Tuesday, August 17, 2010

Surprises galore @ IIMs

It’s not just the entrance test, CAT is throwing up changes, and IIMs are coming out with surprises in more ways. First, shocker came as IIMK has more women than men candidates in the 2010 batch (overall percentage of women candidates in the IIMs has increased). School marks mattered in the recent intakes.
Now news is that the composition of IIMC class of 2010 has more foreign students, an increase from 19 last year to 32 this year. The total batch size is 362 this year.
GMAT score is used to shortlist foreign applicants. Those who did under graduation abroad or chose to work abroad for a considerable time are required to present their GMAT scores for the admission process.
If candidates prefer leading B schools in India to top colleges in US or Singapore the trend is worth watching.
IIMC found a 5% increase in the number of candidates with work experience, the average duration of experience being 20 months.
The diversity in the batch is at an all time in IIMs. The candidates come with work experience form as diverse fields as investment banking, teaching, NGOs, scientists, government jobs, healthcare.
No doubt the trends are healthy in that there will be rich exchange of knowledge in addition to creating management professional for emerging sectors.

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