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IIM vs XLRI: In a world full of courses, pursuing a management course is a dream come true for many aspirants. Speaking of which, there are two institutions which are quite renowned and have gained fame in the area of management. These two include – the Indian Institute of Management (IIMs) and Xavier School of Management (XLRI). Over the years, both these institutions have gained accolades as well as respect. Often people get confused over which institute is the best. Therefore, in this blog, you will learn about both institutes and find an answer to the question “Is XLRI Better than IIM?”
Before we get into the blog, here is an overview of both colleges which will help you with the same.
| Name of the Colleges | XLRI | IIM |
| Founding Year | 1949 | 1961 |
| Full Names | Xavier School of Management | Indian Institute of Management |
| Best Specialisation Offered | PGDM – Human Resource Management (HRM) and IR | MBA/PGP and several other specialisations |
| Courses Offered | PGDM, EFPM, FPM, Fellowship in Human Resource Management | MBA, PGP, PGP-FABM, EPG, PDGHRM, PGPPM, etc. |
| Campuses | Jamshedpur and Jharkhand | 21 IIMs across India |
Table of Contents
Difference Between XLRI and IIM
Here is the basic difference between XLRI and IIM colleges which will provide you with the basic difference. It will also help you with your decision in choosing the college at your convenience.
| Particulars | IIM | XLRI |
| Academic Programs | Several management disciplines | Best PGDM, PGDBM programs |
| Faculty | Accomplished faculty with industry experience and focus on research | A blend of academic skills and real-world application. |
| Infrastructure | Diverse campuses | Modern classrooms,well-stocked campuses |
| Placement | Exceptional placement records | Impressive placements and focus more on socially responsible organisations |
| Entrance Exam | CAT | XAT |
| Admission Process | Rigorous selection process with multiple rounds | Demanding selection process |
| Fee Structure | Relatively higher fees | Investment in education with substantial returns |
| International Exposure | Opportunities for international exposure are given to students via exchange programs and collaborations | Similar international opportunities are given through various programs |
Here is an in-depth look at how different both the colleges – IIM and XLRI are. They will provide you with a basic idea of both based on several factors.
Academic
The Indian Institutes of Management (IIM) are one of the most renowned colleges in India. These colleges provide students with courses on management disciplines which gives them various choices to make in terms of their career. Some of the most specialized courses offered by this college are two-year Post Graduate programs in Management (PGPM) in courses like finance, human resources and marketing.
On the other hand, XLRI provides its students with its flagship program Post Graduate Diploma in Management (PGDM) and Executive Development Programs. Both these programs cater to different segments of the student community.
Faculty
The faculty at IIMs are considered to be stalwarts in their field bringing along a wealth of industry experience as well as academic expertise. These accomplished professors contribute not only to the classroom teaching but also to the research projects.
Whereas, XLRI prides itself on the faculty that it has to offer. The professors are not only exceptional at imparting theoretical knowledge to the students but also bridging the gap between theory and practical knowledge.
Placement
One of the best things about IIMs is that they have exceptional placement records. These institutes are known to have strong connections with top companies in the industry. With this robust network, there is a high rate of successful placements for those who graduate.
Some of the top recruiters who come to IIM are Accenture, Amazon, McKinsey and Company, BCG, Hindustan Unilever Limited, Aditya Birla Group etc.
XLRI on the other hand too boasts an impressive track record when it comes to placement. This institution has a reputation for producing top-notch leaders.
Some of the top recruiters who come to XLRI are KPMG, Deloitte, Amazon, Aditya Birla Group, IBM, Accenture and several others.
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Is XLRI Better than IIM from a Jobs & Salary Perspective?
After completing the MBA course from both IIM and XLRI, the salary package from both colleges will vary from position to position. Here is the basic salary structure for all jobs.
| Job Role After MBA in IIM | Average Base Salary |
| Finance Manager | INR 18 LPA |
| Product Manager | INR 29 LPA |
| Marketing Manager | INR 15 LPA |
| Operations Manager | INR 15 LPA |
| Job Role After MBA in XLRI | Average Base Salary |
| HR Manager | INR 25 LPA |
| Business Analyst | INR 15 LPA |
| Labour Relations Manager | INR 18 LPA |
| Social Impact Consultant/Manager | INR 12 LPA |
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Which is Better – IIM or XLRI?
So, we come to the main question – Which one is better – IIM or XLRI? It is very important to note that both the colleges – Indian Institute of Management (IIMs) and Xavier School of Management (XLRI) are excellent in the field of management education. Each institution is known for carrying its legacy and values.
In terms of choosing as to which one institution is the best. Then the choice lies in individual aspirations and preferences. When choosing the best institute, one needs to note that it aligns with your goals and values.
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FAQs
XLRI offers its students with two-year full-time programme on Business Management. Upon completion, the students are then offered to opt for a Postgraduate Diploma in Business Management (PGDBM). This program is considered to be extremely prestigious.
Yes, XLRI offers 100 per cent placements to its students.
To be a part of the IIM, the student needs to graduate with a minimum of 50 per cent aggregate marks or equivalent CGPA.
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