XLRI - Xavier School of Management - [XLRI], Jamshedpur - Scholarship Details

Jamshedpur, Jharkhand AICTE, NBA, AACSB, AMBA Estd 1949 Private 54 Questions Answered Ranked 9 For MBA By NIRF 2020 +7 more

XLRI - Xavier School of Management - [XLRI], Jamshedpur : 54 answered questions

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Ques. Which one is a better option among the three, XLRI (HRM), IIFT Delhi or IIM Indore?

● Top Answer By Hitaishi Bhatia on 01 Feb 21

Ans. XLRI is the best option among these three colleges, undoubtedly. It is one of the top 10 Business schools in India along with a great brand reputation both inside and outside the industry. If you are planning on doing an MBA in HRM then XLRI is the best shot. Here is the list of reasons behind XLRI being the preferred choice. Career Goals- The choice of college depends mostly upon the choice of subject. For HRM (Human resource management) XLRI is the best fit. However, if you have an interest in trade, commerce, and foreign exchange trade then IIFT is the perfect place.  If you are unsure about your choice of the area then IIM is a good option. It will allow you to explore different streams and different subjects, and ultimately decide the subject in which your interest lies. Completing an MBA from XLRI in HRM doesn’t imply that their scope is constricted to one particular area. It is often seen that students from HRM establish a career for themselves in general management, marketing, systems or operations, etc.  Reputation- The brand of a college does play a pivotal role in the career trajectory of a student. XLRI- It is the oldest management institute in the country. Its’ alumni have been placed globally at senior positions. IIFT- It is a top-rated institute in the foreign-trade area with a strong alumni base. IIM Indore- As it is a new IIM, the brand value is comparably low.  Placement- Cross-functional placement opportunities are present in XLRI given that the student has an excellent track record. One thing should be kept in mind amidst the placement procedure, there are multiple times when top-recruiting companies hire students and assign them various functions outside the student’s area of expertise. Which makes specialization less important.  Teaching and learning quality- The quality of education imparted at XLRI is extremely good, the students are from various backgrounds. Thus the interactions between students are a learning experience in itself.  The combination of people in the department, especially in the HRM department is diverse and good. The class entails at least 40% of engineers, and the rest of the students are from IITs, BITS, NITs, etc.  Thus, to conclude the discussion XLRI is the best choice for a student who wants to pursue an MBA. Have a good day.Read more
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Ques. What is the average package a normal person gets in IIMs, XLRI, FMS or ISB Hyderabad?

● Top Answer By Nikita Joshi on 16 Jan 21

Ans. When you are talking about the normal person, you must be clear about who this normal person is. Is it a person who is in the middle when people are arranged as per the salary package they receive? If yes, then you are looking for the median salary value.  The median value of packages for old IIMs, XLRI, and FMS ranges somewhere between 18-25 lakhs per annum while for new IIMs and other B-schools, the median value ranges between 10-16 lakhs per annum. The packages differ year after year. Also, there are many factors that come into consideration while deciding the average package received by a normal person in any of the institutes be it IIMs or other b-schools.  The average package in a particular specialization may be higher in a specific institute. For eg: XLRI gets the highest median packages for HR specialization, but not for other specializations.  The table given below will help you understand the average package that a normal person receives at the IIMs, XLRI, FMS, and ISB.  College Average Package (2019-2020) Indian Institute of Management 18-25 LPA Xavier School of Management 21-23 LPA Faculty of Management Studies 21-25 LPA Indian School of Business 18-24 LPA Do not blindly rely on the placement reports as most of these reports are unaudited. Do thorough research before you apply for the management program.Read more
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Ques. Which MBA college is good: XLRI, ISB or IIFT?

● Top Answer By Mansha Azad on 15 Jan 21

Ans. IIFT is an excellent institution not particularly in India but also in Asia. It is a 55-year-old institution under the ministry of commerce and has the best to offer in areas of International Business and Foreign trade. ISB is quite reputed among students. The global ranking is the selling point and XLRI carries class and quality. It depends on what specialization you want to choose.  The table shows a brief overview of the institutions. Particulars XLRI Jamshedpur ISB Hyderabad IIFT Delhi Median Salary INR 15 LPA INR 25.7 LPA INR 18.20 LPA Entrance Criteria XAT/GMAT GMAT / GRE IIFT Fees Rs. 4.26 Lakh Rs. 37.49 Lakh Rs. 7.6 Lakh Comparison: For Foreign trade and Int business, IIFT is way better than even IIMs, let alone XLRI and ISB.  IIFTs has affiliations with WTO, UNESCAP, WORLD BANK, and other UN and international research organizations.  For HR, XLRI is better than the others. It can be called the Mecca of HR studies. XLRI has a global reputation for HR.  XRLI is the first B-school that TATA established to direct the early dreams of Indian business management directed at reconstructing India into a compelling economy.  ISB offers a great brand name and a global ranking. So, choose the institute based on your choice of specialization.Read more
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Ques. What is the review of XLRI GMP program?

● Top Answer By Supriya Sarkar on 11 Nov 20

Ans. XLRI is a well-known college for all general management program courses. The college has been ranked in the 9th position in the list of top B-Schools in India by NIRF. And XLRI is the 3rd best B-School by Business Today. Also, it’s recognized as the hub for career growth and prospects for management students. Here are a few quick highlights of the college in the General Management Program(GMP). Admission Process: XLRI accepts students for GMP purely based on the entrance exams and academic excellence. Students get admission through XAT. While NRI students get admission either through XAT or GMAT. GMP is a 15-month program. Candidates should hold a minimum of bachelor's degree with at least 5 years of experience in management or supervisory. The total course fee is 20 LPA. The total seats in this course are 120. Students are enrolled based on the entrance exam and personal interview. Placements: The college has a 100% placement record each year. Over 350 students get placed in several companies with good salary packages. The highest and average domestic salary packages are 30 LPA and 20 LPA respectively. While the highest and lowest international salary packages are 58 LPA and 15 LPA respectively. Over 25% of the students hold 21 LPA, 10% of the students hold 23 LPA and over 50% of the students hold 20 LPA. 86 students get placed in the top companies from GPM. Out of these, 20 students hold international work experience through internships and other workshops. The most frequently visiting companies for general management students are Amazon, Dell Genpact, ITC, Tata Consultancy Services, Deloitte, Cognizant, Accenture, Goldman Sachs, Fidelity, Syntel, Byjus, ACT, PWC, EY, KPMG, AON, Korn Ferry, Vector Group, Everest Group, Thoucentric Consulting, Infosys, and many more. This is all about the General Management Program in XLRI. The college also has an excellent library with over 60,000 books, e-books, magazines, etc. Also, all the professors are experienced and hold the highest degrees in their respective fields.Read more
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Ques. What should I opt for: BM in XLRI or HRM in XLRI?

● Top Answer By Satyam Purwar on 11 Nov 20

Ans. Both the courses are best in their unique aspects and give you the best career growth. Business management and HRM courses have good faculty members holding the highest degrees in their respective fields. Also, both the specializations have good placement records. Here are a few more quick facts about the BM and HRM courses. Admission process: The admission process is purely based on entrance exams and academic excellence. The domestic students should take XAT exams while the NRI students should take GMAT tests to apply for these courses at XLRI. The required XAT cutoff for BM and HRM in 2020 was 96 and 94 respectively. Also, the candidates should pass their graduation with good scores. Placement: The college has a 100% placement record. Each year several students get recruited in the topmost companies with the highest packages. The highest and average domestic salary of the students is 26 LPA and 15.42 LPA respectively. While the international packages of the highest and lowest salary are 58 LPA and 15 LPA respectively. HR students get a comparatively bit more placement offers than business management students. Business management students get various job roles such as managing director, in the sales department, marketing department, strategists, and many more. While HR roles include HR consulting, HY analytics, Assistant Vice President, etc. Recruiting Companies The several companies that are frequently visiting the campus in business management sectors are TAS, Aditya Birla Group, Mahindra, Capgemini ELITE, Reliance Industries, Xiaomi, RPG, Hinduja, ACT, McKinsey & Co., The Boston Consulting Group, Accenture Strategy, Deloitte, PWC, EY, KPMG, AON, Korn Ferry, Vector Group, Everest Group, Thoucentric Consulting, Infosys. The companies visiting for the HR candidates are P&G, ITC, JP Morgan and Chase, Colgate Palmolive, Myntra, Ola, Power Finance Corporation, Samsung, C K Birla. This is all about both courses at this college. So, choose the best course based on your interest and preferences rather than ranking, placements, and other aspects.Read more
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29 Reviews found


R
9.5 /10

Loan/ Scholarship Provisions

The total cost of the study is about 25L including residence costs. The fee hike is about 10% for each batch. Its fee is at par with the best colleges in India and is typically the same except that of FMS. There are enough merit and means based scholarship available.

10 /10 placement
9 /10 college
9 /10 course
9 /10 interview
10 /10 internship
10 /10 campus life
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S
8.9 /10

Loan/ Scholarship Provisions

The fees are about INR 1 lakh a month each for 24 months. This is similar to the fees for MBA colleges of decent repute. The fees are hiked by 10% every year but it was not hiked due to the pandemic for the current batch. There are many merit-based and needs-based scholarships offered both in house and by external organisations. XLRI has an excellent track record of campus placements for both summer and final placements.

10 /10 placement
7 /10 college
6 /10 course
10 /10 hostel
10 /10 interview
10 /10 internship
9 /10 campus life
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AB
9.5 /10

Loan/ Scholarship Provisions

The cost to study is on the higher side, but at par with other institutions of similar quality (barring FMS) Overall, including accommodation and all other miscellaneous expenses, students can expect a pocket pinch of 24 lakhs in 2 years. However, banks rush in to provide loans, without any co-borrower or collateral. Scholarships are available, but rare. The fee hike was restricted this year by National regulatory bodies.

10 /10 placement
9 /10 college
9 /10 course
9 /10 interview
10 /10 internship
10 /10 campus life
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VS
8.7 /10

Loan/ Scholarship Provisions

The fees of the college are as much as a B school asks for taking into consideration the various accreditations XLRI has and the high-quality education it strives to provide. Apart from that, the average annual package of the institute is 20lacs/annum.

10 /10 placement
8 /10 college
8 /10 course
8 /10 interview
10 /10 internship
8 /10 campus life
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NK
7.4 /10

Loan/ Scholarship Provisions

I had personally observed a fees hike of 10% almost every year. People who join by giving XAT the fees are almost 23.60 lakhs There were various scholarships. Aditya Birla Scholarship. Offers three scholarship of INR 175000 p.a. each to HRM-1 and BM-1 students, on the basis of merit and selecrion as per the company criteria. Pirojsha Godrej. Offers a scholarship of INR 25000 to HRM-1 and BM-1 students , on the merit cum need basis. XLRI Diamond Jubilee (Juniors). Offers two scholarship of up to INR 255000 each for first-year tution fees to HRM-1 and BM-1 students, on the merit cum need basis. I was offered no scholarship.

6 /10 placement
8 /10 college
7 /10 course
8 /10 interview
8 /10 campus life
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RC
9.3 /10

Loan/ Scholarship Provisions

They offer merit-based scholarships, in which students who have scored topper marks in their past academics like in class 10, class 12. They also offered scholarships for the students who belong to SC, ST, OBC categories.

10 /10 faculty
9 /10 placement
8 /10 social life
10 /10 course
9 /10 hostel
10 /10 campus life
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UM
9.3 /10

Loan/ Scholarship Provisions

The institute itself provide multiple scholarship to the students based on the merit. It also supports all the scholarship opportunities provided by the central and state Government. Loan facilities at XLRI are like a cake walk. Nearly all banks line up to provide instant loan without any collateral.

10 /10 faculty
10 /10 placement
10 /10 social life
10 /10 course
8 /10 hostel
8 /10 campus life
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Placements

Highest Package 5,850,000
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Faculties

A. Kanagaraj Professor, Department of Finance
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Reviews

9.5 /10 Student Satisfactory Rating

"XLRI Jamshedpur"

Being the oldest B-School in India and one of the most prestigious colleges, XLRI is famous for the esteemed faculties, state of the art facilities, and extensive peer learning opportunities. The college has a very rational and merit-based selection process that starts from XAT and concludes with an eye-opening interview experience. It's an experience for the life filled with unmatched opportunities for both theoretical and practical learning. The elaborate curriculum which ensures the expansion of a student's horizon through case-based practical learning and intense application of concepts makes it the most preferred B-School for me.

by Rituraj
8.9 /10 Student Satisfactory Rating

"XLRI Jamshedpur review"

XLRI is among the Top 5 B-Schools of India and is the Oldest B-School as well. It boasts of a premier brand value and hence one gets access to the best companies, roles and opportunities. XLRI has admissions only on merit and there is no quota or relaxation mechanism in the selection process. The admission process is similar to that of other B-Schools and includes an exam, GD, PI etc. As XAT is conducted in January after most of the main exams are done, one gets the chance to focus more and also gauge how hard one has to push for results in this exam since some results of other exams are usually out by this time. I referred to the website of various coaching classes and also talked to past a

by Student
9.5 /10 Student Satisfactory Rating

"Placed, but not yet started summer internship"

Good: placements are great, most of the faculty are knowledgeable, the XL culture is renowned and builds character, many committees for varied interests Bad: Administration is not sympathetic to the needs of students, fees are high XAT is more logical based, compared to CAT which is heavier on how much you have practiced. You may be able to crack XAT with very less prep if you have the right attitude and mindset. This is the best call I got, hence chose this college. I preferred it over my next best call, MDI Gurgaon based on discussions and reviews by existing students of the colleges

by Aranya Basu