Indian Institute of Management Ranchi

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Indian Institute of Management Ranchi
Indian Institute of Management Ranchi.svg
MottoBahumukhvikaso gantavya
Motto in English
Working to bring change towards success, not only for one’s self, but also for the community.
Type Public Business School
Established15 December 2009;14 years ago (15 December 2009)
Chairman Pravin Shankar Pandya [1]
DirectorDr. Deepak Kumar Srivastava [2]
Academic staff
48 [3]
Students706 [3]
Postgraduates 602 [3]
104 [3]
Location
Ranchi
,
Jharkhand
,
India

23°23′0.19″N85°18′57.31″E / 23.3833861°N 85.3159194°E / 23.3833861; 85.3159194
Campus Urban
Website iimranchi.ac.in

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]

Contents

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, 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.

Campus

IIM Ranchi academic building on the permanent campus IIM Ranchi Academic Building.png
IIM Ranchi academic building on the permanent campus

From its establishment in 2009, IIM Ranchi operated from a temporary campus in Suchana Bhavan, behind the Governor House premises in the heart of Ranchi, with student hostels at Khelgaon. [8] In 2021 the institute shifted to its permanent campus, on a 60 acre plot in Dhurwa. [9]

Academics

Academic programmes

IIM Ranchi offers a master's degree in management as per the approval of the Indian Institute of Management Bill, 2017. [10] Students are awarded degrees under 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). [11] Further, IIM-R is now among the five IIMs to offer the five-year Integrated Programme in Management (IPM). [12]

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. [13] YCP sprung from 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 saw 500+ unique applications from across India, out of which a cohort of 95 youngsters participated in the 3-day flagship event on the IIM Ranchi campus. [14]

Young Changemakers Programme was expanded to invite international applicants in its second edition in December 2023. In the Global Edition, the number of applications jumped to over 3000. Participants were selected through rigorous shortlisting stages involving application review and quizzes. Ultimately, 300 of the most promising candidates advanced to the interview stage; 80 received the final offer letter. These included international participants representing 10 nations — South Korea, Singapore, Nepal, Bhutan, Tibet, the UAE, the US, the US etc. The organizers instituted new features to YCP 2.0, Travel and other costs for bright students from the Pestalozzi Children's Village Society, Dehradun were born through an internal fundraiser to ensure their participation. Besides financial aid, the Catalyst Partners Initiative also came into being, which aims to equip high-school teachers to replicate their own regional rural immersion bootcamps under the YCP banner. Various ceremonies of the 5-day programme saw the presence of eminent guests, including Dr Andrew Fleming, Sri Siddharth Tripathi IFS, Padma Shree & Padma Vibhushan Anil Joshi, and Padma Shree Ashok Bhagat.

Rankings

Institute rankings
Business/Management – India
NIRF (2023) [15] 24

IIM Ranchi was ranked 24 by the National Institutional Ranking Framework (NIRF) management ranking in 2023. [15]

Admissions

Admission to post-graduate courses at IIM Ranchi is done based on merit in the Common Admission Test (CAT) conducted by the IIMs. [16]

Student life

As of 2019, the total student body consisted of fewer than 1000 students in the MBA, doctoral and executive programs. [17]

Student bodies

IIM Ranchi is a faculty-driven student-executed business school.

There are a total of 7 Committees that form the backbone of IIM Ranchi's functioning namely: [18]

  1. Academic Committee
  2. Alumni and International Relations Committee
  3. Cultural Committee
  4. Media & PR Cell
  5. Sports Committee
  6. Student Facilities Committee
  7. Technology Committee

There are a total of 9 Clubs which drive IIM Ranchi: [19]

  1. The Marketing Club 'Marquess'
  2. The Finance Club 'Finopsis'
  3. The Operations and General Management Club 'Sankriya'
  4. The Social Responsibility Club 'Samarpan'
  5. The Consulting Club 'Conundrum'
  6. The Entrepreneurship Club 'E-Cell'
  7. The HR Club 'HiRe'
  8. The 'Literary Club' and
  9. The Analytics Club 'Digitalytics'

IIM Ranchi has 8 Special Interest Groups (SIGs), which are associations of like-minded students working towards attaining proficiency in a special interest. [20]

IIM R also has independent bodies that function autonomously in tandem with Student Council to fulfil the institute's goals in various domains. [21]

  1. UNGC-PRME IIM Ranchi
  2. IIM Ranchi Toastmasters
  3. Visual Branding and Content Body (VBCB)
  4. Institute's Innovation Council - IIM Ranchi
  5. Counseling Cell
  6. Gender Sensitization Committee
  7. Placement Committee has a responsibility to foster corporate relations and conduct of the summer and final placement process. [22]

Conclaves and Conferences

AGON - The Annual Management Fest

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. [23]

AAROHAN Leadership Speak Series

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 [24]

Colloquium

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. [25]

HR Conclave

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. [26]

RADIX- The Annual Business Conclave

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. [27]

RUSH- The Annual Sports and Cultural Fest

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., [28]

See also

Related Research Articles

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References

  1. ↑ Pathak, Vikas (16 September 2017). "Four IIMs to get new chairmen". The Hindu . Retrieved 11 October 2017.
  2. ↑ "Director's Message" . Retrieved 14 July 2017.
  3. 1 2 3 4 "NIRF 2022" (PDF). IIM Ranchi.
  4. ↑ "Successful-Summer-Placement".
  5. ↑ "IIM-R-gets-a-Home".
  6. 1 2 "MHRD notification".
  7. ↑ "30 central univs, 8 IITS, 7 IIMS to be set up in the 11th plan".
  8. ↑ Gupta, Amit (17 March 2010). "15000 line up to join Ranchi IIM". Calcutta, India: Telegraphindia.com. Archived from the original on 22 March 2010. Retrieved 25 February 2012.
  9. ↑ "IIM-Ranchi to move to permanent campus after Dussehra". www.telegraphindia.com. 29 September 2021. Retrieved 23 December 2022.
  10. ↑ "Cabinet Approves IIM Bill". Indian Express. Retrieved 4 February 2017.
  11. ↑ "IIM Ranchi to start part-time PGPEX for local companies". pagalguy.com. 6 July 2011. Retrieved 18 August 2011.
  12. ↑ "IPM | About IPM | About IPM". www.time4education.com. Retrieved 19 January 2021.
  13. ↑ "IIM Ranchi to become first among 20 Indian Institutes of Management to launch Young Changemakers Program". www.telegraphindia.com. Retrieved 2 November 2023.
  14. ↑ "Students' study tour on tribal problems ends". The Times of India. 29 May 2023. ISSN   0971-8257 . Retrieved 5 March 2024.
  15. 1 2 "National Institutional Ranking Framework 2023 (Management)". National Institutional Ranking Framework . Ministry of Education. 5 June 2023.
  16. ↑ "Indian Institute of Management (IIMs) - Common Admission Test (CAT) 2012" (PDF). Retrieved 10 August 2012.
  17. ↑ "IIM Ranchi - Annual Report 2018-19" (PDF). Retrieved 3 January 2021.
  18. ↑ "Student Committees | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  19. ↑ "Student Clubs | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  20. ↑ "Self-Interest Groups | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  21. ↑ "Independent Bodies | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  22. ↑ "Placement Committee | IIM Ranchi". www.iimranchi.ac.in. Retrieved 12 March 2020.
  23. ↑ "AGON IIM RANCHI". www.agon-iimranchi.com. Retrieved 3 September 2017.
  24. ↑ "AAROHAN Leadership Speak Series | IIM Ranchi". www.iimranchi.ac.in. Retrieved 3 September 2017.
  25. ↑ Pioneer, The. "Colloquium 2014-15 kicks off at IIM Ranchi". The Pioneer. Retrieved 3 September 2017.
  26. ↑ "HR conclave at IIM Ranchi". The Times of India . Archived from the original on 19 November 2013.
  27. ↑ "Radix IIM RANCHI". www.radix-iimranchi.com. Retrieved 3 September 2017.
  28. ↑ "RUSH IIM RANCHI". www.rush-iimranchi.com. Retrieved 3 September 2017.

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