IIM Calcutta and XLRI Jamshedpur have a protracted rivalry that spans back several decades. The rivalry's beginnings can be found in the 1960s when both institutes were founded.
The first management institute to be founded with government assistance in India was IIM Calcutta, which opened its doors in 1961. The Society of Jesus founded the XLRI in Jamshedpur, which is one of India's oldest management institutions, in 1949.
IIM Calcutta and XLRI Jamshedpur have established a reputation as two of India's top management schools throughout the years. IIM Calcutta places a lot of emphasis on marketing and finance, whereas XLRI Jamshedpur places a lot of emphasis on human resources management.
Students and alumni from both institutes frequently engage in friendly competition and banter, making the rivalry between the two institutions mostly a friendly one. The competitiveness between the colleges is particularly pronounced during activities like business quizzes, debates, and other intercollegiate contests.