Indian Institute of Management Ranchi (IIM) Ranchi: Highlights, Important Dates, Admission, Courses & Fees, Cut off, Placements, Scholarships, Ranking, Top Recruiters, FAQS
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.
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.
MBA/PGDM ADMISSION DEADLINE !! APPLY NOW
| UBS Mumbai-Apply now | GIMS Gr.Noida-Apply now |
| IMI Kolkata- Apply now | Shanti Business School Ahmedabad-Apply now |
| ISME Bangalore-Apply now | JIMS Kalkaji-Apply now |
| ISB&M Pune-Apply now | RIIM Pune-Apply now |
| I Business Institute Gr.Noida-Apply now | IMI Bhubhaneshwar-Apply now |
| Bennett University Gr.Noida-Apply now | Dhoon B-school Dehradhun-Apply now |
Table of Contents
- Indian Institute of Management Ranchi (IIM) Ranchi: Highlights, Important Dates, Admission, Courses & Fees, Cut off, Placements, Scholarships, Ranking, Top Recruiters, FAQS
Highlights
| Particulars | Statistics |
| 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: CATIPMAT+1 More |
| Executive MBA/PGDM (1 course) | 6.5 L | Graduation: 50 % |
MBA/PGDM ADMISSION DEADLINE !! APPLY NOW
| MDI Murshidabad-Apply now | BML Munjal Gurgaon-Apply now |
| UPES Dehradun-Apply now | IIEBM Pune-Apply now |
| IIBS Bangalore-Apply now | Asian B-school Delhi-Apply now |
| FIIB Delhi-Apply now | SOIL Gurgaon-Apply now |
| ATLAS Mumbai-Apply now | ITM Navi Mumbai-Apply now |
| PRAXIS B-School Bangalore-Apply now | PIBM Pune-Apply now |
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 (Common Admission Test). Your CAT score is the key to moving forward in the admission process.
For IPM (Integrated Programme in Management):
- IPMAT: This unique 5-year course combines BBA and MBA degrees, perfect for students straight out of Class 12. To secure a spot in the IPM course, you’ll need to clear the IPMAT (Integrated Programme in Management Aptitude Test).
For EMBA and PhD Programs:
- Entrance Exams and Interviews: Admissions to the Executive MBA (EMBA) and PhD programs are based on your performance in national-level entrance exams and a personal interview. Make sure you prepare well to showcase your skills and knowledge.
IIM Ranchi is renowned not just for its flagship programs but also for its commitment to academic excellence and holistic development. If you’re looking to take your career to the next level, the Indian Institute of Management Ranchi offers a range of opportunities to help you get there. So, gear up, prepare for your exams, and take the first step toward joining one of India’s premier management institutes.
| 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 students) | CAT + Personal Interview |
| Executive MBA | Bachelor’s Degree with 50% aggregate (45% for SC/ST students) and minimum 5 years of work experience | Personal Interview |
| IPM | Class 12 with 60% aggregate / Class 10 with 60% aggregate | IPMAT |
IIM Ranchi Fees 2024
Indian Institute of Management Ranchi fees include multiple components such as tuition fees, hostel fees, etc. Find below the IIM Ranchi fee breakup:
| 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 |
Admission Process 2024 at IIM Ranchi
Step 1: IIM Ranchi Application Form 2024
- Register Online: Visit the official Indian Institute of Management Ranchi website to access the application form for 2024. Ensure you have a valid entrance test score for the specific course you’re applying to.
- Fill Out the Form: Complete the application form with all required details and submit it before the deadline.
- Application Fee: Pay the required application fee during the registration process.
- Eligibility Check: Before starting your application, make sure you meet the eligibility criteria for your chosen course.
Step 2: IIM Ranchi Selection Rounds 2024
- Shortlisting: After you successfully register, candidates are shortlisted based on their performance in the entrance exam.
- Selection Rounds: For most courses, there are multiple rounds, including personal interviews. However, for the EMBA course, there is only one round: the personal interview.
Step 3: IIM Ranchi Results 2024
- Cutoff List: Once all selection rounds are completed, a category-wise cutoff list will be posted on the official website.
- Merit List: Candidates who make it to the merit list are eligible for admission.
- Updates: Keep an eye on this page and the official website for updates on exam dates and results.
Step 4: IIM Ranchi Admission Confirmation 2024
- Notification: Selected candidates will be informed about their admission status via their registered email.
- Seat Acceptance: Confirm your seat by paying the required Seat Acceptance fee.
cutoff
IIM Ranchi Cutoff 2023 – Qualifying CAT Percentile
For those aiming for Indian Institute of Management Ranchi admission in 2024, it’s important to note that the final CAT cutoff for 2023 will be higher than the qualifying cutoff. IIMs consider both sectional and overall cutoffs for admission. For the General category, the overall CAT percentile cutoff for 2023 is set at 92. Below, you can find the sectional cutoffs for various categories:
| Category | VARC | DILR | QA | Overall Percentile |
|---|---|---|---|---|
| General | 70 | 70 | 70 | 92 |
| NC-OBC | 45 | 45 | 45 | 74 |
| EWS | 40 | 40 | 40 | 70 |
| SC | 35 | 35 | 35 | 54 |
| ST | 32.5 | 32 | 25 | 40 |
IIM Ranchi CAT Cutoff Year-Wise Comparison: 2023, 2022, 2021
For those targeting admission to the Indian Institute of Management Ranchi management courses, it’s crucial to understand the CAT cutoff trends over the years. While the exact CAT cutoff for 2023 will be accessible only to candidates through their accounts, here’s an estimated comparison of the CAT percentiles for the past few years.
Estimated CAT Cutoff Percentiles:
| Year | General Category | OBC (NCL) | SC | ST | PwD |
|---|---|---|---|---|---|
| 2023 | 92 | 74 | 54 | 40 | 40 |
| 2022 | 90 | 72 | 52 | 38 | 38 |
| 2021 | 90 | 70 | 50 | 35 | 35 |
These cutoffs give you an idea of the competitive landscape for admission to the Indian Institute of Management Ranchi. It’s important to aim for high scores not only in the overall percentile but also in sectional scores to meet the eligibility criteria for different categories.
Key Points:
- Exclusive Access: The exact CAT cutoff for 2023 will be available only to those who have appeared for the exam, accessible through their login accounts.
- Cutoff Trends: Observing the trends, the cutoff has seen slight variations over the years, reflecting the competitive nature of the admission process.
- Preparation Strategy: Focus on improving both your overall and sectional scores to ensure you meet or exceed the cutoffs for your category.
ranking
MBA/PGDM
| Ranked by | 2022 | 2023 | 2024 |
|---|---|---|---|
| Outlook | – | – | 7 |
| NIRF | 15 | 24 | – |
Scholarships
While the Indian Institute of Management Ranchi does not offer its scholarships, students have access to a wide range of scholarship schemes provided by various departments and ministries of the Government of India. Here’s how you can benefit:
National Scholarship Portal:
- Central Hub for Scholarships: The National Scholarship Portal (NSP) is your one-stop destination for all government-funded scholarships.
- Website: Visit www.scholarships.gov.in to explore available scholarships.
- Eligibility and Application: Check your eligibility and apply directly through the portal. The process is straightforward, and all the information you need is available online.
Types of Scholarships Available:
- Merit-Based Scholarships: For students with outstanding academic achievements.
- Need-Based Scholarships: For students from economically disadvantaged backgrounds.
- Category-Specific Scholarships: For students belonging to specific categories such as SC, ST, OBC, and minority communities.
- Special Scholarships: For students with disabilities, women scholars, and other specific groups.
How to Apply:
- Visit the NSP Website: Go to www.scholarships.gov.in.
- Register: Create an account and fill in the required details.
- Search for Scholarships: Use the search function to find scholarships that match your profile.
- Apply Online: Follow the application process for the scholarships you are eligible for. Make sure to submit all required documents.
Benefits:
- Financial Assistance: Helps cover tuition fees, living expenses, and other academic costs.
- Encouragement: Motivates students to excel academically and professionally.
- Support for Diversity: Promotes inclusion by supporting students from various backgrounds.
Placement Report 2024
The key highlights of Indian Institute of Management Ranchi placements over the past two years for MBA, MBA HR, and MBA BA courses are presented below:
| Particulars | MBA Placement Statistics (2023) | MBA Placement Statistics (2024) |
|---|---|---|
| Highest package | International: INR 67 LPADomestic: INR 35.5 LPA | INR 37.8 LPA |
| Average package | INR 17.30 LPA | INR 18.69 LPA |
| Median package | INR 16.50 LPA | INR 18 LPA |
| Total PPOs | 76 | 41 |
| Total recruiters | 124 | 76 |
| Particulars | MBA HR Placement Statistics (2023) | MBA HR Placement Statistics (2024) |
| Highest package | INR 32.2 LPA | INR 33.97 LPA |
| Average package | INR 16.3 LPA | INR 18.37 LPA |
| Median package | INR 16 LPA | INR 18.22 LPA |
| Total PPOs | 13 | 16 |
| Total recruiters | 29 | 33 |
| Particulars | MBA BA Placement Statistics (2023) | MBA BA Placement Statistics (2024) |
| Highest package | INR 22.3 LPA | INR 34.91 LPA |
| Average package | INR 16.40 LPA | INR 19.13 LPA |
| Median package | INR 16 LPA | INR 16.88 LPA |
| Total PPOs | 6 | 6 |
| Total recruiters | 25 | 28 |
Top Recruiters 2024
| Indian Institute of Management Ranchi Top Recruiters | |
|---|---|
| Amazon | American Express |
| Deloitte | Tata Steel |
| JP Morgan Chase & Co | Genpact |
| ICICI Bank | Berger Paints |
| Cognizant | Emami |
FAQS- FREQUENTLY ASKED QUESTIONS
Which option—IIM Ranchi or IIM Udaipur—would be the greatest in the present?
The three new IIMs, IIM Udaipur, IIM Ranchi, and IIM Trichy, are all in the top 3, so picking one over the other is typically a question of preference. As far as I’m aware, Udaipur does better when compared to other countries in rankings such as QS, FT, and NIRF in research, etc. This is quite promising for the institute’s future. The superior option in terms of placements is IIM Ranchi. The two institutes are compared in the following table.
Which IIM—Ranchi, Rohtak, Raipur, or Udaipur—should I choose? Then why?
IIM Ranchi may be the best option among IIMs like IIM Rohtak, IIM Raipur, and IIM Udaipur for several reasons. First off, despite being an IIM, IIM Ranchi is still developing its reputation and is still very new. IIM Ranchi, on the other hand, is a reputable organization with a lengthier track record that can be relied upon for its campus, professors, and placements.
Why should I pick IIM Ranchi’s HR program over XLRI?
The first institution in India to provide a specialist curriculum in human resources management was XLRI, founded in 1958. It is well-known for luring prestigious corporate enterprises to hire its students and is frequently listed as one of India’s top private business schools. A gathering place for some of the world’s top minds, XLRI has a long history of developing outstanding business executives. The XLRI campus offers a distinctive environment with a calm and green setting, excellent classmates, and a variety of extracurricular activities that help students develop their personalities and get ready for the demands of the corporate world.
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?
The best colleges for finance among these are IIFT Kolkata and MDI. The BFSI and E-Commerce industries have placement rates of 22% and 13%, respectively, according to the MDI Gurgaon placements record for 2022. 55 students from MDI were placed in the Finance sector during the 2021 placement campaign. The greatest CTC available in this industry ranged from 21 to 23 LPA.
You might also think about IIFT Kolkata. In the financial sector, it provides opportunities comparable to those of IIFT Delhi. The leading industry for hiring during the IIFT Kolkata Summer Placements 2021 was BFSI.
What should I prioritize between IIFT Delhi, NMIMS Mumbai, and the new IIMs (IIM Ranchi/Trichy) given my interest in finance and a background in IT spanning 2.5+ years?
I think the positions offered in the finance sector at NMIMS are at least on par with those at IIFT. The institute benefits significantly from its location in Mumbai. Numerous financial firms came to the university during placements.
However, there is intense competition for these places within the class, especially among those who majored in business during their undergraduate studies. Because financial institutions prefer to interview applicants with backgrounds in commerce, it might be challenging for engineers completing an MBA at NM to be shortlisted for financial employment.