IIM Ranchi Placements 2023: Highest CTC INR 35.50 LPA; Average CTC INR 17.30 LPA

Vipra
Vipra Shrivastava
Senior Manager - Content
3 mins readUpdated on Jul 12, 2023 18:54 IST

In the IIM Ranchi placements 2023, the highest CTC stood at INR 35.50 lakh per annum in MBA. In the MBA-HR batch, the highest CTC stood at INR 32.30 lakh per annum. Check IIM Ranchi final placement report 2023 here. 

IIM Ranchi placements

IIM Ranchi final placements of MBA and MBA HR 2021-23 witnessed successful placement of 468 students. The institute completed is final placement process of MBA and MBA HR batches with 154 companies recruiting students in various job roles across domains such as Sales & Marketing, Strategy & Consulting, Operations, IT Analytics and Finance.

In the IIM Ranchi placements 2023, the highest CTC stood at INR 35.50 lakh per annum in MBA and INR 32. 20 lakh per annum in MBA HR programmes. The average CTC stood at INR 17.30 lakh per annum in MBA and INR 16.30 lakh per annum in MBA HR. This year, international offers were also made during the final placements. The highest international salary for IIM Ranchi stood at 67.00 lakh per annum.

Q:   Who are the top recruiters at IIM Ranchi?

A:

About 124 companies visited the campus, and 76 PPOs were made during IIM Ranchi MBA placements 2023. The top recruiters during the placements 2023 are Accenture, Tata Steel, Adani, Wipro, EY, BCG, Microsoft, Capgemini, Godrej Consumer Products, McKinsey & Company, etc.

Q:   What is the highest package of IIM Ranchi MBA?

A:

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.

Q:   How are placements at IIM Ranchi?

A:

IIM Ranchi placements 2023 have been concluded, and 399 students receiving job offers from 124 recruiters. IIM Ranchi the highest package offered was INR 67 LPA. The key highlights of IIM Ranchi MBA placements 2023 as compared with 2022 are presented in the below-mentioned table:

Particulars

MBA Placement Statistics (2022)

MBA Placement Statistics (2023)

Batch size

253

399

Number of recruiters

77

124

Number of PPOs

NA

76

the highest domestic package

INR 32.21 LPA

INR 35.50 LPA

the highest international package

NA

INR 67.00 LPA

Average package

INR 16.17 LPA

INR 17.30 LPA

Median package

INR 15.50 LPA

INR 16.50 LPA

Top companies which participated in the IIM Ranchi placements 2023 include Microsoft, Tolaram, DHL, Maruti Suzuki, Asian Paints, Rockwell Automation, More, DFM Foods ltd., AbInBev, Bandhan Bank, Citibank, HSBC, JP Morgan Chase & Co., Nomura, RBL Bank, SBICAPS, Vivriti, Wells Fargo, Accenture, American Express, Axis Bank, Capegemini, EXL, Falabella, Indiamart, Latentview, MAQ Software, Cognizant, Deloitte, EY, IHX, Infosys Consulting, LEK, McKinsey & Company, Mphasis, Positive Modes, Amazon, Berger, CJ Darci, Genpact, LT, Solutions, State Street, TATA Steel, UltraTech Cement, Accenture, Aliens Group, Amara Raja, Bajaj, Bharat Petroleum, Birla White, Yes Bank, among others.

Also Read:

IIM Ranchi Placements 2023: MBA

To the batch of 2023 students of IIM Ranchi, 124 companies made offers to 399 students of MBA programmes. About 76 PPOs were rolled out for this batch. In the MBA programme, there was a rise of 7.2% in average CTC and a 62.3 % increase in number of companies visiting the campus.

MBA Placements: Highlights

heck below the highest and average salary offers made to MBA students in the IIM Ranchi final placements 2021-23.

CTC offers

Salary Figure

Highest domestic CTC

INR 35.50 LPA

Highest international CTC

INR 67.00 LPA

Average CTC

INR 17.30 LPA

Median CTC

INR 16.50 LPA

Average of top 10%

INR 30.00 LPA

Average of top 25%

INR 24.00 LPA

IIM Ranchi Placements 2023: MBA HR

The MBA HR batch of 62 students were offered jobs by 29 companies. In the HR, maximum offers came from Manufacturing (23.30 per cent). This year, the MBA HR batch placements recorded 4.2 % increase in average CTC offer.

MBA HR Placements: Highlights

In IIM Ranchi final placements 2023, the MBA HR batch recorded highest CTC of INR 32.20 lakh per annum and average CTC of INR 16.20 lakh per annum. Check below salary highlights:

Category

CTC

Highest CTC

INR 32.20 LPA

Average CTC

INR 16.30 LPA

Median CTC

INR 16.00 LPA

Average CTC of top 10%

INR 25.60 LPA

Average CTC of top 25%

INR 22.40 LPA

IIM Ranchi Placements 2023 vs 2022 vs 2021

IIM Ranchi had not recorded international offers in 2021 and 2022, but this year overseas offers were reported during the final placements. The institute has however, been constantly seeing an increase in the average salary offers in both MBA and MBA HR programmes. Check the table below for salary data (MBA) of last three years.

Q:   What are the placements for IPM at IIM Ranchi?

A:

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:

Particulars

MBA Placement Statistics (2022)

MBA Placement Statistics (2023)

Batch size

253

399

Number of recruiters

77

124

Number of PPOs

NA

76

Highest domestic package

INR 32.21 LPA

INR 35.50 LPA

Highest international package

NA

INR 67.00 LPA

Average package

INR 16.17 LPA

INR 17.30 LPA

Median package

INR 15.50 LPA

INR 16.50 LPA

 For more details visit: IIM Ranchi Placements

Features

2023

2022

2021

Highest International CTC

INR 67.00 LPA

--

---

Highest Domestic CTC

INR 35.50 LPA

INR 32.21 LPA

INR 26.50 LPA

Average CTC

INR 17.30 LPA

INR 16.17 LPA

INR 14.69 LPA

Median CTC

INR 16.50 LPA

INR 15.50 LPA

INR 14.95 LPA

Top 25% CTC

INR 24.00 LPA

INR 22.02 LPA

INR 18.85 LPA

Read More:

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About the Author
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Vipra Shrivastava
Senior Manager - Content

Vipra is a massive Breaking Bad fan. When not watching crime drama series, she spends time in updating the list of places she wants to visit and people she wants to meet, but she is happiest in the company of dogs. ... Read Full Bio

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Student Forum

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Write here...

Answered 2 weeks ago

If you have global affiliations and opportunities in the USA, then UCLA is the one for you, albeit for a very hefty cost. 

 

Go for IIM Ranchi to gain a very cost-effective Indian or greater Asian job market education while you want faster ROI. 

 

Both options are excellent; however, one's choice should

...more

R

Ritik Kumar

Beginner-Level 5

Answered 3 weeks ago

Here's the latest cutoff information for the Integrated Programme in Management (IPM) at IIM Ranchi for 2024:

Latest Cutoff Information (2024)

CategoryFinal Score
General93
EWS77.5
NC-OBC65
SC49
ST30
DAP11.5
 

These cutoffs are based on the IPMAT Indore scores, and additional rounds like WAT (Written Ability Test) and PI (Personal Interview) also influence the final

...more

7045056
Soham Khan

Contributor-Level 6

Answered 2 weeks ago

Met the cutoff scores for shortlisting of candidates in Integrated Programme in Management (IPM) at IIM Ranchi-the Indian Institute of Management at Indore-this is IPMAT. This is the short name of Integrated Programme in Management in IIM Ranchi.

In the case of minimum cutoffs, the following are the

...more

A

Arindam Modak

Contributor-Level 9

Answered 3 months ago

IIM Ranchi's final CAT cutoff 2023 was 94 percentile for the General category students. Cosidering the previous year's trends, it is estimated that the final CAT cutoff 2024 for IIM Ranchi will range between the 94 and 95 percentile. Apart from IIM Ranchi, candidates can also get admission to IIM Ra

...more

N

Neha Arora

Contributor-Level 10

Answered 3 months ago

IIM Ranchi cutoff 2024 is yet to be released soon after CAT 2024 results. IIM Ranchi generally releases two types of cutoffs, the first is qualifying and the second is, the final cutoff for WAT/PI. As per the IIM Ranchi CAT cutoff 2023, the final cutoff for WAT/PI stood at 94. Similarly, for 2022 an

...more

Y

Yatendra Kumar

Contributor-Level 10

Answered 2 months ago

Both IIT Bombay and IIM Ranchi are top-ranked institutes in India. Getting selected in any of these is a great opportunity for the student. However, comparing these two one can decide which one to choose for admission. Below is the comparison of IIT Bombay and IIM Ranchi MBA programme on various par

...more

N

Nishtha Shukla

Contributor-Level 10

Answered 3 months ago

The total tuition fees for MBA courses at IIM Ranchi range from INR 15.5 lakh to INR 17.2 lakh. On the other hand, the tuition fee for MBA courses at FMS Delhi is INR 2 lakh. Hence, pursuing an MBA from FMS Delhi is more affordable/ economical compared to IIM Ranchi. However, the fees can be one fac

...more

V

Vishakha

Contributor-Level 10

Answered 3 months ago

IIM Ranchi CAT Cutoff 2024 will be released soon after the declaration of the CAT 2024 result. For the past 3 years, the CAT percentile cutoff has remained 94. Looking at the past years' trend, there is a high probability of the CAT percentile cutoff to fall between 94-97. 

IIM Ranchi admission 2025 

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N

Neha Arora

Contributor-Level 10