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CAT is a national level entrance exam conducted in December every year. It is the gateway through which aspiring business professionals can get into the best management institutes like the Indian Institutes of Management (IIMs). These institutes offer a variety of management courses equivalent to the MBA degree.
Having a degree from the prestigious IIMs do not just look good on the resume but also promises a better journey ahead. There is a lot of confusion regarding the kind of courses offered in the 20 IIMs and the differences between each.
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This article provides a clear insight to candidates and tries to solve their perplexities about the management programs offered in these reputed institutes.
In order to secure a place in one of these institutes, aspirants must first score well in CAT. It is the most difficult management entrance test as participants are required to clear not only the cut off percentile but also the sectional cut off. A minimum of 90 percentile is needed to be eligible for admission, the top 3 IIMs requiring a percentile of 98 and above.
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Candidates must then also ace the further rounds of Group Discussion and Personal Interview (GD & PI) conducted by the respective IIMs. The PG management courses offered in these institutes will be obtained only by the students who have done exceptionally well in all the rounds.
The courses that are offered in the 20 IIMs are represented in the table given below:
|Name of Institute||Course offered||Name of Institute||Course offered|
|IIM Ahmedabad||PGP PGP-FABM||IIM Amritsar||PGP|
|IIM Bangalore||PGP PGPEM PGPPM||IIM Bodh Gaya||PGP|
|IIM Calcutta||PGP-PGDM||IIM Indore||PGP EPGP|
|IIM Jammu||PGP||IIM Kashipur||PGP EPGPM|
|IIM Kozhikode||PGP||IIM Lucknow||PGP PGP-ABM PGPSM|
|IIM Nagpur||PGP||IIM Raipur||PGP PGPWE|
|IIM Ranchi||PGDM PGDHRM||IIM Rohtak||PGP EPGP|
|IIM Sambalpur||PGP||RGIIM Shillong||PGP PGPEX|
|IIM Sirmaur||PGP||IIM Tiruchirappalli||PGP PGPBM|
|IIM Udaipur||PGP||IIM Visakhapatnam||PGP|
The various programs offered by the reputed IIMs have differences based on duration of course and specialization. Some courses are meant only for working professionals having a work experience of about more than 4 years.
The differences between each of these programs are given below:
This program is offered by all the 20 IIMs and is considered the flagship program of these institutes. Applicants who are successful in this course are awarded the Post Graduate Diploma in Management (PGDM). It is equivalent to the MBA degree.
PGP is a general and fully integrated management program having no specialization in any particular field. It is usually structured into 6 trimesters spread across 2 years. In the first year coursework generally, consists of core courses in various management disciplines.
In the 2nd year, candidates have to choose courses from an exhaustive list of electives.
This course was formerly known as the PGP- ABM program. It is a 2-year full-time course. Students in PGP and FABM have common classes (except for some extra subjects for FABM) in the 1st year.
In the 2nd year, FABM diverges more from PGP wherein more agro-based subjects are included. The placement processes are also conducted separately for PGP and FABM programs.
It is a 22-month weekend residential program offered by IIM Bangalore. It is designed so as to benefit the working professionals (mostly mid-career and senior executives) and classes are conducted on Fridays and Saturdays.
The course is equivalent to EPGP in terms of credits and rigour. The curriculum consists of core courses in management in the 1st year and a rich choice of electives in the 2nd year.
It is a 1 year PG program introduced by the Center for Public Policy. Participants will have to undergo comprehensive studies which will help them to specialize in the chosen field of public policy.
It is an intensive 1-year residential course created specifically for professionals with an experience of 4-15 years in a wide range of industries. Elective courses such as Analytics, BFSI, Operation & Strategy, etc. are offered in addition to a comprehensive core module.
It is a 2-year full-time residential program offered by IIM Lucknow. It focuses on ways to address environmental and social issues in accordance with economic ones. Candidates require a work experience of around 4.5 years to be eligible for this course.
This is 1.5 years long course designed for mid/ senior level professionals. The classes are conducted on weekends and the program is formulated so as to enhance candidate’s skills and capabilities essential for managerial positions.
PGDHRM (PGD in Human Resource Management): It is a course that seeks to provide aspirants with the knowledge of HR management, its concepts, awareness and application in the business context.
It is a flagship program of IIM Tiruchirappalli. The course is designed for working executives aspiring to move into senior leadership roles. Classes are conducted in slots in the evening (from Wednesday to Saturday).
It is a doctoral program, meant generally for aspirants with industry experience. The duration of the course varies from around 3-5 years. This depends upon completion and publication of research papers of international standards.
It is largely a research based course with focus primarily on research on management rather than pure principles of management. All FPM candidates are fully funded during the course of their study up to 4 years.
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