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
- IIM Ranchi MBA Fees 2026
- IIM Ranchi IPM Fees 2026
- IIM Ranchi Executive MBA Fees 2026
- IIM Ranchi PhD Fees 2026
- IIM Ranchi Hostel Fees 2026
- How IIM Ranchi Fees Compare with Other IIMs
- Additional Expenses to Consider for IIM Ranchi
- IIM Ranchi Fee Payment Schedule and Modes
- IIM Ranchi Scholarships and Financial Aid
- IIM Ranchi Placements and ROI
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.