IIM Ranchi: Admissions 2023, Fees, Placements, Courses and Cut-Off

About College

The admission process for the MBA program at IIM Ranchi for the year 2023 is currently underway. Interested candidates can apply through SAT until May 4, 2023, and the exam is scheduled for May 6. Admission to the MBA-HR program for the academic years 2023-25 at IIM Ranchi will be conducted through CAP 2023. Applications for the IPMAT program at IIM Ranchi are open until April 2023, and the exam is scheduled for June 16, 2023. It's worth noting that from the 2023-28 batch onwards, SAT scores will no longer be accepted for admission into the IPM program at IIM Ranchi.

IIM Ranchi Ranked 15th in the management category according to the July 15-released NIRF 2022 Rankings. IIM Ranchi is one of the baby IIMs established by the Indian Government in 2009. IIM Ranchi functions as autonomous public bschool. The college is designated with the status of “Institution of National importance” under the IIM Act 2017. IIM Ranchi offers MBA and IPM as its flagship courses. MBA Admission Process 2022 is over and CAP Final Calls are out now. Admission to IIM Ranchi IPM program is granted as per SAT/ IPMAT Score. IIM Ranchi has successfully concluded the final placements of the MBA and MBA HR batch of 2020-22, where the highest CTC was recorded at INR 32.21 LPA, and the average CTC stood at INR 16.17 LPA.

IIM Ranchi Highlights

Here are the key details about IIM Ranchi:

Established in 2009
Campus spans across 60 acres
Intake of 185 students for the MBA program
MBA fees amount to INR 17,50,000
NIRF ranking is 15
Offers a total of 15 courses
Faculty strength of 62
Scholarships are not available
The highest package offered in 2023 was INR 65 LPA for an international position
Top recruiting sectors are BFSI and consulting
Some of the top recruiters are Deloitte, Aditya Birla Group, and Infosys.

IIM Ranchi Important Dates

MBA/ MBA-HR/ MBA-BA
CAT Application	August 3 - September 14, 2022 (Closed)

IIM Ranchi Highlights

Here are the key details about IIM Ranchi:

Established in 2009
Campus spans across 60 acres
Intake of 185 students for the MBA program
MBA fees amount to INR 17,50,000
NIRF ranking is 15
Offers a total of 15 courses
Faculty strength of 62
Scholarships are not available
The highest package offered in 2023 was INR 65 LPA for an international position
Top recruiting sectors are BFSI and consulting
Some of the top recruiters are Deloitte, Aditya Birla Group, and Infosys.

IIM Ranchi Important Dates

MBA/ MBA-HR/ MBA-BA
CAT Application	August 3 - September 14, 2022 (Closed)
Last date for CAP Application	January 22, 2023 (Closed)
CAP PI Week 1	February 13 - 18, 2023 (Closed)
CAP PI Week 2	February 20 - 25, 2023 (Closed)
CAP PI Week 3	February 27, 2023 - March 4, 2023 (Closed)
Submission of Confirmation of Interest	March, 2023 (Ongoing)
Final Admission Offer	April / May, 2023
SAT May 2023 Registration Deadline	May 4, 2023
SAT May 2023 Exam	May 6, 2023
SAT June 2023 Exam	June 3, 2023
Session Commencement	July, 2023

IPM
IPMAT Registration	April, 2023
IPMAT Admit Card Available	18 June, 2023 - 2 July, 2023 (Tentative)
IPMAT Exam 2023	16 June, 2023
IPMAT Exam 2023 Result	20 July, 2023 (Tentative)

IIM Ranchi Placements 2023

The placement season for IIM Ranchi in 2023 has concluded with 502 students receiving job offers from 140 recruiters. The highest package offered was INR 65 LPA. The BFSI sector made the highest number of offers.

Particulars	Placement Statistics 2023
Number of Recruiters	140
Highest CTC	INR 65 LPA
Average CTC of 25% students	INR 26.21 LPA - INR 33.61 LPA
Minimum CTC	INR 18 LPA - INR 19.37 LPA
Top Recruiting Sector	BFSI (15.3% 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 22.37 LPA	INR 15.11 LPA

IIM Ranchi Ranking

IIM Ranchi ranked 15 by NIRF 2022 among the top management institutes in India. The following table represents the different ranking of IIM Ranchi:

Ranking Body	Year	Category	Rank
IIRF	2023	Best Govt. B-School	19
NIRF	2022	Management	15

IIM Ranchi Scholarships

IIM Ranchi provides various national-level scholarships to deserving students based on their academic records and financial status. Details of the available scholarships are mentioned below:

Scholarships Funded by Corporations:

Aditya Birla Scholarship: This merit-based scholarship is awarded to 1st and 2nd-year students, and the scholarship amount is INR 1.75 lakh per student. OPJEMS Scholarship: Offered by the OP Jindal Group, this scholarship is granted to one student each academic year, and the scholarship amount is INR 1.25 lakh per student. Siddhartha Padam Award: This award is given to a meritorious student who has excelled in the Finance Area. The award includes a cash prize of INR 50,000, a medal, and a certificate.

In addition to the scholarships mentioned earlier, the government of India offers various national-level scholarships such as the National Fellowship and Scholarship for Higher Education of ST Students, Merit Cum Means Scholarship for Professional and Technical Courses, and Central Sector Scheme of Scholarships. Students can find details of all these scholarships on the National Scholarship Portal of the Government of India (www.scholarships.gov.in). Furthermore, this college has partnered with several banks that offer loans at a low interest rate.

IIM Ranchi Student Immersion Programme

The Student Immersion Programme at IIM Ranchi is designed to prepare MBA students for global challenges in the real world. The International Relations Office (IRO) of IIM Ranchi collaborates with various international institutes/universities of high repute to establish global relationships.

The institute encourages students to take advantage of the opportunity to study abroad in order to expand their career prospects and gain personal insights. By participating in a single-term global exchange programme, students can enhance their understanding of different cultures, communities, and languages. To facilitate this, IIM Ranchi has partnered with several universities and colleges worldwide, which are listed below:

List of Partner Institutes for Student Exchange Programme:

Alba Graduate Business School, Greece
The American Business School of Paris
Asian Institute of Technology, Thailand
Audencia Nantes School of Management, France
EMLYON Business School, France
National Chengchi University, College of Commerce, Taiwan
Purdue University, USA
Turība University, Latvia
Ural Federal University, Russia
Woosong University, South Korea
University of Vaasa, Finland
Athens University of Economics and Business, Greece

IIM Ranchi FAQs

Q. What is the fee for the MBA program at IIM Ranchi?

A. The fee for the IIM Ranchi MBA program is INR 17,50,000 for 2 years, including tuition fees, hostel fees, acceptance fees, caution deposit, and alumni fees.

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

A. The CAT cut-off percentile required for admission into the IIM Ranchi MBA program, including MBA-HR and MBA-BA, is 92 percentile.

Q. How are the placements at IIM Ranchi?

A. In the 2022 placement drive, the highest CTC was INR 32.21 LPA, while the average CTC was INR 16.17 LPA. In the 2023 placement drive, the highest package was INR 65 LPA.

Q. Is IIM Ranchi known for its PGHRM program?

A. Yes, IIM Ranchi is known for its PGHRM program, with 21 recruiters for MBA in HR and the highest offer being INR 32.21 LPA.

Q. What courses are taught at IIM Ranchi?

A. IIM Ranchi offers 15+ courses, including MBA, Integrated MBA, Executive MBA, PhD, Executive PhD, and certificate courses.

Q. What is the hostel life like at IIM Ranchi?

A. Students are allotted individual rooms with attached bathrooms, and the campus has a cafeteria and snack bar that stays open all night. Students can also enroll themselves in the Khelgaon sports complex to use all the sports facilities.

Q. What is the average salary after completing an MBA from IIM Ranchi?

A. The average salary after completing an MBA from IIM Ranchi in the 2022 placement drive was INR 16.17 LPA.

Q. Can I join IIM Ranchi after 12th?

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

Q. Can I join IIM Ranchi without appearing for CAT?

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

Q. What is the NIRF ranking of IIM Ranchi for MBA?

A. For MBA, IIM Ranchi's NIRF ranking in India is 15 out of 125 colleges.

Q. What was the highest package offered at IIM Ranchi?

A. The highest salary offered in 2022 at IIM Ranchi was INR 32.21 LPA, and in 2023, the highest international offer was INR 65 LPA.

Q. How good is IIM Ranchi for MBA?

A. IIM Ranchi is among the best for MBA, with a national rank of 15 on NIRF among 125 colleges. It had 100% placements in 2022, with the highest package offered being INR 32.21 LPA.

Q. Can students live in private accommodation instead of the institution-provided hostels?

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

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

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

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

Yes, IIM Ranchi has an International Exchange program and has tie-ups with institutions like Ural Federal University (Russia), Woosong University

IIM Ranchi – Indian Institute of Management Admissions

IIM Ranchi Admission 2023

Currently, the admission process for IIM Ranchi’s 2023 MBA program is ongoing, with the CAP interviews already concluded on March 4, 2023. The final merit list for MBA admissions will be announced soon. Additionally, applications for the IIM Ranchi PhD program are currently being accepted, with a deadline of March 2023. Prospective candidates can apply by completing the application form, which is available on the IIM Ranchi website. Admission to IIM Ranchi is based on exams like CAT/GMAT, followed by a personal interview.

IIM Ranchi MBA/ MBA-HR/ MBA-BA Admission 2023

The admission process for IIM Ranchi’s MBA, MBA-HR, and MBA-BA programs in 2023 follows several stages. Interested candidates must complete the CAT application form and apply to IIM Ranchi. Applicants will also need to take the CAT exam and will be shortlisted for the personal interview (PI) based on the CAT cut-off. The PI will be conducted virtually through CAP. Finally, the selection of candidates for admission will be based on their CAT score, PI score, and profile.

Get Admission Details

IIM Ranchi – Indian Institute of Management Placements

IIM Ranchi Placements 2023

The placement drive for the batch 2023 is currently underway at IIM Ranchi, and a student has been offered the highest package of INR 65 LPA by Tolaram Group. The placement report for the batch 2022 has been released by the institute, which shows that the MBA and MBA HR students received an average salary of INR 16.17 LPA and INR 15.63 LPA, respectively. The highest salary offered was INR 32.21 LPA, which is a significant 8.3% increase from the previous year.

More than 250 recruiters participated in the placement drive, with notable names such as Deloitte, Aditya Birla Group, Infosys, EY, and IBM. The students were offered various job roles such as Asset Management, Wealth Management, Corporate Banking, and Project Management.

In addition, the final report for the IIM Ranchi Summer Internship Placements 2023 has also been released, which highlights that the highest stipend offered was INR 3.50 Lakhs per month. MBA, MBA BA, and MBA HR students received an average stipend of INR 1 Lakh per month, INR 92.50 K per month, and INR 1.20 Lakhs per month, respectively.

Get Placement Reports

IIM Ranchi – Indian Institute of Management Cutoff

IIM Ranchi Cutoff 2023

For general category candidates, the cutoff range for IIM Ranchi may be between 99 to 100 percentile. The admission process for IIM Ranchi 2023 consists of a two-step process, which includes the Analytic Writing Test (AWT) and Personal Interview (PI). However, CAT cutoffs are not typically made available to the public by the IIMs.

IIM Ranchi Cutoff 2023 Highlights

IIM Ranchi considers both sectional and overall cutoffs during the admission process, and the cutoff for the year 2023 is expected to be in the range of 99 to 100 percentile for general category students.

Cutoff Details

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