IIM Ranchi Fees 2024 - Check All Courses Fees Structure, Scholarships and Financial Support

IIM Ranchi is an institute of high prowess that leads with a progressive approach in management education, striving to develop the students in a holistic and multifaceted way towards becoming highly efficient management leaders leading businesses towards a high margin of growth. Due to its academic excellence, this institute stresses spreading knowledge for the advancement of management as an academic entity as well as creating an ecosystem for advancement in research. With a commitment to the betterment of organizations, society, and its people, IIM Ranchi tries to get its existence towards an academic standard that is recognized worldwide.  It also trains the students to be socially conscious and be agents of change through their initiatives to make an impact around them.

Several programs are provided by IIM Ranchi. Starting with an MBA, which is a management course covering functional areas of management. It also specializes in human resource management and business analytics. Then there is the integrated programme in management which is a blend of BBA and MBA together for students who just cleared class 12th. Then, there is the Executive MBA program that is designed for working executives to study for an MBA. There are two doctoral programs, Ph.D, and Executive Ph.D. Ph.D is a residential program while the executive Ph.D is done parallelly with the student’s ongoing job. Then there is Executive Education for upskilling professionals to be more aware of the needs of the present business environment. 

IIM Ranchi Master of Business Management (MBA) Fees

This is a 2-year full-time residential program that trains future management and business leaders through learning theories and concepts related to functional areas of management along with practice where students apply their learnings to real-time scenarios. The program is designed with great care with the consultation of the faculty, industry experts, students, and alumni. The students are equipped with skills such as leadership to take the company in the direction of advancement, communication that is essential to connect with the stakeholders, networking skills to expand outreach, and interpersonal skills to let the relevant people align with common goals. Read also: IIM Ranchi Executive Program in Leadership & Management!

All these skills are instilled to thrive in a business environment that is competitive and dynamic. There are specialisations provided under this programme which are Human Resource Management and Business Analytics. The fee for this program is INR 17.2 Lakhs. The fee structure for this program is given below-

Type of Fee	Amount (INR)
Acceptance Fee	1.1 Lakhs
Tuition Fee	16.1 Lakhs
Caution Deposit	20K
Alumni Fee	10K
Mess Charges	27K+GST per month

The installment breakdown of the fees of this program is given below-

Instalment No. (Term No.)	Acceptance Fee (INR)	Tuition Fee (INR)	Caution Deposit (INR)	Alumni Fee (INR)
1	1.1 Lakhs	1.85 Lakhs	20K	10K
2	-	2.85 Lakhs	-	-
3	-	2.85 Lakhs	-	-
4	-	2.85 Lakhs	-	-
5	-	2.85 Lakhs	-	-
6	-	2.85 Lakhs	-	-

IIM Ranchi Executive MBA Fees

This is a 2-year hybrid program in management that is designed for working professionals who want to scale up their management skills & knowledge to become management leaders in taking up leadership roles in higher management levels of the corporate hierarchy. This program consists of offline and online modules. Most of the classes will be held online on weekends and for the offline module, there is a residential campus immersion. The program covers multiple functional areas of management that are meant to give a view of the business world and how to thrive in it from a leadership standpoint as a manager. The fee for the executive MBA fees is 12.7 Lakhs. Find also: IIM Ranchi Management Courses!

Type of Fee	Amount(INR)
Program Fee	12.5 Lakhs
Caution Deposit	10K
Alumni Membership Fee	10K

The installment breakdown of the fees is given below-

Instalment No.	Parts of the Total Fees (INR)
1 (During acceptance of admission offer)	1.45 Lakhs (Includes Caution Deposit and Alumni Fees
2 (Term-1)	2.25 Lakhs
3 (Term-2)	2.25 Lakhs
4 (Term-3)	2.25 Lakhs
5 (Term-4)	2.25 Lakhs
6 (Term-5)	2.25 Lakhs

Students Also Ask
Online MBA Courses	MBA Distance Education
MBA for Working Professionals	Part-Time MBA
Executive MBA for Working Professionals	MBA After MBBS
MBA After BCA	MBA After BA
MBA After BTech	MBA After BSc
MBA After BCom	IIM Executive MBA Online

IIM Ranchi Integrated Programme in Management (IPM) Fees

This 5-year program is a combined form of BBA and MBA together that trains students in functional areas of management and business along with a foundation in multiple disciplines that are derived from social sciences, arts, humanities, and science, which contributes to the overall development of the student. To thrive in the ever-changing marketplace, the students learn to be socially aware and uphold responsibilities through their holistic development.

The following is the fee structure of the Integrated Programme in Management-

Note: The fees for the MBA aspect of this program will depend on the fees of the MBA program fees of that year which will overlap with the 4th year of the IPM.

The fee structure for the first three years of the program is given below-

Type of Fees	Amount (INR)
Tuition Fee	15.48 Lakh
Caution Deposit	20K
Alumni Fee	10K
Student Activity	15K

The installment breakdown of the fees for this program for the first three years is given below-

Instalment No. (Term No.)	Caution Deposit (INR)	Alumni Fee (INR)	Student Activity (INR)	Tuition Fee (INR)
1	20K	10K	15K	1.72 Lakh
2	-	-	-	1.72 Lakh
3	-	-	-	1.72 Lakh
4	-	-	-	1.72 Lakh
5	-	-	-	1.72 Lakh
6	-	-	-	1.72 Lakh
7	-	-	-	1.72 Lakh
8	-	-	-	1.72 Lakh
9	-	-	-	1.72 Lakh

IIM Ranchi Ph.D Programme Financial Support

This is a 4-year program meant for those who want to pursue careers in research or teaching in the field of management. The students of this program are trained to develop capabilities in research and also learn how to think from an analytical standpoint. This program helps the student expand his/her knowledge horizons in the field of management with an in-depth understanding. Along with that, there are intense research opportunities for the students in this program that involve developing relevant research skills. The specializations under this program are Strategy & Entrepreneurship, Operations Management, Marketing, Organisation Behaviour & Human Resources, Liberal Arts & Sciences, Information Systems & Business Analytics, Finance & Accounting, and Economics.

The financial allowances and benefits under this program are given below-

• The tuition fee for this program is waived.
• The students who are bachelors and married single will be provided accommodation on the campus, free of rent.
•  A stipend of INR 35K will be provided to the student in the first and second years.
• The students who have cleared the comprehensive examinations at the end of the second year will receive a stipend of INR 40K during their 3rd and 4th years.
• The students will be provided a contingency allowance of INR 1 Lakh. This contingency allowance covers field visits, operating software, security software, internal/external hard disks, computer tablets, pen drives, printers, stationery, books, etc.
• In the first and second years, an allowance of INR 50K will be granted for computers, software, and other peripherals.
• For 4 domestic and 1 international conference, the student presenting his/her papers at these conferences will be provided financial support from IIM Ranchi. 

Related Programmes
Global PhD Programs	PhD After MBA
Doctorate for Working Professionals	PhD for Working Professionals
Part-Time PhD Programs	PhD Distance Learning
PhD Online	MBA DBA Dual Programs
PhD Abroad	Global DBA
Pre-Doctoral Program Online	PhD for Working Professionals

IIM Ranchi Executive Ph.D Programme Fees

This Executive 4-year program is a different form of a Ph.D program that is designed for working professionals who are experienced, want to pursue management research, and continue their jobs at the same time. The program fulfills the distinct needs of the students where they can advance their knowledge through an in-depth study of their chosen specialization, develop research & teaching skills to carry out intense research & practice delivery of knowledge and gain experience to switch to a research career. The specializations that are provided in this program are Finance & Accounting, Information Systems & Business Analytics, Organisation Behaviour & Human Resources, Operations Management, Economics, Liberal Arts & Sciences, Marketing, and Strategy & Entrepreneurship. The following is the installment breakdown of the fees-

Instalment No.	Fees paid (INR)
1 (At the time of admission)	3.5 Lakhs (includes caution deposit of 50K)
2 (At the beginning of the second year)	2 Lakhs
3 (At the beginning of the third year)	1 Lakh

IIM Ranchi Executive Education Fees

Executive Education is meant to upskill a working professional to keep himself/herself updated with the latest developments and required skills happening in the present business & management world. By choosing to learn with the many heavily assorted programs such as short-duration/long-duration executive programs, certificate Programmes, and management development programs. Given below are the following programs with their fees-

Program Name	Programme Fees (INR)
Post Graduate Certification in Advanced HRM and Strategic Analytics	1.5 Lakh + GST
Post Graduate Certificate Programme on Advanced Business Management	1.2 Lakh + GST

IIM Ranchi Scholarships

• For the students of the MBA, MBA in Business Analytics, and MBA in Human Resource Management, 25 scholarships are provided to support meritorious students.
• Provided to students who have financial constraints performing well in academics.
• To encourage inclusivity, students from backgrounds such as differently-abled students (diving), students from Scheduled Castes (SC), and students from Scheduled Tribes (ST) are also provided with the scholarship.

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