Indian Institute of Management
Indias higher education system is the third largest in the world after China and the United States. Amongst the multitude of institutions, one stands above the rest: The Indian Institute of Management. Widely considered to be not only the one of the best management schools in the country but the entire world, the IIMs comprise of a group of 13 autonomous institutes of management across India.
IIMs primarily offer postgraduate, doctoral and executive education programs. They offer a 2-year Post Graduate Program in Management and at some institutes offer 1-year program for experienced executives. The selection process for this program is based on the Common Aptitude Test (CAT). The CAT scores are used to short list local candidates, while international students are shortlisted using their GMAT scores.
The entrance test requirement for the doctoral programs may differ from institute to institute. Some may request you to present a research idea to the board or you might be asked to take up the Research Aptitude Test (RAT), which is then followed by interviews. IIMs also accept scores from various standardized tests like the CAT, GMAT, GRE and GATE (Graduate Aptitude Test in Engineering). Sometimes, students are asked to submit an essay depending on the research proposal. The final round of admission evaluation involves an interview or group discussion.
The numbers of available seats vary every year, but in general they have about 2,000 seats of which 900 plus are reserved seats. IIM alumni can be seen throughout the corporate world, leading various industries both within India and abroad. Famous alumni include KV Kamath, Former Chairman of ICICI Bank and Current CEO of Infosys, and Ajay Banga, CEO of MasterCard worldwide.
It should be noted that admission into IIMs is among the most competitive in the world, with a few percent of all applicants being granted admission. However, this should not discourage you from applying!
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