IIM Raipur, which ranks among the top 15 B-schools in India as per NIRF Rankings 2022, is also known for its high RoI. Despite an increase in the two-year program fees for the 2022-24 batch, the institute has reported a 17% hike in the average salary, which has now reached Rs. 17.73 LPA for the PGP 2020-22 batch. The 2-year PGP Program at IIM Raipur leads to the award of an MBA degree, and it is a full-time residential course for which CAT 2022 is a mandatory exam for admission.
For admission to the flagship PGP 2023-25 batch at IIM Raipur, the institute's admission criteria for 2023 will award 35% weight to the CAT 2022 percentile score in the final selection, while the remaining 65% weightage will be given to other components such as academics, diversity, work experience, and performance in PI-WAT.
IIM Raipur will participate in the Common Admission Process (CAP) 2023, a common PI-WAT round for nine participating new and baby IIMs. Based on the performance in the CAP round and other components such as CAT 2022 score, academics, diversity, work experience, a final merit list will be prepared by IIM Raipur for MBA admission 2023.
IIM Raipur Admission 2023-24: Key Changes
- CAT 2022 Cut off is reduced to 92 percentile for 2023 Admission
- CAT 2022 sectional cut off reduced to 70 percentile for admission 2023 for General category
- EWS category overall cut off reduced to 74 percentile
- 8% weightage awarded to female applicants for final admission 2023
- 5% Weightage to Bachelor’s Degree Marks
- 4% Weightage to Academic Diversity in final selection 2023
- 8% Maximum Weightage for work experience earned between 25 and 36 months
IIM Raipur Admission 2023 through CAP 2023: Key Details
A Common Admission Process (CAP) will be held by one of the participating IIMs for admission to MBA programs in the following 9 new and baby IIMs in 2023. The participating IIMs will adhere to a common set of criteria during the initial stage of shortlisting for CAP 2023.
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 Raipur: Key Highlights and USPs
Indian Institute of Management (IIM) Raipur 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 Raipur are:
- Ranking & Accreditation: IIM Raipur is ranked # 14 in Govt. of India MHRD NIRF Ranking 2022 for 125 Management institutes. It has been ranked # 17 in MBAUniverse.com B-school Rankings 2022. The institute is presently a member of International Accreditation Agency AACSB.
- Awards Degree instead of Diploma: IIM Raipur is now empowered with the legal authority to award Post Graduate Programme in Management (MBA) degrees.
- High Intake: PGP at IIM Raipur has an intake of 331 students
- Moderate Fee: IIM Raipur PGP programme fee is Rs.15.49 lakhs. The fee is much lower than is charged by other top IIMs of same generation and other top B-schools
- IIM Raipur Placement 2022: Average salary in IIM Raipur Placement 2022 increased by 17% at Rs.17.73 LPA from Rs. 15.11 LPA last year. The highest domestic salary in IIM Raipur Placement 2022 goes up by 40% at Rs.42.15 LPA from Rs.30 LPA last year
- Top Recruiters: IIM Raipur is a favourite placement destination for top companies. Top recruiters in Placement 2022 included Accenture, Axis Bank, Cognizant, Deloitte, E&Y, Genpact, HCL Technologies, IBM, ICICI Bank, Infosys, L&T, LatentView, Mindtree, Yes Bank
- International Exchange: IIM Raipur has student exchange tie-ups with fifteen top business schools across the globe like Newcastle University, Australia; IESEG School of Management, France; Grenoble Graduate School of Business, France; HHL Leipzig Graduate School of Management, Germany; ISM Dortamund Germany; among others. The Partner B-schools are located in 13 countries including Australia, Austria, Germany, France, Greece, South Korea, New Zealand, Chile, Peru, Russia, Mexico, Slovakia, Thailand.
- Centers of Excellence at IIM Raipur: IIM Raipur has established centers of excellence in the fields of Center of Health Management; Center of Innovation and Entrepreneurship; Center of Energy Management; Center of Supply Chain Management.
- Accomplished Faculty: IIM Raipur has well-qualified internal faculty complemented by carefully selected adjunct faculty with considerable industry or domain expertise.
- Campus Infrastructure: IIM Raipur has shifted to its 200 acre permanent state of the art campus at Naya Raipur. The campus has all the important facilities including well furnished hostel rooms, class rooms, wi-fi enables campus, well equipped library, auditorium play grounds, among others.
IIM Raipur Leadership
- Dr. Ram Kumar Kakani is the current Director of IIM Raipur, taking charge on March 8, 2022, succeeding Dr. Bharat Bhaskar who held the position since 2017. Before joining IIM Raipur, Dr. Ram was a Professor in Finance, Accounting & Control and Head of the Center for Governance at Indian Institute of Management Kozhikode (IIM-K). He has also served as a faculty member at XLRI Jamshedpur and Lal Bahadur Shastri National Academy of Administration (LBSNAA), where he trained IAS officers from 2012 to 2015.
- Dr. Ram has international experience as an academician, having worked in Denmark, Nigeria, Singapore, and UAE. He was ICCR Chair Professor at Lagos Business School (LBS), Lagos, Nigeria, Professor at S P Jain Center of Management (SPJCM), Singapore, and Research Scholar at Copenhagen Business School (CBS), Copenhagen, Denmark. Dr. Ram has also served as Director of the Government of India’s National Center for Leadership Development and Competency Assessment.
- Dr. Ram Kumar Kakani earned his Doctorate in Management from IIM Calcutta in Finance & Control and his B. Tech in Chemical Engineering from AU College of Engineering, Andhra University, Visakhapatnam. He began his professional career as a technocrat in the corporate sector and later transitioned to higher education, focusing on the field of Finance-Performance-Strategy. Dr. Ram has co-authored several books on finance and public administration with publishers such as Cambridge, Sage, Routledge, and McGraw-Hill. He is also an active case writer and researcher, having conducted numerous Executive Development Programs for senior-level managers and officers from public, private, and government organizations.
IIM Raipur Programs offered
In addition to its two-year full-time Post Graduate Programme in Management, IIM Raipur provides other academic offerings such as the two-year Post Graduate Programme in Management for Working Executives (PGPMWE), a part-time program with weekend classes every two weeks, as well as the Fellow Programme in Management and Executive Fellow Programme in Management.
IIM Raipur PGP: Offers Diverse Specializations
IIM Raipur's premier 2-year full-time residential management program is the Post Graduate Programme in Management. The program is structured in six trimesters, which includes a summer internship. In the first year, students are introduced to fundamental courses that cover topics such as marketing, finance, quantitative methods, operations, behavioral sciences, and strategy. During the second year of the program, students can select from specializations in functional areas that include finance, operations, marketing, human resources, strategy, and general management.
IIM Raipur Batch Profile
IIM Raipur has enrolled a diverse 13th batch of 331 students for its Post Graduate Programme in Management, as well as an 8th batch for its Fellow Programme in Management and an 11th batch for its Executive Fellow Programme in Management. In keeping with its commitment to diversity and inclusivity, the institute achieved a significant milestone with 62% of the students being female. Of the total number of students, around 36% are engineering graduates, 26% are commerce graduates, and the rest come from various disciplines, such as management and science. More than half of the batch has an average work experience of 27 months. IIM Raipur values the concept of unity in diversity and has students representing 25 states from across the country.
IIM Raipur PGP 2022-24 Batch Profile: Key Highlights
- Total Batch Size: 331 students
- Women Students: 62%
- Students with Work Experience: 50%
- Average Work Experience of the Batch: 27 Months
- Students from Non-Engineering Background: 64%
- Batch comprises students from multiple Academic Disciplines
- Batch Represents 25 States
IIM Raipur Fees
- IIM Raipur Fees for the 2 years PGP Programme of Resident Indian Category is Rs 15,49,360/-.
- The course fee includes Hostel accommodation, access to lectures, computer facilities, library etc. It also includes caution deposit fee of Rs.30,000 and alumni fee Rs.2400/-
- Charges towards boarding facility would be extra.
- Laptop computer, text books, Insurance, personal expenses on travel, clothes and laundry are extra.
- The total programme fees for the 2023-25 batch may increase to adjust inflation
IIM Raipur Intake: 331 Seats
IIM Raipur seats in PGP program have increased to 331 students for the 2022-24 batch. The seats are expected to increase further for 2023-25 batch.
IIM Raipur Placement 2022
The 2022 placement season at IIM Raipur concluded with a 100% placement rate, featuring a high number of offers with lucrative salary packages. The event saw the participation of 110 companies from various domains, offering coveted roles in areas such as Finance, Sales and Marketing, Strategy & Consulting, Operations, General Management, and HR to the batch of 252 students. The average salary offered to the students saw a growth of 17%, and the highest salary package offered increased by 40%. The offers were spread out across a range of sectors such as BFSI, Strategy and Consulting, IT/ITES, Manufacturing, FMCG/FMCD, and E-Commerce, demonstrating a well-balanced distribution of recruiting.
IIM Raipur Placement 2022: Highlights
- Legacy of 100% Placement
- Students Registered for Placement: 252
- Students Placed: 252
- Average Salary up by 17% at Rs.17.73 LPA in 2022 from Rs.15.11 LPA last year
- Median Salary goes up at Rs.16.95 LPA in 2022 from Rs.14.80 LPA last year
- Highest Salary goes up by 40% at Rs.42.15 LPA in 2022 from Rs.30 LPA last year
- Average Salary for top 25% Students up at Rs. 24.01 LPA in 2022 from Rs.20.61 LPA last year
- Average salary for top 50% Students up at Rs.21.02 LPA in 2022 from Rs.18.53 LPA last year
- 110 Total Recruiters
- Strategy & Consulting emerged as Top Recruiting Sector
- Top Recruiters Include Accenture, Axis Bank, BYJU'S, Cognizant, Deloitte, Ernst & Young, Genpact, HCL Technologies, IBM, ICICI Bank, Infosys, L&T, LatentView, Mindtree, Mu Sigma, TAS, Tech Mahindra, TresVista, Vedanta, Xiaomi, Yes Bank
IIM Raipur Eligibility criteria 2023
- IIM Raipur 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 Raipur 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 Raipur by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate.
- The candidates appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results are also eligible to apply for IIM Raipur Admission 2023-24. 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 Raipur Eligibility further clarifies that such a candidate, if selected, will not be eligible for the IIM Raipur 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 Raipur 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 Raipur Admission Application Process 2023: How to Apply?
Submission of Application for IIM Raipur Admission 2023 is a two step process. The first one is to apply for CAT 2022 based on which IIM Raipur will consider you for next round of admission process and second is to register separately for IIM-CAP 2023 for IIM Raipur 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 Raipur admission application process through CAT 2022:
- It is mandatory to register and apply for CAT 2022 for IIM Raipur Admission 2023
- On the page 4 of CAT 2022 application form, you need to select IIM Raipur PGP 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 Raipur Application Fees
IIM Raipur has not prescribed any separate application fee. The CAT 2022 registration & Application fee includes the IIM Raipur application fees, as detailed below
IIM Raipur Admission 2023: Important Dates
All the candidates who have registered and applied for CAT 2022, who have opted for admission in IIM Raipur in the CAT 2022 application form, and score the required cut off percentile, will be considered for next stage of IIM Raipur Admission criteria. Important dates related to admission activities 2023 at IIM Raipur are as below:
IIM Raipur Cut off
Admission to IIM Raipur in 2023 is now more accessible as the cut-offs have been liberalized. Candidates who meet the minimum CAT 2022 sectional percentile ranks, overall percentile rank, and score positively in all sections of the exam will be shortlisted. The table below specifies the minimum performance criteria for candidates to be considered for the Personal Interview (PI) and Written Ability Test (WAT). However, meeting the CAT cut-off percentile is only a necessary but not sufficient requirement for being shortlisted by IIM Raipur.
The actual cut-off percentiles for the 2023-25 batch may be higher, and the number of candidates shortlisted for the PI and WAT for each category will be determined by IIM Raipur. Consequently, the cut-off percentiles may vary.
IIM Raipur CAT Cut off: Relaxation is Possible
- The criteria for the actual CAT 2022 score cut-off will be determined by the participating IIM Directors in a meeting scheduled for January 2023, and the cut-off may either increase or decrease. To be considered for shortlisting, candidates must meet the cut-off criteria, which includes a minimum of 70 sectional and 92 overall percentile in CAT 2022.
- These are the minimum cut-offs, and the admission committee may decide to set a higher or lower cut-off. If the number of shortlisted candidates falls below the required number of candidates to be called for WAT and PI in any category, the individual CAT 2022 sectional percentile and overall percentile may be relaxed. The purpose of this relaxation is to ensure that each category has a sufficient number of candidates for the WAT and PI process.
IIM Raipur Admission Criteria 2023: Exam Accepted, Selection Process
IIM Raipur 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-1: IIM Raipur Shortlisting Criteria 2023
IIM Raipur 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 Raipur 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 Raipur 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 Raipur Final Admission Selection Process: CAP Round
- All the shortlisted candidates should participate in Personal Appearance (PA) round for admission to IIM Raipur
- Final Selection Round 2023 for IIM Raipur Admission consists of Personal Interview (PI) & Writing Ability Test (WAT).
- The final selection PA round for IIM Raipur Admission will be common for the IIMs who are participating in the Common Admission Process (CAP) 2023.
Stage-3: IIM Raipur 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 35 per cent to CAT 2022 Score (Scaled to 100); 35% weight to Personal Interview(PI) and Writing Ability Test (WAT); 30% weight to Past Academic performance, Diversity and Work experience
- 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 Raipur at its discretion.
IIM Raipur Final Selection Criteria Weights for Admission
Following are the key components and weightage to each area which will be awarded while preparing final merit list for admission:
Stage-4: Offer for Provisional Admission for the MBA 2023-25 batch
- IIM Raipur 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 Raipur 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 Raipur Admission 2023
The admission process for IIM Raipur in 2023 is tied to the Common Admission Process (CAP) 2023. As one of the nine participating IIMs in the CAP, IIM Raipur will follow the same shortlisting criteria as the other participating institutions. However, it is important to note that appearing for CAT 2022 is mandatory in order to be considered for shortlisting by IIM Raipur.
CAP 2023: Key Points
IIM Raipur 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 PGP Programme at IIM Raipur 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)
To secure admission to IIM Raipur's MBA program, appearing for the CAT exam is compulsory. Candidates must have a well-balanced score across all three sections of the CAT, as well as an impressive academic record. Successful completion of the PGP at IIM Raipur results in the award of a Master of Business Administration (MBA) degree.
Rules for Withdrawal from IIM Raipur PGP Program
- If a candidate decides to withdraw from the program before registration, their seat will be offered to a waitlisted candidate. The candidate who withdrew will be refunded their fees after a processing fee of Rs.1000/- has been deducted.
- If a candidate decides to register for the program, their Offer Acceptance Amount will be used to adjust their Term I Fee. However, if a candidate withdraws from the program after registration and their seat is subsequently filled by another candidate before the last date of admission, IIM Raipur will refund the fees collected with proportionate deductions for fees and hostel rent, if applicable.
IIM Raipur PGP Admission 2023: Step by Step Process
The IIM Raipur admission process for PGP 2023-25 batch follows following steps. IIM Raipur admission policy applies only to the PGP selection process 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 Raipur. 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 Raipur.
- 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 Raipur 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 Raipur website.
- Step 5: A candidate receiving admission offer from IIM Raipur and accepting the offer within the stipulated date needs to send Offer Acceptance Form along with Offer Acceptance Fee of Rs.100,000/-
IIM Raipur Admission 2024
- Many young students who are currently in the second or third year of their bachelor's degree course aspire to pursue an MBA from IIM Raipur by appearing in CAT and applying for admission. However, they are not eligible to apply this year but can do so for IIM Raipur admission 2024 through CAT 2023. IIM Raipur's admission policy has remained consistent for the last 2-3 years, and it is expected to remain similar next year. By starting your CAT preparation now, you can complete a significant portion of your exam preparation by the time you become eligible to appear in CAT 2023, which can help you achieve a high score in the exam and increase your chances of getting admission to IIM Raipur in 2024.
- IIM Raipur was established by the Government of India, Ministry of Human Resource Development in 2010 in Raipur, the capital of Chhattisgarh. Chhattisgarh is one of the fastest growing states in India, with abundant natural and local resources, including minerals and forests.
- IIM Raipur has recently relocated to its new 200-acre campus in Atal Nagar, Naya Raipur, having previously operated from the Government Engineering College Campus in Raipur. The Government of Chhattisgarh had allocated over 200 acres of land for the IIM Raipur campus in Naya Raipur. The new campus is a state-of-the-art facility that combines modern architecture with the cultural and historical heritage of Chhattisgarh.