03 August, 2021

Freedom To Soar For B-Schools

The government’s move to grant greater autonomy to IIMs should help them become more competitive

Students at IIM Ahmedabad look over their notes
Photograph by Mayur Bhatt
Freedom To Soar For B-Schools

Amongst all the top institutions of higher education in the country, the Indian Institutes of Management (IIMs) are perhaps a rare success story when it comes to learning and research as well as career prospects.  IIM graduates are highly confident and much in demand, and almost invariably command handsome salaries.

Last week, as Japanese prime minister Shinzo Abe visited India, IIM Bangalore launched the first-of-its kind India-Japan Centre. Promoter-­industrialist Vikram Kirloskar and other industry giants have overwhelmingly appreciated the synergy of ideas on a common platform that can benefit both nations. Lauding the timing as being “perfect”, Kirloskar observed that it was not just about understanding ­management practices but also “understanding of culture, psyche and thinking” which would help “improve bilateral business in a big way”. According to chairperson of the Board of Governors of IIM-B Kiran ­Majumdar-Shaw, it would “contribute to the shared ethos of the ‘Resurgent Japan, Vibrant...

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