XLRI Jamshedpur is among the top B-schools in India and placed above many Indian Institutes of Management (IIMs) in prestigious B-schools Rankings.
In this interview, XLRI Director Fr E Abraham speaks what makes this institute different from other B-schools. Contrary to the emphasis on gender, educational, and work experience based diversity, which is reflected in admission process of top B-schools including IIMs, the XLRI Director believes in the word diversity only in terms of “'hinking'.
He advises MBA aspirants to choose a B-school which focuses on refining thinking ability; and teaches cross- functional competence, functional domain knowledge and team work. He also advises aspirants to visit the B-school campus to verify their claims prior to making a final decision on admission.
Read interview with XLRI Director Fr E Abrahm below:
Careers360: How management education is evolving in India?
Fr E Abraham: With the Indian economy getting more mature and diversified the importance and need for high-end, skilled professional programs like MBA is definitely on the rise. In the years ahead, alongside the start-up boom, various sectors of the Indian economy will require business leaders who have specialized expertise across management domains like finance, marketing, human resources, operations management, IT etc.
Careers360: What is the total intake in the flagship PG programme in Management in XLRI Jamshedpur? Please also mention annual fee (excluding hostel charges) for the same?
Fr E Abraham: Our flagship BM & HRM Programmes has a capacity for a total of 360 students. The fee for PGDM -HRM/BM programme is Rs. 8.10 lakh per annum for 1st year and Rs.8.65 lakh for 2nd year (excluding boarding and lodging charges).
Careers360: How have been the placements at XLRI for 2015 batch? Any trend you noticed during the placement season?
Fr E Abraham: There was 100% placement at XLRI in 2015. The Final Recruitment process saw participation from 108 recruiters, inclusive of 45 new recruiters with 321 offers made for a batch of 300 students over a period of 3.5 days. The median salary offered to the batch is Rs 17.00 lakh per annum. The top 3 best practices in placements this year at XLRI were –
Sales & Marketing - 40%
Finance - 23%
Consulting - 16%
Careers360: How was PPOs at the campus? How was the share of e-commerce players in the job offers that were made at campus?
Fr E Abraham: It was pretty impressive this year. A total of 99 students were offered PPOs (Pre-Placement Offers) from their summer internships, a near 25% increase over the past year.
Further, job offers from ecommerce companies doubled this year. More than 8% of students got offers from e-commerce/start-ups as compared to around 4% last year.
Careers360: What will be your selection criteria for PGDM programme for academic session 2016? Is there any institutional emphasis on gender and academic diversity to accommodate more female and non-engineer students?
Fr E Abraham: Like every year, our selection criteria are based on XAT/ GMAT score, besides the GD & PI rounds.
XLRI has been conducting Xavier Aptitude Test (XAT) for over 45 years at All India level. The paper pencil mode and has always aimed to select the most appropriate candidates who wish to pursue management education.
We do not believe in diversity for diversity’s sake. Hence, gender, educational, work experience based diversity is rather restricted way of looking at it. For us, diversity is in terms of “thinking”.
Careers360: What is the USP of your flagship programme which differentiates it from the others? How do you plan to enrich your management programme in next 1-2 year?
Fr E Abraham: XLRI with its singular vision of Magis, i.e., pursuit of excellence, focuses on three areas - academic excellence, personal values and social concern. Over many years XLRI has developed its own identity. The hallmark of this identity is, not to walk on the beaten path but to strike new routes; not to benchmark but to be benchmarked, to be second to none but to be the first to respond to the needs of the people and the nation, by taking up the tasks which are bold but necessary which nobody has hitherto taken up. This enterprising and pioneering spirit can be witnessed throughout the history of XLRI.
XLRI spares no effort to make its curriculum world-class and deliver it in the most effective manner. It constantly scans the developments in business and in society and tries to proactively meet the challenges. Its world-class faculty with its commitment and deep sense of service delivers the curriculum very effectively.
Careers360: How has been the XAT registration so far? What are your expectations on total number of registrations for XAT 2016?
Fr E Abraham: We have had a good response for XAT 2016. We expect the registration to cross last year’s figures.
Careers360: Any message to B-school aspirants?
Fr E Abraham: It is important that students should analyze multiple parameters while deciding to join an MBA institute such as unique pedagogy, culture prevailing at the institute, updated and relevant curriculum, faculty, infrastructure, alumni and placements. Before taking admission, one should try to visit the campus to get an idea whether the institute fulfils all the parameters or not. A good MBA institute hones your thinking ability, teaches cross- functional competence, functional domain knowledge and team work.
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With such a ascore its difficult to get in top b colleges like XLRI.However you can go for LPU .It is much better than the other colleges.MBA from LPU is rewarding since you get quality education with an innovative updated rigor here at reasonable cost and unbeatable placements.Moreover,The Business School of LPU is accredited from ACBSP, Accreditation Council for Business Schools and Programs from the USA ensuring quality education and industry experienced faculty members, studying in LPU will get a degree accredited from a body of USA.MBA packages at LPU has been worth 37 lacs per annum at the highest till date.
Last year the cutoff for Xavier School of Management Jamshedpur PGDM(BM) was 96 and this year it has increased due to the increasing population.
and the cutoff for XLRI PGDM(HRM) was 94.
To know more check this link: https://bschool.careers360.com/articles/xat-cutoff.
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