The MBA program at IIM Ranchi is designed to provide comprehensive business education with a focus on practical and industry-relevant skills. Admission to the program requires candidates to undertake the CAT exam, typically needing a percentile of 95-97+ for the general category, although the 2023 cutoff was 92 percentile. The admission process involves a Common Admission Process (CAP) with interviews held between February and March. The total application fee for CAT is around INR 2000, and admission confirmation requires an additional fee of approximately 1 lakh INR.
The MBA program spans two years, with a total fee ranging from INR 17.5 to 19 lakhs, inclusive of hostel fees, plus mess charges of INR 27,000 per trimester. Scholarships such as 'Means cum Merit' and educational loans up to INR 40 lakhs are available to support students financially. The faculty at IIM Ranchi are highly experienced PhD holders, maintaining a 1:10 faculty-to-student ratio to deliver personalized learning. The curriculum is updated regularly, emphasizing case-based and practical learning.
IIM Ranchi boasts a robust placement record, achieving 100% placement for its 2022-24 and 2023-25 batches. Over 180 companies visit annually, with top recruiters like JP Morgan & Chase, Titan, and BMW. The highest placement package is 43 LPA, with average packages ranging from 20-25 LPA. The college offers well-organized placement processes with strong alumni networks aiding in opportunities. Overall, IIM Ranchi provides a valuable investment for students seeking a strong return on their educational pursuits.
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