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The Indian Institute of Management Act, 2017 (IAST: Bhāratīya Prabaṃdhana Saṃsthāna Adhiniyama, 2017) is an Indian legislation.The Act declared the Indian Institutes of Management as institutions of national importance and enabled them to offer degrees and further make substantial changes in their administration.
The IIM Ahmedabad Endowment Fund is India's first endowment fund set up at a management school. The fund was established at IIM Ahmedabad in June 2020 from an initial corpus of ₹100 Crore provided by 10 founding alumni. [53] The endowment aims to grow the fund to ₹1,000 Crore over the next five years. [54]
The salary of the three-tier Professors with Academic Grade Pay (AGP) has been fixed by the 7th Pay Commission of 2016. Assistant Professor: Rs 57,700-211,500 (Pay level 12, Cell 1), total amount: Rs 101,500/- per month [4] Associate Professor: Rs 131,400-218,200 (Pay level 13 A2, Cell 1), total amount: Rs 189,600/- per month [4]
Top IIMs — such as IIM Ahmedabad, IIM Bangalore, IIM Calcutta, IIM Indore and IIM Lucknow — have featured in top 100 global b-schools by FT MBA Ranking, [6] as well as achieved top 10 rankings among management schools in India, according to the National Institutional Ranking Framework (NIRF) used by the HRD minister of India. [7]
Outlook I Care has revealed the IIM Shillong Ranking 2021 and the institute is placed 11th among the country's top 50 management schools. According to the NIRF Management Ranking 2022, IIM Shillong is ranked 26th. [16] IIM Shillong is ranked 16th among India's top 100 business schools in the India Today MDRA ranking 2020.
A nationwide public competition was organized on myGOV portal [8] for duration from 18 December 2017 till 19 January 2018 by IIM Amritsar for Logo and moto design. The winners were announced on myGOV blog [9] on 16 September 2019. The logo designed by Mr. Prashant Anant Patil was selected as official logo of IIM Amritsar.
The programme is a full-time management programme for women who have taken a career break and seek to return to their professional careers. SPJIMR also launched the Fellow Programme in Management (FPM) in 2016 to prepare the next generation of academic researchers and thought leaders. [13]
Indian Institute of Management Lucknow (abbreviated IIM Lucknow or IIM-L) is a public business school in Lucknow, Uttar Pradesh, India. It was established in 1984 as the fourth Indian Institute of Management (IIM) by the Government of India. IIM Lucknow offers post-graduate diploma, fellowship and executive programs in management.