B LEAKS: IIM RANCHI
B Leak : First of All Thank you for giving your time to B Leaks. I Hope you are doing great.
We know IIM RANCHI has few best placements in these days, please answer all questions considering average placements and profiles
B Leak: How’s Life at IIM RANCHI ? First Year and Second Year Life ?
IIM Ranchi Student / Alumnus : It is great. However, it was not as hectic as I thought it would be. First term was relatively packed because of the seniors’ sessions but after then it was ok.
B Leak: IIM RANCHI does not have a good infra (compare to its own league of B-School – campus). So young generation feels it is not a good B-School, and not have a great life. What do you think, IIM RANCHI miss the B-School life ?
IIM Ranchi Student / Alumnus : The infra is not that a problem. The hostel is top class. Only problem is, it is a little far from the college.
B Leak: IIM RANCHI is not an IIM but categorized as new IIM – what’s your take on this – Are new IIMs are not having the actual “IIM” thing?
IIM Ranchi Student / Alumnus : Not really thinking about it. After 10 years it will be considered old IIM.
B Leak: How’s HR course of IIM Ranchi ? In one of our leak it is found that summers is good but final is just ohke of this course. What’s your take.
IIM Ranchi Student / Alumnus : True! Summers are good but finals we face problems but that is true about other HR colleges (including XLRI as well). In all, the average stipend for HR>DM for summers but not for finals.
B Leak: Almost every year students join top ranked B Schools after taking CAT & XAT again? They paid Rs 7 laks + and move to another B Schools – Means there is something wrong in IIM –Ranchi ? What do you think ?
IIM Ranchi Student / Alumnus : Placements are random! That is the only thing I can see. But this is a huge problem . There is no placement week because it being a new IIM.
B Leak: I have heard that sometimes seniors take classes of juniors, this is a good move – but only few are good sessions and rest are just ohke?
IIM Ranchi Student / Alumnus : No Only good seniors take classes. And those are mandatory only in the first month post which it depends on a student whether to attend them.
B Leak: How’s internal faculty (Profs) and how’s guest lectures ? [in general students of B-Schools are not happy with 80% of internal Profs (80-20 Pareto Rules )
IIM Ranchi Student / Alumnus : Internal few faculties are good. Most of the external are from IIM C/L and they are top notch.
B Leak: Which stream of IIM RANCHI is better (Fin, Marketing, Ops, General Management others)
IIM Ranchi Student / Alumnus : Marketing is relatively better.
B Leaks : In B-schools it is generally considered that students having Work Ex from Consultancy or Big Firms are having added advantage in terms of selection of profiles during summers and placements. But in IIM RANCHI scene is reverse is it so ??? Hows life for an average or below average students at IIM RANCHI ???
IIM Ranchi Student / Alumnus : Yes it is true that in IIM R, people having consultancy experience face problems.
B Leaks : CGPA / GPA / Grad points are how much important for summers and Placement ??
IIM Ranchi Student / Alumnus : - They are not considered in college placements.
B Leaks : Importance of work ex to non work ex in IIM- Ranchi ??? Answer in general and profile shortlisting
IIM Ranchi Student / Alumnus : - It is a black box. Placement team does not share much information.
B Leaks : Are the placement policies skewed towards people with strong profile offering them multiple choices at the cost of the placement of the students with weak profiles?
IIM Ranchi Student / Alumnus : - No.
B Leak: It is found that 3+ (years) is not an ideal profile for companies (in short listing a profile). Is it the same case in IIM RANCHI too ?
IIM Ranchi Student / Alumnus : Yes
B Leak: What is the ideal profile for IIM RANCHI ?
IIM Ranchi Student / Alumnus : 2years experience in IT/Operations get better profiles.
Would like to take few questions of Aspirants (We have shared a doc when they can ask questions) :
Aspirant Question: 1. What are the total no. of IB profiles offered in the final placements?
Not sure I think 1/2.
What are the total no. of international placements offers? And what profiles and locations if possible?
2 people got placed. Not sure about the profile and locations.
How is the exchange program of IIM Ranchi? a bit about the process and any scholarships for the same?
It is average. No idea about the scholarship.
How is the consulting job offers? And the profile(students) that get into good consulting firms?
Risk Analytics mostly.
How are the hostels? Are there AC's in the rooms? Sharing based room or single occupancy ?
IIM Ranchi Student / Alumnus : No AC single occupancy but a very good furnished hostel.
Aspirant Question: Consulting opportunities , how to get Into big4 through case competition from here.
You can get into big 4. They do hire from IIM R.
Aspirant Question: i) Prospects for someone with more than 2 years IT work experience at IIM RANCHI? What roles can one expect to get after an MBA from IIM RANCHI?
ii) Would it be advisable to go for finance specialization after more than 2 years work experience in an IT company? Would it be difficult to get jobs in finance and marketing specializations and hence just stick to general management and consultancy roles?
Marketing would be easier to find.
Aspirant Question: Sir I have converted SCMHRD Pune and am awaiting the results of New IIMs. Profile: 93.1,93,8, 76.04 (Xth,XIIth, Grad BTech 2016 Fresher). Wanted to know if I manage to convert IIM Trichy/Ranchi PGDM, should I join them or continue with SCMHRD. Have no extra curriculars and am interested in pursuing Finance/Consulting
IIMR he should join for sure. It is better of the three mentioned colleges.
B Leak : Please compare –
IIM RANCHI Vs SP JAIN, ---SP
IIM RANCHI Vs MDI, ---MDI
IIM RANCHI Vs NM , -IIM R
IIM RANCHI Vs Rest New IIMs , ---IIM R
IIM RANCHI Vs SIBM, ---- IIM R
IIM RANCHI Vs SCHMRD , ---- IIM R
IIM RANCHI Vs IITs----- IIT B>>IIM R=IIT D>other IITs
B Leaks : A decent acads (85+ ) and 97%ile in CAT (as appearing candidate – not cleared
Graduation) ; whats your suggestion – IIM RANCHI or CAT 2017
IIM RANCHI STUDENT / ALUMNUS : IIMR given the unpredictability of CAT.
B Leak : 36+ months IT work ex ??? What’s your suggestion, should he join IIM RANCHI or GREAT LAKES and other B-schools?
IIM RANCHI STUDENT / ALUMNUS : IIM R or leave MBA plan.
B Leaks : Give me few reasons one should join IIM RANCHI ?
IIM RANCHI STUDENT / ALUMNUS : Good brand, good external faculty.
B Leaks : Give me few reasons one should not join IIM RANCHI ?
IIM RANCHI STUDENT / ALUMNUS : Infrastructure, finance, ops should consider joining. As they might not get profile of their choice.
Thanks for your time :)