Institute of Rural Management, Anand (IRMA) Overview

  Anand   AICTE, NAAC   ESTD 1979
  Anand   AICTE, NAAC   ESTD 1979

About College

Institute of Rural Management Anand (IRMA) is a leading Business School situated in Gujarat. IRMA is ranked 58th by NIRF in 2022 among the Top MBA colleges in India. IRMA offers 2 year PGDM (RM) course as its flagship program. Admissions for PGDM (RM) are based on the CAT and XAT scores accompanied by Written Ability Test and Personal Interview. IRMA Anand also offers a PGDM (RM-X) that is Post Graduate Diploma in Management (Rural Management-Executive). The program is offered for working professionals. IRMA Anand Placements had top recruiters like Cred Avenue, Godrej Agrovet Ltd, ICICI Bank, Flipkart etc. 251 students got selected while a total of 431 offers were made. The candidates also got 19 pre-placement offers. The highest CTC stood at INR 26.50 LPA for 2022. IRMA Summer Internship Placements for 2021-23 had the highest stipend of INR 1.7 Lakhs per month.

IRMA Anand is a premier business school located in Gujarat, India. IRMA is a NAAC A grade accredited institute and has secured 58th rank among the best business schools in India by NIRF Ranking 2022. The 2-year fully residential PGDM (RM) is the flagship program of IRMA Anand. Admissions to the 240 seats of PGRM (RM) are based on the CAT/XAT scores followed by Written Ability Test and Personal Interview.

Apart from the PGDM (RM), IRMA Anand is offering PGDM (RM-X) for working professionals and an FPM (RM) program at the doctoral level. Admissions to the PGDM (RM-X) are done on the basis of CAT/XAT followed by a personal interview. While FPM (RM) admissions are based on the scores in CAT/GRE/UGC-JRF/NET/CSIR/GATE followed by a written test and personal interview conducted by the institute.

IRMA Anand achieves great records in its placement drives every year. In the placement drive of 2022, the institute recorded an increase of 39% in the highest package. The highest CTC offered is INR 26.5 LPA while the median CTC stood at INR 15 LPA. Some of the top recruiters are Yes Bank, Vedanta CSR, NTPC, ITC Agri-Business, Amul, Jai Kisan Adani Wilmar, Axis Bank, ICICI Bank, etc.

IRMA Anand Quick Facts

  • IRMA PGDM (RM): IRMA’s PGDM (RM) has been approved by the AICTE and recognized as equivalent to a Master’s degree by AIU. IRMA is accredited by NAAC and its PGDM (RM) programme is accredited by National Board of Accreditation (NBA).
  • IRMA Placements 2022: Outstanding placement record with 1.5 offers per student and highest CTC of INR 26.5 lakh in 2022. Opportunities to work closely with experienced managers in an organisational setting through the Summer Internship Segment. Live Projects for reputed brands in the business and development space. Opportunities to learn from Industry stalwarts through Industry Connect (ICON) Talks. 
  • IRMA Scholarships: Over 80+ Scholarships worth INR 3.17 crores.
  • IRMA Student Achievements: 
    • The 3 students of the 41st batch of IRMA's flagship program PGDM (RM), 2020-2022 is listed among the top 30 teams nationally from 10000+ applications across the top 12 B-schools in the country, National Semi-finalist in Colgate Transcends 2021 by Colgate-Palmolive (India).
    • The 3 students of the 42nd batch of flagship program, PGDM (RM), 2021-2023 have won the Kirloskar Business Plan Competition.

IRMA Anand Ranking

  • 21st Rank - India's Best B-Schools Survey -The Week Magazine (2021)
  • 6th Rank - India's Best B-Schools Survey (Private) West Zone - The Week Magazine (2021)
  • ‘A’ Grade - T.I.M.E Best B-School (2021)
  • 12th Rank - Careers360 (2020)
  • 12th Rank - Times Best B-School Survey (2021)
  • 14th Rank - Business Today Private B-School Survey (2020)
  • 25th Rank - Annual MBA Universe Rankings (2021)

IRMA Anand Cut-off 2022

Category CAT Percentile XAT Percentile
General (Non-Profile-Based) 86 86
General (Profile-Based) 81 81
General (EWS) 81 81
OBC (Non-Creamy) 71 71
SC 61 61
ST 51 51
DAP (Differently Abled Person) 51 51

IRMA Anand Placements 2022

IRMA Anand recently concluded the 2022 placement drive for its 41st PGDM (RM) batch. There was a hike of about 39.47% in the highest salary, 48.51% in the median salary & 34.67% in the mean salary. 251 recruiters visited the campus. Major recruiters included Flipkart, ICICI Bank, Axis Bank, AMUL, Cred Avenue, Grant Thronton LLP & many more. The placement highlights are mentioned below:

  • Number of recruiters : 251
  • Number of offers : 431
  • Number of PPO : 19
  • Highest salary : INR 26.50 LPA
  • Median salary : INR 15 LPA
  • Mean salary : INR 14.33 LPA
  • Lowest salary : INR 8 LPA
  • Mean package of top 10th percentile : INR 20.05 LPA
  • Mean package of top 25th percentile : INR 17.67 LPA
  • Mean package of top 50th percentile : INR 16.70 LPA
  • Mean package for freshers : INR 14.34 LPA
  • Mean package for experienced students : INR 14.31 LPA

Placement summary of IRMA of last 5 years

Years Average Salary (INR) Maximum Salary (INR)
2018 11.39 LPA 46.50 LPA
2019 12.84 LPA 50.31 LPA
2020 10.78 LPA 52.00 LPA
2021 10.10 LPA 19.00 LPA
2022 15.00 LPA 26.50 LPA

Key Recruiters

  • Agribusiness Corporations: Gujarat Cooperative Milk Marketing Federation (GCMMF), ITC Agribusiness Division, Dabur India, Godrej Agrovet, Coromandel International, Adani Wilmar, Cargill.
  • NGOs, Government and Development agencies and CSR foundations: Vedanta CSR, NTPC CSR, Brooke India, Foundation for Development of Rural Value Chains (FDRVC), BAIF Development Research Foundation, BRLPS – JEEVIKA, Panchayati Raj-Govt. of Telangana, and Access Livelihoods Consulting (ALC).
  • Retail Sector: More Retail and Reliance Retail.
  • Consulting: Grant Thornton Bharat LLP, CMS, and Technopak Advisors.
  • AgTech: Reliance Jio, Grow Indigo, DeHaat, Intello Labs.
  • Banking, Financial Services and Insurance: Yes Bank, ICICI Bank, IDFC First Bank, Axis Bank, Fullerton, Vivriti Capital, Northern Arc Capital, TVS Credit, Navadhan Capital, Caspian Impact Investments, SBI General Insurance, IFFCO Tokio General Insurance, Arth Rural.

IRMA Anand Summer Placements

IRMA Anand has recently concluded its 2023 summer internship placement drive, in which, 250 students participated. Top recruiters like Amul, Godrej, ITC Limited, Crompton, Nestle, TVS etc. visited the campus. The major highlights of IRMA Anand Summer Internship Placements are mentioned below:

  • Number of offers : 450
  • Number of students participated : 250
  • Highest stipend : INR 1.70 Lakhs per month
  • Top 10 percentile average stipend : INR 1.34 Lakhs per month
  • Top 25 percentile average stipend : INR 1.08 Lakhs per month
  • Median stipend : INR 50 K per month
  • Mean stipend : INR 62 K per month

IRMA Anand Scholarship

IRMA 20 merit-based scholarships worth Rs. 1.17 crore for the students of Post Graduate Diploma in Management (Rural Management). Out of the 20 scholarships, 10 would be awarded to the general pool and 10 would be awarded exclusively to female candidates. The scholarship amount will be up to 50% of the tuition fee. 

  • Mirae Asset Foundation Scholarship
  • IDFC FIRST Bank Flagship MBA Scholarship
  • SC Scholarships
  • ST Scholarships
  • Tuition Fee Waiver (TFW) Scheme

IRMA Anand FAQ

Q. Does IRMA Anand provide an education loan?

Ans. Educational loans are available from various banks to candidates enrolling at IRMA.

Q. How many seats are reserved under NRI category in IRMA Anand PGDM (RM) 2022-24?

Ans. The total approved seats allocated for PGDM (RM) 2022-24 is 240. 5%) of seats within “Approved Intake” are allowed under NRI category.

Q. Can final year students apply for the IRMA Anand PGDM Programme ?

Ans. Yes, applicants in the final year of their graduation can apply for IRMA Anand PGDM Programme if they expect to complete all the graduation requirements before July 04, 2022.

Q. Is IRMA Anand PGDM (RM) equivalent to Masters degree ?

Ans. Yes, PGDM (RM) at IRMA Anand is recognised as equivalent to a Masters degree by the Association of Indian Universities (AIU).

Q. Does IRMA Anand provide any bank loan facility for the students?

Ans. Yes, Education loan without any collateral and at favourable interest rates are available from the United Bank of India, Anand and Canara Bank, Anand, Bank of Baroda, Anand.

Q. Is there any age limit specified to be eligible for IRMA Anand ?

Ans. There is no maximum age limit for prescribed by IRMA. Anand for its management Programmes. An applicant of any age is eligible to apply for IRMA Anand.

Q. What are the specialisations offered by IRMA Anand?

Ans. IRMA Anand does not offer any formal specialisation other than the Rural Management for its flagship PGDM course.

However, students may select their optional courses during the last 5th and 6th terms.

Q. Is hostel accommodation mandatory at IRMA Anand?

Ans. IRMA PGDM in Rural Management is a two-year fully residential programme. If shortlisted for the course, you are required to stay in hostel at the IRMA campus while pursuing the 2 year full time program.

Q. Are hostel and mess charges included in the IRMA Anand course fee?

Ans. The IRMA Anand course fees for its flagship PGDM (RM) is 14 Lakhs including the hostel charges. Mess charge is considered extra which is around Rs.4,500/-.Boarding and personal expenses will be applicable above the course fee.

Q. How is campus life at IRMA Anand?

Ans. IRMA Anand is spread in 60-acre campus with all the amenities for a comfortable learning environment. The campus is well-equipped with rich state-of-the-art facilities such as lecture halls, seminar halls, auditorium, library, students hostels, Student Activity Centre (SAC), Executive Training and Development Centre (ETDC), dispensary and other support facilities. 

Q. Is IRMA Anand a govt college?

Ans. IRMA Anand is not wholly owned either by the Government of India or by the State. IRMA is a self financed Institute pioneering academics in rural management and research.

Q. Is PGDM (RM) a recognized course at IRMA Anand?

Ans. IRMA PGDM (RM) is recognized as equivalent to a Master's degree by the Association of Indian Universities (AIU). PGDM (RM) and FPM (RM) programmes at IRMA Anand are also approved by the All India Council for Technical Education (AICTE).

Q. Does IRMA give any Tuition Fee Waiver or Scholarship to its students?

Ans. Yes, Financial assistance is offered to deserving students through various schemes and scholarships such as IRMA Merit-based Scholarship, Mirae Asset Foundation Scholarship, IDFC FIRST Bank MBA Scholarship, SC & ST Scholarship and tuition fee waiver.

Q. What is the number of candidates to be selected to PGDM (RM) 2022-24?

Ans. The total intake proposed for IRMA Anand PGDM (RM) 2022-24 batch is 240. also, 5% of seats within “Approved Intake” are reserved for NRI category at IRMA Anand. 

Q. Does IRMA Anand offer any course for working professionals too?

Ans. Yes, IRMA Anand also offers a Rural Management-Executive programme specially designed for working professionals. Selection for the PGDM (RM-X) program will be based on the entrance test score, personal interview, work experience, and gender diversity. 

Q. Can I get the benefit of the sports diversity at IRMA Anand?

Ans. Yes, candidates with a government certificate of their participation in sports at different levels will receive weightage corresponding to the level of participation at IRMA Anand.