Contribution of IIMs in Shaping Business Management Education

IIMs is brand name for a bunch of independently managed leading business schools of India characterized by top-notch competence in management education and research. At the outset, they were focused on faculty leading and instruction for managerial skills. Now, the IIMs are the pillars of business education in India. This article like the earlier pieces I established on IITs, IIITs, and NITs, will also try to mention some key aspects of IIMs as well.

1. Foundation and History

The first survivor of the IIM series – IIM Calcutta, was established in 1961, and IIM Ahmedabad, in the same year. The establishment of IIMs was facilitated by the leading international business schools and organizations.

2. Autonomous Status

IIMs act as self-governing autotelic bodies with their privacy preserved as they draw the curricula, set standards for academics and conduct research. With this self-governing characteristic, the business owners will get the flexibility of change so that they can expand and implement new ideas in order to adapt to new situations.

3. Academic Programs

IIMs have a variety of programs, with the most famous being the two-year Post Graduate Programme in Management. FPM, EPGP and customized executive education are the other specializations of the program.

4. Admission Process

Given that the admission to the Post Graduate Programmes is as competitive as it gets, applicants will be short-listed usually by the CAT score. CAT is a nationwide entrance exam which is a test of quantitative, verbal and logical reasoning skills.

5. Faculty and Research

IIMs provide leadership in the management field, as they have a faculty that is full of experts in management disciplines. They interact in scientific work, publishing of a kind in a respected editions and taking part in building of management concepts.

6. Centers of Excellence

IIMs mostly have centers of excellence that specialize in certain areas, like for instance entrepreneurship, finance, marketing, and sustainability. They (the centers) are the center of the newest discoveries and groundbreaking research which are beneficial for the living beings and environment.

7. Global Collaborations

Arranging agreements with world-class business schools is a common practice for the IIMs, thus students and faculty exchange on their initiative, global validate research projects and acquire essential knowledge.

8. Campus Infrastructure

IIM campuses have all the modern facilities, such as well-equipped classrooms, libraries, auditoriums, and the latest technology that makes student friendly environment for both academic learning and extracurricular activities.

9. Industry Interface

IIMs are increasingly establishing good contact with industries through guest lectures, projects under the direction of the industry and internships. Applications of the IIMs are known for obliging the sector’ largest recruiter from different regions.

10. Alumni Network

The alumni of IIMs, widely referred to as ‘IIMians’, equally occupy important positions in the global corporate, entrepreneurship and public service scenarios. The alumni network is crucial in fostering connections and networking, steering affiliates and also marketing the institutions they belong to.

11. Executive Education

IIMs offer executive education programs which is a lucrative avenue for executives, where they can develop skills, build networks, and progress in their careers.

List of IIMs in India

1. Indian Institute Management Ahmedabad (IIMA)Vastrapur, Ahmedabad – 380015

2. Indian Institute of Management, Bangalore. Bannerghatta Road, Bilekahalli, Bengaluru – 560076, Karnataka.

3. Indian Institute of Management(IIM- Calcutta). Diamond Harbour Road, Joka, Kolkata – 700104

4. Indian Institute of Management, Indore ‘IIM-I’. The address of the enterprise is in Indore, Madhya Pradesh, India, 453556.

5. Indian Institute of Management KozhikodeN. Rayapathi Residency, Kozhikode, Kunnamangalam P. O. , Kozhikode, Kerala – 673570

6. Indian Institute of Management, Lucknow. Prabandh Nagar, Mubarakpur, Lucknow, Uttar Pradesh – 226013.

7. Indian Institute of Management, KanpurKunadewsari, Kashipur, Pincode-244713, Kashipur, Uttarakhand.

8. Indian Institute of Management, RaipurCheriya, Naya Raipur, Chhattisgarh- 493361

9. Indian Institute of Management, Ranchi, as located here. 5th Floor, Suchana Bhawan, Meur’s Road, Audrey House Campus, Jharkhand – 834008

10. Indian Institute of Management, Rohtak, Sunaria, Rohtak, Hariyana – 124010

11. Indian Institute of Management, Shillong. Nong Thymmai, Shillong, Meghalaya – 793014

12. IIM Tiruchirappalli , Indian Institute of ManagementPudukkottai Main Road ,Chinna Sooriyur, Village, Sooriyur, Tamil Nadu – 620024

13. Indian Institute of Management, Udaipur – an institute of management education. Balicha Campus, Udaipur, Rajasthan, PR : 313001

14. Indian Institute of Management, Punjab Institute of Technology Building, Inside Government Polytechnic Campus, Polytechnic Road PO: Room No. 101, 5th floor, Chheharta, G. T. Road, Amritsar, Punjab – 143105

15. Indian Institute of Management, Bodh Gaya, Prabandh Vihar, Bodh Gaya, Bihar – 824234

16. Indian Institute of Management (IIM) Jammu Canal Road Nawabad, Cantonment, Jammu, Jammu and Kashmir – 180016

17. Indian Institute of Management in Nagpur, VNIT Campus, South Ambazari Road, Nagpur ,Maharashtra-440010.

18. IIM Sambalpur, the Indian Education system. c/o Silicon Institute of Technology, Silicon West, P. O. Sason, Sambalpur District, Odisha – 768200

19. The Indian Institute of Management of Sirmaur. Rampur Lane, Paonta Sahib, Himachal Pradesh – 173025

20. The Indian Institute of Management, Visakhapatnam, Andhra Bank School of Business , Andhra University campus in Visakhapatnam- 530 003

21. Indian Institute of Management, which is located in Mumbai. Vihar lake, NITIE, Mumbai – 400087

In fact, the Indian Institutes of Management are the best management institutes in India and their curriculum is accepted globally. They are offering management education and research learning to their students. Taking rigor in education, disruptive as well as global perspectives along, IIMs are ensuring that they continue to bring forth company leaders and entrepreneurs that add in the growth as well as development of the business industry.