Indian Institute of Management Ranchi

Prabandhan Nagar, Nayasarai Rd, Ranchi, Jharkhand 835303

University Type

Public

Ranchi,

India

Year Established:

2009

The Indian Institute of Management Ranchi (IIM Ranchi) is a public business school located in Ranchi, Jharkhand, India. Established on 15 December 2009, it became India's ninth Indian Institute of Management. It commenced classes on 6 July 2010, marking the inception of the institute under the 11th Five Year Plan.

IIM Ranchi offers integrated, postgraduate, doctoral, and executive programmes in management education, and Management Development Programmes (MDPs) spanning different streams of management. Admissions to the institute are based on scores obtained in the Common Admission Test (CAT) and further rounds of personal interview and written tests.

From its establishment in 2009, IIM Ranchi operated from a temporary campus in Suchana Bhavan, behind the Governor House premises in the heart of Ranchi, with student hostels at Khelgaon. In 2021 the institute shifted to its permanent campus, on a 60 acre plot in Dhurwa.

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Indian Institute of Management Ranchi Program Rankings

  • Business - Rank #101-110 in Asia for MBA (QS)

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FAQs

What are the most popular graduate programs offered at Indian Institute of Management Ranchi?

Indian Institute of Management Ranchi is renowned for its MBA and PhD programs. The MBA program is particularly popular, offering specializations in Finance, Marketing, Operations Management, Human Resource Management, and Strategy. These programs are designed to equip students with advanced business knowledge and leadership skills, preparing them for high-level management roles in various industries.

What is the Annual Cost of attendance at Indian Institute of Management Ranchi?

The annual tuition fee for the MBA program at IIM Ranchi is approximately INR 7,60,000. The estimated cost of living, including accommodation, food, and other expenses, is around INR 2,00,000 per year. Therefore, the total annual cost of attendance is approximately INR 9,60,000.

What Financial aid and scholarship options are available at Indian Institute of Management Ranchi?

IIM Ranchi offers several financial aid options and scholarships to assist students. These include merit-based scholarships, need-based grants, and awards provided by external organizations. Students can apply for these scholarships through the institute's financial aid office. Information about eligibility criteria and application procedures is typically available on the institute’s official website or by contacting the financial aid office directly.

What is the reputation and ranking of Indian Institute of Management Ranchi?

Indian Institute of Management Ranchi has established a strong reputation for its management education, often ranking among the top business schools in India. While specific program rankings may vary yearly, the MBA program is frequently highlighted for its excellence and value. The institution is known for its rigorous curriculum, distinguished faculty, and significant contributions to business research.

What is the campus culture like at Indian Institute of Management Ranchi?

The campus culture at IIM Ranchi is vibrant and dynamic, characterized by a diverse blend of academic rigor and extracurricular activities. Students engage in various cultural fests like "RUSH" (the annual management-cum-cultural fest), numerous club activities, sports events, and workshops that foster holistic development. The environment is supportive and collaborative, encouraging students to excel academically while also enjoying a rich social life.

What are the housing options at Indian Institute of Management Ranchi?

IIM Ranchi provides on-campus hostel facilities with well-equipped rooms and modern amenities for students. For those preferring off-campus housing, several options are available in nearby areas such as Khelgaon and Hinoo. These areas offer a range of accommodations from shared apartments to independent flats, catering to different budgets and preferences, ensuring students have a comfortable living experience close to the campus.

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Indian Institute of Management Ranchi Fun Facts

  • Eco-Friendly Campus

    IIM Ranchi is renowned for its green campus initiatives, incorporating sustainability into its infrastructure and student projects, promoting an eco-conscious educational environment.

  • Vibrant Cultural Festivals

    The institute hosts "Rush," an annual inter-college sports and cultural fest, drawing participants from across the nation, showcasing a blend of talent and competitive spirit.

  • Strong Industry Connect

    IIM Ranchi is known for its excellent industry connections, offering students unique opportunities for internships and live projects with top companies, enhancing their practical learning experiences.

  • Alumni Success Stories

    Notable alumni from IIM Ranchi have excelled in various fields, such as Chanchal Kumar who became the CEO of an emerging tech startup, inspiring current students to innovate and lead.