The college has a placement committee which is responsible for handling placement activities in the campus. With the help of the IIM Ranchi placements committee, the college successfully conducted 2023 placement drives with impressive numbers.
IIM Ranchi placements 2023 saw a 100% placement percentage. As per the official IIM Ranchi placement report 2023, a total of 399, 69 and 35 students from MBA, MBA HR and MBA BA courses respectively registered. The highest package was worth Rs 67 LPA (International), while the IIM Ranchi average package 2023 was Rs 17.3 LPA and the median salary was Rs 16.5 LPA. Meanwhile, the highest salaries received by MBA-HR and MBA-BA students at IIM Ranchi, were Rs 32.2 LPA and Rs 22.3 LPA, respectively.
If you have no idea about what is the highest package of IIM Ranchi? Or what is the IIM Ranchi placement percentage? Then check out this page to get detailed information about placements at IIM Ranchi.
Particulars | Statistics |
Batch size | 399 |
Number of companies participated | 124 |
Median package offered | Rs 16.50 LPA |
Average package offered | Rs 17.3 LPA |
Highest package offered (Domestic) | Rs 35.5 LPA |
Highest package offered (International) | Rs 67 LPA |
Average package offered (top 10%) | Rs 30 LPA |
Average package offered (top 25%) | Rs 24 LPA |
IIM Ranchi placement committee ensured maximum job opportunities were provided to students in 2022. The average package offered to MBA students in 2022 placements was Rs 16.17 LPA whereas MBA HR students were offered an average package of Rs 15.63 LPA in IIM Ranchi placements 2022. Companies from diverse industries participated in the placement drive. Some of the companies that participated in IIM Ranchi placements were Gartner, Cognizant, Google, Amazon etc.
Particulars | Statistics |
Batch size | 253 |
Number of companies participated | 77 |
Median package offered | Rs 15.50 LPA |
Average package offered | Rs 16.17 LPA |
Highest package offered | Rs 32.21 LPA |
Average package offered (top 25%) | Rs 22.02 LPA |
Average package offered (top 10%) | Rs 25.16 LPA |
Particulars | Statistics |
Batch size | 72 |
Number of companies participated | 21 |
Median package offered | Rs 15.40 LPA |
Average package offered | Rs 15.63 LPA |
Highest package offered | Rs 32.21 LPA |
Average package offered (top 25%) | Rs 22.17 LPA |
Average package offered (top 10%) | Rs 27.16 LPA |
With 399 students, the largest MBA class in the history of IIM Ranchi MBA placements where 124 organisations made offers. IIM Ranchi average package 2023 is Rs 16.3 LPA for the MBA course. The most popular functional area was found to be sales and marketing, followed by profiles in strategy and consulting, operations, IT analytics, and finance. The IIM Ranchi campus has been visited by a number of renowned businesses, including Tata Steel, Maruti Suzuki Ltd., Wells Fargo, JPMorgan Chase & Co., American Express, State Street, Yes Bank, Amazon, Tolaram Group, Nomura, McKinsey, and Accenture Technology Consulting.
Particulars | Statistics |
Batch size | 69 |
Number of companies participated | 29 |
Median package offered | Rs 16.0 LPA |
Average package offered | Rs 16.3 LPA |
Highest package offered | Rs 32.2 LPA |
Average package offered (top 25%) | Rs 22.4 LPA |
Average package offered (top 10%) | Rs 25.6 LPA |
Particulars | Statistics |
Batch size | 35 |
Number of companies participated | 25 |
Median package offered | Rs 16.0 LPA |
Average package offered | Rs 16.4 LPA |
Highest package offered | Rs 22.3 LPA |
Average package offered (top 25%) | Rs 20.3 LPA |
Average package offered (top 10%) | Rs 21.6 LPA |
Highlights | 2023 | 2022 | 2021 |
Highest Package | Rs 35.50 LPA | Rs 32.21 LPA | Rs 26.50 LPA |
Average Package | Rs 17.30 LPA | Rs 22.02 LPA | Rs 14.69 LPA |
Median Package | Rs 16.50 LPA | Rs 15.50 LPA | Rs 14.95 LPA |
Total recruiters | 124 | 77 | 128 |
Total students participated | 399 | 253 | 201 |
The MBA class of 2021-23 exceeded all expectations and obtained profitable positions in a variety of industries and fields. The potential of the students was once again demonstrated this year by a Rs 3.3 LPA increase in the IIM Ranchi highest package offered and a 62.3% increase in the number of employers visiting the campus.
Highlights | 2023 | 2022 | 2021 |
Highest Package | Rs 35.50 LPA | Rs 32.21 LPA | Rs 26.50 LPA |
We can notice a decline in the average package when we compare the IIM Ranchi average package 2023, 2022, and 2021. However, the number of recruiters and number of students placed has also gone up substantially.
Highlights | 2023 | 2022 | 2021 |
Average Package | Rs 17.30 LPA | Rs 22.02 LPA | Rs 14.69 LPA |
Given below are the IIM Ranchi placements 2023 according to the sectors the students were placed in.
Sector | Students Placed |
IT / ITES | 15.3% |
Consulting | 13.7% |
FMCG | 12.9% |
BFSI | 17.7% |
Manufacturing | 11.3% |
Fintech | 3.2% |
Others | 8.9% |
Pharma & Healthcare | 6.5% |
Logistics & Supply Chain | 4.8% |
Digital Media & Ads | 0.8% |
E-Commerce | 1.6% |
Staffing | 2.4% |
Ed-Tech | 0.8% |
Sector | Percentage of Students Placed |
ITES | 6.7% |
Consulting | 20% |
FMCG | 20% |
BFSI | 10% |
Manufacturing | 23.3% |
Staffing | 3.3% |
Others | 3.3% |
Digital Media & Ads | 3.3% |
E-Commerce | 3.3% |
Oil & Gas | 6.7% |
Sector | Students Placed |
ITES | 20% |
Consulting | 8% |
FMCG | 8% |
BFSI | 28% |
Others | 16% |
Digital Media & Ads | 4% |
Manufacturing | 16% |
Sector | Percentage of Students Placed |
IT/ITES | 32.40% |
Consulting | 20.60% |
BFSI | 19% |
FinTech | 6.70% |
FMCG | 4.70% |
Manufacturing | 4.30% |
E-commerce | 4% |
Digital Media and Ads | 3.60% |
Pharma and Healthcare | 2% |
EdTech | 1.20% |
Sector | Percentage of Students Placed |
IT/ITES | 38.09% |
BFSI | 23.60% |
Consulting | 20.80% |
E-commerce | 6.90% |
Manufacturing | 5.60% |
FMCG | 2.80% |
Pharma and Healthcare | 1.40% |
Gartner | Capgemini | Asian Paints |
Amazon | Accenture | |
HCL | EY | Genpact |
ICICI Bank | Dell | Axis Bank |
Deloitte | Wipro | ZS Associates |
The IIM Ranchi Placement Cell is responsible for facilitating the placement of students from the institute. The cell works closely with the students and the recruiters to ensure a smooth and successful placement process.
The IIM Ranchi placement cell has one of the best placement records out of all the Indian Institute of Management. In the 2023 placement season, the cell placed 100% of the students in good companies with attractive salaries. The IIM Ranchi average package 2023 was Rs 17.3 lakhs per annum. The IIM Ranchi placement cell offers a number of services to students, including:
The placement committee of the college conducts summer internship placements every year. IIM Ranchi placement committee invites companies to participate in summer internship placements. In 2023, the college successfully organised summer placements for students. As per IIM Ranchi summer placement report 2023, as many as 399 students registered for summer internship placements. This year the first batch of IIM Ranchi MBA BA students also got exposure to corporate opportunities.
Particulars | Internship Statistics (2021-23) | Internship Statistics (2020-22) |
Highest Stipend Offered | Rs 3.50 lakhs | Rs 3.36 lakhs |
Median Stipend Offered | Rs 80,000 | Rs 73,000 |
Average Stipend Offered | Rs 1,00,000 | Rs 97,000 |
Number of Recruiters | 165 | 135 |
Number of Students | 399 | 329 |
Top 10% Average Stipend | Rs 2.54 lakhs | Rs 2.53 lakhs |
Top 25% Average Stipend | Rs 1.93 lakhs | Rs 1.96 lakhs |
Domain | Highest Stipend Offered (LPA) | Average Stipend Offered (LPA) | Median Stipend Offered (LPA) |
IT Analytics | Rs 3,50,000 | Rs 1,23,704 | Rs 1,00,000 |
Finance | Rs 2,51,840 | Rs 1,39,177 | Rs 1,20,000 |
Operations | Rs 2,27,960 | Rs 85,028 | Rs 70,000 |
Sales and Marketing | Rs 3,36,000 | Rs 89,933 | Rs 77,960 |
Strategy and Consulting | Rs 2,50,000 | Rs 95,479 | Rs 60,000 |
Company Name | Number of Alumni |
Ministry of Skill Development and Entrepreneurship, India | 29 |
ICICI Bank | 17 |
Tata Steel | 14 |
Axis Bank | 11 |
JP Morgan Chase & Co. | 8 |
Yes Bank | 8 |
Aspri Spirits | 6 |
ACT INFRAPORT LIMITED | 6 |
Amazon | 6 |
Zetwerk | 6 |
Accenture | 4 |
Citi | 4 |
Cognizant | 4 |
METRO Global Solution | 4 |
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