IIM Ranchi was the 9th IIM established in 2009 initially mentored by IIM Calcutta and is ranked 24th by the NIRF 2023. IIM Ranchi is known for its flagship MBA program, which offers admission through CAT. IIM Ranchi cut-off is 92 percentile (overall). IIM Ranchi is known for its Flagship MBA and IPM programs and admission to these courses is done on the basis of CAT, SAT and IPMAT. IIM Ranchi MBA fees is INR 17.5 lakhs, while IIM Ranchi average package stood at INR 17.3 LPA and IIM Ranchi highest package stood at INR 67 LPA for the 2023 batch.

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At IIM Ranchi, the minimum CAT percentile for the 2022-24 batch was 98.76 percentile. A total of 100,716 general category candidates selected IIM Ranchi as their CAT preference, of which 8998 were shortlisted for interview and 2210 received the final offer. 

IIM Ranchi Highlights

Particulars Statistics
Year of Establishment 2009
Campus Size 60 acres
Students Intake 185 (MBA)
MBA Fees INR 17,50,000
NIRF Ranking 2023 24
Number of Courses 15
Total Faculty 62
Scholarship  Not available
Highest Package (2023) INR 67 LPA (International)
Top Recruiting Sector BFSI and IT / ITES
Top Recruiters Deloitte, Aditya Birla Group, Infosys

IIM Ranchi

IIM Ranchi Important Dates 2024

MBA/ MBA-HR/ MBA-BA
CAT 2023 Registration Starts August 02, 2023 
CAT 2023 Registration Closes September 20, 2023
CAT Admit Card Release October 25, 2023
CAT 2023 Exam November 26, 2023
Last date for CAP Application  January 22, 2024 (Tentative)
CAP PI Week 1 February 13 - 18, 2023 (Tentative)
CAP PI Week 2 February 20 - 25, 2024 (Tentative)
CAP PI Week 3 February 27 - March 4, 2024 (Tentative)
Submission of Confirmation of Interest March, 2024 (Tentative)
Final Admission Offer May 10, 2024 (Tentative)
SAT May 2023 Registration Deadline May 4, 2024 (Tentative)
SAT May 2023 Exam May 6, 2024 (Tentative)
SAT June 2023 Exam June 3, 2024 (Tentative)
Session Commencement  July, 2024 (Tentative)
Read More
IPM
IPMAT Registration April 2024 (Tentative)
IPMAT Admit Card Available June 18 - July 2, 2024 (Tentative)
IPMAT Exam 2023 June 16, 2024 (Tentative)
IPMAT Exam 2023 Result July 20, 2024 (Tentative)
IPM PI New Delhi July 17, 2024 (Tentative)
IPM PI Hyderabad July 19, 2024 (Tentative)
IPM PI Bangalore July 21, 2024 (Tentative)
IPM PI Mumbai July 23, 2024 (Tentative)
IPM PI Ranchi July 25, 2024 (Tentative)
Read More

IIM Ranchi Fees

IIM Ranchi MBA fees is INR 17.2 Lakhs which is comparatively lower as compared to other IIMs and top B-Schools in the country.

Courses Fees
MBA/ MBA-HR/ MBA-BA INR 17,50,000 (2-years)
EMBA INR 12,50,000 (2-years)
IPM INR 16,00,000 (for first 3 years)

IIM Ranchi Courses 

IIM Ranchi offers around 15+ courses in various areas of management.  The details about the major courses offered by IIM Ranchi are mentioned below:

Courses Program Details
MBA/ MBA-HR/ MBA-BA

Intake: 185 (MBA)

Eligibility: Bachelor’s degree with 60% marks

Selection Criteria: CAT + Personal Interview

EMBA

Eligibility: Bachelor's degree + 5 years of Work Experience.

Selection Criteria: Interview 

IPM

Eligibility: 10+2 with 60% marks

Selection Criteria: IPMAT + Personal Interview

Check: IIM Ranchi Courses and Fees
 

IIM Ranchi Admission 2024

The following table represents the IIM Ranchi MBA step by step admisison process for the 2024-26 batch:

Admission Stage Description 
Application Process Interested candidates will have to fill out the CAT application form and apply to IIM Ranchi in the same form.
CAT Exam The applicants will have to appear for the CAT Exam.
Shortlist for PI The applicants will be shortlisted for PI based on the CAT cut-off.
PI Process through CAP The personal interview would be conducted virtually through CAP.
Final Selection  The final selection of the candidates will be done based on the CAT score, PI score, and profile of the candidate. 

IIM Ranchi Results

The following data represents the admission stats for the MBA batch of 2022-24:

Particulars General EWS NC-OBC SC ST PWD
Students who selected IIM Ranchi in CAT Application 100716 6105 28417 11802 3033 665
No. of Candidates shortlisted for Interview Round 8998 1869 5493 3232 1064 223
No. of Students with Final Offer 2210 349 1161 751 329 138

Check: IIM Ranchi detailed Admission Process

IIM Ranchi Admission Stories

Name Graduation Score Work Experience CAT Percentile
IIM Ranchi Admission Story Pragati Verma 80.5 Fresher 85.5%
IIM Ranchi Admission Story Kaushal Verma 6.61 Jagaran Microfin, 2 Years - Seeking Funds from Banks and FIs. 90.17%

IIM Ranchi Cut-off 2024

IIM Ranchi cut-off is 92 percentile overall and 70 percentile for sectional. IIM Ranchi shortlisted the candidates for the PI, solely based on the CAT performance. The CAT cut-off for IIM Ranchi for all the categories is mentioned below:

Category Overall  QA DILR VARC
General 92 70 70 70
EWS 70 40 40 40
NC-OBC 74 45 45 45
SC 54 35 35 35
ST 40 32.5 32 25
DAP 40 32.5 32 25

The following table represents the Category wise minimum cutoff at which final offers were made to the 2022-24 batch:

Category Minimum CAT Percentile
General 98.76
EWS 90.26
NC - OBC 88.41%
SC 83.66
ST 65.38
PWD 51.25

Check: IIM Ranchi Cut-off
 

IIM Ranchi Placements 2023

IIM Ranchi placements 2023 has been concluded and 399 students receiving job offers from 124 recruiters. IIM Ranchi highest package offered was INR 67 LPA. Highest number of offers were made in the BFSI sector.

Particulars Placement Statistics 2023
Number of Recruiters 124
Highest CTC INR 67 LPA
Average CTC INR 17.3 LPA
Median CTC INR 16.5 LPA
Top Recruiting Sector BFSI (17.7% 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 59.36 LPA INR 15.11 LPA

IIM Ranchi Recruitment

Recruitment (Sector) CTC Range
BFSI INR 13 - 28 LPA
Consulting INR 11 - 42 LPA
FMCG INR 16 - 20 LPA
Automobile INR 10.5 - 18 LPA
IT INR 11 - 32 LPA
General Management INR 13 - 67 LPA
Others INR 12 - 21 LPA

Check: IIM Ranchi detailed Placement Report

IIM Ranchi Ranking 

IIM Ranchi has been ranked 24th  by NIRF 2023 among the top management institutes in India. The following table represents the different rankings of IIM Ranchi:

Ranking Body Year Category Rank
NIRF 2023 Management 24
IIRF 2023 Best Govt. B-School 19

Check: IIM Ranchi Ranking

IIM Ranchi Vs IIM Rohtak Vs IIM Raipur

Particulars IIM Ranchi IIM Rohtak IIM Raipur
NIRF 2023 Ranking 24 12 1
Established Year 2009 2009 2010
Campus Area 60 acres 200 acres 200 acres
MBA Batch Size 185 237 252
Admission Process CAT + PI  CAT + PI CAT + PI
CAT Cut-off 92 percentile overall 95 percentile overall 92 percentile overall
MBA Fees INR 17,50,000 INR 17,90,000 INR 16,10,960
Curriculum  Minimum 110.5 credits and maximum 119.5 credits for two years  22.25 credits in the first year and 50.25 credits in the second year. -
Highest CTC  INR 67 LPA INR 36 LPA INR 67.60 LPA
Average CTC  INR 17.3 LPA INR 18.73 LPA INR 21.04 LPA

Life at IIM Ranchi 

Life at IIM Ranchi is busy and hectic with lectures, assignments, presentations, and projects. The IIM Ranchi students stay at the Khelgaon Housing complex and they used to attend classes at Suchna Bhawan which was about 30 minutes away. But in 2021, IIM Ranchi started to shift slowly to its permanent campus, which is in Dhurwa. 

The hostel campus is situated away from the city in a peaceful location. The students are allotted individual rooms with attached bathrooms. The campus also has a cafeteria and snacks bar that stays open all night. Students can enroll themselves in the Khelgaon sports complex, to use all the sports facilities. IIM Ranchi hostel fees is around INR 2.46 Lakhs.

Check Detailed Life at IIM Ranchi

IIM Ranchi FAQs

Ques. What is the fee for IIM Ranchi

Ans. IIM Ranchi MBA fee is INR 17,50,000 for 2 years which includes all the charges like the tuition fees, hostel fees, acceptance fees, caution deposit, and alumni fees.

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

Ans. IIM Ranchi CAT cut-off for admission into an MBA program is 92 percentile. The cut-off is the same for MBA-HR and MBA-BA.

Ques. How are the placements in IIM Ranchi?

Ans. In the 2023 placement drive, the highest package witnessed was INR 67 LPA. The average CTC in 2022 placement was INR 16.17 LPA and the highest CTC was INR 32.21 LPA.

Ques. Is IIM Ranchi good for PGHRM?

Ans. IIM Ranchi had 29 recruiters for MBA in HR with the highest offer being 32.21 LPA, also IIM Ranchi is mostly known for its HR Course

Ques. What are the courses taught at IIM Ranchi?

Ans. IIM Ranchi offers around 15+ courses that include MBA, Integrated MBA, Executive MBA, PhD, Executive PhD, and certificate courses.

Ques. How is the hostel life in IIM Ranchi?

Ans. The hostel campus is situated away from the city in a peaceful location. The students are allotted individual rooms with attached bathrooms. The campus has a cafeteria and snack bar that stay open all night. Students can enroll themselves in the Khelgaon sports complex, to use all the sports facilities.

Ques. What is the average salary after IIM Ranchi?

Ans. The average salary of IIM Ranchi in the 2023 placement drive was INR 17.3 LPA.

Ques. Can I join IIM Ranchi after 12th?

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

Ques. Can I join IIM Ranchi without CAT?

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

Ques. What is the NIRF ranking for IIM Ranchi?

Ans. For MBA the NIRF 2023 ranking for IIM Ranchi is 24th  in India out of 100 management institutes. 

Ques. What was the highest offered at IIM Ranchi?

Ans. The highest salary offered last year in 2022 at IIM Ranchi was 32.21 LPA and in 2023 the highest international offer was INR 67 LPA.

Ques. How is IIM Ranchi for MBA?

Ans. IIM Ranchi is among the best for MBA. It holds a national rank of 24 on NIRF 2023 among 100 colleges. Also, they had 100% placements in 2022 with the highest package offered to be 32.21 LPA.

Ques. Can I choose to live in private accommodation rather than institution-provided hostels?

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

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

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

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

Ans. Yes, IIM Ranchi does have an International Exchange program. It has a tie-up with institutions like Ural Federal University(Russia), Woosong University(Korea), Alba Graduate Business School(Greece), and many others.

Ques. Does IIM Ranchi have doctoral programs?

Ans. Yes, IIM Ranchi does have doctoral programs, with specializations in:- 

  • Accounting & Finance
  • Economics
  • General Management -Business Law, Business Ethics, Regulatory Environment & Business Communication 
  • Information Systems & Business Analytics
  • Marketing Management
  • Organizational Behavior & Human Resource Management
  • Operations Management
  • Strategic Management

Ques. Does IIM Ranchi have an executive MBA program?

Ans. Yes, IIM Ranchi does have an executive MBA program for applicants having a minimum of 5 years of full-time work/professional/entrepreneurial experience.

Ques. What are the fees for an executive MBA at IIM Ranchi?

Ans. The fee for IIM Ranchi Executive MBA is INR 12,50,000 for 2 years.

Ques. Does IIM Ranchi offer an undergraduate program as well?

Ans. Yes, IIM Ranchi does offer an undergraduate program though it is a blended 5-year integrated MBA and at the end of the program the student will be awarded an MBA degree.

Ques. Does IIM Ranchi has clubs and committees?

Ans. Yes, there are many clubs in IIM Ranchi, some of them are

  • E-Cell Club
  • Ellipsis, the Literary club
  • Conundrum, the consulting club
  • DIGITALYTICS Club
  • Finopsis Club
  • HR Club
  • Marquess Club
  • Polynomics
  • Samarpan Club
  • Sankriya Club

Ques. What is the fee structure for IPM at IIM Ranchi?

Ans. The IPM program charges INR 16,00,000 for the first 3 years of the program and in the last two years, the students have to pay the MBA fees which are INR 17,50,000.

Ques. What are the reviews of the PGPHR Program at IIM Ranchi?

Ans. IIM Ranchi is one of the newer IIMs set up in the year 2009 and since then has continuously moved up in terms of ranking and placements. The PGDHRM program especially has gained immense popularity over the last few years. It ranks in the top 6 HR programs in India as per many ranking agencies like NIRF.

Ques. Can I get admission to IIM Ranchi if I clear the CAT cut-off?

Ans. No, meeting just the cutoff does not guarantee admission to IIM Ranchi. Aspirants must also clear the WAT and GD PI rounds for admission.

Ques. What is the cut-off for IIM Ranchi IPM?

Ans. IIM Ranchi has not released the minimum cutoff requirement for the IPM program. However, the expected cutoff for IPM admission via IPMAT is 265/300.

Ques. Is SAT necessary for admission into the IPM program at IIM Ranchi?

Ans. SAT was considered by IIM Ranchi for IPM admission, but from 2023 admissions the SAT scores won’t be considered. Only IPMAT scores will be considered for IPM admission.

Ques. What is the ROI of IIM Ranchi?

Ans.  IIM Ranchi MBA fees is INR 17.5 Lakhs whereas the average CTC for the batch 2023 stood at INR 17.3 LPA. So the ROI is not so positive.

Ques. Do 10th and 12th marks matter for admission into IIM Ranchi?

Ans. Yes, 10th and 12th marks are necessary for getting shortlisted in IIM Ranchi. The 10th and 12th scores are considered to prepare the final merit list for MBA.

Ques. Does PhD students of IIM Ranchi receive stipend?

Ans. Yes, the PhD students at IIM Ranchi receive stipend of INR 30,000 for the first 2 years and INR 35,000 after qualifying the comprehensive examination at the end of the second year.

Ques. Is it easy to get into IIM Ranchi?

Ans. As per IIM Ranchi cutoff 2022, candidates belonging to the General category are needed to secure 92 overall percentile and for EWS and NC-OBC category, the overall IIM Ranchi cutoffs are 70 and 74 respectively. For the Scheduled caste category, the sectional cutoff is 35 percentile and overall is 54.

Ques. Who can apply to PhD program at IIM Ranchi?

Ans. Anyone who fulfill the following eligibility criteria are eligible to apply for PhD at IIM Ranchi:

  • Master’s degree or Postgraduate diploma with first class 
  • 4-year Bachelor’s degree with 6.5 CGPA
  • B.Com with CA/ ICWA/ CS certification with 55% marks

Ques. What financial support does IIM Ranchi provide to its PhD students?

Ans. IIM Ranchi provides financial assistance for 4 years, which includes the following:

  • The tuition fee for the PhD students is waived off for the entire program. 
  • The accommodations are free at the campus.
  • They get a stipend of INR 30,000 for first 2 years and the stipend increases to INR 35,000 after qualifying the comprehensive examination at the end of the second year.
  • Then there is contingency allowance of INR 1,00,000 and INR 50,000 for purchase of computer and software.
  • Conference Grant for first four years and Financial support in presenting papers in 4 Domestic and 1 International Conference.

Ques. What is CPGM Program at IIM Ranchi?

Ans. CPGM is a certificate course in General Management, that can be pursued by anyone who holds a bachelor’s degree and 2 years of work experience.

Ques, What is the fee structure of IIM ranchi MBA program?

Ans. The total fee for the MBA program is NR 17,50,000 which includes the following charges:

  • Acceptance fee - INR 1,10,000
  • Tution Fee - INR 14,90,000
  • Hostel Charges - INR 1,20,000
  • Caution Deposit - INR 20,000
  • Alumni Fee - INR 10,000

Ques. Is IIM Ranchi Worth Joining?

Ans.Academics, Projects and Placements: It has a plethora of courses to offer to the students every year. The college offers live project opportunities to the students which provide them real-time experience and apply what they have learned to real-world scenarios and work within real constraints of resources, people factors and other organizational constraints.

Faculty: IIM Ranchi has a unique portfolio of faculty model that accommodates a mix of accomplished resident faculty and visiting faculty from top b-schools like IIM A, IIM C and FMS.

Ques. Ques. What are the hostel charges at IIM Ranchi?

Ans. Hostel charges of INR 1.2 Lakhs which is 20,000 per term is charged from students.