XLRI Jamshedpur vs IIM Lucknow ROI: Check Placement, Fee and Average Package Comparison

Preparing for MBA admission 2026? Don't know which business school will be best for finance and other specialization? Check comparison between the industry's renowned colleges like XLRI Jamshedpur and IIM Lucknow for MBA admissions in 2026. The comaprison details the key factors like Return on Investment (ROI), placement rates, fees, and average packages. It provides a detailed analysis to help candidates make an informed decision between these top management institutions.

Sep 22, 2026, 13:57 IST
XLRI Jamshedpur vs IIM Lucknow ROI: Check Placement, Fee and Average Package Comparison
XLRI Jamshedpur vs IIM Lucknow ROI: Check Placement, Fee and Average Package Comparison

MBA Admission 2026: Comparing XLRI Jamshedpur vs IIM Lucknow for management programs would require candidates to review factors such as return on investment (ROI), placement rate, fees and average package comparison to draw the best option. Through financial perspective XLRI Jamshedpur and IIM Lucknow put MBA, one is a private institution while the other is a government institution. Both the manegement colleges offers flourishing management career, while offering average salary between ₹31–33 LPA range. However, one must check courses and other factors to choose the suitable college for your management career. 

Whether you are comparing IIM Lucknow’s fee system and XLRI's  private university tuition, the detailed comparison shared here will help candidates make informed decision.  

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XLRI Jamshedpur vs IIM Lucknow: Key Details

The table shares key details comparing Xavier School of Management, Jamshedpur, and IIM Lucknow based on its establishment, courses offered etc. This is an overview of all the necessary details candidates must know to draw comparison between the top nstitution for management courses. 

Parameter
XLRI Jamshedpur
IIM Lucknow
Institutional Typology
Private Business School (Society of Jesus)
Public Business School (Government of India)
Year of Establishment
1949
1984
National Institutional Ranking Framework (NIRF) Rank
Rank #10 (Management, 2025)
Rank #5 (2025), Rank #4 (2026)
Global Accreditations
AACSB, AMBA, EQUIS (Triple Crown)
AACSB, AMBA, EQUIS (Triple Crown)
Flagship Programme Architecture
2 Years (PGDM-BM & PGDM-HRM)
2 Years (PGP)
Primary Entrance Examination
XAT (Xavier Aptitude Test)
CAT (Common Admission Test)
Average Placement Package (2025-2026 Cycle)
INR 31.40 LPA
INR 32.30 LPA - 33.20 LPA
Total Flagship Fees (Approximate)
INR 30.60 Lakhs
INR 20.75 - 21.04 Lakhs
Primary Campus Location
Jamshedpur, Jharkhand
Lucknow, Uttar Pradesh
Secondary/Executive Campus Location
Delhi-NCR (Jhajjar, Haryana)
Noida, Uttar Pradesh

Establishment and Historical Milestones

The table shares history and establishment details of both XLRI Jamshedpur, and IIM Lucknow. 

Parameter
XLRI Jamshedpur
IIM Lucknow
Founding Year
1949
1984
Founders 
Fr. Quinn Enright, SJ, with the support of Tata Steel leadership
Government of India, Ministry of Education
Historical Status
India's Oldest Business School
Fourth Indian Institute of Management
Geographical Origin and Ecosystem
Jamshedpur, Jharkhand (India's primary Steel City)
Lucknow, Uttar Pradesh (Northern Administrative Hub)
Initial Institutional Focus
Trade unionism, labor laws, collective bargaining, and industrial welfare
Advanced general management education, public policy, and institutional research
Key Early Milestones
  • 1953: Introduction of the first HRM program in the Asia-Pacific region

  • 1958: First batch graduates

  • 1962: Inauguration of current campus by President V.V. Giri
  • 1984: Inception as the 4th IIM

  • 2005: Establishment of the Noida campus exclusively for executive education
Modern Expansions
  • 1968: Full-time PGDM-BM launched

  • 2020: Delhi-NCR campus inaugurated
Expansion into niche sectors (Agribusiness, Sustainable Management)

Check| NIRF Ranking 2026: Top MBA Colleges in India, Parameters, Previous Year Rankings

Courses and Seat Matrix 2026-27

While appearing for XAT and CAT 2026, candidates should also check the management courses offered at these institutions. Along with number of seats available for each course. The management courses offered at both the institutions include, two year PGDM, MBA and Executive MBA programs. Check the detailed breakdown provided below. 

Course Category
XLRI Jamshedpur
IIM Lucknow
2-Year Program
PGDM - Business Management (BM)

PGDM - Human Resource Management (HRM) (180 seats)
Post Graduate Programme in Management (PGP) (Approx. 405-500+ seats)
Niche 2-Year Programs
XLRI-Rutgers Double Degree (Supply Chain & Global Strategy) (30 seats)
PGP in Agribusiness Management (PGP-ABM)

PGP in Sustainable Management (PGP-SM)
Full-Time Executive MBA (1-Year)
PGDM - General Management (GM) - 15 Months (120 seats, requires 5+ years work ex)
International Programme in Management for Executives (IPMX) - 1 Year (Noida Campus)
Working Professionals/Part-Time
Online PGDM (2 Years with campus immersions, 300 seats, requires 3+ years work ex)
PGP for Working Executives (PGPWE) - Weekend format

Blended MBA (bMBA)
Doctoral Programs
Fellow Programme in Management (FPM)

Executive FPM (EFPM) (4-5 years)
Doctoral Programme in Management (DPM)

Executive Fellow Programme in Management (EFPM)

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Fee Structure for Courses Offered (2024-2027) 

After reviewing the courses and admission options, candidates must check for fees required for different programs. 

For two year MBA Program, candidates have to pay INR 30.60 Lakhs at XLRI Jamshedpur, and around INR 20.75 - 21.04 Lakhs to IIM Lucknow. Similarly, for one year executive level program, the fees will range from INR 24.50 Lakhs to INR 27.50 Lakhs for both the colleges. 

Program Type
XLRI Jamshedpur
IIM Lucknow
2-Year MBA Program 
INR 30.60 Lakhs (PGDM BM & HRM)
INR 20.75 - 21.04 Lakhs (PGP, PGP-ABM, PGP-SM)
First Year Breakdown
Not explicitly granulated in sources; aggregate is 30.60L
INR 10.75 - 10.95 Lakhs (includes Tuition, Infra, Admission fees)
Second Year Breakdown
Part of total
INR 9.75 - 9.80 Lakhs
1-Year Executive Program
INR 24.50 Lakhs (PGDM-GM, 15 months)
INR 26.00 - 27.50 Lakhs (IPMX)
Double Degree 
INR 48.00 Lakhs (XLRI-Rutgers Double Degree)
INR 14.95 Lakhs (bMBA)
Part-Time / Online Programs
INR 14.50 Lakhs (Online PGDM)
INR 11.15 - 15.00 Lakhs (PGPWE)
Doctoral Stipend 
Fully funded, tuition waiver
INR 35,000 to 40,000/month stipend (DPM)

Admission and Selection Process (2026-2027)

The admission metrics and selection framework for both the college is derived from the provided details by each institution. 

  • To get into XLRI Jamshedpur, candidates must have qualified for XAT (Xavier Aptitude Test) while for IIM Lucknow, they have to appear for CAT (Common Admission Test). 

  • The test involves categories like VALR (Verbal/Logical), QADI (Quant/Data), Decision Making (DM), GK, DILR (Data/Logical), QA (Quantitative)

  • After qualifying for the exams, candidates have to appear for rounds like Qualitative Assessment Rounds, Written Analytical Essay (WAT/AEW), Group Discussion (GD), Personal Interview (PI)

  • The general category cutoff is expected between 94-96%- to 90-93%.While in CAT candidates should have 98-99%+ required for general category conversion. 

Find complete admission process and details provided below. 

Selection Parameter
XLRI Jamshedpur
IIM Lucknow
Primary Aptitude Test
Entrance Test Weightage (Final)
60% of final composite score
Variable (Test Score historically 30% for executive programs, heavily weighted in phase 1 for PGP)
Test Design / Core Sections
VALR (Verbal/Logical), QADI (Quant/Data), Decision Making (DM), GK
VARC (Verbal/Reading), DILR (Data/Logical), QA (Quantitative)
General Category Cutoffs
BM: 94-96% 
HRM: 90-93%
Minimum qualifying 90% (effectively 98-99%+ required for general category conversion)
Qualitative Assessment Rounds
Written Analytical Essay (WAT/AEW), Group Discussion (GD), Personal Interview (PI)
Writing Ability Test (WAT), Personal Interview (PI)
Group Discussion Format
8-10 candidates, 15-20 minutes duration, tests collaboration over dominance
GD generally omitted in favor of intense WAT-PI
Final Selection Weightages
XAT (60%), GD/PI (25%), Academics (10%), Work Ex/Diversity (5%)
CAT Score, PI, WAT, Academic Profile, Work Experience (Updated annually)

Macro Placement Statistics (2024-2026 Reporting Cycles)

During 2024 to 2026 academic cycle, XLRI Jamshedpur, and IIM Lucknow is reported to displayed 100% placement record. A total of 576 students participated in XLRI and 559-583 in IIM Lucknow. 

The highest international package was offered at XLRI Jamshedpur, which was worth INR 1.10 Crore while IIM Lucknow bagged INR 65.00 LPA. However, the average salary for both the institutions ranged between INR 31.40 LPA to 33.20 LPA in which IIM Lucknow stood at top for its average salary. 

Placement Metric
XLRI Jamshedpur (Batch 2024-2026)
IIM Lucknow (Batch 2024-2026)
Batch Size (Participating)
576 (combined Jamshedpur & Delhi-NCR)
559 - 583 Students
Placement Rate
100%
100%
Total Participating Recruiters
145 (including 25 first-time recruiters)
200+ Recruiters
Total Offers Made
576+ Domestic, 2 International
580+ to 604 Offers
Average Salary (CTC)
INR 31.40 LPA
INR 32.30 LPA - 33.20 LPA
Median Salary (CTC)
INR 29.00 LPA
INR 31.00 LPA - 32.90 LPA
Highest Domestic Package
INR 59.00 LPA (PGDM); INR 75.00 LPA (PGDM-GM)
INR 75.00 LPA - 1.00 Crore
Highest International Package
INR 1.10 Crore
INR 65.00 LPA
Pre-Placement Offer (PPO) Rate
42.5% (up from 34.17% in 2025)
Highly significant (exact % integrated into final process)
Top 10% Average Salary
INR 49.20 LPA
Not explicitly isolated in provided data
Top 25% Average Salary
INR 44.18 LPA
Not explicitly isolated in provided data

Sectoral Placement Breakdown (2025-2026)

The sectoral placement breakdown lists the comparison of two institution since 2025-26. It offers a detailed statistical report exhibiting the percentage of graduates hired into specific industries.

As per the official data, XLRI Jamshedpur offered 36% placement in Management Consulting/Strategy, the most numbers in the industry, followed by BFSI (Banking, Finance, FinTech) offering 18% - 20% and IT & Analytics / ITES showing 15% - 17% placement percentage during the 2025-26 cycle. Whereas, IIM Lucknow offered placement in Management Consulting / Strategy between 35% - 38%. 

Sector/Domain
XLRI Jamshedpur 
(% of Batch)
IIM Lucknow 
(% of Batch)
Management Consulting / Strategy
36%
35% - 38%
BFSI (Banking, Finance, FinTech)
18% - 20%
15% - 18%
IT & Analytics / ITES
15% - 17%
14% - 15%
Sales & Marketing / FMCG
12% - 15%
10% (Product Mgt & Marketing)
General Management / Operations
12% (includes Manufacturing)
12% - 21%

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Alumni Power and Global Influence

To determine the credibility and long term legacy of institutions, checking Alumni power and Global influence offers a clear insight for evaluation. The comparison made below between XLRI Jamshedpur, and IIM Lucknow, details total alumnus across each institution, also listing famous vertical and entrepreneurial leaders that are creating name, and spreading the legacy of the management colleges. XLRI Jamshedpur holds the edge here, providing bigger alumni network and renowned names in banking, and global entrepreneurship. 

Parameter
XLRI Jamshedpur
IIM Lucknow
Network Size & Reach
23,000+ alumni across 50+ countries
Massive network integrated with the broader Pan-IIM ecosystem
Dominant Global Verticals
Global HR Leadership, FMCG CEOs, Banking Chiefs
Strategy Consulting, Public Policy, FinTech Founders, Tech C-Suite
Notable Alumni (Corporate Leaders)
  • Leena Nair (Global CEO, Chanel; Ex-CHRO Unilever)

  • Sandeep Bakhshi (MD & CEO, ICICI Bank)

  • Vineet Nayar (Former CEO, HCL Tech)

  • T.V. Narendran (CEO, Tata Steel)

  • Rakesh Kapoor (Former CEO, Reckitt)
  • Arvind Krishna (CEO, IBM)

  • Roopa Satish (Banking Leadership)

  • Strong presence in Indian unicorn ecosystem
Notable Alumni (Policy/Govt)
Vikram Misri (Foreign Secretary of India, Ex-Ambassador to China)
Deep integration into Indian Administrative Service (IAS) and economic advisory councils
Entrepreneurial Leaders
  • Krishnakumar Natarajan (Co-founder, Mindtree)

  • Dhaval Shah (Founder, PharmEasy)

  • Varun Alagh (Co-founder, Honasa/Mamaearth)
  • Kavish Gadia (Co-founder, Stones2Milestones)

  • Ritesh Agarwal (OYO - note: dropped out)

The factors provided here is essential in comparing the two institutions to pursue management programs. Knowing which business school offers best return on investment under an affordable fee structure, while also providing alumni network will help make better decision.

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Jaya Gupta

Executive - Editorial

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