Indian Institute of Management Ahmedabad
|भारतीय प्रबंध संस्थान अहमदाबाद|
Motto in English
|Progress Through the Application of Knowledge|
|Type||Public business school|
|Chairman||Kumar Mangalam Birla (2016–present)|
|Dean||Shailesh Gandhi (Programmes), Errol D'Souza (Faculty), Rakesh Basant (Alumni & External Relations)|
|Students||405: PGP (2016–18)
45: PGP – ABM (2013–15)
90: PGPX (2016–17)
|Location||Ahmedabad, Gujarat, India
|Campus||Urban, 106 acres (0.43 km2)|
Indian Institute of Management Ahmedabad (IIM Ahmedabad or IIMA) is a public business school located in Ahmedabad, Gujarat, India. It was the second Indian Institute of Management (IIM) to be established, after IIM Calcutta. It is the "world’s toughest business school to get into", on the basis of its acceptance rate (0.25%). It is consistently ranked as one of the leading business schools in India and the Asia-Pacific region.
Established in 1961, the institute offers Post Graduate Diploma Programmes in Management and Agri-Business Management, a Fellowship Programme and a number of Executive Training Programmes. The institute is often referred to as WIMWI (Well-known Institute of Management in Western India). The Institute's first Director was the Indian physicist Vikram Sarabhai. The Director as of 2016 is Ashish Nanda.
IIM Ahmedabad was established on 11 December 1961 with the active support of the Government of India, the Government of Gujarat, Harvard Business School, and prominent members of Indian industry. The physicist Vikram Sarabhai and businessman Kasturbhai Lalbhai, both natives of Ahmedabad, played pivotal roles in setting up the institute. The institute's Kasturbhai Lalbhai Management Development Centre and a Kasturbhai Lalbhai Chair in Entrepreneurship are named in his honour. The management educator Ravi J. Matthai and several other Ahmedabad-based industrialists also played a major role in its creation.
The 1960s was a period when a course of management was not fully understood or appreciated by Indian industry. Initially, the institute faced difficulties in getting quality students in large numbers and convincing companies to hire these candidates. However, with time, as the leadership of major business houses changed, this mindset changed as well. The rise of IIMA graduates to top positions in businesses also improved the perception of IIMA. Today, it is one of the most difficult educational institutes in the world to get entry into.
The IIMA campus is situated across 106 acres in Vastrapur, Ahmedabad. The campus houses the academic blocks, faculty offices, student and faculty accommodation, the Dr. Vikram Sarabhai Library, the R.J. Mathai Auditorium, the Louis Kahn Plaza, the International Management Development Centre, the Kasturbhai Lalbhai Management Development Centre, the Centre for Innovation, Incubation and Entrepreneurship, sport facilities, several food outlets and merchandise stores.
In 1962, the IIMA board came to a formal agreement with the National Institute of Design (NID) for the latter to undertake the task of designing the IIM Ahmedabad campus. The National Institute for Design appointed American architect Louis Kahn and B.V. Doshi as architects for the project. Kahn worked on the IIMA project from 1962 until his death in 1974.
Kahn's architecture is characterized by the use of exposed red bricks, the extensive use of geometric shapes in hostels and academic blocks and vast corridors outside the classrooms. A number of tourists and architecture students visit the campus every year. The quadrangle between the main academic building and the classroom complex in the Heritage Campus is an open-air assembly named after Kahn and called the Louis Kahn Plaza.
IIMA announced an architectural competition for the extension of its campus in 1999, and the project was awarded to the Indian firm HCPDPM and architect Bimal Patel. This new campus was built on a plot across the road from the Heritage Campus. The two campuses are connected by an underpass, which houses an exhibition on Louis Kahn’s work.
Dr. Vikram Sarabhai Library
The library is named after the institute’s founder, renowned physicist Vikram Sarabhai. The library was instituted in 1962 and has one of the biggest collection of management books and databases in Asia. It houses over 193000 books and has online subscriptions to greater than 24000 journals. The library provides access to 100+ digital databases relating to scholarly, company and industry information to the IIMA community. The library is located at the Louis Kahn Plaza. The main building is currently undergoing renovation and has been temporarily shifted to KLMDC. TCS Foundation, the nonprofit arm of Tata Consultancy Services, is providing Rs 20 crore for the project, which has a projected completion date of 2018. The reimagined Library will focus on intelligent identification technologies, enhancing the library's digital content and seamless integration of the library's resources.
Students are provided single room accommodation in the 33 fully furnished dormitories spread across the campus. Married students can opt to live with their family in married students' hostels. Stay in dormitories is mandatory for students. Basic amenities including washing machines, refrigerators and TVs are available at each dorm. The architecture of the dormitories promotes sociability among the residents.
Like other IIMs, IIM Ahmedabad currently offers diplomas in management, not degrees. However, the Cabinet of the Government of India approved the IIM Bill in January 2017 which when approved will allow the IIMs to offer MBA degrees instead of diplomas.
- Post Graduate Programme in Management (PGP): IIMA's flagship programme, the PGP is a two year full time residential management programme. Admissions to PGP are primarily through the Common Admission Test conducted jointly by the IIMs. Of the 173,866 applications received for PGP for the 2012-14 batch, the Institute admitted 381 students, making it one of the world's toughest programmes to get admitted to. Its main objective is to "develop young men and women into competent professional managers, capable of working in any sector of organized activity, proceeding leadership and achieving excellence in performance while contributing to the welfare of the larger society." Students admitted to the programme comprise a little over 20% fresh graduates with the rest having work experience across the public sector, consulting, IT and IT services, industrial goods and finance.
- Post Graduate Programme in Food and Agribusiness Management (PGP-FABM): The Programme has been ranked as the best food and agribusiness programme in the world by Eduniversal Best Masters ranking. The programme has been constantly evolving, starting as a special program in Agriculture (SPA) in 1974, becoming a Post Graduate Program in Agri Business Management (PGP-ABM) to a Post Graduate Program in Food & Agri Business Management (PGP-FABM) in 2014.
- Post Graduate Programme in Management for Executives (PGPX): The PGPX is a one-year full-time programme residential for executives with substantial work experience. The programme allows students to bridge the gap between their current skill level and the desired skill level and provide an opportunity for them to make a career shift. Students are admitted to the programme through the GMAT. The 90 students admitted to the batch of 2017 have an average GMAT score of 710 and an average work experience of 8.5 years. Students have experience across industries like education, manufacturing engineering, healthcare, infrastructure, defense, energy, government, financial services, retail, management consultancy, telecom, IT & IT Services and shipping.
- Fellow Programme in Management (FPM): The doctoral programme of IIMA, FPM seeks to "provide students with necessary skills to identify and research complex issues in the field of management.". FPM students typically spend a little over four years at the Institute, including 2 years of course-work. Students admitted to FPM receive a comprehensive fellowship which covers all costs of education in addition to an allowance for living expenses. A total of 305 students have graduated from the programme to date.
- Armed Forces Programme (AFP): The AFP is a six-month full-time business management course designed to equip officers of India's armed forces with contemporary management skills through IIMA's time tested pedagogy.
- Exchange Programmes: IIMA has affiliations with 78 leading business schools across the world. In 2015-16, 140 students from IIMA spent a semester at affiliate business schools across North America, Europe, Africa, Australia and the Asia Pacific region, while 87 students from foreign colleges spent a semester at IIMA for the same period. The Institute has a Dual Degree programme arrangement with a few business schools such as HEC Paris, University of Bocconi, ESSEC Paris, University of Cologne and ESCP Europe. Some of the students going on exchange receive scholarships from the Institute, DAAD Germany, the French Government and participating schools.
In addition to the above, the Institute conducts a number of executive education and faculty development programmes through the year. In January 2017, IIMA launched India's first online management course with the two year e-Post Graduate Programme in Management for working executives and entrepreneurs.
|Business – international|
|Financial Times (MiM)||16|
|Financial Times (MBA)||24|
|Business – India|
IIM Ahmedabad is the premier business school in India. The Financial Times has ranked IIM Ahmedabad's PGP programme at #15 in its Masters in Management Ranking 2015 and PGPX programme at #24 in its Global MBA Ranking 2016. The Financial Times Global MBA Ranking 2016 ranked IIMA first on career progress globally, ahead of University of Chicago: Booth, Stanford Graduate School of Business and Harvard Business School. IIMA is the only Indian institute listed by The Economist in its 2015 Full-time B-school ranking, at #60.
In India, IIM Ahmedabad is ranked #1 by Business Today 2016, Outlook India 2016, India Today 2016, The Hindu BusinessLine-MBA Universe 2016 and Business World 2016. IIMA is ranked #2 by National Institutional Ranking Framework published by Ministry of Human Resource Development in April 2016
IIMA is accredited by the EFMB Quality Improvement System (EQUIS). It is also a member of Partnership in International Management (PIM), a consortium of leading international business schools.
Faculty, Pedagogy and Mentorship
IIMA's faculty comprise a mix of distinguished academicians, eminent entrepreneurs, theoreticians and scholars. 82 of 84 faculty members have PhDs with more than half of them with PhDs from universities outside India. In the past 15 years, faculty members have written 95 international cases, 405 papers in international journals and presented 459 papers at international conferences. Faculty members are involved in every aspect of the Institute: academics, governance, research, and consultancy. They serve on several government committees and as board members of India's leading companies. They have been extensively involved in policy formulation for financial institutions, corporations, NGOs and international agencies like the World Bank and WTO.
IIMA conducts its academic programmes through well defined academic units. These are:
- Centre for Management in Agriculture (CMA)
- Ravi J. Matthai Centre For Educational Innovation (RJMCEI)
- Business Policy
- Finance and Accounting
- Human Resources Management
- Information Systems
- Organizational Behavior
- Production and Quantitative Methods
- Public Systems Group
Every faculty member has a primary association with one of the above academic units and may additionally take up secondary membership with another academic unit.
As of July 2016, three chairs have already been announced and the institute plans to announce twelve more. The list of Chairs committed at IIMA are:
- NABARD Chair in Agribusiness
- RBI Chair in Finance & Economics
- JSW Chair in Innovation & Public Policy
- Edelweiss Chair in Finance
- Infosys Foundation Chair in Societal Development
- PwC Chair in Financial Reporting & Corporate Governance
- UTI Chair in Macroeconomics
- ATS Chair in Housing & Infrastructure Management
- Chandrika Tandon Chair in Leadership
- CRISIL Chair in Financial Markets
- ICICI Chair in Strategic Management
- Kasturbhai Lalbhai Chair in Management
- Prof. M N Vora Chair in Marketing and Entrepreneurship
- Reliance Capital Chair in Marketing
- SAP Chair in Social Innovation
Currently, the NABARD Chair in Agri-business is assigned to IIMA faculty Vasant Gandhi, the RBI Chair in Finance and Economics is headed by Abhiman Das, the JSW Chair in Innovation and Public Policy is assigned to Rakesh Basant and the Prof. M N Vora Chair in Marketing and Entrepreneurship is assigned to Arvind Sahay.
IIMA was set up with the assistance of Harvard Business School, and the Institute has adopted the case study based methodology developed by Harvard. The case method is used with a view to "develop skills needed for problem solving, decision-making, and implementation." IIMA publishes its own cases and has tie ups with the Ivey Case Centre and Harvard Business School.
IIMA, through its faculty, has been mentoring Indian Institute of Management Nagpur since its establishment in 2015. IIM Nagpur operates from temporary campus inside VNIT. It follows similar PGP program with faculty coming from IIM Ahmedabad.
The Student Affairs' Council (SAC) is the umbrella student body at IIMA that helps in the administration of the 40+ clubs and committees on campus. Below is a partial list:
- Abacus - The Quant Club: Also known as the "club that counts", Abacus conducts a number of games, workshops and lectures with an aim to generate interest in mathematics.
- BETA - The Finance Club: BETA, IIMA's Finance and Investments Club aims to cultivate interest in finance careers. The club’s activities are centred around diverse finance fields such as investment banking, securities, private equity, venture capital, retail banking, wealth management, insurance and microfinance. It also conducts workshops and speaker sessions through the year providing platforms for interacting with industry.
- Consult Club: The Consult Club seeks to help interested students pursue a career in management consulting. It connects students with faculty, alumni and professionals through activities designed to cultivate a better understanding of the profession. As a part of its community outreach programme, the Club developed an application to connect NGOs with individuals who wish to volunteer for social work.
- Eloquence: The Club seeks to help members of the IIMA community to improve their communication skills. Eloquence uses panel discussions, debates, creative games, book and movie reviews, press interviews and extempores in a supportive environment to enhance students' public speaking skills.
- Entre Cell : The Entrepreneurship Cell promotes and supports entrepreneurship among students at IIMA. They organise an Entre Fair annually to connect start-ups with students interested in pursuing entrepreneurship. In colloboration with CIIE, the Entre Cell organises a speaker series called How to Start a Startup, which has attracted speakers such as Sanjeev Bhikchandani and Ritesh Agarwal (Founder & CEO, OYO Rooms).
- Equipoise - The Economics Club: The Club focuses on cultivating an interest in economics among the student community at IIMA. It does this through creating opportunities for research in economics, organising speaker sessions and assists students understand the impact of economics on business.
- Finesse: An interest based club, Finesse promotes several forms of art on the IIMA campus. It seeks to create a platform for members of the IIMA community to be in touch with their creative side and organises a number of activities to hone their skills in arts and crafts.
- Forum for Industry Interaction (FII): IIMA's FII acts as a link between students of IIMA and industry and comprises India's largest student consulting body. Students form teams and provide solutions to problems faced by a number of companies across sectors, both domestic and international. Students also increasingly assist startups and social sector organisations. Some of the projects of the FII include carving out new avenues in adventure sports, creating an on online marketplace for products manufactured by self-help groups and designing a Hindi mobile application for an e-commerce giant.
- General Management and Leadership Cell (GMLC): The GMLC creates awareness about a career in general management for students at IIMA. It also organises industrial visits for students across a number of sectors.
- Heritage Club: The Heritage Club is a platform for exploring Ahmedabad's heritage, culture, food and art forms. It organises heritage walks, picnics and visits to local fairs and nearby sanctuaries among other things.
- IIMA Cultural and Theatrical Society (IIMACTS): IIMACTS is the theatre club of IIMA. One of the oldest clubs on campus, it produces a number of street and stage plays every year for the IIMA community, encompassing a range of ideas and themes in Hindi and English. The club also regularly performs its plays in a number of local and national competitions, including IIMA's Chaos.
- Literary Symposium Desk: The Literary Symposium Desk, mostly referred to as LSD, is IIMA's quizzing, debating and literary club. The Club organises debates, JAMs, general or theme based quizzes and word-game sessions on a regular basis and helps facilitate participation of IIMA in similar events at other campuses.
- Niche: Niche is IIMA's marketing club. It provides a common platform for faculty, IIMA alumni in marketing roles across the world and students interested in the field of marketing.
- Optima: Optima is IIMA's Operations Club. It is aimed at creating awareness about operations among students and discuss new opportunities in sectors like e-commerce. The club conducts speaker series, publishes articles on emerging trends in operations and organises simulations.
- Prakriti - Prakiriti, IIMA's nature club, was established with the objective of providing a meeting ground for nature lovers. It is now a hub for nature appreciation and environmental consciousness in the IIMA community. Prakriti lights up the campus with its workshops, bird-watching trips, competitions and social initiatives throughout the year.
IIMA’s culture is characterised by the rigour it inculcates in its students. Lectures commence at 8.45 am every morning, with little room for being even a minute late or missing even a single class. Another typical feature of the IIMA life are the surprise quizzes that may be announced at the tick of 1.45 p.m. Former IMF Chief Economist Raghuram Rajan reminisced his days at IIMA, stating that they were the hardest in his life, having had to work 80 to 90 hours a week. Beyond academics, students pursue several interests through the 40+ student bodies and interest groups on campus. Sports form an important component of campus life and the Institute elaborately celebrates all Indian festivals, including local festivals like Garba night in the Navratras and Kite flying on Makar Sankranti. With reference to faculty and administration, the peer culture, the system of committees, the habit of periodical review, the balance of power between the director and faculty have become central to the IIMA culture that Vikram Sarabhai and Ravi J. Matthai carefully fostered.
IIM Ahmedabad has extensive facilities for sports and fitness. The Heritage Campus houses a Sports Complex which has state-of-the-art facilities for badminton, squash, table tennis and billiards. The campus has 2 lawn tennis courts, a basketball court, volleyball courts, grounds for football, cricket and ultimate frisbee, a jogging track in addition to a fitness centre and yoga room. Students actively play and participate in sports competitions through the year. The Institute participates in Sangharsh, an annual sports competition between IIM Ahmedabad, IIM Bangalore, IIM Calcutta and IIM Lucknow. IIM Ahmedabad were declared winners of Sangharsh for three consecutive years: 2014, 2015 and 2016. The Institute also hosts an inter-collegiate sports fest, Shaurya.
Confluence: Confluence is the annual international management symposium hosted by IIM Ahmedabad. This flagship event was started in 1999. The primary events at Confluence include Masterplan, the business plan competition; a business quiz event; a business simulation event and a business strategy simulation event The speaker series at Confluence has seen eminent speakers in the past including Ratan Tata, Vijay Mallya, Mukesh Ambani, Kiran Bedi, Sunil Bharti Mittal, Chandrababu Naidu, Rakesh Sharma etc.
Chaos: Chaos is the annual cultural festival of IIMA and one of the biggest in the region. Its yearly editions have been centred on themes like diversity, colour or going green. The cultural festivities draws footfalls of around 50,000 visitors from Ahmedabad over four days and participation from institutes across the country. ProNites are especially a huge success with a large number of top class artists coming and performing on one stage. In the past, Chaos has witnessed musical performances by Jagjit Singh, Amit Trivedi, Raghu Dixit, Mohit Chauhan and Shankar Ehsaan Loy to name a few.
Insight: Insight is the annual Market Research festival of IIMA and is one of the oldest events organised by the institute. Insight is known for its application of innovative marketing research tools.
ConneXions: ConneXions is the flagship event for the PGPX program at IIMA. It is a knowledge summit that epitomizes the vibrancy and buzz of a business school. ConneXions has seen a lot of eminent speakers from the industry including Suresh Prabhu, Kiran Karnik, Ramaswami Balasubramaniam, Ram Sewak Sharma, Tamal Bandyopadhyay, Shyam Srinivasan etc.
In addition to the above, the Institute organises: Amaethon, an international food, agribusiness and rural summit; Convergence, a management conference organised by the Armed Forces Programme; two sports fests - Sangharsh (on a rotational basis with IIM Bangalore, Calcutta and Lucknow) and Shaurya.
The placement process at IIM Ahmedabad is a student driven process that institutionalises placements for the entire batch. The Economist in 2015 ranked IIMA at #1 on opening new career opportunities, ahead of Harvard Business School and INSEAD, and the Financial Times ranked IIMA #1 globally on career progress. The Placement Committee elected by the students liaisons between the Institute administration, students and recruiters. Placements for the PGP and PGP-FABM courses are characterised by two phases - summer placements for the first-year batch and final placements for the graduating batch. The placement process for the graduating is conducted in two stages. The first is the laterals process where firms interview students with prior work experience and offer them mid-level managerial positions. The second stage is the final placement process. Companies from multiple sectors across different geographies hire candidates for a wide range of functions 
Top firms from diverse sectors such as Analytics, Banking & Financial Services, Consumer Services, Internet & E-commerce, Management Consulting, Pharmaceuticals and Technology participated in the laterals process. The final placements witnesses participation from top recruiters in cohorts like Strategy and Niche consulting, Banking & Financial Sector, PE/VC, Sales and Marketing, General Management and Leadership, Internet and E-commerce, and Technology sector. IIM Ahmedabad introduced the IPRS to achieve standardisation of placement reporting across business school. It is an effort from the institute to create an edifice of transparency, integrity and accountability in the intellectual architecture of learning and sharing.
- Ashish Nanda - Director, Indian Institute of Management Ahmedabad, former Robert Braucher Professor of Practice and Director of Executive Education at Harvard Law School
- C. K. Prahalad '66 - Paul and Ruth McCracken Distinguished University Professor of Corporate Strategy at the Ross School of Business; author of The Fortune at the Bottom of the Pyramid
- Srikant M. Datar - Arthur Lowes Dickinson Professor of Business Administration, Faculty Chair of the Harvard Innovation Lab, HBS One Harvard Faculty Fellow and Senior Associate Dean for University Affairs at Harvard Business School
- Labdhi Bhandari '67 - State Trading Corporation Professor of Marketing, Indian Institute of Management, Ahmedabad
- Shekhar Chaudhuri '79 - former Director, Indian Institute of Management Calcutta
- Ravi Jagannathan '72 - Chicago Mercantile Exchange/John F. Sandner Professor of Finance at the Kellogg School of Management
- Ajit Rangnekar - Dean, Indian School of Business
- Marti G. Subrahmanyam '69 - Charles E. Merrill Professor of Finance at the Stern School of Business, New York University
- Atul Tandon - academic and director of Mudra Institute of Communications, Ahmedabad from 2001–2009
- Samir Barua, 10th director of the Indian Institute of Management, Ahmedabad
- Sushil Vachani, former Director, Indian Institute of Management, Bangalore and Professor of Strategy and Innovation, Boston University
- Beheruz Sethna, '73: President & Professor of Business, University of West Georgia
- Ajay Singh Banga '81 - Global President and Chief Executive Officer, MasterCard
- Ivan Menezes, Global Chief Executive Officer, Diageo
- K. V. Kamath '71 - President, New Development Bank (BRICS Development Bank, Non-executive chairman, Board of Directors, ICICI Bank; lead Independent Director, Infosys; former Chairman of the Board of Directors of Infosys, 2011–13
- Shikha Sharma '80 - Managing Director and Chief Executive Officer, Axis Bank
- M. S. Banga '77 - senior partner, Clayton Dubilier & Rice
- Sarthak Behuria '73 - former Chairman of Indian Oil Corporation; former Chairman and Managing Director of Bharat Petroleum
- Sanjeev Bikhchandani '89 - founder and Executive Vice Chairman, Infoedge and naukri.com
- Piyush Gupta '83 - Chief Executive Officer, DBS Bank
- Kiran Karnik '68 - former President of NASSCOM; current Chairman of the National Committee on Telecom & Broadband at the Confederation of Indian Industry
- Mahendra Mehta - CEO, Vedanta Resources plc.
- Suresh Vaswani '85 - President, Dell Services
- Ashok Vemuri - CEO of IGATE
- Rajesh Gopinathan '96 - Chief Executive Officer, Tata Consultancy Services
- Nelabhotla Venkateswarlu, former CEO of Emami House
- Bhaskar Bhat - Managing Director, Titan Industries
- Sanjeev Chadha - Chief Executive Officer, PepsiCo (Asia, Middle East and Africa)
- Bharat Puri '82 - Managing Director, Pidilite Industries
- Gautam Kumra '93, Managing Director, McKinsey and Company (India)
- Neeraj Swaroop '82 - Chief Executive Officer, Standard Chartered Bank (India and South Asia)
- Deep Kalra - Founder and Chief Executive Officer, MakeMyTrip
- Raghuram Rajan '87 - Governor of the Reserve Bank of India; former chief economic advisor of the Government of India, Chief Economist at the International Monetary Fund and Eric J. Gleacher Distinguished Service Professor of Finance-University of Chicago's Graduate School of Business
- Arvind Subramanian '81 - Chief Economic Adviser, Government of India
- JS Deepak '82 - Telecom Secretary, Government of India
- Prem Das Rai '78 - Member of Parliament, Sikkim constituency, 15th Lok Sabha
- Kirit Raval '73 - former Solicitor General of India
- Amit Khare - Chief Secretary, Government of Jharkhand
- Rashmi Bansal '93 - author and entrepreneur
- Chetan Bhagat '97 - author, columnist and speaker
- Sidin Vadukut '05 - author and Managing Editor, Mint
- Samit Basu, a novelist, graphic novelist and screenwriter.
- Rahul Roushan (2007) - founder of Faking News and Chief Strategy Officer of Swarajya magazine.
Social Sector, Arts and Sports
- Salil Shetty '83 - Secretary General, Amnesty International
- Ashok Alexander '78 - Former India Director, Bill & Melinda Gates Foundation
- Gaurav Dagaonkar '06 - music director, vocalist and songwriter
- Vijay Mahajan '80 - founder and CEO of the BASIX initiative
- Mallika Sarabhai '74 - classical dancer; activist; director of Darpana Academy, Ahmedabad
- Harsha Bhogle '85 - cricket commentator and journalist
- Detailed List of IIM Ahmedabad alumni
Centre for Innovation, Incubation and Entrepreneurship (CIIE)
Centre for Innovation, Incubation and Entrepreneurship (CIIE) is a research centre started in 2002 by faculty members of IIM Ahmedabad. It was later repurposed as an incubator with partnership with the Government of India and Government of Gujarat. In 2014, CIIE emerged as the #1 accelerator in the Asia and Oceania region by quantum of funding to young startups. The CIIE also runs the Mavericks Programme for students of IIMA.
The Mavericks Programme
Students in the first year batch at IIM Ahmedabad also have the opportunity to work under the CIIE, to build upon their entrepreneurial ideas during the summers, instead of doing an internship. 5 students from Class of 2018 opted out of summer placement process to work on their own ventures under the guidance and mentorship of CIIE. Students interested in starting their own ventures after completing their course at IIMA can do so under the guidance and mentorship of CIIE, and can opt to participate in placements in one of the next two years in the event that their venture does not work out. From the batch of 2016, eight students opted out of the placement process to work on their startups in sectors like adventure tourism, data analytics, e-commerce, food processing among others.
IIMA has been instrumental in influencing the business landscape of the country, with the highest proportion of BSE 500 CEOs (who have an MBA) coming from IIMA. More than 400 students provide live consulting for businesses through the Forum for Industry Interaction annually. 84 projects were undertaken by students in 2015.
A key study by IIMA on salaries in the private and public sector helped shape the 7th Central Pay Commission’s recommendations. Professors from IIMA have been appointed to eminent panels and committees, responsible for shaping key policies, by the government. IIMA’s Gold Policy Centre is in the process of publishing a paper on the government’s Gold Monetization Policy. The Punjab Prisons Department has signed an MoU with IIMA for a prison modernization project. The Central Vigilance Commission has asked IIMA to come up with India’s first index to measure perceptions of graft and corruption, based on the Corruption Perceptions Index of Transparency International. Key studies on state health indexes have also been released by IIMA, helping to highlight the progress made on the same by various states across the country.
Through its Executive Education programs, IIMA will train key senior officers from Chattisgarh, as well as state Chief Minister Raman Singh, focussing on key management practices and project management. Officers from the Delhi Jal Board will also undergo training on Project and Risk Management. An MoU has also been signed between the institute and the Delhi Govt to train the principals of all 1024 schools run by it, with the training to be conducted by the RTE Resource Centre.
RTE-RC: The Right to Education Resource Centre (RTE-RC), started by a group of students under the guidance of Prof. Ankur Sarin, helps parents fill out forms and get children admitted under the RTE Act, while also raising awareness about the issue of underutilization of the Act. The Centre received 1800 application in its first year of operation, raising the number of children admitted under RTE from 30 in 2013 to nearly 600 in 2014.
Prayaas: Launched in 2004, Prayaas impacts the lives underprivileged students by directly providing them a higher quality of education through specially appointed teachers, with classes running out of the New Campus, as also through funding drives that enable students to move to better schools, in a hope for better education and better lives. The IIMA community actively helps the children with their homework and preparation for examinations. Additionally, the children use the campus' facilities and participate in activities like painting, dance, crafts, etc.
SMILE: IIMA, in association with the Wagh Bakri Group, set up an initiative called SMILE (Student Mediated Initiative for Learning to Excel) to educate underprivileged kids wherein students will conduct classes in their free time. This has been piloted in a space provided by the Ahmedabad Municipal Corporation (AMC) under a flyover near the IIM-A campus.
IIM Ahmedabad has been cast as the background for several books. “Stay Hungry Stay Foolish” is a book by the Indian non-fiction author Rashmi Bansal (an IIMA alumnus). It features stories of 25 IIMA alumni who left lucrative jobs to pursue entrepreneurship. The book created a new record in Indian publishing by selling over 300,000 copies and has been translated into eight languages.
The campus was the backdrop for the popular Bollywood movie 2 States, based on a book of the same name authored by Chetan Bhagat, an alumnus. The film is a romantic story, set in IIMA, of a Punjabi boy who falls in love with a Tamil girl, and the ensuing cultural clash between them and their families. The film was a box office hit and grossed over Rs. 1.7 billion in revenues.
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