IIM Ranchi highest CTC 59.26 Lakhs

IIM Ranchi highest CTC 59.26 Lakhs

IIM Ranchi campusIIM Ranchi recently completed is final placement process of MBA batch 2018-2020. A total of 248 students participated in IIM Ranchi placement session which witnessed 92 first time recruiters. Over 100 companies had participated in the placement process and highest CTC offer of Rs 22.37 lakh per annum (MBA). This year, international offer was made of Rs 59.36 lakh per annum (MBA).

To the MBA batch of 2018-2020 over 94 companies made 181 offers to the students . Function-wise maximum offers were made in Sales & Marketing (41%) followed by Finance (19%), Operations (16%) IT & Analytics (15 %) and Strategy & Consulting (9 %).

In MBA, top profiles included Campaign Manager, Territory Sales Manager, Agile Sales, Brand Manager, B2B Sales, Business Strategist, Strategic Advisory, IT Consulting, Management Consulting, Account Management, Asset Management, Corporate Banking, Wealth Management, Investment Analyst, Retail Banking, Supply Chain Management, Customer Success Manager, Project Management, Strategic Sourcing & Procurement, Operations Management.

Top companies which hired MBA graduates are Amazon, Kotak, Maruti Suzuki, Godrej, FSS, Trendence, IDFC, Infosys, RPG, Muthoot, Emami, TVS, ACC, KPMG, Cognizant, Siemens, ICICI Bank, Deloitte, Tata Motors, Tata Steel, Vedanta, Capgemini, HSBC, IBM, Yes Bank, RBL Bank, Tech Mahindra, ICICI Prudential, BiralSoft, JP Morgan Chase and Jindal Steel & Power among others.

MBA Highlights

Domain Highest CTC Average CTC
Sales & Marketing Rs 59.37 LPA Rs 15.01 LPA
IT & Analytics Rs 16.21 LPA Rs 13.11 LPA
Finance Rs 20.37 LPA Rs 16.03 LPA
Operations Rs 20.37 LPA Rs 15.57 LPA
Strategy & Consulting Rs 22.37 LPA Rs 16.36 LPA


IIM Ranchi Placements 2020: MBA HR

The MBA HR batch of IIM Ranchi were offered jobs by 42 companies with 21 of them being first time recruiters. The highest CTC offered to MBA HR student stood at Rs 26.50 lakh per annum while the average CTC offer stood at Rs 14.55 lakh per annum. Top profiles included Compensation & Benefits, HR Analytics, HR Business Partner, HR Consultant, HR Operations, Industrial Relations, Learning & Development, Performance Management and Talent Acquisition.


IIM Ranchi Placements 2020 vs 2019 vs 2018

IIM Ranchi witness a dip in salary figures in 2019 from 2018. Highest CTC fell from Rs 30 lakh per annum in 2018 to Rs 21 lakh per annum in 2019. Similarly, the average CTC offered in 2019 was lower than 2018. The institute however, has made a recovery in 2020 placement. Check the table below for salary data (MBA) of last three years.

Features 2020 2019 2018
Highest International CTC Rs 59.36 LPA Rs 58 LPA Rs 57 LPA
Highest Domestic CTC Rs 22.37 LPA Rs 21 LPA Rs 30 LPA
Average CTC Rs 15.11 LPA Rs 14.52 LPA Rs 15.09 LPA
Median CTC Rs 14.82 LPA Rs 13.57 LPA Rs 14.75 LPA
Top 25% CTC Rs 18.54 LPA Rs 15.60 LPA




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