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MBA at IIM Ranchi

Ranchi, Jharkhand

Autonomous University

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Master of Business Administration [MBA]

Course Fees

Course Duration

2 Years

Total Fees

17.2 Lakhs

Detailed Fees

general

Total Fees	₹ 1720000

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
IIM Ranchi MBA Selection Criteria
IIM Ranchi MBA Admission Process
IIM Ranchi MBA Placements 2023
IIM Ranchi MBA Rankings
IIM Ranchi Vs IIM Rohtak Vs SIBM Pune
IIM Ranchi MBA FAQs

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.)

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

Duration2 Years

Number of Seats-

Type of CourseFull Time

Mode of TeachingOn Campus

Duration2 Years

Number of Seats-

Type of CourseFull Time

Mode of TeachingOn Campus

Duration2 Years

Number of Seats-

Type of CourseFull Time

Mode of TeachingOn Campus

Placement

Highest Placement	₹ 37.8 Lakhs
Average Placement	₹ 18.7 Lakhs
Top Companies

College Ranking

Ranking of IIM Ranchi - Indian Institute of Management

Ask your question

Answered Questions

IIM Ranchi - Indian Institute of Management: 98 answered questions

Is it worth it to go into 6 new IIMs (Ranchi, Rohtak, Raipur, Udaipur, Trichy & Kashipur) rather than going for an MS?

Puneet Srivastava

05 Jan 23

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.

Is IIM Ranchi worth joining?

Shubrajit Saha

11 Jan 23

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.

How is the IIM Ranchi IPM interview?

Krishna Agarwal

11 Jan 23

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.

How much percentile is required to get a call from IIM Ranchi PGDHRM for a general category?

Yash Arora

19 Jan 23

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.

What is the percentile required to join IIM Ranchi?

Surya Satya

11 Jan 23

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.

Which is better: IIM Ranchi or MDI Murshidabad?

Aakriti Ahuja

20 Jan 23

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.

What are the realistic chances of converting IIM Ranchi, Trichy, Raipur, Udaipur, Kashipur calls for an NC-OBC engineer male at an 80.2 percentile?

Harshit Pandey

05 Jan 23

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

Which is better, IIM Ranchi or IIM Trichy?

Anmol Gupta

11 Jan 23

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.

Which one is better among them for a fresher without work experience: IIM Ranchi or IIM Trichy or IIM Raipur?

Srishti Gupta

20 Jul 22

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.

Are placement stats of IIM Ranchi fake?

Ridhima Grover

11 Jan 23

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.