IIM Ranchi bags colossal placement offers; Highest goes up to 59.37 Lakhs. Read for details

The most prominent brand among the B-Schools, IIMs, displayed an exponential increase from the previous year’s Placement Trends. Nearly all IIMs recorded 100% Placement offers this year with new and more recruiters participating and students receiving more offers than the average batch size. Coming to the Indian Institute of Management Ranchi (IIM Ranchi) Having completed its placement season for the academic year 2018-2020, it released the final placement record on Saturday.

Prof. Shailendra Singh, Honourable Director, IIM Ranchi, said, “Having completed its 10 years of contribution and excellence in the field of managerial Education and getting such decent placement offers being provided by top National as well as International companies is a matter of pride and great enthusiasm for the institute.

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Also, About 71 students were able to grab jobs in the early placement season, in their first chance itself from MBA Programme. Out of 248 students in the academic year 2018-20, 181 were MBA & 67 were MBA HR. More than 120 top companies, national as well as international, visited the campus for hiring aspirants in the fields of- Sales & Marketing, Finance, Operations & General Management, IT & Analytics, Strategy and consulting, and Human Resource Management.

As per the information from the placement cell to our team, The highest package from the Indian company was Rs. 22.37 lakhs and that from an International company were Rs. 59.37 lakhs. Also, the lowest package was also decent of being Rs.14.82 lakhs.

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Continuing its legacy, This year also, The international placement salary of MBA of IIM Ranchi was Rs.59.37 lakhs per annum, and the average package that was also decent was Rs. 15.11 lakhs per annum. The average pay for an MBA-HR Batch was Rs. 14.55 lakh per annum, the highest package being Rs.26.50 LPA.

Most job offers were in the sales-marketing sector (41%), followed by Finance (19%), Operations & General Management(16%), IT & Analytics (15%) and Strategy and consulting (9%).

All the credits for having such an excellent placement record goes to teaching skills, evaluation techniques, and getting students prepared through social, behavioral, and personality-building education apart from academics. This teaching methodology has helped students very well and has helped our institution to find its place among the top 13 IIMs,” said Prof. Shailendra Singh, Honourable Director, IIM Ranchi.

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Now coming to the Top industries who visited this institute were:- Accenture, Amazon, Anand Rathi Wealth Services, Bosch, Capgemini, Cognizant, Deloitte, DS Group, Emami, Flipkart, Gail, ICICI Group Organization, IBM, HP, JP Morgan.

Also, some major companies like Chase, L&T, Maruti Suzuki, RPG, Rights, Samsung R&D, Tata Steel, UltraTech, Value Labs were involved in making this year’s placements a success.

Also, many new companies came, thereby adding more offers and making this institution great. Among them were:- Asian Paints, CK Birla Group, Emami Agrotech, HCL, Hero MotoCorp, HSBC, Indigo Paints, Kotak Mahindra Bank, Mahindra & Mahindra.

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