IIM Ranchi - Indian Institute of Management Answered Questions

The cost of IIM Ranchi MBA is INR 17.50 lakh which includes acceptance fee, tuition fee, caution deposit and Alumni fee.Component-wise bifurcation of the total fee is as mentioned below:ComponentFeeAcceptance feeINR 1.10 lakhTuitiuon FeeINR 16.10 lakh*Caution DepositINR 20,000 (refundable)Alumni FeeINR 10,000TotalINR 17.50 lakh*Tuition fee will be paid in 6 equal instalments of INR 2.85 Lacs for each term except the 1st instalment will be of INR 1.85 lakh because the Acceptance Fee will be treated as tuition fee for 1st instalment.In addition to the above-mentioned fee, mess expenses will be paid INR 27,000 per term.

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:ParticularsMBA Placement Statistics (2022)MBA Placement Statistics (2023)Batch size253399Number of recruiters77124Number of PPOsNA76Highest domestic packageINR 32.21 LPAINR 35.50 LPAHighest international packageNAINR 67.00 LPAAverage packageINR 16.17 LPAINR 17.30 LPAMedian packageINR 15.50 LPAINR 16.50 LPAFor more details visit: IIM Ranchi Placements 

The total tuition fee at IIM Ranchi for IPM is INR 15.48 Lacs divided equally in 9 installments. In addition to tuition fee, students also have to make following one time payments:ParticularsFeeCaution Deposit (Refundable)INR 20,000Alumni FeeINR 10,000Student Activity FeeINR 15,000Total Tuition FeeINR 15.48 lakhTotal FeeINR 15.93 lakhApart from above charges, the candidate also have to pay application fee which is as mentioned below:CategoryApplication FeesGeneral, EWS& NC-OBCINR 2,500SC, ST & DAPINR 1,250

To be eligible for admission in IPM of IIM Ranchi, candidates must have passed Class 12 and Class 10 with minimum 60% aggregate for General & 55% for SC/ST/PwD.Additionally, from 2023 and onwards IIM Ranchi will only be accepting IPMAT score for admission.

According to the reviews and ratings provided by verified students of IIM Ranchi, IPM at IIM Ranchi has got a positive response. One verified student of IIM Ranchi wrote that the Institute provide 100% placements with an average package of up to INR 16.17 lakh. The top recruiters mentioned by students were Cognizant, JP Morgan, Accenture, Flipkart, etc. While another student praised the faculty and infrastructure.According to NIRF Report 2023, IIM Ranchi stands at 24th rank in the Management category, however in the year 2022, it was at 15th position and prior to that at 21st position.The total tuition fee at IIM Ranchi for IPM is INR 15.48 Lacs divided equally in 9 installments. Caution deposit of INR 20,000, Alumni Fee of INR 10,000, and Student Activity fee INR 15,000 is not included in the tuition fee and have to be paid along with the 1st installment.

During the MBA placements of IIM Ranchi in 2023, the highest salary package offered internationally was INR 67.00 LPA, while the highest domestic package stood at INR 35.50 LPA. Additionally, the average package offered during the placements was INR 17.30 LPA. The campus witnessed a total of 124 visiting companies, and 76 pre-placement offers (PPOs) were made during the process.

Integrated Program in Management Aptitude Test (IPMAT) is a national level integrated BBA entrance exam. The exam is conducted by the prestigious Indian Insitute of Mangement, Indore (IIM Indore). The first IPMAT exam was conducted in the year 2011. IPMAT was inititally accepted only for admission to the five year integrated management programme (IPM) offered by IIM Indore.  IPM is a combination of a Bachelor's degree and a Master's degree (under the dual-degree programme) and is designed for students who wish to make a career in the management field after completing their Class 12. From 2022 onwards, the Indian Institute of Foreign Trade (IIFT) also started to accept IPMAT scores for admission to its Integrated Programme in Management. Candidates will be awarded Bachelor of Business Administration (Business Analytics) and Master of Business Administration (International Business) at the completion of the programme.Later, in 2023, IIM Indore announced that the IPMAT scores will be accepted by few other institutes too for admission to their BBA programme. Institutes such as the Indian Institute of Ranchi,  Alliance University,  Indian7 University,  Department of Management Studies, NALSAR University of Law and Institute of Management, Nirma University will also accept IPMAT scores for admission to the Integrated Programme in Management (IPM). So to answer your question, yes, IIM Ranchi will also accept the IPMAT scores which is conducted by the Indian Insitute of Management, Indore. The IPM programme at IIM Ranchi is designed to provide a multidisciplinary foundation borrowing from humanities, social sciences, arts, and sciences. Earlier, SAT scores were also accepted by IIM Ranchi, but 2023, this has been changed to only IPMAT scores. 

No, candidates who have filled out the CAT form are not required to fill out any other form for IIM Ranchi. The candidate can select which IIM he/she wants to apply for during the form-filling process.The CAT score will be sent to all the IIMs selected by the candidate and then the IIMs will shortlist the candidate based on that score.If the candidate qualifies for the CAT cutoff, he/she will receive an email from the IIMs regarding the further process.CAT forms are available on its official site iimcat.ac.in from August till September of that particular year and the exam is conducted in the month of November.

The IIM Ranchi MBA Cutoff 2023 was 92 percentile for the General Category, with sectional cutoffs of 70 percentile each.For category-wise cutoff percentile please refer to the table given below:ParticularsCutoff PercentileQuantitative Aptitude (QA)General: 70NC-OBC: 45SC: 35ST: 32.5EWS: 40DAP: 32.5Data Interpretation & Logical Reasoning (DILR)General: 70 NC-OBC: 45SC: 35ST: 32EWS: 40DAP: 32Verbal & Reading Comprehension (VA RC)General: 70 NC-OBC: 45SC: 35ST: 25EWS: 40DAP: 25Total Percentile (Overall)General: 92NC-OBC: 74SC: 54ST: 40EWS: 70DAP: 40Please note that the cutoffs mentioned above are the qualifying cut-offs released by IIM Ranchi.