IIM Ranchi Placement Report
Indian Institute of Management (IIM) Ranchi has consistently positioned itself as a leading management institute in India, celebrated for its rigorous academic environment and impressive placement records. The final placement report for the 2023-2024 batch underscores the institution’s commitment to excellence and the robust industry demand for its graduates.
Placement Highlights The 2023-2024 placement season at IIM Ranchi was marked by stellar achievements across various programs. Here are some key highlights:
- Highest CTC: ₹37.80 LPA
- Average CTC: ₹19.13 LPA
- Median CTC: ₹18.00 LPA
- Top 10 Percentile Average CTC: ₹34.91 LPA
- Top 25 Percentile Average CTC: ₹27.77 LPA
- Top 80 Percentile Average CTC: ₹20.33 LPA
Sector-Wise Placements IIM Ranchi’s students secured diverse roles across multiple sectors, reflecting the institute’s strong industry connections and the versatile skill sets of its students.
- BFSI & Fintech: 32.6%
- Consulting & Professional Services: 19.4%
- IT & ITES: 23.3%
- E-Commerce & EdTech: 14.0%
- Manufacturing: 22.2%
- FMCG: 11.6%
- Energy Oil & Gas: 2.3%
- Pharma & Healthcare: 2.3%
- Others: 6.5%
Prominent Recruiters This year, IIM Ranchi attracted an impressive array of top-tier recruiters, including Accenture ATCI, Amazon, American Express, Axis Bank, Capgemini, Hero MotoCorp, JP Morgan Chase & Co., L&T Technology Services, RedSeer Consulting, and TVS Motors, among others. This diversity in recruiters highlights the institute’s broad appeal across various industries.
Program-Specific Achievements
- MBA Program: The MBA batch recorded an 8.05% increase in average CTC and a 6.48% increase in the highest CTC compared to the previous year.
- MBA-HR Program: Notably, the MBA-HR program saw a 12.67% rise in average CTC and a 13.88% increase in median CTC. The number of PPOs (Pre-Placement Offers) also increased by 23.08%.
- MBA-BA Program: The MBA in Business Analytics program witnessed a remarkable 16.63% rise in average CTC and a 56.56% increase in the highest CTC offered.
This article will help you explore IIM Ranchi placements of batch 2020-22 and other parameters like fee, intake, admission process and verdict.
IIM Ranchi MBA Placements 2022
No. of students: 253
No. of companies: 77
| Program | Highest Salary | Average Salary | Median Salary |
| MBA | Rs. 32.21 LPA | Rs. 16.71 LPA | Rs. 15.50 LPA |
| Domain | Highest Salary | Average Salary | Median Salary |
| Strategy & Consulting | Rs. 32.21 LPA | Rs. 17.10 LPA | Rs. 15.50 LPA |
| Sales & Marketing | Rs. 26.12 LPA | Rs. 16.60 LPA | Rs. 15.61 LPA |
| Finance | Rs. 25 LPA | Rs. 15.70 LPA | Rs. 16 LPA |
| Operations | Rs. 18 LPA | Rs. 13.40 LPA | Rs. 13.20 LPA |
| IT Analytics | Rs. 30.79 LPA | Rs. 15.62 LPA | Rs. 14.50 LPA |
IIM Ranchi MBA HR Placements 2022
- No. of students: 72
- No. of companies: 21
| Program | Highest Salary | Average Salary | Median Salary |
| MBA | Rs. 32.21 LPA | Rs. 15.63 LPA | Rs. 15.40 LPA |
The list of prominent recruiters includes Accenture, Aditya Birla Capital, Britannia, AICL, Cognizant, Capgemini, Flipkart, Deloitte, HCL, ICICI Bank, IBM, Samsung, Wipro, Tata Steel, Flabella, Infosys, EY, Jindal Steel & Power and Hindalco.
IIM Ranchi MBA and MBA HR Placements 2021
| Program | Highest Salary | Average Salary | Median Salary |
| MBA | Rs. 26.50 LPA | Rs. 14.69 LPA | Rs. 14.95 LPA |
| MBA HR | Rs. 29.75 LPA | Rs. 14.68 LPA | Rs. 14 LPA |
IIM Ranchi MBA Placements 2020
| Companies | 94 |
| Students participated | 181 |
| Highest Salary | Rs. 22.37 LPA(Domestic)
Rs. 59.36 LPA(International) |
| Median Salary | Rs. 14.82 LPA |
| Average Salary | Rs. 15.11 LPA |
| Domain | Highest Salary | Average Salary | Median Salary |
| Strategy & Consulting | Rs. 22.37 LPA | Rs. 16.36 LPA | Rs. 16.29 LPA |
| Sales & Marketing | Rs. 59.37 LPA | Rs. 15.01 LPA | Rs. 13.37 LPA |
| Finance | Rs. 20.37 LPA | Rs. 16.03 LPA | Rs. 15.37 LPA |
| Operations | Rs. 20.37 LPA | Rs. 15.57 LPA | Rs. 13.17 LPA |
| IT Analytics | Rs. 16.12 LPA | Rs. 13.11 LPA | Rs. 13.37 LPA |
IIM Ranchi MBA HR Placements 2020
| Companies | 42 |
| Students participated | 67 |
| Highest Salary | Rs. 26.5 LPA |
| Median Salary | Rs. 13.85 LPA |
| Average Salary | Rs. 14.55 LPA |
About IIM Ranchi
Hello Uotians, I hope you all are doing well. Today, the discussion is all about the Indian Institute of Management Ranchi (IIM R or IIM Ranchi). It is the 9th out of 20 IIMs established in the year 2010.
IIM Ranchi MBA Programs
- MBA
- MBA HRM(Human Resource Management)
- MBA BA(Business Analytics)
- Executive MBA
- PhD
- IPM
IIM Ranchi Fee & Intake
The fees for MBA, MBA HR and MBA Business Analytics are given below:
Fee – Rs. 17,50,000 (including accommodation)
| Program | Intake |
| MBA | 185 |
| MBA HRM | 60+ |
| MBA BA | 30+ |
IIM Ranchi Admission process
Score accepted – CAT
A. Shortlisting based on the following table for Personal Interview(PI)
| Category | Quant | DILR | VARC | Overall |
| General | 70 | 70 | 70 | 92 |
| EWS | 40 | 40 | 40 | 70 |
| NC-OBC | 45 | 45 | 45 | 74 |
| SC | 35 | 35 | 35 | 54 |
| ST/DAP | 32.5 | 25 | 25 | 40 |
B. Personal Interview
The final Selection will be based on the following table:
| Component | Weightage |
| CAT score | 40% |
| PI score | 30% |
| Profile | 30% |
| Total | 100% |
| Profile | Out of 30 marks |
| Academic Profile | 13 |
| Work Experience | 7 |
| Academic Diversity | 5 |
| Gender Diversity | 5 |
| Academic Profile | |||
| Score | SSC | HSC | Graduation |
| 85%+ | 4 | 4 | 5 |
| 80-85% | 3 | 3 | 4 |
| 75-80% | 3 | 3 | 3 |
| 70-75% | 2 | 2 | 2 |
| 70-65% | 1 | 1 | 2 |
| Below 65% | 0 | 0 | 0 |
| Work Exp duration | Marks |
| Up-to 6 Months | 0 |
| 7 to 12 Months | 2 |
| 13 to 18 Months | 5 |
| 19 to 24 Months | 6 |
| 25 to 30 Months | 7 |
| 31 to 36 Months | 4 |
| 37 to 42 Months | 3 |
| 43 to 48 Months | 2 |
| Greater than 48 Months | 1 |
| Academic Diversity at Graduation Level | Marks |
| If graduation degree is from Non-Engineering background | 5 |
| Else | 0 |
Tipani – IIM Ranchi Review
IIM Ranchi is one of the few MBA colleges in India providing an MBA HRM program with fantastic placement statistics. The Operations and IT specializations numbers are also good with the median salary hitting Rs. 13 LPA. The closest IIM competitors in terms of average salary are IIM Trichy, IIM Raipur and IIM Kashipur.
The non-IIM competitors are DOMS IIT Madras, SCMHRD Pune, NMIMS Mumbai for HR program, XIM Bhubaneshwar, IISc Bangalore and IMI Delhi.
