IIM Ranchi MBA Placement 2023: IIM Ranchi (Indian Institute of Management, Ranchi) has completed its final placement for its MBA, MBA-HR and MBA-BA 2021 – 2023. The Average salary for MBA has gone up to Rs. 17.30 LPA in Placement 2023 from Rs. 16.17 LPA last year (for the batch 2020 -2022). Total 178 companies made placement offers to the students. Sales & Marketing emerged as the most preferred functional area, closely followed by Strategy & Consulting, Operations, IT Analytics and Finance.
Compare MBA Colleges: SIBM Pune vs IIM Ranchi vs SCMHRD
Placement history
| Batch | Average salary | Highest Salary |
| 2021 | 14.69 | 26.5 |
| 2022 | 16.17 | 32.2 |
| 2023 | 17.5 | 67 |
IIM Indore Placement 2023. Year-wise Average & Highest Salary
The largest ever MBA Batch of 399 students of IIM – Ranchi attracted placement offers from 124 companies.
This MBA Batch comprising MBA, MBA – HRM & MBA – BA (Business Analytics) outperformed all expectations and bagged lucrative roles across multiple sectors & domains.
To share with our readers, IIM Ranchi launched its MBA – BA in the year 2021 itself, keeping in mind the industry’s shifting landscape and growing importance of business analytics.
Find: Placement of Other Top B-school HERE
Highlights of MBA Placement: 62.3% increase in the number of companies visiting Campus.
- Highest Domestic CTC : INR 35.5 LPA
- Highest International CTC : INR 67.0 LPA
- Average CTC : INR 17.3 LPA
- Increase in Avg CTC % : 7.2%
- Number of PPOs : 76
Sector wise split (in Offer)
- IT/ITES – 15.3%
- BFSI – 17.7%
- Consulting – 13.7%
- FMCG – 12.9%
- Manufacturing – 11.3%
- Pharma & HealthCare – 6.5%
Few prominent Recruiters: KPMG , Deloitte, Capgemini, JP Morgan Chase, Deutsche Bank etc
Highlights of MBA – HR Placement: 69 students being offered by 29 recruiters.
- Highest Domestic CTC : INR 32.2 LPA
- Average CTC : INR 16.3 LPA
- Increase in Avg CTC % : 4.2%
- Number of PPOs : 13
Sector wise split (in Offer)
- IT/ITES – 6.7%
- BFSI – 10%
- Consulting – 20%
- FMCG – 20%
- Manufacturing – 23.3%
- Oil & Gas – 6.7%
Few prominent Recruiters: L& T, Tata Steel , Maruti Suzuki , Yes Bank , American Express , Mercer, DS group etc.
Highlights of MBA – Business Analytics (BA) Placement: 35 students received offers from 25 companies.
- Highest Domestic CTC : INR 22.3 LPA
- Average CTC : INR 16.4 LPA
- Increase in Avg CTC % : NA ( as 1st Batch for Placement)
- Number of PPOs : 6
Sector wise split (in Offer)
- IT/ITES – 20%
- BFSI – 28%
- Consulting – 8%
- FMCG – 8%
- Manufacturing – 16%
- Others – 16%
Few prominent Recruiters: Sony Pictures , ZS Associates , EXL , DCM Shriram, Cognizant, Citibank , HSBC etc.
Placement 2023 : Student of IIM Ranchi receive job offer of 67 lakhs annually
