IIM Ranchi Placements 2023: Highest & Average Salary Package, Top Companies

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Maimil Maiti Maimil Maiti | Jan 3, 2024

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Maimil Maiti
Maimil Maiti

Updated on - Jan 3, 2024

The IIM Ranchi placements have been successfully concluded for the batch of 2021-2023. Indian Institute of Management Ranchi saw the highest package standing at INR 67 LPA. The average package offered to students was INR 17.3 LPA for the MBA course 2023.

In the Indian Institute of Management Ranchi placements 2023, 124 companies participated in campus placements, completing 100% batch placements. IIM Ranchi saw outstanding placement records, with students achieving several offers from their super-dream and dream companies.

The IIM Ranchi placement cell is responsible for all the placement-related activities like guest lectures for pre-placement training, skill-enhancement workshops, campus drives, summer internships and much more. Reputed organisations like Microsoft, BCG, Capgemini, Cognizant, Amazon, Flipkart, The Times Group, H&M, Deloitte, EY and several more companies participate in the Indian Institute of Management Ranchi placements.

Table of Contents

IIM Ranchi Placement Highlights 2023

IIM Ranchi incorporates a strong relationship with various top organisations and companies across India which helps students land attractive job opportunities during the final recruitment procedure.

IIM Ranchi is one of the top universities in India and thus ensures exemplary placement records to maintain the ranking. The detailed highlights for IIM Ranchi placements 2023 are tabulated below.

Courses MBA MBA-HR MBA BA
Total Number of Recruiters 124 29 25
Number of Students Placed 399 69 35
Number of PPOs Offered 76 13 6
IIM Ranchi Highest Package (International) INR 67 LPA - -
IIM Ranchi Highest Package (Domestic) INR 35.5 LPA INR 32.2 LPA INR 22.3 LPA
IIM Ranchi Average Package INR 17.3 LPA INR 16.3 LPA INR 16.4 LPA
IIM Ranchi Median Package INR 16.5 LPA INR 16 LPA INR 16 LPA

IIM Ranchi Normalised Batch Placement Highlights 2023

IIM Ranchi has recently recalculated its placement statistics for a “normalised” batch, which means a batch of 250 students. The new recalculated IIM Ranchi placements highlights are displayed below.

Particulars Highlights
IIM Ranchi Highest Package INR 67 LPA
IIM Ranchi Average Package INR 19.4 LPA
IIM Ranchi Top 10% Average Package INR 33.6 LPA
IIM Ranchi Top 25% Average Package INR 26.2 LPA
IIM Ranchi Median Package INR 18 LPA

IIM Ranchi Top Recruiters 2023

IIM Ranchi placements 2023 saw 124 companies visit the campus, offering employment opportunities to every student. Some of IIM Ranchi top recruiters visiting the campus during placements are listed below.

Amazon Accenture BCG
Deloitte H&M BMW
Microsoft EY Capgemini

IIM Ranchi Year-Wise Placement Statistics

The Indian Institute of Management Ranchi placement statistics have constantly been rising yearly, with higher salaries offered and more recruiters joining the recruitment drive. The placements for the year 2023 have been completed.

Some placement statistics, such as IIM Ranchi salary trends and other top recruiter details, are below.

IIM Ranchi Highest Package Statistics

As per the IIM Ranchi highest package of 2023, an admirable year-on-year increase of 10.21% in the highest domestic salary from the previous year was seen. The graph below exhibits the highest salary trends comparison for 2022 and 2023 during IIM Ranchi placements.

IIM Ranchi Highest Package Statistics

IIM Ranchi Average Package Statistics

Tabulated below are the various course-wise IIM Ranchi average package details for 2023.

Particulars MBA MBA-HR MBA BA
Average Package INR 17.3 LPA INR 16.3 LPA INR 16.4 LPA
Average Package Top 10 Percentile INR 30 LPA INR 25.5 LPA INR 21.6 LPA
Average Package Top 25 Percentile INR 24 LPA INR 22.4 LPA INR 20.3 LPA

Refer to the graph below for the details of the IIM Ranchi average packages offered to MBA and MBA-HR candidates during placements over the past three years. An increase of 6.98% was seen in the IIM Ranchi average package for the MBA course in 2023, compared to the previous year.

IIM Ranchi Average Package Statistics

IIM Ranchi Median Package Statistics

The graph below details the IIM Ranchi salary trend for median packages offered to the candidates of various courses during placements in 2023.

IIM Ranchi Median Package Statistics

IIM Ranchi Placement Report Comparison

Refer to the table below for a detailed comparison of the IIM Ranchi placements for the MBA course over the past two years.

Particulars 2023 2022
Total Number of Recruiters 124 77
Total Number of Students 399 253
Number of PPOs Offered 76 -
IIM Ranchi Top 10% Average Package INR 30 LPA INR 25.16 LPA
IIM Ranchi Top 25% Average Package INR 24 LPA INR 22.02 LPA

IIM Ranchi Other Top Recruiters 2023

Refer to the table below for other top recruiters participating in the Indian Institute of Management Ranchi placements 2023.

ZS Associates Yes Bank Wipro
Wells Fargo Vivriti Capital Vedanta
UltraTech Cement TVS Tribeca
Play Simple Publicis Sapient RBL Bank
Reliance Retail McKinsey and Company Mahindra
ICICI Lombard ICICI Prudential Godrej
Crompton Greaves Berger Paints Aditya Birla Fashion and Retail
Adani Airtel Carlsberg Group
DHL Dr Lal Pathlabs HCL Tech
Infosys Consulting JP Morgan and Chase Co. Juspay
HDFC Bank HERO Emami
Kotak Mahindra Bank SBI Capital Markets Limited CISCO
American Express Asian Paints Axis Bank
BAJAJ Electricals Genpact Gartner
ICICI Bank HSBC Hexacare
Luminous Oxane The Times Group
Narayana Health MACQUARIE TATA Steel
TATA Motors Comviva Elasticrun
Bharat Petroleum Birla White Flipkart
Licious Maruti Suzuki Trident Group
More State Street Mphasis

IIM Ranchi Sector-Wise Placement Statistics 2023

Several companies join the annual Indian Institute of Management Ranchi placements every year. Deserving students are given employment opportunities in various sectors of the corporate industry.

The graphs below exhibit the sector-wise IIM Ranchi placements statistics for various courses offered at the institute.

MBA

IIM Ranchi Sector-Wise MBA Placement Statistics 2023

MBA-HR

IIM Ranchi Sector-Wise MBA-HR Placement Statistics 2023

MBA BA

IIM Ranchi Sector-Wise MBA BA Placement Statistics 2023

IIM Ranchi Domain-wise Placement Statistics 2023

IIM Ranchi top recruiters have offered students attractive job opportunities in various corporate industry domains. The company-wise highest salary was provided by the top recruiting companies who recruited in the Sales and Marketing field.

Refer to the table below for more details regarding the domain-wise IIM Ranchi placements 2023.

Sales and Marketing

Particulars Highlights
IIM Ranchi Highest Package INR 67 LPA
IIM Ranchi Average Package INR 17.9 LPA
IIM Ranchi Top 10% Average Package INR 29.5 LPA
IIM Ranchi Top 25% Average Package INR 25.4 LPA
IIM Ranchi Median Package INR 16 LPA
Roles Offered Digital Marketing, Territory Sales Manager, Business Development, Product Marketing, Brand Manager and Market Research

Finance

Particulars Highlights
IIM Ranchi Highest Package INR 35.5 LPA
IIM Ranchi Average Package INR 18.5 LPA
IIM Ranchi Top 10% Average Package INR 27.8 LPA
IIM Ranchi Top 25% Average Package INR 24.6 LPA
IIM Ranchi Median Package INR 18 LPA
Roles Offered Asset Management, Investment Analyst, Retail Banking, Wealth Management, Corporate Banking and Equity Research

IT and Analytics

Particulars Highlights
IIM Ranchi Highest Package INR 32 LPA
IIM Ranchi Average Package INR 19.2 LPA
IIM Ranchi Top 10% Average Package INR 28.8 LPA
IIM Ranchi Top 25% Average Package INR 25.1 LPA
IIM Ranchi Median Package INR 18 LPA
Roles Offered Product Management, Business Analyst, Application Manager, Project Management, Product Analyst and Digital Consultant

Strategy and Consulting

Particulars Highlights
IIM Ranchi Highest Package INR 23.6 LPA
IIM Ranchi Average Package INR 15.8 LPA
IIM Ranchi Top 10% Average Package INR 20.6 LPA
IIM Ranchi Top 25% Average Package INR 19.8 LPA
IIM Ranchi Median Package INR 16 LPA
Roles Offered IT Consulting, Business Strategist, Tech Strategy and Analysis, Business Development, Strategic Advisory and Corporate Strategy

Operations

Particulars Highlights
IIM Ranchi Highest Package INR 22 LPA
IIM Ranchi Average Package INR 15.6 LPA
IIM Ranchi Top 10% Average Package INR 20.4 LPA
IIM Ranchi Top 25% Average Package INR 19.1 LPA
IIM Ranchi Median Package INR 15.5 LPA
Roles Offered Project Management, Operations Analytics, Supply Chain Management, Strategic Sourcing, Business Operations and Customer Success Manager

IIM Ranchi Alumni Statistics

IIM Ranchi was established in 2009 and is known for its flagship two-year MBA course. Over the years, the institute has witnessed several students placed in various reputed organisations.

The placement trends for the alumni of IIM Ranchi are displayed in the table below.

Company Name Number of Alumni
ICICI Bank 17
Amazon 6
TATA Steel 14
Axis Bank 11
JP Morgan and Chase Co 8
Yes Bank 8
Aspri Spirits 6
ACT INFRAPORT Ltd. 6
Zetwerk 6
Accenture 4
Citi 4
Cognizant 4
Metro Global Solution 4
Ministry of Skill Development and Entrepreneurship, India 29

IIM Ranchi Placement Cell

IIM Ranchi Placement Cell provides frequent training sessions, mock calls, logical reasoning, soft skills, and verbal ability tests, which help the students in final placements. The team maintains good corporate relations across companies to help students land jobs with attractive offers during the final placements.

The Indian Institute of Management Ranchi placement cell also organises various programs like guest lectures, live projects, and summer internships to enhance students' skills and prepare them for upcoming challenges in the professional world.

IIM Ranchi Placement Process

The steps for conducting the annual IIM Ranchi recruitment drive are described below:

  • The IIM Ranchi placement cell sends invitations and other necessary details of the students to the intended organisations.
  • The employers must complete the job application sent by the IIM Ranchi placements team to recruit students.
  • Pre-placement discussions are organised and occur on specific days in the college. The lectures are scheduled once the institute and the firms' negotiations are finalised.
  • Interested students are asked to apply for the organisations participating in the IIM Ranchi placements 2023.
  • The job descriptions, CTC offered and other relevant information are shared with the students who sit for the selection process.
  • The recruiting organisations visit the campus on appointed days to recruit eligible candidates through several rounds of aptitude examinations, group discussions and interviews.
  • Selected candidates are offered the roles along with the offer letters, which they need to sign and accept.

IIM Ranchi Internship 2023

Internships are an integral part of the IIM Ranchi placements. Students are encouraged to take up internships to gain real-world corporate industry experience. Several students land a PPO offer during their internship tenure.

Given below are the internship highlights of the IIM Ranchi placements 2023 for the batch of 2022-2024.

Courses MBA MBA-HR MBA BA
IIM Ranchi Highest Stipend INR 3 Lakhs per month INR 3 Lakhs per month INR 2.8 Lakhs per month
IIM Ranchi Average Stipend INR 1,15,662 per month INR 1,23,544 per month INR 96,895 per month
IIM Ranchi Top 10% Average Stipend INR 2,19,665 per month INR 2.7 Lakhs per month INR 2.25 Lakhs per month
IIM Ranchi Top 25% Average Stipend INR 1,92,500 per month INR 2,22,105 per month -
IIM Ranchi Median Stipend INR 1 Lakh per month INR 1 Lakh per month INR 70,000 per month
Number of Internship Recruiters 93 31 26
Number of Students 221 69 48
Top Recruiting Sectors FMCG and Consulting Manufacturing BFSI

IIM Ranchi Internship Top Recruiters 2023

IIM Ranchi placements see several recruiters partake in the internship process, giving attractive opportunities to the selected students. Several students also get a PPO post their internship tenure.

Amazon Capgemini Cummins
Aditya Birla Berger Paints DE Shaw and Company
Asian Paints American Express Deloitte
Ebay JP Morgan Chase and Co L&T
Emami ICICI Prudential Manyavar
Exide ICICI Lombard McKinsey and Company
EY ICICI Bank PUMA
Flipkart IBM Reliance Retail
Gartner HSBC Samsung
Godrej HDFC Bank The Times Group
Titan Ultratech Cement Wipro

IIM Ranchi Sector-Wise Internship Statistics 2023

The three graphs below are the IIM Ranchi recruitment statistics for the sector-wise placements during the internship drive 2023 for the batch 2022-2024.

MBA

IIM Ranchi Sector-Wise MBA Internship Statistics

MBA-HR

IIM Ranchi Sector-Wise MBA-HR Internship Statistics

MBA BA

IIM Ranchi Sector-Wise MBA BA Internship Statistics

IIM Ranchi Domain-Wise Internship Statistics 2023

The Indian Institute of Management Ranchi placements observe students being given internship opportunities in different corporate domains. The details of the domain-wise internship statistics are exhibited below.

Sales and Marketing

Particulars Highlights
IIM Ranchi Highest Stipend INR 2.4 Lakhs per month
IIM Ranchi Average Stipend INR 95,605 per month
IIM Ranchi Top 10% Average Stipend INR 1,90,588 per month
IIM Ranchi Top 25% Average Stipend INR 1,51,956 per month
IIM Ranchi Median Stipend INR 80,000 per month
Roles Offered Digital Marketing, Brand Management, Market Research and others

Finance

Particulars Highlights
IIM Ranchi Highest Stipend INR 2.8 Lakhs per month
IIM Ranchi Average Stipend INR 1,54,629 per month
IIM Ranchi Top 10% Average Stipend INR 2,68,750 per month
IIM Ranchi Top 25% Average Stipend INR 2,26,470 per month
IIM Ranchi Median Stipend INR 1.17 Lakhs per month
Roles Offered Asset Management, Retail Banking, Corporate Banking and others

IT and Analytics

Particulars Highlights
IIM Ranchi Highest Stipend INR 2.5 Lakhs per month
IIM Ranchi Average Stipend INR 1.01,153 per month
IIM Ranchi Top 10% Average Stipend INR 1.72 Lakhs per month
IIM Ranchi Top 25% Average Stipend INR 1,61,667 per month
IIM Ranchi Median Stipend INR 1 Lakh per month
Roles Offered Business Analyst, Product Analyst, Digital Consulting and others

Strategy and Consulting

Particulars Highlights
IIM Ranchi Highest Stipend INR 2.3 Lakhs per month
IIM Ranchi Average Stipend INR 1,25,818 per month
IIM Ranchi Top 10% Average Stipend INR 2.1 Lakhs per month
IIM Ranchi Top 25% Average Stipend INR 1,76,666 per month
IIM Ranchi Median Stipend INR 1.12 Lakhs per month
Roles Offered IT Consulting, Corporate Strategy, Business Strategist and others

Operations

Particulars Highlights
IIM Ranchi Highest Stipend INR 3 Lakhs per month
IIM Ranchi Average Stipend INR 1,23,500 per month
IIM Ranchi Top 10% Average Stipend INR 2.25 Lakhs per month
IIM Ranchi Top 25% Average Stipend INR 1,58,181 per month
IIM Ranchi Median Stipend INR 1.2 Lakhs per month
Roles Offered Project Management, Supply Chain Management, Operations Analytics, Business Operations and others

IIM Ranchi vs IIM Rohtak and IIM Raipur

Refer to the table below for a comparison of the placement reports of IIM Ranchi with IIM Rohtak and IIM Raipur.

Particulars IIM Ranchi IIM Rohtak IIM Raipur
Highest Salary Package Offered (2023) INR 67 LPA INR 36 LPA INR 67.60 LPA
Average Salary Package Offered (2023) INR 17.3 LPA INR 18.73 LPA INR 21.04 LPA
Median Salary Package Offered (2023) INR 16.5 LPA INR 17.5 LPA INR 20 LPA
Number of Recruiters 124 120+ 32
Number of Students Placed 399 - 249

IIM Ranchi Placements FAQs

What was the IIM Ranchi highest package offered for the 2023 placements?

The highest package offered at IIM Ranchi placements was INR 67 LPA internationally and INR 35.5 LPA domestically for the MBA course for 2023 placements.

What was the IIM Ranchi average package offered during the recruitment drive of 2023?

The average package offered at IIM Ranchi placements 2023 stood at INR 17.3 LPA for the MBA course, INR 16.3 LPA for the MBA-HR course and INR 16.4 LPA for the MBA BA course.

Which IIM Ranchi top recruiters joined the 2023 placements?

Top organisations like Microsoft, Accenture, Samsung, Sony, EY, Deloitte, Infosys, Capgemini, and Cognizant joined the IIM Ranchi placements 2023.

What was the highest stipend offered at IIM Ranchi in 2023?

The highest stipend in 2023 for the MBA and MBA-HR was INR 3 Lakhs. It was INR 2.8 Lakhs monthly for the MBA BA course.

Which sectors recruited students during the IIM Ranchi placements 2023?

Students were recruited into IT, consulting, FMCG, manufacturing, BFSI, e-commerce, education, and other sectors.

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
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