IIM

The Common Admission Test (CAT) is an all-India test conducted by the Indian Institutes of Management (IIMs) as an entrance test for the management programmes of its six business schools.

More than 200,000 (230,000 in the year 2007[1]) students compete for about 1500 seats in the IIMs. This is said to make the IIMs even more selective than all the Ivy League Universities[1]. Even with a top 1% score, a candidate must also cross the equally stringent hurdles of a group discussion and an individual interview.

Bhopal: In an effort to bridge the gap between academic theory and industry requirements, a group of 10 Indian Institute of Management (IIM) alumni in Madhya Pradesh has established an institute called the 'Elements Akademia' that aims at providing career guidance to graduates.
Inaugurating the institute here on Monday, Madhya Pradesh Governor, Dr. Balram Jakhar said that institutions providing guidance to students - who face unemployment despite being talented - act as "custodians of future of the country".

Union Human Resource Development Minister Arjun Singh Saturday laid the foundation stone of the country's seventh Indian Institute of Management (IIM) here.

Speaking at the ceremony, the minister said, 'The launching of this institute would contribute to the manpower of tomorrow, not only in the northeast, but also in the whole country and abroad.'

The institute - christened Rajiv Gandhi Indian Institute of Management - is the seventh IIM in the country after Ahmedabad, Bangalore, Kolkata, Lucknow, Indore and Kozhikode.