There has been a surge in the number of applications for XIME, Kochi and the placement has been close to 100 per cent. In this interview with Careers360, Dr. Mathew J Manimala, Director Research, XIME Bangalore talks about the factors which make XIME different from other B-schools. According to Dr. Manimala, it is among the few institutes, which offers Entrepreneurship, and Business Ethics as core courses in the second year of the PGDM programme.
XIME also introduced faculty development programmes, launched a PhD programme of the University of Mysore to train faculty for B-Schools. Dr. Manimala has also announced plans about increase in intake, fee and change in admission process.
Read the excerpts of the interview of Dr. Mathew J Manimala, Director Research, XIME Bangalore
Careers360: XIME has inaugurated its third campus in Chennai. What were the factors that led to the expansion of the institute?
Dr Manimala: It is estimated that Tamil Nadu produces about 42,000 MBAs/PGDMs a year, of which only about 10,000 could be considered to be properly qualified in terms of academic quality and employability. This is grossly inadequate for an advanced state like Tamil Nadu. XIME Chennai hopes to start the PGDM programmes with an initial student intake of 120 which will eventually be raised to 240 students.
Careers360: How has been the response from the stakeholders for the XIME Kochi campus?
Dr Manimala: The response from the stakeholders of Kochi Campus of XIME has been excellent. There has been good demand for the programme at XIME Kochi with almost 120 approved seats being filled within 2 years. The average salary of the XIME Kochi students has increased from Rs. 5.5 lakh for the first batch to Rs. 6 lakh for the second batch, with almost 100 per cent placements. Number of applications to XIME Kochi has also gone up in the second year.
Careers360: How has been the application trend at your institute over the past few years? Please share data, if any.
Dr Manimala: XIME has been able to attract students from all over India for its prestigious PGDM programme.
This is evident from the increasing number and regional diversity of student applications received by XIME from year to year.
XIME Application Trend
No: of Applications Received
Careers360: What was the total intake in your two-year MBA programme for 2016 admission year? Do you plan to increase intake and fee for the upcoming batch?
Dr Manimala: Currently AICTE has approved an intake of 180 students for XIME, Bangalore and 120 students for XIME Kochi for the PGDM programme. There is a plan to increase the tuition fees from Rs 8 lakhs to Rs 10 Lakhs for the two year PGDM programme.
Careers360: The scores of which MBA entrance exams will you accept for admission year 2017? How much weightage will you give to CAT or other MBA entrance exam score for generating the final merit list?
Dr Manimala: XIME accepts the following entrance exam scores, namely: CAT, XAT, CMAT, and MAT for the admission of students to its PGDM programme. Candidates scoring 70 percentile in these exams are considered eligible for submitting the application and are not given any weightage in further processing. The eligibility cut-off will be raised from 70 percentile to 75 percentile from the next year in order to ensure better quality of applicants. For the next year’s admission, GMAT is also being considered for inclusion as eligibility test, and is under process.
Careers360: Have you introduced or planning to introduce special course/s related to Digital Marketing, Data or Analytics? Please also name some of the other new programmes that have been introduced in the past few years.
Dr Manimala: XIME offers Business Analytics and Digital Marketing as elective courses in Term V (in the second year) of the PGDM programme.
Other new electives offered are Consultancy Management under the HR Specialisation, Venture Capital and Private Equity under the Finance Specialisation.
XIME is one of the few institutes that offers Entrepreneurship, and Business Ethics as core courses in the second year of the PGDM programme. There are also a few other innovative core courses like Contemporary Business Environment (CBE), Learning Circles (LC) and Socially Useful productive Activity (SUPA), besides courses in foreign languages and soft skills.
Careers360: What is the total number of credits in your flagship PG programme? How many credits are assigned for non-academic activities? Also, please specify total hours of study during the course including ‘classroom’ Vs ‘field activity’.
Dr Manimala:The total number of credits in the flagship PGDM programme is 115. Each class has a duration of 70 minutes. A full course of three credits will have 30 classes of 70 minutes each.
A unique feature of XIME’s PGDM curriculum is the Socially Useful and Productive Activity (SUPA) which carries two credits, where the student carries out an internship with an NGO for three weeks during the winter-break. Besides, there is a five-credit Summer Internship Programme (SIP) with corporate organizations. These are not ‘non-academic’ activities in the strict sense, and may be characterized as ‘semi-academic’.
A Unique feature of XIME’s curriculum is the “Learning Circle” which carries one credit, “Contemporary Business Environment” which carries four credits (two each in two terms) and “Presentation Skills” which carries two credits.
Careers360: Do you have an incubation cell or entrepreneurship cell at your B-School? Tell us how does it function.
Dr Manimala: The XIME Business Incubator is launched and managed in partnership with Amplifi Business Incubation Pvt Ltd. Since the Incubation Centre is only a year old, we have graduated only one batch. The names of the first batch of companies are Live Cabs, Tellofy, Varsito, Anvaya Analytics, Refyaar, Trilyo.
The institute offers a core course on Entrepreneurship in its PGDM Programme. Besides, it periodically offers a three-week entrepreneurship development programme (EDP). There is also a proposal to launch an exclusive programme for women entrepreneurs, for which the institute has already received support from SIDBI.
XIME also has a student club (for Entrepreneurship) called ‘Empresario’, which aims to promote an entrepreneurial mind-set among the students and to stimulate interest in innovation and entrepreneurship. A successful ‘business venture’ of the Empresario Club is the ‘Coffee and Printing Shop’ they run on the campus.
Careers360: How IIMs can bring more transparency in CAT and further strengthen credibility of its testing system? Do you think IIMs should release question papers and answer keys after the test to increase the transparency?
Dr Manimala: CAT-related issues were mostly due to problems with the technology. We hope that CAT’s problems will be solved with the maturation of the technology.
Yes, releasing the question papers and answer keys to the public after the test can definitely bring in more transparency to the CAT-system.
Careers360: What are the key challenges that management education face today and how did you tackle them?
Dr Manimala: Some of the challenges being experienced by Indian B-schools include shortage of quality faculty in management education; limited interest among faculty for case-development, research and publication; difficulty in attracting industry experts to the teaching profession due to regulatory norms; restrictions on collaborative programmes with foreign universities and institutions.
There are several ways in which XIME has attempted to manage these challenges, which include: faculty development programmes, starting a PhD programme of the University of Mysore to train faculty for B-schools, conducting research/case-writing workshops for internal and external faculty, having a mix of faculty with academic and industry experience, organising student and faculty exchange programmes with foreign universities, inviting visiting faculty from abroad to offer courses, and so on.
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If you are inclined towards marketing only then XIMB will be a better option. In every ways XIMB is better than XIME be it a course on business management or Human Resource. But the placements are good in both the colleges and you can get a decent average package of 8-10 lakhs from both the colleges.
If you have scored lesser than 90 percentile in MAT being a general category student then your chances of getting into any of these colleges is very low as they have a certain percentage of seats only for MAT.
But if you are focusing on these two colleges only then you can appear for CAT or XAT for the next academic year. Or you can consider some other colleges based on your MAT scores.
Placements in college are satisfactory. The average salary package offered to the students of finance is around 7.50-8 LPA. The average salary package offered varies with different domains. Most of the companies that visit the campus are reputed ones, and even a bunch of startups visit the campus for placements. They offer good salary packages and good profiles. Marketing and finance domains always show good progress regarding placements, but the placements are always a question for domains like operations, human resource, and analytics
The cutoff for XIME Bangalore in GMAT is 75 percentile or above. Candidates securing 75 or more percentile in GMAT exam will be eligible for participating in the XIME Bangalore selection process or admission process. To know more about cutoff and admission in XIME Bangalore, you can visit this link: https://bschool.careers360.com/articles/xime-bangalore-cutoff
If you can wait and feel that you can perform better than your last attempt in CAT then I would suggest you should start working so that you can show some work experience. Interviewers don't like students who take gap year just to prepare for CAT entrance exam since CAT is an aptitude test, not an exam which requires the learning of facts and figures, unlike JEE or NEET and then you should write CAT exam in the coming November. No offence to these colleges but you will spend around 12-15 lakh and you won't get the placement of more than 6 lakh per annum from this college provided if you are in top 10% of your batch. A graduate who studied from a mediocre college earns between 3-4 lakh per annum so do you feel that a jump from 4 lakh to 6 lakh per annum with so much of investment is worth it? If you feel that you can work harder than before and can score percentile of at least 88 then only take a drop. If you don't feel that you can get a percentile around 90 in CAT then don't take a drop because even if you start with a low package, if you work hard then you can get better.
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