About
The Indian Institutes of Management (IIMs) are a network of 21 autonomous public business schools in India, offering various postgraduate, doctoral, and executive programs in management. Established by the Indian government, they are known for their rigorous curriculum, high-quality faculty, and strong industry connections, making them prestigious institutions for management education.
Vision
IIM's vision is to be an institution of global eminence that fosters management research and education, and develops leaders who create positive societal impact.

Mission
Its mission is to create and disseminate knowledge through research and practice in emerging management areas, while developing socially conscious, competent, and ethical business leaders and researchers.

Placement
During the placement season of 2025 for the Post Graduate Program in Human Resource Management (PGPHRM), the performance metrics revealed that the average salary package stood at INR 25 LPA. In addition to these figures, the summer placements for the 2024-26 batch at IIM Indore showcased remarkable opportunities. The highest stipend offered reached INR 4 lakh, with the average stipend landing at INR 2.44 lakh. This indicates a strong demand for graduates from this program and highlights the valuable positions they are securing in the job market.

Admission Process
The Indian Institutes of Management (IIMs) primarily use the Common Admission Test (CAT) as the initial step in their MBA program admissions process. Shortlisted candidates based on CAT scores then participate in further rounds, including a Written Ability Test (WAT) and a Personal Interview (PI). The final selection is based on a composite score considering CAT, WAT, PI, and other factors like academic and work experience.
More details about this:
1. CAT Examination:
Candidates need to register for and appear for the CAT exam, which is conducted by the IIMs.
CAT assesses candidates in three main areas: Verbal Ability & Reading Comprehension (VARC), Data Interpretation & Logical Reasoning (DILR), and Quantitative Ability (QA).
2. Shortlisting for WAT and PI:
IIMs release separate shortlists based on CAT scores and other criteria specified by each institute.
Candidates who meet the minimum sectional and overall percentile cutoffs are invited for the next stage, which includes WAT and PI.
3. Written Ability Test (WAT) and Personal Interview (PI):
WAT assesses a candidate's ability to express their thoughts and ideas in writing.
PI evaluates a candidate's personality, communication skills, and suitability for the program.
4. Final Selection:
The final selection is based on a composite score, taking into account CAT scores, WAT/PI performance, academic background, work experience, and other relevant factors.
Each IIM has its specific weightage for each of these components.
Admission offers are typically sent out in May.

Scholarship
IIMs (Indian Institutes of Management) offer various scholarships and financial aid options, including merit-based scholarships, merit-cum-means scholarships, and need-based financial assistance programs. These scholarships aim to support students from diverse backgrounds and ensure that financial constraints don't hinder access to quality management education.
Types of Scholarships and Financial Aid at IIMs:
Merit-based Scholarships:
Awarded to students with high academic standing, often based on their performance in entrance exams or academic records.
Merit-cum-Means Scholarships:
Combine academic merit with financial need, providing support to students who demonstrate both academic excellence and financial need.
Need-Based Financial Assistance:
Offered to students who demonstrate a significant financial need, often based on family income and other relevant factors.
Specific Scholarships:
Some IIMs have specific scholarships funded by alumni, corporate partners, or other organizations.
Educational Loans:
Many IIMs facilitate access to educational loans through partnerships with banks, making it easier for students to finance their MBA studies.