IIM Ranchi Latest Updates
IIM Ranchi was established in 2009 under the Ministry of Human Resource Development (MHRD), the Government of India. The Indian Institute of Management Ranchi has quickly gained recognition for its academic excellence, range of programs offered, and impressive placement records. The institute ranked #17 among the management institutes in India, according to NIRF Ranking 2024. The institute also has a satellite campus in Hyderabad dedicated to executive education.
Indian Institute of Management Ranchi offers undergraduate, postgraduate, and doctorate degrees in the field of Management. The courses offered are MBA, MBA-HR, MBA-BA, Executive MBA, IPM, PhD, and Executive PhD. Admissions to these courses are based on entrance exam scores, like CAT/ GRE/ GMAT/ GATE/ NET-JRF, IPMAT, etc.
Since its inception, IIM Ranchi has been recording exemplary placement percentages and statistics. Various top companies from India and abroad participate in the institute's placement drive. During 2024 placements. the IIM Ranchi highest package offered was INR 37.80 LPA, for students of the MBA program. Similarly, the MBA average package offered was INR 18.69 LPA. The Indian Institute of Management Ranchi offers a Merit cum Means Scholarship for enrolled and eligible students.
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IIM Ranchi was declared "the institute of national importance" by the Indian Institutes of Management Act, 2017. Some of the key highlights of the Indian Institute of Management Ranchi are as follows.
Particulars | Highlights |
Year of Establishment | 2009 |
Type of Institution | Public/Government |
Recognition | MHRD |
Accreditation | NBA |
Ranking | #17 in the Management Category by NIRF Rankings 2024 |
Courses Offered | Postgraduate, Doctoral, Integrated UG, and Certificate Courses |
Admission Criteria | Entrance and Merit Based |
Total Faculty | 102 |
Genders Accepted | Co-Ed |
Campus Size | 90 Acres |
Location | Ranchi, Jharkhand, India |
Official Website | https://iimranchi.ac.in/ |
Indian Institute of Management Ranchi offers various postgraduate, doctorate, integrated PG, Diploma, and Certificate courses across various management disciplines. The duration of these courses ranges from 2 years to 5 years. More details regarding some of the popular IIM Ranchi courses and fees along with their eligibility and selection criteria are shown in the table below.
Courses | Total Fees | Eligibility and Selection Criteria |
MBA | INR 17.50 Lakhs |
Eligibility: Graduation with 50% marks Selection Criteria: CAT Score + Application Rating Score for AWT and PI |
MBA- HR | INR 17.50 Lakhs |
Eligibility: Graduation with 50% marks Selection Criteria: CAT Score + Application Rating Score for AWT and PI |
MBA- BA | INR 17.50 Lakhs |
Eligibility: Graduation with 50% marks Selection Criteria: CAT Score + Application Rating Score for AWT and PI |
Executive MBA | INR 12.70 Lakhs |
Eligibility: Graduation with 50% marks + a minimum of 3 years of work experience Selection Criteria: CAT Score + PI |
IPM | INR 15.93 Lakhs |
Eligibility: Pass in 10+2 with 60% marks Selection Criteria: IPMAT scores |
PhD | - |
Eligibility: Master's degree or PG Diploma with first class/ BE or B.Tech or a 4-year degree with a 6.5 CGPA/ professional qualification such as CA/ICWA/CS with a B.Com/Degree with a minimum of 55% marks. Selection Criteria: CAT/ GAT/ GRE/ GMAT/ NET- JRF (UGC/ CSIR) scores + Seminar and PI |
Executive PhD | INR 6.5 Lakhs | Master's degree or PG Diploma with first class/ BE or B.Tech or a 4-year degree with a 6.5 CGPA/ professional qualification such as CA/ICWA/CS with a B.Com/Degree with a minimum of 55% marks + 5 years of work experience. |
The Indian Institute of Management Ranchi admission 2025 is ongoing for various courses. The admission is conducted online through the official website. The candidates must meet the IIM Ranchi eligibility criteria and register themselves for the selection process to be eligible for the courses offered. The general IIM Ranchi admission procedure is given below:
IIM Ranchi cutoff 2024 will be released once the CAT 2024 results are announced. The IIM Ranchi cutoff depends on the difficulty of the entrance exam, the previous year's cutoff, the total number of seats available for the program, the past academic record of the students, and the socio-economic category of the students.
The CAT 2024 section-wise weightage distribution and the expected Indian Institute of Management Ranchi cutoff of the MBA course based on CAT are explained in the tables below.
CAT 2024 Section-wise Weightage Distribution
Exam Section | Quantitative Aptitude (QA) | Data Interpretation and Logical Reasoning (DILR) | Verbal Ability and Reading Comprehension (VARC) |
Weightage | 34% | 32% | 34% |
IIM Ranchi MBA CAT Cutoff 2024 (Expected)
Category |
Sectional Cutoff |
Overall Cutoff |
||
VARC | DILR | QA | ||
General | 70 | 70 | 70 | 92 |
NC-OBC | 45 | 45 | 45 | 74 |
SC | 35 | 35 | 35 | 54 |
ST | 32.5 | 32 | 25 | 40 |
DAP | 32.5 | 32 | 25 | 40 |
EWS | 40 | 40 | 40 | 70 |
IIM Ranchi’s ranking is continuously presented among the top B-schools in the country. IIM Ranchi ranking in India among the management colleges is 17th according to NIRF Ranking 2024. Some of the other rankings of IIM Ranchi in the Management category by various renowned organisations are elucidated in the table below.
Ranking Body | 2024 | 2023 | 2022 |
NIRF (Management) | 17 | 24 | 15 |
IIRF (Management) | 15 | 19 | 21 |
Outlook India (Management) | 07 | 07 | 10 |
The Indian Institute of Management Ranchi placements 2024 concluded with a 100% placement rate. The institute has a dedicated training and placement cell that works continuously to benefit its students. Moreover, the cell offers various employment-based training, summer placement opportunities, off-campus placement drives, etc. for the students.
The IIM Ranchi highest package offered was INR 37.80 LPA, for MBA students from the Finance Domain. A total of 63 PPOs were offered for MBA students in 2024. A total of 313 students from the three MBA programs were recruited by 137 recruiters in the 2024 placement drive. More details regarding the IIM Ranchi placements 2024 are mentioned below.
Even though the best average package was recorded by MBA- BA students, the best median package was recorded by students of the MBA- HR program. Placement statistics of various salary packages offered to students of MBA, MBA- HR, and MBA- BA courses during IIM Ranchi placements 2024 are shown in the table below.
Particulars | Statistics of MBA- BA | Statistics of MBA- HR | Statistics of MBA |
Highest Salary Package Offered | INR 34.91 LPA | INR 33.97 LPA | INR 37.80 LPA |
Average Salary Package Offered | INR 19.13 LPA | INR 18.37 LPA | INR 18.69 LPA |
Median Salary Package Offered | INR 16.88 LPA | INR 18.22 LPA | INR 18.00 LPA |
Average Salary Package of Top 10% Percentile Students | INR 33.00 LPA | INR 24.45 LPA | INR 29.20 LPA |
Average Salary Package of Top 25% Percentile Students | INR 27.77 LPA | INR 22.72 LPA | INR 24.55 LPA |
Average Salary Package of Top 80% Percentile Students | INR 20.33 LPA | INR 19.71 LPA | INR 19.80 LPA |
Companies ranging from multinational companies to reputed startups participate in IIM Ranchi placements every year. Some of the top recruiters participating in the Indian Institute of Management Ranchi placement drive are shown in the table below.
American Express | H and M | Capgemini |
Microsoft | BCG | Deloitte |
Goldman Sachs | HDFC Bank | BMW |
ICICI Bank | Amazon | IBM |
Aditya Birla Capital | Asian Paints | Wipro |
Reliance Retail | Ernst and Young |
Spread over 90 acres of land, the institute's facilities and infrastructure are state-of-the-art, ensuring that students get a thriving environment at the campus. The campus offers the best amenities in terms of state-of-the-art classrooms, a well-equipped library, fully furnished hostels and dining facilities, the majestic Swami Vivekananda Auditorium, sports facilities, etc. IIM Ranchi is home to more than 15 student clubs, that organises year-round activities, events, competitions, etc. to provide exposure for students.
More details regarding IIM Ranchi Infrastructure and facilities are shown below.
IIM Ranchi offers its students the best facilities on campus that aid in their academic and extra-curricular endeavours. Some of the facilities offered by IIM Ranchi on campus for students are listed below.
IIM Ranchi offers numerous scholarships to deserving students based on their academic records and financial status. The Indian Institute of Management Ranchi launched a Merit Cum Means Scholarship program. This program provides scholarships to 25 students from the MBA, MBA-Business Analytics, MBA-Human Resources Management program, and Integrated Programme in Management (IPM), every year. The total value of this scholarship is INR 1 Crore per Year.
The details of some of the other IIM Ranchi scholarships are mentioned in the table below.
Scholarship | Description |
Aditya Birla Scholarship | A Scholarship amount of INR 1.75 Lakh per student is offered to all meritorious 1st and 2nd-year students. |
OPJEMS | One student is offered each year with this scholarship by OP Jindal Group. |
Siddhartha Padam Award | Awarded to deserving candidates in Finance with a cash prize of INR 50,000. |
National Level Scholarships | Like ST Students - Scholarship, Merit Cum Means Scholarship For Professional and Technical Courses, Central Sector Scheme Of Scholarships etc. |
The Indian Institute of Management Ranchi's Alumni Relations Committee plays a significant role in fostering enduring connections and collaborations between the institution and its esteemed alumni network. The committee organises year-long major activities with the institute's alumni to provide exposure for students.
IIM Ranchi alumni portal, which promotes and facilitates the relationship between alumni and the institute, ensures effective communication with alumni. Some of the IIM Ranchi Alumni and their professions are mentioned below.
Notable Alumni | Profession |
Saurabh Pratap Singh | AGM, RBI |
Sunny Shumanshu | VP, HSBC |
Nipun Bansal | AVP, Zapr |
Meghna Saxena | Sr. HRBP- Target |
Snehil Agrawal | Strategist, Google |
Shahzeb Feroze | Account Executive, Google |
Abdul Wahid Khan | FPM, IIM Indore |
Ashmita Bose | HRBP, Flipkart |
Mahadeep Ray | Assistant Manager, Sony Pictures |
Soumita Nandi | Sr. Executive HR, Cognizant |
IIM Ranchi has collaborated with many other organisations and associations by signing MoUs. These collaborations facilitate the internationalisation of IIM Ranchi through faculty exchange, immersion programs, student exchange programs, etc. Some of the Indian Institute of Management Ranchi collaborations with institutions from various countries are shown in the table below.
Country | Partnering Institute |
Greece | Alba Graduate Business School, Athens University of Economics and Business |
France | The American Business School of Paris, Audencia Nantes School of Management, EMLYON Business School |
Thailand | Asian Institute of Technology |
Taiwan | National Chengchi University |
USA | Purdue University |
Latvia | Turiba University |
Russia | Ural Federal University |
South Korea | Woosong University |
Finland | University of Vaasa |
Canada | Alberta School of Business |
Bangladesh | Chittagong Independent University |
IIM Rachi provides many advantages to its students. IIM Ranchi's ranking was 17th in the NIRF 2024 rankings. The students can learn and grow on its 90 acres of campus. Some advantages the students get from IIM Ranchi include the following.
1. Curriculum
IIM Ranchi offers academic, executive, doctoral, and certificate courses under one roof. There are MBA and EMBA specialisations, dual degrees in partnership with IIT Ranchi, and plethora of executive education programs.
2. Placement Cell
The IIM Ranchi placement cell is responsible for all placement-related activities like guest lectures for pre-placement training, skill-enhancement workshops, campus drives, summer internships, and much more.
Reputed organisations like Microsoft, BCG, Capgemini, Cognizant, Amazon, Flipkart, The Times Group, HandM, Deloitte, EY, and several more companies participate in the Indian Institute of Management Ranchi placements.
3. Extracurricular Activities
IIM Ranchi has several clubs which drive the institute. Some of them are -The Marketing Club 'Marquess', The Finance Club 'Finopsis', The Operations and General Management Club 'Sankriya', etc.
4. Modern Infrastructure
IIM Ranchi has a 90-acre, wi-fi enabled lush green campus. Students have access to residential, academic, sports, and recreational facilities at the campus. These facilities aid in creating a holistic environment for overall development.
IIM Ranchi has a dedicated teaching staff working continuously for its students' and colleagues' overall growth and development. The teachers are highly qualified in their relevant fields. There are 102 faculty members in the college. The teaching quality is outstanding, and they explain effortlessly. Faculty members at IIM Ranchi also fully support the student’s future life.
IIM Ranchi performs its academic activities under various departments. The departments at the Indian Institute of Management Ranchi are mentioned below.
Marketing | Human Resource Management | Business Analytics |
Accounts and Finance | Information System | Organizational Behaviour |
Economics | General Management | Science of Happiness |
Operations Management | Humanities and Applied Sciences | Strategic Management |
Institution Type | Public/Government |
Total Faculty | 102 |
Year of Establishment | 2009 |
Genders Accepted | Co-Ed |
Total Area (In Acre) | 90 Acres |
Website | http://www.iimranchi.ac.in |
Accredited by | NIRF |
Publisher | Ranking & Year | Criteria |
#17 in 2024 | Management | |
#24 in 2023 | MBA |
Course | Average Fees | Duration |
MBA | ₹16,10,000 | 2 Years |
BBA | -- | 3 Years |
PhD | ₹6,00,000 | 3 Years |
Executive MBA | ₹12,50,000 | 1 Year |
₹ 6,00,000 (3 Years)
₹ 16,10,000 (2 Years)
₹ 12,50,000 (1 Year)
Q: Is IIM Ranchi good for MBA?
A: Yes, IIM Ranchi is a very good institute for Management. They have exemplary placements with the highest package in 2024 as INR 37.80 LPA. Furthermore, Indian Institute of Management Ranchi has noteworthy infrastructure and top faculty members. More details about IIM Ranchi is elaborated in the article above.
Q: IIM Ranchi is government or private institute?
A: IIM Ranchi is a government-run autonomous institution under the Ministry of Human Resources Development, Government of India. Refer to the article above for more details.
Q: What is the fees of IIM Ranchi for MBA?
A: The IIM Ranchi MBA fee is INR 17.50 Lakhs. This is the total fees of the course for two years. Refer to the above tables for more IIM Ranchi fees details.
Q: What is the highest package in IIM Ranchi?
A: The IIM Ranchi highest package offered in 2024 is INR 37.80 LPA. This salary package was offered to students of the MBA program. Refer to the article above for more details.
Q: What is the rank of IIM Ranchi?
A: IIM Ranchi was ranked 17th among management colleges in India by NIRF rankings 2024. Refer to the above article for more details on IIM Ranchi ranking.
Q: Is getting into IIM Ranchi difficult?
A: IIM Ranchi comes under the umbrella brand of IIMs and thus have a strict eligibility and selection criteria for students. Students can refer to the above article for more details on IIM Ranchi eligibility and selection criteria.
Q: What is the CAT cutoff for IIM Ranchi?
A: General category students require a minimum IIM Ranchi CAT cutoff of 92 percentile for admission to the PG courses. Refer to the above article for more details on IIM Ranchi cutoff.
Q: Is IIM Ranchi a baby IIM?
A: Yes, IIM Ranchi is one of the newer IIMs established between 2008 and 2011.
Q: How many seats are there in IIM Ranchi?
A: There are 250 and 120 seats in IIM Ranchi for the MBA and IPM courses, respectively. Refer to the above article for more details on IIM Ranchi admissions.
Q: Does IIM Ranchi have its own campus?
A: Yes, IIM Ranchi has its own permanent campus. Refer to the article above for more details regarding IIM Ranchi infrastructure and campus.
Q: Is IIM Ranchi safe?
A: Yes, IIM Ranchi gives utmost importance to the safety of their students and staff members. In addition to having CCTV cameras all around the campus, they also have round-the-clock security guards. Refer to the above article for more details on IIM Ranchi infrastructure.
Q: Can I get IIM Ranchi at 85 percentile?
A: Students belonging to backward classes like SC, ST, or OBC can get admission into IIM Ranchi with 85 percentile. Refer to the above article for more details on IIM Ranchi cutoff.
Q: Is there a swimming pool in IIM Ranchi?
A: Yes, there is a swimming pool at Indian Institute of Management Jharkhand. Refer to the above article for more details on IIM Ranchi campus.
Q: Which universities are partners with IIM Ranchi?
A: IIM Ranchi has signed MOUs with various organisations and associations, like the Alba Graduate Business School, Athens University of Economics and Business in Greece, Alberta School of Business of Canada, etc. to provide the best education for students. Refer to the above article for more IIM Ranchi collaboration details.
Q: What is IIM Ranchi famous for?
A: IIM Ranchi is famous for its flagship MBA programs. The institute offers three MBA programs, MBA, MBA in BA, and MBA in HR. Refer to the article above for more details regarding IIM Ranchi admission to these courses.
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Placements & Internships : The placements at IIM Ranchi are improving at a rapid rate. Last year, we had Google coming in for the first year. This year Mahindra War Room has been launched in our campus, so that should open up GMC for us. Our college team
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Placements & Internships : My internship is at Samsung R&D and the stipend is INR 50000 pm. Key companies: Cognizant, Tata Steel, Wipro, Sun Pharma. Average salary is INR 13.5 lakhs per annum. Highest Sala
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