IIM Ranchi Placements 2023: Highest CTC INR 35.50 LPA; Average CTC INR 17.30 LPA
In the IIM Ranchi placements 2023, the highest CTC stood at INR 35.50 lakh per annum in MBA. In the MBA-HR batch, the highest CTC stood at INR 32.30 lakh per annum. Check IIM Ranchi final placement report 2023 here.
IIM Ranchi final placements of MBA and MBA HR 2021-23 witnessed successful placement of 468 students. The institute completed is final placement process of MBA and MBA HR batches with 154 companies recruiting students in various job roles across domains such as Sales & Marketing, Strategy & Consulting, Operations, IT Analytics and Finance.
In the IIM Ranchi placements 2023, the highest CTC stood at INR 35.50 lakh per annum in MBA and INR 32. 20 lakh per annum in MBA HR programmes. The average CTC stood at INR 17.30 lakh per annum in MBA and INR 16.30 lakh per annum in MBA HR. This year, international offers were also made during the final placements. The highest international salary for IIM Ranchi stood at 67.00 lakh per annum.
Commonly asked questions
About 124 companies visited the campus, and 76 PPOs were made during IIM Ranchi MBA placements 2023. The top recruiters during the placements 2023 are Accenture, Tata Steel, Adani, Wipro, EY, BCG, Microsoft, Capgemini, Godrej Consumer Products, McKinsey & Company, etc.
IIM Ranchi placements 2023 have been concluded, and 399 students receiving job offers from 124 recruiters. IIM Ranchi the highest package offered was INR 67 LPA. The key highlights of IIM Ranchi MBA placements 2023 as compared with 2022 are presented in the below-mentioned table:
Particulars | MBA Placement Statistics (2022) | MBA Placement Statistics (2023) |
|---|---|---|
Batch size | 253 | 399 |
Number of recruiters | 77 | 124 |
Number of PPOs | NA | 76 |
the highest domestic package | INR 32.21 LPA | INR 35.50 LPA |
the highest international package | NA | INR 67.00 LPA |
Average package | INR 16.17 LPA | INR 17.30 LPA |
Median package | INR 15.50 LPA | INR 16.50 LPA |
The first batch of IPM at IIM Ranchi was started in 2021 and it will end in the year 2026. Therefore, the placements did not take place yet. But according to the reviews provided by verified students of IIM Ranchi, the placement drive for IPM students will be the same as for students pursuing MBA from IIM Ranchi because, at the end of IPM, students will be awarded an MBA degree.
MBA placements at IIM Ranchi are as mentioned below:
Particulars | MBA Placement Statistics (2022) | MBA Placement Statistics (2023) |
|---|---|---|
Batch size | 253 | 399 |
Number of recruiters | 77 | 124 |
Number of PPOs | NA | 76 |
Highest domestic package | INR 32.21 LPA | INR 35.50 LPA |
Highest international package | NA | INR 67.00 LPA |
Average package | INR 16.17 LPA | INR 17.30 LPA |
Median package | INR 15.50 LPA | INR 16.50 LPA |
For more details visit: IIM Ranchi Placements
Top companies which participated in the IIM Ranchi placements 2023 include Microsoft, Tolaram, DHL, Maruti Suzuki, Asian Paints, Rockwell Automation, More, DFM Foods ltd., AbInBev, Bandhan Bank, Citibank, HSBC, JP Morgan Chase & Co., Nomura, RBL Bank, SBICAPS, Vivriti, Wells Fargo, Accenture, American Express, Axis Bank, Capegemini, EXL, Falabella, Indiamart, Latentview, MAQ Software, Cognizant, Deloitte, EY, IHX, Infosys Consulting, LEK, McKinsey & Company, Mphasis, Positive Modes, Amazon, Berger, CJ Darci, Genpact, LT, Solutions, State Street, TATA Steel, UltraTech Cement, Accenture, Aliens Group, Amara Raja, Bajaj, Bharat Petroleum, Birla White, Yes Bank, among others.
Also Read:
- IIM Ranchi Placements 2023: MBA
- MBA Placements: Highlights
- IIM Ranchi Placements 2023: MBA HR
- MBA HR Placements: Highlights
- IIM Ranchi Placements 2023 vs 2022 vs 2021
IIM Ranchi Placements 2023: MBA
To the batch of 2023 students of IIM Ranchi, 124 companies made offers to 399 students of MBA programmes. About 76 PPOs were rolled out for this batch. In the MBA programme, there was a rise of 7.2% in average CTC and a 62.3 % increase in number of companies visiting the campus.
MBA Placements: Highlights
heck below the highest and average salary offers made to MBA students in the IIM Ranchi final placements 2021-23.
| CTC offers |
Salary Figure |
|---|---|
| Highest domestic CTC |
INR 35.50 LPA |
| Highest international CTC |
INR 67.00 LPA |
| Average CTC |
INR 17.30 LPA |
| Median CTC |
INR 16.50 LPA |
| Average of top 10% |
INR 30.00 LPA |
| Average of top 25% |
INR 24.00 LPA |
IIM Ranchi Placements 2023 vs 2022 vs 2021
IIM Ranchi had not recorded international offers in 2021 and 2022, but this year overseas offers were reported during the final placements. The institute has however, been constantly seeing an increase in the average salary offers in both MBA and MBA HR programmes. Check the table below for salary data (MBA) of last three years.
| Features |
2023 |
2022 |
2021 |
|---|---|---|---|
| Highest International CTC |
INR 67.00 LPA |
-- |
--- |
| Highest Domestic CTC |
INR 35.50 LPA |
INR 32.21 LPA |
INR 26.50 LPA |
| Average CTC |
INR 17.30 LPA |
INR 16.17 LPA |
INR 14.69 LPA |
| Median CTC |
INR 16.50 LPA |
INR 15.50 LPA |
INR 14.95 LPA |
| Top 25% CTC |
INR 24.00 LPA |
INR 22.02 LPA |
INR 18.85 LPA |
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Student Forum
Anything you would want to ask experts?Answered a month 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.
N
Guide-Level 15
Answered a month ago
Yes, aspirants must pass CAT for admission in IIM Ranchi. Students must meet the cutoff requirement. CAT holds the maximum weightage of 65% in the selection process. Selected candidates have to register for JAP to be considered for PI round. CAT cutoff percentile is competitive. In 2025, overall per
N
Guide-Level 15
Answered a month ago
Students pursuing any of the MBA specialisations or IPM course can apply for Merit-cum-Means scholarship at IIM Ranchi. The scholarship value is around INR 1 Crore every year. This scholarship is offered to meritorious and financially-weak students.
N
Guide-Level 15
Answered a month ago
Aspirants must pass graduation or equivalent with a minimum of 50% aggregate to apply for Executive MBA course at IIM Ranchi. Candidates also need to have at least three-year of full-time work experience to apply.
N
Guide-Level 15
Answered a month ago
Candidates can accept offer for any one MBA specialisation only at IIM Ranchi. Suppose a candidates gets an offer for MBA-BA in the first round and waitlisted for MBA and chose to accept the MBA-BA after fee payment. If the candidate now receives an offer for MBA after 15 days, he or she can choose
N
Guide-Level 15
Answered a month ago
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.
N
Guide-Level 15
Answered a month ago
For placements at the Indian Institute of Management Ranchi one has to put in their best efforts with recruiters looking through not only one's academic performance over their semester but as well as interviews, GD, etc.
Thankfully the insitute conducts workshops and training for pre-placements such
C
Contributor-Level 8
Answered a month ago
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 pa
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Contributor-Level 8
Vipra Shrivastava is MA in English Literature from Delhi University with extensive experience in content writing of over 14 years. She has been handling content for Management, Accounting and Commerce streams for 8
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