Top Package Offered by IIM Ranchi in the 2023-24 Placement Season

During the 2023-24 placement season, Indian Institute of Management Ranchi (IIMR) offered a domestic package of 56 lakhs per annum. This remarkable achievement reflects the institute's continued commitment to delivering exceptional educational and career opportunities for its students.

Placement Report Overview

For those interested, I would like to share some relevant and factual data from the IIMR's 2021-22 and 2020-21 placement reports:

2022-23 Placement Report

CTC (Cost to Company) Details

Domestic Placement: INR 22.37 LPA (CTC) International Placement: INR 59.36 LPA (CTC)

It's important to note that CTC is a mix of fixed and variable income, various annual allowances, and in some cases, a joining bonus. These figures represent the minimum guaranteed remuneration for the students.

Placement Statistics

The IIM Ranchi Final Placement Report (2018-2020) provides valuable insights into the placement scenario. Here are some key statistics:

Total Recruitment

Total Number of Recruiters: 94 First Time Recruiters: 71 Batch Size: 181

Highest Package by Section

Section Maximum Package (INR LPA) Average Package (INR LPA) HR 26.5 14.55 Marketing 59.36 15.01 Strategy Consulting 22.37 16.36 Finance 20.37 16.03 Operations 20.37 15.57

The data shows a diverse range of career opportunities with average and maximum packages provided in various sections, highlighting the versatility of the business environment in which IIMR graduates can excel.

Top Recruiters

Several prestigious companies have consistently returned to IIM Ranchi to recruit top talent:

Samsung Flipkart KPMG Cognizant Asian Paints Berger Paints Vedanta Deloitte Tata Steel HSBC ICICI Bank AnandRathi JP Morgan Chase Accenture Godrej IBM Kotak Mahindra Amazon Capgemini Titan IDFC Bank RBL Bank Hero MotoCorporation IDFC First Bank

Conclusion

The placement trends and top recruiters provide a strong case for why IIM Ranchi remains a highly sought-after institution. While top packages are a highlight, students should also consider factors such as the diversity of recruiters, academic quality, and infrastructure. A well-balanced decision can lead to a successful career ahead.