IIM Ranchi - Indian Institute of Management Answered Questions

Xavier Institute of Social Service (XISS) Ranchi is a reputable institution offering a Postgraduate Diploma in Management with various specializations. XISS Ranchi has a good track record in placements, with the highest package offered at INR 20.50 LPA and an average package of INR 9.40 LPA. The institute provides facilities like a well-equipped library, hostels, and modern computer labs. XISS Ranchi is managed by the Society of Jesus and aims to excel in academic, research, and social programs. While XISS Ranchi is a respected institution, comparing it directly to IIM Ranchi, which is an Indian Institute of Management, may not be entirely equivalent. IIMs are premier management institutes in India, known for their rigorous academic programs and high placement statistics. Therefore, while XISS Ranchi is a good choice for management education, IIM Ranchi holds a distinct reputation as one of the prestigious IIMs in the country.

Direct admission to IIM Ranchi is not possible as the institute strictly follows the Common Admission Test (CAT) for its admission process. Candidates must take the CAT exam, conducted annually, and achieve a competitive score to qualify for the subsequent stages, including the Written Ability Test (WAT), Group Discussion (GD), and Personal Interview (PI). Admission criteria also consider academic performance, work experience, and diversity factors. The application fee for the CAT exam is INR 2,400 for general category candidates and INR 1,200 for SC/ST/PWD candidates. It is important to prepare thoroughly for CAT and meet all eligibility criteria to enhance your chances of securing admission to IIM Ranchi.

IIM Ranchi is one of the most prestigious IIM  It was ranked seventh by Outlook ICARE, 19th by IIRF, and 24th by NIRF in 2023 in a variety of areas. Over the years, the institute's rankings have showed a trend of volatility. IIM Ranchi collaborates internationally with organisations such as Asian Institute of Technology (Thailand) and Alba Graduate Business School (Greece), in addition to its national rankings. The institution provides a premier MBA programme, with an average cost for the 2023 class of INR 17.5 Lacs and an average placement package of INR 17.3 LPA.

I would recommend choosing IIM Nagpur's MBA Core programme over IIM Ranchi's MBA-HR. While IIM Ranchi is a more established institute, IIM Nagpur has been rapidly growing and attracting top faculty. The average salary for IIM Nagpur's placements was INR 13.21 LPA, higher than IIM Ranchi's INR 9.60 LPA.

Yes, it is worth joining MBA programme at IIM Ranchi. In terms of placements, rise of 8%, 13% and 17% was witnessed in the average package offered during MBA, MBA HR and MBA BA placements 2024 as compared with 2023.Further, the highest and average stipend offered during IIM Ranchi MBA summer placements for the batch of 2023-25 stood at INR 3 Lacs and INR 1.25 lakh, respectively.

The key highlights of IIM Ranchi MBA placements over the past three years are presented below:Particulars MBA Placement Statistics (2022)MBA Placement Statistics (2023)MBA Placement Statistics (2024)Highest packageINR 32.21 LPAInternational: INR 67 LPADomestic: INR 35.5 LPAINR 37.8 LPAAverage packageINR 16.17 LPAINR 17.30 LPAINR 18.69 LPAMedian packageINR 15.50INR 16.50 LPAINR 18 LPATotal PPOsNA7641Total recruiters7712476Particulars MBA HR Placement Statistics (2022)MBA HR Placement Statistics (2023)MBA HR Placement Statistics (2024)Highest packageINR 32.21 LPAINR 32.2 LPAINR 33.97 LPAAverage packageINR 15.63 LPAINR 16.3 LPAINR 18.37 LPAMedian packageINR 15.40 LPAINR 16 LPAINR 18.22 LPATotal PPOsNA1316Total recruiters212933Particulars MBA BA Placement Statistics (2022)MBA BA Placement Statistics (2023)MBA BA Placement Statistics (2024)Highest packageNot ApplicableINR 22.3 LPAINR 34.91 LPAAverage packageNot ApplicableINR 16.40 LPAINR 19.13 LPAMedian packageNot ApplicableINR 16 LPAINR 16.88 LPATotal PPOsNot Applicable66Total recruitersNot Applicable2528

The minimum CAT percentile for IIM Ranchi is around 93. The percentile may ranges between 40 to 75 for the categories such as NC-OBC, ST, SC, etc. Candidate a must qualify the CAT exam to get admission to the MBA programme. Candidates must visit the IIM Ranchi official website to register their candidature and pay the required application fee. The aspirants must have a valid scorecard of the CAT entrance test accepted by IIM Ranchi for admission to a particular course.The candidates must fill out and submit the form before IIM Ranchi last date to apply and also the candidates are advised to check the eligibility criteria of the course before starting the IIM Ranchi registration process.

IIM Ranchi admission 2024 is open for the IPM programme. IPM admission is entirely based on the Integrated Program in Management Aptitude Test (IPMAT) and is conducted by the Indian Institute of Management Indore (IIM Indore). The last date to apply for the 2024-2029 IPM programme at the Indian Institute of Management Ranchi (IIM Ranchi) is April 23, 2024. The IPMAT  exam will be conducted on May 23, 2024.

In Outlook 2021, FMS Delhi is placed 12th out of IIM Ranchi, IMI Delhi, and other institutions. It offers the largest package of INR 58.8 LPA for a reasonable price of INR 1.92 Lacs. According to Outlook 2021, IMI Delhi is placed 10th, with fees of INR 19.2 Lacs and the largest package available at INR 29.7 LPA. With a higher fee of INR 16.2 Lacs and the highest package of INR 26.5 LPA, IIM Ranchi is not ranked in Outlook 2021. Financial concerns, personal tastes, and priorities all play a role in selecting one of these institutions. 

XISS Ranchi MBA fees 2024 is expected to be around INR 8.90 Lakhs for 2 years. XISS Ranchi fees includes the tuition fees, admission fees and security deposit. XISS offers PGDM programme in 4 specializations i.e. Human Resource, Rural management, Marketing, and Finance. The fee structure  for MBA, MBA-HR & MBA-BA programme in IIM ranchi  for the batch 2023-25 will be INR 17.2 lakh (excluding Caution Deposit, Alumni Fee & Mess Expense).So IIM ranchi is more expensive than XISS ranchi