The Indian Institute of Management Ranchi is a public business school located in Ranchi, Jharkhand, India. Established on 15 December 2009, it became India’s ninth Indian Institute of Management. It commenced classes on 6 July 2010, marking the inception of the institute under the 11th Five-Year Plan.
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1. Courses and Academics
IIM Ranchi offers a range of programs tailored to diverse career paths, including:
- PGDM (Post Graduate Diploma in Management), its flagship program.
- PGDHRM (Human Resource Management).
- PGDBAI (Business Analytics and Intelligence).
- Executive programs and doctoral courses like FPM (Fellow Program in Management).
The curriculum emphasizes industry relevance through case studies, analytics tools (e.g., R, Tableau), and workshops. It strikes a balance between theoretical knowledge and practical application, ensuring a robust learning experience
2. Placements and Career Opportunities
IIM Ranchi consistently achieves 100% placements.
- Key Stats: Average CTC: ₹15–16 LPA; Highest: ₹30 LPA.
- Top Recruiters: Deloitte, Amazon, EY, Flipkart, Tata Steel, and PwC.
The structured placement process includes internships, career counseling, and pre-placement offers. Students are placed across diverse roles in consulting, marketing, finance, and analytics.
3. Social Life and Campus Environment
Student life at IIM Ranchi is vibrant and community-driven, with active participation in clubs and committees. Popular events include leadership summits, cultural festivals, and case competitions. The Student Council ensures a harmonious campus environment by managing extracurricular activities and promoting a collaborative culture.
4. Future Scope and Alumni Network
IIM Ranchi alumni hold leadership positions in reputed companies worldwide. Strong industry collaborations and mentorship programs ensure career progression. The alumni network also provides opportunities for professional guidance and networking through events like Confluence Meets and Spectrum
5. Infrastructure and Facilities
While the institute is developing its permanent campus, the existing infrastructure supports academic and residential needs. Hostels are equipped with Wi-Fi, common areas, and dining services. Access to digital libraries and modern classrooms enhances the learning environment
6. Affordability
The PGDM program costs approximately ₹16.1 Lakh and is competitive among top B-schools. Scholarships and financial aid are available for deserving students. Expenses for accommodation and food are separate but reasonably priced
7. Location
Located in Ranchi, the institute benefits from its peaceful environment, allowing students to focus on academics. Its proximity to industries in the region provides ample opportunities for internships and corporate exposure.
8. Global Opportunities
International exposure is available through exchange programs and collaborations with global institutions. These opportunities enhance students’ cross-cultural management skills and expand their professional networks.
9. Diversity and Inclusivity
IIM Ranchi promotes diversity by admitting students from various academic, professional, and cultural backgrounds, fostering a rich and inclusive learning experience.
10. Support for Innovation and Entrepreneurship
Workshops, startup competitions, and mentorship programs are designed to support budding entrepreneurs. The institute also encourages innovative thinking through live projects and industry collaborations.