IIM Ranchi - Indian Institute of Management Fees

Yes, even if you come from a financially disadvantaged background, you can still study an MBA at an Indian Institute of Management (IIM). Numerous students from all economic backgrounds are admitted to IIMs with success, and there are various initiatives in place to assist them during their academic journey. IIMs provide a range of merit- and need-based scholarships that can drastically lower tuition. Furthermore, a large number of banks and other financial organisations offer student loans designed especially for MBA programs, frequently with advantageous terms and choices for repayment beginning after graduation. In addition, IIMs adhere to government-mandated reservation guidelines for economically disadvantaged sections (EWS), which may present greater chances for students from less affluent families.

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.