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Indian Institute of Management Ahmedabad

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Indian Institute of Management Ahmedabad
Bhāratīya Prabandh Sansthān Ahmadābād
MottoVidyā-vinayogād-vikāsaḥ (Sanskrit)
Motto in English
Progress Through the Application of Knowledge
TypePublic Business School
Established11 December 1961; 64 years ago (1961-12-11)
FoundersVikram Sarabhai
(Founder)
Kasturbhai Lalbhai,
Jivraj Mehta
(Co-Founders)
AccreditationEQUIS
Endowment₹114 crore (US$12 million) (2023-24)[1]
Budget₹420.15 crore (US$44 million) (2023-24)[1]
ChairmanPankaj Patel[2]
DirectorBharat Bhasker
Academic staff
111[3]
Students1,013[3]
Postgraduates879[3]
134[3]
Location
Ahmedabad
,
Gujarat
,
380015
,
India

23°01′54″N 72°32′10″E / 23.0317°N 72.5361°E / 23.0317; 72.5361
Campus
  • 102 acres (0.41 km2)
  • Urban
Websitewww.iima.ac.in Edit this at Wikidata
Map
Map
Map with new campus on west

The Indian Institute of Management Ahmedabad (IIM Ahmedabad or IIMA) is a public business school in Ahmedabad, Gujarat, India. Established on 11 December 1961, it is the second-oldest of the Indian Institutes of Management and was declared an Institute of National Importance under the Indian Institutes of Management Act, 2017.

The institute was founded by Vikram Sarabhai and Kasturbhai Lalbhai with support from the Government of India, the Government of Gujarat and the Ford Foundation, and was set up in collaboration with Harvard Business School. It offers a two-year Master of Business Administration, an MBA in food and agri-business management, and executive and doctoral programmes. Admission to the flagship MBA is through the Common Admission Test.

Established in 1961, the institute offers master's degree programs in management and agri-business management, a doctoral programme in management, a full-time one-year postgraduate programme for working professionals, a hybrid two-year MBA degree programme for working professionals and entrepreneurs, a two-year blended MBA in Business Analytics and Artificial Intelligence, a six-month residential programme for the armed forces, a faculty development programme, and a number of executive training programs.[4] The institute was founded by Vikram Sarabhai and Kasturbhai Lalbhai, with Ravi J. Matthai.[5] serving as its first director. Other notable contributors included Kamla Chowdhary.[6][7] In September 2025 the institute opened its first campus outside India, in Dubai.[8]

Vikram Sarabhai, the Honorary Director of IIMA.

History

[edit]

IIM Ahmedabad was established on 11 December 1961[9] with the active support of the Government of India, the Government of Gujarat, Harvard Business School, and prominent members of Indian industry. The physicist Vikram Sarabhai and businessman Kasturbhai Lalbhai, both natives of Ahmedabad, played pivotal roles in setting up the institute. Ravi J. Matthai and several other Ahmedabad-based businessmen also played a major role in its creation.[10][11][12] Kamla Chowdhary was the first faculty of the institute, and the coordinator of programmes between 1962 and 1965.[13]

The institute offers master's degree programs in management and agri-business management, a fellowship program and a number of executive training programs.[4] The institute's founding director was Ravi J. Matthai.[6] Other notable founding figures were the Indian physicist Vikram Sarabhai, Indian businessman Kasturbhai Lalbhai and Indian educator Kamla Chowdhary.[6][7]

In 2015, the JSW School of Public Policy was established with a financial contribution from JSW Steel Ltd worth Rs. 50 crore, the school is engaged in research on policy formulation and design, policy choice, and policy impact.[14]

In 2024, it was ranked first among business schools in India by the National Institutional Ranking Framework.[15][16][17]

Campus

[edit]

IIM Ahmedabad's original grounds, which the institute refers to as its heritage campus, were designed by the American architect Louis Kahn between 1962 and 1974.[18] Kahn was introduced to the project through the National Institute of Design and the architect B. V. Doshi, after Vikram Sarabhai and Kasturbhai Lalbhai sought an architect who could give the new institute a building on the scale of Le Corbusier's work elsewhere in Ahmedabad. Kahn's design used exposed, locally made red brick, reinforced concrete slabs, lintels and beams, and repeated circular and arched openings, arranged around courtyards and covered walkways meant to draw academic life outside the classroom.[18] The heritage campus, covering about 25 hectares, includes the Louis Kahn Plaza, faculty offices, a library, academic blocks and dormitories built between 1962 and 1974; after Kahn's death in 1974, the architect Anant Raje, who had worked with Kahn, continued to oversee construction until 2000.[19] Restoration of the library building was carried out by the firm Somaya & Kalappa Consultants and received an Award of Distinction in the 2019 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation.[20]

Restoration and demolition dispute

[edit]

A structural conservation programme for the Kahn-designed buildings began in 2014, led by Somaya & Kalappa Consultants, who first produced measured drawings and condition surveys before beginning repair work on load-bearing brick walls, arches and terraces. In December 2020, the institute told alumni it planned to demolish 14 of the campus's 18 dormitory blocks and rebuild them, citing structural deterioration that made the buildings unsafe for continued use.[21] The plan drew objections from architects, historians and conservation bodies, including the International Council on Monuments and Sites and, later, the Society of Architectural Historians, as well as from members of Kahn's family, who argued the dormitories could be restored using the methods already applied to the library.[21][22][23] Following the criticism, IIMA's board of governors said in January 2021 that it had withdrawn the demolition plan, though some observers noted the institute did not commit in writing to a conservation-only approach.[24]

IIMA Ventures (formerly known as CIIE.CO)

[edit]
IIMA Old Campus
IIMA New Campus
IIM Ahmedabad Old and New Campus.

Set up at IIM Ahmedabad as a Centre of Excellence with support from the Government of India’s Department of Science and Technology and Government of Gujarat, IIMA Ventures (formerly known as Centre for Innovation, Incubation & Entrepreneurship (CIIE)) is the epicentre of The Innovation Continuum.

IIMA Ventures studies, educates, incubates, accelerates and invests in early stage startups, aspiring entrepreneurs, and investors.

Rankings

[edit]
University rankings
Business – international
QS (MBA) (2023)[25]44
QS (MBA) (2024)[26]53
QS (MBA-Asia) (2023)[27]8
QS (MBA-Asia) (2024)[28]9
Financial Times (MBA) (2022)[29]62
Financial Times (MBA) (2024)[30]41
Business/Management – India
NIRF (2023)[31]1
NIRF (2024)[32]1
Business Today (2022)[33]2
Business Today (2023)[34]2
Government colleges: 
Outlook India (2022)[35]1
Outlook India (2024)[36]1

Over the years, IIMA’s academically superior, market-driven, and socially impactful programmes have earned a high reputation and acclaim globally. It became the first Indian institution to receive international accreditation from EQUIS (European Quality Improvement System) by the European Foundation for Management Development (EFMD) in June 2008 and has maintained EQUIS accreditation since then. IIMA has been re-accredited in 2025 for another five years, the maximum length of time for which EQUIS accredits an institution.[37]

In India, IIM Ahmedabad has consistently been ranked first among management schools in India by the National Institutional Ranking Framework since 2020.[37] In the year 2025, the Institute had a score of 83.29, securing the top position in the country.[38]

IIMA has been ranked 23rd globally in the Financial Times (FT) Executive Education Rankings (Open) 2026.[37] The renowned flagship two-year Post Graduate Programme in Management (PGP) is ranked 27th in the FT Masters in Management Ranking 2026, and the Full-Time One-Year Post Graduate Programme in Management (MBA-PGPX) has been ranked 27th in the FT Global MBA rankings 2026.[37]

QS ranked its One Year MBA programme (PGPX) at rank 70 in the world[37] and rank 9 in Asia[39] in its Global MBA Rankings 2027.[40] QS also ranked its Two Year MBA programme (PGP) at rank 46 in its Masters In Management 2026 category.[41]

IIMA has consistently been rated as the number 1 B-School in India in 2025 by reputed national agencies, including Businessworld, The Week, Fortune India, and Business Today.[37]

People

[edit]

Notable alumni

[edit]

One of the most known alumni fora from IIMA is the famous Live Poet's Society. Among BSE 500 CEOs with MBA, the highest proportion come from IIM Ahmedabad.[42] IIM-A alumni have garnered 9 Padma Awards – 4 Padma Bhushan awards (K. V. Kamath, CK Prahalad, Mallika Sarabhai and M. S. Banga) and 5 Padma Shri awards (Kiran Karnik, Kailasam Raghavendra Rao, S. P. Kothari, Sanjeev Bikhchandani, and Srikant Datar). Other notable alumni are Acharya Prashant,[43] Raghuram Rajan, Arvind Subramanian, Harsha Bhogle, Ajay Banga, Rashmi Bansal, Chetan Bhagat,[44] Ivan Menezes, Deep Kalra, Shikha Sharma, Falguni Nayar and Madhabi Puri Buch.

Notable faculty

[edit]

Past and present faculty at IIM Ahmedabad include three former Governors of the Reserve Bank of India – C. Rangarajan (1968–1982),[45] former Director I. G. Patel (1996–2001),[46][47] and Y. Venugopal Reddy (current Professor of Practice). Other notable faculty over the years have been:

Other notable faculty include prominent scholars such as Marti G. Subrahmanyam, Ashish Nanda, and T. V. Rao, among others.

Others

[edit]

N. R. Narayana Murthy, an Indian tech industrialist and the co-founder of Infosys, got his first job as chief systems programmer at IIM Ahmedabad.[65]

Endowment

[edit]

The IIM Ahmedabad Endowment Fund is India's first endowment fund set up at a management school. The fund was established at IIM Ahmedabad in June 2020 from an initial corpus of ₹100 Crore provided by 10 founding alumni.[66] The endowment aims to grow the fund to ₹1,000 Crore over the next five years.[67] The fund was launched by the Chairperson of IIM Ahmedabad Board of Governors, Kumar Mangalam Birla.[68]

[edit]

2 States, a Hindi film based on the eponymous novel by alumnus Chetan Bhagat, starring Alia Bhatt and Arjun Kapoor, was shot on the campus. Prior to this, the 1974 film Parinay, starring Shabana Azmi and Romesh Sharma in lead roles, also had some scenes shot at the Heritage campus.[69]

References

[edit]
  1. 1 2 "62nd Annual Report 2023-2024" (PDF). Indian Institute of Management Ahmedabad. 2024. Retrieved 22 July 2025.
  2. ↑ Saroha, Sakshi, ed. (17 November 2022). "Pankaj R Patel appointed as new chairperson of IIM Ahmedabad Board". Indian Express.
  3. 1 2 3 4 "NIRF 2024" (PDF). NIRF. Retrieved 22 July 2025.
  4. 1 2 "Programmes-IIMA". iima.ac.in. Archived from the original on 14 July 2014. Retrieved 23 July 2012.
  5. ↑ "IIMA History - IIMA". Archived from the original on 29 June 2022. Retrieved 7 December 2024.
  6. 1 2 3 Nair, Chandu (11 September 2011). "How India's best-known B-school got built". The Hindu Business Line. Retrieved 8 November 2017.
  7. 1 2 "First IIMA Faculty and Doctorate from US. But They Call Her 'Mistress': Kamla Chowdhry's Unconventional Life". News18. 17 December 2020. Retrieved 18 December 2020.
  8. ↑ "IIM Ahmedabad opens first overseas campus in Dubai". The Hindu. 11 September 2025. ISSN 0971-751X. Retrieved 28 July 2026.
  9. ↑ Anubhai, Prafull (2011). The IIMA story : the DNA of an institution. Random House India. ISBN 978-8184001921.
  10. ↑ "Key facts-IIMA". iima.ac.in. Archived from the original on 14 July 2014. Retrieved 23 July 2012.
  11. ↑ "Ravi Matthai: a rank outsider who became a pillar at IIM-A". Indian Express. Retrieved 23 July 2012.
  12. ↑ "How India's best-known B-school got built". Business Line. Retrieved 3 March 2012.
  13. ↑ Service, Tribune News. "IIM Ahmedabad not just had founding fathers but a founding mother too". Tribuneindia News Service. Retrieved 18 December 2020.
  14. ↑ "IIM-A announces JSW School of Public Policy". The Hindu Business Line. July 2015. Retrieved 19 May 2020.
  15. ↑ "MHRD, National Institute Ranking Framework (NIRF)". www.nirfindia.org. 19 October 2024. Archived from the original on 15 September 2024. Retrieved 19 October 2024.
  16. ↑ "India's Top B-schools (Overall) - Rankings of India's Top MBA Colleges". BW Businessworld. Retrieved 3 October 2020.
  17. ↑ "Overall Ranking 2019- Business News". www.businesstoday.in. 16 October 2019. Retrieved 3 October 2020.
  18. 1 2 Murphy, Jack (15 November 2022). "Louis Kahn's complex at IIM Ahmedabad again faces threats of demolition". The Architect’s Newspaper. Retrieved 28 July 2026.
  19. ↑ "IIM-Ahmedabad demolition controversy: Thoughts on ecology, empathy, and re-membering". Scroll.in. 12 April 2021. Retrieved 28 July 2026.
  20. ↑ "VS Library at IIM-Ahmedabad wins Unesco laurels for conservation". The Times of India. 15 October 2019. ISSN 0971-8257. Retrieved 28 July 2026.
  21. 1 2 "IIM-A decision to demolish historic dorms 'cultural vandalism' — experts write to institute". ThePrint. 30 December 2020. Retrieved 28 July 2026.
  22. ↑ "Statement on Proposed Demolition of Most of the Dormitory Blocks of the Indian Institute of Management Ahmedabad (IIM-A)". Society of Architectural Historians. 16 May 2023. Retrieved 28 July 2026.
  23. ↑ "Louis Kahn's children urge for preservation as IIM-A decides to raze 14 unsafe dormitories designed by him". Deccan Herald. Retrieved 28 July 2026.
  24. ↑ Laharia, Utkarsha (31 December 2020). "Demolition of Louis Kahn's Indian Institute of Management Ahmedabad canceled after worldwide outcry". The Architect’s Newspaper. Retrieved 28 July 2026.
  25. ↑ "QS Global MBA Rankings 2023". topmba.com. 29 September 2022.
  26. ↑ "QS Global MBA Rankings 2024". topmba.com. 25 October 2023. Archived from the original on 1 September 2024.
  27. ↑ "QS Global MBA Rankings: Asia 2023". Top Universities. 29 September 2022.
  28. ↑ "QS Global MBA Rankings: Asia 2024". Top Universities. 25 October 2023. Archived from the original on 31 March 2024.
  29. ↑ "MBA 2022". Financial Times rankings. 13 February 2022.
  30. ↑ "MBA 2024". Financial Times rankings. 11 February 2024.
  31. ↑ "National Institutional Ranking Framework 2023 (Management)". National Institutional Ranking Framework. Ministry of Education. 5 June 2023.
  32. ↑ "National Institutional Ranking Framework 2024 (Management)". National Institutional Ranking Framework. Ministry of Education. 12 August 2024.
  33. ↑ "India's Top Five B-Schools Yearly Ranking In 2022". Business Today. 1 November 2022.
  34. ↑ S, Vidya (9 July 2023). "India's best B-schools: How the country's MBA education is changing, giving students more options". Business Today.
  35. ↑ "Outlook-ICARE India MBA Rankings 2022: Top Public MBA Institutions Outlook India Magazine". 13 November 2021.
  36. ↑ "Top Public B-Schools In India". 1 November 2023.
  37. 1 2 3 4 5 6 "Accreditation and Ranking | IIMA". www.iima.ac.in. Retrieved 17 September 2026.
  38. ↑ "MoE, National Institute Ranking Framework (NIRF)". www.nirfindia.org. Retrieved 17 September 2026.
  39. ↑ "QS Global MBA Rankings: Asia 2027 | TopUniversities". www.topuniversities.com. 27 August 2026. Retrieved 17 September 2026.
  40. ↑ "QS Global MBA Rankings 2027 | TopUniversities". www.topuniversities.com. 27 August 2026. Retrieved 17 September 2026.
  41. ↑ "QS World University Rankings for Masters In Management 2027 | TopUniversities". www.topuniversities.com. 27 August 2026. Retrieved 17 September 2026.
  42. ↑ Bhuyan, Ragini (10 February 2016). "The B-school education of top Indian CEOs". Live Mint. Retrieved 10 February 2016.
  43. ↑ "This guru has been to IIT and IIM but wants to connect with his students spiritually". Edex Live. 3 July 2019. Retrieved 26 September 2023.
  44. ↑ "LSD – Literary Symposium Desk". iimahd.ernet.in. IIM Ahmedabad. Archived from the original on 21 August 2013. Retrieved 28 August 2013.
  45. ↑ "PM man listening, autonomy debate rages at IIMA". The Indian Express. Retrieved 20 January 2018.
  46. ↑ "Sir Indravadan's Last War – I.G. Patel's encounters with higher education". www.telegraphindia.com. Retrieved 30 January 2020.
  47. ↑ "Dr. I.G. Patel @ Archives". archives.iima.ac.in. Archived from the original on 30 January 2020. Retrieved 30 January 2020.
  48. ↑ Unnithan, Archana M. Prasanna & Chitra (26 April 2010). "Prahalad taught them to think outside the box". Business Standard India. Retrieved 1 February 2020.
  49. ↑ "It's now the era of micro-innovators: C.K. Prahalad". www.businesstoday.in. 2 May 2008. Retrieved 1 February 2020.
  50. ↑ "Bakul Dholakia, premier pundit of management – Times of India". The Times of India. 29 September 2014. Retrieved 1 February 2020.
  51. ↑ "IIM ex-director's battle for transparency". www.rediff.com. Retrieved 1 February 2020.
  52. ↑ "Prof. Samuel Paul @ Archives". archives.iima.ac.in. Retrieved 1 February 2020.
  53. ↑ "Monetary policy committee: Ravindra Dholakia of IIM-A among 3 members appointed". Firstpost. 22 September 2016. Retrieved 9 October 2020.
  54. ↑ Gopakumar, Gopika (23 September 2016). "Ravindra Dholakia is the govt's face in monetary policy committee". mint. Retrieved 9 October 2020.
  55. ↑ "Govt picks IIMA prof for RBI's monetary policy panel". Ahmedabad Mirror. 7 October 2020. Retrieved 9 October 2020.
  56. ↑ "Three Box Solution: A Strategy for Leading Innovation". Archived from the original on 1 February 2020. Retrieved 1 February 2020.
  57. ↑ "We need a culture of research, financial support won't do: Biz guru Vijay Govindarajan on #HikeResearchFellowship". The New Indian Express. 30 January 2019. Retrieved 1 February 2020.
  58. ↑ "Padma Shri award conferred on Prof Anil K Gupta – SRISTI". www.sristi.org. Archived from the original on 24 September 2015. Retrieved 30 March 2018.
  59. ↑ "Interview with Professor Anil Kumar Gupta, Indian Institute of Management, Ahmedabad". Retrieved 24 February 2018.
  60. ↑ "Pankaj Chandra | Ahmedabad University". ahduni.edu.in. Retrieved 1 February 2020.
  61. ↑ "Professor G. Raghuram takes charge as Director of IIM Bangalore". The Economic Times. 22 February 2017. Retrieved 1 February 2020.
  62. ↑ "I have paid a price to be in politics. I have sacrificed". Rediff.com. Retrieved 26 January 2018.
  63. ↑ "Lucknow switch: How Abhishek Mishra replaced Mulayam man in 5 minutes flat". NDTV. Retrieved 26 January 2018.
  64. ↑ Jha, Satish (20 June 2019). "Sohrab investigator IPS officer Rajnish Rai joins IIM-A". Deccan Herald.
  65. ↑ Nayar, Lola (3 April 2017). "N.R. Narayana Murthy, Infosys". Outlook India. Retrieved 2 January 2018.
  66. ↑ "IIM Ahmedabad creates endowment funds with ₹100 crore from founding alumni". The Hindu. 24 June 2020. Retrieved 28 June 2020.
  67. ↑ Shrivastava, Aditi (23 June 2020). "IIM Ahmedabad alumni commit Rs 100 crore for India's first B-school endowment fund". Economic Times. Retrieved 28 June 2020.
  68. ↑ "IIM-Ahmedabad launches endowment fund of Rs 100 crore from alumni". Hindustan Times. 24 June 2020. Retrieved 28 June 2020.
  69. ↑ "'PARINAY': The first film shot on campus, 1974 (February - 2023) | IIMA Archives Monthly Snippets @ IIMA Archives".
[edit]
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