Indian Institute of Management Ahmedabad

Bhāratīya Prabandh Sansthān Ahmadābād
Motto	Vidyā-vinayogād-vikāsaḥ (Sanskrit)
Motto in English	Progress Through the Application of Knowledge
Type	PublicBusiness School
Established	11 December 1961; 63 years ago (1961-12-11)
Founder	Vikram Sarabhai (Founder) Kasturbhai Lalbhai, Jayraj Mehta (Co-Founders)
Accreditation	EQUIS
Endowment	₹114 crore (US$13 million) (2023-24)[1]
Budget	₹420.15 crore (US$50 million) (2023-24)[1]
Chairman	Pankaj Patel[2]
Director	Bharat Bhasker
Academic staff	111[3]
Students	1,013[3]
Postgraduates	879[3]
Doctoral students	134[3]
Location	Ahmedabad , Gujarat , 380015 , India 23°1′54″N72°32′10″E / 23.03167°N 72.53611°E /23.03167; 72.53611
Campus	Urban, 102 acres (0.41 km2)
Website	www.iima.ac.in

Map with new campus on west

TheIndian Institute of Management, Ahmedabad (IIM Ahmedabad orIIM-A), is abusiness school, located inAhmedabad,Gujarat,India. It is one of theIndian Institutes of Management and was accorded the status of anInstitute of National Importance by the Ministry of Human Resources, Government of India in 2017.^[4] It was widely regarded as the leading business school in India for most of the first half-century of its existence till the early 21st century.

Established in 1961, the institute offers master's degree programs in management and agri-business management, a fellowship program and a number of executive training programs.^[5] The institute was founded byVikram Sarabhai andKasturbhai Lalbhai, withRavi J. Matthai.^[6] serving as its first director. Other notable contributors includedKamla Chowdhary.^[7][8]

Vikram Sarabhai, the Honorary Director of IIMA.

IIM Ahmedabad was established on 11 December 1961^[9] with the active support of theGovernment of India, theGovernment of Gujarat,Harvard Business School, and prominent members of Indian industry. The physicistVikram Sarabhai and businessmanKasturbhai Lalbhai, both natives ofAhmedabad, played pivotal roles in setting up the institute.Ravi J. Matthai and several other Ahmedabad-based businessmen also played a major role in its creation.^[10][11][12]Kamla Chowdhary was the first faculty of the institute, and the coordinator of programmes between 1962 and 1965.^[13]

The institute offers master's degree programs in management and agri-business management, a fellowship program and a number of executive training programs.^[5] The institute's founding director wasRavi J. Matthai.^[7] Other notable founding figures were the Indian physicistVikram Sarabhai, Indian businessmanKasturbhai Lalbhai and Indian educatorKamla Chowdhary.^[7][8]

In 2015, the JSW School of Public Policy was set up with financial contribution fromJSW Steel Ltd worth Rs. 50 crore, the school is engaged in research on policy formulation and design, policy choice, and policy impact.^[14]

In 2024 it was ranked first among the business schools in India by theNational Institutional Ranking Framework.^[15][16][17]

IIM Ahmedabad Old and New Campus.

Centre for Innovation, Incubation & Entrepreneurship (CIIE) is a subsidiary of the school. It was originally set up in 2012 as a research institution, with a grant pool fromGovernment of Gujarat, the Department of Science and Technology (DST) and IIMA.^[18]

In India, IIM Ahmedabad was ranked first among management schools in India by theNational Institutional Ranking Framework in 2024 for the fifth consecutive year with an overall score of 83.32.^[23]

QS ranked its One Year MBA programme (PGPX) at rank 44 in the world^[19] and rank 8 in Asia^[20]in itsGlobal MBA Rankings 2023. QS also ranked its Two Year MBA programme (PGP) at rank 42 in itsWorld University Rankings - Masters In Management 2024.^[26]

TheFinancial Times has ranked the One Year MBA programme (PGPX) of IIM Ahmedabad at rank 41 in its Global MBA Ranking 2024,^[21] while also ranking it number one globally in the career progression category for the last three consecutive years.

The Two Year MBA programme (PGP) of IIM Ahmedabad was ranked byFinancial Times at rank 43 in its global Masters in Management Ranking 2023,^[27] with Career Progress rank 19 and Alumni Network rank 11.

Outlook India's "Top Public MBA Institutions In India" survey.^[25] It was ranked second byBusiness Today's "India's Top Five B-Schools Yearly Ranking In 2022".^[24] It was ranked 51 byThe Economist in its 2021 Full-time B-school ranking.^[22]

One of the most legendary alumni fora from IIMA is the famous Live Poet's Society.Among BSE 500 CEOs with MBA, the highest proportion come from IIM Ahmedabad.^[28] IIM-A alumni have garnered 9Padma Awards – 4Padma Bhushan awards (K. V. Kamath,CK Prahalad,Mallika Sarabhai andM. S. Banga) and 5Padma Shri awards (Kiran Karnik,Kailasam Raghavendra Rao,S. P. Kothari,Sanjeev Bikhchandani, andSrikant Datar). Other notable alumni areAcharya Prashant,^[29]Raghuram Rajan,Arvind Subramanian,Harsha Bhogle,Ajay Banga,Rashmi Bansal,Chetan Bhagat,^[30]Ivan Menezes,Deep Kalra,Shikha Sharma, Sanjaya Mariwala^[31] andGopi Rathod.^[32]

Past and present faculty at IIM Ahmedabad include three formerGovernors of theReserve Bank of India –C. Rangarajan (1968–1982),^[33] former DirectorI. G. Patel (1996–2001),^[34][35] andY. Venugopal Reddy (current Professor of Practice). Other notable faculty over the years have been:

• C. K. Prahalad, famous management thinker, exponent ofCore competency andFortune at the Bottom of the Pyramid^[36][37]
• Ravi J. Matthai, first full-time Director, management educationist noted for establishingInstitute of Rural Management Anand
• Bakul Harshadrai Dholakia,Padma Shri awardee, Director (2002–2007)^[38]
• Samuel Paul,Padma Shri awardee, IIMA's second director (1972–78)^[39][40]
• Ravindra Dholakia, member,Monetary Policy Committee (India), 2016-20^[41][42]
• Jayanth R Varma, member,Monetary Policy Committee (India), 2020-2024^[43]
• Vijay Govindarajan, aNew York Times &Wall Street Journal best-selling author, Thinkers50 Hall of Fame 2019 & Coxe Distinguished Professor,Tuck School of Business^[44][45]
• Anil Kumar Gupta was a professor who was awardedPadma Shri for his contributions to management education.^[46][47]
• Pankaj Chandra, former director,Indian Institute of Management Bangalore and current Vice Chancellor,Ahmedabad University^[48]
• G. Raghuram, director,Indian Institute of Management Bangalore^[49]
• Dheeraj Sharma, director,Indian Institute of Management Rohtak
• Shekhar Chaudhuri, former director,Indian Institute of Management Calcutta
• Abhiman Das, recipient of Prof P.C. Mahalanobis Medal in 2008 for contribution in Quantitative Economics, and Prof C.R. Rao National Award in Statistics for 2012-2013.
• Abhishek Mishra was a faculty member for six years, before leaving to become a member ofSamajwadi Party and an elected MLA ofUttar Pradesh.^[50][51]
• Jahar Saha, Institute Director 1998–2002
• Rajnish Rai^[52]
• Tarun Jain, Mahalanobis Memorial Medalist, 2020

Other notable faculty include prominent scholars such asMarti G. Subrahmanyam,Ashish Nanda, andT. V. Rao, among others.

N. R. Narayana Murthy, an Indian tech industrialist and the co-founder ofInfosys, got his first job as chief systems programmer at IIM Ahmedabad.^[53]

TheIIM Ahmedabad Endowment Fund is India's firstendowment fund set up at a management school. The fund was established at IIM Ahmedabad in June 2020 from an initial corpus of ₹100 Crore provided by 10 founding alumni.^[54] The endowment aims to grow the fund to ₹1,000 Crore over the next five years.^[55] The fund was launched by the Chairperson of IIM AhmedabadBoard of Governors,Kumar Mangalam Birla.^[56]

2 States, aHindi film based on theeponymous novel by alumnusChetan Bhagat, starringAlia Bhatt andArjun Kapoor, was shot on the campus. Prior to this, the 1974 filmParinay, starringShabana Azmi andRomesh Sharma in lead roles, also had some scenes shot at the Heritage campus.^[57]

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