What is the fee for IIM Ranchi

IIM Ranchi MBA fee is INR 17,50,000 for 2 years which includes all the charges like the tuition fees, hostel fees, acceptance fees, caution deposit, and alumni fees.

What percentile is required to get into IIM Ranchi?

IIM Ranchi CAT cut-off for admission into an MBA program is 94percentile. The cut-off is the same for MBA-HR and MBA-BA.

How are the placements in IIM Ranchi?

In the 2024placement drive, the highest package witnessed was INR 37.80 LPA. The average package for top 25 percentilewas INR 24.55 LPA.

Is IIM Ranchi good for MBA HR?

IIM Ranchi had 33 recruiters for MBA in HR with the highest offer being 33.97 LPA, also IIM Ranchi is mostly known for its HR Course.

What are the courses taught at IIM Ranchi?

IIM Ranchi offers around 15+ courses that include MBA, Integrated MBA, Executive MBA, PhD, Executive PhD, and certificate courses.

How is the hostel life in IIM Ranchi?

The hostel campus is situated away from the city in a peaceful location. The students are allotted individual rooms with attached bathrooms. The campus has a cafeteria and snack bar that stay open all night. Students can enroll themselves in the Khelgaon sports complex, to use all the sports facilities.

What is the average salary after IIM Ranchi?

The average salary of IIM Ranchi in the 2024placement drive was INR 18.69 LPA.

Can I join IIM Ranchi after 12th?

Yes, one can apply to IIM Ranchi for the IPM program after completion of class 12th. It is an integrated course in management that accepts students after completion of class 12th only.

Can I join IIM Ranchi without CAT?

No, IIM Ranchi requires CAT scores to select the students for MBA admissions. The CAT scores are used to prepare the first shortlist of candidates to invite them for personal interview.

What is the NIRF ranking for IIM Ranchi?

For MBA the NIRF 2023 ranking for IIM Ranchi is 24thin India out of 100 management institutes.

What was the highest offered at IIM Ranchi?

The highest salary offered last year in 2022 at IIM Ranchi was 32.21 LPA and in 2023 the highest international offer was INR 67LPA. The highest salary offered to batch 2024 was INR 37.80 LPA.

How is IIM Ranchi for MBA?

IIM Ranchi is among the best for MBA. It holds a national rank of 24on NIRF 2023 among 100colleges.

Can I choose to live in private accommodation rather than institution-provided hostels?

Ans: No, it is compulsory for the students to stay in the accommodations provided by IIM Ranchi.

What are the eligibility criteria for getting into IIM Ranchi?

The eligibility criteria for IIM Ranchi is a bachelors degree in any field, with a minimum of 60% aggregate marks.

Does IIM Ranchi have an International Student Exchange program?

Yes, IIM Ranchi does have an International Exchange program. It has a tie-up with institutions like Ural Federal University(Russia), Woosong University(Korea), Alba Graduate Business School(Greece), and many others.

Does IIM Ranchi have doctoral programs?

Yes, IIM Ranchi does have doctoral programs, with specializations in:-Accounting & FinanceEconomicsGeneral Management -Business Law, Business Ethics, Regulatory Environment & Business CommunicationInformation Systems & Business AnalyticsMarketing ManagementOrganizational Behavior & Human Resource ManagementOperations ManagementStrategic Management

Does IIM Ranchi have an executive MBA program?

Yes, IIM Ranchi does have an executive MBA program for applicants having a minimum of 5 years of full-time work/professional/entrepreneurial experience.

What are the fees for an executive MBA at IIM Ranchi?

The fee for IIM Ranchi Executive MBA is INR 12,50,000 for 2 years.

Does IIM Ranchi offer an undergraduate program as well?

Yes, IIM Ranchi does offer an undergraduate program though it is a blended 5-year integrated MBA and at the end of the program the student will be awarded an MBA degree.

Does IIM Ranchi has clubs and committees?

Yes, there are many clubs in IIM Ranchi, some of them areE-Cell ClubEllipsis, the Literary clubConundrum, the consulting clubDIGITALYTICS ClubFinopsis ClubHR ClubMarquess ClubPolynomicsSamarpan ClubSankriya Club

What is the fee structure for IPM at IIM Ranchi?

The IPM program charges INR 15,93,000 for the first 3 years of the program and in the last two years, the students have to pay the MBA fees which are INR 17,50,000.

What are the reviews of the PGPHR Program at IIM Ranchi?

IIM Ranchi is one of the newer IIMs set up in the year 2009 and since then has continuously moved up in terms of ranking and placements. The PGDHRM program especially has gained immense popularity over the last few years. It ranks in the top 6 HR programs in India as per many ranking agencies like NIRF.

Can I get admission to IIM Ranchi if I clear the CAT cut-off?

No, meeting just the cutoff does not guarantee admission to IIM Ranchi. Aspirants must also clear the WAT and GD PI rounds for admission.

What is the cut-off for IIM Ranchi IPM?

IIM Ranchi has not released the minimum cutoff requirement for the IPM program. However, the expected cutoff for IPM admission via IPMAT is 265/300.

Is SAT necessary for admission into the IPM program at IIM Ranchi?

SAT was considered by IIM Ranchi for IPM admission, but from 2023admissions the SAT scores wont be considered. Only IPMAT scores will be considered for IPM admission.

What is the ROI of IIM Ranchi?

IIM Ranchi MBA fees is INR 17.5 Lakhs whereas the average package for the batch 2024 stood at INR 18.69LPA. So the ROI ispositive.

Do 10th and 12th marks matter for admission into IIM Ranchi?

Yes, 10th and 12th marks are necessary for getting shortlisted in IIM Ranchi. The 10th and 12th scores are considered to prepare the final merit list for MBA.

Does PhD students of IIM Ranchi receive stipend?

Yes, the PhD students at IIM Ranchi receive stipend of INR 35,000 for the first 2 years and INR 40,000 after qualifying the comprehensive examination at the end of the second year.

Is it easy to get into IIM Ranchi?

As per IIM Ranchi cutoff 2023, candidates belonging to the General category are needed to secure 94 overall percentile and for EWS and NC-OBC category, the overall IIM Ranchi cutoffs are 77. For the Scheduled caste category, the sectional cutoff is 44 percentile and overall is 60.

Who can apply to PhD program at IIM Ranchi?

Anyone who fulfill the following eligibility criteria are eligible to apply for PhD at IIM Ranchi:Masters degree or Postgraduate diploma with first class4-year Bachelors degree with 6.5 CGPAB.Com with CA/ ICWA/ CS certification with 55% marks

What financial support does IIM Ranchi provide to its PhD students?

IIM Ranchi provides financial assistance for 4 years, which includes the following:The tuition fee for the PhD students is waived off for the entire program.The accommodations are free at the campus.They get a stipend of INR 35,000 for first 2 years and the stipend increases to INR 40,000 after qualifying the comprehensive examination at the end of the second year.Then there is contingency allowance of INR 1,00,000 and INR 50,000 for purchase of computer and software.Conference Grant for first four years and Financial support in presenting papers in 4 Domestic and 1 International Conference.

What is CPGM Program at IIM Ranchi?

CPGM is a certificate course in General Management, that can be pursued by anyone who holds a bachelors degree and 2 years of work experience.

Ques, What is the fee structure of IIM ranchi MBA program?

The total fee for the MBA program is NR 17,50,000 which includes the following charges:Acceptance fee - INR 1,10,000Tution Fee - INR 14,90,000Hostel Charges - INR 1,20,000Caution Deposit - INR 20,000Alumni Fee - INR 10,000

Is IIM Ranchi Worth Joining?

Academics, Projects and Placements: It has a plethora of courses to offer to the students every year. The college offers live project opportunities to the students which provide them real-time experience and apply what they have learned to real-world scenarios and work within real constraints of resources, people factors and other organizational constraints.Faculty: IIM Ranchi has a unique portfolio of faculty model that accommodates a mix of accomplished resident faculty and visiting faculty from top b-schools like IIM A, IIM C and FMS.

What are the hostel charges at IIM Ranchi?

Hostel charges of INR 1.2 Lakhs which is 20,000 per term is charged from students.

How are IIM Ranchi MBA Placements?

IIM Ranchi recently concluded its 2022 MBA placement drive that saw a participation of 253 students & 77 recruiters. The highest salary bagged by the MBA students stood at INR 32.21 LPA & the average salary stood at INR 16.17 LPA. Major recruiters included Amazon, IBM, Hero, Capgemini, Aditya Birla Capital & many more.

What was the highest salary offered during IIM Ranchi Placements 2022?

The highest salary of INR 32.21 LPA was offered during IIM Ranchi Placements 2022.

How are IIM Ranchi HR Placements?

IIM Ranchi recently concluded the placement drive for its MBA HR 2020-22 batch. There was a participation of 72 students & 21 recruiters. The highest, average & median salary stood at INR 32.21 LPA, INR 15.63 LPA & INR 15.40 LPA respectively.

What was the average salary received during IIM Ranchi Placements 2022?

MBA students received an average salary of INR 16.17 LPA & MBA HR students received an average salary of INR 15.63 LPA during IIM Ranchi Placements 2022.

How many recruiters visited the campus during IIM Ranchi Placements 2022?

250+ recruiters visited the campus during IIM Ranchi Placements 2022.

Who are the prominent recruiters of IIM Ranchi Placements 2022?

Prominent recruiters of IIM Ranchi Placement 2022 included Caogemini, Aditya Birla Group, Amazon, IBM, Reliance Retail, HCL etc.

IIM Ranchi MBA : Fees 2025, Course Duration, Dates, Eligibility

IIM Ranchi: Students' Opinion

AI-Generated Summary based on Reviews

IIM Ranchi offers a comprehensive MBA program with a smooth admission process that includes a Group Discussion and Personal Interview. Candidates are shortlisted based on CAT scores, followed by a written test and interview. The college values diversity and has a renowned faculty that uses presentations and case studies for teaching. Guest faculty from the industry provide invaluable exposure. The fee structure is considered reasonable, with bank loans available to ease financial concerns.

Hostel accommodation is single-occupancy and valued for money. IIM Ranchi boasts a 100% placement record, with over 100 companies participating annually. For the 2018-2020 batch, 94 recruiters, including first-timers, offered roles in diverse fields like Consulting, Finance, and IT. Top recruiters include JP Morgan Chase and Amazon. The average CTC was 15.11 LPA, with the highest domestic package at 26 LPA and international at 59.36 LPA. The dedicated student placement team ensures a seamless process, backed by a strong alumni network and Entrepreneurship Cell.

The total cost for the MBA ranges from Rs. 16.3 lakh to Rs. 19 lakh, including hostel fees, with mess charges of Rs. 21,000-27,000 per trimester. Collaborations with banks like SBI and PNB provide education loans up to Rs. 40 lakh without collateral. Scholarships, including government schemes and the Merit-cum-Means scholarship, support minorities and top students. Despite a 6% annual fee increase, financial aid and robust placements make IIM Ranchi a top choice among new IIMs.

By Collegedunia’s Personal AI

Events	Dates
CAT 2024 Registration Date	Aug 03, 2024 - Feb 13, 2025

Events

Dates

CAT 2024 Registration Date

Aug 03, 2024 - Feb 13, 2025

IIM Ranchi Master of Business Administration [MBA] Ranking

IIM Ranchi MBA ranking by Collegedunia.com is 25 out of 608 in India in 2024. IIM Ranchi MBA ranking by Outlook is 7 out of 25 in India in 2024 and it was ranked 7 out of 24 in India in 2023. IIM Ranchi MBA ranking by IIRF is 15 out of 46 in India in 2024 and it was ranked 19 out of 44 in India in 2023

Collegedunia Ranking

#25 out of 608 in India 2024

#2nd in Jharkhand

IIRF Ranking

#15 out of 46 in India 2024

#1st in Jharkhand

Do you think the Rankings are wrong ? Report Here

Master of Business Administration [MBA] Comparison

	IIM Ranchi	NMIMS Mumbai
Reviews Rating	-	-
Cost To Study	Total Fees ₹17.2 Lakhs (2 Years ) Hostel Fees ₹120000 Check Detailed Fees	Total Fees ₹2500000 (2 Years ) Hostel Fees ₹180000 Check Detailed Fees
Ranking	# Ranked 24/125 by NIRF Management Ranks	# Ranked 10/272 by India Today Management Ranks
Highest Salary	₹3780000	₹6780000
Average Salary	₹1869000	₹2663000
General Course Details	Duration - 2 Years Course Offered - Full Time Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details	Duration - 2 Years Course Offered - Full Time Total Seats - 600 Mode - Full Time Degree Type - On Campus Course Level - Post Graduation Course Credential - Degree Check Course Details
Eligibility	Graduation	Graduation with 50% + NMAT

IIM Ranchi: 10 Answered Questions

Is it worth choosing IIM Ranchi, Trichy for MBA in terms of placement and future scope?

Shravan KumarPGDM from Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India (Graduated 2018)

Yes, you can easily choose IIM Ranchi or Trichy based on their placement statistics because the placement scenarios at both IIMs seem promising despite the lack of infrastructure and campus facilities. In many cases, Trichy and Ranchi have exchanged leads outside the ABC and LIK worlds. All can be overcome if you are taught by the best professors.

Elaborating further, IIM Trichy seems better than Ranchi or Rohtak to me. The reason being the superior teaching methods and its favorable location both for students as well as recruiters. Apart from Trichy, other IIMs are also doing fairly well compared to non-CAT MBA institutes. These are doing well with the help of sponsor IIMs which arrange faculty and placements. These in turn select their own Directors and invest in the infrastructure required in another 3–4 years as Trichy and Ranch have already done.

How is IIM Ranchi MBA finance?

Payal GuptaStudied Accounting and Finance (Graduated 2022)

Since you are curious about finance only, I will try to answer your question based on the Finance domain only. To elaborate let’s consider the following merits and demerits

Merits

Placements: IIM Ranchi is a new IIM so you cannot get front-end IB roles right off the bat. Yet it offers many roles that can be your stepping stones into the finance world. It does not offer front roles in IB, PE, VC, and bulge bracket equity research. One cannot expect such roles in the near future. But the fact is all these roles are available at the top IIMs only to the cream students. So if your profile is the same, changing the institute won’t matter. Many reputed Investment Banks offer middle office roles like Private credit, Debt capital firms, and Outsourced financial research firms. These roles can kick start your career in finance if not grant you a high-paying job.
Faculty: The finance faculty is just average here and only those who are really motivated and determined can survive. Some even quit finance in the second year due to the same reason. The teaching quality is diverse and some may find it not at par with their expectations.
Crowd: Most of the students opt for Finance as one of their majors in the second year. Additionally, a team even won the CFA RC India competition and represented India in the Asia Pacific finals. So the crowd is diverse and of premium quality.
CFA: The CFA Certification aims at enhancing finance knowledge and placements at large. The class lectures combined with the theoretical knowledge of CFA will make it very easy for you to understand Finance in depth.

Demerits:

Lack of major front-end role opportunities
Tools like Bloomerang are not much common in the curriculum
The relatively new courses in Finance like PE/VC, alternative investments, REITs, SPACs, IPO financing, and M&A are not given enough focus.
The teaching faculty needs to be improved

All in all I think IIM Ranchi is a decent choice for Finance and in the years to come will have improved a lot.

Is it worthwhile to pursue an MBA from IIT Bombay, IIM Trichy or IIM Ranchi?

Devesh OjhaStudied Master of Business Administration Degrees at Indian Institute of Management Ranchi (Graduated 2021)

My brother was in a similar dilemma as he wondered if spending high fees and 2 years of his life at a new IIM was even worth it. But eventually, he joined it and today he is glad he took the decision. Some major reasons for his satisfaction are

The amazing exposure he could experience through Corporate Competitions, Live Projects, and Guest Lectures.
Interacting with industry experts and top-notch visiting faculties from throughout the country.
The innumerable student activities like Management fest, AGON & Sports and Cultural fest, and RUSH made it possible for the students to promote their talents at the National level.
Some of the best Clubs and Committees that improve your organizational as well as extracurricular skills.

So yes, joining IIM Ranchi for an MBA is worth every rupee and every second you spend.

Are New IIMs (Trichy, Udaipur, Ranchi, Rohtak, Raipur, Kashipur) good for MBA in Finance? If not suggest some B-schools. Really interested in investment banking.

Shrey BankaBMS from Shaheed Sukhdev College of Business Studies (Graduated 2022)

Honestly speaking, a career in investment banking should not be considered by the new IIMs. It’s a too ambitious profile to match the relatively new curriculum of these IIMs. Even if you are in a top B School, you will have to remain among the top students to get placed for a front-end role. One can still get roles in corporate & business finance but getting roles in Investment Banking is rather difficult.

Yet if you are not choosing an older IIM and want to choose a newer one, IIM Trichy is the best among them. The order is

IIM Trichy > IIM Udaipur > IIM Ranchi

There are many B Schools apart from IIMs that offer great Investment Banking roles. These include SPJIMR, JBIMS Mumbai, IIFT, and XLRI.

After a B.Tech from an IIT, should one go for an MBA from IIT Bombay / Delhi or from newer IIMs like Kozhikode or Ranchi?

Anubhav RajStudied at Indian Institute of Management Ranchi (2019)

The answer to your question is objectively based solely on your inclinations. IITs might offer a better ROI than IIMs. But had I been in your place I would have gone for the newer IIMs like Kozhikode or IIM Ranchi which is one of the fastest-growing IIMs. The reasons for taking this decision would have been

Better opportunities in finance, marketing, and consulting domains.
Better placement opportunities
Better industry exposure
The prestige of being a part of the IIM alumni network
The IIM tag

All these points make IIM a more tempting choice. Yet if you are tight on budget and just want to go for the Operations domain IIT will do fine for you.

Is it worth for IIM Ranchi MBA graduate with 3 year of previous work-ex in IT to join mu sigma as apprentice leader trainee?

Manash Jyoti DasStudied MBA in Marketing at Indian Institutes of Management (2020)

No, I certainly will not suggest that you go for MU Sigma as an apprentice leader trainee. There are many better options like joining a structured, organized company with a decent work ambiance. These aspects are missing in MU Sigma which has a weird business model. The business model is based on the concept ‘Throw them in water, they will learn to swim”. That is if they are made to face hardships they will end up learning the skill to survive. In reality, this has caused relentless suffering to the professionals, the managers, and most importantly the clients. Everybody is clueless and no proper targets are allotted. So I am completely against you joining MU Sigma.

How do you rate getting an MBA from a new IIM like IIM Ranchi or IIM Trichy? Should one wait a year and try getting into better B schools instead?

Anamica AgarwalPh.D from Indian Institute of Management Ranchi (Graduated 2017)

IIM Ranchi's MBA placement drive for 2022 saw 77 companies visit the campus for recruitment. The highest and average packages offered during this placement drive were INR 42 LPA and INR 16.62 LPA, respectively.

IIM Trichy's final placement report for 2022 showed that the institute attracted over 110 industry giants who offered a variety of job roles in Sales & Marketing, Finance, Consulting, IT & Analytics, Operations, and HR. The highest and average packages offered during this placement drive were INR 34 LPA and INR 17.01 LPA, respectively.

There are several ways to compare the quality of MBA programs at new IIMs such as IIM Ranchi and IIM Trichy. One method is to look at student performance and perception as reflected in B-school surveys. You can also try finding information about the experiences of graduates from these institutes. Another way to gauge the quality of an MBA program is to look at the performance of students in competitions, such as recruitment challenges, quizzes, paper presentations, and management fests. While these events can provide insight into student abilities, they may not necessarily reflect the capabilities of the faculty at a given institute.

To get a better understanding of the faculty of an MBA program, you may want to consider the learning approach of the program. A good MBA program will have faculty members who have both studied the subject area extensively and have practical experience in the field. You can also look at the clubs and events related to marketing at the institute, as well as any visiting faculty, guest lectures, workshops, or training that have been held in the last one to two years. A reputable institute should make this information publicly available.

Which one is better for an MBA consultancy with 6 years of IT experience: IIM Ranchi or IIM Trichy?

Yash ChandraManagement Graduate in Business Management & Marketing, Indian Institutes of Management (Graduated 2018)

IIM Trichy is an institute that has demonstrated significant improvement in recent years and is focused on becoming one of the top 5 IIMs. It has a strong connection with industry, which is further strengthened by the presence of its Chennai Centre, which directly connects with industries across India. The institute also receives close mentorship from IIM Bangalore, allowing students to receive lectures from the best professors at both IIM Bangalore and IIM Calicut.

In terms of placements, IIM Trichy has consistently performed well. The MBA (PGPM) 2020-2022 batch achieved 100% placement, with a 15% increase in the average salary, which rose to INR 17.01 LPA from INR 14.85 LPA the previous year. The final placement report for 2022 showed that over 110 industry giants offered a variety of job roles in fields such as sales and marketing, finance, consulting, IT and analytics, operations, and HR. The highest package offered during this placement drive was INR 34 LPA.

Is joining new IIMs (Ranchi, Trichy, Udaipur) worth it? How will be the career growth after an MBA from new ones?

Arvind Balakrishnan99.22 CAT'16, PGPM at MDI Gurgaon

The career growth offered by the new IIMs is difficult to analyze as they haven’t been established for long. One cannot infer their worth easily as its alumni are yet to establish themselves in the corporate world. It will take a few more years to determine the growth of CEO alums career-wise.

If you are concerned about the general job prospects, try going through the placement reports of these IIMs. You will get a general idea of the packages and roles offered.

To know if the new IIMs are worth going for, you need to check what you are expecting from these B Schools. If you are looking for basic learning and a small push to kickstart your career, the new IIMs will benefit you. But if you are on the lookout for high ROI, the new IIMs may or may not satisfy your expectations.

What is going to be a better option among the following B schools - VGSOM, new IIMs (Ranchi, Trichy, Raipur), or NMIMS?

Rajat TokasXaviers || NIT DURGAPUR || L&T || MDI gurgaon(2020-2022)

When it comes to choosing a business school, the competition is fierce and the options can be overwhelming. Three institutes that are considered to be among the top in the country are the Vinod Gupta School of Management (VGSOM) at IIT Kharagpur, the Indian Institute of Management (IIM) Ranchi, and the Narsee Monjee Institute of Management Studies (NMIMS).

If you are interested in an operations profile, then VGSOM is a great choice. It is considered to be one of the best institutes in the country for operations specialization, after NITIE. Additionally, the return on investment (ROI) is high. IIM Ranchi, on the other hand, may have a lower average package compared to the other two institutes, but it has the prestige of the IIM tag and a decent profile. The hostels are also fabulous, with single rooms available for students.

NMIMS is considered to be more costly and the batch strength is over 500 students. The top 150-200 students get superb packages and roles that are at par with other top B-schools, however, the next lot of students may have a lot of start-ups, etc. If you want to play safe, VGSOM or IIM Ranchi might be the best option.

However, if you are willing to take a risk, NMIMS might be a good choice as the profiles there are really good. It's ultimately up to you to decide which institute aligns best with your career goals and objectives. Rest assured, whichever institute you choose, you will be choosing a great institution as all three are among the top institutes in the country.

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