IIM Ranchi is one of the few IIMs that offer the five-year Integrated Program in Management (IPM) course. It is a cross-disciplinary management program that has a blended course of management studies from Undergraduate (BBA) to Postgraduate (MBA). IIM Ranchi accepts the IPMAT Indore scores, which is one of the entrance tests conducted for IPM.
IIM Ranchi is considered one of the top management institutes in India, and it has received recognition from various reputable organizations. According to the NIRF 2023 rankings, it is positioned 24th in the Management category. Additionally, Outlook 2023 ranks it 7th in the MBA (government) category, and IIRF 2023 places it 19th among the top MBA institutes in India. Established in 2009 with the support of the Indian Institute of Management Calcutta and the Government of Jharkhand.
In terms of placements, the average package during IIM Ranchi placements is INR 17.30 LPA. Follow this article entirely to learn brief details about IIM Ranchi and various details regarding the entrance exam, pattern, syllabus, and eligibility to pursue an IPM degree. The brief preparation plan to ace the IPMAT and secure admission to IIM Ranchi with IPM has also been discussed.
IIM Ranchi: IPM Overview
The IPM program is specifically designed for students who have graduated from 12th/Higher Secondary or equivalent.
The first three years focus on foundation courses whereas, the last two years comprise the same 15 credits required by the PGDB students at IIM to get their MBA degree. Each term will be of three months and each year will have a total of three terms.
Particulars | Statistics |
Year of Establishment | 2009 |
Campus Size | 90.14 acres (Permanent campus under construction) |
Popular Courses | IPM & MBA |
Application Process | Online |
Admission Criteria | Entrance Based |
Entrance Exams Accepted | CAT, GATE, GMAT, IPMAT, etc. |
No. of International Partnerships | 12 |
Official Website |
IIM Ranchi will accept IPMAT Indore scores for IPM admission. IPMAT Indore will be a computer-based test held online. Find below the important dates.
Events | IPMAT Tentative Dates |
IPMAT Notification Release | February |
IPMAT Application Process Starts | March |
Last Date To Fill IPMAT Form | April |
Last Date To Submit the Application Fee | April |
IPMAT Admit Card Release | May Beginning |
IPMAT Indore Exam date | May, 2024 |
IPMAT Result | June Beginning |
A time duration of 2 hours will be provided to answer a total of 90 questions distributed in two sections.
A time duration of 2 hours will be provided to answer a total of 90 questions distributed in two sections.
SECTION | TIME | NUMBER OF QUESTIONS |
Quantitative Ability-SA | 40 minutes | 15 questions |
Quantitative Ability-MCQ | 40 minutes | 30 questions |
Verbal Ability | 40 minutes | 45 questions |
2024-29 will be based on IPMAT 2024 (IIM Indore) exam scores, a personal interview, as well as the academic performance of the candidate in secondary and higher secondary levels. The step-wise weightage for each of the steps is mentioned in the table below.
Component |
Weightage (%) |
IPMAT Indore Score |
50 |
P.I Score |
30 |
Academic Profile |
20 |
Gender Diversity |
5% |
Gender Diversity * (Add 5 marks)
5 marks will be added to female and transgender candidates only. These points will be added to the composite score at the very last stage of evaluation. These are bonus points added to a candidate’s score and not to the total (i.e., 100 points)
The weightage assigned to Academic Profile is 20%
90% and above |
85-90% |
80-85% |
75-80% |
70-75% |
65-70% |
60-65% |
|
10th Std |
13 |
11 |
9 |
7 |
5 |
3 |
1 |
12th Std |
7 |
6 |
5 |
4 |
3 |
2 |
1 |
IPM Ranchi Seats Intake
For the year 2023-28 IIM Ranchi will be offering 120 seats (tentative). The reservations for these seats are applicable as per the GoI regulations.
IPM Ranchi Fee Structure
The fee for the first three years of the program will be 14 lakh rupees. And the fee for the last two years will be equal to MBA fee assigned for that year.
How to Prepare for IPMAT Ranchi?
Preparing for the Integrated Program in Management (IPM) at Ranchi can be a challenging yet rewarding journey. The IPMAT Ranchi entrance exam is known for testing students’ aptitude and analytical skills. To help you excel in this competitive exam, here are six preparation tips:
Understand the Exam Pattern and Syllabus
Begin your preparation by thoroughly understanding the exam pattern and syllabus. IPMAT Ranchi typically consists of sections covering quantitative ability, verbal ability, and logical reasoning. Knowing the weightage of each section and the specific topics included will help you allocate your time and resources effectively.
Create a Realistic Study Schedule
Create an organized and practical study timetable that enables comprehensive coverage of all subjects within the allotted time. Divide your study sessions into manageable segments, concentrating on diverse subjects each day. Dedicate ample time for both revision and practice tests to reinforce your understanding. A well-balanced schedule will safeguard against burnout and foster a consistent approach to your preparation.
Build Strong Fundamentals
Focus on building a strong foundation in the basic concepts of mathematics, language, and logical reasoning. Strengthen your quantitative skills by practicing mathematical problems regularly. Enhance your verbal abilities by reading newspapers, magazines, and novels. Logical reasoning can be improved by solving puzzles and practicing analytical problems. A solid understanding of the fundamentals will be crucial for tackling the more complex questions in the exam.
Practice Time Management
Time management is critical in competitive exams. Use a timer during practice sessions to simulate exam conditions. Identifying time-consuming sections and learning to allocate time wisely will be instrumental in maximizing your overall score.
Take Mock Tests and Analyze Performance
Regularly take practice tests to see how well you’re prepared and figure out what you need to improve. Look at how you did in each test, focusing on what you’re good at and what needs work. Pay attention to the mistakes you make and try to make fewer of them. Practice tests not only give you a feel for the real exam but also help you come up with smart ways to answer different kinds of questions.
IIM Ranchi is a top management school in India, recognized for its quality education. It offers various courses and excellent facilities. The diverse range of courses, world-class facilities, and strong emphasis on student development further underscore its significance. Students aiming for IPMAT Ranchi should prepare well by understanding the test format, managing time, and practicing fundamental skills to succeed in this competitive journey.
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