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).

 

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:

  1. Alba Graduate Business School, Greece
  2. The American Business School of Paris
  3. Asian Institute of Technology, Thailand
  4. Audencia Nantes School of Management, France
  5. EMLYON Business School, France
  6. National Chengchi University, College of Commerce, Taiwan
  7. Purdue University, USA
  8. Turiba University, Latvia
  9. Ural Federal University, Russia
  10.  Woosong University, South Korea
  11.  University of Vaasa, Finland
  12.  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.