IIM Ranchi Completes 100% Placement 2022: Registers 10% Hike in Average Salary at Rs.16.17 LPA; Marketing, IT, Consulting Emerged as Preferred Domains

MBAUniverse.com News Desk |
May 16, 2022
IIM Ranchi has completed 100% placement 2022 for its large MBA and MBA-HR batch of 325 students. The Average salary has gone up at Rs.16.17 LPA in Placement 2022 from Rs.14.69 LPA last year. 98 companies participated in the Placement process 2022. Sales & Marketing emerged as the most preferred functional area, closely followed by profiles in Strategy & Consulting, Operations, IT Analytics and Finance.
IIM Ranchi Placement 2022

IIM Ranchi is consistently keeping its students industry ready to get high domestic as well as international placements. This year again, IIM Ranchi has completed 100% placement 2022 with students getting high placement packages from 98 companies.

One of the key highlights in IIM Ranchi Placements 2022 is that the Sales & Marketing emerged as the most preferred functional area, closely followed by profiles in Strategy & Consulting, Operations, IT Analytics and Finance. The season saw lateral offers being extended by recruiters to students with prior work experience. 

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IIM Ranchi: Placement 2022 Highlights
Below are the key Placement highlights for MBA and MBA-HR 2020-22 Batch

MBA 2020-22 Batch Placement: Highlights

  • 77 companies visited the campus this year and extended offers to students of the MBA batch of IIM Ranchi.
  • Highest Salary in Placement 2022 goes up at Rs.32.21 LPA from Rs.26.50 LPA last year
  • Average Salary has gone up by 10% at Rs.16.17 LPA from Rs.14.69 LPA last year
  • 2020-22 Batch Size increased to 253 students from 201 students in 2019-21
  • Median Salary in Placement 2022 goes up at Rs.15.50 LPA from Rs.14.95 LPA last year
  • Average Salary for Top 25 percent goes up at Rs.22.02 LPA in Placement 2022 from Rs. 18.85 LPA last year
  • Top Recruiters: Accenture, Deloitte, Amazon, Dell, Godrej, J P Morgan, L&T, Cognizant, EY among others
  • Consulting was the top domain with 20.60% share in placement 2022

MBA-HR 2020-22 Batch Placement: Highlights
IIM Ranchi is the pioneering IIM to offer a 2-year course in Human Resource Management. The course structure has been designed by NHRDN and has a unique pedagogy taught by eminent faculty and industry experts. The MBA-HR batch of 2020-22 has performed well bagging offers from prestigious corporate houses. A total of 21 companies have extended offers to the students of MBA-HR batch.

  • Highest Salary – Rs.32.21 LPA
  • Average Salary – Rs.15.63 LPA
  • Median Salary – Rs.15.40 LPA
  • Top 25 Percent – Rs.22.17 LPA
  • Batch Size – 72 students
  • Total Recruiters – 21
  • Top Recruiters: Accenture, Cognizant, EY, Flipkart, Aditya Birla, DE Shaw, Capgemini, ICICI Bank  among others

For seven years in a row, IIM Ranchi has maintained its successful trend in placements despite all the covid pandemic problems during last two years. Releasing the final placement 2022 report, Prof. Pradip Kumar Bala, Director in charge, IIM Ranchi said, “With its ever-evolving curriculum, focus on holistic growth of students, and steady expansion in notable connections with organisations, IIM Ranchi, in its twelve-year journey, has emerged to be one of the fastest-growing business schools in India. The virtue imparted by this institute will assist our students in doing an exceptional job, not only as effective managers but also as leaders who will make significant contributions towards the advancement of society.”

Key Placement trends
The 11th placement season at IIM Ranchi, the 9th Indian Institute of Management has seen a rise in average, highest and median salary packages despite a large batch size. 98 total companies have participated in placements, offering diverse roles in the functional areas of Sales & Marketing, Finance, Operations & General Management, IT & Analytics, Strategy & Consulting and Human Resource Management.

MBA

Placement Batch
Batch size
Number of recruiters
New Recruiters
MBA 2020-22
253
77
--
MBA 2019-21
201
128
97
MBA 2018-20
181
94
71
MBA 2017-19
181
88
58
PGDM 2016-18
134
89
52
PGDM 2015-17
118
75
48
PGDM 2014-16
122
61
22

MBA-HR

Placement Batch
Batch size
Number of Recruiters
New Recruiters
MBA-HR 2020-22
 72
21
--
MBA HR 2019-21
 72
50
22
MBA HR 2018-20
 67
42
21
PGDHRM 2017-19
 63
39
24
PGDHRM 2016-18
 51
52
34
PGDHRM 2015-17
 47
39
22
PGDHRM 2014-16
 38
24
13

IIM Ranchi was the only IIM to offer a specialized 2-year course in Human Resource Management (PGDHRM) till IIM Indore started similar course. The course structure is designed by the NHRDN and is continuously updated with the help of top academicians and industry experts.

The batch of 2020-22 witnessed a high salary packages. Students who participated in placement 2022 made their worth felt in the industry by bagging top offers from some of the biggest names in the country.

Top recruiters in Placement 2022
IIM Ranchi placement 2022 witnessed the return of major brands and prominent associations like Accenture, Capgemini, Cognizant, HCL, Aditya Birla, Deloitte, Amazon, and many more.

Top Recruiters for MBA 2020-22 Batch

IIM Ranchi Top Recruiters for MBA 2019-21 Batch

Profiles Offered
For MBA programme, Sales & Marketing emerged as the most preferred functional area, closely followed by profiles in Strategy & Consulting, Operations, IT Analytics and Finance. The season saw lateral offers being extended by recruiters to students with prior work experience.

For MBA-HR programme profiles were offered in Compensation & Benefits, HR Analytics, HR Business Partner, HR Consultant, HR Operations, Industrial Relations, Learning & Development, Performance Management, Talent Acquisition

IIM Ranchi was established in 2010 and is the 9th in the IIM Family. The B school currently offers a 2 year MBA in General management and 2 year fulltime MBA programme on Human Resources Management, Fellow Program in Management and 18 month part time Diploma in Management (PGEXP). With effect from academic session 2021-22 IIM Ranchi has also launched 5year Integrated programme in management offering BBA+MBA to the class 12 pass students. A certified Barefoot Manager program to promote entrepreneurship and to impart livelihood skills among the school drop outs and illiterates also exists at IIM Ranchi

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