INDIAN INSTITUTE OF

MANAGEMENT RANCHI

SUMMER INTERNSHIP
PLACEMENT REPORT
2023-25
Director’s Message
IIM Ranchi has demonstrated unwavering dedication to shaping its
students into leaders of tomorrow. The steadfast commitment of our
management, faculty, staff, and alums, coupled with the backing and
confidence of our recruiters, has made IIM Ranchi one of the most
coveted management institutes in the nation.

Our highly motivated students willingly embrace rigorous challenges,

resulting in their comprehensive development and heightened
performance. Their achievements stand as a testament to the diligent
efforts of our faculty members. Our proficient and committed faculty
use advanced teaching methods to ensure that students are well-
prepared for the dynamic pace of the corporate arena.

I extend heartfelt gratitude to all our stakeholders for contributing to

this success. A special acknowledgement is due to our longstanding and
new recruiters' continued trust in IIM Ranchi and investment in our
talent pool. Our commitment to fostering excellence in management
education is bolstered by the collective contributions of each
succeeding cohort, with the Batch of 2023-25 demonstrating their
capabilities in this year's summer internship placements. I extend my
best wishes to all these students for their future endeavours.

PROF. DEEPAK KUMAR SRIVASTAVA

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Chairperson’s Message
I'm delighted to announce the results of the summer internship placements
for the Batch of 2023-25. Our students have made significant efforts and
achieved remarkable milestones during this period, which was
acknowledged and appreciated by our esteemed recruiters. Our students
have shown dedication, resilience, and adaptability throughout the
academic year, making them capable of thriving in today's competitive
professional landscape. Their pursuit of academic excellence and active
involvement in extracurricular activities have finely honed their skills,
equipping them for excellence across various industries.

A sincere expression of gratitude goes to our recruiters for their steadfast

confidence in our talent. Our internship placement processes offered
invaluable opportunities for our students, which will serve as crucial pillars
in our students' journey toward realising their career aspirations. The
accomplishments of the batch 2023-25 underscores the diligence and
commitment of our students, the invaluable guidance and mentorship
provided by our faculty members, and the relentless efforts of the
Placement Committee.

As we celebrate these outstanding achievements, let's reiterate our

commitment to continued enhancement and innovation in our internship
placement procedures. We remain steadfast in our commitment to
nurturing talent, fostering collaboration between academia and industry,
and empowering our students to emerge as leaders and agents of change
on the global stage.
PROF. VARUN ELEMBILASSERY
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 BATCH PROFILE 66.0% - Fresher

9.4% - 1 to 11 months

The 2023-25 batch had a

composition regarding gender, educational
well-rounded
MBA-BA 11.3% - 12 to 23 months
Batch of 2023-25
backgrounds, and professional histories. 5.7% - 24 to 35 months

Drawing from various academic disciplines

7.6% - More than 36 months
such as Engineering, Science, Commerce, and
Economics, the batch has prior experience in
IT, ITES, Finance, and Consulting. IIM Ranchi
63.9% - Fresher
maintains gender equity, with females
constituting 28% of the 2023-2025 cohort. 9.7% - 1 to 11 months
Additionally, 38.5% of the batch had prior
employment in renowned organizations such
MBA-HR 11.1% - 12 to 23 months
Batch of 2023-25
as Accenture, Amazon, American Express, 11.1% - 24 to 35 months
Bajaj Auto, Bosch Global Software,
4.2% - More than 36 months
Cognizant, Deloitte, EY, Flipkart, IBM India,
Infosys, JP Morgan Chase & Co., JSW Steel,
KPMG Advisory, L&T, Mahindra Group,
59.8% - Fresher
Samsung R&D, Tata Steel, TCS, and Wipro.
3.8% - 1 to 11 months

MBA 22.9% - 12 to 23 months

Batch of 2023-25
72% 28% 11.0% - 24 to 35 months

2.5% - More than 36 months

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PLACEMENT HIGHLIGHTS
MBA-BA
Batch of 2023-2025
In 2021, IIM Ranchi introduced its MBA in Business Analytics Program to address the evolving industry landscape and the increasing
significance of business analytics. This year, 49 students were extended offers from 38 leading companies, establishing a robust industry
partnership built on trust in the course's pedagogy and vision. The average stipend offered witnessed an impressive 42.66% increase
compared to the previous year, underscoring the program's growing recognition and value in the corporate realm.

₹3.00L HIGHEST ₹1.38L AVERAGE ₹1.20L MEDIAN

₹2.96L AVG OF TOP

10 PERCENTILE ₹2.63L AVG OF TOP
25 PERCENTILE ₹1.61L AVG OF TOP
80 PERCENTILE

*All figures are in INR

BFSI & Fintech - 18.4% Logistics & Supply Chain - 2.0%

38 RECRUITERS
Consulting & Professional Services - 2.0% Manufacturing - 30.6%

E-Commerce & EdTech - 4.1% SECTOR-WISE Media & Entertainment - 6.1%

SPLIT
FMCG - 10.3% Others - 4.1%
49 OPTED IN
IT & ITES - 12.2% Pharma & Healthcare - 10.2%

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PLACEMENT HIGHLIGHTS
MBA-HR
Batch of 2023-2025
IIM Ranchi's highly regarded MBA-HR program continues to justify its status as one of the foremost courses in Human
Resource Management. In the current year, the HR Batch of 2023-25 seized numerous outstanding opportunities, achieving a
remarkable increase of 20.45% in the average stipend. This achievement truly exemplifies the program's significance in the
corporate sphere.

₹3.00L HIGHEST ₹1.49L AVERAGE ₹1.20L MEDIAN

₹2.91L AVG OF TOP

10 PERCENTILE ₹2.54L AVG OF TOP
25 PERCENTILE ₹1.68L AVG OF TOP
80 PERCENTILE

*All figures are in INR

BFSI & Fintech - 17.2% FMCG - 6.3%

29 RECRUITERS Consulting & Professional Services - 10.9% IT & ITES - 21.9%

SECTOR-WISE
E-Commerce & EdTech - 4.7% SPLIT Manufacturing - 29.7%

64 OPTED IN
Energy Oil & Gas - 1.6% Pharma & Healthcare - 7.8%

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PLACEMENT HIGHLIGHTS
MBA
Batch of 2023-2025
The MBA Batch of 2023-25 surpassed expectations by securing lucrative roles across various sectors and domains. This year saw an
impressive 8.10% increase in the average stipend offered, with the top 25%ile experiencing a remarkable 26.19% increase, once again
highlighting the batch's exceptional potential.

₹3.00L HIGHEST ₹1.25L AVERAGE ₹1.00L MEDIAN

₹2.91L AVG OF TOP

10 PERCENTILE ₹2.43L AVG OF TOP
25 PERCENTILE ₹1.46L AVG OF TOP
80 PERCENTILE

*All figures are in INR

BFSI & Fintech - 19.9% Logistics & Supply Chain - 1.7%

85 RECRUITERS
Consulting & Professional Services - 5.2% Manufacturing - 20.3%

E-Commerce & EdTech - 4.8% SECTOR-WISE Media & Entertainment - 1.7%

SPLIT
FMCG - 9.5% Others - 11.3%
231 OPTED IN
IT & ITES - 17.3% Pharma & Healthcare - 8.2%

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PLACEMENT HIGHLIGHTS
ACROSS DOMAINS
Batch of 2023-2025
The cohort of 2023-25, comprising 231 students, received offers from 85 recruiters during this year's placement season. Sales & Marketing
emerged as the most sought-after functional area, closely followed by Finance, IT Analytics, Strategy & Consulting, and Operations profiles.
Notable companies that participated in the recruitment process include Accenture ATCI, Aditya Birla Capital, American Express, Asian Paints,
Berger Paints, Birla Paints, BPCL, Britannia, Capgemini, Cummins, Emami, Flipkart, GSK Pharma, Havells, Hero MotoCorp, ICICI Bank, ICICI
Lombard, JP Morgan Chase & Co., Larsen & Toubro, Maruti Suzuki, Medtronic, Oxane Partners, Raymonds, Samsung India, Synergy Consulting,
TATA Motors, Lubrizol, Titan Company, UltraTech Cement, Wells Fargo, Wipro, and Yes Bank.

STRATEGY & CONSULTING

HIGHLIGHTS
PROMINENT ASSOCIATIONS
₹2.50L HIGHEST ₹1.11L AVERAGE ₹1.20L MEDIAN

₹1.63L AVG OF TOP

10 PERCENTILE ₹1.40L AVG OF TOP
25 PERCENTILE ₹1.23L AVG OF TOP
80 PERCENTILE

ROLES OFFERED
IT Consulting Business Consulting Program Manager

Corporate Strategy Strategic Advisory Account Management

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 F I NANCE
HIGHLIGHTS
PROMINENT ASSOCIATIONS
₹2.00L HIGHEST ₹1.32L AVERAGE ₹1.25L MEDIAN

₹2.00L AVG OF TOP

10 PERCENTILE ₹1.93L AVG OF TOP
25 PERCENTILE ₹1.48L AVG OF TOP
80 PERCENTILE

ROLES OFFERED

Asset Management Credit & Risk Management Investment Analyst

Corporate Banking Investment Banking Equity Research

I T & A NAL Y T I C S
HIGHLIGHTS
PROMINENT ASSOCIATIONS
₹3.00L HIGHEST ₹1.33L AVERAGE ₹1.00L MEDIAN

₹2.75L AVG OF TOP

10 PERCENTILE ₹2.67L AVG OF TOP
25 PERCENTILE ₹1.53L AVG OF TOP
80 PERCENTILE

ROLES OFFERED

Product Management Business Analyst Application Manager

Digital Consultant Project Management Product Owner

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 OPE R AT I ONS
HIGHLIGHTS
PROMINENT ASSOCIATIONS
₹3.00L HIGHEST ₹1.20L AVERAGE ₹1.00L MEDIAN

₹2.53L AVG OF TOP

10 PERCENTILE ₹2.29L AVG OF TOP
25 PERCENTILE ₹1.37L AVG OF TOP
80 PERCENTILE

ROLES OFFERED

Operations Analytics Project Management Strategic Sourcing

Supply Chain & Global Operations Quality Control &

Procurement Excellence Management

S AL E S & MAR KE T I N G
HIGHLIGHTS
PROMINENT ASSOCIATIONS
₹3.00L HIGHEST ₹1.31L AVERAGE ₹0.90L MEDIAN

₹3.00L AVG OF TOP

10 PERCENTILE ₹2.80L AVG OF TOP
25 PERCENTILE ₹1.54L AVG OF TOP
80 PERCENTILE

ROLES OFFERED
Digital Marketing Market Research
Manager Product Manager

Brand Tie-ups and Social Media Marketing Business Development

Sponsorships
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PROMINENT
ASSOCIATIONS
MBA-BA
The cohort of 2023-25 at IIM Ranchi showcased
exceptional proficiency throughout the placement
process, seizing coveted positions offered by esteemed
recruiters such as Berger Paints, Birla Paints, Britannia,
Cummins, DCM Shriram, Disney Star, GSK Pharma,
HDFC ERGO, ICICI Lombard, ICICI Prudential, JP
Morgan Chase & Co., Medtronic, UltraTech Cement,
Vedanta, and Wipro.
Comprising 49 outstanding individuals, this batch
attracted offers from 38 leading companies,
underscoring the robust rapport established between
the institute and the industry. This bond is a testament
to the confidence vested in the course's pedagogy and
forward-looking vision.
This remarkable achievement owes much to the
relentless commitment of the faculty members who
have played a pivotal role in nurturing and guiding
these students. With such remarkable outcomes, IIM
Ranchi is poised to further solidify its standing and
influence, particularly in the realm of business
analytics, thereby reinforcing its enduring legacy.

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PROMINENT
ASSOCIATIONS
MBA-HR
IIM Ranchi's flagship MBA in HRM program has
garnered widespread acclaim from the industry.
Renowned for its comprehensive curriculum and
emphasis on providing practical experience, the
program has established itself as one of the most
esteemed HRM programs in the country.
The diverse and ambitious batch of 2023-25, consisting
of 64 students, received coveted offers from some of
the nation's most prestigious companies. A total of 29
companies extended lucrative opportunities, with
notable recruiters including Aditya Birla Capital,
Aditya Birla Fashion and Retail, American Express,
BPCL, Capgemini, D E Shaw, Deloitte USI, EY India,
Flipkart, Godrej Agrovet, HDFC ERGO, Hindalco, ICICI
Bank, Larsen & Toubro, Maruti Suzuki India, Morgan
Stanley, Publicis Sapient, Samsung R&D, TATA Steel,
UltraTech Cement, and Vedanta.
As the first IIM to introduce a dedicated HR program,
IIM Ranchi remains steadfast in providing top-quality
opportunities.

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PROMINENT ASSOCIATIONS

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 PLACEMENT
COMMITTEE
Address:
Indian Institute of Management Ranchi,
Prabandhan Nagar, Nayasarai Road
Ranchi 835303, Jharkhand, India

Placement Team:
[email protected]

Manager Corporate Relations:

Ms. Shivani Shinde
[email protected]

Chairperson Corporate Relations:

Prof. Varun Elembilassery
[email protected]
Sai Bharath Aditya Vaibhav Shravan Ansuman Sadeeshkumar
Krishna Bakshi Vashisht Hegde Panda R
LinkedIn:
Indian Institute of Management, Ranchi
Anshi Srishti Pragya Rutuja Vaishnavi
Tripathi Biswas Singh Wankhade Nandre
Website:
www.iimranchi.ac.in
Designed by Media & Digital Communications Committee