Everybody knows that IIM A (IIM Ahmedabad) is one of the most reputed MBA colleges in India and a dream place for most MBA aspirants to study. Well, many of you must not be knowing the fact that IIM A falls under 50th top MBA college in the world as per QS 2021 Rankings. To know more such reasons and facts about IIM Ahmedabad, read on.
IIM Ahmedabad’s most sought after program is PGP (equivalent to MBA), followed by the one year MBA course PGPX. The admission for the PGP program is done through the CAT exam and for PGPX, it is done through the GMAT exam. The MBA institute also considers work experience and past academics from 10th to graduation for the admission.
The quality of education, research initiatives, workshops and student exchange programs are such that MBA graduates often bag salaries between 20 – 26 LPA INR. Many students after passing from IIM A also opt for starting their own business. IIM A offers full support to innovative and entrepreneurial minds.
Facts that make this MBA College in India be Class Apart:
Established in 1961, IIM A offers PGP in Management, PGP in Agri-business Management, a fellowship program and several executive training programs. Mr Ravi J. Matthai founded this MBA college in India. Other notable founding members were Vikram Sarabhai (Indian Physicist), Kasturbhai Lalbhai (Indian Businessman) and Kamla Chowdhary (Indian Educator). So, you can see that IIM A boasts a rich legacy. Here are some of the notable features about the college below:
IIM A Campus
A superb campus is the hallmark of any premier MBA college in India. You will find the same in IIM A as well. The IIM Ahmedabad campus is spread over a sprawling 102 acres of land in Vastrapur, Ahmedabad.
You will find an entire city inside the campus which includes-
- Academic Blocks.
- Offices of faculty, Accommodation for students and faculty.
- J. Matthai Auditorium, the Library named after Vikram Sarabhai.
- The Plaza of Louis Kahn, the IMD Centre (International Management Development Centre).
- The Centre for Innovation
- The Kasturbhai Lalbhai Management Development Centre
- Incubation and Entrepreneurship Centre
- Playgrounds, Canteens, Cafes, and Merchandise stores.
IIM Ahmedabad Research Centres
The university boasts of Research Centres managed by Faculty Members.
- The Centre for Innovation, Incubation & Entrepreneurship (CIIE) established by IIM A in 2012 came into existence as a research institution. This centre supports about 40 to 60 ventures each year through the iAccelerator programs, seed investment program and incubation spaces. The centre boasts of 20,000 sq. ft of incubation space in Ahmedabad.
- IIM A also has India Gold Policy Centre as the Research Centres along with various other Research Centres – Centre for Infrastructure Policy & Regulation, Centre for Management of Health Services, Centre for e-Governance, IIM Ahmedabad – Idea Telecom Centre of Excellence, Centre for Retailing.
IIM A: Student Exchange programs
IIM Ahmedabad has tie-ups with 78 top MBA Institutes in the world. The institute offers a Dual Degree and opportunity for 1 term exchange with some of the top colleges in the world. They have tie-ups with Bocconi University, HEC Paris, University of Louvain, University of Cologne, EDHEC Business school, ESSEC Business School – Paris, ESCP Europe and Emlyon Business School.
Some of the meritorious and deserving students often receive various scholarships from the institute, DAAD Germany, the French Government and other participating colleges when they participate in such exchange programs.
Through the exchange programs, students can learn about other cultures, way of living and learn about business functioning in other countries. It leads to healthy learning among the students.
IIM Ahmedabad Placements
When it comes to placements, there are very few colleges which are on par with IIM A. The MBA institute in India is not only known for its excellent ROI. Last year only, the MBA graduates from IIM A bagged an average package of 25 LPA INR against a course fee of 23 LPA INR. If this was the average package, then the highest domestic package was 81 LPA INR. IIM Ahmedabad is also known for superb international placements. Last year the highest international package was a whopping 1.32 CPA INR.
Placements are the only thing that happens to be in the minds of most MBA students. At IIM A, last year various employers from Finance, Consulting, Marketing, and General Management sector hired its students. As per the data some of the top employers last year were – Flipkart, Amazon, Dabur, Paytm, Adani, PWC, Nestle, and many more.
IIM A: The Impact on our Business Culture and Society
Being such a prestigious institute IIM A has influenced the business setup of India since ages. Till date, it boasts the highest number of BSE 500 CEOs. Also, more than 400 students every year offer live business consultation through the Forum for Industry Interaction.
IIM A has also played a major role over the years indirectly by shaping India’s Monetary Policy. So far, 4 Governors of Reserve Bank of India were from this college. Their names are – Y. V. Reddy (Faculty), I. G. Patel (Faculty), C. Rangarajan (Faculty), and Raghuram Rajan (Student).
Also, IIM A has been instrumental in playing a role in matters related to Public Policy. The research findings of this great MBA college in India on the salaries of employees in government and private companies have formed the basis of the 7th Pay Commission. IIM A has also released findings of key studies on the state health indexes.
Whenever you dream of an MBA from a reputed institute, you look for the overall quality of the institute. The number of social, cultural and educational initiatives taken by IIM A will bound to make your educational experience one to remember. Such campuses, research facilities, exchange programs impart holistic education to the students.
IIM A: Some Notable Alumni
This prestigious institute has given us some famous personalities to the country, to name a few – Harsha Bhogle (Cricket Commentator), Chetan Bhagat (Writer), Sanjeev Bikhchandani (Naurkri.com), Arvind Subramanian (Indian Economist), and Deep Kalra (Founder – MakeMyTrip) are all alumni of IIM A.
Students who have applied for IIM A this year and hoping to make it to the Final Merit List will have an experience of their lives in case selected. Also, students who want to plan for CAT 2021 or GMAT 2021 can consider studying here. Only quality courses, good faculty and employers visiting the campus for placements is not everything.
You must check the overall infrastructure of the college and its contribution to society as well. This is why NIRF 2020 has rated IIM Ahmedabad 92.87 in Teaching, Learning and Resources. We hope that the above information will be beneficial for all MBA aspirants who are planning to apply to this best MBA institute in India in Future. Stay tuned to our blogs further for such information going forward.