Indian Institutes of Management

Indian Institutes of Management (IIMs), established by the Government of India, are the ace business schools in the country whose passouts have proved their mettle at Harvard, LSE and Kellogg.
The IIMs located at Ahmedabad, Calcutta, Bangalore, Lucknow, Indore and Kozhikode (Calicut) are institutions of excellence. While the IIM, Calicut commenced its academic session from 1997-98, the IIM, Indore began its academic programme from 1998-99. A new one is coming up at Shillong soon.

The IIMs conduct Post-Graduate Diploma Programmes in Management (equivalent to MBA), Fellowship Programmes in Management Development and Organisation-based Programmes as well as carry out research and consultancy for the industry.

For details go to :

IIM, Ahemdabad
IIM, Bangalore
IIM, Calcutta
IIM, Lucknow
IIM, Indore
IIM, Kozhikode
IIM, Shillong

 

 
 
 
 
 
 

 CAT goes online, US company assigned the job      


BANGALORE : On April 27 the Indian Institutes of Management announced that the Common Admission Test (CAT) for admission to IIMs and over 118 other B-schools would go online from this year and that the job has been assigned to Prometric ETS, a US based firm which excels in online examinations.

With this the 33-year-old pen-and-pencil format of the CAT will come to an end and sources at IIM Bangalore confirmed that CAT 2009 would be a
computer-based test (CBT).

Dr Amarnath Krishnaswamy, a faculty member of IIM-Bangalore and the spokesman for CAT committee said, ‘‘IIMs have selected Prometric ETS, a US based firm, after a very elaborate search process to be our partner in delivering the computer-assisted CAT. The details on the computerized CAT would be made available soon.’’ ETS Prometric are already conducting globally recognized tests such as Graduate Record Examination (GRE) and Test of English as a Foreign Language (TOEFL).

‘‘The CAT will be a CBT from this year onwards. The test will be conducted in a window of about ten days, sometime at the end of the calendar year. CBT CAT will be a candidate-friendly test in terms of flexibility in the selection of test date and ease of registration process,” Dr Krishnaswamy said.

The aspirants who had expected the CAT to turn into something similar to GMAT will, in fact, find that the format of the test has not altered much. As of now, CAT has merely been computerised. So instead of circling the answers on an OMR sheet, candidates will be clicking answers on a computer screen.

An IIM official said there was a likelihood of three sessions of the CAT being held in one day across the country in around 100 centres in such a way that approximately 3 lakh candidates could be accommodated in 10 days. “For this, we will be developing about 3,000 questions, instead of merely 100 that we come up with for each year’s test,” said the faculty member.

According to an official communiqué CAT will be a candidate-friendly test in terms of flexibility in the selection of test date, ease of registration process, better physical environment and test experience and enhanced
security in terms of biometric identification of candidates and video monitoring. CBT format also would improve communication between candidates and IIMs in terms of programme information, test delivery, receipt of admit cards, and receipt of score reports.

The test has been necessitated by the increasing number of candidates appearing for CAT. While about 95,000 candidates took CAT in 2003, the number rose to about 2.5 lakh in 2008, indicating 163 per cent increase. This has resulted in a severe strain on the IIMs to conduct CAT in its existing format.

IIM Bangalore hikes fee to Rs 11 lakh

BANGALORE : Taking cue from IIM Ahemdabad the Indian Institute of Management here hiked its fee for the Post-Graduate Programme to Rs 11 lakh, and increased the student intake capacity to 350 to accommodate the 27 per cent OBC quota from academic year 2009-2010.

After an IIM-B Board of Governors meeting here on April 2, Institute director Prof Pankaj Chandra announced that the Board had decided to hike the fee for the 2009-10 batch to Rs 5.25 lakh for the first year and Rs 5.75 lakh for the second.

The fee has been hiked by Rs 25,000 for this year’s batch and Rs 75,000 for the same batch the next academic year. Earlier, the IIM-B charged around Rs 9.5 lakh for its PG programme. The fee was split into Rs 4.5 lakh for the first year and Rs 5 lakh for the second.

Justifying the hike, he said: “As per the Sixth Pay Commission, teachers’ pension has been increased. We have around 200 professors and the pension has gone up significantly. ”Infrastructure demands due to the implementation of the OBC quota were cited as another reason. Prof Chandra also pointed out that the institute did not receive any government grant.

On the OBC quota, Prof Chandra said: “For the forthcoming academic year, 350 students will be admitted as per the quota implementation. At present 275 students are being admitted. We will add another section to implement the quota as the student intake has increased. Simultaneously, the students intake in other programmes like the executive programmes and the public policy programme will also be increased.” As much as Rs 45 crore has been earmarked for the construction of students hostel, teachers’ quarters and classrooms. “We will begin the construction of new classrooms soon. A teachers’ residential quarters, a cafe and a students’ hostel with 300 rooms will also be constructed on the campus,” Chandra added.

Ahemdabad IIM hikes fee, becomes costliest   

AHEMDABAD : The Indian Institute of Management, Ahmedabad, (IIM-A) has increased fees for its Post Graduate Programme in Management (PGPM) by Rs 50,000 from the year 2010-11, the institute director, Dr Samir Baura said here on March 29.Dr Samir Baura

“Last year we had decided that the fee for PGPM for 2008-09 would be Rs 5.5 lakh and for 2009-10 it would be Rs 6 lakh. The Board of the Institute has decided that the fee for year 2009-10 for the coming batch will remain the same,” Mr Barua said after a meeting of IIM-A Board of Governors here.

When asked about the rationale behind the hike in the fee, Baura said, "with the passage of time the cost of teaching goes up. We have to account for increase in the cost of everything."

But for the second year, that is 2010-11, the fee will be Rs 6.5 lakh, an increase of Rs 50,000. So the batch of 2009-11 of the PGPM will be paying a maximum of Rs 12.5 lakhs for the course, he said.

“But the fee waiver scheme which we had started last year will continue for the next year. There were 21 students last year who did not have to pay anything at all for the course,” Barua said.

Barua said foreign universities keep on revising their teaching methods and programme. So we too need to continue evolving to compete with them. When asked if the increase in fees will continue on a regular basis, he said, That we don’t know. It will depend on the situation next year. The Board will decide next year if there has to be another revision or not, he added.

Taking about the average fee collection, Barua said it will go down considerably as the OBC quota will be increased to 13 per cent this year from last year’s six per cent.

OBC applies to mainly non-creamy layer so the income levels will be below Rs 4.5 lakh per annum. Therefore large number of OBC students will be entitled for subsidies under our fee waiver scheme, he said.

Chairman of the IIM-A board of governors, Vijaypath Singhania said, “despite the hike in fees, we are leaving large part of our increase in cost uncovered which will come from our corpus.”

He said IIM-A will be making arrangements to accommodate additional number of OBC students, for which the Central government has already committed Rs 34 crore for capital expenditure. The approximate increase in the intake of IIM-A’s PGPM course this year will be 353 including the OBC students.

The global meltdown has also impacted money-spinning executive programmes run by the institute, the sources said. So much so that the institute had decided to seek central grants for infrastructure expansion programmes — something it had not done in the last five years after going on a collision course with the HRD ministry during the NDA regime.


Lucknow IIM to hike seats in PGP programme

LUCKNOW : Indian Institute of Management-Lucknow has decided to increase the number of seats in its flagship course- the post graduate programme (PGP) in business administration from 240 to 300 from the new academic session.Dr Devi Singh, Director, IIM Lucknow

Prof Devi Singh, director, IIM-Lucknow, soon after the declaration of CAT results on January 8, told the reporters that the IIM expects to add 60 more seats in the PGP business administration course from next session.

Final announcement of the increase in seats will be made after completing some formalities. He said that group discussion and interviews will be held in February. The process is expected to conclude in April following which final admissions will be done.

Regarding OBC quota in admissions, Prof Singh said that IIMs will go by the verdict of the Supreme Court which is currently hearing the case on implementation of reservation in elite institutes like IITs and IIMs.

While around 1300 candidates were called for group discussions and interview last year for admissions in 240 seats in PGP business administration and 30 seats in agri-business course, the number can increase this year in proportion to the rise in seats.

The list of candidates to be called for group discussion and interview has been finalised. Candidates will soon receive invitations from the institute.

Over 2.3 lakh candidates had appeared for CAT held on November 19, 2007, for admissions to various IIMs. The CAT score is also used by many other management institutes, including management courses of the Lucknow University, for admissions.

IIMs' official percentile cut-off put at 99.3

BANGALORE : The Indian Institute of Managements (IIMs) which had announced their results nearly a week ago, have now disclosed the criteria for shortlisting the candidates for Group Discussions (GD) and Personal Interview (PI).

The IIMs have already dispatched the interview letters to the short-listed candidates for PI and GD based on the overall percentile and cut-off percentile in each section. Of the four IIMs - Ahmedabad, Calcutta, Indore and Kozhikode- the IIM-Ahmedabad has a cut off percentile of 99.3 and above. That’s not all.

The candidates should have a minimum percentile of 95.6 and above, in each of three sections - Data interpretation, Quantitative Ability and Verbal Ability. Well, it’s not surprising given the vigorous selection process, that only 557 candidates can make to the interview stage at IIM-A.

Further, the institute has also mentioned that if the Supreme Court vacates the stay before the admission list for 2008-09 is announced then OBC candidates will be 17 and general will come up to 192.

Categories

The minimum percentile required for an OBC candidate to make it to IIMA in each section is 92 and above and an overall percentile is 98.5 and above. Only 54 candidates will be shortlisted for the interview.

In case of IIM-Calcutta, the overall cut-off percentile is a bit less compared to the IIM-A. The overall percentile score required for candidates to be short listed for GD and PI, is 98.96. The minimum percentile required for the open category in three sections are as follows: Section 1- 95.02; Section 2 - 95.07 and Section 3 - 94.7.

Like other IIMs, IIM Indore (IIM-I) too has shortlisted the candidates for GD and PI based on their performance in CAT, academic record and relevant work experience.

The institute has initial screening criterion to generate the consideration set of candidates. And, this criterion is used to determine the initial pool of eligible candidates.

The minimum percentile required for first shortlist for general and OBC category is 85 and for all the three sections the percentile is 80. For SC, ST and PWD, the overall percentile is 65 and for all the sections is 60.

The candidates in the final shortlist should have an overall percentile of 98.09 for general category; 96.76 for OBC, 84.40 for SC, 76.30 for ST and 78.90 for PWD.

In IIM Kozhikode (IIM-K), the PWD category has been classified into three sections: PWD 1, PWD 2 and PWD 3 and overall percentile for these categories are: 70, 15 and 80 respectively.

However, the total percentile for the general candidates is 98 while the minimum cut-off in all the three sections is 92.

Meanwhile, IIM Bangalore is yet to make public its cut-off percentile.