Likes
- Well built campus with all the facilities including the hostels, library, classrooms, mess and reading rooms.
- Student run clubs, committees, groups where one gets a fair chance to work in teams and be a part of organizing body, which provides a hands-on experience of managing events and networking with people.
Dislikes
- Sports facilities can be better but the institute is still in its phase 2 of construction, so better infrastructure will soon be available.
Course Curriculum Overview :
MBA at IIM Ranchi is a comprehensive course, including a plethora of subjects from all domains. The curriculum is designed in a way that it not only enhances your personality & academic periphery but also prepares you for corporate culture with regular and engaging projects, presentations and case study based practical application of theory. Exams are conducted twice every trimester. Students get to be a part of committees, clubs, and SIGs(Student interest groups) where they get hands-on experience in managing events, working in teams, interacting with the professionals and networking with people currently working at corporations For the first year of MBA, students are made to study all the subjects belonging to finance, marketing, operations, strategy, and analytics. This helps the students to learn about every domain and then identify what domain they should be going ahead with and coming to the second year, the subjects of interest can be chosen in order to develop expertise.
Internships Opportunities :
Ample number of companies visit IIM Ranchi, for summer intenrship with good roles and luctrative stipends with highest stipend being around 3,00,000+. More than 180 companies visit the campus every year.
Placement Experience :
Ample number of placement opportunities are provided at IIM Ranchi with all the renowned brands, including JP Morgan & Chase, Titan, Morgan Stanley, BMW, GSK, Britannia, MTR, TATA Motors, Raymond etc, visiting the campus for both summer internships and final placements.Industry standard stipends and packages are offered by the companies. Like any other top B-school, IIM Ranchi takes pride in securing 100% placements every year. Official placement reports are available on the official website, which can be checked for further details.
Loan/ Scholarship Provisions :
The tution fee for IIM Ranchi is 17,90,000 for 2 years, including hostel fees, academic fees and all other chargable components. Rupees 27000 per trimester are to be paid as mess fee. As soon as a candidate gets selected by the institute, the banking partners of the institute offer education loans to the students at very low interest rates and that too, without any collateral security, any third-party guarantee. The maximum loan amount is 40 lakhs which makes an MBA from such a prestigious institute, quite affordable. In addition to this, scholarships like Means cum Merit scholarship are provided by IIM Ranchi, waiving-off fee for the candidates who are awarded this scholarship.(Details for this and other scholarships can be checked out on the official website of the institute). The Institute provides amazing campus employment opportunities with renowned brands like Titan, JPMC, GSK, BMW, Morgan Stanley, etc visiting the campus with lucrative stipends and CTC.
Campus Life :
The experience here in IIM Ranchi has been amazing so far. Institue has a newly built campus with high class facilities, while it is still in phase 2 of its construction. Well constructed hostels, Restaurants, Gym, mess and classrooms equipped with all the modern day equipments further enhance the experience. There are a number of clubs, committees, and self-interest groups that you can be a part of. These student-run bodies organize regular events, fests, and functions, which act as a stress buster in your hectic MBA life. Major events include RUSH, Alumni Homecoming, AGON, and Business Conclaves. There are regular leaderships talks organized by the placement committee and Alumni talk series by the Alumni Relations committee which provides the students, an opportunity to interact with industry leaders. Being a part of such clubs and committees not only polishes your interpersonal skills but also helps you become adept at working in teams with folks from diverse backgrounds.
Hostel Facilities :
As MBA at IIM Ranchi is a fully residential program, hostels provided at IIM Ranchi which are well built and are located in the newly built campus itself. Students are provided double occupancy rooms during the first year and are shifted to single occupancy room for second year. All the necessary furniture and basic amenities are provided in the hostels. Mess facility at IIM Ranchi is currently being provided by Sodexo with quality meals being served 4 times a day ( breaklfast, lunch, snacks, dinner) with distinct menu for each month. There is no separate fee being charged for accomodation but the mess fee is to be paid for every trimester which amounts to Rupees 27000 per trimester (9000 a month).
Admission :
In order to secure admission to IIMs, one has to write CAT, held once a year in November. Forms for CAT are out by August on official website of CAT.It is divided into 3 sections: Verbal ability, Data Interpretation, and quantitative aptitude. its imperative to secure a decent percentile ranging anywhere from 95-97+ percentile for the general category along with sectional cutoffs which can be checked for on the official websites of IIMs.However, overall as well as sectional cutoffs vary for different categories (generally lower for these categories as per the rules) (NC-OBC, Pwd, DAP, SC/ST) for different IIMs.Coming to the eligibility of MBA at IIM Ranchi, there are no hard and fast restrictions on basis of background. At minimum, any candidate from any background having an acceptable percentile will get a call from IIM Ranchi which is currently a part of CAP where common interviews are conducted for some IIMs(Feb-March), after which the results will be out after April end.
Interview Experience :
I received a call for CAP (Common Admission Process), which was being conducted by IIM Udaipur. This process involves a common interview being conducted for 6-8 IIMs ( details can be seen on CAP's official website as IIMs participating in CAP and the conducting IIM keep on changing every year). The process for CAP consisted of a single round of interviews where the panelists thoroughly tested me on management fundamentals ( I am a BBA graduate and a fresher). The interview revolved around my academics, extracurriculars, current affairs, and my views on some hotly debated topics of that time. Preparation for interviews would consist of being prepared with the current topics, major events that took place in the last year, and a clear know-how of MBA. Knowing the reason for choosing MBA and being prepared with basic interview questions and GK would be a plus.
Other Applied Colleges
Indian Institute of Management - [IIMBG] | Master of Business Administration [MBA]
I believe that IIM Ranchi, being a New generation IIM provided me better opportunities in terms of exposure, personality development and career.
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