Is it worth investing 11 lacs in Rural Management from XIMB? Can the amount be recovered after 2-3 years of placement?
Posted On - Apr 20, 2021XIMB Rural Management is worth the investment of 11 lakhs. It is among the best MBA-RM programs in the country. The return on investment is sound. The recovery rate will depend on your course performance and placements. Generally, it's possible to recover the fees within 2-3 years of placements.
Over the last few years, XSRM has maintained a record 100 percent placement rate. The average CTC for Rural Management is around INR 8 LPA. The highest goes up to INR 17 LPA. Microfinance banks, Rural development sectors, Finance, and Marketing are the major sectors that take part in XIMB placement. Pradan, Ujjiwan, Rural Yellow, etc. are the major recruiters for XSRM.
XIMB-RM lands under the umbrella of XUB, the brand. Xavier University, Bhubaneswar is ranked tenth among the Top 50 Private State Universities in India by the Outlook ICARE University Ranking 2020.
Winning Status:
Apart from the general business management program, it is worth investing the fee of INR 11 Lakhs in the rural management program.
Reasons:
- There is an increase in the scope of this field because of change in the socioeconomic factors and government policies on rural upliftment.
- The rate of recovering the ROI on the performance of the students in the campus placements.
- The placement figures are below.
|
Average Salary |
INR 8 LPA |
|
Average of Top 50% |
INR 9.33 LPA |
|
Average of Top 20% |
INR 10.84 LPA |
|
Average of Top 10% |
INR 12.65 LPA |
|
Highest Salary (Domestic) |
INR 15 LPA |
- The placement is in different fields covering, NGOs, banks, consulting firms, and FMCG companies. Therefore, it depends upon the student’s area of interest.
- It is possible to repay the loans in approximately a year and a half.
- The brownie points of joining the RM program are that there are nearly around five thousand management professionals in competition to five lakh HR & BM professionals.
The amount invested in the institute can be quickly recovered before two years of the job after the course, but only if the student is inclined towards the branch. There are lucrative growth prospects in RM that is higher than any other branch. The reason being, the way the government is trying to develop rural India.
