Indian Institute of Management Ranchi

The Indian Institute of Management Ranchi, abbreviated IIM Ranchi, is a public business school located in Ranchi, Jharkhand, India. It is the ninth Indian Institute of Management to be established.Inaugurated on 6 July 2010, IIM Ranchi offers two-year Post Graduate Diploma in Management (PGDM) and Post Graduate Diploma in Human Resource Management (PGDHRM), five-year Fellowship Programme and Executive Programmes.HistoryThe 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 was the founding director of the institute.CampusThe 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 from Ranchi.In July 2013,Jharkhand government allotted 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.