Master of Business Administration [MBA]
Course Fees
Course Duration
2 YearsTotal Fees
17.2 LakhsDetailed Fees
| Total Fees | ₹ 17.2 Lakhs |
Course Information
Course Description
Latest Update: IIM Ranchi MBA admission 2024 will start soon. Admit Card will be released on November 7, 2023, and the exam is scheduled for November 26, 2023
IIM Ranchi MBA (Master of Business Administration) is a 2-year, Full-time Flagship Program. Candidates with a Bachelor’s Degree and Valid Scores in CAT are eligible to apply for the Flagship Program.
IIM Ranchi MBA batch size for 2023 is approximately 250+. IIM Ranchi MBA fees is INR 17,50,000. IIM Ranchi MBA CAT cutoff is 92 Percentile (Overall) and 70 Percentile (Sectional).
Table of Content
IIM Ranchi MBA Important Dates 2024
| MBA / MBA-HR / MBA-BA | |
|---|---|
| CAT 2023 Registration Starts | August 02, 2023 |
| CAT 2023 Registration Closes | September 20, 2023 |
| CAT 2023 Admit Card Release | November 7, 2023 |
| CAT 2023 Exam | November 26, 2023 |
| Last date for CAP Application | January 22, 2024 (Tentative) |
| CAP PI Week 1 | February 13 - 18, 2023 (Tentative) |
| CAP PI Week 2 | February 20 - 25, 2024 (Tentative) |
| CAP PI Week 3 | February 27 - March 4, 2024 (Tentative) |
| Submission of Confirmation of Interest | March, 2024 |
| Final Admission Offer | May 10, 2024 (Tentative) |
| Session Commencement | July, 2024 |
IIM Ranchi MBA Selection Criteria
- Bachelor’s Degree with a Minimum of 50% marks.
- 45% Marks for SC / ST / DAP Category.
- Students in their Final Year of Graduation can also apply.
- Valid CAT Scores.
IIM Ranchi MBA Admission Process
IIM Ranchi MBA Admission is based on Common Admission Process (CAP). The process consists of 2 steps, they are as follows:
Step 1: Initial Shortlisting for PI Process
Candidates are shortlisted based on their valid CAT Scores for PI Process under CAP.
Step 2: PI Process
Shortlisted Candidates are required to appear for Personal Interview (PI) under CAP for Final Selection.
After the completion of the PI process, admission offers would be made based on a Consolidated Merit List (CML), which will be prepared based on the following components and their weights:
| Components | Weightage |
|---|---|
| CAT 2023 Score | 40 |
| Personal Interview Score | 30 |
| Profile | 30 |
| Total | 100 |
Profile is calculated based on:
| Components | Weightage (Out of 30 Marks) |
|---|---|
| Academic Profile | 13 |
| Work Experience | 7 |
| Academic Diversity | 5 |
| Gender Diversity | 5 |
Academic Profile is calculated based on:
| As per CAT / CAP Information | SSC | HSC | Graduation |
|---|---|---|---|
| >=85% | 4 | 4 | 5 |
| >=80% & < 85% | 3 | 3 | 4 |
| >=75% & < 80% | 2 | 2 | 3 |
| >=70% & <75% | 1 | 1 | 2 |
| >=65% & <70% | 0 | 0 | 1 |
| Less than 65% | 0 | 0 | 0 |
Work Experience is calculated based on:
| Months | Marks |
|---|---|
| Up to 12 Months | 0 |
| 13 - 18 Months | 5 |
| 19 - 24 Months | 6 |
| 25 - 30 Months | 7 |
| 31 - 36 Months | 4 |
| 37 - 42 Months | 3 |
| 43 - 48 Months | 1 |
| Greater than 48 Months | 0 |
Academic Diversity is calculated based on:
| Academic Diversity at Bachelor’s Degree Level | Marks |
|---|---|
| If Bachelor’s Degree is a Non-Engineering Bachelor’s Degree | 5 |
| Else | 0 |
IIM Ranchi MBA Placements 2023
IIM Ranchi MBA Placements 2023 recorded the highest package of INR 67 LPA whereas IIM Ranchi average package stood at INR 17.3 LPA. A total of 124 recruiters participated in the placement drive. More highlights of IIM Ranchi MBA Placements 2023 are mentioned below:
| Particulars | Placements Statistics (2021-23) |
|---|---|
| Number of Recruiters | 124 |
| Number of PPOs | 76 |
| Number of Students | 399 |
| Highest Package (International) | INR 67 LPA |
| Highest Package (Domestic) | INR 35.5 LPA |
| Average Package | INR 17.3 LPA |
| Median Package | INR 16.5 LPA |
| Top 10% Average Salary | INR 30 LPA |
| Top 25% Average Salary | INR 24 LPA |
| Top Recruiters | Microsoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&T |
IIM Ranchi MBA Summer Internship Placements 2024
IIM Ranchi Summer Internship Placements 2023 Course - wise details is tabulated below:
| Particulars | MBA | MBA - HR | MBA - BA |
|---|---|---|---|
| Number of Recruiters | 93 | 31 | 26 |
| Number of Students | 221 | 69 | 48 |
| Highest Stipend | INR 3 Lakhs | INR 3 Lakhs | INR 2.80 Lakhs |
| Average Stipend | INR 1.15 Lakhs | INR 1.23 Lakhs | INR 96.89 K |
| Median Stipend | INR 1 Lakh | INR 1 Lakh | INR 70 K |
| Top 10% Average Stipend | INR 2.19 Lakhs | INR 2.70 Lakhs | INR 2.25 Lakhs |
| Top 25% Average Stipend | INR 1.92 Lakhs | INR 2.22 Lakhs | INR 1.71 Lakhs |
Check IIM Ranchi Placements
IIM Ranchi MBA Ranking
| Ranking Bodies | Year | Category |
|---|---|---|
| National Institutional Ranking Framework (NIRF) | 2023 | 24th in Management |
| Indian Institutional Ranking Framework (IIRF) | 2023 | 19th in Management (Govt.) |
Read More IIM Ranchi Ranking
IIM Ranchi Vs IIM Rohtak Vs SIBM Pune
| Institute Name | IIM Ranchi | IIM Rohtak | SIBM Pune |
|---|---|---|---|
| Fees | INR 17,50,000 | INR 17,90,000 | INR 24,59,000 |
| Highest CTC | INR 67 LPA | INR 36 LPA | INR 35.05 LPA |
| Average CTC | INR 17.3 LPA | INR 18.73 LPA | INR 26.77 LPA |
| NIRF Ranking 2023 | 24 | 12 | 17 |
IIM Ranchi MBA FAQs
Ques. What are the Specializations offered in the MBA Program at IIM Ranchi?
Ans. Marketing Management, Accounting & Finance, Economics, Information Systems, Operations Management, Organizational Behaviour & Human Resource Management and Strategic Management Specializations are offered in the MBA Program at IIM Ranchi.
Ques. How many Recruiters visited IIM Ranchi for MBA 2022?
Ans. A total of 124 Recruiters visited IIM Ranchi for the MBA Placement Drive of 2023.
Ques. What is the Expected CAT Cutoff for MBA Admission?
Ans. The Expected CAT Cutoff for MBA Admission is 92 for General Candidates. 70 for EWS, 74 for NC - OBC, and 54 for SC Candidates. The Expected Cutoff is 40 for ST & DAP Candidates.
Ques. Does IIM Ranchi provide Hostel Accommodation to MBA Students?
Ans. Yes, IIM Ranchi provides Hostel Accommodation to MBA Students. IIM Ranchi has Hostel Facilities for its Students with Separate Blocks for Girls & Boys.
Ques. How many Partner Institutions are there for the Student Exchange program at IIM Ranchi?
Ans. There are various Partner Institutions for the Student Exchange program at IIM Ranchi, they are:
- Alba Graduate Business School, Greece
- The American Business School of Paris
- Asian Institute of Technology, Thailand
- Audencia Nantes School of Management, France
- EMLYON Business School, France
- National Chengchi University, College of Commerce, Taiwan
- Purdue University, USA
- Turiba University, Latvia
- Ural Federal University, Russia
- Woosong University, South Korea
- University of Vaasa, Finland
- Athens University of Economics and Business, Greece
Ques. When does IIM Ranchi prepare its final shortlist for admission to its flagship MBA Program?
Ans. IIM Ranchi prepares Consolidated Merit List (CML) after the PI process is conducted for the shortlisted candidates. The final shortlist is prepared based on 3 components' weightage including CAT Score, PI score and Profile Score.
Ques. What is the weightage of PI and CAT scores in the IIM Ranchi MBA selection process?
Ans. In the IIM Ranchi Final MBA selection process, the Personal Interview holds 30% weightage and the CAT score holds 40% weightage in the overall composite score.
Ques. Will work experience improve my chances of getting selected for IIM Ranchi?
Ans. Yes, having good work experience can improve your chances of getting admission to the IIM Ranchi MBA course significantly. IIM Ranchi gives 30% of the overall weightage to a candidate's profile in the final composite score.
Ques. What is the Overall CAT cutoff for the IIM Ranchi MBA program?
Ans. A general category student must have scored a minimum overall 92 percentile and a sectional percentile of 70 in each section to be eligible to get shortlisted for the PI round.
Ques. How does IIM Ranchi calculate composite scores?
Ans. The composite score is calculated based on the academic profile, work experience, gender diversity, academic diversity and the scaled CAT score of a candidate.
Ques. How will I know that I have been selected for IIM Ranchi?
Ans. After the completion of the PI process, admission offers for IIM Ranchi would be made based on a Consolidated Merit List (CML) which will be prepared based on the CAT score, Profile and PI score. Candidates who will be selected for IIM Ranchi final. MBA Admission will receive an email from the institute. They will have to confirm their admission by sending an acceptance letter and offering an acceptance fee.
Course Details
Total Fees
₹ 17,20,000Number of Seats-
Mode of TeachingOn Campus
Total Fees
₹ 17,20,000Number of Seats-
Mode of TeachingOn Campus
Total Fees
₹ 17,20,000Number of Seats-
Mode of TeachingOn Campus
Placement
| Highest Placement | ₹ 37.8 Lakhs |
| Average Placement | ₹ 18.7 Lakhs |
| Top Companies |     .png?tr=h-50,w-100,c-force)  |
College Ranking
Ranking of IIM Ranchi - Indian Institute of Management
Ask your question
Answered Questions
IIM Ranchi - Indian Institute of Management: 98 answered questions
Before choosing a college, try to make sure what you are really interested in. If it is MS then don’t go for any IIM. This is because you can pursue an MBA later in life if MS did not work for you. But you will not get the chance to choose Ms after your MBA. Also since it’s your area of interest, chances are you might find your talents and may want to work on them.
Now if you are sure about the course but confused about the IIMs, I will give you my honest opinion. The new IIMs are enjoying fame and glory owing to the achievements of their predecessors alone. They haven’t done much to attain the level of older IIMs. These new IIMs are poorly organized. The faculty is below average, the infrastructure is substandard and the teaching is pathetic. Yet they are here to claim the coveted IIM tag.
So if you are someone for whom the tag of IIM and its high placement matters only, you can surely go for a new IIM. But if you value education over institutions then base your decision on research.
Yes, IIM Ranchi is indeed worth risking your career for. It’s one of the best B-schools out there that has a plethora of facilities that most top institutes offer. My cousin decided to join IIM Ranchi because of the following features
Curriculum: IIM Ranchi offers a variety of electives in various fields. Moreover, the live project opportunities help the students gain practical experience. They are able to use the classroom concepts in the real world within real constraints of resources, people factors, and other organizational constraints.
Placements: IIM Ranchi has excellent placement opportunities. The statistics for this year are
|
Particulars |
Statistics |
|
Number of Recruiters |
250+ |
|
Number of Students |
325 |
|
Highest Salary |
INR 32.21 LPA |
|
Average Salary |
INR 16.17 LPA |
|
Top Recruiters |
Deloitte, Aditya Birla Group, Infosys, EY, IBM |
|
Major Sectors |
IT/ITES, Consulting, BFSI |
Faculty: The faculty at IIM Ranchi is a rich blend of resident faculty and visiting faculty from top b-schools like IIM A, IIM C and FMS. They are very experienced, and humble and implement joint learning techniques, engage students in experiences, and emphasize higher-order cognitive activities in the classroom.
Research: The research culture at Ranchi is very prominent. In fact, certain courses aim solely at developing outstanding scholars for research careers at business schools/universities or careers in Government NGOs that require advanced analytical and research capabilities.
Location: Location-wise IIM Ranchi is superior owing to the Birsa Munda airport which is located at a distance of 11 km from the college.
Accommodation: IIM Ranchi provides single-occupancy rooms for accommodation. The hostel is located in National Sports Housing Complex. It has
- Attached bathrooms and balcony
- Drinking water
- Automatic washing machine
- A cafeteria as well as a restaurant
All these facilities make IIM Ranchi among the best of the new IIMs. T.I.M.E. has ranked it AAAA+ along with older IIMs like IIM I, IIMK, IIM S and a few other top B-schools in the country.
My brother had his interview at IIM Ranchi last year for IPM. His 10th marks were 95% and 12th (PCB) marks stood at 78.4%. His interview was scheduled for the afternoon. He was welcomed by 2 male panelists who seemed quite comfortable and asked him if he had had lunch before appearing for the interview. Then they asked him the following questions
- 10/12th marks
- Favorite subject (PS: I said biology.)
- Why did you choose IPM after having biology? How would these subjects complement you?
- What is the difference between gray and white matter? (Brain)
- What is the function of the vitreous humor, and where is it located?
- What are the different enzymes secreted by the pancreas?
- Name the smallest and largest bone in the human body. (Location as well)
- State the “Second law of thermodynamics.”
- Define E=mc^2
- CM of your state. Any current official statement made by him.
- What is your hobby?
From the above list of questions, we can boldly say that the majority of the questions are aimed at testing your general knowledge. If you have a confident aura, you will easily win their favor.
Pro tip: You can direct the interview to a favorable topic by elaborating on any specific answer.
To be shortlisted for the IIM Ranchi PGDHRM program, it is generally required for a candidate to have a percentile of more than 92%. Keep in mind that the CAT score is not the only factor that is considered for the shortlisting process.
The graduation score and work experience are also taken into account, with a weightage of 15% and 10% respectively. Therefore, it is important to have a strong overall profile to increase the chances of being shortlisted for the program.
IIM Ranchi reserves the right to alter or modify the shortlisting and selection criteria for the MBA-HR program, as well as any other information related to the admissions criteria document, at any time if deemed necessary.
The admission process for the flagship course of IIM Ranchi is done through CAP (Common Admission Process), which is conducted by IIM Rohtak for 9 IIMs.
IIM Ranchi has released the admission policy and selection criteria for its flagship MBA course. The qualifying CAT cut-off for the batch of 2022-24 is 93 percentile as per IIM CAP criteria. IIM Ranchi CAT Cutoff usually remains around the 92 Percentile. For the past 2 years the CAT Cutoff was 94 Percentile but this year it has been reduced.
However, the final shortlisting depends upon many parameters such as
- Your academic scores
- Work experience
- Personal Interview
- Written Ability Score.
If you are shortlisted and do well in WAT and PI, you can surely get admission in IIM Ranchi.
IIM Ranchi also has a PGDHRM course, for which it conducts its separate admission rounds, so you can apply for that as well.
When it comes to comparing IIM Ranchi and MDI Murshidabad, there are a few key factors to consider. In terms of brand value among IIMs, IIM Ranchi may be considered better. However, it's worth noting that the fees at MDI Murshidabad are lower than those at IIM Ranchi.
One important consideration is the infrastructure of the two institutes. MDI Murshidabad has its own campus and hostel facilities onsite, while IIM Ranchi does not have a campus. This may be a factor for students who prefer on-campus housing. Additionally, while IIM Ranchi is known for its HRM program, MDI Murshidabad may be considered better for other specializations. Ultimately, the decision between these two institutes will depend on the individual student's priorities and needs.
Yes, you do have a chance to convert calls from IIM Kashipur. However, I will suggest that you aim for at least 95 percentile.
The minimum marks required to be eligible for admission are known as cutoff marks. The table shows the cut-off for shortlisting candidates for WAT and PI rounds (NC-OBC) category
|
QA |
45 |
|
DILR |
45 |
|
VARC |
45 |
|
Overall |
74 |
Other parameters that determine your chances include work experience, profile, academic and work profile, WAT/PI and CAT score also. Their respective weightages are
|
Components |
Weightage |
|
CAT |
25 |
|
PI |
5 |
|
Class 10 |
5 |
|
Class 12 |
5 |
|
Graduation Marks |
5 |
|
Post-Graduation Marks |
5 |
|
Work Experience |
15 |
|
Academic Diversity |
6 |
|
Gender Diversity |
6 |
You will be starting an everlasting debate if you compare IIM Ranchi and IIM Trichy. Yet if I have to be part I will take Trichy’s side. To make my answer sound clear, I will list the similarities and dissimilarities of both colleges.
Similarities:
- Faculty
- Infrastructure
- Location
- Perception
- Industry Connect
Dissimilarities:
Placement:
|
Particulars |
IIM Ranchi |
IIM Trichy |
|
Number of Recruiters |
250+ |
110 |
|
Number of Students |
325 |
230 |
|
Highest Salary |
INR 32.21 LPA |
INR 34 LPA |
|
Average Salary |
INR 16.17 LPA |
INR 17.01 LPA |
|
Top Recruiters |
Deloitte, Aditya Birla Group, Infosys, EY, IBM |
Amazon, Dell, Nomura |
|
Major Sectors |
IT/ITES, Consulting, BFSI |
Consulting, Sales & Marketing, Finance |
From the table we can clearly see that the placement opportunities are better at Trichy than at Ranchi.
Campus: One major difference between the 2 IIMs is that Trichy has a permanent campus whereas Ranchi does not. So if you want to live a dreamy college life with amazing accommodation facilities, then Trichy is for you.
IIM Trichy is the best option among these. It is especially good for Strategy, Finance, and Marketing specialization. The institute has an excellent placement record. IIM Trichy placement 2022 ended with an average CTC of INR 17.01 LPA, while the highest CTC offered this year was INR 34 LPA. It has a permanent campus and offers an enviable campus experience to students.
If you want to specialize in HR, IIM Ranchi will be a better option.
The placement statistics released by IIM Ranchi are not particularly fake but yes very exaggerated. For example, the recruiters who just recruited 2-3 students a couple of years ago are still added to the list of recruiters. This tactic is employed to show off the brands of top companies.
The CTC is calculated wrongly and also exaggerated. The same role offered by the same company to students of other B Schools is shown at IIM Ranchi to offer a CTC higher to its own students. This reality is wrong and not what the company promised. This has now come into the notice of many and IIM Ranchi Is slowly losing its reputation. The students feel cheated because many students chose Ranchi over other IIMs despite calls from them just because of its placement statistics.
One way to clear the misconception is to check the NIRF placement report. You can see from it that Ranchi lies below Trichy and even Udaipur. So do your part of research before finally choosing IIM Ranchi.
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