The Indian Institute of Management (IIM) located in Udaipur has increased 30 number of seats in its management course for the academic session 2015-16. Therefore, the number goes to 150 from 120. The institute comes to this decision when it noticed positive improvements in the placement season. According to the officials of IIM-U, The institute has also looked upon and improved the infrastructural facilities and further in the number of faculty. As a result, the institute can now accommodate more candidates.
IIM Udaipur will be coordinating the Common Admission Process (CAP) for the six new IIMs for the 2015-17 batch. The six new IIMs include IIM Kashipur, IIM Ranchi, IIM Raipur, IIM Rohtak, IIM Udaipur and IIM Tiruchirappalli or Trichy. The cut-off is expected to be around 97 percentile this year, hence candidates scoring below this in the Common Admission Test 2014 (CAT 2014) will not take part in the admission process of these IIMs. CAT 2014 was held on Sunday, November 16 and Saturday, November 22, 2014. The Results were announced on Saturday, December 27, 2014.
Moreover, The new IIMs are offering over 800 seats and will be inviting around 10,000 candidates for the CAP, which will consist of the Personal Interview-Written Ability Test (PI-WAT) rounds. The admission process will be conducted from mid-February till mid-March, 2015.
As per sources, the new IIM of Maharashtra which is proposed to be set up in Nagpur is expected to start operations from the 2015-16 academic session. The Union Budget 2014, presented on Thursday, July 10, 2014, had allocations for six new IIMs that are planned to be established in Maharashtra, Himachal Pradesh, Punjab, Bihar, Andhra Pradesh and Odisha.
IIM Udaipur will also be granting extra points to women as well as non-engineer candidates aspiring to gain admission. As per this year’s admission policy of IIM Udaipur, the institute is allotting 50% weightage to CAT 2014 score, 30% to PI and aptitude test, 20% to personal profile including previous academic records (40%), professional experience (30%), preference to women candidates (15%) and non-engineers (15%).
IIM Udaipur has tweaked the admission norms to bring in more non-engineer and women candidates to the IIMs, added institute officials. At present, around 80% of the IIM students are from an engineering background, while the rest are from Arts or Commerce.
As a result, of all the developments, IIM Udaipur is also planning a fee hike of 17%, that is, from Rs 8 lakh to Rs 9.3 lakh. However, the fee hike is subject to the approval from the board, as per institute officials.