Indian Institute of Management, Ranchi was established in 2010.

The ninth Indian Institute of Management was established at Ranchi in 2009. This was made possible with the extensive support of the Indian Institute of Management Calcutta and the Government of Jharkhand, working under the guidance of Ministry of Education, Government of India.

We started at a time when the management education world over was criticized for over emphasis on competition, aggression and achievement of results by any means. The biggest challenge was to revive the aura and exclusivity of classroom-teaching in an era ruled by the advent of technology in education as well. There was an evident void in terms of fulfilling the requirements of firms that employ management students.
It was of utmost importance to re-build the curriculum so as to bridge the gap between what was taught and what was needed in the actual business circles. Moreover, it became all the more important to imbibe in students the feeling of returning to the society. We understood the need to incorporate right values in the young minds and also impart education relevant for an information age that encourages networking and collaborative advantage. Also we decided to build contextual knowledge into the programs.

IIM Ranchi currently offers a two year MBA in General management, which is our flagship programme. Going by the growing importance and indispensability associated with human resources, we are the only IIM offering a full-time two year programme in Human Resources Management (MBA-HR). We also offer Fellow Program in Management (FPM), a fellowship programme funded by the government and an 24-month part time Diploma in Management (PGEXP). Our programs are carried out in a world-class fashion with students being exposed to case-studies, relevant projects and relevant industry experience apart from class pedagogy.

We aim at creating efficient managers and business leaders. We strive to ensure that our students develop the right skills required to sustain and grow in any organization. An equal weight is also given on developing the right values and attitude in students to help them sail through times of trial and turbulence. We pay keen attention towards cultivating a winning spirit, which is why they are encouraged to participate in standard competitions on all platforms. At the same time, we also take efforts in preparing the students for the future by teaching courses on emerging trends and areas like neural networks, analytics and energy management.

In sum, IIM Ranchi proudly lays claims on

Thus IIM Ranchi prides itself in its carefully designed curriculum, a values-oriented approach and a holistically nurturing environment. Our programs are aimed at grooming students to enable them to face challenges of the real world; to make them efficient leaders who are grounded and humble; to instil in them the quest for excellence and not just for achievement. Having said that, with a pool of immensely talented students, guided by the most competent and capable faculty, we are truly an institute with a difference.

VISION

In pursuit of multifaceted and holistic development.

MISSION

IIM Ranchi is committed to support excellence in management education and research that positively impacts people, organizations, and society.

The mission has two core objectives.

Educating and supporting leaders who can contribute as professional managers, entrepreneurs, and stewards of existing and emerging enterprises in the private, public, and social sectors.

Carrying out research, publication, consultancy, and advisory work to advance new knowledge and innovation and to provide thought leadership in management theory and practice.

CORE VALUES

Humility, Honesty and Hard work for individual and corporate success.