IIM Ranchi Placement & Packages 2022: Process, Lowest, Highest Packages

IIM Ranchi Placement & Packages 2022: Process, Lowest, Highest Packages

ByAditi Joshi  |  Updated on: Feb 24, 2022
IIM Ranchi 2021 Details below intended to give Highlights, Admission, Eligibility Criteria, Cutoff, Courses, Fees, Scholarships, Facilities

IIM Ranchi Placements Highlights 2022

The IIM Ranchi Placements 2022 concluded their final placement round for their MBA & MBA HR Batch of 2019-21 with a 100% placement record. 

The institute 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.

A total of 273 students were placed from IIM Ranchi MBA and MBA in HR program during placements 2021. The highest salary package offered for its MBA program is Rs 26.5 LPA and 29.75 LPA for MBA in HR. 

MBA:

  • There was a hike in the highest CTC offered from 22.37 LPA to 26.5 LPA in 2021
  • A marginal dip was recorded in the average CTC offered  from 15.11 LPA in 2020 to 14.69 LPA in 2021
  •  A hike was recorded in the median CTC offered at 14.82 LPA in 2020 to 14.95 LPA in 2021
  • The total number of recruiters surged from 94 to 128 for the MBA programme and the number of new recruiters increased from 71 to 97

MBA – HR:

  • The average stipend offered to the 2020-22 batch for summer internship was 1 lakh 
  • There was a slight increase in the median stipend offered in 2021 at 80 thousand to 85.96 thousand in 2022
  • The  highest stipend offered at IIM Ranchi stood at 2.89 LPA in 2022 for the 2020-22 batch 

IIM Ranchi Summer Placements 2022

IIM Ranchi Summer Placements 2022:

MBA

  • The total batch strength for the MBA programs increased from 281 in 2021 to 329 in 2022
  • A marginal increase was recorded in the average stipend offered from 97.5 thousand in 2021 to 95.69 thousand in  2022
  • There was a slight dip in the median stipend offered in 2021 at 75 thousand to 73 thousand in 2022

MBA HR

  • The average stipend offered to the 2020-22 batch for summer internship was 1 lakh 
  • There was a slight increase in the median stipend offered in 2021 at 80 thousand to 85.96 thousand in 2022
  • The highest stipend offered at IIM Ranchi stood at 2.89 LPA in 2022 for the 2020-22 batch 

IIM Ranchi Placements Process 2022

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

  • 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 selection process is conducted through campus visits or video conferencing by the companies during the placement season. 

IIM Ranchi Function-Wise Salary packages

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

IIM Ranchi Top Recruiting Companies

IIM Ranchi's top recruiting companies were from the Finance, Consulting, and Sales & Marketing domains. They included the following:  

Infosys

Capgemini

ICICI Bank

JPMC

Tata Steel

Mahindra and Mahindra

Godrej CPL

Airtel

Asian Paints 

Deloitte

Accenture

Samsung

IIM Ranchi MBA-HR Placements 2021 Top Recruiters:

DE Shaw & Co

Flipkart

Cognizant

Accenture

Britannia

Aditya Birla Capital

Deloitte

ONGC

EY

Michael Page

DS Group

Vedanta

IIM Ranchi Sector-Wise placements

The following is the list of sectors in which students of IIM 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 College Exam Placement & Packages FAQs

  • Sales and Marketing, followed by IT & Analytics are the top placements domains generated during the last IIM Ranchi placements.

  • The highest package of IIM Ranchi stood at 29.75 LPA for the current batch of 2019-21.

  • The top recruiters for IIM Ranchi are Asian Paints, Dell Technologies, JP Morgan, Chase & Co, Mahindra, Titan, L&T, Yes Bank, Cognizant, KPMG, Accenture, etc. 

  • Some eminent recruiters participating in the summer placement season for IIM Ranchi include Asian Paints, Godrej, Flipkart, Capgemini, Cognizant, Samsung, ICICI Bank, Tata Steel, Cipla Health, etc.

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