IIM Ranchi sees 33% rise in domestic salary package
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Ranchi: The Indian Institute of Management (IIM), Ranchi recorded a 33% increase in the
cost-to-company
(CTC) offered by domestic firms compared to last year. The achievement is detailed in the
Final Placement Report 2024-25
, which was officially released on Wednesday.Ninety-six companies participated in the placement process.
The top 10% of students recorded a 7.7% rise in average CTC, while the top 25% witnessed a 6.6% increase compared to the previous year.The highest annual package was bagged by an MBA student, at Rs 50.39 lakh per annum.
Among the MBA cohort, 81 companies extended offers, with 59% of the students being freshers and 31% being women. The average package for the top 25% stood at Rs 26.79 lakh, and the overall average CTC reached Rs 19.29 lakh. 19.8% of MBA students received Pre-Placement Offers at an average CTC of Rs 20.85 lakh.While releasing the report, IIM director Deepak Kumar Srivastava said, "The integration of specialised and diverse courses such as AI strategy, strategic HRM, design thinking, and rural marketing enabled students to develop the cross-functional skills demanded by contemporary organisations. This comprehensive academic training was instrumental in preparing students to tackle real-world business challenges."
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