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Back to Management Institutes Universities
Regional Institute of Cooperative Management (RICM)
Management InstitutesManagement InstitutesPunjab
Location:

Chandigarh , Punjab, India, Punjab

Type:

Management Institutes

Phone:

+91-172-2609157

Email:

rdicm@chdindia.com

Visit Official Website
About Regional Institute of Cooperative Management (RICM)
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Overview

Regional Institute of Cooperative Management (RICM), Chandigarh, commonly known as RICM Chandigarh, is a premier state-level autonomous institute established in 1962. Located in Chandigarh, Punjab, it operates as an autonomous institute under the Punjab State Cooperative Department. RICM specializes in cooperative education and management training, offering various academic and professional courses focused on cooperative development.

The institute holds recognition and approval from the Ministry of Cooperation, Government of India and is affiliated to the Punjab State Cooperative Union. It is accredited with a NAAC B Grade (latest available as of 2024). The institute’s official website is http://www.ricmchd.coop.

Quick Facts

  • Founder: Established under the initiative of Punjab Cooperative Department
  • Principal: Not available on official sources as of 2024-06-10
  • Student Count: Approx. 300+ (varies annually)
  • Departments/Faculties: Cooperative Management, Rural Development, Banking & Finance
  • Contact Info: Phone: +91-172-2702677, Email: ricm.chd@nic.in
  • NAAC Grade: B (latest available)
  • NIRF Ranking: Not ranked in NIRF as of 2024

Courses & Programs

  • Faculties: Management, Commerce, Rural Development
  • Popular Programs:
    • Post Graduate Diploma in Cooperative Management (PGDCM) - 1 Year, Regular
    • Diploma in Cooperative Management (DCM) - 1 Year, Regular
    • Certificate Courses in Cooperative & Rural Development
  • Mode: Regular classroom-based learning
  • Intake: Varies per program, approx. 50-100 students annually

Admissions

  • Admission Mode: Merit-based through institute-level counselling and applications
  • Accepted Exams: No national-level tests like JEE/NEET/GATE are required; eligibility based on graduation marks
  • Typical Timeline: Applications from June-August; academic session starts from September
  • Admission Link: RICM Admissions Page
  • Application Process:
    1. Download application form from the official website
    2. Submit form with self-attested documents and application fee at the institute or by post
    3. Shortlisted candidates are called for counselling and document verification
    4. Final admission based on merit and fulfilment of criteria

Eligibility

  • PG Diploma: Graduation from a recognized university, minimum 45% marks
  • Diploma: Graduation or equivalent in relevant streams
  • Age: Minimum 18 years as on date of admission
  • Documents Required: Mark sheets, graduation certificate, ID proof, domicile certificate (if applicable), passport-size photos

Fee & Scholarships

  • Indicative Fees: Tuition fee approx. ₹20,000 - ₹30,000 per annum, hostel and exam fees extra
  • Scholarships: State govt scholarships for SC/ST/OBC/EWS categories, merit-based scholarships available; check official state cooperative dept. portal for details
  • Scholarship Info: Punjab Government Scholarships

Placements

  • Placement %: Approx. 70-80% placement for PG Diploma graduates in cooperative banks, rural sectors
  • Average CTC: ₹3-5 LPA
  • Recruiters: Punjab State Cooperative Bank, NABARD, SIDBI, local cooperative societies
  • Placement Cell Contact: placement@ricmchd.coop
  • Internships: Compulsory project and internship at cooperative institutions during course

Campus & Facilities

  • Hostel accommodation for male and female students on campus
  • Mess with hygienic food facilities
  • Sports grounds and indoor sports facilities
  • Computer labs, cooperative management resource library
  • Health care services and first aid available
  • Wi-Fi campus and transport facilities connecting Chandigarh city
  • Student clubs, cultural and management fests organized annually

Faculty & Research

  • Faculty: Experienced academicians in cooperative management, rural finance, economics
  • Research Centres: Focus on cooperative development, rural livelihoods
  • Grants & MoUs: Collaborations with Punjab State Cooperative Union and NABARD
  • Patents: Not available on official sources as of 2024-06-10

Rankings

  • NAAC: Grade B (latest available)
  • NIRF: Not included in ranking
  • Other Rankings: Not available on official sources as of 2024-06-10

Results, Cut-Offs & Seat Matrix

  • Results and seat matrix published on official website annually
  • Cut-Off Ranges: Based on merit from graduation marks; category-wise cut-offs not published
  • Official link for results: RICM Results

How to Reach

  • Nearest Airport: Chandigarh International Airport (~10 km)
  • Nearest Railway Station: Chandigarh Railway Station (~8 km)
  • City Transit: Accessible via Chandigarh local buses, auto-rickshaws and taxis

FAQs

Q1: What is the admission criteria for PG Diploma at RICM Chandigarh?
A1: Graduation with at least 45% marks from a recognized university is required. Admissions are merit-based.
Q2: Are there any entrance exams for admission?
A2: No national-level entrance exams are needed. Admission is based on academic merit and counselling.
Q3: Does RICM Chandigarh offer hostel facilities?
A3: Yes, hostels for both male and female students are available on the campus.
Q4: What is the approximate tuition fee?
A4: Tuition fees range from ₹20,000 to ₹30,000 per year, excluding hostel and other charges.
Q5: Are scholarships available?
A5: Yes, scholarships for SC/ST/OBC/EWS students and merit-based scholarships are provided through state government schemes.
Q6: What are the popular recruitment sectors?
A6: Graduates are mostly recruited by cooperative banks, rural development agencies, and government cooperative departments.
Q7: How can I apply for admission?
A7: Download the admission form from the website, fill it, and submit online or in person with required documents.
Q8: When does the academic session start?
A8: The academic year generally starts in September after the admission process completes.
Q9: Is there an online mode of learning available?
A9: Currently, RICM primarily offers regular classroom-based courses.
Q10: How to contact the placement cell?
A10: Email at placement@ricmchd.coop
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About Regional Institute of Cooperative Management (RICM)

Regional Institute of Cooperative Management (RICM)

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