Indian Institute of Management, (IIM-C) Calcutta - Application, Eligibility, Fee structure, accreditations

IIM Calcutta - Recognition and Accreditations

Indian Institute Management Calcutta has been an epitome of stellar business education and one of the 86 global business schools to have triple accreditation. The school is accredited by Association of MBAs (AMBA), Association to Advance Collegiate Schools of Business (AACSB) and European Quality Improvement System (EQUIS). IIM Calcutta was ranked 3 in NIRF 2019 rankings for top 100 B-Schools in India.

The institute offers a variety of management courses such as Post Graduate Diploma in Management (PGDM), PGPEX (Post Graduate Programme for Executives), PGPEX-VLM - Visionary Leadership in Manufacturing, Post Graduate Diploma in Business Analytics (PGDBA), Executive Training Programmes, master's in business administration (MBA) and Doctoral Programmes.

IIM Calcutta - Courses Offered

IIM-C has been playing a pioneering role in professionalizing Indian management through its Postgraduate & Doctoral level programs and Executive Training Programs. The programs offered at IIM-C are tabulated below

IIM C x CEMS

IIMC has joined CEMS, an elite club of 30 premier business schools from across the world, as an Academic partner. The CEMS MIM program is a one-year program which can be taken up simultaneously with the 2-year flagship PGP program of IIMC. The key distinguishing feature of CEMS MIM is that it brings forth all the stakeholders (schools, companies, students and alumni) together in a collaborative course which is the MIM. Qualifying students must spend one term (Term V of IIMC 2nd year PGP / Term 1 of CEMS MIM) in any of the CEMS member schools abroad before returning to IIMC for the final term.

IIM Calcutta - Entry Requirements

For FPM, an applicant can apply to at most two areas of specialization. (S)he needs to have taken the Common Admission Test (CAT) for that year OR, depending on the chosen specialization(s), alternative test(s), in lieu of the CAT as specified in the following table:

IIM-C Eligibility Criteria

Eligibility for PGDM

• The candidate must hold a bachelor's degree, with at least 50% marks or an equivalent CGPA[45% in case of the candidates belonging to Scheduled Caste (SC), Scheduled Tribe (ST) and Persons with Disability (PWD) categories]
• The candidate may possess an equivalent qualification recognized by the Ministry of HRD, Government of India.
• Candidates appearing for the final year bachelor's degree / equivalent qualification examination and those who have completed the degree requirement and are awaiting results can also apply. he candidate is required to produce certificates and mark sheets in original together with the photocopies NO LATER THAN DECEMBER 31, 2018

Eligibility for PGDBA

A candidate must hold a graduate/post graduate degree with any of the following:

• 10+2+4: Minimum of 60% marks, and/or CGPA 6.5 on a 10-point scale, and/or equivalent, in the BS/B Tech/BE or equivalent Level.
• 10+2+5: Minimum of 60% marks, and/or CGPA 6.5 on a 10-point scale, and/or equivalent, in the Integrated Masters or equivalent Level.
• 10+2+3+2: Minimum of 60% marks, and/or CGPA 6.5 on a 10-point scale, and/or equivalent, in the Masters Level.

For SC/ ST and Differently Abled (DA) category candidates, the qualifying marks for eligibility shall be 55%, and/or CGPA 6.0 on a 10-point scale, and/or equivalent.

Candidates, who are in the final year, are also eligible to apply provided they appear in the final examination and complete other academic requirements as specified above by May 31, 2017.

Eligibility for PGPEX

• Executives with a bachelor's degree (minimum 10+2+3 years of formal education) or equivalent in any discipline and more than 5 years of post-qualification managerial/professional work experience may apply.
• A valid GMAT score (taken within last 36 months of application date) is also required.

Eligibility for PGPEX-VLM

• A First-Class Graduate Engineers with First Division/ First Class Marks from SLC/ Madhyamik
• Self-sponsored candidates- Minimum 4.5 (four and a half) to maximum 10 years of work experience in manufacturing, engineering and related sector; holding responsibilities in production planning and control, research, design and development, quality control, plant engineering, maintenance, supply chain, construction etc.
• Sponsored candidates need to have minimum 4.5 (four and a half) years of work experience. There is no upper limit of experience.

Eligibility for FPM

• First Division in Master's degree in any discipline or CA/CS/CMA with minimum 55% marks and a three-year Bachelor's degree with at least 50% aggregate marks. 
  or, 
  First Division in Bachelor's degree in Engineering.
• Applicant must have obtained a minimum of 50% aggregate marks in the Higher Secondary Examination of any Board (or equivalent).
• A final-year student appearing for the Bachelor's degree examination in Engineering or Master's degree examination in any discipline can also apply.

IIM Calcutta Admission Process

The institute grants admission considering the CAT percentile, WAT scores and GD/PI Scores. Furthermore, weightage is given to the consolidated graduation percentile, 12th and 10th grade percentile along with the number of years of work experience. The selection is based on the merits of each category. The pre-requisite is to have 50% aggregate in bachelors. Students studying in the final year are also eligible to apply. The reservation policy for admission of the Central Educational Institutions (CEIs) is followed by the institution.

Let us understand the selection process with respect to different post-graduation programmes

For Post Graduate Programme in Management

There are 2 stages that a candidate goes through before getting selected for IIM-Calcutta PGDM Programme.

• The first stage is appearing for the CAT (Common Admission Test) conducted by the IIMs (GMAT for the international candidates). For international candidates, percentile scored in GMAT will be equated to the CAT score for the same percentile.

• On clearing the required cut-offs and the composite score, a candidate is called for the Written Ability Test (WAT) and Personal Interview (PI).

For Post Graduate Diploma in Business Analytics

• The candidate will be shortlisted based on the written test score.

• In the PI the candidate may be tested on his/her analytical ability through mathematical problem solving. Shortlisted candidates will be called for a personal interview. The final offer would be made based on performance in the written test, personal interview, work experience and academic standing.

For PGPEX Programme

• The candidates must apply online with a valid GMAT score. The shortlisted candidates will go through a round of personal interview. Final selection of a candidate is based on his professional experience, academic record, GMAT score and the personal interview.

• The candidates are also required to submit a statement of purpose (SOP) and two recommendation letters from people holding senior managerial positions.

For PGPEX-VLM Programme

• Candidates will be shortlisted based on their application form and the GMAT/GRE score will be an add-on and is not mandatory.

• Shortlisted candidates are required to appear for an Aptitude test and the candidates shortlisted further based on the test, must appear for a round of Personal Interview.

DOCTORAL (FPM)

• Candidates will be shortlisted based on their application and any competitive exam score which is a part of the application. The shortlisted candidates are called for the personal interview.

• Shortlisted candidates will be interviewed by the faculty members of the area(s) of specialization

IIM Calcutta Overseas Exchange Programmes

IIM C offers substantial opportunities to students to gain international exposure while studying management literature. Students get to spend a semester in an international B – school which has tied up with IIM C in the same interest. These institutes include

• Louvain School of Management

• Rotterdam School of Management

• Erasmus University

• the London School of Economics 

• Political Science and WU (Vienna University of Economics & Business). 

Along with studies, selected students get a chance to interact with people from different cultures and divinities.

Eligibility and Selection Criteria for IIM C

IIM-C shortlists candidates based on the CAT score, past academic performance, and other criteria mentioned below:

The given statistics had been observed during last year's admission procedure

Minimum Sectional Percentile

If the candidate does not score minimum prescribed percentile in CAT 2019, he/she will not be considered for shortlisting for final selection stage.

IIM C Sectional Cut-offs for each social category

• Minimum CAT percentile cutoffs to be considered for PI and WAT process

CAT 2019 comprised of 3 sections, I.e Verbal Ability (VA), Quantitative Aptitude (QA) and Data Interpretation & Logical Reasoning (DILR). The sectional cutoffs that are needed on a primitive basis are mentioned below:

Note: Scheduled Castes (SC), Scheduled Tribes (ST), Non-creamy Other Backward Castes (NC-OBC), Person with Disability (PWD)

The interview calls made to the candidates are based on the overall composite score. The Composite Score also reflects the components of the CAT score, Class X and Class XII aggregate percentages, and gender diversity factor.

10th and 12th class scores

For computing the percentage of marks obtained in Class X and Class XII, the aggregate marks of all subjects that appear in the mark sheet/grade sheet would be considered irrespective of whether the Board considers them for calculation of percentage. Marks allotted for the 10th and 12th percentages are based on the following Table:

The composite score of a candidate is calculated based on the table below. All the components have a weightage:

IIM Calcutta Admission Shortlisting Criteria 2020 Weightage Parameters are shared below:

A = Candidate's Total CAT 2019 score
B = Maximum CAT 2019 Score

The composite cut-off score is used for short-listing the candidates for the Personal Interview stage in each category. The number of candidates short-listed for the PI stage would be the discretion of the institute and would depend on the batch size of 2020-22

Remark: The most interesting thing about the IIM-C shortlisting process is that it doesn't consider the graduation percentage at all. A student with a decent (81% +) score in class 10th and 12th gets full marks for academics.

Final Shortlisting Criteria

The candidate's final selection for a seat at IIM-C is based on the final score, which includes components such as PI, WAT, CAT score, Diversity (Gender + Academic) and work experience. The following table describes the weights attached to each of these components

*Work Experience

For work experience, a maximum of four points will be awarded based on the length of service as on January 31, 2018. (Please refer Table below). However, only managerial work experience after graduation will be considered. Training/Project work/work done as an integral part of curricular requirement will not be considered.

The final selection list will be based on merit in each category; minimum qualification on the above-mentioned criteria would not automatically qualify the candidate for admission into IIM Calcutta.

Reservation Policy:

IIM Calcutta will follow Government of India reservation policy for IIM admission to Central Educational Institutions (CEIs).

Note: Any dispute concerning Admissions for the MBA Batch 2020-22 would be subject to the jurisdiction of the competent courts within the territorial jurisdiction of the city of Kolkata Only.

IIM Calcutta: MBA domains

IIM Calcutta offers 2-year MBA program across various streams like Finance, Human Resource Management, Economics, Management Information Systems, Marketing, Operations Management, Organizational Behavior, Public Policy and management, Strategic Management among others. While the first year focuses on general management subjects, the second year offers a range of domain specific electives. Students can also opt for dual degree proggrammes at IIM Calcutta.

IIM C Fees Structure

The most recently revised fees of IIM-C have been tabulated below:

IIM-C Final Placements

The placement process is conducted in two stages. The first is the laterals process where the firms interview the students with work experience and offer them mid-level managerial positions. The second stage is the final placement process where the firms are grouped into cohorts based on the profile offered.

Students either have a Pre-Placement Offer (PPO) or a lateral placement offer before the placement season began. The table compares the last two batches.

IIM Calcutta Sector-Wise Placements 2020

Consulting had turned out to be the highest recruiting sector with 31% of the total offers. A detailed pictorial representation is shown below:

IIM Calcutta Summer Placements 2020

Contrary to the final placement and the PPOs, finance sector witnessed a lead during the summer placements 2020, with 26% offers. Next in line was the operations and general management with 25% offers. Find the sector wise information tabulated below.

IIM Calcutta Placements 2020: Salary Statistics

This year, the average salary offered was Rs 28 lakh which is an increase of Rs 2.64 lakh from last year.

IIM Calcutta Placements 2019 Insights

The average package offered in 2019 was Rs. 25.36 lakh which was Rs. 1.16 lakh more than last year's average package.

IIM Calcutta Placements 2019: Sector-wise Breakup

IIM Calcutta Placements 2020 v/s 2019

IIM Calcutta placements 2019 had recorded 50% increase in job offers from E-Commerce, Operations and Product Management. Consulting and Finance claimed 50% of total students placed. While Consulting saw an increase of 7% in job offers made, finance sector witnessed a drop of 7% as compared to last year. This year’s placement drive of this IIM witnessed the median salary to reach Rs 25.5 lakh.

A few more highlights for the year 2020 are mentioned in the below table with a comparison to 2019 highlights:

IIM Calcutta Salary Trends

2020 placements saw an increase of 10% in the mean salary package from the previous placement drive, the institute repeated its history of excellent placements for PGDM. A comparative graph for the salaries offered in 2019 and 2020 is shown below:

Key Recruiters at IIM C

• McKinsey & Co

• Bain & Co

• Kearney

• A.T. Kearney 

• PricewaterhouseCoopers

• Boston Consulting Group

• Accenture

• Barclays

• Goldman Sachs

• JP Morgan Chase

• Bank of America

• Merrill Lynch

• Gaja Capital 

• Credit Suisse

• Oliver Wyma

• Monitor Deloitte

• Amazon

• Uber

• Udaan

• Net

• Flipkart

• Microsoft

• Goldman Sachs

• Bank of America Merrill Lynch (BAML)

• Deutsche Bank

• Flipkart

IIM Calcutta Scholarships

IIM Calcutta offers several scholarships. Some of them are mentioned below:

• BP Poddar Scholarship

• India Carbon Scholarship

• T. Thomas Scholarship sponsored by HUL,

• Ratan Tata Trust

• Aditya Birla Group

• OP Jindal Engineering & Management

Along with this NTPC Awards and Scholarships are also offered to deserving SC/ST candidates having disabilities based on their academic performance.

Notable IIM-C Alumni

Academics

• Gita Johar
  Senior Vice Dean and Professor
  Columbia Business School, Columbia University

• Paul Shrivastava
  David O'Brien Distinguished Professor of Sustainable Enterprise
  Concordia University

• Krishna Palepu
  Professor at Harvard Business School
  Senior Adviser to the President for Global Strategy
  Harvard University

• Dan Gode
  Professor at New York University

Business

• Indra Nooyi
  Chairman and Chief Executive Officer, PepsiCo

• Gopal Vittal
  CEO of Bharti Airtel (India)

• Ajit Balakrishnan
  Founder and Chief Executive Officer (CEO) of Rediff.com

• Ashish Chauhan, Managing Director and CEO
  (Bombay Stock Exchange)

• Nishi Vasudeva
  Chairperson & Managing Director (CMD)
  (Hindustan Petroleum)

• Sunil Alagh
  (Former MD and CEO
  Britannia Industries)

• Shantanu Khosla
  (MD of Procter & Gamble India)

Public Sector/Service Sector

• AmolakRathanKohli
  Former Governor of Mizoram

Literature

• Amish Tripathi
  Novelist, author of the Shiva Trilogy