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The Lok Sabha passed IIM Bill 2017 on July 28, paving way for more autonomy and freedom to India’s premium chain of B-schools – Indian Institutes of Management (IIM). The bill makes provisions for Indian Institutes of Management (IIMs) to grant degrees and award PhD. Currently, IIMs can only offer certificates, diplomas and fellowships like any other PGDM Institute.
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Earlier, while presenting the IIM Bill 2017 in the Lok Sabha Union HRD Minister Prakash Javadekar said that it was necessary to remove government control over the institutions like IIMs which already command respect and best brains to run the institution. “There would not be any governmental control. We have to trust the best brains and the best institutions,” the HRD Minister said.
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Javadekar also added, “We want to remove the tremendous government interference and control over these institutions,” emphasising on empowerment of IIMs towards attaining standards of global excellence in management-related areas.
The IIM Bill 2017 provides for giving statutory powers to the IIMs including appointments of directors and faculty members besides awarding degrees. The bill also has provisions for appointment of members of the board of governors (BoG) in each of the 20 IIMs through a transparent process, while limiting even the HRD Ministry’s role in the process. Currently, the President is the Visitor of the IIMs.
Further, the IIM Bill 2017 seeks to declare the institutions as ‘institutes of national importance’.
Prakash Javadekar referring the performance of foreign universities advocated that they are doing so well because they are independent. “They (Foreign Universities) are strong and they flourish. Same reform is hoped for IIM,” he marked.
The HRD Minister received rare praise from the opposition in the Lok Sabha for bringing up the bill while a few members also raised their concern on selected areas of the bill. M B Rajesh (CPI-M) raised the issue of high fees in IIMs. “The autonomous status should not lead to money-making by these institutions,” said the CPI-M minister even as he questioned the government on the appointment of directors on the Boards of 10 IIMs in February when the Bill was first tabled in the Parliament.
Shashi Tharoor (Congress) criticised the government for not enhancing financial assistance to IITs and IIMs, saying they are reeling under funds crunch. He said, “The government should have some say in determining fee structure in the IIMs as higher fees may badly hit students from the poor families.”
However, the Congress minister remarked that it was a historic moment. “It was a remarkable moment when a minister surrenders (his) powers,” he said.
Javadekar responding to two major queries— Reservation and fees said that no student will be left out because he/she is unable to pursue education due to lack of funds. “We have arranged for scholarships,” he said.
On Reservation, he said that the law of land stands in case of reservation. He said, “We have already issued direction that positive and affirmative action in including the faculty from marginal communities.”
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You have to score a minimum of 99 percentile to get at least one good IIM call as your academics are not good. You could get a call from new IIMs if you score 99 percentile as the top tier IIMs will not give you a chance due to your poor acads.
Colleges you could look for are like IIM Nagpur, Kashipur, Shillong, etc. These colleges if you study well will provide you with a good package of 10-12 lpa.
Hope this helps. Thank you.
You will not be able to get any good business school like top IIMs, MDI, IIFT, or FMS. However, you can still get a good MBA tier 3/4 college if you increase your percentile to 98 percentile.
However, according to your grads, you must not be disappointed if you don't get a call at 99 because your marks are not good.
Hope for the best. Thank you.
Eligibility for CAT is graduate in any discipline from a recognized university with 50% aggregate, for SC/ST/PwD it's 45%.
So, people from any background can apply for CAT, provided they have required aggregate at their graduation level against their category.
Now, coming to the syllabus for CAT, there's no specific syllabus for CAT, one needs to rely on past years sample papers to get a fair idea about the pattern and weightage given to each topic and section.In general, questions are mostly from middle school level English and Mathematics.
There are mainly three sections in CAT-
Logical Reasoning & Data Interpretation which includes topics such as Tables, Graphs, Data Caselets, Seating Arrangement, Blood Relation, Syllogism etc.
Quantitative Aptitude which includes topics such as Geometry, Algebra, Time and Work, Mensuration, Number System etc.
Verbal Ability & Reading Comprehension which includes topics such as Sentence completion, Questions based on reading comprehension, Para-jumbles & para-summar, inferences etc.
To know the detailed topics, kindly go through the following link-
Honestly there is a difference between just finishing the syllabus and preparing for selection in cat. See you can finish the syllabus if you'll work really hard in one month but trust me only unless you are extraordinary you won't be able to get selected for iims or other good colleges. But don't loose hope you should fight till last.
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