Indian Institute of Management Ranchi explained

Indian Institute of Management Ranchi
Motto:Bahumukhvikaso gantavya
Mottoeng:Working to bring change towards success, not only for one’s self, but also for the community.
Director:Dr. Deepak Kumar Srivastava[1]
Chairman:Pravin Shankar Pandya[2]
Faculty:48
Students:706[3]
Postgrad:602
Doctoral:104
Coor:23.3834°N 85.3159°W

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 from Ranchi. In July 2013, the Jharkhand government allotted 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

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 Dhurwa.[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

Type:Institute
Nirf B 2023:24

IIM Ranchi was ranked 24 by the National Institutional Ranking Framework (NIRF) management ranking in 2023.

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.[18]

Admissions

Admission to postgraduate courses at IIM Ranchi is based on the Common Admission Test (CAT) that is conducted by the IIMs.[19]

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.[20]

Student life

As of 2019, the total student body consisted of fewer than 1000 students in the MBA, doctoral and executive programs.[21]

Student bodies

IIM Ranchi is a faculty-driven, student-executed business school. The school has a total of 7 committees,[22] 9 clubs,[23] and 8 Special Interest Groups (SIGs).[24]

IIM Ranchi also has seven independent bodies that function autonomously in tandem with the Student Council.[25] Its Placement Committee is responsible for maintaining corporate relations and conducting the summer and final placement process.[26]

Conclaves and conferences

See also

Other Information

Notes and References

  1. Web site: Director's Message. 14 July 2017. Indian Institute of Management Ranchi.
  2. News: Pathak. Vikas. Four IIMs to get new chairmen. 11 October 2017. The Hindu. 16 September 2017. en-IN.
  3. Web site: NIRF 2022 . IIM Ranchi.
  4. News: 7 February 2020 . IIM-R records successful summer placement . live . https://wayback-api.archive.org/web/20221031190923/https://www.dailypioneer.com/2020/state-editions/iim-r-records-successful-summer-placement.html . 31 October 2022 . The Pioneer.
  5. News: A.S.R.P. MUKESH . 30 July 2013 . IIM-R-gets-a-Home . live . https://wayback-api.archive.org/web/20221031233734/https://www.telegraphindia.com/india/iim-r-gets-a-home-minister-pallam-raju-sets-global-agenda/cid/279240#.UfbvV9L-Hmk . 31 October 2022 . The Teleraph.
  6. News: Indian Institutes of Management (IIMs) . live . https://web.archive.org/web/20170117041826/https://mhrd.gov.in/technical-education-3 . 17 January 2017 . Ministry of Education of India.
  7. News: March 4, 2008 . 30 central univs, 8 IITS, 7 IIMS to be set up in the 11th plan . The Economic Times.
  8. News: Ojha . Sanjay . 13 July 2013 . IIM-Ranchi gets free land for campus . dead . https://web.archive.org/web/20130717192901/http://articles.timesofindia.indiatimes.com/2013-07-13/news/40553640_1_nagri-land-government-land-fertile-land . 2013-07-17 . The Times of India.
  9. News: Mukesh . A.S.R.P. . 30 July 2013 . IIM-R gets a home . dead . https://web.archive.org/web/20130802120609/http://www.telegraphindia.com/1130730/jsp/frontpage/story_17172617.jsp#.UfbvV9L-Hmk . 2 August 2013 . The Telegraph . Calcutta, India.
  10. News: 15000 line up to join Ranchi IIM . https://web.archive.org/web/20100322202850/http://www.telegraphindia.com/1100317/jsp/frontpage/story_12225510.jsp . dead . 22 March 2010 . Telegraphindia.com . 2010-03-17 . 2012-02-25 . Calcutta, India . Amit . Gupta.
  11. News: 29 September 2021 . IIM-Ranchi to move to permanent campus after Dussehra . live . https://wayback-api.archive.org/web/20221225091858/https://www.telegraphindia.com/jharkhand/iim-ranchi-to-move-to-permanent-campus-after-dussehra/cid/1832737 . 25 December 2022 . 23 December 2022 . The Telegraph.
  12. News: Cabinet Approves IIM Bill . live . https://wayback-api.archive.org/web/20221031192034/https://indianexpress.com/article/education/cabinet-approves-iim-bill-2017/ . 31 October 2022 . 4 February 2017 . Indian Express.
  13. Web site: 6 July 2011 . IIM Ranchi to start part-time PGPEX for local companies . usurped . https://wayback-api.archive.org/web/20221031190935/https://www.pagalguy.com/articles/iim-ranchi-to-start-part-time-pgpex-for-local-companies-14373 . 31 October 2022 . 18 August 2011 . pagalguy.com.
  14. Web site: About IPM . live . https://wayback-api.archive.org/web/20220125062131/https://www.time4education.com/IPM/About-IPM . January 25, 2022 . 2021-01-19 . Triumphant Institute of Management Education.
  15. Web site: IPM – IIM Ranchi . 2024-05-26 . en-US.
  16. Web site: Bisoee . Animesh . 15 May 2023 . IIM Ranchi to become first among 20 Indian Institutes of Management to launch Young Changemakers Program . live . https://wayback-api.archive.org/web/20231103054437/https://www.telegraphindia.com/edugraph/iim-ranchi-to-become-first-among-20-indian-institutes-of-management-to-launch-young-changemakers-program/cid/1936860 . 3 November 2023 . 2023-11-02 . edugraph.
  17. News: Sahay . Sanjay . 2023-05-29 . Students' study tour on tribal problems ends . live . https://wayback-api.archive.org/web/20231102121350/https://timesofindia.indiatimes.com/city/ranchi/students-study-tour-on-tribal-problems-ends/articleshow/100579397.cms . November 2, 2023 . 2024-03-05 . The Times of India . 0971-8257.
  18. News: 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 . live . https://wayback-api.archive.org/web/20231202190729/https://www.prabhatkhabar.com/state/jharkhand/ranchi/iim-ranchi-in-top10-business-school-of-india-know-its-ranking-mtj . 2 December 2023 . Prabhat Khabar . hi.
  19. Web site: 2011 . Indian Institute of Management (IIMs) . live . https://web.archive.org/web/20111208235407/http://www.catiim.in/pdf/CAT_Advertisement.pdf . December 8, 2011 . 2012-08-10 . Common Admission Test (CAT) 2012.
  20. Web site: IPM – IIM Ranchi . en-US.
  21. Web site: IIM Ranchi - Annual Report 2018-19. en-US. 2021-01-03 .
  22. Web site: Student Committees IIM Ranchi. www.iimranchi.ac.in. en-US. 2020-03-12.
  23. Web site: Student Clubs IIM Ranchi. www.iimranchi.ac.in. en-US. 2020-03-12.
  24. Web site: Self-Interest Groups IIM Ranchi. www.iimranchi.ac.in. en-US. 2020-03-12.
  25. Web site: Independent Bodies IIM Ranchi. www.iimranchi.ac.in. en-US. 2020-03-12.
  26. Web site: Placement Committee IIM Ranchi. www.iimranchi.ac.in. en-US. 2020-03-12.
  27. Web site: AGON IIM RANCHI. www.agon-iimranchi.com. en. 2017-09-03.
  28. Web site: AAROHAN Leadership Speak Series IIM Ranchi. www.iimranchi.ac.in. en-US. 2017-09-03.
  29. News: Colloquium 2014-15 kicks off at IIM Ranchi. Pioneer. The. The Pioneer. 2017-09-03. en.
  30. News: HR conclave at IIM Ranchi. https://archive.today/20131119183441/http://articles.timesofindia.indiatimes.com/2012-09-22/ranchi/34021390_1_iim-ranchi-hr-conclave-maruti-chairman. dead. 2013-11-19. The Times of India.
  31. Web site: Radix IIM RANCHI. www.radix-iimranchi.com. en. 2017-09-03.
  32. Web site: RUSH IIM RANCHI. www.rush-iimranchi.com. en. 2017-09-03.

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