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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 bill was passed by the Lok Sabha on 28 July 2017 [43] and by the Rajya Sabha on 19 December 2017. [44] After receiving presidential assent, the IIM bill became an Act on 31 December 2017. [45] [46] In the 2023 Union Budget grants to the IIMs were cut in half. Heads of IIMs and B-schools said this would effect the newer IIMs ...
In India, an Institution of National Importance (INI) refers to a premier public higher education institution granted special status by an act of the Parliament of India. Such institutions are recognized for their pivotal role in developing highly skilled personnel within a specified region of the country or state.
The Indian Institute of Management Mumbai (IIM Mumbai or IIM-M), formerly known as the National Institute for Training in Industrial Engineering (NITIE Mumbai) and later as National Institute of Industrial Engineering, is a reputed graduate business school under the Ministry of Education (India), [3] Government of India located in Powai near Vihar Lake in Mumbai, Maharashtra and is ranked 6th ...
[9] [10] The new IIM was to be set up at Bangalore, and for the proposed institute, the Government of Karnataka offered 105 acres (42 ha) of land (free of cost), and a contribution of INR 3 million (~US$ 390,000 in 1972). Ultimately, on 27 March 1972, the IIMB Society was officially registered in Bangalore under the Mysore Societies ...
The Common Admission Test (CAT) [1] is a computer based test for admission in graduate management programs. The test consists of three sections: Verbal Ability and Reading Comprehension, Data Interpretation and Logical Reasoning, and Quantitative Ability.
In 2021, the Institute was one of the 9 IIMs selected to deliver the Mahatma Gandhi National Fellowship program under the SANKALP Scheme of the Ministry of Skill Development and Entrepreneurship to train fellows in Public Policy and Management to work with District Administration [9] In 2024, IIM Visakhapatnam launched the Post Graduate Program ...
The Indian Institute of Management Ahmedabad (IIM Ahmedabad or IIM-A), is an Indian business school, located in Ahmedabad, Gujarat, India.As one of India's premier Indian Institutes of Management, the school has been accorded the status of an Institute of National Importance by the Ministry of Human Resources, Government of India in 2017. [4]