Ramaiah Institute of Management (MSRIM), established in 1995, is part of the esteemed Ramaiah Group, founded by M.S. Ramaiah. This institution is located in Bangalore, Karnataka, and has gained a reputation for delivering quality management education. MSRIM is academically autonomous and offers a Post Graduate Diploma in Management (PGDM) that is equivalent to an MBA, approved by the All India Council for Technical Education (AICTE). The curriculum is designed to provide students with a blend of theoretical knowledge and practical skills, preparing them for leadership roles in various sectors.
The institute offers specializations in areas such as Finance, Marketing, Human Resource Management, Operations, and Banking, Financial Services, and Insurance (BFSI). MSRIM has consistently ranked among the top management colleges in India, securing the 76th position according to Outlook India in 2020 and 74th by The Week in 2019. The placement record is robust, with many students securing positions in reputed companies due to the institute’s strong industry connections and dedicated placement cell.
Facilities at MSRIM include a well-stocked library with over 16,000 volumes, state-of-the-art classrooms, and Wi-Fi connectivity across the campus. The campus spans more than 50 acres and provides amenities such as hostels for both boys and girls. Additionally, the institute organizes various events and workshops to enhance student engagement and development.
Particulars | Statistics |
Establishment Year | 1995 |
Campus | Bangalore, India |
Recognized by | AICTE, Ministry of HRD, Government of India |
Rankings (as of 2023) | Ranked 76 by Outlook India and 74 by The Week |
Collaborations | Management and Science University, Malaysia; St. George’s University, Grenada etc. |
Ramaiah Institute of Management (MSRIM) in Bangalore offers a range of MBA/PGDM courses designed to equip students with essential management skills. The flagship program is the Post Graduate Diploma in Management (PGDM), which spans two years and is recognized as equivalent to an MBA. The institute also offers a specialized PGDM in Innovation, Entrepreneurship, and Venture Development (IEV), along with an online PGDM program for added flexibility.
The fee structure for the PGDM program is approximately ₹10 lakhs for the complete duration, while the PGDM in IEV costs around ₹6 lakhs. Both programs allow for payment in installments, making it easier for students to manage their finances. The admission process requires candidates to have a bachelor’s degree and to qualify through entrance exams such as CAT, MAT, or XAT.
Here’s a summary of the MBA/PGDM courses offered at MSRIM along with their duration and fees:
Course | Duration | Average Fees |
PGDM | 2 years | ₹10 Lakhs |
PGDM in Innovation, Entrepreneurship (IEV) | 2 years | ₹6 Lakhs |
Online PGDM | 18 months | ₹2 Lakhs |
FAQs on Course and Fees 2024
1. What is the fees of Ramaiah Institute MBA/PGDM 2024?
The total fee for the PGDM program at Ramaiah Institute of Management for the 2024 batch is approximately ₹10 lakhs for two years. This fee can be paid in installments, making it more manageable for students.
2. Is Ramaiah Institute good for MBA/PGDM?
Ramaiah Institute of Management is well-regarded for its quality education and industry connections, making it a strong choice for MBA/PGDM aspirants. The institute’s placement record and faculty expertise further enhance its reputation in the field of management education.
3. What is the fee structure of Ramaiah Institute MBA/PGDM?
The fee structure for the PGDM program includes a registration fee of ₹50,000, followed by four installments totaling ₹10 lakhs over two years. This structure covers tuition, examination fees, and additional resources such as books and laptops.
4. What is the management quota fee for Ramaiah Institute of Management MBA/PGDM?
Information regarding management quota fees is typically not publicly disclosed and may vary each year. Interested candidates should contact the admissions office directly for specific details about management quota fees and availability.
The admission process for the Ramaiah Institute of Management (MSRIM) for the 2024 academic year is structured to ensure a comprehensive evaluation of candidates. Here’s a step-by-step guide:
Here are the important admission dates for 2024:
Important Dates | Date |
Application Start Date | December 1, 2023 |
Application Deadline | June 30, 2024 |
GD/PI Dates | July 10-15, 2024 |
Admission Confirmation | July 20, 2024 |
Course Commencement | August 1, 2024 |
FAQs on Admission Process and Important Dates 2024
1. How to get admission in Ramaiah Institute for MBA/PGDM?
To gain admission to the MBA/PGDM programs at Ramaiah Institute of Management, candidates must first complete an online application through the official website. The process involves submitting academic records, entrance exam scores, and participating in a Group Discussion and Personal Interview.
2. Can I get direct admission in MBA/PGDM Ramaiah Institute?
Direct admission is generally not available at Ramaiah Institute for the MBA/PGDM programs, as candidates are required to qualify through national-level entrance exams. However, management quota seats may be available, and interested candidates should inquire directly with the admissions office for specific details.
3. What is the eligibility criteria for Ramaiah Institute of Management MBA/PGDM?
Candidates must possess a bachelor’s degree with a minimum aggregate of 50% marks (45% for reserved categories) from a recognized university. Additionally, applicants should have valid scores from any recognized management entrance exam such as CAT, MAT, or XAT.
4. What is the name of Ramaiah entrance exam for MBA/PGDM?
Ramaiah Institute does not have its own entrance exam; instead, it accepts scores from various national-level exams like CAT, MAT, XAT, CMAT, and ATMA. These scores are used to shortlist candidates for further selection processes.
During the 2023 placement season at Ramaiah Institute of Management (MSRIM) in Bangalore, the highest package for PGDM graduates reached INR 20.36 LPA, with an impressive placement rate of nearly 95%. Top companies such as Honeywell, ICICI Bank, and Deloitte actively recruited students, offering roles like marketing manager, HR manager, and financial analyst. Additionally, almost all students secured internships with leading firms, with second-semester students required to complete a minimum of eight weeks of internship between June and July. The placement cell at MSRIM plays a crucial role in preparing students for these opportunities through various training programs and workshops.
FAQs in Placements 2023
1. What is the placement package for Ramaiah Institute of Management MBA?
The highest placement package for MBA graduates at Ramaiah Institute of Management reached INR 21 LPA in 2023, showcasing the institute’s strong industry connections. The average package offered was approximately INR 7.30 LPA, reflecting competitive salary trends.
2. Is Ramaiah Institute good for MBA/PGDM?
Ramaiah Institute of Management is considered a reputable choice for MBA/PGDM studies, with a solid placement record and a dedicated placement cell that supports student career development. The institute’s curriculum is designed to align with industry needs, enhancing the employability of its graduates.
3. What is the placement for Ramaiah Institute 2023 MBA/PGDM?
In 2023, nearly 95% of students from the MBA and PGDM programs were successfully placed in various top companies. The placement process included participation from numerous prestigious organizations, ensuring diverse opportunities for graduates.
4. Which are the top companies participating in the placement at Ramaiah Institute of Management?
Top recruiters at Ramaiah Institute of Management include renowned firms such as Deloitte, Honeywell, and ICICI Bank, among others. These companies offer a range of roles, including marketing manager, HR manager, and financial analyst, reflecting the diverse career paths available to graduates.