IIM Ranchi Final Placements 2024–25: Soars to ₹50.39 LPA, Significant Rise in PPOs and Consulting Roles
The Indian Institute of Management Ranchi (IIM Ranchi) has announced its Final Placement Report for the academic session 2024–25, showcasing an impressive leap in placement statistics, industry diversification, and student achievements. The highest domestic CTC offered this year climbed to a remarkable ₹50.39 lakh per annum, marking a 33% increase from the previous cycle, one of the most significant jumps among top IIMs this season.
Key Highlights at a Glance
- Highest Package: ₹50.39 LPA (33% increase from last year)
- Average Rise in Top Offers: 7.7% (Top 10%) and 6.6% (Top 25%)
- Total Recruiters: 96 unique companies
- Freshers in Batch: 59%
- Female Representation: 31%
- Significant Sectoral Growth: BFSI, Fintech, Consulting, and Sales & Marketing
- Increase in PPOs: 28.6% in Sales & Marketing; 30% in MBA-HR
BFSI and Fintech Lead the Pack in Sector-Wise Hiring
One of this year's most prominent takeaways was the dominance of the BFSI (Banking, Financial Services, and Insurance) and Fintech sectors in the overall placement numbers. These sectors were closely followed by other high-growth domains such as Consulting, E-commerce, FMCG, IT, and Manufacturing.
The increasing reliance on data analytics, AI integration, and risk management in financial services is driving an aggressive hiring trend. IIM Ranchi has positioned its students well to meet this industry demand.
Consulting on the Rise: 33% Increase in Strategy and Consulting Roles
The placement season also saw a 33.33% increase in firms hiring for strategy and consulting roles, reflecting the growing importance of business transformation and digital strategy roles in top consulting firms. IIM Ranchi’s evolving curriculum and emphasis on multidisciplinary skills have made its graduates highly desirable in this sector.
Robust Rise in PPOs Across Programmes
Pre-placement offers (PPOs), often a benchmark of corporate trust in academic-industry engagement, saw a notable surge:
- 30% of MBA-HR students received PPOs
- 19.8% of MBA students secured offers through internships and live projects
- 28.6% growth in PPOs for roles in Sales & Marketing
This increase is a strong indicator of students' internship performance and the confidence recruiters place in IIM Ranchi talent.
Top Recruiters from Across Industries
IIM Ranchi attracted a diverse set of recruiters, including industry giants and emerging players alike. Some of the top recruiters in the 2024–25 placement season included:
- Amazon
- Accenture
- American Express
- Deloitte
- DE Shaw
- HSBC
- Infosys
- GAIL
- Titan
- Vedanta
- Wipro
- McDonald’s
These organizations offered roles across domains such as Tech Strategy, Risk Management, Human Resource Leadership, Digital Transformation, and Marketing Analytics.
Profile of the 2024–25 Batch
The graduating batch included a diverse mix of freshers and experienced professionals, which provided recruiters with a wide range of profiles:
- 59% of students were freshers, bringing a fresh perspective and adaptability
- 31% of students were female candidates, reflecting IIM Ranchi’s commitment to gender diversity
This blend of experience, gender inclusivity, and academic diversity added to the campus's appeal for a broad range of recruiters.
Curriculum Designed for the Future of Work
A key strength behind IIM Ranchi’s stellar placement performance lies in its forward-looking curriculum. The institute has focused heavily on multidisciplinary learning, offering more than 24 electives across emerging and traditional business domains. Some of the most sought-after electives included:
- AI Strategy
- Strategic Human Resource Management (HRM)
- Digital Marketing
- Design Thinking
These courses prepared students for high-impact roles such as Tech Strategy Consultant, Business Analyst, Risk Manager, and Marketing Research Manager.
Leadership Speaks: A Vision for Global Competence
Commenting on the results, Prof. Deepak Kumar Srivastava, Director of IIM Ranchi, attributed the institute’s success to its constantly evolving academic framework and deep corporate partnerships.
“Our students’ holistic development through multidisciplinary learning gives them a competitive edge in the job market,” he said.
Prof. Tanushree Dutta (Dean of Academics), Prof. Rajeev Verma (Chairperson, Corporate Relations), and other senior faculty members echoed similar sentiments, emphasizing the role of academic innovation and corporate alignment in delivering impactful outcomes.
Conclusion: IIM Ranchi’s Rising Momentum in the B-School Landscape
IIM Ranchi’s 2024–25 final placement report reinforces the institute’s rising stature among the top-tier Indian B-schools. With record-breaking compensation figures, a diverse recruiter base, and a growing share of PPOs, IIM Ranchi continues to build a strong case for being a preferred destination for aspirants and recruiters.
As industries evolve and the demand for multi-skilled professionals increases, IIM Ranchi’s graduates appear well-equipped to take on leadership roles across sectors, powered by innovation, academic excellence, and real-world readiness.
