Indian Institute of Management Ranchi

Indian Institute of Management Ranchi
MottoBahumukhvikaso gantavya
Motto in English
Working to bring change towards success, not only for one’s self, but also for the community.
TypePublic business school
Established15 December 2009; 15 years ago (15 December 2009)
ChairmanPravin Shankar Pandya[1]
DirectorDr. Deepak Kumar Srivastava[2]
Academic staff
48[3]
Students706[3]
Postgraduates602[3]
104[3]
Location
Ranchi
,
Jharkhand
,
India

23°23′0.19″N 85°18′57.31″E / 23.3833861°N 85.3159194°E / 23.3833861; 85.3159194
CampusUrban
Websiteiimranchi.ac.in

The Indian Institute of Management Ranchi (IIM Ranchi[4][5]) is a public business school located in Ranchi, Jharkhand, India. Established on 15 December 2009, it became India's ninth Indian Institute of Management. It commenced classes on 6 July 2010, marking the inception of the institute under the 11th Five Year Plan.[6][7]

IIM Ranchi offers integrated, postgraduate, doctoral, and executive programmes in management education, and Management Development Programmes (MDPs) spanning different streams of management. Admissions to the institute are based on scores obtained in the Common Admission Test (CAT) and further rounds of personal interview and written tests.

History

The 11th Five-Year Plan,[6] endorsed by the National Development Council in December 2007, envisaged the establishment of six new IIMs.

IIM Ranchi is an autonomous institution under the Ministry of Human Resources Development. The institute is free to design its own curriculum and recruit faculty members. In April 2011, Union Minister Kapil Sibal announced that the government allowed them to select the director and the chairman of the board of directors. IIM Ranchi is among the six new IIMs that were approved by the Union Cabinet on 27 August 2009. M. J. Xavier was the founding director of the institute.

The construction of a permanent campus has begun at Birhar village on the Khunti–Karra road, about 35 kilometres (22 mi) from Ranchi. In July 2013, the Jharkhand government allotted 90.14 acres (36.48 ha) of land free of charge to IIM Ranchi at Cheri in Kanke block, 20 km from Ranchi.[8] On 29 July 2013, Union Minister of Human Resource Development Shri Pallam Raju laid the foundation stone of IIM-Ranchi at Cheri.[9]

Campus

IIM Ranchi academic building on the permanent campus

Since its establishment in 2009, IIM Ranchi has operated from a temporary campus in Suchana Bhavan, behind the Governor House premises in the center of Ranchi, with student hostels at Khelgaon.[10] In 2021, the institute shifted to its permanent campus on a 60-acre plot in Pundag and Nayasarai, Ranchi.[11]

Academics

Academic programmes

IIM Ranchi offers a master's degree in management as per the approval of the Indian Institute of Management Bill, 2017.[12] Students are awarded degrees in two-year full-time residential programs, MBA, MBA-HRM, MBA-BA and Executive MBA for working professionals in blended mode. IIM Ranchi also offers Doctor of Business Administration (DBA) fellowship programmes and a part-time executive program (PGEXP).[13] IIM-R is among the five IIMs to offer the five-year Integrated Programme in Management (IPM).[14] The Integrated Programme in Management of IIM Ranchi is a full-time 5-year integrated postgraduate programme. The students are awarded a Master of Business Administration (MBA) degree at the end of the 5-year programme.[15]

IIM Ranchi was the first Indian Institute of Management to introduce the Young Changemakers Programme (YCP) in May 2023, which focused on empowering high school students and promoting the development of local villages under the Unnat Bharat Abhiyan.[16] YCP started with the mandatory Social Impact Project undertaken by undergraduate students of IIM Ranchi's Integrated Programme in Management during their second year of study before eventually being formalized as a priority under the institute's IIM Ranchi@2030 Strategic Vision. The programme received more than 500 applications from India, out of which a cohort of 95 youngsters participated in the 3-day event on the IIM Ranchi campus.[17]

The Young Changemakers Programme was expanded to invite international applicants in its second edition in December 2023. In the Global Edition, the number of applications went to over 3000. Participants were selected through shortlisting stages involving application reviews and quizzes. 300 candidates advanced to the interview stage, and 80 received the final offer letter. The organizers instituted new features to YCP 2.0, including travel and other costs for students from the Pestalozzi Children's Village Society, Dehradun.

Rankings

Institute rankings
Business/Management – India
NIRF (2024)[18]17


IIM Ranchi was ranked 17 by the National Institutional Ranking Framework (NIRF) management ranking in 2024.[19] The institute made a decent recovery from its 2023 rank. It had fallen from 15th rank in 2022 to 24th in 2023, due to a variety of factors, such as the shift to its permanent campus and the subsequent loss of world-class sports facility available at Khelgaon.

IIM Ranchi has been ranked seventh in the Top India's Best B-Schools 2024 by Outlook India. The institutions were scored 447.76 points out of 500 points in the evaluation.[20]

Admissions

Admission to postgraduate courses at IIM Ranchi is based on the Common Admission Test (CAT) that is conducted by the IIMs.[21]

Admission to Integrated Program (BBA-MBA) in Management (IPM) is based on the scores of IPM Admission Test (IPMAT) conducted by IIM Indore every year.[22]

Student life

As of 2019, the total student body consisted of fewer than 1000 students in the MBA, doctoral and executive programs.[23]

Student bodies

IIM Ranchi is a faculty-driven, student-executed business school. The school has a total of 7 committees,[24] 9 clubs,[25] and 8 Special Interest Groups (SIGs).[26]

IIM Ranchi also has seven independent bodies that function autonomously in tandem with the Student Council.[27] Its Placement Committee is responsible for maintaining corporate relations and conducting the summer and final placement process.[28]

Conclaves and conferences

  • AGON - The Annual Management Fest – an event in the form of case studies, quizzes and essays in finance and communications.[29]
  • AAROHAN Leadership Speak Series – its first leadership speak series, "Aarohan", on 8 January 2016 at Cockerel Stadium, Dipatoli cantonment, Ranchi.[30]
  • Colloquium – an annual series of guest lectures where students of IIM Ranchi can interact with industry leaders.[31]
  • HR Conclave – IIM Ranchi has organized two HR conclaves themed "Turning the tide on unrest in workforce" in 2012 and "Holistic Development of Human Capital" in 2011.[32]
  • RADIX – an event based on the themes "Connect," "Enthuse" and "Foster".[33]
  • RUSH – a two-day festival.[34]

See also

References

  1. ^ Pathak, Vikas (16 September 2017). "Four IIMs to get new chairmen". The Hindu. Retrieved 11 October 2017.
  2. ^ "Director's Message". Retrieved 14 July 2017.
  3. ^ a b c d "NIRF 2022" (PDF). IIM Ranchi.
  4. ^ "IIM-R records successful summer placement". The Pioneer. 7 February 2020. Archived from the original on 23 February 2020. Retrieved 23 February 2020.{{cite news}}: CS1 maint: bot: original URL status unknown (link)
  5. ^ A.S.R.P. MUKESH (30 July 2013). "IIM-R-gets-a-Home". The Teleraph. Archived from the original on 14 August 2021. Retrieved 23 February 2020.{{cite news}}: CS1 maint: bot: original URL status unknown (link)
  6. ^ a b "Indian Institutes of Management (IIMs)". Ministry of Education of India. Archived from the original on 17 January 2017.
  7. ^ "30 central univs, 8 IITS, 7 IIMS to be set up in the 11th plan". The Economic Times. 4 March 2008.
  8. ^ Ojha, Sanjay (13 July 2013). "IIM-Ranchi gets free land for campus". The Times of India. Archived from the original on 17 July 2013.
  9. ^ Mukesh, A.S.R.P. (30 July 2013). "IIM-R gets a home". The Telegraph. Calcutta, India. Archived from the original on 2 August 2013.
  10. ^ Gupta, Amit (17 March 2010). "15000 line up to join Ranchi IIM". Calcutta, India: Telegraphindia.com. Archived from the original on 22 March 2010. Retrieved 25 February 2012.
  11. ^ "IIM-Ranchi to move to permanent campus after Dussehra". The Telegraph. 29 September 2021. Archived from the original on 23 December 2022. Retrieved 23 December 2022.{{cite news}}: CS1 maint: bot: original URL status unknown (link)
  12. ^ "Cabinet Approves IIM Bill". Indian Express. Archived from the original on 2 February 2017. Retrieved 4 February 2017.{{cite news}}: CS1 maint: bot: original URL status unknown (link)
  13. ^ "IIM Ranchi to start part-time PGPEX for local companies". pagalguy.com. 6 July 2011. Archived from the original on 9 August 2011. Retrieved 18 August 2011.
  14. ^ "About IPM". Triumphant Institute of Management Education. Archived from the original on 24 February 2021. Retrieved 19 January 2021.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  15. ^ "IPM – IIM Ranchi". Retrieved 26 May 2024.
  16. ^ Bisoee, Animesh (15 May 2023). "IIM Ranchi to become first among 20 Indian Institutes of Management to launch Young Changemakers Program". edugraph. Archived from the original on 2 November 2023. Retrieved 2 November 2023.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  17. ^ Sahay, Sanjay (29 May 2023). "Students' study tour on tribal problems ends". The Times of India. ISSN 0971-8257. Archived from the original on 2 November 2023. Retrieved 5 March 2024.{{cite news}}: CS1 maint: bot: original URL status unknown (link)
  18. ^ "National Institutional Ranking Framework 2024 (Management)". National Institutional Ranking Framework. Ministry of Education. 12 August 2024.
  19. ^ Cite error: The named reference Rankings_NIRF_B_2023 was invoked but never defined (see the help page).
  20. ^ Jha, Mithilesh (16 November 2023). "देश के टॉप बिजनेस स्कूलों में आईआईएम रांची 7वें नंबर पर, पीएम ने किया नए भवन का ऑनलाइन उद्घाटन" [IIM Ranchi at number 7 among top business schools of the country, PM inaugurates new building online]. Prabhat Khabar (in Hindi). Archived from the original on 3 April 2024. Retrieved 3 April 2024.{{cite news}}: CS1 maint: bot: original URL status unknown (link)
  21. ^ "Indian Institute of Management (IIMs)" (PDF). 2011. Common Admission Test (CAT) 2012. Archived (PDF) from the original on 8 December 2011. Retrieved 10 August 2012.
  22. ^ "IPM – IIM Ranchi".
  23. ^ "IIM Ranchi - Annual Report 2018-19" (PDF). Retrieved 3 January 2021.
  24. ^ "Student Committees | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  25. ^ "Student Clubs | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  26. ^ "Self-Interest Groups | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  27. ^ "Independent Bodies | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  28. ^ "Placement Committee | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  29. ^ "AGON IIM RANCHI". www.agon-iimranchi.com. Retrieved 3 September 2017.
  30. ^ "AAROHAN Leadership Speak Series | IIM Ranchi". www.iimranchi.ac.in. Retrieved 3 September 2017.
  31. ^ Pioneer, The. "Colloquium 2014-15 kicks off at IIM Ranchi". The Pioneer. Retrieved 3 September 2017.
  32. ^ "HR conclave at IIM Ranchi". The Times of India. Archived from the original on 19 November 2013.
  33. ^ "Radix IIM RANCHI". www.radix-iimranchi.com. Retrieved 3 September 2017.
  34. ^ "RUSH IIM RANCHI". www.rush-iimranchi.com. Retrieved 3 September 2017.

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