IIM Ranchi Admission 2023 - CAT PDF Download

IIM Ranchi is a well-regarded B-school and ranks at #15 in the NIRF Rankings 2022 among the top MBA colleges in India. It is known for providing high RoI (Return on Investment). The average salary for the MBA 2020-22 batch has increased by 10% to Rs.16.17 LPA in Placement 2022, while the 2-year program fees for the 2022-24 batch are moderate at Rs.17.20 lakhs, compared to the fees of 20 to 25 lakhs for other top B-schools and IIMs, despite an increase in fees. IIM Ranchi offers a full-time residential 2-year MBA program, and CAT 2022 is mandatory for admission. Additionally, IIM Ranchi is the first IIM to pioneer the 2-year full-time MBA program in Human Resource Management.

IIM Ranchi's admission criteria for 2023 for all three of its 2-year full-time MBA programs will give 40% weightage to the CAT 2022 percentile score in final selection, and the remaining 60% weightage will be given to other factors such as academics, diversity, work experience, and performance in PI-WAT.

IIM Ranchi will participate in the Common Admission Process (CAP) 2023, which is a common PI-WAT round for nine participating new and baby IIMs. Based on the performance in the CAP round and other factors such as CAT 2022 score, academics, diversity, and work experience, IIM Ranchi will prepare a final merit list for MBA admission in 2023.

IIM Ranchi Admission 2023-24: Key Changes

• Overall CAT cut off reduced to 92 percentile in shortlisting
• Sectional Cut off is reduced to 70 percentile in shortlisting
• 40% Weightage to CAT score will be awarded in final selection 2023
• IIM Ranchi will continue to participate in Common Admission Process (CAP), comprising PI-WAT round and conducted for new IIMs for final selection
• Depending upon Covid pandemic situation, Writing Ability Test (WAT) may or may not be conducted in CAP round
• 30% Weight goes to Profile in generating final merit list for admission
• IIM Ranchi has kept its option open to change CAT cut off after the meeting of CAP participating IIMs’ Directors. 

List of IIMs Participating in CAP 2023
The CAP round is organized for the IIMs which started operation in 2010-11 and for the new generation IIMs that started operating in 2015-16.  It is the final selection round comprising common PI process for following 9 IIMs which are participating in CAP 2023:

• IIM Udaipur
• IIM Tiruchirappalli
• IIM Kashipur
• IIM Raipur
• IIM Ranchi
• IIM Bodh Gaya
• IIM Jammu
• IIM Sambalpur
• IIM Sirmaur

IIM Ranchi: Key Highlights and USPs

Indian Institute of Management (IIM) Ranchi is the second generation IIM set up in 2010 and has grown up to one of the top B-schools in India. The Key highlights and USPs of IIM Ranchi are:

• Highly Ranked: IIM Ranchi is ranked # 15 in Govt. of India MHRD NIRF Ranking 2022 among top 125 Management Institutes in India. In MBAUniverse.com B-School Ranking 2022, IIM Ranchi is ranked #16 among top 100 MBA colleges in India.
• Member of International Accreditation Bodies: IIM Ranchi is a member of prestigious International Accreditation bodies – AACSB and EFMD
• Awards MBA Degree instead of PG Diploma: IIM Ranchi is now empowered with the legal authority to award MBA degree for its Post Graduate Programmes in Management instead of diploma 
• IIM Ranchi Intake: MBA programmes at IIM Ranchi have an intake of 350+ students. IIM Ranchi seats are expected to increase further for 2023-25 batch  
• IIM Ranchi Fees: IIM Ranchi Fees for MBA, MBA-HRM, MBA-BA programs is Rs.17.20 lakhs. The fee is lower than is charged by other top IIMs and many top B-schools
• IIM Ranchi Placement 2022: IIM Ranchi Placement 2022 has registered 10% hike in Average salary which has gone up at Rs.16.17 LPA from Rs.14.69 LPA last year. Highest salary has gone us at Rs.32.21 LPA from Rs.26.50 LPA last year
• Top Recruiters: IIM Ranchi is a favourite placement destination for top companies. Top recruiters in Placement 2022 included Accenture, Deloitte, Amazon, Dell, Godrej, J P Morgan, L&T, Cognizant, EY
• Diverse MBA Programs: IIM Ranchi offers wide range of MBA programs including MBA (General), MBA-HR, MBA-BA, 5 year IPM among other management programs with diverse specializations.
• International Exchange: IIM Ranchi has student exchange tie-ups with ten top business schools across the globe. The Partner B-schools are located in USA, France, Greece, South Korea, Russia, Taiwan, Thailand, Bangladesh.
• Accomplished Faculty: IIM Ranchi has well-qualified internal faculty complemented by carefully selected adjunct faculty with considerable industry or domain expertise.

IIM Ranchi Leadership

• Professor Deepak Kumar Srivastava is the newly appointed Director of IIM Ranchi, taking over the position from the outgoing Director In-charge, Professor Pradip Kumar Bala. Professor Srivastava began his tenure as full-time Director on August 18, 2022. Prior to joining IIM Ranchi, he was the Dean (Academics) and a Professor in the Strategy Area at IIM Tiruchirappalli, where he accumulated more than 20 years of academic experience. 
• Throughout his career, he has held various assignments at foreign universities such as Universidad Panamericana in Mexico, Coggin College of Business at the University of North Florida in the USA, and Turku University in Finland, among others. In addition to his academic contributions, Professor Srivastava has also been a member of the Board of Governors at IIM Ranchi and regularly shares his thoughts on emerging public policy issues in leading newspapers.

IIM Ranchi Programs offered

IIM Ranchi offers following Management programs

• Two Years full time Residential MBA
• Two Years full time Residential MBA-Human Resources
• Two Years full time Residential MBA-Business Analytics
• Five Year full time Residential IPM Programme offering BBA+MBA
• Two Years Hybrid Executive MBA with Online & Offline classes for Working Professionals
• Doctoral Programmes (PhD and Executive PhD) programmes

The programmes are offered for graduates from all disciplines who wish to choose a career in management subject to the candidates satisfying the eligibility criteria and other key requirements.

IIM Ranchi Fees: Rs.17.20 lakhs

• IIM Ranchi Fees payable by MBA, MBA-HR and MBA-BA students of Resident Indian Category is Rs 17,20,000/-.
• In addition, students have to pay Rs.20,000 as Caution Deposit; Rs.10,000 as Alumni Fee and Rs. 21,000 per term towards Mess expenses
• Laptop computer, text books, Insurance, personal expenses on travel, clothes and laundry are extra.

IIM Ranchi Intake: 350+ students: IIM Ranchi batch size is 350+ students. There are 70+ students in MBA HRM batch, 30 Students in MBA-Business Analytics and 260 in MBA programme. The batch size may further go up in 2023.

IIM Ranchi Placements 2022

• IIM Ranchi has been consistently achieving high placement rates, with a trend that has continued for the past five years. According to the IIM Ranchi placement report for 2022, the institute successfully placed all 325 students with offers from 98 companies.
• IIM Ranchi prepares its students to be industry-ready, ensuring that they are equipped to secure high-paying domestic and international placements. The placement report highlights that Sales & Marketing was the most popular functional area, followed closely by profiles in Strategy & Consulting, Operations, IT Analytics, and Finance. Additionally, recruiters offered lateral placements to students with prior work experience.

MBA 2020-22 Batch Placement: Highlights

• 77 companies visited the campus this year and extended offers to students of the MBA batch of IIM Ranchi.
• Highest Salary in Placement 2022 goes up at Rs.32.21 LPA from Rs.26.50 LPA last year
• Average Salary has gone up by 10% at Rs.16.17 LPA from Rs.14.69 LPA last year
• 2020-22 Batch Size increased to 253 students from 201 students in 2019-21
• Median Salary in Placement 2022 goes up at Rs.15.50 LPA from Rs.14.95 LPA last year
• Average Salary for Top 25 percent goes up at Rs.22.02 LPA in Placement 2022 from Rs. 18.85 LPA last year
• Top Recruiters: Accenture, Deloitte, Amazon, Dell, Godrej, J P Morgan, L&T, Cognizant, EY among others
• Consulting was the top domain with 20.60% share in placement 2022

MBA-HR 2020-22 Batch Placement: Highlights
IIM Ranchi is the pioneering IIM to offer a 2-year course in Human Resource Management. The course structure has been designed by NHRDN and has a unique pedagogy taught by eminent faculty and industry experts. The MBA-HR batch of 2020-22 has performed well bagging offers from prestigious corporate houses. A total of 21 companies have extended offers to the students of MBA-HR batch.

• Highest Salary – Rs.32.21 LPA
• Average Salary – Rs.15.63 LPA
• Median Salary – Rs.15.40 LPA
• Top 25 Percent – Rs.22.17 LPA
• Batch Size – 72 students
• Total Recruiters – 21
• Top Recruiters: Accenture, Cognizant, EY, Flipkart, Aditya Birla, DE Shaw, Capgemini, ICICI Bank among others.

IIM Ranchi Eligibility criteria 2023

• IIM Ranchi Eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration after class 12, with at least 50% marks or equivalent CGPA (in case of the candidate belonging to SC/ST/PwD category, the eligibility criterion is relaxed to 45%
• One of the most important points in IIM Ranchi Admission Eligibility criteria is that apart from a recognized graduate degree, the candidate should appear in CAT 2022 exam and must score minimum prescribed sectional and overall score to be considered for shortlisting
• If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine PGP admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IIM Ranchi by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
• A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for IIM Ranchi Admission 2023. Such a candidate must produce a certificate from the principal/head of the department/ registrar/director of the institution/university certifying that the candidate is currently in the final year or is awaiting final results and has obtained at least 50% marks or equivalent (45% in case of the candidate belonging to SC/ST/PwD category) based on latest available grades/marks.
• IIM Ranchi Eligibility further clarifies that such a candidate, if selected, will not be eligible for the IIM Ranchi admission unless he/she submits a certificate latest by June 30, 2023 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2023) stating that they have completed all the requirements (the result may, however, be awaited) for obtaining the bachelor's degree/equivalent qualification on the date of issue of the certificate.
• It is mandatory for a final year student, who is provisionally considered eligible by IIM Ranchi and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination held on or before June 30, 2023.  The deadline to submit the mark-sheet and the certificate is December 31, 2023.

IIM Ranchi Admission Application Process 2023: How to Apply?

Submission of Application for IIM Ranchi Admission 2023 is a two step process. The first one is to apply for CAT 2022 based on which IIM Ranchi will consider you for next round of admission process and second is to register separately for IIM-CAP 2023 for IIM Ranchi admission 2023. Let us understand each step:

Step-1: CAT 2022 registration process has started from August 3, 2022. Candidates have to apply for CAT 2022 by the last date of September 14, 2022. Check below the key points in IIM Ranchi admission application process through CAT 2022:

• It is mandatory to register and apply for CAT 2022 for IIM Ranchi Admission 2023
• On the page 4 of CAT 2022 application form, you need to select IIM Ranchi MBA, MBA-HR, MBA-BA and select the interview city

Step-2:  In January 2023, after declaration of CAT 2022 exam result, registration for Common Admission Process (CAP) will open. You need to register for CAP round to participate in PI-WAT process at the official IIM CAP website. 

IIM Ranchi Application Fees
IIM Ranchi has not prescribed any separate application fee. The CAT 2022 registration & Application fee includes the IIM Ranchi application fees, as detailed below:

IIM Ranchi Admission 2023: Important Dates

All the candidates who have registered and applied for CAT 2022, who have opted for admission in IIM Ranchi in the CAT 2022 application form, and score the required cut off percentile, will be considered for next stage of IIM Ranchi Admission criteria.  Important dates related to admission activities 2023 at IIM Ranchi are as below:

IIM Ranchi Cut off

• IIM Ranchi Cut offs 2023 are liberalised for admission. Only the candidates above the minimum cut-offs in the CAT 2022 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2022 are considered for shortlisting.
• The table below indicates the minimum performance expected from candidates to be shortlisted for the PI & WAT. However, achieving the cut-off percentile in CAT is a necessary but not sufficient condition for being shortlisted by IIM Ranchi.
• The actual IIM Ranchi cut off percentiles for the 2023-25 batch may be higher. IIM Ranchi will decide the number of candidates to be called for the PI & WAT for each category, depending on which the cut off percentiles can also change.
  

IIM Ranchi Admission Criteria 2023: Exam Accepted, Selection Process

IIM Ranchi Admission 2023 is a five-stage process

• Stage 1: Shortlist Release for CAP 2023 Round after CAT Result declaration
• Stage-2: Conduct of PA Round comprising Personal Interview (PI) & Writing Ability Test (WAT). The PA process will be common to IIMs which are participating in the Common Admission Process (CAP) 2023
• Stage-3: The Final Selection List based on CAT score, CAP Score and other parameters
• Stage-4: Offer for Provisional Admission for the MBA 2023-25 batch
• Stage-5: Reporting for joining the MBA 2023-25 program

Stage-I:  IIM Ranchi Shortlisting Criteria 2023
IIM Ranchi will shortlist the candidates on the basis of CAT 2022 score, and other parameters for final selection round as under:

• The shortlisting for final selection round in IIM Ranchi Admission Criteria awards maximum weight to CAT 2022 score.
• The candidate must have scored minimum sectional percentile of 70 in each of the three sections of CAT 2022 – Quantitative Aptitude' (QA), ‘Data Interpretation & Logical Reasoning' (DILR) and ‘Verbal and Reading Comprehension' (VRC)
• A candidate must have scored minimum overall percentile of 92 in CAT 2022
• If the candidate does not score minimum prescribed percentile in CAT 2022, he/she will not be considered for shortlisting for final selection stage.
• IIM Ranchi Admission Committee decides the number of candidates who would be shortlisted for PA round on the basis of criteria prepared for each category
• All the Candidates shortlisted for PA process have to attend PI – WAT which is a common process for all the participating IIMs

Stage-2: IIM Ranchi Final Admission Selection Process: CAP Round

• All the shortlisted candidates should participate in Personal Appearance (PA) round for admission to IIM Ranchi
• Final Selection Round 2023 for IIM Ranchi Admission consists of Personal Interview (PI) & Writing Ability Test (WAT).
• The final selection PA round for IIM Ranchi Admission will be common for the IIMs who are participating in the Common Admission Process (CAP) 2023.

Stage-3: IIM Ranchi Final Selection List based on CAT score, CAP Score and other parameters
The scores obtained by the candidate in PA process of CAP 2023 would be considered for preparing the merit list

• The scores obtained by the candidate in WAT & PI of CAP 2023 would be considered for preparing the final merit list
• IIM Raipur admission criteria after final admission round award a weight of 40 per cent to CAT 2022 Score; 30% weight to Personal Interview(PI) and Writing Ability Test (WAT); 30% weight to Profile
• Minimum cut off may be applied to WAT & PI components. Candidates who do not obtain certain minimum scores in the WAT & PI will not be considered for the merit list. The minimum scores will be decided by IIM Ranchi at its discretion.

IIM Ranchi Final Selection Criteria Weights for Admission 
IIM Ranchi Final Admission offers would be made after the completion of the PI process based on a Consolidated Merit List (CML), which will be prepared on the basis of the following components and their corresponding weights:

Stage-4: Offer for Provisional Admission for the MBA 2023-25 batch
IIM Ranchi will issue provisional admission offer on registered e-mail ID of the selected candidates after generating the final merit list in April last week/May first week 2023. You need to accept the admission offer online and should pay the admission fee by the stipulated date to avoid cancellation of candidature.

Stage-5: Reporting for joining the MBA 2023-25 program
IIM Ranchi will notify and will send the communication to report at the institute to complete the joining formalities. The academic session is likely to commence in the first week of July.

Role of IIM-CAP 2023 in IIM Ranchi Admission 2023

IIM Ranchi Admission criteria 2023 is based on Common Admission process (CAP) 2023. IIM Ranchi will have the same shortlisting criteria as that of all 9 participating IIMs for Common Admission Process (CAP) 2023 while CAT 2022 is the mandatory exam to be considered for shortlisting by IIM Ranchi.

CAP 2023: Key Points

IIM Ranchi participates in Common Admission Process (CAP) which is the WAT and PI round, conducted for admission to new IIMs. Last year 9 IIMs participated in the process.  Admission to the MBA Programmes at IIM Ranchi for the year 2023-25 batch shall constitute the following parameters under Common Admission Process (CAP):

• CAT 2022 Examination: Valid CAT score, as applicable
• Common eligibility criteria for shortlisting to WAT and PI process: IIM Raipur shall have the same shortlisting criteria as that of all other participating IIMs for CAP-2023
• Personal Appearance (PA): Written Ability Test (WAT) and Personal Interview, as per the shortlisting criteria
• Announcement of the final selection/merit list on the basis of the composite score arrived at using weightages as per valid CAT-2022 score, WAT and PI score, academic profile, work experience and diversity (gender/academic disciplines)
• It is mandatory for the candidates who wish to pursue MBA from IIM Ranchi to appear in the CAT  exam. A balanced score in all the three sections of CAT and good academic profile is the key to get admission in IIM Ranchi. The MBA at IIM Raipur is a Master’s level programme, leading to the grant of a degree of Master of Business Administration (MBA).

IIM Ranchi MBA Admission 2023: Step by Step Process

The IIM Raipur admission process for MBA 2023-25 batch is based on following steps. IIM Ranchi admission policy applies only to the 2 years full time MBA programs admission for 2023-25 batch. 

• Step 1: The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT 2022 to be considered for Shortlisting process for admission at IIM Ranchi. Category wise short-lists of the candidates are prepared for Personal Interview (PI) and Written Ability Test (WAT) from among the candidates who have a valid CAT-2022 score, who have applied to the programme and who satisfy the eligibility criteria for the programme of IIM Ranchi.
• Step 2: Shortlisted Candidates have to attend Common Admission Process (CAP) 2023 for the participating IIMs. CAP 2023 will consist of both PI & WAT round in final selection process. Candidates not meeting the minimum performance in PI& WAT will not be considered for the final selection.
• Step 3: After the WAT & PI round, admission offers are made by IIM Ranchi to successful candidates. The final selection is based on a diverse set of attributes which include performance in CAT, performance in WAT & PI, academics, work experience, diversity among others. Category wise merit list will be generated based on weightages awarded to various components.
• Step 4: Final Admission Offer will be made to the candidates in the last week of April 2023 on the basis of Final Merit Score and will be available on IIM Ranchi website. 
• Step 5: A candidate receiving admission offer from IIM Ranchi and accepting the offer within the stipulated date needs to send Offer Acceptance Form along with Offer Acceptance Fee.

IIM Ranchi Admission 2024

• Numerous young students aspire to pursue an MBA at IIM Ranchi and take the CAT exam. However, those who are currently in their second or third year of a bachelor's degree program are not eligible for admission this year but may apply in 2024 through CAT 2023. IIM Ranchi's admission policy has remained consistent for the past 2-3 years and is expected to be similar for the 2024 admission process. Therefore, it's recommended that students commence their CAT preparation so that they will have completed a significant portion of their exam preparation by the time they become eligible to take CAT in 2023. This will enhance their chances of scoring high and securing admission to IIM Ranchi in 2024.
• Established in 2010 as the 9th member of the IIM family, IIM Ranchi was the sole IIM to provide a specialized PGDHRM course until IIM Indore also began offering PGHRM. Currently, IIM Ranchi offers diverse MBA degree programs, including a 2-year MBA in General Management, a 2-year full-time program in Human Resource Management (MBA-HRM), an MBA in Business Analytics (MBA-BA), a 5-year full-time Integrated Program in Management (IPM) resulting in a BBA+MBA degree, a Fellow Program in Management, and a 2-year Executive MBA for working professionals. Additionally, IIM Ranchi has launched a certified Barefoot Manager program aimed at fostering entrepreneurship and equipping school dropouts and illiterates with livelihood skills.