IIM Ranchi

IIM Ranchi

  1. Ranchi, Jharkhand
  2. Government
  3. Institute of National Importance
  4. NIRF Ranking 15th(management)
4.3/5

RANKING – 4.3/5

OVERVIEW

IIM Ranchi, also known as the Indian Institute of Management Ranchi, is a premier business school located in Ranchi, Jharkhand, India. 

  • Fees: The total fees for the two-year Post Graduate Program in Management (PGP) at IIM Ranchi is around INR 16.17 lakhs for the 2021-23 batch.
  • Address: The address of IIM Ranchi is Suchna Bhawan, Audrey House Campus, Meur’s Road, Ranchi – 834008, Jharkhand, India.
  • Average package: The average package offered to the students of IIM Ranchi for the 2020-22 batch was INR 16.07 lakhs per annum.
  • Founder: IIM Ranchi was established in 2010 under the mentorship of IIM Calcutta, and its first Director was M.J. Xavier.
  • Cut off: The cutoff for admission to IIM Ranchi varies every year and depends on various factors such as the number of applicants, the difficulty level of the entrance exam, and the availability of seats. Generally, a percentile score of 96+ is required to get shortlisted for the WAT-PI round of the selection process.
  • Online courses: IIM Ranchi offers various online courses such as Executive Certificate Program in General Management, Executive Certificate Program in Leadership and Change Management, and Executive Certificate Program in Digital Marketing.
  • Notable alumni: Some of the notable alumni of IIM Ranchi include Aditi Pany, Senior Brand Manager at Unilever, Ajay Kulkarni, VP at Morgan Stanley, and Shruti Jain, Director at Goldman Sachs.
  • Course admissions: Admissions to the PGP program at IIM Ranchi are based on the candidate’s performance in the Common Admission Test (CAT), followed by Written Ability Test (WAT) and Personal Interview (PI) rounds.
  • Highest package: The highest package offered to the students of IIM Ranchi for the 2020-22 batch was INR 25.5 lakhs per annum.
  • MBA fees: The total fees for the two-year Post Graduate Program in Management (PGP) at IIM Ranchi is around INR 16.17 lakhs for the 2021-23 batch.
  • Executive MBA: IIM Ranchi offers an Executive Post Graduate Diploma in Management (EPGDM) for working professionals with a minimum of five years of work experience. The program duration is two years, and the total fees are around INR 14.25 lakhs.
  • Distance MBA: IIM Ranchi does not offer a distance MBA program currently.
  • Fees for BBA: IIM Ranchi does not offer a BBA program currently.
  • Fees after CAT: The total fees for the two-year Post Graduate Program in Management (PGP) at IIM Ranchi is around INR 16.17 lakhs for the 2021-23 batch, regardless of the mode of admission.
  • Campus area: The campus area of IIM Ranchi is spread across 68 acres, and it is located in the picturesque surroundings of the city of Ranchi.
  • Online MBA fees: IIM Ranchi does not offer an online MBA program currently.

ABOUT

IIM Ranchi was founded in 2009 by the Ministry of Human Resource Development (MHRD), the Government of India, and the Government of Jharkhand. IIM Ranchi is a National Importance Institute. Post-Graduate Programmes in Management (PGP), Post Graduate Programme in Human Resource Management (PGP-HRM), Doctoral Programmes (PhD), Executive Doctoral Programme (ePh.D), and Executive Post Graduate Programmes in Management are just a few of the courses offered by IIM Ranchi. At the Indian Institute of Management, Ranchi, a total of 7 courses are available. The cost of an MBA at IIM Ranchi is Rs. 16,10,000. Students who want to enroll in IIM Ranchi’s M.B.A. programmes must take the CAT exam and do well on it.

 

Full Form of IIMR

Indian Institute of Management, Ranchi is the full name of the organization. Ranchi, in Jharkhand, is where the university is situated.

 

The IIM Ranchi campus

Adalhatu, Ranchi, Jharkhand is where IIM Ranchi is situated. The journey takes 12 minutes and covers 5.5 kilometers from the Agora Chowk Bus Stand. Approximately 9.6 kilometers separate Ranchi Junction from the IIM Ranchi campus, and it takes 24 minutes to travel there. The distance from the institute to the Birsa Munda Airport is 12.2 kilometers, and it takes 27 minutes to travel that distance.

Indian Institute of Management Ranchi Courses & Fees

The institute exclusively provides courses at the Postgraduate and Doctoral levels. A total of 7 courses are offered by IIM Ranchi, of which 5 are offered at the graduate level and 2 at the doctoral level. Aspiring students who intend to apply for courses at IIM Ranchi must meet the minimum eligibility requirements set forth by the relevant department. Management and Business Administration and Computer Application and IT are the two main streams in which courses at IIM Ranchi are offered.

 

If students want to be considered for admission to the IIM, Ranchi M.B.A. programmes, they must have taken the CAT exam and received a valid score. The cost of the IIM Ranchi MBA programme is Rs. 16,10,000. Along with other eligibility requirements, job experience is a requirement for IIM Ranchi’s executive programmes. The cost of the Executive PGPM programme at IIM Ranchi is Rs. 12,60,000. The IIM Ranchi PhD in Management programme lasts four years.



Courses

Fees

Eligibility Criteria

M.B.A.

Rs. 16,10,000

a bachelor’s or undergraduate degree with a minimum overall grade point average of 50% (45% for SC/ST/PWD).

M.B.A. Human Resources Management

M.B.A. Business Analytics

a full-time undergraduate or graduate degree in engineering, technology, architecture, science, or computer applications with a minimum of 60% overall or an equivalent CGPA.

Executive PGPM

Rs. 12,60,000

graduates from any subject, CAs, CSs, ICWAs, or professionals with graduate-level educational credentials who have at least five years of full-time professional or entrepreneurial experience.

Executive Ph.D

Rs. 6,50,000

graduates from any subject, CAs, CSs, ICWAs, or professionals with graduate-level educational credentials who have at least five years of full-time professional or entrepreneurial experience.

Or a master’s degree, post-graduate diploma, or a 4-year B.Tech. with a GPA of 6.5 or higher.

Ph.D Management

N/A

Candidates should not be older than 40 years old, and they should have a history of consistently strong academic performance.

Post Doctoral Fellowship in Management



IIM Ranchi Admission Process

A total of 7 courses are available for enrollment at the institute, 5 of which are at the graduate level and 2 of which are at the doctoral level. Only applicants who meet the requirements established by the institution for each subject are granted admission to IIM Ranchi. There are various management-related courses offered by IIM Ranchi, including a postgraduate programme in management, a postgraduate programme in human resource management, a full-time doctoral programme in management, a part-time doctoral programme, and many more. Students must take the CAT exam and receive passing scores in order to be admitted to the Indian Institute of Management, Ranchi.

There is an Rs. 16,10,000 entry fee for all M.B.A. programs at IIM Ranchi. Students must first pass the CAT in order to be admitted to the IIM, Ranchi Executive PGPM program. Additionally, those who are chosen by meeting the IIM, Ranchi’s CAT cutoff must also pass the Written Ability Test (WAT) and Personal Interview (PI). The students have to show up for any of the following tests: IIM, Ranchi’s Ph.D. programs accept applications via CAT, GRE, GATE, GMAT, and NETJRF. Students must submit the required paperwork and pay the required fees in order to complete the IIM Ranchi admissions process.

 

Process for Applying to IIM Ranchi

 

  • Visitors must go to the institute’s official website in order to submit an application for admission to IIM Ranchi.
  • Applicants will complete the application form on the website by entering all the required information.
  • Application form fillers are required to scan and attach supporting documentation.
  • Candidates must pay the application fee before submitting their IIM Ranchi application.

PG Admissions at IIM, Ranchi

 

Admission is available to 5 PG courses at the institute. among these five courses. IIM, Ranchi offers PG admissions to one executive program in PGPM and three M.B.A. programs with a variety of specializations. Students wishing to enroll in the IIM Ranchi M.B.A. program must achieve the required CAT score.

 

Admissions for the MBA, MBA (HR), and MBA in Business Analytics at IIM Ranchi

 

  • Candidates must complete and submit the CAT application in order to be considered for admission to M.B.A. programs.
  • Candidates must show up for the CAT.
  • We will shortlist the qualified students who have genuine CAT scores.
  • The shortlisted candidates must next show up for the PI round.
  • Candidates will be chosen based on how well they did in the PI round.
  • These candidates’ Profile Scores are computed.
  • Based on the student’s diversity, job history, and academic profile, the candidate’s profile is calculated.
  • The final applicants will be chosen based on their performance in the PI round, CAT score, and Profile score.

Admission Process for Executive PGPM at IIM Ranchi

 

  • Students who are interested in enrolling in this course should take the CAT Exam.
  • The qualified applicant must complete the online application form on the official website if their CAT score meets the IIM Ranchi cutoff.
  • Candidates who are chosen must pass the Written Ability Test (WAT) and the Personal Interview (PI).
  • The merit list, which includes all of the scores from tests like the CAT, WAT, PI, and academic records, will be used to make the ultimate decision.
  • Students who made the final cut must visit the school to have their documents confirmed and to pay the expenses.
IIM Ranchi Placements

The placement chances at IIM Ranchi are quite impressive, as a sizable number of students from each course are hired each year by reputable firms around the nation. The IIM Ranchi placement cell oversees the hiring procedure in addition to motivating the students by assisting them in preparing for the interview stage in order to be chosen. The cell sets up frequent practice exams and interviews so that the students may present themselves to employers with assurance. The Indian Institute of Management, Ranchi’s placement unit takes it upon itself to manage the hiring process by inviting recruiters to its campus.

 

The IIM Ranchi placement process includes a written assessment and a group discussion. Candidates who are chosen after these two steps next participate in a personal interview, during which the position and compensation advantages are covered. According to the Indian Institute of Management, Ranchi placement reports for 2022, 253 students and 77 organizations participated in the placement drive, and the highest compensation that was awarded to a student was Rs. 32.21 Lakhs.

 

IIM Ranchi Placement Highlights 2020-2022 for M.B.A

Particulars 

Data

Total Students 

253

Total Number of Recruiters 

77

Average CTC

Rs. 16.17 Lakhs

Median CTC

Rs. 15.50 Lakhs

Average CTC for Top 25%

Rs. 22.02 Lakhs

Average CTC for Top 10%

Rs. 25.16 Lakhs

Highest CTC  

Rs. 32.21 Lakhs

IIM Ranchi Placement Highlights 2020-2022 for M.B.A- HR

Particulars 

Data

Total Students 

72

Total Number of Recruiters 

21

Average CTC

Rs. 15.63 Lakhs

Median CTC

Rs. 15.40 Lakhs

Average CTC for Top 25%

Rs. 22.17 Lakhs

Average CTC for Top 10%

Rs. 27.26 Lakhs

Highest CTC  

Rs. 32.21 Lakhs

IIM Ranchi Placement Highlights 2021-2022 for M.B.A. (Finance)

Particulars 

Data

Average CTC

Rs. 15.70 Lakhs

Median CTC

Rs. 16.00 Lakhs

Average CTC for Top 25%

Rs. 18.81 Lakhs

Average CTC for Top 10%

Rs. 20.88 Lakhs

Highest CTC  

Rs. 25.00 Lakhs

IIM Ranchi Placement Highlights 2021-2022 for M.B.A (Operations)

Particulars 

Data

Average CTC

Rs. 13.40 Lakhs

Median CTC

Rs. 13.20 Lakhs

Average CTC for Top 25%

Rs. 16.50 Lakhs

Average CTC for Top 10%

Rs. 18.00 Lakhs

Highest CTC  

Rs. 18.00 Lakhs

IIM Ranchi Placement Highlights 2021-2022 for M.B.A. (Sales and Marketing)

Particulars 

Data

Average CTC

Rs. 16.60 Lakhs

Median CTC

Rs. 15.61 Lakhs

Average CTC for Top 25%

Rs. 21.66 Lakhs

Average CTC for Top 10%

Rs. 24.42 Lakhs

Highest CTC  

Rs. 26.12 Lakhs

IIM Ranchi Placement Highlights 2021-2022 for M.B.A. (Strategy and Consulting)

Particulars 

Data

Average CTC

Rs. 17.10 Lakhs

Median CTC

Rs. 15.50 Lakhs

Average CTC for Top 25%

Rs. 24.56 Lakhs

Average CTC for Top 10%

Rs. 26.04 Lakhs

Highest CTC  

Rs. 32.21 Lakhs

IIM Ranchi Placement Highlights 2021-2022 for M.B.A. (IT Analytics)

Particulars 

Data

Average CTC

Rs. 15.62 Lakhs

Median CTC

Rs. 14.50 Lakhs

Average CTC for Top 25%

Rs. 21.16 Lakhs

Average CTC for Top 10%

Rs. 25.70 Lakhs

Highest CTC  

Rs. 30.79 Lakhs

Indian Institute Management, Ranchi Placement Statistics PG (2-Year Programme) 2020-21

Particulars

Statistics

Total batch strength

281

Total number of students eligible for placements

273

Total students placed

273

Median Salary 

Rs. 14,65,000

 

IIM Ranchi Facilities

The institute offers a variety of amenities to employees and students to make life on campus more enjoyable for everyone. The hostels, common areas, libraries, IT facilities, auditorium, gym, and other key campus amenities of IIM Ranchi are just a few. The institute provides separate dorms for boys and girls, each with all the necessities including wifi access. The completely automated IIM Ranchi library has a large selection of books, e-books, periodicals, theses, and other materials. Wi-Fi, a medical room, a classroom with modern technology, sports facilities, and many other amenities are available at IIM Ranchi. The facilities available at the Indian Institute of Management Ranchi are listed in detail below.

 

Male Hostel

 

The Residential Blocks of the Sports Village, also known as Khelgaon, which is situated on the outskirts of Ranchi, offer student housing. Boys’ and girls’ hostels are located separately at the institute. The IIM Ranchi hostel has shared flats with three or four beds each. Each block also has a mess, a canteen, and a dispensary for the students’ medical needs. The mess offers delicious and nutritious cuisine.

 

Female Hostel

 

Boys’ and girls’ hostels have been established by IIM Ranchi separately. The students are housed at IIM Ranchi in communal flats, each of which has three or four beds. These apartments not only include beds, but also a communal area and a fully equipped kitchen. The internet is accessible in every room. The students are also given housekeeping services.

 

Classrooms

 

The academic building is fully furnished with the most modern technology and spacious classrooms. Education uses the most recent teaching and learning resources.

 

Gym

 

Students at IIM Ranchi have access to a modern gym where they can keep up their fitness. The students benefit from using the gym to maintain good health and fitness.

 

Library

 

The “Athenaeum-The Learning Resource Center” is the name of the IIM Ranchi library. The library at IIM Ranchi has a variety of books, print periodicals, CDs and DVDs, electronic resources (databases), electronic journals, electronic books, and electronic dissertations and theses. The library offers remote access through a facility to subscription electronic materials for use both on and off campus. The library’s operations are entirely automated. All students and employees have easy access to the library and its resources.

 

Sports

 

IIM Ranchi features distinct venues for a variety of sports, including basketball, badminton, swimming, and athletics. The sports facilities at IIM Ranchi are designed to provide students with enough extracurricular opportunities.

 

Network Infrastructure

 

The institute has first-rate infrastructure resources. IIM Ranchi’s Academic Information System (AIS), Anti-Virus Server, and other Academic Software are hosted on 5 Rack Mounted Servers and 3 Blade Servers, among other Server Applications. IIM Ranchi features a computer lab with a 40-user capacity where students can utilize the institute’s registered academic software as well as the internet connection for academic reasons.

 

Cafeteria

 

There is a cafeteria on the campus of IIM Ranchi. It offers wholesome food at reasonable prices. The food served by the canteen is varied and prepared with students’ hygiene in mind.

 

Auditorium

 

The auditorium is made available by IIM Ranchi for the organization of various seminars, workshops, and other activities. Students and faculty can conduct all of these events in the auditorium.

 

Wifi

 

One of the rare colleges with a completely Wi-Fi-enabled campus is IIM Ranchi. Wi-fi is available in the institute’s hotels as well.

 

Medical/Hospital

 

IIM Ranchi offers staff members and students access to medical care and first aid services. The medical area is equipped with all first aid supplies and medications that are urgently needed.

 

Associations of Alumni

 

The alumni association at IIM Ranchi has a very strong network.

 

Waiting area/guest room

 

For visiting staff and student families, the IIM Ranchi includes guest houses and waiting areas.



IIM Ranchi FAQs

QUES: How many graduate-level full-time courses do IIM Ranchi offer?

 

IIM Ranchi now offers two courses, PGP and PGP-HRM.

 

QUES: Is the CAT exam in 2022 necessary to apply for admission to IIM Ranchi?

 

Yes, applicants must take the IIM entrance exam in order to be considered for admission to any of the 20 IIMs (CAT).

 

QUES: Will IIM Ranchi adhere to any reservations for admissions in 2023?

 

For admissions purposes, IIM Ranchi does adhere to the Government of India’s reservation policy.

 

QUES: What was the highest stipend provided for summer internship placements at IIM Ranchi in 2023?

 

IIM Ranchi’s summer internship placements in 2023 have a maximum compensation of Rs 3,50,00. The highest stipend for an MBA in HR is Rs 2,84,200.

 

QUES: Who are the leading employers for the 2022 IIM Ranchi Placements?

 

American Express, Axis Bank, Capgemini, Dell, and Amazon are a few of the well-known employers for IIM Ranchi placements in 2022.

 

QUES: What was the typical pay during the 2022 IIM Ranchi Placements?

 

During IIM Ranchi placements in 2022, MBA candidates will receive an average annual CTC of 16.17 LPA. The average CTC offered in MBA HR was 15.63 LPA.

 

QUES: How many recruiters came to the IIM Ranchi campus for placements in 2022?

 

During IIM Ranchi placements in 2022, a total of 77 recruiters came to the campus. A total of 21 recruiters for MBA HR came to the university to make placements.

 

QUES: IIM Ranchi has a 100% placement rate, right?

 

In 2022, a total of 253 MBA students took part in the placement process. A total of 72 students from the MBA HR participated in placements. All of the pupils among them were hired by some of the best businesses.

 

QUES: What is IIM Ranchi’s highest salary?

 

The maximum salary available to IIM Ranchi MBA students is 32.21 LPA. The top 10% ‘s CTC on average is 27.26 LPA.

 

QUES: What is IIM Ranchi’s entry-level package?

 

The average CTC offered for the class of 2020–2022, according to IIM Ranchi’s placement report, is 16.17 LPA. IIM Ranchi students are given an average CTC of 15.63 LPA in MBA HR.