Fees, placements, ranking and admissions for Indian Institute of Management Ranchi and The ICFAI University, Jharkhand, side by side.
Data last updated 11 Oct 2026
| IIM | The ICFAI University | |
|---|---|---|
| Location | Ranchi, Jharkhand | Ranchi, Jharkhand |
| Type | Public | Private |
| Established | 2009 | 2008 |
| Approvals | Institute of National Importance (IIM Act 2017) | UGC |
| NIRF ranking | IIM Ranchi Ranking has achieved 24th position in NIRF Ranking 2023 in Management Category. | — |
| MBA total fee | ₹18.9 L 2 year | ₹2 L - 2.64 L 2 Years Better here |
| Highest package | ₹50.39 LPA Better here | ₹9.32 LPA |
| Average package | ₹19.29 LPA Better here | ₹6.75 LPA |
| Median salary (NIRF) | ₹17.64 LPA | ₹4.20 LPA (MBA) |
| Entrance exams | CAT, XAT, CMAT, NIFT, CEED, CLAT | CAT, XAT, CMAT, CUET, MAT, IBSAT, JEE-Main |
| Courses offered | 2 | 6 |
| Facilities | Cafeteria, Hostel, Labs, Sports, Library | A/C Classrooms, Cafeteria, Hospital & Medical Facilities, Hostel, Labs, Sports |
“Better here” marks only lower fees and higher reported packages. Packages are as reported by each college or NIRF and vary by year and specialisation.
Numbers alone don't decide it. Talk to someone who studied there before you choose.
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…
Fees, cutoffs and reviews of IIMThe ICFAI University, Jharkhand is a private college in Ranchi, Jharkhand.
Fees, cutoffs and reviews of The ICFAI UniversityIIM: ₹18.9 L total. The ICFAI University: ₹2 L - 2.64 L total. Fees are the total course fee from each college's latest data on MyCampusReview.
IIM reports a highest package of ₹50.39 LPA and an average of ₹19.29 LPA. The ICFAI University reports ₹9.32 LPA and an average of ₹6.75 LPA. Packages vary by year and specialisation, so ask alumni about recent placements.
CAT, XAT, CMAT.
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