The Regional Institute of Cooperative Management (RICM) was established in 1979. Is owned by the National Council for Cooperative Training (NCCT). It is a regarded institution in India that offers top quality education in cooperative management. RICM provides a two year full time MBA program focused on equipping students with the necessary knowledge and skills to effectively lead and manage cooperative organizations. To be admitted into the MBA program RICM considers CAT, MAT, XAT, CMAT and ATMA scores. The selection process for RICMs MBA program involves a written test, group discussion and personal interview. The written test evaluates candidates proficiency, in aptitude, logical reasoning, data interpretation and general awareness. The group discussion assesses candidates communication skills and ability to collaborate within a team. Lastly the personal interview evaluates candidates knowledge and attitude. Additionally RICM offers placement assistance services to its MBA students through a placement cell. This cell aids students in finding employment opportunities within the cooperative sector.
| Short Name | Year of Establishment | University Type | Campus Location | Approved By | Accredited to | Recognitions | Affiliated to | No of MBA Courses Offered | Flagship Courses | NIRF Ranking | Campus Size | MBA Course Fees | Course-wise Seats Offered | Admission Requirements | Exams Accepted | Gender Accepted | Total Intake | Total Number of Recruiting Companies | Total Number of Offers | MBA Average Package | MBA Highest Package (International) | MBA Highest Package (Domestic) | Top Recruiters | Top Sectors | Campus Facilities | Total Faculty | Faculty-Student Ratio | Student Strength | Curriculum | Foreign Collaborations | Official website |
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The Regional Institute of Cooperative Management (RICM) provides an MBA program, with specializations and corresponding fees; 1. Agri Business Management. Fee; Rs. 1,50,000 2. Banking and Financial Services. Fee; Rs. 1,50,000 3. Human Resource Management. Fee; Rs. 1,50,000 4. Marketing Management. Fee; Rs. 1,50,000 5. Rural Management. Fee; Rs. 1,50,000 6. Supply Chain Management. Fee; Rs. 1,50,000 7. International Business. Fee; Rs. 1,75,000 8.Information Technology Management. Fee ;Rs.175 000 9.Entrepreneurship Fe ;Rs.175 00 10.Insurance and Risk Management Fe ;Rs.175 00
| Specialisation | Fee | Entrance Exam | Course Duration |
|---|---|---|---|
| Marketing Management | Rs. 1,50,000 | CAT/MAT/XAT/CMAT | 2 Years |
| Financial Management | Rs. 1,50,000 | CAT/MAT/XAT/CMAT | 2 Years |
| Human Resource Management | Rs. 1,50,000 | CAT/MAT/XAT/CMAT | 2 Years |
| Operations Management | Rs. 1,50,000 | CAT/MAT/XAT/CMAT | 2 Years |
| Application Start Date | Application Last Date | Application with Late Fee Payment | Correction Window | Admit Card Release Date | Exam Date | Exam Result Date | Merit List | Cutoff Dates | Counselling Dates | Last Date of Admission |
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| XX/XX/XX | XX/XX/XX | XX/XX/XX | XX/XX/XX | XX/XX/XX | XX/XX/XX | XX/XX/XX | XX/XX/XX | XX/XX/XX | XX/XX/XX | XX/XX/XX |
The MBA program offered by the Regional Institute of Cooperative Management (RICM) focuses on management. Admission to the MBA program is determined by RICM based on the marks obtained in the entrance exam. Generally RICM sets a minimum cut off of 50% marks for admission to the MBA program. However this cut off may vary depending on factors such as the number of applicants and available seats. Meeting the RICM MBA cut off makes candidates eligible for admission to the program. Its important to note that this cut off can change based on the institutes admission policies. Candidates must fulfill the RICM MBA cut off criteria in order to be considered for admission, to this program.
Regional Institute of Cooperative Management (RICM) offers a two-year full-time MBA program in various specializations. The eligibility criteria for admission is a Bachelor's degree in any discipline with a minimum of 50% marks from a recognized university. The selection process is based on the marks obtained in the entrance exam, group discussion and personal interview. The last date of admission is usually in the month of June.
| Course | Eligibility Criteria | Selection Criteria | Last Date of Admission |
|---|---|---|---|
| MBA | Bachelor's degree in any discipline with a minimum of 50% marks from a recognized university | Entrance exam, Group Discussion and Personal Interview | June |
| Admission Process | Eligibility Criteria | Selection Criteria | Last Date of Admission |
|---|---|---|---|
| Regional Institute of Cooperative Management offers admission to its MBA courses through an online application process. | Candidates must have a Bachelor’s degree in any discipline from a recognized university with a minimum aggregate of 50%. | Selection of the candidates is based on their performance in the entrance exam conducted by the institute. | The last date for submission of the application form is usually in the month of April. |
| Entrance Exam | Exam Date |
|---|---|
| CAT | November 24, 2019 |
| MAT | December 1, 2019 |
| XAT | January 5, 2020 |
| CMAT | January 28, 2020 |
| ATMA | February 2, 2020 |
| Exam | Dates |
|---|---|
| CAT | November 24, 2020 - November 29, 2020 |
| XAT | January 3, 2021 |
| MAT | December 5, 2020 - December 31, 2020 |
| CMAT | January 28, 2021 - February 24, 2021 |
| ATMA | January 10, 2021 - February 28, 2021 |
The Regional Institute of Cooperative Management (RICM) MBA program has consistently been ranked among the top MBA programs in India. It has been ranked among the top 10 MBA programs in India by various ranking authorities such as NIRF, Business Today, and Outlook. The institute has also been ranked among the top 100 MBA programs in the world by Eduniversal.
| Ranking Authority | Year-wise Rank |
|---|---|
| NIRF | 2020- 8th |
| Business Today | 2020- 7th |
| Outlook | 2020- 8th |
| Eduniversal | 2020- 91st |
| Ranking Authority | Rank | Year |
|---|---|---|
| NIRF | 18 | 2020 |
| NIRF | 17 | 2019 |
| NIRF | 19 | 2018 |
The MBA placement program at the Regional Institute of Cooperative Management (RICM) has consistently achieved results over the years. Renowned companies like ICICI Bank, HDFC Bank, Axis Bank, TATA Motors and Reliance Industries actively recruit graduates from this institute. On average students receive job offers with a salary of Rs. 5.5 Lakhs per year. The highest recorded salary offered to our students has been Rs. 11.5 Lakhs per year. With a success rate exceeding 90% the MBA placement program at the Regional Institute of Cooperative Management ensures that a significant majority of our students secure positions, in leading organizations.
| Regional Institute of Cooperative Management MBA Recruiters |
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Here is a list of the organizations that recruit from the Regional Institute of Cooperative Management; 1. National Bank, for Agriculture and Rural Development (NABARD) 2. National Cooperative Development Corporation (NCDC) 3. National Dairy Development Board (NDDB) 4. National Federation of State Cooperative Banks (NAFSCOB) 5. National Cooperative Union of India (NCUI) 6. State Cooperative Banks 7. State Cooperative Federations 8. State Cooperative Unions 9. Regional Rural Banks 10. Primary Agricultural Credit Societies 11. Multi State Cooperative Societies 12. Urban Cooperative Banks 13. Private Sector Banks 14. Financial Institutions 15 Insurance Companies 16 Corporate Houses 17 Non Governmental Organizations (NGOs) 18 Government Departments 19 International Agencies
