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  campus
Indian Institute of Management (IIM) , Ranchi  Campus
Indian Institute of Management (IIM), Ranchi campus
Indian Institute of Management (IIM) , Ranchi campus
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Indian Institute of Management (IIM)
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Indian Institute of Management (IIM),Placement Highlights 2024

Latest Updates at IIM Ranchi Placements: IIM Ranchi’s placements 2023 were completely filled as 399 students received job offers from the 124 top recruiters who participated in the placement drive. The highest package, worth INR 67 LPA (International), was provided by IIM Ranchi, while the average package cost INR 17.3 LPA. The median salary at IIM Ranchi was INR 16.5 LPA.

IIM Ranchi placements saw an increase in the number of firms visiting the campus by 62.3% and a 7.2% increase in the average CTC offered, highlighting the students’ potential once more. The 2023 batch at IIM Ranchi was the biggest MBA class to date, with over 399 students obtaining offers from over 124 domestic and foreign businesses. The highest package was up to Rs 67 lakhs per year, with the average salary provided to students being around Rs 17.9 lakhs annually. The top 10% of the IIM Ranchi MBA batch received salaries on average of Rs 29.5 LPA. Leading employers for the institute include Deloitte, KPMG, PwC, and Amazon. Amazon, Deloitte, KPMG, and PwC have been the top employers this year.

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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

Boston Analytics Boston Analytics
IBM IBM
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
ING-VYSYA ING-VYSYA
JINDAL POWER AND STEEL JINDAL POWER AND STEEL
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
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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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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