Which MBA college is good: XLRI, ISB or IIFT?

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Prabhdeep Kaur Saluja Posted On - Dec 27, 2021
Studied at Xavier School of Management (2018)

IIFT is an excellent institution not particularly in India but also in Asia. It is a 55-year-old institution under the ministry of commerce and has the best to offer in areas of International Business and Foreign trade. ISB is quite reputed among students. The global ranking is the selling point and XLRI carries class and quality. It depends on what specialization you want to choose. 

The table shows a brief overview of the institutions.

Particulars

XLRI Jamshedpur

ISB Hyderabad

IIFT Delhi

Median Salary

INR 15 LPA

INR 25.7 LPA

INR 18.20 LPA

Entrance Criteria

XAT/GMAT

GMAT / GRE

IIFT

Fees

Rs. 4.26 Lakh

Rs. 37.49 Lakh

Rs. 7.6 Lakh

Comparison:

  • For Foreign trade and Int business, IIFT is way better than even IIMs, let alone XLRI and ISB. 
  • IIFTs has affiliations with WTO, UNESCAP, WORLD BANK, and other UN and international research organizations. 
  • For HR, XLRI is better than the others. It can be called the Mecca of HR studies. XLRI has a global reputation for HR. 
  • XRLI is the first B-school that TATA established to direct the early dreams of Indian business management directed at reconstructing India into a compelling economy. 
  • ISB offers a great brand name and a global ranking.

So, choose the institute based on your choice of specialization.

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Shilpa Dwivedi Posted On - Oct 21, 2020
Studied at IIFT Kolkata

XLRI has been accredited by AMBA, AACSB, NBA and has been approved by AICTE. It has been ranked 9th by NIRF in the category Top B-Schools in India. The college offers 6 types of MBA courses with fees ranging between 12 LPA AND 26.44 LPA. The college ranked 1st, 2nd, and 3rd by The Week, Economic Times, and Business Today respectively for MBA.

Indian School of Business has been ranked 2nd by Business Today for MBA in India. The college offers Post Graduate Programme in Management at a fee of 31.35 Lakhs.

Indian Institute of Foreign Trade has been accredited grade ‘A’ by NAAC and approved by UGC. It has been ranked 26th by NIRF for MBA in India. The college offers four courses in MBA at fees ranging from 8 Lakhs to 16.25 Lakhs.

Admission Procedure

XLRI: 

  • The prerequisite for seeking admission to the course is having completed a three-year undergraduate degree from an AICTE recognized college.
  • Further, students are shortlisted on the basis of the XAT/GMAT scores. ‘
  • After being shortlisted, students are called for the GD and PI round.

ISB: 

  • The prerequisite for seeking admission to the course is having completed an undergraduate degree and having 2 years of work experience. 
  • Further, students are shortlisted on the basis of the GRE/GMAT scores.

IIFT: 

  • The prerequisite for seeking admission to the course is having completed an undergraduate degree. 
  • Further, students are shortlisted on the basis of the IIFT entrance score followed by GD and PI round.

Infrastructure & Facilities

XLRI: 

  • The college is built over a 50-acre campus and is home to a fully automated library which includes journals, study material, magazines, and various e-learning facilities. 
  • The college has separate boys and girls hostels on-campus. 
  • The college has top-class sporting facilities and various sporting grounds available. 
  • Other facilities such as an auditorium, recreation rooms, gym, cafeterias, air-conditioned classes, and Wi-Fi are also provided.

ISB: 

  • The college is built over a massive 260-acre campus with separate boys and girls hostels on-campus. 
  • Other facilities such as an auditorium, recreation rooms, gym, library, sports facilities, cafeterias, air-conditioned classes, and Wi-Fi are also provided.

IIFT: 

  • The college is built over a 6-acre campus. 
  • The institute has facilities such as an auditorium, library, sports facilities, cafeterias, air-conditioned classes, and Wi-Fi.

Placements

XLRI: 

  • The course has a perfect placement rate of approximately 100%. 
  • Companies such as BCG, KPMG, McKinsey, PwC, and P&G are some of the top recruiters which visit the campus for the placement season. 
  • The average salary offered is an impressive 20 LPA whereas the highest package is 50 LPA.

ISB: 

  • The course has a placement rate of approximately 85%. 
  • Companies such as BCG, Accenture, McKinsey, Deloitte, and AT Kearney are some of the top recruiters which visit the campus for the placement season. 
  • The average salary offered is an impressive 21 LPA.

IIFT: 

  • The course has a placement rate of over 90%. 
  • Companies such as JP Morgan, Goldman Sachs, and Deloitte are some of the top recruiters which visit the campus for the placement season. 
  • The median salary offered is an impressive 18LPA. 
  • The highest salary goes up to a whopping 27LPA.

XLRI is the best college among the three with better placement numbers. ISB takes the lead in terms of infrastructure and facilities, however, XLRI is a dominant force due to much better MBA rankings. ISB and IIFT stand toe-to-toe with one another. However, a choice between the three may also depend on one's personal preferences.

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