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IIM Ranchi Placements 2024 records highest CTC of INR 37.8 LPA

Discover the highest CTC of INR 37.8 LPA at IIM Ranchi placements 2024, with top recruiters in FMCG, Automobile, IT, General Management, and BFSI sectors.
authorImageShivani Kumari23 Jul, 2024
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IIM Ranchi Placements 2024 records highest CTC of INR 37.8 LPA

IIM Ranchi Placements 2024: IIM Ranchi , a prestigious institution, is well-known for its outstanding track record in placing students in top companies and its strong connections with various industries. The Corporate Relations Team plays an important role in fostering partnerships with leading corporations, government agencies, and international firms, ensuring that students have access to lucrative career opportunities.

The institute's dedication to improving compensation packages and broadening its network of recruiters has consistently resulted in successful final placements and summer internship opportunities for its students.

IIM Ranchi Placements 2024 records highest CTC of INR 37.8 LPA

The Indian Institute of Management Ranchi (IIM Ranchi) recently concluded its final placement for the class of 2022-24 and the summer placement season for the class of 2023-25. The campus recruitment program witnessed significant participation from leading companies across various sectors for the MBA, MBA-Human Resource (HR), and MBA-Business Analytics (BA) batches of 2022-24.
  • Notably, the flagship MBA program attracted 76 companies, achieving an average CTC package of 18.69 Lakhs per annum (LPA).
  • Similarly, the MBA-Human Resource Management batch saw interest from 33 companies, with an average CTC of 18.36 LPA and a notable increase in pre-placement offers (PPOs).
  • The MBA-Business Analytics program also experienced strong industry engagement, with 28 companies participating and an average CTC increase of 16.5%.

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Additionally, the summer placements saw participation from 85 reputed companies, providing internship opportunities to MBA students, with an average stipend offered at 1.25 Lacs per month. These outcomes underscore IIM Ranchi's commitment to excellence in management education and industry connectivity.
IIM Ranchi Placements 2024 records highest CTC of INR 37.8 LPA
Program Companies Participated Average CTC (LPA) Highest CTC (LPA) Average Stipend (per month)
Flagship MBA 76 18.69 37.8 -
MBA-Human Resource (HR) 33 18.36 33.9 1.48
MBA-Business Analytics 28 19.12 34.9 1.38
Summer Placements 85 - - 1.25

Placement Statistics for Flagship MBA Programme at IIM Ranchi

A total of 76 companies took part in the placement process for the main MBA program. The average salary offered was 18.69 Lakhs per annum (LPA). Among the top 25% of students, the average salary was 24.5 Lakhs per annum, with the highest salary being 37.8 LPA.
Placement Statistics for Flagship MBA Programme at IIM Ranchi
Metric Value
Total Companies Participated 76
Average CTC Package 18.69 Lakhs per annum
Average CTC (Top 25%ile) 24.5 Lakhs per annum
Highest CTC 37.8 LPA

IIM Ranchi Placements

Placement Highlights for MBA-Human Resource Management at IIM Ranchi

For the MBA-Human Resource Management (MBA-HRM) batch, 33 top companies showed interest. They offered an average salary of 18.36 Lakhs per annum (LPA). Compared to the previous year, the batch saw a 12.6% increase in average salary and a 13.8% increase in median salary. The number of pre-placement offers (PPOs) received this year increased by 23.08%, with the highest salary being 33.9 LPA.
Placement Highlights for MBA-Human Resource Management at IIM Ranchi
Program Companies Participated Average CTC (LPA) Increase in Average CTC (%) Increase in Median CTC (%) Increase in PPOs (%) Highest CTC (LPA)
MBA-Human Resource (HRM) 33 18.36 12.6 13.8 23.08 33.9
MBA-Business Analytics 28 19.12 16.5 - - 34.9
Similarly, the MBA-Business Analytics program attracted the participation of 28 companies. The average salary for this program increased by 16.5% to reach 19.12 LPA.
  • Among the top 25% of students, the average salary increased by 36.8%, and for the top 10%, it rose by 52.8%. The highest salary offered increased by 56.56% to 34.9 LPA.

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Summer Internship Placements at IIM Ranchi

During the summer placements, 85 well-known companies offered internship opportunities to MBA students. The average stipend offered was 1.25 Lakhs per month. Specifically, for the MBA-Human Resource Management (HRM) batch, 29 prominent companies provided internships with an average stipend of 1.48 Lakhs per month. Similarly, for the MBA-Business Analytics program, the average stipend from internships offered by 38 companies was 1.38 Lakhs per month.
Summer Internship Placements at IIM Ranchi
Program Companies Participated Average Stipend (per month)
Summer Placements 85 1.25 Lakhs
MBA-Human Resource (HRM) 29 1.48 Lakhs
MBA-Business Analytics 38 1.38 Lakhs
Physics Wallah offers online coaching for the Common Admission Test (CAT) through their MBA Pioneer Pro 2024 batch . This batch includes online classes for management examinations for 2024, including CAT. Join now to enhance your preparation journey.

IIM Ranchi Placements 2024 records highest CTC FAQs

What was the highest CTC recorded during IIM Ranchi Placements 2024?

The highest CTC recorded during IIM Ranchi Placements 2024 was INR 37.8 lakh per annum.

Which sectors had the top recruiters offering the highest CTC during IIM Ranchi Placements 2024?

Top recruiters in FMCG, automobile, IT, general management, and BFSI sectors offered the highest CTC during IIM Ranchi Placements 2024.

How many companies participated in the flagship MBA program placement drive at IIM Ranchi in 2024?

A total of 76 companies participated in the flagship MBA program placement drive at IIM Ranchi in 2024.

What was the average salary package offered during IIM Ranchi Placements 2024 for the MBA-Human Resource Management (HRM) batch?

The average salary package offered during IIM Ranchi Placements 2024 for the MBA-Human Resource Management (HRM) batch was INR 18.36 lakh per annum.

How many companies provided internship opportunities during the summer placements at IIM Ranchi in 2024?

During the summer placements at IIM Ranchi in 2024, a total of 85 reputed companies provided internship opportunities to MBA students.
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