Fees
Fees at Indian Institute of Management Ranchi for the Master of Business Administration [MBA] program amount to INR 17,50,000 to INR 17,90,000 for the entire two-year duration. This fee structure includes hostel accommodations but excludes mess charges, which are INR 27,000 per trimester, with an additional 5% GST applicable. A refundable caution deposit is set at INR 20,000, and there is also an alumni fee of INR 10,000.
The institution offers various scholarships, such as the Merit-cum-Means scholarship, which provides financial waivers. Financial assistance is available through bank loans without collateral, offering a maximum of INR 40 lakhs at subsidized interest rates.
About Integrated Programme in Management [IPM]
IIM Ranchi’s Integrated Programme in Management is a 5-year full-time residential programme leading to an MBA degree, with a BBA exit option after Year 3. Admission is solely through IPMAT, conducted by IIM Indore. The institute holds NIRF rank 18 in Management (2025). Total fee over 5 years is INR 39,60,250. The programme runs across 9 terms with a mandatory Social Internship Immersion Programme in Year 3.
📋 Admission Status: Admissions expected to open February 2027 (Tentative).
Key Points
- Dual exit: BBA after Year 3 or MBA after Year 5
- Mandatory Social Internship Immersion Programme in Term 5
- Minimum 4.5 CGPA required to progress from BBA to MBA phase
- Fully residential 9-term programme on IIM Ranchi campus
IIM Ranchi IPM Fees 2027
| Component | Amount (INR) |
|---|---|
| Year 1 (Tuition + Other Charges) | INR 7,00,050 |
| Year 2 (Tuition + Other Charges) | INR 6,55,050 |
| Year 3 (Tuition + Other Charges) | INR 6,55,050 |
| Year 4 (Tuition + Other Charges) | INR 9,20,050 |
| Year 5 (Tuition + Other Charges) | INR 10,30,050 |
| Total Fees (5 Years) | INR 39,60,250 |
- Fee structure is based on the 2025-30 batch and the 2027 batch fees may vary.
- Other charges include student welfare fund, library fee, and IT infrastructure fee.
- Hostel and mess expenses are charged separately and are not included in the above fee.
- A caution deposit and alumni fee are payable separately at admission.
IIM Ranchi IPM Admission 2027
| Event | Date |
|---|---|
| IPMAT Registration Opens | Feb 6, 2027 (Tentative) |
| IPMAT Registration Closes | Apr 6, 2027 (Tentative) |
| IPMAT Admit Card Release | May 1, 2027 (Tentative) |
| IPMAT Exam Date | May 4, 2027 (Tentative) |
| IPMAT Answer Key Release | May 11, 2027 (Tentative) |
| IPMAT Result Declaration | Jul 11, 2027 (Tentative) |
| Class Commencement | July 2027 (Tentative) |
- IPMAT is conducted by IIM Indore and scores are used by IIM Ranchi for shortlisting.
- Shortlisted candidates appear for WAT and PI conducted by IIM Ranchi after IPMAT results.
- IIM Ranchi applies its own merit formula combining IPMAT score, WAT, and PI for final selection.
The dates mentioned above are tentative and subject to change.
Eligibility Criteria
- Passed Class 10 and Class 12 from a recognized board with minimum 60% aggregate marks
- Minimum 55% aggregate for SC, ST, and PwD candidates
- Valid IPMAT score from the current admission cycle is mandatory
- No specific age limit is prescribed for IPM admission at IIM Ranchi
Admission Process
- Register for IPMAT on the official IPMAT portal managed by IIM Indore
- Appear for the IPMAT examination on the scheduled date
- Apply separately to IIM Ranchi IPM through its official admission portal using IPMAT scores
- Shortlisted candidates are called for Writing Ability Test and Personal Interview at IIM Ranchi
- Final merit list is prepared by IIM Ranchi based on IPMAT score, WAT, and PI performance
- Receive offer letter, pay fees, and complete documentation to secure admission
- Report to the IIM Ranchi campus for orientation and commence classes in July
✓ Opt for this if
- Class 12 students aiming for IIM admission without a CAT score
- Those preferring a structured 5-year IIM residential experience
- Students who want an early start in management education post-school
- Candidates open to the dual BBA plus MBA progression pathway
- Applicants comfortable with a fully residential campus life for 5 years
✗ Skip if
- Graduates preferring to enter an MBA directly via CAT
- Students who want flexibility to change fields after undergraduate studies
- Those unable to commit to 5 years of residential campus programme
- Candidates targeting older, higher-ranked IIMs like IIM Ahmedabad or Bangalore
IIM Ranchi IPM Scholarships 2027
| Scholarship | Amount | Eligibility |
|---|---|---|
| IIM Ranchi Merit-cum-Means Scholarship | Part of INR 1 Crore annual pool | Academically meritorious students with demonstrated financial need |
| SC/ST Fee Concession | As per government norms | SC and ST category students admitted through the reservation process |
- IIM Ranchi offers 25 scholarships annually across IPM, MBA, MBA-HR, and MBA-BA programs.
- Scholarship applications are accepted after admission confirmation through the IIM Ranchi financial aid office.
According to an external review site Ranking 2025, IIM Ranchi ranks 39 out of 372 colleges in India and 2nd in state Jharkhand for its IPM program.
- 18 out of 125 under NIRF Management Ranking 2025.
- 6 out of 25 under Outlook Management Ranking 2026.
- 20 out of 100 under IIRF Management Ranking 2025.
Read more on IIM Ranchi Rankings here
IIM Ranchi IPM FAQs
Ques. What degree does a student receive on completing IIM Ranchi IPM?
Ans. Students who complete all 5 years of the Integrated Programme in Management at IIM Ranchi are awarded an MBA degree. Students who meet academic requirements and choose to exit after 3 years receive a BBA degree. Both degrees are awarded by IIM Ranchi, an institution of national importance established under an Act of Parliament, and carry significant recognition in the management education space.
Ques. Which entrance exam is required for IIM Ranchi IPM admission?
Ans. IIM Ranchi accepts only IPMAT scores for IPM admission. IPMAT is conducted by IIM Indore and tests candidates on quantitative aptitude, verbal ability, and logical reasoning. After IPMAT results, IIM Ranchi shortlists candidates for a Writing Ability Test and Personal Interview conducted at its Ranchi campus. The final merit list combines IPMAT score with WAT and PI performance using a prescribed weightage formula.
Ques. What is the Social Internship Immersion Programme in IIM Ranchi IPM?
Ans. The Social Internship Immersion Programme (SIIP) is a mandatory component completed after Term 5 in the IPM. Students work with NGOs, rural development projects, or social enterprises for a defined period to develop empathy, social responsibility, and ground-level organizational understanding. SIIP distinguishes IIM Ranchi IPM from standard BBA or MBA offerings at other institutions and is a core feature of the curriculum design.
Ques. What is the minimum CGPA required to continue to the MBA phase of IIM Ranchi IPM?
Ans. IPM students must maintain a minimum CGPA of 4.5 at the end of Year 3 to progress to the MBA phase in Years 4 and 5. Students who do not meet this threshold may exit with a BBA degree, provided they fulfill all other BBA program requirements. This standard ensures only academically strong students continue into the intensive MBA curriculum of the integrated program.
Ques. Can IIM Ranchi IPM graduates appear for IIM placements?
Ans. Yes, students who complete all 5 years of IIM Ranchi IPM and receive the MBA degree participate in IIM Ranchi final placements along with the regular MBA batch. They have access to the same recruiters, placement process, and career services. Lateral placements and internship opportunities through the IIM Ranchi placement office are also available to IPM students during the summer internship term.
Ques. Is IIM Ranchi IPM suitable for students directly after Class 12?
Ans. Yes, IIM Ranchi IPM is designed specifically for Class 12 students who wish to begin management education immediately after school. The programme provides a structured 5-year curriculum that builds foundational skills in the first 3 years and advanced management subjects in the final 2 years. Students eligible for IPMAT 2027 must have passed Class 12 with at least 60% aggregate marks from a recognized board.