IIM Ranchi Admission Criteria 2014-16

With an aim to help CAT 2013 aspirants to choose the desired Indian Institute of Management, MBAUniverse.com has started a special series - IIMs Admission Criteria 2014-16 that will equip aspirants with detailed and updated information on the admissions process of all 13 IIMs.

In todays article of this special series, we will analyze IIM Ranchi admission criteria for the Batch 2014-16.

Our earlier articles:
IIM Ahmedabad Admission criteria 2014-16
IIM Bangalore Admission Criteria 2014-16
IIM Calcutta Admission Criteria 2014-16
IIM Lucknow Admission Criteria 2014-16
IIM Kozhikode Admission Criteria 2014-16
IIM Indore Admission Criteria 2014 - 16
IIM Tiruchirappalli Admission Criteria 2014-16
IIM Shillong Admission Criteria 2014-16

The following articles will also share with you the admissions, faculty & placement Data of IIM Ranchi for the year 2013-15.

The ninth Indian Institute of Management was established at Ranchi in 2010 with the extensive support of the Indian Institute of Management Calcutta and the Government of Jharkhand, working under the guidance of Ministry of HRD, Government of India.

IIM Ranchi has appointed IIM Kolkata Professor Dr Binay Bhushan Chakrabarti as new director. Dr Chakrabarti has joined IIM Ranchi after the institute director Dr M J Xavier resigned from the office.

Dr Binay Bhushan Chakrabarti, who has over two decades of teaching, research and industry experience, was a Professor of Finance at the Indian Institute of Management (IIM) Calcutta. He has taught at many top B-schools including IIM-Ahmedabad, IIM-Indore, XIMB amongst others.

IIM Ranchi currently offers a two year PGDM in General management and another two year fulltime programe on Human Resources Management (PGDHRM), Fellow Program in Management with specializations in Analytics, neuro management, Indian management and other functional areas and 18 month part time Diploma in Management (PGEXP).

IIM Ranchi has also launched a certified Barefoot Manger program to promote entrepreneurship and to impart livelihood skills among the school drop outs and illiterates.

The bird in the logo is a crow. We chose the crow because it has several positive traits that IIM Ranchi stands for. Crow is an epitome of community living and sharing and caring of each other which are the ethos of IIM Ranchi. It is an aerial scavenger that cleans up the earth by eating carcasses. Crows in many cultures are the keepers of knowledge as nothing escapes their keen eye-sight. Crows are very adaptable and can live in different climatic conditions. The bird has been created in a manner that it looks like a forward arrow, taking everybody (The three green strokes symbolize the community), along together for the flight. The Sanskrit verses symbolize the Institutes vision as working to bring change towards success, not only for ones self, but also for the community

MBAUniverse.com B school Ranking 2013-14
IIM Ranchi is ranked as No: 26 in MBAUniverse.com B School Ranking 2013-14. Below is the performance of IIM Ranchi on some of the specific criterion No: of application received in 2013, Number of permanent faculty, total seats, median domestic salary and fees for 2013.

According to the MBAUniverse.com survey data, IIM Ranchi has a total number of 155 seats. The number of permanent and faculty at IIM Ranchi is 13 and 54 respectively.

Total Fees for 2013-15 batch was Rs.9.20 lakhs while average placement 2013 was Rs. 12.67 lakhs

Analysis of IIM Ranchi admission criteria and selection process 2014-16:

Admission to IIM Ranchi will be based on the performance of candidates in the CAT, Personal Interview & Written Ability Test (PI & WAT) and also based on their profile. The PI & WAT process will be common to all the six new IIMs, namely, Ranchi, Rohtak, Raipur, Tiruchirappalli, Udaipur and Kashipur.

I. Initial Short listing for WAT / PI Process
An initial shortlist shall be prepared of candidates who would be eligible for WAT / PI process for admission to the PGDM 2014 -16 batch of IIM Ranchi. This list would be purely based on CAT 2013 performance.

The above cut-off percentile figures are just indicative and actual CAT percentile cut-offs are expected to be close to the cut-off for previous years. The shortlisted candidates of all the six new IIMs will be merged to make a combined short-list for further processing.

The criteria given in Table 1 will be used to rank the students in different categories (General, NC-OBC, SC, ST and PWD) and for short listing of candidates based on ranking within categories for further processing.

II. IIM Ranchi admission criteria 2014: PI & WAT Process
Personal interviews and written ability test are planned to be conducted at five different centres namely Delhi, Mumbai, Kolkata, Chennai and Bangalore. The exact dates for PI & WAT will be communicated to shortlisted candidates in due course of time.

The common PI & WAT for the six new IIMs will be coordinated by IIM Tiruchirappalli.

III. IIM Ranchi admission criteria: Final Admissions 2014
After the PI & WAT process is over, admission offers would be announced on the basis of a merit list. This consolidated merit list (CML) would be compiled on the basis of following components and their corresponding weights:

The details of the above mentioned components are mentioned as below:
(a) CAT Percentile
30 percent weightage is assigned to the CAT score of the candidates who are eligible for PI & WAT.
(b) PI & WAT Score
PI & WAT scores of the eligible candidates of the six new IIMs will be directly collected from IIM Calcutta, IIM Lucknow, IIM Bangalore and IIM Kozhikode. Only the rest of the candidates need to appear for the Common Personal interview and Written Ability Test of the six new IIMs.
(c) Profile

Gender Diversity (5 marks)
5 marks will be awarded to female candidates only.

Stay tuned to MBAUniverse.com for more analytical features on Top B schools and their admission process