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Article of the Week

Degrees at IIMs, a reality soon!

If things go ahead as planned, then the much-awaited degree programs at Indian Institutes of Management (IIMs) would be turning into a reality soon. Key officials of the premier management institutes in India are reportedly waiting eagerly for the 2014 elections to get over with reports that the decision on this proposed Bill is likely to be taken up in the Parliament.

This is after the formation of new government. If and when it is passed, the Bill would be ensuring that the post graduates and five-year (Integrated Programme in Management) IPM pass-outs from the prestigious institute can now actually get a degree and not be restricted to diploma or certificate. Currently IIMs do not provide degrees since they don't fall under the category of a regular university.

IIM- Indore will be the only one among 13 IIMs in the country to offer a 5-year IPM. IIM-Indore director Rishikesha T Krishnan reportedly said that at the Indian government level, there is a proposal for actually enacting an IIM Act that is applicable to all 13 IIMs in the country. Once that is passed, then the IIMs can offer degrees of their own and also to their students at Dubai centre.

Students are reportedly excited over this development! Over the years, many initiatives are being taken within the IIM circuit to ensure there is betterment and the scope of opportunities can be increased for its students. If this initiative gets implemented at the earliest, it would take the standard and reputation of the IIMs to a new level.
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