IIM Ranchi Admission 2022: CAT score gets 40% Weightage; Check Criteria, Process, Cut-off, Fees, Placement

MBAUniverse.com News Desk |
August 26, 2021
IIM Ranchi will award 40% weightage to CAT 2021 score in final selection for its PGP 2022-24 programme leading to MBA degree. Sectional cut off is reduced to 70 percentile in shortlisting. Keeping an aim to consistently improve diversity in its class rooms, a weightage of 30% to diverse components will also be awarded. The final selection process is based on CAP 2022 for new IIMs and will be conducted in February/March 2022
IIM Ranchi Admission 2022

IIM Ranchi prescribes 40% weightage for CAT 2021 score while preparing final merit list after PI-WAT round for admission 2022 for its flagship PGP programme leading to MBA degree. While IIM Ranchi has a high overall CAT cut off at 93 percentile in shortlisting process, it has substantially reduced the section score cut off to 70 percentile.

The flagship Post-Graduate Programme (PGP) in Management at the Indian Institute of Management (IIM) Ranchi is a two-year, full-time residential Programme and offers MBA degree. It is a prestigious and highly rated management programme. Currently, IIM Ranchi admits around 185 students in this Programme. One of the key USPs of IIM Ranchi is its high gender diversity which has remained at 40% in previous batches as well.

Students entering the PGP Programme at IIM Ranchi, are selected through a rigorous process, comprising the Common Admission Test (CAT), followed by a Written Ability Test (WAT) and Personal Interview. The Admission criteria 2022 at IIM Ranchi is based on Common Admission process (CAP) 2022 which consists of PI-WAT and based on their performance in CAP 2022, candidates will be selected by IIM Ranchi. IIM Ranchi has the same shortlisting criteria as that of all participating IIMs for Common Admission Process (CAP) 2022. This year IIM Ranchi has introduced many changes in its admission criteria. 

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IIM Ranchi Admission Criteria 2022: Key Changes

  • Overall CAT cut off remains at 93 percentile in shortlisting
  • Sectional Cut off is reduced to 70 percentile in shortlisting
  • 40% Weightage to CAT score will be awarded in final selection 2022
  • Depending upon Covid pandemic situation, Writing Ability Test (WAT) may or may not be conducted in CAP round
  • Personal Interview (PI) may be conducted online
  • 30% Weightage for Profile will be awarded in final selection

IIM Ranchi has kept its option open to change CAT cut off after the meeting of CAP participating IIMs’ Directors. IIM Ranchi will be participating in Common Admission Process (CAP) 2022 which will be common for all the 9 participating new and baby IIMs. 

IIM Ranchi Admission 2022: Important Dates
All the candidates who have registered and applied for CAT 2021, who have opted for admission in IIM Ranchi in the CAT 2021 application form, and score the required cut off percentile, will be considered for next stage of IIM Ranchi Admission criteria.  Important dates related to admission activities 2022 at IIM Ranchi are as below:

IIM Ranchi Admission criteria activity
Important dates
Remarks
Admission 2022 Application Starts
August 4, 2021 (10 AM)
Apply for CAT 2021- tick on the IIM Ranchi PGP programmes, choose preferred interview cities in the application form. No extra application fees to be paid.
Last date to Apply
September 15, 2021 (5PM)
Can be extended by few days
CAT 2021 Exam
November 28, 2021
At 159 test cities in three slots on same day
Shortlist Announcement for PI-WAT
February, 2022
For the Common Admission Process (CAP) 2022
Final selection (PI-WAT) round start date
February 2022
CAP 2022 is common for 9 new & baby IIMs and Will continue till March 2022
Submission of Confirmation of Interest online
March 2022
After CAP round 2022 is over
Final Admission Offer
April 2022
After receiving admission offer, confirm acceptance
 Session Commencement
July 2022
Selected Candidates to register online and pay acceptance fee before orientation

IIM Ranchi: Key Highlights and USPs
Indian Institute of Management (IIM) Ranchi 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 Ranchi are:

  • Highly Ranked: IIM Ranchi is ranked # 20 in Govt. of India MHRD NIRF Ranking 2020 among top 100 Management institutes.
  • Awards Degree  instead of Diploma: IIM Ranchi is now empowered with the legal authority to award MBA degree for its Post Graduate Programmes in Management instead of diploma 
  • High Intake: MBA programmes at IIM Ranchi have an intake of 300+ students  
  • Programme Fee: IIM Ranchi PGP programme fee is Rs.16.30 lakhs. The fee is lower than is charged by other top IIMs and top B-schools
  • High placements: Average salary in Placement 2021 was Rs. 14.69 LPA and highest domestic salary was Rs.26.50 LPA.
  • Top Recruiters: IIM Ranchi is a favourite placement destination for top companies. Top recruiters in Placement 2021 included Accenture, Asian Paints, Airtel, Dell, Godrej, Deloitte, J P Morgan, L&T, Cognizant, EY, Flipkart, KPMG, HSBC, Aditya Birla, Tata Steel, Gail, DE Shaw, Capgemini, ONGC
  • Diverse MBA Programmes: IIM Ranchi offers wide range of MBA programmes including MBA (General), MBA-HR, MBA-BA, 5 year IPM among other management programmes with diverse specializations.
  • International Exchange: IIM Ranchi has student exchange tie-ups with ten top business schools across the globe. The Partner B-schools are located in USA, France, Greece, South Korea, Russia, Taiwan, Thailand, Bangladesh.
  • Centers of Excellence at IIM Ranchi: IIM Ranchi has established center of excellence - Atal Bihari Vajpayee centre for leadership, policy, and governance (ABVCLPG) to facilitate Research
  • Accomplished Faculty: IIM Ranchi has well-qualified internal faculty complemented by carefully selected adjunct faculty with considerable industry or domain expertise.

IIM Ranchi Awards MBA
After implementation of IIM Act 2017, IIM Ranchi has started awarding the MBA degree instead of PG Diploma.  

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Programmes Offered
IIM Ranchi offers following Management programmes

  • Two Years full time Residential MBA
  • Two Years full time Residential MBA-Human Resources
  • Two Years full time Residential MBA-Business Analytics
  • Five Year full time Residential IPM Programme offering BBA+MBA
  • Two Years Hybrid Executive MBA with Online & Offline classes for Working Professionals
  • Doctoral Programmes (PhD and Executive PhD) programmes

The programmes are offered for graduates from all disciplines who wish to choose a career in management subject to the candidates satisfying the eligibility criteria and other key requirements.

IIM Ranchi Fees

  • The total programme fees payable by MBA, MBA-HR and MBA-BA students of Resident Indian Category at IIM Ranchi is Rs 16,30,000/-.
  • The fee includes academic fee, Hostel accommodation, Mess charges, access to lectures, computer facilities, library etc. It also includes alumni fee 
  • Laptop computer, text books, Insurance, personal expenses on travel, clothes and laundry are extra.

IIM Ranchi Intake: 300+ students
IIM Ranchi batch size is 300+ students. There are 70+ students in MBA HRM batch and 200+ in MBA and this year IIM Ranchi proposes to offer admission to 30 candidates in its newly launched MBA-BA programme. The batch size may further go up in 2022.

IIM Ranchi Placements 2021
IIM Ranchi has a consistent record of high placements. For five years in a row IIM Ranchi has maintained its upward trend in placements. Final placement 2021 report of IIM Ranchi has shared that it completed its final placement for the large batch of 273 students of MBA and MBA-HR programmes in record time and at higher salaries offered to them. 128 companies that visited IIM Ranchi for campus Placement 2021 included 97 new recruiters.

Highest & Average Salary for MBA batch
A comparative analysis of Placement packages for MBA over the last 5 years is detailed below:                          

Placement year
Highest salary (International) (Rs.in lakhs)
Highest Salary (Domestic) (Rs.in lakhs)
Average salary (Rs.in lakhs)
2021
--
26.50
14.69
2020
59.36
22.37
15.11
2019
58.1
26
15.02
2018
57
30
15.09
2017
57
26
14.86

Placements MBA-HR
IIM Ranchi offers a specialized 2-year course in Human Resource Management (MBA-HRM). The course structure is designed by the NHRDN and is continuously updated with the help of top academicians and industry experts.

The batch of 2019-21 witnessed a high average salary in MBA-HR Placement 2021 at IIM Ranchi. Students who participated in placement 2021 made their worth felt in the industry by bagging top offers from some of the biggest names in the country. 50 companies visited the campus to roll out offers to the 72 HR students.

Highest & Average Salary for MBA-HR
A comparative analysis of Placement packages for MBA HR over the last 5 years is detailed below: 

Placement year
Highest Salary (Rs.in lakhs)
Average salary (Rs.in lakhs)
2021
29.75
14.68
2020
26.5
14.55
2019
21
14.52
2018
21
14.67
2017
19
13.78

Read More

The admission process for all the three programmes MBA, MBA-HR and MBA-BA is based on CAT 2021 score, shortlist for Personal Appearance (PA), conduct of common PI round for participating IIMs and final admission offer.

IIM Ranchi Admission 2022: Through Common Admission Process (CAP) 2022
The CAT 2021 score cut off for admission 2022 will depend upon the number of candidates opting for IIM Ranchi. The Admission criteria 2022 at IIM Ranchi is based on Common Admission process (CAP) 2022. IIM Ranchi will have the same shortlisting criteria as that of all participating IIMs for Common Admission Process (CAP) 2022. The details of IIM Ranchi Admission Criteria 2022 prescribe the admission eligibility, CAT 2021 cut off, Weightage for CAT score in Personal Appearance (PA) round and other parameters.

CAP 2022: Key Points 
IIM Ranchi 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 Ranchi for the year 2022-24 batch shall constitute the following parameters under Common Admission Process (CAP):

  • CAT 2021 Examination valid CAT score, as applicable
  • Common eligibility criteria for shortlisting to WAT and PI process: IIM Ranchi shall have the same shortlisting criteria as that of all other participating IIMs for CAP-2022
  • 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-2021 score, WAT and PI score, academic profile, work experience and diversity (gender/academic disciplines)

IIM Ranchi awards high importance to CAT score in shortlisting the candidates for PI while the final merit list will be prepared with a weightage of 40% to CAT 2021 exam score. IIM Ranchi has clarified, “Admission to Post Graduate Programme of IIM Ranchi (leading to the MBA degree) will be based on performance of candidates in CAT 2021, Personal Interview (PI) and their profile. The PI process will be common for all the IIMs participating in CAP 2022 process.”

IIM Ranchi Admission Criteria
IIM Ranchi Admission Criteria 2022 remain a three step process. The three-stages of selection criteria are:

  1.  Eligibility criteria
  2.  Shortlisting Criteria for Personal Interview (PI) Round
  3. Final Admission Selection criteria

 IIM Ranchi Admission Eligibility

  1. IIM  Ranchi 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%
  2. One of the most important points in IIM Ranchi Admission Eligibility criteria is that apart from a recognized graduate degree, the candidate should appear in CAT 2021 exam and must score minimum prescribed sectional and overall score to be considered for shortlisting
  3. 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 Ranchi by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
  4. A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for IIM Ranchi Admission 2022. 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.
  5. IIM Ranchi Eligibility further clarifies that such a candidate, if selected, will not be eligible for the IIM Ranchi admission unless he/she submits a certificate latest by June 30, 2022 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2022) 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.
  6. It is mandatory for a final year student, who is provisionally considered eligible by IIM Ranchi 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, 2022.  The deadline to submit the mark-sheet and the certificate is December 31, 2022. 

IIM Ranchi Shortlisting Criteria
The second part of IIM  Ranchi Admission criteria is the shortlisting criteria before Personal Interview Round. IIM Ranchi shortlists the candidates on the basis of performance in CAT 2021 exam for final selection round and declares the shortlist in the second/third week of January.

An initial shortlist shall be prepared comprising of candidates who will be eligible for the PI process for admission to the MBA 2022-24 Batch of IIM Ranchi. This list will be purely based on CAT performance. The shortlisted candidates of all the participating IIMs will be merged to make a combined shortlist for further processing.  The shortlisting criteria points in detail are as under:

  • The shortlisting for final selection round in IIM Ranchi Admission Criteria award 100% weight to CAT 2021 score.
  • The candidate must have scored minimum sectional percentile of 70 in each of the three sections of CAT 2021 – Quantitative Aptitude' (QA), ‘Data Interpretation & Logical Reasoning' (DILR) and ‘Verbal and Reading Comprehension' (VRC)
  • A candidate must have scored minimum overall percentile of 93 in CAT 2021
  • If the candidate does not score minimum prescribed percentile in CAT 2021, he/she will not be considered for shortlisting for final selection stage.
  • IIM Ranchi Admission Committee will decide the number of candidates who would be shortlisted for PI round on the basis of criteria prepared for each category
  • All the Candidates shortlisted for PI process have to attend PI round which is a common process for all the participating IIMs. However, in view of the Covid pandemic, the WAT is dropped and PI may be conducted online.

IIM Ranchi Admission Cut Off  
IIM Ranchi Cut off is higher than many other IIMs. Only the candidates above the minimum cut-offs in the CAT 2021 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2021 are considered for shortlisting for all the subsequent stages:

Category
Section-1 VARC
Section-2 DILR
Section-3 Quant
Overall CAT 2021 Percentile
General
70
70
 70
93
EWS
50
50
50
74
NC-OBC
50
50
50
74
SC
35
35
35
54
ST
27
27
27
40
DAP
27
27
27
40

Final Admission Selection Round Criteria

  • All the shortlisted candidates are eligible to participate in Personal Interview (PI) round for admission to IIM Ranchi
  • The final selection round for IIM Ranchi Admission is common for the IIMs who are participating in the Common Admission Process (CAP) 2022.
  • The PI process is scheduled to be conducted at five different centres, namely Bangalore, Chennai, Kolkata, Mumbai and New Delhi. However, PI may be conducted online depending upon the Covid prevailing situation.
  •  Admission offers are made on the basis of a merit list. This Consolidated Merit List (CML) is prepared on the basis of CAT score, Profile, PI as per corresponding weights assigned to them

IIM Ranchi Final Selection Criteria Weights for Admission 2022

Component
Weightage Percentage
Remarks
CAT 2021 Score
  40
CAT Score to be used and not the CAT Percentile
Personal Interview (PI)
  30
Min 15 out 50 marks with 30% weight required for PI
Profile
  30
Includes Weight for Academics, Work Ex, Diversity
Total
100
Calculated as Consolidated Merit Score

Profile: Components & Weightage
The components included in profile with a weight of 30% in final selection round are as under:

Profile Component
Weightage marks out of 30
Weightage parameter
Academic Profile
13
4 marks each if scored 85%+ in Class X, XII & 5 marks for Graduation
Work Experience
  7
Maximum weightage for work experience between 25-30 months
Academic Diversity
  5
5 Marks for Non-Engineering Graduates
Gender Diversity
  5
5 Marks to female & transgender, no marks to male
Total Marks
30
Overall Profile Weightage

IIM Ranchi Admission Process
Following steps are included in the IIM Ranchi Admission process:

Step 1: The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT 2021 to be considered for Shortlisting process for admission at IIM Ranchi. Category wise short-lists of the candidates are prepared for Personal Interview (PI) from among the candidates who have a valid CAT-2021 score, who have applied to the programme and who satisfy the eligibility criteria for the programme of IIM Ranchi.

Step 2: Shortlisted Candidates have to attend Common Admission Process (CAP) 2022 for the participating IIMs. CAP 2022 will consist of  PI round in final selection process. Candidates not meeting the minimum performance in PI will not be considered for the final selection.

Step 3: After the PI round, admission offers are made by IIM Ranchi to successful candidates. The final selection is based on Consolidated Merit List (CML) which is arrived at with diverse set of attributes including performance in CAT, performance in 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 2022 on the basis of Final Merit Score and will be available on IIM Ranchi website. 

Step 5: Candidates receiving admission offer from IIM Ranchi will need to send the acceptance within the stipulated date along with an Offer Acceptance amount of Rs.100,000/-.

IIM Ranchi was established in 2010 and is the 9th in the IIM Family. It was the only IIM offering a specialized PGDHRM course. IIM Indore is the next IIM offering PGHRM now. The B school currently offers diverse PGP programmes leading to MBA degree including a 2 year MBA in General management; 2 year fulltime programme on Human Resources Management (MBA-HRM); MBA-Business Analytics (MBA-BA); 5 year full time Integrated Programme in Management (IPM) leading to award of BBA+MBA degree; Fellow Program in Management and 2 years Executive MBA for working professionals.  IIM Ranchi has also launched a certified Barefoot Manager program to promote entrepreneurship and to impart livelihood skills among the school drop outs and illiterates.

Stay tuned to MBAUniverse.com for more updates on IIM Ranchi 

Read Full Details IIMs Admission: Eligibility, Fees, Admission Proces, Shortlisting Criteria and Important Dates

 

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