IIM Ranchi Placements 2023: Highest Package: INR 67 LPA and Average Package: INR 17.3 LPA
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Indian Institute of Management (IIM), Ranchi Placements

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Indian Institute of Management (IIM), Ranchi Indian Institute of Management (IIM), Ranchi
Indian Institute of Management (IIM) , Ranchi Indian Institute of Management (IIM), Ranchi
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New Updates About Indian Institute of Management (IIM) , Ranchi

Indian Institute of Management (IIM),Placement Highlights 2024

Latest Updates at IIM Ranchi Placements: IIM Ranchi’s placements 2024 were completely filled as 207 students opted for on campus placements from the 76 top recruiters who participated in the placement drive. The highest package, worth INR 37.80 LPA (International), was provided by IIM Ranchi, while the average package cost INR 18.69 LPA. The median salary at IIM Ranchi was INR 18.0 LPA.

The MBA batch of 2022-24 exceeded expectations, securing lucrative roles across sectors, with an 8.05% rise in the average CTC offered and a 6.48% increase in the highest CTC offered. Leading employers for the institute include Advani, Accenture, AccentureStrategy, Opus, Affinity, Conagra, Amazon have been the top employers this year.

IIM Ranchi Placements 2024 Highlights:

The following table lists the significant achievements of the IIM Ranchi MBA placements in 2024 as compared to 2023:

ParticularsMBA Placement Statistics (2024)MBA Placement Statistics (2023)MBA Placement Statistics (2022)
Batch size207399253
Number of recruiters7612477
Number of PPOs4176NA
Highest domestic package37.80INR 35.50 LPAINR 32.21 LPA
Highest international packageNAINR 67.00 LPANA
Average package18.69INR 17.30 LPAINR 16.17 LPA
Median package18INR 16.50 LPAINR 15.50 LPA
Top 10% Average Salary  29.20INR 30 LPA  INR 25.16 LPA
Top 25% Average Salary 24.55INR 24 LPA INR 22.02 LPA
Top RecruitersAdvani, Accenture, AccentureStrategy, Opus, Affinity, Conagra, AmazonMicrosoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&TGoogle, Dell, Deloitte, Amazon, Wipro, Cognizant, Capgemini

IIMs Placement Comparison 2024

IIMs Placement Comparison

 

IIM Ranchi Placements 2024 Sector Wise Analysis

IIM Ranchi the highest package, which was INR 37.80 LPA. 76 firms in all submitted bids for the placement drive at IIM Ranchi in 2024: For the IIM Ranchi class of 2024, the sector-by-sector analysis is shown in the table below:

Sector  CTC
BAINR 34.91 LPA
HRINR 33.97 LPA
Strategy and ConsultingINR 34.91 LPA
FinanceINR 37.80 LPA
IT and AnalyticsINR 32.5 LPA

IIM Ranchi IT Sector Placements 2024:

The placements in the IT sector for the IIM Ranchi class of 2024 are shown in the following table:

FieldCTC
HighestINR 32.50 LPA
AverageINR 19.10 LPA
MedianINR 18 LPA
Average of the Top 10% PercentileINR 26.23 LPA
Average of Top 25% PercentileINR 24.12 LPA
Average of the Top 80% PercentileINR 19.91 LPA

IIM Ranchi Finance Sector Placements 2023:

The placements for IIM Ranchi 2024 in the financial sector are shown in the following table:

Company  CTC
BMWINR 18 LPA
HeroINR 10.5 LPA
Maruti SuzukiINR 14 - 16 LPA
TVSINR 15 LPA

IIM Ranchi General Management Placements 2024:

The placements for General Management for the class of 2024 at IIM Ranchi are shown in the following table:

FieldsCTC
HighestINR 37.80 LPA
AverageINR 18.69 LPA
MedianINR 18 LPA

IIM Ranchi Other Sector Placements 2024:

The remaining sector placements for the IIM Ranchi class of 2024 are shown in the following table:

Sector: BAHighest
HighestINR 34.91 LPA
Average INR 19.13 LPA
MedianINR 16.88 LPA
Average of Top 10 PercentileINR 33 LPA
Average of Top 25 PercentileINR 27.77 LPA
Average of Top 80 PercentileINR 20.33 LPA
Sector: HRHighest
HighestINR 33.97 LPA
Average INR 18.37 LPA
MedianINR 18.22 LPA
Average of Top 10 PercentileINR 24.45 LPA
Average of Top 25 PercentileINR 22.72 LPA
Average of Top 80 PercentileINR 19.71 LPA
Sector: OperationsHighest
HighestINR 25.12 LPA
Average INR 17.90 LPA
MedianINR 17.75 LPA
Average of Top 10 PercentileINR 22.19 LPA
Average of Top 25 PercentileINR 21.55 LPA
Average of Top 80 PercentileINR 18.57 LPA
Sector: SalesHighest
HighestINR 27 LPA
Average INR 17.07 LPA
MedianINR 17 LPA
Average of Top 10 PercentileINR 21.54 LPA
Average of Top 25 PercentileINR 20.17 LPA
Average of Top 80 PercentileINR 17.82 LPA

 

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The highest salaries are received by MBA-HR and MBA-BA students at IIM Ranchi, at INR 32.2 LPA and INR 22.3 LPA, respectively. While 35 students in the MBA-BA batch received offers from 25, 69 students in the MBA-HR batch received offers from 29 top recruiters. For the class of 2023, IIM Ranchi summer internship has the highest package of INR 3.50 lakhs, while the median and average stipends were INR 80 Lakhs and INR 1 Lakhs, respectively.

IIM Ranchi Placements 2023 Highlights:

The following table lists the significant achievements of the IIM Ranchi MBA placements in 2023 as compared to 2022:

ParticularsMBA Placement Statistics (2023)MBA Placement Statistics (2022)
Batch size399253
Number of recruiters12477
Number of PPOs76NA
Highest domestic packageINR 35.50 LPAINR 32.21 LPA
Highest international packageINR 67.00 LPANA
Average packageINR 17.30 LPAINR 16.17 LPA
Median packageINR 16.50 LPAINR 15.50 LPA
Top 10% Average Salary  INR 30 LPA  INR 25.16 LPA
Top 25% Average Salary INR 24 LPA INR 22.02 LPA
Top RecruitersMicrosoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&TGoogle, Dell, Deloitte, Amazon, Wipro, Cognizant, Capgemini

IIM Ranchi Placements 2023 Sector Wise Analysis

IIM Ranchi the highest package, which was INR 67 LPA. 59 firms in all submitted bids for the placement drive at IIM Ranchi in 2023: For the IIM Ranchi class of 2023, the sector-by-sector analysis is shown in the table below:

Sector  CTC Range
BFSIINR 13 - 28 LPA
Consulting INR 11 - 42 LPA
FMCG  INR 16 - 20 LPA
AutomobileINR 10.5 - 18 LPA
ITINR 11 - 32 LPA
General Management INR 13 - 67 LPA
Others INR 12 - 21 LPA

IIM Ranchi Consulting Sector Placements 2023:

The placements in the consulting sector for the IIM Ranchi class of 2023 are shown in the following table:

Company   CTC
Accenture  INR 22 - 42 LPA
BCGINR 18 LPA
CapgeminiINR 12 - 13 LPA 
CognizantINR 13.25 - 18 LPA
DeloitteINR 13 - 14 LPA
EYINR 11 - 13 LPA
GenpactINR 12-15 LPA
LEKINR 18 - 20 LPA
Mckinsey & CompanyINR 16 LPA
Positive MovesINR 15 - 17 LPA
ZS AssociatesINR 21 LPA

IIM Ranchi IT Sector Placements 2023:

The placements in the IT sector for the IIM Ranchi class of 2023 are shown in the following table:

Company  CTC
09 Solutions INR 15 LPA
AmazonINR 15 - 18 LPA
Comviva INR 13 - 16 LPA
ElasticrunINR 15 LPA
FalabellaINR 17 - 32 LPA
HCL TechINR 11-13 LPA
InfosysINR 16 - 20 LPA
LatentviewINR 18 LPA
MicrosoftNA

IIM Ranchi Automobile Sector Placements 2023:

The placements for IIM Ranchi 2023 in the automotive sector are shown in the following table:

Company  CTC
BMWINR 18 LPA
HeroINR 10.5 LPA
Maruti SuzukiINR 14 - 16 LPA
TVSINR 15 LPA

IIM Ranchi General Management Placements 2023:

The placements for General Management for the class of 2023 at IIM Ranchi are shown in the following table:

Company   CTC
Adani INR 21-23 LPA
Aditya Birla GroupINR 15-18 LPA
AirtelINR 13 LPA
DCM ShriramINR 17 LPA
TolaramINR 67 LPA

IIM Ranchi Other Sector Placements 2023:

The remaining sector placements for the IIM Ranchi class of 2023 are shown in the following table:

Company   CTC
IHXINR 16 LPA
L&T INR 12-14 LPA
Sony Pictures INR 18 - 20 LPA
TATA SteelINR 20-21 LPA
The Times GroupINR 15 LPA
Ultra Tech Cement  INR 13-14 LPA
Vedanta  INR 20-21 LPA

IIM Ranchi Placements 2023 Normalized Statistics:

IIM Ranchi has updated its statistics, which involves normalising the batch size to 250. The following table compares salaries at various institutes based on 250 students:

Particulars   Placements Statistics (250 Students)
Highest Package  INR 67 LPA
Average PackageINR 19.4 LPA
Median PackageINR 18 LPA
Top 10% Average SalaryINR 33.6 LPA
Top 25% Average SalaryINR 26.2 LPA

IIM Ranchi Placements 2023 Sector - Wise

The following table lists the IIM Ranchi placements by sector for 2023:

IIM Ranchi MBA Placements 2023

Sector    Students Placed
IT / ITES    15.3%
Consulting13.7%
FMCG12.9%
BFSI17.7%
Manufacturing11.3%
Fintech    3.2%
Ed-Tech0.8%
Pharma & Healthcare    6.5%
Logistics & Supply Chain    4.8%
Digital Media & Ads    0.8%
Staffing    2.4%
E-Commerce    1.6%

IIM Ranchi Placements 2023 Domain - Wise

The following table lists the highest, average, and median package by domain for IIM Ranchi Placements 2023:

ParticularsSales & MarketingIT & AnalyticsFinanceStrategy & Consulting
Highest PackageINR 67 LPAINR 32 LPAINR 35.5 LPAINR 23.6 LPA
Average PackageINR 17.9 LPAINR 19.2 LPAINR 18.5 LPAINR 15.8 LPA
Median PackageINR 16 LPAINR 18 LPAINR 18 LPAINR 16 LPA
Top 10% Average SalaryINR 29.5 LPAINR 28.8 LPAINR 27.8 LPAINR 20.6 LPA
Top 25% Average SalaryINR 25.4 LPAINR 25.1 LPAINR 24.6 LPAINR 19.8 LPA

IIM Ranchi Average Package:

Following is the IIM Ranchi MBA Average package 2023 -

ParticularsAverage Package (2023)
MBA top 10 percentile average packageINR 30.00 LPA
MBA top 25 percentile average packageINR 24.00 LPA
MBA HR top 10 percentile average packageINR 25.60 LPA
MBA HR top 25 percentile average packageINR 22.40 LPA
MBA BA top 10 percentile average packageINR 21.60 LPA
MBA BA top 25 percentile average packageINR 20.30 LPA

IIM Ranchi Placement Year - Wise Trends

Placement Year Highest PackageAverage Package
2022INR 32.21 LPAINR 16.17 LPA
2021INR 26.50 LPAINR 14.69 LPA
2020INR 59.36 LPAINR 15.11 LPA

IIM Ranchi Summer Internship Placements 2023 Highlights:

Particulars Internship Statistics (2021-23) Internship Statistics (2020-22)
Number of Recruiters165135
Number of Students399329
Highest PackageINR 3.50 LakhsINR 3.36 Lakhs
Average PackageINR 1 LakhsINR 97 K
Median PackageINR 80 K INR 73 K
Top 10% Average StipendINR 2.54 LakhsINR 2.53 Lakhs
Top 25% Average StipendINR 1.93 LakhsINR 1.96 Lakhs

IIM Ranchi Previous Years Placements Trends:

Highlights202320222021
Highest PackageINR 35.50 LPAINR 32.21 LPAINR 26.50 LPA
Average PackageINR 17.30 LPAINR 22.02 LPAINR 14.69 LPA
Median PackageINR 16.50 LPAINR 15.50 LPAINR 14.95 LPA
Total recruiters12477128
Total students participated399253201

Read about - IIM Ranchi in detail. 
 

Indian Institute of Management (IIM) Top Recruiters

Amazon Amazon
American Express American Express
Cognizant Cognizant
Boston Analytics Boston Analytics
Deloitte Deloitte
IBM IBM
ICICI Bank ICICI Bank
maruti suzuki maruti suzuki
pfizer pfizer
Reckitt Benckiser (I) Pvt. Ltd Reckitt Benckiser (I) Pvt. Ltd
Citi Bank Citi Bank
HT Media HT Media
L & T Core L & T Core
Britannia Industries Britannia Industries
CAP Gemini CAP Gemini
CNBC CNBC
Ernst & Young Ernst & Young
Genpact Genpact
ING-VYSYA ING-VYSYA
JINDAL POWER AND STEEL JINDAL POWER AND STEEL
JP Morgan Chase JP Morgan Chase
SABMILLER SABMILLER
TITAN TITAN
IL & FS IL & FS
Price Waterhouse Coopers Price Waterhouse Coopers
RPG Enterprises RPG Enterprises
UAE Exchange UAE Exchange
Yes Bank Yes Bank
Tata Steel Tata Steel
Vodafone Vodafone
UB Group UB Group
HSBC Bank HSBC Bank
Wipro Technologies Wipro Technologies
Nokia Nokia
JP Morgan JP Morgan
Dabur India Ltd. Dabur India Ltd.
Toyota Toyota

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Address

Suchana Bhawan, 5th Floor, Audrey House Campus, Meurs Road, Ranchi, Jharkhand, 834008

College Contact

0651 - 22XXXXXX13

Email

abc@iimranchi.ac.in

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