Deciding which B-school to opt for is always a tormenting task for students willing to pursue management studies especially, if the challenge lies between deciding amongst two pioneer management institutions. Management education is one of the most crucial make or break degrees for those who wish to enter in management side as it is a completely transitional degree which changes or creates an altogether different career path for students. Therefore,all the necessary information regarding the two well established B-schools and very well known for their management degree courses.
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Contents
Location
Xavier Labour Relation Institute or XLRI is situated in Jamshedpur and owes its existence dated back to 1949. XLRI accepts only XAT and GMAT scores.
Symbiosis Institute of Business Management or SIBM is located in Pune and was established in the year 1978. SIBM offers admissions based on its own entrance test SNAP.
Courses offered
XLRI offers PGDM in business management, PGDM in General management (finance, marketing) and PGDM in HRM. XLRI is quite known for their HRM program and is amongst the top 10 for HR in India.
SIBM offers MBA in marketing, finance, operations and Human Resources management. SIBM is popular for their marketing and operations specializations.
Batch strength
Total student intake for XLRI Jamshedpur is 360 (180 seats for HRM programs and 180 for general management) whereas the total intake for SIBM, Pune has a batch size of 180 students.
Program Fees
The 2-year program fees for PGDM in BM and HRM is Rs 16.80 lakhs in XLRI Jamshedpur and Rs 16 lakhs for PGDM in GM whereas, the 2 years program fees for MBA in SIBM Pune is Rs 18.25 lakhs
Accreditation
XLRI Jamshedpur has multiple accreditation from The Association to Advance Collegiate Schools of Business (AACSB) and Association of MBAs (AMB) and has also earned the accreditation of the National Board of Accreditation (NBA). SIBM Pune has been accredited by NAAC with ‘A’ Grade
In-depth placement analysis
Let us now have a look at one of the most crucial aspects which all candidates look for while selecting a B-school which is the previous year (2016-2018 batch) placement statistics.
Sector Wise Prominent Companies Which Visited the Campuses
XLRI also witnessed recruitments from PSU’S like HPCL, IOCL, and GAIL.
There have been a subsequent increase in the average package for XLRI from past 2 years, increase in the number of PPO’s and also the entry of PSU’s which indicates that the companies have huge faith in the quality of education and students studying in XLRI.SIBM also witnessed significant changes in their placement statistics.
There was an increase in average salary from previous years and there was a sharp increase even in the number of PPO’s.
Final Verdict
Well undoubtedly, after comparing and carefully examining all the overall parameters the final verdict definitely is in favour of XLRI, Jamshedpur. Comparatively the fees of XLRI is lower than SIBM, it also stands higher on ranking charts and even the number of visiting companies the average package offered and the highest package offered was also higher for XLRI.
However, since SIBM comparatively had the number of FMCG companies visiting on campus if we go based on specializations then,
For those looking for marketing and operations – SIBM, Bangalore is an ideal choice
For those targeting HRM and general management – XLRI should be the choice without any doubt.
For finance- Its almost similar for both but XLRI being higher in ranking should be the ideal choice.
For IT – PUNE being the IT hub SIBM would be a better choice since it attracts more companies in the IT field.
For consulting- It is XLRI since it had all the major consulting firms coming on campus.
