Indian Institute of Management Ranchi (IIM) Ranchi

Teri College Delhi

Indian Institute of Management Ranchi (IIM) Ranchi

In Ranchi, Jharkhand, India, there is a public business school called the Indian Institute of Management Ranchi (IIM Ranchi, IIM-R). Under the 11th Five-Year Plan, IIM Ranchi was founded in Ranchi on December 15, 2009, and classes started there on July 6, 2010.

The institute provides a variety of management courses, including 5-year Integrated Programmes in Management (IPM BBA+MBA), Post-Doc Fellowship Programs, Doctorates in Business Administration and Management (PhD), Masters in Business Administration (MBA), and Executive MBA Programs.

The institute provides a variety of management courses, including 5-year Integrated Programmes in Management (IPM BBA+MBA), Post-Doc Fellowship Programs, Doctorates in Business Administration and Management (PhD), Masters in Business Administration (MBA), and Executive MBA Programs.

Six new IIMs were to be established, as per the 11th Five-Year Plan, which was approved by the National Development Council in December 2007.

Like all other IIMs, the Indian Institute of Management Ranchi is an independent organization that reports to the Indian government’s Ministry of Human Resources Development. The institute is permitted to select its own faculties members and develop its program. The government is considering increasing the autonomy of IIMs by allowing them to choose the director and the chairman of the board of directors, Union Minister Kapil Sibal stated in April 2011.

Indian Institute of Management Ranchi is one of the 6 new IIMS that the Union Cabinet approved on 27th Aug 2009. The institute’s first director was M. J. Xavier.

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Highlights

Year of establishment 2009
Campus size (Permanent campus under construction) 90.14 acres
Ranking 2023 24 – NIRF (Management)
Type of courses PG, Doctoral, and Certificate
Admission Criteria CAT / GATE / GRE / GMAT and NET-JRF (UGC/CSIR)
No. of courses 10+
No. of international partnerships 12

Important Dates

Dates Upcoming Events
Aug ’24 – Sep ’24 CAT 2024 registration (Tentative)
Oct ’24 – Nov ’24 CAT 2024 admit card download (Tentative)
24 Nov ’24 CAT 2024 exam
Dec ’24 CAT 2024 result announcement (Tentative)

Courses and Fees

Courses Tuition Fees Eligibility
MBA/PGDM
(4 courses)
15.5 L – 16.1 L 10+2: 60%
Graduation: 50%
Exams: CAT / IPMAT + 1 More
Executive MBA/PGDM
(1 course)
6.5 L Graduation: 50%

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Admission 2024

If you’re aiming to join the Indian Institute of Management Ranchi in 2024, here’s what you need to know. The admission process is in full swing, and it’s time to get ready!

For MBA in General Management:
CAT 2023: To get into the flagship MBA program at the Indian Institute of Management Ranchi, you must appear for the CAT 2023. Your CAT score is the key to moving forward in the admission process.

For IPM (Integrated Programme in Management):
IPMAT: This 5-year integrated BBA+MBA program requires clearing the IPMAT exam.

For EMBA and PhD Programs:
Admissions are based on national-level entrance tests and interviews.

IIM Ranchi is known for academic excellence and holistic development. Prepare well and take the next step toward your management career.

Particulars IIM Ranchi Admission Highlights 2024
Mode of study Full-Time / Residential / Courses for Working Professionals
Courses Offered 5+ courses across multiple specializations
Admission status 2024 Applications Open
How to apply? https://iimcat.ac.in
Level of courses offered PG | Doctoral | Diploma | Certificate
Popular courses MBA, Executive MBA

Eligibility & Selection at Indian Institute of Management Ranchi

Courses Eligibility Criteria Selection Criteria
MBA Bachelor’s Degree with 50% aggregate (45% for SC/ST) CAT + Personal Interview
Executive MBA Bachelor’s Degree with 50% aggregate + 5 years work experience Personal Interview
IPM Class 12: 60% | Class 10: 60% IPMAT

IIM Ranchi Fees 2024

Course Name One-Time Fee Tuition Fee
MBA INR 140,000 INR 15.5 lakh – INR 16.1 lakh
BBA INR 20,000 INR 15.48 lakh
Certificate NA INR 80,000
Executive MBA/PGDM INR 20,000 INR 6.5 lakh

IIM Ranchi Seats 2024

Course Name Seat Intake
MBA 370

FAQs – IIM Ranchi, Udaipur & Others

Get clear answers to commonly asked questions about choosing between IIM Ranchi, IIM Udaipur, XLRI, MDI, IIFT, and NMIMS.

Which option—IIM Ranchi or IIM Udaipur—would be the greatest in the present?
IIM Udaipur performs better in international rankings such as QS, FT, and NIRF (research), which makes it promising for the future. However, IIM Ranchi currently performs better in placements. All three new IIMs—Udaipur, Ranchi, and Trichy—are strong, so the choice depends on priorities.
Which IIM—Ranchi, Rohtak, Raipur, or Udaipur—should I choose? Then why?
IIM Ranchi is considered the better choice among Rohtak, Raipur, and Udaipur because of its more established reputation, stronger placements, experienced faculty, and better overall campus environment.
Why should I pick IIM Ranchi’s HR program over XLRI?
XLRI is the oldest and most reputed HR institute in India, established in 1958. It attracts top recruiters and consistently ranks among the best. However, IIM Ranchi’s HR program is now a strong competitor, offering excellent placements and a robust curriculum. Still, XLRI holds an edge due to its legacy, alumni base, and premium brand.
Which of the New IIMs (Ranchi, Raipur, etc.), MDI, IIFT Kolkata, and IIT-B (SJMSOM) with a focus on finance would be a better choice?
MDI Gurgaon and IIFT Kolkata are the best for finance among these. MDI saw strong BFSI placements (22% in 2022) with finance packages in the 21–23 LPA range. IIFT Kolkata offers finance opportunities similar to IIFT Delhi, with BFSI being one of the top recruiting sectors.
What should I prioritize between IIFT Delhi, NMIMS Mumbai, and the new IIMs (IIM Ranchi/Trichy), given my interest in finance and 2.5+ years of IT experience?
NMIMS Mumbai has strong finance placements due to its Mumbai location, but competition is high, and finance roles often prefer commerce backgrounds. IIFT Delhi is excellent for finance, especially for non-commerce students, due to its trade-economics curriculum. New IIMs are good, but IIFT Delhi and NMIMS generally offer stronger finance opportunities.

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