Business Today

The Class Divide

The last decade has seen proliferation of IIMs. Not all are equally equipped to make a mark

Call it mindless proliferation or an attempt to take high quality management education to all corners of the country, the rapid expansion of Indian Institutes of Management (IIMs) in the last few years has given policymakers a lot to think about, especially the need to review the way these new institutes, some of which are struggling to make a mark, are supported.

The older IIMs were set up almost a decade apart IIM C and IIM A in 1961, IIM B in 1973, IIM Lucknow in 1984, IIM Kozhikode and Indore in 1996 and IIM Shillong in 2005. In comparison, six IIMs took off in 2010/11 and another seven in 2015/16, taking the total tally to 20 IIMs. While the new schools are handheld by

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