What is IIM Ranchi known for?

 What is IIM Ranchi known for?

Trying to choose the best IIM campus in India for your career goals? IIM Ranchi is one of your viable options, considering their reputation, ranking and relatively low course fees. Under IIM Act 2017, IIM Ranchi has been designated as an institute of national importance. Flagship courses from IIM Ranchi include MBA and IPM, and the institute has a particularly stellar reputation for their HR courses. If you find a course you’re looking for at IIM Ranchi and meet the eligibility criteria, you may certainly consider applying. 

So, how does IIM Ranchi fare compared to other management institutes in India? As per the NIRF 2022 rankings released on the 15th of July, IIM Ranchi bagged the 15th rank under the management category. This is a huge improvement compared their performance in the NIRF 2022 rankings, where had ranked 21st.  

Besides important details like fees, this article will also help you get an understanding of what makes IIM Ranchi special. 

Best things about IIM Ranchi

Before you apply for admission to any institute, it’s important to check out its highlights and what it’s famous for. As mentioned earlier, is one of the top autonomous business schools in India. Here are some of the highlights regarding this institute:

  • Fees: The IIM Ranchi fees for an MBA course is INR 17.20 lakhs in total. This makes relatively more affordable than other IIM institutes out there. Moreover, also offers government-sponsored scholarships on the basis of needs and merit. 
  • Ranking: ’s ranking makes them one of the most preferred management institutes too. Besides moving up the NIRF management institute rankings from 2021 to 2022, also ranked 10th in the Outlook ICARE 2021 survey on the top 30 management institutes in India. 
  • MoUs: has also entered an MoU with two leading NGOs working for the betterment of tribal people, and has set up a dedicated centre for tribal studies. Moreover, the institute also signed an MoU with AIIMS Deogarh to work together in the field of research. 

What courses can you go for at IIM Ranchi?

IIM Ranchi offers a variety of management courses under six different programme categories in 2022. These include:

  • MBA-HR: The institute is particularly well-known for its MBA course in the field of Human Resources. Reputed companies like Flipkart, Deloitte, Samsung, Aditya Birla Capital, etc. offer excellent placement opportunities.
  • MBA: This two-year residential program is one of the flagship courses offered at The institute admits only 185 students for this program, selected via stringent CAT and WAT examinations. 
  • IPM: The Integrated Programme in Management (IPM) is yet another flagship course at IIM. This 5-year full-time course takes a multidisciplinary approach and is quite comprehensive. 
  • Executive programmes: offers six different executive programmes – MDP, FDP, EPBABI, CPBABI, CPGM, and executive MBA. 
  • MBA-BA: The institute also offers an MBA in business analytics that covers modern data sciences and helps build managerial skills. The course has already attracted lucrative placement offers for 2023, with a highest stipend of INR 2.43 lakhs per month. 
  • Doctoral and post-doctoral programmes: You may also pursue a Ph.D., executive Ph.D., post-doctoral fellowship in management, and Emeritus fellowship in management at. 

As long as you meet the cutoff and other criteria, feel free to apply there for a course in the field of management. Considering the lucrative placement opportunities, it would be well worth the time and effort. 

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