1.The union cabinet approved the Indian Institute of Management(IIM) bill 2017,which aims at permitting IIMs to grant degrees rather than diplomas and be declared as institutions of national importance.
2.IIMs are not authorized to award degrees and hence they have been awarding post graduate Diploma and fellow programme in Management and these are equivalent to MBAs and Ph.D respectively.
2.IIMs are not authorized to award degrees and hence they have been awarding post graduate Diploma and fellow programme in Management and these are equivalent to MBAs and Ph.D respectively.
