Page 2 - Iim

IIM Mumbai pulls 100% placement for 2025 batch, top salary Rs 47.5 lakh/yr

The Indian Institute of Management (IIM) Mumbai on Wednesday said it has secured a 100 per cent placement for students of the 2025 batch with the highest salary package touching Rs 47.5 lakh per annum (LPA). The overall number of job offers has seen a remarkable increase of more than 10 per cent compared to the previous year, while the average salary package was higher by 5 per cent, IIM Mumbai Director Prof Manoj Tiwari told reporters. A total of 198 companies participated in the placement process, with the top 10 per cent of the batch securing an impressive average salary of Rs 47.5 lakh. The top 20 per cent and top 50 per cent of students received an average salary package of Rs 41.2 lakh and Rs 34.1 lakh per year, respectively, he said. This year, there was notable growth in hiring across multiple sectors, with the pharmaceutical and healthcare segment witnessing a 130 per cent increase in offers, driven by the industry's rapid expansion and rising demand for innovation, ...

CAG, IIM Mumbai sign pact on logistics, supply chain, inventory management

The Comptroller and Auditor General (CAG) of India and the Indian Institute of Management, Mumbai, on Tuesday signed an agreement to enhance the efficiency and transparency of public sector logistics, supply chain and inventory management. The Memorandum of Understanding (MoU) was signed in the presence of CAG K Sanjay Murthy and Director of IIM Mumbai Manoj Tiwari, the CAG office said in a release. "This MoU represents an initiative spearheaded by CAG of India, to actively engage with institutes of national importance, such as IIM Mumbai, excelling in various areas, to enhance the capacity building of Indian Audit and Accounts Department (IAAD) officials at a mass scale," it said. By collaborating with such prestigious institutions, the CAG aims to strengthen the auditing capabilities and improve resource management across government departments and public sector enterprises, the release said. The MoU, the CAG office said, focuses on leveraging IIM Mumbai's academic expertise to .

Centre directs IIM Rohtak Board to suspend or send director on leave

Facing graft allegations, IIM-Rohtak director is set to be either suspended or sent on leave by the institution's board following directions from the government. The director, sources said, has also been asked to stay away from the IIM campus or rented area of IIM Rohtak until further orders. The Union Ministry of Education on Thursday asked the Board of Indian Institute of Management (IIM), Rohtak to either suspend institute Director Dheeraj Sharma or send him on leave till the completion of probe against him over alleged misappropriation of funds. The allegations against Sharma include wrongfully inflating the financial health of IIM Rohtak and using such manipulated figures to pay a huge amount of variable pay (more than Rs one crore for each year) to the director of IIM Rohtak from 2018-19 onwards. President Droupadi Murmu had earlier this month ordered an inquiry into the alleged misappropriation of public funds at IIM Rohtak during the tenure of Sharma as director of the ...

Suspend graft-accused director or send him on leave: Govt to IIM Rohtak

The Union Ministry of Education on Thursday asked the Board of Indian Institute of Management (IIM), Rohtak to either suspend institute Director Dheeraj Sharma or send him on leave till the completion of probe against him over alleged misappropriation of funds, according to sources. The director has also been asked to stay away from the IIM campus/rented area of IIM Rohtak until further orders. The allegations against Sharma include wrongfully inflating the financial health of IIM Rohtak and using such manipulated figures to pay a huge amount of variable pay (more than Rs 1 crore for each year) to the director of IIM Rohtak from 2018-19 onwards. President Droupadi Murmu had earlier this month ordered an inquiry into the alleged misappropriation of public funds at IIM Rohtak during the tenure of Sharma as director of the institute. The inquiry will also include the verification of the educational qualification certificates of Sharma and other staff recruited at IIM. The probe again

Over 600 job offers given during IIM Lucknow's 2025 placement drive

The highest domestic package achieved this year is Rs 75 LPA, while the highest international package is Rs 65 LPA. The average salary offered is Rs 32.3 LPA

Banks offering more green loans have better financial stability: IIM study

Banks that have a greater proportion of green loans experience long-term improvements in financial stability, according to research by the Indian Institute of Management (IIM), Lucknow. The study published in the prestigious Finance Research Letters journal found that expansion of non-carbon intensive lending can improve the core of loan portfolios of Indian banks. The findings underscore the strategic importance of sustainable lending in the Indian banking system. A green loan is a form of financing that enables borrowers to use the proceeds to exclusively fund projects that make a substantial contribution to an environmental objective. According to Vikas Srivastava, ONGC Chair Professor, IIM Lucknow, despite global initiatives to create uniform frameworks for green lending, there are significant gaps in providing incentives, particularly in developing economies such as India. "Most Indian banks are heavily dependent on lending to carbon-intensive industries as there is no clear

Indian startup unicorns grow far beyond IIT, IIM, and ISBs: Study

At the top of non-IIT/management institutes is Birla Institute of Technology & Science (BITS), which has produced 10 startup unicorn founders in the US

GATE 2025 exam to begin from February 1, check previous year's cut-offs

GATE 2025 exam: IIT Roorkee is set to conduct the GATE 2025 exams on February 1, 2, 15, and February 16, 2025. To get an idea about where will the cut-offs be listed check the previous year's cut-offs

'No reason to interfere...' Delhi HC dismisses plea challenging CAT result

The petitioner challenged the CAT 2024 result claiming an error in one of the answers in questions of the English comprehension section. Delhi HC says no reason to set aside the result

IIMs develop framework for SaaS adoption in capital markets, banking sector

Researchers at Indian Institute of Management (IIM) at Lucknow, Amritsar and Kashipur have combined to develop a new framework to guide the country's capital market players and banking sectors in adopting technologies that would enable them to use software without installing them. Referred to as Software-as-a-Service (SaaS) technologies, these are cloud-based services that deliver software applications over the Internet, eliminating the need for organisations to install and maintain software on their own servers. While SaaS is widely used globally, its adoption in India, particularly among regulated industries, has been slow. The research delves into the reasons for this hesitation and offers insights into how firms can assess risks involved in adopting SaaS. The research has been published in the prestigious Journal of Organisational Computing and Electronic Commerce. "Popular SaaS applications include Google Drive and Microsoft 365. While SaaS offers cost savings and flexibility,

How Social Entrepreneurship can Drive Businesses Towards Success

Manager’s Mantra presents an insightful conversation with Advait Kumar, Founder of Boon. Advait shares valuable lessons for future managers and entrepreneurs.

Three IIMs, ISB Hyderabad among top 100 for MBA courses in QS rankings

Three Indian Institutes of Management (IIMs) and Indian School of Business, Hyderabad have figured in world's top 100 for their MBA courses, according to QS rankings announced on Wednesday. The three IIMs are IIM Bangalore, IIM Ahmedabad and IIM Calcutta. Also, the three B-schools have been ranked among top 50 for employability. Fourteen Indian full-time MBA programmes have secured a spot in QS' global list for 2025, including three new entries. Stanford School of Business in the US continues to be at the top spot among B-schools for the fifth consecutive year. The QS Global MBA and Business Master's Rankings 2025 spans 58 countries and territories, analysing the world's 340 best global MBAs and a series of specialised high-demand Business Master's Rankings, including Master's in Management, Finance, Marketing, Business Analytics, and Supply Chain Management. "These rankings offer independent insights for career-driven students navigating the global business education landscape. B

IIM Ahmedabad adopts reservation policy for PhD admissions in 2025 intake

This decision follows persistent advocacy from SC/ST activists and a PIL submitted by the Global IIM Alumni Network to the Gujarat High Court in 2021

CAT 2024: Last date today to apply for IIM CAT, here's how to apply

Today is the last date for online registration for the IIM CAT 2024. Candidates who still haven't applied can apply through the official website by 5 pm

Soon, National Centre of Excellence for Animation on lines of IITs, IIMs

The Union Cabinet on Wednesday approved a proposal to set up the National Centre of Excellence (NCoE) for Animation, Visual Effects, Gaming, Comics and Extended Reality (AVGC-XR) on lines of the IITs and IIMs to anchor the animation ecosystem in the country. Aimed at positioning India as a content hub for providing state-of-the-art content thereby enhancing India's soft power globally and attracting foreign investments into the media and entertainment sector, the centre will be set up in Mumbai as a Section 8 Company under the Companies Act, 2013. The Federation of Indian Chambers of Commerce and Industry (FICCI) and Confederation of Indian Industry (CII) representing the industry bodies will be partners with the government in setting up the proposed institute of immersive creators. "AVGC-XR sector today plays an indispensable role in the entire realm of Media and Entertainment, including filmmaking, OTT platforms, gaming, advertisements and several other areas, including health, ..

Govt flags Rs 3.2 crore variable pay to IIM Rohtak director, seeks probe

The ministry's internal audit wing has flagged irregularities, stating that the IIM Rohtak director's pay exceeded 200% of his fixed salary, breaching standard practices

'Chintan Shivir': Ministers get IIM classes on governance in Chhattisgarh

The move aims at enhancing the state government's vision for building 'Viksit Chhattisgarh' through insightful deliberations with the subject experts

India losing edge in higher education, 33 institutions' ranking dips: CWUR

95% of Chinese universities ranked better than last year. Heavy investment in research and development showing results as Chinese universities challenging their Western counterparts

National mood upbeat with India's surging global image, says VP Dhankhar

"The nation is on the rise and economic trajectory, despite global headwinds, is continually upwards. National mood is upbeat with our surging global image," the vice president said

Does your loan fulfil the AA criteria?

A good loan must fulfil the AA criteria: it should 'add' to assets or income and should be 'appropriate', meaning EMI shouldn't exceed one-third of income