Indian Institute of Management, Ranchi (IIM Ranchi) was established in 2010 as one of the newest members of the prestigious IIM family. It aims to provide high-quality management education and is recognized for its rigorous academic programs and vibrant campus life.
IIM Ranchi offers a variety of programs, including MBA, MBA in Human Resources (MBA-HR), Executive MBA, Integrated Program in Management (IPM), and a Post Graduate Certificate in Management (CPGM). For the 2024 admissions cycle, candidates must take the CAT exam, with a minimum cutoff of 92 percentile for the general category. The tuition fees for the MBA and MBA-HR programs are approximately INR 17.50 lakhs, while the Executive MBA costs around INR 12.50 lakhs.
In the National Institutional Ranking Framework (NIRF) 2024, IIM Ranchi was ranked 17th in the management category. The institute boasts impressive placement statistics, with a 100% placement rate for its graduates. The median salary for the 2023 batch was INR 15.46 lakhs per annum, reflecting the strong demand for its graduates in the corporate sector.
IIM Ranchi’s campus is equipped with modern facilities, including well-maintained classrooms, a library, and hostels. The institute focuses on providing a conducive environment for learning, with various clubs and activities that promote holistic development among students.
Particulars | Statistics |
Establishment Year | |
Campus | |
Recognized by | Ministry of Human Resource Development, Government of India |
Rankings (as of 2023) | – Ranked 24th by the National Institutional Ranking Framework (NIRF) in 2023 – Ranked 7th in “India’s Best B-Schools 2024” by Outlook India |
Collaborations | The American Business School of Paris;
Audencia Nantes School of Management, France; EMLYON Business School, France; National Chengchi University, College of Commerce, Taiwan; Turiba University, Latvia; Ural Federal University, Russia; Woosong University, South Korea; University of Vaasa, Finland; Athens University of Economics and Business, Greece; |
IIM Ranchi offers a range of MBA/PGDM courses designed to equip students with essential management skills. For the 2024 academic year, the flagship programs include the MBA, MBA in Human Resource Management (MBA-HR), and MBA in Business Analytics (MBA-BA). The admission process requires candidates to take the CAT exam, followed by a personal interview.
Course | Duration | Average Fees (INR) |
MBA | 2 years | 17,50,000 |
MBA in Human Resource Management | 2 years | 17,50,000 |
MBA in Business Analytics | 2 years | 17,50,000 |
Executive MBA | 2 years | 12,50,000 |
Integrated Programme in Management (IPM) | 5 years | 15,93,000 (first 3 years) |
FAQs on Course and Fees 2024
1. What is the fee for MBA in IIM Ranchi 2024?
The total fee for the MBA program at IIM Ranchi for the 2024 batch is approximately INR 17.50 lakhs, which includes tuition and other associated costs. Additionally, students are required to pay a one-time acceptance fee and other charges, making the overall financial commitment significant.
2. Does IIM Ranchi offer PGDM or MBA?
IIM Ranchi offers a Master of Business Administration (MBA) program, which is its flagship course. The institute does not offer a Post Graduate Diploma in Management (PGDM) as it is recognized as an MBA-granting institution.
3. What is the fees of IIM Ranchi for MBA?
The fees for the MBA program at IIM Ranchi are approximately INR 17.50 lakhs for the entire course duration. This amount covers tuition, along with other mandatory fees such as caution deposits and alumni fees.
IIM Ranchi has a structured admission process for its management courses for 2024, primarily based on the Common Admission Test (CAT). Here’s a step-by-step guide to the admission process:
Important Admission Dates for 2024
Date | Event |
August 1, 2024 | CAT 2024 registration opens |
September 13, 2024 | Last date for CAT 2024 registration |
November 5-24, 2024 | CAT 2024 admit card download |
November 24, 2024 | CAT 2024 exam date |
December 2024 | CAT 2024 result announcement (tentative) |
FAQs on Admission Process and Important Dates 2024
1. What is the last date to apply for IIM Ranchi 2024?
The last date to apply for IIM Ranchi for the 2024 admissions cycle is September 13, 2024. This deadline applies to candidates registering for the CAT exam, which is essential for admission.
2. What is the admission process for IIM Ranchi?
The admission process for IIM Ranchi involves registering for the CAT exam, followed by a personal interview for shortlisted candidates. The final selection is based on CAT scores, interview performance, and the overall profile of the candidates.
3. What is the last day to fill IIM Ranchi application form?
The last day to fill out the application form for IIM Ranchi is September 13, 2024, at 5 PM. Candidates must ensure they complete their registration for the CAT exam by this date to be eligible for admission.
4. What is the CAT cut off for IIM Ranchi 2024?
The CAT cutoff for IIM Ranchi in 2024 for general category candidates is expected to be around 92 percentile, with minimum sectionals of 70 percentile in each section. Meeting these criteria is essential for progressing to the personal interview stage.
IIM Ranchi achieved remarkable placement results for the 2023 batch, showcasing its strong reputation in the management education sector. The institute recorded a 100% placement rate, with the highest package reaching INR 29.5 lakhs per annum and an average package of INR 15.46 lakhs per annum. Top recruiters included prestigious firms such as Accenture, Deloitte, and Tata Consultancy Services, reflecting the diverse opportunities available to graduates.
FAQs in Placements 2023
1. What is the average package for IIM Ranchi MBA 2023?
The average package for the MBA graduating batch of 2023 at IIM Ranchi was INR 17.3 lakhs per annum. This figure reflects the strong performance of graduates in the job market and the institute’s commitment to quality education.
2. What is the placement of IIM Ranchi?
IIM Ranchi achieved a 100% placement rate for its 2023 batch, with a total of 124 recruiters participating in the placement drive. The highest domestic package offered was INR 35.5 lakhs per annum, while the highest international package reached an impressive INR 67 lakhs per annum.
3. What are the Top Companies that recruit students from IIM Ranchi?
Top companies recruiting from IIM Ranchi include industry leaders such as Accenture, Deloitte, Tolaram Group, and JP Morgan Chase & Co. These firms reflect the diverse opportunities available to graduates across various sectors, including consulting, finance, and technology.