IIM Ranchi was established in 2010 under the aegis of the Ministry of Human Resources Development, Government of India. The institute has shaped talented young professionals who are contributing meaningfully in areas like e-commerce, fin-tech, consulting, ed-tech, and more.
The b-school boasts of innovative pedagogy and of global partnerships with universities in Russia, South Korea, Finland, France, the USA, etc. Academic and non-academic development is assured through global exposure, quality learning, extracurricular activities and industry-specific training.
Ranking at the 21st position in NIRF’s 2021, the institute’s placement performance reflects its consistency in providing exceptional management training and education.
With lucrative salary packages waiting at the end of completion of the course and a promise of personal growth, it becomes a top choice for students looking to advance their careers.
Here is an overview of the courses offered and their placement history.
MBAs Offered
IIM Ranchi’s three flagship programs are two-year full-time residential courses that are spread out over a course of six trimesters.
The coursework gives students theoretical insights and practical knowledge through interactions with industry experts, alumni and faculty, along with the completion of a Summer Internship Project.
The specialized courses are as follows:
- Masters in Business Administration[MBA] in General Management
- MBA in Human Resource Management (MBA-HR)
- Masters in Business Administration in Business Analytics (MBA-BA)
IIM Ranchi Placements Highlights:
With an exceptional rate of 100% placements, the institute’s placements have a history of partnerships with top recruiters.
- The placement reports of 2021 reveal that out of the 128 companies that participated in the process 97 were first-time recruiters, thereby highlighting the fact that recruiters are continuously recognizing the talent of the b-school’s graduates.
- IIM Ranchi had the highest placement CTC at ₹ 26.5 LPA, while the average was at ₹ 14.69 LPA. MBA students at the top of their class stood a higher chance of securing a higher CTC.
The sectors in which the students got placed include:
- Sales and Marketing: With companies like Airtel, Aditya Birla Capital, Godrej, Loreal, etc.
- Finance: With companies like ICICI Bank, Yes Bank, JPMC, HSBC, etc.
- HR: With companies like IBM, Byju’s, Accenture, Maruti Suzuki, etc.
- Operations/ Consulting: With companies like Deloitte, Cognizant, Tata Steel, o9 Solutions, etc.
- IT & Systems: With companies like Capegemini, Dell, BirlaSoft, Tata Elxsi, etc.
IIM Ranchi Placements for the Summer of 2022 also saw 135 companies (with 68 new recruiters).
Admissions & Cut-Offs
Admission to the MBA programs has the following structure upon the basis of which a Consolidated Merit List is prepared:
|
Component |
Weightage |
|
CAT Cut-Off Percentile |
30% |
|
Written Ability Test |
10% |
|
Personal Interview |
30% |
|
Applicant Profile |
30% |
Frequently Asked Questions:
- What is the fees structure of an MBA Program? The total program fee for the two-year full-time MBA programs for 2021-2023 is ₹16,30,000
- Can students apply for scholarships at IIM Ranchi? Scholarships are given to students performing meritoriously. It also has partnerships with banks that provide student loans at low-interest rates. Students may also avail government aid through scholarships listed on the National Scholarship Portal of the Government of India.
- Which were the top companies that visited during placements in 2021? Samsung, Deloitte, Tata Steel, Adobe, Volvo, Cisco, Burger King, Google, etc., were just a few of the top companies participating in IIM Ranchi’s Placement Drive.
- What are the various roles offered to MBA students during placements in 2021? Opportunities were offered in roles like HR Analytics, HR Consultant, Product Management, Business Analyst, Wealth Management, Corporate Banking, Brand Manager, Management Constants, etc.
