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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.
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.
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.
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.
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.
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.
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.
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