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Will someone be eligible to apply for PGDM BM at XLRI, Jamshedpur if one has secured less than 50% in graduation?
To get into XLRI Jamshedpur, the eligibility for PGDM (BM) states that you must hold a bachelor's degree in any discipline of minimum 3 years duration or equivalent from a recognized university. Final year students can also apply. There is no minimum requirement of percentage in graduation. So, yes you’re eligible for applying.
How is the BM course of XLRI Jamshedpur different from management courses present in any of the IIMs?
I seriously doubt that you will have much success in locating a student who has taken both of those classes. It is more prudent to make an effort to get this question answered by members of the faculty that are shared by both institutions. There is a significant amount of faculty exchange between XLRI Jamshedpur and the other IIMs, most notably IIMCal.
XLRI Jamshedpur's BM program interested me. Academic standards are high, in my opinion. It had less access to the world in Jamshedpur. As a result, students participated in fewer international exchange programs, guest lectures, visiting faculty, hands-on chances, and genuine projects, all of which would have likely improved education.
How good is business management in XLRI?
XLRI, Jamshedpur is one of the most prestigious business schools in India, and if you are looking for a career in management, it can be an excellent choice for you. Here are some reasons to help you understand why XLRI stands out among other business schools:
- XLRI is known for its academic excellence, industry-oriented curriculum, and diverse student community. The faculty comprises experienced professionals and renowned scholars who provide rigorous training and mentorship to students.
- The course structure at XLRI is designed to equip students with the latest knowledge, skills, and competencies required for managerial roles in various sectors such as consulting, finance, marketing, operations, human resources, and entrepreneurship. The curriculum includes core courses, electives, projects, internships, and international exchange programs that offer a holistic learning experience to students.
- XLRI has a robust placement cell that facilitates campus placements for students in top companies in India and abroad. The placement record of XLRI is impressive, and many leading companies visit the campus to recruit students. The average salary package offered to students is also high compared to other business schools.
- XLRI has a vibrant student community with a diverse mix of backgrounds, interests, and talents. The campus offers a conducive environment for academic, cultural, and sports activities, and students can participate in various clubs, committees, and events to enhance their skills and network with peers.
- XLRI has a strong alumni network comprising successful leaders and entrepreneurs who are actively involved in mentoring and supporting current students. The alumni association of XLRI offers various programs, events, and initiatives to connect students with alumni and facilitate knowledge sharing and career guidance.
- XLRI has a reputation for social responsibility and ethical leadership. The institute offers several programs and initiatives to promote sustainable development, social entrepreneurship, and corporate social responsibility. XLRI is also known for its values-based education that fosters empathy, integrity, and teamwork among students.
In conclusion, XLRI, Jamshedpur is a reputed business school that offers excellent academic, career, and personal development opportunities to students. If you are interested in pursuing a career in management and want to join a dynamic and diverse community of learners and leaders, then XLRI can be a great choice for you.
Which is better purely in terms of placement, XLRI BM or HRM?
Although choosing a course just based on placement records is not a good idea, there are some insights you must know before deciding.
- Placement is for the first job which you might do for 2–3 years while your career will span for 30–35 years. You should choose what you feel you want to be doing.
- You must have heard that HR roles offer you better work-life balance but it might not be true in every case. It depends a lot on the company, your manager, and your role. If work-life balance is your criteria, you might feel a shock when you join a company. HR might not have business targets but you may face other pressures.
- Placements in any campus depend on your luck too. HR batch strength increase in XL might make the competition for the good roles a little higher because the number of HR roles is limited. BM batch is still divided amongst Fin/Mar/Ops camps giving them specific roles but the number of opportunities might be higher.
All in all, placements won't secure your future in any way if you choose a field where you aren’t interested.
What advice would you give to a fresher joining for an MBA in BM at XLRI?
If you are joining MBA BM at XLRI, be prepared for the rigorous course structure. XLRI batch profile will include students from IITs, NITs, BITS, and other reputed colleges around the country and abroad. So, scoring decent grades won’t be easy.
If you don’t have a decent past academic record, it will be difficult to secure summer internships. But if you have good CPI in XLRI, you can compensate for it. You need to maintain good grades to receive better placements, as well.
What are BM and HRM in XLRI?
XLRI Jamshedpur has been ranked 1st for Management programs by NIRF amongst the private institutions of the country. It offers PGDM programs in BM and HRM, which are Business Management and Human Resource Management respectively, that are two-year full-time programs.
Admissions:
|
Particulars |
PGDM in Business Management |
PGDM in Human Resource Management |
|
Total seats |
180 |
180 |
|
Fees |
INR 23.60 L |
INR 23.60 L |
Curriculum:
PGDM BM:
- The curriculum is designed to cover both core and foundation subjects with respect to business.
- It offers conceptual and analytical understanding by combining management theory and practice.
- The course structure is constantly evolving to provide students with the most updated industry trends.
PGDM HRM:
- It has a focus on core subjects like HR Information systems, HR planning, Performance management and Training and development.
- It also includes courses in the functional areas of management with a mix of open elective in a wide variety of subjects.
Placements:
PGDM BM:
- It offers a 100% placement rate with a highest CTC of 40 LPA while offering a median CTC of 21.4 LPA.
- The major recruiters are ABB and Accenture, Bloomberg, E&Y, Bank of America.
PGDM HRM:
- Average placement rate has been around 90% with the highest CTC of 35 LPA and an average CTC of 17 LPA.
- The top recruiters are AgroTech and Airtel, Amazon, American Express.
Both these specializations are highly ranked by both national and international authorities. Business Management is its flagship course, but faculties of all courses are highly qualified, few being advisors to RBI, World Bank and UN. It is on the individual to carefully choose a course after comparing all factors and work diligently to excel in that field.
How different is PMIR from the BM course as offered by XLRI?
Xavier Labour Relations Institute or XLRI is located at Jamshedpur, Jharkhand. For the year 2020, XLRI was ranked 9th by NIRF in the Management category.
The HRM (Human resources management) program was formerly known as the PMIR program. BM (Business Management) program is different from HRM with respect to the contents of the course curriculum. At XLRI, a total of 360 seats are available for HRM/BM.
Admission
- A valid score in XAT is required for admission in the programs along with graduation in a relevant field.
- For the year 2020, the XAT cutoff for PGDM HRM and PGDM BM was 94 and 96 respectively.
- The fee structure for both PGDM HRM(formerly PMIR) and PGDM BM is INR 11.8 lakhs for a 2 year- course.
Additional Information
- At XLRI, students are offered scholarships of Rs. 1.75 LPA.
- There is a 5% relaxation in total aggregate marks for SC, ST, and OBC candidates.
- An overall relaxation of 10% is given to SC, ST, OBC, and women candidates.
Academics
- HRM (formerly PMIR) course aims to impart skills related to the management of HR to students like Human Resource Planning etc in a manner that is contributing to the overall development of organizations and individuals.
- BM course aims to inculcate a conceptual understanding of current management theory with respect to Indian and international business.
Placement:
- XLRI has an Alumni base of more than 16,000. It has tie-ups for exchange programs with over 15 international institutions.
- In the year 2020, the IT/ITES sector recruited 30% of the total students, becoming the largest recruiter for the college.
The table given below shows the placement statistics of the institute:
|
Aspect |
XLRI |
|
No. of students placed |
90 |
|
Major recruiters |
KPMG, PricewaterhouseCoopers, Accenture, Microsoft, Amazon, P&G. |
|
Highest Domestic CTC |
INR 26 LPA |
|
Average Domestic CTC |
INR 15.42 LPA |
|
Highest International CTC |
INR 58.22 LPA |
Campus Life -
- XLRI has an Interdisciplinary Behavioral Lab, designed specifically for the study of human subjects.
- There are many extracurricular societies and Interest groups like Dracula, SIGMA - Oikos, AXIOM, Bodhi tree, CEASE, etc.
As can be observed from the facts listed above, the primary difference between HRM and BM courses lies in the contents of the academic curriculum followed. Courses should be selected according to the skill needs of the student.
Why does everyone talk about XLRI HR and not BM? Is BM bad at XLRI?
It is not a question about whether or not BM is bad, and HR is good. XLRI is more known for HR because it has stuck with the brand. The brand XLRI primarily had an established legacy in Industrial Relations (IR). Which later converted into HR. XLRI established its reputation as an IR concentrated institution following the Independence of the country.
BM, on the other hand, was inaugurated only afterward alongside older IIMs. This has somehow resulted in leading to the XLRI brand getting generally and mostly associated with HR, and not BM. It’s rare to find any industry or top-tier companies in the country where the top HR personnel is not from XLRI.
Now when talking about BM at XLRI, there is definitely a strong and successful alumni base from BM in the industrial sector. In fact, for further recruitments, alumni of XLRI get placed in McK, BCG, and several more from the BM sector.
Shall I go for PGDBM from NMIMS, or shall I go for PGCBM from XLRI, Jamshedpur? Please feel free to advice any other course, apart from these two related to EMBA. I have 5 plus years of experience.
XLRI has a strong reputation for Human Resource (HR) management and Industrial Relations (IR) studies. If an individual is specifically interested in HR/IR, then XLRI would be a better option compared to NMIMS (Narsee Monjee Institute of Management Studies). However, if you are looking for a general management program, then NMIMS would be a better choice because of its excellent peer group and rigorous curriculum.
XLRI is still a good institute for other streams, but it is more specialized in HR and IR. Similarly, NMIMS is known for its general management program, and it may not have the same level of expertise as XLRI in HR/IR.
Which will give me the exposure and on-site working experience: XLRI, HRM, or BM?
One of my friends is studying at XLRI. To her, there is no difference or classification of the amount of international exposure or on-site opportunities, based on specializations. The points below provide a clear picture of the modes of international exposure that students of XLRI receive during their course and afterward.
- There is a student exchange program in XLRI, which provides foreign learning opportunities to students.
- The institute has tie-ups with several international business schools like ESADE, Audencia, Darden, and EM Lyon.
- Almost 20% of students from the batch get the opportunity to spend a semester in one of the foreign institutes. Among them, most of the seats are available to HR and BM students.
- Students get the benefit of interacting with international students and get used to the global perspective of MBA.
- In terms of internships and placements, the working experience of candidates totally depends upon the job role offered by the company.
- In certain cases, companies send their summer interns abroad to their offices.
- There are HR interns from HUL, who worked in the United Kingdom during their internship period.
Therefore, specialization is not the mode of distinguishing chances for on-site opportunities, and the factor is entirely based on the company’s business requirements.
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