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Ranchi, Jharkhand

Indian Institute of Management Ranchi (IIM Ranchi)

by REEYA SINGH 353 July 3, 2024

The Indian Institute of Management Ranchi (IIM Ranchi) is a highly esteemed management institution located in the vibrant city of Ranchi, Jharkhand. Established in 2009, IIM Ranchi has rapidly gained recognition for its academic excellence and impressive placement records. The institute offers a two-year MBA program that is designed to provide students with a comprehensive education in management, covering various aspects of business and leadership.

IIM Ranchi's state-of-the-art infrastructure, experienced faculty, and diverse student body create an ideal learning environment that fosters academic excellence, innovation, and collaboration. The institute's strong industry connections and commitment to experiential learning ensure that students are well-prepared to excel in their chosen careers.

College Highlights:

ParticularsDetails
Establishment Year2009
CampusesRanchi, Jharkhand
Rankings (2023)24th by NIRF (Management); 7th by Outlook (MBA- Government); 19th by IIRF (MBA)
Courses OfferedMBA, MBA-HR, MBA-BA, Executive MBA
Exams AcceptedCAT
Highest PackageINR 37.8 LPA
Official Websitehttps://iimranchi.ac.in/

Courses Offered:

In addition to the flagship MBA program, IIM Ranchi also offers specialized MBA programs in Human Resource Management and Business Analytics, which were introduced in 2021. These programs are tailored to meet the growing demands of the industry and provide students with specialized skills and knowledge in their chosen areas of interest.

MBA

The Indian Institute of Management Ranchi offers a Master of Business Administration (MBA) degree through its Postgraduate Programme in Management, integrating theoretical and practical learning across various management areas. The program develops essential skills such as communication, leadership, interpersonal relationships, and networking, crucial for success in today's competitive business world. With an annual intake of around 250 students, admission requires a minimum of 50% in undergraduate studies, with the selection process based solely on CAT scores. Admission is made through the Common Admissions Process (CAP). The total program fees amount to INR 17.2 lakh (excluding Caution Deposit, Alumni Fee & Mess Expense).

MBA-HR

IIM Ranchi offers a two-year, full-time Master of Business Administration in Human Resource Management (MBA-HRM) program that aims to develop ethical and responsible HR professionals who prioritize both organizational and societal well-being. The curriculum includes a balanced mix of integrated core courses that provide a comprehensive view of HR practices. Students are required to complete an eight-week summer internship between their first and second year, and can also pursue in-depth study of specific topics under the guidance of a faculty member. Admission requires a minimum of 50% in undergraduate studies, with selection based solely on CAT scores. Admission is made through the Common Admissions Process (CAP). The total program fees amount to INR 17.2 lakh (excluding Caution Deposit, Alumni Fee & Mess Expense).

MBA-BA

IIM Ranchi offers a Master of Business Administration in Business Analytics (MBA-BA) aiming to equip students with data science skills to solve real-world problems. It provides in-depth knowledge of analytical tools and methods to identify patterns, gain insights, and make sound business decisions. The goal is to prepare students for leading roles in the field of analytics. The first year includes common courses with the regular postgraduate management program and core courses in analytics. The second year offers specialized electives and a summer internship project. Admission requires a minimum of 50% in undergraduate studies, with selection based solely on CAT scores. Admission is made through the Common Admissions Process (CAP). The total program fees amount to INR 17.2 lakh (excluding Caution Deposit, Alumni Fee & Mess Expense).

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Exams Accepted:

The admissions process for the Postgraduate program in management at IIM Ranchi is highly competitive and selective, with only the most qualified candidates being accepted. IIM Ranchi only accepts Common Admission Test (CAT) test scores and the further admission process is based on the Common Admissions Process (CAP), which is a rigorous evaluation of each candidate's academic and professional background, as well as their performance in the CAT.

Candidates must have a valid CAT score, which is used as one of the key factors in the selection process.

Fees:

IIM Ranchi offers a diverse selection of courses tailored to suit the needs of various individuals. From comprehensive management programs to global MBA exposure, IIM Ranchi prioritizes flexibility and relevance in its offerings.

ProgramFees
MBAINR 17.2 lakhs
MBA-HRINR 17.2 lakhs
MBA-BAINR 17.2 lakhs

Note: This amount excludes caution deposit, alumni fee, and mess expenses.

The institute provides 25 merit-based scholarships worth ₹1 crore each year to support high-achieving students, with additional consideration given to students with disabilities and those from SC/ST backgrounds.

Notable Alumni

IIM Ranchi boasts a distinguished alumni network, consisting of accomplished leaders from various industries. Here are some notable alumni who have emerged from IIM Ranchi's corridors.

NameRoleCompany
Anamika RoyGlobal TA Partner – Digital Engineering and ITAECOM
Snigdh JhaSenior ConsultantEY
Astha BansalRelationship ManagerICICI Bank
Shalini SathapathyBrand ManagerCavinKare
Sathvir SinghBusiness LeadAllsec Technologies Limited

FAQs

  • What is the seat intake at IIM Ranchi?
    IIM Ranchi offers its flagship MBA program with 250 seats available for aspiring students. This highly competitive program is designed to provide education in business management, with a focus on developing leadership skills, critical thinking, and a global perspective.
  • Does IIM Ranchi conducts its own interview?
    The admission/selection process at IIM Ranchi is through the Common Admissions Process (CAP). It does not conduct its own interviews.
  • What is the application form fees for IIM Ranchi?
    Registration process for IIM Ranchi is through the CAT form. Candidates do not need to fill a separate form for IIM Ranchi. The cost of CAT Form is INR 2400.
  • What is the average package offered at IIM Ranchi?
    During IIM Ranchi's MBA placements in 2024, the maximum salary package offered was INR 37.8 LPA, with the average package being INR 18.69 LPA.
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