Think Stanford Graduate School of Business is hard to get into? Try the odds at the Indian Institute of Management-Ahmedabad, which has an acceptance rate that makes Stanford look like community college. More than 200,000 apply every year for acceptance to IIM-A, the oldest and most highly respected B-school in India, but only 450 are accepted, says Director Errol D’Souza, who spoke to Poets&Quants recently in an exclusive interview. The lopsided ratio makes the school’s rate about 0.25%, D’Souza says, reinforcing The Economist‘s famous dictum that IIM-A is “the most difficult school to get into in the world.”