Indian Institute of Management (IIM), Ranchi Fees Overview

The Indian Institute of Management Ranchi offers several management programs for students seeking careers in management. All these programs have a different fee structure, according to their duration. For example, the IIM Ranchi Fees for MBA, MBA-HR, & MBA-BA are INR 19.20 lakhs (excluding mess expense). 

They cover severa items, including the acceptance fee, tuition fee, caution deposit, alumni fee, and more. Furthermore, the highest salary package for the academic year 2024-25 for the MBA course is INR 50.39 LPA, and the average salary is INR 19.29 LPA.

The IIM Ranchi fees also follow the course duration, some of which can be two years for MBA, five years for IPM, a doctoral programme of four years, and an executive doctoral programme of three years. Furthermore, the institution allows students to pay the fee term-wise.

Indian Institute of Management Ranchi Fee Highlights

The institute offers different courses, such as IPM(Integrated Programme BBA+MBA in Management), Master of Business Administration (MBA), Master of Business Administration-Business Analytics (MBA-BA), Master of Business Administration-Human Resource Management, and others. Below is a table that shows the IIM Ranchi Courses and their fees:

Course 

Fee for Indian Students

IPM (Integrated Programme BBA+MBA in Management)

INR 17,55,000 (5 years)

MBA/MBA HR/MBA BA

INR 19,20,000 (excluding mess fee) (2 years)

Executive MBA 

INR 12,70,000 (including caution deposit and alumni membership)

Executive PhD

INR 18,50,000 (3 years)

IIM Ranchi IPM Fee Structure

Below is a table showing the IIM Ranchi Fees for BBA-MBA, which is the Integrated Programme in Management. It is a five-year programme that will be awarded a Master of Business Administration (MBA) degree at the end of the 5-year programme. The total programme fee for this course is INR 17,55,000.

IIM Ranchi Fees IPM includes acceptance fee, tuition fee, caution deposit, alumni fee, and student activity. Furthermore, the caution deposit, which is part of the Indian Institute of Management Ranchi Fees, is refundable at the time of leaving the institute. The IIM Ranchi Fees Structure for the IPM session of 2025-30 is given below:

Serial Number

Term

Tuition Fee

Caution Deposit

Alumni Fee

Student Activity 

Grand Total 

 

Acceptance Fee

INR 1,10,000

   

INR 1,10,000

1.

Term-1

INR 80,000

INR 20,000

INR 10,000

INR 15,000

INR 1, 25,000

2.

Term-2

INR 1,90,000

   

INR 1,90,000

3. 

Term-3

INR 1,90,000

   

INR 1,90,000

4.

Term-4

INR 1,90,000

   

INR 1,90,000

5. 

Term-5

INR 1,90,000

   

INR 1,90,000

6. 

Term-6

INR 1,90,000

   

INR 1,90,000

7.

Term-7

INR 1,90,000

   

INR 1,90,000

8.

Term-8

INR 1,90,000

   

INR 1,90,000

9. 

Term-9

INR 1,90,000

   

INR 1,90,000

Total 

INR 17,10,000

INR 20,000

INR 10,000

INR 15,000

INR 17,55,000

IIM Ranchi MBA/MBA HR/MBA BA-Fee Structure

If a candidate wants to be a part of the IIM Ranchi Admissions, they must know all the information related to the MBA programme, which is the flagship programme of this institute. 

Below is a table that mentions the IIM Ranchi Fees MBA (Master of Business Administration) program for the batch 2025-27, excluding the Mess Expense. Furthermore, the total IIM Ranchi Fees for MBA 2 years is INR 19,20,000.

The acceptance fee for IIM Ranchi Fees for MBA, has to be deposited through online payment mode while accepting the admission offer. It will be treated as a Tuition fee for the 1st term.

Particulars 

1st Term 

2nd Term

3rd Term 

4th Term 

5th Term 

6th Term 

Total

Acceptance Fee

INR 1,10,000

-

-

-

-

-

INR 1,10,000

Tuition Fee

INR 2,05,000

INR 3,15,000

INR 3,15,000

INR 3,15,000

INR 3,15,000

INR

3,15,000

INR 17, 80,000

Caution Deposit

INR 20,000

-

-

-

-

-

INR 20,000

Alumni Fee

INR 10,000

-

-

-

-

-

INR 10,000

Total 

INR 3,45,000

INR 3,15,000

INR 3,15,000

INR 3,15,000

INR 3,15,000

INR 3,15,000

INR 19,20,000

IIM Ranchi MBA (Executive) Fee Strcuture

The IIM Ranchi fees structure for the MBA (Executive) program for the 2025-27 session is INR 12,50,000. Executive MBA IIM Ranchi Fees also have a refundable caution deposit of INR 10,000 and an alumni membership fee of INR 10,000. These are as per the Government of India rules. Below is a table that shows a column of amount & payment deadline. 

Amount 

Payment Deadline

INR 1,45,000

During acceptance of admission offer (inclusive of caution deposit and alumni fee)

INR 2,25,000

At the start of Term 1

INR 2,25,000

At the start of Term 2

INR 2,25,000

At the start of Term 3

INR 2,25,000

At the start of Term 4

INR 2,25,000

At the start of Term 5

IIM Ranchi Executive PhD Programme-Fee Structure

The Executive PhD programme is one of the IIM Ranchi Courses designed for senior executives who wish to enhance their research capabilities while continuing their professional careers. It is a three-year doctoral programme in an executive format. Below is a table that showcases the IIM Ranchi Fees 2026 fee structure of this programme.

Acceptance Fee (At the time of admission)

INR 1,00,000

Module 1 Fee (Before Term 1) + Security Deposit taken from the student

INR 6,00,000+50,000

Module 2 Fee (Before Term 2)

INR 6,00,000

Module 3 Fee (Before Term 3)

INR 5,00,000

Note: All the fee installments are non-refundable except the refundable security deposit of INR 50,000. 

IIM Ranchi Scholarships

Students who want to get admission into IIM Ranchi but are facing financial difficulties can avail themselves of the scholarships available to them. 

Merit Cum Means Scholarship

IIM Ranchi is supporting meritorious students by offering 25 prestigious scholarships across MBA, MBA-HR, MBA-BA, and IPM. They are designed to uplift and encourage academically strong students who are facing financial constraints. The value of the merit-cum-means scholarship is around INR 1 Crore every year. 

PM Yasasvi Central Sector Scheme 

It is a scheme for OBC, EBC, and DNT Students initiated by the Department of Social Justice & Empowerment (Backward Classes), Government of India. Below is a list of important details:

  • Scheme Opens: 2nd June 2025

  • Last Date to Apply: 31st October 2025

  • Defective Application Verification: 15th November 2025

  • Institute Verification: 15th November 2025

  • DNO/SNO/MNO Verification: 30th November 2025

Candidates who have applied for this scholarship should submit all the required documents to the Scholarship Cell, IIM Ranchi, to support timely verification.

Financial Support for Doctoral Students

Indian Institute of Management offers financial and other support that has been mentioned below: 

  1. The Institute offers financial support for 4 years.

  2. Tuition Waiver for the entire program.

  3. Rent-free accommodation for Bachelor's and married single students on campus. 

  4. Furthermore, a stipend of INR 35,000 per month for the first two years. Once students qualify the comprehensive examinations in the second year, will be raised to INR 40,000 per month for the remaining period.

  5. Contingency allowance of INR 100,000 has been spread over 4 years, so that students can purchase their books, stationery, printer, pen drives, computer tablet, internal/external hard disks, security software, and more.

  6. Students also get INR 50,000 in the first & second year for the purchase of a computer and software & and other peripherals.

Government Scholarships (through National Scholarship Portals)

Other than the scholarships offered by IIIM Ranchi, students can apply to the National Scholarship Portals. One such scholarship is â€˜National Fellowship and Scholarship for Higher Education of ST Students (Top Class Education).’

This scholarship is offered by the Ministry of Tribal Affairs, and students belonging to the Scheduled Tribes with parental income below INR 6 LPA can apply for this scholarship. Students who apply for this scholarship get benefits such as a waiver of the tuition fee, hostel fee, books, and living expenses.

State Government Scholarships

Students who want scholarships must apply through the state portals or as per guidelines issued by their state government. Below is a table mentioning the state, scholarship name, and key eligibility criteria:

State 

Scholarship Name 

Eligibility Criteria

Jharkhand 

E-Kalyan Scholarship 

Candidates from the reserved categories should be residents of Jharkhand

Furthermore, income limits apply as well

Bihar 

Post-Matric Scholarship 

Income-based and applicable to reserved category students

West Bengal 

Swami Vivekananda Merit-cum means Scholarship 

Income below INR 2.5 LPA, and they should be a resident of West Bengal

Uttar Pradesh 

UP Post-Matric Scholarship 

Income-based and applicable to the reserved category

Maharashtra 

Rajarshi Chhatrapati Shahu Maharaj Shikshan Shulkh Shishyavrutti Yojna

Domicile in the particular state, tuition fee & exam fee scholarship

Chattisgarh 

Post-Matric Scholarship

Income Restrictions apply, and it is available for students from the reserved category

Rajasthan

Post-Matric Scholarship(Social Justice Department)

Students of the SC/ST/OBC living in the state of Rajasthan

Madhya Pradesh

Mukhya Mantri Medhavi Vidyarthi (MMMVY)

75% in the 12 class, domiciled in the state of Madhya Pradesh. 

Students with less than 6 LPA income

Assam, Manipur, Mizoram, etc. 

State-specific scholarships for ST/SC/OBC/Minority

Vary by domicile and the student’s income

Frequently Asked Questions

Admission 2026, Cutoffs, Courses, Fees, Placements and Rankings
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Indian Institute of Management Ranchi

Admission 2026, Cutoffs, Courses, Fees, Placements and Rankings

Indian Institute of Management Ranchi : Admission 2026, Cutoffs, Courses, Fees, Placements and Rankings

Ranchi, Jharkhand
Approved By:MHRD
Government
Estd: 2010
Gender: Coed
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