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IRMA MBA Admissions 2024: Fees, Cutoff, Placements, Registration, Selection Criteria, Ranking

Anand, GujaratPrivate College

Post Graduate Diploma in Management (Rural Management)


Course Fees

Course Duration

2 Years

Total Fees

16.15 Lakhs

Detailed Fees

general
Total Fees₹ 16.15 Lakhs

Course Information

Eligibility Criteria

  • A Graduate from any discipline, with a minimum of 15 years of education and 50% or above (45% or above for SC/ST/PwD*) aggregate marks or equivalent CGPA at the graduation level is eligible to apply for IRMA’s PGDM (RM) programme.

  • The percentage of aggregate marks is to be calculated as per the practice followed by the concerned university or institution. If the university/institution does not have a scheme for converting CGPA into equivalent marks, IRMA will establish the equivalence by dividing obtained CGPA with the maximum possible CGPA and multiplying the resultant with 100.

  • Candidates in the final year of the bachelor’s degree may also apply if they would furnish evidence of meeting the minimum eligibility criteria by September 2024.

  • Final year candidates should have passed all of their graduation examinations before the start of the program (July 1, 2024). The candidates failing to meet the minimum eligibility criteria will be asked to withdraw from the programme. The Fees paid by such candidates will be forfeited unless IRMA fills their vacant seats through new admissions.

Course Details

Latest Update: CAT Result 2023 has been released. Candidates can download the scorecard from the official website by using their login ID and username. XAT Results 2024 are out. Candidates can check their results by using their XAT ID and Password over the official website.

IRMA's PGDM in Rural Management is a two-year flagship program that trains young managers to take on responsibilities and serve rural and urban communities in India. The PGDM-RM program is recognized as equivalent to a PGDM degree in Rural Management by AIU. It is also accredited by NBA and AICTE. NIRF ranked IRMA at the 54th position in 2023. IRMA is ranked Grade 'A' by NAAC. The admission is based on CAT/XAT Scores followed by WAT and PI rounds. 

In IRMA Placements 2023, the highest CTC offered was INR 26.50 LPA and the average CTC was INR 15.50 LPA. 242 students were placed with 399 offers. Some of the major recruiters included  Axis Bank, ICICI Bank, Vedanta, HDFC Bank etc.

IRMA PGDM RM Quick Facts

  • Ranking and Accreditations: IRMA is nationally accredited by AIU and AICTE. It was also awarded grade 'A' accreditation by NAAC. In NIRF 2023 ranking, IRMA was awarded 54th position. Check IRMA Ranking
  • Fee & Intake: The total fee for PGDM-RM is Rs. 15.17 lakh and the program has a total intake of 215 students. Check IRMA Fee Structure
  • Admission Process: IRMA shortlists candidates on the basis of CAT and XAT scores. The shortlisted candidates are further required to appear for WAT and PI. 
  • IRMA Admission Criteria 2024: The revised selection process for PGDM (RM) will not include the IRMA Social Aptitude Test (IRMA SAT) for the year 2024, the college wil conduct WAT and Personal Interview (PI). This year Group Activity (GA) will not be a part of the selection process. In the final selection process, Online Personal Interview will now carry 30% weightage.
  • IRMA Merit-based Scholarship: IRMA gives 20 merit-based scholarships worth Rs. 1.17 crore for the students of PGDM(RM). 10 of these scholarships would be given to female students exclusively. The scholarship will be based on the overall selection merit of IRMA’s admissions process in the first year while in the second year, it’ll be awarded on the basis of the academic performance or the CGPA of the first year.
  • Placements 2023: The highest salary package offered was INR 26.50 LPA & the average salary stood at INR 15.50 LPA. 242 students were placed with 399 offers.

Check here IRMA Reviews

IRMA PGDM 2024 Important Dates

PGDM Event Dates
Last date for receipt of completed applications January 8, 2024
Personal Interviews at all centers February 19 - 24, 2024
Announcement of Final results Fourth week of March 2024
The last date for depositing the acceptance form with an initial fee of INR 1,00,000 Within 4 working days after the announcement of the final results
The last date for depositing the remaining first-year fees Withing 7 working days after the announcement of the final results

IRMA PGDM-RM Intake

There are three programs offered by IRMA, the flagship program of IRMA is PGDM(RM) which has a total intake of 215. 

IRMA PGDM RM Fees

S. No.  Component  Total fee
1 Tuition fee 11,74,990
2 Other Services & Charges and Deposits 3,42,110
Total  - 15,17,100

IRMA PGDM- RM Eligibility Criteria

  • A Graduate from any discipline, with a minimum of 15 years of education and 50% or above (45% or above for SC/ST/Person with Disability) aggregate marks or equivalent CGPA at the graduation level is eligible to apply for IRMA’s PGDM (RM) 2024 program.
  • The percentage of aggregate marks is to be calculated as per the practice followed by the concerned university or institution. If the university/institution does not have a scheme for converting CGPA into equivalent marks, IRMA will establish the equivalence by dividing obtained CGPA with the maximum possible CGPA and multiplying the resultant with 100.
  • Candidates in the final year of the bachelor’s degree may also apply if they would furnish evidence of meeting the minimum eligibility criteria by September 2024.

IRMA PGDM RM Admission Criteria 2024

IRMA admission process consists of three stages that are mentioned below 

Stage I: Preliminary Round

To clear this round, the candidate must score the minimum required percentile in CAT 2023/XAT 2024. All the candidates must also register and apply online for admission to IRMA to be eligible for the admission process.

Stage 2: WAT & PI Round

At stage 2, IRMA Admission Process consist of Written Ability Test (WAT) and Personal Interview (PI). IRMA PGDM RM WAT will be a paper-pen  based test of 30 minutes. Candidates need to write around 200-300 words around the given topic and upload the scanned copy of the same using their login credentials (As provided by IRMA Anand).  After WAT shortlisted candidates need to appear for Personal Inteview. PI will be conducted in both online and offline format, where candidate can choose a suitable mode of interaction. Instructions for the same will be provided to the selected candidates.

Offline PI will be conducted on 5 centres i.e 

  1. Anand
  2. Bangalore
  3. Delhi
  4. Guwahati
  5. Kolkata

Check IRMA Admission

IRMA PGDM RM Cutoff 2024 (Expected)

Category  CAT 2023 Cut-off XAT 2024 Cut-off
Unreserved category 80-85 (Merit-Based) 75-80 (Profile-Based) 80-85 (Merit-Based) 75-80 (Profile-Based)
Diversity 60 60
SC 45 45
ST 45 45
Others 45 45

IRMA PGDM(RM) Components of Final Merit List

Components  Weightage 
CAT or XAT Score 35
Personal Interview score 35
WAT 5
Academic Profile 5
Gender Diversity 3.5
Regional Diversity 5
Sports Diversity 1.5
Academic Pedigree (Students from NIRF TOp Ranking Institutions) 3%
Work Experience 5%
The score of Experiece will be allocated as per the following standards
Experience in Month Score (Maximum - 5 Marks)
<=6 0
7 to 12 1
13 to 18 2
19 to 24 3
25 to 30 4
31 to 36 5
37 to 42 4
43 to 48 3

Check IRMA Cutoff Details

IRMA PGDM (RM) Placements 2023

IRMA PGDM (RM) Placements 2023 has been concluded with 100% placements. The highest package stood at INR 26.50 LPA & the average package stood at INR 15.50 LPA. 249 students were placed with 399 offers. The highlights of IRMA Anand PGDM (RM) Placements 2023 is tabulated below:

Particulars Placement Statistics 2023
Number of Recruiters 49
Number of Students 242
Number of Offers 399
Number of PPOs Offered / Accepted 41 / 36
Highest Salary INR 26.50 LPA
Average Salary INR 15.50 LPA
Median Salary INR 15 LPA
Top Recruiters ICICI Bank, Vedanta, HDFC Bank, Axis Bank, Reliance Retail etc

IRMA PGDM (RM) Summer Internship Placements 2024

During IRMA Anand Summer Internship Placements 2024, 269 students participated. Top recruiters like Wipro, Amul, ICICI Bank, Zomato, Vedanta, TVS etc visited the campus. The major highlights of IRMA  Anand Summer Internship Placements are mentioned below:   

  • Number of Recruiters : 69
  • Number of students participated : 269
  • Highest stipend : INR 2.40 Lakhs per month
  • Top 10 percentile average stipend : INR 1.58 Lakhs per month
  • Top 25 percentile average stipend : INR 1.15 Lakhs per month
  • Median stipend : INR 50 K per month
  • Mean stipend : INR 62.70 K per month

Check here IRMA Detailed Placements

IRMA Scholarship

IRMA provides financial assistance to some deserving candidates in the form of scholarships and different schemes. The following scholarships are provided by IRMA:

  • IRMA Merit-based Scholarship: IRMA has offered to provide 20 merit-based scholarships which are worth 1.17 crore for the cure batch i.e. 2021-2023 of its flagship Post Graduate Diploma in Management (Rural management) or PGDM (RM). Out of the 20 scholarships, 10 are exclusively reserved for female candidates. The scholarship will be based on the overall selection merit of IRMA’s admissions process in the first year while in the second year, it’ll be awarded on the basis of the academic performance or the CGPA of the first year.
  • Mirae Asset Foundation Scholarship: This scholarship is given to two deserving candidates, each year, from the PGDM (RM) programme.
  • IDFC FIRST Bank Flagship PGDM Scholarship: This scholarship is given for the entirety of the PGDM (RM) programme to some of the deserving candidates.
  • SC/ST Scholarships: These scholarships are allocated by the Ministry of Social Justice and Empowerment, Government of India and mainly given to 4 deserving candidates belonging to the scheduled caste and five candidates belonging to the scheduled tribe category. It covers the entire costs of everything including fees, non-refundable charges, lodging and boarding expenses, and cost of books, stationery, and personal computer.
  • Tuition Fee Waiver: Apart from the scholarships, IRMA also offers tuition fee waiver on the basis of your family income and your academic performance.

Check IRMA Scholarship Details

IRMA Batch Profile

The below table represents the batch profile of 2021-23 batch:

Particulars Statistics
Batch PGDM (RM) 2021-23
Male Students 71%
Female Students 29%

The PGDM (RM) batch 2021-23 comprised of 71% male students & 29% female students.

IRMA Anand Batch Profile 2023

The below table represents the educational background of the batch:

Educational background Percentage of Students
Agriculture & Allied 42%
Engineering 29%
Food & Dairy Tech 12%
Commerce & Management 7%
Basic Science 3%
Others 7%

IRMA PGDM Course Details

The PGDM-RM programme by IRMA is comprised of 6 classroom segments that follow a pedagogy which includes courses that revolve around case analysis, simulations, experiential exercises, project presentations, writing papers and guest lectures, apart from an extensive use of audio-visual aids during regular classes in this segment.

Major courses undertaken by the students during these terms are: Microeconomics, Macroeconomic Perspectives, Understanding Organizations, Production and Operations Management. Implementation-oriented courses from all functional areas of Management including Operations Management, Human Resource Management, Financial Management, and Marketing Management, equip students with distinct skills, allowing them to evolve from observers to analyzers.

The classroom segment in the first year comprises three terms, each having 12 credits. The courses in the first year cover the basics in Management and Rural context. All the courses in the first year are compulsory. Term I coversThe first year comprises 3 terms (term I, II, III). Each of these terms have 12 credits each. The first year focuses on the basics of Management and Rural context. Every course in the first year is compulsory for all candidates. Term I covers the foundation and contextual courses in Rural Management. Term II and Term III have courses that teach the different functional areas of Rural Management.

The second year is divided into 3 terms (terms IV, V, VI). These three terms consist of 10 credits each. Term V and VI have elective courses for students to choose from. The elective courses are further divided into two groups namely Rural Development Management and Rural Enterprise Management. These groups have application based subjects like Sales & Distribution Management, Applied Econometrics for Rural Management, Brand Management, Monitoring and Evaluation for Development Interventions, International Trade, ICT for Development, Promoting Rural Enterprises and Entrepreneurship, Dairy Development, B2B Sales, Introduction to Game Theory, Panorama of Digital Marketing, Supply Chain Management, Corporate Social Responsibility among others.

IRMA Alumni and Popular Start-ups

  • Kevin Parekh: Co-founder of Proeon and an alumnus of the 32nd batch (20is -2013) PGDM (RM) programme at IIRM.
  • Kamaldeep Singh: Alumnus of the 20th batch, worked with Reliance Retail and Wrigley India, former president of Food and FMCG Business at Big Bazaar and currently appointed as the CEO of Big Bazaar.
  • Dr. K K Upadhyay: Alumnus of the first batch (1980-82), currently appointed as the professor and chairperson of the centre for Sustainability and CSR at Birla Institute of Management Technology (BIMTECH).
  • Jose J Kattoor: alumnus of the 5th batch, currently appointed as the Executive Director of Reserve Bank of India (RBI).
  • Nitin Malik And Mohit Saini: alumnus of the 32nd batch, founders of the start-up called resonance lab which focuses on providing clean, affordable and reliable energy to rural communities in India.
  • Puneet Gupta: alumnus of the 20th batch and co-founder of Kaleidofin which provides financial solutions to customers in the underbanked segments.
  • Hitesh Jain: founder of the venture StoryMirror which recently won the B2B Content Campaign of the Year- Gold award at the 9th India Digital Awards by IAMAI.

IRMA PI Tips

  • Introspect: Ask yourself questions like why you want to pursue what you want to pursue. How are these institutions going to help you fulfill your career prospects? Ask yourself about your strengths and weaknesses. 
  • Know about your hobbies: It is possible that your interviewee might ask you a lot of personal questions. Keep a mind map ready about the things you have mentioned in your CV and explain them properly. 
  • Read newspaper articles: Read major current events that are happening around the world as they can be asked in the GD. 
  • Revise: Revise common mistakes that you've made in the past and be aware of them on the day of the exam. 
  • Know about your subject: Having the knowledge related to your subject is a must. You should go through all the projects and assignments that you've covered in your major. 
  • Work experience: Have an apt idea about the companies you have worked for and what your experience was with them. Under no circumstances should you badmouth them. 

Check: IRMA Faculty

IRMA PGDM FAQs

Ques. Does final year students can apply for PGDRM (2024-2026) at IRMA PGDM?

Ans. Yes, applicants can apply in the final year of their graduation to fulfill all the graduation requirements and criteria before the program begins.

Ques. Is there any age limit to apply for PGDM (RM-X) program at IRMA PGDM?

Ans. There is no age limit to apply for PGDM (RM-X) program.

Ques. What is the statistic of annual salaries received by the last three PGDRM batches at IRMA PGDM?

Ans.

PGDM RM Batch Maximum Salary (LPA) Median salary
2021-23 INR 26.50 LPA INR 15.50 LPA
2020-22 INR 26.50 LPA INR 14.33 LPA
2019-21 INR 19 LPA INR 10.10 LPA
2018-20 INR 52 LPA INR 10.78 LPA

Ques. Does IRMA have reservations for OBC students?

Ans. Following are the reservations for different categories: 

  • 15% of the seats are reserved for SC 
  • 7.5% of the seats are reserved for ST 
  • 27% of the seats to be reserved for OBC

Fee Structure:- For Indian Students:-

Tuition Fee: Rs. 11,74,990/- for two years, Other Services & Charges and Deposits: Rs. 3,42,110/- for two years. 

Note:- Boarding and personal expenses will be over and above the mentioned fee. Currently, the average monthly expenses of the mess are around Rs. 4,500/-. You are also required to pay Rs. 3,000/- towards Participants Activity Fund in the IRMA Participant Mess at the time of joining. Rs. 4500/- will be charged towards Convocation Fee and Convocation Dress charges separately during the last classroom term. There may be an upward revision on account of the actual cost going up.


Placement

Highest Placement₹ 26.5 Lakhs
Average Placement₹ 15.5 Lakhs
Top Companies

IRMA Admission 2024 Dates

Important Events

EventDate

College Ranking

Ranking of Institute of Rural Management - [IRMA]



Answered Questions

Institute of Rural Management - [IRMA]: 10 answered questions

Ques
I've got two options, TAPMI PGDM and IRMA PRM. What should I choose?

● Top Answer By Alka Singh on 09 Mar 23

Ans
When deciding on an MBA program, it's important to consider your interests and career goals. If you have an inclination towards rural management, then IRMA would be an excellent choice for you. On the other hand, if you're looking for a general MBA degree and specific profiles post-MBA, then TAPMI may be the better option. If rural management is your area of interest, then IRMA should be at the top of your list. IRMA has a strong reputation for its rural management program and provides excellent opportunities for students interested in the field. On the other hand, if you're looking for a broader MBA degree and want to explore different profiles, then TAPMI may be a better fit. When it comes to post-MBA profiles, TAPMI provides a variety of specializations to choose from, including finance, marketing, human resources, and operations. This means that you can choose a specialization that aligns with your interests and career goals. Additionally, TAPMI has a strong reputation in the industry and attracts many top recruiters, which can enhance your job opportunities post-MBA. Ultimately, the decision between IRMA and TAPMI will depend on your individual interests and career aspirations. Make sure to research each program thoroughly and weigh the pros and cons of each before making a final decision.
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Ques
Which is better between IRMA and the new IIMs (Rohtak, Udaipur, Trichy, Raipur)?

● Top Answer By Firdausi Faruqui on 31 Jul 21

Ans
I have friends from IRMA and the new IIMs. Here are some factors about the institutes that I learned through them. It can be helpful in deciding which institute is better for you. IRMA is more focused on development positions, such as rural and agribusiness marketing. Even the financial firms that visit the campus offer Non-financial roles. So, if you wish to work as a business consultant for real estate firms or as an investment banker, you should probably avoid IRMA and go do general management from any new IIM that will provide you with a bigger responsibility in the future. IRMA is a specialty school. It's fantastic if you enjoy the unique "Rural" part and In front of IRMA, new IIMs don't stand a chance. To summarise, this isn't even worth getting mixed up about. The fact that you're confused indicates that you are not sure about Rural. So, do not attend IRMA if You're still not sure. Join a general PGDM program at IIM Rohtak, for instance. Colleges of general management give you a year to work on a specialization. This option will be better for you if you are not sure about your niche.
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Ques
Which is better, IIM Sambalpur or IRMA Anand?

● Top Answer By Saswata Mukherjee on 29 Aug 22

Ans
For general management, IIM Sambalpur is better. Although it is a new IIM, it offers better visibility and networking opportunities to students. The IIM brand name is well-recognized in the industry. IIM Sambalpur placements have been good over the last few years. During 2022 placement drive, the average and highest CTC offered to the students were INR 41 LPA and INR 12.34 LPA. Deloitte India, SBI Life, E&Y, ZS Associates, etc. are among the major recruiters that took part in the placement drive. Choose IRMA over IIM Sambalpur, only if you are interested in rural management.  
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Ques
What is a better choice for PGDBM IRMA or NIBM?

● Top Answer By Akanksha Jain on 29 Oct 20

Ans
National Institute of Bank Management (NIBM) is among India's reputed business schools well known for Finance and Banking whereas the Institute of Rural Management Anand (IRMA) is a Premier Business School especially known for Rural Management. IRMA has bagged a NIRF Rank of 72 and NIBM has been ranked 88th in the top B-Schools list. It has been ranked 8th among top colleges of Hyderabad by The Week and Business Today. The table given below shows a brief overview of both institutions: Particulars IRMA NIBM Rank 72 88 Fees 13 Lakhs 1.2Lakhs Highest Package 52 LPA 18LPA Average Package 10.80LPA 10LPA Placement Percentage 100% 100% Admission Process NIBM: The fee structure for the entire duration of 2 years is INR 12,00,000, involving hostel and mess charges. The seat intake is around 120 seats. Online Application Mode. CAT,XAT(80%),CMAT(95%) exams are accepted here. Followed by writing tests and interviews. IRMA Admissions in ISBR is based on the ISBR written performance, Group Discussions, and Interview.  IRBM costs 4LPA for MBA/ PGDM. Infrastructure NIBM: The campus is centrally air-conditioned and speeds wi-fi service. Cultural festivals are conducted every year. Poses Auditorium, IT equipped laboratories and digital library. Girl's Residentials are fully furnished with strong security 24*7. IRMA The campus is equipped with state-of-the-art facilities like lecture halls, seminar rooms, a library, an auditorium, Supports formal training and development center, hostels, a student activity center, faculty & staff housing, a dispensary, etc. Placements NIBM NIBM assures 100% placement. The highest package calculated is around INR 18 LPA INR 10 LPA is the estimated average package in NIBM. Axis Bank, Deloitte, Federal Bank, State Bank of India, HDFC Bank are some of the prominent recruiters of NIBM. IRMA IRMA's highest package records to be INR 13 LPA. INR 5.9 LPA is estimated to be the average package. The placement rate was measured to be 80%. The placement range of both the institutes is pretty the same. With respect to Brand Value, IRMA has an edge over NIBM. But many people lack interest in Rural Management. Hence the choice is up to you and your area of interest.
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Ques
Which is the better option, IRMA or SCMHRD?

● Top Answer By Parag Upadhyay on 16 Mar 23

Ans
When choosing between different management programs, it is important to consider your interests and career aspirations. If you are interested in exploring the field of rural management, IRMA may be a great fit for you instead of SCMHRD. While IRMA does not offer a specific specialization, it does provide a range of electives that can help you develop skills and knowledge in areas that interest you. One of the unique aspects of IRMA is its emphasis on rural management. The program is designed to provide students with a deep understanding of the challenges and opportunities of managing organizations in rural areas. This includes exposure to issues such as agriculture, rural development, social entrepreneurship, and community development. While IRMA does not offer a formal specialization in HR, the program does cover a wide range of topics related to human resource management. This includes courses on leadership, organizational behavior, and employee relations. Students can also choose electives in areas such as talent management, performance appraisal, and compensation. Ultimately, the choice between different management programs will depend on your individual interests and goals. It is important to research and compare programs based on factors such as curriculum, faculty, industry connections, and career prospects. By choosing a program that aligns with your interests and provides the right skills and knowledge, you can set yourself up for a fulfilling and successful career.
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