Indian Institute of Management, Ranchi2024 Placement Report
Indian Institute of Management, Ranchi: 2024 Placement Report
Numbers
Editorial review
Indian Institute of Management, Ranchi's 2024 placement cycle: IIM Ranchi's MBA batch of 2022-24 recorded a median CTC of Rs 18 lakh and a highest of Rs 37.80 lakh across 76 recruiters, with 207 students opting into placements; BFSI & Fintech led sector share at 35.7%; median CTC rose +9.1% versus the prior year. The longer reading and numbered takeaways below unpack what that means for sector mix, recruiter depth, and how to read average versus median.
IIM Ranchi's MBA batch of 2022-24 saw 207 students opt into the placement process, drawing offers from 76 recruiters and 41 pre-placement offers. BFSI and Fintech was the leading sector at 35.7% of offers, more than triple the next largest single sector, IT and ITES, at 14.5%, followed by Manufacturing at 22.2% and FMCG at 11.6%. By function, Strategy and Consulting posted the highest average CTC among domains at Rs 22.97 lakh on a peak of Rs 34.91 lakh, drawing recruiters including Accenture ATCI, Aditya Birla Capital, Cognizant, DCM Shriram, Havells and Kotak Mahindra Bank; Finance recorded the batch's single highest offer at Rs 37.80 lakh. Across the full MBA batch, the median CTC was Rs 18 lakh and the average was Rs 18.69 lakh, with the top 10% of students averaging Rs 29.20 lakh. The parallel MBA-HR batch of 63 students drew offers from 33 recruiters including Aditya Birla Capital, D E Shaw, Deloitte USI, Ernst & Young and Mahindra Finance, with an average CTC of Rs 18.37 lakh and a median of Rs 18.22 lakh. IIM Ranchi's MBA in Business Analytics batch of 43 students placed through 28 recruiters including Accenture ATCI, Amazon, American Express, Axis Bank and JPMorgan Chase & Co., posting a highest CTC of Rs 34.91 lakh.
Key takeaways
Median CTC rose 9.1%
Median CTC rose from ₹16.50 LPA in the prior cycle to ₹18 LPA this year (+9.1%). That is a clear year-on-year shift for Indian Institute of Management, Ranchi aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
Average CTC rose 8%
Average CTC rose from ₹17.30 LPA in the prior cycle to ₹18.69 LPA this year (+8%). That is a clear year-on-year shift for Indian Institute of Management, Ranchi aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
Highest CTC fell 43.6%
Highest CTC fell from ₹67 LPA in the prior cycle to ₹37.80 LPA this year (−43.6%). That is a material move for Indian Institute of Management, Ranchi aspirants reading this report as a signal of typical outcomes, especially for median, which is less skewed by a handful of outlier offers than average or highest CTC.
BFSI & Fintech led the batch at 35.7%
BFSI & Fintech accounted for 35.7% of offers, the largest sector share in this 2024 report. The next sector, Manufacturing, sat at 22.2%, so the gap between first and second is 13.5 percentage points. If your target function sits outside this lead sector, treat the headline placement rate as a campus-wide figure rather than a guarantee for your preferred cohort.
Top two sectors took 58% of offers
BFSI & Fintech and Manufacturing together made up 57.9% of offers, a concentrated recruiter mix. IT & ITES was a distant third at 14.5%. Concentration is not automatically good or bad, but it does mean batch-level averages can mask thinner opportunity in secondary functions.
76 recruiters, led by Accenture ATCI
76 firms participated for 41 offers, about 0.5 offers per recruiter on average. Accenture ATCI topped the named list, followed by Aditya Birla Capital, Amazon, and American Express. Offer concentration among a few brand-name firms is common at top campuses; check whether your target employers actually appear in this list rather than assuming brand gravity alone.
Sector split
Hover a slice to view the percentage / count split
Top recruiters
Frequently asked questions
How did average CTC compare with the median in 2024?
Average CTC was ₹18.69 LPA and median was ₹18 LPA. The average sits above the median, so a smaller set of higher offers pulled the mean up relative to a typical package.
How does the highest CTC compare with the average in 2024?
The highest CTC was ₹37.80 LPA, about 2x the average of ₹18.69 LPA.
Which program does this 2024 report cover?
This page covers MBA, Batch 2022-24 at Indian Institute of Management, Ranchi.
Where do these placement figures come from?
Every number on this page is transcribed from Indian Institute of Management, Ranchi's own published materials. Open the source link under the title for the original document.
Notes
IIM Ranchi’s MBA batch of 2022-24 saw 207 students opt into the placement process, drawing offers from 76 recruiters and 41 pre-placement offers. BFSI and Fintech was the leading sector at 35.7% of offers, more than triple the next largest single sector, IT and ITES, at 14.5%, followed by Manufacturing at 22.2% and FMCG at 11.6%. By function, Strategy and Consulting posted the highest average CTC among domains at Rs 22.97 lakh on a peak of Rs 34.91 lakh, drawing recruiters including Accenture ATCI, Aditya Birla Capital, Cognizant, DCM Shriram, Havells and Kotak Mahindra Bank; Finance recorded the batch’s single highest offer at Rs 37.80 lakh. Across the full MBA batch, the median CTC was Rs 18 lakh and the average was Rs 18.69 lakh, with the top 10% of students averaging Rs 29.20 lakh. The parallel MBA-HR batch of 63 students drew offers from 33 recruiters including Aditya Birla Capital, D E Shaw, Deloitte USI, Ernst & Young and Mahindra Finance, with an average CTC of Rs 18.37 lakh and a median of Rs 18.22 lakh. IIM Ranchi’s MBA in Business Analytics batch of 43 students placed through 28 recruiters including Accenture ATCI, Amazon, American Express, Axis Bank and JPMorgan Chase & Co., posting a highest CTC of Rs 34.91 lakh.