IIM Ranchi: Courses, Fees, Admission 2023, Shortlist, Cutoff, Ranking, Placements, Selection Criteria

Q: Is IIM Ranchi good for PGHRM?

IIM Ranchi had 29recruiters for MBA in HR with the highest offer being 32.21 LPA, also IIM Ranchi is mostly known for its HR Course

Q: What is the average salary after IIM Ranchi?

The average salary of IIM Ranchi in the 2023placement drive was INR 17.3 LPA.

Q: 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.

Courses Offered By IIM Ranchi 2024

Select Degree & Streams To See Course Fees & Admission Details

Master of Business Administration [MBA]

Total Fees:₹1,720,000

3 Courses2 Years YearsFull Time

Eligibility:

Graduation

Application Date:

2 Aug - 21 Sept 2023

MBA Specilization	Fees	CAT Cutoff 2022
Human Resource	₹1,720,000 1st Yr Fees	92
Business Analytics	₹1,720,000 1st Yr Fees	92
General	₹1,720,000 1st Yr Fees	92

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.

Total Fees:₹1,270,000

2 Years YearsFull Time

Eligibility:

Graduation

Executive Program in Business Analytics & Business Intelligence [EPBABI]

Total Fees:₹80,000

1 Courses 1 Month YearPart Time

Eligibility:

Graduation

Integrated Programme in Management (IPM)

Total Fees:₹3,350,000

5 Years YearsFull Time

Eligibility:

10+2

Application Date:

2 Aug - 21 Sept 2023

Certification

Total Fees:₹400,000

3 Courses1 Year 6 Months YearFull Time

Eligibility:

Graduation

View All 22 Courses

About IIM Ranchi

IIM Ranchi was the 9th IIM established in 2009 initially mentored by IIM Calcutta and is ranked 24th by the NIRF 2023. IIM Ranchi is known for its flagship MBA program, which offers admission through CAT. IIM Ranchi cut-off is 92 percentile (overall). IIM Ranchi is known for its Flagship MBA and IPM programs and admission to these courses is done on the basis of CAT, SAT and IPMAT. IIM Ranchi MBA fees is INR 17.5 lakhs, while IIM Ranchi average package stood at INR 17.3 LPA and IIM Ranchi highest package stood at INR 67 LPA for the 2023 batch.

Chat With Experts & Aspirants & Get Exclusive Insights: Join IIM Ranchi Community

At IIM Ranchi, the minimum CAT percentile for the 2022-24 batch was 98.76 percentile. A total of 100,716 general category candidates selected IIM Ranchi as their CAT preference, of which 8998 were shortlisted for interview and 2210 received the final offer.

Table of Content

IIM Ranchi Highlights
IIM Ranchi Important Dates
IIM Ranchi Fees
IIM Ranchi Courses
IIM Ranchi Admission 2024
IIM Ranchi Admission Stories
IIM Ranchi Cut-off 2023
IIM Ranchi Placements 2023
IIM Ranchi Ranking
IIM Ranchi Vs IIM Rohtak Vs IIM Raipur
Life at IIM Ranchi
IIM Ranchi FAQs

IIM Ranchi Highlights

Particulars	Statistics
Year of Establishment	2009
Campus Size	60 acres
Students Intake	185 (MBA)
MBA Fees	INR 17,50,000
NIRF Ranking 2023	24
Number of Courses	15
Total Faculty	62
Scholarship	Not available
Highest Package (2023)	INR 67 LPA (International)
Top Recruiting Sector	BFSI and IT / ITES
Top Recruiters	Deloitte, Aditya Birla Group, Infosys

IIM Ranchi

IIM Ranchi Important Dates 2024

MBA/ MBA-HR/ MBA-BA
CAT 2023 Registration Starts	August 02, 2023
CAT 2023 Registration Closes	September 20, 2023
CAT Admit Card Release	October 25, 2023
CAT 2023 Exam	November 26, 2023
Last date for CAP Application	January 22, 2024 (Tentative)
CAP PI Week 1	February 13 - 18, 2023 (Tentative)
CAP PI Week 2	February 20 - 25, 2024 (Tentative)
CAP PI Week 3	February 27 - March 4, 2024 (Tentative)
Submission of Confirmation of Interest	March, 2024 (Tentative)
Final Admission Offer	May 10, 2024 (Tentative)
SAT May 2023 Registration Deadline	May 4, 2024 (Tentative)
SAT May 2023 Exam	May 6, 2024 (Tentative)
SAT June 2023 Exam	June 3, 2024 (Tentative)
Session Commencement	July, 2024 (Tentative)
*Read More*

IPM
IPMAT Registration	April 2024 (Tentative)
IPMAT Admit Card Available	June 18 - July 2, 2024 (Tentative)
IPMAT Exam 2023	June 16, 2024 (Tentative)
IPMAT Exam 2023 Result	July 20, 2024 (Tentative)
IPM PI New Delhi	July 17, 2024 (Tentative)
IPM PI Hyderabad	July 19, 2024 (Tentative)
IPM PI Bangalore	July 21, 2024 (Tentative)
IPM PI Mumbai	July 23, 2024 (Tentative)
IPM PI Ranchi	July 25, 2024 (Tentative)
*Read More*

IIM Ranchi Fees

IIM Ranchi MBA fees is INR 17.2 Lakhs which is comparatively lower as compared to other IIMs and top B-Schools in the country.

Courses	Fees
MBA/ MBA-HR/ MBA-BA	INR 17,50,000 (2-years)
EMBA	INR 12,50,000 (2-years)
IPM	INR 16,00,000 (for first 3 years)

IIM Ranchi Courses

IIM Ranchi offers around 15+ courses in various areas of management. The details about the major courses offered by IIM Ranchi are mentioned below:

Courses	Program Details
MBA/ MBA-HR/ MBA-BA	Intake: 185 (MBA) Eligibility: Bachelor’s degree with 60% marks Selection Criteria: CAT + Personal Interview
EMBA	Eligibility: Bachelor's degree + 5 years of Work Experience. Selection Criteria: Interview
IPM	Eligibility: 10+2 with 60% marks Selection Criteria: IPMAT + Personal Interview

Check: IIM Ranchi Courses and Fees

IIM Ranchi Admission 2024

The following table represents the IIM Ranchi MBA step by step admisison process for the 2024-26 batch:

Admission Stage	Description
Application Process	Interested candidates will have to fill out the CAT application form and apply to IIM Ranchi in the same form.
CAT Exam	The applicants will have to appear for the CAT Exam.
Shortlist for PI	The applicants will be shortlisted for PI based on the CAT cut-off.
PI Process through CAP	The personal interview would be conducted virtually through CAP.
Final Selection	The final selection of the candidates will be done based on the CAT score, PI score, and profile of the candidate.

IIM Ranchi Results

The following data represents the admission stats for the MBA batch of 2022-24:

Particulars	General	EWS	NC-OBC	SC	ST	PWD
Students who selected IIM Ranchi in CAT Application	100716	6105	28417	11802	3033	665
No. of Candidates shortlisted for Interview Round	8998	1869	5493	3232	1064	223
No. of Students with Final Offer	2210	349	1161	751	329	138

Check: IIM Ranchi detailed Admission Process

IIM Ranchi Admission Stories

Name	Graduation Score	Work Experience	CAT Percentile
IIM Ranchi Admission Story Pragati Verma	80.5	Fresher	85.5%
IIM Ranchi Admission Story Kaushal Verma	6.61	Jagaran Microfin, 2 Years - Seeking Funds from Banks and FIs.	90.17%

IIM Ranchi Cut-off 2024

IIM Ranchi cut-off is 92 percentile overall and 70 percentile for sectional. IIM Ranchi shortlisted the candidates for the PI, solely based on the CAT performance. The CAT cut-off for IIM Ranchi for all the categories is mentioned below:

Category	Overall	QA	DILR	VARC
General	92	70	70	70
EWS	70	40	40	40
NC-OBC	74	45	45	45
SC	54	35	35	35
ST	40	32.5	32	25
DAP	40	32.5	32	25

The following table represents the Category wise minimum cutoff at which final offers were made to the 2022-24 batch:

Category	Minimum CAT Percentile
General	98.76
EWS	90.26
NC - OBC	88.41%
SC	83.66
ST	65.38
PWD	51.25

Check: IIM Ranchi Cut-off

IIM Ranchi Placements 2023

IIM Ranchi placements 2023 has been concluded and 399 students receiving job offers from 124 recruiters. IIM Ranchi highest package offered was INR 67 LPA. Highest number of offers were made in the BFSI sector.

Particulars	Placement Statistics 2023
Number of Recruiters	124
Highest CTC	INR 67 LPA
Average CTC	INR 17.3 LPA
Median CTC	INR 16.5 LPA
Top Recruiting Sector	BFSI (17.7% offers)

IIM Ranchi placement package of the last three year are mentioned in the table below:

Year	Highest CTC	Average CTC
2022	INR 32.21 LPA	INR 16.17 LPA
2021	INR 26.50 LPA	INR 14.69 LPA
2020	INR 59.36 LPA	INR 15.11 LPA

IIM Ranchi Recruitment

Recruitment (Sector)	CTC Range
BFSI	INR 13 - 28 LPA
Consulting	INR 11 - 42 LPA
FMCG	INR 16 - 20 LPA
Automobile	INR 10.5 - 18 LPA
IT	INR 11 - 32 LPA
General Management	INR 13 - 67 LPA
Others	INR 12 - 21 LPA

Check: IIM Ranchi detailed Placement Report

IIM Ranchi Ranking

IIM Ranchi has been ranked 24^th by NIRF 2023 among the top management institutes in India. The following table represents the different rankings of IIM Ranchi:

Ranking Body	Year	Category	Rank
NIRF	2023	Management	24
IIRF	2023	Best Govt. B-School	19

Check: IIM Ranchi Ranking

IIM Ranchi Vs IIM Rohtak Vs IIM Raipur

Particulars	IIM Ranchi	IIM Rohtak	IIM Raipur
NIRF 2023 Ranking	24	12	1
Established Year	2009	2009	2010
Campus Area	60 acres	200 acres	200 acres
MBA Batch Size	185	237	252
Admission Process	CAT + PI	CAT + PI	CAT + PI
CAT Cut-off	92 percentile overall	95 percentile overall	92 percentile overall
MBA Fees	INR 17,50,000	INR 17,90,000	INR 16,10,960
Curriculum	Minimum 110.5 credits and maximum 119.5 credits for two years	22.25 credits in the first year and 50.25 credits in the second year.	-
Highest CTC	INR 67 LPA	INR 36 LPA	INR 67.60 LPA
Average CTC	INR 17.3 LPA	INR 18.73 LPA	INR 21.04 LPA

Life at IIM Ranchi

Life at IIM Ranchi is busy and hectic with lectures, assignments, presentations, and projects. The IIM Ranchi students stay at the Khelgaon Housing complex and they used to attend classes at Suchna Bhawan which was about 30 minutes away. But in 2021, IIM Ranchi started to shift slowly to its permanent campus, which is in Dhurwa.

The hostel campus is situated away from the city in a peaceful location. The students are allotted individual rooms with attached bathrooms. The campus also has a cafeteria and snacks bar that stays open all night. Students can enroll themselves in the Khelgaon sports complex, to use all the sports facilities. IIM Ranchi hostel fees is around INR 2.46 Lakhs.

Check Detailed Life at IIM Ranchi

IIM Ranchi FAQs

Ques. What is the fee for IIM Ranchi

Ans. 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.

Ques. What percentile is required to get into IIM Ranchi?

Ans. IIM Ranchi CAT cut-off for admission into an MBA program is 92 percentile. The cut-off is the same for MBA-HR and MBA-BA.

Ques. How are the placements in IIM Ranchi?

Ans. In the 2023 placement drive, the highest package witnessed was INR 67 LPA. The average CTC in 2022 placement was INR 16.17 LPA and the highest CTC was INR 32.21 LPA.

Ques. Is IIM Ranchi good for PGHRM?

Ans. IIM Ranchi had 29 recruiters for MBA in HR with the highest offer being 32.21 LPA, also IIM Ranchi is mostly known for its HR Course

Ques. What are the courses taught at IIM Ranchi?

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

Ques. How is the hostel life in IIM Ranchi?

Ans. 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.

Ques. What is the average salary after IIM Ranchi?

Ans. The average salary of IIM Ranchi in the 2023 placement drive was INR 17.3 LPA.

Ques. Can I join IIM Ranchi after 12th?

Ans. 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.

Ques. Can I join IIM Ranchi without CAT?

Ans. 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.

Ques. What is the NIRF ranking for IIM Ranchi?

Ans. For MBA the NIRF 2023 ranking for IIM Ranchi is 24^th in India out of 100 management institutes.

Ques. What was the highest offered at IIM Ranchi?

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

Ques. How is IIM Ranchi for MBA?

Ans. IIM Ranchi is among the best for MBA. It holds a national rank of 24 on NIRF 2023 among 100 colleges. Also, they had 100% placements in 2022 with the highest package offered to be 32.21 LPA.

Ques. 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.

Ques. What are the eligibility criteria for getting into IIM Ranchi?

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

Ques. Does IIM Ranchi have an International Student Exchange program?

Ans. 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.

Ques. Does IIM Ranchi have doctoral programs?

Ans. Yes, IIM Ranchi does have doctoral programs, with specializations in:-

Accounting & Finance
Economics
General Management -Business Law, Business Ethics, Regulatory Environment & Business Communication
Information Systems & Business Analytics
Marketing Management
Organizational Behavior & Human Resource Management
Operations Management
Strategic Management

Ques. Does IIM Ranchi have an executive MBA program?

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

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

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

Ques. Does IIM Ranchi offer an undergraduate program as well?

Ans. 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.

Ques. Does IIM Ranchi has clubs and committees?

Ans. Yes, there are many clubs in IIM Ranchi, some of them are

E-Cell Club
Ellipsis, the Literary club
Conundrum, the consulting club
DIGITALYTICS Club
Finopsis Club
HR Club
Marquess Club
Polynomics
Samarpan Club
Sankriya Club

Ques. What is the fee structure for IPM at IIM Ranchi?

Ans. The IPM program charges INR 16,00,000 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.

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

Ans. 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.

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

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

Ques. What is the cut-off for IIM Ranchi IPM?

Ans. 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.

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

Ans. SAT was considered by IIM Ranchi for IPM admission, but from 2023 admissions the SAT scores won’t be considered. Only IPMAT scores will be considered for IPM admission.

Ques. What is the ROI of IIM Ranchi?

Ans. IIM Ranchi MBA fees is INR 17.5 Lakhs whereas the average CTC for the batch 2023 stood at INR 17.3 LPA. So the ROI is not so positive.

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

Ans. 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.

Ques. Does PhD students of IIM Ranchi receive stipend?

Ans. Yes, the PhD students at IIM Ranchi receive stipend of INR 30,000 for the first 2 years and INR 35,000 after qualifying the comprehensive examination at the end of the second year.

Ques. Is it easy to get into IIM Ranchi?

Ans. As per IIM Ranchi cutoff 2022, candidates belonging to the General category are needed to secure 92 overall percentile and for EWS and NC-OBC category, the overall IIM Ranchi cutoffs are 70 and 74 respectively. For the Scheduled caste category, the sectional cutoff is 35 percentile and overall is 54.

Ques. Who can apply to PhD program at IIM Ranchi?

Ans. Anyone who fulfill the following eligibility criteria are eligible to apply for PhD at IIM Ranchi:

Master’s degree or Postgraduate diploma with first class
4-year Bachelor’s degree with 6.5 CGPA
B.Com with CA/ ICWA/ CS certification with 55% marks

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

Ans. 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 30,000 for first 2 years and the stipend increases to INR 35,000 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.

Ques. What is CPGM Program at IIM Ranchi?

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

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

Ans. The total fee for the MBA program is NR 17,50,000 which includes the following charges:

Acceptance fee - INR 1,10,000
Tution Fee - INR 14,90,000
Hostel Charges - INR 1,20,000
Caution Deposit - INR 20,000
Alumni Fee - INR 10,000

Ques. Is IIM Ranchi Worth Joining?

Ans.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.

Ques. Ques. What are the hostel charges at IIM Ranchi?

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

...

Events	Dates
CAT 2023 Exam Date	Nov 26, 2023
CAT 2023 Result Date	Tentative Jan 04, 2024

IIM Ranchi Cutoff 2024

Exams

IIM Ranchi, CAT Cutoff 2022

IIM Ranchi, CAT Cutoff 2022 for General Category is listed below. The overall cutoff percentile for CAT is 92.

Courses	2022
MBA Compare	92
MBA Business Analytics Compare	92
MBA Human Resource Compare	92

View CAT 2022 Cutoff

IIM Ranchi Rankings 2024

You can check college ranking with differenct ranking agencies

IIM Ranchi Financial Express Ranking

#28out of 50 in India 2019

#2nd in Jharkhand

View Financial Express Ranked Colleges

Course Finder

Search from 20K+ Courses and 35+ Streams

IIM Ranchi Scholarship 2024

Scholarship provided by college

IIM Ranchi has been recognised as the 9th IIM and among the best B-Schools in India. IIM Ranchi offers various scholarship programmes under various Departments and Ministries of Government of India.

Have a look at some of the financial assistance programmes applicable in IIM Ranchi offered by the Government of India.

IIM Ranchi Scholarships

Name of Scholarship	Scholarship Amount (in INR)
National Fellowship and Scholarship for Higher Education of ST Students	31,000
Merit-cum means based Scholarship Scheme belonging to the Minority Communities	20,000
Central Sector Scholarship Scheme of Top Class Education for SC Students	N.A.
Scheme of Scholarship for Top Class Education for Students with Disabilities.	Up to 2 lakhs per year
Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education	12,000 (Graduation Level) 20,000 (Post Graduation Level)

For more details click here IIM Ranchi Courses and Fees

National Fellowship and Scholarship for Higher Education of ST Students- Ministry of Tribal Affairs
These scholarships provide financial support to ST students to pursue higher degree courses like MPhil, Ph.D or integrated M.Phil + Ph. D.
A minimum aggregate of 55% marks at PG level from a recognised university is required to be eligible for National Fellowship Scholarships.
Students eligible for IIM Ranchi Scholarships are selected on a merit-basis.
There is no minimum Income criteria for students eligible under the National Fellowship Programmes.
The maximum age should be 36 years, as on the first day of July of the relevant year of the award of scholarship.
Scholarship Seats:- 750

Check for more details IIM Ranchi IPM

National Fellowship- Amount of scholarship

Course	Stream	Scholarship (in INR)	Contingency Annually (in INR)
M.Phil	Humanities and Social Sciences	31,000 /-	10,000 /-
M.Phil	Science / Engineering Technology	31,000 /-	12,000 /-
Ph. D	Humanities and Social Sciences	Rs.31000/- for first two years and Rs.35000/- for remaining 3 years	20,500 /-
Ph. D	Science / Engineering Technology		25,000 /-
HRA for all the courses (monthly): Equal to UGC rates [8% or 16% or 24% based on city*
Escort Allowance for Divyanjan (monthly): INR 2000/- (at par with UGC rates)*

IIM Ranchi Ranking

Merit-cum means based scholarship scheme belonging to the Minority Communities
The Merit-cum means based Scholarships assist financial support to the poor and meritorious students belonging to minority communities to pursue professional and technical courses.
Students should possess an aggregate of more than 50% marks (or equivalent grade in the previous final examination).
The annual income of a student’s parents/guardians from all sources should not exceed INR 2.50 lakhs.
Students from minorities sections are eligible to apply for IIM Ranchi Scholarships under Minorities like Muslims, Sikhs, Christians, Buddhists, Jain and Zoroastrians (Parsis) under Section 2 (c) of the National Commission for Minorities Act, 1992.
Scholarship Seats:- 60,000 “Fresh” + “Renewal” Scholarships.
Merit Cum Means Scholarship- Reimbursement Amount

Item	Existing Amount (2012-17)
Course Fee	INR 20,000/- per annum (for both Hosteller & Day-Scholar)
Maintenance Allowance	INR 1,000/-* per month (Hosteller) INR 500/-* per month(Day Scholar)

* For 10 months in a year.

For more details click here IIM Ranchi Placements

Central Sector Scholarship Scheme (CSSS) of Top Class Education for SC Students- Ministry of Social Justice and Empowerment
CSS Scheme provides financial support to meritorious students from SC background willing to pursue degree programs.
Students should have an annual family income up to INR 4.5 lakh per annum to be eligible for CSS Scholarship.
As reimbursement, this scholarship covers major finances like tuition fees, non refundable charges, lodging & boarding charges, books & stationery charges and cost of IT equipment for the first year.
Eligible students can apply through NSP Portal i.e. https://scholarships.gov.in when the scholarships are being activated.

For more details click here IIM Ranchi Cutoff

Scheme of Scholarship for Top Class Education for Students with Disabilities
Students with disabilities (SwD) pursuing a graduate/ postgraduate program in a recognised institute are eligible for this scholarship.
Students with a gross family income less than INR 6,00,000/- per annum, are eligible to apply for the scholarship.
Total scholarship seats available under the stated scheme is 300.
Scholarship Amount

Components of Scholarship	Rates per Awardee
Reimbursement of tuition fee and non-refundable charges	Up to INR 2.00 lakh - per annum
Maintenance Allowance	INR 3,000 /- per month for hostellers, INR 1,500/- per month for day-scho
Special Allowances (related to types of disabilities like reader allowance, escort allowance, helper allowance etc.)	INR 2,000 per month
Books and Stationary	INR 5,000 /- per annum
Reimbursement of expenses- Purchase of a computer with accessories	INR 30,000/- as a one-time grant for the entire course.
Reimbursement of expenses- Purchase of Aids and Assistive Devices including necessary software related to the particular disability	INR 30,000/- as a one-time grant for the entire course.

For more details click here IIM Ranchi Admissions 2023

Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education
A component scheme known as the Central Sector Scheme of Scholarships for College and University Students (PM-USP CSSS)
Students with gross parental / family income up to Rs. 4.5 lakh per annum are eligible for scholarship under the scheme.
Students scoring at least 50% marks in the Final Examination and maintaining at least 75% attendance shall be eligible for renewal of scholarship in their next year.
Scholarship Amount:-

Qualification	Scholarship Amount (in INR)
Graduation	12,000
Postgraduate	20,000
Integrated Courses (5 years)	20,000 in 4th and 5th year

For more details of all National Level Scholarships students can go through the National Scholarship Portal by Government of India- www.scholarships.gov.in

For more details click here IIM Ranchi Reviews

IIM Ranchi Scholarships FAQs

Ques. What are the types of scholarships offered by IIM Ranchi ?

Ans. There are various scholarships offered by the Government of India available for students at IIM Ranchi under SC/ ST, SwD (Students with Disabilities) etc.

Ques. What is the scholarship amount for SwDs at IIM Ranchi Scholarships?

Ans. The Scheme of Scholarship for Top Class Education for Students with Disabilities offers up to INR 2 lakhs as course fee reimbursement. There are additional costs like maintenance (INR 3,000) and equipment costs, special allowances (INR 2,000) and so on.

Ques. How to apply for scholarships at IIM Ranchi?

Ans. Most of the scholarships offered by the Government of India at IIM Ranchi are available online and students can apply through the official NSP portal.

Ques. Are there any sort of Prime Minister’s Scholarship Scheme for students at IIM Ranchi?

Ans. The Government of India offers Pradhan Mantri Uchchatar Shiksha Protsahan Yojana i.e. PM- USP CSSS Scheme to students pursuing graduation or post graduation degree programs.

Ques. What is the minimum family income criteria to be eligible for IIM Ranchi Scholarships?

Ans. Scholarships like Central Sector Scholarship Scheme of Top Class Education and others require a family income not exceeding INR 4,50,000/- per year. Similarly Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education requires students to have family income less than INR 4.5 lakhs per annum to be eligible for these scholarships.

Ques. What are the benefits and best scholarships available at IIM Ranchi?

Ans. Scholarships are available for students to allow them uninterrupted learning and pursue degree programs with sufficient finance. Some scholarships popular at IIM Ranchi include Central Sector Scheme Scholarships for ST, Scholarships for students with disabilities, PM Uchchatar Shiksha Protsahan Yojana etc.

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IIM Ranchi: 21 Answered Questions

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Is IIM Ranchi worth joining?

Shubrajit SahaStudied at Indian Institute of Management Rohtak (Graduated 2019)

Yes, IIM Ranchi is indeed worth risking your career for. It’s one of the best B-schools out there that has a plethora of facilities that most top institutes offer. My cousin decided to join IIM Ranchi because of the following features

Curriculum: IIM Ranchi offers a variety of electives in various fields. Moreover, the live project opportunities help the students gain practical experience. They are able to use the classroom concepts in the real world within real constraints of resources, people factors, and other organizational constraints.

Placements: IIM Ranchi has excellent placement opportunities. The statistics for this year are

Particulars	Statistics
Number of Recruiters	250+
Number of Students	325
Highest Salary	INR 32.21 LPA
Average Salary	INR 16.17 LPA
Top Recruiters	Deloitte, Aditya Birla Group, Infosys, EY, IBM
Major Sectors	IT/ITES, Consulting, BFSI

Faculty: The faculty at IIM Ranchi is a rich blend of resident faculty and visiting faculty from top b-schools like IIM A, IIM C and FMS. They are very experienced, and humble and implement joint learning techniques, engage students in experiences, and emphasize higher-order cognitive activities in the classroom.

Research: The research culture at Ranchi is very prominent. In fact, certain courses aim solely at developing outstanding scholars for research careers at business schools/universities or careers in Government NGOs that require advanced analytical and research capabilities.

Location: Location-wise IIM Ranchi is superior owing to the Birsa Munda airport which is located at a distance of 11 km from the college.

Accommodation: IIM Ranchi provides single-occupancy rooms for accommodation. The hostel is located in National Sports Housing Complex. It has

Attached bathrooms and balcony
Drinking water
Automatic washing machine
A cafeteria as well as a restaurant

All these facilities make IIM Ranchi among the best of the new IIMs. T.I.M.E. has ranked it AAAA+ along with older IIMs like IIM I, IIMK, IIM S and a few other top B-schools in the country.

How much percentile is required to get a call from IIM Ranchi PGDHRM for a general category?

Yash AroraPresident at Azent Overseas Education Ltd (2018–present)

To be shortlisted for the IIM Ranchi PGDHRM program, it is generally required for a candidate to have a percentile of more than 92%. Keep in mind that the CAT score is not the only factor that is considered for the shortlisting process.

The graduation score and work experience are also taken into account, with a weightage of 15% and 10% respectively. Therefore, it is important to have a strong overall profile to increase the chances of being shortlisted for the program.

IIM Ranchi reserves the right to alter or modify the shortlisting and selection criteria for the MBA-HR program, as well as any other information related to the admissions criteria document, at any time if deemed necessary.

Does an IIM tag from a newer IIM (say IIM Ranchi) help in a person's career?

Aditya MahathaStudied at Indian Institute of Management Ranchi (Graduated 2019)

The question is too general. Yet I will share my own opinion.

Indeed, IIM Ranchi has the potential to help you clear the obstacles in your career and climb the success ladder. It’s the following aspects of IIM Ranchi that make it a good option to uplift your career

IIM Tag: In this era of tough competition, it’s the IIM tag that helps you avail the finest benefits after an MBA.

Growth: All the news IIMs focus on the general development of its students at large. Unlike older IIMs you can initiate committees and clubs that have never been established before. You can take the reins and enforce student culture at your college.

Long-term benefits: While joining a new institute one should definitely look at the bigger picture. After all, once even IIM Ahmedabad was a new IIM but today it has its own legacy. The same will happen with all the other new IIMs so you shouldn’t lose this opportunity just for short-term benefits.

Placements: We are quick to judge colleges based on its placement statistics. In reality, Management is a field in which lifetime value is considered not salary. Yet if you base your decision on placements this year's statistics are as follows

Particulars	Statistics
Number of Recruiters	250+
Number of Students	325
Highest Salary	INR 32.21 LPA
Average Salary	INR 16.17 LPA
Top Recruiters	Deloitte, Aditya Birla Group, Infosys, EY, IBM
Major Sectors	IT/ITES, Consulting, BFSI

These packages may seem lower than those offered at older IIMs but with excellent work, you can climb the ladder gradually.

Curriculum: The pedagogy is as good as any other top B School. You can gain a lot of knowledge just by attending the lectures conducted by the learned faculty alone.

Some points that might be important to consider against your decision to join IIM Ranchi are

The infrastructure is not at par with other IIMs
The distance between the campus and accommodation is very much.
You will be offered lower packages as compared to older IIMs

However, I don’t think these points can overshadow the plethora of opportunities IIM Ranchi offers.

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)

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 IIM Ranchi's IPM program worth it?

Neeraj YadavMBA Master of Business Administration Degrees, Indian Institute of Management Ranchi (2020)

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

Candidates who have passed 10 + 2 with a minimum of 60% Marks.
55% Marks for SC / ST / PWD.
Indian Nationals & PIO / OCI Card Holders are eligible to apply for the Program.

Admission process:

IIM Ranchi Admission Process for the IPM program consists of 4 Stages, which are as follows:

IIM Ranchi Reviews Applications received for IPM Program.
Candidates are Shortlisted based on their Valid SAT / IPMAT (Conducted by IIM Indore) scores.
Shortlisted Candidates are called for Personal Interviews for Final Selection.
IIM Ranchi Finalize Candidates based on their Overall Performance in Personal Interviews & their Overall Academic Scores

Overall I personally feel that the IPM program at IIM Rohtak is worth trying.

How is IIM Ranchi HRM?

Parth TawdePGP from Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India (2018)

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

Induction program: IIM Ranchi conducts a unique induction process wherein students from all the programs work together. It helps to inculcate Teamwork, creativity, and leadership through various tasks. The Introduction To Business session gives you a broad idea of both HR and other domains like Marketing, Finance, Operations, etc.
Curriculum: The curriculum at IIM Ranchi does not solely focus on HR subjects. Rather, it gives a strategic and integrative perspective from the very beginning. This aims at giving rise to future HR Leaders as Business Partners. The Foundation courses cover a broad spectrum like HR Scorecard, Job Evaluation, and Job Analysis.
Specialization: Another major highlight of the course is the specialization opportunity offered to its students. Apart from General HR Management, the PGDHRM course lets you specialize in Industrial/Labour Relations as well as Organization Development. This is a book for people who want to work in PSUs or crack exams like UGC NET. This makes it the first IIM to offer specialization in HR as well as the first IIM to offer specialization within its HR course.
SHRM guidelines: The content of its curriculum is based on the SHRM guidelines which is an International HR body to give the best to students in terms of knowledge.
Placements: The placement statistics of HR program are as follows

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.

What are the CAT score cut odds for IIM Ranchi PGDHRM?

Smeha JainMBA in Post Graduate Diploma in Management, Indian Institute of Management Ranchi (Graduated 2019)

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.

How good is IIM Ranchi's PGDM programme?

Gaurav YadavStudied at IIT Tirupati

Let’s discuss some major factors that make IIM Ranchi’s PGDM program a good one.

Hostel: IIM Ranchi has its hostel located in a very serene area. It provides single occupancy rooms to all its students with facilities like a geyser, laundry, library, and cafeteria.

Placements: The placement opportunities at IIM Ranchi are incredibly good. It boasts of 100% placement percentage. I will let the statistics do the talking

Particulars	Statistics
Number of Recruiters	250+
Number of Students	325
Highest Salary	INR 32.21 LPA
Average Salary	INR 16.17 LPA
Top Recruiters	Deloitte, Aditya Birla Group, Infosys, EY, IBM
Major Sectors	IT/ITES, Consulting, BFSI

Industry Exposure: The guest lectures conducted by industry experts offer great exposure to its students.

Academics: The curriculum and courses offered are spectacular and enhance your knowledge to a great extent.

National Stadium: The sports freaks can avail the state-of-the-art facilities at the National stadium, Khelgaon Sports Complex, which is a 2 minutes distance from the hostels.

So the PGDM program offered at IIM Ranchi is a pretty good one.

How does IIM Ranchi choose students for Student Exchange Program?

Hardik NagarMBA from Indian Institute of Management Ranchi (Graduated 2017)

IIM Ranchi offers an excellent foreign exchange program, which is currently affiliated with seven universities worldwide: three in Europe, two in Asia, one in the US, and one in Canada. Applications are typically solicited from first-year students who are interested in participating in the student exchange program.

To improve your chances of being accepted into a Student Exchange Program, it is important to carefully review the specific requirements and ensure that you meet them. Each program will have its own set of prerequisites that you must fulfill in order to be considered.

One key factor that the exchange program will consider is your academic performance, demonstrating your dedication to your education and potential to benefit from the program abroad. Additionally, the selection committee will want to ensure that you will make the most of this opportunity, successfully complete the exchange program, and be a positive representative of your home country.