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

IIM Ranchi: Admissions 2023, Placements and Course Fee

Ranchi, Jharkhand

Indian Institute of Management Ranchi (IIM Ranchi) Admission 2024 Update: The CAT 2023 results were declared on Thursday, 21 December 2023. Admission procedures for IIM Ranchi will be conducted through the Common Admission Process (IIM-CAP). Details regarding the IIM-CAP timeline will be unveiled shortly. It is anticipated that the IIM-CAP activities will occur in January 2024, inviting candidates for Group Discussion (GD) and interviews, contingent upon their CAT performance.

The overall percentile required for admission in IIM Ranchi is 92 percentile (with a minimum of 70 percentile in QA, 70 percentile in DILR, and 70 percentile in VARC) for the General Category. Candidates meeting the minimum eligibility will only be called for the final personal interview round (PI). 

Indian Institute of Management Ranchi (IIM Ranchi): The Indian Institute of Management Ranchi (IIM Ranchi) stands as a distinguished public business school nestled in the heart of Ranchi, Jharkhand, India. The IIM Ranchi Campus is characterized by an array of exceptional amenities, encompassing contemporary hostels, a well-stocked library, and an entirely Wi-Fi-empowered campus. IIM Ranchi extends admissions for various esteemed programs, including MBA, MBA-BA, MBA-HR, Executive MBA, and IPM.

Prospective candidates aspiring to embark on a journey with IIM Ranchi must satisfy the designated eligibility prerequisites:

  • For the flagship MBA and MBA-HR courses at IIM Ranchi, applicants are expected to have an undergraduate degree with an accomplishment of at least 50% marks. 
  • Meanwhile, the MBA-BA program at IIM Ranchi beckons students with undergraduate or postgraduate degrees in engineering, technology, or architecture, provided they must have attained a minimum collective score of 60%.
  • Moreover, individuals seeking to embrace PhD or PhD executive program at IIM Ranchi should hold a master's or postgraduate diploma in any discipline with a commendable first-class distinction.
  • The Executive MBA program at IIM Ranchi requires aspiring participants to have a Bachelor's degree from a recognized institution and a substantial career trajectory of at least 5 years.
  • As for those aspiring to partake in the IPM course at IIM Ranchi, they must successfully perform in secondary and higher secondary examinations, culminating in an impressive aggregate of 60%. 
  • The meticulous selection process for admission at IIM Ranchi encompasses rigorous evaluations through entrance tests such as CAT/GATE/NET-JRF/GMAT/GRE, followed by personal interviews and a comprehensive assessment of candidates' holistic profiles.

In the realm of placements, the IIM Ranchi MBA program witnessed a domestic salary offering of INR 35.5 Lakhs. While the MBA-HR program at IIM Ranchi secured an equally notable domestic offer of INR 32.2 Lakhs. IIM Ranchi shined at the #24th position within the NIRF 2023 management ranking and secured the #19th slot among India's top-tier B-Schools for the year 2023.

IIM Ranchi Highlights 2023

Following are some of the highlights of the IIM Ranchi:

IIM Ranchi 

Year of Establishment

2009

Type of College

Autonomous

Campus Size

70 Acre

NIRF Ranking

#24th in Management

Location

Ranchi, Jharkhand

Average Placement Package 

INR 17.3 LPA

Top Recruiters

Adani, Cisco, TVS, Reliance Retail, Mahindra, Microsoft

Courses 

MBA, MBA-BA, MBA-HR, Executive MBA, IPM

Facilities

Hostels, Library, Wifi-Campus

Entrance Exams

CAT/GATE/ NET-JRF/ GMAT/GRE

IIM Ranchi Ranking 2023

  • IIM Ranchi proudly claims the #24th spot in the esteemed NIRF 2023 ranking within the management realm.
  • This achievement is further bolstered by securing the #19th position among India's premier B-Schools in the year 2023, as recognized by IIRF. 
  • Notably, the distinguished Outlook ICARE 2023 evaluation has accorded IIM Ranchi an impressive #7th standing among the nation's paramount institutions of significance and eminent public MBA establishments. Throughout its storied history, IIM Ranchi has consistently risen to prominence within the academic sphere, solidifying its position as a stalwart. 
  • Today, it stands resolutely as one of the Top management institutes in India.

IIM Ranchi Admission Dates 2023

IIM Ranchi admissions are done on the basis of CAT, SAT, and Personal Interview. Students willing to take admission must check the IIM Ranchi’s MBA/ MBA-HR/ MBA-BA important dates given below:

Event

Dates

Commencement of CAT 2023 Registration

August 02, 2023 

Conclusion of CAT 2023 Registration

September 13, 2023

Release of CAT Admit Card

October 25, 2023

CAT 2023 Examination

November 26, 2023

Deadline for CAP Application

January 22, 2024 (Tentative)

CAP PI Week 1

February 13 - 18, 2023 (Tentative)

Closing Date for SAT May 2023 Registration

May 4, 2024 (Tentative)

SAT May 2024 Examination

May 6, 2024 (Tentative)

Initiation of Academic Session

July, 2024

IIM Ranchi Courses & Fees

IIM Ranchi offers a wide range of courses including MBA, MBA-BA, MBA-HR, Executive MBA, and IPM. Students wanting to take admissions at IIM Ranchi must carefully look through the information mentioned below:

Courses

Course Details

Eligibility Criteria

Selection Criteria

MBA/ MBA-HR

Course Fee: INR 17.50 Lakhs

Course Duration: 2 Years

Applicants are required to have successfully obtained a bachelor's degree with at least a 50% overall score.

CAT

Overall Profile

Personal Interview 

MBA-BA

Course Fee: INR 17.50 Lakhs

Course Duration:  2 Years

Prospective candidates are expected to have completed either their UG or PG studies with a minimum combined score of 60% in the fields of engineering, technology, or architecture.

CAT

Personal Interview (PI)

Candidates overall Profile 

PhD/ PhD Executive

PhD Executive Course Fee: INR 6.50 Lakhs

PhD Course Duration: 3-6 Years

PhD Executive Course Duration: 3 Years

Specializations: Accounting & Finance, Economics, Information Systems & Business Analytics, Marketing Management, Organizational Behavior & Human Resource Management, Operations Management, Strategic Management, General Management(includes Business Communication, Business Ethics)

The applicant must possess a master's degree or postgraduate diploma in any field, distinguished by a first-class standing.

CAT, GATE, NET-JRF, GMAT, GRE

Personal Interview

Executive MBA/ PGEXP

Course Fee: INR 12.50 Lakhs

Course Duration:  2 Years

Required Work Experience: 5 Years

The aspirant must confer an undergraduate degree from a recognized institute.

Personal Interview 

IPM

Course Fee: INR 16 Lakhs

Course Duration: 5 Years 

Applicants are required to have achieved a 60% overall score in their 10th/Secondary/SSC and 12th/Higher Secondary/HSC examinations.

SAT/IPMAT

Personal Interview

Academic Profile

IIM Ranchi Placements 2023

IIM Ranchi provides placements for various courses such as MBA, MBA-BA, and MBA-HR. Top recruiters at IIM Ranchi included prominent names such as Adani, Cisco, TVS, Reliance Retail, Mahindra, Microsoft, and many others. Below is the table for IIM Ranchi Placements 2023:

IIM Ranchi MBA Placements 2023 

Following are the IIM Ranchi MBA Placements Highlights:

Placement Particulars

CTC

Highest Domestic CTC

INR 35.5 Lakhs

Highest International CTC

INR 67 Lakhs

Average CTC

INR 17.3 Lakhs

Median CTC

INR 16.5 Lakhs

IIM Ranchi MBA-BA Placements 2023

Below are the IIM Ranchi MBA-BA Placement Highlights:

Placement Particulars

CTC

Highest Domestic CTC

INR 22.3 LPA

Average  CTC

INR 16.4 LPA

Median  CTC

INR 16 LPA

IIM Ranchi MBA-HR Placements 2023

Students wanting to check the IIM Ranchi MBA-HR Placements detail can look at the table given below:

Placement Particulars

CTC

Highest Domestic CTC

INR 32.2 LPA

Average CTC

INR 16.3 LPA

Median CTC

INR 16 LPA

IIM Ranchi Admission Procedure 2023

  • Go to the official website portal of IIM Ranchi
  • Choose the course of your choice and carefully go through the guidelines provided by the institution.
  • A link would be mentioned along with information stating “Click here to apply”.
  • Click on the link and fill out the online application form.
  • Please ensure you attach the necessary documents and submit the application fee.
  • Give the entrance exam associated with the course.
  • According to the guidelines mentioned above and on the official website check the cutoff.
  • And if shortlisted give the personal interview.
  • Once everything is done, reach IIM Ranchi with the official documents to complete the further formalities. 

IIM Ranchi Facilities 2023

  • Classrooms: The academic wing features six aesthetically designed classrooms equipped with modern amenities like computers, projectors, sound systems, and Wi-Fi.
  • Library: IIM Ranchi library offers cutting-edge resources with a collection of 3,356 books, 22 print periodicals, 372 CD/DVDs, 36 e-resources, 17,000+ e-journals, 43,00,000+ e-books, and 17,00,000+ e-dissertations and theses.
  • Hostels: IIM Ranchi's Hostels match global standards, with separate blocks for genders, fully Wi-Fi-enabled. It provides furnished three-bedroom and four-bedroom flats, complemented by five-star facilities, along with dining options available nearly 20 hours a day and a medical dispensary.

IIM Ranchi Scholarships 2023

IIM Ranchi provides scholarships to students based on Merit cum Means basis. This scholarship is offered to 25 students every year. Students in MBA, MBA-BA, MBA-HR, and IPM courses are eligible for it. The value of this Scholarship is around INR 1 Crore. 

To ensure that scholarships reach a diverse group of students, the criteria for the scholarship is the parental income gap. It also excludes those students who have availed other scholarships. It also provides weightage to students who belong to SC/ST categories or are differently abled. 

IIM Ranchi Scholarships for Full-time PhD Scholars

IIM Ranchi PhD Scholars are also provided with a fellowship stipend of INR 30,000 per month for two years. After the candidates have qualified for their comprehensive examination, INR 35,000 is offered for the remaining period. Other grants include a contingency grant, a one-time computer purchase grant, four domestic conference grants, and a one-time international conference grant.

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Frequently Asked Questions (FAQs)

What is the rank of IIM Ranchi?

In the NIRF Surveys of 2023, IIM Ranchi attained a comprehensive ranking of 22nd, and in the IIRF Rankings of 2023, it secured the 19th position.

What is the cut-off for IIM Ranchi's final selection?

The specified percentile cutoff for the general category for the academic year 2023-25 at IIM Ranchi is 92 percentile.

What is the weightage of the CAT score in IIM Ranchi?

A weightage of 40% will be allocated to the CAT score at IIM Ranchi exclusively for candidates eligible to participate in the Personal Interview (PI) process.

What is the weightage of the Personal Interview in IIM Ranchi?

The assessment attributed to the Personal Interview (PI) score at IIM Ranchi stands at 30%.

What is the cut-off for IIM Ranchi IPM?

For applicants of IPM 2023-28 the minimum IPMAT 2023 scores (overall) required for shortlisting for the Personal Interview stage are as follows: 

  • General - 187
  • EWS - 153
  • NC-OBC - 131
  • SC - 90
  • ST - 43
  • DAP - 34

What are the fees of IIM Ranchi?

Below is the course fee for IIM Ranchi:

Course

Course Fee

MBA

INR  17,50,000

MBA-BA

INR 17,50,000

MBA-HR

INR 17,50,000

Executive MBA

INR 12,50,000

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