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Indian Institute of Management Calcutta

Director's Message

A warm welcome to the Indian Institute of Management Calcutta, the first among the IIMs!  IIM Calcutta (IIMC) was set up by the Government of India on November 14, 1961 in collaboration with MIT’s Sloan School of Management.  Beginning as a small school at a time when professional management education was virtually unknown in India IIMC has made great strides over the years in providing management education of the highest quality and in developing tomorrow’s business leaders.

Over the last five decades IIMC has emerged as one of the leading management schools in the Asia Pacific region with the vision to be an international centre of excellence and the mission to develop innovative and ethical future leaders and to advance the theory and practice of management.

The work of managers and organizational leaders is becoming increasing complex.  Today’s business environment, characterized by far reaching and continuing developments in science and technology; increasing integration of the world’s economies; rapid introduction of new products and forced obsolescence of existing ones; and major social changes all over the world is extremely complex.  Therefore those who aspire to become tomorrow’s business leaders will need to acquire specialized knowledge, skills and attitudes.

At IIM Calcutta students become immersed in its culture of rigorous analysis and learn to search for facts and identify and question underlying assumptions and view a business situation from multiple perspectives.  We teach students the theories and concepts to analyse how and why markets behave in the way they do; and how and why people and organizations behave in the manner they do and use multiple methods to impart the required knowledge and develop the skills and attitudes – lectures, cases, simulations, field surveys and team assignments.  Our programmes enable and encourage participants to challenge conventional wisdom and come up with innovative solutions to business problems.

Our students, selected through an extremely competitive process are outstanding individuals.  Our alumni of the two year full time post graduate programme number around 9000.  A very large number of them have made a mark as leaders in their professions.  On graduation our students become a part of an extremely influential network of business leaders.

Over the years we at IIM Calcutta have realized that “hard” business skills alone are not sufficient for effective leadership.  This has become very evident in the aftermath of the global economic crisis triggered by several MNCs’ questionable decisions that have damaged national economies and ruined the lives of large numbers of people.  What organizations require are well rounded leaders who are trained to look at their organizations holistically and consider the long-term implications of their business decisions.  In the mid nineties IIMC took the lead to establish the Management Centre for Human Values. This Centre offers courses on business ethics, human values, leadership and management of non-governmental organizations and conducts research in related areas.

IIMC is a leader in long duration executive education.  Beginning in 1999 with a one year long modular management development programme for mid career executives today we offer a portfolio of 18 programmes of varying duration ranging from 6 months to a year.  Each year close to about 4000 participants attend these programmes.

During the last few years IIMC has been going through a transformative process steadily moving towards its vision.  Our flagship programme the 2 year full time Post Graduate Programme has grown significantly – from an annual intake of around 300 students to more than 450; the doctoral programme from around 10 to 25; the faculty strength from around 60 to around 85; and our foreign partner schools from less than 10 to 50. During the same we launched two new post graduate programmes; (a) the one year full-time Post Graduate Programme for Executives and (b) the one year full-time Post Graduate Programme for Executives for Visionary Leadership in Manufacturing.

Simultaneously, we are in the process of creating state-of-the art physical facilities amounting to half a million square feet to support our multi-faceted growth.

I am very happy to inform you that IIMC has in its Golden Jubilee year started on a new trajectory that will simultaneously focus on teaching and research excellence.  During the last few years we invited 10 to 15 professors annually from reputed business schools abroad to teach in our programmes and engage in collaborative research with our faculty.

As you can perhaps visualize IIMC is an exciting place to be in for students and faculty. I invite you to navigate through our website to learn more about the Institute and its activities.

Prof. Shekhar Chaudhuri

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