RanchiIIM Ranchi

IIM Ranchi - Indian Institute of Management, Ranchi

Ranchi, JharkhandAutonomous UniversityEstd 2009
#7 For MBA By Outlook 2024  
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About IIM Ranchi

IIM Ranchi was the 9th IIM established in 2009 initially mentored by IIM Calcutta and is ranked 24th by the NIRF 2023. IIM Ranchi is known for its flagship MBA program, which offers admission through CATIIM Ranchi also offers an IPM program through the IPMAT exam. The IIM Ranchi IPMAT cutoff is around 187, and the CAT cutoff is 94 percentile for general candidates.

IIM Ranchi MBA fees is INR 17.5 lakhs. The institute has concluded its placement drive for the batch of 2024. IIM Ranchi highest package stood at INR 37.8 LPA for the 2024 batch, while the average package remained at INR 18.69 LPA.

At IIM Ranchi, for the 2023-25 batch, a total of 1,51,272 general category candidates selected IIM Ranchi as their CAT preference, of which 9543 were shortlisted for WAT-PI. 

IIM Ranchi Highlights

Particulars Statistics
Year of Establishment 2009
Campus Size 60 acres
Students Intake 338 - 400
MBA Fees INR 17,50,000
NIRF Ranking 2023 24
Number of Courses 15
Total Faculty 62
Highest Package (2024) INR 37.8 LPA
Top Recruiting Sector BFSI & Fintech
Top Recruiters Deloitte, Capgemini, Amazon, Cognizant

IIM Ranchi Important Dates 2025

MBA/ MBA-HR/ MBA-BA
Last date for CAP Application  January 31, 2025 (Tentative)
Personal Interview - Phase 1 for CAP 2025 February 15 - 20, 2025 (Tentative)
Personal Interview - Phase 2 for CAP 2025 February 22 - 27, 2025 (Tentative)
Personal Interview - Phase 3 for CAP 2025 March 8 - 15, 2025 (Tentative)
Submission of Confirmation of Interest March, 2025
Final Admission Offer May 10, 2025 (Tentative)
Session Commencement  July, 2025
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IPM
IPM Registration Last date April 30, 2024
IPMAT Registration February 14, 2024 - April 01, 2024
IPMAT Admit Card Available First Week of May 2024 (Tentative)
IPMAT Exam 2024 May 23, 2024
IPMAT Exam 2024 Result June 07, 2024
IPM PI Shortlist June 25, 2024
IPM PI New Delhi July 17, 2024 (Tentative)
IPM PI Hyderabad July 19, 2024 (Tentative)
IPM PI Bangalore July 21, 2024 (Tentative)
IPM PI Mumbai July 23, 2024 (Tentative)
IPM PI Ranchi July 25, 2024 (Tentative)
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IIM Ranchi Fees

IIM Ranchi MBA fees is INR 17.5 Lakhs which is comparatively lower as compared to other IIMs and top B-Schools in the country.

Courses Fees
MBA/ MBA-HR/ MBA-BA INR 17,50,000 (2-years)
EMBA INR 12,50,000 (2-years)
IPM INR 15,93,000 (for first 3 years)
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IIM Ranchi Courses 

IIM Ranchi offers around 15+ courses in various areas of management. The details about the IIM Ranchi courses are mentioned below:

Courses Program Details
MBA/ MBA-HR/ MBA-BA Eligibility: Bachelor’s Degree with 50% Marks
Selection Criteria: CAT + Personal Interview through CAP
EMBA Eligibility: Bachelor's Degree + 3 Years of Work Experience
Selection Criteria: Personal Interview
IPM Eligibility: 10+2 with 60% marks
Selection Criteria: IPMAT + Personal Interview

IIM Ranchi Admission 2025

Here's a step-by-step guide for the IIM Ranchi Admission process for MBA program the 2025-27 batch:

Admission Stage Description 
Application Process Interested candidates will have to fill out the CAT application form and apply to IIM Ranchi in the same form.
CAT Exam The applicants will have to appear for the CAT Exam.
Shortlist for PI The applicants will be shortlisted for PI based on the CAT cut-off.
PI Process through CAP The personal interview would be conducted virtually through CAP.
Final Selection  The final selection of the candidates will be done based on the CAT score, PI score, and profile of the candidate. 

IIM Ranchi Results

The following data represents the admission stats for the MBA batch of 2023-25:

Category Students who selected IIM Ranchi in CAT Application No. of Students Shortlisted for WAT PI Composite Cutoff for Admission Offer
General 151272 9543 75.14
EWS 9465 2393 71.95
NC - OBC 36967 6104 70.44
SC 18357 3946 61.64
ST 5162 1183 51.19
PWDMN 951 306 NA

IIM Ranchi Admission Stories

Name Graduation Score Work Experience CAT Percentile
IIM Ranchi Admission Story Pragati Verma 80.5 Fresher 85.5%
IIM Ranchi Admission Story Kaushal Verma 6.61 Jagaran Microfin, 2 Years - Seeking Funds from Banks and FIs. 90.17%

IIM Ranchi Batch Profile 2022-24 

  • The batch of 2022-24 had 221 students in MBA, 69 students in MBA-HR, and 48 students in MBA-BA.
  • There were around 28% of the female students.
  • 52.8% of the batch had a prior work experience in reputer organizations in Accenture, Amazon, American Express, Bajal Auto, Deloitte, EY, Congnizant, etc. 

IIM Ranchi Batch Profile

IIM Ranchi Cut-off 2024

IIM Ranchi considers CAT cutoff for MBA admission and IPMAT cutoff for IPM admission. The cutoff for the both the courses are mentioned in the sections below.

IIM Ranchi IPM Cutoff 2024

The candidates are shortlisted for the IPM program based on their performance in the IPMAT. This year, the IPM shortlist criteria was 50% for Quants MCQ Marks + Quants Short Answer and 50% for Verbal Ability. The cutoff for the general category was 93 percentile. The cutoff of all the categorues are as follows:

Category IPMAT Cutoff
General  93
EWS 77.5
NC-OBC 65
SC 49
ST 30
DAP (PwD) 11.5

IIM Ranchi MBA Cutoff 2024

IIM Ranchi Cut-off is 94 percentile overall and 73 percentile for sectional. IIM Ranchi shortlisted the candidates for the PI, solely based on the CAT performance. The CAT cut-off for IIM Ranchi for all the categories is mentioned below:

Categories Overall Percentile QA Percentile DILR Percentile VARC Percentile
General 94 73 73 73
EWS 77 50 50 50
NC-OBC 77 50 50 50
SC 60 44 44 44
ST 40 30 25 25
DAP 40 30 25 25

IIM Ranchi Placements 2024

IIM Ranchi placements 2024 is concluded. IIM Ranchi highest package offered was INR 37.8 LPA.

Particulars Placements Statistics (2024)
Number of Recruiters 76
Number of PPOs 41
Highest Package INR 37.8 LPA
Average Package INR 18.69 LPA
Median Package INR 18 LPA
Top Sector BFSI & Fintech
Top Recruiters Deloitte, JP Morgan Chase & Co., Cognizant, Genpact, IBM

IIM Ranchi placement package of the last four year are mentioned in the table below:

Year Highest Package Average Package
2023 INR 67 LPA INR 17.3 LPA
2022 INR 32.21 LPA INR 16.17 LPA
2021 INR 26.50 LPA INR 14.69 LPA
2020 INR 59.36 LPA INR 15.11 LPA

IIM Ranchi Recruitment

Recruitment (Sector) CTC Range
BFSI INR 13 - 28 LPA
Consulting INR 11 - 42 LPA
FMCG INR 16 - 20 LPA
Automobile INR 10.5 - 18 LPA
IT INR 11 - 32 LPA
General Management INR 13 - 67 LPA
Others INR 12 - 21 LPA

IIM Ranchi Ranking

IIM Ranchi has been ranked 24th by NIRF 2023 among the top management institutes in India. The following table represents the IIM Ranchi Ranking:

Ranking Body Year Category Rank
NIRF 2023 Management 24
IIRF 2024 Best Govt. B-School 15
IIRF 2023 Best Govt. B-School 19

IIM Ranchi Vs IIM Rohtak Vs IIM Raipur

Particulars IIM Ranchi IIM Rohtak IIM Raipur
NIRF 2023 Ranking 24 12 1
Established Year 2009 2009 2010
Campus Area 60 acres 200 acres 200 acres
MBA Batch Size 250 350 328
Admission Process CAT + PI  CAT + PI CAT + PI
CAT Cut-off 94 percentile overall 96 percentile overall 94 percentile overall
MBA Fees INR 17,50,000 INR 17,90,000 INR 18,00,000
Curriculum  Minimum 110.5 credits and maximum 119.5 credits for two years  22.25 credits in the first year and 50.25 credits in the second year. -
Highest CTC  INR 37.8 LPA INR 48.25 LPA INR 67.60 LPA
Average CTC  INR 18.69 LPA INR 19.27 LPA INR 21.04 LPA

Life at IIM Ranchi 

Life at IIM Ranchi is busy and hectic with lectures, assignments, presentations, and projects. The IIM Ranchi new campus is located at Naya Sarai in a serene location. The campus is equipped with state-of-art infrastructure and includes 20 spacious classrooms, a 650-seat auditorium, video conferencing facilities and three hostels with accommodation for 1,000 students.

The hostel campus is situated away from the city in a peaceful location. The students are allotted individual rooms with attached bathrooms. The campus also has a cafeteria and snacks bar that stays open all night. IIM Ranchi hostel fees is around INR 2.46 Lakhs.

IIM Ranchi FAQs

Ques. What is the fee for IIM Ranchi

Ans. IIM Ranchi MBA fee is INR 17,50,000 for 2 years which includes all the charges like the tuition fees, hostel fees, acceptance fees, caution deposit, and alumni fees.

Ques. What percentile is required to get into IIM Ranchi?

Ans. IIM Ranchi CAT cut-off for admission into an MBA program is 94 percentile. The cut-off is the same for MBA-HR and MBA-BA.

Ques. How are the placements in IIM Ranchi?

Ans. In the 2024 placement drive, the highest package witnessed was INR 37.80 LPA. The average package for top 25 percentile was INR 24.55 LPA.

Ques. Is IIM Ranchi good for MBA HR?

Ans. IIM Ranchi had 33 recruiters for MBA in HR with the highest offer being 33.97 LPA, also IIM Ranchi is mostly known for its HR Course.

Ques. What are the courses taught at IIM Ranchi?

Ans. IIM Ranchi offers around 15+ courses that include MBA, Integrated MBA, Executive MBA, PhD, Executive PhD, and certificate courses.

Ques. How is the hostel life in IIM Ranchi?

Ans. The hostel campus is situated away from the city in a peaceful location. The students are allotted individual rooms with attached bathrooms. The campus has a cafeteria and snack bar that stay open all night. Students can enroll themselves in the Khelgaon sports complex, to use all the sports facilities.

Ques. What is the average salary after IIM Ranchi?

Ans. The average salary of IIM Ranchi in the 2024 placement drive was INR 18.69 LPA.

Ques. Can I join IIM Ranchi after 12th?

Ans. Yes, one can apply to IIM Ranchi for the IPM program after completion of class 12th. It is an integrated course in management that accepts students after completion of class 12th only. 

Ques. Can I join IIM Ranchi without CAT?

Ans. No, IIM Ranchi requires CAT scores to select the students for MBA admissions. The CAT scores are used to prepare the first shortlist of candidates to invite them for personal interview.

Ques. What is the NIRF ranking for IIM Ranchi?

Ans. For MBA the NIRF 2023 ranking for IIM Ranchi is 24th in India out of 100 management institutes. 

Ques. What was the highest offered at IIM Ranchi?

Ans. The highest salary offered last year in 2022 at IIM Ranchi was 32.21 LPA and in 2023 the highest international offer was INR 67 LPA. The highest salary offered to batch 2024 was INR 37.80 LPA.

Ques. How is IIM Ranchi for MBA?

Ans. IIM Ranchi is among the best for MBA. It holds a national rank of 24 on NIRF 2023 among 100 colleges.

Ques. Can I choose to live in private accommodation rather than institution-provided hostels?

Ans: No, it is compulsory for the students to stay in the accommodations provided by IIM Ranchi.

Ques. What are the eligibility criteria for getting into IIM Ranchi?

Ans. The eligibility criteria for IIM Ranchi is a bachelor’s degree in any field, with a minimum of 60% aggregate marks.

Ques. Does IIM Ranchi have an International Student Exchange program?

Ans. Yes, IIM Ranchi does have an International Exchange program. It has a tie-up with institutions like Ural Federal University(Russia), Woosong University(Korea), Alba Graduate Business School(Greece), and many others.

Ques. Does IIM Ranchi have doctoral programs?

Ans. Yes, IIM Ranchi does have doctoral programs, with specializations in:- 

  • Accounting & Finance
  • Economics
  • General Management -Business Law, Business Ethics, Regulatory Environment & Business Communication 
  • Information Systems & Business Analytics
  • Marketing Management
  • Organizational Behavior & Human Resource Management
  • Operations Management
  • Strategic Management

Ques. Does IIM Ranchi have an executive MBA program?

Ans. Yes, IIM Ranchi does have an executive MBA program for applicants having a minimum of 5 years of full-time work/professional/entrepreneurial experience.

Ques. What are the fees for an executive MBA at IIM Ranchi?

Ans. The fee for IIM Ranchi Executive MBA is INR 12,50,000 for 2 years.

Ques. Does IIM Ranchi offer an undergraduate program as well?

Ans. Yes, IIM Ranchi does offer an undergraduate program though it is a blended 5-year integrated MBA and at the end of the program the student will be awarded an MBA degree.

Ques. Does IIM Ranchi has clubs and committees?

Ans. Yes, there are many clubs in IIM Ranchi, some of them are

  • E-Cell Club
  • Ellipsis, the Literary club
  • Conundrum, the consulting club
  • DIGITALYTICS Club
  • Finopsis Club
  • HR Club
  • Marquess Club
  • Polynomics
  • Samarpan Club
  • Sankriya Club

Ques. What is the fee structure for IPM at IIM Ranchi?

Ans. The IPM program charges INR 15,93,000 for the first 3 years of the program and in the last two years, the students have to pay the MBA fees which are INR 17,50,000.

Ques. What are the reviews of the PGPHR Program at IIM Ranchi?

Ans. IIM Ranchi is one of the newer IIMs set up in the year 2009 and since then has continuously moved up in terms of ranking and placements. The PGDHRM program especially has gained immense popularity over the last few years. It ranks in the top 6 HR programs in India as per many ranking agencies like NIRF.

Ques. Can I get admission to IIM Ranchi if I clear the CAT cut-off?

Ans. No, meeting just the cutoff does not guarantee admission to IIM Ranchi. Aspirants must also clear the WAT and GD PI rounds for admission.

Ques. What is the cut-off for IIM Ranchi IPM?

Ans. IIM Ranchi has not released the minimum cutoff requirement for the IPM program. However, the expected cutoff for IPM admission via IPMAT is 265/300.

Ques. Is SAT necessary for admission into the IPM program at IIM Ranchi?

Ans. SAT was considered by IIM Ranchi for IPM admission, but from 2023 admissions the SAT scores won’t be considered. Only IPMAT scores will be considered for IPM admission.

Ques. What is the ROI of IIM Ranchi?

Ans.  IIM Ranchi MBA fees is INR 17.5 Lakhs whereas the average package for the batch 2024 stood at INR 18.69 LPA. So the ROI is positive.

Ques. Do 10th and 12th marks matter for admission into IIM Ranchi?

Ans. Yes, 10th and 12th marks are necessary for getting shortlisted in IIM Ranchi. The 10th and 12th scores are considered to prepare the final merit list for MBA.

Ques. Does PhD students of IIM Ranchi receive stipend?

Ans. Yes, the PhD students at IIM Ranchi receive stipend of INR 35,000 for the first 2 years and INR 40,000 after qualifying the comprehensive examination at the end of the second year.

Ques. Is it easy to get into IIM Ranchi?

Ans. As per IIM Ranchi cutoff 2023, candidates belonging to the General category are needed to secure 94 overall percentile and for EWS and NC-OBC category, the overall IIM Ranchi cutoffs are 77. For the Scheduled caste category, the sectional cutoff is 44 percentile and overall is 60.

Ques. Who can apply to PhD program at IIM Ranchi?

Ans. Anyone who fulfill the following eligibility criteria are eligible to apply for PhD at IIM Ranchi:

  • Master’s degree or Postgraduate diploma with first class 
  • 4-year Bachelor’s degree with 6.5 CGPA
  • B.Com with CA/ ICWA/ CS certification with 55% marks

Ques. What financial support does IIM Ranchi provide to its PhD students?

Ans. IIM Ranchi provides financial assistance for 4 years, which includes the following:

  • The tuition fee for the PhD students is waived off for the entire program. 
  • The accommodations are free at the campus.
  • They get a stipend of INR 35,000 for first 2 years and the stipend increases to INR 40,000 after qualifying the comprehensive examination at the end of the second year.
  • Then there is contingency allowance of INR 1,00,000 and INR 50,000 for purchase of computer and software.
  • Conference Grant for first four years and Financial support in presenting papers in 4 Domestic and 1 International Conference.

Ques. What is CPGM Program at IIM Ranchi?

Ans. CPGM is a certificate course in General Management, that can be pursued by anyone who holds a bachelor’s degree and 2 years of work experience.

Ques, What is the fee structure of IIM ranchi MBA program?

Ans. The total fee for the MBA program is NR 17,50,000 which includes the following charges:

  • Acceptance fee - INR 1,10,000
  • Tution Fee - INR 14,90,000
  • Hostel Charges - INR 1,20,000
  • Caution Deposit - INR 20,000
  • Alumni Fee - INR 10,000

Ques. Is IIM Ranchi Worth Joining?

Ans.Academics, Projects and Placements: It has a plethora of courses to offer to the students every year. The college offers live project opportunities to the students which provide them real-time experience and apply what they have learned to real-world scenarios and work within real constraints of resources, people factors and other organizational constraints.

Faculty: IIM Ranchi has a unique portfolio of faculty model that accommodates a mix of accomplished resident faculty and visiting faculty from top b-schools like IIM A, IIM C and FMS.

Ques. What are the hostel charges at IIM Ranchi?

Ans. Hostel charges of INR 1.2 Lakhs which is 20,000 per term is charged from students.

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IIM Ranchi Fees & Eligibility

Full time Courses
CourseFeesEligibilityApplication DateAction
MBA
3 Courses
17.2 Lakhs (Total Fees) Graduation2 Aug - 23 Apr 2024
Certification
3 Courses
3 Lakhs - 4 Lakhs (Total Fees) Graduation-
IPM32.83 Lakhs (Total Fees) 10+22 Aug - 23 Apr 2024
EMBA12.7 Lakhs (Total Fees) Graduation-
MDP37,000 (Total Fees) Graduation-
Part time Courses
CourseFeesEligibilityApplication DateAction
EMBA
1 Course
80,000 (Total Fees) Graduation-
Ph.D Executive3.5 Lakhs (1st Year Fees) Post Graduation20 Mar 2024

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Courses Offered By IIM Ranchi 2024

Select Degree and Streams to See Course Fees and Admission Details.

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Streams :
GeneralCorporate EducationBusiness AnalyticsHuman Resources ManagementBusiness AdministrationEducation ManagementOperations ManagementEconomicsEntrepreneurshipFinanceLiberal ArtsManagerial StudiesMarketing
Degree :
MBABBA + MBACertificationEmeritus FellowshipEMBAEMBAFDPIPMMDPPh.DPh.D ExecutiveFellowship
Program Type :
Full TimePart Time
3 Courses2 Years Full Time
#7out of 25 by Outlook

Eligibility:

Graduation

Application Date:

2 Aug - 23 Apr 2024
5 Years Full Time
#7out of 25 by Outlook

Eligibility:

10+2

Application Date:

2 Aug - 23 Apr 2024
2 Years Full Time
#7out of 25 by Outlook

Eligibility:

Graduation
Ph.D. (Executive) 
1st Yr Fees:₹3,50,000
3 Years Part Time
#7out of 25 by Outlook

Eligibility:

Post Graduation

Application Date:

20 Mar 2024
1 Courses 1 MonthPart Time
#7out of 25 by Outlook

Eligibility:

Graduation

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IIM Ranchi Upcoming Application Dates 2024

Important Events

EventsDates
CAT 2024 Exam Date
Tentative
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024

Important Events

EventsDates
CAT 2024 Exam Date
Tentative
Nov 24, 2024
CAT 2024 Result Date
Tentative
Dec 26, 2024

Expired Events

EventsDates
CAT 2024 Admit Card DateOct 25, 2024
CAT 2024 Registration DateAug 03, 2024 - Sep 20, 2024

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IIM Ranchi Rankings 2024

You can check college rankings with different ranking agencies.

IIM Ranchi Financial Express Ranking

#28out of 50 in India 2019
#2nd in Jharkhand
Financial Express

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Course Finder

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IIM Ranchi Scholarship 2024

Scholarship provided by the college.

IIM Ranchi has been recognised as the 9th IIM and among the best B-Schools in India. IIM Ranchi offers various scholarship programmes under various Departments and Ministries of Government of India.

Have a look at some of the financial assistance programmes applicable in IIM Ranchi offered by the Government of India.

IIM Ranchi Scholarships 

Name of Scholarship Scholarship Amount (in INR)
National Fellowship and Scholarship for Higher Education of ST Students 31,000
Merit-cum means based Scholarship Scheme belonging to the Minority Communities  20,000
 
Central Sector Scholarship Scheme of Top Class Education for SC Students  N.A.
Scheme of Scholarship for Top Class Education for Students with Disabilities. Up to 2 lakhs per year
Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education 12,000 (Graduation Level)
20,000 (Post Graduation Level)

For more details click here IIM Ranchi Courses and Fees

  • National Fellowship and Scholarship for Higher Education of ST Students- Ministry of Tribal Affairs
  • These scholarships provide financial support to ST students to pursue higher degree courses like MPhil, Ph.D or integrated M.Phil + Ph. D. 
  • A minimum aggregate of 55% marks at PG level from a recognised university is required to be eligible for National Fellowship Scholarships.
  • Students eligible for IIM Ranchi Scholarships are selected on a merit-basis. 
  • There is no minimum Income criteria for students eligible under the National Fellowship Programmes. 
  • The maximum age should be 36 years, as on the first day of July of the relevant year of the award of scholarship. 
  • Scholarship Seats:- 750

Check for more details IIM Ranchi IPM

  • National Fellowship- Amount of scholarship
Course Stream Scholarship (in INR) Contingency Annually (in INR)
M.Phil
 
Humanities and Social Sciences  31,000 /- 10,000 /-
Science / Engineering Technology 12,000 /-
Ph. D Humanities and Social Sciences  Rs.31000/- for first two years and Rs.35000/- for remaining 3 years 20,500 /-
Science / Engineering Technology 25,000 /-
HRA for all the courses (monthly): Equal to UGC rates [8% or 16% or 24% based on city*
Escort Allowance for Divyanjan (monthly): INR 2000/- (at par with UGC rates)*

Check IIM Ranchi Ranking

  • Merit-cum means based scholarship scheme belonging to the Minority Communities 
  • The Merit-cum means based Scholarships assist financial support to the poor and meritorious students belonging to minority communities to pursue professional and technical courses.
  • Students should possess an aggregate of more than 50% marks (or equivalent grade in the previous final examination). 
  • The annual income of a student’s parents/guardians from all sources should not exceed INR 2.50 lakhs.
  • Students from minorities sections are eligible to apply for IIM Ranchi Scholarships under Minorities like Muslims, Sikhs, Christians, Buddhists, Jain and Zoroastrians (Parsis) under Section 2 (c) of the National Commission for Minorities Act, 1992.
  • Scholarship Seats:- 60,000 “Fresh” + “Renewal” Scholarships.
  • Merit Cum Means Scholarship- Reimbursement Amount
Item Existing Amount
Course Fee INR 20,000/- per annum
(for both Hosteller & Day-Scholar)
Maintenance Allowance  INR 1,000/-* per month (Hosteller)
INR 500/-* per month(Day Scholar)

* For 10 months in a year.

For more details click here IIM Ranchi Placements

  • Central Sector Scholarship Scheme (CSSS) of Top Class Education for SC Students- Ministry of Social Justice and Empowerment 
  • CSS Scheme provides financial support to meritorious students from SC background willing to pursue degree programs. 
  • Students should have an annual family income up to INR 4.5 lakh per annum to be eligible for CSS Scholarship.
  • As reimbursement, this scholarship covers major finances like tuition fees, non refundable charges, lodging & boarding charges, books & stationery charges and cost of IT equipment for the first year.
  • Eligible students can apply through NSP Portal i.e. https://scholarships.gov.in when the scholarships are being activated. 

For more details click here IIM Ranchi Cutoff 

  • Scheme of Scholarship for Top Class Education for Students with Disabilities
  • Students with disabilities (SwD) pursuing a graduate/ postgraduate program in a recognised institute are eligible for this scholarship.
  • Students with a gross family income less than INR 6,00,000/- per annum, are eligible to apply for the scholarship. 
  • Total scholarship seats available under the stated scheme is 300.
  • Scholarship Amount
Components of Scholarship Rates per Awardee
Reimbursement of tuition fee and non-refundable charges Up to INR 2.00 lakh - per annum
Maintenance Allowance INR 3,000 /- per month for hostellers,
INR 1,500/- per month for day-scho
Special Allowances
(related to types of disabilities like reader allowance, escort allowance, helper allowance etc.)
INR 2,000 per month
Books and Stationary  INR 5,000 /- per annum
Reimbursement of expenses-
Purchase of a computer with accessories
INR 30,000/- as a one-time grant for the entire course.
Reimbursement of expenses-
Purchase of Aids and Assistive Devices including necessary software related to the particular disability 
INR 30,000/- as a one-time grant for the entire course.

For more details click here IIM Ranchi Admissions 2024

  • Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education
  • A component scheme known as the Central Sector Scheme of Scholarships for College and University Students (PM-USP CSSS)
  • Students with gross parental / family income up to Rs. 4.5 lakh per annum are eligible for scholarship under the scheme. 
  • Students scoring at least 50% marks in the Final Examination and maintaining at least 75% attendance shall be eligible for renewal of scholarship in their next year. 
  • Scholarship Amount:- 
Qualification  Scholarship Amount (in INR)
Graduation  12,000
Postgraduate  20,000
Integrated Courses (5 years) 20,000 in 4th and 5th year
  • For more details of all National Level Scholarships students can go through the National Scholarship Portal by Government of India- www.scholarships.gov.in 

For more details click here IIM Ranchi Reviews

IIM Ranchi Scholarships FAQs

Ques. What are the types of scholarships offered by IIM Ranchi ? 

Ans. There are various scholarships offered by the Government of India available for students at IIM Ranchi under SC/ ST, SwD (Students with Disabilities) etc. 

Ques. What is the scholarship amount for SwDs at IIM Ranchi Scholarships?

Ans. The Scheme of Scholarship for Top Class Education for Students with Disabilities offers up to INR 2 lakhs as course fee reimbursement. There are additional costs like maintenance (INR 3,000) and equipment costs, special allowances (INR 2,000) and so on.

Ques. How to apply for scholarships at IIM Ranchi?

Ans. Most of the scholarships offered by the Government of India at IIM Ranchi are available online and students can apply through the official NSP portal.

Ques. Are there any sort of Prime Minister’s Scholarship Scheme for students at IIM Ranchi? 

Ans. The Government of India offers Pradhan Mantri Uchchatar Shiksha Protsahan Yojana i.e. PM- USP CSSS Scheme to students pursuing graduation or post graduation degree programs.

Ques. What is the minimum family income criteria to be eligible for IIM Ranchi Scholarships? 

Ans. Scholarships like Central Sector Scholarship Scheme of Top Class Education and others require a family income not exceeding INR 4,50,000/- per year. Similarly Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education requires students to have family income less than INR 4.5 lakhs per annum to be eligible for these scholarships. 

Ques. What are the benefits and best scholarships available at IIM Ranchi?

Ans. Scholarships are available for students to allow them uninterrupted learning and pursue degree programs with sufficient finance. Some scholarships popular at IIM Ranchi include Central Sector Scheme Scholarships for ST, Scholarships for students with disabilities, PM Uchchatar Shiksha Protsahan Yojana etc.

IIM Ranchi: 19 Answered Questions

Is IIM Ranchi worth joining?

Shubrajit SahaStudied at Indian Institute of Management Rohtak (Graduated 2019)

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.

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

Epil Gagrai

IIM Ranchi cutoff 2024 will be as per the CAP 2024. The CAP 2024 cutoff has increased from the previous year and this year the overall cutoff is 94 percentile and the sectional cutoff is 73 percentile for PI shortlisting. 

IIM Ranchi cutoff 2024 for PGDHRM program for all the categories are as follows:

Category Overall VARC DILR QA
GEN 94 73 73 73
EWS 77 50 50 50
NC-OBC 77 50 50 50
SC 60 44 44 44
ST 40 25 25 25
DAP 40 25 25 25

Last year in 2023, the overall cutoff was 92 percentile. The cutoff data for last year is as follows:

Category Cutoff for WAT-PI Shortlist Composite Score Cutoff for Admission Offer  Highest Composite Score for Admission Offer
GEN 92 75.146 95.55
EWS 70 71.956 90.52
NC-OBC 74 70.446 89.78
SC 54 61.64 84.85
ST 40 51.196 81.14
PwD 40 NA 82.51
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Does an IIM tag from a newer IIM (say IIM Ranchi) help in a person's career?

Aditya MahathaStudied at Indian Institute of Management Ranchi (Graduated 2019)

The question is too general. Yet I will share my own opinion.

Indeed, IIM Ranchi has the potential to help you clear the obstacles in your career and climb the success ladder. It’s the following aspects of IIM Ranchi that make it a good option to uplift your career

IIM Tag: In this era of tough competition, it’s the IIM tag that helps you avail the finest benefits after an MBA. 

Growth: All the news IIMs focus on the general development of its students at large. Unlike older IIMs you can initiate committees and clubs that have never been established before. You can take the reins and enforce student culture at your college.

Long-term benefits: While joining a new institute one should definitely look at the bigger picture. After all, once even IIM Ahmedabad was a new IIM but today it has its own legacy. The same will happen with all the other new IIMs so you shouldn’t lose this opportunity just for short-term benefits.

Placements: We are quick to judge colleges based on its placement statistics. In reality, Management is a field in which lifetime value is considered not salary. Yet if you base your decision on placements this year's statistics are as follows 

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

These packages may seem lower than those offered at older IIMs but with excellent work, you can climb the ladder gradually.

Curriculum: The pedagogy is as good as any other top B School. You can gain a lot of knowledge just by attending the lectures conducted by the learned faculty alone.

Some points that might be important to consider against your decision to join IIM Ranchi are

  • The infrastructure is not at par with other IIMs
  • The distance between the campus and accommodation is very much.
  • You will be offered lower packages as compared to older IIMs

However, I don’t think these points can overshadow the plethora of opportunities IIM Ranchi offers.

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Is it worth choosing IIM Ranchi, Trichy for MBA in terms of placement and future scope?

Rohini Mishra
Shravan KumarPGDM from Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India (Graduated 2018)

Yes, you can easily choose IIM Ranchi or Trichy based on their placement statistics because the placement scenarios at both IIMs seem promising despite the lack of infrastructure and campus facilities. In many cases, Trichy and Ranchi have exchanged leads outside the ABC and LIK worlds. All can be overcome if you are taught by the best professors.

Elaborating further, IIM Trichy seems better than Ranchi or Rohtak to me. The reason being the superior teaching methods and its favorable location both for students as well as recruiters. Apart from Trichy, other IIMs are also doing fairly well compared to non-CAT MBA institutes. These are doing well with the help of sponsor IIMs which arrange faculty and placements. These in turn select their own Directors and invest in the infrastructure required in another 3–4 years as Trichy and Ranch have already done.

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How is IIM Ranchi MBA finance?

Payal GuptaStudied Accounting and Finance (Graduated 2022)

Since you are curious about finance only, I will try to answer your question based on the Finance domain only. To elaborate let’s consider the following merits and demerits 

Merits

  • Placements: IIM Ranchi is a new IIM so you cannot get front-end IB roles right off the bat. Yet it offers many roles that can be your stepping stones into the finance world. It does not offer front roles in IB, PE, VC, and bulge bracket equity research. One cannot expect such roles in the near future. But the fact is all these roles are available at the top IIMs only to the cream students. So if your profile is the same, changing the institute won’t matter. Many reputed Investment Banks offer middle office roles like Private credit, Debt capital firms, and Outsourced financial research firms. These roles can kick start your career in finance if not grant you a high-paying job.
  • Faculty: The finance faculty is just average here and only those who are really motivated and determined can survive. Some even quit finance in the second year due to the same reason. The teaching quality is diverse and some may find it not at par with their expectations.
  • Crowd: Most of the students opt for Finance as one of their majors in the second year. Additionally, a team even won the CFA RC India competition and represented India in the Asia Pacific finals. So the crowd is diverse and of premium quality.
  • CFA: The CFA Certification aims at enhancing finance knowledge and placements at large. The class lectures combined with the theoretical knowledge of CFA will make it very easy for you to understand Finance in depth.

Demerits: 

  • Lack of major front-end role opportunities 
  • Tools like Bloomerang are not much common in the curriculum 
  • The relatively new courses in Finance like PE/VC, alternative investments, REITs, SPACs, IPO financing, and M&A are not given enough focus.
  • The teaching faculty needs to be improved

All in all I think IIM Ranchi is a decent choice for Finance and in the years to come will have improved a lot.

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Is IIM Ranchi's IPM program worth it?

Yatika Mehla
Neeraj YadavMBA Master of Business Administration Degrees, Indian Institute of Management Ranchi (2020)

Yes, the IPM program of IIM Rohtak is actually worth it because it’s an IIM after all. Both Rohtak and Indore excel at their IPM programs. If you are not willing to sit for the CAT again and are not confident that you will get in despite trying this is the best option for you. But if you want to explore more opportunities and are confident of getting a better CAT percentile next year this program may not be for you.

IPM or Integrated Program in Management is a 5-year program of business studies from undergraduate to postgraduate level (Integrated BBA-MBA). Students will be awarded a Master of Business Administration (MBA) degree at the end of the program.

Curriculum: The foundation of this program is broad covering areas like humanities, social sciences, arts, and sciences. Other areas that are tackled by this program are management, marketing, accounting, finance, economics, information systems, data science, and strategic management. The pedagogy involves lectures, classroom discussions, experiential lessons, case analyses, simulations, group projects, internships, and mentorships that help in creating an active and student-favorable environment.

Fees: The total fee for the first three years of the program is INR 1,593,000. These fees do not include mess charges.

Eligibility: The eligibility criteria for the IPM program are as follows 

  • Candidates who have passed 10 + 2 with a minimum of 60% Marks.
  • 55% Marks for SC / ST / PWD.
  • Indian Nationals & PIO / OCI Card Holders are eligible to apply for the Program.

Admission process: 

IIM Ranchi Admission Process for the IPM program consists of 4 Stages, which are as follows:

  1. IIM Ranchi Reviews Applications received for IPM Program.
  2. Candidates are Shortlisted based on their Valid SAT / IPMAT (Conducted by IIM Indore) scores.
  3. Shortlisted Candidates are called for Personal Interviews for Final Selection.
  4. IIM Ranchi Finalize Candidates based on their Overall Performance in Personal Interviews & their Overall Academic Scores

Overall I personally feel that the IPM program at IIM Rohtak is worth trying.

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How is IIM Ranchi HRM?

Parth TawdePGP from Indian Institute of Management, Tiruchirappalli, Tamil Nadu, India (2018)

As a fresher, you will find the curriculum quite hectic and unapproachable. Yet with proper motivation and enough time you will find yourself adapting to the rigor and it will become a part of your life. Some major highlights of the course are

  • Induction program: IIM Ranchi conducts a unique induction process wherein students from all the programs work together. It helps to inculcate Teamwork, creativity, and leadership through various tasks. The Introduction To Business session gives you a broad idea of both HR and other domains like Marketing, Finance, Operations, etc.
  • Curriculum: The curriculum at IIM Ranchi does not solely focus on HR subjects. Rather, it gives a strategic and integrative perspective from the very beginning. This aims at giving rise to future HR Leaders as Business Partners. The Foundation courses cover a broad spectrum like HR Scorecard, Job Evaluation, and Job Analysis.
  • Specialization: Another major highlight of the course is the specialization opportunity offered to its students. Apart from General HR Management, the PGDHRM course lets you specialize in Industrial/Labour Relations as well as Organization Development. This is a book for people who want to work in PSUs or crack exams like UGC NET. This makes it the first IIM to offer specialization in HR as well as the first IIM to offer specialization within its HR course.
  • SHRM guidelines: The content of its curriculum is based on the SHRM guidelines which is an International HR body to give the best to students in terms of knowledge.
  • Placements: The placement statistics of HR program are as follows 

Particulars 

Statistics 

Number of recruiters

21

Number of students

72

Highest salary

INR 32.21 LPA

Average salary

INR 15.63 LPA

Major Sectors

IT/ITES, BFSI, Consulting

Top recruiters 

Accenture, Aditya Birla Capital, AICL, Adian Paints, Capgemini, EY, Flipkart

All these make the HR program a considerably decent option.

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What are the CAT score cut odds for IIM Ranchi PGDHRM?

Sugandhi Sood
Smeha JainMBA in Post Graduate Diploma in Management, Indian Institute of Management Ranchi (Graduated 2019)

If you do not have work experience, you may want to reconsider applying to IIM Ranchi as there are very few freshers in the batch. Additionally, the cutoffs for admissions at the institute are unpredictable and can vary widely. Some applicants with very high percentile scores have been rejected, while others with lower scores have been accepted. 

It is also worth noting that even applicants with strong work experience and percentile scores may not always be successful in receiving a call or being shortlisted. It is difficult to predict with certainty whether or not you will be accepted to the PGDHRM program.

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How good is IIM Ranchi's PGDM programme?

Gaurav YadavStudied at IIT Tirupati

Let’s discuss some major factors that make IIM Ranchi’s PGDM program a good one.

Hostel: IIM Ranchi has its hostel located in a very serene area. It provides single occupancy rooms to all its students with facilities like a geyser, laundry, library, and cafeteria.

Placements: The placement opportunities at IIM Ranchi are incredibly good. It boasts of 100% placement percentage. I will let the statistics do the talking

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

Industry Exposure: The guest lectures conducted by industry experts offer great exposure to its students.

Academics: The curriculum and courses offered are spectacular and enhance your knowledge to a great extent.

National Stadium: The sports freaks can avail the state-of-the-art facilities at the National stadium, Khelgaon Sports Complex, which is a 2 minutes distance from the hostels.

So the PGDM program offered at IIM Ranchi is a pretty good one.

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Is it worthwhile to pursue an MBA from IIT Bombay, IIM Trichy or IIM Ranchi?

Devesh OjhaStudied Master of Business Administration Degrees at Indian Institute of Management Ranchi (Graduated 2021)

My brother was in a similar dilemma as he wondered if spending high fees and 2 years of his life at a new IIM was even worth it. But eventually, he joined it and today he is glad he took the decision. Some major reasons for his satisfaction are 

  • The amazing exposure he could experience through Corporate Competitions, Live Projects, and Guest Lectures.
  • Interacting with industry experts and top-notch visiting faculties from throughout the country.
  • The innumerable student activities like Management fest, AGON & Sports and Cultural fest, and RUSH made it possible for the students to promote their talents at the National level.
  • Some of the best Clubs and Committees that improve your organizational as well as extracurricular skills.

So yes, joining IIM Ranchi for an MBA is worth every rupee and every second you spend.

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IIM Ranchi Facilities

You can check here to see what types of facilities IIM Ranchi provides.

Comp Labs
Sports
Gym
Medical
Cafeteria
Library
Auditorium
Hostel
Classrooms
Wi-FI Campus
Security

IIM Ranchi Faculty

Basic Information about the Faculty of IIM Ranchi

director
Prof. Deepak Kumar Srivastava
Prof. Aditya Shankar Mishra
Assistant Professor (Grade – I)
Prof. Amarendu Nandy
Assistant Professor (Grade – I)
Prof. Ambuj Anand
Assistant Professor (Grade – I)
Prof. Amit Sachan
Associate Professor
Prof. Anand
Associate Professor
Prof. Angshuman Hazarika
Assistant Professor (Grade – I)
Prof. Ankur Jha
Assistant Professor (Grade – I)
Prof. Arindam Mukherjee
Assistant Professor (Grade – I)
Prof. Deepak Kumar Srivastava
Professor
Prof. Divya Khurana
Assistant Professor (Grade – II)

IIM Ranchi College Details

Basic Information About the Colleges

Prabandhan Nagar, Nayasarai Road
Ranchi - 834008
Jharkhand, India
Get SMS Contact:  0651-2280113
Get Call Details:  0651-2280113
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