The Indian Institutes of Management (IIMs) are a group of 20 public, autonomous institutes of management education and research in India. They primarily offer postgraduate, doctoral and executive education programmes. The establishment of IIMs was initiated by Jawaharlal Nehru, the first Prime Minister of India, based on the recommendation of the Planning Commission.
IIMs are registered as societies under the Indian Societies Registration Act. Each IIM is autonomous and exercises independent control over its day-to-day operations. However, the administration of all IIMs and the overall strategy of IIMs is overseen by the IIM council. The IIM Council is headed by India’s Minister of Human Resource Development and consists of the chairpersons and directors of all IIMs and senior officials from the Ministry of Human Resource Development of the Government of India.
After India became independent in 1947, the Planning Commission was entrusted to oversee and direct the development of the nation. India grew rapidly in the 1950s, and in the late 1950s the Commission started facing difficulties in finding suitable managers for the large number of public sector enterprises that were being established in India as a part of its industrial policy. To solve this problem, the Planning Commission in 1959 invited Professor George Robbins of UCLA to help in setting up an All India Institute of Management Studies. Based on his recommendations, the Indian government decided to set up two elite management institutes, named Indian Institutes of Management. Calcutta and Ahmedabad were chosen as the locations for the two new institutes.
The institute at Calcutta was established first, on 13 November 1961, and was named Indian Institute of Management Calcutta or IIM Calcutta. It was set up in collaboration with the MIT Sloan School of Management, the government of West Bengal, the Ford Foundation and the Indian industry. The institute at Ahmedabad was established in the following month and was named Indian Institute of Management Ahmedabad. Like MIT Sloan in the case of IIM Calcutta, Harvard Business School played an important role in the initial stages of IIM Ahmedabad.
In 1972, a committee headed by Ravi J. Matthai took note of the success of two established IIMs and recommended the setting up of two more IIMs. Based on the committee’s recommendation, a new IIM was established in Bangalore (IIM Bangalore) the next year, and was originally intended to cater exclusively to the needs of public sector enterprises. In 1981, the first IIM Review Committee was convened to examine the progress of the three existing IIMs and to make recommendations. The committee noted that the three IIMs were producing around 400 PGP graduates every year and that they had reached their optimum capacity. It proposed the opening of two more IIMs to meet the rising demand of management professionals. It also recommended expanding the Fellowship programmes to meet the growing demand of faculty in management schools in India. The fourth IIM (IIM Lucknow) was established in 1984 based on the committee’s recommendation.
Two more IIMs were established in Kozhikode (IIM Kozhikode) and Indore (IIM Indore) in 1996. Since 2007, fourteen new IIMs have been set up, taking the total number of IIMs to 20, IIM-Jammu being the latest one started in 2016.
The list of Institutes are-:
Indian Institute of Management Ahmedabad was the second IIM to be set up, on 16 December 1961.
Indian Institute of Management Bangalore, the third IIM to be established, was set up in 1973. Its main campus is located in Bilekahalli, Bangalore.
Indian Institute of Management Lucknow is the fourth IIM to be established, in 1984. In addition to its primary campus in Lucknow, it has an additional campus in Noida.
Indian Institute of Management Kozhikode, the fifth IIM, was established in 1996 and started its first batch of students in 1997. IIM Kozhikode was the first institute in Asia to offer a distance learning programme in management for working executives.
Indian Institute of Management Indore, the sixth IIM, was established in 1996. Its 193 acres (78 ha) campus is located on at Rau, near Indore.
Indian Institute of Management Shillong, also known as Rajiv Gandhi Indian Institute of Management, was the seventh IIM established, following a 2005 decision by the Government of India. The foundation stone of the institute was laid on 1 December 2007 and started its academic session from 2008–’09.
Indian Institute of Management Rohtak, the eighth IIM to be inaugurated, was the first of the six IIMs established in 2010–2011 as part of the Eleventh Five-Year Plan. It was inaugurated and started operation on 30 June 2010 with IIM Lucknow as mentor, from a temporary campus at Maharishi Dayanand University.
Indian Institute of Management Ranchi, the ninth IIM to be established in 2010 with IIM Calcutta as its mentor, started operations on 6 July 2010.
Indian Institute of Management Raipur, the tenth IIM, was inaugurated on 11 October 2010. It was mentored by IIM Indore. It currently operates at the Government Engineering College (GEC), Sejbahar. Construction of the permanent campus has started on August 2011.
Indian Institute of Management Tiruchirappalli, the eleventh IIM, was inaugurated on 4 January 2011. It was mentored by IIM Bangalore and operates temporarily from the campus of National Institute of Technology, Trichy. It would be shifting to its permanent campus spread across 175 acres in January 2017. It also has its campus in Chennai which offers program in Business Management for executives.
Indian Institute of Management Kashipur, the twelfth IIM, started operation in July 2011, under the mentorship of IIM Lucknow. The foundation stone for the permanent campus in the Escorts Farm Area of Kashipur, Uttarakhand, was laid in April 2011.
Indian Institute of Management Udaipur, the thirteenth IIM, started operation in July 2011 from a temporary campus at the Mohanlal Sukhadia University. Initially proposed to be slated under the mentorship of IIM Indore, the institute is the first new IIM working autonomously since its inception in 2011. Construction of the permanent campus has begun, and the first phase would be complete by April 2016.
Indian Institute of Management Nagpur, the fourteenth IIM, commenced operations in 2015 under the mentorship of IIM Ahmedabad. The institute is operating out of a temporary campus VNIT, with its own permanent campus under development and expected to be ready in 3–4 years.
Indian Institute of Management Visakhapatnam, the fifteenth IIM, commenced operations in 2015 under the mentorship of IIM Bangalore. The institute is operating out of a temporary campus from Andhra Bank School of Business Building in Andhra University campus, with its own 300 acre permanent campus under development at Gambheeram and is expected to be ready in 3 years.
Indian Institute of Management Bodh Gaya the sixteenth IIM, is located in the sprawling campus of Magadh University (Bodh Gaya). Till its 118-acre permanent campus comes up, IIM Bodh Gaya will operate from the state-of-the art Institute of Distance Education building of the Magadh University. The newly constructed boys and girls hostel are already in place. IIM Bodh Gaya is being mentored by the IIM Calcutta (the oldest IIM in the country).
Indian Institute of Management Amritsar is temporarily located in the campus of Government Polytechnic College, till its own 60 acre permanent campus comes up at Manawala on Amritsar-Jalandhar GT Road. IIM Amritsar is being mentored by the IIM Kozhikode, is the seventeenth IIM.
Indian Institute of Management Sambalpur the eighteenth IIM is temporarily located in the campus of Silicon Institute of Technology, Sason. Its own 200 acre permanent campus coming up at Basantpur. IIM Sambalpur is being mentored by the IIM Indore.
Indian Institute of Management Sirmaur started operation in 2015. It is being mentored by IIM Lucknow. It is temporarily located in the campus of Himachal Institute of Technology, in Paonta Sahib till its own 200 Acre permanent comes up at Dhaulakuan.
Indian Institute of Management Jammu started operation in 2016. It is being mentored by IIM Lucknow. It is temporarily located in the campus of Government College of Engineering and Technology, Jammu at the old university campus.