The Indian Institute of Management (IIM) is a prestigious group of business schools in India, established to provide high-quality management education. The first IIM was founded in 1961 in Calcutta, and since then, several other IIMs have been set up across the country. These institutions offer various programs, including the flagship Post Graduate Program in Management (PGPM), which is equivalent to an MBA. IIMs are known for their rigorous academic curriculum, experienced faculty, and strong industry connections. They focus on developing leadership skills and entrepreneurial thinking among students, preparing them for careers in diverse sectors. Admission to IIMs is highly competitive, primarily through the Common Admission Test (CAT).