Courses and Fees
IIM Ranchi Courses Offered:
MBA Programmes
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MBA (General)
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MBA in Human Resources (MBA-HR)
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MBA in Business Analytics (MBA-BA)
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MBA (Executive)
Integrated Programme
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IPM – Integrated Programme in Management (BBA MBA)
IIM Ranchi – Courses & Fees Summary:
| Particulars | 1st Term | 2nd Term | 3rd Term | 4th Term | 5th Term | 6th Term | Total |
|---|---|---|---|---|---|---|---|
| Acceptance Fee | ₹1,10,000 | – | – | – | – | – | ₹1,10,000 |
| Tuition Fee | ₹2,05,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹17,80,000 |
| Caution Deposit | ₹20,000 | – | – | – | – | – | ₹20,000 |
| Alumni Fee | ₹10,000 | – | – | – | – | – | ₹10,000 |
| Total | ₹3,45,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹3,15,000 | ₹19,20,000 |
IIM Ranchi Scholarships & Financial Support
1. Internal Scholarships
IIM Ranchi provides dedicated support for meritorious students from economically weaker backgrounds:
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Merit‑cum‑Means (MCM) Scholarship
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Benefit: Covers a substantial portion of tuition fees (around ₹40,000 per term).
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Availability: 25 scholarships awarded annually across MBA, MBA‑HR, MBA‑BA, and IPM programs.
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Eligibility: Minimum CGPA of 7.0–7.5 and annual family income below ₹8 Lakhs.
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Preference: Extra consideration for SC/ST and PwD (Divyangjan) candidates.
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2. Government‑Funded Scholarships
Students can apply through the National Scholarship Portal (NSP) and state‑specific schemes.
Scholarship Schemes
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Top Class Education Scheme (SC)
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Eligible for SC students
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Benefits: Full tuition fee waiver, living expenses, laptop/book allowance
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National Fellowship & Scholarship (ST)
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Eligible for ST students
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Benefits: Full tuition fee waiver, monthly stipend, book & computer grants
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Scholarships for Students with Disabilities
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Eligible for PwD students
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Benefits: Financial aid up to ₹2 Lakhs per year, plus maintenance & disability allowance
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PM‑YASASVI Scheme
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Eligible for OBC / EBC / DNT students
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Benefits: Covers complete tuition fees (for families with income below ₹2.5 Lakhs)
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Minority Merit‑cum‑Means Scholarship
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Eligible for minority students
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Benefits: Course fee coverage maintenance allowance (income below ₹2.5 Lakhs)
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State‑Specific Schemes
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Eligible for students with state domicile
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Examples: E‑Kalyan (Jharkhand), MMVY (Madhya Pradesh), plus schemes from Bihar, West Bengal, Maharashtra
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3. Education Loans (Collateral‑Free)
As an Institute of National Importance, IIM Ranchi students enjoy access to favorable loan products:
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PM‑Vidyalaxmi Scheme: Centralized portal to apply for loans across banks; collateral‑free up to ₹20–40 Lakhs.
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SBI Scholar Loan: Special low‑interest loan scheme tailored for IIM Ranchi students.
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Central Sector Interest Subsidy (CSIS): For families with income below ₹4.5 Lakhs, the government pays interest during the moratorium period (course duration 1 year).
For more details please visit:Indian Institute of Management Ranchi
