IIMs are Centrally Funded Business Schools In India. Understanding its selection process is crucial as it involves a multi-dimensional evaluation process.
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Selection for IIM comprises CAT scores, Academic Performance, Work Experience, Diversity Factors, Personal Interview, and Written Ability Test.
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CAT (Common Admission Test) is the minimum eligibility criteria for IIM admissions.
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Academic Performance: Apart from CAT, the candidate's performance in the 10th, 12th, and graduation, are assessed.
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Candidates with management experience are preferred for their diverse perspectives in the classroom.
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IIMs prioritize diversity in student intake by considering gender, academic and professional background, as well as cultural diversity.
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The respective institute conducts personal interviews and written ability tests to evaluate students' communication skills, and critical thinking ability.
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IIM's selection process lasts several months, starting with application deadlines, CAT exams, interviews, and ending with admission offers.
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Currently, there are 20 Indian Institutes of Management (IIMs) operating throughout the country, as per the Ministry of Law and Justice.
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IIM graduates earn INR 20-50 Lakhs/year, while top IIMs offer Rs. 70L - 1 Crore.
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