Motto in English
|Working to bring change towards success, not only for one’s self, but also for the community.|
|Type||Public Business School|
|Established||15 December 2009|
|Chairman||Pravin Shankar Pandya|
|Director||Deepak Kumar Srivastava|
Indian Institute of Management Ranchi (IIM Ranchi | IIM-R) is a public business school in Ranchi, Jharkhand, India. The school was accorded the status of an "Institute of National Importance" by the Ministry of Human Resources (now Ministry of Education), Government of India, in 2017. The school was established in December 2009 under the 11th Five-Year Plan of the Government of India and is the 9th IIM established in the country.
The institute offers master's degree programmes in management (MBA, MBA-BA, MBA-HR), Doctorate in Business Administration and Management (PhD), Post-Doc Fellowship Programme, 5-year Integrated Programme in Management (IPM BBA+MBA), and an Executive MBA Programmes.
The institute houses 3 centres of excellence namely Atal Bihari Vajpayee Centre for Leadership, Policy and Governance (ABVCLPG), Birsa Munda Centre for Tribal Affairs (BMCTA) and Rekhi Centre of Excellence for the Science of Happiness.
The Post Graduate Programme in Management (PGP) is the traditional flagship two-year full-time residential MBA programme, admitted through the Common Admission Test (CAT).
In addition to its academic programmes, the institute is engaged in facilitating research, offering consulting services, conducting seminars & academic conferences and publishing journals.
The 11th Five-Year Plan, endorsed by the National Development Council in December 2007, envisaged the establishment of six new IIMs.
IIM Ranchi, like all other IIMs, is an autonomous institution under the Ministry of Human Resources Development, Government of India. The institute is free to design its own curriculum and recruit faculty members. In April 2011, Union Minister Kapil Sibal announced that the government is mulling enhancement of the autonomy of IIMs by allowing them to select the director and the chairman of the board of directors.
IIM Ranchi is amongst 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 college operates from a temporary campus in Suchana Bhavan, behind the Governor House premises in the heart of Ranchi. The student hostels of IIM Ranchi are located at Khelgaon.
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 cost to IIM Ranchi at Cheri in Kanke block, 20 km from Ranchi. On 29 July 2013, the Union Minister of Human Resource Development Shri Pallam Raju laid the foundation stone of IIM-Ranchi at Cheri.
IIM Ranchi offers a master's degree in management as per the approval of the Indian Institute of Management Bill, 2017. Students are awarded degrees under two-year full-time residential programs, MBA, MBA-HRM and MBA-BA. IIM Ranchi also offers Doctor of Business Administration (DBA) fellowship programmes and a part-time executive program (PGEXP). Further, IIM-R is now aming the five IIMs to offer the five-year Integrated Programme in Management (IPM).
|Business/Management – India|
IIM Ranchi was ranked 20th by the National Institutional Ranking Framework (NIRF) in the year 2020.
Admission to post-graduate courses8 at IIM Ranchi is done based on merit in the Common Admission Test (CAT) conducted by the IIMs. For the five-year IPM (BBA+MBA) course, IIM-R accepts applications through IIM Indore's IPM AT as well as CollegeBoard's SAT. Students shortlisted on the basis of their test scores and Class 12 exams face a Personal Interview (PI) round.
As of 2019, the total student body consisted of fewer than 1000 students in the MBA, doctoral and executive programs.
IIM Ranchi is a completely student-driven business school. All the student bodies, such as Committees, Clubs, SIGs and Independent Bodies at IIM Ranchi, are managed by the students themselves and are governed by the Council for Student Affairs led by Senate members. They are responsible for spearheading student activities and acting as a liaison between the college administration and the students. The Council for Student Affairs also consists of seven Committee representatives, who along with Senate form the Student Council of IIM Ranchi.
There are a total of 7 Committees that form the backbone of IIM Ranchi's functioning namely:
There are a total of 9 Clubs which drive IIM Ranchi:
IIM Ranchi has 8 Special Interest Groups (SIGs), which are associations of like-minded students working towards attaining proficiency in a special interest.
IIM R also has independent bodies that function autonomously in tandem with Student Council to fulfil the institute's goals in various domains.
With events in the various business fields of finance, marketing, consulting, human resources and communications, organized in the form of case studies, quizzes, essays, debates and more, AGON draws huge participation from local and national colleges.
IIM Ranchi hosted its first leadership speak series named "Aarohan" on 8 January 2016 at Cockerel Stadium, Dipatoli cantonment, Ranchi. The idea of this is to invite role models across various fields to come and address the IIM Ranchi community, particularly the students. It is a leadership talk series aimed at student interaction with leaders and innovators of their respective fields to promote intellectual growth, stimulation and facilitate the development of a more inclusive world-view. Lt Gen Arun Kumar Sahni, Uttam Yudh Seva Medal, ADC, General Officer Commanding-in-Chief, South Western Command of Indian Army and Dr. Y.V.N. Krishna Murthy, Director, National Remote Sensing Centre, ISRO have been a part of the series
Colloquium is an annual series of guest lectures, where students of IIM Ranchi get an opportunity to interact with the industry leaders in finance, marketing, operations and HR that happen throughout the year. The speakers also deliver insights along with discussions on various contemporary issues faced by India.Some of the renowned speakers are: Mr. Amar Abrol, MD and CEO, AirAsia India. Mr. Amit Vaish, Director and Head HR, Barclays India. Mr. Satish Shah, Head of Human Capital, De Shaw India. Mr. Anirudh Patil, Director of Strategy & Operations, McKinsey & Co. Mr. Shashank Saxena, Vice President of Technology, Morgan Stanley.
IIM Ranchi being the only IIM to offer specialised course in Human Resource Management, have organised two HR conclaves themed as "Turning the tide on unrest in workforce " in 2012 and "Holistic Development of Human Capital" in 2011, leaders across industry discussed the challenges faced by organizations and the role of HR managers in solving those challenges. Dignitaries like K.A. Narayan, President-HR, Raymond, Mr. Sandeep Choudhary, Partner, Aon Hewitt, Mr. Partha Dasgupta, CEO, Apogee Leads, Mr. R. Sridhar, Vice President-HR, ITC Limited any many others discussed about HR practices.
Based on the themes "Connect," "Enthuse," and "Foster," Radix connects students with industry leaders. The aim is to facilitate a quality interaction among the experts and the students along with exchange of ideas regarding various industrial growth factors and the development of a shared vision for the future. Leaders from organizations such as KPMG, Ernst & Young, Lenovo, Godrej etc. have been a part of Radix 2017.
This two-day festival, the flagship of IIM Ranchi, includes events like Cricket, Lawn Tennis, Football, Athletics, Volleyball, Badminton (Men/Women), Table Tennis (Men/Women), Throwball, Theme Photography, Solo Dance, Duet Dance, War of Bands, T-shirt painting, Comedy Shayari etc.,