IIM Ranchi: Fees Structure, Placements, Packages, Courses Offered

IIM Ranchi MBA College

Indian Institute of Management Ranchi is committed to offering high-quality programs and, in recent years, introduced the Integrated Program in Management (IPM). Apart from the two-year full-time flagship course in General Management PGP (MBA), IIM Ranchi also offers a full-term 2-year course in Human Resource Management (PGP-HRM/MBA-HRM) and Business Analytics (PGP-BA/MBA-BA). IIM Ranchi holds the 10the position amongst the top 26 public MBA institutes in India. It also offers a fellow program in management (FPM), funded by the government, and a 24-month post-graduate degree program in management (PGEXP).

Note the table below to get basic highlights of IIM Ranchi.

Particulars	Statistics
Year of establishment	2009
Campus size (Permanent campus under construction)	90.14 acres
Institute type	Public
Type of courses	Postgraduate, Executive, and Doctoral
IIM Ranchi Selection Criteria	CAT/GATE/GRE/GMAT and NET-JRF (UGC/CSIR)
Mode of application	Online & Offline
IIM Ranchi Fees Structure	INR 16 LPA (Approx)
Highest IIM Ranchi Packages	Rs 26.50 LPA
Average IIM Ranchi Packages	Rs 14.69 LPA
IIM Ranchi Cut Off	94+ CAT Percentile
Official website	www.iimranchi.ac.in

IIM Ranchi Placements

The college administration of the Indian Institute of Management Ranchi concluded their final placements round for their MBA & MBA HR Batch of with a 100% placement record. IIM Ranchi witnessed the participation of top MNCs, and coveted roles were offered across multiple domains, including Sales & Marketing, Strategy & Consulting, Finance, Operations, etc. These top MNCs include Capgemini, Infosys, DELL Technologies, Mahindra & Mahindra, Vedanta, Accenture, Deloitte, etc.

Placements Process of Indian Institute of Management Ranchi

The Training and Placement Cell (TAP) at IIM Ranchi is responsible for arranging student placements.

• Students and companies interact on campus through guest lectures, business conclaves, live projects, and corporate competitions.
• The batch profiles are shared with the interested organizations by the TAP.
• The organizations visit the campus to conduct pre-placement talks.
• The resumes of the interested candidates are shared with the participating companies.
• The IIM Ranchi selection process is conducted through campus visits or video conferencing by the companies during the placement season.

IIM Ranchi: Placements Trends and Reports

A detailed report on IIM Ranchi final placements has been given below:

MBA (PGDM)
Particulars	Statistics (2020)	Statistics (2021)
Total Students	181	201 ↑
Total number of recruiters	94	128 ↑
First-time recruiters	71	97 ↑
Highest CTC (Domestic)	Rs 22.37 LPA	Rs 26.50 LPA ↑
Highest CTC (International)	Rs 59.36 LPA	N/A
Median CTC	Rs 14.82 LPA	Rs 14.95 LPA ↑
Average CTC	Rs 15.11 LPA	Rs 14.69 LPA ↓
Average CTC of top 10%	Rs 19.79 LPA	Rs 20.71 LPA ↑
Average CTC of top 25%	Rs 18.54 LPA	Rs 18.85 LPA ↑
MBA HR (PGDHRM)
Particulars	Statistics (2020)	Statistics (2021)
Total Students	67	72 ↑
Total number of recruiters	42	50 ↑
First-time recruiters	21	22 ↑
Highest CTC (Domestic)	Rs 26.5 LPA	Rs 29.75 LPA ↑
Median CTC	Rs 13.85 LPA	Rs 14 LPA ↑
Average CTC	Rs 14.55 LPA	Rs 14.68 LPA ↑
Average CTC of top 10%	Rs 20.9 LPA	Rs 27.37 LPA ↑
Average CTC of top 25%	Rs 18.19 LPA	Rs 21.48 LPA ↑

☛ Related Links:

• CAT Registration
• CAT Eligibility
• CAT Syllabus

IIM Ranchi Sector-Wise placements

The following is the list of sectors in which students of the Indian Institute of Management Ranchi are placed.

Sector	Prominent Recruiters
IT / Analytics	Capgemini, Infosys, Dell Technologies
Consulting	Deloitte, KPMG, o9 Solutions, Accenture, Cognizant
BFSI	ICICI Bank, Yes Bank, JPMC
FMCG	Godrej, Loreal, Asian Paints
General Management / Others	Mahindra and Mahindra, Adani Wilmar, Aditya Birla (Ultratech)

IIM Ranchi Packages: Function-Wise Salary

The below table represents the function-wise salary statistics at IIM Ranchi:

Sector	CTC Type	CTC Amount (INR)
IT Analytics	Highest	25.50 LPA
	Average (Top 10%)	20.17 LPA
	Average (Top 25%)	18 LPA
	Average	13.83 LPA
	Median	14 LPA
Finance	Highest	22.50 LPA
	Average (Top 10%)	21 LPA
	Average (Top 25%)	19.47 LPA
	Average	16,74 LPA
	Median	17 LPA
Operation	Highest	22.40 LPA
	Average (Top 10%)	20.55 LPA
	Average (Top 25%)	18.94 LPA
	Average	14.01 LPA
	Median	13.30 LPA
Sales & Marketing	Highest	26.50 LPA
	Average (Top 10%)	20.94 LPA
	Average (Top 25%)	18.41 LPA
	Average	14.24 LPA
	Median	14.95 LPA
Strategy & Consulting	Highest	22.40 LPA
	Average (Top 10%)	20.45 LPA
	Average (Top 25%)	18.68 LPA
	Average	15.51 LPA
	Median	15.50 LPA

Top Recruiting Companies of Indian Institute of Management Ranchi

IIM Ranchi top recruiting companies were from the Finance, Consulting, and Sales & Marketing domains. It includes the below:

Top Recruiters
Infosys	Capgemini	ICICI Bank
JPMC	Tata Steel	Mahindra and Mahindra
Godrej CPL	Airtel	Asian Paints
Deloitte	Accenture	Samsung

IIM Ranchi MBA-HR Placements

Note the section below to get a list of top recruiters of IIM Ranchi for the MBA HR batch.

Top Recruiters
DE Shaw & Co	Flipkart	Cognizant
Accenture	Britannia	Aditya Birla Capital
Deloitte	ONGC	EY
Michael Page	DS Group	Vedanta

IIM Ranchi Cut Off

For admissions to the Indian Institute of Management Ranchi flagship program, candidates are required to meet the minimum eligibility criteria through CAT to be considered for the admission process.

Category	Verbal and Reading Comprehension Percentile Rank (VARC)	Data Interpretation and Logical Reasoning Percentile Rank (DILR)	Quantitative Aptitude Percentile Rank (QA)	Overall Percentile
General	80	80	80	94
EWS	60	60	60	75
NC-OBC	60	60	60	75
SC	45	45	45	55
ST	30	30	30	40
DAP	30	30	30	40

☛ Related Links:

• CAT Preparation
• CAT Question Paper
• CAT Answer Key

IIM Ranchi Fee Structure

The fee structure of the Indian Institute of Management Ranchi includes the following expenses:

• Admission Fee
• Tuition Fee
• Caution Deposit
• Alumni Fee
• Mess Expenses (excluding the fee structure)

Apart from fees, CAT toppers looking for admission to the top IIMs consider the number of seats. The approximate fee structure for various courses at IIM Ranchi is as follows:

Course	Fee Structure
PGP/MBA Courses	₹16.3 Lakhs (Total Fees)
PGEXP/Executive MBA	₹12.5 Lakhs (Total Fees)
PhD	NA
Executive Ph.D.	₹6.5 Lakhs (Total Fees)

Note the table below to get details data on IIM Ranchi fee structure for PGP, PGP-BA, and PGP HRM.

Particulars	Term 1	Term 2	Term 3	Term 4	Term 5	Term 6	Total
Admission fee	1,00,000	–	–	–	–	–	1,00,000
Tuition	2,50,000	2,50,000	2,50,000	2,50,000	150000	1,85,000	10,10,000
Alumni Fee	10,000	–	–	–	–	–	10,000
Caution deposit	20,000	–	–	–	–	–	10,000
Total	3,80,000	2,50,000	2,50,000	2,50,000	2,50,000	2,50,000	16,30,000

Course-Wise Eligibility of IIM Ranchi

Indian Institute of Management Ranchi offers postgraduate, executive, doctoral, and certificate-level programs such as PGP, PGP-BA, PGPHRM, PGEXP Ph.D., and E-Ph.D. The eligibility criteria of IIM Ranchi for some of the prominent programs are given below:

Course	Eligibility Criteria	Fee Structure
PGP-BA (MBA-BA)	Full-time undergraduate/post-graduate degree with a minimum of 60% marks or equivalent CGPA in Engineering/technology/architecture OR Science with mathematics/statistics/operations research/computer science/physics/engineering physics/information technology/information science OR Computer application	INR 16.30 Lakhs
PGP-HRM (MBA-HRM)	Bachelor’s Degree, with at least 50% marks or equivalent CGPA (45% in case of the SC/ST/DAP candidates)	INR 16.30 Lakhs
PGEXP	Graduates of any discipline can apply. CAs/CSs/ICWAs/professionals, having graduate equivalent educational qualification. Minimum five years of full-time work experience	INR 12.50 Lakhs
PhD	Master’s degree or Post Graduate Diploma or its equivalent in any discipline with first class OR B.Tech or a 4 Years Degree with a 6.5 CGPA or equivalent OR Professional qualification such as CA/ ICWA/ CS with a B.Com/ Degree with minimum 55% aggregate marks or equivalent grade point average Note: Further to the above, applicants must have secured a minimum of 55% marks in all public examinations starting from the secondary level	NA
Executive Ph.D.	Master’s degree or Post Graduate Diploma or its equivalent in any discipline with first class OR B.Tech or 4 Year Degree with 6.5 CGPA or equivalent. OR Professional qualification such as CA/ ICWA/ CS with a B.Com/ Degree with minimum 55% aggregate marks or equivalent grade point average. Note: Further to the above, applicants must have secured a minimum of 55% marks in all public examinations starting from the secondary level	INR 6.5 Lakhs

IIM Ranchi Courses

The list of courses offered according to the IIM Ranchi Courses and Programmes List accepted exams and the duration of courses is listed below.

Courses	Duration	Program Type	Exams	Total Fees	Median Salary
MBA/PGP Programs	2	Full-time	CAT	INR 16 LPA	INR 15 LPA
Ex-MBA	2	Part-time	–	INR 13 LPA	–
IPM	5	Full-time	IPMAT	INR 15.93 LPA	–
Ph.D.	4	Full-time	CAT, GATE, GRE, GMAT, and NET-JRF (UGC/CSIR)	–	–
Ex-Ph.D	4	Part-time	CAT, GATE, GRE, GMAT, and NET-JRF (UGC/CSIR)	INR 4 LPA	–

Scholarships offered by Indian Institute of Management Ranchi

The fee structure varies according to an applied course at IIM Ranchi. IIM Ranchi offers scholarships in Need-Based Financial Assistance (NBFA) to the PGP/ IPM students whose gross annual family income is less than Rs 4.5 lakh in that academic year. Certain relaxations are available to NC-OBC, SC, ST, EWS, and PwD students.

The fees do not include the cost of accommodation, so it is recommended to read the brochure and fee details for each course carefully at the time of taking admission. Also, it may vary for international students.

IIM Ranchi Selection Process

Here are the various steps involved in the Indian Institute of Management Ranchi MBA admission procedure.

• Register for the qualifying CAT Exam
• Meet the minimum sectional and overall CAT Cut Off to become eligible for the admission process.
• Apply for the Common Admission Process (CAP)
• Participate in the Personal Interview Round
• Final selection basis merit list generated after the last round (PI)

First of all, the candidates need to clear CAT Cut Off, for both overall and sectional. Clearing the cut-off is the first and foremost step, and every candidate must clear it to shortlist the food final selection process.

All the candidates who qualify in Stage I are further eligible to appear for the CAP process consisting of the PI round. However, owing to the present pandemic situation, WAT is not being conducted, and the PI process is completed through an online medium.

After the conduction of the PI, a Consolidated Merit List (CML) is prepared based on the CAT score, PI Score, and Academic Profile Score, based on the overall academic performance at different levels.

A Consolidated Merit List (CML) is the following components and their corresponding weights:

Parameters	Weightage
CAT Score	40%
PI Score	30%
Profile	30%

The score assigned to Profile is distributed among the following:

• Academic Profile: 13%
• work Experience: 7%
• Academic diversity: 5% (For non-Engineering Graduates)
• Gender diversity: 5% (For female candidates)

The Academic Profile is based on SSC, HSC, and Graduation marks obtained as mentioned below:

Parameters	85% and above	80% – 85%	75 – 80%	70 – 75%	70 – 65%	Less than 65%
SSC	4	3	3	2	1	0
HSC	4	3	3	2	1	0
Graduation	5	4	3	2	2	0

The scoring for Work Experience is as follows:

Duration of Work Experience	Weightage(%)
Up to 6 Months	0
7-12 Months	2
13-18 Months	5
19-24 Months	6
25-30 Months	7
31-36 Months	4
37-42 Months	3
43-48 Months	2
Greater than 48 Months	1

Infrastructure and Facilities offered by Indian Institute of Management Ranchi

IIM Ranchi has a well-organized infrastructure and state-of-the-art facilities for its students. These include:

• Library- Athenaeum, the library at IIM Ranchi (Khelgaon campus), is stacked with both print and electronic formats of books, journals, CDs/DVDs, databases, reports, e-journals, and so on. It provides both in-house and network-based services to the users.
• Hostel- The hostel option available at IIM Ranchi is available at both Dhurwa, the permanent campus, and Khelgaon, the temporary campus. The hostel at Khelgaon has three-bedroom and four-bedroom flats, fully furnished and installed with 5-star facilities. There is a mess and a canteen for each block, which remains functional for almost 20 hours a day.
• Other facilities- Apart from the above, IIM Ranchi Khelgaon campus offers a well-developed sports complex for its students, computer labs, cafeteria, gym, hospital, and medical facilities, a/c classrooms, an auditorium, free wi-fi on the campus, shuttle services, etc. The new (permanent) campus in Dhurwa is at present ready with 10 classrooms, the Director’s chamber, the Administrative building, the dining hall, and faculty quarters. The campus is expected to complete construction soon.

IIM Ranchi Hostel

Indian Institute of Management Ranchi permanent campus is at the last stages of completion. The permanent campus at Dhurwa has opened its doors and can accommodate up to 400 students. The remaining students will be placed at the government-provided facility in Khelgaon. Students will attend classes at their respective campus locations as allocated by the administration. The Khelgao location has awesome residential facilities at the residential block of the sports complex, located on the outskirts of Ranchi. It has 3-bedroom and 4-bedroom shared flats, fully furnished, serviced, and installed with five-star amenities. There are separate blocks for girls and boys; each block has a mess and a canteen. There are common announcement systems for each floor of the block.