Indian Institute of Management Ranchi (IIM Ranchi)
Introduction
IIM Ranchi, established in 2010, is among the newer Indian Institutes of Management, known for its excellence in management education and research. It has gained recognition for its innovative curriculum, strong industry ties, and consistent placement success.
Establishment & History
IIM Ranchi was set up as part of the Indian government’s initiative to expand premier management education across the country. Initially mentored by IIM Calcutta, it has developed a unique identity and strong academic framework.
Campus & Infrastructure
IIM Ranchi currently operates from a temporary campus but has a permanent campus under development. The institute provides top-tier facilities, including:
- Smart classrooms with advanced technology
- Well-equipped library with digital access
- Student hostels with modern amenities
- Sports and recreational facilities
Selection Criteria (Admission Process)
The admission process at IIM Ranchi is based on CAT scores, academic performance, work experience, and personal interviews. The weightage of each component is as follows:
| Component | Weightage (%) |
|---|---|
| CAT Score | 60% |
| Class 10 Marks | 10% |
| Class 12 Marks | 10% |
| Work Experience | 10% |
| Personal Interview (PI) | 10% |
Courses Offered
- Post Graduate Programme in Management (PGP) – MBA
- Executive MBA (EMBA)
- Post Graduate Programme in Human Resource Management (PGPHRM)
- Doctoral Programme in Management (PhD)
- Integrated Programme in Management (IPM)
Placement Reports
IIM Ranchi has demonstrated remarkable placement growth. Below is the latest placement data:
| Placement Statistic | Details |
|---|---|
| Batch Size | 250+ |
| No. of Recruiters | 100+ |
| Average CTC (2024) | INR 17 LPA |
| Median CTC (2024) | INR 16 LPA |
| Highest CTC (Domestic) | INR 35 LPA |
| Highest CTC (International) | INR 52 LPA |
| Top Recruiters | Accenture, Deloitte, EY, ICICI Bank, Tata Steel |
Notable Alumni
IIM Ranchi’s alumni network is growing, with graduates securing prominent positions in various sectors, including consulting, finance, and marketing.
Other Key Highlights
- Known for its specialized program in Human Resource Management (PGPHRM).
- Strong placement record with reputed multinational companies.
- Focus on research, leadership, and entrepreneurship development.
