Indian Institute of Management (IIM), Ranchi Overview
In the year 2010, IIM Ranchi, the ninth Indian Institute of Management was established at Ranchi. The Indian Institute of Management, Calcutta and the government of Jharkhand has helped extensively to make it happen. Like all IIMs, it is an autonomous institution under the Ministry of Human Resource Development (HRD), the government of India.
This reputed IIM in Ranchi, Jharkhand offers a two-year duration of Postgraduate Diploma Programme in General Management, which is considered as its flagship programme. On the other hand, the institution also offers a full-time course in Human Resource Management, which also has a duration of two years. The course is also referred to as PGDHRM. There is a Fellow Program in Management that gets funding from the Government of India. The institute also has a Diploma Program in Management (PGEXP), which runs for a duration of 24-month. It is a part-time course. Other than these, IIM Ranchi has also introduced a certified Barefoot Manager program, which mainly promotes entrepreneurship among the illiterates and school dropouts.
IIM Ranchi is ranked 28th by National Institutional ranking Framework (NIRF) in 2016. The Institute has also been ranked 4th in the eastern region by Hindustan Times. India Today has placed the college among the top 5 emerging B-schools in India. IIM Ranchi ranking is pretty impressive.
The faculty members of the institution take part in designing the courses. Aditya Sankar Mishra, a P.H.D scholar from I.F.H.E, Hyderabad, gives his pedagogy on the Marketing part. Amit Sanchan, an IITian from Roorkee, takes classes on the topic of operation management.
IIM Ranchi Courses offered and Fee Structure
It offers quality management courses to prepare its students as world-class management graduates. IIM Ranchi offers Post-Graduation Programme in Human Resource Management, Post Graduate Executive Programme and Doctoral programme. It also offers PGEXP in four specializations - Finance, HRM, Marketing and Operations.
IIM Ranchi Courses highlights
- On PG level, IIM Ranchi offers full Post Graduate in Human Resource Management that runs for two years.
- On doctor level, the college offers an FPM - fellowship programme with a duration of four years
- The college also offers 24 months of part-time diploma in management (PGEXP) for Executives.
|Course||Duration||Eligibility||Fees (in INR)|
|PGPHRM||2 years (full time)||A Bachelor’s degree with at least 50% aggregate marks (45% for SC, ST, and PWD candidates) or equivalent CGPA along with CAT score||15.10 lakhs|
|PGPEM||2 years (part-time)||Candidates must have a Bachelor’s degree from any recognized college or university||8 lakhs|
|PhD||4 years||Master degree or postgraduate diploma OR Equivalent in any discipline with first class, OR B.Tech/4 years with 6.5 CGPA equivalent, OR Any professional qualification such as CS with a B.Com/CA/ICWA with a minimum 55% aggregate marks|
IIM Ranchi Admission Process
All students are admitted to the programme on the basis of CAT or Common Admission Test score. For PGPHRM - Post Graduation Programme in Human Resource Management, candidates need a bachelor's degree of minimum 3 years duration along with a minimum 50% marks (45% for SC/ST/PWD candidates) or equivalent CGPA. For the PhD, the candidates holding a Master’s degree or Post Graduate diploma or an equivalent with first class in any discipline are eligible to apply. To know more about IIM Ranchi admission candidate can nevigate to IIM Ranchi at Pagalguy.
- All the IIMs usually follow a two-step process of selection. First, short-listing on the basis of the Common Admission Test (CAT) scores followed by a Written Ability Test (WAT) and Personal Interview (PI).
- Candidates who cleared the first stage of the admission are informed for WAT and PI rounds.
- IIM Ranchi gives maximum weight to Personal Interview and CAT number for admissions. However academic performance, experience in relevant work also play an important role in the final selection.
IIM Ranchi Placements
For the last four years, IIM Ranchi earned very successful placements. After the final placement report of 2019, IIM Ranchi witnessed a successful IIM Ranchi recruitment of 181 students in PGDM and 63 students in IIM Ranchi PGDHRM. 127 companies visited IIM Ranchi for Placement 2019 included 82 new recruiters. Some of the recruiters are Aditya Birla Group, Deloitte, Bharat Petroleum, EY, Hero, HP, L and T, Wipro, Yes Bank, RBL Bank, Maruti Suzuki, Mother Dairy, Honeywell. IIM Ranchi average package was 14.52 LPA for PGDHRM and 15.02 for PGDM.
IIM Ranchi Placement: 2019 highlights
|Name of the Course||Highest International salary||Highest Domestic salary||Average salary|
|PGDM||58.10 LPA||26 LPA||15.02 LPA|
|PGDHRM||NA||21 LPA||14.52 LPA|
IIM Ranchi Result and Cut-off
IIM Ranchi is one of the most reputed colleges. It maintains a strict admission process. The college declares the required cut-off marks after the CAT results are out. The students who have a valid CAT scorecard and have scored above the cut-off marks can get a seat in this popular institution. Usually, in the month of January, IIM Ranchi results are announced.
It usually maintains high CAT cut-off marks of around 95 percentile. The cut off marks are different for different categories.
|Category||Percentile Verbal Ability and Reading Comprehension||Percentile Data Interpretation and Logical Reasoning||Percentile Quantitative Ability||Overall Percentile Or IIM Ranchi cut off|
IIM Ranchi Alumni Network
IIM Ranchi is one of the best business schools in the country. It has a strong network to stay connected with the pass out students, connected through social networks and via emails. Monica Jaiswal (PGDHRM 2015-17), one of the IIM Ranchi alumni made it to the coveted Economic Times Young Leaders 2018 list, which is a platform for identifying India's as the most promising young manager in the age of 26-32. The alumni help the present students to build a premier career as they are connected with many major corporate bodies.
IIM Ranchi Scholarship
Indian Institute of Management, Ranchi is one of the leading institutes in India. It helps the students to build a successful career. IIM Ranchi also takes care of its meritorious students by giving them financial aid. It provides several types of scholarships to the meritorious students. The merit scholarships are given to the students who give excellent performance in the academic session. The Government of India provides many scholarship schemes for the benefit of students who can't afford for higher studies. The details of all the national level scholarships are provided in the National Scholarship Portal of Government of India.
IIM Ranchi Campus Facility
The campus has hostel rooms, flats, common room, student blocks, library, and many more. Recently, the Student Block has been shifted to the residential block of the sports village a.k.a. Khelgaon, which is located in the outskirts of Ranchi. IIM Ranchi new campus area is full of greenery, away from the crowd, calm and pleasant environment, which provides a peaceful ambience for the students. At IIM, the housing facility is best in the world. It is fully Wi-Fi enabled. An updated library is also available. These activities make students more confident and qualified person in the corporate world.