Are placements at IIM Ranchi at par with IIM Indore, IIM Kozhikode or IIM Shillong seeing the placement report which mention similar average salary?

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Trisha Dutt Posted On - Feb 2, 2023

Grade 12 from Sri Chaitanya Educational Institutions (Graduated 2021)

IIM Ranchi has had strong placements in recent years, including for the 2022 batch. According to the placement report, MBA and MBA HR students at IIM Ranchi received an average salary of INR 16.17 lakhs per year and INR 15.63 lakhs per year, respectively. The highest salary offered was INR 32.21 lakhs per year, which is about 8.3% higher than the previous year. The placement drive attracted over 250 recruiters, including major companies such as Deloitte, Aditya Birla Group, Infosys, EY, and IBM. Students were offered various job roles including asset management, wealth management, corporate banking, and project management.

It is worth noting that both IIM Kozhikode, IIM Shillong, and IIM Indore also have their own strengths and weaknesses. It is advisable to review their placement reports to make an informed decision.

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Mayuri Rana Posted On - Feb 4, 2021

Indian Institute of Management Ranchi, Class of '17

One of my relatives is currently studying at IIM Ranchi and it is a great college. It has maintained a great placement record ever since its inception. The college was ranked 20 by the NIRF for Management in 2020. Over the years, IIM Ranchi has consistently grown and showed an upward trend in terms of placements, exposure and ranking.

The college follows a transparent approach to placements as it has uploaded the summer placement report for 2019 -2021. The final placement report for the previous batch on their website which is accessible to all. The placement statistics for the year 2020 were tremendous.

Placement statistics for IIM Ranchi for the batch 2018 to 2020:

Category	IIM Ranchi
Highest Domestic CTC	INR 22.37 LPA
Highest International CTC	INR 59.36 LPA
Average CTC	INR 15.11 LPA
Number of Recruiters	94

IIM Indore, IIM Kozhikode and IIM Shillong are much like every other college and have their pros and cons. You can check their placement records, average CTCs and alumni network to discern which college meets your requirements. There are a lot of people who have graduated from IIM Shillong and IIM Indore who are currently in permanent and executive positions at reputed companies. So, it is not just the college but also individual potential that counts.

Before deciding on a particular business school, it is best to check out their alumni network, their previous placement records and talk to the students who are currently enrolled at the colleges to get a better idea.