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IIM Ranchi Business Analytics Eligibility, Ranking (and more)

IIM Ranchi Business Analytics Eligibility

IIM Ranchi PGP Business Analytics Eligibility, Ranking, Placements and More

IIM Ranchi Business Analytics Programme Details
Course offered Executive Programme in Business Analytics and Business Management
Stream Data Science & Analytics
Duration 3-Months
Fee of course (INR) 103,500
Accreditation Ministry of Human Resource Development, Government of India
Entrance exam No
Work ex required Candidates with working experience will have an added advantage
Eligibility Undergraduate or postgraduate degree in any discipline with at least one of the following subjects: Statistics, Mathematics, Operations Research, Or any other quantitative subject
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Introduction 

Indian Institute of Management, Ranchi was established in 2010 becoming the 9th IIM inline the National Development Council goals to start 6 more IIMs. The public management school offers multiple business courses that are tailor-made to suit the market’s needs.

It introduced the Executive program in Business Analytics and Business Management to train professionals on data handling when managing their businesses. The full-time program takes 1-2 years to complete.

Course Objectives

Train working professionals on the basic use of statistical tools to enhance their efficiency and productivity.

To enable working professionals to safely handle big data in their organizations and utilize it in making crucial decisions. To provide hands-on experience with various statistical tools including Python, SAS, SPSS, and R.

Course Description

It is a 3-month part-time course. It integrates classroom work, projects, and practical lessons to impart the best analytical skills to the students.

The curriculum is designed to allow weekend classes (Saturday and Sunday) thus enabling working professionals to enroll. All lectures are conducted by professors and experts in the industry in Delhi, Mumbai, Bengaluru, and Kolkata.

All students must attend a one-week learning session in IIM Ranchi. Some of the key areas covered include Predictive Analytics, Social Networking, Descriptive Analytics, E-Marketing, Information Management, Big Data Management, and IT Infrastructure Management.

Students must undertake a project on any of the business analytical tools taught.

Pedagogy

The students will learn all the concepts of business intelligence through guest lectures, classroom lectures, field visits, interactive group discussions, practical experiences, and case studies analysis.

Eligibility

Candidates must have an undergraduate or postgraduate degree in any discipline from a recognized university. Candidates must have covered at least one of the following subjects in their undergraduate studies:

  • Statistics
  • Mathematics
  • Operations Research
  • Or any other quantitative subject

Candidates with working experience will have an added advantage.

Admission Criteria

All candidates are required to apply online through the institution’s portal before the deadline. Late applications will be rejected. Immediately after the deadline, the institution’s admission committee evaluates all the forms received. They shortlist all the candidates who meet the minimum admission requirements.

Shortlisted candidates are invited for an interview to determine the authenticity of the information provided during the registration process. Also, candidates writing, analytical, and oratory skills are evaluated.

Every candidate is awarded marks based on individual performance. The best candidates are admitted to the program. All successful candidates receive their letters of the offer through the addresses provided during the registration process as well as the admissions portal.

Successful candidates must confirm interest in the program within the stipulated timelines to avoid revocation of the offer.

Fee Structure

The total fee for the 3-month program is Rs 103, 500. It covers tuition and learning materials. If part-time students need to reside within the institution at any given time, they will be required to cater for their mess and accommodation charges.

Certification

  • Upon completion, candidates who meet graduation requirements are awarded a certificate of completion.

Accreditation

  • Recognized as an Institution of National Importance by the Ministry of Human Resource Development, Government of India.

Ranking

  • Ranked 28th among management schools in India by the National Institutional Ranking Framework, 2019.

Placement Details

IIM Ranchi achieves above 95% placement success. More than 100 organizations participate in the exercise every season. Some of the regular participants include Google and KPMG. The highest offer for the graduates is Rs 18 lakhs with the average being Rs 7.8 lakhs annually.

Expected Salary

Graduates get an introductory offer of Rs 5 Lakhs to Rs 20 lakhs annually. International organizations may offer up to Rs 30 lakhs annually. The top 10% of candidates get an average salary of Rs 15 lakhs.

The highest-paid graduates can earn up to Rs 35 lakhs. The average pay for the graduates can rise to Rs 14 lakhs within a few years of professional work.

Frequently Asked Questions

Q1: Is the Executive program in Business Analytics and Business Management marketable?

Ans: Yes, the course provides crucial skills that workers need in their daily business operations. It helps the graduates to critically analyze different aspects of their business which improves their decision-making process.

Q2: Do I need CAT/GMAT results to qualify for the program?

Ans: No, this is a short-term program that does not require any national entrance exam results. The institution has devised its interview process that helps evaluate candidates’ abilities.

Q3: Can I apply offline?

Ans: No, applications for this program are submitted online. It is affordable and convenient for both the candidates and the institution.

Q4: What kind of access to the faculty will I have?

Ans: Part-time students are allowed to visit the institution at any time. They can access the library and any other learning facilities in the institution.

Additionally, the institution has a fully-digitized library to allow off-campus research among part-time students.

Q5: Does IIM Ranchi offer placement opportunities?

Ans: Yes, all the graduates get a placement opportunity from different participating organizations. However, the institution does not offer a 100% guarantee for the placement.

Q6: Can I get a refund if I am no longer interested in the program?

Ans: You can only get your refund if you have not registered for the program officially. Any refund of reservation money will take approximately 2 weeks to be processed.

Q7: Can I call the admission panel if they take too long to update the status of my application?

Ans: While the institution advocates for candidates to seek clarification on any unclear matter, candidates should wait until the institution’s representative update them on the status of their application. It may take 3-4 weeks before you get a response depending on the volume of applications received.

Q8: I was dissatisfied with the admissions panel’s decision. Can I appeal?

Ans: The institution has no allowance for appeals since the decision made by the panel is final. The admission process is strictly based on merit.

Q9: Does IIM Ranchi offer scholarship opportunities?

Ans: Yes, the institution has limited scholarship opportunities distributed among the needy and intelligent students.

If you have any questions, please ask us here – we answer every single query of students. 

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