IIM Ranchi has announced its final placement results for the 2024-25 academic year, which represent a significant achievement for the institute. The highest domestic salary package was ₹50.39 lakh per annum, a 33% increase from the previous year. This milestone shows the growing awareness of IIM Ranchi's academic excellence and industry importance.
The placement season attracted 96 unique companies that offered positions in the Symbol MBA, MBA-Human Resource (HR), and MBA-Business Analytics (BA) programs. Notably, 31% of the MBA cohort were women and 59% of the group of students consisted of recent graduates, underscoring the institute's dedication to diversity. The average annual package for the top 10% of students increased by 7.7%, while the top 25% experienced a 6.6% increase, indicating consistent growth across the board.
A notable increase was also observed in pre-placement offers (PPOs). PPOs were awarded to about 30% of MBA-HR students and 19.8% of MBA students, demonstrating the institute's solid industry ties and the success of its internship programs.
The top hiring industries were found to be Fintech and Banking, Financial Services, and Insurance (BFSI), with consulting, e-commerce, FMCG, IT, and manufacturing coming in second and third, respectively. PPOs in the sales and marketing sector increased by 28.6%, while companies hiring for strategy and consulting positions increased by an interesting 33.33%. Prominent recruiters included Amazon, American Express, Accenture, DE Shaw, Deloitte, GAIL, Vedanta, HSBC, McDonald’s, Titan, Infosys, and Wipro.
The institute's broad approach, which includes more than 24 electives like AI Strategy, Strategic HRM, Digital Marketing, and Design Thinking, is credited with this success, according to director Prof. This diverse curriculum equips students with the cross-functional skills required in today's dynamic business environment.
The placement results for 2024–2025 confirm IIM Ranchi's standing as a top business school committed to developing talent that satisfies changing industry demands.