Question

The subject of management is taught at different institutions. Some of these have been set up with the specific purpose of providing management education such as the IIMs in India. Entry to different situations is usually through an examination. Which aspect of management is highlighted above

Answer 1

Answer:

The Indian Institutes of Management (IIMs) are institutes of management education and research in India. They primarily offer postgraduate, doctoral and executive education programmes. The establishment of IIMs was initiated by Jawaharlal Nehru, the first Prime Minister of India, based on the recommendation of the Planning Commission.[1][2]

IIMs are declared as institutions of national importance after the passage of Indian Institutes of Management Act, 2017. With this act in place, IIMs leveraged up significantly to make their autonomous decisions in their day-to-day operations. The act changed the governing body from IIM council to IIM coordination forum. IIMs were granted much leeway to decide their courses, fees and other related matters.[3]

The two-year Post Graduate Programme in Management (PGP), offering the Post Graduate Diploma in Management (PGDM), is the flagship programme across all IIMs.[4][5][6] These post-graduate diploma programmes are considered the equivalent of regular MBA programmes. However, since the passage of IIM Act, most IIMs have started offering Master in Business Administration (MBA). Some IIMs also offer a one-year post-graduate diploma programme for graduates with more work experience.[7][8] Some IIMs offer the Fellow Programme in Management (FPM), a doctoral programme. The fellowship is

considered to be equivalent to a PhD globally.[9] Most IIMs also offer short-term executive education/EMBA courses and part-time programmes. Some IIMs also offer unique programs, like IIM Rohtak and IIM Indore's Five Year Integrated Programme in Management[10] and IIM Lucknow's Working Managers' Programme of three years.[11]

Explanation:

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