IIM Ranchi, the 24th-ranked IIM according to the NIRF 2023, was the ninth IIM to be founded in 2009 and was initially mentored by IIM Calcutta. The IIM Ranchi’s flagship MBA program, which accepts applicants through the CAT, is well-known. The overall cutoff for IIM Ranchi is 92 percentile. The flagship MBA and IPM programs of IIM Ranchi are well-known, and admission to these programs is based on performance on the CAT, SAT, and IPMAT exams. IIM Ranchi MBA tuition costs INR 17.5 lakhs, while IIM Ranchi’s maximum package for the 2023 batch was INR 67 lakhs per annum (LPA).
IIM Ranchi Highlights
| Particulars | Statistics |
|---|---|
| Year of Establishment | 2009 |
| Campus Size | 60 acres |
| Students Intake | 185 (MBA) |
| MBA Fees | INR 17,50,000 |
| NIRF Ranking 2023 | 24 |
| Number of Courses | 15 |
| Total Faculty | 62 |
| Scholarship | Not available |
| Highest Package (2023) | INR 67 LPA (International) |
| Top Recruiting Sector | BFSI and IT / ITES |
| Top Recruiters | Deloitte, Aditya Birla Group, Infosys |
IIM Ranchi Important Dates 2024
| MBA/ MBA-HR/ MBA-BA | |
|---|---|
| CAT 2023 Registration Starts | August 02, 2023 |
| CAT 2023 Registration Closes | September 20, 2023 |
| CAT Admit Card Release | October 25, 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 (Tentative) |
| Final Admission Offer | May 10, 2024 (Tentative) |
| SAT May 2023 Registration Deadline | May 4, 2024 (Tentative) |
| SAT May 2023 Exam | May 6, 2024 (Tentative) |
| SAT June 2023 Exam | June 3, 2024 (Tentative) |
| Session Commencement | July, 2024 (Tentative) |
IIM Ranchi Courses
Around 15 different management-related courses are available at IIM Ranchi. Below are the specifics for the main courses IIM Ranchi offers:
| Courses | Program Details |
|---|---|
| MBA/ MBA-HR/ MBA-BA | Intake: 185 (MBA) Eligibility: Bachelor’s degree with 60% marks Selection Criteria: CAT + Personal Interview |
| EMBA | Eligibility: Bachelor’s degree + 5 years of Work Experience. Selection Criteria: Interview |
| IPM | Eligibility: 10+2 with 60% marks Selection Criteria: IPMAT + Personal Interview |
IIM Ranchi Admission 2024
The following table represents the IIM Ranchi MBA step by step admission process for the 2024-26 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 Fees
IIM Ranchi’s MBA tuition is INR 17.2 Lakhs, which is less expensive than that of other IIMs and the nation’s best business schools.
| Courses | Fees |
|---|---|
| MBA/ MBA-HR/ MBA-BA | INR 17,50,000 (2 years) |
| EMBA | INR 12,50,000 (2 years) |
| IPM | INR 16,00,000 (for first 3 years) |
IIM Ranchi Cut-off 2024
IIM Ranchi cut-off is 92 percentile overall and 70 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:
| Category | Overall | QA | DILR | VARC |
|---|---|---|---|---|
| General | 92 | 70 | 70 | 70 |
| EWS | 70 | 40 | 40 | 40 |
| NC-OBC | 74 | 45 | 45 | 45 |
| SC | 54 | 35 | 35 | 35 |
| ST | 40 | 32.5 | 32 | 25 |
| DAP | 40 | 32.5 | 32 | 25 |
IIM Ranchi Placements 2023
IIM Ranchi placements 2023 has been concluded and 399 students receiving job offers from 124 recruiters. IIM Ranchi highest package offered was INR 67 LPA. Highest number of offers were made in the BFSI sector.
| Particulars | Placement Statistics 2023 |
|---|---|
| Number of Recruiters | 124 |
| Highest CTC | INR 67 LPA |
| Average CTC | INR 17.3 LPA |
| Median CTC | INR 16.5 LPA |
| Top Recruiting Sector | BFSI (17.7% offers) |
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 different rankings of IIM Ranchi:
| Ranking Body | Year | Category | Rank |
|---|---|---|---|
| NIRF | 2023 | Management | 24 |
| IIRF | 2023 | Best Govt. B-School |
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 | 185 | 237 | 252 |
| Admission Process | CAT + PI | CAT + PI | CAT + PI |
| CAT Cut-off | 92 percentile overall | 95 percentile overall | 92 percentile overall |
| MBA Fees | INR 17,50,000 | INR 17,90,000 | INR 16,10,960 |
| 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 67 LPA | INR 36 LPA | INR 67.60 LPA |
| Average CTC | INR 17.3 LPA | INR 18.73 LPA | INR 21.04 LPA |
FAQ's
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.
IIM Ranchi CAT cut-off for admission into an MBA program is 92 percentile. The cut-off is the same for MBA-HR and MBA-BA.
IIM Ranchi offers around 15+ courses that include MBA, Integrated MBA, Executive MBA, PhD, Executive PhD, and certificate courses.
For MBA the NIRF 2023 ranking for IIM Ranchi is 24th in India out of 100 management institutes.
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.
