IIMs will now offer degrees instead of diplomas as per IIM Bill 2017

MBA

At the end of the day, all the matter is a degree from IIMs. IIM students from the 2016-18 and 2017-19 batches are now going gaga over the news that was declared by the Rajya Sabha in its winter session. The parliament has awarded complete autonomy to IIMs to spread their branches in international soil. The IIM 2017 bill passed by parliament brought about a major change in awarding Degrees instead of Diplomas by the IIMs to its students for the flagship courses. The IIM Bill 2017 was passed by Rajya Sabha on 19th December 2017, and is now waiting for its approval from the Honorable President of India, which may get approved within 15 days. The Bill was earlier passed by Lok Sabha on 9th February 2017.

It’s after the IIM Bill Act 2017, nearly 10 thousand students of 2016-18 and 2017-19 batches of all the 20 IIMs campuses will be awarded MBA degree instead of Post Gradate Diploma in Management. This is not only satisfying for IIM students but also will open the doors for higher studies. Subsequently, the next IIM batches from 2018-20 and so on will also be awarded Degrees instead of Diplomas.

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