New Updates About Indian Institute of Management (IIM), Ranchi, Jharkhand
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04 October, 2024 : The Indian Institute of Management (IIM) Ranchi is ranked 17th in the National Institutional Ranking Framework (NIRF) India Rankings 2024 for Management.
Indian Institute of Management (IIM), Ranchi, Jharkhand Placement 2024
Latest Updates at IIM Ranchi Placements: IIM Ranchi’s placements 2024 were completely filled as 207 students opted for on campus placements from the 76 top recruiters who participated in the placement drive. The highest package, worth INR 37.80 LPA (International), was provided by IIM Ranchi, while the average package cost INR 18.69 LPA. The median salary at IIM Ranchi was INR 18.0 LPA.
The MBA batch of 2022-24 exceeded expectations, securing lucrative roles across sectors, with an 8.05% rise in the average CTC offered and a 6.48% increase in the highest CTC offered. Leading employers for the institute include Advani, Accenture, AccentureStrategy, Opus, Affinity, Conagra, Amazon have been the top employers this year.
IIM Ranchi Placements 2024 Highlights:
The following table lists the significant achievements of the IIM Ranchi MBA placements in 2024 as compared to 2023:
| Particulars | MBA Placement Statistics (2024) | MBA Placement Statistics (2023) | MBA Placement Statistics (2022) |
| Batch size | 207 | 399 | 253 |
| Number of recruiters | 76 | 124 | 77 |
| Number of PPOs | 41 | 76 | NA |
| Highest domestic package | 37.80 | INR 35.50 LPA | INR 32.21 LPA |
| Highest international package | NA | INR 67.00 LPA | NA |
| Average package | 18.69 | INR 17.30 LPA | INR 16.17 LPA |
| Median package | 18 | INR 16.50 LPA | INR 15.50 LPA |
| Top 10% Average Salary | 29.20 | INR 30 LPA | INR 25.16 LPA |
| Top 25% Average Salary | 24.55 | INR 24 LPA | INR 22.02 LPA |
| Top Recruiters | Advani, Accenture, AccentureStrategy, Opus, Affinity, Conagra, Amazon | Microsoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&T | Google, Dell, Deloitte, Amazon, Wipro, Cognizant, Capgemini |
IIMs Placement Comparison 2024
IIM Ranchi Placements 2024 Sector Wise Analysis
IIM Ranchi the highest package, which was INR 37.80 LPA. 76 firms in all submitted bids for the placement drive at IIM Ranchi in 2024: For the IIM Ranchi class of 2024, the sector-by-sector analysis is shown in the table below:
| Sector | CTC |
| BA | INR 34.91 LPA |
| HR | INR 33.97 LPA |
| Strategy and Consulting | INR 34.91 LPA |
| Finance | INR 37.80 LPA |
| IT and Analytics | INR 32.5 LPA |
IIM Ranchi IT Sector Placements 2024:
The placements in the IT sector for the IIM Ranchi class of 2024 are shown in the following table:
| Field | CTC |
| Highest | INR 32.50 LPA |
| Average | INR 19.10 LPA |
| Median | INR 18 LPA |
| Average of the Top 10% Percentile | INR 26.23 LPA |
| Average of Top 25% Percentile | INR 24.12 LPA |
| Average of the Top 80% Percentile | INR 19.91 LPA |
IIM Ranchi Finance Sector Placements 2024:
The placements for IIM Ranchi 2024 in the financial sector are shown in the following table:
| Company | CTC |
| BMW | INR 18 LPA |
| Hero | INR 10.5 LPA |
| Maruti Suzuki | INR 14 - 16 LPA |
| TVS | INR 15 LPA |
IIM Ranchi General Management Placements 2024:
The placements for General Management for the class of 2024 at IIM Ranchi are shown in the following table:
| Fields | CTC |
| Highest | INR 37.80 LPA |
| Average | INR 18.69 LPA |
| Median | INR 18 LPA |
IIM Ranchi Other Sector Placements 2024:
The remaining sector placements for the IIM Ranchi class of 2024 are shown in the following table:
| Sector: BA | Highest |
| Highest | INR 34.91 LPA |
| Average | INR 19.13 LPA |
| Median | INR 16.88 LPA |
| Average of Top 10 Percentile | INR 33 LPA |
| Average of Top 25 Percentile | INR 27.77 LPA |
| Average of Top 80 Percentile | INR 20.33 LPA |
| Sector: HR | Highest |
| Highest | INR 33.97 LPA |
| Average | INR 18.37 LPA |
| Median | INR 18.22 LPA |
| Average of Top 10 Percentile | INR 24.45 LPA |
| Average of Top 25 Percentile | INR 22.72 LPA |
| Average of Top 80 Percentile | INR 19.71 LPA |
| Sector: Operations | Highest |
| Highest | INR 25.12 LPA |
| Average | INR 17.90 LPA |
| Median | INR 17.75 LPA |
| Average of Top 10 Percentile | INR 22.19 LPA |
| Average of Top 25 Percentile | INR 21.55 LPA |
| Average of Top 80 Percentile | INR 18.57 LPA |
| Sector: Sales | Highest |
| Highest | INR 27 LPA |
| Average | INR 17.07 LPA |
| Median | INR 17 LPA |
| Average of Top 10 Percentile | INR 21.54 LPA |
| Average of Top 25 Percentile | INR 20.17 LPA |
| Average of Top 80 Percentile | INR 17.82 LPA |
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The highest salaries are received by MBA-HR and MBA-BA students at IIM Ranchi, at INR 32.2 LPA and INR 22.3 LPA, respectively. While 35 students in the MBA-BA batch received offers from 25, 69 students in the MBA-HR batch received offers from 29 top recruiters. For the class of 2023, IIM Ranchi summer internship has the highest package of INR 3.50 lakhs, while the median and average stipends were INR 80 Lakhs and INR 1 Lakhs, respectively.
IIM Ranchi Placements 2023 Highlights:
The following table lists the significant achievements of the IIM Ranchi MBA placements in 2023 as compared to 2022:
| Particulars | MBA Placement Statistics (2023) | MBA Placement Statistics (2022) |
| Batch size | 399 | 253 |
| Number of recruiters | 124 | 77 |
| Number of PPOs | 76 | NA |
| Highest domestic package | INR 35.50 LPA | INR 32.21 LPA |
| Highest international package | INR 67.00 LPA | NA |
| Average package | INR 17.30 LPA | INR 16.17 LPA |
| Median package | INR 16.50 LPA | INR 15.50 LPA |
| Top 10% Average Salary | INR 30 LPA | INR 25.16 LPA |
| Top 25% Average Salary | INR 24 LPA | INR 22.02 LPA |
| Top Recruiters | Microsoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&T | Google, Dell, Deloitte, Amazon, Wipro, Cognizant, Capgemini |
IIM Ranchi Placements 2023 Sector Wise Analysis
IIM Ranchi the highest package, which was INR 67 LPA. 59 firms in all submitted bids for the placement drive at IIM Ranchi in 2023: For the IIM Ranchi class of 2023, the sector-by-sector analysis is shown in the table below:
| Sector | CTC Range |
| BFSI | INR 13 - 28 LPA |
| Consulting | INR 11 - 42 LPA |
| FMCG | INR 16 - 20 LPA |
| Automobile | INR 10.5 - 18 LPA |
| IT | INR 11 - 32 LPA |
| General Management | INR 13 - 67 LPA |
| Others | INR 12 - 21 LPA |
IIM Ranchi Consulting Sector Placements 2023:
The placements in the consulting sector for the IIM Ranchi class of 2023 are shown in the following table:
| Company | CTC |
| Accenture | INR 22 - 42 LPA |
| BCG | INR 18 LPA |
| Capgemini | INR 12 - 13 LPA |
| Cognizant | INR 13.25 - 18 LPA |
| Deloitte | INR 13 - 14 LPA |
| EY | INR 11 - 13 LPA |
| Genpact | INR 12-15 LPA |
| LEK | INR 18 - 20 LPA |
| Mckinsey & Company | INR 16 LPA |
| Positive Moves | INR 15 - 17 LPA |
| ZS Associates | INR 21 LPA |
IIM Ranchi IT Sector Placements 2023:
The placements in the IT sector for the IIM Ranchi class of 2023 are shown in the following table:
| Company | CTC |
| 09 Solutions | INR 15 LPA |
| Amazon | INR 15 - 18 LPA |
| Comviva | INR 13 - 16 LPA |
| Elasticrun | INR 15 LPA |
| Falabella | INR 17 - 32 LPA |
| HCL Tech | INR 11-13 LPA |
| Infosys | INR 16 - 20 LPA |
| Latentview | INR 18 LPA |
| Microsoft | NA |
IIM Ranchi Automobile Sector Placements 2023:
The placements for IIM Ranchi 2023 in the automotive sector are shown in the following table:
| Company | CTC |
| BMW | INR 18 LPA |
| Hero | INR 10.5 LPA |
| Maruti Suzuki | INR 14 - 16 LPA |
| TVS | INR 15 LPA |
IIM Ranchi General Management Placements 2023:
The placements for General Management for the class of 2023 at IIM Ranchi are shown in the following table:
| Company | CTC |
| Adani | INR 21-23 LPA |
| Aditya Birla Group | INR 15-18 LPA |
| Airtel | INR 13 LPA |
| DCM Shriram | INR 17 LPA |
| Tolaram | INR 67 LPA |
IIM Ranchi Other Sector Placements 2023:
The remaining sector placements for the IIM Ranchi class of 2023 are shown in the following table:
| Company | CTC |
| IHX | INR 16 LPA |
| L&T | INR 12-14 LPA |
| Sony Pictures | INR 18 - 20 LPA |
| TATA Steel | INR 20-21 LPA |
| The Times Group | INR 15 LPA |
| Ultra Tech Cement | INR 13-14 LPA |
| Vedanta | INR 20-21 LPA |
IIM Ranchi Placements 2023 Normalized Statistics:
IIM Ranchi has updated its statistics, which involves normalising the batch size to 250. The following table compares salaries at various institutes based on 250 students:
| Particulars | Placements Statistics (250 Students) |
| Highest Package | INR 67 LPA |
| Average Package | INR 19.4 LPA |
| Median Package | INR 18 LPA |
| Top 10% Average Salary | INR 33.6 LPA |
| Top 25% Average Salary | INR 26.2 LPA |
IIM Ranchi Placements 2023 Sector - Wise
The following table lists the IIM Ranchi placements by sector for 2023:
IIM Ranchi MBA Placements 2023
| Sector | Students Placed |
| IT / ITES | 15.3% |
| Consulting | 13.7% |
| FMCG | 12.9% |
| BFSI | 17.7% |
| Manufacturing | 11.3% |
| Fintech | 3.2% |
| Ed-Tech | 0.8% |
| Pharma & Healthcare | 6.5% |
| Logistics & Supply Chain | 4.8% |
| Digital Media & Ads | 0.8% |
| Staffing | 2.4% |
| E-Commerce | 1.6% |
IIM Ranchi Placements 2023 Domain - Wise
The following table lists the highest, average, and median package by domain for IIM Ranchi Placements 2023:
| Particulars | Sales & Marketing | IT & Analytics | Finance | Strategy & Consulting |
| Highest Package | INR 67 LPA | INR 32 LPA | INR 35.5 LPA | INR 23.6 LPA |
| Average Package | INR 17.9 LPA | INR 19.2 LPA | INR 18.5 LPA | INR 15.8 LPA |
| Median Package | INR 16 LPA | INR 18 LPA | INR 18 LPA | INR 16 LPA |
| Top 10% Average Salary | INR 29.5 LPA | INR 28.8 LPA | INR 27.8 LPA | INR 20.6 LPA |
| Top 25% Average Salary | INR 25.4 LPA | INR 25.1 LPA | INR 24.6 LPA | INR 19.8 LPA |
IIM Ranchi Average Package:
Following is the IIM Ranchi MBA Average package 2023 -
| Particulars | Average Package (2023) |
| MBA top 10 percentile average package | INR 30.00 LPA |
| MBA top 25 percentile average package | INR 24.00 LPA |
| MBA HR top 10 percentile average package | INR 25.60 LPA |
| MBA HR top 25 percentile average package | INR 22.40 LPA |
| MBA BA top 10 percentile average package | INR 21.60 LPA |
| MBA BA top 25 percentile average package | INR 20.30 LPA |
IIM Ranchi Placement Year - Wise Trends
| Placement Year | Highest Package | Average Package |
| 2022 | INR 32.21 LPA | INR 16.17 LPA |
| 2021 | INR 26.50 LPA | INR 14.69 LPA |
| 2020 | INR 59.36 LPA | INR 15.11 LPA |
IIM Ranchi Summer Internship Placements 2023 Highlights:
| Particulars | Internship Statistics (2021-23) | Internship Statistics (2020-22) |
| Number of Recruiters | 165 | 135 |
| Number of Students | 399 | 329 |
| Highest Package | INR 3.50 Lakhs | INR 3.36 Lakhs |
| Average Package | INR 1 Lakhs | INR 97 K |
| Median Package | INR 80 K | INR 73 K |
| Top 10% Average Stipend | INR 2.54 Lakhs | INR 2.53 Lakhs |
| Top 25% Average Stipend | INR 1.93 Lakhs | INR 1.96 Lakhs |
IIM Ranchi Previous Years Placements Trends:
| Highlights | 2023 | 2022 | 2021 |
| Highest Package | INR 35.50 LPA | INR 32.21 LPA | INR 26.50 LPA |
| Average Package | INR 17.30 LPA | INR 22.02 LPA | INR 14.69 LPA |
| Median Package | INR 16.50 LPA | INR 15.50 LPA | INR 14.95 LPA |
| Total recruiters | 124 | 77 | 128 |
| Total students participated | 399 | 253 | 201 |
Read about - IIM Ranchi in detail.
Top Recruiters
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Frequently Asked Questions
What is the salary after IIM Ranchi?
IIM Ranchi placements 2023 concluded with 100% Placements. 124 top recruiters took part in the Placement drive and offered Jobs to 399 Students. IIM Ranchi offered the highest package at INR 67 LPA (International) and average package at INR 17.3 LPA. IIM
What is the average salary in IIM Ranchi?
In terms of salaries offered, IIM Ranchi saw a successful placements season for its batch. The highest international salary stood at an impressive INR 67 lakhs, while the highest domestic salary stood at INR 35.50 lakhs
Which IIM has the highest salary?
IIM Indore Placement: Indian Institute of Management, Indore in its final round of placement recorded the highest annual salary package. A student of IIM Indore has got a top offer of Rs 1.14 crore for a domestic job.
How are IIM Ranchi MBA Placements?
IIM Ranchi recently concluded its 2024 MBA placement drive that saw a participation of 399 students and 124 recruiters. The highest salary bagged by the MBA students stood at INR 67 LPA and the average salary stood at INR 17.3 LPA. Major recruiters includ
How many recruiters visited the campus during IIM Ranchi Placements?
A total of 178 recruiters visited the campus during IIM Ranchi Placements.
What was the highest stipend offered during IIM Ranchi Summer Internship Placements?
The highest stipend of INR 3.50 Lakhs per month was received during IIM Ranchi Summer Internship Placements.
What was the highest stipend for MBA BA students during IIM Ranchi Summer Internship Placements 2023?
The highest stipend for MBA BA students during the Summer Internship 2023 was INR 2.43 Lakhs.
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Indian Institute of Management (IIM), Ranchi
Indian Institute of Management (IIM), Ranchi
Indian Institute of Management (IIM), Ranchi
Indian Institute of Management (IIM), Ranchi
Indian Institute of Management (IIM), Ranchi
Indian Institute of Management (IIM), Ranchi
Indian Institute of Management (IIM), Ranchi
Contact Details
Suchana Bhawan, 5th Floor, Audrey House Campus, Meurs Road
22XXXXXX13
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