IIMs or Indian Institutes of Management are the premier centers of Management Education in India. They are notably acknowledged total for their edification techniques, clerical skills depository and research employment on direction and connected areas. IIMs have been developed by the Government of India to choice the privileged intelligence endowment from across the state. These talents will one of these days engender a dew pond of the special global class managers to govern and head miscellaneous sections of Indian economic system. Presently, in that are seven IIMs located in the cities of Ahmedabad, Lucknow, Bangalore, Kozhikode, Indore, Kolkata and Shillong. IIMs are totally sovereign institutes which call no involvement from the Government or else of import or articulate agency. Each IIM is administered by a Board of Governors.

IIMs are well-known to be the fastest in the international for teaching, research and dealing near industries. They have been conceiver in creating clerical force enhancement. The alumni of IIM relish high honour in the worldwide for human being element guidance products. IIMs proffer several programs to the graduate and position postgraduate students. Some of the utmost illustrious programs are PG Diploma courses in Management, which is same to MBA; Fellowship Program in Management, which is like to PhD; Executive MBA; Industry supported programs and habituation programs as fine as Part Time MBA for a range of organizations and individuals.

The right of entry activity in to these outstanding institutes is too exceedingly important. This is through by the CAT (Common Admission Test). One CAT is conducted to select the students for all 7 IIMs each period and usually in the time period of November. This is one of the maximum competing exams in the world. It is aforesaid to be even more than selective than the full top US Business Schools put both. As per the statistics accessible for the year 2007, in the region of 2,30,000 students run for smaller number than 1200 general collection chairs. Competitiveness makes CAT a freebie to intervene and a benchmark to the highbrow minds.

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11th Five Year Plan of India has projected for the set up of 7 more than by the end of 2012 in contrasting environment of the bucolic. Government of India has approved 6 IIMs in the states of Jammu and Kashmir, Tamilnadu, Jharkhand, Chhattisgarh, Uttarakhand and Haryana.

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