

- IIM Ranchi Fee Structure 2026
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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 |
Certificate (1 Courses) | ₹ 1.7 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.
The total tuition fees for Executive MBA is INR 12.5 lakh at IIM Ranchi. Students need to pay a caution deposit of INR 10,000 and alumni fees of INR 10,000 at the time of accepting offer.
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Student Forum
Answered a week ago
IIM Ranchi provides modern infrastructure and recreational amenities on its permanent campus at Prabandhan Nagar. Some amenities are Bank with ATM, Supermarket, Gym, 24 Hour Cafe, Post Office, Wifi, Library, Reading Room, All Night Canteen, Laundry, Medical Centre, etc.
G
Contributor-Level 10
Answered a week ago
IIM Ranchi is located around 12 km from Ranchi Airport and Ranchi Railway Station. It is around 10 km from Hatia Railway Station. Ola/Uber/Rapido and other 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
G
Contributor-Level 10
Answered 3 weeks ago
A fresher at an IIM Ranchi must put in high, consistent daily effort across academics, corporate competitions, and networking to bridge the lack of prior work experience. Students must follow below steps:
- Speak up in lectures from day one to build confidence and sharp communication skills, which inte
G
Contributor-Level 10
Answered 3 weeks ago
MBA (Executive) admission at IIM Ranchi is moderately challenging, depending heavily on CAT scores. The criteria also depends on the student's professional profile, work experience quality, and performance in the personal interview round.
G
Contributor-Level 10
Answered 3 months ago
No, there is no possibility of part payment at IIM Ranchi. Applicants have to pay the fees for first term on the admission portal before the last date.
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Guide-Level 15
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Updated on Aug 10, 2026
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