The flagship Post-Graduate Programme (PGP) in Management at the Indian Institute of Management (IIM) Ranchi is a two-year, full-time residential Programme.
This Programme of IIM Ranchi offers MBA degree. It is extremely prestigious and is rated highly in the country. Students entering the Programme are selected through a rigorous process, comprising of the Common Admission Test (CAT), one of the most competitive entrance examinations in the country, followed by a Written Ability Test (WAT) and Personal Interview. Currently, IIM Ranchi admits around 185 students in this Programme.
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 and apply key concepts and 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.
The Programme is designed to achieve the following objectives:
1. Develop competence in students to learn and adapt to the dynamic national and international environments and strive for excellence.
2. Orient the participants to apply knowledge and understanding of theories and concepts from basic disciplines and functional areas for creation, growth, and management of organizations.
3. Develop acumen to implement suitable strategies by critically analysing both internal and external organizational environment.
4. Understand various approaches and techniques relevant to the organizational processes, models and practices.
5. Develop cultural sensitivity to appreciate diverse points of view in a global environment.
6. Exhibit high degree of integrity and ethics in behaviour.
The Programme is delivered by distinguished in-house and visiting faculty members from the IIM fraternity, and academicians and experts from other renowned peer-level Institutions and organizations. The faculty members who teach in the Programme come from some of the most respected Institutions/Universities in India and across the globe. The faculty members are deeply engaged in research and management consulting, which helps them to bring their experience into curriculum design and classroom delivery, using a variety of pedagogical approaches.
The Post-Graduate Programme lasts six trimesters, spread over two years, with a summer project in between the two years. The curriculum is reviewed and revised periodically so that it remains relevant and contemporary.
PGP first year comprises of Compulsory courses, spread over three terms across all functional domains of management. The first year students are exposed to basic concepts in the areas of Marketing Management, Accounting & Finance, Economics, Information Systems, Operations Management, Organizational Behaviour & Human Resource Management and Strategic Management. The core courses are aimed at providing contextual understanding, conceptual knowledge, analytical skills, tools and techniques, social, cultural and environmental sensitivity to form the base of the Programme.
The second year comprises of Elective courses, spread over three terms. The elective courses help the participants to develop deeper understanding of functional areas of management. Students are allowed to choose the courses of their interest in the second year. Students who want to acquire deeper understanding of a topic or explore deeply a narrow topic can also pursue a Course of Independent Study (CIS) under the guidance of a faculty member.
In between the first year and the second year, the students are required to compulsorily do a Summer Internship Project (SIP). A student is required to do a summer project on any aspect of business management, in the industry, for a period of eight weeks at the end of the first year.
Currently, the total credits requirement across two year of MBA Programme is minimum of 110.5 and a maximum of 119.5 credits (including the Summer Internship Project), one credit being equivalent to 10 classroom hours.
IIM Ranchi’s PGP Programme also provides an opportunity for students to learn about business practices in various countries through Student Exchange Programme (STEP) and/or study trips.