IIM Ranchi Placements 2023 : Average Package : INR 16.17 LPA & Highest Package : INR 65 LPA
IIM Ranchi Placements 2023 : Average Package : INR 16.17 LPA & Highest Package : INR 65 LPA
IIM Ranchi is conducting its placement drive for the batch 2023 and a students was offered a highest package of INR 65 LPA which was offered by Tolaram Group. IIM Ranchi has relased its placement report for the batch 2022. The MBA & MBA HR students received an average salary of INR 16.17 LPA & INR 15.63 LPA respectively. The highest salary offered was INR 32.21 LPA which is nearly 8.3% higher as compared to the previous year.
The placement drive saw a participation of 250+ recruiters. Major recruiters included Deloitte, Aditya Birla Group, Infosys, EY, IBM etc. Students received various job roles during the placement drive. Some of the job roles are Asset Management, Wealth Management, Corporate Banking, Project Management etc.
IIM Ranchi Summer Internship Placements 2023 final report has also been released. The highest stipend stood at INR 3.50 Lakhs per month. MBA, MBA BA & MBA HR students received an average stipend of INR 1 Lakh per month, INR 92.50 K per month & INR 1.20 Lakhs per month respectively.
To know more click here IIM Ranchi Courses & Fees
Table of Content
- IIM Ranchi Placements 2023 Report
- IIM Ranchi Placements 2023 Course - Wise
- IIM Ranchi Placements 2022 Course - Wise
- IIM Ranchi MBA Placements 2022
- IIM Ranchi MBA HR Placements 2022
- IIM Ranchi Placements 2022 Batch Profile
- IIM Ranchi Summer Internship Placements 2023 Report
- IIM Ranchi Summer Internship Placements 2023 Course - Wise
- IIM Ranchi MBA Summer Internship Placements 2023
- IIM Ranchi MBA BA Summer Internship Placements 2023
- IIM Ranchi MBA HR Summer Internship Placements 2023
- IIM Ranchi Summer Internship Placements 2023 Batch Profile
- IIM Ranchi Placements 2021 Sector - Wise Analysis
13.1 IIM Ranchi Finance Sector Placements 2021
13.2 IIM Ranchi Sales & Marketing Sector Placements 2021
13.3 IIM Ranchi Operations / Consulting / Other Sector Placements 2021
To know more click here IIM Ranchi Cutoff
IIM Ranchi Placements 2023 Report
| Particulars | Placements Statistics (2021-23) | Placements Statistics (2020-22) |
|---|---|---|
| Number of Recruiters | 140 | 250+ |
| Number of Students | 502 | 325 |
| Highest Salary | INR 65 LPA | INR 32.21 LPA |
| Average Salary | - | INR 16.17 LPA |
| Median Salary | - | INR 15.50 LPA |
| Job Roles Offered | Product Management, Business Analyst, Asset Management, Wealth Management | Asset Management, Wealth Management, Corporate Banking, Project Management |
| Top Recruiters | Capgemini, Dell, Infosys, Asian Paints, Dell | Deloitte, Aditya Birla Group, Infosys, EY, IBM |
Also check IIM Ranchi Admission 2023
IIM Ranchi Placements 2023 Course Wise
The following table represents the salary statisitcs for the batch 2023 at IIM Ranchi:
| Particulars | MBA HR | MBA BA |
|---|---|---|
| Highest CTC | INR 32.21 LPA | INR 22.32 LPA |
| Top 10% Average CTC | INR 26.17 LPA | INR 21.65 LPA |
| Top 25% Average CTC | INR 22.66 LPA | INR 20.27 LPA |
IIM Ranchi Placements 2022 Course - Wise
The below table represents the course - wise placement statistics of IIM Ranchi Placements 2022:
| Particulars | MBA | MBA HR |
|---|---|---|
| `Number of recruiters | 77 | 21 |
| Number of students | 253 | 72 |
| Highest salary | INR 32.21 LPA | INR 32.21 LPA |
| Average salary | INR 16.17 LPA | INR 15.63 LPA |
| Top 10% average salary | INR 25.16 LPA | INR 27.26 LPA |
| Top 25% average salary | INR 22.02 LPA | INR 22.17 LPA |
| Median salary | INR 15.50 LPA | INR 15.40 LPA |
| Major sectors | IT/ITES, Consulting, BFSI | IT/ITES, BFSI, Consulting |
During IIM Ranchi Placements 2022, more recruiters participated in the MBA placement drive as compared to the MBA HR placement drive. The highest salary of INR 32.31 LPA was the same for students from both the courses. The average salary of the MBA students was higher whereas the average salary of top 10% & top 25% were higher for the MBA HR students.
IIM Ranchi MBA Placements 2022
The below table represents the highlights of IIM Ranchi MBA Placements 2022:
| Particulars | MBA Placements Statistics |
|---|---|
| `Number of recruiters | 77 |
| Number of students | 253 |
| Highest salary | INR 32.21 LPA |
| Average salary | INR 16.17 LPA |
| Top 10% average salary | INR 25.16 LPA |
| Top 25% average salary | INR 22.02 LPA |
| Median salary | INR 15.50 LPA |
| Major sectors | IT/ITES, Consulting, BFSI |
| Major domain | Strategy & Consulting, IT Analytics |
| Top recruiters | Axis Bank, Capgemini, Dell, Cognizant, Deloitte, EY |
During IIM Ranchi MBA Placements 2022, the participating batch comprised a total of 253 students. Students received an average salary of INR 16.17 LPA. The highest salary stood at INR 32.21 LPA. Top 10% average salary stood at INR 25.16 LPA & top 25% average salary stood at INR 22.02 LPA. The median salary stood at 15.50 LPA.
During the placement drive, there was a participation of 77 recruiters. Major recruiters included Axis Bank, Capgemini, Dell, Cognizant, Deloitte, EY etc. Recruiters came from various sectors & various domains. IT/ITES was the top sector & Strategy & Consulting was the top domain.
IIM Ranchi MBA Placements 2022 Sector - Wise
The below table shows the sector-wise placement offers of IIM Ranchi:
| Sectors | Percentage of offers |
|---|---|
| IT/ITES | 32.40% |
| Consulting | 20.60% |
| BFSI | 19% |
| FinTech | 6.70% |
| FMCG | 4.70% |
| Manufacturing | 4.30% |
| E-commerce | 4% |
| Digital Media & Ads | 3.60% |
| Pharma & Healthcare | 2% |
| Logistics & Supply Chain | 1.60% |
| EdTech | 1.20% |
During IIM Ranchi MBA Placements 2022, the highest number of placement offers were made from the IT/ITES sector followed by the Consulting sector & then BFSI sector.
IIM Ranchi MBA Placements 2022 Domain - Wise
The below table shows the domain-wise placement statistics of IIM Ranchi Placements:
| Particulars | IT Analytics | Finance | Operations | Sales & Marketing | Strategy & Consulting |
|---|---|---|---|---|---|
| Highest salary | INR 30.79 LPA | INR 25 LPA | INR 18 LPA | INR 26.12 LPA | INR 32.21 LPA |
| Average salary | INR 15.62 LPA | INR 15.70 LPA | INR 13.40 LPA | INR 16.60 LPA | INR 17.10 LPA |
| Median salary | INR 14.50 LPA | INR 16 LPA | INR 13.20 LPA | INR 15.61 LPA | INR 15.50 LPA |
| Top 10% average salary | INR 25.70 LPA | INR 20.88 LPA | INR 18 LPA | INR 24.42 LPA | INR 26.04 LPA |
| Top 25% average salary | INR 21.16 LPA | INR 18.81 LPA | INR 16.50 LPA | INR 21.66 LPA | INR 24.56 LPA |
| Job roles offered | Product Management, Application Manager, Digital Consultant, Business Analyst, Project Management, Product Management | Asset Management, Wealth Management, Corporate Banking, Investment Analyst, Retail Banking, Equity Research | Project Management, Strategic Sourcing, Supply Chain Management, Operation Analytics, Business Operations, Customer Success Manager | Digital Marketing, Product Management, Business Development, Market Research, Brand Manager, Territory Sales Manager | IT Consulting, Business Strategist, Tech Strategy & Analysis, Corporate Strategy, Strategic Advisory, Business Development |
| Top recruiters | American Express, Axis Bank, Capgemini, Cognizant, Dell etc | DCM Shriram, Deloitte, EY, Goldman Sachs, HDFC Bank etc | Amazon, IBM, Reliance, Hero, Affinity etc | Aditya Birla Group, Asian Paints, Godrej etc | Accenture, Cognizant, Deloitte, Genpact, HCL etc |
During IIM Ranchi Placements 2022, the highest salary was offered from the Strategy & Consulting domain followed by the IT Analytics domain. The average salary was the highest for the Strategy & Consulting domain followed by the Sales & Marketing domain.
IIM Ranchi MBA Placements Year - Wise Trends
The below table shows the year-wise trends of IIM Ranchi MBA Placements:
| Particulars | 2020-22 | 2019-21 | 2018-20 | 2017-19 |
|---|---|---|---|---|
| Number of recruiters | 77 | 128 | 94 | 88 |
| Number of students | 253 | 201 | 171 | 181 |
| Highest salary | INR 67 LPA | INR 26.50 LPA | INR 59.36 LPA | INR 58.1 LPA |
| Average salary | INR 16.17 LPA | INR 14.69 LPA | INR 15.11 LPA | INR 15.02 LPA |
| Median salary | INR 15.50 LPA | INR 14.95 LPA | INR 14.82 LPA | INR 14.75 LPA |
| Top 10% average salary | INR 25.16 LPA | INR 20.71 LPA | INR 19.79 LPA | INR 19.5 LPA |
| Top 25% average salary | INR 22.02 LPA | INR 18.85 LPA | INR 18.54 LPA | INR 16 LPA |
During IIM Ranchi MBA Placements 2022, the following placement trends have been observed:
- The number of recruiters declined from 128 in 2021 to 77 in 2022.
- The batch strength increased from 201 in 2021 to 253 in 2022.
- The highest salary increased from INR 26.50 LPA in 2021 to INR 32.21 LPA in 2022.
- The average salary increased from INR 14.69 LPA in 2021 to INR 16.17 LPA in 2022.
- The median salary increased from INR 14.95 LPA in 2021 to INR 15.50 LPA in 2022.
- Top 10% average salary increased from INR 20.71 LPA to INR 25.16 LPA in 2022.
- Top 25% average salary increased from INR 18.85 LPA to INR 22.02 LPA in 2022.
Also check IIM Ranchi Ranking
IIM Ranchi MBA Placements 2022 Top Recruiters
| American Express | Axis Bank | Capgemini | Cognizant |
|---|---|---|---|
| Dell | Oxane | DCM Shriram | |
| Deloitte | EY | Goldman Sachs | HDFC Bank |
| HSBC | ICICI Bank | JP Morgan Chase & Co | TVS Credit |
| IBM | Wipro | Paytm | Schindler |
IIM Ranchi MBA HR Placements 2022
The below table shows the highlights of IIM Ranchi MBA HR Placements 2022:
| Particulars | Placements Statistics |
|---|---|
| `Number of recruiters | 21 |
| Number of students | 72 |
| Highest salary | INR 32.21 LPA |
| Average salary | INR 15.63 LPA |
| Top 10% average salary | INR 27.26 LPA |
| Top 25% average salary | INR 22.17 LPA |
| Median salary | INR 15.40 LPA |
| Major sectors | IT/ITES, BFSI, Consulting |
| Top recruiters | Accenture, Aditya Birla Capital, AICL, Adian Paints, Capgemini, EY, Flipkart |
During IIM Ranchi MBA HR Placements 2022, 21 recruiters participated. Major recruiters included Accenture, Aditya Birla Capital, AICL, Adian Paints, Capgemini, EY, Flipkart etc. IT/ITES, BFSI, Consulting were the major sectors.
During the placement drive, the highest salary offered was INR 32.21 LPA. Students received an average salary of INR 15.63 LPA. Top 10% average salary was INR 27.26 LPA & top 25% average salary was INR 22.17 LPA. The median salary stood at INR 15.40 LPA.
IIM Ranchi MBA HR Placements 2022 Sector - Wise
The below table shows the sector-wise placement data of the MBA HR batch:
| Sectors | Percentage of offers |
|---|---|
| IT/ITES | 38.90% |
| BFSI | 23.60% |
| Consulting | 20.80% |
| E-Commerce | 6.90% |
| FMCG | 2.80% |
| Pharma & Healthcare | 1.40% |
During IIM Ranchi MBA HR Placements 2022, the highest number of placement offers were made from the IT/ITES sector followed by the BFSI sector & Consulting sector.
IIM Ranchi MBA HR Placements Year - Wise Trends
The below table shows the year-wise trends of IIM Ranchi MBA HR Placements:
| Particulars | 2020-22 | 2019-21 | 2018-20 | 2017-19 |
|---|---|---|---|---|
| Number of recruiters | 21 | 50 | 42 | 39 |
| Number of students | 72 | 72 | 67 | 63 |
| Highest salary | INR 32.21 LPA | INR 29.75 LPA | INR 26.50 LPA | INR 21 LPA |
| Average salary | INR 15.63 LPA | INR 14.68 LPA | INR 14.55 LPA | INR 14.52 LPA |
| Median salary | INR 15.40 LPA | INR 14 LPA | INR 13.85 LPA | INR 13.57 LPA |
| Top 10% average salary | INR 27.26 LPA | INR 27.37 LPA | INR 20.9 LPA | _ |
| Top 25% average salary | INR 22.17 LPA | INR 21.48 LPA | INR 18.19 LPA | INR 15.6 LPA |
During IIM Ranchi MBA HR Placements 2022, the following placement trends have been observed:
- The number of recruiters declined from 50 in 2021 to 21 in 2022.
- The highest salary increased from INR 29.75 LPA in 2021 to INR 32.21 LPA in 2022.
- The average salary increased from INR 14.68 LPA in 2021 to INR 15.63 LPA in 2022.
- The median salary increased from INR 14 LPA to INR 15.40 LPA in 2022.
- Top 10% average salary declined from INR 27.37 LPA in 2021 to INR 27.26 LPA in 2022.
- Top 25% average salary increased from INR 21.48 LPA in 2021 to INR 22.17 LPA in 2022.
Also check IIM Ranchi News & Articles
IIM Ranchi MBA HR Placements 2022 Top Recruiters
IIM Ranchi Placements 2022 Batch Profile
The below info-graph shows the batch profile of IIM Ranchi Placements 2022:
The 2020-22 batch of IIM Ranchi comprised 55% male students & 45% female students. MBA batch comprised 51% freshers & MBA HR batch comprised only 18% freshers. Rest of the students were experienced.
IIM Ranchi Summer Internship Placements 2023 Report
| Particulars | Internship Statistics (2020-22) | Internship Statistics (2021-23) |
|---|---|---|
| Number of recruiters | 34+ | 160+ |
| Number of students placed | - | 503 |
| Highest stipend | INR 3.36 Lakhs per month | INR 3.50 lakhs per month |
| Average stipend | INR 97.50 K per month | INR 1 Lakh per month |
| Median stipend | INR 73 K per month | INR 80 K per month |
| Top recruiters | Asian Paints, Agro Tech, DE Shaw, Capgemini, ICICI Lombard | Aditya Birla Capital, Capgemini, Google, Juspay, Microsoft, American Express |
During IIM Ranchi Summer Internship Placements 2023, more than 160 recruiters participated. Some of the major recruiters are Aditya Birla Capital, Capgemini, Google, Juspay, Microsoft, American Express etc.
The highest stipend offered was INR 3.50 Lakhs per month. MBA students received an average stipend of INR 1 Lakh per month. The median stipend stood at INR 80 K per month.
IIM Ranchi Summer Internship Placements 2023 Course - Wise
The below table represents the course - wise highlights of IIM Ranchi Summer Internship Placements 2023:
| Particulars | MBA | MBA BA | MBA HR |
|---|---|---|---|
| Number of recruiters | 165 | 36 | 36 |
| Number of students placed | 399 | 35 | 69 |
| Highest stipend | INR 3.50 Lakhs per month | INR 2.43 Lakhs per month | INR 2.84 Lakhs per month |
| Average stipend | INR 1 Lakh per month | INR 92.50 K per month | INR 1.21 Lakhs per month |
| Median stipend | INR 80 K per month | INR 77.96 K per month | INR 1.20 Lakhs per month |
| Top 10% average stipend | INR 2.54 Lakhs per month | INR 2.17 lakhs per month | INR 2.42 lakhs per month |
| Top 25% average stipend | INR 1.93 Lakhs per month | INR 1.80 lakhs per month | INR 2.04 lakhs per month |
During IIM Ranchi Summer Internship Placements 2023, the highest stipend was received by the MBA students. The average & median stipend was the highest for the MBA HR students. Top 10% average stipend was the highest for the MBA batch & top 25% average stipend was the highest for th MBA HR batch.
Also check IIM Ranchi Q&A
IIM Ranchi MBA Summer Internship Placements 2023
The below table shows the highlights of IIM Ranchi MBA Summer Internship Placements 2023:
| Particulars | Internship Statistics |
|---|---|
| Number of recruiters | 165 |
| Number of students placed | 399 |
| Highest stipend | INR 3.50 Lakhs per month |
| Average stipend | INR 1 Lakh per month |
| Median stipend | INR 80 K per month |
| Top 10% average stipend | INR 2.54 Lakhs per month |
| Top 25% average stipend | INR 1.93 Lakhs per month |
| Dominating sector | IT/ITES |
| Major domain | Capgemini, Google, Juspay, Microsoft, American Express |
During IIM Ranchi MBA Summer Internship Placements 2023, 165 recruiters visited the campus. Major recruiters included Capgemini, Google, Juspay, Microsoft, American Express. Recruiters came from various sectors. Among all the sectors, the IT/ITES sector dominated the summer internship placement drive.
The participating batch comprised 399 students. The highest stipend received was INR 3.50 Lakhs per month. The average stipend stood at INR 1 Lakh per month. Top 10% average stipend was INR 2.54 Lakhs per month & top 25% average stipend was INR 1.93 Lakhs per month. The median stipend stood at INR 80 K per month.
IIM Ranchi MBA Summer Internship Placements 2023 Sector - Wise
The below table represents the sector - wise placement offers of IIM Ranchi MBA Summer Internship Placements 2023:
| Sectors | Percentage of offers |
|---|---|
| IT/ITES | 23.60% |
| Manufacturing | 13% |
| FinTech | 12.80% |
| BFSI | 11.30% |
| FMCG | 8% |
| Digital Media & Ads | 6.50% |
| Consulting | 5% |
| EdTech | 3.50% |
| E-Commerce | 3.30% |
| Pharma & Healthcare | 2.50% |
| Oil.Gas | 2% |
| AgriTech | 1.30% |
| Others | 4.60% |
During IIM Ranchi MBA Summer Internship Placements 2023, the highest number of offers came from the IT/ITES sector followed by the Manufacturing & FinTech sector.
IIM Ranchi MBA Summer Internship Placements 2023 Domain - Wise
The below table shows the domain - wise statistics of IIM Ranchi Summer Internship Placements 2023:
| Particulars | IT Analytics | Sales & Marketing | Finance | Strategy & Consulting | Operations |
|---|---|---|---|---|---|
| Highest stipend | INR 3.50 Lakhs per month | INR 3.36 Lakhs per month | INR 2.51 Lakhs per month | INR 2.50 Lakhs per month | INR 2.27 lakhs per month |
| Average stipend | INR 1.23 Lakhs per month | INR 89.93 K per month | INR 1.39 Lakhs per month | INR 95.47 K per month | INR 85.02 K per month |
| Median stipend | 1 Lakh per month | INR 77.96 K per month | INR 1.20 Lakhs per month | INR 60 K per month | INR 70 K per month |
| Top 10% average stipend | INR 3.20 Lakhs per month | INR 2.30 Lakhs per month | INR 2.51 Lakhs per month | INR 2.50 Lakhs per month | INR 1.56 Lakhs per month |
| Top 25% average stipend | INR 2.40 Lakhs per month | INR 1.67 Lakhs per month | INR 2.35 Lakhs per month | INR 2 Lakhs per month | INR 1.36 Lakhs per month |
| Job roles offered | Product Management, Business Intelligence, Data Analyst, Application Manager, Product Analyst, Business Analyst | Digital Marketing, Product Management, Business Development, Market Research, Brand Manager, Territory Sales Manager | Risk Analyst, Retail Banking, Investment Research, Corporate Finance, Equity Research, Liabilities Management | IT Consulting, Business Strategist, Tech Strategy & Analysis, Corporate Strategy, STrategy Advisory, Business Development | Operations Analytics, Strategic Sourcing, Supply Chain Management, Project Management, Business Operations, Customer Success Manager |
| Top recruiters | American Express, Capgemini, Google, Microsoft etc | Aditya Birla Capital, Airtel, Asian Paints, Larsen & Toubro etc | Anunta, HSBC, ICICI Bank, Fincare etc | AICL, Bain & Company, Cognizant, Capgemini, McKinsey & Company | Aditya Birla Capital, Bharat Petroleum, Capgemini etc |
The highest stipend was offered from the IT Analytics domain followed by the Sales & Marketing domain. The average stipend & median stipend were the highest for the Finance domain followed by the IT Analytics domain.
IIM Ranchi MBA Summer Internship Placements 2023 Top Recruiters
| American Express | Capgemini | Gartner | |
|---|---|---|---|
| Juspay | Microsoft | Anunta | HSBC |
| JO Morgan Chase & Co. | Hershey | Aditya Birla Fashion & Retail | Yes Bank |
| Bharat Petroleum | Tata Steel | Mahindra Logistics | Asian Paints |
| Airtel | Godrej | Larsen & Toubro | Titan |
IIM Ranchi MBA BA Summer Internship Placements 2023
The below table represents the highlights of MBA BA summer internship placement highlights of IIM Ranchi:
| Particulars | Internship Statistics |
|---|---|
| Number of recruiters | 36 |
| Number of students | 35 |
| Highest stipend | INR 2.43 Lakhs per month |
| Average stipend | INR 92.50 K per month |
| Median stipend | INR 77.96 K per month |
| Top 10% average stipend | INR 2.17 lakhs per month |
| Top 25% average stipend | INR 1.80 lakhs per month |
| Top recruiters | Aditya Birla Capital, American Express, DCM Shriram, Healthark |
During the MBA BA summer internship placement drive, the participating batch comprised 35 students. Major recruiters included Aditya Birla Capital, American Express, DCM Shriram, Healthark etc. There was a participation of 26 recruiters.
They received an average stipend of INR 92.50 K per month. Top 10% average stipend stood at INR 1.80 Lakhs per month & top 25% average stipend stood at INR 1.80 Lakhs per month. The highest stipend received was INR 2.43 Lakhs per month. The median stipend stood at INR 77.96 K per month
IIM Ranchi MBA BA Summer Internship Placements 2023 Top Recruiters
IIM Ranchi MBA HR Summer Internship Placements 2023
| Particulars | Internship Statistics |
|---|---|
| Number of recruiters | 36 |
| Number of students | 69 |
| Highest stipend | INR 2.84 Lakhs per month |
| Average stipend | INR 1.21 Lakhs per month |
| Median stipend | INR 1.20 Lakhs per month |
| Top 10% average stipend | INR 2.42 lakhs per month |
| Top 25% average stipend | INR 2.04 lakhs per month |
| Top recruiters | Aditya Birla Capital, Asian Paints, Capgemini, Cummins, Deloitte, EY, etc |
During the MBA BA summer internship placement drive, the participating batch comprised 69 students. Major recruiters included Aditya Birla Capital, American Express, DCM Shriram, Healthark etc. There was a participation of 36 recruiters.
They received an average stipend of INR 2.84 Lakhs per month. Top 10% average stipend stood at INR 2.42 Lakhs per month & top 25% average stipend stood at INR 2.04 Lakhs per month. The highest stipend received was INR 2.84 Lakhs per month. The median stipend stood at INR 1.20 Lakhs per month.
IIM Ranchi MBA HR Summer Internship Placements 2023 Top Recruiters
IIM Ranchi Summer Internship Placements 2023 Batch Profile
The below info-graph shows represents IIM Ranchi Summer Internship Placements 2023 batch profile:
The batch comprised 60% male students & 40% female students. The MBA, MBA BA & MBA HR batch comprised 48%, 43% & 35% freshers respectively. Rest of the students in the batch were experienced.
IIM Ranchi Placements 2021 Sector - Wise Analysis
As per the information collected by Collegedunia, the maximum number of students were placed in the Operations / Consulting / Other sector followed by Sales and Marketing sector and the Highest CTC of INR 22 LPA was offered by Yes Bank and Loreal. The following is the sector wise placement analysis for the batch 2021:
| Sectors | Number of Students Placed | Highest CTC Range |
|---|---|---|
| Finance | 18 | INR 18 - 22 LPA |
| Sales & Marketing | 23 | INR 20 - 22 LPA |
| Operations / Consulting / Others | 40 | INR 15 - 17 LPA |
| HR | 20 | INR 15 - 18 LPA |
| IT & Systems | 16 | INR 15 - 18 LPA |
IIM Ranchi Finance Sector Placements 2021
The following table represents the Finance sector placements for the batch 2021 at IIM Ranchi:
| Company | Profile | No. Of Offers | CTC |
|---|---|---|---|
| ICICI Bank | Product Manager, Corporate Banking, Management trainee | 8 | 15-16 |
| Yes Bank | Program manager | 1 | 18-22 |
| JPMC | Analyst | 5 | 14-17 |
| HSBC | Analyst | 2 | 12-14 |
| RBL Bank | Asso. Retail Manager | 1 | 13-15 |
| Tresvista | Analyst | 0 | 14-16 |
| Oxane Partners | Senior Analyst | 1 | 12-14 |
IIM Ranchi Sales & Marketing Sector Placements 2021
The following table represents the Sales & Marketing sector placements for the batch 2021 at IIM Ranchi:
| Company | Profile | No. Of Offers | CTC |
|---|---|---|---|
| Xiaomi | Management Trainee | 1 | 13-15 |
| Godrej | Sales Manager | 1 | 18-20 |
| ICICI Lombard | Management Trainee | 3 | 13-15 |
| Aditya Birla Capital | Management Trainee | 4 | 12-15 |
| Loreal | Management Trainee | 1 | 20-22 |
| TVS | Management Trainee | 2 | 10-12 |
| Kotak Mahindra | Manager | 1 | 12-15 |
| Airtel | Zonal Sales Manager | 5 | 13-17 |
| Asian Paints | Executive Trainee | 1 | 20-22 |
| WonderBotz | Business Consultant | 4 | 12-17 |
IIM Ranchi Operations / Consulting / Other Sector Placements 2021
The following table represents the Operations / Consulting / Other sector placements for the batch 2021 at IIM Ranchi:
| Company | Profile | No. Of Offers | CTC |
|---|---|---|---|
| Tata Steel | Management Trainee | 4 | 13-15 |
| Cummins | Senior Manager Sale | 2 | 14-17 |
| Mahindra & Mahindra | Management Trainee | 3 | 15-17 |
| Vedanta | Management Trainee | 1 | 12-14 |
| Ultratech | Management Trainee | 0 | 14-16 |
| Deloitte | Associate Consultant | 6 | 11-16 |
| KPMG | Consultant | 1 | 10-12 |
| Cognizant | Senior Consultant | 7 | 13-17 |
| Accenture | Product owner/Analyst | 3 | 11-15 |
| o9 Solutions | Senior Consultant | 9 | 15 |
| Samsung R&D | Product manager | 1 | 13-16 |
| Tata Steel BSL | Management Trainee | 2 | 10-12 |
| Agrotech | MAnagement Trainee | 1 | 11-13 |
IIM Ranchi HR Sector Placements 2021
The following table represents the HR sector placements for the batch 2021 at IIM Ranchi:
| Company | Profile | No. Of Offers | CTC |
|---|---|---|---|
| Michael Page | Consultant | 0 | 12-15 |
| DS Group | Management Associate | 1 | 11-13 |
| Titan | Management Trainee | 1 | 14-16 |
| Britannia | Management Trainee | 1 | 15-18 |
| Deloitte | Management Trainee | 5 | 11-16 |
| IBM | HR Trainee | 6 | 11-13 |
| Accenture | HR Trainee | 2 | 11-15 |
| Byju's | Management Trainee | 3 | 12-14 |
| Maruti Suzuki | Management Trainee - HR | 1 | 13-15 |
IIM Ranchi IT & Systems Sector Placements 2021
The following table represents the IT & Systems sector placements for the batch 2021 at IIM Ranchi:
| Company | Profile | No. Of Offers | CTC |
|---|---|---|---|
| Capgemini | Management Consultant/Business Analyst | 10 | 11-15 |
| Infosys | Consultant | 0 | 15-18 |
| Dell | Advisor- Project/Product Management | 4 | 15 |
| Tata Elxsi | Associate Manager | 1 | 13-15 |
| BirlaSoft | Senior Management Trainee | 1 | 15-17 |
IIM Ranchi Alumni Network
| Name of Organizations | Number of Alumni |
|---|---|
| Indian Institute of Management, Ranchi | 316 |
| ICICI BANK | 84 |
| Accenture | 71 |
| Cognizant | 64 |
| Deloitte | 56 |
| Tata Steel | 49 |
| EY | 44 |
| Amazon | 37 |
| Capgemini | 34 |
| JP Morgan Chase & Co | 33 |
| IBM | 31 |
| Wipro | 28 |
| Ministry of Skill development & Entrepreneurship | 27 |
| Arthanaya Capital | 21 |
| Maruti Suzuki India Ltd | 20 |
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IIM Ranchi placements FAQs
Ques. How are IIM Ranchi MBA Placements?
Ans. 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.
Ques. What was the highest salary offered during IIM Ranchi Placements 2022?
Ans. The highest salary of INR 32.21 LPA was offered during IIM Ranchi Placements 2022.
Ques. How are IIM Ranchi HR Placements?
Ans. 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.
Ques. What was the average salary received during IIM Ranchi Placements 2022?
Ans. 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.
Ques. How many recruiters visited the campus during IIM Ranchi Placements 2022?
Ans. 250+ recruiters visited the campus during IIM Ranchi Placements 2022.
Ques. Who are the prominent recruiters of IIM Ranchi Placements 2022?
Ans. Prominent recruiters of IIM Ranchi Placement 2022 included Caogemini, Aditya Birla Group, Amazon, IBM, Reliance Retail, HCL etc.
Ques. What was the highest stipend offered during IIM Ranchi Summer Internship Placements 2023?
Ans. The highest stipend of INR 3.50 Lakhs per month was received during IIM Ranchi Summer Internship Placements 2023.
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IIM Ranchi Highest and Average Package
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IIM Ranchi: 10 Answered Questions
Are placement stats of IIM Ranchi fake?
The placement statistics released by IIM Ranchi are not particularly fake but yes very exaggerated. For example, the recruiters who just recruited 2-3 students a couple of years ago are still added to the list of recruiters. This tactic is employed to show off the brands of top companies.
The CTC is calculated wrongly and also exaggerated. The same role offered by the same company to students of other B Schools is shown at IIM Ranchi to offer a CTC higher to its own students. This reality is wrong and not what the company promised. This has now come into the notice of many and IIM Ranchi Is slowly losing its reputation. The students feel cheated because many students chose Ranchi over other IIMs despite calls from them just because of its placement statistics.
One way to clear the misconception is to check the NIRF placement report. You can see from it that Ranchi lies below Trichy and even Udaipur. So do your part of research before finally choosing IIM Ranchi.
Is it worth choosing IIM Ranchi, Trichy for MBA in terms of placement and future scope?
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.
What is the placement scenario at VGSoM (IIT Kharagpur) when compared with new IIMs like Ranchi, Raipur, Kashipur, Trichy, Udaipur, and Rhotak?
In 2022, the VGSOM IIT Kharagpur business school achieved a 100% placement rate for its students. All 97 students who registered for the placement process were successfully placed in jobs. The highest salary package offered during the placement process was 31.98 LPA, while the average package was 19.36 LPA. These strong placement results demonstrate the success of VGSOM IIT Kharagpur in preparing its students for the job market and the value that employers place on its graduates.
Here is an individual's experience at IIT Roorkee, which was one in which he received admission to the institute in 2004 after having eight years of work experience. At that time, the management programs at IITs were relatively new and placements were not as strong as they are now. Despite this, he decided to attend IITR and focus on their studies and enjoying their MBA experience, rather than worrying about job prospects. As a result, he performed well academically and was able to secure an okay job in the IT industry. Through hard work and dedication, he was able to triple his salary within four years and work on projects in various countries. Ultimately, he retired in 2010 to travel and is still doing so seven years later. He believes that both IITs and new IIMs are good options for business education and that it ultimately depends on the individual's goals and priorities. He advises focusing on academics and enjoying the experience, as a job will eventually be obtained.
How good are the placements in IIM Ranchi?
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.
Is MBA in HRM a good option in terms of academics and placements from the new IIMS? I have heard that only IIM Ranchi is good for HRM.
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.
Are placements at IIM Ranchi at par with IIM Indore, IIM Kozhikode or IIM Shillong seeing the placement report which mention similar average salary?
IIM Ranchi has had strong placements in recent years, including for the 2022 batch. According to the placement report, MBA and MBA HR students at IIM Ranchi received an average salary of INR 16.17 lakhs per year and INR 15.63 lakhs per year, respectively. The highest salary offered was INR 32.21 lakhs per year, which is about 8.3% higher than the previous year. The placement drive attracted over 250 recruiters, including major companies such as Deloitte, Aditya Birla Group, Infosys, EY, and IBM. Students were offered various job roles including asset management, wealth management, corporate banking, and project management.
It is worth noting that both IIM Kozhikode, IIM Shillong, and IIM Indore also have their own strengths and weaknesses. It is advisable to review their placement reports to make an informed decision.
Who got the highest package from IIM Ranchi this year?
During MBA placements in 2022, IIM Ranchi saw a total of 77 companies visit the campus for recruitment. The highest and average packages offered during these placements were INR 42 LPA and INR 16.62 LPA, respectively. While there was a decrease of 39.84% in the number of total recruiters compared to the previous year, the highest package offered saw a growth of 58.49% and the average package saw a rise of 13.13%.
| Domains | Highest Package | Average Package | Median Package | Average Package of top 10% | Average Package of top 25% |
| IT & Analytics | INR 42 LPA | INR 15.90 LPA | INR 14.50 LPA | INR 28.50 LPA | INR 22.28 LPA |
| Finance | INR 25 LPA | INR 15.70 LPA | INR 16 LPA | INR 20.88 LPA | INR 18.81 LPA |
| Operations | INR 18 LPA | INR 13.40 LPA | INR 13.20 LPA | INR 18 LPA | INR 16.50 LPA |
| Sales & Marketing | INR 26.12 LPA | INR 16.60 LPA | INR 15.61 LPA | INR 24.42 LPA | INR 21.66 LPA |
| Strategy & Consulting | INR 32.21 LPA | INR 17.10 LPA | INR 15.50 LPA | INR 26.04 LPA | INR 24.56 LPA |
For MBA HR placements in 2022, 21 recruiters visited the campus, and the highest and average packages offered were INR 32.21 LPA and INR 15.63 LPA, respectively.
Why are IIM Ranchi and Raipur underrated compared to IIM Udaipur even after better placement records?
I think the single most important reason why IIM Raipur and Ranchi are considered below IIM Udaipur is the lack of proper marketing. IIM Udaipur has managed to make its mark through enough marketing and promoting research culture. The IIMRs is also flawed in the sense that they are located in extremely poor economic states. This flaw overshadows all their features and the fact that they have better placement scenarios than IIM Udaipur.
Every IIM has set a certain goal and is gradually climbing the ladder to reach its level of excellence. The same is the case with IIMRs. In just a few years these two will be among the best IIMs in India.
I converted both IIM Ranchi and IIM Udaipur. What are some honest opinions because both have almost comparable rankings and placement reports?
The decision of choosing a college should be taken at an individual level. You can seek advice from others but not ask them to decide for you. Try to analyze what exactly you want from your MBA program. What is it you are seeking and how to achieve it? Once you are sure about that, college does not matter much.
Honesty both the IIMs you mentioned give an edge to each other. Still if I would have to choose one, I would go for IIM Udaipur because of its recent success stories. IIM Udaipur has seen a rise in international rankings like QS and FT. Earlier these rankings included only the top IIMs A, B and C. IIM Udaipur has proven its worth by appearing on such international rankings. It is also the youngest B-school in the “world” to be featured in the FT MiM Rankings.
IIM Udaipur is heaven for a research enthusiast. Its premium research culture is the reason for its recent rise in rankings. As far as placement is concerned, both the colleges have similar statistics. The table below has drawn a comparison between the two.
|
Particulars |
IIM Udaipur |
IIM Ranchi |
|
Placement Percentage |
100% |
|
|
Batch Size |
315 |
253 |
|
Number of students participating |
315 |
253 |
|
Number of recruiters |
184 |
77 |
|
Number of students placed |
315 |
|
|
Highest CTC |
INR 35.96 LPA |
INR 32.21 LPA |
|
Average CTC |
INR 19.5 LPA |
INR 16.17 LPA |
|
Median CTC |
INR 15.6 LPA |
INR 25.16 LPA |
What was the Summer Internship data for IIM Ranchi?
IIM Ranchi is one of the Premier B-Schools in India. IIM Ranchi Summer Internship Placement for batch 2024 is concluded. IIM Ranchi highest stipend was recorded at INR 3 Lakhs for MBA and MBA HR and INR 2.80 Lakhs for MBA BA. The average stipend stood at INR 1.15 Lakhs for MBA, INR 1.23 Lakhs for MBA HR and INR 96.89 K for MBA BA program. The details are as follows:
| Particulars | Internship Statistics (2024) | ||
|---|---|---|---|
| MBA | MBA HR | MBA BA | |
| Number of Recruiters | 93 | 31 | 26 |
| Number of Students | 221 | 69 | 48 |
| Highest Stipend | INR 3,00,000 | INR 3,00,000 | INR 2,80,000 |
| Average Stipend | INR 1,15,662 | INR 1,23,544 | INR 96,895 |
| Top 10% Average Stipend | INR 2,19,665 | INR 2,70,000 | INR 2,25,000 |
| Top 25% Average Stipend | INR 1,92,500 | INR 2,22,105 | INR 1,71,615 |
| Median Stipend | INR 1,00,000 | INR 1,00,000 | INR 70,000 |
| Top Domain | Consulting | Manufacturing | BFSI |
| Top Recruiters | Titan, JP Morgan, Deloitte, Capgemini, TresVista | DE Shaw & Co., EY, Wipro, Samsung, Crisil, HSBC | HDFC Bank, ICICI Bank, DCM Shriram, GATX |
Frequently Visited Companies
| Companies | |||
|---|---|---|---|
| Amazon | Cognizant | Ernst & Young | Flipkart |
| IBM | Infosys | JP Morgan Chase & Co. | Maruti Suzuki |
| Tata Motors | Accenture | Deloitte | |
| ONGC | Samsung | Siemens | Tata Steel |
| TVS Motors | Bosch Ltd | Cummins India Ltd | LatentView |
| KPMG | Capgemini | Vedanta | Birlasoft |
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