IIM Ranchi MBA Fees 2024 - Check Fees Structure for Online MBA, On-Campus MBA

IIM Ranchi is an institute of high excellence that has a progressive approach to impart management education. It has been striving to mold the students in a multi-faceted and holistic environment that produces management leaders who convert their caliber into execution that leads to desired results that ultimately enhance the growth of the organization. Disseminating knowledge to progress the management realm as an academic entity, creates an ecosystem that is ideal for research and stays updated with the current trends of management education. The global academic standards of the institute have been vital in making changemakers who transform organizations, raise society to a higher standard, and transcend people’s lives. 

On this page, the fees of each MBA program provided by IIM Ranchi are listed. These programs are an MBA (Master’s in Business Administration), an integrated program in management, and an executive MBA. The following are the fees for each MBA program provided by IIM Ranchi:

IIM Ranchi Master of Business Administration (MBA) Fees

The MBA provided by IIM Ranchi is a two-year program that has been training management leaders to become entities of knowledge & skills that drive growth in organizations. The student gets to learn theories, concepts & relevant skills to make a good foundation in the functional areas of management. The program emphasizes learning through practice that involves applying theoretical knowledge while using skills & logic such as problem-solving and critical decision-making. IIM Ranchi MBA Program!

The curriculum is curated with advice, consultation & assistance from the esteemed faculty, students, alumni, and highly experienced industry experts. The specializations provided under the program are Business Analytics and Human Resource Management. 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

The Executive MBA provided by IIM Ranchi is a 2-year management program that is held in hybrid mode. It is curated according to the learning needs of the working professionals so that he/she can upgrade by equipping themselves with the management knowledge & skills that will empower them to management positions on a higher level of the hierarchy. Since the program is held in hybrid mode, the online aspect is the lectures and the offline module consists of campus immersion.  The student’s biggest takeaway from this program is that the student gets to understand various perspectives of the business world which adds to the acumen of the student that thrives in the complex business environment as a managerial leader. The fee for the Executive MBA program provided by IIM Ranchi is INR 12.7 Lakhs. The following is the fee structure and breakdown of the fees.

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

IIM Ranchi Integrated Program in Management (IPM) Fees

The Integrated Program in Management provided by IIM Ranchi is a 5-year program that consists of two degrees that are a BBA and an MBA. Firstly, the student is trained to build a foundation in areas across multiple disciplines that are derived from science, social science, arts, and humanities. This leads to the student’s overall development with knowledge & skills in multiple areas so that he/she is prepared for dynamic scenarios that overlap with these disciplines. Then after that, the student is trained to be a managerial leader in business structures that involve being aware socially, making smart decisions, framing strategies, and upholding responsibilities. The following is the fee structure and breakdown of fees of the IPM program. 

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

Comparison of Top Online MBA Courses with Updated Fees

Online MBA is the new trend and is here to stay for those who want to evolve, move forward, and scale heights. The universities providing this kind of program have created a foothold in the industry of management education by providing world-class faculty whose prowess is as good as those of regular programs provided by eminent institutions and with cheaper cost of tuition. The aspirants can look for more options in the current era as compared to a decade ago.

Top Online MBA Universities In India	Updated Fees (INR)
IIM Ahmedabad Online MBA	20 Lakhs
IIM Mumbai Online MBA	15-16 Lakhs
NMIMS Online MBA	2.2 Lakhs
Manipal Online  MBA	1.75 Lakhs
LPU Online MBA	1.44 Lakhs
DY Patil Online MBA	2 Lakhs
Jain Online MBA	3.2 Lakhs

IIM Ranchi Scholarships

IIM Ranchi Merit Cum Means Scholarship:

• Provided annually
• 25 recipients
• For students in programs such as MBA, MBA-Business Analytics, MBA-Human Resources Management, and Integrated Program in Management (IPM).
• Scholarship value: Around 1 Crore each year.
• This will be given to students of merit but with financial limitations.
• The students who have availed of other scholarships are excluded.
• The scholarship provides weightage to students who are differently-abled or belong to SC/ST.

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