IIM Calcutta and XLRI Jamshedpur have a protracted rivalry that spans back several decades. The rivalry's beginnings can be found in the 1960s when both institutes were founded.
The first management institute to be founded with government assistance in India was IIM Calcutta, which opened its doors in 1961. The Society of Jesus founded the XLRI in Jamshedpur, which is one of India's oldest management institutions, in 1949.
IIM Calcutta and XLRI Jamshedpur have established a reputation as two of India's top management schools throughout the years. IIM Calcutta places a lot of emphasis on marketing and finance, whereas XLRI Jamshedpur places a lot of emphasis on human resources management.
Students and alumni from both institutes frequently engage in friendly competition and banter, making the rivalry between the two institutions mostly a friendly one. The competitiveness between the colleges is particularly pronounced during activities like business quizzes, debates, and other intercollegiate contests.
XLRI GMP (General Management Program) is structured beautifully and ideal for students with more than 60 months of experience in the industry. The courses are updated with the latest industry trends. Scope of peer learning is huge. You will get to learn a lot from the experienced peers you will share your classroom with. As per the highlights of the past few years, XLRI placements for GMP are pretty good. The average CTC for the program is INR 17.8 LPA.
You can definitely consider joining XLRI- Delhi. The placements are combined with the Jamshedpur campus. The placement data for the 2023 batch is as follows-
|
Particulars |
Placement Statistics 2023 |
|
Median CTC |
INR 30 LPA |
|
Average CTC |
INR 32.7 LPA |
|
Median CTC for Delhi |
INR 28.5 LPA |
|
Average CTC for Delhi |
INR 31.8 LPA |
Barclays, Deutsche Bank, Emaar Properties, HSBC, Indigo Edge, Mercedes Benz, Nykaa, Samagra Governance, Shell, and Zomato were among the new final recruiters. Among the legacy recruiters such as Aditya Birla Group, American Express, Asian Paints, Hindustan Unilever, P&G, TAS, Microsoft, and others, Accenture Strategy, Amazon, Bain & Company, BCG, PayTM, and PwC made the greatest number of job offers.
Given these facts and the fact that it is present in Delhi-NCR, it seems like a good option and can definitely be considered.
XLRI BM is the better option. It is an old B-School and ranks right after IIM A, B, and C. It has a large and varied alumni network. You will find XLRI alumni in almost every reputed companies.
XLRI BM has a smaller batch size. So, it’s easier for students to get decent job opportunities. XLRI placements are great. During the 2022 placement drive, the average CTC received by the students was INR 30 LPA.
Considering the excellent infrastructure and faculty members these institutes offer, it gets really difficult to choose any one of these for higher studies. However, some of the factors would be helpful for you to make the decision.
Ranking:
XLRI has reportedly ranked 1st among the top private management universities by Outlook India 2020’s evaluation reports. IIM L was ranked 4th by NIRF in 2020 and IIMK was ranked 6th for its MBA program by NIRF in 2020.
Admission:
Aspiring students have to clear exams including GMAT, XAT, and CAT in order to get admission at XLRI for its MBA program. There are around 600 seats available for various streams. The estimated course fee remains to be around 5-10 Lakhs.
Those who want to enroll in the MBA program at IIM K, have to clear the CAT exam.
To take admission to IIM L, students have to clear CAT, GMAT, and GATE. For PGDM courses, students have to clear GMAT, XAT, CAT, and GATE.
Placement:
XLRI:
XLRI offers 100% placements to the students.
Some of the top recruiters are Aditya Birla Group, Amazon, Microsoft, are ITC, JP Morgan, Ramco Systems, Accenture, Sapient, ATG Tires, Lodha Group, RPG, Udaan, P&G, Colgate Palmolive, Ola, Myntra, Samsung, C K Birla, Power Finance Corporation among others.
The highest and medium salary packages remain to be around 50 LPA and 12-15 LPA.
IIML:
It offers 100% placement to its students.
The top recruiters are JCB India, Bosch, Apparel group, Tolaram Group, RPG Group, and more.
The highest and the medium salary range remain to be around 54 LPA and 23 LPA.
IIMK:
Students get 98% placement and the highest and the medium salary package remains to be around 40 LPA and 18 LPA.
Some of the top recruiters who offer internship and job opportunities are Cognizant, Wipro, Amazon, Airtel, City Bank, Deloitte, Nestle, Bosch, Microsoft, Raymond, and more.
All the institutes offer boys and girls hostel accommodation inside the college campuses. The rooms are spacious and well-equipped with necessities such as an iron bed, almirah, study table, attached bathroom, and more. Apart from these, all the campuses offer modern facilities and advanced digital features with good faculty members.
IIFT, SP Jain, XLRI, and FMS all four institutes are reputed and counted among the top B-Schools in India. For these institutes, your preference order should be as follows.
FMS>IIFT>XLRI>SP Jain
This ranking is based on different parameters such as academics, placements, ranking, faculties, student crowd, etc. FMS offers the best ROI. According to the recent placement highlights, the average CTC for the institute is INR 32.4 LPA. While FMS Delhi fees are around INR 1.92 Lakhs.
XLRI comes with its own unique culture as suggested by my brother. Unlike other institutes that are surrounded by annual rankings and business publications like the IIMs whereas XLRI is not like this.
Overall, the college will give you a sense of completeness as a family and everyone is ready to help if you ever need any. Of course, you are also expected to help them back in the future.
Honestly speaking, it might be very difficult to secure admission in the aforementioned B Schools with low academic scores. However, these are not the only B schools in India providing excellent Management education. These B Schools require a decent academic background with a good CAT score. The list is as follows
Please bear in mind that getting admission to any BSchool depends on your individual profiles and not on the policies of the institute.
This depends on the score in XAT and CAT. If you are aiming for IIM Ahmedabad or IIM Bangalore or IIM Calcutta, then a CAT score of close to or more than 99.8 percentile is needed for a general category student.
You may get a call from other new IIMs such as IIM Kozhikode, IIM Indore, IIM Lucknow, and IIM Shillong. As far as 2nd and 3rd generation IIMs are concerned, then a score of more than 96 percentile is enough to secure the interview call.
For XLRI Jamshedpur a XAT score of more than 98 percentile is enough to get a call for the interview process. The institute gives somewhere in the range of 10% - 15% weightage to 10th, 12th, and graduation marks.
Next is your performance in the WAT and PI which will determine your eventual admission.
XLRI is a really good institute to go for. The ethos, culture, and diversity are all enigmatic. One of my friends studying there suggests that you can learn and grow simultaneously.
Placement stats:
|
Categories |
GMP at XLRI |
|
Top recruiters |
Accenture, Aditya Birla Group, AgroTech, Airtel, Amazon.com, Capgemini, IBM, HCL, etc. |
|
Average salary package |
19.6 LPA |
|
Highest salary package |
48 LPA |
|
Median salary package |
19 LPA |
|
Course Fee |
20.95 lakh |
It is not a disadvantage to not be an engineer. A consulting career requires more analytical ability, business awareness, and thought process.
All you have to do is work a little harder to achieve your goals. So, go ahead and start preparing for your career and you'll make it. Ultimately your performance will matter rather than being an IT or a non-IT background.