Anum
Anum Ansari
Deputy Manager – Content
Updated on Nov 14, 2024 12:52 IST

Top B-Schools in India are working effectively towards the enhancement of Gender Diversity in their campus. The latest data from various top institutions highlights a promising trend: female enrollment in MBA programs is on the rise, and many top B-schools are taking actionable steps to ensure that women are not only admitted but also supported throughout their academic journey and beyond.

As Indian business schools increasingly prioritize inclusivity, the landscape of gender diversity within their MBA programs is undergoing a significant transformation. Over the past few years, notable shifts in admission policies, placement assistance, and proactive initiatives have paved the way for a more balanced representation of genders in business education. The latest data from various top institutions highlights a promising trend: female enrollment in MBA programs is on the rise, and many top B-schools are taking actionable steps to ensure that women are not only admitted but also supported throughout their academic journey and beyond.

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Table of content
  • Changing Admission Policies: A New Era for Women in MBA Programs
  • All Time High CAT Registrations 2023-24 with 3% increase in Females
  • Admission Process reflecting Enhanced Gender Diversity
  • Placement Assistance: Bridging the Gender Gap
  • Mentorship Programs for Female Candidates at IIM Indore
  • Placement Strategies Enhancing Gender Diversity
  • Empowering Women: Initiatives to Strengthen Female Leadership
  • IIM Raipur’s Efforts to Empower Women
  • Empowerment Initiatives
  • Measuring Impact: Metrics for Assessing Gender Diversity
  • Jaipuria Institute of Management: A Holistic Approach to Gender Diversity
  • Lessons Learned from Diversity Initiatives
  • G D Goenka University: Promoting Gender Equity Across Campus
View More

Changing Admission Policies: A New Era for Women in MBA Programs

Top Indian B-schools are revising their admission criteria to enhance gender diversity among their student cohorts. Institutions like IIM Kozhikode, IIM Indore, and IIM Raipur have pioneered efforts to make their admissions processes more inclusive. For example, one of the top management colleges in India, IIM Kozhikode recently adjusted its admission policy to grant greater weight to gender diversity. Similarly, the IIMs are implementing more inclusive measures, such as reservation policies and adjustments to the overall admission weightages, to improve female representation in their classrooms. These reforms have led to a significant rise in female applicants across prestigious institutions.

Q:   Which courses are offered by IIMs through CAT?
A:

CAT is the common entrance test for a range of post management courses offered by the Indian Institute of Management. The CAT score is accepted for admission to PGP, MBA, Executive MBA, Ph.D. and FPM courses.

Here is the list of courses offered by every IIM.

  • IIM Ahmedabad: PGP, PGP-FABM, ePGD-ABA (post Graduate Diploma in Advanced Business Analytics), PhD
  • IIM Amritsar: MBA, MBA-Business Analytics, MBA-HRM, EMBA, PhD
  • IIM Bangalore: PGP, PGPEM, PGPBA, PhD
  • IIM Bodh Gaya: PGP, Ph.D. (FPM)
  • IIM Calcutta: MBA, PhD
  • IIM Indore: PGP, PGP-HRM, MSDSM (Master of Science in Data Science and Management), FPM
  • IIM Jammu: MBA, MBA (Hospital Administration & Healthcare Management, Executive MBA (Blended Mode), Ph.D. (Full-Time Mode), Ph.D. (Part-Time Mode)
  • IIM Kashipur: MBA, MBA (Analytics), EMBA, EMBAA (Executive Master of Business Administration Analytics), PhD
  • IIM Kozhikode: PGP, PGP-BL, PGP-F, PGP-LSM, EPGP Kochi, PhD
  • IIM Lucknow: PGP, PGP-ABM, PGP-some, PGPWE, PhD
  • IIM Nagpur: MBA, MBA (Executive), Ph.D. (Executive)
  • IIM Raipur: PGP, FPM/PhD, EFPM
  • IIM Ranchi: PGP, PGP-HRM, PGP (Business Analytics), Ph.D. EPhD
  • IIM Rohtak: PGP, EPGDSM, PhD
  • IIM Sambalpur: MBA, Executive MBA, Ph.D. Executive PhD
  • IIM Shillong: PGP, PGPEX, MBA (WE), Ph.D. PhDWP
  • IIM Sirmaur: MBA, MBA (T&HM), ExMBA (Digital Transformation & Analytics), PhD
  • IIM Tiruchirappalli: PGPM & PGPM-HR, DPM, E-DPM
  • IIM Udaipur: MBA, MBA-DEM, MBA-GSCM, PGDBAWE, PhD
  • IIM Visakhapatnam: PGP, PGPEx, PGPDGM, Ph.D.
Q:   What is the highest package offered at IIM Kozhikode?
A:

The highest package offered during IIM Kozhikode placements 2023 stood at 72.02 LPA. The table below showcases IIM Kozhikode highest package offered in the academic year 2023-2024:

Particulars

Placement Statistics (2024)

Highest package

INR 72.02 LPA

The IIM Kozhikode highest packages offered during IIM Kozhikode placements between 2022 and 2024 are presented below:

Particulars

Placement Statistics (2022)

Placement Statistics (2023)

Placement Statistics (2024)

Highest package

INR 61.50 LPA

INR 67.02 LPA

INR 72.02 LPA

Q:   What is the average package offered during IIM Lucknow Noida Campus placements?
A:

The average package offered during IIM Lucknow Noida Campus IPMX placements 2023 stood at INR 26.47 LPA. Further, an improving trend was witnessed in the average package offered over the past three years during IIM Lucknow Noida Campus IPMX placements, which is presented below:

Particulars

IPMX Placement Statistics (2020)

IPMX Placement Statistics (2022)

IPMX Placement Statistics (2023)

Average package

INR 20.75 LPA

INR 24.66 LPA

INR 26.47 LPA

All Time High CAT Registrations 2023-24 with 3% increase in Females

A prime example is the 2024 Common Admission Test (CAT) results, where a record number of women candidates applied for MBA programs across IIMs. CAT 2023 registered a record number of candidates, i.e. 3.3 Lakh candidates registered for the prestigious management entrance exam. 30% record increase was recorded in 2023 CAT registrations.

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Of the total 3.3 lakh, 1.17 lakh, or 38%, were female. CAT 2023 recorded 3% increase in female registrations. Over the past decade, IIMs have taken multiple steps to increase gender diversity in management education. Consequently, IIMs have anywhere between 30% and 45% female students on their campuses, said CAT 2023 convener Prof Sanjeet Singh of IIM-Lucknow while commenting on the record-breaking CAT registrations.

In particular, newer IIMs have seen a sharp increase in female applicants, signaling a shift towards a more gender-balanced environment in business education. These changing policies reflect an acknowledgment of the importance of gender diversity, not just for social equity but for the quality of education and the overall learning experience.

Q:   What is the median package offered at IIM Indore?
A:

The IIM Indore median offered to PGP and IPM batch 2024 stood at INR 24.50 LPA. The course-wise IIM Indore median offered during IIM Indore placements between 2022 and 2024 is tabulated below:

Course

Median Package (2024)

PGP and IPM

INR 24.50 LPA

PGP HRM

INR 20.5 LPA

The table below showcases coursemedian package offered during IIM Indore placements between 2021 and 2023:

Course

Statistics (2022)

Statistics (2023)

Statistics (2024)

PGP and IPM

INR 24.09 LPA

INR 27.20 LPA

INR 24.50 LPA

PGP HRM

INR 19.60 LPA

INR 22.2 LPA

INR 20.5 LPA

EPGP

INR 23.60 LPA

INR 30 LPA

NA

Q:   How are the placements at IIM Raipur?
A:

The key highlights of IIM Raipur MBA placements over the past three years are presented below:

Particulars

MBA Placement Statistics (2022)

MBA Placement Statistics (2023)

MBA Placement Statistics (2024)

Highest package

INR 42.15 LPA (Domestic)

 

INR 43.43 LPA (Domestic)

INR 67.60 LPA (International)

INR 42.29 LPA

Average package

INR 17.73 LPA

INR 21.04 LPA

INR 18.15 LPA

Median package

INR 16.95 LPA

INR 20 LPA

INR 17.5 LPA

Total recruiters

113

107

116

Total offers

275

287

302

Total applicants

252

249

302

Note: Salary data is the Domestic Maximum Earning Potential

Q:   Who are the top recruiters during IIM Lucknow Noida Campus placements?
A:

The list of top recruiters during IIM Lucknow Noida Campus IPMX placements 2023 is presented below:

IIM Lucknow Noida Campus Top Recruiters 

Accenture

Honeywell

Infosys

L&T Infotech

HSBC Ltd

TCS

Genpact

Virtusa

Jio Platform Ltd

Publicis Sapient

Admission Process reflecting Enhanced Gender Diversity

According to Professor Ram Kumar Kakani, Director of IIM Raipur, the institute’s approach to enhancing gender diversity has been reflected in its admissions process. "We have consciously worked towards creating a more inclusive atmosphere," he says. IIM Raipur has seen a significant increase in female representation, with 62% female students in the 2023-25 batch and 42% in the 2024-26 batch. Over the past five years, female representation in the program has increased steadily, reflecting the institute’s sustained efforts to create a welcoming environment for women in management education.

The gender ratio data at IIM Raipur for the past five years is as follows:

A.Y. 2020-22 1.45:1 (Male- 157, Female- 108)
A.Y. 2021-23 1.22:1 (Male- 146, Female- 120)
A.Y. 2022-24 1.64:1 (Male- 205, Female- 125)
A.Y. 2023-25 0.67:1 (Male- 155, Female- 233)
A.Y. 2024-26 1.51:1 (Male- 198, Female- 131)

This consistent rise in female representation at IIM Raipur underscores the success of the institution’s gender-inclusive initiatives and its focus on ensuring a balanced gender ratio within the MBA program.

Placement Assistance: Bridging the Gender Gap

While changing admission policies are crucial, many top B-schools have also introduced dedicated placement assistance programs to ensure that female students have equal access to high-quality job opportunities. Leading institutions are increasingly partnering with companies to create internships and job roles tailored for women, helping to mitigate the challenges women face in securing competitive positions in the corporate world.

Mentorship Programs for Female Candidates at IIM Indore

At IIM Indore, female students benefit from mentorship programs, networking groups, and career counseling aimed at boosting their employability. Female students are actively encouraged to explore diverse career options, including traditionally male-dominated fields such as logistics, supply chain management, and general management. Through collaboration with companies that prioritize gender diversity, IIM Indore ensures that female candidates are placed in roles that match their qualifications, and they are offered salary packages on par with their male counterparts.

The institute’s efforts extend beyond career support. IIM Indore's unique initiatives like sports tournaments for women, including football and frisbee, as well as specialized workshops and leadership training, foster a sense of community and empowerment for female students. The campus also offers practical amenities, such as sanitary napkin vending machines, which reflect the school’s commitment to supporting female students' health and well-being.

“To actively support and encourage female participation at IIM Indore, we have introduced a ‘Diversity Factor’ in our MBA admission process, allocating 6 out of 100 points specifically for female candidates and non-engineering students in the composite score calculation. This initiative reflects our commitment to creating an inclusive environment,” said IIM Indore Director Professor Himanshu Rai.

The Professor further inform that since the introduction of the Diversity Factor in 2015, IIM Indore has significantly increased female representation in its Post Graduate Programme (PGP) and Post Graduate Programme in Human Resource Management (PGPHRM), with female participants averaging 37% over the past five years. Notably, the PGPHRM program has seen a remarkable 74% female representation on average, reaching 97% in recent cohorts. IIM Indore fosters a supportive environment through initiatives like faculty mentorship, specialized workshops, women’s sports events, and health-focused amenities like sanitary napkin vending machines. Additionally, the institute offers exclusive awards for female achievers, such as the K K Alagh Gold Medal and IIM Indore Scholastic Gold Medal, further reinforcing its commitment to gender inclusivity and empowering women in management education.

Placement Strategies Enhancing Gender Diversity

At Great Lakes, gender diversity is embedded not just in admissions but also in placement strategies. Yash Merchant, Director of Brand Marketing at Great Lakes, shares that the institute's placement outcomes reflect its commitment to gender parity. "Female students at Great Lakes have consistently secured competitive roles in consulting, finance, technology, and marketing, with compensation packages comparable to, and in many cases higher than, those of their male peers," he says.

Great Lakes ensures that female students are empowered during the placement process through specialized workshops on skills such as negotiation, personal branding, and career planning. These workshops help female students navigate recruitment processes confidently, ensuring they are prepared to secure leadership roles. Moreover, strong partnerships with companies that prioritize gender diversity enhance opportunities for female students, fast-tracking them into leadership positions.

Meanwhile, IIM Raipur also emphasizes gender parity in its placement process. According to Professor Kakani, “Our placement outcomes for female students have been on par with, and in some cases better than, their male counterparts. We work closely with industry partners to ensure that women have access to high-impact job opportunities.” These efforts, combined with dedicated career support services, help to ensure that female students have an equal shot at leadership roles in the corporate world.

Empowering Women: Initiatives to Strengthen Female Leadership

A key factor in improving gender diversity within MBA programs is creating an environment that empowers women throughout their academic journey. Several B-schools are not just admitting women but actively working to ensure their success once they enroll.

IIM Indore stands out for its commitment to women’s leadership. The institution introduced a ‘Diversity Factor’ in its MBA admission process in 2015, allocating specific points for female candidates, which has contributed to a steady increase in female representation. Over the past five years, female participation in IIM Indore's Post Graduate Programme (PGP) has averaged 37%, reaching as high as 40% in the 2020-22 batch. In the Post Graduate Programme in Human Resource Management (PGPHRM), female representation has been even more remarkable, with the most recent cohorts seeing up to 97% female participation.

These initiatives are not just about numbers; they are about fostering an environment where women can thrive. Workshops, seminars, and leadership training programs focused on negotiation skills, entrepreneurship, and women’s leadership are a regular feature of many B-schools, ensuring that female students are equipped to succeed in male-dominated industries.

IIM Raipur’s Efforts to Empower Women

IIM Raipur also prioritizes women’s leadership development through a variety of initiatives. The institute offers a mentor-mentee program where each female student is paired with a mentor who provides guidance on both academic and professional matters. Additionally, IIM Raipur offers access to psychological counseling and regular medical visits, including gynecological support, to ensure that female students’ mental and physical well-being is cared for. "These support systems help female students to focus on their academic and professional goals with confidence," says Professor Kakani.

Empowerment Initiatives

At Great Lakes, Chennai, the institute’s focus on women’s leadership is clear through its comprehensive mentorship programs, financial support through exclusive scholarships, and women-centric events. Yash Merchant highlights the "Successful Women in Management (SWIM)" event as one of the key platforms that brings together students, alumnae, and industry leaders. “At SWIM, we have had speakers like Indra Nooyi, Preetha Reddy, and Kiran Mazumdar Shaw, who inspire our students and help them connect with leaders in the field,” says Merchant. These events play a critical role in empowering female students, and helping them build networks that will benefit them throughout their careers.

Measuring Impact: Metrics for Assessing Gender Diversity

The commitment to gender diversity at these institutions is not just theoretical. Many B-schools, including IIM Indore, IIM Raipur, Great Lakes, Jaipuria, etc. have put in place comprehensive mechanisms to track and measure the impact of their diversity initiatives. These include analyzing gender ratios across cohorts, leadership roles, club participation, and career outcomes.

IIM Indore employs a data-driven approach to evaluate the effectiveness of its gender diversity strategies. Performance metrics like CGPA, internships, and placement outcomes are analyzed to ensure that gender diversity is correlated with improved academic and career success. In addition, qualitative feedback from students and faculty is gathered through surveys to assess how gender diversity impacts group dynamics, classroom discussions, and overall engagement in the learning process.

At IIM Raipur, feedback mechanisms and student surveys help assess the effectiveness of gender diversity initiatives. According to Professor Kakani, insights from students and faculty regarding classroom engagement, collaboration levels, and overall inclusivity help refine and improve these initiatives over time.

Jaipuria Institute of Management: A Holistic Approach to Gender Diversity

Jaipuria has seen consistent efforts to increase female participation through initiatives like school and college outreach drives and merit-based scholarships specifically for women. Professor Dr Daviender Narang, Director of Jaipuria Institute of Management, Indirapuram, emphasizes that a diverse and inclusive learning environment enhances the educational experience. "At Jaipuria, we actively encourage female participation through targeted outreach programs and scholarships, as well as hosting industry talks with female leaders," he shares. These programs are aimed at inspiring and guiding aspiring women managers, while also raising awareness of the value of management education for women.

Lessons Learned from Diversity Initiatives

Professor Narang reflects on the positive cultural shifts that have resulted from these initiatives. "Diverse classrooms foster richer discussions, collaborative learning, and a more empathetic understanding of global business dynamics," he notes. This inclusive environment contributes to shaping graduates who are well-prepared to take on leadership roles in diverse workplaces, making them more adaptable and better equipped for global challenges.

G D Goenka University: Promoting Gender Equity Across Campus

Professor (Dr) Anuradha R. Tiwary, Registrar at G D Goenka University in Gurugram, highlights the university's strong commitment to gender equity and its comprehensive approach to fostering a gender-neutral environment. "We place a high premium on best practices in the education sector and regard gender equality as a UNESCO priority," she says. The university works tirelessly to ensure that women and men receive equal opportunities in academic recruitment, as well as in extracurricular activities and leadership roles.

A key initiative at G D Goenka University is its zero-tolerance policy towards sexual harassment, supported by a robust security system that includes extensive CCTV surveillance across sensitive campus locations. Additionally, the university maintains separate common rooms for male and female students, ensuring that both genders have equal access to comfortable and safe spaces.

As the landscape of MBA education continues to evolve, the proactive steps taken by top management colleges in India exemplify the growing recognition of the importance of gender diversity in business education.

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Anum Ansari
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"Writing is not about accurate grammar, it's about the honest thoughts you put in it". Having a versatile writing style, Anum loves to express her views and opinion on different topics such as education, entertainme Read Full Bio
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