If you aspire to build a rewarding career in Human Resource Management and desire to be in one of the best schools in our country, the two management institutes that you should consider are:
a) Xavier Labor Relations Institute (XLRI ) – Jamshedpur
b) Tata Institute of Social Sciences(TISS) – Mumbai
Both these schools have produced some of the best Human Resource Managers in the country. With the operational size of companies increasing, there is a vast talent crunch in our country and this is only going to get more acute in the future. To get, retain, develop and train people in organizations is becoming a challenge in our booming economy.
Human Resources is no more a traditional staff function in organizations; it has become mainstream and is now of strategic importance to all organizations. Look at ICICI, Infosys, Telco, Bharti, Reliance, Birla Group, Maruti, ONGC – to name a few – each of these organizations boasts of more than 50000 employees and they now want to double their employee strength over the next 2-3 years. Imagine the task that the HR Department has in these organizations. Some of these corporates have more than 500 people working in HR itself. Add to that the many consultancies – international and Indian – that have opened shop here, one of them being Hewitt. As a specialization, HR has as much scope as any other function, such as Marketing, Finance, or Systems.
XLRI
XLRI is arguably India’s oldest business school. It was founded in 1949. It is counted among the top 5 business schools in India. The HR (PM&IR) program at XLRI is widely regarded as the best in Asia. A selection ratio of 158:1 makes it one of the toughest Institutes to get into. XLRI is a legendary leader in HR and Marketing. In recent years, a solid reputation has been built in the Finance and Consulting Areas as well.
The institute offers various programmes, such as those in Business Management , Personnel Management and Industrial Relations amd General Management.
l 27% of the students signed out with offers from the Finance sector from companies like Lehman Investment Banking, EightCapital Hedge Fund, Indea Capital, Lotus Asset Management, JPMorgan Chase, The Carlyle Group, Edelweiss, Rabo Bank, Goldman Sachs, HSBC, Citibank, Standard Chartered, ICICI Bank, Axis Bank and SBI Capital Markets.
l 21% of the offers came from the Consulting sector from companies such as KPMG Consulting, Ernst & Young Human Capital, Hay Group, Hewitt Associates, Mercer Consulting, Accenture Business Consulting, Deloitte Consulting and IBM Business Consulting.
l 37% of the students signed out with offers from FMCG/Manufacturing firms such as Asian Paints, Britannia, Cadbury, Coke, Colgate-Palmolive, GlaxoSmithKline, HUL, ITC, Johnson & Johnson, Marico, Nestle, P&G, Pepsi and Reckitt Benckiser.
l A total of 12 international offers were made, at an average of $90,000, with the highest offer coming in at $100,000.
l Domestic offers scaled a high of Rs. 28 lakh, while the average domestic offer stood at Rs. 14.75 lakh
The XAT is the common test for admission into XLRI. 60 other Institutes also accept XAT scores. The test consists of an essay component apart from objective questions.
l Registration for XAT 2009 starts 01-Sep-2008
l Registration for XAT 2009 ends 30th Nov 2008
l Last date for submitting completed forms 5th December 2008
TISS
TISS offers programmes in various fields such as Social Work, Human Resources Management and Labour Relations, Health Administration, Hospital Administration, Education (Elementary), Development Studies, Disaster Management, Globalisation and Labour, Social Entrepreneurship, Media and Cultural Studies, Disability Studies and Action, and Public Health. From this academic year, it will be offering two more M.A. Programmes — Counselling and Women’s Studies
l The mean compensation package touched the magical ’six figure’ mark.
l The trend leaned towards Consulting, with the crème de la crème of the industry such as KPMG, Ernst & Young, Pricewaterhouse Coopers, Hewitt Associates and Accenture making offers to students.
l Recruiters such as Proctor & Gamble, HUL, ITC, Nokia, Tata Sons, Marico, Cadbury, Pepsi and Nestle vied for the best HR talent in the country.
l The BFSI sector was represented by Deutsche Bank, HSBC, Axis Bank, Lehman Brothers and Fidelity.
l IT sector biggies such as Wipro Technologies and IBM were also in contention.
| Total Batch Size |
42 |
| Students Participating |
25 |
| Number of PPOs Offered |
19 |
| Number of PPOs Accepted |
16 |
| Number of Companies |
26 |
| Highest Salary |
INR 16.0 lakh p.a. |
| Median Salary |
INR 11.25 lakh p.a. |
| Average Salary |
INR 11.30 lakh p.a. |
Admission to the programmes of this institute is on the basis of the TISS test. The Written Test has two parts. Part I is the Common Objective Test for all the programmes, which consists of 3 sections: General Awareness/Knowledge about Current/Contemporary Social Issues; Analytical/Logical Reasoning and Quantitative Ability; and Verbal Reasoning. The duration of the test is 45 minutes. Part II of the test is different for different programmes.
The Written Tests for all programmes and the Group Discussion (only for Social Work) will be held on December 14, 2008. Students can apply for not more than three programmes.
Last date to submit completed application form : October 24, 2008
Thanks “IMS” for this information. For more details you can log onto myIMS – the IMS student page - www.imsindia.com/myims
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