The Indian Institutes of Management (IIMs) are institutes of management education and research in India. They primarily offer undergraduate/postgraduate, postgraduate, doctoral, and executive education programs along with some additional courses. The establishment of IIMs was initiated by Jawaharlal Nehru, the first Prime Minister of India, based on the recommendation of the Planning Commission of India.
IIMs were declared institutions of national importance by the Ministry of Human Resource Development (MHRD) after the passage of the Indian Institutes of Management Act, 2017. By this act, IIMs were given more autonomy in handling their day-to-day operations. The act changed the IIM governing body from the IIM council to an IIM coordination forum. IIMs were granted much leeway to decide their courses, fees, and other related matters. Top IIMs such as IIM Ahmedabad, IIM Banglore, and IIM Calcutta have achieved top 10 rankings among management schools, according to the National Institutional Ranking Framework (NIRF) used by the HRD minister of India.