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India’s Top Management Institute ‘IIM’ – Full Form, Curriculum, Fee, Admission Process

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Aayushi

02 January, 2024

India’s Top Management Institute ‘IIM’ – Full Form, Curriculum, Fee, Admission Process

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.

The IIM Brand Name- IIM Full Form & Importance

Indian Institute of Management is the full form of IIM. These are a group of institutions offering management education in India. These are some of the top B-Schools in the country and are dedicated to providing the country’s youth with the best education possible in business management and research.

They offer a wide range of postgraduate, undergraduate, doctorate, and other executive programmes with a focus on management and consulting, in addition to several other programmes and courses in leadership and business management.

Since its founding in 1984, the institution has played a significant role in the development of millions of lives by giving students access to a wealth of knowledge and supporting them as they navigate the challenges of life. IIMs are located in several different cities around the nation, including Noida, Calcutta, Lucknow, and Ahmedabad.

The mission of IIM is to offer the nation a stimulating academic atmosphere where students from around the world can come and acquire knowledge that will aid in their future growth. It has been determined that the goal of IIM is to enhance the management system in the business sector if the dialogue centres on the institute’s vision and mission.

List of IIMs, Rankings and Accreditations & Courses Offered by them

Let us take a look at these various IIM Campus, Courses and duration:

IIM Campus Courses Offered & Its Duration
IIM Bangalore Post Graduate Programme in Management (PGP)- 2 Years
Executive Post Graduate Programme in Management (EPGP)/ Post Graduate Programme in Management for Executives (PGPX) – 1 Year
Fellow Programme in Management (FPM) – 5 Years
Post-Graduate Program in Public Policy and Management (PGPPM)- 1 Year
Post-Graduate Programme in Enterprise Management (PGPEM)- 2 Years
IIM Udaipur Post Graduate Programme in Management (PGP)- 2 Years
Post Graduate Programme in Management for Executives (PGPX)- 1 Year
Fellow Programme in Management (FPM)- 5 Years
IIM Lucknow MDP for Women Entrepreneurs (MDPWEB)- 5 Months
Post Graduate Programme in Agri-business Management (PGP- ABM)- 2 Years
Post-Graduate Programme in Sustainable Management (PGP- SM)- 2 Years
Post-Graduate Programme in Management for Working Executives (WPM)- 3 Years
Management for Executives (IPMX)- 1 Year
IIM Rohtak Post Graduate Programme in Management (PGPM)- 2 Years
Executive Post Graduate Programme in Management (EPGP)- 1 Year
Fellow Programme in Management (FPM)- 5 Years
IIM Ranchi Post Graduate Diploma in Management (PGDM)- 2 Years
Post Graduate Programme in Management for Executives (PGEXP)- 1 Year
Fellow Programme in Management (FPM)- 5 Years
Post-Graduate Programme in Enterprise Management (PGPEM)- 2 Years
Integrated Programme in Management (IPM)- 5 Years
Post Graduate Programme in Management Mumbai (PGP- Mumbai)- 2 Years
IIM Indore Post Graduate Diploma Programme in Management for Executives (Modular)-PGPMX- offered in Mumbai- 2 Years
Fellow Programme in Management (Industry)
Post Graduate Programme in Human Resource Management (PGP-HRM)- 2 Years
IIM Ahmedabad Post Graduate Programme in Management (PGP)- 2 Years
Executive Post Graduate Programme in Management (EPGP)/Post Graduate Programme in Management for Executives (PGPX) – 1 Year
Fellow Programme in Management (FPM)- 5 Years
Armed Forces Programme in Business Management (AFP)- 6 Months
Post Graduate Programme in Food and Agri-business Management (PGP- FABM)- 2 Years
ePost Graduate Programme (ePGP)- 2 Years
Faculty Development Programme (FDP)
IIM Kozhikode Post Graduate Programme in Management (PGP)- 2 Years
Executive Post Graduate Programme in Management (EPGP)- 2 Years
Post Graduate Programme in Business Leadership (PGP-BL)- 1 Year
Fellow Programme in Management (FPM)- 5 Years
Management Development Programme
IIM Calcutta Post Graduate Programme in Management (PGP)- 2 Years
Post Graduate Programme in Management for Executives (PGPEX)- 1 Year
Fellow Programme in Management (FPM)- 5 Years
PGPEX-VLM- 1 Year
Post Graduate Diploma in Business Analytics (PGDBA)- 2 Years
CEMS MIM: Master’s in International Management- 1 Year

What Makes IIMs Different from Other B-Schools

IIMs are among the top institutes in India for providing the finest education experience to management students. Check out what makes IIMs different from other B-schools:

  • The best universities in the nation for pedagogy, faculty, facilities, and training are the IIMs, which are dispersed throughout the nation and are renowned for their lucrative corporate placement prospects.
  • 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.

Top Courses Offered by IIMs, Their Fee & Eligibility

IIMs provide hundreds of courses across all their campuses including Delhi, Calcutta, Lucknow, and Ahmedabad. The IIMs 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 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:

Name of Course  Details
MBA/PGP The two-year Post Graduate Programme in Management (PGP), is regarded as the equal of conventional MBA programmes. The majority of IIMs have begun to provide Master of Business Administration (MBA) degrees once the IIM Act of 2017 was passed. For this two-year full-time MBA/PGP programme, the IIMs are the most well-known and highly regarded.
IPM IIM Indore, IIM Rohtak, IIM Ranchi, IIM Bodh Gaya, and IIM Jammu offer the five-year Integrated Programme in Management (IPM) after you complete 12.
EPGP Almost all IIMs provide the Executive Post Graduate Programme or EPGP. With 05 to 12 years of work experience, mid-level professionals are the target audience for this course.
Other Specialised Programmes A few IIMs provide specialisations such as the three-year Working Managers’ Programme at IIM Lucknow and the five-year Integrated Programme in Management at IIM Indore.
Certificate Executive Courses (Short Duration or Part Time) Most of the IIMs also provide part-time certificate programmes and executive education/EMBA courses with a short duration.
PGPX: For graduates with prior job experience, certain IIMs additionally provide a one-year post-graduate diploma degree.
Fellow Programme in Management (FPM) Several IIMs provide this doctorate programme, which is regarded as the worldwide equivalent of a PhD.

Latest Fee for EMBA (Executive MBA) Programmes

IIM Institute Fee in INR
IIM Indore INR 20.00 lakh
IIM Kozhikode INR 22.50 lakh
IIM Bangalore INR 27.00 lakh
IIM Lucknow INR 26.00 lakh
IIM Ahmedabad INR 20.00 lakh
IIM Calcutta INR 25.89 lakh

Latest IIM Fee for MBA Programme

IIM Institute Fee in INR
IIM Amritsar INR 16 Lakhs
IIM Raipur INR 16.1 Lakh
IIM Lucknow INR 20.7 Lakh
IIM Udaipur INR 19 Lakh
IIM Kashipur INR 17.3 Lakh
IIM Jammu INR 17.15 Lakh
IIM Indore INR  21.14 Lakh
IIM Kozhikode INR  20.50 Lakh
IIM Shillong INR 17.5 Lakh
IIM Bangalore INR 24.5 Lakh
IIM Rohtak INR 17.6 Lakh
IIM Ranchi INR 17.5 Lakh
IIM Calcutta INR  27 Lakh
IIM Trichy INR  21 Lakh
IIM Sambalpur INR 13.08 Lakh
IIM Ahmedabad INR 24.61 Lakh
IIM Visakhapatnam INR 17.58 Lakh
IIM Bodh Gaya INR 15.50 Lakh
IIM Nagpur INR Lakh

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 programs 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, which number in the literally hundreds.

Different IIM Institutes providing part-time mode courses:

IIM Institute Campus
IIM Indore
IIM Calcutta
IIM Rohtak
IIM Ahmedabad
IIM Bangalore
IIM Kashipur
IIM Raipur
IIM Lucknow
IIM Tiruchirappalli
IIM Kozhikode
  • 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. To be admitted to IIMs’ online courses, students do not require a CAT score.

Online Courses Available at Different IIM Campuses:

Online Course Name  Duration Fee
Manufacturing Strategy 1 week INR 64,000
Supply Chain Management 3 weeks INR 1,12,000
B2B Marketing 3 Weeks INR 1,12,000
The Winning Edge: Communication Strategies for Leaders 1 month INR 98000
Artificial Intelligence and Machine Learning for Business 4 weeks INR 1,12,000
Financial Analysis of Business 3 weeks INR 64,000
Logistics Management 2 weeks INR 64,000
HR Analytics 3 weeks INR 64,000
General Management for Shipping 4 weeks INR 1,12,000
Agricultural Input Marketing 3 weeks INR 1,12,000
Warehouse Design and Management 3 weeks INR 96,000
HR Auditing-Preparing the Ground for Strategic HRM 4 weeks INR 64,000
Enhancing Sales Force Performance 3 weeks INR 1,08,000
Leading Digital Transformation 2 Weeks INR 96,000
Interpersonal Effectiveness and Team Building 3 weeks INR 96,000
Big Data Analytics 4 weeks INR 1,20,000

Source: IIM MBA

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.

Top 10 IIMs in India

List of Top 10 IIM in India & NIRF Ranking:

Name of the Institute NIRF Ranking (Management Category)
IIM Ahmedabad (IIMA) 1
IIM Bangalore (IIMB) 2
IIM Kozhikode (IIMK) 3
IIM Calcutta (IIMC) 4
IIM Delhi 5
IIM Lucknow 6
IIM Indore 8
IIM Raipur 10
IIM Rohtak 12
IIM Udaipur 16

Takeaway

Simply going for an IIM will not ensure success. By enrolling in an EMBA programme, you may be able to launch your career and achieve managerial roles. By choosing a specialisation that closely aligns with your interests, career goals, and industry trends, you may empower yourself with the knowledge, contacts, and abilities needed to thrive in the competitive business world of today.

Check the official website to look at the latest updates: IIM MBA

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