The Indian Institute of Management (IIM) Ranchi has concluded IIM Ranchi Placement for the class of 2020-22. The season’s placement drive witnessed a significant rise in the packages offered to students enrolled in the MBA programme and IIM Ranchi MBA-HR programme. Altogether, the IIM Ranchi campus got to host 91 recruiters for a graduating pool of 300+ students. The highest and average package offered in the IIM Ranchi MBA placements 2022 were INR 32.21 LPA and INR 16.17 LPA.
IIM Ranchi has also completed summer internship placement for the batch of 2021-23. 186 companies visited for the Summer Internship placement, offering stipend as high as INR 3,50,000. Starting off their MBA BA programme on campus, the first-ever batch has seen interest from around 27 recruiters. 35 students are enrolled in the class of 2021-23. The highest stipend for the IIM MBA BA Programme was INR 2,43,920.
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Particulars | MBA | MBA HR |
Total Students | 253 | 72 |
Total Recruiters | 77 | 21 |
Highest CTC (LPA) | INR 32.21 | INR 32.21 |
Average CTC (LPA) | INR 16.17 | INR 15.63 |
Median CTC (LPA) | INR 15.50 | INR 15.40 |
Average CTC of Top 10% (LPA) | INR 25.16 | INR 27.26 |
Average CTC of Top 25% (LPA) | INR 22.02 | INR 22.17 |
Particulars | MBA | MBA HR | MBA BA |
Total Students | 399 | 69 | 35 |
Total Recruiters | 165 | 36 | 27 |
Highest Stipend | INR 3,50,000 | INR 2,84,200 | INR 2,43,920 |
Average Stipend | INR 1,00,193 | INR 1,21,422 | INR 92,509 |
Median Stipend | INR 80,000 | INR 1,20,000 | INR 77,960 |
Average Stipend of Top 10% | INR 2,54,834 | INR 2,43,611 | INR 2,17,970 |
Average Stipend of Top 25% | INR 1,93,401 | INR 2,04,407 | INR 1,80,485 |
Packages received by students in the IIM Ranchi MBA Placements 2022 have gone up across domains, where the strategy and consulting domain has the highest package of INR 32.21 LPA. Other domains, such as IT Analytics and Sales and Marketing, were close to the highest CTC with INR 30.79 LPA and INR 26.12 LPA, respectively. Almost every other domain has seen an increase in the highest and average CTC offered compared to the previous year.
Domain | Average CTC (LPA) | Median CTC (LPA) | Average CTC of Top 10% (LPA) | Average CTC of Top 25% (LPA) |
IT Analytics | INR 15.62 | INR 14.50 | INR 25.70 | INR 21.16 |
Finance | INR 15.70 | INR 16.00 | INR 20.88 | INR 18.81 |
Operation | INR 13.40 | INR 13.20 | INR 18.00 | INR 16.50 |
Sales & Marketing | INR 16.60 | INR 15.61 | INR 24.42 | INR 21.66 |
Strategy & Consulting | INR 17.10 | INR 15.50 | INR 26.04 | INR 24.56 |
Roles offered in IIM Ranchi MBA Placements
IT Analytics-
Product Management | Application Manager | Digital Consultant | Business Analyst |
Finance-
Asset Management | Wealth Management | Corporate Banking | Investment Analyst |
Operation-
Project Management | Business Operation | Strategic Sourcing | Operation Analytics |
Sales & Marketing-
Digital Marketing | Brand Manager | Business Development | Market Research |
Strategy & Consulting-
IT Consulting | Corporate Strategy | Business Strategist | Strategic Advisory |
IT/ITES took 38% share from the graduating pool of 2020-22 batch. Consulting and BFSI had 20% and 23%, respectively. Other industries include Manufacturing (5%), E-commerce (6.90%) and FMCG (2.80%).
Source: IIM Ranchi Placement Report 2020-22
During the IIM Ranchi placement 2021, the highest CTC received was INR 26.50 LPA. IIM Ranchi placement packages have been growing year after year. Maximum earning potential has increased across domains this year. The table below shows the year-wise comparison between IIM Ranchi Placements 2022, IIM Ranchi Placements 2021 and IIM Ranchi Placements 2020.
IIM Ranchi Placement Years | Highest CTC (LPA) | Average CTC (LPA) |
2020-22 | INR 32.00 | INR 16.00 |
2019-21 | INR 26.00 | INR 14.00 |
2018-20 | INR 22.00 | INR 18.00 |
Domain | Top Recruiters |
IT Analytics | American Express, Axis Bank, Capgemini, Cognizant, Dell, Google, Oxane, PlaySimple |
Finance | DCM Shriram, Deloitte, EY, Goldman Sachs, HDFC, HSBC, ICICI BANK, JP Morgan, TVS Credit |
Operation | Affinity, Amazon, IBM HERO, Reliance, meenakshi,FRAAZO |
Sales & Marketing | Aditya Birla, Asian Paints, Britannia, Capgemini, Paytm, xiaomi, WIPRO, schindler |
Strategy & Consulting | Accenture, Cognizant, Genpact, HCL, IBM, RBL Bank |
The flagship programme of IIM Ranchi is a two year course in human resource management. This programme looks after the holistic development of students. At the IIM Ranchi HRM placements year 2022, around 21 companies extended competitive offers to 72 students.
Accenture | Aditya Birla | Britannia |
AICL | Asian paints | DE SHAW & Co |
EY | Falabella | HCL |
Shadowfax | Flipkart | IBM |
Jindal steel | TATA Steel | SKAPS |
The placement opportunities at IIM Ranchi are pretty impressive as every year, a good amount of students from each course get placed in reputed companies in the country. The IIM Ranchi placement cell not only looks after the hiring process but also encourages the students by preparing them for the interview round to get them selected. The cell arranges regular mock tests and interviews so that the students can confidently appear before the recruiters.
The Indian Institute of Management, Ranchi placement cell takes it upon itself to call recruiters to its campus and coordinate the recruitment process. The IIM Ranchi placement process consists of a written assessment and group discussion; the candidates selected in these two procedures then go through a personal interview, after which the job and salary benefits are discussed.
Particulars | Statistics |
---|---|
First year total students intake | 250 |
Total students admitted | 249 |
Total Graduated Students | 245 |
Total Placed Students | 245 |
Median Salary | 14.55 L |
The highest stipend offered during IIM Ranchi Summer Internship Placements 2023 is Rs 3,50,000. For MBA HR, the highest stipend offered is Rs 2,84,200.
Some of the prominent recruiters of IIM Ranchi placements 2022 are American Express, Axis bank, Capgemini, Dell, and Amazon.
The average annual CTC offered to MBA students during IIM Ranchi placements 2022 is 16.17 LPA. In MBA HR the average CTC offered was 15.63 LPA.
The highest stipend offered during IIM Ranchi Summer Internship Placements 2023 is Rs 3,50,000. For MBA HR, the highest stipend offered is Rs 2,84,200.
Some of the prominent recruiters of IIM Ranchi placements 2022 are American Express, Axis bank, Capgemini, Dell, and Amazon.
The average annual CTC offered to MBA students during IIM Ranchi placements 2022 is 16.17 LPA. In MBA HR the average CTC offered was 15.63 LPA.
A total of 77 recruiters visited the campus during IIM Ranchi placements 2022. For MBA HR, a total of 21 recruiters visited the campus for placements.
A total of 253 MBA students participated in the placement process in the year 2022. From MBA HR, a total of 72 students participated in placements. Among them, all the students got placed at some of the top companies.
The highest package offered to MBA students of IIM Ranchi is 32.21 LPA. The average CTC of the top 10 per cent is 27.26 LPA.
In the year 2022, a total of 77 recruiters participated in the IIM Ranchi placement. The average CTC offered to the students of IIM Ranchi is 16.17 LPA. Some of the top recruiters are Google, Deloitte, EY, and American Express.
As per the placement report of IIM Ranchi for the batch 2020-22, the average CTC offered is 16.17 LPA. In MBA HR the average CTC offered to the students of IIM Ranchi is 15.63 LPA.
A total number of 77 recruiters visited the campus in 2022 to recruit M.B.A students.
The average package offered to the students of IT Analytics in IIM, Ranchi in the year 2022 is Rs. 15.62 Lakhs.
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