IIM Ranchi Admission 2021: Weight to CAT score Up at 40%, No WAT in CAP Round; Check Criteria, Process, Cut-off, Fees, Placement

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MBAUniverse.com News Desk |
January 9, 2021
IIM Ranchi has announced its admission policy for 2021-23 batch. It has increased weight to CAT score to 40% in final selection from 30% last year. No WAT is proposed in IIM-CAP round. CAT cut off in shortlisting remains high at 94 percentile which is higher than the cut off prescribed by IIM Ahmedabad, Bangalore, Calcutta and other top IIMs. Read the article below to check key details on changes in Admission Criteria, cut off, fee, placement
IIM Ranchi Admission 2021

Admission policy 2021 of IIM Ranchi prescribes a high CAT 2020 cut off at 94 percentile for shortlisting. The cut offs are higher than the cut offs prescribed by IIM Ahmedabad, Bangalore, Calcutta, Lucknow and the other top IIMs. One of the key USPs of IIM Ranchi is its high gender diversity which has remained at 40% in last batch as well. This year IIM Ranchi has announced many changes in its admission criteria.

IIM Ranchi Admission Criteria 2021: Key Changes

  • CAT cut off remains high at 94 percentile in shortlisting
  • Weightage to CAT score increased to 40% in final selection 2021 from 30% last year
  • No Writing Ability Test (WAT) in Personal Assessment (PA) through CAP Round 2021
  • Weight for Academic Profile reduced to 13% from 15% last year

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) 2021 for final admission.

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

Programmes Offered
IIM Ranchi offers 2 years full-time residential MBA and 2 years full time residential MBA-HR programmes for graduates from all disciplines who wish to choose a career in management.

IIM Ranchi Fees

  • The total programme fees payable by MBA and MBA-HR students of Resident Indian Category at IIM Ranchi is Rs 15,30,000/-.
  • 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: 245 students
IIM Ranchi batch size is 245 students. There are 65 students in MBA HRM batch and 180 in MBA. The batch size may go up in 2021.

IIM Ranchi Placements 2020
IIM Ranchi has a consistent record of high placements. International package at IIM Ranchi in placement 2020 has gone as high as Rs.59.36 LPA busting the myth of economic slowdown with a rising trend in highest, average and median salary packages in Placement 2020.

For five years in a row IIM Ranchi has maintained its upward trend in placements. Final placement 2020 report of IIM Ranchi has shared that it completed its final placement for the large batch of 248 students in record time and at higher salaries offered to them. 136 companies that visited IIM Ranchi for campus Placement 2020 included 92 new recruiters. 

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Highest & Average Salary for MBA 2018-20 batch
A comparative analysis of Placement packages for MBA over the last 5 years is detailed below:                          

(Rs.in lakhs)

Placement year
Highest salary (International)
Highest Salary (Domestic)
Average salary
2020
59.36
22.37
15.11
2019
58.1
26
15.02
2018
57
30
15.09
2017
57
26
14.86
2016
55.23
25.5
14.80

Placements MBA-HR 2020
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 2018-20 witnessed a high average salary in MBA-HR Placement 2020 at IIM Ranchi. Students who participated in placement 2020 made their worth felt in the industry by bagging top offers from some of the biggest names in the country. 42 companies visited the campus to roll out offers to the 67HR students.

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

(Rs.in lakhs)

Placement year
Highest Salary
Average salary
2020
26.5
14.55
2019
21
14.52
2018
21
14.67
2017
19
13.78
2016
20.2
13.49

The admission process for both the programmes MBA and MBA-HR is based on CAT 2020 score, shortlist for Personal Appearance (PA), conduct of common PI round for participating IIMs and final admission offer. 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 2020 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 2020, Personal Interview (PI) and their profile. The PI process will be common for all the IIMs participating in CAP 2021 process.” It may be noted that IIM Raipur is coordinating CAP 2021 for all the participating IIMs. 

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IIM Ranchi Admission Criteria
IIM Ranchi Admission Criteria 2021 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 2020 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 2021. 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, 2021 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2021) 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, 2021.  The deadline to submit the mark-sheet and the certificate is December 31, 2021. 

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 2020 exam for final selection round and declares the shortlist in the second/third week of January 2021. 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 2020 score.
  • The candidate must have scored minimum sectional percentile of 80 in each of the three sections of CAT 2020 – Quantitative Aptitude' (QA), ‘Data Interpretation & Logical Reasoning' (DILR) and ‘Verbal and Reading Comprehension' (VRC)
  • A candidate must have scored minimum overall percentile of 94 in CAT 2020
  • If the candidate does not score minimum prescribed percentile in CAT 2020, 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-19 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 2020 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2020 are considered for shortlisting for all the subsequent stages:

Category
Section-1 VARC
Section-2 DILR
Section-3 Quant
Overall CAT 2020 Percentile
General
80
80
 80
94
EWS
60
60
60
75
NC-OBC
60
60
60
75
SC
45
45
45
55
ST
30
30
30
40
DAP
30
30
30
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) 2021.
  • 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-19 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 2021

Component
Weightage Percentage
Remarks
CAT 2020 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 Wt 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 2020 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-2020 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) 2021 for the participating IIMs. CAP 2021 is conducted by IIM Raipur and 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 2021 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 a 2 year PGDM in General management and 2 year fulltime programme on Human Resources Management (PGDHRM), Fellow Program in Management and 18 month part time Diploma in Management (PGEXP). 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