Yes, the IPM program of IIM Rohtak is actually worth it because it’s an IIM after all. Both Rohtak and Indore excel at their IPM programs. If you are not willing to sit for the CAT again and are not confident that you will get in despite trying this is the best option for you. But if you want to explore more opportunities and are confident of getting a better CAT percentile next year this program may not be for you.
IPM or Integrated Program in Management is a 5-year program of business studies from undergraduate to postgraduate level (Integrated BBA-MBA). Students will be awarded a Master of Business Administration (MBA) degree at the end of the program.
Curriculum: The foundation of this program is broad covering areas like humanities, social sciences, arts, and sciences. Other areas that are tackled by this program are management, marketing, accounting, finance, economics, information systems, data science, and strategic management. The pedagogy involves lectures, classroom discussions, experiential lessons, case analyses, simulations, group projects, internships, and mentorships that help in creating an active and student-favorable environment.
Fees: The total fee for the first three years of the program is INR 1,593,000. These fees do not include mess charges.
Eligibility: The eligibility criteria for the IPM program are as follows
Admission process:
IIM Ranchi Admission Process for the IPM program consists of 4 Stages, which are as follows:
Overall I personally feel that the IPM program at IIM Rohtak is worth trying.
The simple answer to your question is no, the new HR programs of IIM Ranchi, NMIMS, or XIMB are not at par with the established ones XLRI, TISS, MDI, and SCMHRD. The established programs especially that of XLRI are the epitome of HR programs. They cannot be compared to the new ones at any given level or parameter.
Now one can say that the curriculum can be replicated and learned faculty can be sought to match the quality of the HR program at these institutes. But the truth is faculty and curriculum are the main but not the only factors that determine an institute's worth. Its own culture, ethics, and background have a lot to do with the programs it offers.
So one cannot match XLRIs programs no matter how much they try.
Out of the IIMs like IIM Rohtak, IIM Raipur, and IIM Udaipur, IIM Ranchi may be the best choice for several reasons. Firstly, despite being an IIM, IIM Ranchi is relatively new and is still working towards building a reputation for itself. On the other hand, IIM Ranchi is an established institution that has been around for longer and can be trusted for its campus, faculty, and placements.
Additionally, as a newer institute, IIM Ranchi may be more focused on making a mark and establishing itself as a top business school, which could potentially lead to a more dedicated and driven faculty and student body. Overall, while all the IIMs are highly regarded institutes, IIM Ranchi may offer a unique and potentially more rewarding experience due to its status as a newer institute.
As a fresher, you will find the curriculum quite hectic and unapproachable. Yet with proper motivation and enough time you will find yourself adapting to the rigor and it will become a part of your life. Some major highlights of the course are
Particulars |
Statistics |
Number of recruiters |
21 |
Number of students |
72 |
Highest salary |
INR 32.21 LPA |
Average salary |
INR 15.63 LPA |
Major Sectors |
IT/ITES, BFSI, Consulting |
Top recruiters |
Accenture, Aditya Birla Capital, AICL, Adian Paints, Capgemini, EY, Flipkart |
All these make the HR program a considerably decent option.
Deciding which college to attend for an MBA can be a difficult decision due to the high cost of tuition and the potential impact on future career prospects. MDI PGP-IM is a specialized program, while IIM Ranchi's PGDM program is a general management program with the option to choose a specialization in the second year. This may limit the scope of the MDI program. Additionally, the PGP-IM program at MDI requires 3 years of work experience, while IIM Ranchi does not have this requirement. While MDI may have the advantage of a strong brand name and proximity to the business hub in Delhi NCR, it is important to consider how much value this adds to the PGP-IM program.
IIM Ranchi has its own set of limitations, such as a temporary campus, but the institute has a strong reputation and a history of good placements. The hostels at IIM Ranchi are also some of the best in the country, offering individual rooms rather than shared accommodations. It is worth noting that some students do transfer from MDI PGP-IM to IIM Ranchi, although it is less common for students to go in the opposite direction. Ultimately, the best college for you will depend on your individual preferences and priorities.
You may be considering enrolling in IIM Ranchi or IIM Tiruchirappalli as a student. These are the top two IIMs among the second-generation IIMs, with IIM Ranchi being slightly better. However, there are several factors that you should consider when deciding which institution to attend.
One important factor to consider is the faculty size and background. It is not just the number of faculty members that matters, but also their qualifications and expertise. All IIMs are generally equal in this regard.
Another factor to consider is the knowledge infrastructure, which refers to the library and other learning resources available to students. This can be an important factor, as access to these resources is essential for student success. IIM Ranchi may lag in this area compared to other IIMs.
Physical infrastructure, such as the availability of a residential campus, is also important. Many students value the college life experience and may want to attend an IIM that has its own campus. IIM Ranchi is currently operating on a temporary campus.
Specialized courses are another factor to consider. With the constantly changing needs of industry and academia, it is important to ensure that the IIM you choose offers specialized courses that align with your interests and career goals. IIM Ranchi does offer a specialized HRM course.
The teaching and learning environment, location, and placement record are also important factors to consider. IIM Ranchi has an advantage in terms of location, as it is located near XLRI in Jharkhand, and has a strong placement record.
Ultimately, it is important to carefully research and consider all of these factors before deciding which IIM to attend.
During the MBA placements season at IIM Ranchi in 2022, the highest and average packages offered were INR 42 LPA and INR 16.62 LPA, respectively. A total of 77 companies visited the campus for recruitment, with 21 specifically visiting for MBA HR placements. The highest and average packages offered during MBA HR placements were INR 32.21 LPA and INR 15.63 LPA, respectively.
Top recruiters included Amazon, Ernst & Young, JP Morgan Chase & Co, Thomson Reuters, KPMG, IBM, Deloitte, Flipkart, PeopleStrong, Sony Pictures, Samsung, Aditya Birla Group, L&T, GAIL, ONGC, Michael Page, Cadila Pharmaceuticals. The top sectors for recruitment were finance, operations, strategy and consulting, IT analytics, sales, and marketing.
If you do not have work experience, you may want to reconsider applying to IIM Ranchi as there are very few freshers in the batch. Additionally, the cutoffs for admissions at the institute are unpredictable and can vary widely. Some applicants with very high percentile scores have been rejected, while others with lower scores have been accepted.
It is also worth noting that even applicants with strong work experience and percentile scores may not always be successful in receiving a call or being shortlisted. It is difficult to predict with certainty whether or not you will be accepted to the PGDHRM program.
Many of the old and new IIMs do not place as much emphasis on HR jobs or electives as XLRI and TISS. If you took a few HR electives and graduated from an old IIM, you may still be able to secure a decent HR job. However, attending XLRI or TISS would likely be a more practical choice for someone interested in a career in HR. New IIMs, including IIM Ranchi and IIM Indore, which now offer PGP HRM programs, tend to have fewer top general management or consulting roles available and almost no great HR roles.
An MBA in HRM is generally considered most useful from XLRI, TISS, SCMHRD, XIMB, and MDI. If you are considering an MBA in HR from IIM Raipur, Udaipur, Sambalpur, Jammu, Nagpur, Bodh Gaya, Trichy, or Vizag, it may not be the best decision.