XLRI is a really good institute to go for. The ethos, culture, and diversity are all enigmatic. One of my friends studying there suggests that you can learn and grow simultaneously. 

• Placements for non-IT background students are comparatively less. Usually, the domain consultant role is offered.
• These domain consultants also get a chance to go abroad for further work experience. 
• Nowadays, companies are also hiring, even being unsure about the candidate’s past work experience.
• You just evolve as your potential individuality begins to blossom. This is the most significant advantage of being in XLRI. 
• Academics and case studies are generally the same across the board.
• The admissions process is a little stringent and filters out the “right” individuals.

Placement stats:

It is not a disadvantage to not be an engineer. A consulting career requires more analytical ability, business awareness, and thought process. 

All you have to do is work a little harder to achieve your goals. So, go ahead and start preparing for your career and you'll make it. Ultimately your performance will matter rather than being an IT or a non-IT background.

One of my friends at XLRI said that you should know the facts before diving into any conclusion and making a decision. According to him, GMP is not a good course. It has its own set of flaws.

• There mainly is no institutional support for placements of students pursuing GMP, unlike the BM and HR course. 
• Students from a core background are advised not to join the course. 
• Choose this course only if you are willing to work as a business analyst in certain second-tier service companies.
• This course is somewhat only for IT students. 
• If you are employed in companies like Coal India, Indian Railways, or NTPC. You will remain unplaced for over 6-7 years of operation. 
• You will not receive an opportunity in the GD interviews while competing against various IT students.
• The course pedagogy states that it is a general management course. That means it lacks fundamental items like operation, finance, and strategy. 
• Only 20% of the students obtain premium jobs, while the rest have to join sales or service jobs. 
• Several jobs are seen to be cornered by “placecommers” and certain similar individuals.

The placement stats provided by the institution are - 

Apart from Mr. Venu Gopal in marketing, and Mr. Ajith J Kuman in the operations, neither of the faculty members are industry inclined. Thus, choose wisely before making a decision.

My cousin is in XLRI's PGDM program and he told me that his work experience in China helped him a lot as they value international experience. If you've volunteered with NGOs or did any form of social service in the past, then that'll definitely count.

Overall, a strong application with some essays and recommendation letters will raise your chances of admission. You should be able to prove to them that what you do is extraordinary, that you are a natural leader. Once you've prepared your application, get a grammar check done by your friends with good English language skills. Keep working on your application.

• Substantiate your essays and videos with interesting anecdotes and highlight the accolades you have achieved in your career.
• Try to retake the GMAT exam and score 700 to be in the safe spot.
• Focus on your interview with these questions in mind- why MBA? What do you want to do after your MBA? Highlight your pre and post-MBA plans.

XLRI will regard you highly if you are aware of India’s socio-economic issues and form your answers from an inclusive point of social welfare.

Be updated on the deadlines. Wait for the list to come out. Submit the essays and video. I am sure you'll get a call for GD and a personal interview. The difficulty arises from this point and you'll be expected to have prepared extremely well for the interview.

The ranking of LBSIM is not that great as it doesn't appear on the list of top 10 business management institutes of India. But if you want to do PGDM from this college, then go for PGDM finance as this domain comes in the list of the top 10 careers.

The future of PGDM finance is very good and if you had commerce during your graduation, then it will get very easy to understand the concepts and complete your syllabus, but if you aren't from a commerce background, then it can be difficult for you to cope up with the syllabus.

The placement opportunities of LBSIM are very good as the placement records are 100% and around 96 companies visit the campus for interviews.

Hence, PGDM finance from LBSIM will be a very good option as this course comes in the list of top 10 courses and the placement records are also very good for this course.