Indian Institute of Management (IIM) Ranchi has released the final placement reports of the 2024-25 year. The placement season this year came with some good news for all MBA, MBA-HR, and MBA-Business Analytics course students with increased companies engaging, improved salary packages, and increased pre-placement offers.
Record-Breaking Highest Salary Offered
The highest annual package this year has been Rs. 50.39 lakh, up by 33% from the previous year. This was offered to an MBA student.
Rise in Pre-Placement Offers (PPOs)
There was a huge surge in PPOs, i.e., offers offered to students prior to the final placement process. Almost 30% of MBA-HR students and 19.8% of MBA students were offered PPOs. It is indicative of the fact that students impressed the companies during internships and were offered jobs in advance.
96 Companies Participated in Recruiting
96 companies participated in the placement process. The companies placed students from all three flagship courses:
- MBA
- MBA in Human Resources (MBA-HR)
- MBA in Business Analytics
Placement Statistics: Women and Freshers Have Healthy Representation
Out of the total students placed, 59% were freshers and 31% were women. This indicates the diversity and preparedness of the batch.
Higher Average Salary Offered to Top Students
The top 10% students who secured the highest paying jobs were offered an average salary 7.7% more than previous year.
The highest paid 25% students also got a 6.6% hike in average salary.
Leading Sectors That Hired Maximum Students
Companies from various sectors came to recruit the students. BFSI and Fintech sectors hired maximum students. Other sectors that hired maximum students include:
- Consulting
- E-commerce
- FMCG
- IT and Software
- Manufacturing
Strategy and Consulting firms saw a growth of 33.33%, and Sales and Marketing PPOs saw a growth of 28.6%.
Top Recruiters This Year
Some of the most high-profile companies that recruited from IIM Ranchi this year were:
Students Trained for Real-World Jobs
IIM Ranchi practiced practical and adaptive learning. Students were given the opportunity to learn more than 24 electives across various subjects, including: Artificial Intelligence Strategy, Strategic HR Management, Digital Marketing, Design Thinking.
This prepared them for many careers including:
- Technology Strategy Consultant
- Business Analyst
- Risk Manager
- Marketing Research Manager
Leadership Attributes Success to Curriculum and Industry Connect
IIM Ranchi Director Professor Deepak Kumar Srivastava said that “the institute possesses a contemporary and adaptable curriculum and more interactions with companies for its outstanding placement success”. The institute's strategy of educating students from various fields, he added, provides them with a competitive advantage in the employment market.
