IIM Ranchi boasts a strong placement record, securing nearly 99-100% placements. The highest salary package reached 58 LPA, with an average package of around 15 LPA and a median of about 14.5 LPA. The institution attracts 100-150 companies for final placements and around 200 for summer internships. Major recruiters include Deloitte, Amazon, Wipro, TCS, Flipkart, Unilever, and Amul, with many opportunities in sales and marketing. Summer internships offer an average stipend of 80,000-90,000 INR for two months, with companies like Bain & Company, American Express, Accenture, Infosys, and Airtel participating, offering roles such as consultant and marketing manager.
IIM Ranchi completes summer placements early and consistently improves its placement statistics. The total fee for the 2-year program is approximately 17-18 lakh INR, covering expenses like hostel and food, with fees payable in installments. The term-wise fee is 2.5 lakh INR, totaling 15 lakh INR over six terms, plus a 1 lakh INR admission fee and around 50K INR for additional charges. Scholarships are available based on merit and need, with options for national and state scholarships.
Financial support is available through corporate collaborations, depending on merit and family income. The placement process wraps up by the last week of December, with average CTC reported at 14.5-15 lakh INR annually and internship stipends averaging 80-90K INR for two months.
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