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What is the average package for MBA(HRM)at IIM Indore?
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!
Is Amity Noida good for an MBA in HR?
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.
How good is HRM of XIMB and what are the profiles usually offered to the students?
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.
Is it worth doing an MBA in HRM from Doon Business School, Dehradun?
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.
How is MBA-HR at XIMB? I am a fresher should I take it or try once more?
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.
For MBA in HR, should one choose NMIMS Mumbai or XIMB?
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.
Which course is better HRM or BM from XIMB?
To begin with, let me tell you that XIMB offers MBA-BM whereas XAHR offers MBA-HRM. XAHR or Xaviers School of Human Resource Management was started after the immense success of the HRM program of XIMB.
Now coming to your question, the program you choose will be an important factor in shaping your career so it should be based on your inclinations. Get a clear idea of the various arenas and specializations of Management and the required skills. Both the courses deal with very important elements of Management but HRM specifically deals with the primary asset of any company, The employees.
BM offers an MBA in various fields like
- Finance
- Sales and Marketing
- Operations
- Consulting
- General Management
Each of these specializations have its own pros and cons. For instance, if you are into number crunching, operation management, and market mapping, then BM is a good choice for you. You can get further details of the course on the official website. Analyze what course and why attracts you the most and make an informed decision. So only you can decide which course to take as this is a subjective question based solely on your personal preference.
How is XIMB BM in comparison with NMIMS HR?
Pursuing a degree in HR from NMIMS would be a better option if it comes to educational excellence, ranking, infrastructure, campus life, hostels, or placement.
If we draw a comparison between these two prestigious institutions then it would depend on various aspects. They are as follows:
- Ranking and reputation: NMIMS Mumbai, has ranked 21st among the best management institutes in India by NIRF 2023. This proves the academic excellence, infrastructural ability, placement success, and reputation all over India. Whereas according to the NIRF report 2023, XIMB ranked #46 among all the management schools in India.
- Accreditation: NMIMS Deemed-to university is accredited by NAAC with a 3.59 CGPA and Grade A+, whereas XIMB is accredited by NAAC with an "A" grade.
- Faculty & alumni: The professors are very good at teaching and most of them hold a PhD degree in their field of expertise. Nitin Rakesh (Chief Executive Officer and Managing Director, Mphasis), Gautam Shiknis (Founder and MD of Palador Pictures), and many more eminent professionals are notable alumni of this institution.
- Placement: Placement statistics for the year 2023 are mentioned in the tabulated form-
|
Particulars |
NMIMS Placement 2023 |
XIMB Placement 2023 |
|
Highest Package |
INR 67.80 LPA |
INR 71.51 LPA |
|
Average Salary |
INR 26.63 LPA |
INR 20.03 LPA |
|
Top Recruiters |
Aditya Birla Capital, American Express, Goldman Sachs, Crisil, etc. |
ICICI Bank, Accenture, Cognizant |
After considering all of these factors, it is clear that NMIMS is the best fit for pursuing an MBA degree in HR. The campus, programs, and opportunities available align perfectly with the goals of an MBA aspirant.
How good is HRM in XIMB for a fresher, and does one's profile matter heavily when it comes to placement in XIMB?
The faculty of management now come under Xavier University Bhubaneswar. It consists of School of business management, School of HR, School of RM, and School of SM. The MBA HRM program of XIMB is one of the best programs in the college. It is a 2-year residential program.
- The college also has good infrastructure as well.
- Most of the students get good placement from this college. It does not matter much whether you are a fresher or an experienced candidate if you have the right skill, knowledge, and presentation skill then you will surely get through it.
- The placement also takes into account your academic scores, extracurricular activities, and GDPI performance.
Below is brief highlights of the HRM program.
|
Number of students placed |
110/123 |
|
Total number of recruiting companies |
53 |
|
Average CTC |
INR 11.88 LPA |
|
Median CTC |
INR 11.12 LPA |
|
Highest CTC |
INR 20.84 LPA |
|
PPO |
14 |
The program not only focuses on academics but also focuses on extracurricular activities like business events, cultural events, and sports events.
Is MBA in HR from SCMHRD really worth it?
Certainly, pursuing a career in Human Resources (HR) is a great option for individuals interested in this field. There are several top-notch colleges in India that offer specializations in HR and among them, SCMHRD is considered to be the best. This college is well recognized and respected in the industry, particularly for its HR stream. It is also rated among the top 20 B-schools in India and enjoys a high reputation in the corporate world.
SCMHRD is a hub of opportunities, attracting several top-notch companies from various industries including conglomerates, fast-moving consumer goods (FMCG), consultancy, and information technology. These companies come to the campus to offer a wide range of roles and packages to students. As a result, students are exposed to diverse opportunities and can choose the one that suits their interests and career aspirations the best.
Before making a decision, it is advisable to evaluate all your options based on the majors you want to pursue and the opportunities that are available to you. It is essential to take into consideration factors such as your interests, skills, and goals before making a final decision. With the right approach and mindset, SCMHRD can provide a solid foundation for your career in HR and help you achieve your professional goals.
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