IIM Ranchi - Indian Institute of Management Answered Questions

 Yes, an MBA from Ranchi can be great when you compare the budget and career opportunities. This table has links for the specialisations offered at the colleges, their tuition fee ranges, and average salaries after completing them.  College NamesTotal Tuition FeeAnnual Average PackageIIM Ranchi MBAINR 18.9 LakhINR 17 LPABAU MBA INR 6,000INR 8.1 LPABirla Institute of Technology MBAINR 6 LakhINR 8 LPADoranda College MBAINR 83,000INR 4.5 LPACentral University of Jharkhand MBAINR 1.2 LakhINR 4 LPANote: All info. is from official sites and can change. 

Hi, to determine the worth of joining the IIM Ranchi, you need to check its Return on Investment (ROI). Listed below is the IIM Ranchi along with their total tuition fees and average placement package:College NameTotal Tuition FeeAnnual Average PackageIIM Ranchi MBAINR 15 lakh – INR 16 lakhINR 16 LPA – INR 17 LPAHope this information proves beneficial for you!

IIM Ranchi is a government University.  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.

IIM Ranchi is one of the most prestigious Management institutes in India. The institute has been ranked by several prominent organisations. NIRF 2023 has ranked IIM Ranchi at 24th position in the Management category. Additionally, the institute is ranked 7th by Outlook 2023 in the MBA (government) category in India. IIM Ranchi is also ranked 19th among the top MBA institutes in India by IIRF 2023.The fees structure for various programme is as follows : The fee for MBA, MBA-HR & MBA-BA programme for the batch 2023-25 will be Rs. 17.20 Lacs (excluding Caution. Deposit, Alumni Fee & Mess Expense).

XISS Ranchi claims to have 100% placement. However, some say that not everyone who is placed is happy with their job. The highest package offered to the MBA batch at XISS Ranchi was INR 20.50 LPA in 2021-2023. The average CTC for 2023 was INR 9.40 LPA, however, IIM Ranchi's top salary was INR 67 Lacs in 2023. The average salary for the Finance profile was INR 24.60 lakhs, for Sales and Marketing it was INR 25.40 Lacs and INR 25.10 Lacs for IT. There is no doubt that XISS is one of the best management institutions in Jharkhand. Professionals from XISS are said to have a good reputation in the corporate world.

There is no official update regarding the hostel fee at IIM Ranchi. However, as per some unofficial sources, it costs INR 1.20 lakh (approximately). The housing facility at IIM Ranchi consists of separate blocks for girls and boys. IIM Ranchi has a fully Wi-Fi-enabled campus. The housing facility consists of a mix of three- and four-bedroom shared flats that are fully furnished, serviced, and equipped with five-star facilities. Each block consists of a mess and a canteen which remain open for nearly twenty hours a day on average, and a dispensary for medical concerns. Each floor of the block is equipped with a common announcement system.

The 95th to 100th percentiles in each category are typically the CAT cutoffs for admission to the IIMs. The CAT cut off percentile for top IIMs for students in the General category often ranges from 98 to 100 percentile. With a CAT percentile of 94–95, applicants can also be admitted to IIM Raipur, IIM Trichy, and IIM Kashipur in addition to IIM Ranchi. For your information, the qualifying CAT cut off for each IIM is listed below. IIM Ahmedabad - 85IIM Bangalore - 85IIM Calcutta - 85IIM Lucknow - 90IIM Indore - 90IIM Kozhikode - 85IIM Amritsar - 90IIM Nagpur - 85IIM Sambalpur - 93IIM Trichy - 93IIM Raipur - 93IIM Ranchi - 90IIM Kashipur - 94IIM Vishakhapatnam - 80IIM Udaipur - 93IIM Bodhgaya - 93IIM Shillong - 75IIM Sirmaur - 92IIM Rohtak - 95IIM Nagpur - 85IIM Jammu - 93

Sure, you should apply to IIM Ranchi IPM course if you are not sure about IIM Indore for a safer side. The five-year IPM course was first launched by IIM Indore in 2011, later in 2021, IIM Ranchi also introduced the same course for its students.For a clear vision, a comparison between IPM offered at IIM Ranchi and IIM Indore on the basis of course and placement is mentioned in the table below:InstituteCourse FeePlacementsIIM RanchiINR 15.48 LakhMedian Salary-INR 12.50 Lakhthe highest Salary-INR 19.20 LakhIIM IndoreINR 35.00 LakhMedian Salary-INR 27.20 Lakhthe highest Salary-INR 1.14 Crores 

The difficulty level of IPMAT depends on how much preaparation a candidate has done. Candidate's IPMAT preparation strategy should be systematic and cover complete IPMAT syllabus. IPMAT is a national-level entrance exam which is conducted by the prestigious IIM Indore for admission to the five-year IPM course offered IIM Indore, IIM Ranchi, etc. Candidates planning to appear for IPMAT must know that good IPMAT preparation can help them go a long way. Candidates from all streams can appear for the IPMAT exam and those with strong mathematical skills can easily crack IPMAT.

The Indian Institute of Management (IIM) Ranchi was established in the year 2009 with the assitance of the Indian Institute of Management Calcutta and the Government of Jharkhand, working under the guidance of the Ministry of Education, Government of India. IIM Ranchi is famous for its flagship IPM and MBA programmes , and admission to these courses is given on the basis of the CAT, SAT, and IPMAT. The institute has a wide range of facilities that it offers to its students.IIM Ranchi provides various Integrated and Postgraduate courses which include MBA, PhD, Post-Doctoral Fellowship in Management, Emeritus Fellowship in Management, Executive PhD,   and Executive programmes.