IIMs have been conferred with INI status in India. INI stands for Institute of National Importance which is given to a premier public higher education Institutions in India by a Parliamentary act when the Institution plays the role of a pivotal player in developing highly skilled personnel. IIMs fit this bill because they customise their own course and other related matters. For example, IIMs have 1 year PGPM courses tailored for Candidates with work experience. The first IIM was founded in the year 1961. Today as of 2019, the gender diversity ratio in the IIMs is at 30% giving equal and at times more importance to female candidates. IIMs were the first to introduce the concept of Gender Diversity. The prospects of being placed with a high package with the best in the Industry is what makes Candidates choose IIM as a destination college for pursuing MBA. The exposure that a Student gets during his/her tenure is unbeatable. IIMs prepare you for what is in store for you in your life ahead. With the kind of knowledge you are exposed to and the limited time that you have for yourself between presentations, assignments, discussions and studies, this is not your regular MBA in a regular college. Rather it prepares you for the always running corporate life. The courses are designed to meet diverse needs for management education. For example, IIM Indore has sent as many 25 faculty members to Harvard as a part of Participant Centered Learning Programme. IIM A is collaborating with the Government of Andhra Pradesh to combat corruption. IIM A had recently come up with a leadership program for the Ministers of the UP Government. Blending theory and practise, IIMs teach you communication, leadership, sustainability, spreadsheet modelling and Design thinking, Innovation and Entrepeneurial orientation. In short, this is something that you do not and cannot learn in every day of your life. Hence it is considered a once in a life time opportunity to get a seat and study in an IIM.

Hey shashank

IIMs are considered prestigious college to graduate from with a Bussiness adminstration or say any degree. IIMs are known fro high placement packages, good research and developement oppurtunities as well as all the experiences it has to offer. It has all the facilities you would need. They have been carrying high reputation since ages. Due to all these factors and more it is considered a dream come true. The graduation here will bear its fruits throughout ones life.

to know more go through:

https://bschool.careers360.com/colleges/list-of-top-iim-colleges-in-india