Continuing the tradition of excellence in management education, as represented by the Indian Institutes of Management, the eighth Indian Institute of Management was established at Ranchi in 2010. This was made possible with the extensive support of the Indian Institute of Management Calcutta and the Government of Jharkhand, working under the guidance of HRD Ministry, Government of India. IIM Ranchi has been set up to serve the increasing demand for quality managers in the corporate world, whilst striving for excellence and working towards its core value of inclusive growth for the greater good. IIM Ranchi currently offers a two year PGDM as its flagship program and has launched PFPEX recently for research work. The course outline has been meticulously designed, and is being delivered by their world-renowned faculty of IIM Calcutta and XLRI Jamshedpur. The course structure involves the updated and changing needs of modern management, recognized and incorporated by the unique approach of teaching and learning at the IIMs, which sets them apart from other business schools. The pedagogy involves special emphasis on application of theoretical concepts and understanding the intricacies of management.