IIM Calcutta: Fees, Placements, Admission 2024

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The Indian Institute of Management Calcutta (IIM Calcutta) stands as one of India’s foremost business schools. It was founded in 1961 through a collaboration involving the Government of India, the Sloan School of Management at MIT, the Ford Foundation, the Government of West Bengal, and the Indian industry.

Iim Calcutta

IIM Calcutta : Highlights

HighlightDetails
Established1961
LocationKolkata, West Bengal, India
Programs offeredPGP in Management, Executive MBA, Doctoral Program in Management
FacultyHighly qualified and experienced, with strong research and consulting expertise
Student lifeVibrant and diverse, with a variety of clubs and organizations
Alumni networkStrong and supportive, with many successful business leaders
RankingsRanked among the top business schools in India and the world
PlacementsStudents are highly sought-after by employers and typically secure jobs in top management positions in leading companies across various industries

IIM Calcutta : Ranking

IIM Calcutta holds a prominent position among the top business schools in both India and the global arena. Its rankings, as reported by various sources, underscore its esteemed status:

  1. NIRF Ranking 2023: 4th (Management)
  2. IIRF Ranking 2023: 3rd (Top MBA Colleges in India)
  3. FT Global MBA Ranking 2023: 76th
  4. QS World University Rankings 2023: 501-550

These remarkable rankings are a testament to IIM Calcutta’s rigorous academic curriculum, distinguished faculty, and vibrant student life. The institution’s reputation is further elevated by the high regard it enjoys among employers, resulting in a strong demand for its graduates.

Furthermore, specific rankings in various categories exemplify IIM Calcutta’s excellence:

  • Finance: 60th (FT Global MBA Ranking 2023)
  • Marketing: 51-60th (QS World University Rankings 2023)
  • Human Resource Management: 61-70th (FT Global MBA Ranking 2023)
  • Operations Management: 71-80th (FT Global MBA Ranking 2023)
  • Strategic Management: 51-60th (QS World University Rankings 2023)

Financial Aspects: Understanding The Fees

When contemplating enrollment at IIM Calcutta, it becomes imperative to scrutinize the fiscal elements, given that tuition fees and associated expenditures can be rather substantial. Nevertheless, it is crucial to acknowledge that an investment in an IIM Calcutta MBA is prone to bestow enduring advantages, as graduates customarily relish the prospect of lucrative earnings and thriving professional trajectories.

Here’s an exhaustive dissection of the monetary facets linked to matriculating at IIM Calcutta:

1.Tuition Charges: The tuition costs for the two-year Post Graduate Program (PGP) in Management at IIM Calcutta presently stand at INR 22.5 lakhs.

2. Incidental Outlays: Apart from the tuition fees, scholars should allocate finances for a medley of other expenses, encompassing the cost of subsistence, textbooks, materials, and travel. On average, monthly livelihood expenses for a scholar in Kolkata approximate around INR 20,000.

3. Financial Assistance: IIM Calcutta extends a spectrum of fiscal support alternatives, encompassing scholarships founded on merit, financial aid rooted in need, and inclusivity scholarships. Furthermore, students have the choice to solicit loans from financial institutions and banks.

To streamline the fiscal dimension of your IIM Calcutta MBA, here are some invaluable recommendations:

1. Commence Savings Prematurely: Launching your savings strategy at an embryonic stage allows your capital to proliferate over time.

2. Investigate Monetary Support: Ensure to delve into the diverse fiscal assistance prospects furnished by IIM Calcutta before contemplating loans.

3. Part-Time Employment: If feasible, mull over part-time vocations during the course of your academic pursuit, as it can assist in mitigating your overarching financial encumbrance.

4. Networking Prospects: IIM Calcutta boasts a robust network of alumni, which can function as a priceless reservoir for employment hunt counsel and potential financial backing.

IIM Calcutta : Admission 2024

The admission procedure for the 2024 intake of IIM Calcutta’s Post Graduate Program (PGP) in Management unfolds as follows:

Step 1: CAT Score

Commencing the admission journey necessitates achieving a minimum CAT score of 750. CAT, a nationwide entrance examination, stands as a mandatory prerequisite for gaining entry into the upper echelons of business institutions in India.

Step 2: Written Ability Test (WAT)

The WAT constitutes a 60-minute composition assessment, probing into the writing capabilities and analytical acumen of applicants. IIM Calcutta administers the WAT on a pre-scheduled date.

Step 3: Personal Interview (PI)

The PI entails a 30-minute interaction where candidates’ interpersonal adeptness, leadership potential, and alignment with IIM Calcutta’s ethos are evaluated. IIM Calcutta schedules the PI on a predetermined date.

Step 4: Selection Committee Meeting

The Selection Committee Meeting convenes the academic faculty and staff of IIM Calcutta, tasked with reviewing all applications and selecting the individuals who will secure admission into the PGP in Management program.

Timeline for Admission 2024:

  • CAT Exam: November 2023
  • WAT: January 2024
  • PI: February 2024
  • Selection Committee Meeting: March 2024
  • Admit List Announcement: April 2024

How to Apply for Admission to IIM Calcutta 2024:

Prospective candidates aspiring to enroll in IIM Calcutta’s PGP in Management program for 2024 must navigate to the official IIM Calcutta website and duly submit an application form. The application must be accompanied by the subsequent documents:

  • CAT Scorecard
  • Undergraduate degree certificate
  • Statement of Purpose (SOP)
  • Two letters of endorsement

Tips for Applying to IIM Calcutta 2024:

  • Initiate the application process promptly. Commencing early provides ample time for thorough preparation for the CAT, WAT, and PI.
  • Thoroughly acquaint yourself with the intricacies of the IIM Calcutta admission procedure and the prerequisites for the PGP in Management program.
  • Customize your application to resonate with IIM Calcutta’s distinctive identity. Emphasize your transferable proficiencies and elucidate your potential contributions to the IIM Calcutta community.
  • Prepare diligently for the CAT, WAT, and PI. A multitude of resources, both online and in library archives, is at your disposal to facilitate your readiness for these assessments.

IIM Calcutta : Placement Details

IIM Calcutta’s placement record is excellent. In the 2023 placement season, the average salary for IIM Calcutta graduates was INR 21.5 lakhs per annum. The highest salary offer was INR 70 lakhs per annum.

IIM Calcutta graduates are highly sought-after by employers in India and around the world. They typically secure jobs in top management positions in leading companies across various industries.

Here are some of the top recruiters at IIM Calcutta:

  • McKinsey & Company
  • Bain & Company
  • Boston Consulting Group
  • Accenture
  • Deloitte
  • KPMG
  • EY
  • ICICI Bank
  • HDFC Bank
  • Kotak Mahindra Bank

IIM Calcutta graduates also have the opportunity to pursue careers in consulting, investment banking, finance, marketing, and human resources.

Overall, IIM Calcutta’s placement record is excellent. Graduates of IIM Calcutta are highly sought-after by employers and typically secure jobs in top management positions in leading companies across various industries.

IIM Calcutta : Your Path To Success

IIM Calcutta serves as a promising gateway to a prosperous future. With its demanding academic curriculum, distinguished faculty, and a vibrant student community, IIM Calcutta equips students with the competencies and knowledge necessary to thrive in the global business arena.

Here are various avenues through which IIM Calcutta can pave the way to your career aspirations:

1. Rigorous Academic Curriculum: IIM Calcutta’s curriculum encompasses a broad spectrum of business management domains, including finance, marketing, operations management, strategic management, and human resource management. This holistic approach ensures students gain a profound comprehension of the business landscape, preparing them for success across diverse career paths.

2. Strong Faculty: The faculty at IIM Calcutta consists of highly qualified and seasoned professionals, each an authority in their respective fields. These educators are not only well-versed in their subject matter but are also deeply committed to nurturing student success.

3. Vibrant Student Life: IIM Calcutta fosters a dynamic student community teeming with various clubs and organizations. Students have the opportunity to engage in extracurricular pursuits such as sports, cultural events, and social service initiatives. These activities help hone leadership skills and create networking opportunities with peers from diverse backgrounds.

Beyond the academic and extracurricular merits,

 IIM Calcutta boasts a robust alumni network. IIM Calcutta’s alumni, who have achieved significant professional success, are enthusiastic about extending a helping hand to their fellow graduates. This network can provide students with job prospects, mentorship, and financial support.

In sum, IIM Calcutta is a viable route to success for those aspiring to thrive in the business world. The institution’s challenging curriculum, accomplished faculty, vibrant campus life, and influential alumni base together prepare students to excel in the global business landscape.

Here are a few examples of notable IIM Calcutta alumni who have reached pinnacles of success in their careers:

  • McKinsey & Company: Dominic Barton, the CEO of McKinsey & Company, is an alumnus of IIM Calcutta.
  • ICICI Bank: Chanda Kochhar, the former CEO of ICICI Bank, is an alumna of IIM Calcutta.
  • HDFC Bank: Aditya Puri, the former CEO of HDFC Bank, is an alumnus of IIM Calcutta.
  • Kotak Mahindra Bank: Uday Kotak, the CEO of Kotak Mahindra Bank, is an alumnus of IIM Calcutta.

IIM Calcutta : Faculty's

IIM Calcutta takes immense pride in its distinguished faculty, an assemblage of erudite individuals possessing multifarious areas of specialization. These pedagogues not only exhibit exalted qualifications and extensive experience but also harbor an unwavering ardor for the domains of pedagogy and scholarly inquiry.

Allow me to introduce a selection of revered faculty members at IIM Calcutta, who stand as luminaries within their respective spheres:

1. Prof. Rajat Nag

Prof. Nag, an erudite luminary, serves as the Dean of Faculty and wields the mantle of a Professor in the realm of Finance at IIM Calcutta. He emerges as a preeminent luminary in the arena of corporate finance, with a prolific body of work adorning top-tier academic journals, thereby solidifying his eminence as a distinguished virtuoso in this domain.

2. Prof. Amitabh Basu

Prof. Basu, an erudite savant, assumes the mantle of a Professor specializing in Marketing at IIM Calcutta. His eminence unfolds within the purview of consumer behavior, an expanse to which he has contributed copiously. His manifold publications grace the annals of prestigious academic journals, affirming his profound insights into the subject.

3. Prof. S.K. Ghosh

Prof. Ghosh, an erudite doyen, dons the mantle of a Professor in Operations Management at IIM Calcutta. His dominion extends resplendently across the terrain of supply chain management. An imposing figure in this domain, his substantial opus finds resonance in revered academic journals, bearing testimony to his profound expertise.

4. Prof. R.K. Srivastava

Prof. Srivastava, an erudite luminary, graces the corridors of IIM Calcutta as a Professor specializing in Strategic Management. He stands as a vanguard in the realm of competitive strategy, his contributions to august academic journals casting an indomitable aura of authority in this field.

5. Prof. P.K. Sinha

Prof. Sinha, an erudite authority, holds the position of a Professor specializing in Human Resource Management at IIM Calcutta. He is celebrated for his sagacity in the domains of compensation and benefits. His substantial body of research finds acclaim in esteemed academic journals, affirming his status as a luminary in this sphere.

These profiles proffer but a tantalizing glimpse into the pantheon of eminent faculty members at IIM Calcutta. Each of these savants is celebrated for their profound erudition in their respective realms. The unswerving commitment of IIM Calcutta’s faculty to furnishing an education par excellence and nurturing the success of their charges remains unwavering.

IIM Calcutta : Scholarship

IIM Calcutta extends a diverse array of scholarships to its students, encompassing merit-based accolades, need-driven financial support, and scholarships promoting diversity.

  • Merit-Based Scholarships: These scholarships are conferred upon students in recognition of their exceptional academic accomplishments and other noteworthy achievements. 

Noteworthy among the merit-based scholarships at IIM Calcutta are:

  1. CAT Topper Scholarship: This prestigious scholarship is bestowed upon the highest achiever in the CAT exam, recognizing their outstanding performance.
  2. IIM Calcutta Foundation Scholarship: This scholarship commends students who exhibit both financial need and academic excellence, underlining the institution’s commitment to supporting well-rounded scholars.
  3. Ratan Tata Scholarship: Reserved for students who have surmounted significant personal challenges while also achieving academic excellence, this scholarship signifies the institution’s dedication to nurturing resilience and excellence.
  • Need-Based Financial Assistance: IIM Calcutta prioritizes ensuring that students facing financial constraints can access the educational opportunities they deserve.

Several need-based financial assistance options are accessible, including:

  1. IIM Calcutta Tuition Waiver Scheme: This benevolent scheme offers either full or partial tuition waivers to students demonstrating financial need, facilitating access to the institution’s educational offerings.
  2. IIM Calcutta Hostel Subsidy Scheme: Recognizing the importance of affordable accommodation, this scheme provides subsidies to students residing in the IIM Calcutta hostels, alleviating the cost of housing.
  3. IIM Calcutta Book Grant Scheme: Acknowledging the financial burden of educational materials, this scheme extends grants to students to procure textbooks and other essential learning resources, ensuring that financial constraints do not impede their educational journey.

These multifarious scholarship options affirm IIM Calcutta’s dedication to fostering an inclusive and supportive academic environment, where students can thrive, regardless of their financial circumstances.

IIM Calcutta : Cutt-off 2023

CategoryOverallVARC
General9080
EWS8575
NC-OBC8070
SC7065
ST/PwD6560

Please note that these are the qualifying cut-off criteria for admission to the IIM Indore Post Graduate Program (PGP) in Management. It’s important to understand that the final cut-offs may vary and could be higher, contingent on the overall pool of applicants and various other factors.

In addition to the overall and VARC cut-offs, IIM Calcutta also has sectional cut-offs for the Quantitative Ability (QA) and Data Interpretation and Logical Reasoning (DILR) sections of the CAT exam. The sectional cut-offs are expected to be as follows:

CategoryQADILR
General7070
EWS6565
NC-OBC6060
SC5555
ST/PwD5050

Calcutta High Court

In the realm of judicial eminence, the Calcutta High Court rises as the paramount arbiter within the precincts of the state of West Bengal, India, and the Union Territory of the Andaman and Nicobar Islands. This august institution stands as a venerable relic, sharing its origins with a triumvirate of India’s oldest High Courts, a legacy forged in the crucible of the year 1862 under the aegis of the High Courts Act of 1861. A grandeur domiciled in Kolkata, the illustrious capital city of West Bengal.

The Calcutta High Court,

A bastion of justice, commands a retinue of 72 judges, marshaled under the imprimatur of the Chief Justice, the paragon of judicature. The investiture of the Chief Justice finds its genesis in the august office of the President of India. In harmonious synergy, the selection and ascendancy of the court’s remaining justices unfurl under the joint behest of the Chief Justice of India and the gubernatorial head of West Bengal.

FAQ's

The most challenging aspect of the IIM Calcutta PGP program is the rigorous academic curriculum. The program is designed to challenge students intellectually and prepare them for the rigors of the business world.

The best way to prepare for the IIM Calcutta PGP program is to develop a strong foundation in business fundamentals. Students should also focus on developing their analytical and critical thinking skills.

Start preparing early. The IIM Calcutta PGP program is a highly competitive program, and students need to give themselves enough time to prepare for the CAT exam, WAT, and PI rounds.

The most popular clubs and organizations at IIM Calcutta include the Consulting Club, the Finance Club, the Marketing Club, and the Entrepreneurship Cell.

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