Students with a commerce background always have a dream of studying at an IIM. IIMs is the dream institute for any candidate aspiring for management courses. However, many students choose to have admission in these IIMs after any under graduation course. But many students try to go for the IPM at IIM Ranchi or any other IIM institution.
Integrated Programme of Management (IPM) is a five-year combined course of BBA and MBA. In this programme, a candidate will complete his/her graduation and post-graduation with a single course. Not every IIM today is offering an IPM course. Recently, IIM Ranchi becomes another IIM institute that is offering IPM courses to the candidates.
IIM Ranchi is indeed new to this course offering, but, the education level & course curriculum is similar to other IIMs members offering the same course. However, many students are still in dilemma about this course from IIM Ranchi. With this article, we have covered all the details of the IPM at IIM Ranchi.
About IIM Ranchi
IIM Ranchi is the ninth institute in the IIM family. It was established in 2009 with the help of the Government of India and IIM Calcutta. It was ranked 25th for the MBA course by Outlook 2020. The campus size of this institute is 90.14 acres. It offers 14 courses in PG and Doctoral categories. However, in 2021, this institute had launched the IPM course for aspiring candidates.
The Entrance exams that are considered by this institute for admission to various courses include SAT, IPMAT, CAT, NET-JRF, GATE, and GMAT. The highest salary package at this institute is INR 26 lakhs per annum.
IIM Ranchi | IPM Eligibility Criteria
The Eligibility criteria for the admission to IPM course is as follows:
- Candidates must have cleared 10th and 12th education from a recognized board or institution.
- Candidates must have scored a minimum 60% aggregate. However, 55% in the case of SC, ST, and PwD candidates.
- No age limit for being eligible for this course.
- A citizen of India is eligible for applying to this course.
- Foreign citizens without a PIO/OCI card are not eligible to apply to this course.
A candidate should fulfill all the above-mentioned criteria for being eligible for admission to the IPM Ranchi course.
IPM at IIM Ranchi Admission Process
The admission process of the IIM Ranchi IPM is similar to any other IIM institute. The admission process for this course is as follows:
- It starts with the completely online application process. A candidate has to visit the IIM Ranchi official website to fill the IPM course form.
- The application fee for the IPM at IIM Ranchi is INR 2000 while INR 1000 for the reserved category.
- A candidate has to clear SAT or IPMAT exam for being eligible for this course.
- After which the shortlisted candidates have to appear for the WAT and PI round.
- Candidates who are shortlisted at every round get the call letter from the IPM IIM Ranchi for a further round of selection.
Seats & Fees of IPM at IIM Ranchi
For the batch of the IPM 2021-26, there is a total of 120 seats offered at IIM Ranchi. However, the reservation of the seats is applicable as per the Government of India directives for the eligible candidates.
The IIM Ranchi IPM fees are INR 14 lakhs for the first three years. However, the fees for the next two years are similar to that of the MBA programme of the present academic year.
The placement details for the IPM IIM Ranchi are not available. It is so because IIM Ranchi has released this course for the first time in 2021. But, the details for the placement opportunities of the MBA course are as follows:
- The highest CTC for the MBA course for the year 2021 is INR 26.50 lakhs per annum.
- The average CTC for the MBA course for the year 2021 is INR 14.69 lakhs per annum.
The companies that become part of the recruitment drive for the MBA course are as follows:
- Capgemini, Infosys, DELL Technologies, Mahindra & Mahindra, Vedanta, Accenture, Deloitte, and more.
Campus & Infrastructure Facilities
The infrastructure facilities at IIM Ranchi are good and it includes the following infrastructure facilities:
- Hostel, Library, Cafeteria, Gym, Shutter service, Computer Lab, Classrooms, Wi-Fi, Auditorium, and Hospital/ Medical facilities.
The infrastructure facilities are satisfying enough for the candidates. As per the students’ review, it is observed that classrooms infrastructure is not up to the mark but the hostel facilities are very good. Therefore, overall this institute has a good facility for the candidates.
IPM course is an integrated programme that can provide a better career path to any candidate. Many IIM members are offering this course, and IIM Ranchi is another addition to this list. The opportunities at this institute are good. However, this course is indeed very new to this institute.
But, looking at the placement trend of MBA courses, we can say that the placements for the IPM at IIM Ranchi will be good enough for any candidate. Therefore, this institute is recommended for the IPM course admissions.
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