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XLRI Jamshedpur and SPJIMR Mumbai are two of India's top private business schools known for their excellent academics, industry connections, and high placement records. While XLRI is famous for its Human Resource Management (HRM) and Business Management (BM) programs while SPJIMR stands out for its PGDM program offering strong value-based education with a focus on ethics and social sensitivity.
XLRI is one of the oldest B-schools in India known for its rigorous curriculum and strong alumni network. SPJIMR located in Mumbai has the edge of being in the financial capital of India offering better corporate exposure.
Both institutes have similar admission processes involving entrance exams (XAT for XLRI and CAT for SPJIMR) followed by interviews. SPJIMR also places weight on work experience and profile-based selection.
Choosing between the two can be difficult as both of them are the premier management institutes of India. The selection depends on the candidate's goals as XLRI is ideal for HR careers while SPJIMR is great for general management and niche specialisations.
XLRI Jamshedpur vs SPJIMR Rankings & Accreditations 2025
Ranking 2025
Rankings | XLRI | SPJIMR |
NIRF Ranking 2024 | 9 | 20 |
IIRF Ranking 2026 | P-2 | P-1 |
QS Global Ranking 2025 | 201-250 | - |
FT Global Ranking 2025 | 83 | - |
Accreditation
Institute Name | Accreditations |
XLRI Jamshedpur | AACSB, AMBA, NBA |
SPJIMR | AACSB, AMBA, EQUIS |
Compare XLRI Jamshedpur with SPJIMR Fees & Course 2025
XLRI Jamshedpur Program and Fees 2025
Full-Time Programs
XLRI Programs | Fees |
PGDM-HRM | ₹30.60 Lakhs |
PGDM-BM | ₹30.60 Lakhs |
PGDM-GM | ₹25.9 Lakhs |
PGDM-IEV | ₹16.5 Lakhs |
PGDM-LSCM | ₹30.00 Lakhs |
EDHRM | ₹4.95 Lakhs |
Online Programs
XLRI Programs | Fees |
PGDM-HRM | ₹14.4 Lakhs |
PGDM-BM | ₹14.4 Lakhs |
PGDM-Finance | ₹14.4 Lakhs |
PGDM-HRM Program for Emerging CHROs | ₹16.50 Lakhs |
Postgraduate Certificate Program
XLRI Programs | Fees |
Postgraduate Certificate in Business Management Programme | ₹ 4.00 Lakhs |
Postgraduate Diploma in Management – Human Resource Management | ₹ 4.00 Lakhs |
Postgraduate Certificate in Business Analytics | ₹ 4.03 Lakhs |
Postgraduate Certificate Program in CSR Leadership | ₹3.00 Lakhs |
Postgraduate Certificate in Senior Leadership Programme | ₹ 4.20 Lakhs |
Executive Diploma in Advanced Business Strategies for CXOs | ₹ 4.00 Lakhs |
SPJIMR Programs and Fees 2025
Full-Time Programs
SPJIMR | Fees |
Post Graduate Diploma in Management (PGDM) | ₹22.50 Lakhs |
Post Graduate Diploma in Management (Business Management) | ₹22.50 Lakhs |
Post Graduate Programme in Management (PGPM) | ₹21.00 Lakhs |
Global Management Programme (GMP) | ₹8.70 Lakhs (For 6 months at SPJIMR Mumbai). Total Fees ₹25 - ₹97 Lakhs |
Part-Time Programs
SPJIMR | Fees |
Post Graduate Executive Management Programme (PGEMP) | ₹9.95 Lakhs |
Post Graduate Programme in General Management (PGPGM) | ₹9.5 Lakhs |
Post Graduate Programme in Development Management (PGPDM) | ₹3.00 Lakhs |
Post Graduate Programme in Marketing & Business Management (PGPMBM) | ₹4,69,500 |
Modular & Online Program
SPJIMR | Fees |
Post Graduate Programme in Family Managed Business (PGPFMB) - Modular | ₹18.98 Lakhs + GST |
Post Graduate Diploma in Management Online (PGDM Online) | ₹10.00 Lakhs |
XLRI Jamshedpur and SPJIMR Placements 2025: A Comparison
Because of their stellar academic reputations and impressive placement rates, XLRI Jamshedpur and SPJIMR Mumbai are frequently compared when discussing the best business schools in India. For MBA aspirants evaluating career outcomes, placements are a key deciding factor. A quick placement comparison between the two is given below:
Institute & Program Name | Highest Package | Average Package | Recruiters |
XLRI Jamshedpur - PGDM (BM) | ₹75.00 Lakhs per annum | ₹31.08 Lakhs per annum | Airtel, Amazon, Accenture etc. |
SPJIMR – PGDM Program | ₹81.00 Lakhs per annum | ₹32.10 Lakhs per annum | Deloitte, HUL, Godrej etc. |
Compare XLRI Jamshedpur with SPJIMR cutoff
The cutoff comparison of XLRI Jamshedpur’s PGDM-HRM program and SPJIMR Mumbai’s flagship PGDM program is given below:
Cut-Off | 2025 |
XLRI Jamshedpur (PGDM-HRM) | XAT – 92 percentile |
SPJIMR (PGDM) | CAT – 94 Percentile |
XLRI vs SPJIMR: Selection & Entrance Exam
Selection Process for MBA Aspirants at SPJMR
SPJIMR selects candidates based on a combined score that includes:
Your academic background
CAT or GMAT scores
Relevant work experience (optional)
Performance in two group interview rounds
Your overall profile
Note: At SPJIMR candidates have to choose their specialisation (like Finance, Marketing, etc.) while applying for the program.
Selection Process for MBA Aspirants at XLRI
XLRI admits students by considering:
XAT exam scores
Academic record
Work experience
Essay writing
Personal interview performance
CAT vs XAT: A Simple Comparison
Particulars | CAT Exam | XLRI |
Duration of the Exam | 2 Hours | 3 Hours |
Total No. of Questions | 68 Questions | 95 Questions |
Sections in the exam | 3 Sections | 4 Sections |
Order for Section Navigation | No (Order is Fixed) | Yes (Navigation is allowed) |
Time per section | Yes | No |
College Accepting Score | SPJIMR | XLRI |
Marking Formula Used | -1 (no penalty for TITA) | -0.25 wrong, -0.1 unattempted (after 8 questions) |
XLRI vs SPJIMR: History & Campus Comparison
XLRI vs SPJIMR: History
XLRI Jamshedpur founded in 1949 by Jesuit Fathers, is among the oldest and most prestigious B-schools in India. It has a rich tradition of providing value-based management education best known for its flagship PGDM courses in Human Resource Management (HRM) and Business Management (BM).
On the other hand, SPJIMR Mumbai was established in 1981 and is governed by Bharatiya Vidya Bhavan. Although younger than XLRI, SPJIMR has developed a robust reputation for its innovative teaching process, early specialisation choice and emphasis on ethics and social sensitivity.
XLRI vs SPJIMR: Campus Comparison
In terms of campus, XLRI is situated in the industrial town of Jamshedpur and spread over 50+ acres with a picturesque and tranquil background apt for concentrated study. It has also expanded with an additional campus in Delhi NCR. SPJIMR has its campus in Mumbai, India's financial capital with strong industry interface and improved connectivity owing to its prime city location. The campus of SPJIMR approximately of 45 acres is small but up-to-date with hostel facilities available (though not plentiful). XLRI has a fully residential course with spacious hostels whereas SPJIMR offers fewer hostel seats. XLRI in general offers a serene learning environment whereas SPJIMR is enhanced by high corporate interaction and better access to business networks.
FAQs
Both SPJIMR Mumbai and XLRI Jamshedpur are two of India's leading B-schools. XLRI is famous for its flagship HRM & BM program and rich legacy while SPJIMR is famous for its robust marketing and finance curriculum as well as value-based model for leadership. Selecting between the two largely depends on your favourite area of specialisation and long-term professional aspirations.
XLRI accepts scores from the Xavier Aptitude Test (XAT) while SPJIMR considers CAT and GMAT scores for admission. So, if you’re targeting both colleges you’ll need to plan accordingly based on the exams they require.
In the recent placement reports, SPJIMR had an average package of ₹32.10 Lakhs per yearwhile PGDM HRM at XLRI averaged ₹31.08 Lakhs per year. The gap is narrow and both institutions have top recruiters with handsome salary packages.
The highest placement package provided at SPJIMR went up to ₹81.00 Lakhs per annum whereas the highest package of XLRI was ₹75.00 Lakhs per annum for its PGDM-BM batch. These amounts indicate the high-value job postings both schools can achieve for its best-performing students.
XLRI is in Jamshedpur with a more extensive, residential campus providing a serene academic atmosphere. SPJIMR in the midst of Mumbai offers great industry exposure as it is based in a city but has a smaller campus.
Yes, SPJIMR provides students with the option to select their specialisation (such as finance, marketing etc.) during application. It shortlists candidates based on both profile-based and score-based considerations, assigning weightage to work experience and diversity of academics.
Yes, both XLRI and SPJIMR have very high-level international accreditations. XLRI has AACSB and AMBA accreditations and SPJIMR is accredited by AACSB, AMBA and also has NBA accreditation.
