Without any second thoughts, XIMB HR is one of the best courses for HRM in the country. Its curriculum is highly rated and industry relevant. Many top companies have offered leading roles over the last few years.
Its legacy of 29 years has given birth to an elaborate alumni base which is another aspect of its excellence. Anyone interested in HR Management should definitely take this course.
The colleges that you have mentioned are quite old and reputed, leaving behind a history of a great placement record and a bright future.
Human Resources has become a promising field in today’s time. A good HR assures that the aspects of the business they work for proves to be fulfilled along with allowing the employees their own space wherein they give importance to the clients.
Based on certain parameters, allow me to compare all the three institutes so that it gets convenient to choose the B-School of your choice.
| Categories | SIBM Pune | NMIMS Mumbai | SCMHRD |
| Course Fee | 17.26 lakh | 6.04 lakh | 11.94 lakh |
| Highest CTC | 35 LPA | 16 LPA | 18-21 LPA |
| Average CTC | 18 LPA | 8 LPA | 10 LPA |
| Recruiting Companies | Crisil, HSBC, etc. | Berger, ITC, etc. | Mindtree, ICICI Bank, etc. |
My suggestion would be to consider NMAT and even SNAP so that you get a better view to choose from. Some promising prospects are indeed offered by NMIMS and SIBM-P, but I believe you should go for that particular institute which is reputed for its HR department.
IIM Indore PGP-HRM is a 2 years full-time residential program. Admission to the IIM Indore PGP-HRM course is granted on the basis of CAT Score, Personal Interview score, and the final selection process. Whether doing a PGP-HRM from IIM Indore is worth it or not depends on individual goals and preferences. Here is a table with some basic info regarding the program that might help you decide further.
IIM Indore PGP HRM Highlights
|
Duration |
2 years |
|
Admission Process |
|
|
Eligibility |
Graduation with 50% |
|
Fees |
INR 18.39,222 Lakhs |
|
Ranking |
# Ranked 7/125 by NIRF Management Ranks |
|
Highest CTC |
INR 36 LPA |
|
Average CTC |
INR 20.3 LPA |
Ultimately, your decision should be driven by your interests rather than someone dictating you to choose it or not.
The IIM Trichy HR program is a relatively new program that started in 2020. Owing to its lack of credibility not many go for this course.
The table below compares the Placement Statistics of the regular PGP and PGP-HR programs at IIM Trichy.
|
Particulars |
PGPM - HR |
PGPM |
|
Highest CTC |
INR 17.6 LPA |
INR 34 LPA |
|
Average CTC |
INR 13.3 LPA |
INR 17.01 LPA |
|
Median CTC |
INR 14 LPA |
INR 16 LPA |
|
Average CTC of Top 25% Students |
INR 15.6 LPA |
Average CTC of Top 25% Students |
|
Top Recruiters |
Ashok Leyland, Hyundai, Wipro |
Amazon, Dell, Nomura |
From the table we can infer that the highest CTC of the HR program is nearly half of that of the regular program. This clearly speaks about its placement opportunities. So I will suggest you go for HR only if you are really interested in it, else go for a regular PGPM.
I assume that you have both options IIM Ahmedabad PGP-FABM and XLRI HRM. If that is the case, then you should make a well-informed decision based on your personal inclinations.
If you had taken Agricultural Engineering because you were genuinely interested in it, then IIM Ahmedabad, PGP-FABM is the best choice for you.
However, if you had to take Agricultural Engineering because that was the last option you had, then it makes no sense to continue with it. In that case, XLRI HRM is the best option for you. This is because the job opportunities after FABM, are scarce, and you. HRM will fetch you office jobs.
Brand-wise both institutes are similar with IIMA having the upper hand. Placements-wise, HRM is better unless you have an interest in Agricultural Engineering.
Bring a student of DMS Delhi myself I can surely help guide you with some insights. However, I have very limited knowledge about MDI Gurgaon PGP-HRM.
IMI Delhi is among the top B schools of Delhi NCR. It holds a distinct reputation for the establishment of centers of excellence in different streams of management. The faculty is experienced and well qualified. Pre-placement offers are also a dominant feature of the institute. Apart from placements it has attractive internship statistics also relating to better career growth.
It offers streams in three major areas which are General, Human resources, and Banking & Financial Services. All these streams are linked to a single program which is PGDM but the decision underlining preference depends on factors like fees and placements, etc which are discussed below.
Academics:
The eligibility stays the same for all streams which are graduation with CAT/GMAT Score.
Fees also stand common for all streams at INR 17.5 Lakhs.
Placements:
PGDM holds a batch strength of 224 students and generally ends up providing the highest package of INR 22 LPA.
The average package is also quite decent with a range of INR 13.07 LPA
PGDM HR has 45 students and managed to provide a salary range of INR 12 – 14.5 LPA.
PGDM had 48 students with a 100% placement criterion and the highest package of INR 20.75 LPA and an average of INR 12.88 LPA.
Sector-wise Placements:
The recruitment details can clearly specify the sector & domain which turns out to be favorable with respect to the investment made. The details are as follows.
PGDM Banking is a preferable sector as it attracts 29% of the placements.
HR is looked upon for the IT/ITES / Media / TELECOM sector.
The top recruiters for the BFSI sector are American Express, ICICI Bank, HDFC Bank, Tata Capital, and SBI Capital
The top recruiters for the HR sector are Accenture, Infosys, Genpact, Capgemini.
Going for PGDM General can give an opportunity to focus on manufacturing / real estate and the FMCG sector.
The general preference of courses looked upon by potential students and alumni are PGDM Marketing then Banking and at last Human Resources.
No, Amity University Noida is not that good to pursue an MBA in HR. Last year 200 companies participated in placements. The highest package offered in placements was INR 12 LPA. The average package and median package stood at INR 6.59 LPA and INR 6 LPA, respectively.
So, the average package offered for an MBA in HR at Amity University Noida is significantly lower than your expectations or industry standards, it's indeed a crucial factor to consider when deciding on pursuing the program at that institution. A low average package can have implications for your return on investment (ROI) and your overall career prospects.
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:
|
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.
The answer can be divided into two main parts: Curriculum and Placements.
In terms of Curriculum, TISS is rated as having the best. Colleges whose core degree is not HR will be at a disadvantage when it comes to curriculum.
In terms of Placements, XLRI is ranked as having the best package and profile offerings, followed by a tie between TISS and SCMHRD. The colleges whose core is not HR will not offer as good a package post-MBA as compared to the colleges with core HR competencies.
In terms of packages offered, XLRI can be ranked the highest, followed by SCMHRD and TISS in a tie, and then MDI, SIBM, and XIMB.