Indian Institute of Management Ranchi

History

The 11th Five-Year Plan, endorsed by the National Development Council in December 2007, envisaged the establishment of seven new IIMs.

IIM Ranchi, like all IIMs, is an autonomous institution under the Ministry of Human Resources Development, government of India. The institute is free to design its own curriculum and recruit faculty members. In April 2011, Union Minister Kapil Sibal announced that the government is mulling enhancement of the autonomy of IIMs by allowing them to select the director and the chairman of Board of Directors.

IIM Ranchi is amongst the six new IIMs that were approved by the Union Cabinet on 27 August 2009. Prof. M. J. Xavier is the founding director of the institute.

Campus

The college operates from a temporary campus in Suchana Bhavan, behind the Governor House premises in the heart of Ranchi.

The construction of a permanent campus has begun at Birhar village on the Khunti-Karra road, about 35 kilometres (22 mi) from Ranchi.In July 2013,Jharkhand government allotted 90.14 acres (36.48 ha) of land free of cost to IIM Ranchi (IIM-R) at Cheri in Kanke block, 20 km from Ranchi. On 29 July 2013, the Union Minister of Human Resource Development Shri Pallam Raju laid the foundation stone of IIM-Ranchi at Cheri.

Academics

Like other IIMs, IIM Ranchi awards only diplomas, and not degrees. The programmes offered are post graduate programmes at a level equivalent to MBA and PhD and include a standard post graduate diploma in management (PGDM), human resource management (PGDHRM), a full-time doctoral programme (FPM) and a part-time executive program (PGEXP). The two-year Post-graduate Diploma in Management, equivalent to an MBA, is the flagship education program which aims to prepare young graduates for senior-level positions in industry. Its Fellow Programme in Management is a four- five year fully residential doctoral-level programme in which students are trained to join academia, corporate consulting or management research on graduation. The institute's Executive Management Education Programmes and shorter programmes like Management Development are meant for enhancing the management potential of working professionals. IIM Ranchi became the first and only IIM in the country to offer PGDM-HR.

PGDM

Post Graduate Diploma in Management (PGDM) the flagship programme at the Indian Institute of Management Ranchi is a two-year, full-time residential programme. Students entering the programme are selected through a rigorous process, consisting of the Common Admission Test (CAT), one of the most competitive entrance examination in the country, followed by a Written Ability Test (WAT) and Personal Interview. The PGDM programme admits 120 students.

The Programme facilitates learning in theory and practice of different functional areas of management, and is carefully designed based on inputs by key stakeholders including students, industry experts and faculty. Apart from the academic rigour which ensures that students learn to apply key concepts ad analytical tools, the programme also provides opportunities for students to develop their communication, leadership, interpersonal and networking skills, attributes that are critical in today's increasingly competitive world and fast-changing business environment. The programme equips a student with requisite knowledge and skills, required for playing leadership roles in the manufacturing and services sectors in India and abroad.

PGDHRM

IIM Ranchi is the only IIM to provide a Post Graduate Diploma in Human Resource Management. The total intake for the course is 50 students. The two-year PGDHRM programme course is designed so as to provide the business knowledge and HR concepts in depth and seeks to provide students with understand and application of HR practices in business context.

Conclaves and conferences

AAROHAN Leadership Speak Series IIM Ranchi hosted its first leadership speak series named "Aarohan" on january 8,2016 at Cockerel Stadium,Dipatoli cantonment,Ranchi.The idea of this is to invite role models across various fields to come and address the IIM Ranchi community particularly the students.Earlier speakers include Lt General Arun Kumar Sahni,UYSM,SM,VSM,ADC.Topic for the talk centered on "Leadership in Army tenets for wider application" Colloquium Colloquium is an annual series of guest lectures, where students of IIM Ranchi get an opportunity to interact with the industry leaders in finance, marketing, operations and HR.

HR Conclave IIM Ranchi being the only IIM to offer specialised course in Human Resource Management, have organised two HR conclaves themed as "Turning the tide on unrest in workforce "great in 2012 and "Holistic Development of Hu¬man Capital" in 2011, leaders across industry discussed the challenges faced by organizations and the role of HR managers in solving those challenges. Dignitaries like K.A. Narayan, President-HR, Raymond, Mr. Sandeep Choudhary, Partner, Aon Hewitt, Mr. Partha Dasgupta, CEO, Apogee Leads, Mr. R. Sridhar, Vice President-HR, ITC Limited any many others discussed about HR practices.

Admissions

Admission to courses at IIM Ranchi is done based upon merit in Common Admission Test, conducted by the IIMs.

Faculty

The PGP course is delivered by in-house faculty and certain visiting faculty from other institutes (IIM Calcutta,IIM Lucknow, IIM Bangalore etc).

Student activities

The clubs and the committees on campus cover interests from finance and marketing to literature, theatre and nature, going beyond the confines of the classroom and the curriculum.

The clubs organize events and workshops throughout the year. Clubs include Hire- The HR Club, Finesse – the finance club, Marquess Club – the marketing enthusiasts, E-Cell - The Entrepreneurship Club, Conundrum - The Consulting Club,Samarpan - the Social Responsibility Club, Sankriya - Operations/Strategy Club and QR Code - the quizzing club.

TEDxIIMRanchi

TEDxIIMRanchi, which aims at spreading new ideas and accomplishing identified goals, is in now its fifth year. The first year theme was "Catalyzing Change" (2012), the second year theme "Dream Dare Do", (2013), and the third year theme, "Beyond Conformity" (2014). The TEDx (x=independently organised TED event) was created in the spirit of TED’s mission, "Ideas worth Spreading." The program is designed to give communities, organizations and individuals the opportunity to stimulate dialogue through TED-like experiences at the local level.