Indian Institutes of Management in India

Thinking about MBA in top colleges in India think about IIM

To study in IIM is a dream of every MBA student

But do you know what are IIMs

Let’s learn about IIMs in India

IIMs IN INDIA

WHAT ARE IIMs?

IIMs Indian Institutes of Management are institutes of national importance set up by Government of India (along with IITs and AIIMs) to provide high quality education that to at value for money.

HOW MANY IIMs ARE THERE IN INDIA?

There are 20 IIMs all over India. Here is a list IIMs in India:

ELIGIBILITY TO ENTER INTO THESE IIMs?

The eligibility for admission in various programmes of IIMs, you needs to clear common admission test (cat) with minimum 98percentile. And to appear for cat you must have a Bachelor’s degree with at least 50%marks or equivalent CGPA (45%for Schedule Caste (Sc), Scheduled Tribe (ST) and Persons with Disability (PWD)).Candidates appearing for the final year of Bachelor’s Degree / equivalent qualification examination and those who have completed degree requirements and are awaiting results can also apply.And only those candidates will be admitted to join the programme provisionally, with a certificate from the Principal/Registrar of the University/Institution.

                                                                     WHY IIMS?

• There are 20 Indian Institutes of Management (IIM), India’s premier management institutes that offer world class post graduate management programmes.
• These are government institutions and offer value for money.
• They offer very good pay packages, domestic as well as international.
• It also offers best placements in top companies, which helps in recovering return of investment in a short period of time after placement.
• The IIMs are best known and rated for their two-year full-time PGDM/PGP courses, which are considered equivalent to MBA.

WHAT PROGRAMMES ARE OFFERED BY IIMs IN INDIA?

THE IIMs offer various programmes in management, and these include:

• Full-Time Post Graduate Diploma In Management (PGDM)
• Executive Management Programme
• PhD(Fellow Program in Management)
• Certificate Courses

The table below lists IIMs PGP courses, PGP seat intake, PGP fees and NIRF-MHRD ranking.

*The fees mentioned and seats mentioned are only for PGPM, and are subject to change. The above mentioned data is according to 2018.

*the National Institute Of Ranking Framework (NIRF)  is a methodology adopted by Ministry Of Human Resource Development (MHRD), Government of India, to rank institutions o higher education.

WHAT ARE THE SALARY PACKEGES OFFERED TO IIMs GRADUATE?

IIMs Placements are conducted every year for the PGP batch. The major recruiters of IIMs are E&Y, Deloitte, Wal-Mart, Accenture, JP Margan Chase, Barclays, Goldman Sachs, Amazon, Citi, Flipkart, Everest Group, ITC Ltd, Google,TATA Steel, etc. These recruiters visit IIM campuses for recruitment of management graduates in various job roles. The PGP graduates are offered various managerial roles in different sectors and domains. Most of offers are for positions like Consultant and Managers; and are offered hefty pay packages ranging from Rs.10Lakh to Rs.25Lakh per annum (average CTC).

The Following Table Shows The Highest International CTC, Highest Domestic CTC and average CTC offered by IIMs.

The data is taken from 2019 final placement reports.

*CTC- Cost to company

 If you are looking forward to pursuing MBA after completing you graduation, IIMs are certainly a group of institutes that you should be targeting in order to ensure good placement opportunities. IIMs selection criteria differ according to the intake, rank of the institute and the programmes offered, however, CAT is mandatory for admission to all IIMs.

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