IIM Explained – Full Form, Colleges, Ranking, Curriculum, Fee, more

Enrolling in an IIM management course will provide you with the opportunity to master a broad range of tools and approaches that will help you better understand how businesses operate.

The best and most varied internship programmes are offered by IIMs. Management students get the opportunity to engage with the corporate world and gain an in-depth understanding of it as a part of their education. They gain knowledge of the difficulties of managing a business during their internship, preparing them for the demands of the workplace in the real world. Graduates from IIM work as professionals who are highly cognizant of the challenging external environment.

As one of the top business schools in the world, IIM is attempting to create a more application-focused MBA curriculum through the use of case studies, simulations, summer internships, and real-world industry projects that replicate real-life scenarios and foster leadership development.

You will experience a new height in your confidence at IIM. You approach every issue with newfound energy after you join some of the brightest students in the nation. You are taught to have the necessary perseverance and willpower to take on and succeed in all tasks.

IIM Full Form & Its Importance

The full form of IIMs is Indian Institutes of Management (IIMs). These independent public business schools in India provide management education and research. IIMs operate under the general direction of the Ministry of Education, Government of India; each IIM is autonomous in its operations, rules, and curriculum. These institutions, which were founded to develop future businesspeople and leaders, have made a name for themselves across the globe.

Top IIMs are ranked in NIRF, India Today, Business Today, and Financial Times. They are also the institutions that the Indian government has designated as being of national importance. With the addition of IIM Mumbai, there are now 21 IIMs in India that provide a range of MBA, PGP, PGDM, Executive MBA, and Fellowship programmes. The oldest campuses are those of the top 3 IIMs. In 1961, IIM Calcutta and IIM Ahmedabad were founded. It took 12 years for IIM Bangalore to be founded in 1973. In the years 2008–2016, fourteen IIMs were founded. The most recent addition to the IIM Mumbai cluster was once NITIE Mumbai. NITIE was renamed IIM Mumbai in 2023.

In this blog, we have explained the full form of IIMs, IIM meaning, IIMs ranked colleges,

IIMs courses and list of top IIM institutes in India.

Overview of IIMs in India

Here is a summary of each Indian Institute of Management (IIM) that includes the cost and the number of seats available for MBA candidates who want to enrol in one of these programmes. Check out the IIMs’ major highlights and rankings.

• IIMs are the best institutions in the nation for pedagogy, faculty, facilities, and training. They are dispersed around the nation.

• These universities are renowned for offering lucrative job placements in both the public and private sectors.

• According to the NIRF-MHRD ranking of India’s top management institutes, six of the 21 IIMs are ranked in the top 10.

• IIM Bangalore, IIM Calcutta, and IIM Ahmedabad are ranked in the top 50 management education institutions worldwide.

• IIMs use the results of the CAT test, the Written Ability Test (WAT), the Group Discussion (GD), and the Personal Interview (PI) to determine who gets admitted to their PGP/MBA programmes.

• CAT and GMAT results are accepted for the Executive PGP IIM courses to shortlist candidates for the WAT/GD and PI rounds.

List of IIMs with Details

1. IIM Ahmedabad

IIM Ahmedabad, one of the top management schools in the world, provides executive education, research opportunities, and a demanding PGPM curriculum. It is renowned for having a robust industry interface and creative pedagogy.

2. IIM Bangalore

Known for both its academic brilliance and diverse student body, IIM Bangalore is situated in India’s Silicon Valley. Offering PGPM, EPGP, and FPM among other management programmes, it promotes holistic development.

3. IIM Calcutta

With a long history extending over fifty years, IIM Calcutta is widely recognised for its emphasis on leadership development and academic rigour. Its PGDM programme is well regarded, and research and entrepreneurship are major priorities for the institute.

4. IIM Lucknow

It is known for its multidisciplinary approach to management education. It provides a broad curriculum that accommodates a range of employment goals, including specialty programmes like PGP-ABM.

5. IIM Kozhikode

This university, which is tucked away in Kerala’s bucolic surroundings, stands out for emphasising sustainability and creativity. Its worldwide perspective and experiential learning opportunities are well known features of its PGPM programme.

6. IIM Indore

It is known for its academic brilliance and practical application to industry, IIM Indore is situated in the centre of India. It provides a broad range of management programmes with an emphasis on leadership and social responsibility, including the flagship PGPM.

7. IIM Shillong

This IIM is nestled amidst the magnificent Meghalayan hills. It provides a distinctive fusion of conventional knowledge and contemporary management techniques. Its PGPM programme places a strong emphasis on inclusive growth and sustainability.

8. IIM Rohtak

It is known for its cutting-edge research and industrial partnerships. It is located in Haryana, an area that is quickly becoming a centre for education. It provides customised programmes to meet the changing demands of the business sector.

9. IIM Ranchi

IIM Ranchi encourages collaborations between academia and industry as well as an entrepreneurial culture. Students who complete the PGDM degree will have both managerial knowledge and practical capabilities.

10. IIM Raipur

IIM Raipur is renowned for its research-driven methodology and innovative curriculum. It provides cutting-edge initiatives like EFPM, enabling academics to significantly impact both academia and business.

11. IIM Trichy

IIM Trichy is known for its rigorous academic programme and industrial involvement. It is situated in Tamil Nadu’s cultural centre. Its PGPBM programme fosters business acumen and leadership excellence for professionals in mid-career.

12. IIM Udaipur

IIM Udaipur is dedicated to promoting innovation and entrepreneurship. Its DEM programme aims to foster the development of future digital-era leaders who will propel socioeconomic change.

13. IIM Nagpur

As a component of the growth corridor for central India, IIM Nagpur is committed to developing managerial skills and promoting regional growth. A combination of theoretical understanding and real-world application is provided via its PGPM curriculum.

14. IIM Amritsar

IIM Amritsar is situated in the culturally vibrant city of Amritsar. In order to prepare students for leadership roles, the PGPM curriculum places a strong emphasis on industry exposure and experiential learning.

15. IIM Bodh Gaya

IIM Bodh Gaya is located in the holy city of Bodh Gaya. This institution is committed to advancing sustainable development and providing high-quality management education. The programme’s PGPM emphasises societal impact and holistic growth.

16. IIM Sirmaur

IIM Sirmaur is located in the valleys of Himachal Pradesh. Students in the PGPM programme are taught social responsibility and ethical leadership.

17. IIM Sambalpur

It is dedicated to promoting management excellence and societal impact. IIM Sambalpur is situated in the culturally rich state of Odisha. A combination of academic rigour and industry relevance is provided by its PGPM programme.

18. IIM Jammu

IIM Jammu is located in the stunning regions of Jammu & Kashmir. Students who complete the PGPM programme will have the abilities and perspective needed to succeed in a fast-paced business setting.

Top IIM Courses & Eligibility

IIMs provide hundreds of courses across all their campuses including Delhi, Calcutta, Lucknow, and Ahmedabad. They provide a variety of Executive MBA, One-Year Diploma, PhD, and Certificate degrees in addition to PGP and MBA courses, as well as numerous additional part-time and diploma programmes. IIMs offer over 100 management IIM courses at the postgraduate, executive, and doctorate levels.
The IIMs have introduced several long-term and short-term management courses in developing and specialised fields during the past four years to meet the demands of the corporate sector and the quickly evolving job market. A few of these fields are communication strategies, family businesses, analytics, liberal arts, and AI-powered marketing.
Some of the popular courses offered by IIM are MBA, Executive MBA and Post Graduate programmes. Here, let’s check out the top popular courses of IIM in India:

Latest Fee for EMBA (Executive MBA) Programmes

Latest IIM Fee for MBA Programme

Eligibility for Admission at IIMs

For consideration in the IIM admissions process, you must fulfil the following qualifying criteria:

• Candidates in the general category must have at least 50% total graduation marks.

• Reserved category candidates must have a minimum of 45% overall in their graduation.

• Candidates must pass the minimum CAT exam cut-off score established by the relevant IIM. The CAT percentile is applied to select individuals in their desired courses, and then their academic background, gender diversity, work experience, WAT/GD, and PI performance are taken into account for admission.

• The criteria and percentage requirements are different for each campus, you may check the campus’s official website to know more.

Modes of Study

• Full-Time Mode

Most of the courses at IIM are full-time. One of the most common full-time programmes is the Post Graduate Programme in Management (PGP). PGP is a master ‘s-level curriculum that provides a Master of Business Administration (MBA) degree. The two-year, full-time residential programme’s goal is to prepare students for leadership responsibilities in a world that is becoming more dynamic and complicated. With a summer project in between, it spans two years and six trimesters.

• Part-Time Mode

Fortunately, a wide variety of part-time management programmes is offered by 10 of the 21 IIMS. Short Duration programmes (SDPS) significantly expand the number of long-duration part-time course options available.

Different IIM Institutes providing part-time mode courses:

• Online Mode

IIMs provide a variety of online courses with different goals in mind. The goal of online courses is to improve management skills. There are around thirty specialisations offered by IIMs in their online courses. For admission to IIMs’ online courses, students do not require a CAT score.

Online Courses Available at Different IIM Campuses:

Placement Support

IIM has one of the top placement services in India. They provide students with career counselling, placement cell services and active meetings with their alumni members.

Every year, IIM conducts placements for PGDM and MBA degrees between December and February for the MBA/PGP batch. At the top IIMs, A, B, and C, the highest pay offers at IIMs have been documented at INR 70 lakh to INR 1 crore as CTC.

Source: Times Of India

Top 10 IIMs in India

List of Top 10 IIM institute in India & NIRF Ranking:

Final Takeaway

It is not enough to just apply to IIMs to succeed. Enrolling in an MBA programme could help you advance into managerial positions and start your career. Selecting a specialisation that closely fits your interests, professional objectives, and industry trends will help you equip yourself with the skills, connections, and information required to succeed in today’s cutthroat business environment.

FAQs

Q1. What does an IIM do?

The best management education is provided by an IIM (Indian Institute of Management), which also provides research opportunities, executive education, and MBA programmes. Its goal is to create competent managers and leaders by exposing students to the business world, demanding coursework, and cutting-edge teaching techniques.

Q2. What is so special about IIM?

IIMs are renowned for their high academic standards, prestigious reputation, and strong industry connections. Their top-notch faculty, state-of-the-art facilities, vast alumni networks, and fantastic placement possibilities make them an outstanding alternative for aspiring managers.

Q3. Is IIM tougher than IIT?

IIM and IIT are both different things. In their respective specialities, both institutes are extremely demanding and competitive. While IIMs specialise in management, IITs concentrate on engineering and technology. Both universities provide demanding academic programmes and entrance tests, but they target distinct skill levels and interests.

Q4. Which IIM is easy to get into?

While there is intense competition for admission to all IIMs, some of the more recent ones, including IIM Jammu, IIM Sirmaur, and IIM Bodh Gaya, may have slightly lower cutoffs than the more traditional ones, like IIM Ahmedabad, IIM Bangalore, and IIM Calcutta. Still, the selection procedure is challenging for all IIMs.