The two-year full-time Post Graduate Programme in Management (PGP), rated as the toughest MBA programme in the world to get admission, is the flagship programme of IIMA. Its main objective is to develop young men and women into competent professional managers, capable of working in any sector of organized activity, proceeding leadership and achieving excellence in performance while contributing to the welfare of the larger society. The programme specifically attempts to:

  • Equip students with the required conceptual and interpersonal skills and sense of social purpose for managerial decision-making,
  • Develop leadership capabilities to act as change agents and be a source of motivation in the organizations they work in,
  • Nurture the desire to excel in performance without compromising integrity, honesty and fairness.


IIMA is known for the depth and rigour of the programme. The curriculum, reviewed and revised periodically, remain relevant and contemporary.

PGP Faculty strength

PGP students work experience - Sector wise

PGP cohort, as per work experience



The PGP curriculum is the result of constant innovation and continuous review by the faculty with help from practitioners in industry, alumni and students. The programme offers four types of courses spread across two years viz. foundational, tools and techniques oriented, functional and perspective-building courses.  It also provides opportunities for project courses and courses of independent study during the second year.

The compulsory/ core courses focus on rigorous grounding in the rudiments of every discipline in management and the development of a common foundation of business knowledge and management theory. The core courses consist of 480 sessions (Approx.) encompassing 24 credits (Approx.).

After the first year of programme, students undertake summer training with Institute's corporate partners for a period of eight to nine weeks. The Summer Internship is a powerful source of practical managerial insights, validation of management concepts, and valuable market knowledge.

The elective courses which are offered in the second year of the programme allow students to choose a bouquet of courses that interest them and develop proficiency in the areas of their choice. The elective courses consists of in-class courses (often with project components) offered by different areas, courses of independent study, exchange programmes, and intensive field courses, totalling 19 – 22 credits  (380-440 sessions) over three Terms. Each of the Terms consists of 09 to 12 weeks' duration. Each credit requires a minimum of eighty hours of work.

Types of Courses


Regular Course: This helps a student to learn tools, techniques, skills and concepts primarily through class discussions.


Seminar Course: This provides a specified number of class sessions and time for research to explore the frontiers of knowledge.


Projects: These are designed to suit individual student needs. There are four categories of projects. (1) An Independent Project, (2) Project Course, (3) Course of Independent Study, and (4) Comprehensive Project.


  1. An Independent Project provides an opportunity to apply the tools, techniques, skills and concepts, which a student may have already learnt, to the study of actual problems through field studies, computer based analysis and library research. 
  2. Students can do independent projects (IP) (Non Credit) for up to one per set of two slots. These can be undertaken only with the prior permission of the instructor(s) concerned. The project proposals, duly approved by the guide(s) should be submitted to the PGP Office before the start of slot IX and XI. The IPs would not be taken into account towards meeting the credit requirements in second year and their grades would not be accounted in GPA calculation.  
  3. The Course of Independent Study (CIS) (2 credits) allows exploration of a topic in the student's "area" of interest. It makes possible the integration of several fields of study in searching for the solution to a single problem. It provides valuable experience in the research process such as definition of the problem, search for relevant data, analysis of the data and drawing conclusions. Thus CIS allows for individual initiative, judgment and resourcefulness well beyond what is possible in the regular curriculum.  
  4. The Comprehensive Project (CP) provides an opportunity to learn in a real world context. This provides a vehicle for integration of learning across functions and disciplines. The project must be organization-based, not based entirely on secondary data or library work. It must be multifunctional and multidisciplinary in nature. 


Courses Offered

Compulsory Courses in the First Year (Tentative)

Term 1
No Course Acronym Course Title
1 FM Financial Markets
2 FRA Financial Reporting and Analysis
3 HRM-I Human Resource Management-I
4 ID Individual Dynamics
5 LAB Legal Aspects of Business
6 MGRCMN Managerial Communication
7 MGRCMP Managerial Computing
8 MKT-I Marketing-I
9 ME Microeconomics
10 OM-I Operations Management-I
11 QM-1a Quantitative Methods-IA
12 QM-1b Quantitative Methods-IB
13 OB Area Induction
Term 2
No Course Acronym Course Title
1 CCS Costing and Control Systems
2 FM Financial Markets
3 HRM-II Human Resource Management II
4 IGP Interpersonal Group and Processes
5 MEP Macroeconomics and Policy
6 MKT-II Marketing II
7 OM-II Operations Management II
8 PCE Personal and Corporate Ethics
9 QM-2 Quantitative Methods-2
10 SCEB The Social and Cultural Environment of Business
11 TBIT Transforming Business through Information Technology
12 WIP Workshop on Interviews and Presentations
13 WAC-I Written Analysis and Communication-I
Term 3
No Course Acronym Course Title
1 BRM Business Research Methods
2 BES Business, Environment and Sustainability
3 CF Corporate Finance
4 GSP Government Systems and Policy Process
5 IEB Internet-Enabled Businesses
6 MKT Marketing III
7 ODY Organizational Dynamics
8 SM Strategic Management
9 WAC-II Written Analysis and Communication-II
Flexicore Courses (FC)
10 MOM Manufacturing Operations Management
SOM Service Operations Management
11 SHRM Strategic Human Resource Management
TCM Talent and Competency Management



Courses Offered in the Second Year (Tentative)

List of Electives Courses in Second year (Area Wise) based on offerings in the past 5 years.

No Course Acronym Course Name
Centre for Innovation, Incubation and Entrepreneurship
1 NTADBM New Technology Application, Design and Business Models
Centre for Management in Agriculture
2 CINE CINE: Understanding Creativity, Innovation, Knowledge, Networks and Entrepreneurship
3 SY Shodh Yatra - Off Campus
4 CCR Communicating Corporate Reputation
5 CST Communication Skills for Team & Leadership Effectiveness
6 DC Difficult Communication
7 IC Intercultural Communication
8 MC Managerial Communication
9 EPETMC Media and Society: Economics, Politics, Ethics and Technologies for Mass Communication
10 OC Organizational Communication
11 PC Persuasive Communication
12 SCDE Strategic Communication in the Digital Era
13 SNS Strategic Negotiation Skills
14 SST Strategic Storytelling
15 ACS Auctions
16 BEE Behavioral and Experimental Economics
17 EDPG Economic Development Policy and Growth
18 EFQ Economics Of Food Quality
19 EoO Economics of Organization
20 EoS Economics of Strategy
21 GTA Game Theory and Applications
22 GAW Gender and Work
23 GFT Global Finance and Trade
24 GRFS Governance and Regulation in the Financial Sector
25 HE Health Economics
26 HITCH Hitchhiker's Guide to Business and Economies Across Five Centuries
27 IEST Indian Economy and Society Today
28 IPBD Interdisciplinary Perspectives on Big Data
29 MEM Managerial Econometrics
30 MTP Monetary Theory and Policy
31 PAN Pandemics!
32 REM Real Estate Management
33 RGHPE Revisiting Global Health & Pharmaceutical Economics During Covid-19
34 SPI Social Policy in India
35 WEBGP World Economy: Business, Government, and Policy
Finance and Accounting
36 AI Alternative Investments 
37 AVI Applied Value Investing 
38 BF Behavioural Finance
39 BB Bitcoin and the Blockchain
40 BFI Banking and Financial Intermediation
41 BSGR Black Swans and Gray Rhinos: Managing under Financial Crises
42 CG Corporate Governance 
43 FSA Financial Statement Analysis
44 FoF Financing of Firms 
45 FIS Fixed Income Securities
46 FORM Futures, Options and Risk Management
47 MFI Management of Financial Institutions
48 MACR Mergers, Acquisitions & Corporate Restructuring 
49 MFM Microfinance Management
50 MIPM Modern Investment & Portfolio Management
51 PTP Principles of Transfer Pricing
52 PEHC Private Equity, Hedge Funds and Corporate Finance
53 QAT Quantitative & Algorithmic Trading
54 SCF Stochastic Calculus in Finance
55 SPB Strategic Perspectives in Banking
56 UEPC Unlisted Equities & Patient Capital
57 VoF Valuation of Firms 
Human Resource Management
58 AIHRM AI and Human Resource Management
59 BS Business and Society 
60 GPP Games People Play: Psychology of HRM
61 HRMSS Human Resource Management in Service Sector
62 LDT Leading the Digital Transformation
63 MCEO Making of a CEO
64 MHCP Managing Human Capital in Projects
65 PCIH Personal Competencies for International HRM
66 UBG Understanding Bhagavad Gita: Managerial Perspective
Information Systems
67 BDA Big Data Analytics
68 DMBI Data Mining and Business Intelligence
69 DVDM Data Visualization for Decision Making
70 DIFD Digital Inclusion for Development
71 MSPE Management of Software Projects and Enterprise 
72 SMIS Strategic Management of Information Systems
73 SIE Strategies for Internet Economy
74 PPIDI Public Policy for Inclusive Development of India
75 AIM Artificial Intelligence & Marketing
76 BM Brand Management
77 B2B Business to Business Marketing
78 CB Consumer Behaviour
79 CBBS Customer Based Business Strategies
80 DMCDM Descriptive Models of Consumer Decision Making
81 DM Digital Marketing
82 DBBD Driving Better Business Decisions Through Superior Customer Insights and Sensemaking
83 INL Innovation, Live
84 MCVD Managing Customer Value Delivery
85 MRB Managing Retail Business
86 MRIS Market Research and Information Systems
87 ML Marketing Luxury
88 MMW Marketing Management in the World of High Tech. and Innovation 
89 MS Marketing Services
90 MME Mobile Marketing Essentials
91 NCB Neuroscience and Consumer Behaviour
92 NPCD New Products Creation and Development 
93 NFS Not for Sale : Psychology of Promotions
94 PCG Pricing
95 AIDP Privacy Paradox: Artificial Intelligence and Digital
96 SMBC Semiotics: Strategies for Media and Brand Communication
97 SBM Strategic Brand Management
98 SM Strategic Marketing
99 SMM Strategic Models in Marketing 
100 UNG Understanding the New Gold: Digitalization, Fintech and Associated Technology, Regulation and Adoption
Organizational Behaviour
101 CIW Contemporary Indian Workplaces: Decent Work and Diversity 
102 ERI Explorations in Role and Identity
103 HPT High Performing Teams: A Journey
104 ITES Inner Theatre: An Encounter with Self 
105 NS Negotiation Strategies
106 CSW The Creative Self at Work
Production and Quantitative Methods
107 AMMMD Advanced Mathematical Modeling for Managerial Decisions
108 AMDA Advanced Methods of Data Analysis
109 BMDA Bayesian Methods for Data Analysis
110 BA Business Analytics
111 CTC Coordinating the Crowd
112 EC Elephants and Cheetahs: Systems, Strategy and Bottlenecks 
113 LOG Logistics
114 MAOR Managerial Applications of OR
115 OS Operations Strategy
116 SMDA Statistical Methods in Data Analysis
117 SCM Supply Chain Management
118 SCT Supply Chain Thinking: Value Creation and Adaptation
119 ACD The Art and Crafts of Decision Making
120 UCR Why Projects Fail? Uncertainty, Complexity and Risk in Projects
121 WwN Working with Networks
PGP (Others)
122 BIO Bionics
123 CFI Contemporary Film Industry: A Business Perspective
124 DBI Doing Business in India (Only for Exchange)
125 IHC India: History and Culture (Only for Exchange)
126 PFM Philosophical Foundation of Management
127 RMBA The Remains of the MBA
Public Systems Group
128 CaF  Carbon Finance
129 EBPD Experiments for Business and Policy Decision-making
130 GDPP Gender and Development Policy and Programmes
131 GGPLP Good Governance & People Living in Poverty
132 IPWH Industrialisation: Perspectives from World History
133 IDF Infrastructure Development & Financing
134 ISIKG Innovation, Social Institutions and Knowledge at the Grassroots
135 IMUT Innovations in Managing Urban Transport
136 ITS Intelligent Transportation Systems
137 ICSI Investigating Corporate Social Irresponsibility
138 MEnB Managing Energy Businesses
139 MMMkt Manipulation, Myth-Making  and Marketing 
140 PTfD Participatory Theater for Development
141 PPO Power and Politics in Organization
142 PGA Probity in Governance and Administration
143 PP Public Policy
144 QRMUBHDNS Qualitative Research Methods for Understanding Business and Human Development in a Network Society
145 RTPM Rail Transport Planning and Management
146 SEISC Social Entrepreneurship: Innovating Social Change
147 RGG The Indian State, Democracy and Accountability Institutions: Rethinking Good Governance
148 MVE The Philosophical Underpinnings of Public Policy: Morals, Values, and Ethics
149 TSM Transformational Social Movement
150 URBAN Urban Economy and Business Environment
Ravi J. Matthai Centre for Education Innovation
151 DIS Designing and Implementing Surveys
152 EIE Enterprise and Innovation in Education
153 GTLM Gamification, Technology and Learning Motivation
154 MSLBET Managing Self-Limiting Beliefs in Education and Training
155 SGCISE Second Generation Challenges in Indian School Education
156 BGL Business Government and Law
157 BNLL Business Negligence, Liability and Law
158 BT Business Taxation
159 BCR Businesses and the Constitutional Rights
160 CCCS Competence, Capability and Competitive Strategy
161 CPSF Consulting and Professional Service Firms
162 CTIB Contract Terms in International Business 
163 DSDT Digital Strategy and Digital Transformation
164 ETA Entrepreneurial Thought & Action
165 FBL Frontiers of Business Law
166 IBDR International Business Dispute Resolution
167 LVMR Leadership: Vision, Meaning and Reality
168 MCSIEC Multinational Company Strategies and International Expansion Choices
169 MYM Mysteries in Management
170 RTNGB Reimagining Telecom & Next Generation Businesses 
171 SAVIA Strategic Alliances and Valuation of Intellectual Assets
172 SC Strategy Capstone (Core Course)
173 SEM Strategy in Emerging Markets



Staging Enabled