Existing IIMs will mentor the proposed IIMs, said highly placed sources. As such, IIM-Indore will mentor proposed IIM in Bihar. Whether the IIM will be in Patna or Gaya, it is yet to be made clear by Union human resource development ministry. Out of the six IIMs, the Union has so far given clearance only to IIM Nagpur.
In a notification in July last year, it was announced that the six proposed IIMs will commence their academic session from 2015-16. However, candidate intake, their short-listing criteria and even campus location is still unclear.
Ambiguity over the whole process, which needs to be expedited by Union HRD ministry, is likely to have a negative impact on top-tier PGDM B-schools admission process. Sources in IIMs said 10,000 candidates are expected to wait till end of March, till the admissions are over for newer IIMs.
CAT 2014 convener Rohit Kapoor said, “Meetings regarding the mentoring of proposed IIMs are taking place at ministry level. It is expected that at least 10,000 candidates will be shortlisted from the new IIMs.”
Altogether 19 IIMs will be offering admission to approximately 4,200 candidates. Of the 19 IIMs, seven are the older IIMs who admit about 3,000 students while there are another six IIMs with an intake of 700 students. Another lot of six proposed IIMs are likely to intake 500 candidates.
Government of India had announced to open the new IIMs, one each in Himachal Pradesh, Punjab, Bihar, Odisha, Maharashtra and Andhra Pradesh. For CAT 2014, around 25,000 aspirants are shortlisted by 19 IIMs for the next round of selection.
For admissions to the six IIMs in Kashipur, Ranchi, Raipur, Rohtak, Trichy and Udaipur, IIM Udaipur is likely to conduct the combined admission process (CAP) comprising WAT and PI. However, CAP is unlikely for new proposed IIMs due to initial hiccups, sources added.