XLRI and IIFT are both excellent. What matters is which one you are able to enter. Simply focus on each exam and consider it important, and you will be admitted. When you have a choice, you can make a decision. In terms of the alumni network, corporate connect, international collaboration, placement, PPOs, and offers, both Business Schools rank higher than many IIMs. 

Although you can consider XLRI slightly better than IIFT because of the following factors:
 

Factors	XLRI	IIFT
Established	1963	1949
BT Ranking	9	3
NIRF Ranking 2022	24	8
Specialization	MBA IB	PGDM, PGDM HRM
Exam Accepted	IIFT Test	XAT/GMAT
Test Cutoff	IIFT Score: 48.5	XAT: 96
Full-Time Faculty	41	82
Average Salary 2022	25 LPA	32 LPA

You must take your time, look at each and every possible aspect of both colleges and decide what suits best for your future prospects. You should not blindly follow people’s opinions, rather do what you think is good for you. 

To choose a college that is perfect for you, one needs to ponder various questions repeatedly. These questions will help you get a clear idea about what you want from MBA and which college will help you achieve that.

• Which area do you want to specialize in?
• Are you included towards functional level clarity (Operations, Finance, Marketing, Tech) or granular level clarity (FMCG marketing/Digital e-commerce marketing/Sales or Product Management/Project Management or General Management)

If the answer to it is yes, then analyze the reports of these institutes to find where each one of them stands. Looking at average CTC is not the right way and is in fact misleading.

Other things you should consider before choosing a B School are

• The admission procedure and the level of difficulty of entrance exams if these colleges 
• The practicality and relevance of the curriculum as per the recent industrial trends
• The profiles of your batchmates and their diversity The size and brand of the alumni base and the opportunities you will be availing through them
• The importance of overall personality grooming

One thing you should keep in mind is that brands are just a stepping stone in your career journey and not the main factor. These institutes have been able to establish the brand name mainly because of where their alumni have reached now. So brands are helpful in the short run only.

 

IIFT, SP Jain, XLRI, and FMS all four institutes are reputed and counted among the top B-Schools in India. For these institutes, your preference order should be as follows.

FMS>IIFT>XLRI>SP Jain

This ranking is based on different parameters such as academics, placements, ranking, faculties, student crowd, etc. FMS offers the best ROI. According to the recent placement highlights, the average CTC for the institute is INR 32.4 LPA. While FMS Delhi fees are around INR 1.92 Lakhs.  

Among all the campuses, IIFT Delhi is the best option. The Delhi campus is the oldest and offers better facilities. In terms of academics and placements, there is no such difference between different IIFT campuses. Students from all three campuses get equal opportunities. But, due to the location advantage of the Delhi campus, it's easier to get placements, internships, and projects. During IIFT Delhi placements 2022, the median CTC offered was INR 24 LPA. Major MNCs like Accenture, Deloitte, Raymond, TCS, etc. visit the IIFT placements.