IIM Ranchi Average Package

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IIM Ranchi Average Package provides insight into the potential financial prospects for graduates from IIM Ranchi. As a key indicator of post-graduation success, understanding the average package can greatly influence one’s decision to pursue a management education at this esteemed institution. Let’s delve into the details of the average placement packages and the promising career opportunities that await students at IIM Ranchi.

IIM Ranchi

IIM Ranchi Highlights

ParticularsStatistics
Year of Establishment2009
Campus Size60 acres
Students Intake185 (MBA)
MBA FeesINR 17,50,000
NIRF Ranking 202324
Number of Courses15
Total Faculty62
ScholarshipNot available
Highest Package (2023)INR 67 LPA (International)
Top Recruiting SectorBFSI and IT / ITES
Top RecruitersDeloitte, Aditya Birla Group, Infosys

 

IIM Ranchi Placements 2023 Report

Particulars Placements Statistics (2021-23) Placements Statistics (2020-22)
Number of Recruiters 124 77
Number of PPOs 76
Number of Students 399 253
Highest Package (International) INR 67 LPA
Highest Package (Domestic) INR 35.5 LPA INR 32.21 LPA
Average Package INR 17.3 LPA INR 16.17 LPA
Median Package INR 16.5 LPA INR 15.50 LPA
Top 10% Average Salary INR 30 LPA INR 25.16 LPA
Top 25% Average Salary INR 24 LPA INR 22.02 LPA
Top Recruiters Microsoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&T Google, Dell, Deloitte, Amazon, Wipro, Cognizant, Capgemini

IIM Ranchi Placements 2023 Sector Wise Analysis

IIM Ranchi highest package of INR 67 LPA was offered by Tolaram Group. A total of 59 companies made offers in the placement drive of 2023 at IIM Ranchi: The following table represents the sector wise analysis for the batch 2023 at IIM Ranchi:

Sector CTC Range
BFSI INR 13 – 28 LPA
Consulting INR 11 – 42 LPA
FMCG INR 16 – 20 LPA
Automobile INR 10.5 – 18 LPA
IT INR 11 – 32 LPA
General Management INR 13 – 67 LPA
Others INR 12 – 21 LPA
 

IIM Ranchi BFSI Sector Placements 2023

The BFSI Sector Placements for the IIM Ranchi Batch 2023 are shown in the table below:

Company CTC
American Express INR 22 LPA
Angel One INR 18-20 LPA
Axis Bank INR 14-15 LPA
Bandhan Bank INR 14 LPA
Citibank INR 18 LPA
Crisil INR 13-15 LPA
EXL INR 28 LPA
HDFC Bank INR 13 LPA
HSBC INR 16 – 18 LPA
ICICI Prudential INR 14 LPA
JPMC INR 14 – 27 LPA
Juspay INR 22 LPA
Nomura INR 18 LPA
Oxane INR 17 LPA
State Street INR 20 LPA
Wells Fargo INR 24 LPA
Yes Bank INR 19-24 LPA
 
IIM Ranchi Cut-Off

IIM Ranchi Consulting Sector Placements 2023

The consulting sector placements for the batch 2023 at IIM Ranchi:

Company CTC
Accenture INR 22 – 42 LPA
BCG INR 18 LPA
Capgemini INR 12 – 13 LPA
Cognizant INR 13.25 – 18 LPA
Deloitte INR 13 – 14 LPA
EY INR 11 – 13 LPA
Genpact INR 12-15 LPA
LEK INR 18 – 20 LPA
Mckinsey & Company INR 16 LPA
Positive Moves INR 15 – 17 LPA
ZS Associates INR 21 LPA
 

FMCG Sector Placements 2023

 FMCG Sector placements for the batch 2023 at IIM Ranchi:

Company CTC
Asian Paints INR 16 LPA
Bajaj Electricals Ltd INR 16 LPA
Carlsberg Group INR 18-20 LPA
DFM Foods Ltd INR 20 LPA
Emami INR 18 LPA
Godrej Consumer Products INR 17-20 LPA

IIM Ranchi Placements 2023

IIM Ranchi placements 2023 has been concluded and 399 students receiving job offers from 124 recruiters. IIM Ranchi highest package offered was INR 67 LPA. Highest number of offers were made in the BFSI sector.

Particulars Placement Statistics 2023
Number of Recruiters 124
Highest CTC INR 67 LPA
Average CTC INR 17.3 LPA
Median CTC INR 16.5 LPA
Top Recruiting Sector BFSI (17.7% offers)

Automobile Sector Placements 2023

CompanyCTC
BMWINR 18 LPA
HeroINR 10.5 LPA
Maruti SuzukiINR 14 – 16 LPA
TVSINR 15 LPA

IT Sector Placements 2023

IT Sector placements for the batch 2023 at IIM Ranchi:

Company CTC
09 Solutions INR 15 LPA
Amazon INR 15 – 18 LPA
Comviva INR 13 – 16 LPA
Elasticrun INR 15 LPA
Falabella INR 17 – 32 LPA
HCL Tech INR 11-13 LPA
Infosys INR 16 – 20 LPA
Latentview INR 18 LPA
Microsoft NA

General Management Placements 2023

Company CTC
Adani INR 21-23 LPA
Aditya Birla Group INR 15-18 LPA
Airtel INR 13 LPA
DCM Shriram INR 17 LPA
Tolaram INR 67 LPA

IIM Ranchi Vs IIM Rohtak Vs IIM Raipur

Particulars IIM Ranchi IIM Rohtak IIM Raipur
NIRF 2023 Ranking 24 12 1
Established Year 2009 2009 2010
Campus Area 60 acres 200 acres 200 acres
MBA Batch Size 185 237 252
Admission Process CAT + PI CAT + PI CAT + PI
CAT Cut-off 92 percentile overall 95 percentile overall 92 percentile overall
MBA Fees INR 17,50,000 INR 17,90,000 INR 16,10,960
Curriculum Minimum 110.5 credits and maximum 119.5 credits for two years 22.25 credits in the first year and 50.25 credits in the second year.
Highest CTC INR 67 LPA INR 36 LPA INR 67.60 LPA
Average CTC INR 17.3 LPA INR 18.73 LPA INR 21.04 LPA
 

FAQ's

IIM Ranchi MBA fee is INR 17,50,000 for 2 years which includes all the charges like the tuition fees, hostel fees, acceptance fees, caution deposit, and alumni fees.

IIM Ranchi CAT cut-off for admission into an MBA program is 92 percentile. The cut-off is the same for MBA-HR and MBA-BA.

 IIM Ranchi offers around 15+ courses that include MBA, Integrated MBA, Executive MBA, PhD, Executive PhD, and certificate courses.

For MBA the NIRF 2023 ranking for IIM Ranchi is 24th  in India out of 100 management institutes. 

 Yes, IIM Ranchi does have an International Exchange program. It has a tie-up with institutions like Ural Federal University(Russia), Woosong University(Korea), Alba Graduate Business School(Greece), and many others.

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