Indian Institute of Management
The Indian Institutes of Management (IIMs) are the premier management schools of India, located in the cities of Ahmedabad, Bangalore, Indore, Kolkata, Kozhikode and Lucknow. They award post-graduate diplomas in Management with various specializations. The CAT (Common Admission Test) conducted by the IIMs is a very competitive test conducted for admission to the numerous graduate programs in Management at the six campuses.
IIM, Ahmedabad was established in 1961 as an autonomous institution by the Government of India in collaboration with the Government of Gujarat and the Indian Industry. Vikram Sarabhai, a noted scientist and industrialist and other Ahmedabad-based industrialists played a major role in the creation of the Institute. It was registered as a society with a Board of Governors to oversee the functioning of the Institute. The Board has representatives from the Governments of India and Gujarat, the Industry, the IIM-A Society, the IIM-A faculty, etc.
IIM-A was conceived not to be purely a business school, but a school of management. It's mission is to professionalise Indian management through teaching, research, training, institution building and consulting. It also aims to professionalise some of the vital sectors of India's economy such as agriculture, education, health, transportation, population control, energy, and public administration.
In its formative years, IIM Ahmedabad collaborated with the Harvard Business School. Largely as a consequence of this collaboration, IIM-A pioneered the case method of teaching in India.
Its current chairman is N. R. Narayana Murthy.
Along with the other IIMs, IIMA (as it is called) was asked by Mr. Murli Manohar Joshi, Human Resources Development Minister of the Government of India to reduce the fees charged, reducing it by almost 80%. Given his rabid attempts at reducing the autonomy of these autonomous institutions, the fee reduction raised alarm bells. There was wide-spread media coverage and discussions and a public interest litigation filed by Sandeep Parekh and two others, in the Supreme Court of India brought the issue to a standstill. Mr. Narayana Murthy one of the industry stalwarts was amongst the only persons from the industry who supported the IIMs in their public battle for survival against the onslaught. The issue was resolved when the newly appointed HRD Minister (on a change in the government) withdrew the previous HRD's order. The original fee structure is now being continued for subsequent batches.
IIM Bangalore
IIM, Bangalore, was established in 1973.
IIM Lucknow
Situated at the outskirts of the historic city of Lucknow, the Indian Institute of Management, Lucknow, was established in 1984, by the Government of India, as a national level school of excellence in management science.
IIM Calcutta
The Indian Institute of Management, Calcutta, was established as the first national institute for Post-Graduate studies and Research in Management by the Government of India in November 1961 in collaboration with MIT Sloan School of Management, the Government of West Bengal, The Ford Foundation and Indian industry. During its initial years, several prominent faculty formed part of its nucleus, including Paul Samuelson, Jagdish Sheth, J. K. Sengupta, among others.
IIM Kozhikode
The Indian Institute of Management, Kozhikode, is the fifth Indian Institute of Management.
Established in 1996 by the Government of India in collaboration with the Government of Kerala, it provides education, training, consulting and research facilities in management.
IIMK is located at Kozhikode, in Kerala, South India.
IIM Indore
The Indian Institute of Management, Indore, was set up in 1998.
