IIM Ranchi IPM: Fees, Placements, Admission Process, and Course Structure
The IIM Ranchi IPM (Integrated Programme in Management) is a very prestigious and complete five-year dual degree course that is rewarded with the degree of a BBA + MBA from one of the most reputable management institutes in India. This new program, introduced in 2021, is carefully crafted to provide an experience of learning that is truly multidisciplinary. It is an interdisciplinary study that incorporates a wide range of subjects, such as humanities, social sciences, and core management studies, with the sole aim of providing the students with the necessary knowledge, skills, and vision they need to hold significant leadership positions in the dynamic and constantly changing international business landscape.
Quick Overview
- Program Overview
- Course Structure
- Internship
- International Exchange
- Why Choose IPM at IIM Ranchi?
- Selection Process
- FAQs
Program Overview
| Degree Awarded | Bachelor of Business Administration (BBA) + Master of Business Administration (MBA) |
|---|---|
| Seats | 60 |
| Duration | 5 Years (Exit Option after 3rd Year) |
| Approx Annual Fees | ₹6,15,000 |
| Average Placement | ₹19.29 LPA |
| Launch Year | 2021 |
The IIM Ranchi IPM program combines academic rigor with practical exposure. After successfully completing the first three years, students are offered direct entry into IIM Ranchi’s flagship MBA program.
IIM Ranchi IPM: Course Structure
The IPM curriculum at IIM Ranchi spans nine terms over three years, followed by the regular MBA curriculum in the fourth and fifth years. Students must maintain a minimum CGPA of 4.5 to progress to the MBA stage.
- Three years of foundational learning with a capstone assessment at the end of the third year.
- Core subjects include Economics, Psychology, Mathematics, Sociology, and Business Communication.
- The final two years follow IIM Ranchi’s regular MBA program with electives, internships, and projects.
Read More: IPMAT Syllabus
IIM Ranchi IPM Internship
- At IIM Ranchi, after the fifth term, there is the Social Internship Immersion Programme (SIIP) that focuses on community and social responsibility. Also, students have to undergo an 8-week corporate internship in Years 4-5, which exposes them to real business life. IIM Ranchi lays a lot of emphasis on practical experience and social responsibility in the form of its compulsory internship programs.
- After the fifth term, students must enroll on the Social Internship Immersion Programme (SIIP). This program will help create community awareness and make the future leaders socially responsible.
- In addition to the SIIP, students complete a compulsory 8-week corporate internship between their fourth and fifth years.
- The corporate internship gives the students a priceless business experience that enables them to test their theoretical knowledge in such a workplace to help them acquire practical skills that are essential in their careers. Both internships are part of the curriculum at IIM Ranchi, making the experience both holistic and comprehensive regarding the proper academic and practical learning and the level of social awareness.
IIM Ranchi IPM: International Student Exchange
The IIM Ranchi IPM offers students the opportunity to study abroad for a term-based program under its international student exchange program. The institute has partnerships with well-renowned international universities that enrich the students’ academic and cultural experience.
Why Choose IPM at IIM Ranchi?
- This is a distinctive and well-rounded program that incorporates humanities, arts and management learning and education.
- Students will enjoy the smooth flow of their studies to an MBA program without having to sit for the additional entrance examination.
- The program has stringent evaluation practices that guarantee the quality and excellence of students academically.
- It also offers a complete campus immersion experience, including residential learning, which fosters a sense of community and commitment.
- Scholarship opportunities are offered to help needy students get higher education.
- Curriculum also has strong industry mentorship, corporate relationships, and extensive placement support to improve career opportunities.
- Enriching exchange programs expose students to international experience, giving them a global outlook.
Read More: IPMAT Exam Pattern
IIM Ranchi IPM Placement Highlights
IIM Ranchi IPM Placement Highlights (2024/25)
| Placement Category | Details |
|---|---|
| Average Package (2024/25) | ₹19.29 LPA |
| Highest Package (2024/25) | ₹50.39 LPA |
IIM Ranchi IPM Selection Process
The IIM Ranchi IPM selection process is based on the IPMAT Indore scores, followed by a Personal Interview and academic evaluation.
Weightage Distribution:
| Component | Weightage |
|---|---|
| Admission Test Score | 65% |
| Personal Interview | 15% |
| Academic Profile | 20% |
| Total Composite Score | 100% |
| Gender Diversity (Bonus Points) | 5 Marks added to Composite Score |
Read More: How to crack IPMAT Personal Interview?
Exam Pattern:
| Section | Questions | Marks | Time Limit |
|---|---|---|---|
| Quantitative Ability (SA) | 15 | 60 | 40 mins |
| Quantitative Ability (MCQ) | 30 | 120 | 40 mins |
| Verbal Ability | 45 | 180 | 40 mins |
Scoring: +4 for each correct answer | -1 for each wrong answer | Fixed section order with time limits
FAQs about IIM Ranchi IPM
What is IIM Ranchi IPM?
IIM Ranchi IPM is a 5-year integrated program that combines undergraduate (BBA) and postgraduate (MBA) studies for students after class 12th.
What is the IIM Ranchi IPM fee structure?
The approximate annual fee for the IIM Ranchi IPM program is ₹6.15 lakhs.
What are the IIM Ranchi IPM placements like?
The average placement stands at ₹19.29 LPA, while the highest package reaches ₹50.39 LPA.
How can I get admission into IIM Ranchi IPM?
Admission is based on IPMAT scores, academic performance, and a personal interview round.
Does IIM Ranchi offer international exposure in IPM?
Yes, IIM Ranchi offers an international student exchange program allowing students to spend a term abroad.
What makes IIM Ranchi IPM different from other IIMs?
Its unique blend of liberal arts and management courses, direct MBA progression, and focus on holistic development make it stand out.
