IIM Ranchi or Indian Institute of Management Ranchi is a government management institution located in Ranchi, Jharkhand, India. It is the ninth Indian Institute of Management in the country. The college motto is बहुमुखविकासो गन्तव्य meaning- working to bring a change towards success, not only for one's self but also for the community.
IIM Ranchi has an intake of 120 MBA students as of 2020. This institute has one of the best faculties in the country who are aimed at the betterment of the students and have a deep understanding of their subject material. There are both visiting and in-house faculty at IIM Ranchi for various courses.
IIM Ranchi was started on 15 December 2009, under the 11th Five Year Plan. Came into operations on 6 July 2010, IIM Ranchi is among the six new IIMs that was approved by the Union Cabinet on 27 August 2009. M. J. Xavier was the founding director of the institute.
IIM Ranchi provides a Masters in Business Administration (MBA) and Masters in Business Administration - Human Resource Management (MBA-HRM), Doctor of Administration (DBA) Fellowship Programme and Executive MBA Programmes. It is known for its flagship MBA courses among others.
The college is currently running from a provisional campus in Suchana Bhavan, behind the Governor House buildings in the heart of Ranchi. Khelgaon in Ranchi houses the student hostels. The creation of a permanent campus has begun at Birhar village which is about 35 kilometres from Ranchi. The hostels and campus have all recreational facilities and are having Wi-Fi connectivity as well.
IIM Ranchi announced with great pride the successful completion of their summer placement process for the batch of 2018-20. The highest CTC offered in MBA programme stood at Rs 22.37 LPA and the average CTC stood at Rs 15.11LPA. Biggest organizations who recruited MBA graduates were Kotak, Maruti Suzuki, Amazon, Godrej, FSS, Trendence, IDFC, Infosys, RPG, Muthoot, Emami, TVS, ACC, JP Morgan Chase KPMG, Cognizant, Siemens, ICICI Bank, Deloitte, Tata Motors, Tech Mahindra, ICICI Prudential, RBL Bank, BiralSoft, and Jindal Steel & Power among others.
IIM Ranchi has an active alumni team which helps the current students in their academics by giving them valuable insights from their own experiences and help in guiding them through their college life. The alumnus is kept updated about the recent activities in college and alumni meetups are a great opportunity to rekindle the nostalgia and share each other’s experiences.
The IIM campus of Ranchi is fully equipped with hostel rooms, flats, common rooms, blocks and other facilities. The student block has recently been shifted to the residential area which is located on the outskirts of Ranchi in a sports village called Khelgaon. This area is filled with tree cover and is having a calm and pleasant environment as it away from the hustle-bustle of the city. It provides a peaceful setting for the students to concentrate on their studies in the fully Wifi enabled campus which also has a library. Apart from this, it also has an auditorium, playground, emergency facilities etc. for students.
Course and Fees
IIM Ranchi offers PGDHRM, Postgraduate executive programme and doctoral programme. It provides PGEXP in 4 specializations-Finance, HRM, Marketing and Operations. Check out eligibility and fees below.
Contact the institution
IIM Ranchi address-
5th Floor Suchana Bhawan Meur’s Road Audrey House Campus, Jharkhand
Pin code- 834008
IIM Ranchi has started its International Relations Office for building a global relationship with international universities. They believe this can encourage holistic development in students and so they have partnerships with various colleges in Thailand, Greece, France, Bangladesh, Taiwan etc. for their student exchange programs.
IIM Ranchi has ranked 28 by the NIRF in the management category of 2019 but in NIRF Ranking 2020 it has secured the 20th position in the management category.
IIM Ranchi has also ranked 25th in the Outlook B-School rankings in 2020.
From Prof.Shailendra Singh’s desk-
“Indian Institute of Management (IIM) Ranchi is the ninth member of the IIM family. Established by the Government of India in December 2009, we made a modest beginning with 44 students in the Post Graduate Programme in Management. With the active support of the Government of India, Government of Jharkhand, Mentoring of IIM Calcutta and strategic guidance of Board of Governors of IIM Ranchi, we have emerged as one of the fastest-growing IIMs with a combined strength of 500 students in various programs.
We aspire to develop IIM Ranchi as one of the top 10 management institutes in the Asian Region within the next 10 years through teaching excellence and thought leadership. At IIM Ranchi we plan to attain thought leadership through a fusion of eastern wisdom and western processes and focusing on research which is both rigorous and contextually relevant. We also develop teaching excellence through participant-centred learning including technologically enabled and experiential pedagogies.
At IIM Ranchi, we are committed to grooming leaders with value-based education. Our emphasis is eclectic growth of our participants. We try to inculcate the values of humility, honesty and hard work for individual and corporate success. We also endeavour for the holistic development of individuals, institutions and society at large. We expose our students to the experiences and case studies for developing the perspective of harmonious coexistence with society and the environment.
We have many tasks ahead to make IIM Ranchi a world-class institution. Our main task is to build a permanent campus on the land provided by the Jharkhand Government with the state of the art facilities. We are also in the process of recruiting faculty members to develop higher in-house capacity and capability. We need to create the right environment for strong research focus by the faculty members.
I am looking forward to your cooperation and support for making IIM Ranchi a success on a sustained basis.”
Just like most other colleges, IIM Ranchi also has a plethora of events and fests organized for their students every year to break the monotony of regular academic routine and have some fun with college mates. Some of their most common fests are Agon-The Management Fest and Rush.