IIM Ranchi has completed the final placement process for the PGDM and PGDHRM batches of 2016. As many as 171 offers were made to the students. The number of PPOs/PPIs increased by 40% compared to that of last year. The average salary offered to the PGDM and PGDHRM students is Rs. 15.14 lakh per annum and Rs. 13.49 lakh per annum respectively.
The following table brings to you the highlights of the placement process at IIM Ranchi.
Number of students
Total number of companies
Number of first time recruiters
Number of Lateral offers
Rs. 15.14 lakh per annum
Rs. 13.49 lakh per annum
Highest Domestic CTC
Rs. 25.5 lakh per annum
Rs. 20.2 lakh per annum
Highest International CTC
Rs. 55.23 lakh per annum
Average Domestic CTC
Rs. 14.80 lakh per annum
PGDM Function wise Placement
Sales and Marketing was most preferred functional area for IIM Ranchi graduates. According to IIM Ranchi, the average salary has increased by 13%. Over 12% of the batch has received offers above Rs. 20 lakh per annum. The average CTC for the top 25% and 50% of the batch are Rs. 19.73 lakh per annum and Rs. 16.98 lakh per annum respectively.
Now let us have a look at the function wise placement trend in detail.
The prominent recruiters from this domain included Accenture, Cognizant, Deloitte, Ernst & Young, Gallup, Redseer Consulting and RPG Group. The top profiles offered by the companies are Associate Consultant, Corporate Advisor, Engagement Manager, Senior Consultant and Senior Research Analyst.
The Median CTC offered in the Consulting domain is Rs. 14 lakh per annum. The top 10 and 20 percentile average CTC is Rs. 21.17 lakh per annum.
The top profiles offered in the Finance domain are Asset Management, Corporate Banking, Equity Research, International Banking and Investment Banking Treasury by the companies like CCIL, CRISIL, ICICI Bank, JPMorgan Chase, Thomson Reuters and Yes Bank.
The Median CTC offered is Rs. 14 lakh per annum. The top 10 percentile CTC offered is Rs. 23.47 lakh per annum and the top 20 percentile CTC is Rs. 22.8 lakh per annum.
Apollo Munich Insurance, Future Group, Jindal Steel & Power Ltd., Larsen & Toubro and mjunction are some of the top recruiters of General Management which offered roles like Leadership & Group Strategy, New Business Initiatives and New Product Innovation & Development.
The average salary packages offered to the top 10 and 20 percentile of the batch are Rs. 20.18 lakh per annum and Rs. 18.12 lakh per annum. The median salary offered is Rs. 14 lakh per annum. The top 10 and 20 percentile CTC offered is Rs. 20.8 lakh per annum and Rs.18.12 lakh per annum respectively.
Prominent companies like Amazon, Cummins, Future Supply Chain, Stellium Inc. and Tata Steel offered varied roles like Fleet Management, Procurement Consulting, Supply Chain Strategy and Warehouse Management.
The Median CTC offered by Operations domain is Rs. 12.62 lakh per annum. The average salary of top 10 percentile is Rs. 15.4 lakh per annum and that of the top 20 percentile is Rs. 14.96 lakh per annum.
IT & Analytics
The top recruiters included Google, Cognizant, L&T Infotech and Wipro. The roles offered were that of Account Manager, Business Development, Business Solution Enabler, Campaign Manager, Data Analyst and Product Quality Analyst.
The Median CTC offered in this domain is Rs. 14.37 lakh per annum, which is the highest among all the domains. The average salary of top 10 percentile and 20 percentile is Rs. 21.17 lakh per annum and Rs. 19.08 lakh per annum respectively.
Sales & Marketing
The profiles offered in this domain are Brand Management, Digital Marketing, International Marketing, Marketing Research and Media Marketing by companies like Berger Paints, DS Group, Hero MotoCorp, HT Media, Maruti Suzuki, MTR Foods and Videocon D2H.
The Median CTC of Sales & Marketing is Rs. 13.75 lakh per annum. The top 10 percentile average salary is Rs. 25.72 lakh per annum and top 20 percentile average salary is Rs. 20.39 lakh per annum.
The prominent recruiters of the PGDHRM programme offered by IIM Ranchi are BPCL, Deloitte, Google, Larsen & Toubro, Maruti Suzuki, MakeMyTrip, Mother Dairy, Ola Cabs, RPG Group, Samsung R & D, Tata Steel and Zee Entertainment. The HR profiles offered by the companies are Compensation and Benefits, Corporate HR, Employee Relations, HR Analytics, HR Business Partner, HR Operations, Industrial Relations, Learning and Development and Talent Acquisition.
The median salary offered to the PGDHRM batch of 2016 is Rs. 12.81 lakh per annum. The top 10 and 20 percentile students’ average CTC are Rs. 18.09 lakh per annum and Rs. 17.02 lakh per annum respectively.
Stay tuned to bschool.careers360.com for more news and updates on IIM Ranchi.
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Firstly, I would like to congratulate you on getting such a decent percentile. You have done hard wok throughout the year and this has reflected in your percentile. I addition to that, you have an awesome profile. Being a B-School student, I have seen placement processes where profiles similar to yours are getting shortlisted for interviews for summer placements and final placements. The fact that you got 90+ percentage in both class 10 and 12 would be like icing on the cake where your perfect work experience will pull up your CV. So you won’t be having any kind of problem if you keep your pointers good in academics during your MBA, though it doesn’t matter much.
I am jotting you down some of the top colleges and their CAT cut offs:
Average Package(in Lakhs Per Annum)
These are some of the top colleges and the average placement packages that you can expect at the end of your 2 year MBA program.
You will be getting a call from mostly all of the baby IIMs, namely
What I can say is that, you have a very good chance of converting some of the renowned B-Schools in India. So just start preparing for the initial Group Discussion, Case Presentation and Personal Interview rounds.
I hope I have been able to solve your query. Do write to us in case of any doubts and we will be happy to help. All the best!!!
Getting into IIMs has always been competitive however that has been the case for the general PG course which is based on CAT scores and subsequent WAT and PI. However in recent times IIMs have realized that specialization is the need of the hour. This is result of diverse adoption of technology expertise across industries which has led to tech knowledge becoming the primary driver of performance. What this has led the IIMs to do is partner up with academic partners to develop specialized courses specific to industries. For example, the
IIM analytics courses (https://mileseducation.com/analytics/home)
by IIM Lucknow are developed together with Wiley innovation council and IIM faculty. Further these courses are customized for business leaders who have the
IIM business and data analytics course (https://mileseducation.com/analytics/IIM-Lucknow)
while there is another custom
Analytics course for finance and accounting professionals (https://mileseducation.com/finance/IIM-Lucknow-Analytics)
. Since these courses are exclusively designed for an industry, the enrollments do not see the generic competition based on CAT scores. You can
check your eligibility (https://mileseducation.com/analytics/home)
and apply for enrollment.
Interestingly these courses give you the IIM Lucknow alumni status as well.
All the best.
Placement: According to the placement reports, the highest package offered is Rs 21 lakhs, the average package offered was Rs 14.67 lakhs and the median package offered was Rs 13.5 lakhs.
Recruiters: Google, IBM, Samsung, Cognizant, Deloitte, Accenture, ICICI Bank, Bosch, Wipro etc.
Fees Structure & Seats: The total fees for PGDHRM is Rs 14 lakhs and the intake is 48 students.
I. Initial shortlisting for WAT/ PI Process
An initial shortlist shall be prepared of candidates
who would be eligible for WAT and PI process for admission to the PGPHRM
2019-21 batch of IIM Ranchi. This shortlist will be purely based on CAT
Performance, Work Experience and Bachelor’s Degree and is expected to be
announced around the third week of March 2019. 75% weightage is given to the
CAT Score, 15% weightage is given to the discipline at the Bachelor’s Level and
10% weightage is given to the Work Experience.
II. WAT and PI
Personal interviews and WAT are planned to be conducted at four different centers
namely Bengaluru, Mumbai, New Delhi, and Ranchi. The exact dates for WAT and
PI would be communicated to the shortlisted candidates in due course.
III. Final Admissions 2019-21
After the PI & WAT, the Consolidated Merit List (CML) would be compiled on
the basis of following components and their corresponding weights:
CAT Score 30%
PI Score 30%
WAT Score 10%
I hope this helps.
the placement structure at iim ranchi is one of the best in hr Department. the average package in hr department is around 14-15 lakhs Per annum. Highest is around 21 lakhs per annum. Big companies like icici bank, jp morgan chase, delloitte, yes bank, and many more visit the campus for recruitment.
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