IIM Ranchi Fees 2026–28: MBA, MBA-HR & MBA-BA Fee Structure, Installments, Refund Policy & Placements

IIM Ranchi Fees 2026–28: MBA, MBA-HR & MBA-BA Fee Structure, Installments, Refund Policy & Placements

Team Careers360Updated on 01 Dec 2025, 12:53 PM IST

IIM Ranchi Fees - The Indian Institute of Management (IIM) Ranchi will release the MBA fee structure for the academic batch of 2026-28 with the release of IIM Ranchi admission criteria. As per IIM Ranchi admission criteria, candidates will be shortlisted based on CAT 2025 score as well as other parameters. After the selection process has concluded, shortlisted candidates will have to deposit the offer acceptance fee and IIM Ranchi admission fees.

This Story also Contains

  1. List of Programs Offered by IIM Ranchi
  2. IIM Ranchi Fees for MBA 2026 (Expected)
  3. IIM Ranchi Withdrawal Policy
  4. IIM Ranchi Placement Report - (Past year’s)
IIM Ranchi Fees 2026–28: MBA, MBA-HR & MBA-BA Fee Structure, Installments, Refund Policy & Placements
IIM Ranchi Fees 2026-28

As per last year, the expected fee structure of IIM Ranchi for the academic batch of 2026-28 is expected to be around Rs 19,20,000 for both PGP and PGP HRM programs. The fee structure of IIM Ranchi can be paid in six instalments. IIM Ranchi fees include tuition fees, offer acceptance fees, hostel charges, alumni activity, etc. IIM Ranchi will offer around 200 seats to the upcoming PGP batch.

List of Programs Offered by IIM Ranchi

Currently, IIM Ranchi offers MBA, MBA (BA), and MBA (HR) programs to the candidates. IIM Ranchi will release its PGP admission criteria to shortlist candidates for full-time residential programs. Selected candidates will be required to submit the IIM Ranchi fee as specified.

IIM Ranchi Fees for MBA 2026 (Expected)

The fee for the MBA, MBA-HR & MBA-BA programs for the academic batch of 2026-28 will be Rs 19.20 lakh, including Caution Deposit, Alumni Fee & Mess Charges.

S. No

Particulars

Term-I

Term-II

Term-III

Term-IV

Term-V

Term-VI

Total

1

Acceptance Fee

1,10,000

-

-

-

-

-

1,10,000

2

Tuition Fee

2,05,000

3,15,000

3,15,000

3,15,000

3,15,000

3,15,000

17,80,000

3

Caution Deposit

20,000

-

-

-

-

-

20,000

4

Alumni Fee

10,000

-

-

-

-

-

10,000


Total

3,45,000

3,15,000

3,15,000

3,15,000

3,15,000

3,15,000

19,20,000

  • Acceptance fee of Rs 1,10,000/- to be paid through online mode while accepting the admission offer, and this will be part of the tuition fee for the first term.

  • The caution deposit of Rs 20,000 is refundable at the time of leaving the institute, subject to the adjustment, if any.

  • The term-wise IIM Ranchi fees are payable at the beginning of each term.

  • In addition to the above-mentioned fee, mess charges will be paid extra- Rs 28,350/- + GST per term.

BIMTECH PGDM Admissions 2026

AACSB Accredited | Highest CTC: 22 LPA | Last Date: 31st December 2025

Great Lakes - PGDM & PGPM Admissions 2026

Globally Recognized by AACSB (US) & AMBA (UK) | 17.8 LPA Avg. CTC for PGPM 2025

IIM Ranchi Withdrawal Policy

Any candidate who wishes to cancel their admission will have to write an email to IIM Ranchi. The admission officials will provide a withdrawal form to such candidates. Also, candidates can send an advanced scanned soft copy of the signed form in an email, and the hard copy through courier to IIM Ranchi within three weeks from the date of the email. IIM Ranchi will deduct Rs 1000 towards the processing fee.

IIM Ranchi Placement Report - (Past year’s)

Check out the highlights of the previous year's IIM Ranchi PGP placements.

MBA BA (Business Analytics)

Batch

Year

Highest

Average

Median

Key Highlights

2022-24

2023-24

34.91

19.13

16.88

Highest CTC increased by 56.56%

Average CTC increased by 16.5%

2021-23

2022-23

22.3

16.4

16

MBA HR (Human Resource)

Batch

Year

Highest

Average

Median

Key Highlights

2022-24

2023-24

33.97

18.37

18.22

PPO offers increased by 23.08%

Median CTC increased by 13.8%

2021-23

2022-23

32.2

16.3

16

MBA

Batch

Year

Highest

Average

Median

Key Highlights

2022-24

2023-24

37.8

16.69

18

The average CTC (top 80%ile) is 19.8 LPA

Median CTC increased by 9%

2021-23

2022-23

35.5

17.3

16.5

Frequently Asked Questions (FAQs)

Q: What is the highest package in IIM Ranchi?
A:

As per last year’s IIM Ranchi placement report the highest CTC was Rs 37.8 LPA.

Q: What is the hostel fee for IIM Ranchi?
A:

Accommodation/ hostel charges for IIM Ranchi will range from INR 1,20,000 to INR 2,46,000.

Q: What are the fees for an MBA in IIM Ranchi?
A:

The total fee of the IIM Ranchi MBA program is 19,20,000.

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Questions related to CAT

On Question asked by student community

Have a question related to CAT ?

HELLO,

With an overall 98.54 percentile ( QA/DILR 97.55, VARC 94.89) and strong academics 9/9/0, you have a good profile. As a B.Tech candidate you can expect calls from :-

  • IIM Shillong
  • IIM Udaipur
  • IIM Trichy
  • IIM Ranchi
  • IIM Raipur
  • IIM Kashipur
  • IIM Nagpur
  • IIM Indore is Boderline

Hope this will help you !

Hello aspirant,

Your kid has a good profile even in the general category with a BTech from IIT Delhi, three years of excellent job experience in a leading industry, and a 96 percentile in the CAT. He has a strong chance at reputable MBA schools like IIM Shillong, IIM Udaipur, IIM Trichy, IIT Bombay, IIT Delhi, and others, depending on interview performance and profile match, even though the top IIMs often require higher percentiles.

Thank you

Hope it helps you

With an overall CAT percentile of 82.71 in CAT 2025 as a general category candidate, along with section-wise percentiles of 80.56 in VARC, 75.81 in DILR and 84.56 in QA, your chances at top IIMs are limited, as most older IIMs usually shortlist general category candidates at much higher percentiles. However, this percentile still keeps you eligible for admission calls from several Tier-2 and Tier-3 MBA colleges across India, especially those that consider overall performance, academic background and work experience along with CAT scores. You can expect calls from institutes such as IMT Nagpur, IMI Bhubaneswar, FORE School of Management (some programs), TAPMI Manipal (borderline), Great Lakes Institute of Management (Chennai or Gurgaon for PGPM/PGDM variants), K J Somaiya (depending on cut-offs), GIM Goa (through CAT or other exams), and state-level universities that accept CAT scores. Additionally, many good private universities and autonomous B-schools consider candidates in the 80–85 percentile range and conduct their own GD-PI rounds. To improve your chances, you should apply widely, prepare well for interviews, and highlight your academics, work experience, certifications and extracurricular achievements, as final selection is not based on CAT score alone.

All the best.

With an overall CAT 2025 percentile of 82.71, you are unlikely to get calls from the IIMs (including new or baby IIMs), as most of them generally shortlist candidates at 90+ percentile, even after considering category and profile factors. However, this percentile is still quite decent and opens doors to many good Tier-2 and Tier-3 MBA colleges in India that offer solid academics, reasonable placements, and good industry exposure.

At around 80–85 percentile, you have a strong chance of getting shortlisted by institutes such as IMI Bhubaneswar, IMT Nagpur, IMT Hyderabad, XIME Bangalore/Chennai, TAPMI Manipal (borderline, profile-dependent), IFMR GSB Krea University, FORE School of Management (certain programs), GIM Goa (specialised programs), LIBA Chennai (borderline), K J Somaiya Institute of Management (profile-based), Great Lakes Chennai/Gurgaon (PGDM – profile matters a lot), and Welingkar Mumbai (especially through profile + GDPI). Many reputed state universities and private institutes like PUMBA Pune, Delhi School of Management (DTU – if accepting CAT that year), BIMTECH (some programs), NDIM Delhi, ITM Navi Mumbai, and Jaipuria Institute of Management campuses are also realistic options.

Your sectional percentiles (VARC 80.56, DILR 75.81, QA 84.56) are fairly balanced, which works in your favor, as several colleges apply sectional cut-offs around 60–70 percentile. Final selection will depend not only on CAT score but also on academic background, graduation marks, work experience, diversity factors, and GD-PI performance. If you have work experience, it significantly improves your chances at colleges like Great Lakes, FORE, IFMR, and Welingkar.

In summary, while top IIMs are not achievable at 82.71 percentile, you can still secure admission into reputed mid-tier MBA colleges that provide good ROI and career growth if you perform well in the GD-PI process. It is advisable to apply broadly, focus on profile-based institutes, and prepare seriously for interviews to convert the best possible calls.

With 84.91 percentile in CAT (General, male, no work experience), top colleges like IIMs, IITs, FMS, MDI, etc. are not possible. You may get calls from private institutes such as IMT Nagpur/Hyderabad, IMI Bhubaneswar, XIME, SDMIMD, Welingkar (some programs) and similar colleges. Universities like Amity or LPU are also options.

It’s better to choose carefully, as placements and ROI may be average. Reattempting CAT or trying XAT/CMAT could improve options.