Every year, lacs of MBA aspirants find themselves at a junction of doubt. They face a dilemma in making a choice between two equally good B-schools. When it comes down to IIM Raipur vs IIM Ranchi, the decision is surely not always black and white. Both are part of the prestigious Indian Institutes of Management network, they do have differences. Undoubtedly, they share academic excellence and career opportunities but each offers unique experiences that can significantly shape your career in the long run. The placements are also equally compelling. For the batch of 2025, IIM Ranchi has hit an average of 19 LPA whereas IIM Raipur stood at 21 LPA. With not much difference, the IIM Raipur vs IIM Ranchi battle gets stronger. Read the article in detail to more about these colleges and choose what is best for you.
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IIM Ranchi vs IIM Raipur – Placement Reports for 2023–25 Batch
When it comes to placements, IIM Raipur vs IIM Ranchi game gets even stronger. They have been delivering strong numbers in recent years and are surely building the recruiter trust. Given as per the data of 2025, below is the placement analysis in detail for these two colleges.
Overall Placement Statistics
| Metric | IIM Raipur | IIM Ranchi |
| Highest CTC | ₹67.60 LPA | ₹67 LPA |
| Average CTC | ₹21.04 LPA | ₹18.80 LPA |
| Median CTC | ₹20.00 LPA | ₹17.30 LPA |
| Top Recruiting Domains | Consulting, BFSI, IT/Analytics | Consulting, HR, FMCG, IT/Analytics |
| Major Recruiters | Bain, Deloitte, Vedanta, Accenture, ICICI Bank | PwC, EY, Flipkart, Vedanta, ICICI Bank |
Both the institutes have grown year-on-year and have shown remarkable growth in terms of average salary, highest salary and number of recruiters.
Domain-wise Placement Breakdown
Let us now take a closer look at how placements look across different domains:
Consulting
| Aspect | IIM Raipur | IIM Ranchi |
| % of Batch Placed | ~28% | ~25–27% |
| Average CTC | ~₹22–25 LPA | ~₹20–24 LPA |
| Key Recruiters | Bain, Deloitte, Accenture, Cognizant | EY, PwC, KPMG, ICICI Bank |
Finance & BFSI
| Aspect | IIM Raipur | IIM Ranchi |
| % of Batch Placed | ~15% | ~14–16% |
| Average CTC | ₹18–21 LPA | ₹17–19 LPA |
| Key Recruiters | ICICI Bank, SBI Capital, HDFC, Yes Bank | ICICI Bank, Tata Capital, Paytm, Fintechs |
IT/Analytics
| Aspect | IIM Raipur | IIM Ranchi |
| % of Batch Placed | ~15–18% | ~15–18% |
| Average CTC | ₹19–22 LPA | ₹18–21 LPA |
| Key Recruiters | Capgemini, EXL, TCS, Media.net | Wipro, EXL, Media.net, Flipkart |
Sales & Marketing
| Aspect | IIM Raipur | IIM Ranchi |
| % of Batch Placed | ~10% | ~10–12% |
| Average CTC | ₹17–20 LPA | ₹16–19 LPA |
| Key Recruiters | Marico, ITC, Tata Steel, Berger Paints | HUL, PhonePe, Tata Steel, Meesho |
General Management & Leadership Roles
| Aspect | IIM Raipur | IIM Ranchi |
| % of Batch Placed | ~8% | ~6–8% |
| Average CTC | ₹22–25 LPA | ₹20–23 LPA |
| Key Recruiters | Vedanta, L&T, Adani, JSW | Tata Steel, JSW, Reliance, Mahindra |
HR (Specific to IIM Ranchi)
| Aspect | IIM Raipur | IIM Ranchi |
| Program Availability | General PGPM only | MBA – HRM (Specialized HR Program) |
| % of Batch Placed | Not Applicable | ~100% in HR batch |
| Key Recruiters | – | Deloitte, Capgemini, Wipro, Tata Steel |
These data surely tilt the scale slightly towards IIM Raipur in the battle of IIM Raipur vs IIM Ranchi. However, this is not a hard and fast verdict that Ranchi is not performing well. It is a matter of a few years, Ranchi will also be crossing the 20 LPA average salary mark.
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Batch Profile IIM Ranchi vs IIM Raipur – Diversity
While placement figures and brand names catch immediate attention, the batch profile of a B-school plays is equally important and cannot be ignored. The mix of students in terms of gender, academic background, work experience and others directly impacts personal growth at a B-School.
Gender Diversity – IIM Ranchi vs IIM Raipur
| Institute | Male (%) | Female (%) | Notable Mention |
| IIM Raipur | 39% | 61% | Strong female representation – rare yet commendable |
| IIM Ranchi | 72% | 28% | Improving numbers, especially in MBA core (31%) |
IIM Raipur leads impressively in gender diversity, with more than 60% of its batch being female. IIM Ranchi, though currently more male-dominated is showing improvement year-on-year which is a good sign in the long-term.
Academic Background
| Academic Stream | IIM Raipur (%) | IIM Ranchi (Approx. %) |
| Engineering | 36% | ~65% |
| Commerce & Finance | 24% | ~15% |
| Science | 21% | ~10% |
| Arts/Humanities | 10% | ~7% |
| Others (Law, Medical, etc.) | 9% | ~3% |
In the battle of IIM Raipur vs IIM Ranchi, IIM Raipur has a more balanced academic distribution with a good chunk of non-engineers. IIM Ranchi, like most B-schools, is engineering-heavy, however is slightly better in HR and BA programs.
Work Experience Distribution
IIM Raipur
| Experience Range (Months) | % of Students |
| 0–11 | 57% |
| 12–23 | 11% |
| 24–35 | 28% |
| 36+ | 4% |
IIM Ranchi (MBA Core)
| Experience Range (Months) | % of Students |
| 0 (Freshers) | 59.8% |
| 1–11 | 3.8% |
| 12–23 | 22.9% |
| 24–35 | 11.0% |
| 36+ | 2.5% |
Both institutions are for sure freshers-friendly, with over 55% of their batch comprising fresh graduates.
Brand and Legacy – IIM Ranchi vs IIM Raipur
IIM Raipur: Established back in 2010, IIM Raipur is one of the newer members of the IIM family. However, it has made a mark quickly with its strong academic rigour and industry connects. It has been successful in receiving multiple national-level recognitions and rankings. Hence, climbing the ladder of successful B-School very quickly.
IIM Ranchi: Also founded in 2010, IIM Ranchi is yet another member of the second-generation IIMs. It was mentored by IIM Calcutta in its early times and has since then, it has built a solid academic foundation. What sets Ranchi apart is its strength in HR domain. IIM Ranchi is the first college (Under IIMs) to offer a specialized MBA – HRM program.
Location Advantage – IIM Ranchi vs IIM Raipur
IIM Raipur: Located in the capital city, IIM Raipur surely enjoys the serenity and planned infrastructure of one of India’s smart cities. While the city isn’t a corporate hub yet, the campus environment is very conducive to focus academically. Additionally, with the growing name of IIM Raipur, long-term infrastructure development is also promising.
IIM Ranchi: Situated in the capital city of Jharkhand, IIM Ranchi benefits from being in an urban setup with close proximity to companies in steel, mining and allied industries. Although not as commercially like a metropolitan city, IIM Ranchi does provide decent opportunities when it comes to academics and other facilities.
This is one of the IIM Raipur vs IIM Ranchi factors that you may consider while picking up a college.
Alumni Network
IIM Raipur: With over a decade of graduates, IIM Raipur’s alumni base is growing at a good pace. It has steadily grown across all domains including consulting, finance, marketing and operations. While not as vast as older IIMs, the network is well-knit and responsive, which is well reflected in the placements (summers and final placements both).
IIM Ranchi: Thanks to its head-start in HR and tie-ups with IIM Calcutta, IIM Ranchi has successfully built a strong alumni base over the past 15 years. It is now attracting top companies in their placement seasons, providing all the opportunities to the cohort.
However, if you are considering to make a career in the field of Human Resources, IIM Ranchi stands out. However, for general MBA, both institutes have comparable alumni base.
Campus Infrastructure – IIM Raipur vs IIM Ranchi
IIM Raipur: The institute has recently shifted to a fully residential campus in New Raipur with state-of-the-art classrooms, hostels and recreational facilities. It is taking its steps in creating a student-friendly ecosystem. The green, tech-enabled campus aligns well with modern educational needs and IIM Raipur is doing it just right.
IIM Ranchi: Currently operating from a temporary campus, IIM Ranchi is developing its permanent campus at HEC Area. Although the existing infrastructure is functional and efficient, but given the brand of an IIM, IIM Ranchi is surely lagging a bit. However, needless to say, all the minimum facilities are well in place and students face no shortfall in any capacity.
Coming to the IIM Raipur vs IIM Ranchi battle, IIM Raipur enjoys a more stable infrastructure setup as of now. Additionally, Ranchi is all set to level up once its permanent campus is fully operational.
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Final Thoughts: Which One Should You Choose?
Both IIM Raipur and IIM Ranchi are fantastic choices for MBA aspirants looking to shape their careers in the field of management. As of today, IIM Raipur slightly edges out IIM Ranchi is terms of average placement statistics and a fully functional campus with state of art facilities. However, if you are someone who is eyeing to build a career in Human Resources or Business Analytics, IIM Ranchi should be your priority. The unmatched exposure at IIM Ranchi for these two fields brings in top-class placements for the cohort. At the end, both the IIMs are equally good in their league and it is you who should choose the one which fits for you.
