IIM Ranchi - Indian Institute of Management, Ranchi - Reviews

Ranchi, JharkhandAutonomous UniversityEstd 2009
#7 For MBA By Outlook 2024  
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Why To Join IIM Ranchi - Reviews & Rating

4.5
& Win Monthly Prizes Up to ₹1 Lakh/-*
5(15%)
4(4%)
3(0%)
2(80%)
1(1%)

Academic
4.3
Faculty
4.7
Infrastructure
4.1
Accommodation
4.5
Social Life
4.8
Placement
4.7

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Placement Experience:

Our college provides placement assistance to all students. Companies start visiting the campus for the final year placements & the summer internship placement for 1st-year students around their 5th & 2nd semester respectively. More than 100 companies come & visit for the campus placement including Bain & Company, American Express, Accenture, Infosys, Airtel, and many more for the profiles of consultant, data analyst, financial analyst, business analyst, marketing manager, etc. Official figures of the average & highest package are not yet revealed for this year, but as per previous year average package was around 15 lakhs, median around 14.5 lakhs, and the highest was around 30 lakhs for final year students. For summer internships, the average stipend was around Rs. 80,000-90,000 for 2 months. The placement record for IIM Ranchi is incredible with 100% placement.

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RACHIT MAHESHWARI MBA, Business Analytics (Enrolled 2021) Reviewed on Feb 7, 2022
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Placement Experience:

We have a dedicated placement body known as the Corporate Relations and Placement Committee that handles all the placement work. The average package goes around 23-24 lakhs and the highest is around 50+ lakhs. Organizations such as McKinsey, Accenture, Tata, Bain, Deloitte, etc provide roles in sales, research, banking finance, consulting, and IT analytics. 100% placements are achieved in IIM Ranchi.

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Akash Bhardwaj MBA, Marketing (Enrolled 2021) Reviewed on Jan 21, 2022
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Placement Experience:

The placements of the college are excellent with good year on year growth in numbers. The mean and median of this year students would have grown by double digit. IIM Ranchi is one among the few colleges to finish their summer placements early with a good average package. The finals saw nearly 100-150 companies visiting and summers saw nearly 200 companies.

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Sushruth MBA, Business Analytics (Enrolled 2021) Reviewed on Jan 18, 2022
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Placement Experience:

There is 100% placement assurance and assistance from the college. For the current batch, the placements had been phenomenal with a significant increase in the mean and the median salaries and the highest is somewhere around 33 LPA for the detailed placement figures placement reports will be published as well.

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AMAN RAJ MBA, General (Enrolled 2021) Reviewed on Jan 13, 2022
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Ipm in detail

4.9Helpful

Placement Experience:

The placement at IIM Ranchi is 100%. Usually, people get placed during the summer internship. Some of the companies are Capgemini, Infosys, DELL Technologies, Mahindra & Mahindra, Vedanta, Accenture, Deloitte, etc. There are over 90 companies visiting the campus. The highest domestic package for this year was 29 lakh the highest international package was 60 lakh and the average was 15 lakh. My plan is to work for a consultancy company after my MBA.

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sahil solanki IPM, (Enrolled 2021) Reviewed on Nov 3, 2021
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Placement Experience:

IIM Ranchi achieved 100% placements. For the MBA batch of 2019-21, 128 recruiters visited the campus and 201 offers were made. The highest CTC offered was 26.50 LPA, the average and median CTC stood at 14.69 and 14.95 respectively. Some of the prominent associations include Deloitte, KPMG, TATA Steel, Mahindra & Mahindra, Capgemini, Infosys. Some of the profiles that were offered include Product Management, Business Analyst, Supply Chain Management, Business Strategist.

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GAURAV BAJPAI MBA, General (Enrolled 2021) Reviewed on Sep 14, 2021
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Placement Experience:

The placement coordination is looked after by the students of the Indian Institute of Management Ranchi itself. We have a dedicated student body called Corporate Relations and Placement Committee which looks after the same. There are in total three batches for which placement takes place, namely Master of Business Administration Core, Master of Business Administration in Human Resource Management and Master of Business Administration in Business Analytics. The Summer Internship Placement takes place throughout the year for first-year students and throughout the year for the second year student students for Final Placements. The average Cost-to-Company is around 14.4 lakhs per annum & the median is approximately 14.3 lakhs per annum. Placement for MBA core mainly takes place in domains like Finance, Consulting, Marketing and IT Analytics. 100% placement is reached with companies like Bain, Capgemini, Tata Steel, Mahindra, KPMG, Deloitte, Adani Wilmar, Birlasoft, Aditya Birla visiting

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Moinak Ghosh MBA, General (Enrolled 2021) Reviewed on Sep 14, 2021
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IIM Ranchi

4.3Helpful

Placement Experience:

College provides Campus placements and Summer Internship opportuities with 80 + companies visiting the campus, for recruitment. Companies provide a variety of job opportunities in field of Finance, Sales an Marketing, Operations, General Maanagement, HR.

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Chetan Sehgal MBA, General (Enrolled 2014) Reviewed on Aug 30, 2021
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Placement Experience:

From Term 2 students are eligible for placements. Asian Paints, Godrej, ABG, Cognizant, Deloitte, TATA Steel, Tredence are mass recruiters. Package details as per placement report of 2021: Highest package: 26lakh, Average: 15lakh, 100% placement. Work as Management Trainee in some reputed MNC.

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Anonymous MBA, General (Enrolled 2021) Reviewed on Aug 19, 2021
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Remarks:

The Placements figures were impressiveReputation was better amongst the peer IIMsAlumni base is really vast and goodOverall i took advice from many people who were experienced professionals of the field and they advised me to go for the same

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Swarnim Mishra MBA, General (Enrolled 2019) Reviewed on Jun 29, 2021
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IIM Ranchi: 4 Answered Questions

What are reviews of the PGDHRM program at IIM Ranchi?

Sonal Vaid
Gaurav YadavStudied at the Indian Institute of Management Ranchi

There has been a lot of talk and misconceptions about whether the PGDHRM is as good as XLRI TISS or any other 'HR institute'. The PGDHRM stands out due to its unique curriculum and ideology. It is recognized that HR is not just about soft skills, and the course has been designed to be futuristic and not obsolete like some peer institutes.

  • The PGDHRM has several courses in quantitative analytics and HR analytics, taught by industrialists and professors from IIM A. These courses include lectures on IBM cognitive intelligence, tableau, statistical tool R, and SPSS.
  • One of the best parts of the PGDHRM is that it has visiting professors from top institutes such as IIM A, B, C, L, I, XLRI, TISS, and GIMS, as well as senior specialists from ILO and the former Economic Times’ chief editor.
  • The PGDHRM also has a special alliance with the Tata Steel Adventure Foundation, which offers a unique leadership experience. As part of this program, students had the opportunity to meet the first woman to reach the summit of Mt. Everest, Bachendri Pal.
  • Placement opportunities at the PGDHRM are reportedly higher than those at other institutes and are expected to increase in the coming years. However, the institute places a greater emphasis on instilling a curiosity to learn rather than acting as a placement shop.

While the campus infrastructure may need some improvement, the hostels at the National Games Complex are reportedly very nice. Ultimately, it is students' actions and what they learn that define them, not the physical campus or facilities.

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How good are the placements in IIM Ranchi?

Harleen SethiStudent Mentor at Catking

During the MBA placements season at IIM Ranchi in 2022, the highest and average packages offered were INR 42 LPA and INR 16.62 LPA, respectively. A total of 77 companies visited the campus for recruitment, with 21 specifically visiting for MBA HR placements. The highest and average packages offered during MBA HR placements were INR 32.21 LPA and INR 15.63 LPA, respectively.

Top recruiters included Amazon, Ernst & Young, JP Morgan Chase & Co, Thomson Reuters, KPMG, IBM, Deloitte, Flipkart, PeopleStrong, Sony Pictures, Samsung, Aditya Birla Group, L&T, GAIL, ONGC, Michael Page, Cadila Pharmaceuticals. The top sectors for recruitment were finance, operations, strategy and consulting, IT analytics, sales, and marketing.

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Is MBA in HRM a good option in terms of academics and placements from the new IIMS? I have heard that only IIM Ranchi is good for HRM.

Shrishti AroraMBA aspirant

Many of the old and new IIMs do not place as much emphasis on HR jobs or electives as XLRI and TISS. If you took a few HR electives and graduated from an old IIM, you may still be able to secure a decent HR job. However, attending XLRI or TISS would likely be a more practical choice for someone interested in a career in HR. New IIMs, including IIM Ranchi and IIM Indore, which now offer PGP HRM programs, tend to have fewer top general management or consulting roles available and almost no great HR roles. 

An MBA in HRM is generally considered most useful from XLRI, TISS, SCMHRD, XIMB, and MDI. If you are considering an MBA in HR from IIM Raipur, Udaipur, Sambalpur, Jammu, Nagpur, Bodh Gaya, Trichy, or Vizag, it may not be the best decision.

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How do you rate getting an MBA from a new IIM like IIM Ranchi or IIM Trichy? Should one wait a year and try getting into better B schools instead?

Anamica AgarwalPh.D from Indian Institute of Management Ranchi (Graduated 2017)

IIM Ranchi's MBA placement drive for 2022 saw 77 companies visit the campus for recruitment. The highest and average packages offered during this placement drive were INR 42 LPA and INR 16.62 LPA, respectively.

IIM Trichy's final placement report for 2022 showed that the institute attracted over 110 industry giants who offered a variety of job roles in Sales & Marketing, Finance, Consulting, IT & Analytics, Operations, and HR. The highest and average packages offered during this placement drive were INR 34 LPA and INR 17.01 LPA, respectively.

There are several ways to compare the quality of MBA programs at new IIMs such as IIM Ranchi and IIM Trichy. One method is to look at student performance and perception as reflected in B-school surveys. You can also try finding information about the experiences of graduates from these institutes. Another way to gauge the quality of an MBA program is to look at the performance of students in competitions, such as recruitment challenges, quizzes, paper presentations, and management fests. While these events can provide insight into student abilities, they may not necessarily reflect the capabilities of the faculty at a given institute.

To get a better understanding of the faculty of an MBA program, you may want to consider the learning approach of the program. A good MBA program will have faculty members who have both studied the subject area extensively and have practical experience in the field. You can also look at the clubs and events related to marketing at the institute, as well as any visiting faculty, guest lectures, workshops, or training that have been held in the last one to two years. A reputable institute should make this information publicly available.

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