Is an MBA from XLRI worth it?

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2 Answers

Ritu Dixit Posted On - Nov 4, 2022

Business Management from Xavier School of Management

There are various parameters through which it can be measured whether XLRI is worth it or not.

Money: You will be able to appreciate it more if you consider network and learning a part of it. About 200 students cannot afford the fee and must take out a loan to pay it to find it well worth it.
Time: There is also an opportunity cost involved. It's worthwhile if you believe that peer learning and classroom learning are a good use of time.
Effort: The true worth of your efforts becomes clear only after you see the results. Every year in XL, over 500 people recognize that value and trust their experience, and another group of students embarks on the same journey to discover their own.
Sacrifice: At various ages, people make various sacrifices in order to pursue their XLRI dream. Some postpone a wedding, some drop out of their campus placement, and some resign from a job they're not sure about. This has less to do with XLRI and more to do with the decision to pursue management.

You can't go wrong with XLRI if you believe a Management course will make a significant positive difference in your life.

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Sagnik Ghosh Posted On - Jun 2, 2021

Business Management from Xavier School of Management (2018)

Having known XLRI students, I can assure you that studying here will definitely be good. XLRI is one of the top B-schools in India. It is consistently being ranked among the top 10 by NIRF in their management schools rankings. As for its worth, it will depend on a lot of factors which are mostly subjective to an individual itself and not the institute itself. Let us discuss them to give you a clear idea –

Money –

XLRI is comparatively costly. The course fee ranges from 12-35.4 lakh.
This excludes the mess and hostel charges, which will add another 1 - 2 lakhs.
If you pay via an education loan, then the overall cost would increase further.
After the degree, you would get on an average INR 25.08 lakhs per annum of salary in the first year. So in terms of Return on Investment (RoI), it may not be the best B-school.
But the intrinsic value of these B-schools lies in their legacy, reputation, alumni network, and the learning you would receive.

Time –

You will dedicate 2 years here. Whether or not you are a fresher or already a working professional, you will forego 2 years of earning potential.
You will receive a quality education. After 2 years you will get a boost in your career. So certainly XLRI is worth your time.

Effort –

You will have to work hard, get good grades and compete continuously with other top students.
Finally, if you put in sincere efforts you will definitely get a good salary job right off the campus placements.

So simply put, life before and after XLRI will be vastly different for you and you would definitely appreciate its worth after completing your degree. Except for the immediate RoI, everything else is really worth it. But the value addition you would get more than makes up for it.