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.
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:
Particulars
MBA Placement Statistics (2023)
MBA Placement Statistics (2022)
Batch size
399
253
Number of recruiters
124
77
Number of PPOs
76
NA
Highest domestic package
INR 35.50 LPA
INR 32.21 LPA
Highest international package
INR 67.00 LPA
NA
Average package
INR 17.30 LPA
INR 16.17 LPA
Median package
INR 16.50 LPA
INR 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 Recruiters
Microsoft, JP Morgan Chase & Co., Capgemini, Deloitte, Genpact, L&T
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
BFSI
INR 13 - 28 LPA
Consulting
INR 11 - 42 LPA
FMCG
INR 16 - 20 LPA
Automobile
INR 10.5 - 18 LPA
IT
INR 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
BCG
INR 18 LPA
Capgemini
INR 12 - 13 LPA
Cognizant
INR 13.25 - 18 LPA
Deloitte
INR 13 - 14 LPA
EY
INR 11 - 13 LPA
Genpact
INR 12-15 LPA
LEK
INR 18 - 20 LPA
Mckinsey & Company
INR 16 LPA
Positive Moves
INR 15 - 17 LPA
ZS Associates
INR 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
Amazon
INR 15 - 18 LPA
Comviva
INR 13 - 16 LPA
Elasticrun
INR 15 LPA
Falabella
INR 17 - 32 LPA
HCL Tech
INR 11-13 LPA
Infosys
INR 16 - 20 LPA
Latentview
INR 18 LPA
Microsoft
NA
IIM Ranchi Automobile Sector Placements 2023:
The placements for IIM Ranchi 2023 in the automotive sector are shown in the following table:
Company
CTC
BMW
INR 18 LPA
Hero
INR 10.5 LPA
Maruti Suzuki
INR 14 - 16 LPA
TVS
INR 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 Group
INR 15-18 LPA
Airtel
INR 13 LPA
DCM Shriram
INR 17 LPA
Tolaram
INR 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
IHX
INR 16 LPA
L&T
INR 12-14 LPA
Sony Pictures
INR 18 - 20 LPA
TATA Steel
INR 20-21 LPA
The Times Group
INR 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 Package
INR 19.4 LPA
Median Package
INR 18 LPA
Top 10% Average Salary
INR 33.6 LPA
Top 25% Average Salary
INR 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%
Consulting
13.7%
FMCG
12.9%
BFSI
17.7%
Manufacturing
11.3%
Fintech
3.2%
Ed-Tech
0.8%
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:
Particulars
Sales & Marketing
IT & Analytics
Finance
Strategy & Consulting
Highest Package
INR 67 LPA
INR 32 LPA
INR 35.5 LPA
INR 23.6 LPA
Average Package
INR 17.9 LPA
INR 19.2 LPA
INR 18.5 LPA
INR 15.8 LPA
Median Package
INR 16 LPA
INR 18 LPA
INR 18 LPA
INR 16 LPA
Top 10% Average Salary
INR 29.5 LPA
INR 28.8 LPA
INR 27.8 LPA
INR 20.6 LPA
Top 25% Average Salary
INR 25.4 LPA
INR 25.1 LPA
INR 24.6 LPA
INR 19.8 LPA
IIM Ranchi Average Package:
Following is the IIM Ranchi MBA Average package 2023 -