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IPM in Information Systems at INDIAN INSTITUTE OF MANAGEMENT RANCHI

Indian Institute of Management Ranchi is a premier autonomous institution in Jharkhand, established in 2009. Recognized for academic excellence, IIM Ranchi offers flagship MBA, MBA-HRM, MBA-BA, and IPM programs. Ranked 17th in NIRF 2024 Management, it boasts strong placements with the highest domestic CTC of Rs 50.39 LPA in 2024-25.

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Ranchi, Jharkhand

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About the Specialization

What is Information Systems at INDIAN INSTITUTE OF MANAGEMENT RANCHI Ranchi?

This Information Systems program at IIM Ranchi focuses on equipping future managers with core IT competencies and analytical skills essential for leveraging technology in business. In the rapidly digitizing Indian economy, this specialization prepares professionals to design, implement, and manage robust information systems, driving efficiency and innovation across various sectors. The program emphasizes both theoretical foundations and practical applications relevant to the Indian industry context, integrating with Business Analytics.

Who Should Apply?

This program is ideal for aspiring managers and technology enthusiasts with a strong analytical bent. It caters to fresh graduates seeking entry into IT consulting, data analytics, or tech-driven management roles. Additionally, working professionals aiming to upskill in digital transformation or shift into IT leadership within Indian enterprises, as well as career changers from traditional domains, will find this specialization highly beneficial. A foundational understanding of mathematics or statistics is advantageous.

Why Choose This Course?

Graduates of this program can expect diverse career paths in India, including roles such as Business Analyst, Data Scientist, IT Consultant, Project Manager, or Digital Transformation Specialist. Entry-level salaries typically range from INR 8-15 LPA, growing significantly with experience. They can drive innovation in e-commerce, fintech, healthcare, and manufacturing. The curriculum aligns with industry certifications in cloud computing, data analytics, and cybersecurity, enhancing professional credibility and growth trajectories in leading Indian companies and MNCs operating in India.

Student Success Practices

Foundation Stage

Build a Strong Quantitative and Analytical Base- (Trimester 1-6)

Focus intently on core subjects like Statistics, Business Mathematics, and foundational Business Analytics. Actively participate in problem-solving sessions and seek additional practice problems. Join peer study groups to clarify concepts and work through complex cases, ensuring a solid understanding of data handling and interpretation.

Tools & Resources

Khan Academy for math refreshers, R/Python basic tutorials (e.g., DataCamp, Coursera), Microsoft Excel for data analysis, Online quizzes on statistics and probability

Career Connection

A solid quantitative foundation is crucial for advanced analytics, predictive modeling, and data-driven decision-making, which are core competencies for Information Systems professionals.

Develop Effective Communication and Presentation Skills- (Trimester 1-4)

Leverage courses like Business Communication and Critical Thinking to refine written and verbal expression. Actively volunteer for presentations, engage in debates, and seek feedback on reports. Participate in extempore and public speaking clubs to enhance confidence and clarity in conveying ideas.

Tools & Resources

Toastmasters International, Online presentation design tools (Canva, Prezi), Peer review sessions for written assignments and reports, Grammarly for writing refinement

Career Connection

Strong communication is vital for IT consultants, project managers, and business analysts to articulate complex technical concepts to non-technical stakeholders and to lead diverse teams effectively.

Explore Business Fundamentals Through Case Studies and Projects- (Trimester 3-6)

Go beyond textbook knowledge by actively analyzing case studies in management, marketing, and finance. Undertake mini-projects or simulations that integrate different business functions, understanding how technology impacts each. This helps in developing a holistic business perspective.

Tools & Resources

Harvard Business Review cases, IIM Ranchi''''s internal case study resources, Industry guest lectures and workshops, Student club activities focused on business simulations

Career Connection

A holistic understanding of business operations enables IS professionals to design and implement effective information systems that truly solve organizational problems and drive strategic value.

Intermediate Stage

Gain Early Exposure to IT and Analytics Tools- (Trimester 7-10)

Beyond core MIS and Business Analytics courses, take initiatives to learn popular industry tools and programming languages like Python (for data analysis), SQL (for databases), and visualization tools like Tableau or PowerBI. Participate in hackathons or data challenges to apply these skills.

Tools & Resources

Coursera/edX for Python/SQL certifications, Kaggle for datasets and challenges, LinkedIn Learning for software tutorials, IIM Ranchi''''s computer labs and faculty mentorship

Career Connection

Hands-on proficiency with these tools is a prerequisite for roles in data science, business intelligence, IT consulting, and digital transformation, making you industry-ready.

Network with Industry Professionals and Alumni- (Trimester 8-11)

Attend industry seminars, guest speaker sessions, and alumni meet-ups organized by IIM Ranchi. Proactively connect with professionals on LinkedIn, seeking informational interviews or mentorship. Engage with the career development cell for structured networking opportunities and industry insights.

Tools & Resources

LinkedIn Professional Networking Platform, IIM Ranchi Alumni Network portal, Campus career events and industry conclaves, Professional association memberships

Career Connection

Building a robust professional network opens doors to internships, mentorship, and future job opportunities, providing valuable insights into the competitive Indian tech and business landscape.

Seek Meaningful Summer Internships in Analytics/IT- (Trimester 9 (BBA internship), Trimester 12 (MBA internship))

Actively pursue and complete internships that align with Information Systems or Business Analytics during your BBA and early MBA years. Focus on gaining practical experience in data analysis, system implementation, IT project support, or digital strategy. Document your learnings thoroughly.

Tools & Resources

IIM Ranchi Placement Cell, Company career pages and internship portals, Online job platforms like Internshala, Naukri.com, Industry mentors

Career Connection

Internships are critical for applying theoretical knowledge, understanding industry practices, and often lead to pre-placement offers in target organizations, boosting your final placement prospects.

Advanced Stage

Deep Dive into Specialization Electives and Advanced Tools- (Trimester 13-15)

Strategically choose Information Systems and Business Analytics electives that align with your specific career aspirations. Master advanced topics like Machine Learning, Cloud Computing, Cyber Security, or Blockchain. Learn and get certified in industry-specific software and platforms beyond basic proficiency.

Tools & Resources

Advanced modules on cloud platforms (AWS, Azure, GCP), Specialized analytics software (e.g., SAS, SPSS), Industry reports and whitepapers, Professional certification courses (e.g., AWS Certified Cloud Practitioner, Microsoft Certified Data Analyst)

Career Connection

Specialization in advanced areas and relevant certifications make you a highly sought-after expert for niche, high-value roles in high-growth tech sectors and consulting firms.

Undertake a Capstone Project or Applied Research- (Trimester 13-15 (especially Trimester 15 for Research Project))

Engage in a substantial research project or a real-world consulting project (e.g., through a capstone course or industry collaboration) in Information Systems. Apply problem-solving skills to complex business challenges, from conceptualization to implementation, and present your findings professionally.

Tools & Resources

Academic databases (e.g., JSTOR, EBSCO), IIM Ranchi faculty mentors, Industry partners for real-world data and challenges, Project management software (e.g., Jira, Asana)

Career Connection

A strong capstone project demonstrates your ability to independently tackle significant business problems using IS/BA skills, providing a powerful talking point and differentiator during placements.

Refine Placement Strategy and Interview Skills- (Trimester 12-15)

Participate actively in placement preparatory workshops, mock interviews, and group discussions. Tailor your resume and cover letter to specific IS/BA roles. Practice case interviews, behavioral questions, and technical questions related to your specialization, focusing on articulating your value proposition.

Tools & Resources

IIM Ranchi Placement Cell resources and workshops, Online interview platforms (e.g., Pramp, HackerRank), Peer mock interview groups, Company-specific preparation guides

Career Connection

This comprehensive preparation ensures you are well-equipped to articulate your skills and experiences effectively, maximizing your chances of securing desired roles in top-tier companies and achieving a successful career launch.

Program Structure and Curriculum

Eligibility:

  • Minimum 60% in 10th & 12th Standard (55% for SC/ST/PwD), Maximum 20 years age as on July 31, 2024 (22 years for SC/ST/PwD), Must appear for IPMAT (IIM Indore) or JIPMAT (IIM Jammu/Ranchi).

Duration: 5 years (15 trimesters)

Credits: 270 (150 for BBA + 120 for MBA) Credits

Assessment: Assessment pattern not specified

Semester-wise Curriculum Table

Semester 1

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM101Microeconomics-ICore3Basic Economic Problems, Demand & Supply Analysis, Elasticity, Consumer Behavior Theories, Production & Cost Analysis, Market Structures
IPM102Statistics-ICore3Descriptive Statistics, Probability Theory, Probability Distributions (Binomial, Poisson, Normal), Sampling Techniques, Introduction to Hypothesis Testing
IPM103Business Mathematics-ICore3Basic Algebra, Functions and their Graphs, Limits and Continuity, Differential Calculus, Integral Calculus, Linear Equations
IPM104Accounting for Managers-ICore3Accounting Principles and Concepts, Financial Statements (Balance Sheet, Income Statement), Journal Entries and Ledgers, Trial Balance, Depreciation Methods
IPM105Business CommunicationCore3Communication Process Models, Verbal & Non-Verbal Communication, Effective Writing Skills, Presentation Skills, Business Correspondence and Reports
IPM106Critical Thinking and Problem SolvingCore3Logical Reasoning, Problem Identification and Framing, Decision Making Frameworks, Analytical Skills Development, Creative Thinking Techniques

Semester 2

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM107Microeconomics-IICore3General Equilibrium Theory, Welfare Economics, Game Theory, Asymmetric Information, Public Goods and Externalities
IPM108Statistics-IICore3ANOVA, Regression Analysis, Correlation, Non-parametric Tests, Time Series Analysis, Index Numbers
IPM109Business Mathematics-IICore3Matrices and Determinants, Vectors, Optimization Techniques, Linear Programming, Calculus of Multiple Variables
IPM110Accounting for Managers-IICore3Cost Accounting Concepts, Budgeting and Budgetary Control, Standard Costing and Variance Analysis, Activity-Based Costing, Responsibility Accounting
IPM111Principles of ManagementCore3Evolution of Management Thought, Planning and Decision Making, Organizing and Structuring, Leading and Motivating, Controlling and Evaluation
IPM112Indian Economy & PolicyCore3Structure of Indian Economy, Economic Reforms in India, Sectoral Analysis (Agriculture, Industry, Services), Monetary Policy of RBI, Fiscal Policy and Budgeting, Indian Economic Challenges

Semester 3

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM113Macroeconomics-ICore3National Income Accounting, Money and Banking, Inflation and Unemployment, Business Cycles, Aggregate Demand and Supply, IS-LM Model
IPM114Financial Management-ICore3Time Value of Money, Capital Budgeting Decisions, Risk and Return, Cost of Capital, Working Capital Management
IPM115Marketing Management-ICore3Marketing Environment, Consumer Behavior, Market Segmentation, Targeting, Positioning, Product Decisions, Branding Strategies
IPM116Human Resource ManagementCore3HR Planning, Recruitment and Selection, Training & Development, Performance Management, Compensation and Benefits, Employee Relations
IPM117Organizational BehaviorCore3Individual Behavior (Perception, Motivation), Group Dynamics and Teamwork, Leadership Theories, Conflict Management, Organizational Culture and Climate
IPM118Business LawCore3Indian Contract Act, Sale of Goods Act, Consumer Protection Act, Company Law Fundamentals, Negotiable Instruments Act

Semester 4

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM201Macroeconomics-IICore3Open Economy Macroeconomics, Exchange Rate Regimes, Balance of Payments, International Trade Theories, Global Fiscal & Monetary Policies
IPM202Financial Management-IICore3Capital Structure Theories, Dividend Policy, Mergers & Acquisitions, Financial Derivatives, International Finance
IPM203Marketing Management-IICore3Pricing Strategies, Promotion Mix (Advertising, Sales Promotion), Distribution Channels, Digital Marketing Fundamentals, Marketing Ethics and CSR
IPM204Operations ManagementCore3Process Analysis, Capacity Planning, Inventory Management Models, Quality Management and TQM, Supply Chain Management Introduction
IPM205Business Research MethodsCore3Research Design, Data Collection Methods (Primary, Secondary), Sampling Techniques, Questionnaire Design, Data Analysis and Report Writing
IPM206EntrepreneurshipCore3Entrepreneurial Process, Business Idea Generation, Business Plan Development, Funding for Startups, Legal Aspects of Entrepreneurship, Venture Capital

Semester 5

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM207Management Information SystemsCore3Role of IS in Business, IT Infrastructure, Database Management Systems, E-commerce Strategies, Decision Support Systems, IT Strategy and Governance
IPM208Production & Operations ManagementCore3Production Systems, Aggregate Planning, Scheduling, Statistical Process Control (SPC), Maintenance Management, Just-In-Time (JIT)
IPM209Supply Chain ManagementCore3SCM Drivers and Metrics, Logistics and Transportation, Inventory Optimization, Global Supply Chain Management, Sustainable Supply Chains
IPM210Business Ethics & Corporate GovernanceCore3Ethical Theories in Business, Corporate Social Responsibility (CSR), Stakeholder Management, Whistleblowing, Corporate Governance Codes, Ethical Decision Making
IPM211Design ThinkingCore3Empathize and Define, Ideation Techniques, Prototyping and Testing, Innovation Process, User-centered Design
IPM212Financial Markets & InstitutionsCore3Money Market, Capital Market (Primary, Secondary), Banking System in India, Insurance Sector, SEBI and RBI Regulations, Derivatives Market

Semester 6

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM213International BusinessCore3Globalization and its Drivers, International Trade Theories, Foreign Exchange Markets, International Marketing Strategies, Global Human Resource Management, Cross-cultural Management
IPM214Rural MarketingCore3Rural Consumer Behavior, Rural Market Segmentation, Product Strategies for Rural Markets, Distribution in Rural Areas, Rural Communication Strategies
IPM215Consumer BehaviorCore3Consumer Decision Process, Psychological Influences on Buying, Sociocultural Influences, Buying Roles and Post-purchase Behavior, Marketing Implications of Consumer Behavior
IPM216Talent ManagementCore3Workforce Planning, Employee Engagement, Succession Planning, Career Development, Talent Analytics, Retention Strategies
IPM217Business AnalyticsCore3Data Analytics Process, Descriptive Analytics, Predictive Analytics, Prescriptive Analytics, Data Visualization Tools, Business Intelligence
IPM218Project ManagementCore3Project Life Cycle, Project Planning and Scheduling, Risk Management, Project Budgeting, Project Monitoring & Control

Semester 7

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM301Strategic ManagementCore3Strategic Analysis, Vision, Mission, Goals, Environmental Scanning, SWOT Analysis, Corporate & Business Level Strategies, Strategy Implementation
IPM302Public Policy & AdministrationCore3Policy Formulation, Policy Implementation, Policy Evaluation, Governance and Public Sector Reforms, Role of Government in Economy
IPM303Social EntrepreneurshipCore3Social Innovation, Business Models for Social Impact, Funding Social Ventures, Measuring Social Impact, Role of NGOs
IPM304Digital MarketingCore3Search Engine Optimization (SEO), Search Engine Marketing (SEM), Social Media Marketing, Content Marketing, Email Marketing, Web Analytics
IPM305Data VisualizationCore3Principles of Data Visualization, Chart Types and Selection, Dashboard Design, Storytelling with Data, Introduction to Tools (Tableau/PowerBI)
IPM306Intellectual Property RightsCore3Patents, Trademarks, Copyrights, Industrial Designs, Geographical Indications, IPR Laws in India

Semester 8

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM307Emerging Technologies for BusinessCore3Artificial Intelligence (AI), Machine Learning (ML), Blockchain Technology, Internet of Things (IoT), Cloud Computing Basics, Impact on Business
IPM308Research ProjectCore6Literature Review, Methodology Design, Data Collection & Analysis, Report Writing, Presentation Skills, Research Ethics
IPM309Elective-I (BBA)Elective3Specialized topics chosen from a pool of BBA electives, Deepening knowledge in various business domains
IPM310Elective-II (BBA)Elective3Specialized topics chosen from a pool of BBA electives, Deepening knowledge in various business domains
IPM311Elective-III (BBA)Elective3Specialized topics chosen from a pool of BBA electives, Deepening knowledge in various business domains

Semester 9

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM312Summer Internship (BBA)Core6Practical Industry Exposure, Application of Classroom Learning, Project Implementation, Report Writing, Professional Skill Development
IPM313Elective-IV (BBA)Elective3Specialized topics chosen from a pool of BBA electives, Deepening knowledge in various business domains
IPM314Elective-V (BBA)Elective3Specialized topics chosen from a pool of BBA electives, Deepening knowledge in various business domains
IPM315Elective-VI (BBA)Elective3Specialized topics chosen from a pool of BBA electives, Deepening knowledge in various business domains

Semester 10

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM401Organizational Structure & DesignCore3Organizational Theories, Structure Types and Design Principles, Organizational Culture, Change Management, Power and Politics in Organizations
IPM402Managerial EconomicsCore3Demand and Supply Estimation, Production and Cost Analysis, Pricing Strategies, Market Structures, Profit Maximization, Game Theory in Business
IPM403Financial Reporting & AnalysisCore3Financial Statements (IFRS/Ind AS), Ratio Analysis, Cash Flow Analysis, Valuation Techniques, Corporate Disclosures
IPM404Business Statistics & EconometricsCore3Probability and Inference, Hypothesis Testing (Advanced), Regression Analysis (OLS), Time Series Analysis, Panel Data Models, Forecasting Techniques
IPM405Marketing ManagementCore3Market Research, STP (Segmentation, Targeting, Positioning), Product Life Cycle, Branding and Brand Equity, Pricing Strategies, Promotion and Distribution
IPM406Operations ManagementCore3Process Flow and Analysis, Capacity Planning, Quality Management Systems, Inventory Control, Supply Chain Design, Project Management Techniques

Semester 11

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM407Financial ManagementCore3Capital Budgeting Decisions, Cost of Capital, Capital Structure, Dividend Policy, Working Capital Management, Risk Management in Finance
IPM408Human Resource ManagementCore3HR Strategy and Planning, Talent Acquisition, Performance Appraisal Systems, Compensation and Benefits, Employee Relations, HR Analytics
IPM409Legal Aspects of BusinessCore3Indian Contract Act, Company Law, Intellectual Property Law, Cyber Law, Competition Law, Consumer Protection Act
IPM410Management Information SystemsCore3IT Strategy and Alignment, Enterprise Systems (ERP, CRM, SCM), Business Intelligence, Cybersecurity Fundamentals, Emerging Technologies (AI, IoT), Data Management
IPM411Research MethodologyCore3Research Design, Data Collection Methods, Sampling Techniques, Qualitative & Quantitative Research, Hypothesis Testing, Report Writing
IPM412Managerial CommunicationCore3Business Writing Skills, Effective Presentation Techniques, Negotiation and Conflict Resolution, Cross-Cultural Communication, Crisis Communication

Semester 12

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM413Strategic ManagementCore3Strategic Analysis and Formulation, Strategy Implementation and Evaluation, Corporate Diversification, Mergers & Acquisitions, Global Strategy
IPM414Business AnalyticsCore3Data Mining Techniques, Machine Learning Concepts, Predictive Modeling, Optimization and Simulation, Decision Science, Big Data Fundamentals
IPM415Summer Internship (MBA)Core6Real-world Industry Exposure, Problem Solving in Business Context, Networking with Professionals, Professional Skill Development, Comprehensive Project Report
BAIS7XXData Mining for Business DecisionsElective (Information Systems Specialization)3Data Preprocessing, Classification Algorithms, Clustering Techniques, Association Rule Mining, Predictive Analytics Applications
BAIS7XXMarketing AnalyticsElective (Information Systems Specialization)3Customer Segmentation, Churn Prediction Models, Campaign Optimization, Pricing Analytics, Web Analytics Metrics
BAIS7XXFinancial AnalyticsElective (Information Systems Specialization)3Risk Analytics, Portfolio Optimization, Fraud Detection Techniques, Algorithmic Trading Strategies, Credit Scoring Models

Semester 13

Subject CodeSubject NameSubject TypeCreditsKey Topics
BAIS7XXHR AnalyticsElective (Information Systems Specialization)3Workforce Planning Analytics, Attrition Prediction, Performance Analytics, Recruitment Analytics, Employee Engagement Measurement
BAIS7XXOperations AnalyticsElective (Information Systems Specialization)3Supply Chain Optimization, Inventory Analytics, Demand Forecasting, Process Improvement, Queuing Theory and Simulation
BAIS7XXPredictive ModellingElective (Information Systems Specialization)3Regression Models, Classification Models, Time Series Forecasting, Model Evaluation Metrics, Feature Engineering
BAIS7XXMachine Learning for Business ApplicationsElective (Information Systems Specialization)3Supervised Learning, Unsupervised Learning, Neural Networks Basics, Decision Trees, Support Vector Machines, Practical ML Implementations
BAIS7XXBig Data AnalyticsElective (Information Systems Specialization)3Hadoop Ecosystem, Spark Framework, NoSQL Databases, Data Lakes and Warehousing, Data Streaming Technologies, Scalability Challenges
BAIS7XXPython for Data AnalyticsElective (Information Systems Specialization)3Python Fundamentals, Pandas and NumPy for Data Manipulation, Matplotlib and Seaborn for Visualization, Data Cleaning and Preprocessing, Statistical Analysis with Python

Semester 14

Subject CodeSubject NameSubject TypeCreditsKey Topics
BAIS7XXAI for BusinessElective (Information Systems Specialization)3AI Concepts and Applications, Natural Language Processing (NLP), Computer Vision Basics, Robotics Process Automation (RPA), AI Ethics and Governance, Business Cases for AI Implementation
BAIS7XXBusiness Process ManagementElective (Information Systems Specialization)3Process Modeling and Analysis, Process Improvement Methodologies, Workflow Automation, Process Reengineering, BPM Tools and Technologies
BAIS7XXDigital Business ModelsElective (Information Systems Specialization)3Platform Business Models, Subscription and Freemium Models, E-commerce Strategies, Digital Transformation Frameworks, Value Proposition in Digital Era
BAIS7XXEnterprise Resource Planning (ERP)Elective (Information Systems Specialization)3ERP Architecture and Modules, ERP Implementation Challenges, Business Process Integration with ERP, ERP Benefits and Risks, Introduction to SAP/Oracle ERP
BAIS7XXCloud Computing for BusinessElective (Information Systems Specialization)3IaaS, PaaS, SaaS Models, Cloud Deployment Models (Public, Private, Hybrid), Cloud Security Considerations, AWS/Azure/GCP Fundamentals, Cloud Strategy for Organizations
BAIS7XXCyber Security ManagementElective (Information Systems Specialization)3Information Security Principles, Risk Management and Assessment, Threat Intelligence, Incident Response Management, Cryptography Basics, Security Policies and Compliance

Semester 15

Subject CodeSubject NameSubject TypeCreditsKey Topics
IPM513Research Project (MBA)Core6Advanced Research Methodologies, Data Analysis and Interpretation, Thesis Writing, Academic Presentation Skills, Problem Solving in Management
BAIS7XXManagement of Information SystemsElective (Information Systems Specialization)3IT Governance, IT Value Creation, Strategic Alignment of IT, Data Management Strategies, IT Outsourcing Decisions, Digital Transformation Leadership
BAIS7XXDigital TransformationElective (Information Systems Specialization)3Digital Transformation Strategy, Technology Adoption and Innovation, Organizational Change Management, Culture and Leadership in DX, Case Studies in Digital Transformation
BAIS7XXBlockchain for BusinessElective (Information Systems Specialization)3Blockchain Fundamentals, Distributed Ledger Technology, Smart Contracts, Cryptocurrency Concepts, Supply Chain Applications of Blockchain, Business Cases for Blockchain
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