IIM Ranchi Cutoff 2023, Placements, Ranking, Courses Offered, Fee Structure
IIM Ranchi, established in 2009, is the 9th IIM and initially received mentorship from IIM Calcutta. It is currently ranked 24th by the NIRF in 2023.
Anil Solonki9 Feb, 2024
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IIM Ranchi , established in 2009, is the 9th IIM and initially received mentorship from IIM Calcutta. It is currently ranked 24th by the NIRF in 2023. IIM Ranchi is renowned for its flagship MBA program, which admits students based on their CAT scores. The CAT cutoff for IIM Ranchi is set at 92 percentile (overall). Additionally, IIM Ranchi is distinguished for offering both Flagship MBA and IPM programs, with admissions to these programs being based on CAT, SAT, and IPMAT scores.
The MBA fees at IIM Ranchi amount to INR 17.5 lakhs, and for the 2023 batch, the average package was INR 17.3 LPA, while the highest package reached INR 67 LPA. IIM Ranchi offers various management programs, including MBA, MBA HRM (Human Resource Management), and PhD programs. Notably, it is the sole IIM that provides a full-time MBA program focused on Human Resource Management. For admissions to MBA, MBA HRM, and MBA Business Analytics, IIM Ranchi considers CAT scores.IIM Ranchi Overview
Indian Institute of Management Ranchi, founded in 2009 and overseen by the Indian government's Ministry of Human Resource Development, is situated on a 90-acre campus. In the 2023 NIRF ranking for management institutions, it earned the 24th spot. Additionally, in 2017, IIM Ranchi was granted the designation of an "institute of national importance" under the Indian Institutes of Management Act. Check this table for more details:| 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 Admissions 2024
The admission process for the Indian Institute of Management (IIM) Ranchi for the year 2024 has commenced. Aspiring candidates who wish to enroll in IIM Ranchi's flagship MBA program in General Management are required to participate in the CAT 2023 (Common Admission Test) examination. Aside from the MBA in General Management, IIM Ranchi is also well-known for its Integrated Programme in Management (IPM), a comprehensive five-year program that combines BBA and MBA degrees.
| 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) |
| 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) |
IIM Ranchi Admission Process 2023
The admission process for IIM Ranchi in 2024 encompasses a range of undergraduate, postgraduate, and doctoral programs. For the MBA program at IIM Ranchi, selection is contingent upon the candidate's CAT 2023 exam percentile and the final CAT cutoff set by the institution. Aspirants who meet IIM Ranchi's final CAT 2023 cutoff for MBA admissions will receive invitations for personal interviews. Notably, the qualifying CAT cutoff for CAT 2022 was 92 percentile for the general category, with an estimated increase to 93 percentile for CAT 2023. It's essential to acknowledge that the final cutoff is typically higher than the qualifying cutoff. IIM Ranchi's MBA admissions rely on several components with the following weightage:| Component | Weightage |
| CAT Score | 40% |
| PI Score | 30% |
| Profile | 30% |
| Total | 100 % |
IIM Ranchi Placements 2023
The placement results for IIM Ranchi in 2023 revealed a 100% placement rate, with 124 prominent recruiters participating in the placement process, extending job offers to 399 students. IIM Ranchi secured the highest international package at INR 67 LPA, with an average package of INR 17.3 LPA, and a median package of INR 16.5 LPA. Notably, MBA - HR and MBA - BA students from IIM Ranchi achieved the highest packages of INR 32.2 LPA and INR 22.3 LPA, respectively. The MBA - HR batch, comprising 69 students, secured offers from 29 top recruiters, while the MBA - BA batch, with 35 students, received offers from 25 recruiters. Furthermore, the Summer Internship Placements report for 2024 at IIM Ranchi has been released. The highest stipend offered reached INR 3 Lakhs per month, with an average stipend of INR 1.15 lakhs for the MBA batch, INR 1.23 Lakhs for the MBA HR batch, and INR 96.895 K for the MBA BA batch. Check the table below for more details:| Particulars | Placements Statistics (2021-23) | Placements Statistics (2020-22) |
| Number of Recruiters | 124 | 77 |
| Number of PPOs | 76 | - |
| Number of Students | 399 | 253 |
| Highest Package (International) | INR 67 LPA | - |
| Highest Package (Domestic) | INR 35.5 LPA | INR 32.21 LPA |
| Average Package | INR 17.3 LPA | INR 16.17 LPA |
| Median Package | INR 16.5 LPA | INR 15.50 LPA |
| Top 10% Average Salary | INR 30 LPA | INR 25.16 LPA |
| Top 25% Average Salary | INR 24 LPA | INR 22.02 LPA |
| Top Recruiters | Microsoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&T | Google, Dell, Deloitte, Amazon, Wipro, Cognizant, Capgemini |
IIM Ranchi Placements 2023 Sector Wise Analysis
Tolaram Group extended the highest package of INR 67 LPA at IIM Ranchi. The 2023 placement drive at IIM Ranchi witnessed participation from a total of 59 companies. Below is the sector-wise breakdown for the batch of 2023 at IIM Ranchi:| 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 |
| IIM Ranchi BFSI Sector Placements 2023 | |
| American Express | INR 22 LPA |
| Angel One | INR 18-20 LPA |
| Axis Bank | INR 14-15 LPA |
| Bandhan Bank | INR 14 LPA |
| Citibank | INR 18 LPA |
| Crisil | INR 13-15 LPA |
| EXL | INR 28 LPA |
| HDFC Bank | INR 13 LPA |
| HSBC | INR 16 - 18 LPA |
| ICICI Prudential | INR 14 LPA |
| JPMC | INR 14 - 27 LPA |
| Juspay | INR 22 LPA |
| Nomura | INR 18 LPA |
| Oxane | INR 17 LPA |
| State Street | INR 20 LPA |
| Wells Fargo | INR 24 LPA |
| Yes Bank | INR 19-24 LPA |
| IIM Ranchi Consulting Sector Placements 2023 | |
| Accenture | INR 22 - 42 LPA |
| BCG | INR 18 LPA |
| Capgemini | INR 12 - 13 LPA |
| Cognizant | INR 13.25 - 18 LPA |
| Deloitte | INR 13 - 14 LPA |
| EY | INR 11 - 13 LPA |
| Genpact | INR 12-15 LPA |
| LEK | INR 18 - 20 LPA |
| Mckinsey & Company | INR 16 LPA |
| Positive Moves | INR 15 - 17 LPA |
| ZS Associates | INR 21 LPA |
| IIM Ranchi FMCG Sector Placements 2023 | |
| Asian Paints | INR 16 LPA |
| Bajaj Electricals Ltd | INR 16 LPA |
| Carlsberg Group | INR 18-20 LPA |
| DFM Foods Ltd | INR 20 LPA |
| Emami | INR 18 LPA |
| Godrej Consumer Products | INR 17-20 LPA |
| IIM Ranchi Automobile Sector Placements 2023 | |
| BMW | INR 18 LPA |
| Hero | INR 10.5 LPA |
| Maruti Suzuki | INR 14 - 16 LPA |
| TVS | INR 15 LPA |
| IIM Ranchi IT Sector Placements 2023 | |
| 09 Solutions | INR 15 LPA |
| Amazon | INR 15 - 18 LPA |
| Comviva | INR 13 - 16 LPA |
| Elasticrun | INR 15 LPA |
| Falabella | INR 17 - 32 LPA |
| HCL Tech | INR 11-13 LPA |
| Infosys | INR 16 - 20 LPA |
| Latentview | INR 18 LPA |
| Microsoft | NA |
| IIM Ranchi General Management Placements 2023 | |
| Adani | INR 21-23 LPA |
| Aditya Birla Group | INR 15-18 LPA |
| Airtel | INR 13 LPA |
| DCM Shriram | INR 17 LPA |
| Tolaram | INR 67 LPA |
| IIM Ranchi Other Sector Placements 2023 | |
| IHX | INR 16 LPA |
| L&T | INR 12-14 LPA |
| Sony Pictures | INR 18 - 20 LPA |
| TATA Steel | INR 20-21 LPA |
| The Times Group | INR 15 LPA |
| Ultra Tech Cement | INR 13-14 LPA |
| Vedanta | INR 20-21 LPA |
Also Read:
| IIM Rohtak | IIM Amritsar |
| IIM Tiruchirappalli | IIM Rohtak Cutoff |
| IIM Sirmaur | IIM Visakhapatnam |
| IIM Bodh Gaya | IIM Raipur |
IIM Ranchi Cutoff 2023
The CAT cutoff for getting into IIM Ranchi in 2024 will likely be higher than the minimum qualifying score. Remember, IIMs look at both individual section scores and the overall score. IIM Ranchi has a specific CAT score requirement, the cutoff, for candidates applying to their MBA programs. Candidates need to meet this cutoff to be considered for the selection process at IIM Ranchi. For the academic year 2023-25, the cutoff percentile for the general category at IIM Ranchi in 2023 is 92 percentile. Check the table for more details:| 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 |
| Category | Minimum CAT Percentile |
| General | 98.76 |
| EWS | 90.26 |
| NC - OBC | 88.41% |
| SC | 83.66 |
| ST | 65.38 |
| PWD | 51.25 |
IIM Ranchi Courses Offered, Fee Structure, and Eligibility Criteria 2023
IIM Ranchi has programs for postgraduate and doctoral studies. IIM Ranchi offers various courses, including some that combine different subjects. For instance, they have MBA, MBA with a focus on Human Resources, Integrated Programme in Management (IPM), Executive MBA, and a PhD program. IPM is their newest course. The college offers both full-time and part-time courses, and the fees for each course are different. Check the table below for more details:| Courses | Total Fees | Eligibility Criteria |
| MBA | Rs 17,50,000 | Class12: 60 % Graduation: 50-60 % Exam: CAT |
| MBA HR | ||
| MBA BA | ||
| IPM | Rs 15,93,000 | Class 10 and Class 12: 60% |
| Executive MBA | Rs 12,50,000 | Graduation with work minimum five years of work experience |
| PhD | Rs 7,00,000 | Master’s degree or Post Graduate Diploma/ B.Tech/ CA/ ICWA/ CS |
| Executive PhD | Rs 6,50,000 | Master’s degree or Post Graduate Diploma/ B.Tech/ CA/ ICWA/ CS |
IIM Ranchi Fees 2023
The Indian Institute of Management Ranchi is set to announce the fee details for the MBA and MBA HR programs for the 2023 batch. In accordance with the admission criteria of IIM Ranchi, candidates will be chosen based on their CAT 2022 scores along with other factors. The admitted students for the academic years 2023-2025 must pay IIM Ranchi fees. For the expected fee structure of the IIM Ranchi batch for 2023-2025, it is anticipated to be Rs. 17,50,000, as it was in the previous year, for both the PGP and PGP HRM programs. The fee arrangement for IIM Ranchi can be divided into six installments according to the specified terms. These include tuition fees, hostel expenses, acceptance fees, alumni activities, and associated costs. IIM Ranchi is expected to provide more than 200 seats for the upcoming PGP batch. Check the table below for a detailed breakdown of the fees:| Particulars | Term 1 | Term 2 | Term 3 | Term 4 | Term 5 | Term 6 | Total |
| Admission fee | 1,00,000 | - | - | - | - | - | 1,00,000 |
| Tuition | 1,65,000 | 2,65,000 | 2,65,000 | 2,65,000 | 2,65,000 | 2,65,000 | 14,90,000 |
| Hostel Charges | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 1,20,000 |
| Caution Deposit | 20,000 | 20,000 | |||||
| Alumni Fee | 10,000 | - | - | - | - | - | 10,000 |
| Total | 3,25,000 | 2,85,000 | 2,85,000 | 2,85,000 | 2,85,000 | 2,85,000 | 17,50,000 |
IIM Ranchi Rankings 2023
IIM Ranchi has achieved the 24th position in the NIRF 2023 rankings, which assess and rank the premier management institutes in India. Below is a table displaying the various rankings obtained by IIM Ranchi:| Ranking Body | Year | Category | Rank |
| NIRF | 2023 | Management | 24 |
| IIRF | 2023 | Best Govt. B-School | 19 |
IIM Ranchi Campus and Facilities 2023
The institution offers various amenities to enhance the campus experience for both students and staff. Among the prominent facilities available at IIM Ranchi are accommodations, communal spaces, a library, IT resources, an auditorium, fitness facilities, and more. Separate hostels for male and female students are provided, each equipped with daily essentials and Wi-Fi access. The IIM Ranchi library is fully automated and boasts an extensive collection of books, e-books, journals, and theses. Additional amenities include Wi-Fi connectivity, a medical room, well-appointed classrooms, sports facilities, and more. Detailed information about the facilities at the Indian Institute of Management Ranchi is provided below.
IIM Ranchi FAQs
What is the tuition cost at IIM Ranchi?
The fee for the MBA program at IIM Ranchi is INR 17,50,000 for a duration of 2 years, encompassing various charges such as tuition fees, hostel fees, acceptance fees, caution deposit, and alumni fees.
What CAT percentile is needed for admission to IIM Ranchi?
To secure admission to the MBA program at IIM Ranchi, a CAT percentile of 92 is required. This criterion applies to both MBA-HR and MBA-BA programs.
How do placements fare at IIM Ranchi?
The highest package offered in the 2023 placement drive reached INR 67 LPA. The average CTC for the 2022 placements stood at INR 16.17 LPA, with the highest CTC being INR 32.21 LPA.
Is IIM Ranchi a suitable choice for PGHRM?
IIM Ranchi boasts 29 recruiters for its MBA in HR program, with the highest offer being 32.21 LPA. Moreover, IIM Ranchi is renowned for its HR Course.
What are the programs available at IIM Ranchi?
IIM Ranchi provides a diverse range of courses, including MBA, Integrated MBA, Executive MBA, PhD, Executive PhD, and certificate courses, offering more than 15 different options.
How is the hostel experience at IIM Ranchi?
The hostel campus is located in a tranquil area, away from the city. Students are assigned individual rooms with attached bathrooms. Additionally, the campus features a cafeteria and a snack bar open throughout the night. Students also have the option to enroll at the Khelgaon sports complex, which provides access to various sports facilities.
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