Comparing XLRI and IIM Lucknow in terms of placements can be difficult unless you have personally gone through the process at either institution. Both institutions have a variety of firms that come to recruit from them. However, it depends on your career aspirations and interests. If your focus is on HR, XLRI is the better option. However, if your interests lie in other areas such as marketing and finance, IIM Lucknow may be a better fit as it has more firms that regularly visit across these domains, particularly in consulting.
In terms of infrastructure, IIM Lucknow has better on-campus facilities for both recreation and academics. However, it is worth noting that the infrastructure at both institutions should not present significant problems.
Finally, when considering the alumni network, the IIM tag opens more doors. XLRI is a well-respected brand, but the sheer number of IIM Lucknow alumni in the job market makes it stand out.
In conclusion, the decision between XLRI and IIM Lucknow largely depends on whether or not you want to study HR. If you do, XLRI is the better option, otherwise, IIM Lucknow is a better choice in terms of placements, infrastructure, and alumni network.
I think I am the right person to answer this question as I have worked with graduates from the aforementioned top B Schools in India and my brother was a student at ISB. With the combined experience and knowledge I have, I dare to comment that ISB is an overhyped B school in India. What makes it stand is its amazing infrastructure, founding members, and the whole Western-style education. However, if you look at its academic style, I don’t find it very appealing. It fails to prepare students well and does not meet the standards of the 4 IIMs (ABCL) and XLRI.
Placements-wise one can comment that ISB is a notch better than XLRI and FMS but it is on the same level as IIM Lucknow.
Ultimately, the brand value of a business school is a matter of personal opinion and is subjective.
XLRI is among the top B-Schools in the country. After IIM A, B, and C, it is the preferred MBA destination for most aspirants. XLRI placements and academics are top-notch. Students of the institute receive a median CTC of around INR 29 LPA.
XLRI is also among the oldest management institute in the country and has an excellent brand presence. So, leaving IIM K, I for XLRI will be definitely worth it.
Yes, there are many people who converted IIM, XLRI, FMS calls, even with a poor academic record. I personally know someone who scored less than 50 percentile in engineering yet got accepted at XLRI. He performed well in MBA and now works as a senior HR at a major eCommerce company.
Academic record isn’t the only thing that these institute takes into consideration while selecting students. Your entrance examination score, performance in GD-PI, extracurricular achievements, etc. are equally important.
XLRI doesn’t have a management quota. Every aspirant seeking admission needs to take XAT. If you clear the required cutoff, you will get a shortlist. Shortlisted candidates need to further go through the GD-PI round to get admission.
The admission process for other top B-Schools is similar. The admission is merit-based. You will need to clear the entrance test, and the GD-PI round, to be considered for admission.
XLRI Jamshedpur has been ranked 9th for Management by NIRF in 2019.The student intake for the General Management programme is 120 and total fees is around 21 lacs.
Curriculum:
Faculty:
The faculty members are all industry professionals and follow a strict teaching methodology that empowers students to think beyond boundaries and provide them with adequate training to become future industry leaders.
Infrastructure:
Placements:
It observes an average placement rate of around 80% for the general management program, with maximum (54%) placements within the IT/ITES industry followed by consulting (14%).
XLRI being an old and one of the most reputed institutes of the country is also ranked as the best private management college by various surveys. It is on the individual to carefully scrutinise the course in a particular college and then decide.
It can be affirmatively stated that JBIMS is considered one of the best business schools in India. The trio of IIM A/B/C holds a distinct brand value compared to other top colleges in the country and globally. The brand recognition and respect of the IIM institutes have increased due to its status as an "Institutes of National Importance" and the widespread accomplished alumni base both in and outside of India.
JBIMS boasts an impressive list of notable alumni, including Vinita Bali, the Managing Director of Britannia, Lalita D. Gupte, Chairperson of ICICI Venture Funds Management Company, and Chanda Kochhar, Managing Director & CEO of ICICI Bank, India, just to name a few. Moreover, the Managing Directors and CEOs of some of India's largest companies such as ICICI, HUL, Kotak Mahindra, and Piramal are alumni of JBIMS.
Yes, you need to apply for XLRI separately. The application form of the XAT and XLRI is similar and you need to pay an extra amount for applying for XLRI. XAT exam is conducted on behalf of XAMI. You should register for admission at XLRI just before the last date to avoid any last-minute complications.
If you are registering only for XAT, you need to pay only 1500 for registration. Whereas, if you are registering also for XLRI, you need to pay 250 rupees extra.
Also, in the XAT registration if you are applying for XLRI then you are supposed to choose the program of your choice i.e. Business management/ Human resource management/ Global business management and general management program.
XLRI is the better option among these. The institute has a strong industry presence. According to the recent highlights, XLRI placements are pretty good. During the 2022 placement drive, the average CTC offered was INR 30.73 LPA. While the highest CTC offered was INR 60 LPA.
XLRI is widely reputed across the country. If you check the credentials of multinational brands operating in India, most of them are XLRI alumni.
Student life at XLRI is much better compared to IIM L. The personality development programs of XLRI are pretty good and help students gain management and leadership traits. IIM L has a more traditional approach toward academics.
Top B-Schools have created an Invincible persona and have successfully marketed it over the years; however, there is now a demand-supply mismatch, with seats at all B-Schools almost doubling or tripling in the last decade, and a slew of new IIMs or branches of top colleges such as MDI Murshidabad, IIFT Kolkata, NITIE, FMS Delhi, and XLRI Delhi. The colleges will suffer as a result of the lack of job offers from top companies. The only increase can be attributed to recently funded startups that have started hiring from these colleges by offering outrageous packages.
There are students who are unable to be placed during the normal Summers / Finals process, but these colleges use their star alumni base to place the remaining 5-8 students in companies cofounded by the alums or through alums who have been placed in top positions in traditional corporates.