Below is the average package information of IIMs, XLRI, FMS, and ISB Hyderabad.
| Institute | 2022 Median CTC (in INR) |
| IIM Ahmedabad | 26.5 LPA |
| IIM Bangalore | 28.98 LPA |
| IIM Calcutta | 31 LPA |
| XLRI | 29 LPA |
| FMS | 30 LPA |
| ISB Hyderabad | 27 LPA (2021) |
The average placement scenario for these institutes varies each year. As there are multiple factors at play, like specialization, recruiting companies, student crowd, etc.
Post Graduate Programme for Certificate in Entrepreneurship Management is a 6 months duration course at XLRI. As my brother belonged to the 2017-18 batch of the PGP CEM course, here are some first-hand experiences he had.
Overall, this is a good course if you already come with an initial idea about which field or genre you want to work in. Job seekers should completely avoid this since it wouldn't hold much value in their CVs except for a prestigious B-school name. Even if you are a fresher, you won't find this course optimum due to lack of experience. However, if you are a family business owner, you can definitely get insights into how to tackle problems and solutions occurring in your venture.
With its HR program allegedly being the best in Asia, XLRI might be ranked as one of the top 6 management schools in India. Other areas of expertise like marketing and finance are also strong.
One of XLRI's major advantages, in addition to having a large alumni base, is that all of the HR directors at the country's top corporations are XLRI graduates. As a result, XLRI receives a fantastic placement. As most employers view it on par with IIM A, B, and C, this also helps if you wish to change jobs. It will be regarded as one notch lower when compared to IIM A, B, and C. Top IB and PE firms that exclusively visit IIM A, B, and C do not go to XLRI. But XLRI is a fantastic alternative if you are not interested in IB or PE.
Many reputable companies (in the financial and consulting industries) exclusively visit IIM A or B; XLRI is not among them. But even with fewer options, XL can help you get into the best companies. The batch size is one factor. The XL BM batch size (until the 2021 batch) was just 180, as opposed to IIM A, B, and C, which had twice as many.
The HRM program at XLRI Jamshedpur is one of the most prestigious programs in our country, therefore, there is a thin chance that the waitlist might move and waitlist 75 get converted. I wish her the best of luck and hope that she is able to secure a seat in XLRI.
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I have a friend at XLRI. According to him, placement at XLRI depends upon the following few criteria.
Placement stats of the 2020 batch is listed below.
|
Number of recruiters |
108 |
|
Total number of students placed |
358 |
|
Highest CTC offered |
50 LPA |
|
Average CTC offered |
25.08 LPA |
|
Placement rate |
100% |
Major Recruiters:
Top recruiters at XLRI include Boston consulting group, Hindustan Unilever, Accenture strategy, and Microsoft, offering roles majorly in consulting, BFSI, Sales, and marketing.
Profiles Offered:
If your niche is Human Resources, there are various job roles including HR business partner, Change Agent, HdR generalist, HR consultant. You could even consider moving into general management roles if the company is willing to offer that role to HRM students.
In the worst-case scenario, if you fail to get placed at your dream company, the alumni network of XLRI is strong enough for you to fetch new opportunities.
XLRI placements witness international offers for HRM each year. Novartis, American Express, HUL, Goldman Sachs, Lehman Brothers, Alghanim, Mondelez, etc. are some of the major recruiters that offered international profiles for HRM at XLRI, in past. Few multinational companies also give the opportunities to work in an Indian location for 2-3 years and then move to an international location.
Even if you have scored 99 percentile, it is not very easy to crack the GDPI of XLRI. Every person who clears the exam and makes it to GDPI will be just as driven as you are or even more. It is not easy because of this as a lot of people are competing for the same seat and are equally hungry for it.
Those students who score around 97 and 98 percentile come in for the GDPI round more prepared. This is because as a 99+ percentile scorer, you have this notion that it will be easier for you as compared to them.
The GD and PI evaluation is conducted to test the different abilities of the XAT exam. It can be said that there is an advantage for people who have higher percentiles, but it is also not enough to make it easy.
In the end, if you make it through the bloodbath which is an Indian B- School GD round, you truly deserve the success that it brings along irrespective of your percentile.
A dream company depends upon your choice and where your interest lies. Typically, HR Consulting, IR, Manufacturing, or Line HR Roles are more popular.
Despite this, some students may be more interested in joining startups and building systems from scratch than in joining existing companies.
When it comes to HR specialization, XLRI has emerged as one of the top-ranked institutions.
Candidates who graduate from this campus should expect to land high-paying positions with outstanding benefits. Many of the major multinational corporations participate in the placement and choose the best candidates from the campus.
Here is a brief overview of the placement highlights for the recent years at XLRI.
|
Average CTC |
25.08 LPA |
|
Median CTC |
23 LPA |
|
Highest CTC |
50 LPA |
|
Major recruiters |
ITC, Microsoft, Aditya Birla Group, TCS, etc. |
When it comes to the beginning and advancing your career in HR, the alumni is pretty good for XLers who support their group members, and it's a game-changer.
The faculty is world-class and you will get to learn a lot. The program works in partnership with SHRM so that you can also communicate directly with industry experts.
The program offers detailed modules on career and succession planning coaching and mentoring, etc. There will be many practical assignments involving various aspects of talent management in everyday life.
I have a friend who did this program and benefited from it. The addition of the XLRI name in your CV is definitely one of the advantages of this program. As helpful as this program is, it may not matter much in terms of your promotion or next job switch.