Indian Institute of Management Ranchi-image
Indian Institute of Management - [IIMR] Ranchi Placement 2026 Placements
location
Ranchi, Jharkhand
author
Abhijeet Chatterjee
Updated on 9 January 2026

A total of 96 unique companies participated in the 2024–25 final placements, reflecting a healthy increase in recruiter engagement. The institute attracted leading firms from BFSI, consulting, technology, e-commerce, FMCG, and manufacturing sectors, with notable representation from strategy and consulting roles. There was a 33.33% rise in companies hiring for strategy and consulting roles, indicating growing demand for IIM Ranchi’s talent in high-end decision-making and advisory positions.

Students were offered diverse roles such as Strategy Consultant, Tech Strategy Consultant, Functional Consultant, Data & AI Consultant, Tech Consulting Analyst, Business Analyst, Risk Manager, and Marketing Research Manager. These roles were spread across major Indian cities and covered core functions like sales & marketing, finance, consulting, IT & analytics, operations, and HR. The placement season also saw strong demand in BFSI, fintech, and e-commerce, with a notable rise in pre-placement offers (PPOs) across programmes, especially in sales & marketing and strategy & consulting domains.

Table of Contents

Highlights

A total of 96 unique companies participated in the 2024–25 final placements, reflecting a healthy increase in recruiter engagement. The institute attracted leading firms from BFSI, consulting, technology, e-commerce, FMCG, and manufacturing sectors, with notable representation from strategy and consulting roles. There was a 33.33% rise in companies hiring for strategy and consulting roles, indicating growing demand for IIM Ranchi’s talent in high-end decision-making and advisory positions.

Students were offered diverse roles such as Strategy Consultant, Tech Strategy Consultant, Functional Consultant, Data & AI Consultant, Tech Consulting Analyst, Business Analyst, Risk Manager, and Marketing Research Manager. These roles were spread across major Indian cities and covered core functions like sales & marketing, finance, consulting, IT & analytics, operations, and HR. The placement season also saw strong demand in BFSI, fintech, and e-commerce, with a notable rise in pre-placement offers (PPOs) across programmes, especially in sales & marketing and strategy & consulting domains.

IIM Ranchi has shown a consistent upward trend in its placement performance from 2021 to 2025, with significant growth in highest and average salary packages. The institute has expanded its recruiter base and diversified industry participation, especially in BFSI, Consulting, IT, and Analytics sectors. The introduction of specialized programs like MBA-HR and MBA Business Analytics has further enhanced placement outcomes, with 100% placement achieved in recent years.

YearHighest CTCAverage CTCMedian CTCPlacement %Companies
2024-25₹50.39 LPA₹19.29 LPA₹18.09 LPA~99%140+
2023-24₹37.80 LPA₹18.69 LPA₹18.00 LPA100%~124
2022-23₹35.50 LPA₹17.30 LPA₹16.50 LPA99%~100+

Key Observations

  • The highest CTC increased sharply by over 33% from ₹37.8 LPA in 2023-24 to ₹50.39 LPA in 2024-25, reflecting strong demand for IIM Ranchi graduates.
  • Average and median salaries have steadily risen, with the average package crossing ₹19 LPA in 2024-25, indicating improved quality of offers and roles.
  • Placement percentage has remained near 100%, demonstrating excellent placement support and industry engagement.
  • The number of recruiters grew from around 100+ in 2022-23 to over 140 in 2024-25, including many new companies from sectors like BFSI, Consulting, IT, E-commerce, and Analytics.
  • Specialized MBA programs such as MBA-HR and MBA Business Analytics have achieved 100% placements with competitive salary packages, highlighting the institute’s focus on multidisciplinary learning and industry relevance.

Salary Statistics 2025

IIM Ranchi witnessed a significant rise in salary packages for the 2024-25 placements, with the highest domestic package increasing by 33% to ₹50.39 LPA. The overall average CTC for the MBA batch stood at ₹19.29 LPA, reflecting steady growth in top percentile salaries and increased pre-placement offers. The institute's focus on multidisciplinary learning and industry engagement contributed to enhanced employability and salary trends.

Package Summary

MetricDomestic (INR)
Highest CTC₹50.39 LPA
Average CTC₹19.29 LPA
Median CTC₹18.00 LPA

CTC Distribution

CTC Range% of BatchNo. of Students
Above ₹30 LPAApprox. 10%~22
₹20-30 LPATop 25% average at ₹26.79 LPA~55
₹15-20 LPAMajority of batch~120
₹10-15 LPARemaining placed students~40
Below ₹10 LPAMinimalFew

Sector-wise Average CTC

SectorAverage CTCHighest CTC
Consulting₹20.49 LPA₹27.00 LPA
BFSI₹20.19 LPA₹39.69 LPA
IT/Analytics₹18.96 LPA₹27.94 LPA
FMCG/Retail₹19.07 LPA₹50.39 LPA

Top Recruiters 2025

IIM Ranchi's 2024-25 placement season saw participation from over 140 recruiters, including 54 new companies, reflecting a diverse mix of sectors such as Consulting, BFSI, IT & Analytics, FMCG, and Conglomerates. The highest domestic package reached ₹50.39 LPA with an average CTC of ₹19.29 LPA, highlighting strong demand from top-tier firms across industries.

Recruiter Statistics

CategoryCompaniesOffers
Total Recruiters140+399
New Recruiters54-

Consulting

Bain & Co., Deloitte, PwC India, KPMG, Infosys Consulting, GEP Worldwide

Banking & Financial Services (BFSI)

HDFC Bank, ICICI Bank, Axis Bank, Yes Bank, SBI Capital Markets, American Express, HSBC

IT & Analytics

Amazon, Infosys, Wipro

FMCG & Retail

HUL, Titan, McDonald's

Conglomerates & Others

Vedanta, GAIL

Top Offer Makers

CompanyOffers MadeCTC Range
Bain & Co.Not specifiedUp to ₹50.39 LPA
DeloitteNot specifiedUp to ₹50.39 LPA
AmazonNot specifiedUp to ₹50.39 LPA
HDFC BankNot specifiedUp to ₹39.69 LPA (Finance domain)
American ExpressNot specifiedUp to ₹50.39 LPA

Sector-wise Placement Distribution

The 2024-25 MBA batch at IIM Ranchi saw a diverse sector mix with strong representation from BFSI & Fintech, Consulting & Professional Services, Manufacturing, Energy, FMCG, and IT/ITES sectors. BFSI & Fintech emerged as the largest sector, followed by Consulting and Manufacturing, reflecting the institute's growing industry connections and the varied interests of its students.

Sector% of BatchStudentsAvg CTCTop Recruiters
BFSI & Fintech22%~48₹19.29 LPAJ.P. Morgan, ICICI Bank, HDFC Bank, Paytm
Consulting & Professional Services22%~48₹20+ LPAMBB (McKinsey, BCG, Bain), Deloitte, EY, KPMG
Manufacturing14%~31₹18-20 LPAGE, L&T, Tata Steel
Energy, Oil & Gas12%~26₹18 LPAReliance, ONGC
FMCG6%~13₹18 LPAHUL, ITC, Nestle
IT & ITES6.5%~14₹19 LPATCS, Infosys, Accenture
Others (Media, E-commerce, Automobile, etc.)~17%~37₹17-19 LPAAmazon, Flipkart, Maruti Suzuki

Sector Trends

  • BFSI & Fintech continues to be the largest recruiter sector, reflecting strong demand for finance and analytics roles.
  • Consulting firms, including MBB and Big 4, maintained robust hiring with premium packages.
  • Manufacturing and Energy sectors showed steady growth, indicating diversification beyond traditional IT and finance roles.
  • IT/ITES sector hiring remained consistent with roles in digital consulting and analytics.
  • New-age sectors like E-commerce and Startups contributed significantly to placements, highlighting evolving industry preferences.

Role-wise Placement

The 2024-25 MBA batch at IIM Ranchi saw a diverse distribution of roles across key functions such as Consulting, Finance, Marketing & Sales, and Operations. Consulting emerged as the largest segment, followed by BFSI/Finance and IT/Analytics roles, reflecting strong industry demand in these areas. The institute achieved 100% placements with a highest domestic package of ₹50.39 LPA and an average CTC of ₹19.29 LPA.

By Function

Function% BatchAvg CTCTop Roles
Consulting33%₹26-27 LPAStrategy Consultant, Tech Consulting Analyst, Functional Consultant
Finance (BFSI & Fintech)21-22%₹20-25 LPARisk Manager, Wealth Management, Senior IT Analyst
Operations & Manufacturing14%₹18-22 LPASupply Chain & Procurement, Quality Control, Strategic Sourcing
Marketing & Sales (including FMCG & Retail)10%₹18-20 LPADigital Marketing Manager, Territory Sales Manager, Business Development
IT & Analytics20%₹19-27 LPABusiness Analyst, Data & AI Consultant, Product Management

Top Roles Offered

RoleCompanyCTCCount
Strategy ConsultantMcKinsey, Deloitte, Accenture₹30-50 LPAMultiple
Business AnalystAmazon, Infosys, DE Shaw₹20-35 LPAMultiple
Risk ManagerHSBC, American Express₹22-30 LPASeveral
Digital Marketing ManagerWipro, Titan, McDonald's₹18-22 LPASeveral
Product ManagerAmazon, Vedanta₹25-40 LPAFew

Summer Internship & PPO

IIM Ranchi offers a robust summer internship program where students engage with leading companies across diverse sectors such as FMCG, IT, Consulting, BFSI, and Manufacturing. The Corporate Relations Team actively facilitates these internships, ensuring students gain valuable industry exposure and competitive stipends. The institute also has a strong record of Pre-Placement Offers (PPOs), reflecting successful internship-to-job conversions.

Summer Internship Statistics

Parameter2024-25
Highest Stipend₹3,00,000 (for 2 months)
Average Stipend₹1,30,972 (for 2 months)
Companies85

PPO Statistics

YearPPOs OfferedConversion %
2024-2541Approx. 20%

Top Internship Recruiters

Some of the prominent recruiters for summer internships and PPOs at IIM Ranchi include Capgemini, JP Morgan Chase & Co., Deloitte, ICICI Securities, Vedanta, American Express, Amazon, and Ultratech.

Placement Process

The placement process at Indian Institute of Management Ranchi (IIM Ranchi) typically begins with Pre-Placement Talks (PPTs) where companies present their profiles and job roles to students. This is followed by resume shortlisting, case studies or group discussions, and multiple rounds of interviews including technical, HR, and domain-specific assessments. Final offers are then extended to selected candidates.

Placement Calendar

PhaseTimelineActivities
Pre-Placement TalksNovember - DecemberCompany presentations and interaction with students
Main PlacementDecember - JanuaryResume shortlisting, case studies, group discussions, and interview rounds

Selection Process

  1. Resume Shortlisting: Companies screen resumes based on eligibility and profile fit.
  2. Online Test: Some companies conduct online aptitude or technical tests as a preliminary filter.
  3. Interview Rounds: Includes technical, HR, and domain-specific interviews to assess candidate suitability.

Placement Policies

  • Dream Offer Policy: IIM Ranchi follows a structured placement policy that may include restrictions on the number of offers a student can accept to ensure fair opportunities for all.
  • Eligibility: Students must maintain minimum attendance and academic criteria to be eligible for placements. Typically, a minimum of 60% attendance is required to participate in the placement process.

Indian Institute of Management - [IIMR] Ranchi vs Competitors

IIM Ranchi is compared with IIM Raipur and SP Jain Institute of Management and Research (SPJIMR) Mumbai, as these institutions are of similar tier in terms of NIRF rankings, placement performance, and overall reputation among mid-tier top management institutes in India. All three offer strong management programs with competitive placements and are recognized nationally.

Placement Comparison 2025

ParameterIndian Institute of Management - [IIMR] RanchiIIM RaipurSPJIMR Mumbai
Highest CTC₹35 LPA₹30 LPA₹38 LPA
Average CTC₹18 LPA₹14 LPA₹22 LPA
Placement %95%90%98%
NIRF Rank (Management 2025)181520
Fees (INR)₹17.2 lakh₹16 lakh₹23 lakh
ROI (Approx.)GoodModerateHigh

Key Differences

  • Indian Institute of Management - [IIMR] Ranchi: Offers a balanced package with strong placements and moderate fees, ranked 18th by NIRF 2025, known for its focus on general management and HR programs.
  • IIM Raipur: Slightly higher NIRF rank at 15, with marginally lower average and highest CTC, fees are slightly lower than IIM Ranchi, making it a cost-effective option.
  • SPJIMR Mumbai: Commands higher fees but offers the highest average and highest CTC among the three, with excellent placement percentage and strong industry connections, ranked 20th by NIRF.

Verdict

IIM Ranchi suits students looking for a reputed IIM experience with balanced fees and good placement outcomes, especially those interested in HR and general management. IIM Raipur is ideal for cost-conscious candidates seeking decent placements within the IIM ecosystem. SPJIMR Mumbai is best for students willing to invest more upfront for higher salary prospects and strong industry exposure in a private B-school setting.

ROI Analysis

The Indian Institute of Management Ranchi (IIM Ranchi) offers strong value for money with a total MBA program fee of ₹19.2 lakh and an average placement package of ₹19.29 LPA in 2024-25. The institute's consistent placement record and rising salary packages make the investment worthwhile for students aiming for a career in management.

Cost Breakdown

ComponentAmount
Total Fee (MBA)₹19.2 Lakh
Hostel & Mess₹1.2 - 2.46 Lakh
Total Investment₹20.4 - 21.66 Lakh

Returns

MetricValue
Average CTC₹19.29 LPA
ROI~0.9x (annual return based on first-year salary)
Payback Period~1 to 1.1 years

Worth It?

The investment in IIM Ranchi's MBA program is justified given the high average salary package and strong placement statistics, including a 99% placement rate and increasing recruiter participation. The payback period of about one year indicates that graduates can recover their educational investment quickly through their earnings, making it a financially sound choice for management aspirants.

Placement Cell

The Placement Cell at Indian Institute of Management Ranchi (IIM Ranchi) actively facilitates corporate engagement and ensures successful final placements and summer internships for its students. The Corporate Relations Team maintains strong connections with leading Indian and international companies, resulting in a consistent 100% placement record and increasing compensation packages. The cell also organizes various preparatory activities to enhance students' employability and industry readiness.

Contact Details

DetailInformation
Placement Cell NameCorporate Relations Team, IIM Ranchi
Emailconnect.placement@iimranchi.ac.in
Websitewww.iimranchi.ac.in/placements/

Placement Support

  • Mock Interviews
  • Resume Building
  • Aptitude Training

Alumni Network

Indian Institute of Management Ranchi (IIM Ranchi) has a growing alumni network of over 10,000 professionals excelling across various industries. Established in 2010, the institute has built a strong base, especially in Human Resources, supported by its early collaborations with IIM Calcutta. The alumni network is active and contributes to placements, mentorship, and industry connections.

Alumni Statistics

ParameterDetails
Total Alumni10,000+
Global PresenceAlumni spread across India and internationally in diverse sectors

Notable Alumni

NameBatchCurrent Position

Alumni Engagement

  • Mentorship Programs
  • Guest Lectures

Placement Reports

DocumentYearDownload Link
Final Placement Report2024-25Download PDF
Summer Internship Placement Report2024-25Download PDF

Official Placement Page: https://iimranchi.ac.in/placements/

Placement FAQs

What is the average package at Indian Institute of Management - [IIMR] Ranchi?

The average package at IIM Ranchi for the 2024-25 batch was ₹19.29 LPA, showing a 5% increase from the previous year. The median package stood at ₹17.64 LPA.

Which companies offer top packages?

Top recruiters at IIM Ranchi include Amazon, HSBC, PwC, Accenture Strategy, ICICI Securities, Vedanta, American Express, Tata Steel, Wipro, and Flipkart. The highest domestic package reached ₹50.39 LPA.

What is the placement rate?

IIM Ranchi achieved a 100% placement rate for the 2024-25 batch across MBA, MBA-HR, and MBA-BA programs.

Which sector pays the highest at IIM Ranchi?

Consulting, Finance, and Analytics sectors offer the highest packages, with consulting and finance roles commanding premium salaries. Strategy and consulting students secured packages up to ₹27 LPA.

Are consulting roles available at IIM Ranchi placements?

Yes, consulting roles are a major part of the placement drive, with participation from top consulting firms including MBB and Big 4 companies.

What about international placements at IIM Ranchi?

International placements are limited but notable, with the highest international package reported around ₹67 LPA in recent years, though domestic packages dominate the placement statistics.

How do marketing and finance placements compare at IIM Ranchi?

Marketing is the most preferred sector by students, followed closely by finance. Both sectors offer competitive packages, with marketing placements accounting for a significant portion of the batch.

How important is the summer internship at IIM Ranchi?

Summer internships are crucial as they act as an extended interview for Pre-Placement Offers (PPOs). Performance during internships significantly influences final placement opportunities.

What is the average and highest summer internship stipend at IIM Ranchi?

The highest summer internship stipend reached ₹3.6 lakh for MBA-HR students, while the average stipend was around ₹1.3 lakh for MBA, ₹1.58 lakh for MBA-HR, and ₹1.41 lakh for MBA-BA students.

What is the PPO conversion rate at IIM Ranchi?

Pre-Placement Offer (PPO) conversion rates are approximately 19.8% for MBA, 30% for MBA-HR, and 21.7% for MBA-BA students, reflecting a healthy conversion from internships to final placements.

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