Indian Institute of Management Ranchi- Scholarships

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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.

Ranchi, Jharkhand

More about IIM Ranchi Scholarships

Indian Institute of Management Ranchi, widely recognized among India's leading management institutions, was established in 2009. As an autonomous institution and an Institute of National Importance located in Ranchi, Jharkhand, it has rapidly built a legacy of academic rigor and leadership development. Operating from its modern 60-acre permanent campus at Prabandhan Nagar, the institute provides a conducive environment for learning and growth. IIM Ranchi offers a diverse portfolio of seven degree programmes across nine academic areas, catering to various career aspirations. Its flagship programs include the two-year MBA, MBA in Human Resource Management, and MBA in Business Analytics, alongside a five-year Integrated Programme in Management (IPM), Executive MBA, PhD, and Executive PhD. Admission to the prominent MBA programs is primarily through the CAT examination, while IPM admissions are based on the IPMAT score. The institute is committed to maintaining international standards of excellence, holding accreditation from the Association of MBAs (AMBA). IIM Ranchi was ranked 17th in the NIRF 2024 Management category, reflecting its strong performance across various parameters including teaching, learning, resources, and placements. The campus life at IIM Ranchi is vibrant, fostering holistic development through various clubs, committees, and industry interactions. Students benefit from exposure to industry experts and a curriculum aligned with corporate requirements. Career outcomes at IIM Ranchi are robust, with a strong placement record. In the 2024-25 placement season, the institute recorded a highest domestic CTC of Rs 50.39 LPA for its MBA program. The average package for the 2024 batch stood at Rs 18.69 LPA, with leading companies across sectors like BFSI, Consulting, and E-commerce recruiting students. IIM Ranchi also emphasizes global exposure, facilitating international collaborations with institutions such as Ural Federal University, Woosong University, and Alba Graduate Business School.

Scholarships for programs at IIM Ranchi

Browse the complete list of scholarships offered at IIM Ranchi for undergraduate, postgraduate, and diploma programs. Find out eligibility, benefits, required documents, and important deadlines.

Scholarship for MBA

Scholarships	Eligibility	Benefit
Merit-cum-Means Scholarship	Academically outstanding individuals who face financial constraints.	Benefit Type: Fee Reduction Important Note: IIM Ranchi is committed to supporting meritorious students through the provision of 25 prestigious scholarships across MBA, MBA-HR, MBA-BA, and IPM. The scholarship award criteria provide additional weightage to differently-abled students (divyangs), Scheduled Caste (SC), and Scheduled Tribe (ST) categories. [5, 9]
Reserved Category Aid	Students belonging to SC/ST/EWS/PwD criteria.	Benefit Type: Financial Aid Important Note: Scholarships are based on SC/ST/EWS/PwD criteria. [6]
Income-Based Support	Students from low-income backgrounds.	Benefit Type: Financial Aid
Education Loan Guidance	All students requiring financial assistance.	Benefit Type: Loan Assistance Important Note: Assistance is provided under the Vidyalakshmi scheme. [6]
National Fellowship and Scholarship for Higher Education of ST Students	Students belonging to Scheduled Tribe (ST) categories.	Benefit Type: Scholarship Amount: ₹31,000 per annum
Merit-cum-Means Based Scholarship Scheme belonging to Minority Communities	Students belonging to Minority Communities.	Benefit Type: Scholarship Amount: ₹20,000 per annum
Central Sector Scholarship Scheme of Top Class Education for SC Students	Students belonging to Scheduled Caste (SC) categories.	Benefit Type: Scholarship
Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana - Department of Higher Education	Students pursuing higher education.	Benefit Type: Scholarship Amount: ₹20,000 per annum (PG Level)

Scholarship for PhD

Scholarships	Eligibility	Benefit
Financial Support / Fellowship	All full-time PhD students admitted to the program.	Benefit Type: Monthly Stipend, Tuition Waiver, Rent-Free Accommodation, Contingency Allowance, Computer/Software Support Amount: ₹35,000 per month (first two years), ₹40,000 per month (after comprehensive exam), ₹100,000 (contingency over 4 years), ₹50,000 (computer/software support) Important Note: The stipend increases after successful completion of the comprehensive qualifying examination at the end of the second year. Contingency allowance is spread over 4 years. [2, 5, 15]
Merit-cum-Means Scholarship (General)	Students in MBA, MBA-Business Analytics, MBA-Human Resources Management and Integrated Programme in Management (IPM) with parental income cap and exclusion of other scholarships. Gives weightage to differently-abled (divyangs), SC, and ST categories. [20, 21]	Benefit Type: Financial Aid Amount: Varies Important Note: This scholarship is generally for other PG and Integrated programs and is not explicitly stated as a separate scholarship for PhD students, as the PhD program itself is a fully funded fellowship. Included for comprehensive overview of college's scholarship offerings. [20, 21]

Scholarship for MBA-BA

Scholarships	Eligibility	Benefit
Merit cum Means Scholarship	Academically outstanding individuals facing financial constraints. Parental income cap. Excludes students who have availed other scholarships. Additional weightage for differently-abled (divyangs), Scheduled Caste (SC), and Scheduled Tribe (ST) categories. Requires excellent academic records and exceptional CAT performance.	Benefit Type: Financial aid towards education-related expenses (tuition, internet, stationery) Important Note: The scholarship program provides support to 25 students annually. The total value of scholarships is around ₹1 crore every year. Specific individual benefit amounts are not consistently published.
Central Sector Scholarship for Top Class Education for SC Students	Students belonging to the SC category, pursuing post-secondary education.	Benefit Type: Covers tuition fees, other non-refundable dues, living expenses, cost of books and stationery, and cost of a computer. Important Note: Awarded by the Ministry of Social Justice and Empowerment, Government of India. Amount disbursed on merit basis after fulfilling eligibility criteria prescribed by the ministry.
National Fellowship and Scholarship for Higher Education of ST Students	Students belonging to the ST category.	Benefit Type: Covers tuition fees, other non-refundable dues, living expenses, cost of books and stationery, and cost of a computer. Amount: ₹31,000 Important Note: Awarded by the Ministry of Tribal Affairs, Government of India. Amount disbursed on merit basis after fulfilling eligibility criteria prescribed by the ministry.
Scholarships for Top Class Education for Students with Disabilities	Students with Disabilities (PwD).	Benefit Type: Maintenance allowance, disability allowance, book allowance, and reimbursement of compulsory non-refundable fees. Amount: Up to ₹2,00,000 per year Important Note: Awarded by the Department of Empowerment of Persons with Disabilities, Ministry of Social Justice and Empowerment, Government of India. Amount disbursed on merit basis after fulfilling eligibility criteria prescribed by the ministry.
Merit Cum Means Scholarship For Professional and Technical Courses (Minority)	Students belonging to minority communities.	Benefit Type: Course fees and maintenance allowance. Amount: ₹20,000 Important Note: Awarded by the Ministry of Minority Affairs, Government of India. Amount disbursed on merit basis after fulfilling eligibility criteria prescribed by the ministry.

Scholarship for MBA-HRM

Scholarships	Eligibility	Benefit
Merit cum Means Scholarship	Academically outstanding individuals facing financial constraints, parental income cap applies. Additional weightage for differently-abled (Divyangs), Scheduled Caste (SC), and Scheduled Tribe (ST) categories. Excludes students who have availed other scholarships.	Benefit Type: Tuition fee reduction Important Note: Around 25 scholarships provided annually across MBA, MBA-HR, MBA-BA, and IPM programs. The total value of scholarships is around ₹1 crore every year.

Scholarship for IPM

Scholarships	Eligibility	Benefit
Merit-cum-Means Scholarship	Minimum 7.50 CGPA and maximum ₹8 Lakhs annual family income. Additional weightage for differently-abled (Divyangs) students, Scheduled Caste (SC), and Scheduled Tribe (ST) categories.	Benefit Type: Tuition fee reduction (refund per term) Amount: ₹40000 per term Important Note: Available to 25 students annually across MBA, MBA-HR, MBA-BA, and IPM programs, with 9 seats specifically for IPM students (3 from each undergraduate batch). Students who have availed other scholarships are excluded.
Scheme of Scholarship for Top Class Education for Students with Disabilities (Government of India)	Students with disabilities.	Benefit Type: Financial Aid Amount: Up to ₹200000 per year

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