IIM Ranchi Courses and Fees 2026: Get Course-Wise Fee Structure

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Venushree Agarwal Venushree Agarwal | Sep 29, 2025
Venushree Agarwal
Venushree Agarwal

Updated on - Sep 29, 2025

IIM Ranchi Fee Structure And List Of Courses Summary

Course Average Fees Duration Action
MBA

₹16,10,000

2 Years
BBA -- 3 Years
PhD

₹6,00,000

3 Years
Executive MBA

₹12,50,000

1 Year

IIM Ranchi fees for 2026 are ₹19.2 lakh for MBA, MBA-HR, and MBA-BA, ₹36.75 lakh for the five-year IPM, ₹25.4 lakh for Executive MBA, and ₹6.5 lakh for PhD and Executive PhD. Hostel fees range from ₹1.2–2.46 lakh annually, covering tuition, hostel, and caution deposits (₹10,000–20,000 refundable). Mess charges (₹28,350 per trimester) and a one-time alumni fee (₹10,000) are additional costs.

With scholarships covering up to 50% of tuition and a 100% MBA placement rate (₹19.29 LPA average in 2025), IIM Ranchi offers strong ROI, with a payback period of roughly 1–1.5 years. Explore the detailed IIM Ranchi fee structure, eligibility, and financial aid options for 2026.

IIM Ranchi Courses & Fees Overview 2026

With seven specialized programs, including MBA, MBA-HR, MBA-BA, IPM, Executive MBA, PhD, and Executive PhD, IIM Ranchi caters to diverse career aspirations. Over 250 seats across AICTE-approved programs emphasize leadership, analytics, and industry exposure.

Course Total Fees Eligibility
MBA ₹19.2 lakh Bachelor’s with 50% + CAT
MBA-HR ₹19.2 lakh Bachelor’s with 50% + CAT
MBA-BA ₹19.2 lakh Bachelor’s with 50% + CAT
IPM (BBA-MBA) ₹36.75 lakh 12th with 60% + IPMAT
Executive MBA ₹25.4 lakh Graduation + 5 Years Experience
PhD ₹6.5 lakh Master’s with 60% + CAT/GMAT/GRE
Executive PhD ₹6.5 lakh Master’s + 5 Years Experience

For course-wise admission details, visit IIM Ranchi Admission.

IIM Ranchi MBA Fees 2026

The IIM Ranchi fee for MBA totals ₹19.2 lakh for two years, covering tuition and hostel charges. With 250 seats, this program equips students for leadership roles at top firms like Amazon and EY, boasting a 2025 average package of ₹19.29 LPA.

Component Amount
Tuition Fees ₹17.8 lakh
Hostel Fees ₹1.2 lakh
Caution Deposit ₹20,000
Total Fees ₹19.2 lakh
  • Mess Charges: ₹28,350 per trimester is charged separately to cover dining expenses, ensuring quality meals and flexibility for students.
  • Alumni Fee: A one-time, non-refundable fee of ₹10,000 is required, granting lifelong access to IIM Ranchi’s alumni network and events.
  • Focus: The MBA curriculum emphasizes strategy, finance, marketing, and operations, preparing students for diverse roles in global corporations.
  • ROI: With an average placement package of ₹19.29 LPA, the MBA offers a payback period of ~1.2 years, making it a high-value investment.

IIM Ranchi MBA-HR and MBA-BA Fees 2026

IIM Ranchi fees for MBA-HR and MBA-BA match the flagship MBA at ₹19.2 lakh for 2026. Each with ~60 seats, these programs focus on human resource strategy and data-driven decision-making, respectively, aligning with industry needs.

Program Total Fees
MBA-HR ₹19.2 lakh
MBA-BA ₹19.2 lakh

Career Prospects: MBA-HR graduates secure roles like HR Manager with the highest package of ₹35.3 LPA, while MBA-BA graduates excel as Data Analysts, reaching ₹34.91 LPA (2025).

IIM Ranchi IPM Fees 2026

IIM Ranchi fees for IPMAT total ₹36.75 lakh for five years, with 120 seats. This integrated BBA-MBA program offers a BBA exit option after three years, ideal for young aspirants seeking early management exposure.

Component Amount
Tuition Fees (Years 1-3) ₹15.93 lakh
Tuition Fees (Years 4-5) ₹19.2 lakh
Hostel Fees ₹1.62 lakh
Total Fees ₹36.75 lakh
  • Caution Deposit: A refundable ₹20,000 deposit is required to secure facilities, returned upon program completion without deductions for damages.
  • Mess Charges: ₹28,350 per trimester is charged separately to cover dining costs, providing nutritious meals tailored to student preferences.
  • Focus: The IPM builds a multidisciplinary foundation in humanities, sciences, and business, fostering well-rounded management professionals.

IIM Ranchi Executive MBA Fees 2026

The IIM Ranchi Executive MBA fee is ₹25.4 lakh for a two-year hybrid program, designed for professionals with 5+ years of experience. With 60 seats, it blends online and residential modules for flexibility.

Component Amount
Tuition Fees ₹25.4 lakh
Caution Deposit ₹10,000
Alumni Fee ₹10,000
Total Fees ₹25.6 lakh

The Executive MBA program combines online weekend classes with residential end-of-term modules, enabling working professionals to balance career and education.

IIM Ranchi PhD Fees 2026

IIM Ranchi fees for PhD and Executive PhD are ₹6.5 lakh for four years, targeting research-driven careers. PhD candidates may receive stipends up to ₹45,000/month. 

Program Total Fees
PhD ₹6.5 lakh
Executive PhD ₹6.5 lakh
  • Focus: The programs emphasize advanced research in HR, finance, operations, and analytics, preparing candidates for academia and industry research roles.
  • ROI: With low fees and stipends up to ₹45,000/month for PhD candidates, these programs offer high financial returns for research-focused careers.

IIM Ranchi Hostel Fees 2026

IIM Ranchi hostel fees range from ₹1.2–2.46 lakh annually, offering single-occupancy for MBA and twin-sharing for IPM. The serene campus provides modern amenities like Wi-Fi and sports facilities.

Program Hostel Fees
MBA/MBA-HR/MBA-BA ₹1.2 lakh
IPM ₹1.62 lakh
Total Fees ₹1.2 lakh-₹1.62 lakh
  • Facilities: Hostels include a cafeteria, 24/7 snack bar, sports complex, Wi-Fi, and laundry, ensuring a comfortable living experience for students.
  • Deposit: A refundable deposit of ₹10,000–20,000 is required, returned post-program if no damages are incurred to hostel facilities.

How IIM Ranchi Fees Compare with Other IIMs

IIM Ranchi offers competitive value for money with its MBA fees, placement outcomes, and robust industry connections. Below is the institute's comparison with IIM Rohtak and IIM Raipur, highlighting fee structures and placement packages to showcase their cost-effectiveness.

College MBA Fees Avg. Placement (2025)
IIM Ranchi ₹19.2 lakh ₹19.29 LPA
IIM Rohtak ₹17.9 lakh ₹18.73 LPA
IIM Raipur ₹18 lakh ₹19.70 LPA
  • IIM Ranchi: Strong ROI with a high average package and top-tier recruiters like Amazon, offering excellent value for specialized programs like MBA-HR and MBA-BA.
  • IIM Rohtak: Most affordable among the three, with a solid placement record, ideal for cost-conscious students seeking quality education.
  • IIM Raipur: Competitive fees and strong placements in BFSI and IT sectors, delivering diverse career opportunities.

Additional Expenses to Consider for IIM Ranchi 

Beyond the IIM Ranchi fee structure, budget for additional costs like books, travel, and personal expenses to ensure a seamless academic experience.

  • Books & Materials: Estimated at ₹20,000–30,000 per year, covering textbooks, case studies, and academic resources essential for coursework.
  • Laptop: A one-time cost of ₹50,000–80,000 for a program-compatible laptop, necessary for assignments, projects, and online learning.
  • Travel: Outstation students should budget ₹15,000–50,000 per year for travel to and from Ranchi, depending on location and frequency.
  • Personal Expenses: Approximately ₹30,000–50,000 per year for miscellaneous costs like clothing, recreation, and personal supplies.
  • Estimated Total: Additional expenses range from ₹1.15–2.1 lakh per year, excluding fees, varying based on individual lifestyle choices.

Note: Costs vary based on individual lifestyle.

IIM Ranchi Fee Payment Schedule and Modes

IIM Ranchi fees are payable in semester-wise installments starting July 2026, via online portals or demand drafts for student convenience.

  • MBA/MBA-HR/MBA-BA: Fees of ₹4.8 lakh per semester (4 semesters) ensure manageable payments for the two-year programs.
  • IPM: Annual fees of ₹5.31 lakh for Years 1-3 and ₹9.6 lakh for Years 4-5, reflecting the integrated BBA-MBA structure.
  • Executive MBA: ₹6.35 lakh per semester for the hybrid program, designed to accommodate working professionals’ schedules.
  • Payment Modes: Flexible options include net banking, UPI, or demand draft, ensuring ease of payment for all students.
  • Deadline: Payments are due 30 days before each semester starts; late payments incur penalties of ₹5,000–10,000.

IIM Ranchi Scholarships and Financial Aid

IIM Ranchi offers 25 merit-cum-means scholarships worth ₹1 crore annually for MBA, MBA-HR, MBA-BA, and IPM students. Government schemes and bank loans further reduce financial barriers.

  • Merit-cum-Means Scholarship: Up to 50% tuition waiver for high-performing students with financial need, supporting academic excellence and affordability.
  • SC/ST Scholarships: Full tuition waivers through government schemes like Post-Matric Scholarship, ensuring access for underprivileged students.
  • PM-Vidyalaxmi Scheme: Collateral-free loans up to ₹40 lakh, available via pmvidyalaxmi.co.in, easing financial burdens.
  • Bank Loans: Tie-ups with SBI and Axis Bank offer 7–8% interest loans, with no collateral required for up to ₹20 lakh.

Check the IIM Ranchi Scholarships page for complete details on available scholarships.

IIM Ranchi Placements and ROI

IIM Ranchi’s 2025 placements recorded a 100% rate, with an average package of ₹19.29 LPA and a highest of ₹50.39 LPA for MBA, ensuring a payback period of ~1–1.5 years.

  • Top Recruiters: Leading companies like Amazon, Infosys, Goldman Sachs, and EY regularly recruit, offering diverse roles across sectors.
  • Highest Package: ₹50.39 LPA in 2025 for MBA graduates, reflecting strong demand for IIM Ranchi’s talent in top-tier firms.
  • Average Package: ₹19.29 LPA in 2025 for MBA, showcasing consistent placement outcomes and high earning potential.
  • ROI: With a payback period of ~1.2 years for MBA at the average package, IIM Ranchi offers excellent financial returns.

Check course-wise placement insights at IIM Ranchi Placements.

IIM Ranchi’s 2026 programs offer exceptional value through industry-aligned curricula and robust placements. Verify the latest IIM Ranchi fees and admission details on the official IIM Ranchi website for accurate planning.

IIM Ranchi Courses and Fee Structure

Filter By:
₹ 16,10,000 (2 Years)
Average Fees

All Branches of MBA [Master of Business Administration]

₹ 16,10,000

All Branches of BBA [Bachelor of Business Administration]

₹ 31,58,000

Executive MBA

Offline • On Campus

₹ 12,50,000 (1 Year)
Average Fees

All Branches of Executive MBA

IIM Ranchi MBA CAT Cutoff 2022 - General

IIM Ranchi MBA CAT cutoff 2022 has been released for Round 1. The overall IIM Ranchi MBA cutoff 2022 Percentile for General category is 94%.

MBA [Master of Business Administration] Round 1 (Percentile)
MBA in Human Resource Management
94.00%
View Detailed Cutoff

FAQs on IIM Ranchi Courses and Fees

Q: What is the application fee for IIM Ranchi programs in 2026?

A:

The application fee for IIM Ranchi’s MBA programs (MBA, MBA-HR, MBA-BA) in 2026 is ₹2,000 for General/EWS/NC-OBC and ₹1,000 for SC/ST/PwD candidates, payable online. For IPM, the fee is ₹2,500 (General/EWS/NC-OBC) and ₹1,250 (SC/ST/PwD). Executive MBA and PhD fees vary; check the official portal for specifics.

Q: Are there fee waivers for female candidates at IIM Ranchi?

A:

IIM Ranchi does not offer specific fee waivers for female candidates in 2026. However, female and transgender candidates receive a 5-point bonus in the IPM admission process, enhancing selection chances. Merit-cum-means scholarships are available for all, regardless of gender, based on financial need and academic performance.

Q: Are EWS candidates eligible for fee concessions at IIM Ranchi?

A:

IIM Ranchi provides fee concessions for EWS candidates through government-sponsored scholarships like PM-Vidyalaxmi, covering up to 100% tuition for eligible students. Additionally, merit-cum-means scholarships offer up to 50% tuition waivers based on financial need and academic merit, applicable across MBA and IPM programs.

Q: Can international students access IIM Ranchi scholarships?

A:

IIM Ranchi’s scholarships, such as merit-cum-means and government schemes, are primarily for Indian nationals. International students may explore external funding or bank loans through IIM Ranchi’s tie-ups (e.g., SBI, Axis Bank). Contact the admissions office at admissions@iimranchi.ac.in for specific eligibility details.

Q: What penalties apply for late fee payments at IIM Ranchi?

A:

Late fee payments at IIM Ranchi for 2026 incur a penalty of ₹5,000–10,000, depending on the program and delay duration, as per institute policy. Students must adhere to semester-wise payment deadlines (typically 30 days before term start) to avoid additional charges. Verify details on the official portal.

IIM Ranchi Reviews

Overall Rating

4.2

Verified

Distribution of Rating

>4-5 star

21

>3-4 star

2

>2-3 star

0

1-2 star

0

Academics & Faculty

4.5

Placements & Internships

4.3

College Infrastructure & Hostel Facilities

4.2

Clubs & Associations

4.5

Fees & Scholarships

3.9

Verified
Sidharth Bains Batch 2016 PGPM [Post Graduate Programme in Management]
4.1
Reviewed on Jul 16, 2016
4 Academics
5 Fees
4 Placements
3.5 Infrastructure

Fees & Scholarships : The fees for the course at our time was about Rs 10.5 lakhs, i. e. for the 2 years, For the top notch faculty and the great hostel facilities at Khelgaon, the price is adequate. At the first day of college,

Read More

Verified
Harshal Arekar Batch 2017 PGPM [Post Graduate Programme in Management]
4.8
Reviewed on Apr 05, 2016
4.5 Academics
5 Placements
5 Infrastructure
5 Campus

Academics & Faculty : IIM Ranchi since its inception is always trying to create its impact in industry. At IIM Ranchi we get an opportunity to interact with industry leaders of good companies through Colloquium which helps us to get to know about act

Read More

Verified
Nidhi Dwivedi Batch 2017 PGPM [Post Graduate Programme in Management]
4.3
Reviewed on Apr 04, 2016
4 Academics
4.5 Placements
5 Infrastructure
4 Campus

Academics & Faculty : The quality of professors we have in IIM Ranchi is quite great. There are many visiting faculties coming from colleges like IIM Calcutta, MDI Gurgaon, NITIE Mumbai,etc. Various eminent professors like Prof. Jean Dreze, a Belgium

Read More

Verified
Ruchir Bhartee Batch 2017 PGPM [Post Graduate Programme in Management]
4.6
Reviewed on Mar 12, 2016
4.5 Academics
4.5 Fees
5 Placements
4.5 Infrastructure

Fees & Scholarships : The current fee is Rs 12 lakhs for 2 year inclusive of hostel and mess fee. Banks jump onto you to take their loan when you come down here for registration.

Academics & Faculty :

Read More

Verified
Ashmita Bose15 Batch 2017 Others
3.9
Reviewed on Feb 17, 2016
4.5 Academics
2.5 Fees
4 Placements
4.5 Infrastructure
4 Campus

Fees & Scholarships : Course fee is INR 11,50000 for 2 years. Scholarships are available only for students of ST category (National Scholarship for Higher Education for ST stuudents). In average 2-3 students

Read More

View All Reviews

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