However, XIMB offers decent job roles to students. 

HRM students are usually recruited in Talent Acquisition roles, Recruitment roles, etc. Students also receive lots of offers from Consulting companies. In general, roles offered by Consulting companies are Business HR or Analytics. 

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Is it worth doing an MBA in HRM from Doon Business School, Dehradun?

TC
Tanuj Chandra Posted On : March 10th, 2023
Former Analyst at Bank of America (company) (2014–2015)

When it comes to choosing a college for studying HR, it's important to weigh all your options carefully. While there may be more renowned colleges out there, if you don't have any other option and HR is your passion, then taking admission to this college might be the right choice for you.

However, just attending classroom lectures is not enough. You need to be proactive and build a strong network in the HR community. You can achieve this by attending HR Conclaves, Conferences and interacting with professionals in the field. Additionally, try to do 2-3 internships with prestigious organizations, as this will provide you with hands-on experience and improve your chances of getting hired.

Communication skills are also crucial in HR, so make sure to work on your verbal and non-verbal communication. Practice your speaking and presentation skills, and work on your body language to make a positive impression. With hard work and dedication, you can succeed in HR regardless of which college you choose.

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How is MBA-HR at XIMB? I am a fresher should I take it or try once more?

AC
Arindam Chakraborty Posted On : April 22nd, 2021
Studied at Indian Institute of Management Kozhikode

In recent day’s globalization and the extremely advanced business environment, business organizations worldwide face several uncertainties. It is important for the business's survival, employee motivation, and worldwide development to retain a highly competitive and diverse marketplace. 

MBA - HRM at XIMB:

The program helps you with vigorous training in HRM theories and practical knowledge. It successfully builds a holistic business perception in student’s minds with positive business principles and social understanding.

  • The course is intended to extend highly experienced HR professionals.
  • It imparts the skill, knowledge, and experiences that are indispensable to direct an organization’s HR department.
  • This program offers in the disciplines of OB (Organisational Behaviour), HRM (Human Resource Management), and IR (Industrial Relations).
  • Students from other study backgrounds like Marketing, Strategic Management, Operations, Economics, Accounting and Finance, Information Systems, and Business Ethics can study.

Academics

  • The course is covered within six-term with three months duration for each. Thus, the academic year consists of 3 terms in this institute.
  • The first term starts in June and ends in September. The second term begins in September and lasts up to December, and the third term duration is from December to March.
  • This program includes 16 class sessions in a week, with 90 minutes duration for each program. Thus, the pupil’s workload, such as term papers, readings, projects, field visits, and classroom sessions, is expected to entail roughly 70 hours in a week.

Thus, if you are a fresher and scored 55% in graduation with XAT /GMAT//CAT/X-GMT/ NMAT scores, then it is suggested not to waste another year. Don’t wait for another try because the selection process is entirely done on the basis of your performances in XAT /GMAT//CAT/X-GMT/ NMAT. The college administration also takes a writing test, group discussion followed by a personal interview session, so be well-prepared without wasting time.

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Is it worth doing a PGP HRM at IIM Indore?

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Darryl Thomas Posted On : May 20th, 2023
Studied at Indian Institute of Management Indore

IIM Indore PGP-HRM is a 2 years full-time residential program. Admission to the IIM Indore PGP-HRM course is granted on the basis of CAT Score, Personal Interview score, and the final selection process. Whether doing a PGP-HRM from IIM Indore is worth it or not depends on individual goals and preferences. Here is a table with some basic info regarding the program that might help you decide further.

IIM Indore PGP HRM Highlights

Duration

2 years 

Admission Process

  • Eligibility criteria
  • Shortlist for Personal Interview
  • Final Selection

Eligibility 

Graduation with 50%

Fees

INR 18.39,222 Lakhs

Ranking

# Ranked 7/125 by NIRF Management Ranks

Highest CTC 

INR 36 LPA

Average CTC 

INR 20.3 LPA

Ultimately, your decision should be driven by your interests rather than someone dictating you to choose it or not.

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For MBA in HR, should one choose NMIMS Mumbai or XIMB?

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Samriddhi Sarkar Posted On : May 28th, 2021
MBA from SVKM's NMIMS (2019)

Having friends in both institutions, I suggest you to go NMIMS Mumbai. XIMB HR has recently switched their name from XIMB to XaHR. This cost them a lot in terms of placements. All of the companies, instead of reaching out to XIMB are showing up at NMIMS Mumbai boosting their demand day by day. 

If I were to compare both the colleges based on certain parameters, I would say:

  • Batch: The batch size at NMIMS is 60 which are admitted on grounds of strict merit. On the other hand, XIMB takes in candidates on reservation grounds. 
  • Location: If you have decided to reach Mumbai for your MBA, no doubt that it is indeed the best place. NMIMS provides better corporate interface and project opportunities. 

Placements - 

Categories

MBA HR at NMIMS Mumbai

MBA HR at XIMB

Course Fee 

20.84 lakh

18.50 lakh

Course Duration

2 years

2 years

Highest CTC

22 LPA

28 LPA

Average CTC 

15 LPA

12 LPA

Recruiting Companies

KPMG, EY, Morgan Stanley, Barclays, etc.

Nestle, Berger, HSBC, American Express, etc.

Some of my friends who were on the wait-list of XIMB decided to switch to NMIMS eventually. And some of them withdrew their names from the wait-list just to reach other colleges (these were in the lower-tier) but not XIMB. Even the students who are already studying at XIMB advise others to not reach there.

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How is MBA (HR) from UBS chandigarh in terms of placements and overall experience?

AB
Akriti Banerjee Posted On : September 5th, 2023
lives in New Delhi

An MBA at UBS Chandigarh is a relatively good option. The placement scale is increasing by 30% every year. Almost 90% of students get placed with an average package, and none of them from the HR field will become jobless. The table given below will help you gain more clarification about the recent placement statistics

Particulars

Placement Statistics 2023 (ongoing)

No. of Companies

150

No. of Offers

6154

Highest CTC

More than INR 50 LPA

Average CTC

INR 9.53 LPA

Top Recruiters

Microsoft, Google, Amazon, IBM, Bank of America, Capgemini, etc.

When it comes to the overall experience, it is pretty decent. This institute provides excellent classes conducted by renowned and experienced scholars. The library facility is very helpful in gaining more knowledge about the respective subject. They follow an incredible curriculum system that covers every minute detail of the MBA program. The faculties provide effective guidance for your research and publication of papers.

UBS is up to the mark for other cultural events and extra-curricular activities. They conduct cultural events every year and this institute has a rich alumni network, which is beneficial for connecting with more people and helping to improve our social skills

Thus an MBA (HR) from UBS Chandigarh is a good option in terms of placements and the overall experience.

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What is it like to be a passout from XLRI, Jamshedpur with a degree in HR? Also, is HRM better than BM in XLRI?

IC
Indrani Chatterjee Posted On : April 17th, 2023
PGDM from Xavier School of Management (2018)

XLRI Jamshedpur is one of the top business schools in India, and its HR program is highly respected in the industry. Graduating from XLRI with an HR degree can open up many opportunities for you in the HR field, including roles in recruitment, training and development, employee relations, and more. The highest international package offered is Rs. 1.1 Crore for the HR domain, and an average package ranging from 19 to 30 LPA with a vast alumni base are the reasons which make the XLRI (HRM) the most sought-after management program in India.

In terms of the difference between HRM and BM (Business Management) at XLRI, both programs have their unique advantages and career paths. HRM is focused on developing skills related to human resource management, while BM provides a broader business education covering different aspects of management.

Ultimately, the choice between HRM and BM at XLRI depends on your personal interests and career goals. Both programs have excellent faculty and resources, and you can be confident in the education you receive at XLRI, no matter which program you choose.

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Is IMI delhi good for pursuing MBA in HR?

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Rohan Raj Posted On : March 3rd, 2023
Former Student at Indian Institute of Management Amritsar (2017-2019)

IMI Delhi has its flagship PGDM course wherein you can choose any specialization in the second year ranging from finance, marketing, and operations to HRM. Apart from this flagship course, IMI Delhi additionally offers a separate specialization program i.e., PGDM HRM (Human Resource Management).

Suitability: The program is targeted toward individuals keen to kickstart their careers in the HR domain. 

Curriculum: The curriculum is industry relevant and is customized according to the recent trends in the industry. So unlike the regular PGDM, the HRM program lays more emphasis on core HR subjects. This basically means that tour core subjects will comprise more HR electives than general Management.

International exchange program: This program enables students from foreign universities to study with the students at IMI Delhi and vice Versa.

Placements: The key highlights of IMI Delhi placements 2023 for PGDM HRM are tabulated below:


 

Particulars 

Statistics 

Average Package

INR 15.58 LPA

Highest Package

INR 20.50 LPA

Median Package

INR 14.82 LPA

Top 10% average package

INR 19.89 LPA

Total Students

35

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