Is IIM Ranchi expensive?
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1 Answer
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IIM Ranchi is one of the most prestigious Management institutes in India. The institute has been ranked by several prominent organisations. NIRF 2023 has ranked IIM Ranchi at 24th position in the Management category. Additionally, the institute is ranked 7th by Outlook 2023 in the MBA (government) category in India. IIM Ranchi is also ranked 19th among the top MBA institutes in India by IIRF 2023.
The fees structure for various programme is as follows :
The fee for MBA, MBA-HR & MBA-BA programme for the batch 2023-25 will be Rs. 17.20 Lacs (excluding Caution. Deposit, Alumni Fee & Mess Expense).
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For obtaining IIM Ranchi admission, candidates are required to appear for the prescribed entrance tests. Students can visit the official website of the IIM Ranchi to learn more regarding the eligibility details for their preferred course choice. Accepted exams include IPMAT and CAT.
The key highlights of IIM Ranchi placements 2025 for MBA, MBA BA and MBA HR programs are presented below:
Particulars | MBA Placement Statistics (2025) | MBA HR Placement Statistics (2025) | MBA BA Placement Statistics (2025) |
|---|---|---|---|
the highest package | INR 50.39 LPA | INR 35.3 LPA | INR 27.94 LPA |
Average package | INR 19.29 LPA | INR 19.02 LPA | INR 19.86 LPA |
Median package | INR 17.64 LPA | INR 18 LPA | INR 18.11 LPA |
Total recruiters | 81 | 26 | 34 |
PPO Percentage | 19.8% | 30% | 21.7% |
The domain-wise average package received during IIM Ranchi placements 2025 is presented below:
Domains | Average Package (2025) |
|---|---|
Strategy and Consulting | INR 20.49 LPA |
Finance | INR 20.19 LPA |
IT Analytics | INR 18.96 LPA |
Operations Management | INR 18.67 LPA |
Sales & Marketing | INR 19.07 LPA |
The course-wise average salary trend witnessed during IIM Ranchi placements over the past three years is presented below:
Course | Average Package (2023) | Average Package (2024) | Average Package (2025) |
|---|---|---|---|
MBA | INR 17.3 LPA | INR 18.69 LPA | INR 19.29 LPA |
MBA HR | INR 16.3 LPA | INR 18.37 LPA | INR 19.02 LPA |
MBA BA | INR 16.4 LPA | INR 19.13 LPA | INR 19.86 LPA |
The placement trend witnessed over the past three years at IIM Ranchi for MBA, MBA BA and MBA HR programs is presented below:
Particulars | MBA Placement Statistics (2023) | MBA Placement Statistics (2024) | MBA Placement Statistics (2025) |
|---|---|---|---|
Highest package | INR 67 LPA | INR 37.8 LPA | INR 50.39 LPA |
Average package | INR 17.3 LPA | INR 18.69 LPA | INR 19.29 LPA |
Median package | INR 16.5 LPA | INR 18 LPA | INR 17.64 LPA |
Total recruiters | 124 | 76 | 81 |
Particulars | MBA HR Placement Statistics (2023) | MBA HR Placement Statistics (2024) | MBA HR Placement Statistics (2025) |
Highest package | INR 32.2 LPA | INR 33.97 LPA | INR 35.3 LPA |
Average package | INR 16.3 LPA | INR 18.37 LPA | INR 19.02 LPA |
Median package | INR 16 LPA | INR 18.22 LPA | INR 18 LPA |
Total recruiters | 29 | 33 | 26 |
Particulars | MBA BA Placement Statistics (2023) | MBA BA Placement Statistics (2024) | MBA BA Placement Statistics (2025) |
Highest package | INR 22.3 LPA | INR 34.91 LPA | INR 27.94 LPA |
Average package | INR 16.4 LPA | INR 19.13 LPA | INR 19.86 LPA |
Median package | INR 16 LPA | INR 16.88 LPA | INR 18.11 LPA |
Total recruiters | 25 | 28 | 34 |
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