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How important does the XLRI (Xavier Labour Relation Institute) give work experience for their BM (Business Management) program?
The sole factor which matters in order to get into XLRI to calculate your final score is a certain criterion i.e. work experience. Although this will change year after year and you cannot entirely rely on this. But it is advised to have some prior work experience.
You need not worry about your work experience. There would be freshers along with candidates having 3 to 4 years (or more) of work experience. Various other factors like PI performance, exam score and GD performance would also matter a lot.
All of these are taken into consideration for you to get into XLRI. And as mentioned, just try to carry work experiences for yourself so that your journey gets easier.
What is required to get into XLRI for BM?
I would be mentioning steps to follow if you want to get into XLRI for BM. So, here's how it goes:
- A good XAT score can do more than half of the job.
- Your solid communication skills actually prove to the panel that you are hard-working and will learn throughout the two years you would spend here.
Both of these steps is a pretty easy task to do and to achieve these skills, you do not require to do something extraordinary. Even if you have any coaching around your locality, perhaps consider joining it as they can provide you the guidance that is required.
Also, something which is more important and needs more emphasis are a few factors, which I feel you should introspection on are:
- Is BM going to help you in the long run of life? Is it actually going to help you achieve something and establish yourself?
- Why exclusively XLRI when it comes to BM?
The reason I mention these is that they are generally asked by the interviewers. I hope my answer has given you direction.
What should I opt for: BM in XLRI or HRM in XLRI?
It depends on your interest, whether you want a career in BM or HRM.
XLRI BM -
- You will get to choose your specialization, after exploring different areas.
- XLRI placements are great for BM, both in Finance and Marketing.
- You will get to learn the ropes of Business management from some of the best minds in the field, such as Prof. Sarin.
- The placement and exposure in Marketing are excellent. MAXI or the Marketing Association of XLRI is one of the oldest committees in the country.
XLRI HRM -
- XLRI HRM program is the best HRM program in the Asia Pac region.
- The faculties are best in the field.
- As a student of XLRI HRM, you will get good exposure and placements.
- According to the recent XLRI placement highlights, HRM students usually receive an average CTC of around INR 23-25 LPA.
Other than these, you will also enjoy the perks of studying in one of the top B-Schools in the country.
How is XLRI (BM) compared to JBIMS, FMS & IIM L?
XLRI has been ranked 9th for management studies in India by NIRF 2020 whereas FMS, IIM-L has been ranked 35th and 4th position respectively. JBIMS is ranked 23 for MBA by India Today 2019.
Admission:
XLRI:
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XLRI conducts the Xavier Aptitude Test (XAT) every year in the month of January which is followed by PI rounds for admission.
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95% is the cutoff for male candidates to join the BM program whereas 93% in the case of females for the same.
JBIMS:
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CAT exam and PI round must be cleared to get admission at JBIMS with the minimum graduation score of 50%.
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The previous year cutoff for BM was 96%.
FMS:
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FMS considers CAT scores for MBA admission.
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BM at FMS is most likely to have a cutoff of 98%.
IIM-L:
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For admission at IIM Lucknow, one has to clear IIM-CAT.
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The expected cutoff percentile this year would be around 97-99% for BM.
Placement statistics:
XLRI:
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The batch of 2020 recorded 100% placement with 362 overall domestic and international offers.
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The average CTC was recorded to be 26 LPA whereas the highest package was 58.5 LPA.
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Sales & marketing and BFSI were the top sectors where students were placed. 17% of these roles constituted students from Business Management.
JBIMS:
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JBIMS experienced a 17.6% hike in their average salary from the previous year. The average CTC offered this year is 20.13 LPA where 98% of students applied for placement have got placed.
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The best domestic CTC offered in 2020 is 32.3 LPA.
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41% of students got placed at BFSI and IB sectors which includes a majority of BM students.
FMS:
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219 students appeared in the placement session in 2020. Each of them got placed at top-notch companies like Coca Cola, Asian paints, GSK pharma with an average salary of 25.6 LPA.
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58 LPA was the highest CTC offered which is 10% more than the previous year.
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Consulting, General management, and E-commerce were the major domains where 33% of students got placed.
IIM-L:
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443 students got placed from the 2020 batch at IIM-L with an average annual package of 24.25 LPA at companies like Flipkart, Deloitte, Accenture.
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The best CTC offered so far is 54 LPA at IIM-L.
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480 students availed of a summer internship opportunity with an average stipend of 1.2 LPM.
XLRI slightly holds an upper hand for BM when compared to the other three B-Schools. Nonetheless, all four institutes offer quality education, exposure, and good placement.
How must I prepare for the GD-PI rounds at XLRI Jamshedpur for the BM course?
The interview process at XLRI covers a wide range of topics and is designed to give the interviewers a comprehensive understanding of the candidate. During the interview, you may be asked questions about yourself, your past education, any work experience you may have, your family, hobbies, current affairs, and your views on various global issues.
It is important to prepare for the classic interview questions, but it is equally important not to memorize them verbatim. Instead, be prepared for any variations of the questions that may be asked. Some commonly asked questions include:
- Can you tell me something about yourself?
- Why do you want to pursue an MBA, and why have you chosen XLRI? Why have you chosen a particular stream such as marketing or finance?
- Can you tell me about a specific incident in your past and what you learned from it?
It is essential to be familiar with every point on your CV. It is perfectly acceptable to say "I don't know" to a technical question during an interview, but it is not ideal to not be able to answer a question about yourself or your CV.
During the interview, the panelists may ask you to speak about yourself and provide arguments for and against any current government scheme. They may also ask you to design an E-R diagram for an IT system for managing the admissions process of XLRI, and can also inquire about your hobbies and passion. It is crucial to be prepared for a wide range of questions and be able to express oneself effectively.
What are the top MBA colleges in Canada?
Canada is a centre for business and technology programs for international students. A list of the top universities for MBA in Canada are as follows:
- University of Toronto
- Queen’s University
- Western University
- McGill University
- York University
- University of Alberta
- Concordia University
- Dalhousie University
- University of Montreal
- University of British Columbia
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