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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.
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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.
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.
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.
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.
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)
The total fee of the IIM Ranchi MBA program is 19,20,000.
As per last year’s IIM Ranchi placement report the highest CTC was Rs 37.8 LPA.
Accommodation/ hostel charges for IIM Ranchi will range from INR 1,20,000 to INR 2,46,000.
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