

- IIM Ranchi Fee Structure 2026
- IIM Ranchi Student Reviews
IIM Ranchi Fee Structure 2026
IIM Ranchi courses are offered at the PG and PhD levels. The institute also offers Integrated Programme in Management. MBA is the flagship of IIM Ranchi. Each programme has its fee structure, which usually includes tuition fees, hostel accommodation (if needed), and some additional charges set by the IIM Ranchi. Some of these are one-time payments charged by IIM Ranchi, while others, like tuition, must be paid each semester or year.
IIM Ranchi fee ranges between INR 12.5 lakh - INR 18.9 lakh. The tuition fee for Executive MBA is INR 12.5 lakh, whereas the highest fee is for MBA courses. The tuition fee for MBA courses is INR 18.9 lakh.
IIM Ranchi Fee Refund Policy
Any candidate who has been admitted to IIM Ranchi may withdraw through admission portal. Based on the date and time which the candidate withdraws, IIM Ranchi will calculate the applicable refund accordingly. The refund of fees as applicable shall be made in due course and after deduction of the cancellation charges as shown in the table below:
For MBA course:
| Withdrawal Timeline | Amount of Fee to be Refunded |
|---|---|
| Request received after the candidate registers for the programme and decides to leave the programme before the notified date of commencement of classes. | Entire Fee less of INR 1,000 |
| Request received after the candidate registers for the programme and decides to leave on or after notified date of commencement of classes. | No Refund (except caution deposit and Alumni Fee) |
For IPM course:
| Withdrawal Timeline | Amount of Fee to be Refunded |
|---|---|
| A candidate pays the Term 1 Fee (i.e. registers for the programme) and withdraws on or before Aug 7, 2026. | Entire Fee less of INR 1,000 |
| Request received after the candidate pays the Term 1 Fee and decides to leave on or after Aug 8, 2026. | No Refund (except caution deposit and Alumni Fee) |
Check below fee refund guidelines for IPM course:
- Candidates who accept offers on or after first week of August, 2026 will have no window of withdrawal without refund irrespective of whether the offer which was accepted, was made by IIM Ranchi before/on/after first week of August, 2026.
- Candidates accepting any offers after Afirst week of August, 2026 are deemed to have specifically accepted this condition limiting their withdrawal and refund possibilities.
- If a candidate pays the Term 1 fee and does not report at the Institute within the deadline for registration as communicated, it implies that candidate has withdrawn from the programme after first week of August, 2026 and no further request for extension in the registration date will be entertained.
Note: To receive a refund of caution deposit and Alumni Fee, candidate has the sole responsibility to clear dues and submit no dues form duly signed by all the concerned departments. Cost of books, welcome kit etc. will be adjusted from caution deposit. Mess charges will not be refunded.
Check the table below for IIM Ranchi fee for all courses:
| Course | Total tuition fees |
|---|---|
MBA/PGDM (4 Courses) | ₹ 18.9 LGet Fee Details |
BBA (1 Courses) | ₹ 17.1 LGet Fee Details |
Executive MBA/PGDM (1 Courses) | ₹ 12.5 LGet Fee Details |
Commonly asked questions On Fees Overview
The total tuition fee at IIM Ranchi for IPM is INR 15.48 Lacs divided equally in 9 installments. In addition to tuition fee, students also have to make following one time payments:
| Particulars | Fee |
|---|---|
| Caution Deposit (Refundable) | INR 20,000 |
| Alumni Fee | INR 10,000 |
| Student Activity Fee | INR 15,000 |
| Total Tuition Fee | INR 15.48 lakh |
| Total Fee | INR 15.93 lakh |
Apart from above charges, the candidate also have to pay application fee which is as mentioned below:
Category | Application Fees |
|---|---|
General, EWS& NC-OBC | INR 2,500 |
SC, ST & DAP | INR 1,250 |
Yes, the Indian Institute of Management Ranchi may not be the top Management institute of India but is ranked 18th under the Management category by the National Institute Ranking Framework (NIRF 2025).
Further as a Management institute known for its placements students have the highest and average packages of INR 1.2 Crore per annum and INR 19.28 LPA, respectively. While the placement rate was a perfect 100%.
According to the reviews and ratings provided by verified students of IIM Ranchi, IPM at IIM Ranchi has got a positive response. One verified student of IIM Ranchi wrote that the Institute provide 100% placements with an average package of up to INR 16.17 lakh. The top recruiters mentioned by students were Cognizant, JP Morgan, Accenture, Flipkart, etc. While another student praised the faculty and infrastructure.
According to NIRF Report 2023, IIM Ranchi stands at 24th rank in the Management category, however in the year 2022, it was at 15th position and prior to that at 21st position.
The total tuition fee at IIM Ranchi for IPM is INR 15.48 Lacs divided equally in 9 installments. Caution deposit of INR 20,000, Alumni Fee of INR 10,000, and Student Activity fee INR 15,000 is not included in the tuition fee and have to be paid along with the 1st installment.
Yes, IIM Ranchi is definitely a great college to pursue MBA. IIM Ranchi has secured the 18th rank in the NIRF Ranking list under management category in 2025 and is considered among the list of premium institutes of the country offering MBA.
IIM Ranchi MBA key highlights are mentioned below:
| Particulars | Details |
|---|---|
| Duration | 2 years |
| Total seat intake | 185 |
| Eligibility | Graduation with 50%-60% aggregate |
| Specialisations | MBA/ MBA-HR/ MBA-BA |
| Accepted entrance exam | CAT |
| Total fee | INR 19.2 lakh |
| IIM Ranchi MBA Average package 2025 | INR 19.29 LPA |
| IIM Ranchi MBA the highest package 2025 | INR 50.39 LPA |
Explore popular similar colleges
Students who showed interest in IIM Ranchi - MBA also showed interest in
IIM RanchiStudents Ratings & Reviews
- Chat with our counselor
- Get your personalised list of colleges & exams matching your preferences
IIM Ranchi
Student Forum
Answered 4 days ago
IIM Ranchi Admission Offers and waitlist positions are available on the Admission Portal accessible through the link available at the official website- admissions section. Students must check regularly to know about the status of the offer or waitlist position. IIM Ranchi Selection Weightage Breakdo
G
Contributor-Level 10
Answered 4 days ago
Yes, IIM Ranchi has a structured fee refund and withdrawal policy depending on the programme and the timing of withdrawal. Check below fee refund policy at Indian Institute of Management, Ranchi:
Situation | Refund Amount |
|---|---|
Request received after registration but before the notified date of commencement of classes. | Entire Fee less ₹1,000 |
Request received after registration and decides to leave on or after the notified date of commencement of classes. | No Refund (except caution deposit and Alumni Fee) |
Candidates who register for the programme on or after the notified date of commencement of classes. | No Refund (except caution deposit and Alumni Fee) |
G
Contributor-Level 10
Answered 4 days ago
IIM Ranchi features an experienced, diverse academic faculty. The faculty strength is over 92+ full-time faculty members. About 20% have international experience, and 15% hold a PhD combined with IIM teaching experience.
G
Contributor-Level 10
Answered 4 days ago
Yes, IIM Ranchi offers merit scholarship to students. The Scholarship covers 50% of the annual tuition fee for the students receiving the scholarship in a particular year. To be eligible for the scholarship, the students must have been admitted through CAT (for MBA, MBA-BA, MBA-HRM) or through IPMAT
G
Contributor-Level 10
Answered 5 days ago
The Campus is located around 12 km from Ranchi Airport and Ranchi Railway Station. It is around 10 km from Hatia Railway Station. App based taxi/auto services are easily available at the Campus and from any part of Ranchi to the Campus. The Institute also operates a Shuttle Bus with service till 9 p
G
Contributor-Level 10
Content authored by:
Updated on Oct 28, 2026
IIM RanchiTake a look at Campus
Header Image
Campus Building
Auditorium

IIM Ranchi News & Updates





IIM RanchiContact Information
Prabandhan Nagar, Nayasarai Road,
Ranchi ( Jharkhand)
(For general query)
(For admission query)
(For general query)
(For admission query)
Useful Links
Know more about IIM Ranchi
- All About IIM Ranchi
- Courses 2027
- Reviews on Placements, Faculty & Facilities
- Admission 2027 - Cutoffs, Eligibility & Dates
- Placement - Highest & Average Salary Package
- Cut off & Merit List 2027
- IIM Ranchi Rankings
- Gallery 2027
- Infrastructure Details & Reviews
- IIM Ranchi Faculty
- Compare IIM Ranchi
- IIM Ranchi Q&A
- Scholarships
- CAT
Where can I know the status of my offer from IIM Ranchi?