IIM Ranchi is following the footsteps of IIM Indore and IIM Rohtak has introduced the five-year Integrated Program in Management (IPM) from the academic year 2021. Students keen to pursue management have a gol
den opportunity to enrol in a cross-disciplinary management program offered by prestigious IIM Ranchi. The IPM program specially caters to students who have completed their 12th standard and are sure of making a career in management.
Why IIM Ranchi IPM?
After witnessing the rising demand for management professionals, it was deemed fit that IIM Ranchi decided to introduce a new Integrated Program in Management and induct students immediately after completing schooling. In one of the most sought-after integrated management programs offered by IIM Ranchi, students are provided with a holistic education to develop managerial and leadership skills. The IIM Ranchi IPM program will be categorized into segments where the first three years will be a foundation course, and the next two years will focus on core management subjects. In the first three years, students will have a diverse curriculum covering subjects such as Mathematics, Statistics, Economics, Psychology, Languages, etc. IIM Ranchi IPM program also focuses on honing students' communication and interpersonal skills by regularly conducting seminars, debates, and discussions on the latest management practices. The program structure offers flexibility so that students can quit after completing three years, and a graduation degree certificate will be given to the student or complete the full five-year program and receive a post-graduate degree.
Students enrolled for IIM Ranchi's IPM program also has to mandatorily do an internship project which is a part of their curriculum. The internship helps these students to gain an insight into the workings of the corporate sector. After completing this integrated course, students will have a golden opportunity to sit for placement rounds and get hired by top multinational companies. Candidates aiming to pursue the five-year integrated program should know that there is stiff competition for many seats. One should also consider important features of this management program: selection process, exam pattern, course curriculum, course curriculum, etc.
IIM Ranchi IPM Eligibility Criteria:-
- Students need to score a minimum of 60% in Standard X or Senior Secondary Class and Standard XII or Higher Secondary Class or equivalent examinations.
- The maximum age limit for the General and NC- OBC category is 20 years as of 31st July 2023.
The detailed information on eligibility criteria will be released in the official notification of IIM Ranchi.
Selection Process at IIM Ranchi IPM program:
Students aspiring to study at IIM Ranchi should read the following points and prepare accordingly.
Stage 1: IIM Ranchi will accept SAT/IPMAT scores for admission to its IPM Program and based on which students will be selected for the second stage of the selection process.
Stage 2: IIM Ranchi will conduct a WAT and a PI for selected candidates to assess their personality.
Stage 3: After PI, a consolidated merit list will be prepared with the following components -
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Components
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Weightage
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Admission Test Score
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50%
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PI Score
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30%
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Academic Profile
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20%
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Gender Diversity
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5%
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Total
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100%
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Stage 4: Students can then join the course after depositing the fee as stated in the information brochure.
The seats intake for the IIM Ranchi IPM 2023 batch is expected to be 120.
IPMAT Notification
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Event
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Dates
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IPMAT Indore Registration Starts
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14 Feb, 2024
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IPMAT Indore Registration Ends
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26 March, 2024
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IPMAT Indore Exam Date
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23 May, 2024
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IIM Ranchi IPM Application and Course Fees
The application process for IPM would be entirely online. Candidates can apply for admission before or after they take SAT. The application will remain incomplete until the candidate provides its SAT score from the College Board. The application fee is Rs. 2000 (Rs. 1000 for applicants that belong to reserved categories).
IIM Ranchi IPM Course Fees
For the first three years, IIM Ranchi charges INR 15.93 Lakhs, and for the last two years of the MBA, the fees will be INR 16.30 Lakhs.
Candidates can expect the application to be available soon. Candidates interested in applying for IPM at IIM Ranchi must register for SAT before the deadline mentioned in the notification to benefit from discounted exam fees (subject to eligibility).
For more information regarding the release of the application, candidates must visit the official website of IIM Ranchi
https://iimranchi.ac.in/p/ipm.
According to last year, the estimated fee for the IIM Ranchi class of 2023–25 is Rs. 17,50,000 for both the PGP and PGP HRM programmes. The IIM Ranchi fee structure can be paid in six instalments according to the terms provided.
For its flagship MBA programme, IIM Ranchi has publicised its admissions guidelines and selection standards. According to IIM CAP standards, the 93 percentile CAT cut-off is required for the 2022–24 batch.
The flagship IPM and MBA programmes of IIM Ranchi are well-known. Given that IIM Ranchi's MBA programme costs INR 17.5 Lakhs and offers an average CTC of 16.17 LPA, it is a good college in terms of return on investment. For MBA admissions at IIM Ranchi, CAT is used, and for IPM admissions, SAT or IPMAT exam is conducted.
During the IIM Ranchi MBA placements 2022, the highest package and average package were INR 42 LPA and INR 16.62 LPA, respectively.
