IIM-R students record a 33% increase in highest domestic CTC

  • | Thursday | 15th May, 2025

IIM Ranchi marks 15 years of academic excellence and institutional growth. Reflecting its consistent progress, the institute has achieved a remarkable improvement in the National Institutional Ranking Framework (NIRF), climbing to the 17th position in 2024 from 24th in 2023. The academic session 2024-25 is particularly noteworthy, symbolizing a period of transformative achievements and continued commitment to excellence in management education. Students across its MBA, MBA-Human Resource (HR), and MBA-Business Analytics (BA) programmes have achieved remarkable success in final placements. These students have not only secured highest CTC packages in domestic organizations but have also made their mark with multi-national companies. With the support of Prof. Deepak Kumar Srivastava, Director, IIM Ranchi, the Final Placement Report 2024-25 was released on Wednesday. The event was also attended by Dean of Academics Prof. Tanushree Dutta, Chairperson of Corporate Relations Prof. Rajeev Verma, and former Chairperson of Corporate Relations Prof. Varun Elembilassery, along with other faculty members and staff of the institution. The final placement report indicates an exceptional performance by the students of the batch 2023-2025 compared to previous batches. Notably, 96 unique companies offered opportunities to students across all three programmes. Students placed in domestic companies achieved a remarkable 33% increase in the highest domestic CTC compared to the previous year. The average CTC of top 10%ile also saw a significant rise of 7.7% across all programmes. Furthermore, the top 25%ile offers witnessed a 6.6% increase in the average CTC compared to the preceding year. The Corporate Relations team at IIM Ranchi proactively visited 110 new companies during the academic session, encouraging their collaboration and participation. 89 Industry leaders delivered Leadership Talks in campus. Additionally, 119 companies provided students with virtual live projects. Among the students who participated in the campus placement drive, 59% were freshers and 31% were female students. 81 companies extended placement offers to MBA students. The highest annual package secured by an MBA student reached ₹50.39 lakhs per annum. The top-performing 25% of students achieved an average annual package of ₹26.79 lakhs. The overall average annual package for MBA students stood at ₹19.29 lakhs. Additionally, 19.8% of MBA students received pre-placement offers (PPOs), with an average annual package of ₹20.85 lakhs. Among the students from MBA-HR programme who participated in the campus placement drive, 30% secured pre-placement offers. The average annual package under the pre-placement offers was ₹20.96 lakhs. The highest annual package secured by a student in the MBA-HR programme reached ₹35.30 lakhs. The top-performing 25%ile achieved an average annual package of ₹22.87 lakhs. The overall average annual package for MBA-HR students was ₹19.02 lakhs. A significant 43.48% of students from the MBA-BA programme were placed in the Banking, Financial Services, Insurance and Fintech Sector. Furthermore, there was a substantial 25.9% increase in the number of recruiting companies. The highest annual package secured by an MBA-BA student was ₹27.94 lakhs. The top-performing 25%ile of students achieved an average annual package of ₹26.07 lakhs. The overall average annual package for MBA-BA students was ₹19.86 lakhs. Prominent companies such as American Express, Accenture, Accenture Strategy, Aditya Birla Group, Amazon, Atomberg, Capgemini, Cifdac, Bennett Coleman & Co. Ltd., Bharat Petroleum, DE Shaw & Co, Cognizant, Deloitte, GAIL (India) Ltd., GSK, HSBC, Havells, Infosys, Larsen & Toubro, Mahindra, McDonalds, Orix, Titan, Vedanta, Wells Fargo, Wipro, and numerous other organizations participated in the placement drive, extending offers to the institutes students.

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