IIM Ranchi Admission 2019: Eligibility, Criteria, Process, Cut-off, Fees

IIM Ranchi Admission 2019
Saturday, October 06 2018, 08:41 AM
IIM Ranchi admission criteria for PGDM 2019-21 prescribe very high CAT 2018 cut offs at 95 percentile which is higher than the cut off prescribed by IIM Ahmedabad, Bangalore, Calcutta and others. IIM Ranchi Admission Criteria award equal weight to CAT 2018 score, Profile and PI performance in final admission process. IIM Ranchi may change CAT cut off after the meeting of IIMs’ Directors.

IIM Ranchi admission criteria 2019 with CAT cut offs and weightages for the flagship PGDM 2019-21 batch prescribe a high CAT 2018 cut offs at 95 percentile. The cut offs are higher than the cut off prescribed by IIM Ahmedabad, Bangalore, Calcutta, Lucknow and the other IIMs who will be participating in Common Admission Process (CAP) 2019 for final admission. Besides, IIM Ranchi Admission Criteria award equal weight to CAT 2018 score, Profile and PI performance to prepare final merit list for admission. However, IIM Ranchi has kept its option open to change CAT cut off after the meeting of CAP participating IIMs’ Directors.

The PGDM 2019-21 batch at IIM Ranchi has an intake of 120 students. IIM Ranchi also offers PGDHRM programme, although the intake to PGDHRM is 65 students. The 2019-21 batch may have higher number of students than are in current batch. The admission process for both the programmes is based on CAT 2018 score, shortlist for Personal Appearance (PA), conduct of common PI & WAT round for participating IIMs and final admission offer.

IIM Ranchi awards high importance to CAT 2018 score in shortlisting the candidates for PI-WAT round while the final merit list will be prepared with a weightage of 30% to CAT 2018 exam score. The recently announced details of IIM Ranchi Admission Criteria 2019-21 prescribe the admission eligibility, CAT 2018 cut off and Weightage for CAT score in Personal Interview (PI) around. At the same time it has high weightage to profile to 30% in arriving at the final merit list after PI round.

No Separate Application Fee
IIM Ranchi application fee is Rs.1900/- and the admission application fee is included in the CAT 2018 Registration fee. Candidates applying for CAT 2018 till September 26, 2018 could exercise their option to be considered by IIM Ranchi for admission in the programme column of the CAT 2018 application form without paying any separate fee. Last date to apply for CAT 2018 and to IIM Ranchi was September 26, 2018.

IIM Ranchi Awards PGDM Not MBA
After implementation of IIM Act 2017, many IIMs like IIM Udaipur, IIM Bangalore have announced to award MBA degree instead of diploma. However, IIM Ranchi continues with the award of PGDM to its PGP 2019-21 batch. The two-year Post-graduate Diploma in Management (PGDM) at IIM Ranchi is a full-time residential course for graduates from all disciplines who wish to choose a career in management.

IIM Ranchi Admission Criteria
IIM Ranchi Admission Criteria 2019-21 will be a three step process. The three-stages of selection criteria are:

  1. Eligibility criteria
  2. Shortlisting Criteria for Personal Interview (PI) Round
  3. Final Admission Selection criteria

IIM Ranchi Admission Eligibility

  1. IIM  Ranchi Eligibility criteria require that the candidate must hold a bachelor's degree of minimum 3 years duration after class 12, with at least 50% marks or equivalent CGPA (in case of the candidate belonging to SC/ST/PwD category, the eligibility criterion is relaxed to 45%
  2. One of the most important points in IIM Ranchi Admission Eligibility criteria is that apart from a recognized graduate degree, the candidate should appear in CAT 2018 exam and must score minimum prescribed sectional and overall score to be considered for shortlisting
  3. If the candidate is awarded grades/CGPA instead of marks, the equivalence to determine PGP admission eligibility would be based on the equivalence certified by the institution/university from where the bachelor's degree is obtained. In case the institution/university does not have any scheme for converting the CGPA into equivalent marks, the equivalence would be established by IIM Ranchi by dividing the obtained CGPA by the maximum possible CGPA and multiplying the resultant by 100 to confirm the Admission eligibility of the candidate. 
  4. A candidate appearing for the final year bachelor's degree/equivalent qualification examination and those who have completed the degree requirements and are awaiting results is also eligible to apply for IIM Ranchi Admission 2019-21. Such a candidate must produce a certificate from the principal/head of the department/ registrar/director of the institution/university certifying that the candidate is currently in the final year or is awaiting final results and has obtained at least 50% marks or equivalent (45% in case of the candidate belonging to SC/ST/PwD category) based on latest available grades/marks.
  5. IIM Ranchi Eligibility further clarifies that such a candidate, if selected, will not be eligible for the IIM Ranchi admission unless he/she submits a certificate latest by June 30, 2019 from the principal/head of the department/registrar/director of the institution/university (issued on or before June 30, 2019) stating that they have completed all the requirements (the result may, however, be awaited) for obtaining the bachelor's degree/equivalent qualification on the date of issue of the certificate.
  6. It is mandatory for a final year student, who is provisionally considered eligible by IIM Ranchi and offered admission, to submit the mark-sheet and degree certificate of the final year bachelor's degree examination held on or before June 30, 2019.  The deadline to submit the mark-sheet and the certificate is December 31, 2019. 

IIM Ranchi Shortlisting Criteria
The second part of IIM  Ranchi Admission criteria is the shortlisting criteria before Personal Interview Round. IIM Ranchi will shortlist the candidates on the basis of performance in CAT 2018 exam for final selection round and will declare the shortlist in the second week of February 2019. The shortlisting criteria points in detail are as under:

  • The shortlisting for final selection round in IIM Ranchi Admission Criteria awards 100% weight to CAT 2018 score.
  • The candidate must have scored minimum sectional percentile of 80 in each of the three sections of CAT 2018 – Quantitative Aptitude' (QA), ‘Data Interpretation & Logical Reasoning' (DILR) and ‘Verbal and Reading Comprehension' (VRC)
  • A candidate must have scored minimum overall percentile of 95 in CAT 2018
  • If the candidate does not score minimum prescribed percentile in CAT 2018, he/she will not be considered for shortlisting for final selection stage.
  • IIM Ranchi Admission Committee will decide the number of candidates who would be shortlisted for PI round on the basis of criteria prepared for each category
  • All the Candidates shortlisted for PI process will have to attend both WAT and PI which will be a common process for all the participating IIMs

IIM Ranchi Admission Cut Off  
IIM Ranchi Cutoff 2019 is higher than many other IIMs. Only the candidates above the minimum cut-offs in the CAT 2018 sectional percentile ranks, the overall percentile rank and obtaining a positive (greater than zero) raw score in all sections of CAT-2018 will be considered for shortlisting for all the subsequent stages:

Category
 Section-1  VARC
 Section-2 DILR
 Section-3 Quant
Overall CAT 2018 Percentile
General
80
80
 80
95
NC-OBC
60
60
60
78
SC
50
50
50
60
ST
30
30
30
40
DAP
30
30
30
40

Final Admission Selection Round Criteria

  • All the shortlisted candidates are eligible to participate in Personal Interview (PI) round for admission to IIM Ranchi
  • Final Selection Round for IIM Ranchi Admission consists of Personal Interview (PI) and Writing Ability Test (WAT)
  • The final selection round for IIM Ranchi Admission will be common for the IIMs who are participating in the Common Admission Process (CAP) 2019. IIM Ranchi is coordinating CAP 2019.
  • The WAT and PI process would be conducted at five different centres, namely Bangalore, Chennai, Kolkata, Mumbai and New Delhi
  • The scores obtained by the candidate in WAT & PI of CAP 2019 would be considered for preparing the merit list
  • IIM Ranchi selection criteria after final admission round award 30% weight to CAT 2018  Score; 30% weight to Personal Interview(PI); 10% weight to Writing Ability Test (WAT); 30% Weight to profile.
  • Candidates who do not obtain certain minimum scores in the WAT & PI will not be considered for the merit list. The minimum scores will be decided by IIM Ranchi at its discretion.
  • After the completion of the WAT and PI process, admission offers would be made on the basis of a merit list. This Consolidated Merit List (CML) would be prepared on the basis of CAT score, Profile, PI and WAT as per corresponding weights assigned to them

IIM Ranchi Final Selection Criteria Weights for Admission 2019-21

Component
Weightage Percentage
Remarks
CAT 2018 Score
  30
CAT Score to be used and not the CAT Percentile
Personal Interview (PI)
  30
Min 15 out 50 marks with 30% weight required together in WAT & PI
Written Ability Test (WAT)
  10
Obtained score used in Final Merit List
Profile
  30
Includes Wt for Academics, Work Ex, Diversity
Total
100
Calculated as Consolidated Merit Score

Profile: Components & Weightage
The components included in profile with a weight of 30% in final selection round are as under:

Profile Component
Weightage marks out of 30
Weightage parameter
Academic Profile
15
5 marks each if scored 85%+ in Class X, XII & Graduation
Work Experience
  5
Maximum weightage for work experience between 25-30 months
Academic Diversity
  5
5 Marks for Non-Engineering Graduates
Gender Diversity
  5
5 Marks to female & transgender, no marks to male

IIM Ranchi Admission Process
Following steps are included in the IIM Ranchi Admission process:

  • Step 1: The candidate must have appeared and scored the minimum required sectional and overall percentile in CAT 2018 to be considered for Shortlisting process for admission at IIM Ranchi. Category wise short-lists of the candidates are prepared for Personal Interview (PI) and Written Ability Test (WAT) from among the candidates who have a valid CAT-2018 score, who have applied to the programme and who satisfy the eligibility criteria for the programme of IIM Ranchi.
  • Step 2: Shortlisted Candidates have to attend Common Admission Process (CAP) 2019 for the participating IIMs. CAP 2019 will consist of  both PI & WAT round in final selection process. Candidates not meeting the minimum performance in PI & WAT will not be considered for the final selection.
  • Step 3: After the WAT & PI round, admission offers are made by IIM Ranchi to successful candidates. The final selection is based on Consolidated Merit List (CML) which is arrived at with diverse set of attributes including performance in CAT, performance in WAT & PI, academics, work experience, diversity among others. Category wise merit list will be generated based on weightages awarded to various components.  
  • Step 4: Final Admission Offer will be made to the candidates in the last week of April 2019 on the basis of Final Merit Score and will be available on IIM Ranchi website. 
  • Step 5: Candidates receiving admission offer from IIM Ranchi will need to send the acceptance within the stipulated date along with an Offer Acceptance amount of Rs.100,000/-.

IIM Ranchi Fees

  • The total programme fees payable by PGDM and PGDHRM students of Resident Indian Category at IIM Ranchi is Rs 15,10,000/-.
  • The fee includes academic fee, Hostel accommodation, Mess charges, access to lectures, computer facilities, library etc. It also includes alumni fee 
  • Laptop computer, text books, Insurance, personal expenses on  travel, clothes and laundry are extra.
  • The total programme fees for the 2019-2021 batch may increase further

IIM Ranchi Intake: PGDM 2019-21
IIM Ranchi PGDM 2019-21 batch size is 120 students. There are 65 students in PGDHRM batch. The batch size may go up in 2019.

IIM Ranchi Placements
IIM Ranchi has a consistent record of high placements. International package at IIM Ranchi in placement 2018 has gone as high as Rs.57 lakhs for second consecutive year busting the myth of economic slowdown with a rising trend in highest, average and median salary packages in Placement 2018. 16 companies offered Pre-Placement Offers to 27 students.  

For three years in a row IIM Ranchi has maintained its upward trend in placements. Final placement 2018 report of IIM Ranchi has shared that it completed its final placement for the large batch of 185 students in record time and at higher salaries offered to them. 102 companies that visited IIM Ranchi for campus Placement 2018 included 64 new recruiters.

Highest & Average Salary for PGDM 2016-18 batch
A comparative analysis of Placement packages for PGDM over the last 3 years is detailed below: (Rs.in lakhs)

Placement year
Highest salary (International)
Highest Salary (Domestic)
Average salary
Average salary domestic
2018
57
30
16.07
15.09
2017
57
26
15.24
14.86
2016
55.23
25.5
15.14
14.80

PGDHRM 2016-18
IIM Ranchi is the only IIM to offer a specialized 2-year course in Human Resource Management (PGDHRM). The course structure is designed by the NHRDN and is continuously updated with the help of top academicians and industry experts.

The batch of 2016-18 witnessed a substantial rise in average salary in PGDHRM Placement 2018 at IIM Ranchi. Students who participated in placement 2018 made their worth felt in the industry by bagging top offers from some of the biggest names in the country. 52 companies visited the campus to roll out offers to the HR students. Average salary for PGDHRM 2016-18 batch has increased to Rs. 14.67 lakhs from Rs. 13.78 lakhs last year. The highest salary stood at Rs. 21 lakhs as against Rs.19 lakhs last year.

Highest & Average Salary for PGDHRM
A comparative analysis of Placement packages for PGDHRM over the last 3 years is detailed below: (Rs.in lakhs)

Placement year
Highest Salary
Average salary
2018
21
14.67
2017
19
13.78
2016
20.2
13.49

IIM Ranchi was established in 2010 and is the 9th in the IIM Family. It was the only IIM offering a specialized PGDHRM course. IIM Indore is the next IIM offering PGHRM now. The B school currently offers a 2 year PGDM in General management and 2 year fulltime programme on Human Resources Management (PGDHRM), Fellow Program in Management and 18 month part time Diploma in Management (PGEXP). IIM Ranchi has also launched a certified Barefoot Manager program to promote entrepreneurship and to impart livelihood skills among the school drop outs and illiterates.

Stay tuned to MBAUniverse.com for more updates on IIM Ranchi