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Indian Institutes of Management
History in short
 
The Indian Institutes of Management (IIMs) are India's premier management institutes that also conductresearch and provide consultancy services in the field of management to various sectors of the Indian economy. Theywere created by the Indian Government with the aim of identifying the brightest intellectual talent available in thestudent community of India and training it in the best management techniques available in the world, to ultimatelycreate a pool of elite world class managers to manage and lead the various sections of the Indian economy. IIMs play aleadership role in the nation’s managerial manpower development and carry out research in emerging areas. TheseInstitutes are recognized as premier management institutions, comparable to the best in the world for teaching,research and interaction with industries. IIMs being "Role Models" have shared knowledge and skills with otherinstitutions to improve their quality and standards in management education. IIMs have earned an internationalreputation for the quality of their alumni.
 
Introduction
The seven fully established IIMs are located in
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IIM Ahmedabad
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IIM Bangalore
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IIM Calcutta
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IIM Indore
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IIM Lucknow
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IIM Kozhikode
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IIM Shillong
 
Admission process
The CAT (Common Admission Test) conducted by the IIMs is a very competitive testconducted for admission to around 1250 graduate programs in management at the sevencampuses, and is usually considered one of the most competitive exams in the world, witha supposed success rate of about one in two hundred. Each institute conducts groupdiscussions and personal interviews to evaluate the students shortlisted after the test.Some claim that since around 300,000 students compete for less than 1350 general seats(out of 1700 total seats) in the IIMs (2008 figures), IIMs are even more selective than allthe top US business schools put together. The remaining 23% of seats are reserved forcandidates belonging to Scheduled Castes and Tribes and PWD. The average percentileof students admitted through these reserved categories is lesser than the percentile scoresof the General class students, which generally hovers around 99 percentile.
 
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