Indian Institute of Management - Ranchi
Indian Institute of Management - Ranchi

IIM Ranchi Placements 2024: Highest Package, MBA Placements, Summer Placements and Top Recruiters

Ranchi, Jharkhand

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IIM Ranchi Placements 2024 attracted students from diverse academic backgrounds, including engineering, sciences, commerce, and economics. The MBA program at IIM Ranchi achieved exceptional placement outcomes by witnessing an increase in the highest placement package offered by 56.56% and the average CTC increased by 16.5% for its MBA BA programme. It includes renowned companies such as Adani, Cisco, TVS, Reliance Retail, Mahindra, and Microsoft. The highest CTC recorded at IIM Ranchi was INR 37.80 Lakhs. The average CTC for MBA graduates at IIM Ranchi stood at INR 19.13 Lakhs.

The MBA-BA program also garnered recognition from esteemed organizations such as American Express, Cognizant, EXL, and Sony Pictures. The highest CTC of INR 37.80 LPA was witnessed.The average CTC at IIM Ranchi for these graduates was INR 19.13 LPA.

In the IIM Ranchi summer placements 2024, top recruiters from top companies like Accenture, Havells, Flipkart, Samsung, Berger, Britannia, and others actively participated in providing internship opportunities to the students. The internships provided invaluable experiential learning opportunities and a chance for students to showcase their skills. The average stipend for the course interns stood at INR 1.49 Lakhs, with the highest stipend offer reaching an impressive figure of INR 3 Lakhs. MBA summer internships at IIM Ranchi proved to be highly rewarding with an impressive 8.10% increase in the average stipend offered, with the top 25% experiencing a remarkable 26.19% increase, once again highlighting the batch's exceptional potential.

IIM Ranchi Placements 2024: Batch Profile

IIM Ranchi placements 2024 saw a balanced batch profile regarding gender, educational background, and work experience. The students were from diverse academic fields like engineering, sciences, commerce, and economics. Candidates had previous experience in IT, ITES, Finance, and consulting in organizations like NITI Aayog, Ernst & Young, Deloitte, and KPMG. 

The batch had 28% female students and 72% males. The batch of MBA and MBA-HR had 23% and 14.5% of students had an experience of 24-35 months. Also, MBA-BA had 19.4% of students having an experience of 24-35 months. Below is the table of MBA, MBA-HR, and MBA-BA work experience.

Programme Fresher 1- 11 months  12-23 months 24-35 months More than 36 months
MBA- BA 35.4% 14.16% 16.6% 23% 10.4%
MBA- HR 49.2% 7.2% 24.8% 14.5% 4.3%
MBA 48.6% 4.6% 23.8% 19.4% 3.6%

IIM Ranchi Placements 2024

IIM Ranchi MBA batch students bagged lucrative roles in various sectors and domains. Tabulated below are the IIM Ranchi placement 2024 highlights:

Placement 

Particulars

Highest CTC

 INR 37.80 LPA

Average CTC

 INR 19.13 LPA

Median CTC

INR 18.22 LPA

Highest Stipend Offered

3 Lakhs

Recruiting Sectors

Finance, IT & Analytics, Operations, Sales & Marketing

Top Recruiters

Amazon, Flipkart, Deloitte, Hero, Accenture, TVS, Berger, Tata Motors, Havells, and many more

IIM Ranchi MBA-HR Placements 2024

 The following table displays the sector-wise split of offers made to the MBA-HR students:

Particulars Details
Highest CTC INR 33.97 LPA
Average CTC INR 18.37 LPA
Median CTC INR 18.22 LPA
PPOs 16
Average of Top 10 Percentile INR 24.45 LPA
Average of Top 25 Percentile INR 22.72 LPA

IIM Ranchi MBA-BA Placements 2024

This year IIM Ranchi MBA-BA students were recruited by top-notch companies like American Express, cognizant, EXL, and Sony Pictures among others. Following are the placement highlights:

Particulars Details
Highest CTC INR 34.91 LPA
Average CTC INR 19.13 LPA
Median CTC INR 16.88 LPA
PPOs 6
Average of Top 10 Percentile INR 33 LPA
Average of Top 25 Percentile INR 27.77 LPA

 IIM Ranchi MBA Placements 2024

Sales and marketing appeared as the most functional areas, followed by strategy and Consulting, Operations, IT Analytics, and finance. Some notable companies like Yes Bank, Amazon, McKinsey, American Express, and Accenture Technology Consulting among others. 

Particulars Details
Highest CTC INR 37.80 LPA
Average CTC INR 18.69 LPA
Median CTC INR 18 LPA
PPOs 41
Average of Top 10 Percentile INR 29.20 LPA
Average of Top 25 Percentile INR 24.55 LPA

IIM Ranchi Placements 2024: Domain-wise

Check the table given below to know about IIM Ranchi domain-wise placement statistics in the year 2024.

Domain Highest CTC Average CTC Median CTC
Finance INR 37.80 LPA INR 19.12 LPA INR 19.95 LPA
IT & Analytics  INR 32.50 LPA INR 19.10 LPA INR 18 LPA
Operations INR 25.12 LPA INR 17.90 LPA INR 17.75 LPA
Sales & Marketing INR 27 LPA INR 17.07 LPA INR 17 LPA

IIM Ranchi Placements: Top Recruiters

IIM Ranchi Placement recruiters include prominent companies like Adani, Cisco, TVS, Reliance Retail, Mahindra, Microsoft, and many others. 

IIM Ranchi Top Recruiters

IIM Ranchi Summer Placements 2024: Batch Profile

IIM Ranchi Summer internship batch of 2024 presented various academic fields including Engineering, Science, Commerce, and Economics with experience in domains like IT, ITES, Finance, and Consulting. Many students of the  batch had prior work experience in companies like Accenture, Flipkart, Amazon, TCS, Wipro, and Tata Steel among others. Below is the graph of the duration of work experience in MBA, MBA-HR, and MBA-BA:

IIM Ranchi Batch Profile
IIM Ranchi Summer Placements 2024 

IIM Ranchi MBA summer placements 2024 witnessed internship opportunities in Finance, Strategy & Consulting, IT & Analytics, Operations, and Sales & Marketing domains.. Below is the spread of CTC offered to the students enrolled in diverse management programmes:

Programme Highest Stipend Offered Average Stipend Offered Median Stipend Offered
MBA- BA 3 Lakhs 1.38 Lakhs 1.20 Lakhs
MBA- HR 3 Lakhs 1.49 Lakhs 1.20 Lakhs
MBA 3 Lakhs 1.25 Lakhs 1 Lakhs

 

Top Exams Accepted by IIM Ranchi
University Grant Commission National Eligibility Test
Exam Mode:-  Online Test
Date:-  21 Aug 2024 - 04 Sep 2024
Council of Scientific and Industrial Research - National Eligibility Test
Exam Mode:-  Online Test
Date:-  25 Jul 2024 - 27 Jul 2024
Graduate Management Admission Test
Exam Mode:-  Online Test
Date:-  NA
Graduate Record Examinations
Exam Mode:-  Online/Offline Test
Date:-  NA
Graduate Aptitude Test in Engineering
Exam Mode:-  Online Test
Date:-  01 Feb 2025 - 16 Feb 2025
Common Admission Test
Exam Mode:-  Online Test
Date:-  24 Nov 2024 - 24 Nov 2024
Integrated Programme Management Aptitude Test
Exam Mode:-  Online Test
Date:-  NA
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Frequently Asked Questions (FAQs)

What is IIM Ranchi's average package in 2024?

IIM Ranchi placements 2024 offered an average package of INR 19.13 LPA.

What is the highest package at IIM Ranchi 2024?

The highest package at IIM Ranchi 2024 reached up to INR 37.80 LPA.

How are MBA- HR placements at IIM Ranchi 2024?

The highest CTC offered to MBA HR students stood at INR 33.97 LPA with an average salary of INR 18.37 LPA.

Who were the top recruiters at IIM Ranchi Placements 2024?

The top recruiters at IIM Ranchi placements 2024 were American Express, Hero, Havells, MTR, Deloitte, Cognizant, EXL, and Sony Pictures among others.

 

What was the average stipend offered to MBA interns at IIM Ranchi?

The average stipend for MBA interns at IIM Ranchi stood at INR 1.49 Lakhs.

What were the top recruiting companies for the Sales and Marketing domain for MBA interns at IIM Ranchi Summer Internships 2024?

Prominent recruiters for the Sales and Marketing domain at IIM Ranchi Summer Internships 2024 included companies like Asian Paints, Puma, GSK, Berger, Boston Scientific, Emami, Titan, Conagra, and Aditya Birla.

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