IIM Ranchi has established itself as a prestigious institute in the field of management education by offering excellent academic programs and having highly respected faculty. Since its inception in 2010, IIM Ranchi has gained recognition for its dedication to providing a challenging curriculum. This commitment has resulted in its recent achievement in the NIRF rankings of 2023, where it secured the 24th position among the top 100 B-schools in India. In this article, we will explore the detailed admission criteria for the MBA program for the 2023-25 batch. We will also provide in-depth information about the fee structure, cut-off scores, and placement opportunities.
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IIM Ranchi MBA Admission Process
The admission procedure at IIM Ranchi encompasses a three-stage selection process. Now, let us delve into each stage, examining its intricacies and significance.
Stage 1 – Shortlisting for PI Process
A list of eligible candidates for the Personal Interview (PI) process for admission to the MBA (2023-25) program at IIM Ranchi will be prepared based on their CAT scores. This list will be solely determined by the CAT cut-off percentile scores mentioned in the table below.
| Category | Quantitative Aptitude(QA) | Data Interpretation & Logical Reasoning(DILR) | Verbal & Reading Comprehension (VARC) | Total Percentile(Overall) |
| General | 70 | 70 | 70 | 92 |
| EWS | 40 | 40 | 40 | 70 |
| NC-OBC | 45 | 45 | 45 | 74 |
| SC | 35 | 35 | 35 | 54 |
| ST | 32.5 | 32 | 25 | 40 |
| DAP | 32.5 | 32 | 25 | 40 |
It’s important to note that not all candidates who meet the eligibility criteria mentioned in the table will be included in the shortlist. The percentile figures provided are just rough estimates. The shortlisted candidates from all the participating IIMs will be merged together to create a single shortlist for further evaluation.
The criteria mentioned in the table will be used to rank candidates in different categories for the purpose of shortlisting. Candidates will be ranked within their respective categories to decide who will move forward in the selection process.
Stage 2: PI(Personal Interview) Process
The personal interview (PI) procedure will be conducted online, and details regarding it will be shared at an appropriate time. The specific date for the PI will be communicated to the candidates who have been shortlisted at a later stage.
Stage 3: Final Merit List
Following the conclusion of the PI process, admission offers for IIM Ranchi will be granted according to a Consolidated Merit List (CML). This list will be compiled by considering various components and their respective weights, as outlined below:
| Component | Weightage |
| CAT Score | 40% |
| PI Score | 30% |
| *Profile | 30% |
| Total | 100% |
*The profile scoring methodology for IIM Ranchi is given below.
Profile:
| Profile | Out of 30% |
| Academic Profile | 13 |
| Work Experience | 7 |
| Academic Diversity | 5 |
| Gender Diversity | 5 |
Academic Profile (13%)
The Academic Profile will be prepared based on academic performance in SSC, HSC and Graduation as mentioned by candidates in their CAT application form, details of which are given in the below table.
| As per CAT/CAP Information | >=85% | >=80% & <85% | >=75% & <85% | >70% & <75% | >65% & <70% | Less than 65% |
| SSC | 4 | 3 | 2 | 1 | 0 | 0 |
| HSC | 4 | 3 | 2 | 1 | 0 | 0 |
| Graduation | 5 | 4 | 3 | 2 | 1 | 0 |
Work Experience (7%)
| Duration of work experience | % |
| Up-to 12 Months | 0 |
| 13 to 18 Months | 5 |
| 19 to 24 Months | 6 |
| 25 to 30 Months | 7 |
| 31 to 36 Months | 4 |
| 37 to 42 Months | 3 |
| 43 to 48 Months | 1 |
| Greater than 48 Months | 0 |
Academic Diversity (5%)
| Academic Diversity at Bachelor’s degree level | % |
| If a bachelor’s degree is a Non-Engineering bachelor’s degree | 5 |
| Else | 0 |
Gender Diversity (5%):
5 marks will be awarded to female and transgender candidates only.
IIM Ranchi MBA Fee Structure
The cost of tuition for the MBA, MBA-HR, and MBA-BA programs for the batch of 2023-25 will amount to Rs. 17.20 Lakhs (excluding the caution deposit, alumni fee, and mess expense).
IIM Ranchi MBA Final Placement Report 2023
The MBA Batch of 2021-23 exceeded all predictions and secured highly desirable positions across various sectors and domains. This year showcased a remarkable 7.2% rise in the average CTC, reaching Rs. 17.3 LPA, along with a substantial 62.3% surge in the number of companies visiting the campus, reaffirming the students’ exceptional capabilities once more. The placement key highlights of the latest batch are shown below.
This is all about IIM Ranchi PGP admission criteria 2023. One can download the PGP admission policy on the official website of IIM Ranchi to check out more details.
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