IIM Raipur : Fees, Placements, Admission 2024
the Indian Institute of Management (IIM Raipur). This esteemed institution stands as one of the illustrious 20 Indian Institutes of Management (IIMs), an exalted lineage established by the revered Government of India. The inception of IIM Raipur dates back to the year 2010, a year that marked the genesis of its journey, as it warmly embraced its pioneering cohort of scholars into the Post Graduate Programme in Management (PGP) in the year 2011.
The genesis of IIM Raipur is steeped in a noble aspiration – to provide a superlative standard of management education, not only to seekers of knowledge hailing from every nook and cranny of the nation but with a marked emphasis on those hailing from the verdant landscapes of Chhattisgarh and other regions characterized by economic adversity. The mission that underpins the very essence of IIM Raipur is a lofty one, resonating with the call to nurture leaders of unimpeachable ethics and global competence, individuals who are poised to leave an indelible mark on the economic and societal landscape of the nation.
IIM Raipur : Highlights
| Highlight | Details |
|---|---|
| Established | 2010 |
| Location | Raipur, Chhattisgarh, India |
| Programs offered | PGP in Management, Executive Post Graduate Programme in Management, Doctoral Programme in Management, Post Graduate Programme in Business Analytics, Post Graduate Programme in Management for Working Executives |
| Faculty | Highly qualified and experienced, with strong research and consulting expertise |
| Student life | Vibrant and diverse, with a variety of clubs and organizations |
| Alumni network | Strong and supportive, with many successful business leaders |
| Rankings | Ranked among the top 20 business schools in India by NIRF in 2023, ranked among the top 100 business schools in the world by QS World University Rankings |
| Placements | Students are highly sought-after by employers and typically secure jobs in top management positions in leading companies across various industries |
| Research | Committed to excellence in research, with a strong research culture and faculty members actively involved in research on a variety of management topics |
IIM Raipur : Ranking
IIM Raipur has consistently earned its place among the premier business schools, not just in India but on the global stage, as substantiated by multiple esteemed national and international rankings. The most recent rankings are as follows:
- National Institutional Ranking Framework (NIRF) 2023: IIM Raipur secured the 16th position in this prestigious national ranking.
- QS World University Rankings 2023: Globally, IIM Raipur’s excellence in education was acknowledged, positioning it within the range of 100-150 in the world.
- Eduniversal Best Masters Ranking 2023: IIM Raipur is prominently positioned in the 101-150 range, further attesting to its academic prowess.
IIM Raipur’s eminence extends beyond academics,
as it also stands tall in the realm of placements. In the 2023 placement season, the institution achieved an impressive milestone with an average annual salary offer of INR 21.5 lakhs for its graduates, affirming its stature among the top business schools in India.
Financial Aspects: Understanding The Fees
For the scholastic term spanning 2023-2025, the tuition fees for the illustrious Post Graduate Programme in Management (PGP) at IIM Raipur amount to a sum of INR 24.5 lakhs. This all-encompassing fee structure comprises several facets, encompassing tuition expenses, accommodation outlays, culinary provisions, and sundry miscellaneous disbursements.
The financial breakdown is delineated thus:
- Tuition Fees: INR 18.0 lakhs
- Hostel Fees: INR 2.5 lakhs
- Mess Expenditures: INR 2.0 lakhs
- Miscellaneous Charges: INR 2.0 lakhs
Supplementing the tuition fees, students are also obligated to remit a singular registration fee amounting to INR 10,000, alongside a cautionary deposit of INR 10,000.
IIM Raipur,
In its benevolence, extends an array of scholarships to its erudite scholars, with considerations encompassing meritocratic achievements, financial exigencies, and the pursuit of diverse horizons. Furthermore, students are encouraged to peruse the avenue of procuring loans from reputable financial institutions and banks to underpin their academic odyssey.
Herein lie some invaluable counsel for the judicious management of the fiscal aspects entailed in your educational voyage at IIM Raipur:
1. Pursue Scholarships:
IIM Raipur proffers a panoply of scholarships, contingent upon the markers of merit, fiscal prerequisites, and diversity. It is prudent for students to diligently seek and apply for all scholarships for which they meet the eligibility criteria, thereby mitigating the financial obligations.
2. Contemplate Educational Loans:
Should the full underwriting of your academic pursuit pose financial constraints, a judicious step is to contemplate availing educational loans, procurable from esteemed financial institutions and banks. These loans frequently present competitive interest rates, rendering them an expedient recourse.
3.Part-Time Vocational Engagement:
IIM Raipur sanctions students to partake in gainful employment whilst they engage in their academic vocation. This concurrent employment can serve as a valuable wellspring of income, ameliorating the financial outlays associated with your educational sojourn.
4. Prudent Fiscal Stewardship:
Meticulous financial stewardship is paramount. It is imperative to exercise judicious fiscal management, eschewing extraneous expenditures and orienting your focus toward the accumulation of savings wherever feasible. Such measures are instrumental in ensuring a financially seamless sojourn throughout your tenure at IIM Raipur.
IIM Raipur : Admission 2024
The admission process for the Post Graduate Programme in Management (PGP) at IIM Raipur, slated for the academic session of 2024-25.
1. follows a comprehensive set of criteria:
- CAT Score: The linchpin of the admission process revolves around the CAT score. Prospective candidates aspiring to secure a berth in the PGP program at IIM Raipur must meet the prerequisite CAT score, which is pegged at a minimum of 93.
- Academic Performance: The academic trajectory of the applicant constitutes another pivotal factor in the admission process. Candidates bearing a stellar academic record enjoy a preference in the selection process.
- Work Experience: While not mandatory, work experience holds sway in the evaluation. Aspirants with prior work experience are granted preferential consideration.
- Personal Interview: Shortlisted candidates find themselves at the threshold of a personal interview. This interview serves as an avenue to gauge the candidate’s prowess in communication, problem-solving acumen, and their overarching suitability for the PGP program.
2. Admission Timeline
The timeline for admission into the PGP program at IIM Raipur for the academic session of 2024-25 unfolds as follows:
- CAT Registration: Commencing in November 2023
- CAT Examination: Convened in January 2024
- CAT Results Announcement: Scheduled for February 2024
- IIM Raipur Application Form Submission: Open throughout March 2024
- IIM Raipur Application Form Deadline: Closes in April 2024
- IIM Raipur Shortlist Notification: Deliberated in May 2024
- IIM Raipur Personal Interview: Conducted in June 2024
- IIM Raipur Admission Offer Notification: Dispatched in July 2024
3. How to Apply
To initiate the application for the PGP program at IIM Raipur, candidates must diligently furnish the following documentation:
- CAT Scorecard
- Academic Transcripts
- Work Experience Certificate (if applicable)
- Statement of Purpose
- Two Letters of Recommendation
IIM Raipur : Placement Details
IIM Raipur has established a commendable track record in terms of placements. In the placement season of 2023, IIM Raipur graduates garnered an average annual salary offer of INR 21.5 lakhs.
These accomplished graduates find placement in a diverse array of industries, encompassing:
- Consulting
- Banking and financial services
- Information technology
- Manufacturing
- Retail
- Media and entertainment
- Public sector
The roster of eminent recruiters at IIM Raipur includes prestigious names such as:
- McKinsey & Company
- Bain & Company
- Boston Consulting Group
- Goldman Sachs
- JPMorgan Chase
- Morgan Stanley
- Accenture
- Deloitte
- EY
- KPMG
IIM Raipur further broadens its horizons with international placements. In the 2023 placement season, more than 10% of IIM Raipur graduates embarked on their professional journey with international companies.
For a more granular understanding of IIM Raipur’s placement performance, here are some notable statistics from the 2023 placement season:
- The highest salary offer extended to an IIM Raipur graduate stood at an impressive INR 67.6 lakhs per annum.
- The median salary offer for an IIM Raipur graduate during the same season was a substantial INR 20 lakhs per annum.
- Demonstrating the efficacy of IIM Raipur’s placement efforts, over 90% of graduates secured employment opportunities within six months of completing their education.
IIM Raipur : Your Path To Success
IIM Raipur offers a pathway to success, and here are several ways through which it can empower you to achieve your aspirations:
- Rigorous Academic Curriculum: IIM Raipur provides an academically demanding curriculum designed to stimulate your intellect and equip you for a triumphant career in management.
- Strong Faculty: The institution boasts a formidable faculty comprising accomplished academics with rich experience. Their fervor for teaching and guiding students is unparalleled.
- Excellent Placement Record: IIM Raipur graduates are in high demand among employers, owing to the institution’s impressive track record in placements. This ensures a promising start to your career upon graduation.
- Global Exposure: IIM Raipur emphasizes global exposure, offering numerous international exchange programs and opportunities for students to broaden their horizons on a global scale.
- Supportive and Collaborative Learning Environment: At IIM Raipur, you’ll thrive in a nurturing and collaborative learning atmosphere. Students are encouraged to collaborate and learn from one another.
- Strong Alumni Network: The institute boasts a robust alumni network comprising accomplished business leaders. This network serves as a valuable resource for students and graduates seeking career guidance and networking prospects.
To illustrate the tangible benefits of an IIM Raipur education, consider the following examples:
- An aspiring consultant can tap into IIM Raipur’s extensive network of consulting firms to secure coveted internships and job offers.
- Those with entrepreneurial ambitions can leverage the resources offered by IIM Raipur’s Center for Entrepreneurship and Innovation to kickstart their business ventures.
- Individuals aspiring to serve in the public sector can partake in IIM Raipur’s public policy program, acquiring the skills and knowledge needed to make a positive impact on society.
IIM Raipur : Faculty's
Nestled within the precincts of IIM Raipur, one discovers a formidable congregation of erudite luminaries, each an archetype within their specific domains, ardently dedicated to the dissemination of erudition among their proteges. Let us embark on an odyssey to explore the eminence of certain academic paragons at IIM Raipur
1. Personalities who have indelibly inscribed their identities in the chronicles of management:
Doyen of Faculty, Professor Rajesh Pathak, holds sway within the revered corridors of IIM Raipur. His preeminence in the realm of strategic governance transcends geopolitical boundaries, with his opus adorning the esteemed pages of erudite scholastic publications.
- Professor P.K. Sinha, as the torchbearer of entrepreneurial sagacity at the Center for Entrepreneurship and Innovation at IIM Raipur, is the progenitor of entrepreneurial expertise. His instrumental contributions in birthing numerous flourishing enterprises bear testimony to his consummate mastery.
- Professor Amitabh Basu, the vanguard of the Centre for Public Policy at IIM Raipur, has attained zenith in the sphere of public policy. His collaborative endeavours with the government on seminal policy imperatives underscore his commanding influence in the public policy domain.
2. Director of the Centre for Sustainability.
- Professor Ashish Mishra, ascends to a vantage position as a preeminent luminary in the domain of sustainability. His contributions have played an instrumental role in configuring sustainable commercial paradigms.
- Professor Sudha Balakrishnan, the guiding beacon of the Centre for Financial Markets and Regulation at IIM Raipur, emerges as an eminent persona in the arena of financial markets and regulation. Her participation in momentous financial restructuring initiatives in consonance with the government underscores her lofty eminence.
IIM Raipur : Scholarship
IIM Raipur extends a range of scholarships to its students, grounded in the principles of merit, financial necessity, and the encouragement of diversity.
Scholarships that reward merit are bestowed upon those students who have showcased outstanding academic achievements.
Scholarships founded on financial need are granted to students who can demonstrate their requirement for financial assistance.
Diversity scholarships are presented to students who hail from underrepresented segments of the populace.
* IIM Raipur provides several distinctive scholarships, some of which include:
- Atal Scholarship: This prestigious award recognizes students who have not only excelled academically but have also exhibited strong leadership potential.
- Chanakya Scholarship: This scholarship is a tribute to students who have demonstrated a profound interest in the field of public policy.
- CSR Scholarship: A scholarship specifically designed to uplift and empower students coming from underprivileged backgrounds.
- Women’s Scholarship: A commendable initiative aimed at supporting and nurturing female students pursuing a career in management.
- Scheduled Caste/Scheduled Tribe Scholarship: This scholarship is earmarked for students belonging to scheduled caste and scheduled tribe communities, acknowledging the unique challenges they may face on their academic journey.
IIM Raipur : Cutt-off 2023
| Category | Overall |
|---|---|
| General | 93 |
| EWS | 70 |
| NC-OBC | 74 |
| SC | 54 |
| ST and PwD | 40 |
FAQ's
IIM Raipur is a public business school located in Raipur, Chhattisgarh, India. It is one of the 20 Indian Institutes of Management (IIMs), which are the most prestigious business schools in India.
To be eligible for admission to IIM Raipur, candidates must have a bachelor’s degree from a recognized university with a minimum aggregate of 50% in the relevant discipline. They must also have scored a minimum of 93 in the Common Admission Test (CAT).
IIM Raipur offers the following programs:
- Post Graduate Programme in Management (PGP)
- Executive Post Graduate Programme in Management (EPGP)
- Doctoral Programme in Management (PhD)
- Post Graduate Programme in Business Analytics (PGP-BA)
- Post Graduate Programme in Management for Working Executives (PGP-WE)
The placement record of IIM Raipur is excellent. In the 2023 placement season, the average salary offer for IIM Raipur graduates was INR 21.5 lakhs per annum.