IIM Ranchi Fees and Scholarship 2024, Full Details

IIM Ranchi Fees and Scholarship – IIM Ranchi charges a tuition fee for its management programs. However, the institute provides various scholarships to deserving students based on academic performance and financial need. These scholarships aim to support students in pursuing their education and achieving success in their chosen fields.

IIM Ranchi Fees

IIM Ranchi provides different courses for students, both for undergraduates and postgraduates. To get into these courses, students need to meet certain requirements set by the college. The fees for the courses vary, ranging from INR 80,000 to INR 1,610,000. Below is a list of all the courses at IIM Ranchi with their fees and eligibility details.

Courses	Tuition Fees	Eligibility
MBA/PGDM (4 courses)	15.5 L – 16.1 L	10+2 : 60 %Graduation : 50 % Exams : CAT IPMAT+1 More
Certificate (3 courses)	80 K	Graduation : 50 %
BBA (1 course)	15.5 L	10+2 : 60 % Exams : IPMAT SAT India
Executive MBA/PGDM (1 course)	6.5 L	Graduation : 50 %

IIM Ranchi Fees Full Details

IIM Ranchi provides more than 8 courses for both undergraduate and postgraduate students. The fees for these courses cover various things like tuition, hostel, etc., and differ for each course. Some fees are paid every semester, while others are one-time payments. It’s important to know that these fees are taken from the official website but may change. Here is a breakdown of IIM Ranchi fees for some popular courses.

Course Name	One-Time Fee	Tuition Fee
MBA/PGDM	INR 140,000	INR 1,610,000
BBA	INR 20,000	INR 1,548,000
Certificate	NA	INR 80,000 – INR 400,000
Executive MBA/PGDM	INR 20,000	INR 1,250,000

IIM Ranchi Fees – All Programs

Course Name	Total Fees
MBA	₹17.30 L
Ph.D Management	–
MBA Human Resource Management	₹17.30 L
Risk Management	₹27.30 K
MBA Business Analytics	₹17.30 L
HR for Non HR Managers	₹27.30 K
Analysis for Strategic Marketing Decisions	₹27.00 K
Digital and Marketing Communications in Business Markets	₹19.20 K
Data Analytics with Python	₹19.20 K
Lean Six-Sigma Black Belt	₹30.00 K
Corporate Governance in Changing Times	₹27.30 K
Executive MBA	₹12.60 L
Communication Strategies for Leaders	₹19.20 K
Supply Chain Management	₹43.50 K
Leading Change for Managerial Effectiveness	₹27.30 K
Revenue Management and Dynamic Pricing	₹27.30 K
Predictive Modeling in Analytics Using R	₹35.40 K
Strategic Cost Management	₹35.40 K
Leadership and Decision Making Skills	₹19.20 K
Project Management	₹27.30 K
Advanced Marketing Research for Segmentation and Positioning	₹15.00 K
Developing Human Resource Business Partner	₹27.30 K
Managing Corporate Social Responsibility	₹27.30 K
Enhancing Managerial Effectiveness Through Leadership, Performance Excellence and Innovation	₹19.20 K
Leadership Skills	₹27.30 K
Executive Ph.D	₹6.00 L
BBA MBA	₹15.73 L
Certificate Program in Financial Analytics	₹67.80 K
Neuromarketing for Practitioners	₹19.20 K
Project and Procurement Management	₹35.40 K
Project Analysis, Appraisal and Financing	₹35.40 K
Certificate Programme in Business Analytics and Business Intelligence	₹4.00 L
Finance for Non Finance Executives of PSEs	₹43.50 K
Executive PGPM	₹12.60 L
Natural Language Processing NLP in Business Analytics	₹19.20 K
E Governance	₹43.50 K
Finance for Decision Making	₹35.40 K
Process Improvement and Quality in the Digital Age	₹35.40 K
Advance Manufacturing Process Analysis	₹19.20 K
Managing Organizational Change	₹27.30 K

IIM Scholarship

IIM Ranchi is the 9th IIM and is considered one of the top business schools in India. The institute provides scholarships through different government departments and ministries. Here are some of the financial aid programs available at IIM Ranchi offered by the Government of India.

Name of Scholarship	Scholarship Amount (in INR)
National Fellowship and Scholarship for Higher Education of ST Students	31,000
Merit-cum means based Scholarship Scheme belonging to the Minority Communities	20,000
Central Sector Scholarship Scheme of Top Class Education for SC Students	N.A.
Scheme of Scholarship for Top Class Education for Students with Disabilities.	Up to 2 lakhs per year
Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana- Department of Higher Education	12,000 (Graduation Level) 20,000 (Post Graduation Level)

1. Scholarship Name: National Fellowship and Scholarship for Higher Education of ST Students
2. Provided By: Ministry of Tribal Affairs
3. Purpose of the Scholarship:
   • The scholarship aims to provide financial support to students belonging to Scheduled Tribes (ST) who are pursuing higher education in courses such as MPhil, Ph.D., or integrated M.Phil + Ph.D.
4. Eligibility Criteria:
   • Students must have a minimum aggregate of 55% marks in their postgraduate (PG) level studies from a recognized university.
5. Selection Process for IIM Ranchi Scholarships:
   • Eligible students for IIM Ranchi Scholarships are chosen based on their academic merit.
6. Income Criteria:
   • There is no minimum income criterion for students eligible under the National Fellowship Programmes.
7. Age Limit:
   • Applicants should be below 36 years old as of the first day of July of the relevant year for the scholarship award.
8. Available Scholarship Seats:
   • There are a total of 750 scholarship seats.

IIM Scholarship – National Fellowship

Course	Stream	Scholarship (in INR)	Contingency Annually (in INR)
M.Phil	Humanities and Social Sciences	31,000 /-	10,000 /-
	Science / Engineering Technology		12,000 /-
Ph. D	Humanities and Social Sciences	Rs.31000/- for first two years and Rs.35000/- for remaining 3 years	20,500 /-
	Science / Engineering Technology		25,000 /-
HRA for all the courses (monthly): Equal to UGC rates [8% or 16% or 24% based on city*
Escort Allowance for Divyanjan (monthly): INR 2000/- (at par with UGC rates)*

IIM Scholarship – Merit Cum Means Scholarship

Item	Existing Amount
Course Fee	INR 20,000/- per annum (for both Hosteller & Day-Scholar)
Maintenance Allowance	INR 1,000/-* per month (Hosteller) INR 500/-* per month(Day Scholar)

IIM Scholarship – Central Sector Scholarship Scheme

1. Scholarship Name: Central Sector Scholarship Scheme (CSSS) of Top Class Education for SC Students
2. Provided By: Ministry of Social Justice and Empowerment
3. Purpose of the Scholarship:
   • The CSS Scheme offers financial support to bright students from Scheduled Caste (SC) backgrounds who want to pursue degree programs.
4. Eligibility Criteria:
   • Students should have an annual family income of up to INR 4.5 lakh to qualify for the CSS Scholarship.
5. Financial Coverage:
   • The scholarship covers important expenses such as tuition fees, non-refundable charges, lodging & boarding charges, books & stationery charges, and the cost of IT equipment for the first year.
6. Application Process:
   • Eligible students can apply through the National Scholarship Portal (NSP) at https://scholarships.gov.in when the scholarships become available.

IIM Scholarship – Scheme of Scholarship for Top Class Education for Students with Disabilities

1. Scholarship Name: Scheme of Scholarship for Top Class Education for Students with Disabilities
2. Eligibility Criteria:
   • The scholarship is available for students with disabilities (SwD) pursuing a graduate or postgraduate program in a recognized institute.
3. Income Eligibility:
   • Students with a gross family income of less than INR 6,00,000 per annum are eligible to apply for the scholarship.
4. Total Scholarship Seats:
   • There are a total of 300 scholarship seats available under this scheme.

Components of Scholarship	Rates per Awardee
Reimbursement of tuition fee and non-refundable charges	Up to INR 2.00 lakh – per annum
Maintenance Allowance	INR 3,000 /- per month for hostellers, INR 1,500/- per month for day-scho
Special Allowances (related to types of disabilities like reader allowance, escort allowance, helper allowance etc.)	INR 2,000 per month
Books and Stationary	INR 5,000 /- per annum
Reimbursement of expenses- Purchase of a computer with accessories	INR 30,000/- as a one-time grant for the entire course.
Reimbursement of expenses- Purchase of Aids and Assistive Devices including necessary software related to the particular disability	INR 30,000/- as a one-time grant for the entire course.

IIM Scholarship – Pradhan Mantri Uchchatar Shiksha Protsahan

1. Scholarship Name: Pradhan Mantri Uchchatar Shiksha Protsahan (PM-USP CSSS) Yojana
2. Provided By: Department of Higher Education
3. Scheme Details:
   • A component scheme known as the Central Sector Scheme of Scholarships for College and University Students (PM-USP CSSS).
4. Eligibility Criteria:
   • Students with a gross parental/family income of up to Rs. 4.5 lakh per annum are eligible for the scholarship under this scheme.
5. Renewal Criteria:
   • Students who score at least 50% marks in the Final Examination and maintain at least 75% attendance are eligible for the renewal of the scholarship in the next academic year.

Qualification	Scholarship Amount (in INR)
Graduation	12,000
Postgraduate	20,000
Integrated Courses (5 years)	20,000 in 4th and 5th year

IIM Fees and Scholarship – Frequently Asked Question