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Top Indian B Schools and Management Institutes
List of top Indian Business schools such as the Indian Institutes of Management (The IIMs) at Ahmedabad, Bangalore, Calcutta, XLRI. The list also includes the recent phenomenon in Indian Management Education - the B schools with international affiliation such as the Indian School of Business at Hyderabad. These management institutes are considered the ivy leagues of the Indian sub continent.
Considered to be the best of the best business schools in India, IIM Ahmedabad. offers four programmes in Management. The PGP - Post Graduate Program (equivalent to MBA), the FPM - Fellowship Program in Management(equivalent to Ph.D), the FDP - Faculty Development Program for Management teachers and Trainers and the MDP - Management Development Program - a refresher for middle and top level managers.
The oldest of the IIMs, established in Kolkatta, IIM Calcutta is amongst the top three B schools in India. The institute offers three full time programs. The PGDM - Post Graduate Program in Management (equivalent to MBA), the FPM - Fellowship Program in Management, the PGDCM - Post Graduate Diploma in Computer Aided Management. The institute also offer part time PGDBM - Post Graduate Diploma in Business Management for managers with relevant work experience. In addition, MDP - Management Development Programs are held in regular intervals for middle and top level managers.
IIM Bangalore offers two year full time PGP - Post Graduate Program in Management (equivalent to MBA) and a FPM - Fellowship Program in Management. Both these programs require the candidate to take CAT. The institute also offers part time non residential PGSM - Post Graduate Program in Software Enterprise Management. There is a separate entrance test for this program. This business school is ranked amongst the top three business schools in the country.
IIM Lucknow offers a two year full time residential PGP - Post Graduate Program in Management and a four year FPM program. Both these programs require a candidate to take CAT. The institute also has an interesting student exchange program where students of this B-School go to premier B-Schools the world over and do part of their education. Students and faculty from these internationally reputed B-Schools in turn visit IIM Lucknow. It is ranked amongst the top five B-Schools in India.
Xavier Labour Research Institute, popularly known as XLRI was established in 1949 at Jamshedpur. The institute offers two courses at the post graduation level in management - a post graduate diploma in Business administration and a post graduate diploma in Personnel Management and Industrial Relations (PMIR). Online version of the brochure is also available. In 2001, the average salary (including foreign offers) soared by 70% (over last year) to a whopping Rs.8.06 lakhs per annum. The offers in the Business Management program averaged at an awe-inspiring Rs.9.71 lakhs and in the Personnel Management program at Rs. 6.5 lakhs. And these exclude ESOPs and other means of compensation.
Indian School of Business, Hyderabad is emerging as a preferred choice for MBA aspirants who want to pack in the program into a one year course. As it gradually builds up its permanent faculty base, the ISB has created a unique and sustainable visiting faculty model with some of the world's leading academicians from Wharton, Kellogg, Harvard, Stanford, Chicago, Duke and Texas among others. The school offers a one year Post Graduate Program in Management.
FMS is amongst the top 10 B-Schools in the country and probably one of the two attached to a university amongst the top ten. The full time program of FMS started in 1967. The whole outgoing batch of 2002 was placed within a span of 2 days. There were 8 foreign offers including British American Tobacco (BAT), OLAM and QAI among others.
The Indian Institute of Management, Indore (IIMI) is the latest addition to the IIM community. IIMI has a two-year post graduate programme emphasizing on Experiential learning, IT orientation, and Social Sensitivity. The construction of the new campus is progressing at a rapid pace and IIMI plans to operate out of the new campus from June 2003. IIM-I offers the following programs viz., (a) The Post Graduate Programme (PGP), a two year programme (b) Management Development Programme. These are held throughout the year. (c) Faculty Development Programme (FDP) is designed to assist in the development of teachers, researchers, and trainers for management education and (d) Executive Post-Graduate Programme (Exe-PGP) a 18-months programme, designed for working executives.
Established in 1996, The Indian Institute of Management Kozhikode, IIMK is the fifth Indian Institute of Management. Its academic programmes encompass a range of long term full time diploma programmes such as the Post Graduate Programme in Management, and a number of short duration executive education programmes. The institute also offers an "Interactive Distance Learning Programme"
The Jamnalal Bajaj Institute of Management Studies, (JBIMS) was established by the University of Bombay in 1965 in collaboration with the Graduate School of Business, Stanford University with the objective of pioneering and furthering post - graduate management education in India. JBIMS has been ranked in Asia's Top 25 business schools by Asia Inc.
The Institute's PGDM programme amongst the best in the country offers the following specialisation in the second year (fourth and fifth trimester).
Finance Management, Marketing Management, Information Management and Manufacturing & Operations Management. Core subjects normally focus on the basic aspects relating to a particular area of specialisation. In addition, each participant can take courses from another specialization as a 'Minor Specialization'.
The school commenced its operations in 1995 and has been awarding a full time two year masters degree, a doctoral program in management and Executive Education programs in management. One unique feature of the program is that apart from the regular courses on Finance, Accounting, Operations and HR, SJM SOM prepares for technology management with core courses like Technology Policy, R&D Management and Managing technology transfer. To secure an admission, you need to take JMET, the Joint Management Entrance Test.
Amongst the top management institutes in India, MDI offers a two year Post Graduate Program in Management. The curriculum is spread over six terms of about three months each. The core curriculum is spread over four terms with the bulk of it covered in the first three terms. MDI has student exchange arrangements with Aarus School of Business, Denmark, CBPA, USA; Copenhagen Business School, Denmark; EDHEC, France; ESCP-EAP and Sciences Po, France; Leipzig Graduate School of Management, Germany; McGill University, Canada; Norwegian School of Management, Norway; Queensland University of Technology, Bangkok; Solvay Business School, Belgium; Universita Carlo Cattaneo (LIUC), Itlay and Warsaw School of Economics, Poland.
NMIMS offers a two-year full-time programme, spread over six trimesters and leading to the degree in Master of Business Administration. Number of seats: 240. Students are admitted to the programme if they meet the required standards of the two stage selection process - Stage I: A written admission test; Stage II: Candidates who qualify at stage 1 will be required to appear for the second stage of selection process like the Group Discussion and Personal Interview.
XIM Bhuvaneswar, offers the following courses: Post Graduate Programme in Management, Executive Post Graduate Programme in Management, Post Graduate Programme in Rural Management and Fellow Programme Management. The PGP in Management is the flagship programme of the Institute. The courses impart a generalist perspective, in addition to training the students in technical and functional business skills such as accounting, finance, marketing and production.
SIBM, Pune offers a Master's Degree in Business Administration - MBA Dual Specialization. Specializations include Marketing, Finance, Human Resource, Manufacturing, and Materials & Logistics Management. A total of 120 students shall be selected for this course.