IIM Kolkata

The Indian Institute of Management Calcutta (IIM-C) was the country’s first IIM, founded in 1961 by the Indian Government. It’s worth noting that the Government of India designated IIM C as a national institute in 2011. IIM Calcutta is one of the top Management colleges in India. Along with the Alfred P. Sloan School of Management (MIT), the Government of West Bengal, the Ford Foundation, it was the first national institute for postgraduate studies and research in management .

In this Article,

• IIM Calcutta Highlights
• Programmes offered at IIM Calcutta
• IIM Calcutta Scholarships
• Ranking over the past 5 years
• Campus life
• List of Prominent IIMC Alumni
• IIM Calcutta Average Package & Placements
• IIM Calcutta Summer Placements 2020
• IIM Calcutta Final Placements for 2018-2020

The Indian Institute of Management Calcutta is the only management school in India and one of only 86 globally accredited business schools that holds the Triple Accreditation. On December 15, 1968, Sri Morarji Desai, India’s then Deputy Prime Minister, laid the foundation stone for the Joka campus. In 1975, the Institute relocated to its current location. There is a spectacular location, seven water bodies, and a miniaturised Howrah Bridge on the IIMC campus, situated on 135 acres in Joka, a suburb on Kolkata’s southern outskirts. The IIMC campus is a paradise for a diverse range of unusual and rare species of birds.

IIM Calcutta Highlights

IIM Calcutta offers an educational experience that goes far beyond the classroom. Campus life and interaction among fellow students are extremely important to students’ growth and development. The highlights of IIMC are listed below

List of Prominent IIM – C Alumni

• Rohit Chadda – Co-founder of foodpanda.com, CEO Digital business, Zee group
• Ajit Balakrishnan – Chairman of the board of Governors of IIM Calcutta, Founder and Chief Executive Officer of Rediff.com
• Vikrant Bhargava – Co-founder and Group marketing director, PartyGaming
• Mastan Babu – Leading mountaineer-Guinness World record holder
• Sanjay Gupta – Country manager, Google Academics
• Ashish Chauhan- Managing director , CEO, Bombay Stock Exchange
• Pranay Chulet – Co-founder ,CEO of Quikr
• Indra Nooyi, Chairman and Chief Executive Officer, PepsiCo
• Jessie Paul – Author and Marketer
• Sudhakar Ram – CEO , Founder of Mastek
• Shyam Srinivasan,- MD, CEO of Federal Bank
• Sunil Alagh – Former MD, CEO, Britannia Industries
• Nishi Vasudeva – Chairperson and Managing Director, Hindustan Petroleum
• Sumant Sinha – Founder, Chairman & CEO, ReNew Power
• Amolak Rattan Kohli – Former Governor of Mizoram
• Krishnamurthy Subramanian – 17th Chief Economic Adviser, Government of India
• Ajay Bisaria – Former Ambassador to Poland and Lithuania, Indian High Commissioner to Pakistan
• Sunil Duggal – Chief Executive Officer of Dabur

Programmes Offered at IIM Calcutta

IIM Calcutta provides a variety of Programmes for both graduate students and those with professional experience. The following are the management Programmes provided by the IIMs:

*Screening and selection will be done solely by IIMC.

IIM Calcutta Scholarships

Financial aid is provided to students in the form of loans. A variety of reputable financial institutions offer student loans. Institutional scholarships are also available for deserving candidates from organisations like SC/ST students can also apply for Merit Cum Means Scholarships, awarded by the Indian government, depending on their performance.

• P. R. Karthik Scholarship, India Carbon Scholarship B.P. Poddar Scholarship, Aditya Kashyap Memorial Scholarship (for receiving highest CGPA in Compulsory & Elective Courses), TIL Scholarship etc. are institutional scholarships available for students.
• A variety of scholarships sponsored by major corporations, including the OP Jindal Engineering & Management Scholarship, the Ratan Tata Trust, T. Thomas Scholarship sponsored by HUL, are available for deserving students, based on merit and specific criteria stipulated by the Sponsors.
• NTPC awards merit scholarships to deserving SC/ST/disabled students, based on their PGP-first year scores.

Financial Assistance for Doctoral Students

• Each student receives a stipend that starts at Rs. 30,000 per month, and increases with academic performance to Rs. 35,000 per month.
• Furthermore, each student is able to qualify for development grants of up to Rs. 65,000 for the first year of study and up to Rs. 25,000 for successive years;
• These funds can be used to purchase books and computers, as well as do field research and attend academic conferences.
• The stipend and funding are available for four years of study, and can be prolonged for up to one year if adequate progress in thesis work is proven.
• Students who wish to attend foreign conferences might receive financial assistance from the Institute.
• Infrastructural support includes access to the Institute’s well-equipped B. C. Roy Memorial Library, access to different national and international databases, specialised computing labs for Doctoral Students, and wireless internet connectivity.
• During the thesis period, doctoral candidates receive additional financial support in the form of field research funds of up to Rs.50,000 (if required).
• Students must also apply for Teaching Assistantships as they become available. Instead of attending a conference, students could participate in an international workshop.

IIM Calcutta Accreditations and Rankings

AACSB accreditation is the global standard in management studies, and only around 5% of the world’s business programmes have received it. IIMC is also the only business school in India to be a member of the Community of European Management Schools (CEMS), an elite group of 29 top business schools from across the world. As a result, IIM Calcutta is India’s only institute with Triple accreditation from AACSB and AMBA, as well as membership in CEMA. The international and national rankings of the IIMC are highlighted below.

Partnerships and Student Exchange Programs by IIM Calcutta

Through the International Exchange Programmes, students spend a portion of their time studying at business schools throughout the world. Cultural and economic differences between developed and developing countries can only be appreciated by exploring diverse environments since they are too vast to be taught in a classroom. One can only learn to appreciate them by venturing into diverse environments. IIM Calcutta hosts international students and faculty together to help them gain an understanding of one of the world’s largest markets, and prepare them to be world-class professionals. Listed below are some of the International Universities partnered with IIM Calcutta

Campus Life at IIM Calcutta

The IIMC campus features world-class educational facilities and campus buildings that are planned and maintained to enable students to learn better. For students enrolled in residential courses, IIM Calcutta provides on-campus housing. Study places and social spaces are available to the entire community in our five modern residence halls. ‘Lake View Hostel,’ a world-class hostel, is the most recent addition to our list. Classrooms of various sizes and seating capacities, group study areas, conference rooms, lounges, a business/engineering library, and faculty offices are all housed in IIM Calcutta’s academic and administrative facilities. The table below will give you an overview of the Centres of Excellence in the IIMC campus

It is common to see students and faculty engaging in discussions that go beyond academic topics. There are also ample opportunities for extracurricular activities in a variety of clubs and organisations that aim to harness the creative energy and enthusiasm of the next generation of leaders.

Administrative Building, MHCV, Teaching Block & Hostel

• The main academic block of IIM Calcutta is located next to the administration building, and contains four huge lecture halls as well as several other classrooms. All of the classrooms and lecture halls are air-conditioned and equipped with cutting-edge audio-visual and multimedia technology.
• Within the three primary hostels, Old Hostel, White Hostel, and New Hostel, there are numerous opportunities for interaction and the development of bonds. The White Hostel and New Hostel are both male hostels, whilst the Old Hostel is a co-ed hostel with distinct girls’ wings.
• Additionally, there is a post office, ATMs from both SBI and ICICI banks, a cafeteria, and a hospital on campus, as well as telephone, fax, television, and Internet access.
• The Tata Hall has 56 residential rooms, four suites, and three meeting rooms. Residents of the Tata Hall have access to a fine dining room. Some of the suites are furnished with double beds, while restrooms are furnished with single beds.
• There is an unmistakable calmness about the stupa-shaped buildings in the delightful surroundings. The Management Centre For Human Values illuminates more than two decades of aspiration and work to spread the wisdom of Indian psycho-philosophy from the perennial corpus to members of human groups nationwide and globally.
• Aside from the infrastructure, all of the hostels provide plenty of opportunities for conversation and making friends. After a long day of work, students can enjoy common areas, gaming rooms, and sports courts in all hostels.

Library

• One of Asia’s best management libraries, IIMC offers modern amenities and automated operations and services that make it highly convenient for people to use.
• The library encompasses a vast collection of books and bound journals spanning over 1.6 lakh volumes.
• The library was established in March 1962 and called B. C. Roy Memorial Library in honour of Dr B. C. Roy, the Institute’s first Chairman.
• There are over 40,000 full-text journals available online through the IIMC Library. The library subscribes to 500 journals.

Auditorium

• There is no academic campus in the country with a better auditorium than IIM Calcutta. The auditorium accommodates 750 people.
• Featuring ultra-modern equipment, including audio-visual systems, the auditorium is fully cooled and equipped with air conditioning.

Computing Facilities

• IIM C was the country’s first management institute to build a fully networked campus.
• For decades, the Institute has been committed to incorporating technology into its programs. It currently has a network of approximately 1000 PCs, four digital alpha servers, one IBM RS-6000 server, and seven novell file servers.
• Users get unlimited access to the Internet via a 2MBPS and 64 KBPS radio link via VSNL. Bloomberg, Prowess, and Capitaline are just a few of the electronic databases that provide info on the global and Indian business worlds.

Finance Lab

• The Finance Lab supports advanced applied research in financial markets and aims to provide financial managers with the mathematical and conceptual theories and best practices in financial systems needed for creating and managing innovative financial products.
• Lab equipment includes an exchange simulator (XSTrade) containing real-time data feeds from 5 markets: NSE-Cash, BSE-Cash, NCDEX and MCX.

IIM Calcutta Placements & Careers

Overall, the IIM Calcutta is one of the best in terms of placements and the high academic standards on campus are key reasons for its success. This success is reflected in both the campus’s strong industrial ties as well as its significant alumni network.

IIM Calcutta Summer Placements 2020

The Summer Placements 2020 was successfully completed against the challenges posed by the pandemic. The entire placement process was conducted digitally, with recruiters and students integrating onboarding on a single platform.

• There were 43 new recruiters this season. For a class of 473 students, 141 recruiters participated in the process, providing them with positions in Consulting, Finance, Sales & Marketing, Operations & General Management, and more.
• The process spanned over 3 clusters accommodating 23 different cohorts across sectors.The cluster 1 of the Summer placements 2020 process was a congregation of Asset Management, Investment Banking & Markets, Management Consulting, and Advisory Consulting cohorts.
• In the first cluster of the process, 37 recruiters took part, making 180+ offers. Top recruiters offering students coveted Management consulting opportunities were Accenture Strategy, Bain and Company, The Boston Consulting Group, McKinsey & Company, and Kearney.
• For the first time companies like Arthur D. Little, InCred Capital, IARC Private Limited, took part in the IIM Calcutta process. Financial roles were offered from notable recruiters such as Goldman Sachs, Bank of America, Barclays, Morgan Stanley, Gaja Capital, Credit Suisse, and CITI Bank.
• The first-time recruiters in Summers’ process were TCS Strategic Leadership Program, VMware, and Voxco.
• Microsoft, Amazon, Procter & Gamble, Asian Paints, and Reckitt Benckiser were among the companies that made the most offers in the cluster, with the highest offers.
• Other notable recruiters were Tata Administrative Services, Aditya Birla Group, Salesforce, Hindustan Unilever, ITC, Nestle, and Flipkart, all of whom offered highly coveted positions in General Management, Sales & Marketing, and Product Management. Offers were made in 80 roles throughout the FMCG, E-Commerce & Logistics, Consumer durables, Software Services, and Consumer Services cohorts in Cluster 2 of the process.
• For 13 cohorts, Cluster 3 of the process hosted 54 organisations from BFSI, Consulting, Power & Utilities, Manufacturing, and New Age Firms. Renew Power, Dr. Reddy Labs, Yes Bank, ICICI Group, Cognizant, BNY Mellon, and NRI Consulting made 122 bids as part of the process. For the first time, notable recruiters such as Titan, Winzo Games, TATA Steel, PayU, Yodlee, and new age tech startups such as Helicrofter, Tuitionable, and Sabkamandi took part.

IIM Calcutta Final Placements for 2018-2020

• The Final Placement procedure at IIM Calcutta for the batch 2018-20 took place in two parts. The lateral procedure, in which students with prior work experience were interviewed, was the first step.
• The second stage, in which there was no differentiation based on work experience, was the second stage. A total of 148 recruiters took part in the process, with a total of 444 pupils.
• On Day 1A of placement week, 131 recruiters made a total of 495 offers. Pre-placement offers (PPOs) were also made available to 35 percent of the class based on their performance during their summer internships.
• For this batch, IIM Calcutta implemented the ‘Dream’ and ‘Wait & Hold’ policies. Students could put their offers on hold and they were allowed to apply for other firms. McKinsey & Company, Bain & Company, BCG, PwC, Kearney, Accenture, Barclays, Goldman Sachs, JP Morgan Chase, Bank of America Merrill Lynch, and Gaja Capital were among the top recruiters

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